AVZ 0.00% 18.5¢ avz minerals limited

okay, if that was your angle I'm following but I still don't...

  1. 661 Posts.
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    okay, if that was your angle I'm following but I still don't agree.

    CLA went down 60% because it was determine that they would not proceed with the flagship project due to being uneconomical at current cobalt levels.

    Cobalt across the board has had a big realty check as it is increasingly evident as to why the DRC is responsible for 60% of supply globally. namely being its high grade and low opex operations.

    Therefore I don't think CLA is any comparison to AVZ unless inferring that if the deposit was determine uneconomical mine if would result in a shareprice decrease. which seems fairly intuitive for any resource company... ever.

    I could make a similar comparison to NZC which operates in the DRC and received a takeover offer at a premium by a Chinese affiliation. (ironically huayou own a stake in this co too). But it doesn't really paint a solid story.

    next 6 months is about 4 things IMO
    -management appointments
    -studies and DFS (firming transport)
    -huayou's move in April re option expiry (not much incentive to exercise I'll admit so massive positive if they do, s/p priced in that they won't)
    -offtake/funding

    SF2TH
 
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Currently unlisted public company.

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