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78.0¢ avz minerals limited

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Revali

447 Posts.

179

26/08/21

21:32

Post #: 55607413
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Originally posted by chb: ↑

Funding at end of 2022 would be a huge slap in the face for all shareholders and likely mean that we backed the wrong horse (in the sense that we could have invested elsewhere for a couple years, made profit, then come back).

I personally think and expect it all to be done and dusted by end of this year. They've had over a year to negotiate and find funding.I think it would be poor of management if they haven't worked through different funding options with financiers by this stage and have it 90% ready for when all mining approvals come through. I'd like them to work through what all the figures would look like if SEZ didn't happen vs happening and have everything almost good to go.

In the back of my head i do worry that management haven't done all their homework with understanding all the pre-requisites required from financiers which will set us back a few more months but that's just me being paranoid based on history.

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Wow I actually somehow skimmed over that paragraph. Na funding is almost certainly happening in Q4 this year. All very near term I reckon.
They clearly don't really follow the company. I just posted this as it gives some insight into how some people view the stock, and just to leave here for others to scrutinize if they wish.

AVZ Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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