AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-3961

  1. 1,068 Posts.
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    Infrastructure:
    AVZ has Dathomir (major shareholder) forking out $285m to fix the main road and is well underway.
    Dathomir are also forking out another $45m to rebuild the hydro site.
    AVZ has commissioned a project manager to assess the rail infrastructure as an option.
    Govt has 30% stake in the company. The Govt has a vested interest to assist AVZ. AVZ in return have announced that they will assist in rebuilding infrastructure in the region.
    Huayou (major shareholder) has a history of setting up mines within 12 months and have many in DRC. Able to move rapidly into production.

    Chinese Interest:
    Nigel is batting away investors (from his last interview). Sounds like they're falling over themselves to me.
    Mgt has said that the Chinese want more drill results before deciding a course of action. That's why there has been no binding agreements as yet. And why would they sign before knowing what's in the ground?


    All the questions and concerns from posters has already been discussed at length in these forums. It's the downrampers that put a negative spin on already confirmed information that's the issue.
 
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