AVZ Discussion 2022

[Winenut]

Well I'm back from having a real job (or should that be real shit job?)... I quit as I don't really enjoy doing 50 - 60+ hours a week and when you put up resistance to being asked to do extremely dodgy shit that goes against all your training and industry guidance to "just get the job done" means that "you just look for excuses to not finish jobs." I will put up with a lot of shit with employers but when you question my work ethic on top of it I draw a line and you can go and get fucked.

Hate to be the one asking what's going on here but all I've picked up on in my brief glances in the last 2 months is that:

Were still in suspension.
DRC is full of corruption.
Were going to arbitration.
Snacks have run out.

So basically nothings changed right?

Have I missed anything or is there anything I should definitely read up on? Please don't say check Twitter as I've stopped using it since all you get day in day out is shitty bot post notifications.

Good to see you back buddy

Glad you called out that work BS

If you're keen for further employment I know you'll pick up the right job, with the right people and the right values in due course

In the meantime grab yourself a pineapple and join in the mayhem!

 

[DiscoDanNZ]

Regarding Twitter use this to filter it

$avz -"a few hours" -"top analyst" -"chat room"-"first heard"

Done, apprectiated!

Good on you mate, I questioned when it was seriously dangerous on work sites but ultimately just got on with it and ended up getting a serious injury.

Your pretty much right with what you missed, I’d add the males here are all chauvinistic misogynistic pigs because we don’t call out pics of attractive women and we’ve got blow-ins who think the company won’t/can’t mine and the BOD are totally and utterly inept but these same people are invested in a company they have no confidence in ?

Must be nice to have that much $$ that you can burn it

Welcome back Dan to the Royal Shit Show know exactly where your coming from buddy work wise ..did off shore construction 4/1 for 5yrs …had tool boxes every Sunday preaching health & Safety for 2hrs then told Monday-Saturday to look other way …a lose /lose situation

Cheers guys, it all kicked off on Thursday when I questioned commissioning an AC unit that had water in the pipes without doing a proper 'deep or triple evacuation' on the system, a massive/major never EVER do! It's the equivalent of someone putting diesel in a petrol car then the service manager telling you to just change the wiper blades and turn it on, if that makes the fuck up more understandable to for the non fridgies... My protest was met with "it sounds like you are finding excuses to not finish the job."

The following day (Friday) they sent me and one other guy weighing all of 160 odd kgs combined to move a 216kg outdoor unit off a trailer, up a driveway and down the side of a house complete with all the usual trip and slip hazards etc. I pointed out that there wasn't even power on at the house so even if we could move it in to place the job wouldn't be complete that day and someone would still have to come back and finish it so maybe we could organise a few more guys to meet up and go another day to lift it... "this comes back to what we talked about yesterday and you just trying to get out of finishing jobs"... This time my reply was "I quit, I don't need to put up with this shit" I offered to work another week or two to not leave them in the lurch (really all that leaving on the spot would do is screw over the other guys on the tools with more work for the next few weeks) I stayed and finished every other part of that job that could be done and at the end of the day got the "we will just finish you up now".

The best part is whenever there was a stuff up on a job by anyone the boss would send the entire company screenshots of "the correct procedures that we had all signed off on," in the case of this heavy lift his own SWMS said that "if the object is over 16kgs per person or awkward to lift then mechanical lifting aids must be used"...

I

You also missed that we all buying shares on pineapple supply as they about to be bought out globally…..

Don't think the Mrs is really in the mood to authorise me buying shares right now...

On the plus side to all of this were moving house this week so it looks like I've just freed up 60 hours to move with... Downside is I can't borrow their trailer anymore

 

[DiscoDanNZ]

Good to see you back buddy

Glad you called out that work BS

If you're keen for further employment I know you'll pick up the right job, with the right people and the right values in due course

In the meantime grab yourself a pineapple and join in the mayhem!

