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wombat74

4,520 Posts.

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21/05/21

19:13

Post #: 53341061
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Originally posted by GARETH78 ↑

The first Offtake moved the SP as it told the market that the potential customers were taking AVZ seriously.

The next 2, without even a token bit of coin on the table can almost be seen as blocking offtakes by the Chinese.

How hard and how costly would $5m be for Yibin? Niet, Zip, Zilch, Zero.

Market was not happy. I’m not happy either. No real commitment, paper deals are meaningless, try holding a Chinese company to account !

The SEZ MOU is well over 12 months old, if it goes ahead it’s hardly going to move the SP unless they make enormous tax concessions.

Big Tax concessions to an Aus company by a nation that Is one of the poorest on the planet? Mmmm. Felix has given the hints in this area. Everything needs to be fair.

All concessions will come with conditions.

As for mining licence, let’s face it if they announce issues or no go the SP will tank.

Built in? you bet

Don’t be fooled by rollers graph, I have already shown it’s trash.

IMO

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It could be until AVZ has sorted the transport through neighbouring countries and construction has started on the mine , sorted out if they can increase their percentage of ownership , that the SP shows some love . If after ticking the SEZ/ML/FID / Increased Resource boxes the SP has not put on close to 100% from todays price I will be p1ssed off , as will I'm sure many others . We were 23cents only weeks ago for criissss sakes . No excuses .IMO

AVZ Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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