AVZ 0.00% 18.5¢ avz minerals limited

Running discussion on SP, page-14815

  1. 1,480 Posts.
    lightbulb Created with Sketch. 1266
    Coolgrace
    IMHO your comments demonstrate a lack of understanding of how exploration companies work.
    You said:
    "He has run the company dry...leaving us in a vulnerable financial position."

    This comment is simply outrageous IMHO as ALL exploration companies only have a limited amount of money to work with. So what have AVZ accomplished????
    T
    hey have proven up the largest high quality lithium resource in the world in a very remote and difficult area of the DRC. They have also done this whilst having to use diamond drilling rather than RC drilling because of the difficulty of getting in drill rigs. Having said that the DD rigs and resultant solid cores give a much more accurate drill sampling result.

    All of this was achieved working within the constraints of the limited time available in the dry season.

    If this deposit was in the Pilbara adjacent to PLS the SP would be well north of $1 and BHP would be fighting RIO to develop it....IMHO!!
    We ran out of money. How piss poor is that?​

    We have not got a lot of cash left but the statement: "
    We ran out of money. How piss poor is that?"

    That statement is not factually correct and makes me wonder about your depth of knowledge and understanding of how exploration companies work

    W2
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.