AVZ Discussion 2022

cruiser51

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China is 100% committed to stealing as much as they can from the DRC. Fraudsters Zijin and Simon Cong will take whatever they can! They are helped by their good friends Adele Kayinda and Jean felix mupande.
 
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Jazz

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With no real end in sight to this suspension and only three quarters of funding left in the tank. It looks likely that the ATM funding facility may be required to keep the lights on. I’m wondering if managements hand may be forced to lift the suspension in 6 or so months in order to access the ATM funds so the shares can be sold on market.
Can anyone comment on the details of how the ATM facility can/can’t work during suspension? I have no knowledge of this type of arrangement.
 
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With no real end in sight to this suspension and only three quarters of funding left in the tank. It looks likely that the ATM funding facility may be required to keep the lights on. I’m wondering if managements hand may be forced to lift the suspension in 6 or so months in order to access the ATM funds so the shares can be sold on market.
Can anyone comment on the details of how the ATM facility can/can’t work during suspension? I have no knowledge of this type of arrangement.
Either the licence is registered after the reshuffle or management hit the sell button. No chance the ATM funds will be needed while in suspension imo
 
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China is 100% committed to stealing as much as they can from the DRC. Fraudsters Zijin and Simon Cong will take whatever they can! They are helped by their good friends Adele Kayinda and Jean felix mupande.

Some great tweets coming from Jonnno lately on the bird. Get around him. Br Sparrowhawk
 
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Winenut

Go AVZ!
With no real end in sight to this suspension and only three quarters of funding left in the tank. It looks likely that the ATM funding facility may be required to keep the lights on. I’m wondering if managements hand may be forced to lift the suspension in 6 or so months in order to access the ATM funds so the shares can be sold on market.
Can anyone comment on the details of how the ATM facility can/can’t work during suspension? I have no knowledge of this type of arrangement.
Stand to be corrected but I think the shares have already been struck at a specific price for the $50M

Locked in

Just need to execute the deal the shares are transferred and the money comes in

Like I said.......very happy to be corrected on that
 
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Samus

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Either the licence is registered after the reshuffle or management hit the sell button. No chance the ATM funds will be needed while in suspension imo
I'm not sure why everyone is counting in this reshuffle so much, from what we've seen in the past it'll take any new ministers a good while to find their feet. And who's to say that the replacement isn't just another criminal since the government is rife with them. FT was our only answer for a quick resolution but this isn't going so well. Vidiye Tshimanga has cast doubt on his integrity as has his inaction to date on the IGF findings.
Also there is nothing to sell with no licence unless we're talking about selling for a pittance. Even then you'd assume that ownership needs 100% clarity.
Everything is hinging on the licence, management even said as much at the roadshow.
Not sure about anyone else but I'm getting sick of being strung along by one false hope afrer another that make no sense.
I don't expect any sort of quick resolution after the government reshuffle, if it even happens and if the grub is truly gone.
Unless something monumental happens behind the scenes I reckon we're still in for a slow grind.
Remember still zero resolution to any of the outstanding issues to date.
 
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Samus

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Stand to be corrected but I think the shares have already been struck at a specific price for the $50M

Locked in

Just need to execute the deal the shares are transferred and the money comes in

Like I said.......very happy to be corrected on that
Reads to me like an on market process.
We need someone to decode this gobbledygook:

AVZ Minerals Limited (ASX:AVZ)(“AVZ” or “Company”)is pleased to announce it has entered into an At-the-Market Subscription Agreement (ATM) with Acuity Capital. The ATM provides AVZ with up to $50,000,000 of standby equity capital over the coming 27 months.

Importantly, AVZ retains full control of all aspects of the subscription process, having sole discretion as to whether or not to utilise the ATM, the maximum number of shares to be issued, the minimum issue price of shares and the timing of each subscription (if any). There are no requirements on AVZ to utilise the ATM and AVZ may terminate the ATM at any time, without cost or penalty. Acuity Capital and the ATM do not place any restrictions at any time on AVZ raising capital through other methods.

If AVZ does decide to utilise the ATM, AVZ is able to set an issue price floor (at its sole discretion), with the final issue price being calculated as the greater of the nominated floor price and up to a 10% discount to a Volume Weighted Average Price (VWAP) over a period of AVZ's choosing (again at its sole discretion).

As security for the ATM, the Company has agreed to place 60,000,000 AVZ shares from its LR7.1 capacity to Acuity Capital at nil cash consideration. The Company may, however, at any time cancel the ATM as well as buy back (and cancel) those shares for no cash consideration (subject to shareholder approval).
 
