AVZ Minerals Limited (ASX:AVZ)
Medium Term Share Price Target $0.16 cents
Action and Recommendation
RM Research received a payment for the compilation and distribution of this research report.
- Our near term price target of 10 cents still puts AVZ at an 85% discount to attributable after tax NPV10 of A$1.54bn based on a 5mtps operation. RMR is showing upside to 16 cents post DFS and 36 cents at production on a range of reasonable assumptions.
Full Report.
http://www.rmresearch.com.au/wp-content/uploads/2019/05/RMResearch_AVZ_20190528.pdf
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MAGNUM MINING AND EXPLORATION LIMITED
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