AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-60725

  1. 2,606 Posts.
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    AVZ was 30c last month and for the life of me I can not see what has changed except a higher expectation of a mining license that has not arrived and....becoming past due.

    PLS this is not. No cashflow, revenue about $90m in Cash for a $2bn company with $500m in capital need....and most raised at 50c or lower so lots of overhang actually, expectations of more CRs and also profit taking before year end to absorb.

    Lower much ??

 
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Currently unlisted public company.

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