It has been some time since investors have seen any movement from the AVZ Minerals Ltd (ASX: AVZ) share price.
The embattled lithium developer's shares were halted five months ago and have remained that way ever since.
Will the AVZ share price move any time soon?
As things stand, AVZ shares are scheduled to return to trade at the start of next week on 10 October.
However, the company has consistently named return dates for months, only to push them further back when they arrive.
That's because AVZ shares can only return once the ownership dispute relating to the Manono Lithum Project is resolved.
What is the dispute?
AVZ is currently facing arbitration proceedings from Jin Cheng Mining in relation to the dispute.
This has caused significant uncertainty, as there are various potential project ownership scenarios that could ultimately have a major impact on the company's valuation.
One positive, though, is that AVZ appears confident that a favourable outcome is coming. Last month it commented:
The Company is confident of a positive outcome for it's (sic) shareholders, resultiung (sic) in the re-instatement of trading in its securities.
In addition, AVZ recently hit back at a short seller report, claiming that the short seller was making misleading or deceptive statements. It said:
The Boatman Report makes a large number of false, misleading and/or deceptive statements (including through omission) regarding AVZ and its ownership in the Manono Lithium and Tin Project (Manono Project), all of which are strongly refuted. In particular, the Boatman Report falsely seeks to contend that the Company does not hold legal title to a 75% interest in the shares in Dathcom.
Time will ultimately tell what AVZ's ownership level ends up being.
