AVZ 0.00% 78.0¢ avz minerals limited

Ann: Yibin Tianyi Withdraw FIRB Application, page-401

  1. 5,890 Posts.
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    Agree with others that a trading halt on Monday would allow time to progress alternative methods and provide further clarity regarding FIRB
    Yibin still can have a board member without an equity investment of over 10%
    Can be through an offtake agreement and management agreeing to Yibin having a board member while buying on market less than 10%.
    Nothing FIRB can do to prevent it.
    Result can be similar by balancing offtake pricing / terms to allow balancing price paid on market for shares.
    All Imo
 
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