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78.0¢ avz minerals limited

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Obe wan

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31/10/21

14:59

Post #: 57212157
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Originally posted by donegaldemon: ↑

From the announcement on 27/9/2021

"AVZ holds a 75% interest in the Manono Project and pre-emptive rights over the remaining equity interest in the project, excluding the DRC Government’s 10% share." so AVZ have first right of refusal ? with most of the leg work done to date by management one could assume that we are in pole position for the extra 15%
I have a sneaking suspicion that this will be on the cards shortly after mining license , or maybe even before ,,i cant see Cominere wanting to stump up x amount of millions for their share of the Capex ,, question is how much are we gonna pay ?? theoretically its worth 150 million , can AVZ organize a buy now pay later type of deal , i.e once production begins ? , also now that CATH have some serious skin in the game i reckon it wont be much of an issue raising that kind of money via debt . in todays world its chump change .
At some point in the not too distant future this ML has to be granted , and once it is , AVZ will pop , we will be completely derisked , and no longer a spec exploration company ,AVZ will become a miner backed by the biggest tier one battery maker in the world , AVZ will be indirectly supply the likes of Tesla !!!the big money hasnt even entered yet .
Word on the street is that AVZ might be added to the MSCI Asian pacific small cap index in the rebalance in November , and maybe the ASX 300 next year , if so then funds will be required to buy AVZ on market .Ive also stated before that we should be a prime candidate for the Global X LITHIUM ETF once License is granted and remaining funding secured , i think we are nearly there in regards to matching the criteria .
All of the above will give AVZ some great exposure , one thing we are missing is a write up / broker report or exposure from a reputable Bank / brokerage , once again the license may be the key to unlocking this .
As frustrating as this stock can be , and its pretty F$$$ING frustrating , we are in for some serious rerate once the license is granted , what with the surge in prices and demand for lithium and the looming supply deficit its a perfect storm for AVZ .
AIMO DYOR .
Cheers
DON.

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‘Word on the street is that AVZ might be added to the MSCI Asian pacific small cap index in the rebalance in November”

Interesting that you have also heard this, as also heard similar. MSCi quarterly reviews occur week 2, Feb, May, Aug. Nov. Considering MSCI indices are among the most widely used international equity indices for institutional investors; If true MSCI will provide some decent spotlight to AVZ and no doubt turn up the volume dial ...hopefully true because AVZ is always at a disadvantage in this ASX bubble; needs a broader less begrudging stage

AVZ Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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