What are you DRIBBLING ABOUT NOW...! I was a S H before you were...!... More to the point NIGEL invited the CHINESE to be S H ...! But now these S H voted against the present B O D...imo..?
AVZ and Yibin Tianyi continue to progress the finalisation and execution of the binding offtake agreement for product from the Manono Lithium and Tin project (“Manono Project”).
The Sunset Date for the satisfaction of conditions precedent for the Yibin Placement has been extended to 30 April 2020 to accommodate a request from FIRB to extend the statutory deadline for Yibin's FIRB application to 10 April 2020.
The Chinese Overseas Direct Investment approval is substantially advanced and a formal decision will only be made until all conditions precedent including FIRB approval have been satisfied. All other conditions precedent to completion of the Yibin Placement are currently satisfied other than obtaining the necessary Australian foreign investment and Chinese Overseas Direct Investment approvals.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
