AVZ Discussion 2022

[ptlas]

Excellent post and my thoughts exactly.

There are other issues, and I don't want to look like I'm banging on about this, one of which is AJN and his absolute refusal to divest his shareholding.
This then raises the issue of NF's relationship with KE.

NF has not invested 1c in AVZ, is paid $500k p.a. but feels that it is OK to maintain a shareholding in a direct competitor

As I said a few days ago
'Big Hmmmmmmm'

Still feeling warm and fuzzy post AGM?

 

[DoubleA]

Excellent post and my thoughts exactly.

There are other issues, and I don't want to look like I'm banging on about this, one of which is AJN and his absolute refusal to divest his shareholding.
This then raises the issue of NF's relationship with KE.

NF has not invested 1c in AVZ, is paid $500k p.a. but feels that it is OK to maintain a shareholding in a direct competitor

As I said a few days ago
'Big Hmmmmmmm'

Still feeling warm and fuzzy post AGM?

It MAY be a case of keep your friends close and your enemies closer

 

[tonster66]

Too cold in Canberra

I will walk across the commonwealth bridge with my AVZ hat on

 

[Rediah]

I will walk across the commonwealth bridge with my AVZ hat on

You mean, ONLY AVZ on , right ?

 

[TheCount]

Nothing else matters tonight. Out for an evenings entertainment with The Countess.

 

[Bonsoir]

Excellent post and my thoughts exactly.

There are other issues, and I don't want to look like I'm banging on about this, one of which is AJN and his absolute refusal to divest his shareholding.
This then raises the issue of NF's relationship with KE.

NF has not invested 1c in AVZ, is paid $500k p.a. but feels that it is OK to maintain a shareholding in a direct competitor

As I said a few days ago
'Big Hmmmmmmm'

Still feeling warm and fuzzy post AGM?

Nigel did an on market trade acquiring 1,000,000 shares for a total of $65,236 on 19/07/2018.

 

[ptlas]

Nigel did an on market trade acquiring 1,000,000 shares for a total of $65,236 on 19/07/2018.

Apologies
I believed otherwise.

 

[Bonsoir]

Apologies
I believed otherwise.

Nothing wrong with the rest of your post though.

 

[Retrobyte]

We dont have bridges in Tassie but ill do a jump rock streak into the water!

There were, but drunk boat skippers knocked them all down

Like i said, we dont have any bridges...

Yep. If a ferry can knock down a bridge it's not really a bridge

 

[FilthyRich2]

Moneybags is referring to my list of questions for the 2021 roadshow - slightly altered in context and response submitted a week before presentation.

Nigel answered these questions in the course of presentation in 2021 and a few in discussions afterwards, one or two were thrown in during presentation

Some of these questions were obviously answered in ASX announcements afterwards , but I needed to ensure they were considered by management.

Exact email reproduced below

Nigel's response to the 5 year question was different in my recollection to Moneybags. (It was a rather large list of questions ) , my last question was the Moneybags one. Given the question list I picked up on answers in presentation which might not have been obvious to other attendees.



Hi Jodie



I will be attending the presentation in Sydney, and had a couple of questions as listed below



Rather than cornering Nigel in a discussion , I thought it reasonable to submit the questions beforehand that he may ad-hoc address in his presentation



Some of these are hypothetical questions and could be addressed in his presentation







AVZ Shareholder Questions



Financing



Q1 Will AVZ be seeking financing where the paydown of the finance will be by set instalment dates rather than free cash flow sweeps



Q2 What is the indicative rate hoped to be achieved



Q3 Will the financier be given a covenant over the mining rights to Manono (along the lines of AJM errors)



Q4 What will the financing term ideally be in years (minimum and maximum)



Q5 Will debt financiers be seeking equity as well



Q6 What covenants have been proposed by financiers that you are uncomfortable with





Tin Mining



Q7 What resources will be given to alluvial tin miners to progress their ability to extract tin on a commercial basis



Q8 Will alluvial mining still utilize modular tin processing plants , and what is capacity and cost of each plant, what would be ROI be on alluvial per annum on this basis



Q9 How many individuals will be given the opportunity to work in alluvial mine



Q10 How many tons of Cassetite are expected to be produced from alluvial and would increasing headcounts accelerate this.





