AVZ Discussion 2022

Thaz

Regular
can anybody explain to my 3 ex wives why I cant pay child support for another month im at a loss ,, but they have no idea what i will be worth in 6 months :ROFLMAO::ROFLMAO::ROFLMAO:
"Money is going toward the wedding with my new wife. "

😂😂
 
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Winenut

GO AVZ!!!!
I tell you what, not the sort of day youd want to come out of suspension anyway?

Lit getting flogged
whoa!

Just saw LTR and CXO both down about 20%

Ouch
 
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CashKing

Regular
whoa!

Just saw LTR and CXO both down about 20%

Ouch
Yep it's pretty nasty out there today, GS reports are so fucked, what's the bet they are buying up then rinse and repeat when they put out a positive "report" if you could call it that lol...
 
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BRICK

Where’s Zeebot 😶‍🌫️
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John25

Regular
whoa!

Just saw LTR and CXO both down about 20%

Ouch
PLS -21% as well
 
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thorgin

Regular
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Samus

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Bin59

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Remark

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"The Goldman Sachs report, released earlier this week, claimed although the long-term prospects for the battery metals remains strong due to the rapid uptake of electric vehicles (EVs), investor enthusiasm has led to an oversupply.

This is not the case, according to Cannacord mining analyst Reg Spencer.

“That oversupply in the market that Goldman Sachs is referring to is in lithium production from China lepidolite sources which is lower grade, difficult to process and more expensive to process in comparison to spodumene,” he said.

“I’ve been covering this sector for seven years and I can tell you supply always disappoints, especially from unconventional sources such as lepidolite that Goldman Sachs is referring to in their research report.

“Lithium projects are always behind schedule, always, and to say that the world’s supply issues are going to be resolved in three years from unconventional resources, which means higher costs to produce and extract…I think is wrong.”



Uncertain market factors, yes, prolonged down-turn, no​

While we are in an environment where there are more uncertain factors at play, Spencer says this is not a prolonged downturn.

“It’s ridiculous, two months ago the market didn’t care about what was going to happen in 2023 but it is because of this report and reports by others including Credit Suisse, that everyone seems to be panicking and selling their shares.

“But it is important to note that all we have seen so far is a fall in equities.

“This is an equities market correction, if you have a look at the fundamentals of the lithium industry, they are still very strong.” "

 
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Samus

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Twitter short brigade extremely quiet today......perhaps fell off their chairs after crunching the numbers for another month worth of borrowing fees and seeing all the local signatories who have sided with AVZ, want Zijin booted and the mine built asap
Been sticking it to the boatman myself, who was busy spreading more bs this morning 😘
 
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Samus

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missed that one, I'll have to follow and get stuck into them
The more the merrier, beats sitting on our hands for a month.
 
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Remark

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The shortest comeback ever 🤣

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Bray

Regular
Shortblack3sugar next? :ROFLMAO:
 
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Goldman report is bollocks.
Report that China bought 5 lithium mines in Africa? Which mines? What output? Also bollocks.
I'm putting my head in the sand and going ostrich for a few months or until we get the next official announcement.
Cheers yall see you on the other side. I'm confident but pretty damned annoyed. Been in AVZ since 2017 so this is not a new feeling.
 
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D

Deleted member 2428

Guest
Twitter short brigade extremely quiet today......perhaps fell off their chairs after crunching the numbers for another month worth of borrowing fees and seeing all the local signatories who have sided with AVZ, want Zijin booted and the mine built asap
Goldman report is bollocks.
Report that China bought 5 lithium mines in Africa? Which mines? What output? Also bollocks.
I'm putting my head in the sand and going ostrich for a few months or until we get the next official announcement.
Cheers yall see you on the other side. I'm confident but pretty damned annoyed. Been in AVZ since 2017 so this is not a new feeling.


Tongue in cheek
 
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TheCount

Regular
I think we have a classic case of "keeping your powder dry" by AVZ here. They know if they say anything it'll just come back 10 fold. Not feeding the trolls is probably the best course of action.

In the meantime we have another month to discuss how good VB is.
Um, there’s about 3 or 4 master brewers and then me on these pages - be careful calling VB ‘good’. :ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:
 
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D

Deleted member 2428

Guest
Um, there’s about 3 or 4 master brewers and then me on these pages - be careful calling VB ‘good’. :ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:
Tried this yesterday, not too bad👍
 

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Samus

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Roon-Aus
516 Posts.
440
01/06/22
19:53
Post #: 61764041

Edit: Reply to @Stockinvesting

Based on what, exactly? All seems like a mess, to me.

Management's communication to shareholders during this period has IMO been dismal. I mean after a TH and several voluntary suspensions and extensions nobody here can even say with any certainty what the hold is about exactly, beyond the vague "our mining and exploration rights". Is it regarding the 15% Zijin claim? Is it about the 15% Dathomir claim? Is it about the IGF report findings, including the 5% Cominiere/Dathomir sale? Is it about the Mining Licence? Is it about the Surface Dues? Is it about the revision of tenements into a mining permit and another exploration permit? Is it about all the above? Is it about the review of mining licence decree whilst ownership is worked out?

I understand that we can't be privy to all workings, but we are the shareholders of a major prospective miner, many of us with large amounts of tied capital, and who yet are essentially completely into the dark as to what's progressing in the background.

Which, might I add, seems to be a perennial problem with management, given their apparent awareness of these ownership disputes from around this time last year - which somehow were deemed non-material yet are seemingly resulting in where we are stood today?

I remain yet hopeful of a positive outcome (which IMO certainly includes 51% AVZI holding of Dathcom, or 60%, or 66%), ideally without Zijin involvement given these shenanigans. However I question how any here (and there appear to be many) are viewing this situation in a glowing light, and even praising management for their actions.

Anyway, we will see what happens, but I honestly now expect this might be a long road that we're just beginning to trod - with some likelihood of legal action to unravel. And who would an extended period of uncertain reward? Certainly not the DRC (or AVZ) in my opinion, so hopefully the government can see their way through towards action to get this Beast of Manono moving - and in the 'right' hands, that will do their best to support the local people and interests whilst maintaining profits. I think we all know who that is!
 
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CashKing

Regular
Um, there’s about 3 or 4 master brewers and then me on these pages - be careful calling VB ‘good’. :ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:
image.jpg

Hey I ain’t no master but I have enough beer for a week or so while we wait… A month is pushing it with 120 longnecks but I’ve doubled the fermenters incase of a even longer suspension 😉

image.jpg

Ohh on another note see the Boys in Blue 👮‍♀️ are getting Electric Police Cars in WA on the CH7 news tonight 👍

GLTAH
 
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Retrobyte

Hates a beer
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