AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-53386

  1. 0x7
    61 Posts.
    lightbulb Created with Sketch. 28
    "To date, AVZ's local management appears to be doing a terrific job and if they get the Mining License approved we should be very grateful. One would hope that they get suitably rewarded if successful.

    Today may be a significant day for AVZ as nominations for Directors (to be voted on at the next AGM) close. In earlier posts #50973956 and #51003208 I set out a scenario where Chinese Corporations may make an offer to buy AVZI's shareholding in Dathomir which holds the license for Manono. I suspect that if the current Chinese corporations when combined with other associated AVZ shareholders nominate a Director or Directors acceptable to the ASX they will have little difficulty in being elected.

    It is extremely rare for a small mining exploration company to take a project from the start all the way to mining. I suspect that AVZ will struggle to hold on to the project as tier 1 projects are usually snapped up by big corporations who have large capital bases.

    We obviously do not know what is happening behind the scenes and I suspect we may still have a few twists and turns over the next few months.

    If the mining license is approved for AVZ we should see a significant rerating of AVZ's share price."
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    regarding the highlighted bit....
    extremely rare - so there are such cases, however few of them, where a small exploration company becomes a mining company, right?

    i'm curious to hear how do they do it?

    do they, simply, hire people who have the skills to do the job (if mining explorers / geologists lack these skills) ?

    i would think if avz management have brains and money but lack certain skills, they could always hire people who have more brains and more skills or not?

    regards,
    xx

 
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