What i cant understand is that if the MC of AVZ is ballpark $170m, why wouldnt a huge 'oiler' just launch a T/O for the company. Even if they had to pay 4 or 5 times for it, im sure they can afford it. Then they have at least 2 options when they control the worlds major new lithium resource..... mothball it (and therefore control the market to a degree) until youve sold all the oil you have and then start to put it to use, or just use it now and also become a major player in the supplying new energy alongside oil. They spend $000m's on exploration for new oil sources anyhow. Is probably why im not a CEO....
- Forums
- ASX - By Stock
- Ann: AVZ Minerals hits 263.24m @ 1.52% Li2O
What i cant understand is that if the MC of AVZ is ballpark...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online