AVZ
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0.00% 78.0¢ avz minerals limited

Ann: Response to ASX Query, page-70

  1. Cosmoterios
    18,658 Posts.
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    13/04/18
    17:34
    Post #: 32445274
    •" If the Company completes a placement with a party introduced by Airguide, the Company must pay Airguide a fee of 6% of the total funds raised."

    This has not been disclosed by the company before - especially the Aug 2017 capital raising with Huayou Cobalt Group.

    Was that an Airguide introduction?

    Its material to the company - 6% of 13M is $780k.
    Last edited by Cosmoterios: 13/04/18
    AVZ Price at posting: 22.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 3  Great analysis
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