AVZ 0.00% 78.0¢ avz minerals limited

Ann: Extension to Voluntary Suspension, page-259

  1. 180 Posts.
    lightbulb Created with Sketch. 253
    "Pushed aside"
    by how much and on what?
    As per my Post #: 61811645, the 15% that Jin Cheng claim to have acquired from Cominiere was never AVZ's, we aspire to buy it off Cominiere through a negotiation, but that always had a chance of going to someone else. It'll be the difference between owning 66% and having had to pay for that extra 15% and all the equivalent stake in the mine costs or, owning 51% and keeping that money in our pocket and having someone else pay their 15% stake in the mine costs.
    Either way, the long term is very profitable for AVZ or very, very profitable.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.