AVZ Discussion 2022
- Thread starter GazDix
- Start date
Check ASX listing guidelines. Ongoing extensions to voluntary suspension are granted if the co can demonstrate that by reopening the financial viability of the co would be jeopardised. As wombat said, reopening without ML would be suicide.
Winenut
GO AVZ!!!!
So much takeover talk.....again
Where does it all come from?????
Why does it come out now
Who are the poster's that come out of nowhere in numbers to talk up a take over???
Always seems to be a low-ball, bs valuation, god save us, we're struggling, dying, save me I'm a LT holder, get me out of here type of TO???
Lots more value in this thing than sellin' out for a buck fiddy IMO
Get it sorted Nige.
C'mon!!!
Where does it all come from?????
Why does it come out now
Who are the poster's that come out of nowhere in numbers to talk up a take over???
Always seems to be a low-ball, bs valuation, god save us, we're struggling, dying, save me I'm a LT holder, get me out of here type of TO???
Lots more value in this thing than sellin' out for a buck fiddy IMO
Get it sorted Nige.
C'mon!!!
Last edited:
DiscoDanNZ
Regular
Collecting brown paper bags from the US?
If movies are correct and we all know they are then I believe the CIA uses briefcases. We've all seen the kinds of snacks the Chinese traveler's try and sneak passed Border Patrol, maybe they want to try some Root Beer and Twinkies now.
So much takeover talk.....again
Where does it all come from?????
Why does it come out now
Who are the poster's that come out of nowhere in numbers to talk up a take over???
Always seems to be a low-ball, bs valuation, god save us, we're struggling, dying, save me I'm a LT holder, get me out of here type of TO???
Lots more value in this thing than sellin' out for a buck fiddy IMO
Get it sorted Nige.
C'mon!!!
Unless any of us bought at the recent peak above $1.30 we all stand to gain from the takeover, but it will be the ATO giving us all the final pineapple
So in conclusion, the Zijin Corporation in conjunction with the saucer people, under the supervision of the CIA are forcing the DRC to have AVZ taken over in a fiendish plot to allow us all to be given the pineapple by the ATO...
If movies are correct and we all know they are then I believe the CIA uses briefcases. We've all seen the kinds of snacks the Chinese traveler's try and sneak passed Border Patrol, maybe they want to try some Root Beer and Twinkies now.
Unless any of us bought at the recent peak above $1.30 we all stand to gain from the takeover, but it will be the ATO giving us all the final pineapple
So in conclusion, the Zijin Corporation in conjunction with the saucer people, under the supervision of the CIA are forcing the DRC to have AVZ taken over in a fiendish plot to allow us all to be given the pineapple by the ATO...
We also stand to lose from a takeover in the long term.
Not sure why we're entertaining the thoughts of a takeover. You got to ask yourself, have the fundamentals changed in the COmpany so significantly that you are uncomfortable to continue holding? IF so - you may wish to revisit your holdings.
Myself: nothing has changed significantly, imo.
TheCount
Regular
As an Aussie it's hard to read articles like the one in the AFR today:-
AFR Article
In summary it says Australian miners of Lithium will struggle to make batteries and that we're coming from a long way behind in trying to make it work. Later in the article, Greenbushes is mentioned - I found this interesting.....
As a holder of AVZ I am heartened by the article later states battery or OEM customers are asking "when can I have more and where can I get it?".....
Time for DRC to stop the overseas juggernauts and focus on the Battery Council to help mitigate the perceived "geopolitical risk".
Not long now folks.
TC.
AFR Article
In summary it says Australian miners of Lithium will struggle to make batteries and that we're coming from a long way behind in trying to make it work. Later in the article, Greenbushes is mentioned - I found this interesting.....
As a holder of AVZ I am heartened by the article later states battery or OEM customers are asking "when can I have more and where can I get it?".....
Time for DRC to stop the overseas juggernauts and focus on the Battery Council to help mitigate the perceived "geopolitical risk".
Not long now folks.
TC.
Frank
Top 20
*Fyi, To add, I see where,
Vidiye Tshimanga summoned to the General Prosecutor's Office near the Court of Kinshasa / Gombe this Wednesday, September 21
At the heart of a scandal linking him to what is considered to be an attempt to peddle influence with supposed investors in the mines, Vidiye Tshimanga, former strategic adviser to the President of the Republic, Félix-Antoine Tshisekedi, is summoned, this Wednesday, September 21 at 11 a.m., at the general prosecutor’s office near the Kinshasa/Gombe Court, “for a communication concerning him”
Vidiye Tshimanga resigned from his post on Friday, September 16, following a video that went viral on social networks, where he talks to supposed investors, who filmed him without his knowledge, and where he promises them security and charges a 20% commission on future trades.
Departure of Monusco and Rwandan aggression: Felix Tshisekedi awaits a clear position from the UN
Felix-Antoine Tshisekedi Tshilombo, President of the Republic
For several days, world leaders have been flocking to New York for the annual meeting of the United Nations General Assembly.
The 77th ordinary session of the UN General Assembly sounds like a back-to-school season for Heads of State and Government.
Since the appearance of Covid 19 in 2020, this year's General Assembly will be held face-to-face for the first time. All the Heads of State and Government will follow one another in front of the podium of the Glass Palace for their speeches.
The speech ball begins this Tuesday, September 20, 2020 with the President of Brazil Jair Bolsonaro. Joe Biden, the host, will intervene, unless changed, on the second day, because of his British mission.
The Heads of State and Government of 193 Member States will deliver their statements on the theme: "A watershed moment: transformative solutions in the face of intricate challenges".
