AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-47059

  1. 817 Posts.
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    I didn't miss any of the positive @tendoji, I could give you a three page essay on those as well as anyone.
    My commentary was based around the fact that this cap raise just unnecessarily added more shares to the bloated register than many asx listed companies have as total soi.
    Some holders seem to be willing to pull the wool over their own eyes just because the sp went up a pip. Imagine how it might have soared if the capital had been raised without further dilution or with a strategic partner on board along with funds for the entirety of the equity component etc etc.
    I hear what you are saying and sure it could be worse but it could have been a lot better.
    While I still believe management might get us there in the end and hence why I am still around, increasingly I don't believe they will be taking anywhere near the optimum route to production as they keep demonstrating time and again in a multitude of different ways. Every indication suggests retail holders will be repeatedly trod on and deceived en route.
    Now that is a tad annoying I'll admit because the resource dictates to continue buying but the management dictates extreme caution imo.
    But whatever, we'll see what happens. It would have been nice to have 100% confidence by now and I had expected as such but it just still isn't to be and hence some frustration.
    Maybe they still will pull this rabbit out of the hat and get us to a comfortable place.
    We'll continue walking the tightrope in the wind in the meantime.
 
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