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

AVZ

0.00%

78.0¢ avz minerals limited

Valuation and Developments, page-32

First 32 Last

Share
Profile

Follow
Megagem

4,417 Posts.

143

12/10/17

19:29

Post #: 27865377
Share

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

Expand

Best post I have read on this stock.
Nailed it Wombat2!

AVZ Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BUX

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

There are more pages in this discussion • 166 more messages in this thread...

First 32 Last

Add AVZ (ASX) to my watchlist

Valuation and Developments, page-32

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Featured News