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I'm not sure why everyone is counting in this reshuffle so much, from what we've seen in the past it'll take any new ministers a good while to find their feet. And who's to say that the replacement isn't just another criminal since the government is rife with them. FT was our only answer for a quick resolution but this isn't going so well. Vidiye Tshimanga has cast doubt on his integrity as has his inaction to date on the IGF findings.
Also there is nothing to sell with no licence unless we're talking about selling for a pittance. Even then you'd assume that ownership needs 100% clarity.
Everything is hinging on the licence, management even said as much at the roadshow.
Not sure about anyone else but I'm getting sick of being strung along by one false hope afrer another that make no sense.
I don't expect any sort of quick resolution after the government reshuffle, if it even happens and if the grub is truly gone.
Unless something monumental happens behind the scenes I reckon we're still in for a slow grind.
Remember still zero resolution to any of the outstanding issues to date.
The reshuffle will show how serious Felix is about fighting corruption. I don't pin all of our hopes on what happens to the MoP but it will be a solid indicator as to what happens next. Although she might be removed and we still don't get the licence registered.

Yeah we may need to give the new ministers time. That's why I've been saying mid year will be the cut off point. I expect things to happen quickly but you never know in the DRC. But if we are still being fed bullshit from the government come June that there is just a few more things to sort out then it will be obvious that Felix doesn't want us to mine the deposit.

So a sale will be arranged if that scenario happens. No one wants years of arbitration while the ICC sorts it out. Any potential buyer of our shares of Dathcom or AVZ itself would inherit the situation as is. The price would reflect that. I'm sure the buyer would need to be approved by Felix and if he is happy then the calculator at CAMI might just start working.

Management have indicated that they would be open to selling at 2.00 (7b). They also said that if the DRC government took the tenement off us we would seek damages of 2.84 (10b). Take out lawyers fees and possibly not being awarded the full amount and we would be lucky to get much more than that 2.00 mark. Nigel said at the German roadshow in April last year that a takeover offer had recently been made but the bod didn't consider it worthy. So there is someone out there willing to buy before we have the licence imo

From someone's notes (sorry forgot who wrote these) at one of the Australian roadshows in November:

20230204_002933.jpg
 
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RHyNO

Regular
This AJN hold by Nigel is a fucking joke. I can’t even begin! If this goes pear shaped. There is no way in fuck he is getting away with this shit. For $350k a year this fuckwitt should be solely focused on AVZ AND NOTHING MORE!!!! How dare he, this cunt has my money and he’s paying himself yearly what I have given him. And while doing this investing in and working with alternate companies. It’s a conflict. No denying it.
 
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She is still in the government, so the information that the last minister meeting was the one before the reshuffle is wrong. When nothing happens in Februar the article’s are bullshit. I hope the best…

Yep, the Green Grub is still there @Schemozzle. It’s a schemozzle.
 
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TDITD

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Stand to be corrected but I think the shares have already been struck at a specific price for the $50M

Locked in

Just need to execute the deal the shares are transferred and the money comes in

Like I said.......very happy to be corrected on that
$10
 
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Scoota30

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Bray

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Surely our big Chinese investors are putting pressure on the DRC to get shit moving since they have so much play over the DRC system.. right.. right..RIGHT

COME THE FUCK ON
 
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Bray

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Fuck off Peter ya ass clown
 
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ptlas

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TDITD

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She is still in the government, so the information that the last minister meeting was the one before the reshuffle is wrong. When nothing happens in Februar the article’s are bullshit. I hope the best…



She is still in the government, so the information that the last minister meeting was the one before the reshuffle is wrong. When nothing happens in Februar the article’s are bullshit. I hope the best…

Giving the IGF findings any normal government would ask ministers to step down pending investigations. The evidence was so compelling that it’s laughable that Felix has taken so long to make that move. I hope he moves the ministers sooner rather than later and has power/support to do so
 
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Giving the IGF findings any normal government would ask ministers to step down pending investigations. The evidence was so compelling that it’s laughable that Felix has taken so long to make that move. I hope he moves the ministers sooner rather than later and has power/support to do so
On a positive note she hasn’t said a peep in the media since late November which might suggest her power she thought she once had is fading away
 
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Frank

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At the Martyrs stadium, Pope Francis launches to young people:
“Reject corruption!


The future of the country is in your hands, said François to the young Congolese and catechists gathered Thursday, February 2 in the Martyrs of Pentecost stadium in Kinshasa, before offering them five ingredients, like the five fingers of the hand, to build the future of the DRC.

