AVZ Discussion 2022

[TDITD]

@Carlos Danger I agree with your view. There could be undercurrents that is not obvious to general shareholders.
Two things I was worried about: First is the EGM, but that didn't materialise. Those three guys couldn't garner 5% shouldn't be trivialised. The most important thing is when the shareholders vote and that is when the people inside the trojen horse come out and hit us.
Second thing is the percentage of votes. If you look at the previous voting history, only about 30% of votes were casted. The top 20/50 and the unhappy shareholders are going to vote and they can surely sway the decision. Some of the top 20 appears to be with the BoD, but what happens if their hands get twisted. The mum and dad investors with a happy feeling may not vote at all. I see the shareholder apathy towards voting is the biggest issue.
I will vote and I will also ask my friends to vote, come November. Those three are out to steel my money. And yours.
@Carlos Danger, my respect to you. You always think differently.

They may have a good % already but wanted to use the AGM instead of EGM as it plays into the uncertainty, it plays into the assertion they don't have enough. Shame the German had a strop and dumped his shares, may have been useful to them at this stage. These guys have never played with a straight bat so im not expecting it now. There will be more shitfuckery no doubt.

An imminent ML would be very much appreciated and surely a fatal if not near-fatal blow to the scum

 

[Carlos Danger]

MMGA have nominated some of not just Australia's but the world's greatest directors. This is creme de la creme. Iggy Tans going on about he has the lithium dream team, haha he has nothing on MMGA, the if the biggest names in mining. The vast experience just speaks for itself, well ok then um, what about the fact it seems PH was booted from the company by SH, ah, um, well, fuck

They know words. They have the best words.

 

[TDITD]

View attachment 44376

What we do need to be explicitly sure of prior to the AGM is "how" the chair intends to vote on these matters

Wouldn't want to get caught with your pants down....

I dunno it depends who has caught you

 

[TDITD]

I may have missed it if it's been decided but is today 0 or -1 ?

 

[Doc]

I may have missed it if it's been decided but is today 0 or -1 ?

-2

 

[Pokok]

View attachment 44376

What we do need to be explicitly sure of prior to the AGM is "how" the chair intends to vote on these matters

Wouldn't want to get caught with your pants down....

I got caught with my pants down in Kings Cross late 70ties , and then I was in court 19 and stupid , now all I want is my money as my bank account is fucked , 3 kids and 3 ex blood sucking leaches , and I got the kids ,

 

[Winenut]

I dunno it depends who has caught you

Keep me out of your fantasies....

 

[Remark]

I got caught with my pants down in Kings Cross late 70ties , and then I was in court 19 and stupid , now all I want is my money as my bank account is fucked , 3 kids and 3 ex blood sucking leaches , and I got the kids ,

Were you selling or buying?

 

[Pokok]

Were you selling or buying?

Drunk as but the brothel owner kicked us out

 

[MoneyBags1348]

Drunk as but the brothel owner kicked us out

You must have been really drunk, it’s not often the brothel owners kick out their workers

 

[cruiser51]

https://www.asx.com.au/documents/rules/Chapter14.pdf

To take any doubt away, I vote against the clowns.

Fuk PH, his disciples, Klaus, Cong, Zijin, Dathomir, Cominiere, 7sur7, etc, etc.

 

[Retrobyte]

Were you selling or buying?

renting

 

[Remark]

Drunk as but the brothel owner kicked us out

So definitely no performance shares issued

 

[grassseeds]

I believe that many shareholders are underestimating the attempt by Hulich etc to get on AVZ Board. I see it as a major concern. I raised the issue directly with AVZ 12 months ago ( i also discussed it after the AGM ) and expressed my concern about the large Chinese shareholding. My concern was the effect it would have on Board positions if they nominated for Director positions and combined their shareholding. We know that they have over 20% shareholding but they may have a number of other smaller shareholders lifting the combined holdings to close to 30%. As some others have stated Hulich etc i believe is a trojan horse acting for the Chinese shareholders. If you look at what percentage of voting shareholders you need to get control of a company the number could be as low as 30% and generally less than 50%. At the last AGM only about 39% of all shareholders voted. We don't know the breakup. To counteract the possible Chinese block voting we probably need at least 30% of Institutional and retail shareholders to vote for the current board. Note only votes that are submitted to the AGM resolutions can be counted. It would appear that AVZ will need some positive news before the AGM to counteract the Hulich etc attempt to get on the board. The only other alternative is for AVZ to get a new shareholder to invest and have their vote supporting the current board.

We are getting to the pointy end of this saga and hopefully, long term retail shareholders are not shafted.

