AVZ Discussion 2022

[JAG]

 

[Deleted member 1612]

I’ve never heard more TO talk than today and no one is dismissing it which feels very different to the vibe upon entering the suspension. I don’t see any indication that a TO is on the cards. But anything seems possible right now. Would a TO offer be put to a shareholder vote?

 

[JAG]

Hope that wasn't too much info to scan through

Night.......

 

[TDITD]

I agree 100% and my gut also tells me we are going to get a TO offer not to far distant. Who that may be is a guessing game. CATEL certainly has the means and bank roll there is no disputing that.

I would love to see us take this go to mine but I’m now very doubtful

Could the masters be trying to wear down share holders, cast doubt and all of a sudden 1.50 sounds juicy??
There are certainly some games being played but I see this as a good sign.

Yes it does feel somewhat like we are being worn down, it’s almost the SOP for a TO, the Chinese want this cheap. The ridiculous thing is they will have it cheap at $3 a share ffs, but they won’t want to pay that if brown paper bags and snacks are more effective.

Juicy at $1.50 , fuck that for a joke. It wouldn’t be juicy if they had a gun to my head and told me the bastards are now going for JAGS right nut.

 

[Bin59]

I agree 100% and my gut also tells me we are going to get a TO offer not to far distant. Who that may be is a guessing game. CATEL certainly has the means and bank roll there is no disputing that.

I would love to see us take this go to mine but I’m now very doubtful

Could the masters be trying to wear down share holders, cast doubt and all of a sudden 1.50 sounds juicy??
There are certainly some games being played but I see this as a good sign.

Too cheap - with AVZ having approx 2.75B shares on issue, CATL could easily afford $5 per share costing them as little as $13.76B of their $186B - still a bargain for them

 

[Soapy]

Yes it does feel somewhat like we are being worn down, it’s almost the SOP for a TO, the Chinese want this cheap. The ridiculous thing is they will have it cheap at $3 a share ffs, but they won’t want to pay that if brown paper bags and snacks are more effective.

Juicy at $1.50 , fuck that for a joke. It wouldn’t be juicy if they had a gun to my head and told me the bastards are now going for JAGS right nut.

1.50 and a free CATL hat better? Lol

 

[TDITD]

I’ve never heard more TO talk than today and no one is dismissing it which feels very different to the vibe upon entering the suspension. I don’t see any indication that a TO is on the cards. But anything seems possible right now. Would a TO offer be put to a shareholder vote?

Yes a slight change, everyone is pissed off/bored to tears/tired of being whipped by the chains of chinas corruption.

An acceptable offer deemed by the board would be bought to the vote.
(Fingers crossed Nigel holds strong here)

 

[TDITD]

1.50 and a free CATL hat better? Lol

Throw in some of those famous Chinese ‘snacks’ and we got a deal

 

[Nbaz]

Throw in some of those famous Chinese ‘snacks’ and we got a deal

If a TO is on the way do you seriously believe it will be $1.50 or more? It will be $1-$1.10 max. I know we are worth a hell of a lot more, we all do. But when to TO offers come in at fair value? There's always a discount to pay upfront. There's still tons of work to be done to get this mine going. I'm heavy in AVZ and want them mining as I'm not in a rush for cash but the roads still long and at the moment, God knows what's going on over there.

 

[TDITD]

If a TO is on the way do you seriously believe it will be $1.50 or more? It will be $1-$1.10 max. I know we are worth a hell of a lot more, we all do. But when to TO offers come in at fair value? There's always a discount to pay upfront. There's still tons of work to be done to get this mine going. I'm heavy in AVZ and want them mining as I'm not in a rush for cash but the roads still long and at the moment, God knows what's going on over there.

If a TO comes after we end up with 66% and BFS drops, then do you seriously believe Nigel will put $1 to the shareholders ? This is why I hope he holds firm, far too many weak at the knees but equally very short sighted shareholders would likely jump at an absolutely criminal measly $1.10 max as you say, we were higher than that before ML. (Not saying you specifically in that, just look at our SP since we got Manono tenements).
We all know this is a retirement company in the making, nothing worth gaining is ever easily obtained.
Mining is where we want to be, I agree. I don’t fancy being screwed over by the Chinese and then by my fellow shareholders because they failed to see the big picture.

