AVZ 0.00% 78.0¢ avz minerals limited

You are a holder, so please do and reply on your own research...

  1. 331 Posts.
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    You are a holder, so please do and reply on your own research and do not let non-holder fear mongers scaring you like those Covid fear mongers in Australia the last 2 years.

    Nigel categorically stated that the minimum AVZ ownership is 51%. Reading between the lines, this means that even if for some unfathomable reason Dathomir is successful at getting back their 15% after AVZ had paid them US$21m in according to the sales purchase agreement, AVZ will still owns minimum 51%. What does this means? It means that AVZ will not proceed with the 24% CATL deal unless the company is 100% certain that they fully and legally own 15% from Dathomir. If there is even 0.000000001% doubt about this, the 24% sales will not happen and max AVZ will be prepare sell to CATL absolutely is 14% to ensure 51% majority.

    There is absolutely no chance that AVZ is willing to let go of majority control.



 
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Currently unlisted public company.

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