AEV 0.00% 0.5¢ avenira limited

hanging in the balance

  1. 930 Posts.
    I think that "if" there is no real up or down movement in the RP price in the near term then this stock will rise or plunge on a management call.
    If they announce anything to do with progress in the NT ie DSO tonneage or quality update, mining of the bulk sample underway, water source determined, offtake agreement, village construction underway, purchase of plant, BFS (I think they will delay the release until the RP price rises and paste in the numbers)....then I feel we should see 55-57 cent again

    However.....if they even mention using the newly raised funds or creating more dilution in order to continue with the UCL fiasco then the signal will be that the NT is not viable, dead in the water, and they have shifted the company focus.
    I think the price will plunge
 
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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