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78.0¢ avz minerals limited

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WelshBuffett

2,003 Posts.

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07/05/24

09:25

Post #: 73697471
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Originally posted by Jazz101: ↑

There are about 7000 unlisted public companies in Australia. AVZ will soon be one of them. This makes it harder to raise cash and sell shares, but reduces operating costs. Delisting does not = bankruptcy, running out of cash does. if/when we get funding sorted (needed in the next few months s) we will be ok for a while while. We have a significant legal battle for one of the most significant resources on the planet . If we lose, yes your money is gone, if we win and we can recover fair value for the asset. You will likely get a nice payout. Take care and tune out to the pricks. Ask your self "why would non holders spend more time on here than people with millions on the line?" because they have alot to lose if AVZ is successful.

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does any one know what plan B is, if Locke doesn't provide the funds and we are unable to enforce / obtain the damages / fines owed?

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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