AVZ Discussion 2022

[Winenut]

Seriously you can't write this shit.....

 

[TDITD]

Clearly an offer at least 1.50 will be made. Even @Modo is happy with it so that gives you an indication as to what's coming. As I've said before there is no chance the bod will let themselves be open to class action from investors that lose money by selling below the all time high.

And I'm 100% with them. I'd rather face the unknown of the election than see people that have had to endure this shitshow through no fault of their own get rat fucked by the pre suspension happy talk of management. The bod have indicated to shareholders privately that they would accept 2.00 as it stands and I believe that.

I still think lions gonna lion and all will be well in the pride lands soon. But there is a very fine line between optimism and delusion. Like I said everybody that looks at the situation reasonably has a price between 1.38 and 2.00 if a potential takeover needs to happen.

A fair price for me is 1.88. You know, for luck.

View attachment 28527
View attachment 28528

If even Modo is happy, pause a moment, does this not tell you everything you need to know. Even MODO knows a reasonable TO price is NOWHERE near .90

BUT at $1.5-2 we are leaving so so much on the table, however if it was communicated by the BOD that we have been and will continue to be blocked then obviously we have to get as much for it as possible in its current state, then so be it.

Like you I think it doesn't look anything like that ATM, it looks like we are ever so slowly progressing. The shuffle is important, Felix has stated that crims will be dealt with, it wouldn't suprise me to see Kayinda moved into another position then sometime after the elections dealt with.

The $1.5 was laughed at and ridiculed by many at the start of this suspension, everyone knew it was a joke price. It seems like people are over it so just want to sell it cheap to get a good profit instead of wait till mining and beyond for ridiculous profit.

Personally I'd not be happy at all with that, with what we have left on the table, yes I'd literally be not happy to have millions paid out to me because....... I'm here for the dividends

10
10
10

 

[TDITD]

For clarity….AVZ will not be taken over. They may sell their part of the project for a price that is acceptable to shareholders one day….. but AVZ will continue to exist on the ASX and go in search of new opportunities if that happens.

Once ML issued and 10Mtpa numbers announced, I’m sure they will be fielding many offers.

Nige gave a hint at the Melb Preso of the project value. His words were that if the DRC took the project away, then they would seek US$10billiin in damages through a case in the ICC.

You can work out your own SP from that

I gave you a fire but its not enough fire, please have a gif too

 

[ptlas]

A bird in the hand is worth 2 in the bush.

$1.50 is not too dusty an offer, all things considered.

There is a very long road ahead to build this project. DFS capex well out of date now. be lucky if commissioning in 2025 based on where things are at now, and ML was given with FID rapid to follow. Unlikely going to be that quick, as capex costs willed updating for sure.

CATL a good exit option.

Fuck off

 

[TDITD]

Fuck off

is someone going to mention to him lithium prices have boomed ? or that we have many improvements in the BFS from pit design to transport (boats that can ride 6mt waves)

 

[Winenut]

Here's how it goes on the crapper

View attachment 28529

This was my..........ummm..........response...........

View attachment 28530


and I got a thumbs up!

...... and ......I just got another one!!

 

[ptlas]

is someone going to mention to him lithium prices have boomed ? or that we have many improvements in the BFS from pit design to transport (boats that can ride 6mt waves)

Waste of time.

Troll will just do the usual and turn it into you/ us justifying our views for the nth time.

If I could answer him in one word then I would. Unfortunately, I need two.

 

[Carlos Danger]

If even Modo is happy, pause a moment, does this not tell you everything you need to know. Even MODO knows a reasonable TO price is NOWHERE near .90

BUT at $1.5-2 we are leaving so so much on the table, however if it was communicated by the BOD that we have been and will continue to be blocked then obviously we have to get as much for it as possible in its current state, then so be it.

Like you I think it doesn't look anything like that ATM, it looks like we are ever so slowly progressing. The shuffle is important, Felix has stated that crims will be dealt with, it wouldn't suprise me to see Kayinda moved into another position then sometime after the elections dealt with.

The $1.5 was laughed at and ridiculed by many at the start of this suspension, everyone knew it was a joke price. It seems like people are over it so just want to sell it cheap to get a good profit instead of wait till mining and beyond for ridiculous profit.

