AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to raise $15 million to fund further work at Manono, page-6

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    Happy to admit that I got this one wrong. Was expecting a premium placement from a Chinese group but it looks like they would like more results first.

    Still going to a North American investor may have surprised them at this stage.

    We have now secured funding for our planned exploration and pre-feasibility programs through to the end of the year. Our existing and potential Chinese partners have told us they are looking for advancement of the project prior to making further commitments, and we are now funded to achieve this goal
 
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