AVZ Discussion 2022
- Thread starter GazDix
- Start date
No one is pinning their hopes on people who provide possible Intel or possibilities, especially not after 13 months of suspension where there has been plenty of rumours that never came to fruition.
If they are then that's on them. Not on the people passing info on.
Chilla
Regular
Here’s a question…..Would have to be more than double ATH to even get a whiff of a chance of shareholders voting in favour. ATH didn’t account for latest drilling, upgraded resource estimate, DFS 2.0, Manono SEZ, 10Mtpa plant, 2 x PLS Trains, significantly reduced transport cost to in country battery plant and premium for control of Worlds biggest resource that will continue to get bigger
If AVZ had received ML for the whole of 13359, 75% not disputed, was still trading and we are 6-12 months into the build phase and the info in my previous post was announced to the market…..
What would the SP be trading at now?
Xerof
High Hopes 1994
Celistin’s statement about 3 PR’s is historical events. IMO, he is talking about the 2 tenements we held about 4 years ago, which disappeared off our list in somewhat opaque circumstances (I suspect Cong nicked them), and the 3rd he mentioned is the proposed sale of 24% to CATH. I don’t believe AVZ was required to tell him under SA status of DATHCOM. This really pissed him off as he only got 33m for 15%, and we might get 240 for 24%.
Chilla
Regular
Same thoughts as me.
Chilla
Regular
No one gives a fuck about what you think troll.
Azzler
Top 20
Preamble... I am a meta proton squim with the mental approximation of a mutode....
However...
I would suggest that your preposition of AVZ with a ML be fantasy.
All we can have is what we have, and if we have NO ML, then we have what we have, and no projection of things we do not have may pose reality upon things we do have... Fair enough?
ML or no ML, sale price is what we can get... what someone is willing to pay. ML or no ML, possibly no ML.
Azzler
Top 20
I wholely and irrecovebly fart upon this response.
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Chilla
Regular
It was a simple enough question…..
MoneyBags1348
Top 20
I would think the numbers around the $15 to 20 billion Chilla, so for me $5 to $6 with sharp increases coming at stages when construction completed PLS plant under construction and production is increased…. Did I mention the possibility of each new core assay showing more high grade pegmatites
If we were in a JV with CATH and possibly CMOC construction time and CAPEX both cut by 40% so sticking with the same share price
@Azzler don’t get caught up in the hysteria and desperate attempts by trolls trying to sow doubt at every turn
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"Possibly no ML". So what is it then ? A minute ago you were saying AVZ have sold . Get off the bong buddy. You fools have trouble sticking to your own made up narrative. If you are going to make up stuff best stay sober .
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Azzler
Top 20
Possibly my nuts, possibly my scrotum, which do you like? I know you're a fan of the general area.
Let me be clear about something, Mr. Der Geist... you are a revolting psychopath.
How do you like that certainty?
Yep I'm really certain of that.. you utter piece of shit.
Oh I know, why don't you post it on twitter, under Sir Les, and quote that Juba1845 is some kind of legend.
MoneyBags1348
Top 20
Final comments….
