AVZ 0.00% 78.0¢ avz minerals limited

Ann: Update on timing of results from remaining drill holes, page-75

  1. 6,413 Posts.
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    Nice to get an update on what's going on and the results will be staggered, which is good if they are both going to be the highly promising good results that historical data and the first drill results have indicated, means it gives the chances for better and higher value to be achieved shorter term, but a solid base to also build on for longer term value.

    Airguide currently over in China for AVZ engagements and they continue to state that demand for AVZ is massive from multiple parties in China alone and from their statements the indications are clear that AVZ will be sold off to someone at some point.

    Whether that is Huayou Cobalt, who have already invested $13.2m and will likely exercised their options to increase their stake, or one of the number of other Chinese businesses interested such as CATL.

    Airguide public statement on Huayou, in reference to whether Huayou knows more than us everyday folks, answer was no, they just did their research on available data, they also operate Cobalt mines in the DRC.
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    Airguide latest public statements:

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    Meeting with CATL ( I suggest looking up CATL if you don't know them).

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    Lastly Airguide have not been selling, as they continually publicly disclose almost weekly since people continue to ask them, once again stated publicly they haven't been selling and can see a clear path to value creation from AVZ.

    Could not be more clear from Airguide, who are the hired consultants from AVZ, that the end game here is AVZ will be sold off and seems like that will be soon going by Airguides statements (at least by end of year if not sooner, just guessing), question is who will it be and at what price? We all wait to see.  

    Looking forward to those results and further news.
 
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