AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to raise $15 million to fund further work at Manono, page-216

  1. 1,682 Posts.
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    It is not significant discount... firstly we all were expected CR to inso by a permimum. We need to ask what was the price of the share when fhey signed the deal. Secondly, most of CR deal in any form is roughly with 10 to 15% discount.....

    Considering the reseaon of the CR, which is for stage 2 drilling, this sell down is a manipulation and uneducated emotional sell.... we know the next 7drilling results can bring share price 30c+ as it did in he last results.....

    Mid-term that was required any how considering the mining scenario, however so many of short term holders are hers for a quick TO scenario. TO in a good offer is my favorite as well, but I think he true value of AVZ will shine in next 6 months when it is JORCed and has defined its mining partner defined.....
 
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