AVZ Discussion 2022

[Winenut]

What the heck is going on?
Now he's a pro zijin Chinese woman?

OMG!!! You mean there’s possibly another Trading Tranny!?

 

[Sammy_da_Smile]

Wasn’t there an announcement on Zijin’s website in relation to the 15%? Maybe I’m missing something but I can’t find anything about it now… not jumping to conclusions, maybe it was somewhere else?

 

[Winenut]

Could be a bit of an anticlimax tomorrow with an expected extension to the suspension. The only real intrigue might come with any commentary AVZ might choose to put around it….if any at all?

 

[DiscoDanNZ]

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Slippery f'ers. Why haven't they paid the balance? Who is their appointed director?

 

[Sammy_da_Smile]

Slippery f'ers. Why haven't they paid the balance? Who is their appointed director?

Ya mate, was discussed a few weeks ago, maybe they just paid a deposit like avz did to lock in a price? Who knows. Def been on the downlow tho

 

[Deleted member 1612]

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Aah thanks Sammy! Bit of wishful thinking on my part - was looking for a more recent direct reference announcement and had 5 minutes of excitement thinking they may have pulled it to save face because it’s all come tumbling down for them…

 

[Samus]

Ya I know! More drama on there than 'days of our lives'

Wonder of asic media has handed Der the old "do not pass go and collect 200 dollars, head straight to jail" card lol

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Is there a translation of that floating around?

 

[BRICK]

Happy Thursday..........

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Im in love with Thursday

 

[DiscoDanNZ]

Ya mate, was discussed a few weeks ago, they they just paid a deposit like avz did to lock in a price? Who knows. Def been on the download tho

Yeah I know, just rubs me and I'm sure everyone else here more than Clive Palmer's chin's appearing on my TV.

Could be a bit of an anticlimax tomorrow with an expected extension to the suspension. The only real intrigue might come with any commentary AVZ might choose to put around it….if any at all?

Hoping so. Doesn't make watching the market any fun though...

Sea of red today but looks like very low volume and not too many huge drops across the board.

 

[Winenut]

Yeah I know, just rubs me and I'm sure everyone else here more than Clive Palmer's chin's appearing on my TV.



Hoping so. Doesn't make watching the market any fun though...

Sea of red today but looks like very low volume and not too many huge drops across the board.

Bit of a sell off in general in the closing auction I thought but might just be my specific portfolio

 

[Sammy_da_Smile]

Yeah I know, just rubs me and I'm sure everyone else here more than Clive Palmer's chin's appearing on my TV.



Hoping so. Doesn't make watching the market any fun though...

Sea of red today but looks like very low volume and not too many huge drops across the board.

Hahah so sick of those ads mate

 

[Sammy_da_Smile]

Is there a translation of that floating around?

Hmm I think there was, it was from a suspect article. I'll see if I can find it

 

[JAG]

Im in love with Thursday

Wait till ya see Friday

 

[DiscoDanNZ]

Bit of a sell off in general in the closing auction I thought but might just be my specific portfolio

My worst performer was DBO -8.6% but I got those for free from HWK/AZL and not many so not too much of a worry for me. Any red day where I beat the ASX200 I'm reasonably happy.

Hahah so sick of those ads mate

There's light at the end of the tunnel come Saturday. I don't think anyone could pick the winner yet though...

 

[Azzler]

Likely I'm being naieve, but after reading endless shit and debate over multiple platforms since the 4th of May, I think the information people are wanting from AVZ, has already been annouced.
Despite all the controvercy, haven't AVZ already told the market something like, 'Nah Zijin are full of shit, and have no legal claim.'?
Do we need to hear any more?

I am faily certain if the calims AVZ have made about ownership percentage, and having first right of refusal on the remaining 15%, if any of that was incorrect, we would have seen that explained how it was incorrect by now, especially with the sea of downrampers that has emerged, they would have dug that up and plasted it in the forums by now.

 

[ptlas]

What is happening on twitter?! Haha

I thought this account was Der aswell.

Is @eastwoolishane a troll? Lol

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Don't follow twatter-full of bollix and haven't been there in ages.
Gotta laugh though, complaining about what AVZ investors post. DESPERATE.

Have to say that I'm more than disappointed in FT and DRC government.
On their anti-corruption watch, this shit was allowed to happen. Surely, before righting wrongs one needs to enforce the rules for the present.
I suspect a power struggle rages, the outcome of which may not be clear cut yet. Fingers X

I believe there was about four months between the dodgy vote and the transfer of shares. Where was NF? and why not call another meeting to reverse the decision? Or did I miss something.
It seems he relied on the law to come to our aid. Where are you FT?

Overall I'm unimpressed, the law is obviously on AVZ's side but will it be enforced and when?

If FT is to right this wrong and get his showcase project our of reverse then he probably has two options:

Push it through the courts PRONTO

or

Issue some sort of Presidential decree.
A little difficult in a 'democracy' where nepotism and favouritism are sworn enemies.

With this in mind, I expect a very slow resolution-but would be delighted to be wrong.

Where this leaves us tomorrow is anyone's guess. We could be awaiting resolution and stay in suspension or come out post ML
But then what? Who would produce the FID?

Either way FT needs to get his finger out. Hobnobbing with Biden and other western leaders will not get him re-elected if it comes to nought financially.

Only imho

BTW @Winenut please don't mention TT it brings on my PTSD

 

[wombat74]

Dont you just love the way Zijin talk in their bs ann abt the 15%.....

Oh we are currently mining in the DRC and benefiting the people with our tax dollars, and oh we hope AVZ comes to terms with us owning 15% as we'd really like to help start building the mine

fuck off you filthy fucks

yeah it makes me livid, and who knows when it will be sorted, but I still stand by my older statement that if Zijins in I wont be selling (gave all the reasons for it), will I be pissed off? hell yes, will I throw away my shares to the worlds best Lithium mine? don't think so, but I may sell a couple depending on the outcome of %'s etc

Either way AVZ have majority stake .So bring on the ML . That will give Zijin a kick in the teeth while we remain in suspension to sort it out .

 

[DiscoDanNZ]

Either way AVZ have majority stake .So bring on the ML . That will give Zijin a kick in the teeth while we remain in suspension to sort it out .

Unfortunately if they do get a leg in I doubt they will be contributing to the locals anywhere near as much as AVZ was preparing to.

 

[Uglybob]

Thanks @BEISHA I've been on the Clobber for a few years, but the S/N ratio gets pretty low most of the time so I don't post much. When your charts disappeared and someone where you went, I decided to check it out. The problem is once everyone starts coming here, _everyone_ starts coming here...

 

[Mr Inappropriate]

Would love to JAG but no can do ..........footy lunch 'commitments' this Saturday
Will be praying for another miracle all day too, nothing to do with North Melbourne either.
Love Disco's idea of national drinky poos at $2!
Highly recommend The Count's bevvies?!. Hic.

Hey, I just wanted to do a shout-out to a fellow North nut. Tough times for us ‘roo fans…