AVZ Discussion 2022
- Thread starter GazDix
- Start date
MoneyBags1348
Top 20
Pretty much same as usual reading today.
Lots of whining, lots of opinions by people who have never actually done anything to help the company or other shareholders let alone research anything, apart from the odd shareholder like @Carlos Danger and whats that Carlos…. After 3 pages of whining they didn’t actually get any bonuses last financial year.
Not sure many people here actually read a whole Annual Report, so thanks for your posts Carlos, at least I now know one other person did. I wouldn’t bother explaining abbreviations like LTI’s or STI’s, there’s probably one too many letters in there for those people.
My own personal view for my own reasons is I wouldn’t be worried whether or not Zijin turn up at the ICC, and following on from that, the granting of the ML.
As far as disclosure and remunerations, for all the whiner’s who have been breastfed until they got to big school, I’m sorry that the BOD gets remunerations and didn’t disclose more to us because we could have had a share price in the 20c range…. then the whiners would all be happy and dreaming they were still on their mummy’s left tit.
Yes, I know how hard it is…. I’ve got shares in three companies all of which are dealing with corruption and other issues in Africa and all of which have been in suspension for extended periods. What better way to support them than turning against them eh, who cares if they’re on the frontline.
Why don’t you whiners give Jerkoff, Math, Huljich, Tommy or Boatman a call, I’m sure they’ll tell you the best way to get the share price back down 20 cents and no doubt they’ll all have a sympathetic ear.
One last little bit of information for the dumbfucks, the biggest thing that came out of the 2023 DRC Battery Metals event was the attention that was drawn to the corruption there and most of you wouldn’t even have a clue why.
As for me, I’ll be happy to leave the threads to all the breastfeeding whiners now, I don’t think I’ll be missing much as I can’t actually remember one post from them that had any information relevant to what AVZ has been dealing with.
Lots of whining, lots of opinions by people who have never actually done anything to help the company or other shareholders let alone research anything, apart from the odd shareholder like @Carlos Danger and whats that Carlos…. After 3 pages of whining they didn’t actually get any bonuses last financial year.
Not sure many people here actually read a whole Annual Report, so thanks for your posts Carlos, at least I now know one other person did. I wouldn’t bother explaining abbreviations like LTI’s or STI’s, there’s probably one too many letters in there for those people.
My own personal view for my own reasons is I wouldn’t be worried whether or not Zijin turn up at the ICC, and following on from that, the granting of the ML.
As far as disclosure and remunerations, for all the whiner’s who have been breastfed until they got to big school, I’m sorry that the BOD gets remunerations and didn’t disclose more to us because we could have had a share price in the 20c range…. then the whiners would all be happy and dreaming they were still on their mummy’s left tit.
Yes, I know how hard it is…. I’ve got shares in three companies all of which are dealing with corruption and other issues in Africa and all of which have been in suspension for extended periods. What better way to support them than turning against them eh, who cares if they’re on the frontline.
Why don’t you whiners give Jerkoff, Math, Huljich, Tommy or Boatman a call, I’m sure they’ll tell you the best way to get the share price back down 20 cents and no doubt they’ll all have a sympathetic ear.
One last little bit of information for the dumbfucks, the biggest thing that came out of the 2023 DRC Battery Metals event was the attention that was drawn to the corruption there and most of you wouldn’t even have a clue why.
As for me, I’ll be happy to leave the threads to all the breastfeeding whiners now, I don’t think I’ll be missing much as I can’t actually remember one post from them that had any information relevant to what AVZ has been dealing with.
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AgreeIts a pity this poster is not a TSE member............
View attachment 45985
Talk about a diamond in the proverbial ............
Felix may have 40,000 soldiers, but that aint helping win the war, not even close....
So not sure that helps his re election prospects one little bit to be honest, dismal failure going by the link below
Conflict in the Democratic Republic of Congo | Global Conflict Tracker
Learn about the world's top hotspots with this interactive Global Conflict Tracker from the Center for Preventive Action at the Council on Foreign Relations.
www.cfr.org
You need to do your research properly this is POS a junior Australian company with a share price of 0.019 cents and a market cap of $70.45M and this is the MD Mr Harold, MD earning $550,000 per year
Mr Shalders, CFO $340,000 10.5% No fixed term 3 months notice &
termination payment
$300,000
Mr Jones, GM Mining $350,000 10.5% No fixed term 3 months notice &
termination payment
$350,000
Mr Maxton, Project
Director
$340,000
Now this is a junior nickel miner their remuneration is on the high side and there are many others on the ASX who command higher salaries.
John25
Regular
Great cherry picking seeing that theres almost 700 mining companies on the ASX with a majority being juniors
I was actually agreeing with you Geo, for once, if you read the post. On the higher end for an explored-cum-developer but not unusual. I don't take issue with actual AVZ salaries.
Carlos Danger
Top 20
The destruction of shareholder value through dilution to maintain this business model is insane. At least holders of POS are free to sell if they aren't happy which they have been doing in droves. Although those remaining now have a BFS and clear potential of generating income as consolation for their current unrealised capital losses.
We have the AEC he doesnt. Need a system of control come election time. I guess we will see. Love your workFelix may have 40,000 soldiers, but that aint helping win the war, not even close....
