AVZ Discussion 2022

[Xerof]

We end up with 66% or 61%. Would be nice to have it cleared when we out of suspension along with CATHs $$, BFS, Drilling results, 10mtpa SS (if BFS hasn’t been adjusted for 10mtpa), updated presentation to show our path to 10mtpa.

Edit
Also then we can get some Zijin in the bin T’s

It certainly would. I'm picking DRC are going to run with 15%, just because Nigel inferred that as a possibility

 

[Xerof]

It's getting weird . So was Nigel unaware of the 60/30/10 done in 2016/17 ? Was the Minister for Mines unaware . Hell was the whole fricking
DRC government unaware . Zijin and it's gangsters had this big secret they decided to share with us on the eve of the ML .

Nothing sinister in any of that. Thats how it was from day one. I guess as drilling progressed they thought 'fuck, this is good, we want more', and lawfully went about securing it piece by piece, ending up at 75/25, with FROF on 15%

 

[TDITD]

It certainly would. I'm picking DRC are going to run with 15%, just because Nigel inferred that as a possibility

Yep leaning into DRC with 15% as a nod for doing the right thing, we return the favour. CATL 24%.
Zijin maybe fined, maybe stripped of their holding on the Kamala copper mine depending how much dirt has been found on them. CATL, AVZ seem to be the Governments choice for Manono (both in battery council)

 

[Remark]

It would be great to see it all backfire on Zijin.

The devil is definitely in the details.

 

[Spikerama]

Hey TDITD are your balls still in the drawer ? Hopefully this time you'll be getting a blow job and not just the moisturiser .

Come on guys let try and keep it clean yeah? There are ladies present.

 

[Samus]

Yep leaning into DRC with 15% as a nod for doing the right thing, we return the favour. CATL 24%.
Zijin maybe fined, maybe stripped of their holding on the Kamala copper mine depending how much dirt has been found on them. CATL, AVZ seem to be the Governments choice for Manono (both in battery council)

I'm not sure how valid it is but somewhere is floating around AVZ's apparent offer to drc gov of 5% avz shares (or AVZ's 5% share) as well as a sum of money. Far exceeding zijin's $33 odd Mil for the 15%.
Anyone got a reference to that?
Nigel 'may' have validated this somewhat in that latest interview.

Be nice to see an outcome like this pop out the other end of the suspension. With a reversal and some jail time for those involved with the shady zijin deal.

 

[Sammy_da_Smile]

So we are thinking the suspension is more to do with zijins claims than the "Issuing of the Mining Rights?" I guess they are intertwined aren't they.

 

[wombat74]

So we are thinking the suspension is more to do with zijins claims than the "Issuing of the Mining Rights?" I guess they are intertwined aren't they.

Hazard to guess where the SP would be if no suspension . Add to that the DOW down about 2500points since this all started. That would be one big turd sandwich right there .

 

[Xerof]

I'm not sure how valid it is but somewhere is floating around AVZ's apparent offer to drc gov of 5% avz shares (or AVZ's 5% share) as well as a sum of money. Far exceeding zijin's $33 odd Mil for the 15%.
Anyone got a reference to that?
Nigel 'may' have validated this somewhat in that latest interview.

Be nice to see an outcome like this pop out the other end of the suspension. With a reversal and some jail time for those involved with the shady zijin deal.

Unsubstantiated but I think it was 8% of AVZ shares, USD 27 mill, a 10% free carry in any future LiOH plant and something else that has escaped me for now

The expectation will be 10mill per %, like the CATH deal I suppose

HAGW all

 

[Samus]

Unsubstantiated but I think it was 8% of AVZ shares, USD 27 mill, a 10% free carry in any future LiOH plant and something else that has escaped me for now

The expectation will be 10mill per %, like the CATH deal I suppose

HAGW all

Cheers Xerof, good to know I've not deteriorated to imagining things in my sleep.

Regardless it's quite clear any offer from AVZ would far exceed the value of the apparent transaction that has taken place.

 

[Mouthpiecenomnom]

Who knows, perhaps they're just trying their luck. Best case they get a slice of Manono, worst case they write off some legal expenses.

This is my gut feeling as well. Weaponized BS.

 

[Sammy_da_Smile]

Hazard to guess where the SP would be if no suspension . Add to that the DOW down about 2500points since this all started. That would be one big turd sandwich right there .

Oh yeh for sure! Glad to be in suspension lol

 

[CHB]

Hazard to guess where the SP would be if no suspension . Add to that the DOW down about 2500points since this all started. That would be one big turd sandwich right there .

Probably best to prepare yourself for a big hit once we come out of suspension unless management and drc really hit it out of the park. I think even with a good announcement we will drop big.

I imagine lots of instos and big money would be wary.

 

[Samus]

Probably best to prepare yourself for a big hit once we come out of suspension unless management and drc really hit it out of the park. I think even with a good announcement we will drop big.

I imagine lots of instos and big money would be wary.

Who knows, I was thinking the same thing but I bet they have more stomach for this sort of thing than retail. As has been said by Freehold and some of the more experienced investors, this sort of thing is inevitable with a hugely valuable and globally significant resource.
The right outcome might just as easily boost levels of confidence moving forward well beyond where they stand currently.

 

[Remark]

We are talking about AVZ - goes down on good news, so maybe this suspension will have the opposite affect

We're allowed to dream!

 

[DiscoDanNZ]

We are talking about AVZ - goes down on good news, so maybe this suspension will have the opposite affect

We're allowed to dream!

That's true, historic trends should tell us it will reopen at an ATH

 

[Samus]

Another nice nugget from Helios11 on the crapper

Helios11
145 Posts.
121

13/05/22

16:29

Post #: 61397237

Turns out with all this mining code and legal framework an interesting point has come up.

you can only serve an arbitration request upon a holding company once the decree has been signed by the mining minster in relation to exploitation.

seems zinjin lost the battle before it began.

 

[Costi]

But wasn’t the decree signed on May 4th?

 

[investinvest]

Cheers Xerof, good to know I've not deteriorated to imagining things in my sleep.

Regardless it's quite clear any offer from AVZ would far exceed the value of the apparent transaction that has taken place.

Exactly. AVZ can easily trump Zijin's USD$33-34 million purchase for 15% of Manono anytime. Cominiere and Zijin/Jin Cheng obviously swindled DRC and its people of the rightful value of the 15%.

 

[CHB]

Who knows, I was thinking the same thing but I bet they have more stomach for this sort of thing than retail. As has been said by Freehold and some of the more experienced investors, this sort of thing is inevitable with a hugely valuable and globally significant resource.
The right outcome might just as easily boost levels of confidence moving forward well beyond where they stand currently.

I thought I saw a broker report showing that large instos were selling down prior to the suspension, so not sure about having more stomach lol