AVZ 0.00% 78.0¢ avz minerals limited

Ann: EmiAfrica commences Environmental and Social Impact Studies, page-20

  1. 3,909 Posts.
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    Do u not think it would be better for the company to have 10 to 15 million in the bank whilst negotiating finance post DFS ? if they don’t raise anymore as of now how much will they have come Q1 2020 , 2-3 million , ? A very weak position to be in whilst looking for 100 odd million in finance ,
    Just my thoughts ,
    Also , have we not been in this position before ? I think there needs to be another raise to create some sort of buffer for any drawn out negotiations or let downs .
    Happy to be corrected
 
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