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78.0¢ avz minerals limited

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geo_au

5,848 Posts.

859

07/05/22

08:24

Post #: 61262543
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Originally posted by Mining8: ↑

Stickshift:

More misinforming downramping by you.

It's 51% of the largest lithium resource globally and 3rd largest tin resource globally, and remember the10 Mtpa planned which will be twice the size of PLS's two plants combined . The BFS will be enormous and rock the lithium world especially with the exponential increase in lithium and tin prices since the DFS and an increase in mineable reserves so collectively expect a much higher NPV/IRR and decreased pay back period. Then you conveniently leave out that AVZ are in advanced discussions to obtain another 15% from Cominiere which will bring our stake to 66%.

Either way it is 51% or 66% of the largest lithium resource in the world; the NPV will be enormous! It's like owning 51% or 66% of a Rolls Royce as opposed to 51% or 66% of a clapped out Camry.

AIMO

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.Accounting can be very confusing to those who have no experience in that profession Mining8. I have come to the same conclusion as you and that is AVZ will own 66%. End of story.

Thank you for your input.

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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