AVZ
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0.00% 78.0¢ avz minerals limited

Deepp,Whatt happened to the debt / finance?It conveniently...

  1. zippy1
    510 Posts.
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    23/11/20
    20:28
    Post #: 49081742
    Deepp,
    Whatt happened to the debt / finance?
    It conveniently disappeared. I wish I could buy and asset with debt and then make the debt disappear.
    The have a net (remaining) capitalisation of $750 m (after the debt), you would need and asset worth 1.25 b less $550 m debt owed equals $750 m capitalisation (ignoring AUD or USD currency).
    May definitely be the case one day, but not soon, and more likely after production has commenced.
    GLTAH,
    zippy1

    AVZ Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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