AVZ 0.00% 78.0¢ avz minerals limited

Having 7 directors for a company that doesn't have an active...

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    Having 7 directors for a company that doesn't have an active business operation, besides litigation, is wild.


    RE: Locke funding. I wouldn't be surprised if the deal has, in all respects, fallen through but final decision yet to be made as AVZ are on the hook for $1mil if it doesn't go ahead.

    The initial term sheet was a horrible deal to begin with IMO. What sort of competent management agrees to a $1mil break-fee clause..? Especially considering they claim they had "various potential funders" to chose from.
 
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