Great post and so on the mark,perhaps you drink the same lithium infused Kool-Aid as me! The quarterly readoresomely technically well to me, drilling and assaying costs monies, resultingin the largest undeveloped high-grade spodumene deposit in the World – a trueTier 1 sought after asset.
I anticipate that Hauyou or non todistant entities to them will take some of or indeed all of the $5-10M Top-Upplacement via the Paterson Curse. Averaging down is a good thing for some, thenHauyou will convert all of their 10c options in mid-April. Hauyou will then bein a strategically sound position to be in from then on, China Inc has manyfingers in the pie. Well played I say and still an earn for others. Time willtell all …
In addition, contrary to what some awipes or non Kool-Aid drinkers have been suggesting, AVZ will not be out ofmoney within three months if only the minimum fully underwritten $5M is raisedand Patersons are not getting $1M of that minimum $5M, but may garnish thatprincely sum if $15M is raised. The Appendix 5B estimated cash outflow of $4.3Mis based on raising $15M and will be scaled down accordingly if that amount isnot raised. Not hard to research that fact:
Go figure and let the haters hate,jilters jilt etc if that’s the way they swing … may they also have success anda win. Bye …
……………………………………………………………………………………………………………
“AVZ intends to movestraight into a feasibility study after delivering the results of the scopingstudy and it is evident that Chinese interests will feature heavily in fundingand offtake discussions”, *, 11th September2018
AVZ Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
