Ann: Arbitration request, page-355

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Miljew123

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12/05/22

11:26

Post #: 61363034
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Originally posted by hedrox: ↑

The worth case scenario would be AVZ got 36% of the deposit. A couple of weeks ago AVZ was 1.23 $ when the market believed that AVZ held a minimum 51%. Now after the debacle AVZ is at 78 cents.
The big question is how the market values AVZ now?
The share price tanked 36 % , but the ownership tanked only 15 %.....a bit of an overreaction..IMO
For sure it's not good at all, to loose control of the project...but AVZ still got 36% in the worth case scenario.
AVZ will get as well the 27 million $ back, what AVZ already transferred. If Nigel and AVZ don't have a case, the best thing would be to only agree to this mysterious dodgy deal by Zing mining and get on with mining. It might be a blessing in the sky that the Chinese take control of the deposit. They got the money, they got the experience and all their dodgy connections in the DRC. There might be more hurdles to come, where the Chinese will definitely be more experienced { dodgy} to deal with.
On top of all this...there is still plenty more Lithium on their land holdings and a possible upgrade to 20mt, 30mt or even bigger could be on the cards for further upgrades....
Lets see how everything pans out...but AVZ is far off folding their hands.
It wouldn't be in anybody's interest who is involved in this project to get the development suspended for years...not even the Chinese. There is hope that AVZ and the Chinese will come to a deal in a short time and get on with development of the biggest hard rock lithium plays in the world.
So how to value AVZ at 36% with a mining license in the bag?
My guess ...more than 78 cents

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Again the 36% ownership is false, please stop posting this nonsense.

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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