AVZ 0.00% 78.0¢ avz minerals limited

Ann: Vesting and Lapsing of Performance Rights, page-23

  1. 1,988 Posts.
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    I agree with you on the performance shares..

    Based on previous two years we should see a cash report for the quarter end of July. So in a couple of weeks.

    On the one hand I thought that getting 5% from Dathomir did add credibility to getting another 5% from Cominiere (which in turn did suggest equity for bridging finance). But on the other hand just about everything that has happened after the election in the DRC (from appointing a Prime Minister, to establishing a ministry and government has taken a longer time than I would have expected) so I doubt that we will see Cominiere coming back in time (before end July) to avoid what is likely to be a cash position in the quarterly that suggests a cash raise will be needed soon.

    Still about transport and about staying solvent until there is a transport solution in my opinion.

    Not seeing much happening on the ACGT facebook site re progress on the route 617 into Manono.

    This is not a stock to fall in love with. But its certainly been educational.

 
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