AVZ 0.00% 78.0¢ avz minerals limited

Ann: Quarterly Activities and Cashflow Report, page-91

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  1. 4,009 Posts.
    lightbulb Created with Sketch. 1384
    "the only country which can go up against Chinese when it comes to AVZ is Saudi Arabia".
    We're not talking Amazon, mc is $93 million. Any country could invest any time they decided it was worthwhile.
    We can't justify the lack of action by pretending countries can't afford it.

    Re: Saudi Arabia. Would they be investing via an Offtake arrangement? If so, what would they do with the product. Or are they constructing Lithium refineries?
    Or would they be investing in mining? If so, likely they'd be expecting AVZ to be the miner ... risky based on the fact AVZ is an explorer and all they've done so far is to explore, fail at propping up the share price, miss every single deadline, and attempt to sell the whole setup. Even now, based on action to date, the talk of mining seems to be a bit hollow.

    Not saying the Saudis aren't gonna dominate our TO threads here for the next year or 2, now that Huayou are recognised as an unwelcome passenger, but I'd prefer to understand their mo before joining the pump
    Last edited by charlesn: 20/04/19
 
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