AVZ 0.00% 78.0¢ avz minerals limited

Ann: Ministerial Decree Received to Award the Mining Licence, page-472

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  1. 313 Posts.
    lightbulb Created with Sketch. 99
    I am a little bit confused. The best outcome is:
    AVZ 66% + CATH 24% + DRC 10%.

    Let’s think and plan for the possible bad scenarios:
    (1) AVZ 51% + DRC 10% + CATH 24% + Jin Cheng 15%.
    (2) AVZ 36% + DRC 25% + CATH 24% + Jin Cheng 15%.

    IMO, Not too bad if this is option 1, 51% of the ownership.
    In fact, my expectation was just 51%. I never thought AVZ could hold 66%, based on my business experience with African people.
    But 66%, I reckon if it is true, will be a bonus to me and beyond my expectations.
    However, if it is option 2, I will be out immediately to secure a profit.
 
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