Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Ann: Arbitration Proceedings and Legal Update, page-52

First 52 Last

Share
Profile

Follow
tolate

11,679 Posts.

1075

21/10/22

09:02

Post #: 64313266
Share

Originally posted by Gouldians: ↑

So basically all the social media posts about Zijin walking away from arbitration is just utterly rubbish. Not only that, but AVZ have two legal fights to battle. Doesn’t sound like this is going to be resolved anytime soon.

These legal fights aren’t the formal reason for the suspension, the ML is. But the ML isn’t going to be issued until the ownership is sorted to indirectly the legal issues are the reason for the suspension. And if these continue to drag on, then so will the suspension.

At the end of the day, all countries decide who does what in their country. Laws allow companies to own and operate assets so if the DRC government was so on side with AVZ, they could just say they own x amount and here is the ML. Given they haven’t done this is surprising to say the least.

Expand

Agree fully
Just a huge mess that will take time to sort....?
Management also have not bee transparent in this matter in the past
Namely granting P R
They are prepared to say anything to get their way by the looks....imo
Their CREDIBILITY has been tested.....imo

BRING IT ON

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

PAT

Patriot Lithium eyeing up Zambia-based Katawaro copper project

LEX

Lefroy boosts near-surface gold resource by 13% to 439Koz

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

There are more pages in this discussion • 71 more messages in this thread...

First 52 Last

Add AVZ (ASX) to my watchlist

SPONSORED BY