And the main reason for this is that avz are still stuck with the “ wwe want a TO “ stigma , so the market doesn’t believe that this will ever go to mine .
However i think that the TO narrative is slowly disappearing. If Nigel can lock down a decent managing director with solid mining experience then the sentiment will change very fast , they must also lock in some cash from JV or offtakes or whatever way possible , these two points will be a huge turning point if they can be pulled off and the reward will be well worth the wait . The recent carriere results would have got a lot of people’s attention as well and I think will be the start of change in narrative !!!Not only is Roche Dure a world class asset we now have a potentially bigger and better one right beside us ,, what a bargaining chip that will be !!!! It’s going to be an interesting month or two !!!
AVZ Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held