Personally I'd not be happy at all with that, with what we have left on the table, yes I'd literally be not happy to have millions paid out to me because....... I'm here for the dividends

10
10
10

I didn't mention 0.90. And I wouldn't be happy either with a takeover or selling of our percentage of Dathcom as this was all avoidable if management didn't agree to partition the tenement.

I think the deposit is worth multiples of 2.00 when in operation at current shares outstanding. I'm sure the bod does too. But at this point the only thing that matters is what the DRC government does.

If we are still waiting for something as simple as calculating numbers then registering a fucking document come mid year and a fair offer comes along it's game over imo

 

[Winenut]

I didn't mention 0.90. And I wouldn't be happy either with a takeover or selling of our percentage of Dathcom as this was all avoidable if management didn't agree to partition the tenement.

I think the deposit is worth multiples of 2.00 when in operation at current shares outstanding. I'm sure the bod does too. But at this point the only thing that matters is what the DRC government does.

If we are still waiting for something as simple as calculating numbers then registering a fucking document come mid year and a fair offer comes along it's game over imo

Did management agree to partition or were they hoodwinked?

Where is it documented AVZ management agreed to the partitioning of PR 13359?

Or did CAMI/Mupande do a job on AVZ????

Genuine question

 

[Roon]

Get over yourself

The fact you have gone from the sublimely ridiculous .90 TO and then leapt to $1.50 tells it all

It was and is ridiculous.

Didn't even bother with the rest as it was pointless when you jumped to $1.5 my point was made for me cheers!!!

I've said multiple times on here my TO price without a ML is 1.5, which is why I brought it up. We get our licence and all bets are off.

All I said in the original dispute is that 90c seems more plausible than 10$ in my book for a takeover for where we sit right now and I stand by that. I can't see how anyone would think otherwise but that's up to you. I don't believe it would by for 90 by any stretch, BTW.

Get over myself? You need to engage with a little more humility or tact, we're all comrades here after all and you're just being unpleasant. I've noticed it before from you so I'm not surprised but I could do without it.

Peace.

 

[BEISHA]

We weren't talking about being worth 35 billion in 5 or 10yrs should we build a mine, expand, get a JV in a Hydroxide plant, expand again into CDL, JV in battery plant possibly and be the boss at the top of the pile at a time lithium is roaring. We were talking about a 35B takeover, you know as opposed to one for 90c or whatever if the Chinese manage to grind us down in the the case that the ML doesnt appear on the way. Sure the board wouldn't look at that now, but 1.5$ or so if things don't play out the way we hope and things could be different...

And maybe you're seeing things I'm not but let's have a look at your points there showing all the signs being pointed to us receiving our ML

We hold a good position - well we've held the same good position for the some time with no ostensible change in our circumstances

a reshuffle of ministers ANNOUNCED so on its way(slowly I know) - it would be good to see the green mamba go for sure if that doesn't turn out to be the case. Its not occured yet. But is she the main sticking point in any case? This isn't a shuffle of departments that would oust old mate JPW, for the third time anyway, who management essentially admitted was the roadblock

Felix stance on corruption ANNOUNCED many times - yes and what's come of that? Several high profile court cases when unavoidable, with them either being freed or declared not guilty. Might see a more of a push on this front as voting approaches for optics though perhaps

IGF Jules talking about Cominieres crimes via corruption - yes this is good. If only IGF had powers to prosecute rather than just send a report in to a corrupt judiciary

Our advisors over there having got through to Felix (final assult) - really? Sure our MD said he backs us now after previous disinformation but have we seen anything to suggest he does indeed support us? Nada


We have ML Decree - yes a Decree that enshrines the illegal split of our tenement, and the release of which began our 10 month suspension several days after

where are all the signs you stated that are essentially pointing to ML being given?

"Major national elections? Why does this automatically mean Felix is out ?" - where did I say it did? But any election is a risk factor, especially when corruption is so rife. Wouldn't only be them too, Chinese would prefer Kabila also. Honestly though I think FT will win, I'm just suggesting we wouldn't particularly want to be without a ML and several of our ICC cases yet to be wrapped up whilst going into something which could plausibly go another way than we would like.

I still feel we will get the ML, and likely in the not too distant future, but I think a TO attempt is in the makings in the meantime. I think in 6 months time if we haven't ironed out our issues such a circumstance may begin to look more appealing, and that a realistic figure would be more likely.

