AVZ Discussion 2022

Remark

Top 20
An interesting article regarding the Wumao - I wonder how many HC posters are Wumao? Maybe I'm just paranoid? 🤷‍♂️

 
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LX600

Regular
I can confirm the news from the Zijin website today is a completed professional translation version of the Zijin Chinese social media platform article. I believe we have discussed this over the weekend. And right now we can only wait for the announcement. As I said, I think this announcement will be an official one from DRC authority.
 
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Xerof

Is There Anybody Out There 1979
CAThH might chose not to pay considering they havent already, in which case there's no breach, wonder what sort of relationship CATH have with Zijin right now. Chinese always favour Chinese but hmmm
It’s unusual for two Chinese companies to compete for the same target. In this case it seems to me that Zijin was gazumped by the CATH deal. I say this because it seems obvious AVZ rejected any direct approaches from Zijin. Not sure they’re friends (Z and CATH) and I think a JV between AVZ and Z would be dysfunctional at best, hostile at worst
 
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Xerof

Is There Anybody Out There 1979
I can confirm the news from the Zijin website today is a completed professional translation version of the Zijin Chinese social media platform article. I believe we have discussed this over the weekend. And right now we can only wait for the announcement. As I said, I think this announcement will be an official one from DRC authority.
Agree, wait for the announcement. I’m not posting again until then. There is no point regurgitating the same stuff
 
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LX600

Regular
And Zijin and Simon Cong is playing mind game to let AVZ give up one of the 15%.

Let's assume if AVZ say Zijin's 15% is not valid, then Zijin may use the same ruling to say AVZ's 15% not valid. That is why and how Zijin put the pressure on AVZ at the moment.
 
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wombat74

Top 20
So is this reason for the CATH $240mil delay ?
 
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wombat74

Top 20
Mining8 has been noticeably absent from todays discussions . Would be nice to get his take on this .
 
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CHB

Regular
So is this reason for the CATH $240mil delay ?
No.

If they were in cahoots they would have paid ASAP.

CATH waiting on ML which we should hear about on Wednesday.
 
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bloke383

Regular
No.

If they were in cahoots they would have paid ASAP.

CATH waiting on ML which we should hear about on Wednesday.
Unless AVZ holding them off until Zijin matter is sorted 100% ?
 
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DiscoDanNZ

Regular
For all we now know it could even be AVZ delaying the CATH deal as there is nothing in the announcements to say who is actually delaying it. Current discussions probably resemble something like this: "we are still committed to honoring the deal provided we don't have to share this with your dodgy AF fellow countrymen that are trying to screw us over"

If we lose the percentages in dispute to those greasy fucks I imagine the original CATL deal is off, or at least the whole 24%. If we keep them (as we should IMO) then the CATL deal goes as planned.

I bet that with all the dodgy Chinese goings on Nige is less than prepared to complete a deal that could see us not being the majority holders if the dodgy pricks pull this off.
 
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Zijin claims that they legally hold 15% of Manono project. Even if that may be true, that does not mean that they got it via legal means without shady means/corruption. What may be legally Zijin's can be taken away just as easily if it was obtained illegally. Case in point; the 1MDB corruption scandal in Malaysia. Even though there were tonnes of luxury properties, jewelleries and assets legally under the names of the corrupted individuals involved, they were seized by authorities and returned to the government. So if Zijin gets found out to be involved in dodgy dealings, they will be stripped of their alleged 15% share just as easily. And way more money was involved in the 1MDB scandal than what is involved here.
 
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Tunedin

One Happy Camper
This is an orchestrated attack on AVZ, by a Chinese army of spin in trolls, shorters and a focused media campaign. Notice the timing of all of this on the cusp of gaining the mining license. Why are the Chinese reporting on their securing the 15% now and not back in November last year as they report the deal was done. It’s because they are full of it!

Notice how calm and assured Nigel is when he talks about what is happening. He sticks to the talking about the business of building a mine in strong partnership with the DRC government, as do AVZ offical DRC Government supporters. The Mining minister signed the decree last week. She would have known about the background of all this prior to singing the decree. The timing of the attack is obvious. They are trying to tank the stock! It was a brilliant move by Nigel to go into TH today.

Be wary of new posters joining the discussion today saying things like “the smart money left last week”. What utter bullshit, it was an orchestrated attack on the SP. The Chinese and their accomplices have quite the war chest of shares to move the SP like what happened last week.

I would imagine a very clear statement that will address this will be released by both AVZ and the DRC government come Wednesday morning, if not earlier.
 
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Doc

Master of Quan
This is an orchestrated attack on AVZ, by a Chinese army of spin in trolls, shorters and a focused media campaign. Notice the timing of all of this on the cusp of gaining the mining license. Why are the Chinese reporting on their securing the 15% now and not back in November last year as they report the deal was done. It’s because they are full of it!