Equity Component



Q11 Who will be your ideal targets for equity components and are you having discussion with those targets





SC6 Production and PLS Production



Q12 Given that there is likely to be 6 months between the start of SC6 production and PLS production have you planned how to utilize free cash flow



Plant and Equipment Financing



Q13 Have you considered taking up vendor financing options on equipment to minimize the need for capital raising of $150m could capital raise be avoided if you do so





Flexibility of Plant and Processing Expansion



Q14 Given the likely demand requirements for SC6 and PLS do you have a plan for expansion and the timeframe that it is achievable in (In 4 years what do you envisage production to be)





Bottlenecks on transport



Q15 DRC seems to have economic solutions to resolve transport which have ability to be resolved under Belt and Road agreements, how soon can you anticipate a large scale solution to transport by rail or road



Long Term Goals



Q16 What do you envisage the Manono mine site to be doing in 5 years time





Regards
Name omitted in this posting on TSE

A

 

[Retrobyte]

Sorry people, I'm not in the mood to represent NSW, you'll have to get @Retrobyte

If Newy has an NRL team then they're big enough to have their own TSE rep as well

 

[Onthefm]

Wi Nut is going to fucking hammer you now MB for not remaining on the AVZ Cheer Squad, along with a few others. You are not allowed to doubt AVZ management on TSE, that is the word … if nothing good to say, say nothing is the TSE mantra

Yep mostly doing that sense the royal shitshows. Which is cool if people have different perspectives on what's going on. But sunshine and lollipops can become monotonous especially after what we have been through. And most questions still not answered. But the main game is the ml get that and a whole host of sins will be forgiven. That's what nige is counting on. Wich is fair enough as long as we get the prick of a thing soon.

 

[LEFOOL]

A group of us Brissy morons should do something like this, then have some celebratory drinks.

(I'll go topless too)

well i will pass running across the Story Bridge naked BUT celebratory drinks sounds good yes lets goooooooo!

 

[Louweeza]

View attachment 22623
We have Nut ….SA
We have Frank….Vic
We have Bags….NSW
We have Cash …WA
We have Dan ….NZ
Maybe Deboss …Qld ..he be nice and tanned
??????……….Tassie
??????……..Darwin
Bring on the ML …Maybe Nell or Lou might put their hands up to have a go
View attachment 22624
Have a great day …got work to do

Well I’m currently a central Queensland girl but originally from Tassie so happy to be a reserve for either state… can safely say this will be a non-event!

 

[Deleted member 2428]

Yep mostly doing that sense the royal shitshows. Which is cool if people have different perspectives on what's going on. But sunshine and lollipops can become monotonous especially after what we have been through. And most questions still not answered. But the main game is the ml get that and a whole host of sins will be forgiven. That's what nige is counting on. Wich is fair enough as long as we get the prick of a thing soon.

100% it is ML or the hi-way, simple as that … or .

Cannot stand people with arrogant attitudes after 2-3 years of imminent ML etc saying “be patient” or “you are a troll“ after holding millions of shares since early 2018, the faith in the AVZ religion faded a year or more ago and fades more every day we wait and wait.

Hope Nigel and silent BOD pull us out of this shitshow sooner or later with Mr Pei support, because it seems we have no support from the (silent, political President international spruiker/ game player) the big guy in DRC or his political opponents who know they have the power to oust him next year ( and probably playing the political CHESS ♟ game with him), positioning themselves to not go to slammer/ or lose highly paid political positions with pay backs and get scrutinised for illegal practices …

Anyway, NF is a closed shop (serial winker/ smirker), maybe conflicted with AJN???, but he is our only hope, not to totally drop our dacks and go back to 3.7c or zero.

I just want out $1.50 or more and have communicated same to AVZ. 100%, I have had a gut full of this shitshow - Cheer Squad - shoot me down, but have a look in the mirror too ?