Apolgies for the response anyway, i just don't like someone facepalming me for not accepting their always positive viewpoint, and suggest someones a negative fool for thinking a 35b takeover was less likely "The ways things stand" than one at 5b or so.

Let's be balanced
Viva la ML so we can put all this shit to bed

Hi Roon

Stick around champ, cause i really like balanced posters who see both sides of the equation.

Honestly, i think all this talk of $3, $4, $5, $10, $12 banter is just a bit of humour to pass the time away as we enter another month of hibernation.......

The fact that we are even talking TO at all means those fucking corrupt arseholes are finally getting to us all, they are playing the long game, acknowledged by Graeme Johnston at the AGM.

I certainly hope this TO talk is just humour, cause in the slight possibility that its on the cards and the chinese actors are in the thick of the action...........then dont expect them to pay overs, everyone will be disappointed.

In my 5 years as a real estate agent, the chinese were the most difficult of customers, they wanted everything , but wanted to pay peanuts, part of the reason why i left the industry.

Our best hope and my preference, is for this cabinet reshuffle to be the domino effect for a expeditious ML , if this does not happen within the next 2 - 3 months, then that will confirm to me that FT is full of shit and more concerned for his re election, than fighting corruption, it also means he considers the IGF as just lip service...........which ultimately will lead to his demise...........the common folk maybe poor, but they aint stupid and want to see MANONO developed ASAP

ALL TALK AND NO ACTION = FUCK OFF

If no ML by June...........then AVZ BOD better have a PLAN B and sadly, that may mean going into bed with ZIJIN , which you would think, holds the strings to CAMI, COMINIERE and the abrupt halt of the ICC proceedings.

At the end of the day, I have NFI, but i am open minded to other possibilities, just dont want to see MANONO being a stranded asset come DEC 2023, cause there is no guarantee that FT wins the next election , which means we could be at the mercy of KABILA.

FT............prove me wrong that you are full of shit and prove @Carlos Danger is right in his support for you.............by granting AVZ the ML ASAP.


imo

 

[Carlos Danger]

Did management agree to partition or were they hoodwinked?

Where is it documented AVZ management agreed to the partitioning of PR 13359?

Or did CAMI/Mupande do a job on AVZ????

Genuine question

I can't remember who posted it or where it was said (I think at a roadshow) but allegedly Nigel said that CAMI told AVZ that the request for the partition came from Felix. But when Nigel met with Felix he told him that wasn't true and he never requested the tenement be split.

Obviously AVZ management agreed to partition the tenement somewhere between the end of the favourable opinions process and the issuing of the ministerial decree. They were more than happy to announce the north would be renewed under a PR on May 4th 2022 and trade for 3 days after.

Clearly this was a scheme cooked up by Mupande and Klaus to flip the north to Zijin. Call it what you want on AVZ management's behalf but this was the moment all of our troubles finalising the licence began. Considering this is not the norm in the mining code I would have requested written proof from Felix before agreeing to anything that jackal Mupande proposed.

From the AGM:

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”

 

[TDITD]

I've said multiple times on here my TO price without a ML is 1.5, which is why I brought it up. We get that and all bets are off.

All I said in the original dispute is that 90c seems more plausible than 10$ in my book for a takeover for where we sit right now and I stand by that. I can't see how anyone would think otherwise but that's up to you. I don't believe it would by for 90 by any stretch, BTW.

Get over myself? You need to engage with a little more humility or tact, we're all comrades here after all and you're just being unpleasant. I've noticed it before from you so I'm not surprised but I could do without it.

Peace.

Yes get over yourself. You seriously miscomprehended my post, so I replied clearing it up.
You once again then acted silly in your reply moving your goal posts to 1.50 then writing an essay that no doubt was full of cherry picking and one-upmanship. Mate im so uninterested in that crap. Hence I didn't bother.

I only treat those how they treat me or others, so don't like it that's fine then please don't dish it, if you feel I'm being unpleasant well guess what...

