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78.0¢ avz minerals limited

When all the news you can find online is negative, shouldn't that be expected?, page-8

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Mute22

479 Posts.

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31/05/22

16:14

Post #: 61732494
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Originally posted by sdewal: ↑

And look at this, I got this from ********.au:

"What ownership outcomes exist?
At best, AVZ will end up owning a 66% stake in the project. This would be the result of its agreement to sell 24% to Suzhou CATH Energy Technologies for a US$240 million investment and acquiring 15% from La Congolaise D’Exploitation Miniere SA (Cominiere), which it believes it is entitled to.
At worst, AVZ will own only 36% of the project. This would reflect the sale to Suzhou CATH Energy Technologies, the potential failure to acquire 15% from Cominiere, and the potential loss of 15% to Jin Cheng.
"
https://www.********.au/2022/05/30/heres-why-the-avz-minerals-share-price-caused-such-a-stir-in-may/

Can someone please explain the math behind their calculations????

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They are incorrect calculations, if you use official asx announcements lowest we can go pending the CATH deal is 51% and there is no way that will be sorted until everything else os squared away.

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
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