Each way Albo is now mates with , let them take it - FIRB will not hold you back now the Lefties are running Australia and China
Don’t care if a few imbeciles on TSE keep calling me a troll, because if you do, you have NFI (PS. Don’t dare DM me again!)

Nigel/ BOD (you the silent ones) - get this over the line (with ML) open up trade, so we can make our own decisions to sell or hold -whether 40c or $2 or lower or higher.

AGREE , DO NOT open without ML - main point of RS/ AGM I agree with Nigel But, sell Nigel, sell - if an offer or JV is in the wind, sell $1.50 plus, please. You guys don’t have the ability, funds or expertise to build this in 2024, come on 2026 at earliest now 3 years late

 

[BEISHA]

Al

All done …Booked you in as an AVZ ,BoDs assistant (bag carrier) all on Nigels expense account ,simples…Always thought you were a Sandgroper Nut ..looks like JAG /Beisha or Cash carrying the West Aussie flag then
View attachment 22622

Get off your meds, get off the grog, eat a few less sheep, run a few laps around the paddocks and you will be primed to carry the WA flag all by yourself.......


I cant carry it.............tried to put the leg over the missus and did a hammy........


Or did that happen when i got kicked in the nuts ?


Cant remember...............oops, dementia .

 

[Deleted member 1612]

Guys I have the covid and I can’t physically try and figure out what’s going on here. Someone please summise, is everyone getting naked? Is the ML imminent? Give me something to live for. They say you can manifest by believing enough. I believe!!!!!

 

[Deleted member 2428]

Guys I have the covid and I can’t physically try and figure out what’s going on here. Someone please summise, is everyone getting naked? Is the ML imminent? Give me something to live for. They say you can manifest by believing enough. I believe!!!!!

No ML is not imminent, or is it? 3 options IMO, Xmas , Easter or never

 

[Deleted member 2428]

Nigel did an on market trade acquiring 1,000,000 shares for a total of $65,236 on 19/07/2018.

Wow, 500k per year pay, plus 50M free shares, such a sacrifice, 65k of own hard earned money - such support

I parted with 360k of real after tax money whilst earning circa 100k per year - how are the ratios there?

 

[Onthefm]

100% it is ML or the hi-way, simple as that … or .

Cannot stand people with arrogant attitudes after 2-3 years of imminent ML etc saying “be patient” or “you are a troll“ after holding millions of shares since early 2018, the faith in the AVZ religion faded a year or more ago and fades more every day we wait and wait.

Hope Nigel and silent BOD pull us out of this shitshow sooner or later with Mr Pei support, because it seems we have no support from the (silent, political President international spruiker/ game player) the big guy in DRC or his political opponents who know they have the power to oust him next year ( and probably playing the political CHESS ♟ game with him), positioning themselves to not go to slammer/ or lose highly paid political positions with pay backs and get scrutinised for illegal practices …

Anyway, NF is a closed shop (serial winker/ smirker), maybe conflicted with AJN???, but he is our only hope, not to totally drop our dacks and go back to 3.7c or zero.

I just want out $1.50 or more and have communicated same to AVZ. 100%, I have had a gut full of this shitshow - Cheer Squad - shoot me down, but have a look in the mirror too ?

Each way Albo is now mates with , let them take it - FIRB will not hold you back now the Lefties are running Australia and China
Don’t care if a few imbeciles on TSE keep calling me a troll, because if you do, you have NFI (PS. Don’t dare DM me again!)

Nigel/ BOD (you the silent ones) - get this over the line (with ML) open up trade, so we can make our own decisions to sell or hold -whether 40c or $2 or lower or higher.

AGREE , DO NOT open without ML - main point of RS/ AGM I agree with Nigel But, sell Nigel, sell - if an offer or JV is in the wind, sell $1.50 plus, please. You guys don’t have the ability, funds or expertise to build this 2024, come on 2026 at earliest now 3 years late

Well sounds to me as though your pretty much right on the money. And dead right with the last paragraph. Imo