AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-28493

  1. 2,362 Posts.
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    Don't worry.....a little patience now....expecting an offtake/funding announcement soon....AVZ's high quality and largest resource will fit perfectly for Yibin Tianyi's(CATL) expansion plans of 100,000 tpa of hydroxide(MEGA!), and I am sure there are other interested parties.

    According to Managing Director, Nigel Ferguson:

    “This week’s release of our highly positive Definitive Feasibility Study has
    generated significant interest from a wide range of investors and potential
    financiers
    , and I am confident we will secure the necessary short term funding as
    well as longer-term debt and equity finance
    on highly competitive terms.”

    Note: highly competitive terms....This tells me that the financial case of the DFS is very compelling meaning that offtakers/funders will want to see AVZ get up and running ASAP so interest rates will likely be competitive to the mutual benefit of both parties.

    Non-Executive Director John Clarke did not buy 1,000,000($63,000) shares of AVZ at 6.3c for nothing. wink.png

    AIMO
    Last edited by Mining8: 07/05/20
 
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