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0.00% 18.5¢ avz minerals limited

VWAP - Tip comp !, page-101

  1. Kikker1959
    4,266 Posts.
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    21/02/19
    10:47
    Post #: 37512489
    Obe the issue is getting it out and on a ship. It does not matter how much is in the ground. the size of the mine and shipping all year round is what matters. (having a resource 10 times bigger only has an impact if your mine is 10 times bigger . As long as the market thinks there is oversupply already this wont be developed, hence the MC of $100m. AIMO.
    AVZ Price at posting: 4.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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