AVZ avz minerals limited

KoBold Makes Offer for Congo Lithium as Country Courts US, page-30

  1. 3,620 Posts.
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    Boy o Boy - If 4 bucks comes Im retired. yee haw!

    This is something ive never been apart of so when i think of the previous shareprice comparisons, or %'s of valuations of other takeovers etc I dont think its relevant upon reflection. this is unique.

    We never saw the updated resource and DFS from memory - anyone rememeber that?. This is the one Nigel stated it blew the previous one out of the park. This updated one never released is where any valuation would come from, not the last share price valuation which was valued against the "old" DFS. Too long ago to remember. the spod price of today isnt a help but the historic high may.

    Bidding war could happen, but is KoBold already decided....by the US.

    AVZ doesnt HAVE to accept a low ball, just off to ICSID (which will put more pressure on bids) i suppose. But i dont think well get there.

    Nigel could have got $1.00 a few times i bet. I recall once where someone was on the east coast at dinner with Nigel and his wife. His wife said Nigel just take the money (was it a buck i forget) and Nigel was nope, worth more, Ill fight. Nigel is not selling out thats for sure - we are in good hands and whatever he achieves Ill know its the best we could have got.

    Exciting times! LFG!

 
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