AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-55

  1. 2,826 Posts.
    lightbulb Created with Sketch. 627
    Question: When capital raising occurs, which shares get bought out? Does the company have a special allocation? Does dilution occur?
  2. 5,890 Posts.
    lightbulb Created with Sketch. 1869
    Agree that it will be CATL.
    they need to secure part of that 6 billion dollars EV contract that VW are offering?

    AVZ do not need a capital raising now as the 20,000 metre drilling is fully funded.

    If Huayou are to proceed to mining at Manono and retain a controlling stake in the project they would need a secure off take to facilitate bank financing.
    looking good .
    all imo
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.