AVZ Discussion 2022

[njoy84]

Big question is will cath really take the 9% for the moment and give us the money for all we need?

Of course Nigel said it at the roadshow, but I’m not sure if I can trust it.

After 11 months no new contract had been released. Only a extension every time. If it would be that easy to change it to get a ML why are we still in this situation?

But for sure the conference with cominiere and the new announcement showed we are not close to anything. And I have the feeling they are still hope the president or anyone in the government will do the right.

Meanwhile i am already at the point where I say that they should just take the 60%, revise the bfs and put out a 10mtpa study with a shiny sales tag.

I'm tired of watching this spectacle day in and day out hoping my investment doesn't go down the drain.

 

[Bray]

Green dragon actually smiling for once
“Two sectors currently in great difficulty”
Don’t we know it

 

[Bonsoir]

View attachment 33451

Green dragon actually smiling for once
“Two sectors currently in great difficulty”
Don’t we know it

With a stroke of a pen these people can decide the fate of their country and our financial security one way or another.

 

[Carlos Danger]

How do you come at AVZ 51% ? Does that mean we are getting ML ? What's your thought's on the DG of Cominiere wanting control of the project ? Are we talking the whole tenement now ( nth & sth ) ? Some said all of Roche Dure + Sth CDL was always ours for the taking at anytime if we gave up on the Nth ? Do think that was an actual fact or BS ? If it was a fact would we have been better off taking the 1 Billion tonne + high grade low strip Roche Dure instead of being in the sh1t we are now in ?

How do you come at AVZ 51% ?

60% - 9% to CATH

Does that mean we are getting ML ?

Yes

What's your thought's on the DG of Cominiere wanting control of the project ?

Merely a bluff

Are we talking the whole tenement now ( nth & sth ) ?

The whole kingdom snow white

Some said all of Roche Dure + Sth CDL was always ours for the taking at anything if we gave up on the Nth ? Do think that was an actual fact of BS ?

The offer from Zijin to Cominiere about 15% or the north indicates it may have been an option at one stage

If it was a fact would we have been better off taking the 1 Billion tonne + high grade low strip Roche Dure instead of being in the sh1t we are now in ?

51% of 1.5b is better than 66% of 1b imo

Will Nellie still strip off and run across the Storey Bridge ?

Don't care

In response to your deleted question about the remaining 30%:

CATH 15% (24% total) from Dathomir through AVZ

Cong will be taken care of

Zijin 15% from Cominiere

I don't think Cominiere actually want any %. This is all about getting Zijin in the project and making the snacks payment scandal go away for them and the MoP. Most likely Zijin will need to pay the 150m price from the DFS and we will need to drop our FROR claim. Given the need and urgency.

The 5% to be ceded to the DRC government every renewal will be done on a pro rata basis. So AVZ will lose control in 2048. Although we will probably be bought out long before then imo

 

[Mickyb64]

With a stroke of a pen these people can decide the fate of their country and our financial security one way or another.

I've finally accepted the fact that my investment is lost, I just want to move on from this nightmare.

 

[wombat74]

In response to your deleted question about the remaining 30%:

CATH 15% (24% total) from Dathomir through AVZ

Cong will be given some money or shares in one of the Chinese companies to go away

Zijin 15% from Cominiere

I don't think Cominiere actually want any %. This is all about getting Zijin in the project and making the snacks payment scandal go away for them and the MoP. Most likely Zijin will need to pay the 150m price from the DFS and we will need to drop our FROR claim. Given the need and urgency.

The 5% to be ceded to the DRC government every renewal will be done on a pro rata basis. So AVZ will lose control in 2048. Although we will probably be bought out long before then imo

Cheers mate . Excellent analysis.

 

[Roon]

I've finally accepted the fact that my investment is lost, I just want to move on from this nightmare.

Don't give up hope yet!

I've also had some dark moments with all this, having far too great a proportion of my assets at risk here, however I think we're still in the game.

