AVZ Discussion 2022

[Hemicuda]

I've lost count of how many times I've needed to post this. The 30 days time limit was for the ministerial decree.

Q: 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.

View attachment 28391

at this point does it matter?

 

[Carlos Danger]

And for what reason?

Which raises two questions:

What reason would AVZ management have for wanting to pull the interviews?

and
What leverage would they have over proactive to compel them to pull the interviews (over and above threatening no more interviews)?

No idea why they would want to have the interviews pulled. My guess would be it's because Nigel said so much shit that was wrong in them. There was another interview that he did in March 2022 that magically disappeared when we went into suspension. Can't remember who it was with.

Management wouldn't have any power to compel proactive to do this. Most likely they just asked really nicely rather than making threats. I could be wrong about some or all of this but to me it makes the most sense that AVZ didn't want the interviews available anymore.

 

[Carlos Danger]

at this point does it matter?

Yes lol

 

[Hudnut]

I wouldn't trust anything that bloke says. Been guilty of stirring shit on HC before. Non holder and confessed drama spectator looking to play with people's emotions IMO.

Having said that, I wish we had some better comms from the BOD.

At the moment we can read this a few ways.

1) We are farked. Nothing is happening. We'll run of of funds, get delisted, Felix will lose the election, MoP doesn't go anywhere, CAMI doesn't release the fees for the whole PE that we want to pay to get the ML, MMCS ICC doesn't get resolved and Cominiere doesn't own 5% to give to the DRC. Personally I don't think it will get to that before a Plan B to salvage something from the wreckage.

2) All is sweetness and light. MMCS gets the arse. MoP goes with them. CAMI calcs the fees. We get the ML. Out of suspension. Rocketships, whales and $10 TO or GTFO.

3) Somewhere inbetween. MoP may or may not go. CAMI may stick with only calcing the fees for RD. MMCS ICC case may drag. In that event we MAY decide to forego a portion to get the majority and an ML. Possibly an adjustment to CATH percentage etc.

Q1: Why doesn't the BoD tell us status and most likely option? Either they don't know yet because of the usual DRC go-slow and shitfuckery and are adjusting course as they encounter things, don't GAF about letting us know, or a combination.

Q2: Why keep steaming on with drilling, building and other expenditure?
- Because slowing down might also mean a haircut on BoD salaries

- Because slowing down might demonstrate lack of confidence in an "imminent" solution to both DRC and SHs (though they could just fucking tell us how confident they still are and why. I'm not fluent in nods and winks).

- Because the delay in the ML is delaying us enough, and we want to keep moving. I'd like to know how much cash is going towards "long lead items", and not just buildings etc. Are we still doing that because we are still confident, or have we stopped?

- There may be some discussions with CATH re: their expectations for us to continue for them to keep extending.

- The BoD may actually be in possession of good info that we don't have, and they aren't sharing it for some unknown reason. And that reason better be bloody good.

I'm not saying it's all rainbows and unicorns, but not much has changed since a week ago as far as possible ways this pans out. Every time we have an extension the trolls come out to fuck with people's heads and emotions. Don't let them. Yes, I'll lose a metric shit-ton of money if this goes South or we get delisted, but I'll be fucked if I'll let some dickheads on HC make me jump out of a window because they claim they "spoke to the company" or got an email devaluing AVZ shares and itself might be just more trolling crap.

 

[Deleted member 1612]

at this point does it matter?

Nothing really matters, anyone can see

 

[Chase]

That's an interesting point. Letting the drills go idle and laying down tools plays into the hands of those who generate fake news re AVZ doing nothing in Manono.

Exactly mate. I think they are priming for a takeover, hence the four rigs running.. proving even bigger resource.

 

[obe wan]

View attachment 28387

Had a look at this on HC this morning, no comment on this particular post ; but interesting address on his earnest brokers email I think....Earnest Brokers using an gmail address....’earnest brokers’ anyone even hear of these guys...i only know of ‘earnest insurance brokers’ which doesn't deal in equities....theres earnest broking and financial services out if India .

Earnest in this email say they ain't expecting AVZ to be out of suspension till q3 24 / q2 25....surely a company buying shares off market would be aware that such information is incorrect / misinformation as the stock would actually be delisted by that timeline.....a Gmail address to boot...surely not

Also he's responded to the post at 10.21pm where he says he spoke to the company ‘tonight’, he provides a call log which states ‘yesterday 17.21’ incoming ( so obviously didn't call them ‘tonight’) from number 08 61867612.....i ran that number, obviously at this time there would be no one there, but this one keeps ringing ; avzs number which is 08 61867600 ( similar number apart from 2 digids ) diverts after hours, but the number he provides just keeps ringing.....

All a bit suss

 

[Charbella]

In his speech at the Palais de la Nation, the Pope @Pontifex_fr insists on transparent, inclusive and credible elections. It condemns corruption, manipulation of laws and information. He calls for social justice and investing in good education.

 

[cruiser51]

In his speech at the Palais de la Nation, the Pope @Pontifex_fr insists on transparent, inclusive and credible elections. It condemns corruption, manipulation of laws and information. He calls for social justice and investing in good education.

