AVZ Discussion 2022

[Modo]

where is nige and what is nige doing?,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Asking for every fucking shareholder? and beforeyou say email the company, i have enough token responses

Not in the DRC, where the actual asset is. Thats a fact. He has received all those free shares and still can’t have his arse on the ground?? Afraid of a few more mozzies or what?

The sector looks to be turning again the last 3-4 days, and AVZ is going to miss out yet again.

At this pace production at nameplate initial stage will unlikely be until 2026 now.

Those doubting me take a look at Core and Sigma.

Also capex increase is like a Tsunami. What long lead items have been ordered?

Labour will be cheap in the DRC but a lot of the plant costs eto will not escape this. LTR $447M - $895M

Finance will not be as easy as the “prime time“ to bank serious coin evaporates.

IMO

 

[MoneyBags1348]

Not in the DRC, where the actual asset is. Thats a fact. He has received all those free shares and still can’t have his arse on the ground?? Afraid of a few more mozzies or what?

The sector looks to be turning again the last 3-4 days, and AVZ is going to miss out yet again.

At this pace production at nameplate initial stage will unlikely be until 2026 now.

Those doubting me take a look at Core and Sigma.

Also capex increase is like a Tsunami. What long lead items have been ordered?

Labour will be cheap in the DRC but a lot of the plant costs eto will not escape this. LTR $447M - $895M

Finance will not be as easy as the “prime time“ to bank serious coin evaporates.

IMO

Fuck off you queer cunt fucken short selling troll arse licker

 

[TDITD]

Anyone else having trouble accessing the DRC Mining Cadastre Map Portal?

Hasn’t been working for me since about 7ish this morning, did a cheeky check

 

[hedrox]

 

[Carlos Danger]

Not in the DRC, where the actual asset is. Thats a fact. He has received all those free shares and still can’t have his arse on the ground?? Afraid of a few more mozzies or what?

The sector looks to be turning again the last 3-4 days, and AVZ is going to miss out yet again.

At this pace production at nameplate initial stage will unlikely be until 2026 now.

Those doubting me take a look at Core and Sigma.

Also capex increase is like a Tsunami. What long lead items have been ordered?

Labour will be cheap in the DRC but a lot of the plant costs eto will not escape this. LTR $447M - $895M

Finance will not be as easy as the “prime time“ to bank serious coin evaporates.

IMO

Fuck off you queer cunt fucken short selling troll arse licker

Nah I'll bite. You actually raise some decent points here @Modo. Looks like someone listened to the point I made.

Allegedly Nigel is heading to the DRC in 'late January'. With his appearance at the forum in South Africa in early February it seems he will be in the region. As many on this forum have pointed out it is very easy to post some happy snaps for publicity. The only 2 times I remember seeing Nige in Africa during suspension were a few pics at Manono in a magazine and in a video on a train in Tanzania. Hopefully we get some more soon.

I agree AVZ will be extremely lucky to produce in 2025 at this rate

Capex and borrowing cost increases will be significant from the DFS. The price for spodumene should be just under double the DFS which will absorb a lot of that but the longer we wait to start the more it will eat in to the profit margin imo

I personally dont think getting finance will be an issue considering the need for the end product but the terms wont be anywhere near as favorable as they would have been if this show got on the road in May last year imo

 

[Winenut]

 

[Carlos Danger]

View attachment 27867

This is more accurate imo

 

[TDITD]

Nah I'll bite. You actually raise some decent points here @Modo. Looks like someone listened to the point I made.

Allegedly Nigel is heading to the DRC in 'late January'. With his appearance at the forum in South Africa in early February it seems he will be in the region. As many on this forum have pointed out it is very easy to post some happy snaps for publicity. The only 2 times I remember seeing Nige in Africa during suspension were a few pics at Manono in a magazine and in a video on a train in Tanzania. Hopefully we get some more soon.

I agree AVZ will be extremely lucky to produce in 2025 at this rate

Capex and borrowing cost increases will be significant from the DFS. The price for spodumene should be just under double the DFS which will absorb a lot of that but the longer we wait to start the more it will eat in to the profit margin imo

I personally dont think getting finance will be an issue considering the need for the end product but the terms wont be anywhere near as favorable as they would have been if this show got on the road in May last year imo

Honestly I don't know what you guys are on about.
Below is from 2yrs ago presentation
I don't know about you lot but I'm incredibly pumped for FCOT and FCOS, imminent........

 

[Modo]

Fuck off you queer cunt fucken short selling troll arse licker

The Company needs a serious Executive Chairman.

Anthony Tse would not be a bad choice. Try and get a Win Win situation for all parties.

Nigel is way out of his league, and John Clarke is the equivalent of “the lady in the van” when it comes to Chairman’s.

Nigel brought on board one of his yes men, at a massive cost now to shareholders.

Carries no weight and third parties know this.

There is no serious depth in the current board, none of them carry any weight of experience in govt. dealings / negotiations.

GLTAH

 

[Mute22]

I am so sick of thinking about AVZ. My entire life, housing situation, confidence to start a family ect is all tied up in Nigel's hands.

I thought I was at the end of my tether in November, I don't even know where I am now.

 

[Azzler]

I am so sick of thinking about AVZ. My entire life, housing situation, confidence to start a family ect is all tied up in Nigel's hands.

I thought I was at the end of my tether in November, I don't even know where I am now.

