AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-27235

  1. 2,362 Posts.
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    Doss,

    From the last investment announcement:

    'The Company will continue to work with FIRB and Yibin Tianyi’s lawyers with a view to obtaining the necessary
    regulatory approvals as soon as possible prior to the extended deadline.'(28th March)
    PRESS HERE

    This is a good point Doss, as this 14.1 million dollar placement could hit any time, apart from the down payment On Wednesday that will tell us that Yibin is serious. This should further tell investors not to sell now because this news could hit at anytime.

    Further, AVZ investors be aware of downrampers making unsubstantiated SP predictions in the negative, and saying there will be a CR. There is NO evidence of that! This is only to psychologically condition the naive to sell, so they are seduced that this scenario will play out.

    Note there are huge blue whales taking advantage of the weak hands being conned by these trolls. For instance today there was a huge 5,000,000 buy, so yes there are big players that want your shares, and right now there is a big 3,000,000 whale lurking at 5.6c.

    If holders can't wait, at least hold until Wednesday, the day that Yibin must pay up or potentially get terminated by AVZ. If they pay which I believe they will, this will tell the market just how serious they are.

    Cheers, M8.
    Last edited by Mining8: 09/03/20
 
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