AVZ 0.00% 78.0¢ avz minerals limited

Ann: Primary Lithium Sulphate Metallurgical Test Work Results, page-178

  1. R22
    261 Posts.
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    In all seriousness, can someone explain how they plan to finance this.

    Banks 1st thing they'll look for is what price the DFS SC6 was based on. What? 50% more than the current price, no problems we'll give you $500m.

    Issue more shares? You already have close to 3 billion on issue.

    Partner? you only own 60% as it is, control would go to your Chinese partner.

    You can't do anything without finance.

    Just ask Sundance who recently lost all their Congo assets to a Chinese entrant.
 
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