Again your post has MERITSDidn't one of the B OD just sell prior...

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02/11/23

14:46

Post #: 70691593
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Originally posted by sydneyguy: ↑

sadly imo Avz response imo was totally vague and meaningless and attempt to cover their gross non disclosure of previous material issues relating to Dathomir settlement

end of the day- Avz did not disclose the Dathomir dispute immediately settlement fell over- the tribunal and court rulings , criminal charges damages claims, awards, appeals and actions

this dispute started and was ongoing way way way before the general finance inspector was appointed and did their report, well before the supposed hack or before they entered into discussions with dathcom shareholders past and present , stakeholders etc or before government ministers were appointed to investigate drc mining assets and the inspector of finance report

before any of these investigations reports hacks etc Avz should have informed the market about the sudden Dathomir dispute , and I’d argue it misled investors and those it raise mega millions from by not disclosing a dispute surrounding no settlement with Dathomir, tribunal crazy charges and awards which affected its 75 percent claimed ownership, which then tainted its claimed future shareholding post the catl deal

all the things they vaguely express as reasons for non compliance and thier ultimate asx suspension occurred way way after the Dathomir dispute broke out , as can be seen today it ( Avz) was frantic taking multiple , the ceo of dathcom had been charged with forgery and the company was appealing this insane situation

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Again your post has MERITS

Didn't one of the B OD just sell prior to the SUSPENSION.....Hmmmm
Did he know this was coming or in the works....?

MMGA said.....
While we agree that AVZ needs to protect its rights in relation to Manono, we cannot see how arbitration will bring about a successful long-term solution where AVZ shareholders will be able to benefit from continued exposure to Manono.

It is for this very reason, we are seeking to bring litigation experience and knowledge to the board in the form of Ty Ludbrook who can help advance these negotiations to provide a successful outcome for all stakeholders.

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

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