AVZ Discussion 2022

[BEISHA]

Yes I've heard this said and he may well have a tax bill but the story doesn't make much sense if you think about it.
If he bought in higher, wouldn't he want AVZ to succeed?

No, he's short, massively! IMO
I'm reasonably certain he's part of the villinous team who organised the entire attack on AVZ in the first place.
His connection with Simon Cong, his history with AVZ management, his hidden agenda, his research skills, and more, it all comes together.

While Zijin and Cominiere and Cong had already initiated their attacks, Geist was instructed to get the worrying news out to shareholders.
Acting as the concerned researcher who stumbled upon concerning information, although he's a great researcher, he didn't need to research shit to know about it.
At the same time the short selling attack had begun and the price began moving south.
Management halted it at 74c.

Just IMO and what I've pieced together. There's more info i'll keep undisclosed though.

Dergeist is a CUNT!

 

[dollarbills]

Yes I've heard this said and he may well have a tax bill but the story doesn't make much sense if you think about it.
If he bought in higher, wouldn't he want AVZ to succeed?

No, he's short, massively! IMO
I'm reasonably certain he's part of the villinous team who organised the entire attack on AVZ in the first place.
His connection with Simon Cong, his history with AVZ management, his hidden agenda, his research skills, and more, it all comes together.

While Zijin and Cominiere and Cong had already initiated their attacks, Geist was instructed to get the worrying news out to shareholders.
Acting as the concerned researcher who stumbled upon concerning information, although he's a great researcher, he didn't need to research shit to know about it.
At the same time the short selling attack had begun and the price began moving south.
Management halted it at 74c.

Just IMO and what I've pieced together. There's more info i'll keep undisclosed though.

Interesting.. Trying to make money on the way up and down. If true these are unbelievable shenanigans he has done to make money and rip off 20000 shareholders.

Shorters are nothing but parasites.

 

[Uglybob]

Dergeist is a CUNT!

No, that would imply he's useful and adored by many. Dergeist is a choad.

 

[BEISHA]

No, that would imply he's useful and adored by many. Dergeist is a choad.

Yep, pretty much sums that " prick " up doesnt it ?

Never heard of that word before, thought i would reveal the definition for anyone else that is " thick " on this forum...

 

[Rediah]

Hi Lucas Don Velor

Copper fans often use 3% of in-ground ore as a rule of thumb. There are other heuristics, but this one is popular. I am inclined to use at least 3%, rather than 1% as a guide to the value of the Manono resource due to Manono's homogeneous high grade ore with few impurities, and its near-surface location that requires little stripping.

Manono has a total mineral resource of 842 million tonnes grading at 1.61% lithium oxide (Li2O), containing 13.52 million tonnes of Li2O. The split is: Roche Dure, 669 million tonnes grading at 1.63% Li2O, and Carrière de l'Este: 173 million tonnes grading 1.58% Li2O.

Assuming a lithium metal price of $US15,000 per tonne, the aggregate value of Manono's lithium resource is: 842 million tonnes x 1.61% Li2O x 0.464 (lithium content) x $US15,000/tonne = $US93.8 billion ($AU142 billion).

Three percent of $AU142 billion is $AU4.26 billion.

AVZ holds 75% of the resource, which equates to $AU3.20 billion. Since AVZ has 3,528,729,748 shares on issue, that's 90c per share.

While 90c is just a guesstimate and nowhere near the resource's true market value or what we will accept, it takes into account the 80% drop in lithium price that has occurred since 2022. In any case, it's still a whole lot better than the 15c being bandied around by some over at the other place.

Oh, and mine certainly are not for sale at a miserly 90c.

Cheers
F

I thought we can add good old pain and suffering element in, plus the interest, plus it should be calculated at the time when market was thriving before Zijin tried to interfere with it that is telling its co conspirators to manipulate the market and what.

Not sure how exactly the value will be calculated. Say next month Li goes to zero, it wont be like we will be compensated at that rate?

We should be compensated when LTR rejected the offers almost a year ago in March 2023 and it shot its price $1.64 to $2.59?

 

[Flight996]

I thought we can add good old pain and suffering element in, plus the interest, plus it should be calculated at the time when market was thriving before Zijin tried to interfere with it that is telling its co conspirators to manipulate the market and what.

Not sure how exactly the value will be calculated. Say next month Li goes to zero, it wont be like we will be compensated at that rate?

We should be compensated when LTR rejected the offers almost a year ago in March 2023 and it shot its price $1.64 to $2.59?

You make an interesting point Rediah

The amount eventually awarded by ICSID is likely to be closer to $AU10 billion than $AU4.26 billion. That's $AU2.83/share, rather than $AU0.90/share. But will the DRC choose to simply ignore the umpire's call...probably.

Cheers
F

 

[Rediah]

Must be AVZ gear

Brand New in a Box..

