9 unavailable videos hidden 5 days ago. The question would be why?
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Winenut
Go AVZ!
Would be a straightforward question to ask the company I reckon
See if you get a straight answer
I don't know any more than you guys do (in fact, I probably know a lot less), but it occurred to me that releasing an updated BFS with mind-blowing new numbers might not be in our best interests if we happened to be negotiating a deal for more %
Indeed during such negotiations, disappearing any interviews containing references to mind-blowing numbers might be helpful.
Just spitballing. I have no grounds whatsoever for this speculation; I'm usually a 'glass half empty' guy.
CashKing
Regular
Nige has already signed that shit IMO, just waiting for the ML and the Mess and it’s all over boys and gals.
It was always going to end up like this, let’s just hope he doesn’t pineapple the Fuxk outa us.
GLTAH
CashKing
Regular
Sorry bud IMO Nige is out at the best offer once ML is done.
Ask around
and Fuck another bullshit roadshow spin..However I like the New 2023 Optimist Wombat74….
GLTAH
Whoever is running that reported shareholder class action would be relying on content such as interviews. Possibly the videos have been subpoenaed and Proactive responded accordingly.
Carlos Danger
Top 20
Has the class action proceeded beyond the investigation stage?
It hasn't gone to court yet as far as I or the market are aware so a subpoena couldn't be issued. Also surely whoever is behind the class action would be able to get a copy of the videos without the need to remove them. They would also probably want to keep the content of the videos public if they felt they had a case. More likely this was done at AVZ management's request imo
LOL . Mate I haven't changed my views . 100% TO if we ever get out of this sh1t .Sorry bud IMO Nige is out at the best offer once ML is done.
Ask around
However I like the New 2023 Optimist Wombat74….
GLTAH
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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)?
Hemicuda
Regular
Well done nige, not sure how it’s even possible, but shareholder sentiment seems to be at an all time low, how can they justify that spending in this situation? I understand the need to be seen to be moving ahead, but this is next level dumb, unless something else is at play here???
Mr Inappropriate
Regular
Bullshit. If we have “good legal title”, have followed the mining code to a T, and are of the opinion that the ML has been held up “illegally in our view” it tells us that the law is on our side and that there must be avenues for legal recourse. So stop fucking around and get into the courts and sort this shit out, stat.
Also, remember when we were smugly told how this shit would happen automatically by court order if the ML was not issued after 30 days? Nigel and his fucking hubris, hey?
Carlos Danger
Top 20
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.
Hemicuda
Regular
at this point does it matter?
Carlos Danger
Top 20
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
Top 20
Yes lol
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.
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.
D
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