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78.0¢ avz minerals limited

Interesting to say the least, semantics at best; they...

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07/12/22

17:35

Post #: 65203210
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Originally posted by bombersmadd ↑

AVZ Last night claimed "neither it nor any of its representatives had any involvement in, nor any prior knowledge of, the transfers of mining exploration permits 12436, 12449 and/or 12450"

If we go back to the quarterly report on 30th January 2019, the 3 tenements in question AVZ has a 60% interest

If we then fast forward to the 18th of April 2019 Quarterly, AVZ just magically relinquished the 3 highly prospective tenements for no reason

Yet the Management Team are now claiming the company had no involvement or any knowledge of why they magically relinquished the 3 tenements in question.......

Management are lying to themselves and lying to the market !

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Interesting to say the least, semantics at best; they relinquished but deny any knowledge of a transfer to a third party of these tenements; relinquished to whom?
I hate to say it but not feeling so great about this saga.
Seems to have been sloppy on due diligence and details by management- let's see?

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