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78.0¢ avz minerals limited

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treewallaby

548 Posts.

140

13/11/20

11:42

Post #: 48851013
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Originally posted by treewallaby: ↑

This is a stock I believe I know a fair bit about having traded it over 4 years. I think PLS will emerge strongly as it is in production. I think MLL isn’t as bad as people say but too still has its risks.

AVZ is undoubtedly an interesting play hence my presence. But the risks are very high and much depends unknowns. It’s more a case of me trying to work out what Klaus, ninja & AG, Huayou, Lowry, the wide majority of fund managers and of course all the Chinese battery makers that to date have not acted can see that the FA retail bulls on here CANNOT see. That’s all it is. Trying to analyse FA to explain terrible, terrible TA (rallies & dumps) and a terrible, terrible capital raise that AVZ had.

Asking the question, “what’s the hold up Nige?”

And it’s ok if things are bad in the sector and there are challenges out of avz hands. But don’t announce non events and then ask for free shares for achieving 25% offtake. Don’t intimate that offtake is very close if it isn’t.

Nigel in many ways has done a great job. But I do think a deal maker / closer needs to be doing the negotiations. Someone like Klaus.

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will feel genuinely devastated for SHs if another capital raise happens in 3-6 weeks like I think it will.

AVZ Price at posting: 8.0¢ Sentiment: Sell Disclosure: Not Held
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