Arrived in New York since Monday, September 19, accompanied by the first lady Denise Nyakeru, it is a high moral and determined Félix Tshisekedi who is about to speak in front of the spotlight of the media.
Without a doubt, he will not fail to denounce all the warlike maneuvers of Rwanda and the crimes of their secular arms of the M23.
President Tshisekedi will also not fail to hold the UN to its responsibilities in the face of the security situation in the east of the country.
Disavowed by a population tired of seeing the blue helmets camped in the eastern escarpments without convincing results for two decades while negative forces, reinforced by neighboring countries, are causing misery and desolation to the population, MONUSCO is waiting for a way out. honorable exit on the part of his principal.
For a good environment
Crowned with his stripes of president in office of ECCAS and SADC, the president of the DRC will present himself at the tribune of the United Nations with credible alternatives for the green economy and for climate change.
The forests of Central Africa and the Congo Basin constitute a global lung.
It is therefore legitimate for him to claim compensation from polluters.
The Head of State will also raise the issue of the production of strategic minerals, of which the DRC is full.
Beyond official speeches, President Tshisekedi activated his diplomatic machine.
VPM Christophe Lutundula and his colleague Ève Bazaiba are very active in the corridors of the Palais de Verre, each in their own sector.
Other members of the government, including the treasurer Nicolas Kazadi and the Minister of Communication and Media Patrick Muyaya, are backing up the office of the head of state led by Professors Colette Bwatshia and Serge Tshibangu.
The latter is very involved in the Nairobi and Luanda processes, two complementary peaceful approaches which have obtained the support of the United Nations, the European Union and the African Union, in addition to that of national opinion.
The September 2022 General Assembly is a major challenge for Félix Tshisekedi who intends to consolidate all the diplomatic successes achieved in recent years.
mediacongo
Somewhat hard to revisit ones holdings at this point. It may seem like I am being negative, though I am confident of a good outcome longterm.
A desire for takeover likely stems from watching other lithium companies explode in value. Impatience combined with a lack of insight creates negativity. Have the fundamentals of the company changed? I don't really know...Maybe?
Also everyone's situations are different. Some live comfortable lives and are happy to have half a million shares untouchable, others not so much. The same can be said for mining delays. Some are happy to wait 3 years until production, some may have other goals.
DiscoDanNZ
Regular
Exactly, my guess for the recurring takeover chat is boredom sparked by the occasional cat amongst the pidgeons post.
Here's my personal position on this stock:
I don't hold a huge amount compared to a lot of people here however AVZ is around 70% of my total exposure to the stock market. Because I believe in it and I wouldn't have put that much in if I didn't think it was worth it. Nothing has changed for me in the fundamentals to make me question my investment other than the current issues which I believe Nigel when he uses words like nefarious and meritless to describe. Basically the DRC needs to stop shitting in their own backyard and sort this out.
Financially for me a takeover means a sizeable chunk of my mortgage is gone. Mid-term (call it a 5 -10 year time frame) and no takeover of AVZ for me means I'm mortgage free and reaping healthy dividends (hopefully). Long-long term (say LOM) I'm retiring early even with my relatively small outlay. I could have invested a lot more as the price rose but part of me really liked seeing the profit % on my 12c average.
I think a lot of holders see themselves in a similar position as me but I'm not going to speak for everyone.
Frank
Top 20
Lithium prices send battery metals stocks on a mission to the moon
Lithium stocks were the toast of the terrace today as West Australian lithium miners led the ASX materials sector to a 0.79% gain after one of the main price reporting agencies recorded lithium carbonate prices smashing the 500,000 Yuan barrier for the first time in China.That was around US$71,315/t on Friday, according to Asian Metal, although other agencies have reported them higher.
That’s a more than tripling of prices over the last year according to Bloomberg, with continued shortages of supply for the lithium ion battery input showing why miners are trading at record highs right now.
Some which mine other commodities, like $13 billion iron ore and mining services play Mineral Resources, are even looking at spinouts, with analysts suggesting Chris Ellison’s company could extract more value ($17b) from a lithium spinout than its entire business.
The news also coincided with a visit to Australia by American lithium giant Albemarle, which divulged that it was looking to double the production capacity of its US$1.2 billion plus lithium hydroxide plant in Kemerton in WA’s South West.
Albemarle’s lithium president Eric Norris told The Australian prices would remain high this decade.
“It’s unlike any market that any of us have ever participated in the chemical industry or in the mining industry,” he said.
“The sheer magnitude of the shift that came out of the pandemic – from consumer preferences to government policies in China, the US and Europe – to incentivise the adoption of electric vehicles has been incredible. And then that’s been followed through by every single major automotive manufacturer around the world.”
Cue a run for local stocks.
Food for thought on the Road to Mining Manono Bro
GLTAH's
Cheers
Frank
Remark
Top 20
Samus
Top 20
I'm pretty sure TO talk stems almost solely from the apparent ineptitude of the DRC and the lack of trust associated with it. These bastards need to pull their finger out and make a concrete stance on advancing the project. AVZ is ready and loosing valuable time. The endless unnecessary delays are exasperating and it is costing all involved one way or another. We need certainty moving forward. 12 months delay is already significant and who knows what's being held back out of necessity behind the scenes.
It really beggars belief why we should be in this position at this stage.
There have been a few noises made about after the 77th General Assembly of the United Nations.
Let's hope they amount to something.
It really beggars belief why we should be in this position at this stage.
There have been a few noises made about after the 77th General Assembly of the United Nations.
Let's hope they amount to something.
TDITD
Top 20
They should put it on zoom
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