AVZ Discussion 2022

[Jazz]

So much bad and incorrect tax advice—on an offer that hasn’t even been made yet!

That may be true. But if a value is established via an offer, any advantages found by shuffling holdings around may not be available.
From my basic understanding, it is arguable that the share value right now is anything from 1 cent (thanks to MMGA), through to $12. Seems this variance may be used to holders advantage.

 

[KentCStrait]

Please explain how capital buyback enables cgt discount?

The capital gains tax (CGT) discount applies when you sell an asset you’ve held for more than 12 months — including shares. In a share buyback, if the payment you receive is classified as a return of capital (rather than a dividend), then it’s treated like any other sale for CGT purposes.

So, if you’ve held the shares for over a year, any capital gain you make — that is, the difference between your original purchase price and the buyback amount — may be eligible for the 50% CGT discount (for individuals). This means only half the gain is added to your taxable income.

 

[Samus]

Lots of tax talk but no money!

 

[oxxa23]

The capital gains tax (CGT) discount applies when you sell an asset you’ve held for more than 12 months — including shares. In a share buyback, if the payment you receive is classified as a return of capital (rather than a dividend), then it’s treated like any other sale for CGT purposes.

So, if you’ve held the shares for over a year, any capital gain you make — that is, the difference between your original purchase price and the buyback amount — may be eligible for the 50% CGT discount (for individuals). This means only half the gain is added to your taxable income.

Yes, I understand that, but, it still doesn't clear a companies retained profits.... it will need to pay any profits above the $226m of issued capital as dividends, or at least upon wind up... a company can't just bank a shitload of profits, pay tax, then just do a capital buyback and walk away... the ato wants the shareholders to pay tax at their marginal rates....not get cgt discount on the whole lot...

We have $226m only of issued capital...

There is absolutely times companies do capital buy backs...I agree... but, I don't believe we will see any from avz that is for the purpose of cgt discount...

 

[Yaseen]

Trump is a complete joke, well so are 99% of the worlds politicians, but come on this guy

“The Congo in Africa. Many, many people come from the Congo. I don’t know what that is, but they came from the Congo.”

https://x.com/Out5p0ken/status/1912963468941992244

 

[pow4ade]

Top notch idiots:

 

[Frank]

Lots of tax talk but no money!
View attachment 82722 View attachment 82724

So Horse before Cart, Offer before Money, Dollars before TAX

Something like that

Then something like

To Help Pay my Massive CGT Bill

Pay my Financial Advisor

Pay my Accountant

Pay my Therapist

 

[Frank]

* Time to push Titan's Post all the way to the Top people

 

[Frank]

https://x.com/baleke_gedeon/status/1912876614804774981

https://x.com/citizentvkenya/status/1912940619288166696

https://x.com/DominicFurfaro/status/1912977660437000648

https://x.com/KevinLBO/status/1912996551104012327

 

[Rechnerhand]

Coverage by German public television site ... Sicherheit im Kongo gegen Rohstoffe für die USA?

 

[JasonM]

Trump doesnt seem to be having much success on his big deals so far, namely:

1. hostages in gaza - no progress
2. urkaine war - now threatening to pull out us out of process and leave it to them to fight it out
3. tariffs - xi not caving in or calling trump, absolutely chaos for trade worldwide

so maybe progress is being made behind closed doors but I get the sense the us administration are having a bit of a wakeup call that its not so easy to bully foreign nations.

I raise this as I wonder where this puts the african/drc deal. On one hand he'll be desperate for some wins, so thats positive, on the other hand so far he's shown he's losing on the foreign policy front and given drc is complex, maybe its beyond him to get something done. I'm certainly glad he's involved as its generally the first sign of hope for avz shareholders for a while but I have my fears its beyond the current administration to get a deal done. time will tell and I'm hoping a lot, desperate in fact for a positive outcome but so far all I see out of him is chaos and failure.

 

[Hudnut]

Trump doesnt seem to be having much success on his big deals so far, namely:

1. hostages in gaza - no progress
2. urkaine war - now threatening to pull out us out of process and leave it to them to fight it out
3. tariffs - xi not caving in or calling trump, absolutely chaos for trade worldwide

so maybe progress is being made behind closed doors but I get the sense the us administration are having a bit of a wakeup call that its not so easy to bully foreign nations.

I raise this as I wonder where this puts the african/drc deal. On one hand he'll be desperate for some wins, so thats positive, on the other hand so far he's shown he's losing on the foreign policy front and given drc is complex, maybe its beyond him to get something done. I'm certainly glad he's involved as its generally the first sign of hope for avz shareholders for a while but I have my fears its beyond the current administration to get a deal done. time will tell and I'm hoping a lot, desperate in fact for a positive outcome but so far all I see out of him is chaos and failure.

In all of the above cases, they have an established military capability.
In the case of Gaza, there is also multigenerational religious fervour and conviction.

A believe Felix should (or is) actually be fearful of his life regarding a coup or retribution should M23 rebels continue to press on.
That shoul be a powerful motivator.

 

[Spikerama]

In all of the above cases, they have an established military capability.
In the case of Gaza, there is also multigenerational religious fervour and conviction.

A believe Felix should (or is) actually be fearful of his life regarding a coup or retribution should M23 rebels continue to press on.
That shoul be a powerful motivator.

How fearful can you be when you can just jump on the Presidential Jet and land somewhere friendly? Unless of course, along with the billions, some states can confiscate the transport as well. But that would be a diplomatic minefield I imagine..

