AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-136

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    "From the announcement

    “The Company understands the Federal Government believed AVZ’s forecast production of 87,500 tonnes per annum of lithium carbonate equivalent from operations planned to commence in 2022 (based on it producing 700,000 tonnes of spodumene concentrate (SC6)) was contrary to the national interest of “growing Australia’s critical minerals sector”.

    Right the announcement uses the word understands not reports or advises. Understands is softer it leaves room for the possibility that the company's good faith understanding could still be potentially incorrect - like if it is getting something from Yibin like a copy of a document or a verbal report that it hasn't seen directly for itself. .

    So its not unreasonable for a reader to wonder who the Company is quoting when it puts the words "growing Australia's critical mineral sector" in a longer sentence. If they were quoting the Federal Government from a document they had complete confidence in they might have provided a complete sentence from the Federal Government to give context.
 
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Currently unlisted public company.

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