Guys, the last few cr's I have been involved with, have retraced to the cr issue price or a bit lower. Some have recovered, while others have been stuck in the doldrums.
AVZ, recently, rarely climbs on good announcements and I'm afraid the only way is down to around 13 from here. The insto's hold some and trade some, and those that purely hold lend their shares to short. If they have bought at 13, they're usually happy to trade for a couple of pips. Without catalysts, we will drop.
The good news is the mining license must be imminent, and with that, sez and environmentals getting sorted, we will be funded, with all our ducks in a row.
With that derisking, we should start to see the value in the the sp. So if you are a believer, patience, fortitude and belief is required. And if nigel can pull this off, it could be huge. The resource certainly is....
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