AVZ 0.00% 78.0¢ avz minerals limited

Speculation continuing, page-98

  1. 4,786 Posts.
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    Totally agree on no drilling results prior to DRCs decision

    'Any decision declaring the ministerial order invalid would not extend its effect to the subsequent granting of PR13359 to AVZ’s joint venture partner Cominiere), and it would be for the administrative authority to decide what compensation (if any) should be granted to Manomin as a consequence of the wrongful forfeiture of its tenement.'

    the company ain't going to start pumping out cracker drill results with 25,50,100m intersections, which would stick it on a lithium pedestal with a potential price tag of 2,3,4 etc etc hundred million MC.

    The bigger that potential lost opportunity for Manomin Sarl ( drill results would be a great indicator of that ), due to the cancelling of the mining right; should it be decided that it was wrongly forfeited ; would most likely only lead to a hiking of compensation payout.

    Manomin won't be getting the tenement back, this is a compo hunt; the granting of the tenement to AVZs JV partner Cominiere will remain in place even if its decided that it was wrongly forfeited and this is what many side liners probably don't realise. A decision in favour of Manomin would likely result in a sell off by some holders and these will be welcome pickings by others
 
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