bloke383
Regular
"Therefore it remains a significant asset of the company and the BoD are not allowed to dispose of significant assets without gaining shareholder approval to do so.I cant agree.
AVZ have stated PR13359 has a target resource of 1.5-2.0 Billion Tonnes. That means the Northern section according to AVZ has just as much resource expectation as the southern section and in their own words have announced CDL is likely a bigger pegmatite than RD. Just because they havent poked as many holes in it to define like they have RD....doesnt mean it holds less future value than RD does. Therefore it remains a significant asset of the company and the BoD are not allowed to dispose of significant assets without gaining shareholder approval to do so.
Likewise if it is illegally taken from AVZ...then the BoD have a duty to shareholders to take all legal means available to them to recover it.
Reading the AJN announcements...it would appear AJN were pursuing the Manono project at least as early between 8 Feb 2022 and 19 April 2022 if not earlier and Nige was a Director at this time.
Likewise if it is illegally taken from AVZ...then the BoD have a duty to shareholders to take all legal means available to them to recover it."
Including going to the ICC as far as I'm concerned . Surely the board understands this , & this is why I'm still trusting Nigel when he says not to believe any other media commentary apart from our own ASX announcements . Klaus & co would lie to their own mothers if they thought they could make a dollar out it . This week will be extremely interesting & I'm hoping not to have to change my thoughts on Nigel & the BoD