Sorry, ignore this, I am not sure what Graeme is talking about, I am just connecting the dots in my head, and he might be talking about totally different gear thats becoming available.

 

[TDITD]

Hi Lucas Don Velor

Copper fans often use 3% of in-ground ore as a rule of thumb. There are other heuristics, but this one is popular. I am inclined to use at least 3%, rather than 1% as a guide to the value of the Manono resource due to Manono's homogeneous high grade ore with few impurities, and its near-surface location that requires little stripping.

Manono has a total mineral resource of 842 million tonnes grading at 1.61% lithium oxide (Li2O), containing 13.52 million tonnes of Li2O. The split is: Roche Dure, 669 million tonnes grading at 1.63% Li2O, and Carrière de l'Este: 173 million tonnes grading 1.58% Li2O.

Assuming a lithium metal price of $US15,000 per tonne, the aggregate value of Manono's lithium resource is: 842 million tonnes x 1.61% Li2O x 0.464 (lithium content) x $US15,000/tonne = $US93.8 billion ($AU142 billion).

Three percent of $AU142 billion is $AU4.26 billion.

AVZ holds 75% of the resource, which equates to $AU3.20 billion. Since AVZ has 3,528,729,748 shares on issue, that's 90c per share.

While 90c is just a guesstimate and nowhere near the resource's true market value or what we will accept, it takes into account the 80% drop in lithium price that has occurred since 2022. In any case, it's still a whole lot better than the 15c being bandied around by some over at the other place.

Oh, and mine certainly are not for sale at a miserly 90c.

Cheers
F

Don't forget we have a FLOOR price already given to us by the cunts at Zijin.
Remember they filed gormlessly with the ICC in conjunction with the ever-dense Cominiere fuckwits.

https://avzminerals.com.au/asx-announcements (Ann 15th May 2023)

They themselves valued the project at $5.66B USD
So 75% = $4.245B USD = $6.424B AUD = $1.83 AUD per-share (approx)


This is the price our corrupt slimy fuck-witted little detractors have placed on the project. Thanks for the minimum price boys.

This was before our 47% resource upgrade to an eye watering 842MT @ 1.61%Li2O !

This was without the whopping numbers of the BFS which is still to be released !

Now add that to the floor price


Bring it on home BOD



#FuckMUPANDE

 

[cruiser51]

Don't forget we have a FLOOR price already given to us by the cunts at Zijin.
Remember they filed gormlessly with the ICC in conjunction with the ever-dense Cominiere fuckwits.

https://avzminerals.com.au/asx-announcements (Ann 15th May 2023)

They themselves valued the project at $5.66B USD
So 75% = $4.245B USD = $6.424B AUD = $1.83 AUD per-share (approx)


This is the price our corrupt slimy fuck-witted little detractors have placed on the project. Thanks for the minimum price boys.

This was before our 47% resource upgrade to an eye watering 842MT @ 1.61%Li2O !

This was without the whopping numbers of the BFS which is still to be released !

Now add that to the floor price


Bring it on home BOD



#FuckMUPANDE

And don't forget the bloody tin!!
Dunno how much that's worth per share.
I would say enough to have a great piss up, don't want to give that away for free!

 

[JNRB]

Hi all, I have another question re delisting.
Does anyone know what happens to holdings that are held with a custodian model trading platform rather than CHESS?
Something like IG. Does anything change?
(I'll email IG also but from experience they are shit at customer service)

 

[lellep]

Hi Lucas Don Velor

Copper fans often use 3% of in-ground ore as a rule of thumb. There are other heuristics, but this one is popular. I am inclined to use at least 3%, rather than 1% as a guide to the value of the Manono resource due to Manono's homogeneous high grade ore with few impurities, and its near-surface location that requires little stripping.

Manono has a total mineral resource of 842 million tonnes grading at 1.61% lithium oxide (Li2O), containing 13.52 million tonnes of Li2O. The split is: Roche Dure, 669 million tonnes grading at 1.63% Li2O, and Carrière de l'Este: 173 million tonnes grading 1.58% Li2O.

Assuming a lithium metal price of $US15,000 per tonne, the aggregate value of Manono's lithium resource is: 842 million tonnes x 1.61% Li2O x 0.464 (lithium content) x $US15,000/tonne = $US93.8 billion ($AU142 billion).

Three percent of $AU142 billion is $AU4.26 billion.

AVZ holds 75% of the resource, which equates to $AU3.20 billion. Since AVZ has 3,528,729,748 shares on issue, that's 90c per share.

While 90c is just a guesstimate and nowhere near the resource's true market value or what we will accept, it takes into account the 80% drop in lithium price that has occurred since 2022. In any case, it's still a whole lot better than the 15c being bandied around by some over at the other place.

Oh, and mine certainly are not for sale at a miserly 90c.

Cheers
F

You forgot about the tin

 

[LX600]

Excuse me, but lithium Metal price is not $15000USD per ton. It is $100k USD per ton.

