AVZ 0.00% 78.0¢ avz minerals limited

This is the conclusion of the report. Can you read?CONCLUSIONWe...

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    This is the conclusion of the report. Can you read?

    CONCLUSION
    We view the signing of the ministerial decree to award the Mining License for the
    Manono Project as a major milestone for AVZ and its shareholders and partners.
    With the ministerial decree, AVZ will be able to complete TIA with strategic
    investor and partner CATH to accelerate construction and meet its target of first
    production in late 2023. We view the claims challenging ownership interests as a
    distraction and expect them to be resolved in the near-term with no negative
    impact to AVZ
    . As such, we view the recent sell-off in the stock as a buying
    opportunity: We maintain our Speculative Buy rating and $1.00 target price.
 
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Currently unlisted public company.

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