AVZ 0.00% 78.0¢ avz minerals limited

AVZ Buyback Offer, page-67

  1. 799 Posts.
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    read the SDL Announcement. If payment is not made by end of Sept on the agreed terms then SDL continues to take the Congo Govt to arbitration.

    Understand SDL also has 15.3% Chinese ownership by a SOE....

    https://hotcopper.com.au/posts/74673452/single provides good feedback on some calculations I attempted to make to see what a deal might look like for SDL shareholders based on just Congo paying up. There is still Cameroon side to deal with as well.... Surprising how much Burford take and that they previously took home $6B in a case they won with the Argentine govt.... I learn't a lot from the exercise and comments received back by MrClean.
    It has been over 4 years to get to this position with no formal court sittings yet... Its a long road....
 
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