BRICK
Where’s Zeebot 😶🌫️
I fucken knew this biatch was a bot
AVZ Discussion 2022
- Thread starter GazDix
- Start date
BRICK
Where’s Zeebot 😶🌫️
A bit of light reading . Surprise surprise the new Justice Minister is as rotten to the core as the rest of them .
ellenkampire.com
Scapegoats and stolen millions: What the Mutamba case reveals about Tshisekedi’s regime
Congolese ruler Tshisekedi and his allies have made a habit of blaming Rwanda for nearly every crisis in the Democratic Republic of Congo. But while they cry foul across the border, they loot their…
ellenkampire.com
Xerof
High Hopes 1994
Our new entrant Anthony
My first post was moderated by the three stooges, as was your reply
Cumquat Cap
Regular
Fanciful to say the least, what if the offer is no where near that are we supposed to continue legal action against a bankrupt company for the foreseeable future?
Hoping for the most possible but competitive pressure is paramount, try and be realistic ffs
Xerof
High Hopes 1994
I wasn’t speaking about you dear, and no, I’m not interested
Re: Roche Dure was measured at approx. 317Mt tonnes of spodumene ore at 1.63% converting to about 12.9Mt LCE
You may need a bigger boat because:
In January 2024, Roche Dure Measured, Indicated, and Inferred Mineral Resource increased to 669 million tonnes (Mt) grading 1.61% Li2O, 690ppm Sn, and 33ppm Ta, containing 10.79 Mt of lithium oxide. Measured + Indicated = 500Mt, and Inferred = 169Mt.
Your recalculations will be interesting.
Cheers
F
KentCStrait
Member
Fanciful? What’s fanciful is pretending a Tier-1 lithium asset with a granted mining licence, US backing, and global strategic relevance is worth anything less than $6–8B. That’s not hopium — that’s what the numbers say when you compare it to other deals, and Roche Dure leaves those in the dust in both scale and grade.
If an offer comes in well below that, then yes — shareholders have every right to pursue legal action. And it won’t be against a “bankrupt company” — it’ll be against directors, advisors, and anyone else who facilitated a sale that doesn’t reflect market value. Precedent exists for that.
No one’s saying we hold out for the moon — but lowballing this now under the guise of “realism” isn’t smart, it’s submission. Competitive pressure is exactly what gets us a real price. Settling for crumbs before that pressure plays out is how value gets stolen.
Cumquat Cap
Regular
I meant continuing legal action against a corrupt country in the DRC. Not sure continuing this will give us another chance.
Would never mention numbers but I know several larger holders (of which dominate the register) who would happily sell below this. I am no where near that and would be disappointed bur with several hundred grand in my bank account after this shit show, zero chance I’m holding settlement up for the chance to get back in the ring with the corrupt fuckwit DRC government.
Food for thought at least, suspect we will get less than that rough valuation but still enough to rotate into new an exciting investment opportunities.
Hopefully find out in the next week or two fingers crossed
Would never mention numbers but I know several larger holders (of which dominate the register) who would happily sell below this. I am no where near that and would be disappointed bur with several hundred grand in my bank account after this shit show, zero chance I’m holding settlement up for the chance to get back in the ring with the corrupt fuckwit DRC government.
Food for thought at least, suspect we will get less than that rough valuation but still enough to rotate into new an exciting investment opportunities.
Hopefully find out in the next week or two fingers crossed
US$6 billion, or less than A$3 ps IS lowballing
A bit of light reading . Surprise surprise the new Justice Minister is as rotten to the core as the rest of them .
Scapegoats and stolen millions: What the Mutamba case reveals about Tshisekedi’s regime
Congolese ruler Tshisekedi and his allies have made a habit of blaming Rwanda for nearly every crisis in the Democratic Republic of Congo. But while they cry foul across the border, they loot their…
They can't help themselves, it's in their DNA. All of them.
Mute22
Regular
There seem to be two distinct camps of holders in the current discussion:
1) Long-term holders – Often early entrants who now hold millions of shares. Many in this group are seeking a quick resolution, driven largely by lifestyle considerations.
2) High-risk newer investors – typically holding anywhere from tens of thousands to several hundred thousand shares. They’re more focused on achieving what they believe is fair value for their investment, even if it requires more patience.
The first group is increasingly pushing to lower expectations, suggesting we should accept whatever offer is on the table because “this is our only exit.” The second group sees this as premature, arguing that setting a low bar now is like entering a bidding war against ourselves before the race has even started.
Reading between the lines on our most recent announcement, removal of Kobolds interview etc. despite what the US media might say, AVZ is making it clear that this deal might be done in Kobold's mind, but nothing is set in stone yet, leaving us open to other bidders.
At the end of the day, neither group is likely to influence the final outcome. So, perhaps the best course of action is to relax and let the process be negotiated by the guy with a private island and jet plane on the line.
1) Long-term holders – Often early entrants who now hold millions of shares. Many in this group are seeking a quick resolution, driven largely by lifestyle considerations.
2) High-risk newer investors – typically holding anywhere from tens of thousands to several hundred thousand shares. They’re more focused on achieving what they believe is fair value for their investment, even if it requires more patience.
The first group is increasingly pushing to lower expectations, suggesting we should accept whatever offer is on the table because “this is our only exit.” The second group sees this as premature, arguing that setting a low bar now is like entering a bidding war against ourselves before the race has even started.
Reading between the lines on our most recent announcement, removal of Kobolds interview etc. despite what the US media might say, AVZ is making it clear that this deal might be done in Kobold's mind, but nothing is set in stone yet, leaving us open to other bidders.
At the end of the day, neither group is likely to influence the final outcome. So, perhaps the best course of action is to relax and let the process be negotiated by the guy with a private island and jet plane on the line.
Skar
Regular
Previously our only market was China, despite everything we did to shop it around only China was willing to invest. China was willing to work with us (Cath) and steal from us (Zijin - enabled by DRC corruption). China just want the lithium as the project holds way more importance (and value) downstream for them. The US has now entered the critical mineral space (with EU/other G7 still talking about it but will soon enter as well). IF the peace deal goes through it drastically changes the operating conditions of the DRC (and Africa). Manono is a spec in the total size of African mineral wealth, weather its 5B, 10B, 20B of the value out of the hundreds of billions of value at Manono.... we are still talking trillions and trillions from Africa (so the peace deal will go ahead with/without AVZ). There will be other buyers if not now soon - western companies will not be able to flout ICSID like China can. The good news is US want this resource and seemingly understand its value - lets put that to the test.
Also those large retail holders are not in the same circumstances, I have a decent enough allocation of shares, a life changing amount... or we could get more value out of the project, instead of a quick exit and I could help out a few relatives too.
Largus Averta
Regular
Sucking up to the new owners! lol
cruiser51
Top 20
Okay children you will all be sent to your room without dinner , please keep to the topic at the dinner table
Dickie Knee blast from my pastThey could be sucking up to the wrong people.
cruiser51
Top 20
With the new superannuation rules due as per 1 July, for people holding AVZ shares in their super accounts, it could well be handy if the funds are in your account pre that date.
I don't know if Africa moves that fast, normally the Omega watch has to be specially detuned for Africa.
I don't know if Africa moves that fast, normally the Omega watch has to be specially detuned for Africa.
But that dinner was promised to him 3000 years ago
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