LOCKY82
Regular
"Mr notgunnaworkhere" haha I must watch this
AVZ Discussion 2022
- Thread starter GazDix
- Start date
"Mr notgunnaworkhere" haha I must watch this
antimatter
Regular
One thing that perks my ears during yesterday AGM was that NF mentioned one of the core reasons for the additional drilling is to get the Proved and Probable Reserve to increase to 300Mt (from 93Mt in the DFS and currently sitting at ~132Mt), which leads to LoM of 30 years at 10Mt/Pa.
Doing a back of the envelop calculation from this info indicates a potential EPS of $0.70-$1.0 (@75% ownership) and the SP of $7-$15 at 10-15 PE ratio. This assumes 20% SC6 being used to produce PLS per the DFS. However, NF also mentioned that the aim is to produce more PLS as it makes more economical sense from revenue and shipping cost perspective. Hence, the EPS could be even higher.
I know there's a lot of frustration, but for me the reward for being patient way exceed any stress endure.
Doing a back of the envelop calculation from this info indicates a potential EPS of $0.70-$1.0 (@75% ownership) and the SP of $7-$15 at 10-15 PE ratio. This assumes 20% SC6 being used to produce PLS per the DFS. However, NF also mentioned that the aim is to produce more PLS as it makes more economical sense from revenue and shipping cost perspective. Hence, the EPS could be even higher.
I know there's a lot of frustration, but for me the reward for being patient way exceed any stress endure.
DiscoDanNZ
Regular
Jason needs one of these to help carry the load after yesterday
Mate I don't have to put my shares in the bottom drawer . They have been in the bottom drawer 5 years and counting .
Hi All
I am on site, typing this on my phone, look the overall message I am getting is alot of the info provided by the agm was provided to the dudes that went to the RS.
Common theme is everyone went home thoroughly more confident than when they went in, from big hitters to small, either the BOD are the best actors of all time aka Jason Brewer ( a disgrace to all Jason's) or they are super focussed on getting to production and are super confident that their processes via tight documentation will eventually win over the corrupt scum.
It takes time to weed out generations of bad seeds, this is just another take I got.
I found Nigel to be not arrogant, was very receptive to questions (even tho I must of been a pest to him with the constant questioning ), found him to be stoic, assured, eye of the tiger , deep down pissed off this corrupt shit has thwarted AVZ progress, he mentioned to me that a plot to screw over AVZ was probably plsnned some 4 years ago, when the nasties realised that AVZ was over delivering , " being too good " was his words if I remember, this plot was enacted during the crisis of Covid.....very convenient.
So my message to all posters who are financially squeezed, mentally drained, @Azzler , I can't confirm if suspension will be lifted in December, only the inner sanctum might know that, but what I can say once again, all the heavy hitters I spoke to were adament that good things are coming.
So hang in there, be strong !!!
One thing I also remember too before I finish this post, was the CHIRO dude knew alot of the NZ posters going to the RS and instructed them to
Hence the silence.
Never a dull moment in AVZ land, the plot thickens.
Cheers
I am on site, typing this on my phone, look the overall message I am getting is alot of the info provided by the agm was provided to the dudes that went to the RS.
Common theme is everyone went home thoroughly more confident than when they went in, from big hitters to small, either the BOD are the best actors of all time aka Jason Brewer ( a disgrace to all Jason's) or they are super focussed on getting to production and are super confident that their processes via tight documentation will eventually win over the corrupt scum.
It takes time to weed out generations of bad seeds, this is just another take I got.
I found Nigel to be not arrogant, was very receptive to questions (even tho I must of been a pest to him with the constant questioning ), found him to be stoic, assured, eye of the tiger , deep down pissed off this corrupt shit has thwarted AVZ progress, he mentioned to me that a plot to screw over AVZ was probably plsnned some 4 years ago, when the nasties realised that AVZ was over delivering , " being too good " was his words if I remember, this plot was enacted during the crisis of Covid.....very convenient.
So my message to all posters who are financially squeezed, mentally drained, @Azzler , I can't confirm if suspension will be lifted in December, only the inner sanctum might know that, but what I can say once again, all the heavy hitters I spoke to were adament that good things are coming.
So hang in there, be strong !!!
One thing I also remember too before I finish this post, was the CHIRO dude knew alot of the NZ posters going to the RS and instructed them to
Hence the silence.
Never a dull moment in AVZ land, the plot thickens.
Cheers
The Kiwi AVZ MafiaNZ investment community is too small not to be respectful of information given in confidence.
Based on what you said Jason, (a collective, holding ~100Million shares between them) I wonder if the NZ attendees were all members of the ICA, or NZCA/ACA
Xerof
Flaming 1967
You toucha my shares, I smacka your face
Samus
Top 20
Thought of the day, don't crucify me but I'm actually starting to wonder if we might have been better off to have continued trading through this ordeal. We're still in a position where we have the decree for the licence behind us and since many li stocks have reached new all time highs.
