AVZ 0.00% 78.0¢ avz minerals limited

Thanks to the posters that are working diligently to ensure this...

  1. 142 Posts.
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    Thanks to the posters that are working diligently to ensure this forum provides positive updates to keep Shareholders spirits up. Its a hard slog.

    In response to Arnobay – Lets face it, we can all understand the frustration and anger that many LTHs have had to endure during the suspension.
    However to your point, many LTHs were well aware of the risks involved from investing in the DRC and other security factors long before our DFS was produced. With the wave of new information coming out of the DRC in regards to meetings with new DRC officials (CAMI) and repeated reference in the Kongo Press to the DRC General Inspectorate of Finance report documenting the illegal transactions undertaken by Cominiere and Dathomir, hopes are rising for a positive resolution to the stalemate in the award of the ML for Manono. I hope the LTHs are reading between the lines and don’t plan on rushing for the exit, as you say, when official trading of this stock resumes.

    One point that you should understand is that at the Roadshows held prior to our Shares going into suspension information was given that there would be a wave of announcements released to the market near to or when the ML is announced. These announcements IMO will update previous information on the full scope of the Manono project and its true value together with any new off take partners that our team may have been negotiating during the past 15 months. As we know, in the last 6 months there have been positive announcements released about the expansion drilling results for Roche Dure and I expect these updated findings would have most certainly been tabled with updated financial forecasts in discussions with the DRC Govt.
    These discussions will have been highly confidential to ensure information doesn't find its way into the wrong hands.

    The DRC is well aware of the worth that AVZ has researched, uncovered and documented about the project ever since we entered their Territory. No one else has committed the investment resources, completed the drilling investigations and findings or completed the building of the village to house future workers that AVZ has done.

    There are several compelling dates fast approaching which are going to expedite a move to endorse AVZ as the partner to the DRC.

    1. ICC hearing in September which the DRC Govt. and Zijin will not want to proceed.

    2. The Battery Minerals forum being held in September with AVZ as the Head sponsor

    3. The Elections in the DRC in Dec.


    IMO Our Board will be ensuring that our big Institutional investors, Off Take partners and many investors in our top 20 shareholders will be briefed on this new information to ensure the SP does not fall on open. So do not be surprised, prior to the ML being approved that announcements are released and our SP is re-rated from its current price.

    Last edited by Amovatio: 18/08/23
 
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