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78.0¢ avz minerals limited

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14/05/18

22:40

Post #: 33090187
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Originally posted by ericson ↑

Brilliantly reasoned, pertinent and balanced post, as ever.
Yes, you could be right and if so there is a risk to the Chinese not going for a TO before full JORC as the detail may exceed all expectations and require an even greater post JORC TO price. As I've always said, if we at AVZ can be patient, time and more importantly ownership is on our side. Can anyone imagine this being left in the ground in the long run once the JORC shows how massive it is in terms of Li, Sn etc and so easy to mine.

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I’d almost bet my left one that AVZ aren’t allowed to strike a T/O deal pre JORC....Huayou have paid 15 million for a JORC and have a member on the board. They will want to get what they paid for before agreeing to any T/O offers.

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AVZ Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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