AVZ Discussion 2022
- Thread starter GazDix
- Start date
Yes, but I dont think it is a great look considering we have been in suspension for 16 months. Who pays their wages? The shareholders do. Have the shareholders have access to any of their funds? No.
All the shareholders have received from these people who have been paid well and bonus's on top is "we are in discussion with the government". That is a lot of talking but what have we seen no tangible results? No. They should be ashamed that they have given themselves bonus's.
oxxa23
Regular
Cumquat Cap
Regular
It’s risky behaviour before a contentious AGM with the sharks circling and no definitive path to shareholder wealth creation (besides some craftily worded sentences of course). I have given management a spell this year given what they’re going through but time and time again they remind you how greedy and tone deaf they are.
Azzler
Top 20
I can only imagine they're expecting the ML to be granted by the time AGM comes around.
Mickyb64
Regular
I'm disappointed that the BOD have granted themselves bonuses. The situation hasn't changed since we went in suspension. Hopefully they have something postive to announce and it isn't just a greedy money grab.
Hodlandwin69
Regular
Watch MMGA use this pay against them 
but yeh hopefully something resolved before AGM 
but yeh hopefully something resolved before AGM Could it be justified? Currently shareholder value is zilch, we do not have access to any of our funds. Yet AVZ employees are being paid bonus's for no results (Bonus time frame 22-23 financial year) What happened in this period? Nothing, in fact our decree was cancelled and our CEO walked out on a mining conference. How have these actions contributed to shareholder wealth? I don't know, on the surface they have not.Watch MMGA use this pay against them
obe wan
Regular
Ha ha , looks likes you may have hit the bitter spot when reading half the junk we have to wade through on some of these social media platforms ; unfortunately the trolls heavily dilute the quality on these forums ; Hotshithole is totally unreadable , I rarely even login to that one these days ( one of the good things that has come from this circus ) ; TSE now has the trolls gradually squeezing through the cracks; it’s becoming a little more unreadable with every day that passes tbh .
Appreciate your continued battling and research bags ; we have all walks of life in here with various and opposing views … yourself and Deboss for example would appear to have political etc views which maybe of the opposite sides of the spectrum , but what we can agree on is the both of you and many in here are on the same side and fully support the company and want the same ending … I hear Deboss likes his happy endings
; we just need to all stick together on this one even if reading this sewer soup with a few golden nuggets mixed sends us to boil point more often than not.I’ve basically dropped off from posting ,as reading some of the stuff particularly with some of these new characters appearing out of the blue would have me typing some Moneybag / Deboss type rants ( which does have me firing out the ‘good on ya‘ words )
Bring on the day when we get past this shit show and no longer have to go through getting our mental nerve endings torched every time we read AVZ forums which have corrupt mud with intent flowing through it .
AVZ shareholders all sail on the same boat with the same wind behind its sails at least until this shit show is done with ; most of us have been here for the last 4|5+ years , so to some extent we know whose not in the Trojan Horse within these forums … hopeful the trolls are in the belly of the brazen bull soon enough.
Keep up the good work
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Dijon101
Regular
Well said @obe wan
3 years for me now. Pretty much started investing during covid, this has certainly been a steep learning curve for me.
I can appreciate what the board has been going through, I can understand the need for silence, but I can understand why some think the bonuses to the BoD would be considered tone deaf.
My overall feeling right now is optimism.
You can just smell the desperation coming from our detractors and it's wonderful
3 years for me now. Pretty much started investing during covid, this has certainly been a steep learning curve for me.
I can appreciate what the board has been going through, I can understand the need for silence, but I can understand why some think the bonuses to the BoD would be considered tone deaf.
My overall feeling right now is optimism.
You can just smell the desperation coming from our detractors and it's wonderful
Mr Inappropriate
Regular
What mining conference, and when?
There was a talk/conference from memory in which they were due to present but bailed because something had cropped up that day.
Can't remember when and which conference now but pretty sure it did happen.
One of those surprises that have been popping up every so often.
I cant remember the exact dates. I am pretty sure it was in South Africa Jan 23 and he had just been advised that the MoM had just cancelled our decree and thus did not present as he was scheduled to. I even sent AVZ an email to confirm this info as I believed tommy the tit released this info before any announcements.
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oxxa23
Regular
That's a big bloody punt the greedy pricks took
The bonuses you referred to are similar to progess payments when you have a house built and is ok with me as they have made progress. All will be revealed when the BoD are ready.
PS try to think before you post.
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