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12/07/24
13:10
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Originally posted by sf120:
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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
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LMAO Well AVZ BOD were in a RUSH to get money with LOCKE , PRIOR to the NOV 2023 AGM...lol Maybe as i thought all SMOKE and MIRRORS prior to the AGM...! Check your own posts in NOV 2023 about the LOCKE DEAL...lol