Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Ann: Manono Project Receives Favourable Technical Opinion, page-197

First 197 Last

Share
Profile

Follow
Arnobay

1,131 Posts.

347

15/04/22

21:27

Post #: 60875942
Share

Originally posted by Zardoz: ↑

The ML is a slam dunk now but as an ex member of acquisition teams for two majors, what institutions will buy when the market value for 51% is already over $4 billion and Nigel doesn't have a tax deal with the highest taxing nation in the world, though he's said it was imminent for how long now -18 months? oh and it's also DRC.
I'm sure the Chinese want it and that is where it should have been long ago. But still $4B. Lots of scuttlebutt that it is overvalued and people have got too excited. The Board never expected figures this high. They expected a takeover at a lower price long ago, but no non Chinese organisation was interested.
Should we even believe his crew given the lies about the licence being imminent when they definitely didn't have financial capacity?
plus other risks out there for those of us who have read the FS.
I've sold. Risk vs return.

Expand

We should re visit this post for friendly relations with Zardoz , when the share price hits $10.00 which will be before the end of 2024. We don't have to listen to far fetched ideas as we all now how keen the DRC is to get this mine up and running.
Nobody tell our friend that in 2020 the DRC had the lowest tax rate in Africa.

AVZ Price at posting: $1.18 Sentiment: Buy Disclosure: Held
47 Upvote

4 Great analysis

Reply

Top Stories

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What's causing the cost-of-living crisis, and how to navigate it

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

There are more pages in this discussion • 26 more messages in this thread...

First 197 Last

Add AVZ (ASX) to my watchlist