AVZ Discussion 2022

[MoneyBags1348]

Just replying to @Xerof and @TheCount

 

[Winenut]

Would love to know the offered price . If it's not an attractive price to tempt the shareholders contacted , they're wasting their time . But this will also backfire on them when this bullshit underhanded tactic fails , as it would set a floor price for when we start trading again .

It's a very interesting development

I also would like to know what they're offering

It clearly won't be enough to make me sell but certainly intrigued

They can't buy too much of an interest directly in AVZ because it would be blocked by FIRB but there's something interesting in the strategy and I'd like to know what the sneaky arseholes are up to

 

[Sparrowhawk12]

Would be a strange way to go about it given that would just allow FIRB to block it again. I presumed that was the reason this hadn't already happened.
Another thought is they are buying as many off market to actively minimise the cost of a takeover. Takeover at $2 hurts less when you own 10% of the shares already.

$12

US$12

 

[Doc]

 

[TDITD]

Please TITS go back to the old one

Or at least ask @TheCount, he’s the expert in this area

Ok look, here's a compromise

 

[TheCount]

Ok look, here's a compromise

Blowie from Thailand?
TC.

 

[9cardomaha]

Ok look, here's a compromise

I approve

 

[geo_au]

Would love to know the offered price . If it's not an attractive price to tempt the shareholders contacted , they're wasting their time . But this will also backfire on them when this bullshit underhanded tactic fails , as it would set a floor price for when we start trading again .

Nothing short of $15 and I'm not joking when one considers future dividends.

 

[dollarbills]

I think we are a ways short of $12 lol

 

[TheCount]

More blowing smoke up arses - there is NO WAY they'll get 75% of the votes even if they were able to get to an EGM.

What would their motion be? We vote that AVZ should relinquish all rights to Manono????? We want the whole BOD to resign. We want to move the registered office to Chyna.....

FFS - More bullshit, more stalling, more interference. Don't give it any thought..

TC.

 

[MoneyBags1348]

Ok look, here's a compromise

 

[Rediah]

I think we are a ways short of $12 lol

View attachment 39297

For that and any price I have something for them from TSE AVZ with love.

 

[Winenut]

I think we are a ways short of $12 lol

View attachment 39297

Those prices they are suggesting are just a fucking insult

 

[marksmann007]

Tight arse bastards.
Tell them to go to hell!
Looks like an anchor.
$12

 

[MoneyBags1348]

It would be nice to stop thinking about takeover’s (already explained before why)

Zijin must be getting really desperate, and as usual trying to pull one of their under the table scams and probably involving brown paper bags…. Supposedly now teaming up with short sellers

Surely in an arbitration court this kind of behaviour can be proved

And remember, I know I’ve said this before, but sticking to the facts is always the best way to deal with them

AVZ Minerals spent 6 years & millions of dollars developing the Manono Project, only to have the project, ML & ownership delayed by the illegal actions of Cominiere, Chinese company Zijin and Simon Cong (Read the IGF report)

For 6 years in the DRC AVZ Minerals carried out Soil Sampling; Field Mapping; Consulting; Drilling; Metallurgical Testing; FEED Study; Securing a lease on an Industrial Site for logistics including road haulage, rail & port services & infrastructure rehab to the road from Manono

AVZ produced a 160-page Definitive Feasibility Study; Received DFS Technical Approval; Had a SEZ Agreement; Tendered for Mining Infrastructure and followed the DRC Mining Code. AVZ satisfied all required approvals - Environmental Approval; Financial Capability (through Raising Capital, Negotiating Funding with Pan African DFI’s, Arranging funding and Offtake Agreements with CATH, Obtaining Several Offtake Agreements for both Lithium and Tin) Favourable Cadastral Opinion & Favourable Technical Opinion of the DFS for the Manono project. The Ministerial Decree to award the ML was granted last April then taken away

AVZ Minerals also produced an 85-page Sustainability Report committed to Environmental and Social Governance (ESG) including Socio - economic benefits, Preserving environmental values, Providing a transparent and ethical supply chain, Ending poverty, Improving health and education, Economic growth and employment, Minimising greenhouse gas emissions, Preserving biodiversity, Restoring the Mpiana Mwanga Power Plant and Supplying energy and contributing to the local communities. AVZ's Environmental Study and Impact Assessment Reports included 7 ESIA's and Groundwater Management.

Now, following the DRC taking away AVZ's ownership and delaying the Mining License, AVZ has been forced to take the DRC to International Centre For Settlement of Investment Disputes (ICSID)

 

[TDITD]

Those prices they are suggesting are just a fucking insult

Insulting. If I was literally sinking financially I wouldn't sell to those cunts for such an insulting price.
$12 infact no fuck it $15 for such a ridiculous lowball

 

[ptlas]

So going to Thailand huh ?????

Well you know what they say.

Thai girls are like a box of chocolates....

You never know which one has nuts.

Fuck me
You guys must be bored today.

Buying shares for pennies:

1. Get em cheap before takeover.

2. Sow doubt in holders minds in order to reduce TO price.

Either way it displays a lack of confidence in their other tactics and an admittance that they need to cough up.

Much has been made around TO price. $10-15, AUD or USD
I have always been serious about this based on our known resources and lithium price. Perhaps I've been a little conservative.

Whilst I realise a compromise will probably need to be made, 39c, 78c or previous high or $2 have no logic to me.

This resource is huge, high grade and at surface.
It will also only get larger with more drilling.

Either they steal it for 10c or they pay multiple dollars.
There is no middle ground

 

[Carlos Danger]

Another thought is they are buying as many off market to actively minimise the cost of a takeover. Takeover at $2 hurts less when you own 10% of the shares already.

Correct

 

[MoneyBags1348]

I know there’s been rumours about takeover offers or negotiations, my own personal opinion on this is that they would be more like threats than offers…. Eg We’ll give you this if you take it now

When you step back from all the bullshit you’re perspective changes. There’s too many factors involved in a takeover for my mind including ownership and the license

DRC govt and Chinese still trying to screw us and getting desperate. Some here (like me) happy to keep putting information out there but it would be better if more got involved in researching and backing the company

 

[Carlos Danger]

Fuck me
You guys must be bored today.

Buying shares for pennies:

1. Get em cheap before takeover.

2. Sow doubt in holders minds in order to reduce TO price.

Either way it displays a lack of confidence in their other tactics and an admittance that they need to cough up.

Much has been made around TO price. $10-15, AUD or USD
I have always been serious about this based on our known resources and lithium price. Perhaps I've been a little conservative.

Whilst I realise a compromise will probably need to be made, 39c, 78c or previous high or $2 have no logic to me.

This resource is huge, high grade and at surface.
It will also only get larger with more drilling.

Either they steal it for 10c or they pay multiple dollars.
There is no middle ground

Zijin have made it clear what they value Manono at. 1.81 per AVZ share. Anyone that receives an offer from Zijin below this amount should send them a copy of their own damages claim.