 

[Nbaz]

If a TO comes after we end up with 66% and BFS drops, then do you seriously believe Nigel will put $1 to the shareholders ? This is why I hope he holds firm, far too many weak at the knees but equally very short sighted shareholders would likely jump at an absolutely criminal measly $1.10 max as you say, we were higher than that before ML. (Not saying you specifically in that, just look at our SP since we got Manono tenements).
We all know this is a retirement company in the making, nothing worth gaining is ever easily obtained.
Mining is where we want to be, I agree. I don’t fancy being screwed over by the Chinese and then by my fellow shareholders because they failed to see the big picture.

Certainly agree with you there. I hope there's no offer on the table. However, as we are mushrooms and kept in the dark about what's going on over there. A low TO offer may be a way of saying "we'll take the trouble off your hands" and depending on how much fight nige has left in him, he may just accept it(pending our approval of course) fingers crossed it's all sorted out and we are just throwing ideas out due to boredom.

 

[TDITD]

Certainly agree with you there. I hope there's no offer on the table. However, as we are mushrooms and kept in the dark about what's going on over there. A low TO offer may be a way of saying "we'll take the trouble off your hands" and depending on how much fight nige has left in him, he may just accept it(pending our approval of course) fingers crossed it's all sorted out and we are just throwing ideas out due to boredom.

Christ yes, all virtually sorted announcement imminent. Nigel has mentioned before that we have had that type of offer before in the past and has batted it away, so one can only hope his resolve is unwavering. It’s funny as we all virtually expect a TO offer has been or will be made, the only talking point is over is it a serious TO offer (I.e one hard to turn down) or a cheap shot type offer which they would surely know has been tried in the past an wasn’t successful.

 

[Carlos Danger]

All the posturing from AVZ seems to indicate that mining Manono is still the desired choice for management. Seems pointless to be employing lawyers for arbitration and holding press conferences if a takeover is on the cards. Could be to strengthen the negotiating position or be a backup in case the deal falls through but it doesn't add up to me that a takeover is being considered at the moment.

Hypothetically if a takeover does happen then how would AVZ get around the FIRB if the offer is from a Chinese company or companies?

AVZ may not need to as any potential takeover could be approved by the Albanese government which is thawing relations with China. But if it was knocked back would the company simply sell their position in Dathcom and then pay a special dividend to shareholders?

If so then the question would be if they wind up AVZ all together or pay part of the proceeds as a dividend and use the remaining cash to acquire more tenements and continue being an explorer. Possibly a long term deal where AVZ gets cash and a small percentage of the takeover entity in exchange for FROR on any future discoveries. Not that those rights are worth the paper they are written on sometimes.

 

[Frank]

I've not seen any mention that the vehicle assembly plant with be for EVs. I imagine it will be for low cost vehicles suited to the local conditions.

* Correct Retro, even though they got a mention by Julien in the article for no apparent reason, but hey, If it happens, it's a start and hopefully from "Little things, Big things Grow" maybe an EV or two to export down the track, especially when : Tshisekedi "welcomes the significant progress made by the Government" Re:-Construction of the Deep Water Port of Banana.

*Who knows what will happen in the near future, the potential for the DRC is enormous if only they can play to their strengths, get their Shit together and play their cards right imo

*To remind,

Among these companies is Choice International, which specializes in the automotive industry and has proven itself in Nigeria. This Chinese company intends to quickly set up its vehicle assembly plant in the pilot special economic zone of Maluku, announced Thursday July 28, Diana Chen, charming of Choice international and the group CIG Motors Ltd as well as the China-Africa Economic Council, to the Minister of Industry, Julien Paluku Kahongya.