 

[Winenut]

Everyone should get their head around section 14 of the Constitution (from page 36) and absolutely make sure we do not let ANY of the slimy fuckers involved with the thieving and corrupt MMGA movement achieve a position on the Board of AVZ Minerals

https://static1.squarespace.com/sta...2/AVZ+Proposed+Constitution+November+2019.pdf

MMGA are a desperate collection of individuals who have their own financial agenda for Manono that does NOT include you
MMGA do not act in the interests of LT AVZ holders
MMGA want to steal Manono and flog it for peanuts
MMGA is aligned with corruption and nefarious business practices
MMGA is veiled in secrecy and its backers are largely unknown
MMGA want your money and do not care how they get it
MMGA and their activities can cause you substantial financial harm

 

[Deleted member 2378]

I’ve been here since we first went into suspension supporting AVZ and all genuine shareholders. I knew you were a fuckwit and your posts were rubbish when you first started posting here dick licker.

You and your mate from the crapper just let me know if you plan on going to a Sydney roadshow and we’ll see who the pussy’s are fuckwit.

If we get out of this shit in a positive way I hereby officially challenge you to a fight. You can choose in normal boxing, kickboxing or a mma fight. I prefer a mma fight, it’s your chance to show your skills.

We rent a hall with a ring and a referee and turn it into a shareholder event. The proceeds will be donated to Manono folks. Every shareholder can come and the bod of course too.

Later we can decide if we make a rematch in the country of the other one. If we don’t get out of it positive, my challenge still stands but you have to pay the cost because unfortunately I don’t have the money for it in that case.

Do you accept?

 

[John25]

If we get out of this shit in a positive way I hereby officially challenge you to a fight. You can choose in normal boxing, kickboxing or a mma fight. I prefer a mma fight, it’s your chance to show your skills.

We rent a hall with a ring and a referee and turn it into a shareholder event. The proceeds will be donated to Manono folks. Every shareholder can come and the bod of course too.

Later we can decide if we make a rematch in the country of the other one. If we don’t get out of it positive, my challenge still stands but you have to pay the cost because unfortunately I don’t have the money for it in that case.

Do you accept?

 

[Mr Inappropriate]

If we get out of this shit in a positive way I hereby officially challenge you to a fight. You can choose in normal boxing, kickboxing or a mma fight. I prefer a mma fight, it’s your chance to show your skills.

We rent a hall with a ring and a referee and turn it into a shareholder event. The proceeds will be donated to Manono folks. Every shareholder can come and the bod of course too.

Later we can decide if we make a rematch in the country of the other one. If we don’t get out of it positive, my challenge still stands but you have to pay the cost because unfortunately I don’t have the money for it in that case.

Do you accept?

 

[Xerof]

this happens for every GM for any company on ASX... those that dont vote or appoint a proxy are allocated at the chair's discretion... so we don't have to fear those that forget or can't be bothered...

Ok, I've taken on board what you and retro have posted and I think what you say is misleading. Bear with me, I'm no expert

The Chair only picks up undirected votes in certain circumstances, as you have shown in a later post, but it's a minimal number usually, based on all those conditions in Section 250BC

My position on this is (and I have voted ASX meetings by proxy for yonks, and have rallied shareholders to make sure they appoint proxies) you MUST complete your proxy if you don't intend voting at the meeting. By proxy, you can appoint anyone, or the Chair and you can direct that person how you wish to vote, OR NOT.

My main point is if you do nothing prior to the meeting to appoint a proxy, whether directed or undirected, then you aren't having your say

Typically only 30% of eligible votes are made on resolutions, so IMO, we may need to marshall the troops

If these clowns can marshall 30% of shares in their favour, we will need to rally the troops to lodge proxies, with direction (as @cruiser51 says) to make sure of retaining the best board on the ASX, if it gets to being on the agenda

In your example from last years meeting, tell me where the other 2 billion votes went - they are certainly not all excluded by conflict of interest - they just didn't vote at the meeting or didn't appoint proxies

Proxy discretion is where voters appoint chair or someone else, with no direction on how they will vote, thereby leaving it to the proxy.

This may be fucking important

-2

 

[Bin59]

.

Everyone should get their head around section 14 of the Constitution (from page 36) and absolutely make sure we do not let ANY of the slimy fuckers involved with the thieving and corrupt MMGA movement achieve a position on the Board of AVZ Minerals

https://static1.squarespace.com/sta...2/AVZ+Proposed+Constitution+November+2019.pdf

MMGA are a desperate collection of individuals who have their own financial agenda for Manono that does NOT include you
MMGA do not act in the interests of LT AVZ holders
MMGA want to steal Manono and flog it for peanuts
MMGA is aligned with corruption and nefarious business practices
MMGA is veiled in secrecy and its backers are largely unknown
MMGA want your money and do not care how they get it
MMGA and their activities can cause you substantial financial harm

CORPORATIONS ACT 2001 - SECT 182 Use of position--civil obligations

classic.austlii.edu.au

Agree with the items you listed Winenut, imo the nominees for directors wouldn’t be fit to be directors of AVZ based on 1(a) & 1(b) alone.