AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-412

  1. 1,024 Posts.
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    There's just no way in my view that this is Total like you are suggesting. I mean I like the research, but having worked with them before, a behemoth like Total don't typically play tiny games like jumping in on a small-fry capital raise. If Total wanted in on this project they would either seek a straight takeover, or would stump up the 150mil equity placement and enter into a JV - with a view at taking the driver seat ASAP. I guess this entrance could be a precursor to either of those, but I just don't see it Blue. Would be happy to be wrong, however, as Total know how to get things done in Africa. Looking forward as you no doubt are to learning who these players are! Lets hope you're right and that its a big, established mining/energy industry player seeking a position ahead of a bigger JV play.
    Last edited by Roon-Aus: 03/07/21
 
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