Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Running discussion on SP, page-1295

First 1295 Last

Share
Profile

Follow
parko14

127 Posts.

22

16/04/18

14:57

Post #: 32484067
Share

Originally posted by Freehold ↑

Interesting what the release of a maiden JORC figure can do for even a stock with a just a moderately large and highish grade resource. In the 1st few hours after CLA announced their maiden Cobalt JORC reserve the share price has shot up +30% (at time of writing) and could prob go more over coming days. Now what can AVZ holders expect when AVZ announce their maiden JORC which is quite likely to make it the a high grade deposit and largest hard rock lithium JORC by tonnage. Similar if not better response I would expect. Why ? Its because the deposit will have been become a little more derisked/certain. Expect similar price moves when other key project milestones are met such as successful studies eg, like Definitive Feasibility study, subsequent increase in Jorc, and offtake agreements with customers such as Chinese buyers etc

According to last quarterly AVZ maiden JORC due before the end of this quarter (late June).

Expand

Hoping so! As a holder of CLA the JORC was 3-4X better than most anticipated though

AVZ Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 80,526 more messages in this thread...

First 1295 Last

Add AVZ (ASX) to my watchlist