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15/02/23
00:01
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Originally posted by sf120
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What i dont understand is why you believe that and in particular as a non-holder
You understand how a non-holder claiming that we will open at 7.8c whilst we are in the middle of a smear campaign feels very much like a troll with a hidden agenda?
anything can happen - but why????
Also why 7.8c, such a wonderfully round figure, 1/10th of the shareprice, i can tell there is alot of analysis in there.
You seem like a legit poster so i dont mean to attack you, but you must appreciate the amount of BS being spread here, there is no reason for anyone to prepare for the worst, if at all we should prepare for the best - this is the most probable outcome and we have facts to prove this, most recently the Zinjin letters showing that Zinjin them selves do not want the southern part, they are going for the northern part.
Could the reversal of decree be done to take away AVZ exploration rights in the northern? Remember that was part of the original news and this is more likely an outcome than preparing for the worse...
75% of the southern acerage with 15% first rights = 90% asset ownership on 700ktpa operation with margin of 5k = 3.5b EBIT x P/E of 6 = 16b market cap = 8x times from here - Why not prepare for this outcome roller?
So i will say to this community as you have said, people need to prepare that could very well trade to $16.. And shorters should prepare for this limitless liability
*Disclaimer - I dont believe it will be 16 at open, i believe it will be 2.25 IF mining license goes in our favour
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Yes preparing for the best and ignoring the worst seems like a foolproof plan befitting Hotcopper groupthink.
Especially when dealing with a suspended spec stock with a potential mine in DRC with China? involved.
Literally nothing can go wrong with that ingredient list can it..