AVZ 0.00% 78.0¢ avz minerals limited

Ann: Response to ASX Price Query, page-206

  1. 2,636 Posts.
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    That’s fair enough, there have been many who have held, traded to profit on the back of AVZ. The unfortunate fact is that after the $$ were made, said ex holders came back to life with agitating posts ramping content of concern on issues that were relevant when they held, very poor form.

    Everyone is entitled to opinion, I remember from a previous post from a holder attending the AGM (back in Dec ??) that in verbal discussion, Nigel Ferguson hinted at his “speculated” valuation of circa 70c a share.... I hold value in Management estimates if correct as they run the show. A few more shares have been issued since then, increasing dilution, but our resource size itself will now, as speculated by Coy, exceed original estimates by a large factor ..... Current drilling & JORC will reveal all and what someone is willing to pay for control of what will be a multiple Tier 1 resource (Li , Sn & Ta) I believe no one can accurately gauge yet, but again, I expect & would bet that Nigel knows more than us “laymen” .
    Last edited by Daripper: 01/04/18
 
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