AVZ Discussion 2022
- Thread starter GazDix
- Start date
DiscoDanNZ
Regular
Assuming the license comes and we resume trading I'm expecting to see a flurry of selling but mostly from people who have been trapped or frustrated and need the money out ASAP, not necessarily a wholesale sell off. I'm hopeful people are seeing through the corrupt shenangins in regards to the ownership percentage but the market never likes uncertainty. I also don't see the new coming out today, maybe tomorrow?
Shorters must be shitting their britches
Shorters must be shitting their britches
oxxa23
Regular
Unfortunately i think shorters are sitting pretty...
ASX200 dropout, investors spooked on sovereign risk and investors needing cash.... all play into the hands of shorters, whom all undertook the transaction at much higher share prices...
part of me thinks they'll let a week or two playout on the market... then they'll put out news to progress and start supporting share price... of course... complete guess...
At the roadshow, a few strategies was discussed to help stabilise the share price when we open.
DiscoDanNZ
Regular
Any chance you could PM me more info?
I believe it was 100-150 million.
MoneyBags1348
Top 20
Well here’s my thoughts for the day….
Australian lithium companies operating in Australia are making huge progress
LTR up over $2:00
CXO up around $1.80
No use blaming Nigel for our delay. The corruption in the DRC has prevented AVZ from having the mining license granted 6 months ago, moving to financial close and allowing the local communities around Manono to benefit from all the hard work, legal due diligence and local support AVZ has done over the last few years.
Thanks to the corruption and conspiring of Simon Cong (Dathomir), Adele Kayinda (Minister of Portfolio), Jean Felix Mupande (DG of CAMI), Cominiere and Zigin, and the incompetence of Jean Michel Sama Lukonde Kyenge (Prime Minister) all lying to the local communities and getting away it, just leave’s you with one question….
Who the fuck would want to invest in this dud country other than the corrupt Chinese.
It’s beyond any reasoning to think that the US or European companies would want to do business in such a corrupt backward country.
Maybe that’s why the corrupt entities mentioned above are conspiring with Klaus Eckof (AJN)
Felix was supposed to bring hope to the DRC, but the above mentioned conspirators have prevented this happening every day for the last 6 months
Australian lithium companies operating in Australia are making huge progress
LTR up over $2:00
CXO up around $1.80
No use blaming Nigel for our delay. The corruption in the DRC has prevented AVZ from having the mining license granted 6 months ago, moving to financial close and allowing the local communities around Manono to benefit from all the hard work, legal due diligence and local support AVZ has done over the last few years.
Thanks to the corruption and conspiring of Simon Cong (Dathomir), Adele Kayinda (Minister of Portfolio), Jean Felix Mupande (DG of CAMI), Cominiere and Zigin, and the incompetence of Jean Michel Sama Lukonde Kyenge (Prime Minister) all lying to the local communities and getting away it, just leave’s you with one question….
Who the fuck would want to invest in this dud country other than the corrupt Chinese.
It’s beyond any reasoning to think that the US or European companies would want to do business in such a corrupt backward country.
Maybe that’s why the corrupt entities mentioned above are conspiring with Klaus Eckof (AJN)
Felix was supposed to bring hope to the DRC, but the above mentioned conspirators have prevented this happening every day for the last 6 months
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I am definitely no expert on this, but are we all making assumptions that the funds who must exit AVZ due to us dropping out of the top 200, need to or want to do so on the open market? Would it not be possible or even likely, that funds who must exit would be making arrangements with others who wish to enter once we have the ML, and do this via an off market transfer?
Yep it's f--king joke . As we sit here rotting away other Li stocks are going gang busters .
Samus
Top 20
ELPHAMALE dropped a tweet on the 13/11 @ HC, same intel we got here about AVZ supposedly getting the ML.
I have big raps for this poster, doesnt get more informed , invested than him / her in the AVZ cause, so war drums and a bit of dot joining............aka 15/11 ................................... 18/11 AGM, gives me hope that this week could be a significant turning point from this disastrous last 6 months or so.
Waiting for the bell.........
Just a feeling, nothing more.
imo
I have big raps for this poster, doesnt get more informed , invested than him / her in the AVZ cause, so war drums and a bit of dot joining............aka 15/11 ................................... 18/11 AGM, gives me hope that this week could be a significant turning point from this disastrous last 6 months or so.
Waiting for the bell.........
Just a feeling, nothing more.
imo
Unfortunately the shorters will probably be okay and not burn in hell like they should
The big losers could be the index funds
Had to buy in when AVZ entered the ASX200
Will have to get out potentially at lower prices when AVZ come back to trading
Then as the SP recovers (as we suspect with ML, further announcements, revised numbers etc) AVZ could very well qualify again for the ASX200 in the not too distant future
At which point the index funds will have to buy in again at a premium price
The small amount of comfort for me with the shorters is at least they've been coughing up interest for half a year.....
John25
Regular
With current pricing of SC6 plus PLS and Tin
Work out payback on project for a 4.5 mtpa output.
Could be pay back under 2 years .
3 billion$$$ plus turnover.
if no new investors ...which highly unlikely on the profits company will be making . AVZ will be paying dividends .
oxxa23
Regular
i guess a lot of the index funds did appear to take short positions or lend out shares for short positions when they entered, so that likely counteracts a lot of their exiting...
Ashlee
Regular
This is the current short position, the large increase occurred simultaneously when the Index funds brought in March 2022 around the 80c mark.
Attachments
Hi Winenut
My understanding is that index funds have plenty of time to unwind their positions if necessary. If AVZ remains out of the ASX200, index funds will need to report their positions by 30 June 2023. They have seven months.
Cheers
F
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