AVZ Discussion 2022

[Retrobyte]

If it's an asset sale of RD and CDL that brings a truckload of cash into the coffers, having gazillions in the bank won't help us resume trading, since not having an asset means we'd need to find another reason for being in operation, and would need to go through that process with the ASX, including potentially a prospectus, once we find something to spend all that money on - unless there's another lithium exploration project we can buy into quickly.

 

[Sparrowhawk12]

Hi TSE Brains Trust, Please help / advise.

I'm old but a newbie when it comes to Shares. 1st bought AVZ in Dec-2020 & bought last parcel in ~Aug-2021, approx 9 months before the TH.

Assuming the "Big +ve Ann" includes a CGT component (return of capital, or ML + Trade or ...???) , will I still get the 50% CGT discount on the last parcel of AVZ I bought? Or, is the 14+ months in TH not included in the "12 months owning the asset" to get the CGT discount?

Thanks in advance. GLTAH. Br Sparrowhawk12

 

[j.l]

If it's an asset sale of RD and CDL that brings a truckload of cash into the coffers, having gazillions in the bank won't help us resume trading, since not having an asset means we'd need to find another reason for being in operation, and would need to go through that process with the ASX, including potentially a prospectus, once we find something to spend all that money on - unless there's another lithium exploration project we can buy into quickly.

Steady on, you're giving me WFE flashbacks

 

[Azzler]

Hi TSE Brains Trust, Please help / advise.

I'm old but a newbie when it comes to Shares. 1st bought AVZ in Dec-2020 & bought last parcel in ~Aug-2021, approx 9 months before the TH.

Assuming the "Big +ve Ann" includes a CGT component (return of capital, or ML + Trade or ...???) , will I still get the 50% CGT discount on the last parcel of AVZ I bought? Or, is the 14+ months in TH not included in the "12 months owning the asset" to get the CGT discount?

Thanks in advance. GLTAH. Br Sparrowhawk12

Yes you'll get the discount mate. Measured 12 months from date of purchase (if options, from date of conversion), regardless of whatever was going on with it.

 

[Nellie17]

Very interesting, Austroid Australia, local subsidiary of US BASED Austroid, but has a chinese director was rejected by the FIRB to take over Alita.

Hmmm, looks like any coy with China links, is a red flag for the FIRB.....regardless whether it has a base in the US or not

I applaud the decision, Austroid Australia should also be stripped of the Bald hill lithium / tantalum mine too !!

So what implications does this mean for a potential TO of AVZ ?

I mean, Alita has only a pissant 26m / tonne at a lowly grade of 1%, AVZ has potentially 1.5b tonne++ tonnes @ 1.6% ( RD & CDL )

Hmmm, lots of folk talking about TO on this forum, with crazy prices quoted, just think everyone needs to brace themselves for what reality could really look like.....

Cant imagine Australian govt / FIRB is going to allow Manono to fall into Chinas hand in any capacity and they will have the US looking over their shoulder in any event....

If any smart cookie can provide links as to how a TO by the chinese can happen via loop holes such as control of Dathcom or sale of asset then i am all ears, cause i have tried searching and have come up with ......

View attachment 40560

The only avenue that I see a TO of AVZ / DATHCOM is via US / Europe, but is that really realistic given the strategic nature of the DRC relationship with China ?


With that in mind, i only see OPTION B as the likely occurance with the chinese whispers that are spreading around....

View attachment 40561

Hey Beish,

Haven't really been keeping abreast of all things over the weekend, as I've been moving house. Catching up a bit more this afternoon and late last night, all of a sudden I'm reading that we are selling our assets and everyone is concerned with what taxes they might to pay!
Firstly imo, if this rumour started with the tweet from CKK (Cominiere) about us selling our tenements, I personally wouldn't take it's worth for a grain of salt! The guy is a total nut job and he knows he's fucked!
In my opinion, and I'm hoping, Cominere probably won't even be in existence in the very near future!
Really not sure whether Azzlers info is correct or not, as apparently over the last six weeks, things (outcomes) have changed numerous times, so who knows we're are currently at.
All should be revealed soon, but imo, we will be going mining!
Have a great week everyone,

Cheers,
Nells

 

[Azzler]

