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78.0¢ avz minerals limited

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Dom74

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12/06/18

14:51

Post #: 33654796
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Originally posted by Kikker1959 ↑

I do like to put into the mix that its NOT all about the resource size. Its also about logistics and location that determines the viability of a project and ultimately the success of a company. Plenty of resource minerals in the South Pole, but getting it to market is a different story entirely. Look at TAW, small resource but the company is valued higher than AVZ. Why? Its producing and in Aust. If this company was located in the DRC it would have never come of the ground IMO, as the location made it uncommercial.
So, yes AVZ is huge, but that does not necessarily translate into a commercial success IMO.

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Belgians did it for 70 years exporting tin....must have been commercial for them.
Huayou have a number of mines in the DRC....must be commercial for them also.

AVZ Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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