Having been in this 4 years plus now, my take:
- NF, and other AVZ silent management always promised the world, embellished the facts and never ever met a timeline published.
- all the cheer squad, squashed anyone who questioned missed timelines and other issues, with comments like “if you don’t like it sell”, “l’ll buy your shares”, “last time we see 50c, 75c, $1 etc - time to buy more” and the classic “be patient“.
- was never ever impressed with AVZ management granting themselves every AGM millions of free shares and then with other options and soft targets!
- the non-disclosure by AVZ mgmt of Chinese/ DRC shenanigans over the 12 plus months prior to suspension is a real concern to me “nothing to see here” attitude. If it goes to shit, heads will roll, ASX, hope you are up to speed ??
- Felix after this 3 months of suspension has not officIally come out in support of AVZ. This is not good IMO.
- the ”expert SHs” who have a hot line to “what is happening behind closed doors” have been saying for the last few weeks “not long now until sorted”, “shorters will burn”, “my info, all go next week” etc etc, are full of shit and have NFI - just like me.
- election is coming end of 2023 and corrupt officials along with Chinese government will do everything possible to get Felix out and re-establish the previous modus operandi.
I for one have seen enough, heard enough. I think NF did his best, but he and AVZ have been/ are snookered. We have a 1% chance of all the ducks lining up, Felix stamps out corruption, tells Z/ China to F Off, and AVZ go booming to production and a SP of $5 plus IMO. That is a big gamble.
Anyway, I hope we can get a few things lined up, a T/O or JV with US/ Euro or major AUS organisation and get say $1.50-2, then I will move on by selling two thirds and letting the last third run or fail.
100% I want AVZ to succeed to production, just can’t see it from here, so hoping for a deal to get SHs who want out without losing capital invested that previously hit $1.37.
show. Rant over. Good luck