So not sure that helps his re election prospects one little bit to be honest, dismal failure going by the link below
Conflict in the Democratic Republic of Congo | Global Conflict Tracker
Learn about the world's top hotspots with this interactive Global Conflict Tracker from the Center for Preventive Action at the Council on Foreign Relations.
Carlos Danger
Top 20
How much is the 15% worth, $150 million? Felix is going to need quick funds
oxxa23
Regular
Yeah hey, fancy questioning a board that has had obvious disclosure issues and handed themselves millions of freebies at the same time...we should all just get into line and follow blindly... and then the nerve of us to comment about it on a forum....
BTW, either the remuneration report or the notes is wrong... as accrual accounting doesn't allow for payments in different periods to be reported in the current one unless derived/earnt this year.. and well, there was no employee entitlements owing at 30 June 2022 or 2023... so they've stuffed something up...
Mickyb64
Regular
It's starting to get really old that every time someone criticises this BOD they are labelled a whinger for not doing anything to help AVZ. When I invested, I checked the resource, the company and DRC political situation. I took a calculated risk and understood that I might lose my cash. I didn't invest thinking I would be required to troll through multiple social media platforms defending AVZ. I don't claim to have contacts in the DRC or within AVZ as some on here claim, I just invested based on what I could research. If I'm not happy with the cone of silence BOD and their bonus payments,I should be able to say so here without being labelled a whinger.
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Cumquat Cap
Regular
Couldn’t agree more with the boys above, I am a long term holder desperate for a return on my investment, I hope moneybags keeps the same dick riding energy for management when they’re raising private capital whilst still paying themselves handsomely thus diluting the shit out of us. I very much hope $avz succeeds but think our management have been arrogant and have not performed the duties/expectations of their role. They’ve been poor and need to produce an outcome ASAP
Cumquat Cap
Regular
Management was us to vote then back in and ignore these MMGA sharks/cunts - produce a fucking outcome that will lead to shareholder liquidity and capital growth. Simple equation
Samus
Top 20
The focus right now should be as below:
"The ICC Tribunal is determining the issue of jurisdiction as a preliminary question. That preliminary question was originally listed for hearing in July 2023, but Jin Cheng sought a postponement of the hearing to give it an opportunity to address allegations raised by AVZI that the sale from Cominière to Jin Cheng was also tainted by corruption.
The preliminary question is currently listed for hearing on 5 and 6 October 2023.
AVZ is confident AVZI’s jurisdictional challenge will be successful, which will affirm that Jin Cheng does not have the right to instigate the ICC arbitration proceedings against AVZI as it is not (and never has been) a shareholder in Dathcom."
"The ICC Tribunal is determining the issue of jurisdiction as a preliminary question. That preliminary question was originally listed for hearing in July 2023, but Jin Cheng sought a postponement of the hearing to give it an opportunity to address allegations raised by AVZI that the sale from Cominière to Jin Cheng was also tainted by corruption.
The preliminary question is currently listed for hearing on 5 and 6 October 2023.
AVZ is confident AVZI’s jurisdictional challenge will be successful, which will affirm that Jin Cheng does not have the right to instigate the ICC arbitration proceedings against AVZI as it is not (and never has been) a shareholder in Dathcom."
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MoneyBags1348
Top 20
No worries fellow shareholders, even though I see the analogy that @obe wan posted that we are all on the same ship, I guess I’ve probably looked at it in a different view to others.
With a view that some on board are the kind who try and help other shareholders while others scramble to get to the lifeboats when the storm doesn’t seem to have an end…. and then there’s just the plain old dumb ones.
No worries, you lot have fun digging up your own information and doing your best to get the share price back down to 20cents so you can sell. I’m beyond giving a shit about trying to help the dumbfucks here.
With a view that some on board are the kind who try and help other shareholders while others scramble to get to the lifeboats when the storm doesn’t seem to have an end…. and then there’s just the plain old dumb ones.
No worries, you lot have fun digging up your own information and doing your best to get the share price back down to 20cents so you can sell. I’m beyond giving a shit about trying to help the dumbfucks here.
Cumquat Cap
Regular
Moneybags I very much appreciate the work you put in to uncovering th corruption that surrounds our investment. I hope you continue to engage with everyone here.
But I stand by my comments, management have been greedy and tone deaf at the last 2 x AGMS (they should return all the performance shares they took whilst clearly withholding information about our investment in 2021) and they are directly contributing to the confusion that stands in the upcoming AGM. I hope they read this and do their fucking jobs, I want access to my capital
But I stand by my comments, management have been greedy and tone deaf at the last 2 x AGMS (they should return all the performance shares they took whilst clearly withholding information about our investment in 2021) and they are directly contributing to the confusion that stands in the upcoming AGM. I hope they read this and do their fucking jobs, I want access to my capital
TDITD
Top 20
A dangerous move for him to react like that, especially as someone could relate his reaction to that of last year with Klaus and AJN, and what's transpired since. A well-constructed reply would make him look very amateurish. I doubt the room would allow him so much wriggle room this time if no movement has occurred by AGM.
For everyones sake, I'm hoping like Beisha that its in the bag already and we are just waiting on Mr. President to make a fan-fare of it. Doesn't make any sense to score own-goals for the MMGA crooks, who on their own cant even get near the goals.
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