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is that it?, page-16

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yakka1980

380 Posts.

356

01/03/19

22:47

Post #: 37627422
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Originally posted by mboose: ↑

D’s260:
it is hard to identify many positives from this AVQ. announcement except the obvious ONE. That is that AVQ has a stay of execution till at least the cap raising is executed.
Depending on that cap raising outcome AVQ’s future is very much a worrying unknown.
The PAST cap raisings AVQ has predominantly HAD TO RELY ON to stay afloat have been last choice options on offer in the finance sector.
The markets did not like those cap raisings.
The stock market does does not like the AVQ story.
Cornerstone investment houses don’t like the AVQ story.
Convertable notes are far from ideal or serious finance arrangements under the circumstances that AVQ entered into them. In fact they are considered last choice deals in most cases.
The earlier 2015 Offtake Agreement was nothing more than a short term funding prop and PR PROMO to keep the company afloat.
Todays offtake agreement if it comes to fruition
is again a last choice option for AVQ. The real winner here (should a deal be struck in 3 months ) would be the middle man offering this short term funding/brokering service for any ore produced.
Lots if’s, buts and maybe’s....... but hard to see any positives other than management may well see enough capital raised to cover their wages and fees all imo.

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So you see no positives for axiom at all? Come on!

AVQ Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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is that it?, page-16

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