Stockinvesting
Regular
IMO, we'll be bought out at around 90c (approximately 15% premium).
As I've stated before, very happy with $1. Even at that price, the vast majority of LTH 's would be in the black by a healthy margin.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
As I've stated before, very happy with $1. Even at that price, the vast majority of LTH 's would be in the black by a healthy margin.
Chilla
Regular
No chance an offer of that nature would ever make it to shareholders......Nige wouldnt give it 1 second of consideration before tossing it in the bin
Misfits
Regular
Agree, $2 min
At a complete guess : With ML $2 - $3 . Without ML l don't know but obviously quite a bit less.
Sparrowhawk12
Regular
Scoota30
Regular
IMO $10B USD min with ML in hand and updated BFS, Hydroxide facility study and 10mtpa study. Anything less with ML in hand is a sin.
$10B USD = $14.2B AUD
$14.2B / 3.5B SOI = $4 TO target Minimum.
IMO IMO IMO IMO
PutUsernameHere
Regular
There's not a heap of overall change, but shorting position has supposedly gone down since the original suspension so trading off-market must be happening somewhere for those bumps where positions are closed. Admittedly I can't find daily figures, but on the 22nd Dec is looks like around 43M short position was closed out, followed by a new short position of 41M taken up on the 23rd...
I called the number and it went to Ben’s message bank. Left a message, will report back.I will make a call to AVZ today and report back. The email is 100% scam.
Clearly not the brightest guy if he thinks the email is legit.
Chilla
Regular
Would have to be all cash offer and done and dusted quickly for that to get up as the project becomes more valuable as the market deficit increases and the projects development progresses
obe wan
Regular
Yep ; I heard they dropped one through the northern area in the recent campaign early
ye I remember that short movement , however that seemed to have been an administration screwup as a number of stocks had a significant movement in short positions over the same time , until shortman fixed them all and they basically returned to the previous value, albeit AVZ was a little lower by about 4 million.
TheCount
Regular
That, imo, is reasonable.
PLS is currently at 14B market Cap.
for AVZ to get there - it'll need to increase SP by 7x.
= $5.46.
allow a 20% discount for not being in production which would be also offset, somewhat, by the resource and hopefully the updated DFS/BFS.
= $4.368.
Scoota30
Regular
Would be an absolute steal in the long run for whoever could end up grabbing it for that price, but i have been swayed heavily into the TO once ML crowd as long as it gets flicked in quick time like @Chilla says. a 5x return from where we are right now at 70c to be done with this, i don't think you'll catch too many people complaining.
I don't have half as much faith anymore in the BoD, the DRC Gov and the chinese interference to try to take this to mine ourselves. Sell it to a big boy like RIO and let them deal with it.
Stockinvesting
Regular
I know it's low ball Chilla.
That's my point.
No ML. No TO in vicinity of crazy predictions like $2 to $5.
It just isn't realistic. Chinese choking us, in for the long, long game. DRC corruption entrenched.
I believe I'm close to being on the money. Wish I didn't.
Samus
Top 20
This is the sensible path forward imo. Sell it to a major with a MC larger than the DRC's GDP.
Doubtful you'll see the sort of shenanigans afforded to a pissant explorer like AVZ by the criminals over there.
That's if they'll take it at a reasonable price after the sort of shit we've witnessed over the past 10+ months.
Personally I could live with $1 plus with anything more being a bonus. Beats loosing the lot which seems just as likely as any potential takeover right now. I'll take 50c over pissing my initial investment down the drain and put it down to experience.
The fact that neither the board nor the DRC can get this over the line to everybody's benefit in a red hot lithium market tells me everything I need to know.
Still prefer $10 or $12 to zijin though Wino...
