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78.0¢ avz minerals limited

Its the shareholders that accept or reject any T/O bid. not one...

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rightyo

589 Posts.

149

22/03/24

08:45

Post #: 73006220
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Originally posted by Rothal2022 ↑

Hoots, most shareholders here would likely be satisfied with a standard valuation of $8 per tonne of lithium in the ground. While this doesn't equate to $3 per share, it's approximately 2.6-2.8 AUD per share. For most long-term holders, that would be a jackpot, and for the buyer of Manono, still a bargain. I hope NF isn't too greedy if a takeover offer comes and accepts anything above 2.5 AUD for the shareholders. Bringing Manono into production with its own license is probably much more lucrative, but I believe many shareholders are simply tired and would accept a fair takeover offer north of 2.5 AUD.

The tin would be a present for the new owner and free of charge.

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Its the shareholders that accept or reject any T/O bid. not one single person. NF would rightly so put any appropriate T/O offer up for vote. But who's to say their wont be a multitude of offers from differn't multinational companies once the ML comes through. could very well be a bidding war.

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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