Originally posted by Fangk
Originally posted by ericson
Hi raf
I am clearly openly pro the AG NF AVZ team and prospects . I could be wrong but that’s my belief.
People should read the history of all posters (not just mine) to get a clearer understanding of the poster and their (true) sentiment and maybe any agendas they may have .
My sentiment is clearly bullish but in the short term (last 12 months) I have been drastically wrong. However , having considered all facts available to me I believe this company’s SP will grow steadily over time and that it’s final price will only remain less than a dollar if it is taken over before it can mine itself.
I think (quite reasonably) it’s too early for genuine longs to be attacking the current mgmt team . It’s not in their self-interest and one night question the motives of those who continue attacking beyond having their initial anger rant .
AIMHO
Mate, what's your views on the way of this SPP pricing and timing? Before the announcement SP was in 7+ c.
I’ll give you my view. At first it was ouch and WTF and it’s still hurting as no one wants their paper valuation to keep getting destroyed everyday. The horrible thing here is that a lot of innocents and short termers get slaughtered when they can’t hold for the long term , haven’t invested only what they can afford to lose or lose all nerve and confidence in the company and sell at these ridiculously low prices . Sadly no one can protect against this but it makes the smug yet savvy pumpers and dumpers all the more detestable, especially when they gloat.
But then I gave it some in depth thought. Apart from the sellout casualties it’s a long term win/win and necessary action for the longs . It gives Avz up to 15m. It’s a painful dilution but means Mgmt can remain independent to dfs and dilute any parties who may be obstructing progress to mine or Jvs or in fact played Avz with unfulfilled promises or assurances . It ties in with trying to get more % ownership as this will give Avz more mining revenue or make them more attractive to other parties ( it may be a precursor to a better deal). Whatever the reality we need independence to dfs in late summer when we can just sit and wait for the quality lithium undersupply to bite in late 2019 and into 2020.
It’s tough medicine but flushes huayou out one way or another and ensures survival to JV/ot snd mine or TO at 50c+
No proof but that’s how I’m seeing it or hoping it if I’m honest .
AIMHO
