Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Running discussion on SP, page-8487

First 8487 Last

Share
Profile

Follow
deedee33

1,947 Posts.

1011

21/07/18

14:01

Post #: 34494372
Share

Originally posted by sharesmoney ↑

Scarpa,

I have been wondering if it is possible

As someone mentioned that if 1 tonne is earning hypothetically $50 and according to co. we may have 1 to 1.2 billion tonnes that makes it $50 billion profit over the coming xx years ...

Now Chinese have the experience/tools/money/relations in DRC and all

Once they are comfortable about the tonnage and scoping study

what will be stopping them to pay 50c almost less than 1 billion and own it all they way and then develop at it and control/confirm they have what they need i.e. Lithium.

Expand

It's important to note if they did that, they would own only just over half the project. As we have a 60% stake in this particular project.

AVZ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 75,693 more messages in this thread...

First 8487 Last

Add AVZ (ASX) to my watchlist