AVZ avz minerals limited
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Ann: AVZ to increase equity stake in Manono Project to 75%, page-52

  1. bigal36
    2,858 Posts.
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    21/09/20
    10:10
    Post #: 47494694
    Yes no dilution but if we pay US$15.5M for the extra 10% and then offer 10% up to get new finance it will only be beneficial if they can sell that 10% for more than US$15.5M, otherwise they will just be in the same position they were in before this deal.
    AVZ Price at posting: 6.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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