Avz asx

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Avz asx

The Manono Project comprises PR, which covers around square kilometers km2. The Manono Extension Project comprises two granted exploration permits PRs and covering Financial Times Close. Search the FT Search. Show more World link World. Show more US link US. Show more Companies link Companies. Show more Tech link Tech. Show more Markets link Markets. Show more Opinion link Opinion. Show more Personal Finance link Personal Finance. Actions Add to watchlist Add to portfolio Add an alert. Basic Materials Industrial Metals and Mining.

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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. The lithium developer's shares have been suspended from trade since 9 May and will remain that way for a little longer. This time last month, the company requested that the suspension of its shares be extended until 1 July while it sorted out an ownership dispute relating to the Manono Lithium Project. However, with this dispute still unresolved, the company was not ready to let the AVZ share price return to action. Though, the end is potentially in sight now. Rather than requesting another full month of suspension, the company has optimistically named 15 July as its return date this time around.

Avz asx

Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. Last month, the AVZ share price was placed in a trading halt and subsequent suspension at the company's request. This would have huge consequences for the valuation of the company and therefore the AVZ share price, which explains why its shares have been suspended. This morning, AVZ requested that its shares remain suspended for the entire month of June while the matter is hopefully resolved. The Company confirms that the parties to the TIA have agreed to amend the end date to 31 July to provide for completion of closure formalities.

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