Mr_Tones83
Regular
Yeah I was just thinking logically about getting to that number, not going to provide commentary about the merits of it at this point though...
AVZ Discussion 2022
- Thread starter GazDix
- Start date
DiscoDanNZ
Regular
Frank
Top 20
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oxxa23
Regular
It will have something to do with above all time highs. Above all time highs means nobody sues for a loss. Would be first thing on directors minds fir minimum target I reckon.
Xerof
Flaming 1967
Can we have some more concerned shareholders shit the bed over funding today please. Hoops has only been able to make one post on HC in the past two weeks from his voyuerism over here, pointing out that 2 shareholders out of 20,500 are expressing concern about the Locke funding
Just make some up for him, he's losing traction
Just make some up for him, he's losing traction
Samus
Top 20
That old cunt creamed his pants too early, deadline isn't until tomorrow!
Plus maybe we wait another day or two to put together the announcement.
Good thing is these days we get updates at 9pm on Sunday's and things like that, suits my lifestyle much more than the asx cycle.
Maybe he can post that on the Crapper too
cruiser51
Top 20
Hope he's actively sought government support to safeguard his decision. TO offers shouldn't be dependent on this.
oxxa23
Regular
Two things that would be firmly in their mind:
(For nigel) 50m shares worth is a lot better if you get 50% cgt discount... so selling the shares for cgt discount, as opposed to selling the project for dividends would be significantly better.
And to enable the above, they'll likely need firb approval... so usa or eu linked sales would probably pass by firb approval...as opposed to the Chinese.
But, if someone pays considerably more you'd have to consider dividends, which wouldn't need firb approval (by selling the project)
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Carlos Danger
Top 20
The way I see it the only outcome where management will sell below the ATH of 1.375 is if all potential claims by Omni Bridgeway ie Dathomir and Zijin are put to the sword in arbitration
The wording of announcements regarding these matters suggests as such
Personally I would vote no to anything below 1.38 for a full buyout as I have stated many times as there is no way I would want to see legends like @Rediah lose out due to no fault of their own
On an off market transfer for my personal shares only I may be persuadable to a lower price but I wouldn’t be going under a buck even in that situation
My guess at the final sale price still stands at 1.88 for the same obvious reasons
Samus
Top 20
Manono: could there be misappropriation of $70 million?
The case of an alleged embezzlement of 70 million dollars is making headlines in the province of Tanganyika. Since last week, the management committee of Cominière and a subsidiary of the Chinese company Zijin, Manono Lithium, have been singled out for accusation.
According to the NGO Vision Nationale, the company Manono Lithium paid $70 million to the NGO Le Bouclier. The outflow of these funds would have been authorized by the public company Cominière. In fact, the allocation of this sum of money is described by this civic structure as misappropriation.
Master Bonny Kitenge, National President of this NGO demands explanations. “ We learn that the 70 million dollars were converted into humanitarian aid, ” he expressed surprise during a press conference held in Kalemie. And to add “ We wonder who authorized the Cominière agents to decide in this way. The money that was supposed to go into the public treasury is converted into humanitarian aid.”
For his part, Father Moise Kiluba, head of civil society in Manono, also questions the allocation of this fund. » The information circulated on social networks. As a civil society, we asked the Cominière company to meet in Manono so that they could provide us with explanations. But until then, we wait for the rest »
400 households assisted in Kalemie
In the meantime, the NGO Le Bouclier, beneficiary of $70 million from Manono Lithium, has just provided assistance in the town of Kalemie. Thus, 400 flood-affected households at the Kyomba site in the Mateo district received aid. These include corn flour, soap, sugar, salt and tarpaulins.Nevertheless, this so-called 'humanitarian' action provokes reactions in Manono. Civil society does not understand why the NGO Le Bouclier targeted the victims of Kalemie rather than those of Manono. » Our territory is also a victim of flooding. There are victims at home in Manono . Why did you leave them out of this assistance? Asks Father Moise Kiluba.
Furthermore, the children of the traditional chiefs of Kalemie and some young people denounce the disparity between the fund disbursed and the humanitarian aid in question. For them, the sum of $70 million is higher than the action taken in Kalemie. “ This is a pure and simple scam ,” they said. Therefore, they call on provincial and national deputies to closely monitor this issue so that responsibilities are established.
