Carlos Danger
Top 20
Dude I can not repeat CAN NOT go through this for another 2 years. BOD need to sort this out ASAP, sure we can go ICC but fuck me 2 more yearsNa uh
GLTAH
I think he's just stating that we've enough cash to see this thing through cash wise. if we're still here in 10-11 months then we're delisted in any case, so the 2 years doesn't even get into play
The ASX removed the automatic 2 year delisting rule years ago. It is now at their discretion whether a company is removed based on whether they are a going concern and chances of any outstanding issues being resolved. Considering the unique treatment AVZ has enjoyed from the ASX so far there is zero fucking chance we will be delisted if still suspended on May 11th 2024 imoThat's my point . We don't have 2 years . I think the next 6 weeks are critical . Firstly we need a cancellation of the ICC hearing set for July 3rd . imo
I wasn't saying this will last 2 years. But that's how long we could last if needed with cash available. Management expects all ICC ownership issues to be resolved by September 2024 at the latest according to official announcements. We have more than enough to get through until then and even a bit longer if Cong trys any shenanigans. And I fully expect us to not only win every case at the ICC if they get that far but also be awarded costs and damages. This is chess not checkers.