The DRC won’t want the ICSID arbitration to go ahead and would rather an agreement or compromise with AVZ be reached
The DRC still has the power to award the ML to AVZ (majority holder in Dathcom)
AVZ hold a legal advantage over the DRC in the upcoming ICSID, plus the DRC legal team is weak with one of their French lawyers recently exposed for corruption
Everyone knows all this, my own opinion on all this is that the ML will be granted
All you other shareholders form your own opinion but be aware there are trolls, short sellers and other corrupt entities from CAMI (Mupande), Cominiere (Celestin Kibeya), AJN (Klaus Jerkoff) TTX (Eric Allard) and others here and on other forums taking advantage and trying to exploit the the fact that shareholders here can be vulnerable to their deceit and lies
To be honest I think the big players know they are fucked and it’s the short sellers that are posting all the lies on forums
The DRC won’t want the ICSID arbitration to go ahead and would rather an agreement or compromise with AVZ be reached
The DRC still has the power to award the ML to AVZ (majority holder in Dathcom)
AVZ hold a legal advantage over the DRC in the upcoming ICSID, plus the DRC legal team is weak with one of their French lawyers recently exposed for corruption
Everyone knows all this, my own opinion on all this is that the ML will be granted
All you other shareholders form your own opinion but be aware there are trolls, short sellers and other corrupt entities from CAMI (Mupande), Cominiere (Celestin Kibeya), AJN (Klaus Jerkoff) TTX (Eric Allard) and others here and on other forums taking advantage and trying to exploit the the fact that shareholders here can be vulnerable to their deceit and lies
To be honest I think the big players know they are fucked and it’s the short sellers that are posting all the lies on forums
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I note you’re quite the film buff mate. In particular you often post the scene from goodfellas with Ray Liotta getting the windup from joe Pesci. Don’t get me wrong, it’s a fine film but can I recommend another Scorsese film which also features De niro, The King of Comedy, seems a bit more apt
cruiser51
Top 20
Make that Juba the kuntt pleaseCrankin' it a few notches there in the recent posts @Azzler
Interesting to see how this will all pan out in the galactic battle against Juba the Hutt
View attachment 40539
bloke383
Regular
It looks like 90% of the vote is required IF it ever comes to a vote on a sale/take over ?
The Allens handbook on takeovers in Australia - Takeover bids
In general terms, a takeover bid involves a bidder making individual purchase offers at a specified bid price to all holders of securities in an ASX-listed Australian company or trust.
- the bidder is entitled to compulsory acquisition if it obtains a relevant interest in at least 90% of the target securities (and has acquired at least 75% of the securities it offered to acquire).
As far as I'm concerned , AVZ still holds the upper hand . If any of the protagonists had a killer blow , they would have used it by now . All they have are stalling tactics . Bullying and lies won't cut it at the ICC & ICSID . AVZ should continue as they are , & not give an inch . We haven't done anything wrong . I can guarantee that the locals of Manono & people of the DRC will be a lot better off if China is not allowed to gain control
The best post I have read in a long time. Many thanks for your logical and clearly articulated thoughts.It looks like 90% of the vote is required IF it ever comes to a vote on a sale/take over ?
The Allens handbook on takeovers in Australia - Takeover bids
In general terms, a takeover bid involves a bidder making individual purchase offers at a specified bid price to all holders of securities in an ASX-listed Australian company or trust.content.allens.com.au
Considering this is a world class deposit that will probably dictate future market prices , I don't think offering a price just surpassing share price all time highs ($1.30 / $5 billion approx) will suffice . Wouldn't there be a larger than 10% block (that can see the true value) even if you just take into consideration the holders that attended the roadshows (including the larger TSE holders) plus the BOD ? An offer of $10 billion shouldn't even be entertained when you look at the likes of LTRs $6.25 billion current market cap
- the bidder is entitled to compulsory acquisition if it obtains a relevant interest in at least 90% of the target securities (and has acquired at least 75% of the securities it offered to acquire).
As far as I'm concerned , AVZ still holds the upper hand . If any of the protagonists had a killer blow , they would have used it by now . All they have are stalling tactics . Bullying and lies won't cut it at the ICC & ICSID . AVZ should continue as they are , & not give an inch . We haven't done anything wrong . I can guarantee that the locals of Manono & people of the DRC will be a lot better off if China is not allowed to gain control
The Fox
Regular
Hey Chilla,
That's interesting.
Shares held in a locally registered company in the DRC (Dathcom) by wholly owned subsidiary of AVZ Minerals Ltd (AVZ International Pty Ltd) needs AVZ Minerals (ASX) shareholders to approval to sell shares in Dathcom or assign PR rights held by Dathcom to a third party.
No to mention the extensions around PR 13559 are held by AVZ Minerals Congo Sarlu.
Not sure about that mate, can't seem to find confirmation of your assumption in the ASX listing rules, can you point me in the right direction please?
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