Hey Beish,

Haven't really been keeping abreast of all things over the weekend, as I've been moving house. Catching up a bit more this afternoon and late last night, all of a sudden I'm reading that we are selling our assets and everyone is concerned with what taxes they might to pay!
Firstly imo, if this rumour started with the tweet from CKK (Cominiere) about us selling our tenements, I personally wouldn't take it's worth for a grain of salt! The guy is a total nut job and he knows he's fucked!
In my opinion, and I'm hoping, Cominere probably won't even be in existence in the very near future!
Really not sure whether Azzlers info is correct or not, as apparently over the last six weeks, things (outcomes) have changed numerous times, so who knows we're are currently at.
All should be revealed soon, but imo, we will be going mining!
Have a great week everyone,

Cheers,
Nells

I kept hearing conflicting outcomes over the last few weeks too.
Indeed Comminiere's comments on Twitter (I think it's that Mice guy, not CKK directly), are to be taken with much contempt, they're liers and thieves after all.
But from what I had heard (deal is done) along with other very recent revalations (Zijin, split and certain people in country) followed by Com stating AVZ sold 3 tenaments, along with other murmers... well fuck it, it looks like it actually happened.

I'm hoping we see an announcement soon in regards to this.
It's all from whispers, if it wasn't, it would be announced.

P.S. "Deal Done" did not stipulate any details (sold or mining), the "all sold" is from deductions.

 

[Nellie17]

I kept hearing conflicting outcomes over the last few weeks too.
Indeed Comminiere's comments on Twitter (I think it's that Mice guy, not CKK directly), are to be taken with much contempt, they're liers and thieves after all.
But from what I had heard (deal is done) along with other very recent revalations (Zijin, split and certain people in country) followed by Com stating AVZ sold 3 tenaments, along with other murmers... well fuck it, it looks like it actually happened.

I'm hoping we see an announcement soon in regards to this.
It's all from whispers, if it wasn't, it would be announced.

P.S. "Deal Done" did not stipulate any details (sold or mining), the "all sold" is from deductions.

Hi Azzler,

I like your, P.S "Deal Done!'

From what I'm hearing from various sources is, - we should be hearing news soon! (Shit..., I think I've said that before )
I'm very much looking forward to the day that I have a choice of what direction I want to take with avz, whether that is, sell some, sell all, or as Jay Trotter said "Let it Ride!!!"

Cheers,
Nells

 

[Carlos Danger]

With all the rumours flying around it's important to remember that if information isn't from the official announcement region of the ASX then it's just sparkling bullshit

 

[JNRB]

Hi Azzler,

I like your, P.S "Deal Done!'

From what I'm hearing from various sources is, - we should be hearing news soon! (Shit..., I think I've said that before )
I'm very much looking forward to the day that I have a choice of what direction I want to take with avz, whether that is, sell some, sell all, or as Jay Trotter said "Let it Ride!!!"

Cheers,
Nells

It's been a while since we had something due to be announced "imminently"

 

[Dijon101]

With all the rumours flying around it's important to remember that if information isn't from the official announcement region of the ASX then it's just sparkling bullshit
View attachment 40568

 

[Charbella]

Hi Azzler,

I like your, P.S "Deal Done!'

From what I'm hearing from various sources is, - we should be hearing news soon! (Shit..., I think I've said that before )
I'm very much looking forward to the day that I have a choice of what direction I want to take with avz, whether that is, sell some, sell all, or as Jay Trotter said "Let it Ride!!!"

Cheers,
Nells

We have heard many times the deal is done, but @Azzler this is the first time it clicked with me. I am confident the deal is closed and closure is reached.

 

[Panther22]

Steady on, you're giving me WFE flashbacks

I was in WFE too. Horrible.

 

[Samus]

We have heard many times the deal is done, but @Azzler this is the first time it clicked with me. I am confident the deal is closed and closure is reached.

 

[BEISHA]

Look at the sale of 24% to CATH for what’s required.

Edit I just checked the Cath proposal and the 24% didn’t request shareholders approval.

Cath proposal was contingent on AVZ receiving the ML...........CKK and his cronies prevented that from happening, so hence share holder approval was not required.............yet.

imo

 

[BEISHA]

What numbers are we hearing long time holders? For the sake of not recalling conversations with taxi drivers is it:
Option A: More than $1.52 but less than $2.
Option V: More than that.
Option Z: $16 and 2 hats?

