AVZ 0.00% 78.0¢ avz minerals limited

Ann: Ministerial Decree Received to Award the Mining Licence, page-510

  1. 1,850 Posts.
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    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%...


 
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