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78.0¢ avz minerals limited

Ann: AVZI Successfully Defends Against Jin Cheng ICC Proceedings, page-40

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Dazzmac66

784 Posts.

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19/03/24

11:32

Post #: 72957283
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Originally posted by DannyC25: ↑

Zijin's game is sleazy & aided & abetted by a corrupt DRC Govt. Zijin have deep pockets & aren't short of a quid. Whereas we just have a project (Manono) & no income. What they're doing is dragging this out until we run out of money. I've been banging on about our need to raise funds soon but no-one on this forum cares (fine with me, no skin off my nose). We'll see if we can get the fines Cominiere owe us (about $30M). We should also know by the end of the month if Rocke Capital will commit to the $US20m funding facility. It's all that matters to me at the moment. We'll be right for a good year or two if Cominiere coughs up. What I don't understand is our options if they don't pay the fines. As I've said before I expect an announcement on finance by the end of the month b/c it's now time critical.

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AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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