I know I've said it before, but my position is still that we should aim for a negotiated outcome rather than remain hard-line and end up losing the lot.

 

[Mickyb64]

Don't give up hope yet!

I've also had some dark moments with all this, having far too great a proportion of my assets at risk here, however I think we're still in the game.

I know I've said it before, but my position is still that we should aim for a negotiated outcome rather than remain hard-line and end up losing the lot.

I'd be over the moon if AVZ stated they were in negotiations. At present I don't even think they have a seat at the table.
Dummy spit over, let's see what happen this week.

 

[CHB]

I've finally accepted the fact that my investment is lost, I just want to move on from this nightmare.

I'm surprised more haven't done this.

I've done the same ages ago and written it all off and started planning and living without that investment. IMO mentally it's much better than constantly worrying if the money is still there and reacting to each piece of news/update.

If everything comes good then it's a nice surprise.

 

[MoneyBags1348]

View attachment 33451

Green dragon actually smiling for once
“Two sectors currently in great difficulty”
Don’t we know it

As usual the only one smiling is the one in the green dress. If AVZ is ripped off after all the work we have done over the last 6 to 7 years, all my efforts will turn to posting information on Chinese, Political and Mining corruption in the DRC with added pictures

 

[MoneyBags1348]

Starting with

 

[Scoota30]

In response to your deleted question about the remaining 30%:

CATH 15% (24% total) from Dathomir through AVZ

Cong will be given some money or shares in one of the Chinese companies to go away

Zijin 15% from Cominiere

I don't think Cominiere actually want any %. This is all about getting Zijin in the project and making the snacks payment scandal go away for them and the MoP. Most likely Zijin will need to pay the 150m price from the DFS and we will need to drop our FROR claim. Given the need and urgency.

The 5% to be ceded to the DRC government every renewal will be done on a pro rata basis. So AVZ will lose control in 2048. Although we will probably be bought out long before then imo

A lot of people won't be happy that you're mentioning doing business with those corrupt K*nts Carlos.

I want to know if Nigel is just talking shit again when he mentioned CATH are just happy with product so will only take 9% ownership but still upfront $240M USD with 150M of that being on a loan agreement.

That way, it could end up 66% AVZ, 9% CATH, 15% Zijin and 10% ceded to the DRC.
As you said earlier, 51% of the whole tenement is better than 66% of just Roche Dure.

Smile and wave, get the ML and then sell this off. When they are making official announcements about being concerned that the government may not follow applicable laws, no shareholder will be upset for selling up Post ML at all time highs.

Everyone wins
AVZ get out of the mess and every shareholder makes money
DRC Gov wash away the MoP corruption and the project goes ahead.
Comineire don't get roasted by Zijin
Zijin get to be involved
CATH get their product.

 

[MoneyBags1348]

A lot of people won't be happy that you're mentioning doing business with those corrupt K*nts Carlos.

I want to know if Nigel is just talking shit again when he mentioned CATH are just happy with product so will only take 9% ownership but still upfront $240M USD with 150M of that being on a loan agreement.

That way, it could end up 66% AVZ, 9% CATH, 15% Zijin and 10% ceded to the DRC.
As you said earlier, 51% of the whole tenement is better than 66% of just Roche Dure.

Smile and wave, get the ML and then sell this off. When they are making official announcements about being concerned that the government may not follow applicable laws, no shareholder will be upset for selling up Post ML at all time highs.

Everyone wins
AVZ get out of the mess and every shareholder makes money
DRC Gov wash away the MoP corruption and the project goes ahead.
Comineire don't get roasted by Zijin
Zijin get to be involved
CATH get their product.

DRC corruption won’t be washed away Scoota, it will be posted on platforms like this and Twitter for years to come

 

[Samus]

A lot of people won't be happy that you're mentioning doing business with those corrupt K*nts Carlos.

