AVZ 0.00% 78.0¢ avz minerals limited

The deferment of the Agreement with CATL IMO paves the way for...

  1. 142 Posts.
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    The deferment of the Agreement with CATL IMO paves the way for the company to make some major announcements regarding a Takeover offer during the next 3 months.
    All matters pertaining to the ML, ownership percentages etc are all being kept extremely confidential. Court decisions not being released. Our Management team have been extremely careful not to disclose who they are talking with or what outcomes may have been Agreed. And all this is happening while the US government officials are lurking in the background and increasing their momentum on visits and meetings with key stakeholders in the DRC.
    We will soon see if Shareholders are being asked to accept an offer for the Takeover of this Project..... An AGM which is usually held during the coming months would be the perfect timing to announce a takeover deal and get this signed off by shareholders.
    Could be very exciting times ahead for all long time shareholders. The figures being used for the calculation of the Takeover and net $worth and profitability of the Mine would all need to be based on the updated BFS. Our management team are the only one's privy to this information and for valid reasons.
 
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Currently unlisted public company.

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