AVZ 0.00% 78.0¢ avz minerals limited

Tolate just to help you not spread misinformation, AVZ and Lock...

  1. 285 Posts.
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    Tolate just to help you not spread misinformation, AVZ and Lock have both singed a binding term sheet for finance funding of $20 million. Not an MOU. Or. MOO. Upon lock completing and being satisfied with due diligence on the legal position of AVZ and their actions to date ( governance and procedural) Lock are committed. Via the binding agreement to provide funding.

    Given Lock specialise in funding these types of cases one would assume if they are complete due diligence and are satisfied then they will be signalling that they believe AVZ has a very good case and Chance of getting the DRC to either.comply with their own mining code and award the ML to AVZ or pay damages to AVZ that would be quite substantial, even country braking
 
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