AVZ 0.00% 78.0¢ avz minerals limited

Ann: Extension to Voluntary Suspension, page-52

  1. 55 Posts.
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    Bonjour les amis,
    At this point, even a 10 years old would see that the cookie jar is empty. The management team keeps on delaying the inevitable downfall of the share price. Here are some reasons why they should resume trading:
    1. Any long term investor should see how their stock performs during an economic crisis. It allows you to take the necessary measures to avoid irretrievable losses for the next crisis.
    2. If the faith you have on the Manono project is strong, then a 40% drop should allow you to add more shares in your portofolio and increase your future gains. You can only do that during a bear market. Those who bought at 1.20 should have the right to lower their average cost, and that include the institutions (who own the majority of the shares).
    3. The above-mentioned institutions do not spend time chilling on the internet, they manage millions of dollars that are supposed to generate profit on a daily basis. They don't have time to be lenient toward the management team. Contrary to you, they did not put their entire life savings in this stock. The Gordon Gekko who convinced his boss to invest 2 millions at 0.90$ is already looking bad after a 2 months suspension. He can't wait to hit the sell button.
    4. Dathcom is an exploration company. It does not have a mining licence, and the DRC government is not obligated to grant them one. As a congolese I think it would be in our best interest to pull away from Dathcom and all the shady deals that lead to the problems we have today. We'll find another partner. You are welcome to sell your AVZ shares and invest in that new partner when the time comes. Do not get emotionally attached to a stock. It's only money.
 
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