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78.0¢ avz minerals limited

Ann: Disputes Update, page-74

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Mr_Tones83

329 Posts.

18

14/03/24

09:11

Post #: 72875906
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Originally posted by DannyC25: ↑

Not sure where ongoing funding will come from if Rocke Capital doesn't come to party & Cominiere doesn't cough up. I'm at the stage where I just want closure in whatever form. I think most shareholders want the same. An aside, I read the odd post suggesting we will relist & undertake a CR. Won't happen. The company's value is in the Manono project. Without a mining licence the company's worth is in whatever cash we have left & other assets we own (a bit of mining equipment). We have no other projects or income streams. That's our reality. Also, if were to relist without a ML the sp would crash to a cent or two. I'm sure someone will attack me for saying this but they are the facts.

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You're correct. Most people seem to think that AVZ needs to be trading to be able to raise capital which is not the case.
There are lots of options to raise while not trading, it just makes negotiation for the costs and size of a raise more difficult without market pricing and lowers bargaining power of the company.

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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