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78.0¢ avz minerals limited

chinese players won't be able to buy a meaningful amount into...

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aschwin

136 Posts.

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06/12/22

20:58

Post #: 65184185
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Originally posted by HardTrader: ↑

Here's the strategy as far as I can see it.

Even if Jin Cheng didn't get the 15% - their attempt to do so, combined with the wait through suspension would make the share price drop like crazy - perhaps even back to the 4c mark - and the Chinese might well win anyhow by being able to buy in at that price.

So, in order to protect the share price, we are waiting for the next milestone which should be the last one before we can start building at least the 5mpta mine. Yes we're going to 10 in all estimations, but this would at least alleviate investor concerns.

Am I missing anything?

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chinese players won't be able to buy a meaningful amount into Australian critical mineral companies nowdays. Won't pass FIRB approval.

happy to average down once it craters tho

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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