AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-82574

  1. 233 Posts.
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    The fallout with those relationships was the end result, but where did the breakdown start, and what was AVZ's contribution to the bad blood? One of the reasons given for the cancellation of the decree was a breakdown in relationships with Dathcom shareholders. The issue in 2021 with Dathomir set us on a path of conflict. When Dathomir reached out to renegotiate, they were ignored. Dathomir then sent a letter cancelling the SPA's, which was ignored. AVZ's lack of disclosure about these events to the market was also ignored. Even if AVZ believed their position was correct, totally ignoring Dathomir was not the best way to maintain peace with Dahtcom shareholders.

    Nigel stonewalled difficult conversations at roadshows and refused to take questions at the AGM. He doesn't seem adept at handling difficult situations and tends to shut down rather than engage, which is indicative of how he dealt with the Dathomir situation.

    Sure, Zijin came along and stole our vehicle, but AVZ effectively left the keys in the car through their mismanagement of relationships.
 
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