AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-127

  1. 27 Posts.
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    Point Number 1:
    Australia China trade relations has been a sensitive operational environment since 2014 or so.
    The last attempt by Tianqi or Yibin (both Chinese) in Q4-21 (i think) to buy out AVZ was outrightly denied by the Australian Trade Commission or something.
    https://www.copyright link/companies/mining/china-group-blames-australia-for-barring-stake-in-african-lithium-mine-20200426-p54n8h

    Australia (and for that matter) any mineral rich (or critical mineral interested) country has become overly cautious of acquisitions (even mergers with > 50% control rights) unless they are within the localized (and political allies) electrification supply chain.

    Point Number 2:
    According to the HC friends who attended the European event have stated in earlier thread (two days ago) that MD Nigel Ferguson has made it openly clear during his recent European non-deal roadshow that *** AVZ is now open for business but is not for sale ***

    Thanks.
 
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