Looks like the pope is flying Economy.

 

[Doc]

Had a look at this on HC this morning, no comment on this particular post ; but interesting address on his earnest brokers email I think....Earnest Brokers using an gmail address....’earnest brokers’ anyone even hear of these guys...i only know of ‘earnest insurance brokers’ which doesn't deal in equities....theres earnest broking and financial services out if India .

Earnest in this email say they ain't expecting AVZ to be out of suspension till q3 24 / q2 25....surely a company buying shares off market would be aware that such information is incorrect / misinformation as the stock would actually be delisted by that timeline.....a Gmail address to boot...surely not

Also he's responded to the post at 10.21pm where he says he spoke to the company ‘tonight’, he provides a call log which states ‘yesterday 17.21’ incoming ( so obviously didn't call them ‘tonight’) from number 08 61867612.....i ran that number, obviously at this time there would be no one there, but this one keeps ringing ; avzs number which is 08 61867600 ( similar number apart from 2 digids ) diverts after hours, but the number he provides just keeps ringing.....

All a bit suss



View attachment 28390

Hi Obe, you’d know much more on this than me. Does the company have access to who owns the shares in real time? So if this mob is indeed buying off market AVZ would know?
If then all these supposed companies buying millions of shares crap is indeed bullshit couldn’t AVZ just come out and say it’s all rubbish and put a few people in their places?

I’m a little confused by the continual cone of silence by management. Doesn’t look like we have made any inroads at all. At what stage does management say f’this let’s come out swinging??

 

[Carlos Danger]

I wouldn't trust anything that bloke says. Been guilty of stirring shit on HC before. Non holder and confessed drama spectator looking to play with people's emotions IMO.

Having said that, I wish we had some better comms from the BOD.

At the moment we can read this a few ways.

1) We are farked. Nothing is happening. We'll run of of funds, get delisted, Felix will lose the election, MoP doesn't go anywhere, CAMI doesn't release the fees for the whole PE that we want to pay to get the ML, MMCS ICC doesn't get resolved and Cominiere doesn't own 5% to give to the DRC. Personally I don't think it will get to that before a Plan B to salvage something from the wreckage.

2) All is sweetness and light. MMCS gets the arse. MoP goes with them. CAMI calcs the fees. We get the ML. Out of suspension. Rocketships, whales and $10 TO or GTFO.

3) Somewhere inbetween. MoP may or may not go. CAMI may stick with only calcing the fees for RD. MMCS ICC case may drag. In that event we MAY decide to forego a portion to get the majority and an ML. Possibly an adjustment to CATH percentage etc.

Q1: Why doesn't the BoD tell us status and most likely option? Either they don't know yet because of the usual DRC go-slow and shitfuckery and are adjusting course as they encounter things, don't GAF about letting us know, or a combination.

Q2: Why keep steaming on with drilling, building and other expenditure?
- Because slowing down might also mean a haircut on BoD salaries

- Because slowing down might demonstrate lack of confidence in an "imminent" solution to both DRC and SHs (though they could just fucking tell us how confident they still are and why. I'm not fluent in nods and winks).

- Because the delay in the ML is delaying us enough, and we want to keep moving. I'd like to know how much cash is going towards "long lead items", and not just buildings etc. Are we still doing that because we are still confident, or have we stopped?

- There may be some discussions with CATH re: their expectations for us to continue for them to keep extending.

- The BoD may actually be in possession of good info that we don't have, and they aren't sharing it for some unknown reason. And that reason better be bloody good.

I'm not saying it's all rainbows and unicorns, but not much has changed since a week ago as far as possible ways this pans out. Every time we have an extension the trolls come out to fuck with people's heads and emotions. Don't let them. Yes, I'll lose a metric shit-ton of money if this goes South or we get delisted, but I'll be fucked if I'll let some dickheads on HC make me jump out of a window because they claim they "spoke to the company" or got an email devaluing AVZ shares and itself might be just more trolling crap.

Great post. There has been a stream of official documents released since the AGM that backs up management's case. Mainly released by Franck Fwamba. Clearly fed to him by AVZ imo

I'm sure the bod are in possession of more good info they aren't sharing with us yet. The timing of the other documents being released in the lead up to the government reshuffle was probably not a coincidence. There is now also a cone of silence from DRC journalists until the new government is announced so makes sense the news flow has stopped for now.

Like I've said here repeatedly the problem is Mupande and the northern area of the tenement. Nothing is going to happen until one of those issues is resolved.

 

[Charbella]

Hi Obe, you’d know much more on this than me. Does the company have access to who owns the shares in real time? So if this mob is indeed buying off market AVZ would know?
If then all these supposed companies buying millions of shares crap is indeed bullshit couldn’t AVZ just come out and say it’s all rubbish and put a few people in their places?

I’m a little confused by the continual cone of silence by management. Doesn’t look like we have made any inroads at all. At what stage does management say f’this let’s come out swinging??

Had a look at this on HC this morning, no comment on this particular post ; but interesting address on his earnest brokers email I think....Earnest Brokers using an gmail address....’earnest brokers’ anyone even hear of these guys...i only know of ‘earnest insurance brokers’ which doesn't deal in equities....theres earnest broking and financial services out if India .

