It's the fact that everyone is awared of AVZ's low production cost, the top quality of the mine, it's the monster of Lithium, ....... etc, But the unfortunate part is the company is under poor management team, such as the missing of time table, poor finance negotiation skills, etc.
Nigel and the BOD are only care of the acquisition of their freebies,, their high salary and especially their performance shares. The lousy deals they made in the last two years to get the finance for they to speed it easily and freely are horrible, especially the one with Patterson(it's one of the worst deal I noticed in mining industries). It's absolutely unbelievable. Every shareholder should still remember the very poor performance of SP for a long period of time. It just like selling USD600 per ounce of gold nugget. NO one will make worse deals then Nigel did. The value of our shareholders are diluted to a terrible level. Otherwise, the share price by now should exceed 15c +.
AVZ Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held