a) They didn't want the market to know the size of this until they had ownership - Then why did management give it up? b) they now want to trash any suggestion that exploration wasn't done - 11 drill holes sunk, at what... say $200/m cost? + assays, maybe a couple of mil.. ? Not exactly overwhelming... And I'm pretty sure there is plenty of historical drilling done by the belgians with details on spodumene content. c) they now want to seek a big payout for anyone who wants to buy the northern area, as previously alluded to any deal on the north will have benefits paid to AVZ; this is the foundation for that benefit - Again, why did management give it up for free then?
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Not Held