Ground Hog day...again....Over 3 months and we haven't even got a date for arbitration yet, nor a single word or action from the DRC government directly in our favour (yeah yeah they want to shuffle some ministers around, but come on let's look at the big picture and be realistic on time frames), I've been saying September before we hear anything for over a month, and hear we are, but I'm honestly starting to lean towards 2023 before all of it is sorted, not even joking unfortunately. Put it this way, based on current progress(or lack thereof) I think we'll be extremely lucky to have this all sorted before 2023.
Management have clearly been caught off guard by the level of corruption over and over and over again, and we all know now that on market (and even off market to multiple shareholders) they will attempt to cover it all unless their back is totally against the wall. No amount of shareholders hot air up each others arses will fix this, it is the DRC ppl, media and government who need to put this right, and they're not quick at doing a single thing (except taking a bribe), so If we don't have an official arbitration date in the next week then I'll go with Feb-Mar 2023 (Dec 2022 if we're very lucky).
Not interested in those who say 'oh but the suspension is not for that'...meh, it's all related and this needs to be sorted before the share price will move where we all want it to.
I sound negative, but I'm actually still positive this will all go down in our favour and we'll go well north of $2 eventually, but just not in the time frame we all want. I also would love to be wrong on the time frame.
- Forums
- ASX - By Stock
- AVZ
- Ann: Extension of Voluntary Suspension
Ann: Extension of Voluntary Suspension, page-27
-
- There are more pages in this discussion • 142 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