AVZ 0.00% 78.0¢ avz minerals limited

.. "AVZ will not have a problem finding the funds to continue"...

  1. 435 Posts.
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    .. "AVZ will not have a problem finding the funds to continue" ..

    .. Wombat, I hope you are right BUT why would anyone loan funds to a mining company who has run out of money while in dispute with the government that is withholding the ML? .. I worry that the ongoing delays, resulting in cash burn, could be the real problem as time progresses .. one of my share failures was an oiler who was granted loans to mine oil before COVID and then lost those 'binding agreements' because of the financial uncertainties created by the pandemic .. and, the oil is still in the ground and Woodside will be extracting it shortly .. but little old Far was buggered and nobody would give them a loan .. fingers crossed things are sorted before money becomes the issue .. JIMHO of course ..
 
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Currently unlisted public company.

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