What is the future for AVZ? Company Announcement on 3 of APRIL 2024 Nigel said OMG... Nigel is prepared to say anything to get his MASSIVE WAGES...imo Where is the LOCKE DEAL, the BIG PATHWAY to success...LMAO...! I do understand why the DRC has no given AVZ a Mining License...
AVZ will continue to seek a fair and equitable resolution to the disputes surrounding the Manono Project with the relevant stakeholders and will continue to defend its rights through international arbitration in the ICC and ICSID.
As previously announced, AVZ is in advanced discussions with Locke Capital I, LLC and its investment manager, Locke Capital Limited (Locke) to secure a general working capital and litigation funding facility of up to US$20,000,000.
The Company is pleased to report Locke has now completed its due diligence and is working with AVZ to agree the terms of a formal agreement.
AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held