Very strong rumour, an Anglo American copper mining boss wanted to chair Manono. Instead, Nigel Ferguson’s old boss from early years, John Clarke it’s given the couch...
While I’m doubtful about @Scarpa ‘s ‘conservative’ assumption that Yibin and AVZ caused a delay through inadequate documentation, arguably, this capital raise raises questions about what exactly happened here.
From company announcement, FIRB is asking for extensions. Can AVZ avoid stating in same paragraph that more documentation has been requested by FIRB? Or is it just a case of low priority bin in chaotic times?
Either way this CR appears as a hedge to the delay and NF has had to ‘bite the bullet’. It’s odd because that approval can only be weeks away at most from all that has been suggested with investor/company interactions.
Something remains unsaid in this announcement, it might be just urgent cashflow requirements?
- Forums
- ASX - By Stock
- AVZ
- Ann: Yibin Tianyi $14.1m Placement Update
Ann: Yibin Tianyi $14.1m Placement Update, page-138
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online