AVZ Discussion 2022

[j.l]

Hang on, didn't AVZ just win this ruling in the ICC - "restraining Cominière from taking any actions with regards to its purported termination of the Dathcom Joint Venture Agreement (Dathcom JVA)." How can the ICC restrain them one week and then engage in this case the following week? My head hurts!

It says something about ICC process when a claim can be made by a claimant who is currently under restraint.

Presumably there's some kind of form to be submitted when initiating an action through the ICC. You'd think a simple check box on the form "Is the claimant currently subject to an ICC restraint?" would easily kill off spurious action like this.

But hey, I'm a simple man...

 

[Carlos Danger]

ICC has become the new twitter

Anyone who says Cominiere SA or Congolese don’t value the International jurisdiction of the ICC Paris for Congo (Kin) will have to explain the current combined action of Cominiere as spurious

That argument was always idiotic considering Zijin initiated the first ICC case to have AVZ recognise them in Dathcom

 

[MoneyBags1348]

I meant pissed off mate, but I suspect you knew that.

Have a background ( at a fairly low level) of analysing people's motives in a number of situation types.
Was very good at it. Good enuff to jack it in cos I didn't like my conclusions.

Anyway, I'll stop there before I become Der Geist; suffice to say I've called him out.

BTW
Like you a lot
Abrasive character, with a history, just like me, that you have shared.
Respect you for that.

Look forward to meeting you.

Abrasive I thought I just stated the obvious!! Nice to have a little chat with genuine people here pt

Now as @cruiser51 suggests, it’s time to get back on topic…. And hopefully shareholder’s here can spot the trolls 🧌

 

[Dijon101]

I literally have no idea how Zijin are claiming any damages??

they buy 15% for $33 million (apparently illegally)
claim $800 odd damages..

for what ? lost income? hardship?

Zijin have literally done NOTHING except come in last minute and collude with corrupt actors.
No core samples, no feasibility studies, nothing.

Amazing return on investment in 12 months for doing absolutely nothing

Only thing I can think of is they are claiming on future lost income as Cominiere and Zijin are loosing both their 10% and 15% respectively.

FUCK THEM!

 

[cruiser51]

Abrasive I thought I just stated the obvious!! Nice to have a little chat with genuine people here pt

Now as @cruiser51 suggests, it’s time to get back on topic…. And hopefully shareholder’s here can spot the trolls 🧌

You don't have to be Einstein to recognise the thin skinned wankers

 

[cruiser51]

I literally have no idea how Zijin are claiming any damages??

they buy 15% for $33 million (apparently illegally)
claim $800 odd damages..

for what ? lost income? hardship?

Zijin have literally done NOTHING except come in last minute and collude with corrupt actors.
No core samples, no feasibility studies, nothing.

Amazing return on investment in 12 months for doing absolutely nothing

Only thing I can think of is they are claiming on future lost income as Cominiere and Zijin are loosing both their 10% and 15% respectively.

FUCK THEM!

Mate I got very recently moderated for less swearing than that, welcome to the new TSE

 

[Azzler]

Bhags as you suspect if he is Der Les, then, credit where credit is due: he did discover what was right under all our nose hairs: further evidence of fraudulent misconduct by Boatman or source and the Australian Financial Review willing to endorse and publish based on Bostman’s uploaded documents despite the tampering that they as professionals should have detected from their source.

I do not see any usurping. I think you are just holding a grudge. Can you leave it be so we can focus on the important stuff

Discoverd?
Or given information directly from Z because AVZ dismissed their claim.
They needed someone on the "inside" to stir concern, to get people worried.
Ahh then they have their so called "informer" in place.

It was also incredibly obvious and common knowledge that boatman and Tommy were acting fraudulently for personal gain.
He uncovered nothing, but it was a good excuse to look like you're on team AVZ. Investigate something on our detractors that in the end ammounts to nothing.

 

[Carlos Danger]

$5.66B USD valuation according to their (presumably) incorrect or overinflated figures.
~$8.5B AUD equivalent.

They are welcome to buy us for that.

