AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-7864

  1. 4,620 Posts.
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    Have you all looked at the latest cashflow report?

    cash equivalents at end of period $2.164M
    Total estimated cash outflows $2M

    By the looks of it they will have just enough cash to make it through the quarter and that’s if there isn’t any cost blow outs. I’m tipping a CR before the end of March, otherwise TSC might get hit with a please explain from the ASX (Appendix 5B Query)

    If the SP could creep up to say 15c by end of March TSC may be able to raise some cash without adding too many shares to an already high SOI!

    This could be a good entry point??

    GLTA!!
    Last edited by Mav01: 21/02/20
 
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