AVZ 0.00% 18.5¢ avz minerals limited

OK, Here is a comparison of 2 different companies. I'm not...

  1. 1,567 Posts.
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    OK, Here is a comparison of 2 different companies. I'm not making aspersions to either side. But look at the economic factors in play. AVZ is just so overwhelmingly undervalued as a resource.

    PLS 52.2Mt @ 1.3% Li2O containing 668,000 tonnes Li2O, and including 32.9 million tonnes of Ta2O5 @ 0.022% containing 15.7 M lbs Ta2O5

    • 83 holes for 10800m by 27th November 2015 MC was $195 million

    PLS reported, in Beer & Co presentation, of prices up to US$ 450/t for low Fe, 6% Li2O, concentrate for chemical or battery grade, and higher prices for very low Fe concentrate for industrial (glass or ceramic) applications.

    http://www.pilbaraminerals.com.au/site/PDF/1091_0/BeerampCoResearchReport06102015
    PLS reported, in presentations, of prices up to US$ 450/t for low Fe, 6% Li2O, concentrate for chemical or battery grade, and higher prices for very low Fe concentrate for industrial (glass or ceramic) applications.

    So 52.2Mt @1.3% Li2O at <$450/t and a MC of $195million 30/11/2015
    AVZ 400.4Mt  @1.66% Lithium >$650/t and a MC of $100.46m 8/03/2019

    I haven't mentioned tin either.
    Market is crazy at times and just doesn't add up
 
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Currently unlisted public company.

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