Where did I say FIRB of Chinese Govt Approvals (READ THE ANNOUNCEMENT IN BOTTOM PARAGRAPH CHINA GOVT NOT APPROVED YET) would reject? I said you have little to no chance of getting that end of this month both approvals and with virus unlikely by end of next month.
If you do not receive by end of next month and assuming AVZ only spends to budget which historically they have always spent more than forecast then welcome to a capital raise as the company will have less than AUD 160,000 in the bank account as per last quarterly reported.
Now good news is AVZ knows the Pattersons guys whom at AVX broker and financial advisor. Welcome to round 2 of worlds best capital raise.
If you want to stick your head in the sand that is your perogative. I chose to watch and wait with popcorn at the ready.
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