AVZ 0.00% 78.0¢ avz minerals limited

So many total AVZ amateurs here, short memories too or more...

  1. 565 Posts.
    lightbulb Created with Sketch. 257
    So many total AVZ amateurs here, short memories too or more likely, weren't even theeere maaan.

    I was there though and I do remember when Manono was acquired. Shares were issued, deeds were handed over, market cap went up, price was 3.4 - 3.5c odd....and also....there was a legal challenge saying AVZ couldn't own it because another WA company had the rights.

    Instantly the stock price went down to 1.7-1.8c as doubters sold out. And you thought today was bad.

    Thing is that the title was awarded to AVZ by the DRC government. For the court case to reverse the award of deed from AVZ they would have to rule against themselves (the guys that orgnanise the deeds) so everyone with a brain knew that wasn't going to happen. Sure enough, the case was thrown out and AVZ still is running the show in conjunction with the DRC government and more recently CATH.

    I'm sure plenty of people here would have been happy to be buying under 2c.

 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.