Earnest in this email say they ain't expecting AVZ to be out of suspension till q3 24 / q2 25....surely a company buying shares off market would be aware that such information is incorrect / misinformation as the stock would actually be delisted by that timeline.....a Gmail address to boot...surely not

Also he's responded to the post at 10.21pm where he says he spoke to the company ‘tonight’, he provides a call log which states ‘yesterday 17.21’ incoming ( so obviously didn't call them ‘tonight’) from number 08 61867612.....i ran that number, obviously at this time there would be no one there, but this one keeps ringing ; avzs number which is 08 61867600 ( similar number apart from 2 digids ) diverts after hours, but the number he provides just keeps ringing.....

All a bit suss



View attachment 28390

I will make a call to AVZ today and report back. The email is 100% scam.
Clearly not the brightest guy if he thinks the email is legit.

 

[cruiser51]

Had a look at this on HC this morning, no comment on this particular post ; but interesting address on his earnest brokers email I think....Earnest Brokers using an gmail address....’earnest brokers’ anyone even hear of these guys...i only know of ‘earnest insurance brokers’ which doesn't deal in equities....theres earnest broking and financial services out if India .

Earnest in this email say they ain't expecting AVZ to be out of suspension till q3 24 / q2 25....surely a company buying shares off market would be aware that such information is incorrect / misinformation as the stock would actually be delisted by that timeline.....a Gmail address to boot...surely not

Also he's responded to the post at 10.21pm where he says he spoke to the company ‘tonight’, he provides a call log which states ‘yesterday 17.21’ incoming ( so obviously didn't call them ‘tonight’) from number 08 61867612.....i ran that number, obviously at this time there would be no one there, but this one keeps ringing ; avzs number which is 08 61867600 ( similar number apart from 2 digids ) diverts after hours, but the number he provides just keeps ringing.....

All a bit suss



View attachment 28390

Btw, the email is from 6/12/22.
Just think about that date, the email is not from 31/1/23.

 

[JasonM]

Btw, the email is from 6/12/22.
Just think about that date, the email is not from 31/1/23.

just seems like an absolute scam to me. they've stated they've spent $8m so far with a 30% chance of losing all of it and dont expect avz to relist until late 2024 best case. if one believes them, then 30% chance they've blown $8m and best case they wait at least 18mths to get something. if they truly believe this, then doesnt sound like a wise use of capital. first rule of thumb, is capital preservation, these guys sound like gamblers. again, its a scam.

 

[cruiser51]

Btw, the email is from 6/12/22.
Just think about that date, the email is not from 31/1/23.

Interesting stuff.....
And this is what the poster posted 6/12/22 on HC:

Originally posted by... 06/12/2022, 65171167​

• Thread View
• ← ASX - By Stock - Off Market
• 03/11/22 11:11
• Watch Thread
• FirstPrev97NextLast

1. 
   

   th3p4rk2​

   
   Date:06/12/22Time:08:01:00Post #:65171167
   

   Rothal2022 said: ↑
   th3p4rk2@hotmail.co.uk 300,000 sold off market recently... I could potentially sell the same amount again. Still have skin in the game as this would equate to about half of my entire position.

   0Like
   Great analysis
   Report PostQuick replyReply with quote
   https://hotcrapper.com.au/images/share.gif
   AVZ (ASX)
   Price at posting: 78.0¢
   Sentiment: Hold
   Disclosure:Held
   
   
   You could always send him an email and ask about the details.

 

[obe wan]

Hi Obe, you’d know much more on this than me. Does the company have access to who owns the shares in real time? So if this mob is indeed buying off market AVZ would know?
If then all these supposed companies buying millions of shares crap is indeed bullshit couldn’t AVZ just come out and say it’s all rubbish and put a few people in their places?

I’m a little confused by the continual cone of silence by management. Doesn’t look like we have made any inroads at all. At what stage does management say f’this let’s come out swinging??

It's a good question and if be I interested in the actual answer ; Company’s share registration gets refreshed every second day Doc ; they can see what the movements are if they were moving

I've heard of a few people saying they sold some off market...dont know how true that is ,I know of a few individuals who have tried to sell off market, but unfortunately haven't been able to but seems that Main stream brokers aren't buying off market with the excuse being ‘we can't buy shares in suspension ‘

 

[wombat74]

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Just a reminder from a previous post , I (wombat74) also spoke to Head Office very recently and was told a "Decision" on the ML was close. And that's 100% fact .

 

[Bray]

Yep after reading the rest of HC posts and the boys on here this morning it’s all a bit how ya going

 

[Winenut]

Yep after reading the rest of HC posts and the boys on here this morning it’s all a bit how ya going

I went and had a read on HC

I feel a little more dead inside after the experience

 

[wombat74]

Exactly mate. I think they are priming for a takeover, hence the four rigs running.. proving even bigger resource.

My thinking is that in the event the ML is not forthcoming we will sell what we have / bought out by the Chinese . So makes sense to drill the sh1t out of it while we wait and add as much value as we can . This could be plan B imo .