AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-53317

  1. 3,076 Posts.
    lightbulb Created with Sketch. 1913
    There is no VWAP setting process in play at the moment from what i can see. Market gyrations in play yes......just the market being a market.....and the pro bigger money exercising a bit of muscle to take advantage of weakness across the sector and take candy from a few retail babies imo. AVZ is a no go zone for foreign take over......especially from China origins either directly or indirectly. The project level is another proposition....however AVZ has majority plus first right options on the DRC 15% extra component. Its up to AVZ BoD to decide what is best at the Project Level for Shareholders ... with shareholder ultimate consent. But i doubt 99.9% that the BoD knowing what they know......and now with the benefit of soon to be seriously cashed up......will entertain any further project dilution given how close we are to FID and ticking off the biggest of all Milestone deriskers.

    On the cusp of being an inevitable Cash Cow. Nige has already planned the future......he has intentions of getting Manono into production and using cashflow for further development of Manono and then diversify into other jurisdictions and commodities...Birth of a new mining powerhouse in progress right now. Nige will hand over the reigns to a mining CEO at the appropriate time and take on an executive director role to pursue growth diversification when the current Manono development is well progressed imo.

    Exciting times AVZ'rs
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.