Running discussion on SP, page-44975

First 44975 Last

Share
Profile

Follow
Anonymouse2

665 Posts.

112

27/05/21

11:50

Post #: 53454295
Share

Originally posted by keatz: ↑

Looking behind the scenes too into some more operational decisions from Nigel:

- Hes replaced a very inexperienced CFO in Leonard Math with a very very good CFO imo. This shows his operational awareness to identify a lack of skills and improve in that area. Actioned at a critical time as we go through financing negotiations.

- Leveraged heavily on Serge in the DRC to build strong gov't relationships. As a result Serge is in all big meetings and we are on the cusp of an SEZ and ML being processed.

- Identified impatience in shareholders and decided to invest in a roadshow of shareholder meetings.

- Has not rushed into a CR like many CEOs would have at this point to secure cash.

- IMO has turned down financing offers to negotiate with DFIS, ultimately reducing shareholder dilution and leveraging a debt ratio with a short payback period.

- Process the Wedge, SEZ, Good offtake terms, FEED program, all in the aim of improving our DFS to a BFS and negotiating lower Interest rates for our project.

- Strategically holding out on PLS and Tin offtake for better value as the mine enters the construction phase. Be patient and make sure we pick the best partners. Has even mentioned the demand for some upfront cash now if they want to sign on.

Ultimately all i see in the AVZ shareholder forums at its current stage is a lack of patience, naivety and complaining. Nigel excellently rode out the downturn in lithium and now AVZ is in its strongest position it has ever been!.

Food for thought, just my opinion.

Expand

"- Identified impatience in shareholders and decided to invest in a roadshow of shareholder meetings."

Seems I was wrong to make such an early call...

This is the quote of the day.

Keatz - There were many SH'ers precluded from the recent roadshow.

Do you write CV's for a job?

AVZ Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

THB

Thunderbird picks up plethora of uranium targets based on EM survey in Canada

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

CRI

Critica unveils fresh REE hits near Jupiter play in WA – and 5 new prospects

SGR

Thousands eye Star on HotCopper, SkyCity in strife – are ASX casino stocks safe anymore?

NSM

North Stawell Minerals set to raise $1.3M in capital raising for exploration in Victoria

There are more pages in this discussion • 39,142 more messages in this thread...

First 44975 Last

Add AVZ (ASX) to my watchlist

Running discussion on SP, page-44975

Top Stories

Thunderbird picks up plethora of uranium targets based on EM survey in Canada

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Critica unveils fresh REE hits near Jupiter play in WA – and 5 new prospects

Thousands eye Star on HotCopper, SkyCity in strife – are ASX casino stocks safe anymore?

North Stawell Minerals set to raise $1.3M in capital raising for exploration in Victoria

Featured News