Cheers mate! Trade employment is a buyers market not an employers at the moment, I'd already messaged a mate about work before I quit, was going to go work for him (civil construction) before I got this job but really wanted to keep doing AC as it's my trade but I'll do anything if I enjoy it and it pays the bills. At least working with a mate I'll actually have time and energy left to go for a beer instead of working 60+ hours for a ****

 

[wombat74]

Well I'm back from having a real job (or should that be real shit job?)... I quit as I don't really enjoy doing 50 - 60+ hours a week and when you put up resistance to being asked to do extremely dodgy shit that goes against all your training and industry guidance to "just get the job done" means that "you just look for excuses to not finish jobs." I will put up with a lot of shit with employers but when you question my work ethic on top of it I draw a line and you can go and get fucked.

Hate to be the one asking what's going on here but all I've picked up on in my brief glances in the last 2 months is that:

Were still in suspension.
DRC is full of corruption.
Were going to arbitration.
Snacks have run out.

So basically nothings changed right?

Have I missed anything or is there anything I should definitely read up on? Please don't say check Twitter as I've stopped using it since all you get day in day out is shitty bot post notifications.

What I can tell you is we are 20 days away from another suspension extension . The ICC Case Management Conference scheduled for sometime this month will almost certainly be postponed to a later date that will almost certainly be postponed to later date . Our latest suspension extension update included a nice little shout out to infuriated shareholders that one day we could actually trade again . In other words , stop contacting the company and asking us when we are going to trade again . Fox has come clean that she's getting her information from the same place everyone else is getting their information . In other words we still know sweet Fk all . AIMO

 

[Remark]

It's obvious to me that you guys are using the pineapple the wrong way, here's one I prepared earlier...

 

[wombat74]

It's obvious to me that you guys are using the pineapple the wrong way, here's one I prepared earlier...

View attachment 16960

That pineapple is AVZ .

 

[Xerof]

https://copperbeltkatangamining.com...tions-for-investing-in-the-drc-mining-sector/

Sort out that shit at CAMI, Felix

 

[Rediah]

So you are saying I will get to use my Aayy-Rab money (1UAE1) Rego plates once again when we are out of this mess, this time on a nice VW ID. BUZZ ,

Yes, sold this car as well and put its money in AVZ

I have high high hopes from the members of The DRC Battery Council (Saudi and UAE and Bosch and more ) to come to party and invest money in DRC but it wont happen if the govt fails to convince them that foreign investment is safe in the country.

Cooperation: a memorandum of understanding signed between the DRC and the United Arab Emirates for an investment of 1 billion USD

Prime Minister Sama Lukonde Kyenge chaired, this Saturday, September 17, 2022, the signing ceremony of a memorandum of understanding between the company Primera Group Limited, an Emirati consortium, which represented the private sector of the United Arab Emirates and the Congolese government, represented by the Ministry of Mines, to strengthen and increase bilateral exchanges between these two countries.

This is the realization of the agreements concluded between his Highness, the president of the United Arab Emirates, Cheikh Mohamed Ben Zayed Al Nahyane and the President of the Republic, Félix-Antoine Tshisekedi Tshilombo during his visit in October 2021 in Abu Dabi.

The amount of these exchanges remains to be determined.

Nevertheless, it should be noted that the protocol signed today relates to an investment of US $ 1 billion.

This memorandum of understanding is a new step for the launch of future emirati investments in the Democratic Republic of Congo.

Confident to the press, Salem Aljaberi, responsible for the preparation for the opening next November of the United Arab Emirates Emirates Embassy in Kinshasa, said that in the next year, many Companies in the private sector of the United Arab Emirates will jostle in the gates of the Democratic Republic of Congo to invest in the fields of agriculture, mines, and renewable energies.

According to him, the opening of the United Arab Emirates Emirates Embassy in Kinshasa, next November, will be the opening of a new page in relations between the two countries so that there is much more investment aware of next year.

This memorandum of understanding is, in fact, signed in the idea of strengthening and increasing bilateral exchanges between the two countries.

