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78.0¢ avz minerals limited

$3.50 is fairy tale stuff - it aint going to happen ! Absolute...

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h00ts

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18/01/24

18:58

Post #: 71950813
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Originally posted by Amovatio ↑

Well done AVZ management to bring about this interim result. Let's not go mining in this corrupt state or we could find ourselves back in a similar situation in 12-24 months time. Hopefully Nigel and Co are looking for a negotiated outcome which potentially covers the Northern section as well.
I would hope our management team are fast tracking an update to the BFS and mine life. IMO an offer of $3.50 per share as a T/O to include the fines that should also be paid and let's get the hell out of this corrupt region and get back to enjoying life. Good luck to the citizens of the Congo, I hope the work AVZ has started can lead you forward to becoming a better economy.

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$3.50 is fairy tale stuff - it aint going to happen !

Absolute best case scenario is at the ATH ( IMO ) but even at the last traded price looks a stretch to me.

Anyway as they say in the fullness of time all will be revealed and yes I am on record here saying the BOD will probably recommend an offer to sell the asset that is unpalatable to most retail holders !!

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Not Held
16 Upvote

4 Great analysis

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