AVZ Discussion 2022

[Tursty]

Another take on it was that the MMGA was set up in a hurry as another (sneaky) way of gathering peoples personal details so they can contact shareholders directly to buy their shares to enable shorters to close their positions prior to us trading again and/or to call an EGM.

I recon this is the most likely scenario. The shorters must be seriously hurting and doing anything and everything they can to get hold of as many shares as possible. This could just be an attempt to get in contact with anyone thats weak enough to let shares go.

Is anyone able to do a quick napkin math exercise on what a short scenario might look like for someone in their shoes? I dont know enough about how it works in the real world. Would they still be paying rent?

 

[FilthyRich2]

Here is a tip for AVZ directors

If they think someone is going to try and stack the next director vote for re-election, they (the existing board) should nominate an independent director (or two) per ASX Guidelines in independent directors and expand the board marginally.

This will take the attention away from the pretenders, if they find someone with good credentials, no one would even consider the pretenders. (and I am excluding existing shareholders from the suggestion, but perhaps I shouldn't, there are a lot of clever people out there invested in AVZ)

Corporate Governance Principles and Recommendations ASX (Extract below)

Independent directors

An independent director is a non-executive director who is not a member of management and who is free of any business or other relationship that could materially interfere with – or could reasonably be perceived to materially interfere with – the independent exercise of their judgement. Relationships which may affect independent status are set out in Box 2.1. Directors considered by the board to be independent should be identified as such in the corporate governance statement in the annual report. The board should state its reasons if it considers a director to be independent, notwithstanding the existence of relationships listed in Box 2.1, and the corporate governance statement should disclose the existence of any such relationships. In this context, it is important for the board to consider materiality thresholds from the perspective of both the company and its directors, and to disclose these.1

Box 2.1:
Relationships affecting independent status12 When determining the independent status of a director the board should consider whether the director:
1. is a substantial shareholder of the company or an officer of, or otherwise associated directly with, a substantial shareholder of the company
2. is employed, or has previously been employed in an executive capacity by the company or another group member, and there has not been a period of at least three years between ceasing such employment and serving on the board
3. has within the last three years been a principal of a material professional adviser or a material consultant to the company or another group member, or an employee materially associated with the service provided
4. is a material supplier or customer of the company or other group member, or an officer of or otherwise associated directly or indirectly with a material supplier or customer
5. has a material contractual relationship with the company or another group member other than as a director

 

[wombat74]

This is the thing that is flickering dark shadows in the back of my mind @Chilla.
Unless they're utterly desperate, why would they make such a sham of a play, with a lame, rushed website, with no Vision statement or Mission Statements.
Just "Vote for us, Trump 4eva!"

I pray they're that useless I truly do, and that this goes absolutely nowhere.

But the more I look at it, and all the wonderful research everyone here has brought to our attention (You're all ledgends!), the more I think that they quite literally, "can't be serious."
Because they might not be.
Perhaps there's something else in play and this is a distraction/focus shift or just stage 1 of unseen and future plays.

Anyway nothing you can do about the things you don't know, and only time will tell.
I just have a sense of creeping dread about it all.

My only projection that settles the nerves is if they had promised to try this play to the DRC Mafia/Zijin/Cong circle, and are just keeping their promise in order to keep favor with them for other/future deals.

Just my musings, time will reveal all, and if the countdownsers are right, none of it means anything anyway, so I'm keeping my fingers crossed!

What they are offering is a better deal for the Chinese and corrupt DRC officals . They will drop all legal proceedings and offer a bigger piece of the pie . . Klaus would know through his contacts what's going on in the DRC . It's an 11th hour desperate attempt to throw a spanner in the works before pen goes to paper. Hold off until the AGM and see if they can spill the BoD . All IMO . I've been reading a lot of crime / spy novels lately .

 

[Mr Inappropriate]

hi azzler,

i wonder if they thought all was lost and this bullshit interruption was a worthwhile throw at the stumps... as in, could it be enough to interrupt/distract the DRC govt and departments... you know, it's all got to be harmonious crap, well, look at avz, the board isn't even settled yada yada...

maybe it was just another attempt to have the ML delayed and AVZ forced to negotiate with cong and cominiere perhaps...

That’s my reading on it.

 

[Doc]

This is the thing that is flickering dark shadows in the back of my mind @Chilla.
Unless they're utterly desperate, why would they make such a sham of a play, with a lame, rushed website, with no Vision statement or Mission Statements.
Just "Vote for us, Trump 4eva!"

I pray they're that useless I truly do, and that this goes absolutely nowhere.

But the more I look at it, and all the wonderful research everyone here has brought to our attention (You're all ledgends!), the more I think that they quite literally, "can't be serious."
Because they might not be.
Perhaps there's something else in play and this is a distraction/focus shift or just stage 1 of unseen and future plays.

Anyway nothing you can do about the things you don't know, and only time will tell.
I just have a sense of creeping dread about it all.

My only projection that settles the nerves is if they had promised to try this play to the DRC Mafia/Zijin/Cong circle, and are just keeping their promise in order to keep favor with them for other/future deals.

