AVZ 0.00% 78.0¢ avz minerals limited

Ann: Manono Lithium and Tin Project Operational Update, page-181

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  1. 492 Posts.
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    Hi Zardoz

    I find the following statement interesting (Ref: Activities Report for the Quarter ending 30 June 2021):

    “In the 21 July 2021 operational update, we indicated that the optimised DFS update will be released in July 2021, however the Board has decided to defer the document release as it undergoes further internal reviews ahead of a decision regarding the award of the Mining Licence.”

    I am surprised that the board decided to embarrassingly change its song sheet just a few days after releasing its operational guidance.
    In the absence of credible explanation, I can only conclude that the Minister's staff found the document either non-compliant or inadequate for full consideration, and asked that it be redrafted.

    Cheers
    F
 
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