AVZ avz minerals limited

KoBold Makes Offer for Congo Lithium as Country Courts US, page-2236

  1. 1,898 Posts.
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    Yeah, and at the time CATH agreed to pay US$240mil for 24% - At a time when lithium prices were booming and there were barely any new mines being comissioned.

    You think AVZ are going to get double that (or even triple that as some claim) with prices in the toilet, the market being saturated for the foreseeable future and in the position they are in? AVZ aren't exactly coming into any deal from a position of strength..

    Don't get me wrong, I wish holders luck in getting a return from this debarcle, but I think setting realistic expectations would be prudent.
 
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