Share
808 Posts.
lightbulb Created with Sketch. 354
clock Created with Sketch.
12/07/24
11:52
Share
Originally posted by sf120:
↑
great point, the bargaining power AVZ has by continuing to be a going concern accrues as time passes. Adding to this The value of the company accrues as EV penetration occurs How does Comminiere pay the bill? they will need to cede 30% to pay the bill. Noting they dont have 30% ownership, makes for interesting bargaining. -Does AVZ settle the bill for the south and partial ownership of the north? This is the likely outcome -Does avz settle the bill for a mining license on the entire acerage? -Or does AVZ force the payment and effectively bankrupt Comminiere but also push back our timelines Comminiere could always refuse to comply but they would be facing ICC and DRC will be facing ICSID so any non-compliance isnt as simple as one persons agenda. Where's Locke? The reality is we dont need the money till October, why rush with a loan shark? wait it out
Expand
Great posts SF120 and Mustang Elenoar, the posts actually have suggestions as to how we could overcome the problems facing shareholders and some common sense commentary on the funding situation. Many thanks