Happy to hear this good news, the Minister of Industry provided details on the Industrialization Master Plan which subdivides the Democratic Republic of Congo into 6 industrial spaces, each with its own economic profile.

The former governor of North Kivu also returned to the process of creating special economic zones.

Speaking of the electric battery industry, Julien Paluku Kahongya said that the DRC is the best destination in the world today, thanks to its strategic minerals which are involved in the manufacture of batteries and electric vehicles.

About Choice International Group​

CIG Motors Co., Ltd has begun on a soft landing since 2014 following a pact signed with Guangzhou Automobile Group Co., Ltd (GAC MOTOR) to establish and manage distribution networks in Nigeria, Africa.

In compliance with Federal Government requirements, CIG Motors has an assembly plant in Nigeria producing high quality passenger vehicles built with the exact same standards as GAC Group.

CIG Motors is renowned for delivering quality vehicles and excellent customer care.

CIG Motors Co., Ltd signed a pact with Guangzhou Automobile Group Co., Ltd (GAC MOTOR) to establish and manage a distribution network in Nigeria, Africa.

So far 4 models have been introduced into the Nigerian market. * ( All Petrol Powered atm Retro )

CIG Motors has also started its assembly plant in Ojota Lagos, Nigeria.

GAC Motor - Made for you

GAC Motor Nigeria - Made for you

gacmotor.com.ng

Best Sedan, Compact SUV, MPV Car Models | GAC Motor

Explore the current GAC car model lineup, including MPV cars, Compact SUV cars and Sedan cars built for gratifying drive and exceptional performance.

gacmotor.com.ng

Guangzhou Automobile Group Co., Ltd. (GAC Group) is a Chinese state-owned automobile manufacturer headquartered in Guangzhou, Guangdong.

Founded in 1954, it is currently the fifth largest automobile manufacturer in China, with 2.144 million sales in 2021.

The company produces and sells vehicles under its own branding, such as Trumpchi, Aion, Hycan as well as under foreign-branded joint ventures such as GAC-Toyota, GAC-Honda, GAC-FCA (Jeep) and GAC-Mitsubishi.

It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as Aion and Hycan.

In 2021, it was the fourth largest Chinese plug-in electric vehicle manufacturer in the Chinese market, with 4% of market share.

It sold 123,660 units of EVs in 2021, and over 20,000 units in March 2022, with plans to double EV production capacity to 400,000 a year by December 2022.

It produces buses under the GAC Bus brand.

GAC is currently known for its Honda-branded auto producing joint venture with this Japanese automaker, but the company has a total of five foreign partners—more than most Chinese automakers.

These partnerships allow it to produce foreign-branded products for sale in China.

These brands include: Fiat, Jeep, Honda, Mitsubishi, and Toyota. Other brand names associated with GAC are Everus, for consumer vehicles, and Hino.

Food for thought

Frank

 

[TDITD]

All the posturing from AVZ seems to indicate that mining Manono is still the desired choice for management. Seems pointless to be employing lawyers for arbitration and holding press conferences if a takeover is on the cards. Could be to strengthen the negotiating position or be a backup in case the deal falls through but it doesn't add up to me that a takeover is being considered at the moment.

Hypothetically if a takeover does happen then how would AVZ get around the FIRB if the offer is from a Chinese company or companies?

AVZ may not need to as any potential takeover could be approved by the Albanese government which is thawing relations with China. But if it was knocked back would the company simply sell their position in Dathcom and then pay a special dividend to shareholders?

If so then the question would be if they wind up AVZ all together or pay part of the proceeds as a dividend and use the remaining cash to acquire more tenements and continue being an explorer. Possibly a long term deal where AVZ gets cash and a small percentage of the takeover entity in exchange for FROR on any future discoveries. Not that those rights are worth the paper they are written on sometimes.

Agreed it would be somewhat from left field as all indications are that AVZ want to go mining.
If they were to sell their holding in Dathcom then FIRB can’t do anything as that’s a DRC entity.
So possibly a similar scenario to PSC where AVZ pay a special dividend to us and carry on as AVZ with our 2 100% adjoining tenements. Very much doubt they would take on any deal involving percentages or rights, after the way everyone surrounding this has behaved they would have to be certifiably insane.