Just my musings, time will reveal all, and if the countdownsers are right, none of it means anything anyway, so I'm keeping my fingers crossed!

Could this simply be a ploy to try to force AVZ into a premature announcement where AVZ show their hand before the deal is signed sealed and delivered, so then they can try to undermine??
Who knows.

 

[Xerof]

We should all realise by now that AVZ won’t announce anything until they have something to announce.

IMO, this crap won’t flush anything out, except shit down the toilet, and also IMO these clowns are probably too late

4

 

[cruiser51]

Could this simply be a ploy to try to force AVZ into a premature announcement where AVZ show their hand before the deal is signed sealed and delivered, so then they can try to undermine??
Who knows.

I'll show them both my hands...

 

[TDITD]

Here is a tip for AVZ directors

If they think someone is going to try and stack the next director vote for re-election, they (the existing board) should nominate an independent director (or two) per ASX Guidelines in independent directors and expand the board marginally.

This will take the attention away from the pretenders, if they find someone with good credentials, no one would even consider the pretenders. (and I am excluding existing shareholders from the suggestion, but perhaps I shouldn't, there are a lot of clever people out there invested in AVZ)

Corporate Governance Principles and Recommendations ASX (Extract below)

Independent directors

An independent director is a non-executive director who is not a member of management and who is free of any business or other relationship that could materially interfere with – or could reasonably be perceived to materially interfere with – the independent exercise of their judgement. Relationships which may affect independent status are set out in Box 2.1. Directors considered by the board to be independent should be identified as such in the corporate governance statement in the annual report. The board should state its reasons if it considers a director to be independent, notwithstanding the existence of relationships listed in Box 2.1, and the corporate governance statement should disclose the existence of any such relationships. In this context, it is important for the board to consider materiality thresholds from the perspective of both the company and its directors, and to disclose these.1

Box 2.1:
Relationships affecting independent status12 When determining the independent status of a director the board should consider whether the director:
1. is a substantial shareholder of the company or an officer of, or otherwise associated directly with, a substantial shareholder of the company
2. is employed, or has previously been employed in an executive capacity by the company or another group member, and there has not been a period of at least three years between ceasing such employment and serving on the board
3. has within the last three years been a principal of a material professional adviser or a material consultant to the company or another group member, or an employee materially associated with the service provided
4. is a material supplier or customer of the company or other group member, or an officer of or otherwise associated directly or indirectly with a material supplier or customer
5. has a material contractual relationship with the company or another group member other than as a director

This is very flattering filthyrich, however while I very much appreciate your compliment in thinking of me with your cheeky thinly vieled offer.

I must decline on the grounds that I would not get along well with our many 'friends' in the DRC ministers included who are for want of a better word scum. By not get along I mean adopt scorched earth approach and 'friends' I meant corrupt POS in almost every shadow we care to throw light on.


Edit
A disclaimer in case anyone decides to be a hater, obviously I was being very sarcastic with ol filthy

 

[Samus]

Maybe they noticed that a few of the most prolific posters on Twitter in the pro-AVZ ranks are climate change deniers, Trump fans, and anti vaxxers, so are using a slogan that will appeal to them?

Yeah that place can be like stepping in to the twilight zone tbh, making this whole shitshow all the more fucked up and weirder.

 

[Rediah]

I'll show them both my hands...

No show of hands but say hello to Nigel's little friend.

Here is a tip for AVZ directors

Independent directors

Not sure how nomination works, for me Jag will do simply because we wont get consensus on MB and power of his punches to send these thieves back in their holes.

 

[JAG]

Thanks @Rediah

I would be happy to take a leadership role on the board.

Vote 1 JAG

PS I’m being fucking serious

PPS let’s get this campaign started

 

[JAG]

Thanks @Rediah

I would be happy to take a leadership role on the board.

Vote 1 JAG

PS I’m being fucking serious

PPS let’s get this campaign started

PPPS I would hand back the reins to our current Board as I have full faith in them

 

[Cumquat Cap]

Tell you what Nigel keeps some interesting friends, he should dump his $ajn shares in the most destructive way possible - Klaus is a piece of fucking shit

 

[Nbaz]

PPPS I would hand back the reins to our current Board as I have full faith in them

Has this latest crap affected your countdown Jag? Bare in mind I have no idea what the countdown is for

 

[Hodlandwin69]

Tell you what Nigel keeps some interesting friends, he should dump his $ajn shares in the most destructive way possible - Klaus is a piece of fucking shit

Surely he gifts the shares to AVZ if/when AVZ gets off the ground

 

[TDITD]

Has this latest crap affected your countdown Jag? Bare in mind I have no idea what the countdown is for

It's the countdown for the starting of the countdown to the countdown for the final countdown before the countdown of the countdowns last countdown before the last countdown.........obviously

 

[wombat74]

 

[Shire]

The count down takes us to Saturday so no announcement.

 

[Mr Inappropriate]

The count down takes us to Saturday so no announcement.

You’re no fun.

 

[CHB]

We all know nothing happens in the DRC on weekdays