$8.5B AUD x AVZ 75% legal ownership of Dathcom = $6.375B AUD

$6.375B AUD ÷ 3.52B AVZ SOI = $1.81 AUD per share

Not too far off my 1.88 prediction haha

 

[Misfits]

$8.5B AUD x AVZ 75% legal ownership of Dathcom = $6.375B AUD

$6.375B AUD ÷ 3.52B AVZ SOI = $1.81 AUD per share

Not too far off my 1.88 prediction haha

View attachment 36471

 

[Thaz]

Thank you zijijn.

You have now valued the Company, while it is in trading halt, at a premium of more than 2x times its last traded share price. And i would imagine that this value is still undercooked/at a discount.

I think for those holding it in an SMSF, this would potentially do nicely in valuing the shares?

 

[Der Geist]

Discoverd?
Or given information directly from Z because AVZ dismissed their claim.
They needed someone on the "inside" to stir concern, to get people worried.
Ahh then they have their so called "informer" in place.

It was also incredibly obvious and common knowledge that boatman and Tommy were acting fraudulently for personal gain.
He uncovered nothing, but it was a good excuse to look like you're on team AVZ. Investigate something on our detractors that in the end ammounts to nothing.

There are ramifications for the AFR

And this retired lawyer doesn’t agree with you.

 

[TheCount]

Thank you zijijn.

You have now valued the Company, while it is in trading halt, at a premium of more than 2x times its last traded share price. And i would imagine that this value is still undercooked/at a discount.

I think for those holding it in an SMSF, this would potentially do nicely in valuing the shares?

Until the raging Communist lefties start taxing unrealised gains!!

Imagine being in suspension - copping an added tax - and being unable to realise any profits..... Labor has to be stopped.

TC.

 

[Azzler]

Lovely morning in Melbourne today, I had much to think about when out on my walk.

Please indulge another post of mine just thinking out loud.

We're collectively being sued for damages, but what damages? It's not mentioned in the announcement.
IF AVZ have been removed as claimed by CKK, then what is there to sue?
Why have AVZ pointed out the fact that the claimed amounts add up to Z and Coms claimed ownership in a valuation of the company at $5.66B?

I can't help but think (ever the optimist) that AVZ have secured Manono and Com and Z are out. But it can not yet be announced, finalizing stages ect...
So Com and Z are sueing for their claimed ownership valuations.

AVZ have to anounce the ICC request, but can't yet announce the win for Manono, so this is what we get.

Why would AVZ mention this specifically...

"it appears on face value that the
amount of the damages claims is based on Jin Cheng holding a 15% interest
and Cominière a 10% interest in Dathcom, thus suggesting that the Claimants
are valuing the entirety of the Manono Project at US$5.66 billion"

To the optimist, this looks like a wink.
Why would they make this particular observation in an official announcement?
To me they're telling us they want to be payed out.... which means we might have won.

Gods I don't know, I'm just thinking out loud. There's missing information about this ICC request announcement.

Am I utterly crazy thinking this?

 

[cruiser51]

There are ramifications for the AFR

And this retired lawyer doesn’t agree with you.

 

[Azzler]

There are ramifications for the AFR

And this retired lawyer doesn’t agree with you.

Oh I agree.
But that won't have any outcome on determining the success or failure of AVZ.
Neither side gives a shit what happens to the AFR.

 

[Carlos Danger]

Until the raging Communist lefties start taxing unrealised gains!!

Imagine being in suspension - copping an added tax - and being unable to realise any profits..... Labor has to be stopped.

TC.

Amen

Wealth taxes don't work in the real world

Suggesting people can just take out loans to cover this sort of situation is batshit insane

 

[Azzler]

Amen

Wealth taxes don't work in the real world

Suggesting people can just take out loans to cover this sort of situation is batshit insane

Hmm Pretty sure no one serious has ever proposed taxing unrealised gains?

 

[geo_au]

Hang on, didn't AVZ just win this ruling in the ICC - "restraining Cominière from taking any actions with regards to its purported termination of the Dathcom Joint Venture Agreement (Dathcom JVA)." How can the ICC restrain them one week and then engage in this case the following week? My head hurts!

It's called tit for tat or desperation if you like.

 

[TheCount]

Hmm Pretty sure no one serious has ever proposed taxing unrealised gains?

Sorry, wrong answer.

Its coming..........