Mate I feel you, this is me too. Everything has been on hold since may, I just can't believe it's still going on.
I'm just stuck waiting and my life is a joke.

Hold on is all I can offer mate, one day we will log on and it'll be over.

 

[DiscoDanNZ]

I am so sick of thinking about AVZ. My entire life, housing situation, confidence to start a family ect is all tied up in Nigel's hands.

I thought I was at the end of my tether in November, I don't even know where I am now.

 

[Carlos Danger]

The Company needs a serious Executive Chairman.

Anthony Tse would not be a bad choice. Try and get a Win Win situation for all parties.

Nigel is way out of his league, and John Clarke is the equivalent of “the lady in the van” when it comes to Chairman’s.

Nigel brought on board one of his yes men, at a massive cost now to shareholders.

Carries no weight and third parties know this.

There is no serious depth in the current board, none of them carry any weight of experience in govt. dealings / negotiations.

GLTAH

Partially agree with your first point. What AVZ actually needs is a proper CEO. Nigel has the title of AVZ CEO on his LinkedIn from memory. Defo seen him using it about. But we haven't officially named the replacement that was promised years ago as far as I can remember. Happy to be corrected if I'm wrong.

But saying that Nigel is the right man to move AVZ forward as it currently stands imo

 

[oxxa23]

 

[Carlos Danger]

I am so sick of thinking about AVZ. My entire life, housing situation, confidence to start a family ect is all tied up in Nigel's hands.

I thought I was at the end of my tether in November, I don't even know where I am now.

Mate I feel you, this is me too. Everything has been on hold since may, I just can't believe it's still going on.
I'm just stuck waiting and my life is a joke.

Hold on is all I can offer mate, one day we will log on and it'll be over.

It is always darkest before the dawn imo

 

[Mr Inappropriate]

I am so sick of thinking about AVZ. My entire life, housing situation, confidence to start a family ect is all tied up in Nigel's hands.

I thought I was at the end of my tether in November, I don't even know where I am now.

I’m sorry to hear that @Mute22. It‘s a real challenge not burning too much emotional energy on something outside of your control.

I keep telling myself “it’s just money - if it turns to shit we still have our house and our loved ones“. Easier said than done, I know…

In the meantime keep up the practice for the “family starting” thing. A good de-stresser, for sure.

Our time in the sun will come…eventually.

 

[ptlas]

Anyone ever wonder if we've been hoodwinked?

Corruption coming from a different direction? FT????

Just sayin'.

I made that point a few months ago.
Went down like a lead balloon.
Too much denial and confirmation bias.

Personally, I'm not convinced either way, but I think it is not something one could totally discount.

 

[Carlos Danger]

My main problem for me is the insecurity. If it would be save that everything will go in our favor even if we need to wait until 2024, I can wait. Because I know there is a finish line. But we have no timetable, no idea what are the real problems, no information about a progress, no backup by the government, several ICC cases with unknown endings, maybe new cases added in the future, no control over the needed Mining License. In this time I have no idea if I really see any euro of my money again, the company pay a few guys to help, nigel pay himself over 33k$ monthly from the money other people gave the company. And that is so fucking unfair! Personally i will never touch again any company one of this guy is sitting in.

I'm very comfortable in understanding what the problem is. But obviously I can't guarantee everything will go in our favour.

From the AGM:

What happened after ML Decree, spurious yet we’re in suspension. What’s the main issue for ML – is it Dathomir, is Zijin ICC arbitration 15, dispute with exploration rights?

A: Lot of players in vogue here in country, lot of hatchet jobs being done – President had a bad view from being ill advised by detractors (e.g. we hadn’t done anything, didn’t have money experience, and were speculators). Detractors continuing, but slowly slowly we’re working to remove the blocks.

We knew Chinese would have a crack, but we did not expect parts of DRC government to be in on it?

A: Nor did we - “we thought it was gambit by Chinese groups to get project cheapest way. We weren’t aware it was also elements of the government complicit. We can’t go into it, but rest assured those people are being turned over within meetings with real information is being shared, and people put on the spot.

Collusion between all those 3 – namely Zijin, Jin Cheng, CAMI?

A: That would be astute thought

Issue that a portion of mines directorate said we hadn’t done the work on the northern tenement area, and shouldn’t get the north?

A: That’s not within the mining code. So 13359 should be retained in its entirety – however the northern area may need to come under a separate exploration tenement, even though that’s not the established process. – We know who’s behind this (e.g. DG CAMI)

What about AJN having a crack

A: “their premise is that we’ve returned the northern tenement to government. We haven’t. Draw a conclusion out of that”. I was a founding director and bought in as gold explorer. Found out late in the piece for a lithium plan – stepped away as soon as learned that. Shares bought before that lithium plan came into play. No conflict of interest.

Interview NF mentioned once mentioned once decree issued 10 day period before Court could issue the licence. What happened?

A: This was a misunderstanding. As soon as your documentation was in order and issued, this talk of periods was regarding the ministerial decree. Other steps in way of ML – CAMI have held up the invoicing, illegally in our view.

 

[Carlos Danger]

Soon imo

 

[Carlos Danger]

Appreciate the solidarity.

I just feel like an idiot, I could have paid off my mortgage at 29 last April and had my wife 8 months pregnant by now.

That was the plan I had put forward to her with how my investments were going - things were on track and now, well..

At least I have some other shares doing ok, but nothing life changing.