AVZ avz minerals limited

KoBold Makes Offer for Congo Lithium as Country Courts US, page-2539

  1. 601 Posts.
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    it’s reasonable to assume, AVZ may be in breach at a criminal level for its non-compliance with laws and regs on continuous disclosure in 2021 and 2022 (and 2018). This is without considering any bribery scheme that the AFP are hunting for (AFP may not do anything for political pressure reasons-it happens).

    So with that in mind, AVZ may not be able to access funds other than from directors selling personal assets.

    it makes sense then to mitigate any judgement by showing shareholders overall fared well.

    anything above 50cps should keep most skeletons in the closet and dodge a jail sentence potentially. IMHO


 
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