Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

they said fully funded to FID in early 2019 BEFORE securing...

First 35547 Last

Share
Profile

Follow
treewallaby

548 Posts.

140

29/11/20

12:40

Post #: 49218451
Share

Originally posted by donegaldemon: ↑

"6.4c would price in risk better than now" I fail to see how the risk would be better on a 40% pullback with no OTs and a cap raise looming { your words not mine }, but anyway good luck with that one .
Also i dont see how they are "undercapitalised" ,, the company has stated that they are fully funded to FID . I also like the way you change your wording on the mining application , now your saying "apparently" , so its open to suggestion then , not yes and not no ?so you dont know ,
Anyway have a great Sunday , Also you should call the company if you have so many questions , all this can be cleared up with a 5 minute phone call .

Expand

they said fully funded to FID in early 2019 BEFORE securing options over the 15%. I have never seen them repeat that statement in the past 12 months.

show me the offtake (week 7 now?)
show me the mining permit application

i know this sounds very persistent but I’ve seen a number of small caps go from hero to zero because SHs didn’t take a stand and demand answers to questions like these.

avz is nearing only 4 quarters of working capital left. At what point do you get worried? 3 quarters? 2?

Last edited by treewallaby: 29/11/20

AVZ Price at posting: 9.3¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 46,379 more messages in this thread...

First 35547 Last

Add AVZ (ASX) to my watchlist