Where’s Izzy? Former Guns N’ Roses Guitarist Explains Absence
When Axl was asked about Izzy's whereabouts, he explained he didn't know much. He said, “It’s like you could have a conversation and think it’s one way, and the next day it’s another way. And I’m not trying to take any shots at Izzy. It’s just his thing is kind of his thing, whatever that is.”
I'm going to assume that means nothing was accomplished at all, as far as rekindling a relationship goes.
Taking a look at facts: we know Izzy said there was a financial dispute (my guess - he wasn't being paid as much as Slash or Duff), and Axl admits there was a communication breakdown where an agreement wasn't reached.
I guess we're still asking what we did in the early 90's: "Where's Izzy?"