AVZ 0.00% 18.5¢ avz minerals limited

Positives to look forward to next 3 months, page-130

  1. 1,223 Posts.
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    @stakx , The asset has no value - until there is financing that will prove it will be dug up, processed and then sold at a profit. That's why the SP is where it is.

    We need financing to be announced, if its announced, for the "value" of the asset to be reflected in the share price. Which will most likely be after DFS. At the moment, the market is treating Manono as if its a stranded asset.... which it kind of is until proven otherwise.

    The biggest announcements we will get is firstly the DFS which will have an economical route to port (hopefully). And then Financing.... When financing is announced the SP will fly.
    I would be very surprised if the SP moves significantly north on any news other than that..

    All in my honest opinion




    Last edited by Chair-Face: 26/03/19
 
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