AVZ Discussion 2022

[Cumquat Cap]

Then they get a strike and these cocksuckas from MMGA get a slice of daylight to get voted in. Not a fucking option, management need to execute now

 

[Hodlandwin69]

They aren't going to do that 2 months out from agm... people will get side tracked and forget etc. I'm sure, should it be required, there will be a concerted effort much closer to agm date...

People are down in the dumps it appears due to no line of sight on what's been happening... we may well have had some good stuff occur in our countdown...but, out of sight means people think nothing transpired... it doesnt have to mean that at all...the wheels may well be in motion... just square fucken wheels...

Yeh, things have happened just like I predicted, however hasn't been revealed yet, just wait till we see the DRC documents with the dates signed!

 

[MoneyBags1348]

Interesting how these new popups with german names start by referring to us shareholders as warriors and finish by saying they just want out

And in the middle suggest the the worlds biggest hard rock lithium project is a non event and AVZ won’t even get a mention at the DRC Battery Metals event

Some shareholders still don’t seem to realise there are those in the DRC that have misled and tried to stall our BOD, it’s now our BOD doing it

 

[Skar]

I consider myself a very pragmatic person... this is why this situation is so frustrating. The asset has a potential crazy ROI if we can navigate to mining. The problem is our management team hasn't been able to execute on their plans in a timely manner, granted they are clearly outgunned and outnumbered, with their hands tied (on what they can/cannot do - bribery and corruption being common in DRC and all).

At the end of the day, I think its a choice to either back our management or let the Chinese steal it... I am not ready to write off my investment just yet given what the asset is. That said, if management cannot convince me they are making progress or if a better management team come up with a better plan (asset sale for at or near ATH), I will vote against this BOD in a heartbeat.

The one criticism I would like addressed at AGM is the perception our management has been completely unwilling to compromise on making a deal.... if we had 50% of our tenement mining now, that would have served my interests much better than 100% of tenement stuck in legal battle (but was that ever even possible - who knows).

EDIT: For now I back management.

 

[wombat74]

I consider myself a very pragmatic person... this is why this situation is so frustrating. The asset has a potential crazy ROI if we can navigate to mining. The problem is our management team hasn't been able to execute on their plans in a timely manner, granted they are clearly outgunned and outnumbered, with their hands tied (on what they can/cannot do - bribery and corruption being common in DRC and all).

At the end of the day, I think its a choice to either back our management or let the Chinese steal it... I am not ready to write off my investment just yet given what the asset is. That said, if management cannot convince me they are making progress or if a better management team come up with a better plan (asset sale for at or near ATH), I will vote against this BOD in a heartbeat.

The one criticism I would like addressed at AGM is the perception our management has been completely unwilling to compromise on making a deal.... if we had 50% of our tenement mining now, that would have served my interests much better than 100% of tenement stuck in legal battle (but was that ever even possible - who knows).

EDIT: For now I back management.

I think what Nigel and his team have done is force the DRC gov to the table . That has taken time . It's also rattled our enemies . This attempted coup is a sign the enemy knows their goose is just about cooked . IMO

 

[Chilla]

The attempt by Jerkoff and Cong to install puppet directors has ZERO chance of success

NONE
NADA
ZIP
ZILCH

Anyone who thinks that changing the Board at this stage wants to walk away from here with exactly the same...None, Nada, Zip, Zilch!

 

[Shire]

I think what Nigel and his team have done is force the DRC gov to the table . That has taken time . It's also rattled our enemies . This attempted coup is a sign the enemy knows their goose is just about cooked . IMO

But if they think they have a way out via PH they'll still stall. Logic doesn't seem to work in DRC.

