Well considering there a number of ASX Lithium stocks with minimal resources and no ML which have higher MCs than AVZ , draw your own conclusions. PLS was at $10mc Billion PE of 100 but punters / Market still willing to buy shares.
Haha good work! The moderation is an absolute joke over there, I've had 2 posts modded in 24 hours.
The picks get booted by the power of democracy - which is very simple, if you're an asshole you get booted.
That's why I said on the Hotcrapper, if the Jin Cheng thing is a done deal, which I would be surprised about, taking FT's drive to stamp out corruption, sue Comniere for $20 million for breach of contract, pay Cath $20 million for AVZ's breach of contract of the Cath deal and renegotiate with Cath 9% for US$150 million.
Welcome aboard Obe. There is also an ignore function accessed by clicking the person's profile picture (if he survives that long
)The power of democracy and the ignore button combined is amazing and refreshing.Welcome aboard Obe. There is also an ignore function accessed by clicking the person's profile picture (if he survives that long
Easy, click on the prick in questions name and icon and do the appropriate thing, followed by reporting the prick.
Any of you guys read through the Cantor report and ML Ann a number of times ?? It does take a couple of reads. I've posted the post below on HC , but its been washed away under the torrent of troll posts which have swamped the threads
I've read it a number of times and less concerned about it ; the option for the 15% was Dathomir were exercised; Dathomir were prepaid $500k in sept 2020 with part of the $40m from the CR in July 2021 used to pay the balance thus reducing Dathomir to 0% share in Dathcom,
lots of progress has happened since then, which good progress been made by AVZ in increasing the value of the project and its pretty clear Simon Cong / Dathomir wants more $$$ and 'claiming' there's issues with the share certificate ever though they have already been paid and accepted
That's the problem with these shifty's , they don't realize what they had until they want more in their bank account . The share certificates were awarded and certified by the DRC courts .
Now Dathomir (Simon Cong , Kabila's buddy) 'claims' issues with the share certs, Dathomir claim was made by reference to some tribunal decision ; this Tribunal decision has zero effect under DRC law on the 75% equity interest interest AVZ holds i.e. that 75% is AVZs ; also that tribunal decision under DRC also has no effect on the sale and purchase agreements of how that 15% was acquired, its pretty clear at least to me that the issue here is that Dathomir now think they should have received more $$ as they MC of AVZ has bulged and now wants more money on top of what they have already been paid; so that 15% that was bought from Dathomir for $20m isn't going away , they just want more money for it .
Comments in that Cantor report and on the Ann , states that the Tribunal decision is without foundation or merit . Also this tribunal decision can be over turned over.
Summary IMO, Dathomir are out of luck with getting any further cash for the 15% they sold . That 15% is AVZs , end of; but highly likely that Dathomir AKA Simon Cong, sees an angle on some additional funds and that additional 15% through Cominiere ...well:... the tribunal decision, which was highly likely brought to "claim , claim " status, would potentially provide those in Cominiere (anyone know Cong the influential DRC Business man in there) with an avenue to skip the first right agreement without notice and flog it for a higher sum to a welcoming buyer.... woud Mr Cong benefit from this? Maybe, maybe not who knows , but would some extra cash Dathomir / Simon Congs way , make this Tribunal decision easier to overturn , thus resulting in a sudden non issue with the share certs / first rights and this Cominiere "claim" also dissipating
This will be an area of focus now for the AVZ legal team ; will the AVZ legal team be able to spot any loops holes they missed out in the first place , after they basically spent a year and a day binding this thing together in the first place and which Dathomir gladly accepted and ran with $20m
anyway thats what i posted above, whats your thoughts
Gone from Pinning as well ?????
Most of us are of the same understanding and conclusion - the 15% from dathomir is not under contention and we will have at the very least, 51% of manono - if not 66%.Any of you guys read through the Cantor report and ML Ann a number of times ?? It does take a couple of reads. I've posted the post below on HC , but its been washed away under the torrent of troll posts which have swamped the threads
I've read it a number of times and less concerned about it ; the option for the 15% was Dathomir were exercised; Dathomir were prepaid $500k in sept 2020 with part of the $40m from the CR in July 2021 used to pay the balance thus reducing Dathomir to 0% share in Dathcom,
lots of progress has happened since then, which good progress been made by AVZ in increasing the value of the project and its pretty clear Simon Cong / Dathomir wants more $$$ and 'claiming' there's issues with the share certificate ever though they have already been paid and accepted
That's the problem with these shifty's , they don't realize what they had until they want more in their bank account . The share certificates were awarded and certified by the DRC courts .
Now Dathomir (Simon Cong , Kabila's buddy) 'claims' issues with the share certs, Dathomir claim was made by reference to some tribunal decision ; this Tribunal decision has zero effect under DRC law on the 75% equity interest interest AVZ holds i.e. that 75% is AVZs ; also that tribunal decision under DRC also has no effect on the sale and purchase agreements of how that 15% was acquired, its pretty clear at least to me that the issue here is that Dathomir now think they should have received more $$ as they MC of AVZ has bulged and now wants more money on top of what they have already been paid; so that 15% that was bought from Dathomir for $20m isn't going away , they just want more money for it .
Comments in that Cantor report and on the Ann , states that the Tribunal decision is without foundation or merit . Also this tribunal decision can be over turned over.
Summary IMO, Dathomir are out of luck with getting any further cash for the 15% they sold . That 15% is AVZs , end of; but highly likely that Dathomir AKA Simon Cong, sees an angle on some additional funds and that additional 15% through Cominiere ...well:... the tribunal decision, which was highly likely brought to "claim , claim " status, would potentially provide those in Cominiere (anyone know Cong the influential DRC Business man in there) with an avenue to skip the first right agreement without notice and flog it for a higher sum to a welcoming buyer.... woud Mr Cong benefit from this? Maybe, maybe not who knows , but would some extra cash Dathomir / Simon Congs way , make this Tribunal decision easier to overturn , thus resulting in a sudden non issue with the share certs / first rights and this Cominiere "claim" also dissipating
This will be an area of focus now for the AVZ legal team ; will the AVZ legal team be able to spot any loops holes they missed out in the first place , after they basically spent a year and a day binding this thing together in the first place and which Dathomir gladly accepted and ran with $20m
anyway thats what i posted above, whats your thoughts
