AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-18456

  1. 2,521 Posts.
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    Unlikely Nigel has a plan. The SP has only fallen since he took over after Klaus committed suicide. The BOD created the CR from Hell and quoting Lowry was an absolute farce! We closed at 6.7c prior to the CR announcement and SP fell to 3.7c in the process wiping off nearly 1/2 the MC. The SP has never recovered since. Should this have fallen lower to say 2-3c what is the odds on the DRC government would have revoked the licence same as the previous holders due to inactivity? At 2-3c you cannot negotiate terms for off take or even get finance. At 2-3c this is dead in the water and everyone would lose.
    If Nigel has any cards up his sleeve now is the time to play them.
 
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