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19:10
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Originally posted by Andyrooo:
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$A1b for 50% of Manono, notwithstanding the opportunity cost, EPC, Production and sovereign risks of doing so? 10% of Manono ( assuming a project value of $A2b!!! ). Therefore a MC of $A200m and a SP of 8c. That's the very best you AVZ shareholders can hope for Its easy to see from this, that in the current climate of oversupply for Lithium raw material, the SP for AVZ should be under 2c. This is why the AVZ BOD sought to have their May options underwritten. You are ostriches with your heads in the sand. The Chinese are a big cat and AVZ is a delicious little mouse. They are going to play with AVZ ... before the inevitable. They will dilute current AVZ shareholders to oblivion. They have time on their side.
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Full of nonsense as usual IMO. IMO 1. Has no idea no idea about PE once producing and 2. thinks Chinese are a controlling entity, the world has changed dramatically over last 12-24 months as in future demand from outside of China I.e. Japan, Korea, Europe et al.@Wombat2 you ask who ?! Here is one classic example !!
