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adam a

14,515 Posts.

1247

27/04/21

16:29

Post #: 52756499
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Originally posted by ericson ↑

Ad lad let’s put this one to bed shall we. if NF hasn’t got a CR plan then I’d be worried . If he executes it for 10-15m to buy us another 9 months then dilution is a few %. Chicken feed.

I understand that fear , frustration , impatience grows when we have quiet , perceived delays , low volume , price slip , bots ... posters like Ad.

I believe NF when he says we have 80% funding . I believe that Felix is his own man and will know that going forward the Chinese can’t have everything but will be a big trading partner that has to be respected . I also believe that felix has to get fair share of resources / profit for DRC and he must halt the giveaway days of cheap resources under an underella of corruption we have seen in the past . I also believe that as the AU leader as well he knows he has to continue with his strength of character ( becoming an historic figure) and open DRC to a variety of global partners and not just the old ones . He has copper and cobalt well offered to the old entrenched partners but knows he can’t give li to China as well . But he is under big presssure to do so and Europe /USA / aus etc need to help their companies get at the lithium themselves . We may need a CR so these finally hear the bugle. Typical .

If NF and Felix have to relent them expect the SP to rise quickly but not by so much as if they are supported to hold strong .

in all I see this as a banker . It really is when and by how much . It seems that the formula is straightforward ... want keep profit then hope for capitulation ... want bigger long returns then hope for non Chinese entities to get off their ass and support Felix in keeping all the li from Chinese .

Confucius likes plain talking and expression of possibilities .

GLTA

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Were you a holder when Nigel did his infamous 0.04s cap raise?
He practically admitted he was outplayed
Read my lips no cap raise needed LOL

I don’t like my management team learning on the run
Guess us shareholders will find out soon enough

Circling the wagons with a meet and great for largish holders throughout Australia didn’t bode well imho

No mater how nice it feels for those holders

AVZ Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
7 Upvote

2 Great analysis

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