VWAP - Tip comp !, page-101

First 101 Last

Share
Profile

Follow
Kikker1959

10,662 Posts.

4373

21/02/19

10:47

Post #: 37512489
Share

Originally posted by Obe wan ↑

Originally posted by scombley
H00ts this copied from 8horse earlier post

"AVZ is raising up to $15m.

If 5 day VWAP just before the issue date were: 5c, new shares would be: $15m / (5c * 80%) =375m shares @ 4c/share.
If VWAP: 4.5c, new shares would be: $15m / (4.5c * 80%) = 416m shares @ 3.6c/share.
If VWAP: 4c, new shares would be: $15m / (4c * 80%) = 468m shares @ 3.2c/share.

.
’potentially’ / ‘up to’ $15m
most likely going to be $10m fwiw

’Actually’ the world largest hard rock lithium resource.
’potentially’ 1 billion tonne , but ‘probably’ ‘up to’ 1.5billion
tonne and has a market cap at present under $100m.

averaging grades of 1.6% ; better tonnage and grades ( excl Greenbushes on grade ) than any hard rock resource currently found on the planet including the mighty $1.2B MC PLS ;which it dwarfs in grade and tonnage.

funny how all the ‘not helds’ / ‘sell’ posters forget about all the other highly probable / potential / current factual figures

Expand

Obe the issue is getting it out and on a ship. It does not matter how much is in the ground. the size of the mine and shipping all year round is what matters. (having a resource 10 times bigger only has an impact if your mine is 10 times bigger . As long as the market thinks there is oversupply already this wont be developed, hence the MC of $100m. AIMO.

AVZ Price at posting: 4.7¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Aussie stocks to open flat following a sluggish session in the US

Emerald & Azure score Digger & Dealer awards

Finding financial stability when inflation's out of control

Bitcoin: Current State of Play & Where to Next | Swyftx

CKA

Cokal plans to kick off unexpected underground mine in Indonesia