AVZ Discussion 2022

[Samus]

I would give you 100 ‘likes’ for that post if I could Sammael. Unfortunately we’ve seen in our own country here, how hard it is to weasel out corrupt politicians. I have to say here in NSW, John (Pork) Barilaro’s way of getting out of being found corrupt is by making himself out to be the victim, even though Cominiere has tried that one, I don’t think it’s going to work over there. As Wombat says, they are still drilling so that’s a positive, but as you say, the speculation about good news coming is wearing thin, and I would rather hear that a FTA with the US is actually being done rather than being implied it is being done, but still, you gotta remain positive

Interestingly making one's self out to be a victim is very common in most forms of corruption and abuse (by the abuser who actually believes it to be the case), happened to catch an interesting segment along those lines on the radio recently. As you say just like poor old Cominière who 'mistook' a down payment as a bonus amongst various other things.
I'd say it's important to remain positive absolutely and it's equally important to remain realistic and maintain focus on the actual situation.
Lots of talk, now it's time for the action.
As one who's going to have to sell down on open due to necessity regardless of the news on opening I'm counting on the positive progress as much as anyone and from my perspective I hope it's soon as I'm already in the shit. I know of two other holders in a similar situation among the half dozen or so others I speak with outside of social media.
False hope is not my friend right now or ever, optomisim sure.

 

[Flight996]

I would give you 100 ‘likes’ for that post if I could Sammael. Unfortunately we’ve seen in our own country here, how hard it is to weasel out corrupt politicians. I have to say here in NSW, John (Pork) Barilaro’s way of getting out of being found corrupt is by making himself out to be the victim, even though Cominiere has tried that one, I don’t think it’s going to work over there. As Wombat says, they are still drilling so that’s a positive, but as you say, the speculation about good news coming is wearing thin, and I would rather hear that a FTA with the US is actually being done rather than being implied it is being done, but still, you gotta remain positive

Hi Moneybags1348

Re: "and I would rather hear that a FTA with the US is actually being done rather than being implied it is being done..."

Sorry, but unlikely to happen anytime soon. As far as I am aware, neither Blinken nor any other US official implied a US/DRC bilateral during their recent visit. As we are aware, Blinken said that US companies will come when human rights are respected and corruption ends. That sounds like he is saying not to call on the US to balance China's influence until the DRC house is in order.

Finally, FTA's take years and years of preparatory work before delegates eyeball each other across the negotiation table. Even an agreement on words both sides can work with can take years of frustrating nail-pulling. Unfortunately, the DRC's governance and rule of law is so corrupted that it may not happen in time to benefit AVZ.

Nonetheless, I am hopeful of a quick return to trading so we can all make a squillion and drink two thousand dollar bottles of vodka, and the Chinese rodents in the DRC can go fuck themselves.

Cheers
F

 

[MoneyBags1348]

Hi Moneybags1348

Re: "and I would rather hear that a FTA with the US is actually being done rather than being implied it is being done..."

Sorry, but unlikely to happen anytime soon. As far as I am aware, neither Blinken nor any other US official implied a US/DRC bilateral during their recent visit. As we are aware, Blinken said that US companies will come when human rights are respected and corruption ends. That sounds like he is saying not to call on the US to balance China's influence until the DRC house is in order.

Finally, FTA's take years and years of preparatory work before delegates eyeball each other across the negotiation table. Even an agreement on words both sides can work with can take years of frustrating nail-pulling. Unfortunately, the DRC's governance and rule of law is so corrupted that it may not happen in time to benefit AVZ.

Nonetheless, I am hopeful of a quick return to trading so we can all make a squillion and drink two thousand dollar bottles of vodka, and the Chinese rodents in the DRC can go fuck themselves.

