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AVZ avz minerals limited

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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-42

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zenoah

906 Posts.

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01/11/23

11:38

Post #: 70663426
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Originally posted by Sungar ↑

Wrong, this company has been informing the market since August 2021 that it had "EXERCIZED" the option to increase it's ownership of said tenement to 75%. Ever since the 40 million CR. One would think if funds were still being held in escrow and not yet accepted by the seller, the buyer should not tell the market it has exercized the transaction and is now the owner of the purchased product. Yet again, they are in serious breach of asx listing rules. A class action is surely the best way forward here for SH's IMHO and I do hope any holders get something back from the slimy headhonchoes in Perth.

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You require a lesson in common law
Exercised the option relates to AVZ completing there contacture requirements and are now by law the legal owners
Go find another furphy

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-42

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