AVZ avz minerals limited

We NEED a new Chairman., page-77

  1. 2,549 Posts.
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    Hey Scom so far we have

    Approved the sale to AVZ of a 5% equity interest in Dathcom – the holding company of the Manono Lithium and Tin Project (“Manono Project”).
    Tick that off yes...

    Next up

    Continuing the process to secure additional equity in the Manono Project from our main partner, La Congolaise D’Exploration Miniere (Cominiere”), and are awaiting the appointment of a new Managing Director of Cominiere.

    “AVZ’s team has been attending a series of meetings on this matter and we are hopeful of finalising a deal in the near future.

    “The extra equity in the Manono Project will add significantly to the bottom line and it is critical for project financing as AVZ continues its ongoing discussions with potential financiers and off-take partners”.

    Once that’s sorted the “Money from somewhere and quickly” as you state will come

    IMO if it was just a pipe dream of NF’s & AVZ Team then it wouldn’t / shouldn’t have got this far in such let’s say “testing times”

    it’s not often I’ve agreed with you over the last few years but I will agree with you some holders feel trapped and are totally over it and everyone is getting a bit fed up with the fairy tale however IMO a bit more patience is required.

    AIMO
    GLTAH



 
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