Chilla
Regular
They wont sell it unless at least 66-75% confirmed, ML rec'd, 10MTPA BFS done, Resource Upgrade done, PLS Study done, SEZ awarded. That is why $4-5 is a reasonable range if someone wants to buy it. A lot of that is done or nearly done and awaits ML for release, hence the $8mil spend per quarter on exploration and studies to have it all ready to go as soon as ML awarded.
Winenut
Go AVZ!
Been reading some interesting positions on the potential TO prices
The value of the resource is increasing day by day as the Lithium deficit grows, the resource size is increased through drilling assessments and the price of the commodity climbs
The longer it takes for any of the potential players to stump up a decent offer the higher the price is going every single day
Get it into your heads potential buyers.....
$10
$10
$10...
Oh.....and $12 Zijin....fuckers
The value of the resource is increasing day by day as the Lithium deficit grows, the resource size is increased through drilling assessments and the price of the commodity climbs
The longer it takes for any of the potential players to stump up a decent offer the higher the price is going every single day
Get it into your heads potential buyers.....
$10
$10
$10...
Oh.....and $12 Zijin....fuckers
Frank
Top 20
Corruption perception index: DRC placed 166th globally
In a report published this Tuesday, January 31, 2023 by Transparency International on the Corruption Perceptions Index for the year 2022, a report according to which corruption remains at the root of the multiple crises in the world and affects the security of several nations .
According to this report, the Democratic Republic of the Congo is among the five least peaceful countries in the world and the Corruption Perceptions Index, CPI, also places it among the bottom 20 most corrupt countries in the world with a score of 20%. , compared to 19% obtained in 2021.
However, at the global level, the average score is 55%.
At the regional level, sub-Saharan Africa obtains a score of 32% with a regression of 1% compared to the year 2021.
“Since President Tshisekedi came to power, he has shown his political commitment to fighting corruption and achieving higher levels of integrity, transparency and accountability, notably through the creation of the Coordination for Change Mentality, the Agency for the Prevention and Fight against Corruption, the strengthening of the General Inspectorate of Finance and the rehabilitation of the Court of Auditors.
Despite these efforts, no significant improvement is being felt,” reveals the Congolese Anti-Corruption League.
These results show that the Democratic Republic of Congo does not always manage to deal with security problems in the eastern part of the country because of corruption.
Many experts note that corruption is growing in the public sector and enforcement measures remain weak.
It should be remembered that no less than 15 billion dollars vanish each year as a result of corruption, Professor Luzolo Bambi, former adviser to Joseph Kabila in the fight against corruption and money laundering.
mediacongo
Food for thought on the long and winding road to Manono
Frank
*To add, I see where,
Cooperation: "The volume of DRC-China trade increased by 51.7% in 2022" (Ambassador Zhu Jing)
Trade between the People's Republic of China and the Democratic Republic of the Congo broke a record again, registering $21.9 billion, a year-on-year increase of 51.7 percent.
With this new record, China has kept the place of the first foreign investor in the DRC for the 4th consecutive year, announced Zhu Jing, Chinese Ambassador to the DRC, Monday, January 30 in Kinshasa, on the occasion of the feast of the Spring marking the beginning of the Chinese New Year under the sign of the rabbit.
In front of Congolese diplomats and officials, including the Speaker of the Upper House of Parliament, Modeste Bahati Lukwebo, the Chinese Ambassador said that significant progress has been made in major cooperation projects such as the Cultural and Artistic Center of the countries of Central Africa and the Kinsuka substation in Kinshasa.
“In the New Year, China is ready to work with the DRC to further implement the consensus reached by the two heads of state, strengthen high-level exchanges, consolidate political mutual trust and to deepen pragmatic cooperation in mining, infrastructure, industry, education, health, security and defense,” Zhu Jing said, before announcing that he is preparing to leave the DRC where he was posted for three years and two months.
In 50 years of Sino-Congolese friendship, trade between the two countries has multiplied by 450 and the achievements of this cooperation in terms of infrastructure, social, educational, cultural are visible in the four corners of the DRC.
mediacongo
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