that was for the 10mt p.a... not particularly for the updated 4.5mt p.a.The vibe I got was BFS might be held until we secure extra 15% ownership. Or whatever that ownership works out to be. Huge difference to bottom line.
I also think that once ML is legally secure, Zijin arbitration may disappear.
I think Franck is on the money here.Agreed. If we have been issued the ML, I would expect a lot of Twitter noise in the next 12 hours before an announcement comes out tomorrow Monday AM. Finger
Haha, all good mate. 2 licences = 16 craysI'm guessing simple butter, salt and pepper with a wicked hot grill.......
Oh and by the way the original catch photo looked like about $750 bucks of cray minimum!
Is that legal???![]()
Haha, all good mate. 2 licences = 16 crays
Unfortunately i think shorters are sitting pretty...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
At the roadshow, a few strategies was discussed to help stabilise the share price when we open.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.
I believe it was 100-150 million.Does anyone recall how many shares were purchased by index funds?
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?At the roadshow, a few strategies was discussed to help stabilise the share price when we open.
Yep it's f--king joke . As we sit here rotting away other Li stocks are going gang busters .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
Things are changing with the media pressure soon there will be a new announcement...