Quote from latest announcement- "On or about 24 August 2021,...

First 76 Last

Share
Profile

Follow
ezlife

355 Posts.

140

03/11/23

01:05

Post #: 70701395
Share

Originally posted by sydneyguy: ↑

what are you talking about!!!!!

Avz Just put out it’s legal update today

it didn’t complete -

Avz says it’s position is that it satisfied the conditions of the options agreement but the other side didn’t complete its obligations

so simply it’s not settled

it In And out of court and is now fighting to enforce its rights- ie make Dathomir settle!!

From yesterdays discussion it merely outlined amoungst other things why it’s layer still held the cash

if it settled there wouldn’t be any of this mess and it’s currently fighting to have its rights enforced as it claims it did settle, it’s lawyer wouldn’t be holding the cash

it’s no different to Avz claiming it owns 75 percent of dathcom and then Claiming having legal title of 75 percent—- it’s been and is before courts and icc - they are stating thier position their believe

what’s the crux of it all

It didn’t settle- Avz want it’s shares in dathcom transferred at the original price agreed- that’s why it’s in courts and tribunals- are going the contract of why it’s didn’t settle

why it want that again?

because the matter did not settle , the matter is disputed between the parties

Avz claim it settled and satisfied the conditions but it did not settle- Avz is merely stating what it believes and is fighting for-

this is what it’s fighting for— actual settlement-

ie we want our dathcom shares, this was the agreement and this is the cash for the amount we agreed- we had a contract and it did not settle

aaaaark

Shssssh

Expand

Quote from latest announcement- "On or about 24 August 2021, Dathomir’s bank (on Dathomir’s instructions) returned the
US$20,000,000 balance of the purchase price to AVZI.
If you return something, that means you have received it.

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

0 Great analysis

Reply

Top Stories

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

RCE

Recce's R327 found effective against E.coli during clinical trial

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

There are more pages in this discussion • 21 more messages in this thread...

First 76 Last

Add AVZ (ASX) to my watchlist

Quote from latest announcement- "On or about 24 August 2021,...

Top Stories

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Recce's R327 found effective against E.coli during clinical trial

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Featured News