 

[John25]

M

Interesting how these new popups with german names start by referring to us shareholders as warriors and finish by saying they just want out

And in the middle suggest the the worlds biggest hard rock lithium project is a non event and AVZ won’t even get a mention at the DRC Battery Metals event

Some shareholders still don’t seem to realise there are those in the DRC that have misled and tried to stall our BOD, it’s now our BOD doing it

morning Bags
Answering your Question a few weeks ago ..yes i do workbut the wind is stopping me spraying ..dont think the neighbours be impressed if the spray drifted into their paddocks
What amazes me buddy is the naivety of our MD (not the beagle) Nigel has worked in the DRC for decades as a Geologist and businessman but yet has been blindsided by these corrupt politicians /individuals /Chinese of the DRC ,fuck where did he have his head …in the ground or up his arse even Stevie would’ve seen that …

 

[TDITD]

I consider myself a very pragmatic person... this is why this situation is so frustrating. The asset has a potential crazy ROI if we can navigate to mining. The problem is our management team hasn't been able to execute on their plans in a timely manner, granted they are clearly outgunned and outnumbered, with their hands tied (on what they can/cannot do - bribery and corruption being common in DRC and all).

At the end of the day, I think its a choice to either back our management or let the Chinese steal it... I am not ready to write off my investment just yet given what the asset is. That said, if management cannot convince me they are making progress or if a better management team come up with a better plan (asset sale for at or near ATH), I will vote against this BOD in a heartbeat.

The one criticism I would like addressed at AGM is the perception our management has been completely unwilling to compromise on making a deal.... if we had 50% of our tenement mining now, that would have served my interests much better than 100% of tenement stuck in legal battle (but was that ever even possible - who knows).

EDIT: For now I back management.

Definitely not trying to start a classic social media 'shit-fight' here mate they always suck, good entertainment for the crowd I suppose, BUT always look out for the but, it's always the but

I was indeed with you if not fully onboard with what you were saying right up until you uttered the shocking words 'asset sale for at or near ATH, this is very very far from a pragmatic view or result, its far more representative of a defeatist view leading to a dismal result IMO. Our BOD are on record at the AGMs as saying they will not even take an insulting offer to which you very much clearly described and suggested it is a better plan even, to which I protest. We as shareholders need to have more understanding as to the true value of this project and our company, so as to be able to support the BOD in rebuffing silly offers and support our BOD in face of the MMGA BS, even they would walk a $1.3 AUD offer (which would tell you everything you need to know), it's apparently already been rejected thank god.

I understand we are all suffering and over it, some are financially screwed in various forms of severity and I'm certainly not immune. But to say a better management team with a better plan is selling the asset for or near ATH is IMO utterly ridiculous and totally ignoring where we are at and what the company has achieved via DFS, further drilling to improve our JORC & pit design numbers, BFS, ICC & ICSID near-certainty chances, the sheer potential of the tenement for future expansion let alone the great numbers that the to be announced BFS will churn out for us to calculate an immediate value. This is the spodumene price setter, the market controller. The value in that goes above just the BFS its a strategic price setter ffs. Then look at LTR, this shits on LTR, an yet we can't even muster a sale price above their MC. Please don't devalue this strategic project due to the grind tactics of the Chinese and sell yourself and all other investors short too.

Can SH please stop with the insulting ATH TO BS, its some Stockholm syndrome type shit. BOD aren't having it and neither should you, go look at the DFS, go look at our peers like LTR, look at PLS at $13Bil MC, thats where we could/should be, we are the TOP of the pile, so after slapping yourself, galvanise yourself and get back to supporting yourself and the BOD in getting us the best possible outcome ..... not just any old outcome. The MMGA crew would love to hear such low expectations.

If you feel I'm talking shit and pragmatically speaking this project is only worth $1.3AUD then I suppose we will have ourselves some debatin' to do because that my fellow suffering shareholder I'm not accepting that for a cotton pickin' darn second.

 

[Chilla]

M

morning Bags
Answering your Question a few weeks ago ..yes i do workbut the wind is stopping me spraying ..dont think the neighbours be impressed if the spray drifted into their paddocks
What amazes me buddy is the naivety of our MD (not the beagle) Nigel has worked in the DRC for decades as a Geologist and businessman but yet has been blindsided by these corrupt politicians /individuals /Chinese of the DRC ,fuck where did he have his head …in the ground or up his arse even Stevie would see that
View attachment 44437

With respect, he wasnt blindsided or totally naive, though the actions of the MoP have been startling. He has been batting them back since 2020. This is a listed ASX company that needs to follow rules of Australian public companies, Australian Law, and doing what is lawful under ASIC. That is what the BoD have been doing. To have done otherwise and acted illegally would result in a total loss once ASIC has had its way if that had happened. The timing of Covid and Lockdowns was extremely unfortunate for AVZ and gave Cong, Cominiere and Zijin the opportunity to pass around the brown bags of influence whilst Nige and Co were restricted in their ability to travel easily to and from DRC to represent in person. AVZ by doing the right thing legally is in a strong position...it takes time for the wheels of international justice to arrive at the correct legal destination. AVZ is arriving very soon.

