AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to raise $15 million to fund Manono Project, page-333

  1. 689 Posts.
    lightbulb Created with Sketch. 228
    Look at what happened in Tanzania last month…simply peruse MNS announcements … there are many other companies effected… some still in voluntary suspension until they work out the effect of the legislative change shock that hit the country… VRC was on the cusp on obtaining survival capital from large Chinese construction company who wanted VRC's graphite to use as expandable graphite in construction, now on hold and VRC down to $1m cash convertible note raising … look at the gold plays involved and other ASX listed companies… I urge you to spend about 1 hour researching what happened (is happening ) to many companies effected after the Tanz government ripped up contractural agreements and snatched equity and royalty income streams literally overnight. Tanz was considered the safest African country in which to invest due to "stable" govt…disaster for Aussie companies … DRC known as volatile and cursed with tribal control issues… the indigenous people live their lives by superstition …ie the juju … it's frightening how they can be controlled… happening today and getting worse.…the Tanz govt behaviour is a wake up call .
 
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.