RM takes AVQ out of the SI mining game with 4 ducks in 1 innings.....!!!
1: AVQ loses its Foreign Investment status in SI.
2: San Jorge Isld operations are closed indefinitely.... & possibly forever.
3: AVQ can not operate anywhere in the Solomon Isles....until RM's litigation is heard & determined by the courts.
4: AVQ's Guadalcanal operations & investments are halted by default.....well done Mr Mount & you never mentioned this oversight in AVQ's Sept '19 activity report.
I guess the regulators will take this up with you, as they well may also re the delay in time for AVQ to have officially advised the shareholders & the markets of the SI Foreign Investment status cancellation which has been publicly spoken about for some time including in the SI press & tabloids.
In summary AVQ has no money in the bank, no operations underway anywhere & is locked down in the SI's. Yet RM will continue to draw down some part of his $1million PA salary.
Oh yes... according to RM in the latest Sept '19 activity report, a desktop review of the Aussie tenements continues (as it has since June '18 according to the activity reports since then) ... gee it must be some intense & meaningful desktop review.
AVQ's CEO proves to shareholders his value & title claim yet again. Outstanding performance Mr Mount.
And what about the 50% interest & share dilution shareholders are going to stump up, for the approx $800k RM has locked shareholders into just to keep his salary covered & the lawyers paid according to the Sept'19 reports !!!!!
A true genius at work indeed.
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