Every day the Mining Licence doesn't arrive now this will have a de-rate.
I mean what is AVZ without a mining licence ???
At $2Bn+ Market cap...without revenue, cashflow or a mining licence to touch da cheddar this is priced beyond perfection. This is one risky play at this level....less so at say 30c where it was in November...yes only last month.
Friday buyer was also a notable absentee. Everyone in above 70 now fighting the tape.
AVZ Price at posting:
69.0¢ Sentiment: None Disclosure: Not Held