Cheers
F

Thanks for that information Flight996. Seems it’s harder for me to get off this forum than I realised. What I would like to say is that I am just starting to understand the desperation and anxiety that many here feel. If it’s any help (as Frank knows) I had around $150K that I’d put into LNG and when I saw the writing on the wall I sold out losing $70K of that. It was a hard decision to make, but I felt the management was incompetent and untrustworthy and if I hadn’t sold then, I would have lost the whole $150K. I was lucky at some point a few years ago and made money on A2M sold out at $100K and bought BUB with the money and sold it in around a month for an $80K profit which I then put all back into A2M. I’ve also lost big on Paladin Energy (PDN) and Altura (AJM) who both got screwed by the Chinese. I used to own about 20 companies and follow about 30, so now life is much easier just owning a few. One of those is FFX which has also been in suspension for quite a while mostly due to a guidance downgrade. Very frustrating having two companies in suspension and I have been following AVZ so closely that I took my eye off FFX. I knew the problem there was mostly due to sanctions on Mali by the neighbouring African countries due to its military government and they’ve had trouble getting machinery in to drill etc, but I am confident in its gold mine and spun off lithium mine (LLL) going forward. What I really want to stress here is I may not be in as financial a predicament as many others here, but I do genuinely believe AVZ will get our issues sorted out, and I might be wrong but my gut feeling is by or during September. For all my previous harsh remarks, I’m very sorry to those who are struggling and now realise that humour and venting may very well be the best medicine for you. As you probably realise, I’m a little bit hard core due to past efforts put in on stocks, and though I may post information which may sometimes seem distressing, believe me, knowledge is the best thing!!!! On the crapper previously I remember seeing anyone who mentioned sovereign risk getting shot down in flames, and now we all see and are living through it. I’m still positive and think others here should be too and I hope Obe and other knowledgeable posters come here and boost spirits because it sounds like a lot of you need it! The only other pep talk I need to give is one to myself to get off this fucken phone!! And as my nephew always signs out when he texts me

 

[Hudnut]

FFS!
One of my project team just sent me an email saying completion of his work package was "imminent".
I'm never gonna finish this bloody thing now!

 

[JAG]

 

[JAG]

 

[MoneyBags1348]

Hey mate we've all got stories like that . I've lost and made $100s of thousands over the years . I pulled out of a stock I'd been holding for years at a loss that if I'd have held for another 12 months would have given me a $2million + profit . Mate we've all got these stories . AVZ is just another one to add to the list .

Point taken Wombat, I guess it just means you, I and those others you mention are more used to making and losing significant amounts of capital and probably aren’t in the same position as some of the holders here who are anxious and depressed. Making and loosing large amounts isn’t anything to brag about, it just means you know how to weather the storm a little better than others that’s all

 

[Deleted member 2428]

I know where you are coming from - the one thing that keeps me positive is the short extensions. The AVZ hierarchy and lawyers are not stupid and wouldn't deliberately set out to give false hope by initiating these two week extensions. They must think we are close to trading - surely! This must be massive news in DRC and the pressure for the mining lease to be issued intense. I wouldn't be surprised if some time before the next end date we get some good news. If we have further extensions even the most optimistic must ask why there is no reasoning and why extensions aren't set at realistic time frames.

Having been in this 4 years plus now, my take:
- NF, and other AVZ silent management always promised the world, embellished the facts and never ever met a timeline published.
- all the cheer squad, squashed anyone who questioned missed timelines and other issues, with comments like “if you don’t like it sell”, “l’ll buy your shares”, “last time we see 50c, 75c, $1 etc - time to buy more” and the classic “be patient“.
- was never ever impressed with AVZ management granting themselves every AGM millions of free shares and then with other options and soft targets!
- the non-disclosure by AVZ mgmt of Chinese/ DRC shenanigans over the 12 plus months prior to suspension is a real concern to me “nothing to see here” attitude. If it goes to shit, heads will roll, ASX, hope you are up to speed ??
- Felix after this 3 months of suspension has not officIally come out in support of AVZ. This is not good IMO.
- the ”expert SHs” who have a hot line to “what is happening behind closed doors” have been saying for the last few weeks “not long now until sorted”, “shorters will burn”, “my info, all go next week” etc etc, are full of shit and have NFI - just like me.
- election is coming end of 2023 and corrupt officials along with Chinese government will do everything possible to get Felix out and re-establish the previous modus operandi.

