AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to raise $15 million to fund Manono Project, page-335

  1. 682 Posts.
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    My last comment on this...I held 20m shares and 9m options in VRC..the deal with the Chinese investors was done ...rumbles of legislative changes in Tanz concerned me...I sold all shares 1 week prior (July ) at reasonable profit but was caught on the options exit...Tanz did suit my risk profile but the "risk" changed 180 degree over night..can happen in any unstable country with corrupt govt ..these Aussie ASX listed companies are stunned ..this is still unfolding but the alert must be given to other potential investors in Africa..very big risk and the DRC govt will want a big slice of AVZ if the DFS indicates the potential SN is ramping.
 
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