AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-83016

  1. 46,686 Posts.
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    Talk of $3 and $4 payouts is delusional .

    AVZ are in dire straights as per Nigel's letter to the Sophs ratting the tin.

    The only hope is to see out year's of legal fights and hope the DRC eventually are forced to pay up.

    9 months of D.D from Locke couldn't even come up with $20m - AVZ will need multiples of that to see all the legal challenges through to the end.

    Administration looms large here, its knife edge stuff if they cant get together a substantial war chest of cash to see this through.
 
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