Please excuse my ignorance but how long can you theoretically suspend trade for? ThanksSay 18 months for litigation.
Lift suspension around the time production commences.
ALL GOOD.
10 bags from here
All those shorters will continue to pay holding / borrowing fees.
How longs a piece of string ?Please excuse my ignorance but how long can you theoretically suspend trade for? Thanks
Someone's keen at .795 - if it's genuine??
"Between the stirrup and the ground, mercy sought & mercy found...."
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Indeed. Bids and offers are purged prior to the lifting of TH/ suspension.I guess that will all be washed if the TH is lifted tomorrow anyway.
Haven't we already seen their true colours? Z in, X out
Exactly, I'm not saying I'm a big fan of it either but maybe we can turn it to our advantage? AVZ has GOOD LEGAL TITLE so:Of course there are other sources, Im just trying to find a balance among all this bs, we dont want this dragging out in court. Having them on board right now as opposed to this dragging on for 12-18months could be a difference of $1.50sp in in a year or $3. Zijin wont eff around when it comes to expansion, I reckon they'd have us at 10mtpa abt 12 months prior to we would without them(bearing in mind cash, knowledge, connections in the country, etc). I just cbf seeing this drag out in court....get on with the bloody show and make us some money lol
As Disco said maybe there are other ways to negotiate a percentage with them and teh DRC gov more on our terms and at a proper price not at a crazy discount of $33m for 15%, but pls crack the whip ppl, we just got our ML and we're meant to be hitting the top shelf
YupIndeed. Bids and offers are purged prior to the lifting of TH/ suspension.
The people dealing in those sorts of numbers are well aware of that and are just planting seeds in peeps heads.
2 years maximumPlease excuse my ignorance but how long can you theoretically suspend trade for? Thanks
They seem quite predatory and let's face it, they are very experienced so wouldn't you want to run the whole show and take more if the profit? They would just need another 5% to make it happenwhy would you say that?
Of course there are other sources, Im just trying to find a balance among all this bs, we dont want this dragging out in court. Having them on board right now as opposed to this dragging on for 12-18months could be a difference of $1.50sp in in a year or $3. Zijin wont eff around when it comes to expansion, I reckon they'd have us at 10mtpa abt 12 months prior to we would without them(bearing in mind cash, knowledge, connections in the country, etc). I just cbf seeing this drag out in court....get on with the bloody show and make us some money lol
As Disco said maybe there are other ways to negotiate a percentage with them and teh DRC gov more on our terms and at a proper price not at a crazy discount of $33m for 15%, but pls crack the whip ppl, we just got our ML and we're meant to be hitting the top shelf
I understand the arguments absolutelyExactly, I'm not saying I'm a big fan of it either but maybe we can turn it to our advantage? AVZ has GOOD LEGAL TITLE so:
Hey Zin and Jin, we take you through the courts and you end up with absolute zero and some legal fees, loss of faith from DRC government, bad press and maybe even some jail time for some dodgy people.
Or: You pay a large amount of money for 5-10% ownership, you finance AVZ's share for a very good interest rate and build the mine. And maybe we don't take this to court... Now here is a 5000 page nuclear weapon proof contract you must sign within 10 days...
Not saying its possible but if it is you make them pay for the privilege of not going to prison.
Hey Xerof, I would rather wait until an announcement before bothering people about certain things. They would be quite busy at the moment. Lets all see what announcements come out. So much guessing is going on, which is a waste of energy in my opinion. We will know where we are at very soon.I'll ask it in here, coz maybe @Misfits could pass on the question in due course via his tin can and string connection:
Dathomir were awarded 240 million shares, 12.71%, and Guy Loanda 40 million as payment for the initial 60% of DATHCOM.
They disappeared off the register as a SSH sometime during 2019/2020, without disclosure of any deductions of 1%, let alone down to below 5%
Does AVZ know where they went? - (I'm hoping it's not into the many hands of the 'I love Zijin society')
Unfortunately, this is the way these guys operate - NKP is a perfect example of sleaze dealing at its best, eh Misfits........
Sure, in due course was my expectation. I'm just trying to 'logic' out the moves made in 2019/20 by these various parties - Yibin, who tried for 14%, for example, could be aligned with Z, as could Hayou. Did the FIRB announcement cause them to alter course and look to attack us via DATHCOM, seeing the direct route was closed?Hey Xerof, I would rather wait until an announcement before bothering people about certain things. They would be quite busy at the moment. Lets all see what announcements come out. So much guessing is going on, which is a waste of energy in my opinion. We will know where we are at very soon.
Exactly mate. Stop trying to make sense of putin-level bulls%T. You will do your head in going down useless rabbit-holes.Sure, in due course was my expectation. I'm just trying to 'logic' out the moves made in 2019/20 by these various parties - Yibin, who tried for 14%, for example, could be aligned with Z, as could Hayou. Did the FIRB announcement cause them to alter course and look to attack us via DATHCOM, seeing the direct route was closed?
I do wonder if CATH(L) is aligned too. Nigel and co need to be on their toes, trusting nothing and no-one. So, has Cong passed his 240million shares on to these guys in some form? worth checking if you ask me, given these recent developments
I'd be putting CATH on ice for a bit personally
Fuck, I'm sounding like der geist
It is in CATH(L)'s best interests to co-operate as they need the long term supply. If they shoot themselves in the foot here and lose the 24% that will be damaging to them. Also don't forget that Felix has been on the ringer to CATH discussing first hand.Sure, in due course was my expectation. I'm just trying to 'logic' out the moves made in 2019/20 by these various parties - Yibin, who tried for 14%, for example, could be aligned with Z, as could Hayou. Did the FIRB announcement cause them to alter course and look to attack us via DATHCOM, seeing the direct route was closed?
I do wonder if CATH(L) is aligned too. Nigel and co need to be on their toes, trusting nothing and no-one. So, has Cong passed his 240million shares on to these guys in some form? worth checking if you ask me, given these recent developments
I'd be putting CATH on ice for a bit personally
Fuck, I'm sounding like der geist