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78.0¢ avz minerals limited

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Roller62

8,980 Posts.

2107

19/11/22

12:14

Post #: 64870102
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Originally posted by JM12: ↑

scarpa certainly has great knowledge and I also appreciate his input. on the other hand he has a very technical view of things and one needs to form their own decisions. Back in the early days of LTR, scarpa was quite negative on the outlook for ltr due to technical mining challenges for this mine and the quality of the resource, he always said it would be mined but certainly painted a negative view of it relative to the quality of the resource at manono. I think his view was correct but the point is the market didnt see it like that and since then sp has gone from sub 10c to $2. point being no one knows everything and a caution not to blindly follow others views as even the best of them get it wrong when it comes to share price projections. I can think of plenty of other examples where experts have a view but it doesnt play out like that. we all need to form a view and take ownership of our own decisions. I personally believe based on discussions recently that ml is imminent and once the initial drop is done, price will steadily rise.

again though, no offence to scarpa intended at all. his input is awesome.

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They haven't attempted to mine it yet

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