Lots of silly comments today, little focus on AVZ securing the additional 15% of the project ownership (what's that worth?), little mention of the retail and managed funds that will now follow the Insto/s into AVZ on the back of this placement.
Big deal there is a discount at .13 cents from.16 cents, small potatoes in the scheme of things. Rather see ANZ funded and able to close out near term milestones which are significant. Also, any genuine shareholders can participate to offset any dilution if they want. Noice !!
Some just can't see the forest for the trees, or appreciate the value of the resource against the well trodden process to an OT or full development of the opportunity. I will be sleeping well tonight, knock yourself out down-rampers and doubters, focus on as many negatives as much as you like, waste of time IMO. I for one are very excited to be a holder, the future is outstanding for AVZ.
Concerning Nigel, the team and their capabilities,, well the best laid schemes o'mice and an' men, perfect management that always perform against stated timelines is a myth. Great news today IMO, sets up AVZ for the next 6 months and completion of important milestones, particularly the additional 15% project ownership as mentioned which flows directly to holders.
Cheers BJ