Ann: Trading Halt, page-108

First 108 Last

Share
Profile

Follow
BlueSkies1711

3,380 Posts.

729

30/06/21

12:52

Post #: 54174017
Share

Originally posted by GARETH78: ↑

The alarm bells started to ring after the 3 March offtakes with not $1 prepayment or $ commitment of any sort.

It was a red flag to me and likely a lot of other holders (maybe not as vocal as me lol).

Yes they often come with conditions, but we are entering a bull Li sector so alot less risk than the earlier Li plays had to deal with for these OT. (AJM, GXY, PLS etc), and they show a real commitment to the project by customers.

Can add this announcement to the list.

Expand

it does begger the Q why no prepayments, could have avoided this

Originally posted by Lich_King: ↑

Have to say, no matter how u cut it it’s quite disappointing management didn’t nail down the MSEZ or the ML before engaging in further fund raising (especially without underwritten guarantee) although could it be that the govt was pressuring AVZ behind the scenes to take the remainder 15% off Dathomir before formal approval granted for MSEZ/ML? Just a thought, what’s everyone else’ opinion on this possibility?

Also quite a dog move for the terms of the cap raise to be leaked to the AFR before it’s even formally announced. Whether it was one of the BOD or Curran & Co. that did this, I reckon the directors deserve an earful at the next AGM/other face to face engagements for this blatant act. I understand this is necessary advertising on some level given that management is going to the market cap in hand atm, but even still, as a long term holder this is definitely still a smack in the face imo

Expand

Possible prior to MSEZ, but at 20% discount tho ?

AVZ Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

MKT

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

Trump is President Again: What Does This Mean for Crypto?