Hi Sunnydayz,
Incorrect, have a look at the T & C. Watch the sp jump on SKI commitment. NAIF in the 5 stage of DD.
Better we take this to the AUZ thread.
Need to take all in prospective.
AVQ is a simple DSO, small CAPEX small revenue but IRR, ROI could be quite attractive to sher's with SOI around 1bn.
AUZ complete end battery grade sulphides, 3 high demand commodities, high CAPEX, huge revenue with huge exploration potential and multiply big resource leases. NPV of 1.3bn with optimisation up to 2.6bn shown by latest assays from infill program. I expect around 4bn SOI at production which in retrospecte is sustainable with this high end operation.
Anyone can see where AUZ is heading but with AVQ the technicals are lacking and the market is in the unknown zone. Bringing K into the equation and grade and quantum with technicals are added, then I might change my sentiment from non to hold.
cheers and GL
AVQ Price at posting:
9.5¢ Sentiment: None Disclosure: Held