I for one have seen enough, heard enough. I think NF did his best, but he and AVZ have been/ are snookered. We have a 1% chance of all the ducks lining up, Felix stamps out corruption, tells Z/ China to F Off, and AVZ go booming to production and a SP of $5 plus IMO. That is a big gamble.

Anyway, I hope we can get a few things lined up, a T/O or JV with US/ Euro or major AUS organisation and get say $1.50-2, then I will move on by selling two thirds and letting the last third run or fail.

100% I want AVZ to succeed to production, just can’t see it from here, so hoping for a deal to get SHs who want out without losing capital invested that previously hit $1.37. show. Rant over. Good luck

 

[JAG]

 

[JAG]

 

[Soapy]

Having been in this 4 years plus now, my take:
- NF, and other AVZ silent management always promised the world, embellished the facts and never ever met a timeline published.
- all the cheer squad, squashed anyone who questioned missed timelines and other issues, with comments like “if you don’t like it sell”, “l’ll buy your shares”, “last time we see 50c, 75c, $1 etc - time to buy more” and the classic “be patient“.
- was never ever impressed with AVZ management granting themselves every AGM millions of free shares and then with other options and soft targets!
- the non-disclosure by AVZ mgmt of Chinese/ DRC shenanigans over the 12 plus months prior to suspension is a real concern to me “nothing to see here” attitude. If it goes to shit, heads will roll, ASX, hope you are up to speed ??
- Felix after this 3 months of suspension has not officIally come out in support of AVZ. This is not good IMO.
- the ”expert SHs” who have a hot line to “what is happening behind closed doors” have been saying for the last few weeks “not long now until sorted”, “shorters will burn”, “my info, all go next week” etc etc, are full of shit and have NFI - just like me.
- election is coming end of 2023 and corrupt officials along with Chinese government will do everything possible to get Felix out and re-establish the previous modus operandi.

I for one have seen enough, heard enough. I think NF did his best, but he and AVZ have been/ are snookered. We have a 1% chance of all the ducks lining up, Felix stamps out corruption, tells Z/ China to F Off, and AVZ go booming to production and a SP of $5 plus IMO. That is a big gamble.

Anyway, I hope we can get a few things lined up, a T/O or JV with US/ Euro or major AUS organisation and get say $1.50-2, then I will move on by selling two thirds and letting the last third run or fail.

100% I want AVZ to succeed to production, just can’t see it from here, so hoping for a deal to get SHs who want out without losing capital invested that previously hit $1.37. show. Rant over. Good luck

Nellie17 said “we will definitely be hearing great news within the next week” 3 more days to go, I have not lost hope on that one yet

 

[Deleted member 2428]

Hey mate we've all got stories like that . I've lost and made $100s of thousands over the years . I pulled out of a stock I'd been holding for years at a loss that if I'd have held for another 12 months would have given me a $2million + profit . Mate we've all got these stories . AVZ is just another one to add to the list .

Ditto, been up 100’s of thousands and down same and more with many “well researched” penny stocks over 25-30 years of investing (gambling ?), have 3M AVZ in my retirement fund, so been up millions and hope to get out with same or more, would hate AVZ to go to zero, that may be a cliff dive event.

 

[JAG]

I'm sure all of us are feeling like this right now

But you know what, always look on the bright side of life......you only get one .....unless your me

 

[Soapy]

Ditto, been up 100’s of thousands and down same and more with many “well researched” penny stocks over 25-30 years of investing (gambling ?), have 3M AVZ in my retirement fund, so been up millions and hope to get out with same or more, would hate AVZ to go to zero, that may be a cliff div

Ditto, been up 100’s of thousands and down same and more with many “well researched” penny stocks over 25-30 years of investing (gambling ?), have 3M AVZ in my retirement fund, so been up millions and hope to get out with same or more, would hate AVZ to go to zero, that may be a cliff dive event.

3M is not to be sneezed at, I can only see this going to Zero if it’s completely pulled from us. How could this happen? A Gov change and the old boys take back control? Maybe??? Black swan event right there and that’s thinking worst case Scenario.
just remember how many shares NF has!!! I don’t think he would let this go easy with out putting up a solid fight!!
Also remember most LT holders here bought at 4/5c range so selling at 20c is still 3 bags there abouts
Relax, I want more then 20c but that’s my worst case mullings. All in my opinion and just pure speculation until official announcements are released!!

