AVZ 0.00% 78.0¢ avz minerals limited

This my friend is why we are languishing at 16.5c. The market is...

  1. 828 Posts.
    lightbulb Created with Sketch. 286
    This my friend is why we are languishing at 16.5c.

    The market is fed up with the company missing deadlines and constantly saying everything is on track.

    Three weeks ago we were told next round of assays to be received in two weeks....missed.

    Ariticle by Nigel at the end of April said the company expected the results of DD by certain companies to be complete with an outcome by end of month (April)...missed.

    Drilling still on track for JORC of 20,000m by end of June. Well since Feb only 8,000m of drilling complete. They aren’t going to complete 12,000m with assays in a month and two weeks...so clearly not going to make this deadline.

    The more the company misses deadlines they set for themselves, the more it looks like they don’t know how to run things efficiently or honestly. This weighs on the SP as money flows out to more reliable companies.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.