AVZ 0.00% 78.0¢ avz minerals limited

Ann: Half Yearly Report and Accounts, page-4

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    On 27 February 2023, Dathomir objected to the confirmation of the co-arbitrator designated by AVZI in the ICC case No. 27425/SP. AVZI is preparing a reply to this objection.


    AVZI remains of the view that it will be successful in the Dathomir proceedings. An award in both proceedings is unlikely to occur before September 2024.


    AVZ continued to affirm its legal rights to a 75% interest in Dathcom, the entity under which the Manono Project is held, and its pre-emptive rights over 15% out of Cominière’s 25% interest in the Manono Project with no claims from these proceedings expected to impact on the Company.


    I feel for LTH. AVZ is going to be locked in suspension for 18 more months the company expects. Given the the required flow on to permit and build the plant. Production at best 2026/2027 ...

    Last edited by Suni: 16/03/23
 
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