Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

The thing I don't get is - what does the signing company...

First 52 Last

Share
Profile

Follow
thefinn12345

798 Posts.

9

07/03/18

10:09

Post #: 31580503
Share

Originally posted by jsbuser ↑

I DONT want a binding agreement now. I want a bunch of players competing right now for a binding agreement. That will be worth a lot more. This is all about applying pressure.
1. Public indications of commitment vs behind the scenes
2. Drill results rolling in validating increasing value
3. Social media attention and excitement built so expectations on price are high
4. Prospect of us going mining instead if the interest isnt strong enough

Exactly how you'd play it to maximise return in a bidding war.

Expand

The thing I don't get is - what does the signing company (Guangzhou) get out of doing this?

I realise AVZ gets more interest and gets to put out an announcement etc..

AVZ Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 155 more messages in this thread...

First 52 Last

Add AVZ (ASX) to my watchlist