Running discussion on SP, page-35293

I was wondering who bought yesterday. I assume it was you unless you deny it Freehold.

You have made bullish comments about AVZ a number of times in the past, and the SP has fallen afterwards.

Sector sentiment helps but don’t forget that each day going forward without news is another day Nigel & Co have not delivered on offtake.

End of year holidays. Then in Jan the Chinese holidays. Company comments at the agm that they need a few months of traction in order for offtake negotiations to prove fruitful.

Leonard didn’t say no to the cap raise question.

Ramping and calling for 10.5c on sector sentiment alone is a bit rich when you have been making bullish comments over the past 2-3 years.