Do you really own 75% though? Management are saying they believe so in legal standing but it appears there is a legal contest regarding this.
IMO the sell off wasn't a result of Jin Cheng appearing (might have contributed) but a result of Dathomir claiming it terminated the agreement/option that AVZ has said to have exercised that increased it's holding from 60% to 75% back in August 2021.
Its big news and a worry. How long has management sat on this for? It's clearly material and the market should have been made aware asap.
I'd be asking management if a share certificate exists stating that AVZ's interest in Dathcom is 75%...
- Forums
- ASX - By Stock
- AVZ
- Ann: Ministerial Decree Received to Award the Mining Licence
Ann: Ministerial Decree Received to Award the Mining Licence, page-510
-
- There are more pages in this discussion • 301 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
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online