I can’t believe anyone here still believes a word that comes out of Nigel’s mouth regarding timelines or near term deals for financing. Just look at his last financing deal! Not to mention the performance shares milestones goal posts being moved, the pay rises, the mates getting a few bones thrown (JNS), etc etc etc.
Avz will still be going for a TO imo. But only when the DFS is completed early/mid next year. That’s when things will start to move.
Scoping study , new chairman etc is all price in imo unfortunately.
the only thing that will push the sp higher is financing , which will come after the DFS next year.
(*Unless the market makers decide to push it higher for what ever reason of course. -which is beyond anyone’s control or reasoning. )
all in my opinion.
AVZ Price at posting:
4.1¢ Sentiment: None Disclosure: Held