I want to know if Nigel is just talking shit again when he mentioned CATH are just happy with product so will only take 9% ownership but still upfront $240M USD with 150M of that being on a loan agreement.

That way, it could end up 66% AVZ, 9% CATH, 15% Zijin and 10% ceded to the DRC.
As you said earlier, 51% of the whole tenement is better than 66% of just Roche Dure.

Smile and wave, get the ML and then sell this off. When they are making official announcements about being concerned that the government may not follow applicable laws, no shareholder will be upset for selling up Post ML at all time highs.

Everyone wins
AVZ get out of the mess and every shareholder makes money
DRC Gov wash away the MoP corruption and the project goes ahead.
Comineire don't get roasted by Zijin
Zijin get to be involved
CATH get their product.

I agree, if this had have gone the way it was supposed to it might not seem so prohibitive moving forward but at this time I'd be happy with something over all time highs and be done with it. Whatever way that can happen make it happen imo.
Just imagine the dramas moving forward in trying to take this to mine, I'm thinking the share price will be smashed for years due to lack of confidence in DRC authorities.
Absolutely over it and it'd be nice to walk away with something to place into Western based investments.
Lesson learnt.

 

[RHyNO]

I've finally accepted the fact that my investment is lost, I just want to move on from this nightmare.

Don’t do it mate. The BOD have your money. Let’s take it from them. If this fails they should all have their assets stripped and be bankrupted for fraudulent misleading investors.

 

[Panther22]

A reminder with translation included.

"I am only doing my job".
Jules knew once report was handed on to Director of Finance that nothing more would come of his report and it appears that is the case.

 

[Scoota30]

DRC corruption won’t be washed away Scoota, it will be posted on platforms like this and Twitter for years to come

That may be the case MB, and it is really unfortunate for the people of the DRC to have Felix spruiking about getting rid of corruption while not ousting ministers.

But at this stage after 11 months of suspension, the best BoD on the ASX priority should be shareholder value, and after the last announcement they are no longer confident of receiving a just outcome, they are concerned. Therefore, cut a deal and preserve SH money that have been locked up instead of standing proud and risking losing even more value.

 

[ptlas]

I'm surprised more haven't done this.

I've done the same ages ago and written it all off and started planning and living without that investment. IMO mentally it's much better than constantly worrying if the money is still there and reacting to each piece of news/update.

If everything comes good then it's a nice surprise.

100%

I've long ceased seriously considering what I'll do with my profits.

But it's important to note that this thread is now going through one of it's periodic negative and pessimistic times.

Whilst I'm prepared to compromise to get out positively, I am not prepared to crumble based on the ASX shenanigans last week.

Also, we are discussing the possible AVZ share of manono.
If, for example, we finish with 51% of both CDL & RD then I really don't think that $12 is unrealistic in 3-5 years with increases of production due to rising prices caused by shortages.

Stop being so negative peeps.

Don't be groomed.

$12+

 

[Doc]

Ahh the Chinese whispers again ffs

 

[Doc]

100%

I've long ceased seriously considering what I'll do with my profits.

But it's important to note that this thread is now going through one of it's periodic negative and pessimistic times.

Whilst I'm prepared to compromise to get out positively, I am not prepared to crumble based on the ASX shenanigans last week.

Also, we are discussing the possible AVZ share of manono.
If, for example, we finish with 51% of both CDL & RD then I really don't think that $12 is unrealistic in 3-5 years with increases of production due to rising prices caused by shortages.

Stop being so negative peeps.

Don't be groomed.

$12+

My thoughts are it would be naive to think the Chinese just want 15% and then they’ll play happily. They see blood in the water. They want this whole fucking thing and will stoop to anything to get just that. The pricks
I’ve been critical of the BoD but to be honest for 11+ months it’s been our BoD vs China and I think to still be in the fight they’ve done well. We might even come out if it with our pants on, just maybe…..