AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-319

  1. 447 Posts.
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    Yea even though the CR is disappointing, overall the purchase of the extra 15% is a big value add to the company in the long run, just that we thought it was going to happen at a much higher price after milestones that have been very delayed.

    They could basically erase this negative sentiment by delivering on the long-awaited milestones in the near term i.e. July and August, as Nigel said in the most recent proactive interview 'July, August at the latest for FID' (paraphrased) - but can't say anyone right now is holding their breath or taking this seriously with the track record but I guess it's still a possibility.

    Big positive if they come through in July/August but will be ticked off if we're September/October still awaiting news. The misleading timelines have been BS, as is the 13c CR (at least for now).

    MSEZ, ML, PLS OTs, Finance MOU, and other potential milestones in July/August and this CR at 13c won't mean a thing IMO.

    GLTAH

 
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