AVZ 0.00% 78.0¢ avz minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-31

  1. 5,853 Posts.
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    Same old comments by holders about it not being long before an announcement and the lifting of the suspension. Holders have been saying it ever since it went into suspension. Yet here we are 15 months and nothing.

    The company is obviously going to say that it's anticipating receiving a mining licence. What else are they going to say? I highly doubt the company knows something we don't already know.

    The company is continuing as if everything is going to plan. Nothing wrong with that. However, it's going to quickly come to a halt in a few quarters when the money dries up. It'll be interesting to see how they raise capital and if it's via a raise, at what price.
 
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