AVZ 0.00% 78.0¢ avz minerals limited

Ann: Response to ASX Query, page-104

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  1. 4,057 Posts.
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    And only till May, 2018, which shows pretty clear intent... management care only about shareprice, not mining, and they're thinking this will be sold by May. They have spent a lot more on spruiking and marketing than they have on drilling. Remember that bizarre contract with JNS Capital who collected once the 10 day VWAP exceeded 30c. JNS satisfied the requirement, and here we are months later at 22c. However, again it would seem that was all about share price, and an attempt to maximise TO prize. I think KE underestimated the patience of the Chinese. With ML now silenced, they could do nothing and just wait until the share price falls further before showing their hand
 
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