…

Hi Lucas Don Velor

Copper fans often use 3% of in-ground ore as a rule of thumb. There are other heuristics, but this one is popular. I am inclined to use at least 3%, rather than 1% as a guide to the value of the Manono resource due to Manono's homogeneous high grade ore with few impurities, and its near-surface location that requires little stripping.

Manono has a total mineral resource of 842 million tonnes grading at 1.61% lithium oxide (Li2O), containing 13.52 million tonnes of Li2O. The split is: Roche Dure, 669 million tonnes grading at 1.63% Li2O, and Carrière de l'Este: 173 million tonnes grading 1.58% Li2O.

Assuming a lithium metal price of $US15,000 per tonne, the aggregate value of Manono's lithium resource is: 842 million tonnes x 1.61% Li2O x 0.464 (lithium content) x $US15,000/tonne = $US93.8 billion ($AU142 billion).

Three percent of $AU142 billion is $AU4.26 billion.

AVZ holds 75% of the resource, which equates to $AU3.20 billion. Since AVZ has 3,528,729,748 shares on issue, that's 90c per share.

While 90c is just a guesstimate and nowhere near the resource's true market value or what we will accept, it takes into account the 80% drop in lithium price that has occurred since 2022. In any case, it's still a whole lot better than the 15c being bandied around by some over at the other place.

Oh, and mine certainly are not for sale at a miserly 90c.

Cheers
F

 

[Frank]

 

[Flight996]

Excuse me, but lithium Metal price is not $15000USD per ton. It is $100k USD per ton.

…

Yes, you are correct.
Lemme recalculate.

 

[Xerof]

Yes, you are correct.
Lemme recalculate.

 

[Stockinvesting]

You forgot about the tin

I'd take 90 cents in a heartbeat.

 

[Flight996]

Excuse me, but lithium Metal price is not $15000USD per ton. It is $100k USD per ton.

…

Thanks LX600 for the correction, and lellep for reminding me of the tin, and TDITD for Zijin/Cominiere's project valuation.

Here is the revised calculation using $US112,000/ton battery grade lithium metal:

Manono has a total mineral resource of 842 million tonnes grading at 1.61% lithium oxide (Li2O), containing 13.52 million tonnes of Li2O. The split is: Roche Dure, 669 million tonnes grading at 1.63% Li2O, and Carrière de l'Este: 173 million tonnes grading 1.58% Li2O.

Based on a spot lithium metal price of $US112,000 per tonne, the aggregate value of Manono's lithium resource is: 842 million tonnes x 1.61% Li2O x 0.464 (lithium content) x $US112,000/tonne = $US704.7 billion ($AU1,064 billion).

Three percent of $AU1,064 billion is $AU31.9 billion.

AVZ holds 75% of the resource, which equates to $AU23.9 billion. AVZ has 3,528,729,748 shares on issue, which is $AU6.78 per share PLUS tin credits.

While $6.78 is just a guesstimate, which does not take into account a wide range of variables and costs, it takes into account the 80% drop in lithium price since 2022. In any case, it's still a whole lot better than the 15c being bandied around by some over at the other place.

Cheers
F

 

[Samus]

Thanks LX600 for the correction, and lellep for reminding me of the tin, and TDITD for Zijin/Cominiere's project valuation.

Here is the revised calculation using $US112,000/ton battery grade lithium metal:

Manono has a total mineral resource of 842 million tonnes grading at 1.61% lithium oxide (Li2O), containing 13.52 million tonnes of Li2O. The split is: Roche Dure, 669 million tonnes grading at 1.63% Li2O, and Carrière de l'Este: 173 million tonnes grading 1.58% Li2O.

Based on a spot lithium metal price of $US112,000 per tonne, the aggregate value of Manono's lithium resource is: 842 million tonnes x 1.61% Li2O x 0.464 (lithium content) x $US112,000/tonne = $US704.7 billion ($AU1,064 billion).

Three percent of $AU1,064 billion is $AU31.9 billion.

AVZ holds 75% of the resource, which equates to $AU23.9 billion. AVZ has 3,528,729,748 shares on issue, which is $AU6.78 per share PLUS tin credits.

While $6.78 is just a guesstimate, which does not take into account a wide range of variables and costs, it takes into account the 80% drop in lithium price since 2022. In any case, it's still a whole lot better than the 15c being bandied around by some over at the other place.

Cheers
F

 

[Cumquat Cap]

Jesus whoever takes us out will make an absolute fortune. Should invest in which every company takes us over post MoU

 

[JasonM]

Hi all, I have another question re delisting.
Does anyone know what happens to holdings that are held with a custodian model trading platform rather than CHESS?
Something like IG. Does anything change?
(I'll email IG also but from experience they are shit at customer service)

I've got the same query. I've emailed interactive brokers a few days ago and have heard sweet f all. if you do get a response please post it and I will likewise. cheers