AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to raise $15 million to fund further work at Manono, page-237

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  1. 601 Posts.
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    From the ann...

    Our existing and potential Chinese partners have told us they are looking for advancement of the project prior to making further commitments, and we are now funded to achieve this goal.

    If they were currently interested, wouldn't they be the ones doing the deal and not waiting for it to be proved further (IMO this isn't aimed at the resource, I suspect logistics is the key issue). At the moment they are happy to wait for progress. How many times have people claimed they won't wait for any more drilling, won't wait for a JORC, won't wait for a PFS because they like it so much?

    Yet here they are waiting for further progress to be made, and this is coming from the company.
 
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