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78.0¢ avz minerals limited

rule 9..companies job to take care of transport, not...

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Ironpony

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14/02/20

09:37

Post #: 42928121
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Originally posted by Kikker1959: ↑

Rule 9: be ware of posters that fail to address the elephant in the room, TRANSPORTATION.
Rule 10: Pictures are fun and impressive but do not hide the fact that statements of $1 SP in 2 years are a fairytale, as the history of AVZ has shown. These poster comedians were saying 3 years ago, we be mining in 2019, no DFS needed, the Belgiums knew what is there etc, the Chinese will build this in no time. etc, Easter Eggs etc, Now 3 years later and you achieved a pumped out pond.
Rule 11: Ignore companies that pretend to be the biggest and best, when BOD have not invested any serious cash into it themselves and have part time jobs. Why have a PT job if this is the bees knees, you wonder.
Rule 12: let the market decide on risk and return. AVZ been around for years, the market does not agree with the outlook, hence has it priced well below the WA miners.
Rule 13: Bringing a mine into production with a massive amount of risky variables will most likely result in not achieving the DFS targets and time lines. (also historically proven with AVZ, remember the initial drills that had to come from SA, where months and months overdue)
Rule 14: Question investments in jurisdictions and locations where the big boys want to stay away from (Tesla, VW, BMW)
Rule 15: Be wary of investment where its success is not in the hands of the company but dependent on external parties, such as Congo Governments, private enterprise (Electricity plant, roads, bridges, barges, trains, railway lines all need building) Thus, easy for BOD to hide the any delays that way, while drawing big salaries.

Good luck to all.

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rule 9..companies job to take care of transport, not posters.

rule 10.. how is the PLS $10 fairy tail going for you.

rule 11.. company is not pretending.

rule 12..correct.

rule 13..risk & reward.

rule 14..they will take it from where it is cheapest and highest quality or they won’t compete.

rule 15..pretty standard for majority of mining companies.

AVZ Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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rule 9..companies job to take care of transport, not...

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