AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-73

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  1. 1,848 Posts.
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    @Scarpa

    Given they had funding already to do 20,000 metres of drilling - why not just do that and define a JORC first?

    With no other reason than Cash Raising mentioned in the trading halt request it seems unlikely there is a potential deal or JV involved - if there was why not mention that in the trading halt?

    Very interested to see how a straight cash raising is in the interests of existing shareholders when just defining a JORC seems to have been an option that would have, apparently, inevitably increased value.
 
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