Notice how calm and assured Nigel is when he talks about what is happening. He sticks to the talking about the business of building a mine in strong partnership with the DRC government, as do AVZ offical DRC Government supporters. The Mining minister signed the decree last week. She would have known about the background of all this prior to singing the decree. The timing of the attack is obvious. They are trying to tank the stock! It was a brilliant move by Nigel to go into TH today.

Be wary of new posters joining the discussion today saying things like “the smart money left last week”. What utter bullshit, it was an orchestrated attack on the SP. The Chinese and their accomplices have quite the war chest of shares to move the SP like what happened last week.

I would imagine a very clear statement that will address this will be released by both AVZ and the DRC government come Wednesday morning, if not earlier.
Couldn’t agree more.
I believe we have some foxes in the hen house.
 
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This is an orchestrated attack on AVZ, by a Chinese army of spin in trolls, shorters and a focused media campaign. Notice the timing of all of this on the cusp of gaining the mining license. Why are the Chinese reporting on their securing the 15% now and not back in November last year as they report the deal was done. It’s because they are full of it!

Notice how calm and assured Nigel is when he talks about what is happening. He sticks to the talking about the business of building a mine in strong partnership with the DRC government, as do AVZ offical DRC Government supporters. The Mining minister signed the decree last week. She would have known about the background of all this prior to singing the decree. The timing of the attack is obvious. They are trying to tank the stock! It was a brilliant move by Nigel to go into TH today.

Be wary of new posters joining the discussion today saying things like “the smart money left last week”. What utter bullshit, it was an orchestrated attack on the SP. The Chinese and their accomplices have quite the war chest of shares to move the SP like what happened last week.

I would imagine a very clear statement that will address this will be released by both AVZ and the DRC government come Wednesday morning, if not earlier.
Hope so mate, but I am worried.
 
Be wary of new posters joining the discussion today saying things like “the smart money left last week”. What utter bullshit, it was an orchestrated attack on the SP. The Chinese and their accomplices have quite the war chest of shares to move the SP like what happened last week.

You referring to me? I jumped over from HC to get away from all the downrampers after it the forum became unreadable with so many on ignore and all of a sudden im one of those to be wary of?

Holding since 2017 (same username on HC). End of the day can put it down to whatever you want, but you are kidding yourself if you think that retail holders (myself included) aren't concerned about AVZ's equity stake in Dathcom.

End of the day its a formal press release of a AUD$50B listed entity (HKSE and SSE) vs AUD$3B AVZ.

Regarding my comment on smart money, it relates to the new TOP 20 listing. Sophs exited AVZ on mass last week. I wish i knew a few who were in (and now out) so I could pick their brains on what other info if any they had.

Good luck to all holders!
 

Remark

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Tunedin

One Happy Camper
You referring to me? I jumped over from HC to get away from all the downrampers after it the forum became unreadable with so many on ignore and all of a sudden im one of those to be wary of?

Holding since 2017 (same username on HC). End of the day can put it down to whatever you want, but you are kidding yourself if you think that retail holders (myself included) aren't concerned about AVZ's equity stake in Dathcom.

End of the day its a formal press release of a AUD$50B listed entity (HKSE and SSE) vs AUD$3B AVZ.

Regarding my comment on smart money, it relates to the new TOP 20 listing. Sophs exited AVZ on mass last week. I wish i knew a few who were in (and now out) so I could pick their brains on what other info if any they had.

Good luck to all holders!
I get that people are worried, I too am concerned. I don’t however take press releases to be anything other than spin. A press release is not an article of the law, they can report on articles that may or may not exist but it’s just a claim. It’s pretty clear in the statements made from Nigel that these reports have no legal standing as per the Dathcom articles pertaining to transfer of interests by shareholders. If Nigel was alone in stating this then I would be more concerned but he is backed up by senior Ministers and players in the DRC. It is these articles that the legalities of Z’s claim will be ruled upon. I also highly doubt that the Minister of Mines would be granting a Mining license without fully understanding what is actually going on or who in fact has the majority of interests in Dathcom.
Your probably right that some sophs exited last week but not Cantor… I reckon they have a good idea of what’s going on and might be happy to even the stacked odds when the truth comes out.
 
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Costi

Member
Until today I still enjoyed reading HC (Purely because of other stocks I own) I’ve never seen so many new posters come out of the blue and absolutely shit the bed with panic. Heck they even had me worried

I still have complete faith in NF and the team, that we will come out of this on top.
Surely Felix and his government don’t want anything even remotely negative on their behalf after the last few months of promoting a positive DRC to be the next lithium battery hub

… and now we wait
 
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CHB

Regular
Unless AVZ holding them off until Zijin matter is sorted 100% ?
Highly doubt it. He also mentioned to Europe investors cath was waiting on ML.

Hi guys.. the bsb is 123456 .. account number 12345678.

What the transfer failed?!?!? 🤣 try again! Haha
 
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lellep

Regular
Highly doubt it. He also mentioned to Europe investors cath was waiting on ML.

Hi guys.. the bsb is 123456 .. account number 12345678.

What the transfer failed?!?!? 🤣 try again! Haha
For what website?
 
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