Ann: Share Purchase Plan Closes Oversubscribed, page-160

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jonatb

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25/02/19

08:05

Post #: 37550409
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Originally posted by bigal36 ↑

So who is that person?
If you make a comment like that you should back it up with some evidence.

I could easily say I have had a few conversations with one of the largest Lithium players in the market and they recon the company will be taken over within the next 12 months at a huge premium to the current SP. It wouldn't be true but it sounds good.

I don't dispute that the company has been managed very badly and that they also have serious cashflow problems but at the end of the day they still have a huge Lithium deposit that someone will eventually make a takeover bid for.

Everyone knows that the company will never construct a full operating mine and start producing.
The end game here for the company is to get enough drilling results done to convince a Chinese company to make a bid for part or all of the deposit/Company.

I agree this is a hugely risky stock which is why I only purchased a small holding in it last week but it does have massive upside potential as well so at this SP level it is worth the risk.

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Well there is only two real deal makers in the lithium space. I speak to both of them. What AVZ sheep are lead to believe from the usual rampers in here are 100% bs!!!

If you have a decent holding in AVZ I strongly urge you reach out to outside industry experts. They are all happy to chat and give insights of what China really thinks of AVZ. The good and the bad.

AVZ Price at posting: 4.4¢ Sentiment: Sell Disclosure: Held
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Ann: Share Purchase Plan Closes Oversubscribed, page-160

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