AVZ 0.00% 78.0¢ avz minerals limited

Ann: Disputes Update, page-202

  1. 46,512 Posts.
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    Great success story was FMG but for every unicorn minnow that makes it big time there are a thousand others that end up in cat food tins.

    AVZ have indeed discovered and proved up a world class resource unfortunately its located in one of the most corrupt countries on the planet. If it had been lucky enough to discover it in W.A it would have been bigger than PLS and could have rivalled your FMG success.

    Sadly the retail punters believed the management spin who said they had a gazillion years experience in the DRC and they had a handle on the sovereign risk " we got this "
    clearly that was not the case .
    Last edited by h00ts: 17/03/24
 
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