I have been waiting for the opportunity to roar this out again!!!Referring to the "Org chart":-
Dathcom Mining is a DRC entity
Green Lithium Holdings resides in Singapore
AVZ International is an Australian company
AVZ Minerals is an unlisted Public Company in Australia.
In it's simplest form though, your current shares in AVZ Minerals are what you hold, so whatever the trickle effect of a takeover and/or re/listing it will be dealt with in AU CGT laws.
For those that are interested re ABC 7.30 report on now is a report relating to the DRC covering M23 and its dramatic grab for rich resources!!!!TC your buy into AVZ was 53 days before my self and just 1080 days ago we hit a high of $1.36 although some media record the high as $1.33
ps Just a thought not much else regarding Amo's post on hc re a deal having been done, I initially read it that way but then thought he may have meant/intended it to say a deal with the US only not yet AVZ. As i say I'm not sure just my thoughts.
24 min 15 sec inYeah same thing mate, it's just disposal of an investment asset - seeing as we've all been stuck for well beyond 12 months, 50% CGT discount on settlement if we come out the other side with a gain; or a loss that may be carried forward if we do not.
Yeah saw that M23 report, and noted the closing comment: DRCs critical minerals once seen as a blessing are turning into a curse.For those that are interested re ABC 7.30 report on now is a report relating to the DRC covering M23 and its dramatic grab for rich resources!!!!
Without a doubt werth a watch.
I was under the impression that AVZ could still pay $20m to bail from the deal. If so, it will be small change when we reach the business end.Doesn't CATH have 100% offtake agreement? Musk just happy to keep buying batteries from cath! Win -win for AVZ!
Worth noting that this report in the Aussie has somewhat changed since last night, though not noted as updated. And no journalist attribution suggests a rewrite of a press release.Yeah saw that M23 report, and noted the closing comment: DRCs critical minerals once seen as a blessing are turning into a curse.
So it was encouraging to hear that FT just had a surprise meeting with Kagame, despite their previous bad blood.
"The heads of state reaffirmed the commitment of all parties to an immediate and unconditional ceasefire" as agreed at an African summit last month, the statement said.
This meeting occurred within days of Felix meeting Trump's special advisor in Kinshasa. Things are definitely cooking.
https://www.theaustralian.com.au/ne...r/news-story/bf18fbde8a9f12d7530b9ffb54e01229
Does AVZ need a ML if it's to off load Roche Dure to the US ? If not I'm guessing the Cath deal is void .I was under the impression that AVZ could still pay $20m to bail from the deal. If so, it will be small change when we reach the business end.
But what do I know ? - my head is spinning with all of this shit atm.
Happy to be corrected.