Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

This company wants to mine in the DRC, page-79

First 79 Last

Share
Profile

Follow
h00ts

46,580 Posts.

8720

09/05/24

10:48

Post #: 73741842
Share

Originally posted by stockinvests ↑

Azzler, SY and others.

My thinking here is that to date, the government have done SFA to indicate anything other than head in the sand syndrome.

Talk of a takeover from anyone other than the Chinese is fanciful, IMO.

What country outside of China would come anywhere near this mess?

Many LTH bought in at under 40c, many under 10c.

I guarantee an offer of around 80 to 90 cents, will be met with resounding approval. I realise there'd be many holders who'd lose money. Not everyone can be a winner unfortunately.

But, getting a return of 90c means even those who bought in on the ATH, are getting back over 60% of their investment.

I reckon that's better than 5 more years of court cases, and zero return.

Good luck, everyone.

Expand

If by some miracle the BOD can get an offer of 90c to buy the asset similar to LLL I expect you are correct that they would indeed recommend shareholders take it and would put it to a shareholder vote - how that would play out as an unlisted company without ASX oversight I have no idea ?

Last edited by h00ts: 09/05/24

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

1 Great analysis

Reply

Top Stories

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

There are more pages in this discussion • 37 more messages in this thread...

First 79 Last

Add AVZ (ASX) to my watchlist