AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-43106

  1. 817 Posts.
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    Since it's time to start piling it on again.
    I'd wager management expected to be at a higher market cap by now after execution of a further three offtake agreements and umpteen other price sensitive announcements. Unless they can push through PLS OT's or the SEZ or both any cap raise could be sub 20c imo and may still be regardless. Unless it's delayed substantially along with a few other items of course.
    Without knowing the details it seems like a balance of starting construction on schedule and minimising the dilution required to get started. The construction schedule could easily be pushed back months or even years depending on how far our key milestones are blown out, feels like a critical time to me.
    I'd not like to see a repeat of the imminent tin offtake scenario on multiple important items dragging out for the next 12+ months. All the while with the vampire squids sucking the guts out of our hopes and dreams, creating a ruinous bloody mess of destruction. Management with their snouts in the trough devouring more free shares and living the dream on their bloated salaries whilst patting their bellies with laughter and diluting our shares to a fraction of their worth. Throw in sp consolidation to rope in some new suckers at better value and drag this all out until we're all mentally ruined and destitute.
    Shame the roadshow seems to be getting cancelled all over the place, hopefully at least the Perth one might still go ahead and shed some light on the real situation.
    Better still just start dumping major news on us this week. Don't want to know about trivial bs unless it's accompanied by major items, that stuff can come after the market knows we'll be going mining when it may actually have some impact on share price. Imo.
    On a more positive note, most likely the situation is not so dire as all that. But hell bring on some progress!
    I know patience is a virtue but this 18.5-19c stalemate is getting pretty old. rolleyes.png
 
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