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78.0¢ avz minerals limited

Ann: Trading Halt, page-402

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sunrise05

348 Posts.

113

03/07/21

18:52

Post #: 54261837
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Originally posted by C-Dog: ↑

@sunrise05 - The simple answer is that AVZ were only ever responsible for any/all costs up until and including the DFS.

Now obviously Dathomir who previously owned 15% of Manono would have been responsible for 15% of the total post DFS/Mining costs ( not sure of their financial position ) however they have agreed to sell their ownership back to AVZ to avoid those inherent costs moving forward

just my thoughts, but I would encourage DYOR as I may be missing something ;-)

cheers

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Make sense.
They would have got finance and ride with AVZ to production.
Obviously that didn't fit their risks profile or suit their financial position at the time.
Miss opportunity ?? Time will tell

AVZ Price at posting: 16.5¢ Sentiment: Hold Disclosure: Not Held
3 Upvote

0 Great analysis

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