I get that there is a lot of frustration with the lack of information flow....but this is a legal, political and geopolitical fight for control of a very critical mineral that's important and valuable...you dont go broadcasting your strategy and evidence so that the opposition can take it in advance and twist it and use it to their advantage in the court of social media or DRC political circles.

Now is not the time to be showing and airing weakness and despair and infighting....now is the time to be sticking together and supporting the company to prevent the scum of Jerkoff and Cong and Zijin from stealing yours, mine and OUR investment in AVZ and Manono.

 

[Skar]

I think what Nigel and his team have done is force the DRC gov to the table . That has taken time . It's also rattled our enemies . This attempted coup is a sign the enemy knows their goose is just about cooked . IMO

Certainly, time has shown going the legal route was needed but weren't we dragged into international arbitration before we started firing our legal salvos? (I can't remember timeline of events - I know IGF releasing their report kick started things and then minister decree cancelling the ML was last straw).

I also think we wasted a lot of time along the way and have continued very high capital expenditure while in suspension (to the point we are going to cop some serious dilution just to continue operations) - I also think we have been misled (by DRC gov/partners) and management have had to deal with surprises along the way... the details of which have not been fourth coming because of legal disputes (and the culturally "non-transparent" Africa business climate) - so we are left with twitter noise to fill in the silence (if we rely purely on official announcements the question around spending while in suspension really needs answering - we had DFS done.... waiting on ML... why were we spending all that extra?).

 

[John25]

Have work to do LTSH’s …be kind & respectful whilst im away …but no kissing on lips like the Spanish soccer coach
Bags ..keep an eye on those pesky German fuckers

 

[Skar]

Definitely not trying to start a classic social media 'shit-fight' here mate they always suck, good entertainment for the crowd I suppose, BUT always look out for the but, it's always the but

I was indeed with you if not fully onboard with what you were saying right up until you uttered the shocking words 'asset sale for at or near ATH, this is very very far from a pragmatic view or result, its far more representative of a defeatist view leading to a dismal result IMO. Our BOD are on record at the AGMs as saying they will not even take an insulting offer to which you very much clearly described and suggested it is a better plan even, to which I protest. We as shareholders need to have more understanding as to the true value of this project and our company, so as to be able to support the BOD in rebuffing silly offers and support our BOD in face of the MMGA BS, even they would walk a $1.3 AUD offer (which would tell you everything you need to know), it's apparently already been rejected thank god.

I understand we are all suffering and over it, some are financially screwed in various forms of severity and I'm certainly not immune. But to say a better management team with a better plan is selling the asset for or near ATH is IMO utterly ridiculous and totally ignoring where we are at and what the company has achieved via DFS, further drilling to improve our JORC & pit design numbers, BFS, ICC & ICSID near-certainty chances, the sheer potential of the tenement for future expansion let alone the great numbers that the to be announced BFS will churn out for us to calculate an immediate value. This is the spodumene price setter, the market controller. The value in that goes above just the BFS its a strategic price setter ffs. Then look at LTR, this shits on LTR, an yet we can't even muster a sale price above their MC. Please don't devalue this strategic project due to the grind tactics of the Chinese and sell yourself and all other investors short too.

Can SH please stop with the insulting ATH TO BS, its some Stockholm syndrome type shit. BOD aren't having it and neither should you, go look at the DFS, go look at our peers like LTR, look at PLS at $13Bil MC, thats where we could/should be, we are the TOP of the pile, so after slapping yourself, galvanise yourself and get back to supporting yourself and the BOD in getting us the best possible outcome ..... not just any old outcome. The MMGA crew would love to hear such low expectations.

