Bar humbug
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Azzler
Top 20
To be honest mate, we don't even know if the minister even said this.
It's another dodge web site deal.
Could be utter crap.
It's a DRC site in French.
Why would it be in english?
Yeah.
Hi all.
There was lots of talk going into these roadshows about clarifying exactly what caused us to go into a trading halt.
Seems kinda obvious, but has anyone asked Nige plain and simple:
"What would need to occur for us to start trading again?"
I can't say I'm clear on that. We all kind of assume it's the issuing of the mining licence. But is there anything else before that/something else after that we'd also need?
Thanks for all the thoughts and impressions from the roadshows so far!
There was lots of talk going into these roadshows about clarifying exactly what caused us to go into a trading halt.
Seems kinda obvious, but has anyone asked Nige plain and simple:
"What would need to occur for us to start trading again?"
I can't say I'm clear on that. We all kind of assume it's the issuing of the mining licence. But is there anything else before that/something else after that we'd also need?
Thanks for all the thoughts and impressions from the roadshows so far!
Azzler
Top 20
Yeah it's the granting of the mining licence, will trigger immediate end of suspension, and release of BFS.
Misfits
Regular
Wont be a release of the BFS util the 15% is sorted out. Apparently they are working on it .
Azzler
Top 20
May I ask where you got that info from?
I haven't heard that, or I missed it.
I don't see how that could be the case? They need the BFS to get funding for the project, as the DFI entities said they needed the ML and the bankable feasibility study. If we were to wait on the 15% to be sorted out, that could take forever, setting back FID, setting back getting a EPC contractor, etc. Etc.
Is this referring to the Dathomir 15% or the Zijin 15%? I guess if the former they could pay the fucker Cong out his 30mil or whatever, but if its the latter that could be a loooong way away seeing how the ICC works, alongside Zijins delay tactics. April at the very earliest and highly likely that's just an initial session.
CeckRaiseFold
Regular
I assume that's the remaining 15% of Cominiere not the purchased 15% of Dathomir?
BFS could be issued based on 100% project value not sure why this is a prerequisite
cruiser51
Top 20
No, I don't think that. Though they still seem to. Should've worded it differently. The 15% artist formerly known as Zijin
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I went to the RS last night, gotta say I left a little dissapoint. I get the secret code, but, I fall to see why a RS if this is the case. I got to see Deboss, car out the front, as I walked down to the parking lot to retrieve my work ute. Let's hope we get some news fast as time is the enemy.
Interesting, thanks. That's two people now that have said they felt underwhelmed. Did it feel like mostly a repeat of the previous meetings last year, with added nods and winks? Or was there good positivity around the new stuff, with at least some things cleared up? Don't answer if you don't want to, of course
cruiser51
Top 20
I reckon it is wishful thinking from Zijin.No, I don't think that. Though they still seem to. Should've worded it differently. The 15% artist formerly known as Zijin
However, it would make sense to complete the acquisition of that 15%, prior to releasing the BFS.
But that is of course IMO.
Nothing new, that's all. Everything that we already know. Just don't listen to the gossip as it's not true.
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