AVZ avz minerals limited

NF interview podcast April, page-38

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    Here’s my view. NF has been more of a gate keeper to AVZ and stayed with the sole objective of realising a SP more in tune with 50c estimates than 9-18c ranges . What you’ve seen is this role being played out and nothing else. He could walk away at any time and sellout cheaply or give the reins to a seasoned mining chairman who thinks 15c is good from where we are now . AG agree on these valuations but as the power and influence of the mighty circling parties have led to stormy seas for all , AG and NF have not always agreed on methods and tactics even though they do on final objectives in SP valuation. I think you’ll see the two coming together again over the next few months especially as Li sentiment strengthens .

    My interpretation is that we have a very feisty leadership well capable of keeping the gate against huge armies and in this respect I am more than comfortable: late news or delayed milestones is all part of this reality.

    If you are looking to maximise the final SP of AVZ be careful what you wish for. To those that rush in and say what has AG and NF achieved, I will say nothing that we can see but I’m glad they are keeping gate as I know what value they place on Avz and will fight to the bitter end to achieve it.

    AIMHO
 
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