Read also: https://magazinelaguardia.info/2024...n-des-activites-de-manono-lithium-fait-debat/
Actions to demand the truth
Despite everything, the NGO Vision National promises to carry out citizen actions to demand the return of the embezzled money. “We are going to organize a series of demonstrations. We intend to demand the truth about the destination of 70 million dollars,” declares Master Bonny Kitenge. And to continue “ I invite the prosecutor at the Court of Cassation to open a judicial investigation against the Cominière management committee . »Pending the outcome of this case, the provincial government of Tanganyika has suspended the activities of Manono Lithium. The decision is contained in a letter addressed to the administrator of the territory of Manono. He himself was also urgently summoned on May 22 to Kalemie
Manono: y aurait-il détournement des 70 millions $ ?
La société civile de Manono exige des explications à Cominière sur l'affectation d'un fonds de 70 millions de dollars
magazinelaguardia.info
Mr_Tones83
Regular
"As a civil society, we asked the Cominière company to meet in Manono so that they could provide us with explanations. But until then, we wait for the rest"Manono: could there be misappropriation of $70 million?
The case of an alleged embezzlement of 70 million dollars is making headlines in the province of Tanganyika. Since last week, the management committee of Cominière and a subsidiary of the Chinese company Zijin, Manono Lithium, have been singled out for accusation.
According to the NGO Vision Nationale, the company Manono Lithium paid $70 million to the NGO Le Bouclier. The outflow of these funds would have been authorized by the public company Cominière. In fact, the allocation of this sum of money is described by this civic structure as misappropriation.
Master Bonny Kitenge, National President of this NGO demands explanations. “ We learn that the 70 million dollars were converted into humanitarian aid, ” he expressed surprise during a press conference held in Kalemie. And to add “ We wonder who authorized the Cominière agents to decide in this way. The money that was supposed to go into the public treasury is converted into humanitarian aid.”
For his part, Father Moise Kiluba, head of civil society in Manono, also questions the allocation of this fund. » The information circulated on social networks. As a civil society, we asked the Cominière company to meet in Manono so that they could provide us with explanations. But until then, we wait for the rest »
400 households assisted in Kalemie
In the meantime, the NGO Le Bouclier, beneficiary of $70 million from Manono Lithium, has just provided assistance in the town of Kalemie. Thus, 400 flood-affected households at the Kyomba site in the Mateo district received aid. These include corn flour, soap, sugar, salt and tarpaulins.
Nevertheless, this so-called 'humanitarian' action provokes reactions in Manono. Civil society does not understand why the NGO Le Bouclier targeted the victims of Kalemie rather than those of Manono. » Our territory is also a victim of flooding. There are victims at home in Manono . Why did you leave them out of this assistance? Asks Father Moise Kiluba.
Furthermore, the children of the traditional chiefs of Kalemie and some young people denounce the disparity between the fund disbursed and the humanitarian aid in question. For them, the sum of $70 million is higher than the action taken in Kalemie. “ This is a pure and simple scam ,” they said. Therefore, they call on provincial and national deputies to closely monitor this issue so that responsibilities are established.
Read also: https://magazinelaguardia.info/2024...n-des-activites-de-manono-lithium-fait-debat/
Actions to demand the truth
Despite everything, the NGO Vision National promises to carry out citizen actions to demand the return of the embezzled money. “We are going to organize a series of demonstrations. We intend to demand the truth about the destination of 70 million dollars,” declares Master Bonny Kitenge. And to continue “ I invite the prosecutor at the Court of Cassation to open a judicial investigation against the Cominière management committee . »
Pending the outcome of this case, the provincial government of Tanganyika has suspended the activities of Manono Lithium. The decision is contained in a letter addressed to the administrator of the territory of Manono. He himself was also urgently summoned on May 22 to Kalemie
Manono: y aurait-il détournement des 70 millions $ ?
La société civile de Manono exige des explications à Cominière sur l'affectation d'un fonds de 70 millions de dollarsmagazinelaguardia.info
Another no-show I'd say. The heat is sure turning up for Cominiere... about time.
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