Regardless of whether the takeover succeeds or not, i would not be selling avb nor ozl at least until Centro gold gets the green light. This itself is a potential 200m$ in extra value given how much drilling that has been done, how advance it is and how big the resource/grade is for an open pit.
AVB is already in court to lift the injunction and the chances of succeeding are excellent as evidenced by OZL's opportunistic takeover bid.
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Ann: OZL: Takeover Offer for Avanco - Webcast, page-158
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