AVZ 0.00% 78.0¢ avz minerals limited

Edit -the AGM preso shows 2 quarters for FID, Q1-Q2. Q1 does...

  1. 548 Posts.
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    Edit -

    the AGM preso shows 2 quarters for FID, Q1-Q2. Q1 does include March.

    But you can’t get FID without 75-100% offtake, and they have 0% at the moment

    And you can’t get FID without an approved mining permit, and they appear not to have even lodged the application for this yet. it will take “several months” from the time lodged (per Ann 12 May 2020)

    So nothing is lining up here in my opinion and this is my frustration. If management had a history of making things all come together then I would give the benefit of the doubt. Hmmm maybe I wouldn’t. But no it doesn’t have a history of making things work. Klaus, Huayou, Ninja, ASX please explains etc. So I am rightly cautious and critical.
    Last edited by treewallaby: 30/11/20
 
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