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78.0¢ avz minerals limited

Ann: Extension of Exclusive Due Diligence Period with Locke, page-28

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pow4ade

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02/04/24

12:15

Post #: 73146638
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Originally posted by DannyC25: ↑

You know the answer but if you read my posts, I outline the immediate sources of finance (no guarantees). Cominiere has to be priority No.1 b/c even an immediate part payment of say $20M in fines would be sufficient funds for about 12 months (minimal to no drilling). Getting them to cough up may be a challenge (who oversees enforceability?). I was hoping to see more from today's announcement, frankly, however we will get a clear picture by mid April.

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Forget Comminere, they're broke. Remember they requested an advance on dividends years ago. And give up on your funding phobia, we're over it. Anxiety will get you nowhere.

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