Carlos Danger
Top 20
Well then the DRC can kiss their battery industry goodbye if that type of shit is allowed to stall the project. Can't imagine CATL or the DRC government would tolerate that behaviour for very long. There is no chance other investors will go near the DRC if that is the type of 'business climate' that is allowed after we poured in millions of dollars to prove the resource."Zijin will have to pay up for construction /infrastructure."
This is precisely the issue if Zijin are involved. They wont pay. They will stall and challenge any decision made by management or the BOD. Failing this they will tie up AVZ up in litigation for BS reasons all in an attempt to siphon funds away and cripple the project. You think whats happening now is a shit show? You see just how deep the shit show can go if Zijin get a foot in the door on this project.
Today's announcement points to us being no closer to having a resolution to the voluntary suspension after more than enough extensions for management to sort out the issues in a reasonable timeframe. Hopefully the roadshows are because they have a trick up their sleeve or the ASX has given them the wind up.
Either way this stock needs to trade ASAP. It is making a mockery of how the market should work and is just management trying to avoid the share price going down because they over promised and under delivered. They need to feel the heat from shareholders that are losing money because of their actions. At least it would give an opportunity for those without enough shares to get invited to the exclusive roadshow a chance to top up.