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78.0¢ avz minerals limited

Ann: Extension to Voluntary Suspension, page-220

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mackeral

3,716 Posts.

259

02/06/22

20:26

Post #: 61789582
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Originally posted by smiling_dog ↑

Completely, but also not the point.

1 week suspension - ok working through issues to get back on track.

another 10 days suspension - minor issues still not complete

further 1 month suspension - I don't think this is the same at all, as it clearly indicates major issues to be resolved.

The shareholders deserve to know a status update in the nearly month of suspension already, and further month ahead. Where management are, and what the plan is. The initial halt notice no longer correlates with the situation.

2 things ONLY will prevent this from crashing on re-opening:

1. Confidence in the DRC government and ownership certainty.
2. Complete trust of Management/BOD, transparency, and clear direction.

AVZ can only influence point 1, but have total control over point 2.

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I wonder if the ASX will be the hold up now.
I'm guessing they want to know why shareholders were not informed..
I think the big ASX stick will be out here for awhile checking everything to make sure there is no comeback on them..
This could go on for a year I recon..
Just interested in what's going on here..
Hope it all works out and CCP get nothing..
Grubs..

AVZ Price at posting: 78.0¢ Sentiment: Sell Disclosure: Not Held
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