“You are a unique, incomparable and incomparable wealth. No one in history can replace you,” Francis first told the more than 65,000 young people and catechists gathered in a stadium that first honored the Holy Father with festive songs and dances.

“You can shake your hand and close it, it becomes a fist: or you can open it and make it available to God and others,” Francis told the crowd, accompanying his remarks with a demonstration by gesture. make the choice of Abel or that of Cain.

For the future to be born in the hands of young people, the Sovereign Pontiff has distilled five ingredients for them, like the five fingers of the hand.

In the DRC, 60% of the population is under 20 years old.

Thumb for prayer

The thumb is the finger closest to the heart, it “corresponds to the prayer that makes life throb”, developed François. Prayer is a fundamental ingredient, “it is like an uprooted tree: even if it is big and vigorous, it cannot stand on its own.”

Prayer is the water of the soul, "it is humble, we do not see it but it gives life."

But this prayer must be alive, specified the successor of Peter to the crowd of a country ravaged by wars: "do not turn to Jesus as if he were a distant and distant being of whom we are afraid, but rather the greatest friend who gave his life for you.

He knows you, he believes in you and loves you, always.”

Every day, Francis invited, we must raise our hands and bless God, “tell him about your neighborhood, your neighbors, your teachers, your companions, your friends and colleagues; of your country.

God loves this living, concrete prayer, made with the heart", he advised, before asking the young people and catechists a question: "Do you want to choose prayer as your secret, as the water of your soul, as the only weapon you have to carry with you, as your daily travel companion?”

With young Congolese, François urges to reject corruption

The future of the country is in your hands, said François to the young Congolese and catechists gathered Thursday, February 2 in the Martyrs of Pentecost stadium in Kinshasa, before offering them five ingredients, like the five fingers of the hand, to build the future of the DRC.

Middle finger for honesty :oops:

Next comes the central finger, which rises above the others, as if to remind us of an indispensable thing: honesty.

“It is the fundamental ingredient for a future that meets your expectations”.

The opposite of honesty is corruption, the Pope explained, as the DRC is one of the most corrupt countries in the world, ranking 166 out of 180 countries in Transparency International's Corruption Index.

"All together, we say 'no corruption'," Francis repeated to the crowd, prompting a cheer.

“I like this song, you are good,” he said with a smile, interrupting his speech to let the crowd cheer for several minutes.

There are many young Congolese who oppose the corruption that plagues their country, like the testimony told later by the Pope; that of Floribert Bwana Chui, killed fifteen years ago in Goma at the age of 26 for having blocked the passage of spoiled foodstuffs which would have damaged people's health.

“He could have let it happen, no one would have found out, and he would have won.

But, as a Christian, he prayed, thought of others and chose to be honest by saying no to the filth of corruption,” he said.

“That is keeping your hands clean while the hands that smuggle money are bloody.”

If someone hands out an envelope, "don't fall into the trap, don't let yourself be deceived, don't let yourself be swallowed up in the swamp of evil," Francis insisted, saying "no" with his index finger.

mediacongo


View attachment 28563

Food for thought, plus a middle finger to Corruption 👆

Let us Pray to the AVZ / Lithium Gods 🙏

Frank ;)
President Félix Tshisekedi thanks Pope Francis “for his inspiring words around peace and solidarity”

1675464547204.png


President Félix-Antoine Tshisekedi Tshilombo accompanied the sovereign pontiff this Friday, February 3 to N'djili international airport, to take his flight to Juba in South Sudan, after his stay in Kinshasa.

According to the presidential press, Félix Tshisekedi wanted to thank personally and on behalf of the Congolese people, Pope Francis "for his inspiring words around peace, solidarity and prayer, pronounced during his stay in Kinshasa".

"President Tshisekedi also wanted to thank Pope Francis for his spirit of love, compassion and comfort towards the Congolese before telling him that he will always be welcome in the Democratic Republic of Congo", reported the office of the Congolese head of state.

In Kinshasa, the Bishop of Rome called on all those pulling the strings of war in the DRC to listen to the voice of God who, he said, calls them to conversion.

“End the war. It is enough to get rich on the backs of the weakest, to get rich with resources and money tainted with blood! “, he urged.

“We cannot get used to the blood that has been flowing for decades in the DRC, causing millions of deaths.

May the ongoing peace processes, which I encourage with all my strength, be supported in practice and that commitments be kept,” he said.

Pope Francis recalled that "the DRC and Africa deserve to be respected and listened to, they deserve space and attention".

He, in the process, called on the predators to "stop suffocating Africa", which is not a mine to be exploited nor a land to be plundered, he warned.


mediacongo


China-Belt-and-Road-Initiative !!! .jpg
 
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