 

[BEISHA]

Nor me you.

Just sayin’

 

[BEISHA]

Hi Sam,

People need to remember that the Mine has a tangible value with or without the Mining Licence. It would be implied that something being negotiated even without the mining license that the DRC have committed to approving the ML after the deal was done (simply an act of price manipulation) - no one is going to buy a dead asset.

Also keep in mind that AVZ has completed all the compliance/due diligence requirements for the issuance of the Mining License. Hmmmm how much did we spend? Its a walk in the park for the next person.

I honestly believe that AVZ is in a very strong position especially with all the litigation that is currently running. FT would want the litigation to end sooner than later - he wont want adverse findings and compensation rulings against the DRC. Oh and the World Bank has also been dragged into this whole debacle indirectly too.

No one is going to invest in a Battery Hub in the DRC without a solid supply of Lithium.

Large corporations must laugh at the shenanigans of the DRC when they are approached by their Ministers. It would be like a remake of the Benny Hill Show (no disrespect to Benny Hill) or Yes Minister.

SilentOne.- Simply a thought bubble

Without a guaranteed ML in hand ( water tight ), you are simply gambling regards to a TO of a coy, regardless of size of deposit / due diligence requirements etc.............especially so in DRC.

Just imagine spending billions of dollars and Felix or the next president elect tells you to FUCK OFF !!.........

There would have to be a contingency in the agreement that TO is only possible following approval of ML, or deal is null and void.

imo

 

[Nellie17]

Without a guaranteed ML in hand ( water tight ), you are simply gambling regards to a TO of a coy, regardless of size of deposit / due diligence requirements etc.............especially so in DRC.

Just imagine spending billions of dollars and Felix or the next president elect tells you to FUCK OFF !!.........

There would have to be a contingency in the agreement that TO is only possible following approval of ML, or deal is null and void.

imo

In my opinion - the only thing without the ML, is court cases and who the fuck knows of how long the decisions of the court would take!
We need that MINING LICENCE before anything can move forward!

Cheers

 

[BEISHA]

Hey Beish,

Haven't really been keeping abreast of all things over the weekend, as I've been moving house. Catching up a bit more this afternoon and late last night, all of a sudden I'm reading that we are selling our assets and everyone is concerned with what taxes they might to pay!
Firstly imo, if this rumour started with the tweet from CKK (Cominiere) about us selling our tenements, I personally wouldn't take it's worth for a grain of salt! The guy is a total nut job and he knows he's fucked!
In my opinion, and I'm hoping, Cominere probably won't even be in existence in the very near future!
Really not sure whether Azzlers info is correct or not, as apparently over the last six weeks, things (outcomes) have changed numerous times, so who knows we're are currently at.
All should be revealed soon, but imo, we will be going mining!
Have a great week everyone,

Cheers,
Nells

Yes Nellie, i think " going to mining " is the only option that makes sense, given i believe a TO is very unlikely unless it involves a gringo, now if that is the case, then a lot of sweetners have to be added to the official announcement if AVZ is going to get a kick up on opening and burn the shorters , cause as you can get the vibe on this forum , plenty of posters looking to get out............so updated DFS release and / or FID, BFS etc need to come out to provide a bit of confidence to the bulls that no more of the shit we have had to endure in the last 14 months happens again......

Until then, everything implied / whispered / we chatted is still just noise for me.


imo

 

[Samus]

Without a guaranteed ML in hand ( water tight ), you are simply gambling regards to a TO of a coy, regardless of size of deposit / due diligence requirements etc.............especially so in DRC.

Just imagine spending billions of dollars and Felix or the next president elect tells you to FUCK OFF !!.........

There would have to be a contingency in the agreement that TO is only possible following approval of ML, or deal is null and void.

imo

Biggest problem we've got are the ownership disputes, if anything is happening it has to be a licence first imo. The rest will take some time.
Of course there is the scenario where everything has been negotiated and worked out in the background but that seems somewhat unlikely.

In my opinion - the only thing without the ML, is court cases and who the fuck knows of how long the decisions of the court would take!
We need that MINING LICENCE before anything can move forward!

Cheers

Beat me to it but I agree.