You do know you are suggesting they could buy a mine (PLS) for a certain figure. Do you not realise that the mine you saying they could buy is:
- Not profitable
- Can't produce at anywhere near DFS cost estimates
- Huge sovereign risk with the current government attitude towards china
- $140million of debt and no end in sight to the losses sustained given current spodumene prices
- Management taking a "paycut" by gifting themselves more free shares
- Resource up to 6x smaller than AVZ
- Forums
- ASX - By Stock
- AVZ
- Running discussion on SP
Running discussion on SP, page-28499
-
-
- There are more pages in this discussion • 54,381 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online