Carlos Danger
Top 20
Fantastic update by management on Friday. They have definitely shut me up in regards to the time since their last communication to shareholders about certain matters.
After allowing the weekend for the announcement to sink in, as well as reading the opinions of others here and elsewhere, my thoughts on the issues facing AVZ are as follows.
Zijin Arbitration
Just because Zijin have withdrawn their dodgy initial claim doesn't mean they have given up on bidding for the 15%. I think they are using the time that it will take for the ICC to go through the case management stage and possibly proceed further as an opportunity to try and figure out how to still get something out of the situation. They are dreaming imo.
The tweets deleted by Christian Lukusa (screenshots below) were in relation to the offer made by AVZ to Cominiere. It is interesting that his tweet about Zijin being out of Dathcom is still up but everything about AVZ's proposal was removed. Perhaps this was more than the market was supposed to know at this point hint hint.
Boatman
The announcement was a massive warning to Boatman. Basically a cease and desist mixed in with notice that legal action is being considered for their actions earlier this year. The length and detail of the rebuttal of Boatman's claims is also directed at the wider market to set the record straight ahead of suspension ending. A great move by management imo.
Media and Social Media Commentary
I think this is about the constant regurgitation of Boatman's false claims by their hoodrats on Twitter and the forums. Also directed to established journalists at the AFR and other major outlets that decided to parrot Boatman's narratives without allowing AVZ a right of reply before publishing.
I personally hope it's not also about people whinging that management weren't putting out updates or someone getting translations of interviews wrong
Mining Licence
No update about the license was given but I'm sure if management had something they could say about it in this announcement they would have. In general I feel like we are close to getting it based off the changing of our application status on CAMI's website, media reports out of the DRC and what others are saying in this forum. However I am wary that we have been a few weeks away from the imminent grant of the license for around a year now.
Suspension
Everything about the announcement points to a resumption of trading soon imo. There was really no reason for management to cover that much detail about things that were claimed 4 months ago if we are just going to stay in suspension for another few months. This type of information is best used fresh in peoples minds when we are once again engaged in the battle between bids and asks.
À vaincre sans péril, on triomphe sans gloire
After allowing the weekend for the announcement to sink in, as well as reading the opinions of others here and elsewhere, my thoughts on the issues facing AVZ are as follows.
Zijin Arbitration
Just because Zijin have withdrawn their dodgy initial claim doesn't mean they have given up on bidding for the 15%. I think they are using the time that it will take for the ICC to go through the case management stage and possibly proceed further as an opportunity to try and figure out how to still get something out of the situation. They are dreaming imo.
The tweets deleted by Christian Lukusa (screenshots below) were in relation to the offer made by AVZ to Cominiere. It is interesting that his tweet about Zijin being out of Dathcom is still up but everything about AVZ's proposal was removed. Perhaps this was more than the market was supposed to know at this point hint hint.
Boatman
The announcement was a massive warning to Boatman. Basically a cease and desist mixed in with notice that legal action is being considered for their actions earlier this year. The length and detail of the rebuttal of Boatman's claims is also directed at the wider market to set the record straight ahead of suspension ending. A great move by management imo.
Media and Social Media Commentary
I think this is about the constant regurgitation of Boatman's false claims by their hoodrats on Twitter and the forums. Also directed to established journalists at the AFR and other major outlets that decided to parrot Boatman's narratives without allowing AVZ a right of reply before publishing.
I personally hope it's not also about people whinging that management weren't putting out updates or someone getting translations of interviews wrong
Mining Licence
No update about the license was given but I'm sure if management had something they could say about it in this announcement they would have. In general I feel like we are close to getting it based off the changing of our application status on CAMI's website, media reports out of the DRC and what others are saying in this forum. However I am wary that we have been a few weeks away from the imminent grant of the license for around a year now.
Suspension
Everything about the announcement points to a resumption of trading soon imo. There was really no reason for management to cover that much detail about things that were claimed 4 months ago if we are just going to stay in suspension for another few months. This type of information is best used fresh in peoples minds when we are once again engaged in the battle between bids and asks.
À vaincre sans péril, on triomphe sans gloire