View attachment 16950

www.mediacongo


View attachment 16952

 

[The Fox]

What I can tell you is we are 20 days away from another suspension extension . The ICC Case Management Conference scheduled for sometime this month will almost certainly be postponed to a later date that will almost certainly be postponed to later date . Our latest suspension extension update included a nice little shout out to infuriated shareholders that one day we could actually trade again . In other words , stop contacting the company and asking us when we are going to trade again . Fox has come clean that she's getting her information from the same place everyone else is getting their information . In other words we still know sweet Fk all . AIMO

That’s not quite right Wombat. Let me join some more dots for you.

Firstly some of the people and journalists I communicate with do not have a profile on Twitter (some do of course) some do not tweet anything or haven’t done so for years. Yet they write articles for various news agencies and have done so regarding AVZ and the associated entities in all of this, that we all know to well.

After some effort direct contact details can be found on these people and most of the time, there you go, you are having a conversation, unless language / translation issues make things to difficult.

Secondly, if there was some anticipation of a formal event occurring like the issuance of an ML or some other important matter, don’t you think someone would let members of the press know so they could be there to cover the story, take a few happy snaps of hands being shaken, folders being presented and some back slapping? Maybe even a few comments from various persons in attendance. Of course you can’t expect members of the press magically turn up.

A little bit of work goes into making important announcements, people usually want some credit and sometimes even redemption. Hence there are communications I rely on more so then Twitter, not that these communications have been overly helpful as yet, with regard to the timeline of things….please refer to previous posts.

I hope this additional clarity is helpful. It wouldn’t be very good if we all relied just on Twitter when so much is at stake, yet it is a good avenue to connect with others whether they tweet or not.

BTW, the T-Shirt’s come in different colours just to let you know, maybe you would look better in pink

For Fox Sake t-shirt - Ricky Gervais - Wildlife Aid

Get your hands on this limited edition t-shirt, designed by the one and only Ricky Gervais! Available in multiple sizes and colours (and with full international shipping), proceeds from each sale will go towards helping us save more wildlife! Unisex Small (8/10) Medium (12/14) Large (16) X Large...

www.wildlifeaid.org.uk

 

[cruiser51]

Dangote Industries are a diversified business and have plenty of money to diversify into Lithium $$$AVZ

View attachment 16959

Nigeria hosts Gates, Zuckerberg, Dangote at investment forum

Nigeria will host Microsoft founder, Bill Gates, President of Dangote Group, Aliko Dangote and Facebook Chief Executive Officer, Mark Zuckerberg, among

punchng.com

And then there is this:

Our Businesses​

Providing Your Basic Needs​

With our transformational projects and businesses across food, shelter and construction, Dangote Group continues to grow its vision of becoming the leading provider of essential needs in Africa.


They operate in Africa in all industries, even mining, it is understandable that people in Australia say why would you use the Dangote in Africa.

Simple answer, go to Africa and have a look, or google Dangote and you understand.

 

[TDITD]

That’s not quite right Wombat. Let me join some more dots for you.

Firstly some of the people and journalists I communicate with do not have a profile on Twitter (some do of course) some do not tweet anything or haven’t done so for years. Yet they write articles for various news agencies and have done so regarding AVZ and the associated entities in all of this, that we all know to well.

After some effort direct contact details can be found on these people and most of the time, there you go, you are having a conversation, unless language / translation issues make things to difficult.

Secondly, if there was some anticipation of a formal event occurring like the issuance of an ML or some other important matter, don’t you think someone would let members of the press know so they could be there to cover the story, take a few happy snaps of hands being shaken, folders being presented and some back slapping? Maybe even a few comments from various persons in attendance. Of course you can’t expect members of the press magically turn up.

A little bit of work goes into making important announcements, people usually want some credit and sometimes even redemption. Hence there are communications I rely on more so then Twitter, not that these communications have been overly helpful as yet, with regard to the timeline of things….please refer to previous posts.