 

[Dom1974]

Does anyone know what our current cash position is? A bulk of the Pei cash would have gone to DLA, and now that we are sided with the US, I reckon there is no chance of getting the second $10m from Pei. Does Nigel have enough cash to see ICSID through to the end if required? Has anyone asked? It got me thinking as to why DRC are loading up ICSID with jurisdiction garbage with 3 submissions in 3 weeks. Chinese pushing DRC to try the time wasting/bankrupt angle again? I hope Nigel has a contingency and doesn’t put all his hope on this US deal, as we don’t want to rely on another Pei style Hail Mary to save us from going under. Lastly, now with all this global exposure with Kobold/Rio talk, does that make our access to funding easier (if needed)?

 

[Winenut]

Does anyone know what our current cash position is? A bulk of the Pei cash would have gone to DLA, and now that we are sided with the US, I reckon there is no chance of getting the second $10m from Pei. Does Nigel have enough cash to see ICSID through to the end if required? Has anyone asked? It got me thinking as to why DRC are loading up ICSID with jurisdiction garbage with 3 submissions in 3 weeks. Chinese pushing DRC to try the time wasting/bankrupt angle again? I hope Nigel has a contingency and doesn’t put all his hope on this US deal, as we don’t want to rely on another Pei style Hail Mary to save us from going under. Lastly, now with all this global exposure with Kobold/Rio talk, does that make our access to funding easier (if needed)?

Quite sure DLA's fees won't amount to $20M....

You can settle down I reckon

Mr Pei doesn't care what side......he wants the best monetary and lithium outcome he can get....and that's sticking with AVZ

 

[Dom1974]

Quite sure DLA's fees won't amount to $20M....

You can settle down I reckon

Mr Pei doesn't care what side......he wants the best monetary and lithium outcome he can get....and that's sticking with AVZ

Not sure where $20m came from? I recall Pei paying $10m, which is $15m AUD.

Anyway, I’d still like to know how much cash is in the Bank and if arrangement with CATH is still in play, despite AVZ negotiating to sell the asset to the US. If not, no second $10m tranche is forthcoming.

US are trying to limit the access China has to critical minerals, so my guess is that any sale to the US would exclude supply to any Chinese companies.

Without a US deal and if we’ve burnt our bridge with Pei, AVZ still has at least 2 years of ICC and ICSID with associated lawyer fees.

Just keeping a level head and opening up discussion to consider worst case scenario, because we’ve had our fair share of crap thrown at us last 3 years.

All imo.

 

[Frank]

US Makes Progress on Minerals Deal With Congo, Adviser Says​

The US may provide financing to companies operating in the Democratic Republic of Congo through the Export–Import Bank of the United States and the US International Development Finance Corp. as part of a potential critical minerals partnership, a senior US official said.

The financial institutions would support investment in the so-called Lobito Corridor, a major rail-infrastructure initiative linking Congo, Zambia and Angola to the Atlantic Ocean through a port in Angola that the DFC has already committed funding to, Massad Boulos, senior adviser for Africa at the US State Department, said in an online briefing on Thursday.

“The project has progressed considerably especially on the Angolan side,” he said.

“We are now discussing with the Congolese and Tshisekedi’s administration to work on the Congolese side with regards to railways, highways, but also power projects including dams and hydroelectric projects.”

Read More: Trump Aid Freeze Threatens $1 Billion African Minerals Project

Boulos visited Congo’s capital, Kinshasa, this to discuss an offer by President Felix Tshisekedi to invest in the country’s mining industry in exchange for security assistance in the nation’s fight against a rebel group in eastern Congo backed by neighboring Rwanda. He also visited the leaders of Rwanda, Kenya and Uganda.

“The United States will consider all diplomatic and economic tools to advance peace,” Boulos said.

Congo is the world’s second-largest source of copper and the biggest source of electric-vehicle battery mineral cobalt.

It also holds vast deposits of critical minerals including lithium, tantalum and manganese.

Rwanda should cease all military support for M23 and withdraw all troops from Congolese territory, Boulos said, adding that his talks with President Paul Kagame about the conflict in eastern Congo were “very fruitful and productive.”

The East African nation has long denied US, European Union and United Nations expert claims that it supports, arms, fights alongside and trains M23.

By Simon Marks

April 18, 2025 — With assistance from Michael J Kavanagh

https://x.com/AugustCohen4/status/1913310566153687302

 

[Hudnut]

How fearful can you be when you can just jump on the Presidential Jet and land somewhere friendly? Unless of course, along with the billions, some states can confiscate the transport as well. But that would be a diplomatic minefield I imagine..

He'd better have the jet fueled and live in the hangar.

A defining point of most successful coups is the element of surprise, with military support.

 

[pow4ade]

And now Joseph Kabila, Tshisekedi's predecessor, announces his return from exile to the Congo to "support the search for a solution."

Yeah right. Kabila smells blood and is positioning to seize power is more like it.

As it increasingly appears Felix is a lame duck, especially after his secret funds were conveniently exposed, it's a gimme for Kabila or others to easily exploit the situation with a popular uprising.

Frigging clown show.

 

[BEISHA]

An interesting article

RDC : La plus grande banque suisse bloque les fonds de la famille Tshisekedi, estimés à 8 milliards de dollars, mais les experts soupçonnent qu’une partie de la fortune se trouve au Qatar et aux Émirats arabes unis

Par JeN-LUC KIENGE Dans un coup de théâtre financier qui secoue les milieux bancaires et politiques, la plus grande banque suisse, UBS, a confirmé avoir gelé des fonds appartenant à la famille Tshi…

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