I've not been very fond of the % application idea.
I think presenting the expected announcement is good for readers who are unaware but TBH the same downside is there. for e.g if they presented Terrance Clee as the new chairman, I'd liquidate every last cent of holdings, I'd even find a way to short the stock. an executive of a global mining company yeh 50% possible. even on the low side.
funding IMO could trigger this to be worth 1-10times the market cap depending on the deal and timeframe you're looking at. like the jorc doubled the price. before it eventually halved again. so is a jorc worth 100% or 0%?
not a simple science I'm afraid. the major piece missing IMO is funding to mine, and the timing of which it is received will determine if avz goes mining and at what date. the rest, IMO, water under the bridge to that news.
SF2TH
AVZ Price at posting:
4.3¢ Sentiment: None Disclosure: Held
