I have to say that I admire the optimism of @Mining8 for staying resilient with AVZ, and @hoots for continuing to be patient and post on this threat despite the criticism of posters about his motive.
Many die-hard FA believers of AVZ would have been so bruised and battered now with the SP movement in the last 6 months that it would be hard to not allowing self doubt creeping in, despite solid research.
IMO, the SP is controlled by TA and traders now. Despite some strong FA elements such as resource size and grade, an important element of FA being management is so weak that it makes potential FA investors gun-shy from stepping up to buy, thereby create a viscous downward cycle.
I hope that in the next 6 months, there will be some pressure for fundamental changes in management and they will start to deliver on their promises instead of continuously breaking them. Only then we will see the SP get out of this down trend and let the FA takes back the control from the TA.
AVZ Price at posting:
8.4¢ Sentiment: None Disclosure: Held
