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AVZ

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78.0¢ avz minerals limited

Do you guys honestly think AVZ will sell soo soon? In a couple...

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Creampie

55 Posts.

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19/03/18

22:22

Post #: 31870408
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Originally posted by 7taffae ↑

My thoughts...

1. JV takeover between 2 of the players and JV’s with the rest.

2. HuaYou (1), CATL (2), BNBT, Tinci and other China lithium major are the players buying $AVZ

3. Spoke to ML back in November and he spoke about the price not being sold under $1.00 and that there would be a JV between 1 & 2.

4. Takeover > $2.5billion easily funded by HuaYou (just raised $1B US for lithium materials) and CATL (have bulk cash from VW deal)

5. The other three players will complete a JV with HuaYou and CATL to acquire the remaining supply.

6. Think about it who needs the supply and who has the cash? Both HuaYou and CATL will need AVZ, have faith in Airguide and ML as he has delivered in the past and will continue to deliver.

7. Price will be 4 x current value = +$1.20 / might seem a lot however when you have 5 players wanting the supply & in a bull market for lithium it is only natural that the price will increase. At $1.20 for a 1billion + tonne resource you will get your money back x 100 (excluding tin value). ML and his team would be selling this to all.

Whatever the result, hopefully it happens in the next week, we just need to continue to top up & ride the wave to Chinatown $$$

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Do you guys honestly think AVZ will sell soo soon? In a couple of weeks?

AVZ Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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