AVZ 0.00% 78.0¢ avz minerals limited

Ann: Extension of Exclusive Due Diligence Period with Locke, page-57

  1. 2,979 Posts.
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    Credit to @hoots he spends so much time here, the amount of effort spent is more than any holder, so credit when due, thanks for wasting your time on something you don't hold.

    Credit to @toolate, his posts are simply hilarious. Comedy is all about execution and toilet has proven to be quite the clown, thanks for being the butt of all jokes.

    Credit to avz, Locke is in tow and clearly a heavy diligence done by competent stakeholders. The fact diligence continues is a) a vote of confidence if truly judging probability of success or b) simply a bargaining tactic to make sure zinjin Comminier know they can not wait it out. This was always what we thought and I expect the same play. Locke takes 200k for the privaledge of supporting us. Fair,
    What matters has always been icisd and icc outcome.

    Icisd should very soon conclude the reinstatement of license and the stoppage of further works. That's enough to crush drc dreams of a battery hub whilst lining a few pockets.

    As for icc. A liquidation of the fine basically bankrupts comminiere and in doing so the tables are reversed, avz is cashed up, comminiere loses the war of attrition. Will zinjin show cards publicly or simply buy avz? What woild be the logical conclusion for an international organisation?

    What about delist? Does it matter? Avz is unlikely to ever raise funds on market as it would be a ridiculously low price if they didn't have the asset secured. Any funds would be debt funding. Delisting is therefore an embarrassment and an inconvenience for all of us, but to suggest it's a deathblow is yet another wasted investment by our most invested member or yet another joke by the chief clown..
    Last edited by sf120: 02/04/24
 
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