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78.0¢ avz minerals limited

Ann: Update on timing of results from remaining drill holes, page-90

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PASBOZ

5,890 Posts.

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05/09/17

22:14

Post #: 27019050
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Originally posted by FiendishRedbeard ↑

If we are talking about a takeover of AVZ, then why is there no competing mega bids for mining companies by two or more Chinese companies?

The reason is that it's likely any bid for a FOE is approved first by Chinese gov. If there are multiple bidders then the gov decides who will bid. Competing bids don't benefit china.

So once a Chinese company bids for AVZ I can't see another Chinese or non Chinese company bidding.

No problems with air guide but they are singing from their own song book in this.

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guanxi"
why the focus on bidding.
one is a miner another is a processor add another battery manufacturer
all 3 working for mutual benefit / control pricing with secured supply.
been like this for years.
MOUs or JV before offer ?

AVZ Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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