Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Ann: Update on timing of results from remaining drill holes, page-79

First 79 Last

Share
Profile

Follow
happyonlithium

2,180 Posts.

1

05/09/17

20:00

Post #: 27016752
Share

Originally posted by FiendishRedbeard ↑

Seen this posted a few times in different ways that AVZ will be sold off to the highest bidder. Although I don't disagree the reality is the location and register makes achieving a competitive full or thumping TO is unlikely.

No western mining company will bid imo and glencore has its hands full with production assets (also competion reg may get in the way). The great hope is China however Chinese entities do not bid against themselves for listed assets, at least publicly.

Comes down to management to achieve something palatable and also forcing the issue by racing as fast as they can towards production at the same time as progressing possible corporate transactions.

Expand

What you say is highly probable but I think Klaus left the door open enough if Huayou don't play ball IMO.

Having said that, Klaus can't stop the SP hitting 50c.
So I think the faster the SP ramps up the quicker a deal will be made.

Still exciting!

AVZ Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
28 Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

RBA holds rates as ALP election campaigning kicks off – expect more political focus

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

First 79 Last

Add AVZ (ASX) to my watchlist