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661 Posts.
752
14/03/19
01:40
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it makes NO sense.
given
the acquisition of the tailings (from manono) at lith grad 0.5-1% (100mt) was worth double avz's market current cap.
AVZ only has 20 times more, and double the grade. Aka 40 time more contained lithium.
at 60% ownership avz should be worth 1.8B at the same valuation of tailing acquisition.
sub 100m just seems ludicrous, NPV from DFS will be so astronomically out of proportion to current MC that it will need to move the needle.
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