Spare a thought for shorters, still paying interest...
What we know is avz wil not relist until uncertainty disappears.
Shorters will not be able to trade fear.
It comes down to Which way is avz going, with full licence and acerage or without. If the latter, good for shorters.
But will it? A few thoughts for consideration
1) Felix has this on the international stage promoting drc for investment (not a good look to go against avz)
2) avz is lead sponsor for drc biggest transformation initiative, you don't choose a bad company for lead sponsor
3) drc and usa as demonstrating they are going to be working together, the us will not be happy losing a key asset to china and the pressure to exit China I real for the drc
4) all indications suggest the project is moving ahead irrespective with drilling and equipment being secured
5) this was asx 200 so Australian super is invested here, it's mum and dads investors at risk here and Australia will support a 2.7b home grown company
6) Nigel and a number of big shareholders are heavily invested, we are not going to call it quits anytime soon
7) Chinese company's have already been hit with scandal in the drc, they have lost licenses, zjinjin are unlikely to be an exception.
8) the igf have cleared avz and igf findings are well respected and being implemented in the drc
So what are avz shareholders upset about? Having your money locked away only to have it come back with no uncertainty? I can't see the issue apart from being able to use that money elsewhere. Personally if I can double my money every year that's an incredibly good outcome, avz will triple it in a year, I am happy to wait for uncertainty to disappear knowing the cards are in my Favour)
Yea I get it, a lack of info and never ending extensions.. Even with info you situation is no different, the only question is would you like to trade with uncertainty or without.. Believe me this is not the market to be open to uncertainty
