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78.0¢ avz minerals limited

Any thoughts on Huayou and the 186mil options they...

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Daripper

2,636 Posts.

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30/01/19

13:33

Post #: 37264743
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Originally posted by jimmityg: ↑

oops, I mean $15 mil is the max they can raise from the CR - tell em they're dreaming.

So, scenario 1:$900k + (minimum CR amount) 5mil = $6milish = Toast. Sentiment gone, no cash, vultures sitting and waiting for a future low ball.

scenario 2: $900k + (mid-level CR amount) $7 mil = $8 mil = 6 months to find some interest to get something going, otherwise, refer to scenario 1.

Best case, scenario 3: 900k + 15mil = 16mil = a year of operation, potentially 18 months going on last year's spending.

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Any thoughts on Huayou and the 186mil options they hold... exercisable at 10c in April 2019 ?

AVZ Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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