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YourDudliness

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17/08/18

11:43

Post #: 34992902
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Originally posted by Warnie ↑

Originally posted by Daripper
This... and the fact that we have MOU's in place, the content of which us SH are not privy to along with a confidential MOU's, which leads me IMO to put us at circa 50c/Share ...... and I do remember much speculation (from people I consider more knowledgeable than myself) about who's in "da house" ... along with a Coy Rep verbally stating belief to some at GM of "his thoughts" that 70c could represent the value......... ">

Anywhere between the 2 and Im cheering.
This won't be getting any offers at 50c or 70c IMO or any other pie in the sky amount, the ex director knows this, some are just late to grasp onto reality, and MOU's are not worth the paper they are written on either, Understandings are just that, not to be taken as literal and formal offtake agreements between two parties. AVZ have a feasibility to complete showing full costs to build, extract, deliver, which and at this stage may be be deemed uneconomical and worthless. There will be no offers or takeovers or anything of this nature until economicas are worked out to satisfy any pending purchaser, and even then, reliance on road building and power are the known unknowns which makes the project very high risk.

They may get some form of JV partner, but I have a full takeover at odds of 100/1 and drifting.

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Gee Warnie...not like you to appear at a T/A bottom telling us no chance of a TO. Seriously, I'm taken aback...thanks for your not held opinion based on your crystal ball TAB analysis...you always make me wish I had more dry powder to throw in (that's a compliment by the way)...sigggh...

Just waiting on the rest of the no holds to rock up...Kikker you here yet? Binwood? Esh?...

Last edited by YourDudliness: 17/08/18

AVZ Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
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