AVZ 0.00% 78.0¢ avz minerals limited

Ann: Ministerial Decree Received to Award the Mining Licence, page-623

  1. 2,927 Posts.
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    old news, very old news..

    Refers to the southern parcels of land ..

    Funny how they say "purchase some shares in Cominere" really detailed huh?


    Cominere is a state run organisation.. It is yet another example of corruption in DRC however it is superseded by the government

    A similar chairman of the cobalt mining state run org was ousted in December for corruption

    https://www.nytimes.com/2021/12/03/world/congo-cobalt-albert-yuma-mulimbi.html


    Heads will roll in Cominere - its a matter of time.


    Speaking of corruption, what an interesting battle we have today. Sellers still pushing.. Taking a realistic view here, the company is down 20%, Lithium is up as are all the battery stocks. So why wouldn't AVZ be a likely relief rally? Did something happen overnight for AVZ making it immune to a dead cat bounce?

    We will see short positions tomorrow and I am confident we sill see a closure of most of the 140m shares shorted last Thursday.

    Dumb dumb dumb sellers - Getting ripped off of their shares only to miss out of a monster rally when the license gets approved, the CATH funding gets in and we have news on exactly how we are "Advancing negotiations on the 15%"

    My 2c at least and I remain confident in my view, dyor


 
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