AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ hits 282.95m of spodumene bearing pegmatite at Manono, page-104

  1. 2,578 Posts.
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    I agree that cap raising can be quickly sold off as a quick as the investment happened, but in this case I hope its a no, because too much news is to come to the market in the next few months so i don't think they will sell yet.

    Today's ANN was price sensitive, but was similar drill than the last hence lack of movement with the negative sentiment in the market I did not expect much more without assays results, as they say time will tell, still a huge resource, but digging it out and bring back to market is becoming more of a question to me, maybe i need to do more research on the logistics.

    If the Chinese and Klaus still are thinking of a take over I reckon the Chinese will hit them with a 500mil USD offer so a market cap of 600-650Mil AUD will be where they will try and cap it to at the end of the drilling program. Definitely worth more but I can't see any other country mining there.
    Last edited by selfmaderiches: 06/03/18
 
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