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78.0¢ avz minerals limited

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Freehold

24,192 Posts.

5565

04/05/22

23:19

Post #: 61212763
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Originally posted by Freehold: ↑

Interesting view of course with the 15% Cominiere. It was only ever stated as a option to get that 15%. We don't currently own the 15% (under advanced negotiation according to Today ann) So the AVZ mcap valuation has only ever valued the option to get it.

If we get that 15% then we will have to stump up to pay for ownership of it say $450m if the Mcap was at @ #3Bill. An then ongoing pay for an extra 15% going forward as that would be our increased share of costs.

If we don't get the Cominiere 15% the who ever owns it has to stump up to purchase it ($450m) and the ongoing 15% share of costs.

The point I'm making is that what would be the cost of losing that option only... ?

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Interestingly, also ... is if the SP price is lowered due to these ownership questions and then the 15% Cominiere share is awarded we won't have to pay as much for it will we... a possible silver lining perhaps?

AVZ Price at posting: 80.0¢ Sentiment: Buy Disclosure: Held
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