If you feel I'm talking shit and pragmatically speaking this project is only worth $1.3AUD then I suppose we will have ourselves some debatin' to do because that my fellow suffering shareholder I'm not accepting that for a cotton pickin' darn second.

No offence taken, I probably didn't communicate as well as I ought to have. I think the asset is worth much much much more than that, in terms of lithium in the ground x extremely conservative base case long term spod price - cost of production. So potentially, yes many many multiples more than our ATH SP.

I was discounting for the uncertainty (which is likely what our detractors want). Pragmatically I would take a quick win now (I have an avg price of ~22c over all my holdings) over an uncertain win later... you know what will put wind back in my sails and raise my target price? An ML and positive outcomes from court cases but a negotiated settlement in lieu of all that puts my price at what I said (and counts as a win for me).

 

[Chilla]

Certainly, time has shown going the legal route was needed but weren't we dragged into international arbitration before we started firing our legal salvos? (I can't remember timeline of events - I know IGF releasing their report kick started things and then minister decree cancelling the ML was last straw).

I also think we wasted a lot of time along the way and have continued very high capital expenditure while in suspension (to the point we are going to cop some serious dilution just to continue operations) - I also think we have been misled (by DRC gov/partners) and management have had to deal with surprises along the way... the details of which have not been fourth coming because of legal disputes (and the culturally "non-transparent" Africa business climate) - so we are left with twitter noise to fill in the silence (if we rely purely on official announcements the question around spending while in suspension really needs answering - we had DFS done.... waiting on ML... why were we spending all that extra?).

It was necessary to continue spending money on drilling, development of the camp, fuel farm, community aid projects and bringing in equipment to demonstrate AVZ was working on the ground and progressing the project to counter the claims of MoP and Cominere that AVZ were doing nothing and should be stripped of the licence in favour of the brown bag gang Zijin and Cong and Jerkoff.

 

[TDITD]

No offence taken, I probably didn't communicate as well as I ought to have. I think the asset is worth much much much more than that, in terms of lithium in the ground x extremely conservative base case long term spod price - cost of production. So potentially, yes many many multiples more than our ATH SP.

I was discounting for the uncertainty (which is likely what our detractors want). Pragmatically I would take a quick win now (I have an avg price of ~22c over all my holdings) over an uncertain win later... you know what will put wind back in my sails and raise my target price? An ML and positive outcomes from court cases but a negotiated settlement in lieu of all that puts my price at what I said (and counts as a win for me).

Phew,
I realised after sending my communication may not have been upto par either and left the door open for misunderstanding so sent a DM.

Agreed brother, we really are in a ridiculous position here where we may in 5 years be looking back laughing a little with a $15B+ MC, alternatively we could be a year post ICSID successful win wondering where all that $$$ we have legally won is actually going to come from.

We may differ slightly in our quick win prices yes dont play into those prick detractors hands, ahem $12, however I imagine we are all hoping all that talk is simply wasted hot air as the ML is on its way

Come on DRC and BOD make it happen

 

[MoneyBags1348]

View attachment 44439
Have work to do LTSH’s …be kind & respectful whilst im away …but no kissing on lips like the Spanish soccer coach
Bags ..keep an eye on those pesky German fuckers
View attachment 44440

I think great comments being put forward by @TDITD (TITS), @Chilla and a few others here John

As chilla explained, our exec's have a lot of experience in the DRC, but I doubt the clandestine tactics by the corrupt actors involved could have been predicted. I know Nigel was wary of the Chinese shareholders who were brought on by Petersons in 2019, which was later taken over by Canaccord who have also been involved in our capital raises. I wouldn't mind knowing if Ty (the crook) Ludbrook was involved in either of these companies at the time and whether Canaccord was the broker supposedly trying to buy shares off market a few months back but I suppose neither really matters.

I think the valuations that TITS proposed are close to the mark, I would put a starting figure on our market capital of between $10-$15 billion once FID is made and construction is underway.

