AVZ
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0.00% 78.0¢ avz minerals limited

Ann: Cornerstone investor secured for Manono Project, page-50

  1. ipv6ready
    2,723 Posts.
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    27/09/21
    09:01
    Post #: 56364327
    AVZ and Cath would not have put in conditions precedent before 30 November 2021 for...

    • Mining Licence for the Manono Project being granted to Dathcom Mining SA (“Dathcom”)
    • The entry by Dathcom and the DRC Government into the Collaboration Development Agreement

    It does state parties can waive the above condition but it is significant to be written down. Lawyers drafting up $240m contracts don't fluff around.
    Last edited by ipv6ready: 27/09/21
    AVZ Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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