AVZ avz minerals limited

Ann: Half Yearly Report and Accounts, page-68

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    Following this report I expect an operational update to be provided fairly soon. The directors report clearly ties the outcome of the ICC arbitrations to the issuing of the mining license which despite previous speculations this would be the case, really is a game changer. Operational update needs to outline; 1) How they plan on financing the next 24 months including projected legal fees and changes to operations on the ground and salaries etc. 2) Do we have any other options available, however unpalatable they may be? any credible takeover offers / settlement offers by Zijin / Cominiere? 3) Voluntary suspension impacts and options considered and perhaps voted on including consideration of potential delisting if the described case of waiting until September 2024 eventuates.
 
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