AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-31166

  1. 9,703 Posts.
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    In the unlikely event someone wants to give AVZ $500 million dollars for the most risky mining project in the world bar none, instead of simply asking existing producers for more product at no cost - make sure you get out on the initial euphoria. Take 12 cents and do not look back. Cause at 60% now, after finance current AVZ holders will hold much less with double the shares and be super leveraged to high li prices with it.

    That amount of risk is lucky to be rated 'extreme' - and only makes it to that because there's not a worse category.
    It could still happen - but only because the Chinese or another party see an A40 situation developing quickly to their advantage. Devil will be in the detail. Goodluck, nobody wants to see retail holders losing money.
 
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