 

[JAG]

 

[Deleted member 2428]

3M is not to be sneezed at, I can only see this going to Zero if it’s completely pulled from us. How could this happen? A Gov change and the old boys take back control? Maybe??? Black swan event right there and that’s thinking worst case Scenario.
just remember how many shares NF has!!! I don’t think he would let this go easy with out putting up a solid fight!!
Also remember most LT holders here bought at 4/5c range so selling at 20c is still 3 bags there abouts
Relax, I want more then 20c but that’s my worst case mullings. All in my opinion and just pure speculation until official announcements are released!!

That’s not the point is it? We were in the $1.30 range with an official announcement saying ML decree signed ML expected in days or was it “imminent“. Who would of thought, this is as high as it is going to go $1.37 when the long awaited ML already delayed 1-2-years was a few days away. Every SH thought we are going to way past the $1.30 range towards $2. Then no it all went to shit FFS. And here we are, still in the Where we will be 2022 …

 

[Nellie17]

Nellie17 said “we will definitely be hearing great news within the next week” 3 more days to go, I have not lost hope on that one yet

Cami mess nearly all sorted, and as you said Evieta still three days to go!

 

[Soapy]

That’s not the point is it? We were in the $1.30 range with an official announcement saying ML decree signed ML expected in days or was it “imminent“. Who would of thought, this is as high as it is going to go $1.37 when the long awaited ML already delayed 1-2-years was a few days away. Every SH thought we are going to way past the $1.30 range towards $2. Then no it all went to shit FFS. And here we are, still in the Where we will be 2022 …

I completely get it and no one saw this coming, and thankfully they didn’t otherwise I would hate to see where we would be sitting. It’s been a very long road from golden Easter eggs to FIRB but it’s the ride we chose and we just have to hold on tight and have faith management can pull this one off!!
I have also been here for a very long time and have many Zeros tied up, besides the point but I promise I can feel your frustration. Unfortunately it’s a waiting game and in the mean time TSE is z good place to vent and bounce ideas!!
Evo

 

[Wil_Mar]

: “If you can keep your head when all about you are losing theirs . . . If you can wait and not be tired by waiting . . .If you can think – and not make thoughts your aim . . If you can trust yourself when all men doubt you . . .Yours is the Earth and everything that’s in it.”

 

[MoneyBags1348]

No . What it means is I understand what you and others maybe going through . It's a risk we take . Did you have a good profit available to you before the suspension and didn't take it ?

Was previously sitting on 3 million shares at average of $0.16. Sold looking to buy back at $0.13 but missed the jump after the CR which announced that part of the CR would be used to buy the extra 15%. Got my prediction of CR and price right but gambled they weren’t going to announce the extra % ownership acquisition at the same time so now have the same number of shares at average $0.20 because from memory had to sell some CXO and BRN which I purchased in between. Didn’t want to be trading AVZ, just wanted to lower my average, so yes I would have had a good profit and still have. The thing is that I see AVZ going to $2 in the short term under Felix’s government and really want to hold until producing and at least $5. If we are in the construction phase and it looks like there may be a change of govt in the DRC in late next year’s election, then I would consider selling then. Felix is doing his best to clean up corruption and it’s not an easy job, but AVZ still majority owner in Dathcom and if the worst case scenario happened and Zigin got that last 15% (which seems unlikely to me) I think the share price would still be well north of here for various reasons including they would have to make a financial contribution, it seems to be the only thing that stopped the ML and we would have more money in the bank. I probably sound like a ramper now, like you I have had big profits and big losses and the biggest reason companies go under is because they run out of money and AVZ still has plenty left. AVZ also has legal ownership to a large % of Dathcom and even if the Chinese or anyone else wants it, they are going to have to pay well north of today’s price. Many reasons listed already supporting our position and I think worst case scenarios not as bad as some people make out. Biggest worry I see is for those shareholders who need cash right now