Running discussion on SP, page-73747

not immediately but yes, AVZ is worth more than PLS closer to production.

We are talking about a funded shovel ready mine here, thats 75% valuation with the mining license and other political uncertainties taken out

So how does AVZ look with a funded ready to construct mine producing in 2023 (bit optimistic)

Asx resource size
$LTR [email protected]%
$PLS [email protected]%
$WES [email protected]
$AVZ [email protected]
$MIN [email protected]
$LLL [email protected]
#GL1 [email protected]
#GT1 [email protected]
$CXO [email protected]
$ESS [email protected]
$EUR 9.7Mt@1
$AKE [email protected]
$SYA [email protected]

Better grade and bigger resource than PLS, PLUS tin credits...

AVZ is a bigger company in 2-3 years... At 2.7b and .78 thats 11b and $3.25 once the dust settles against PLS valuation (i.e. 75% of PLS even though AVZ is bigger but discounted given its not in production)

Now add special economic zones, premiums for US supply , more resource upside and we are talking ALB / SQM terrotority (i.e. 30b)

Add to that a rotation out of the big players into the mid and we see a faster uptake to $3.25. I know i am rotating out of PLS and AKE and i expect alot of folk are looking for higher rewards now

takeover at $2 - no way - Open at $2 - Sure.. Takeover much much higher if ever.. nigel has 50m reasons not to accept a takeover