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78.0¢ avz minerals limited

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Brendo726

221 Posts.

164

25/08/24

08:41

Post #: 75360337
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Originally posted by sf120: ↑

Except icsid and icc have a finite duration, even if drc drags it out, zinjin will not build a mine if there was no security of ownership, so manono doesn't get built as long as this proceeds.
Furthermore, icc awards will come much faster than icisd, comminere won't be able to afford the fine they are due to pay.

Yes avz could run out of cash, but the bill for litigation is far less than Nigel's 58m in shares he holds, what would happen first, Nigel and shareholders relinquishing their ownership for nothing or stumping up 5m to keep it going?
Locke the obvious path forward, how about other litigation funding companies who have icsid and icc outcomes as confidence to fund this?
The cash running out theory is simply a fools play at achieving the desired outcome.

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The Chinese have put a tender out to start construction of the mine. Also the new MOM has been called out by a governor and has to respond to basically allegations of corruption in another province related to Chinese mines. These grubs give zero f*s.

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
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