I'm happy to call it a disagreement an move on

 

[Samus]

Question is, who really wants and can trust their money being tied up in the DRC moving forward? Herein lies the problem imo.
We need to maintain 100% of 13359 and 75% of Dathcom after the shitshow, that'd be a start of getting some faith back in this company and in the DRC. You know having what we legally had in the first place?
I mean they're pretty fucking hopeless really huh? Why is JFMK able to hold up a major project without a peep from anybody?
How come MOM isn't saying anything. Where is the Presidential order to hurry the fuck up?
How come we only hear from the detractors in the government and they're able to flood the media with their bullshit?
The place is a fucking joke tbh.

 

[TDITD]

I can't remember who posted it or where it was said (I think at a roadshow) but allegedly Nigel said that CAMI told AVZ that the request for the partition came from Felix. But when Nigel met with Felix he told him that wasn't true and he never requested the tenement be split.

Obviously AVZ management agreed to partition the tenement somewhere between the end of the favourable opinions process and the issuing of the ministerial decree. They were more than happy to announce the north would be renewed under a PR on May 4th 2022 and trade for 3 days after.

Clearly this was a scheme cooked up by Mupande and Klaus to flip the north to Zijin. Call it what you want on AVZ management's behalf but this was the moment all of our troubles finalising the licence began. Considering this is not the norm in the mining code I would have requested written proof from Felix before agreeing to anything that jackal Mupande proposed.

From the AGM:

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”

View attachment 28532
View attachment 28535
View attachment 28533
View attachment 28534

Yep management were hoodwinked. But end of the day problem is they agreed to it somehow. It looks like Klaus and Mupande in leauge with Zijin who they were to sell it to hatched this plan, MOP being involved to probably or at least got a cut due to her facilitating AJN. Agree that's shocking we didn't think to check it out properly as it's one hell of an ask and also Mupande has a terrible reputation ffs.

 

[TDITD]

Question is, who really wants and can trust their money being tied up in the DRC moving forward? Herein lies the problem imo.
We need to maintain 100% of 13359 and 75% of Dathcom after the shitshow, that'd be a start of getting some faith back in this company and in the DRC. You know having what we legally had in the first place?
I mean they're pretty fucking hopeless really huh? Why is JFMK able to hold up a major project without a peep from anybody?
How come MOM isn't saying anything. Where is the Presidential order to hurry the fuck up?
How come we only hear from the detractors in the government and they're able to flood the media with their bullshit?
The place is a fucking joke tbh.

Hard to disagree.

We definitely should have what we originally had, throw in the extra 15% would be a start along with MOP an Mupande gone, I'd be happy with that for a start and of course ML.

The fact nobody but Jules Alingete has spoken remotely supporting AVZ is a fucking travesty. But also telling that the most honest guy around is on our side per-say. If Felix isn't full of shit about his corruption policies then that's a big plus.
To be fair they have now shut up the green mumba spewing her lies. We are still treated to a BS news article every now and again.

 

[BEISHA]

Yep management were hoodwinked. But end of the day problem is they agreed to it somehow. It looks like Klaus and Mupande in leauge with Zijin who they were to sell it to hatched this plan, MOP being involved to probably or at least got a cut due to her facilitating AJN. Agree that's shocking we didn't think to check it out properly as it's one hell of an ask and also Mupande has a terrible reputation ffs.

Was Avz management hood winked or negligent?

With such a important doco , you would of thought the Avz lawyers would of been all over it before signing......

 

[Hemicuda]

Question is, who really wants and can trust their money being tied up in the DRC moving forward? Herein lies the problem imo.
We need to maintain 100% of 13359 and 75% of Dathcom after the shitshow, that'd be a start of getting some faith back in this company and in the DRC. You know having what we legally had in the first place?
I mean they're pretty fucking hopeless really huh? Why is JFMK able to hold up a major project without a peep from anybody?
How come MOM isn't saying anything. Where is the Presidential order to hurry the fuck up?
How come we only hear from the detractors in the government and they're able to flood the media with their bullshit?
The place is a fucking joke tbh.

Because the cat is in on it

 

[cruiser51]

Waste of time.

Troll will just do the usual and turn it into you/ us justifying our views for the nth time.

If I could answer him in one word then I would. Unfortunately, I need two.

How about 'wanker'?

 

[Carlos Danger]

Was Avz management hood winked or negligent?

With such a important doco , you would of thought the Avz lawyers would of been all over it before signing......

The only person that doesn't come off looking like an amateur in the partition fiasco is Mupande

Long live the king