AVZ 0.00% 78.0¢ avz minerals limited

Morning all, Just a quick snapshot update and a few BIG CHART...

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    Morning all,

    Just a quick snapshot update and a few BIG CHART comparisons, before things kick off tomorrow (DRC time).

    1. AVZ snapshot vs select spodumene peers.

    AVZ Snapshot & Peer Comparison 22112021.png

    Key points to the above:

    *Whilst the SP is heading in the right direction, AVZ is still trading at a heavy discount vs its spodumene development peers.
    EV/t Li20 resources = A$439 vs A$1424 (development peer average), representing a whopping A$984/t or 69% discount.

    *In order for AVZ to match LTR's current EV/t Li20 reserves valuation of $2422, AVZ's SP would need to rise to $1.635 (75% ownership) or $1.215 (assuming 51% ownership post CATH deal).

    2. FMG weekly chart extract (June 2006 - June 2008) with explanatory notes.

    FMG weekly candlestick chart May 2004 - July 2008.png

    3. LTR Chart (2019 - present) with explanatory notes.

    LTR weekly candlestick chart 2019 - Nov 2021.png

    4. AVZ Chart (2019 - present).

    AVZ weekly candelstick chart 2019 - Nov 2021.png

    5. Don't forget the Tin... new all-time high overnight

    Tin daily closing chart 2019 - Nov 2021.png

    GLTA and also don't forget to register for the DRC-Africa forum (commencing tomorrow DRC time)

    Register (drcafrica-businessforum.org)

    Cheers
    Elpha

    DRC Africa Business Forum Nov 8-9 2021.png
 
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