AVZ 0.00% 78.0¢ avz minerals limited

Ann: Yibin Tianyi Withdraw FIRB Application, page-101

  1. 3,076 Posts.
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    You must have chose to ignore this part then because you said Yibin have bailed.

    “Subsequently, Yibin Tianyi has engaged with the Company to negotiate alternative methods of investment in order to advance the Company’s aspirations of being a producer of lithium products from the Manono Lithium and Tin Project (“Manono Project”.
    The Company also advises Yibin Tianyi are still willing to progress the current advanced negotiations for finalising an offtake agreement for lithium products from Manono.”

    Your words “
    Bunker down I think the stock is going to be trashed on Monday unless there is confirmation from official sources that the reason they have bailed is as per the company release

    Yibin have not bailed. Yibin want the product and are negotiating alternative methods of funding as the announcement states.

    Funding being arranged someother way but without the dilution is good ....... right
 
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