AVZ Discussion 2022

[TheCount]

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.

I'll take it one step further and say the takeover talk is bullshit from a section of members who have the need to shoot their mouth off in the vacuum of official announcements. There is a certain demographic that thinks they need to comment on "every" topic, and this is not to say they don't have the right to do so, I'm just adding my jerry can of fuel on the fire to say that I think they're full of shit and have no idea what they are talking about.

For 'years' NF has been saying "we're going mining". Search the phrase and you'll see numerous references.

So I'm very happy for the conversation returns to pineapples and strippers until there is REAL news or updates that can be discussed.

TC.

 

[wombat74]

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.

Yes what's interesting is it wasn't just Tshimanga that got busted . Felix got busted as well . Hey but Tshinmanga was applauded for resigning . Let me guess there will be no further investigation . IMO

 

[Azzler]

I'll take it one step further and say the takeover talk is bullshit from a section of members who have the need to shoot their mouth off in the vacuum of official announcements. There is a certain demographic that thinks they need to comment on "every" topic, and this is not to say they don't have the right to do so, I'm just adding my jerry can of fuel on the fire to say that I think they're full of shit and have no idea what they are talking about.

For 'years' NF has been saying "we're going mining". Search the phrase and you'll see numerous references.

So I'm very happy for the conversation returns to pineapples and strippers until there is REAL news or updates that can be discussed.

TC.

I'm with you here.
I also think it's fear and anxiety, and let's not kid ourselves, everyone's feeling it to some degree, or at times.
Fear generates the cry out for someone to rescue us and take the anxiety away, please god I'll accept a measly buck fiddy! Come on!

But you know, I don't know jack shit either, no idea if management are up to the challenge or not, no idea if the corruption is too much or not.
Big risk, Big reward.

I don't think we will sell, that's what management and our lawers say, and there's no more information out regarding this, so that's the sensible belief to have. It's speculation either way, but there's info out supporting the scenario we go mining.

I have to admit my suspicions are raised as there seems to be coordinated postings across platforms calling holders naive to think we will mine and naive to think we would get more than $1.50.

I believe the share price will quickly rise to and past $1.50 after ML and BFS are released, so if someone wants to , they can sell their shares then and sail into the sunset.

 

[wombat74]

I'll take it one step further and say the takeover talk is bullshit from a section of members who have the need to shoot their mouth off in the vacuum of official announcements. There is a certain demographic that thinks they need to comment on "every" topic, and this is not to say they don't have the right to do so, I'm just adding my jerry can of fuel on the fire to say that I think they're full of shit and have no idea what they are talking about.

For 'years' NF has been saying "we're going mining". Search the phrase and you'll see numerous references.

So I'm very happy for the conversation returns to pineapples and strippers until there is REAL news or updates that can be discussed.

TC.

"For 'years' NF has been saying "we're going mining."
NF has said a lot of things . Many of which have been ,shall we say ,off the mark. I think what he "hasn't said " is of more interest at this point .Lets talk about everything . Except going balls up . I don't want to talk about that .

 

[JAG]

Circles in PINK not to offend anyone/he/her/is/that/what/am/was,,,,,

I think he is on point IMO!

 

[antimatter]

3 men get stranded on a desert island. After wandering around a while, they are found by some tribesmen. The natives take them back to their hut. The chief tells them, "Go out into the jungle and collect 10 pieces of fruit." The first guy returns with 10 apples, and the chief says "Now shove them all up your ass without showing any emotion, or we'll kill you." He shoves the the first up, and is in terrible pain, but shows no emotion, but during the process of pushing up the second, he flinches, and therefore gets shot. The second guy comes back with 10 cherries, and gets told to do the same. He's finding it relatively easy, but when he gets to the eighth, starts laughing hysterically, and gets shot. He meets up with the first guy in heaven, and the first guy asks, "Why did you do that, why did you laugh?" and the second guy replies, "Well I nearly finished when I saw the next guy walking up with pineapples!"

 

[cruiser51]

I'll take it one step further and say the takeover talk is bullshit from a section of members who have the need to shoot their mouth off in the vacuum of official announcements. There is a certain demographic that thinks they need to comment on "every" topic, and this is not to say they don't have the right to do so, I'm just adding my jerry can of fuel on the fire to say that I think they're full of shit and have no idea what they are talking about.

For 'years' NF has been saying "we're going mining". Search the phrase and you'll see numerous references.

So I'm very happy for the conversation returns to pineapples and strippers until there is REAL news or updates that can be discussed.

TC.

Just imagine if you have a high ball and a low ball and you lose the loose low ball.

I rather have a smallish pineapple than losing balls ffs.

However, I see it very simplish.
The take over merchants can sell their shares for $1.50, or $2.00, or whatever and go to greener pastures and everybody is happy.

 

[Samus]

I don't know why anybody is sensitive about what gets discussed, it's all pineapples and strippers until the ML gets dropped and we don't talk about the alternate because nobody likes that.
Bring on the expidited ML

 

[Remark]

I wish they'd hurry up & bury the queen I think I've reached royal saturation point!

 

[Winenut]

Just imagine if you have a high ball and a low ball and you lose the loose low ball.

I rather have a smallish pineapple than losing balls ffs.

