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OZL oz minerals limited

1.85%

$9.01

AVB valued at 22 cps 2018, page-175

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m0ngy

5,493 Posts.

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12/04/18

11:20

Post #: 32403451
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Originally posted by Starline ↑

Yes but without researching too much I read that Cara will cost $1B to build and it's 500m underground to produce 65,000 tonnes of copper and 67,000 oz of gold. That is a huge cost but PB,Panterra and Centro will produce more than that for way less than half that. Centro will be 100,000 oz plus per year alone without gold credits for PB and Panterra included and we still have AN generating cash. You need and want AVB badly and management knows it.

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That is speculation, what is known is that Antas is hardly profitable and Centro has no licence to mine since was suspended in 2013 when owned by MTC, subsidiary of JAG.

OZL Price at posting: $9.00 Sentiment: Buy Disclosure: Held
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AVB valued at 22 cps 2018, page-175

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