I hope this additional clarity is helpful. It wouldn’t be very good if we all relied just on Twitter when so much is at stake, yet it is a good avenue to connect with others whether they tweet or not.

BTW, the T-Shirt’s come in different colours just to let you know, maybe you would look better in pink

For Fox Sake t-shirt - Ricky Gervais - Wildlife Aid

Get your hands on this limited edition t-shirt, designed by the one and only Ricky Gervais! Available in multiple sizes and colours (and with full international shipping), proceeds from each sale will go towards helping us save more wildlife! Unisex Small (8/10) Medium (12/14) Large (16) X Large...

www.wildlifeaid.org.uk

Haha you can’t blame wombat for his impressive world class cynicism.
We have been drowning in extensions upon extensions, extension for you for him for her, extensions for everyone, I’m surprised Oprah hasn’t got involved in handing them out.
With all these extensions it’s pushes out much further my penis extension ……(flash car)

 

[M.Bison]

What exactly are the mechanisms/circumstances that allow for a company to remain in an extended trading halt? Doesn't that sort of defeat the purpose of being publicly listed? Aren't these the moments and opportunities that investors live for? Would have been an amazing opportunity for many to average down.
These behind the scenes mysteries and issues in the early days were what gave me the opportunity to average down to 7c. I'd have been pretty pissed if we had just entered a 6 month trading halt instead, giving no chance to take advantage of peoples emotions and panic selling.
I can't recall ever owning a stock where I had the expectation of knowing every single thing that is happening behind the scenes. The risks and the unknowns are what generate the opportunities...
Essentially are we saying to the ASX: 'Hey we don't have our mining license, not that we ever had one for the past 7 years of trading, so we can't open. Also the tenement size has changed so again we can't trade.' To me that simply doesn't make sense.
So what does allow them to remain halted?
For me there is really only one explanation. ASX won't allow investors to trade without full knowledge of what is happening. AVZ cannot provide this information, therefor investors can't trade. It could be something as simple and disappointing as AVZ lawyers telling ASX that they can't discuss ongoing legal issues. So full disclosure cannot be met.
All a bit lame to me. Lithium stocks bottomed out on fear and some absolute world class misinformation. Having 70% of my portfolio stuck in a trading halt means I wave goodbye to any easy profits there. Can't blame anyone but myself for that risk exposure.

 

[Remark]

What exactly are the mechanisms/circumstances that allow for a company to remain in an extended trading halt? Doesn't that sort of defeat the purpose of being publicly listed? Aren't these the moments and opportunities that investors live for? Would have been an amazing opportunity for many to average down.
These behind the scenes mysteries and issues in the early days were what gave me the opportunity to average down to 7c. I'd have been pretty pissed if we had just entered a 6 month trading halt instead, giving no chance to take advantage of peoples emotions and panic selling.
I can't recall ever owning a stock where I had the expectation of knowing every single thing that is happening behind the scenes. The risks and the unknowns are what generate the opportunities...
Essentially are we saying to the ASX: 'Hey we don't have our mining license, not that we ever had one for the past 7 years of trading, so we can't open. Also the tenement size has changed so again we can't trade.' To me that simply doesn't make sense.
So what does allow them to remain halted?
For me there is really only one explanation. ASX won't allow investors to trade without full knowledge of what is happening. AVZ cannot provide this information, therefor investors can't trade. It could be something as simple and disappointing as AVZ lawyers telling ASX that they can't discuss ongoing legal issues. So full disclosure cannot be met.
All a bit lame to me. Lithium stocks bottomed out on fear and some absolute world class misinformation. Having 70% of my portfolio stuck trading halt means I wave goodbye to any easy profits there. Can't blame anyone but myself for that risk exposure.

"Can't blame anyone but myself for that risk exposure"

It's refreshing to hear someone say that. Everyone here made the same decision to buy into a company who's sole project lies in a politically unstable / corrupt country. Owning your decisions is not a bad trait to have.

GLTA when trading resumes - it will be anything but boring!

