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0.00% 78.0¢ avz minerals limited

Ann: Half Yearly Report and Accounts, page-3

  1. th3p4rk2
    1,080 Posts.
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    16/03/23
    21:48
    Post #: 66811945
    Terrible news! It literally could not be any worse! Page 7 says 'the company is confident of a positive outcome in relation to the award of the mining license pending the outcome of the ICC arbitrations'. Page 24 section 10 'contingencies' quite clearly states 'An award in both proceedings is unlikely to occur before September 2024'. WTF?! Maybe I'm interpreting it wrong but sounds like we should not expect this to be over for at LEAST another 18 months
    AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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