Management still confident of positive outcomes and despite rubbish from some bad actors the truth is also in circulation.
It's no riskier now than it's ever been.
I just wonder if seven months + in suspension isn't more damaging in the scheme of things.
Who's to know what the share price would be? May have done more damage to ourselves and favours to the shorters by getting dumped from the indexes.
Guess time will tell.
Hopefully not too much time as this could be yet more damaging imo.
Management still confident of positive outcomes and despite rubbish from some bad actors the truth is also in circulation.
It's no riskier now than it's ever been.
I just wonder if seven months + in suspension isn't more damaging in the scheme of things.
Who's to know what the share price would be? May have done more damage to ourselves and favours to the shorters by getting dumped from the indexes.
Guess time will tell.
Hopefully not too much time as this could be yet more damaging imo.
Samus
Top 20
Might be better than having most of my wealth tied up for another 6+ months anyway. The wife will do worse before long.
LOCKY82
Regular
IMO, there was a concerted effort to have an all out short attack and take avz down completely. I'm not happy we still have to be in suspension bit I am definitely glad management took the steps to protect us and the company! Can you imagine the share price? It would be hammered, with shareholders getting rightly anxious will all the crap coming out of DRC, which would encourage bad actors even more, disinformation would increase tenfold until they buried us.
I do believe bod did what was best to protect our interests and took away the opportunity for corruption and shorters to have their way. IMO
I do believe bod did what was best to protect our interests and took away the opportunity for corruption and shorters to have their way. IMO
If the SP gets smashed backed to ten cents , wouldn't that leave us vulnerable to other potential problems?Thought of the day, don't crucify me but I'm actually starting to wonder if we might have been better off to have continued trading through this ordeal. We're still in a position where we have the decree for the licence behind us and since many li stocks have reached new all time highs.
Management still confident of positive outcomes and despite rubbish from some bad actors the truth is also in circulation.
It's no riskier now than it's ever been.
I just wonder if seven months + in suspension isn't more damaging in the scheme of things.
Who's to know what the share price would be? May have done more damage to ourselves and favours to the shorters by getting dumped from the indexes.
Guess time will tell.
Hopefully not too much time as this could be yet more damaging imoell if
I agree. I think Management expected this voluntary suspension to be very short lived, pardon the pun. OK so they decided to drop the TH initially due to the 'orchestrated short selling campaign' dropping the price from 1.3 to .78 (which IMO was likely the result of a lot of shareholders being spooked by Management finally admitting we were facing multiple legal challenges and ownership disputes - which played into the hands of some shorters already planning a campaign, likely in cahoots with our enemies). They then shifted into the voluntary suspension to 'protect shareholder value'. I take that on reflection to have been a quick move to prevent trading just until the ML dropped - which according to the official announcement they expected to happen within the week.Thought of the day, don't crucify me but I'm actually starting to wonder if we might have been better off to have continued trading through this ordeal. We're still in a position where we have the decree for the licence behind us and since many li stocks have reached new all time highs.
Management still confident of positive outcomes and despite rubbish from some bad actors the truth is also in circulation.
It's no riskier now than it's ever been.
I just wonder if seven months + in suspension isn't more damaging in the scheme of things.
Who's to know what the share price would be? May have done more damage to ourselves and favours to the shorters by getting dumped from the indexes.
Guess time will tell.
Hopefully not too much time as this could be yet more damaging imo.
However as we all know, this didn't eventuate. However again they'd already told the ASX they were in suspension now until they received clarity on our mining and exploration rights - namely our ML (and our new PE). So this had backed us into a corner, where we couldn't come out because the stated issue for which we went into voluntary suspension remained perpetually incomplete.
I believe management got blindsided by this 6 month continuation of drama, and couldn't get around it because of their unfounded initial belief that the ML was just around the corner.
It was a strategic misstep in my view, and a self-perpetuating problem that whilst preventing some elements of risk has opened us up to numerous others alongside immense reputational damage. I think they made a somewhat dubious play to prevent the slide - which may have worked if their initial timeline was accurate - and got outplayed by the Chinese-Corrupt DRC official cabal.
But now we've made that bed so must lie in it until ML comes or we go back to the ASX and say oopsy. Still may work in the long run, but also maybe not.
Long winded way to say that yes I agree we should've just let the winds of fate play out - after all, that's how the stock market works.
Last edited:
LOCKY82
Regular
I believe so, and like it or not management know the extent of what these fucks are up to in country. Unfortunately we don't have all the parts of the puzzle and are presuming this and that. They're the ones dealing with the inner workings of all this so they should know the best course of action to take.
Samus
Top 20
We're committed now but some holders are being burned just as much as any shorters at the moment.
Fair enough if we can incinerate them out the other side of this but current talk even from the BOD suggests that they'll have their way with us after all this is said and done regardless...
Similar threads
