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78.0¢ avz minerals limited

I reckon part of the cost of those 15% will be offset by the...

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solo177

200 Posts.

394

13/03/22

20:05

Post #: 60166451
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Originally posted by Winenut: ↑

Correct @qball

It's disappointing the Cantor report got it wrong

DRC is free carried only if they reduce ownership to 10%

I suspect that will happen soon with AVZ picking up the additional 15%

The question is.......what will the price be for that 15%???

Cath paid $240M for 24% will AVZ only have to pay $150M for 15% ?

Bit unsure since the value of the project has increased significantly since the CATH deal

Could this be one of the issues delaying the ML?

As Frank would say ......food for thought

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I reckon part of the cost of those 15% will be offset by the cost of infrastructure projects that AVZ and CATH are committed to. Therefore, I also believe this 15% in some proportion will be shared between AVZ and CATH.

AVZ Price at posting: 89.5¢ Sentiment: Hold Disclosure: Held
12 Upvote

0 Great analysis

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