I completely agree. Clear message today. I'm much less anxious...

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greenmetals

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12/10/17

19:12

Post #: 27865029
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Originally posted by Wombat2 ↑

Hi Concerned Citizen
Thanks mate for a really informative detailed post on the meeting . Thanks also to pucklechudding for his contribution as well.

Well folks this is really getting interesting and it sounds like AVZ management are going about this in a very orderly professional manner.

It will also send a clear message that the company is serious about proving up the value of the Manono deposit and I really like the fact that they are sending in 3 Diamond Drills and only 1 RC drill. Most exploration companies do it on the cheap and would send in 3 RC drills and 1 DD if you are lucky. Having DD cores means there will be more accuracy and confidence in the drilling results.

This is the kind of message that the company should send to potential suitors and that is AVZ is getting onto the front foot and projecting an overwhelming confidence in proving up a gigantic resource and reserve at Roche Dure.

Naturally this will change the time frame expectations for many punters on AVZ (unless a TO offer suddenly lobs) but in many ways it would be nice to sit back and wait for the next 6 months to pass and see that first JORC calculation. It should be a monster!! ......and we still have the three other pegmatites to drill.

A SP of 50c may be far too little in 6 months time if the results achieved are close to Nigel's expectations.

It's all good IMHO.
Cheers W2

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I completely agree. Clear message today. I'm much less anxious about a cheap deal now.

Drill this beauty and sell it for a premium. It deserves nothing more than a stellar premium takeover price.

AVZ Price at posting: 12.5¢ Sentiment: None Disclosure: Held
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I completely agree. Clear message today. I'm much less anxious...

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