 

[Samus]

"Can't blame anyone but myself for that risk exposure"

It's refreshing to hear someone say that. Everyone here made the same decision to buy into a company who's sole project lies in a politically unstable / corrupt country. Owning your decisions is not a bad trait to have.

GLTA when trading resumes - it will be anything but boring!

 

[wombat74]

What exactly are the mechanisms/circumstances that allow for a company to remain in an extended trading halt? Doesn't that sort of defeat the purpose of being publicly listed? Aren't these the moments and opportunities that investors live for? Would have been an amazing opportunity for many to average down.
These behind the scenes mysteries and issues in the early days were what gave me the opportunity to average down to 7c. I'd have been pretty pissed if we had just entered a 6 month trading halt instead, giving no chance to take advantage of peoples emotions and panic selling.
I can't recall ever owning a stock where I had the expectation of knowing every single thing that is happening behind the scenes. The risks and the unknowns are what generate the opportunities...
Essentially are we saying to the ASX: 'Hey we don't have our mining license, not that we ever had one for the past 7 years of trading, so we can't open. Also the tenement size has changed so again we can't trade.' To me that simply doesn't make sense.
So what does allow them to remain halted?
For me there is really only one explanation. ASX won't allow investors to trade without full knowledge of what is happening. AVZ cannot provide this information, therefor investors can't trade. It could be something as simple and disappointing as AVZ lawyers telling ASX that they can't discuss ongoing legal issues. So full disclosure cannot be met.
All a bit lame to me. Lithium stocks bottomed out on fear and some absolute world class misinformation. Having 70% of my portfolio stuck in a trading halt means I wave goodbye to any easy profits there. Can't blame anyone but myself for that risk exposure.

Opening back up without the ML or a deal of some sort will be suicide .

 

[M.Bison]

Opening back up without the ML or a deal of some sort will be suicide .

I know. But companies release bad news all the time. It would be a weird world of investing if you can only trade when you are releasing good news.
My point being, is this just lawyers informing the ASX that AVZ needs to keep their mouths shut? Therefore full disclosure can't be met.
I suppose a very high level legal dispute, or a takeover offer could result in the above.

 

[antimatter]

With discussion on T/O price, I did some calculation on approx EBITDA p.a. based on different SC6 and PLS pricing (holding cost the same) per the table below. NPAT will be approx US$2,950M and EPS US$0.43 (51% Ownership). PE ratio of x10 = US$4.3 SP; x20 = ~US$8.60 SP. I know it's risky, but rather go for full mining.

 

[jsbuser]

AVZ management is perfectly capable of bringing this to production. All this recent takeover talk is just to prime holders for a low-ball offer. If we stay the course and go mining the rewards are much greater.

 

[Samus]

I know. But companies release bad news all the time. It would be a weird world of investing if you can only trade when you are releasing good news.
My point being, is this just lawyers informing the ASX that AVZ needs to keep their mouths shut? Therefore full disclosure can't be met.
I suppose a very high level legal dispute, or a takeover offer could result in the above.

Be nice if it was the later, all evidence pointing to the former however.
Shafted with a pineapple by the DRC imo.
Hopefully someone has a better explanation but it really seems that simple atm and therefore complicated with no easy fix as evidenced by 5 months suspension and counting.
Corrupted whack-a-mole bastards deep in their cesspits.
I'm not even convinced FT isn't one of them at this point.

“Me,” Tshimanga replied. The investor then asked if the president or a minister would be involved. “Me, it’s the president,” Tshimanga said, adding, “The president doesn’t do any business.”

“Of course, not directly,” the investor responded, to which Tshimanga nodded.

 

[DiscoDanNZ]

If a takeover were to happen (would rather it didn't) what does it look like from a shareholders point of view? Do we get a cheque in the mail for number of shares times $ per share or is it a for every 10k shares in AVZ you held you now get .0001 of a share in an offshoot of Zijin less admin snacks type scenario?