AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-62189

  1. 13,090 Posts.
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    So tanked and crashed up another 8000 yuan last night -

    another approx 1255 usd

    So that’s the third move in a week of 8000y- nearly 3760 usd up in a week

    lithium finished product up and closing over 300000 yuan

    tin close to 40000 usd/ t

    so you can’t actually make the lithium finished product without spodumene  right

    so with this demand and price rise

    don’t be greedy -

    just add 100 usd of the 3760 usd approx increase this week to the estimated price a future producer could make in terms of increased margin

    after you have done that

    then hope that Avz actually finds some shallow high grade mega spodumene and tin deposit - gets a reserve confirmed under the jorc code some time in the near future

    oh wait -

    my mistake seems Avz already has a confirmed mega resource and mega all important mining reserve which is close to the surface and  also contains tin

    just 100 usd more to the producer- multipled  by the known confirmed jorc reserve

    and what have you got?

    You have confirmation that that stupid plastic cheap calculator from the 2 dollar shop on your kitchen table isn’t much good for anything needing to calculate anything over 100,000,000 and that you should probably update you device

    carry on

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