AVZ avz minerals limited

Yibin Tianyi, page-35

  1. 1,067 Posts.
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    "it’s worth discussing as Yibin are tied to Avz and PLS, nobody’s cross promoting. Also if yibin have penned a deal with PLS surely this tells you that once Firb gets approved that they will have an offtake with Avz as well ( or else why bother with a strategic placement )?

    That is a good question. Why is FIRB delaying and yet PLS get a deal with Yibin ahead of AVZ.

    Several options there

    1. Yibin used AVZ and PLS as a bartering tool while negotiating an outcome for AVZ, PLS or both. If for PLS advantage then Yibin would have used AVZ as a counter-argument to knock down whatever demands PLS were after. It is strange that AVZ were advertising Yibin deal all the while Yibin secretly stowed away a deal with PLS which sees an existing supplier already open for trade to supply Yibin. Did Nigel know Yibin was negotiating with PLS?
    So now that PLS HAVE THE DEAL what will happen to AVZ?
    Will the AVZ/Yibin deal go ahead OR will AVZ deal fall through and then AVZ will have to pay the convertible debt + 10%?
    No deal for AVZ. Means massive Capital Raise and further dilution to the number of shares on market.

    2. AVZ gets a deal but delayed indefinitely while coronavirus is around and the sharemarket fails?

    3. AVZ gets a deal. (I'd say unlikely now.)

 
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