I respect your opinion, but it has one fatal error unless you can enlighten me…………. and that is, since we had 36 months to pay why now? Well, it might be needed for any project finance, it also signals AVZ getting on with JV %’s, surely Congolese need the money sooner rather than over the 3 years?
In any case, yes, we were supposed to be funded to FID, but at the same time, we’ve seen a hold up with Cominiere X% and I think that has weighed on AVZ direction seen today to a degree.
In fact the more AVZ can take off partners the easier it might be to bring in someone else or ‘others’………. Just a thought.
All IMO & DYOR
AVZ Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held