 

[cruiser51]

Prime Minister Jean-Michel Sama Lukonde received the President of the Constitutional Court Dieudonné Kamuleta​

July 29, 2022 by COMMUNICATION CELL in NEWS

Prime Minister Jean-Michel Sama Lukonde, received in audience, this Thursday, July 28, 2022 at the Primature, the President of the Constitutional Court, High Judge Dieudonné Kamuleta Badibanga. At the end of the hearing, the number 1 of the high court of the Democratic Republic of Congo confided in the press in these terms:
“It is within the normal framework of exchange between institutions. I had just been invested. It was right to come and meet the Prime Minister for an exchange between our two institutions,” said Dieudonné Kamuleta.
As a reminder, Judge Dieudonné Kamuleta Badibanga was elected President of the Constitutional Court on Tuesday, June 21, 2022 by his peer judges, following an elective plenary assembly in accordance with Article 158 paragraph 5 of the Constitution of February 18. 2006 as revised. He succeeded Dieudonné Kaluba Dibwe who left the Court in a draw, along with two other judges Prince Funga Molima and Polycarpe Mongulu who died.

 

[Xerof]

Lukonde is never a happy looking chappie is he. Speaking of 'replacements', I saw on twitter that Felix the cheshire cat has 'replaced' a large number of people in various levels of various institutions, courts, tribunals, the counsel of state........things are moving, slowly, probably slower than Nigel's estimated 2 weeks though.

I also read in the Friday minutes that there is a planned exit known as compulsory retirement of a very large number of public servants. The broom is sweeping

 

[bloke383]

Yes it does feel somewhat like we are being worn down, it’s almost the SOP for a TO, the Chinese want this cheap. The ridiculous thing is they will have it cheap at $3 a share ffs, but they won’t want to pay that if brown paper bags and snacks are more effective.

Juicy at $1.50 , fuck that for a joke. It wouldn’t be juicy if they had a gun to my head and told me the bastards are now going for JAGS right nut.

I'm not concerned about shareholders being worn down , I'm more concerned if management are . If a predatory TO offer were to be put to us , it almost certainly means it is a done deal & the price has already been decided/accepted . A predatory TO offer would be framed around the current share price , not previous highs , or what true value really is . Retail share holders vote is basically meaningless in this situation (PSC anyone ? Yes I'm still pissed that the Chinese stole that too)
I hope that Nige & the BOD resolve is as strong as ever .

I don't think there will be a TO anytime soon if management can remain strong , because as Dazmac66 asked elsewhere last night
"Take-over of what exactly? Wouldn't all this shite need to be sorted first?"

A TO offer now , of a disputed mining licence over half of our original project would be the worst possible outcome , imo .

 

[Samus]

For anyone who hasn't seen it yet, further info regarding Cominière press conference courtesy geo_au and some troll on the Crapper:

RDC/Projet d'étain et Lithium de Manono : La COMINIERE SA dévoile les allégations mensongères de la société AVZ et éclaire l'opinion sur la gestion de ce projet - La Rupture News

Devant les chevaliers de la plume, Me Popol Mwamba Mukengeshayi, avocat conseil de cette entreprise,...

larupturenews.cd

RDC : la COMINIERE SA réfute le montant de 70 millions USD avancé par AVZ comme coût de réalisation de l’étude de faisabilité du projet Lithium de Manono (Avocat)

Maître Popol Muamba, l’avocat conseil de la société la congolaise d’exploitation minière (COMINIERE SA), a balayé d’un revers de la main ce qu’il a qualifié de contre-vérités de la société AVZ et ses avocats conseils. Il a fait cette déclaration, le samedi 30 juillet 2022, au cours d’une...

zoom-eco.net

 

[Winenut]

I've never seen so many blowins and newbies on the thread nor the level of TO talk with shitful pissant $ estimates

Mmmm....