AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-82840

  1. 11,077 Posts.
    lightbulb Created with Sketch. 1015
    Well WHY did AVZ go down that PATHWAY...LMAO
    Also have BREAK FEE...LOL
    S H will be FLUSHED down that TIOLET by the looks...frown.png

    Where is the COMPANY ANNOUNCEMENT to support your ridicules ASSUMPTION...!..confused.png
    AVZ doesn't NEED the LOCKE deal...LMAO
    Yes we don't need it as by the looks it isn't happening...!

    • Locke is to undertake its due diligence as soon as reasonably practicably and in
    any event by 31 March 2024
    • AVZ will provide all reasonable assistance to Locke for the duration of the due
    diligence process
    • If Locke determines, on the basis of its due diligence, that it will not proceed with
    the Transaction it must immediately terminate this Term Sheet

    BREAK FEE

    In the event that the Term Sheet is terminated by AVZ, by Locke on the basis of
    due diligence, or the formal agreement is not executed by 31 March 2024 AVZ
    must pay Locke’s reasonable costs in relation to the Transaction capped at
    US$200,000
    • A break-fee of US$1,000,000 is payable to Locke by AVZ in the event that AVZ
    terminates the Term Sheet at any time


 
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