AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZI Successfully Defends Against Jin Cheng ICC Proceedings, page-202

  1. 222 Posts.
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    Without a mining licence, we have nothing to sell. A buyout of Manono can only happen if we have a ML to develop the resource. Meanwhile, I'm eagerly awaiting an announcement from the company on finance. We're out of money soon without a capital injection. It's the most important short term announcement from the company. I'm expecting an update either next week or the following week. We'll be fine to continue to fight the battle provided Rocke Capital commits to the $US20M funding facility or Cominiere starts coughing up for fines they owe us or both. Just like a car without petrol can't go on a trip, we can't continue the battle with our adversaries without $ in the bank kitty.
 
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