AVZ 0.00% 78.0¢ avz minerals limited

Locke Funding Almost Certainly Dead In The Water If News Article is Correct, page-181

  1. 46,742 Posts.
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    You know as much as I do which has been limited to reading the company announcements.

    AVZ shareholders no longer have the safety net of the ASX under the continuous disclosure listing rule . The deadline for Locke to move from D.D to a signed agreement has passed and under the ASX umbrella would have had to provide an update to the market .

    So the possible scenarios are !

    1 - Locke have completed their D.D and have declined to offer AVZ funding but the company have chosen not to update shareholders at this point in time.

    2 - Locke have completed their D.D and offered AVZ a funding deal that makes Wallet Wizard look like the Salvation Army red shield charity appeal.

    3 - Locke have asked for yet another extension but AVZ have chosen not to update shareholders at this point in time.

    4 - AVZ have signed a funding deal with Locke but have chosen not to update shareholders with the details

    5 - AVZ have told Locke we will get back to you if we cant find a better deal- LOL yeah right
 
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