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78.0¢ avz minerals limited

You are a naive dreamer. The more you hope for, the more you...

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bcgk

84 Posts.

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26/07/19

00:44

Post #: 39699779
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Originally posted by qball: ↑

My prediction is funding will come soon after the Met results meaning no further CR will be needed.

I suspect Met results will be held back until after the further 5% is attained (will make this acquisition cheaper).

I think the order of announcements will be as follows...

1. DRC sign off on transfer of 5-10% of JV entirety to AVZ.
2. 5 year tax concession is signed off by the DRC government.
3. AVZ announce outstanding Met results.
4. JV partners open their wallets and mine is fully funded (at least $160m provided in a variety of funding forms including contributions from CATL, Huayou and non Chinese entities) and all parties commit to bringing the mine into production within 2 years.

At that point the SP will be pushing new highs and we will all wish we had bought more at these levels.

GLALTH

AIMHO

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You are a naive dreamer. The more you hope for, the more you will be disappointed.

I do not expect any sort if funding soon but another hurting CR at low levels.

I nevertheless hold my stake until 2020s to get the final reward.

Disclaimer: Hold 8 digits at average <4.5c

AVZ Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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