 

[MoneyBags1348]

Meanwhile, now this corrupt band of wannabe liars have now posted their exact same deceptive, misleading misinformation article on three sites

Projet Manono Lithium : les prochains administrateurs d'AVZ appelés à privilégier les négociations et non les procès (Communication)

Les actionnaires d'AVZ Minerals vont se réunir, en Assemblée générale, le 23 novembre prochain pour désigner 3 administrateurs, dans le but de regagner la confiance du Gouvernement congolais et de tous les partenaires du projet « Manono lithium ».

7sur7.cd

RDC : projet Manono Lithium, les prochains administrateurs d’AVZ appelés à privilégier les négociations et non les procès (communiqué)

Communiqué Les actionnaires d’AVZ Minerals vont se réunir en Assemblée générale, le 23 novembre prochain pour désigner trois administrateurs. Ceci, dans le but de regagner la confiance du Gouvernement congolais et de tous les partenaires du projet « Manono lithium ». Les relations entre AVZ et...

zoom-eco.net

Actualité | Projet Manono Lithium : les prochains administrateurs d'AVZ appelés à privilégier les négociations et non des procès (Communication) | mediacongo.net

Les actionnaires d’AVZ Minerals vont se réunir, en Assemblée générale, le 23 novembre prochain pour désigner 3 administrateurs, dans le but...

www.mediacongo.net

 

[Remark]

Meanwhile, now this corrupt band of wannabe liars have now posted their exact same deceptive, misleading misinformation article on three sites

Projet Manono Lithium : les prochains administrateurs d'AVZ appelés à privilégier les négociations et non les procès (Communication)

Les actionnaires d'AVZ Minerals vont se réunir, en Assemblée générale, le 23 novembre prochain pour désigner 3 administrateurs, dans le but de regagner la confiance du Gouvernement congolais et de tous les partenaires du projet « Manono lithium ».

7sur7.cd

RDC : projet Manono Lithium, les prochains administrateurs d’AVZ appelés à privilégier les négociations et non les procès (communiqué)

Communiqué Les actionnaires d’AVZ Minerals vont se réunir en Assemblée générale, le 23 novembre prochain pour désigner trois administrateurs. Ceci, dans le but de regagner la confiance du Gouvernement congolais et de tous les partenaires du projet « Manono lithium ». Les relations entre AVZ et...

zoom-eco.net

Actualité | Projet Manono Lithium : les prochains administrateurs d'AVZ appelés à privilégier les négociations et non des procès (Communication) | mediacongo.net

Les actionnaires d’AVZ Minerals vont se réunir, en Assemblée générale, le 23 novembre prochain pour désigner 3 administrateurs, dans le but...

www.mediacongo.net

These articles should have a disclaimer at the bottom stating "Written, spoken (and paid for) by MMGA".

 

[Samus]

Too many cuntys going around in this story.

How about the cocksucker of Zijin's slimy weiner and back-door bandit of jerkoff's pool poop mafia.
Too long?

 

[cruiser51]

G'day John, I was tossing up whether to interrupt the flow of the thread with great comments being put forward by @TDITD (TITS), @Chilla and others but I have had some good chats with you over the months so I thought I'd reply.

I do understand your position and I think that can of beer you were skulling on your back this morning is probably healthier for you than all that spraying you are having to do. As chilla explained, our exec's have a lot of experience in the DRC, but I doubt the clandestine tactics by the corrupt actors involved could have been predicted. I know Nigel was wary of the Chinese shareholders who were brought on by Petersons in 2019, which was later taken over by Canaccord who have also been involved in our capital raises. I wouldn't mind knowing if Ty (the crook) Ludbrook was involved in either of these companies at the time and whether Canaccord was the broker supposedly trying to buy shares off market a few months back but I suppose neither really matters.

I think the valuations that TITS proposed are close to the mark, I would put a starting figure on our market capital of between $10-$15 billion once FID is made and construction is underway. I like the way you find those videos of of those old blokes fighting one of them tries to king hit the other bloke and ends getting dropped by a left hook I'm nothing like that, I still hit a ceiling to floor ball that's a tennis ball and if I did get into a fight I would be looking at punching someone in the throat or breaking their jaw so any talk about it is just bullshit to me.

But you and I are friends as well as animal lovers

Why hit in the throat?
Are you a short arse and do you have to jump to hit the nose? Just curious, am trying to visualise it.