However, I see it very simplish.
The take over merchants can sell their shares for $1.50, or $2.00, or whatever and go to greener pastures and everybody is happy.

Thing is..... I don't think if it happens it would work that way

Might be a vote and guidance from the board and yada yada yada but IF it's a TO I think it will be ....righto all you AVZ fuckers we're giving you a buck fiddy for the lot take it or leave it

Personally I don't want a TO

An enforced effective sell on my part crystallizes all profits and fuggers me royally in one financial year

I got bigger and more flexible returns I'm lookin' for on this one

 

[cruiser51]

I wish they'd hurry up & bury the queen I think I've reached royal saturation point!

View attachment 16986

No wonder William does as he is told.

 

[LOCKY82]

For $1.50 the can have a few spaces in the fucking car park! Where are people coming up with this $1.50 TO amount? How has that been calculated? There's some smart folks that have produced mind blowing figures once at production using in depth calculations. Can someone please point me in the direction of the calculations used to get this $1.50 TO amount that's doing the rounds!?

 

[Mr Inappropriate]

I wish they'd hurry up & bury the queen I think I've reached royal saturation point!

View attachment 16986

She gave birth to that? Poor lady…

 

[TDITD]

I'll take it one step further and say the takeover talk is bullshit from a section of members who have the need to shoot their mouth off in the vacuum of official announcements. There is a certain demographic that thinks they need to comment on "every" topic, and this is not to say they don't have the right to do so, I'm just adding my jerry can of fuel on the fire to say that I think they're full of shit and have no idea what they are talking about.

For 'years' NF has been saying "we're going mining". Search the phrase and you'll see numerous references.

So I'm very happy for the conversation returns to pineapples and strippers until there is REAL news or updates that can be discussed.

TC.

 

[TDITD]

*Edited
ok Fixed it .....

 

[CHB]

For $1.50 the can have a few spaces in the fucking car park! Where are people coming up with this $1.50 TO amount? How has that been calculated? There's some smart folks that have produced mind blowing figures once at production using in depth calculations. Can someone please point me in the direction of the calculations used to get this $1.50 TO amount that's doing the rounds!?

I don't think much TOs have a high premium on current SP. Isn't it normally 0-50%?

So that's probably where the 1.50 comes from given we haven't been trading for awhile.

If TO very soon then won't likely be much more unless the TO is further down the track and SP has had time to climb.

 

[Samus]

For $1.50 the can have a few spaces in the fucking car park! Where are people coming up with this $1.50 TO amount? How has that been calculated? There's some smart folks that have produced mind blowing figures once at production using in depth calculations. Can someone please point me in the direction of the calculations used to get this $1.50 TO amount that's doing the rounds!?

I think the number is largely hypothetical and possibly started by wombat some time last year. What if we just start comparing it to the biggest mining takeover ever? :

Acquirer – Rio Tinto; Target Company – Alcan (38.1bn)​

Rio Tinto Canada Holding (RTCH), an indirect, wholly owned subsidiary of UK-based Rio Tinto, acquired Alcan in November 2007. The largest metals and mining deal in history was closed under the mandatory acquisition provisions of the Canada Business Corporations Act (CBCA).

AVZ wise this gives us a sp of around $10.50/share ($15.70aud). However Alcan was an 80yo established business.

History suggests for a mining company which isn't established the price could be up to 8b or a more measly $2.2/share ($3.3aud) in AVZ's case.
But who knows with the world's largest deposit of hard rock lithium in a battery metals super cycle.

Trouble is we need to think in market cap and not sp with an unfortunate 3.6b soi.

How much is somebody willing to pay for a licenced tenement in the middle of Africa lacking in infrastructure and transport is the real hypothetical question and so perhaps $1.5 ($3.6b usd) doesn't look so far fetched?

No doubt there is much better value if we can bring it to mine. $40b (au) minimum in 2-3 years (once producing) imho and that was just worked out with semi retarded vege maths but when compared to figures from constantin still seems somewhere in the ballpark assuming at least 61% ownership.

Are management still up for the challenge after all this BS is said and done. Or will the perception of shareholder value be altered. Guess we'll see.

* All imo talking total BS with minimal research.

Bring on the f'ng mine in all seriousness - starting yesterday.

 

[ChrisU]

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.

Last update was obtuse. It looks complex. ASX Continuous Disclosure Rules cover most of it imo

 

[wombat74]

Can anyone answer why the Cong verdict is taking so long ? Verdict is 3 weeks over due . We know he is a crook . We know he did a dodgy with Dathomir . Faked the "purchase" of AVZ 15% . Do we know why it's taking soooooooo long to give a verdict ? Watch for the ICC Case Conference that doesn't happen . Why is CHINA still in the house ?

 

[TDITD]

Can anyone answer why the Cong verdict is taking so long ? Verdict is 3 weeks over due . We know he is a crook . We know he did a dodgy with Dathomir . Faked the "purchase" of AVZ 15% . Do we know why it's taking soooooooo long to give a verdict ? Watch for the ICC Case Conference that doesn't happen . Why is CHINA still in the house ?

I have asked a journalist for an update on the cong case who initially reported on it, hopefully we get a reply :



The longer it takes the more the mind naturally edges towards a brown paper bag conclusion to the case.