AVZ Discussion 2022

[Cumquat Cap]

MMGA marketing is shit, they do raise obvious points about cashburn (which creates a divide between management and shareholders as they refuse to pay themselves less while we starve) - but they do not provide any tangible steps in place to have mining license issued. They also state they are winners which we all know Peter Huljich is anything but (anl + fail et al). Time for management to execute

 

[Carlos Danger]

Just arrived in the mail....

How did they get your contact information?

Was there a decision in the register case in the WA supreme court?

If not they have acquired it through you providing it or illegally

 

[Winenut]

I'm so over all this fucking shit......

 

[Azzler]

Just arrived in the mail....

Hey I used to live in Glenbrook, I miss it, highschool years!

 

[TheCount]

Just arrived in the mail....

 

[oxxa23]

with MMGA reaching out.... now might be a nice time for deboss to put his info out to the public on PH...

 

[Dijon101]

Lets just get the ML . That is what matters .

FUCK ZIJIN!!

What matters is getting the ML without rewarding these corrupt lowlife fucks.

You don't negotiate with crooks.

 

[Mr.Hackenbacker73]

Might pay to white out your details

Shit didnt think of that, anyway not to concerned. I am a long term holder and have met some on here at the road show last year.

How did they get your contact information?

Was there a decision in the register case in the WA supreme court?

If not they have acquired it through you providing it or illegally

I don't know how they got my info, I haven't registered anywhere or done anything different. I went out the front to bring the bins in and the post man handed it to me.

I met some of you at the sydney roadshow last year, I have no interest in these muppets getting on the board.

 

[Mr.Hackenbacker73]

Hey I used to live in Glenbrook, I miss it, highschool years!

Hey Azzler we love Glenbrook, our kids like the schools and sport etc..

 

[wombat74]

FUCK ZIJIN!!

What matters is getting the ML without rewarding these corrupt lowlife fucks.

You don't negotiate with crooks.

No . What matters is the ML . Preferably and hopefully without Zijin .

F--k MMGA !!

 

[Bonsoir]

Shit didnt think of that, anyway not to concerned. I am a long term holder and have met some on here at the road show last year.

I don't know how they got my info, I haven't registered anywhere or done anything different. I went out the front to bring the bins in and the post man handed it to me.

I met some of you at the sydney roadshow last year, I have no interest in these muppets getting on the board.

By any chance was the postman Chinese ?

 

[9cardomaha]

Transcript which is mentioned in ann is for the entire hearing process - ICC chairman statement should still be the crux of this, whereby the ICC chair provides guidance on what is needed in the post-hearing brief to facilitate the arbitrator to make his decision.

From my understanding, the post-hearing brief can only be a page or so, where parties can add context to testimony which is highlighted by the Chair as ambiguous or needing more context.

Transcript signing process is just a formality to confirm that the stenographer has recorded everything verbatim without misinterpreting the oral testimonies of witnesses - excessive back and forths for minor edits like 'a' and 'an' is frowned upon by the ICC.

So i'm going to double down on my jurisdiction verdict timeline of 'BEFORE first week of November'.

The part about the arbitrator setting a procedural timeline is worrying, but my thoughts are that we might have been legally forced to include this as it is a possibility for further hearings on the main part of the case 'abuse of majority shareholder position by AVZ' - let's hope it doesn't get to that because we get a ruling in our favour.

I take solace in the fact that a company update on the procedural timeline does include the possibility of something like 'the arbitrator has decided that no further procedures are required due to our successful jurisdictional challenge. Zijin can fuck right off'.

Edit: existence of transcript has been confirmed, chairman statement is part of this so fingers crossed we can get a look at what the fuck happened (the case is PUBLIC afterall)

 

[Sammy_da_Smile]

Just arrived in the mail....

Any dates on when this was posted that you can see mate?

 

[Azzler]

Some thoughts in the MMGS bullshit. (If it's real and not a ploy)

There's legit concern that they have insto backing, particularly the rather large chinese insto's on AVZ's register.
Though they're far from 50% of shareholders, it appears if people don't vote then they're counted as abstaining.
I take this to mean if there are 10 shareholders, but only 2 votes yes, 1 votes no, and 7 dont vote, then it's counted as a pass for the yes motion because it outweighs the no votes.
That is opposed to viewing the yes vote as only 20% of shareholders and therefore not passing.
Correct me if I'm wrong about that.

So taking that into consideration, and knowing AVZ's share register has an unusually large portion of retail holders...
How many retail do you think actually vote on motions? My guess is not very many, it's probably bottom draw stocks for many, barely aware of what's going on.

And that means if they have insto backing, their yes votes hold a hell of a lot more power that it first appears.

However, them seeking this mass mailout to sell themselves to retail means they likely do not have the support they need.

And It may even go against them.
It might alert the not so alert holders to the situation, and if they decide to ask around or look on twitter, they'll quickly realise the treachery that is at work, and might then be motivated to actively vote against the motion, where by they otherwise may not have voted at all.

I also believe our management will do a similar mass mailout in response to give their side of the story. They should be easily exposed.
Again prompting retail to vote no where they might not have otherwise.

Anyway, all these musings are just in regards to if they even had a hope in hell of succeeding in the first place, but let's certainly not get complacent here.
VOTE: FUCK NO !
MAKE SURE YOU VOTE !
TELL EVERYONE !

And as eluded to before, there are other moves being made to thwart this attempt so it may not ever get a chance.

 

[aanti.dumb]

"Arbitration is only really “binding” if it can be enforced. The good news is that the DRC is a signatory to the New York Convention.

The bad news is that the DRC does not recognise arbitration rulings in relation to immovable property."

Herbert Smith Freehills describes it this way:

“the New York Convention will not apply to disputes related to immovable property or on a right related to immovable property. This is a particularly significant reservation, as it has potential to bite, for example, on disputes arising from mining rights. Unlike the other three reservations, this reservation is not provided by the New York Convention itself (although not prohibited by it).”

I would argue that the NY convention DOES apply considering the Zijin dispute is over Dathcom shares being sold against the rules of the JV agreement and not really anything to do with mining. The fact that Dathcom is a mining company isnt really material to the breach of the JV terms. Datchom could be a accounting consultancy and the issue would be identical.

IMO GLTAH

 

[Mr.Hackenbacker73]

Any dates on when this was posted that you can see mate?

Because its printed on shiny material its all smudged, I am kind of expected everybody will get one as I have had no correspondence with anybody.

I notice their address is Suite 14, 401 Pacific Hwy Artarmon if anybody is around the area for a drop in.

 

[aanti.dumb]

I care.

FUCK ZIJIN

Agreed. The 15% is Zijin's (fuck Zijin) foot in the door. You think we have been through some fuckery now? This is nothing compared to the 3D \ 4D multidimensional fuckery that we will get if they are not punished for their corrupt, alleged purchase of Dathcom 15%.

 

[Retrobyte]

Because its printed on shiny material its all smudged, I am kind of expected everybody will get one as I have had no correspondence with anybody.

I notice their address is Suite 14, 401 Pacific Hwy Artarmon if anybody is around the area for a drop in.

Looks like that is the printing company .... https://cotegic.com.au/about-us/

NSW – Head Office
1300 856 202
Suite 14, 401 Pacific Highway,
Artarmon, NSW 2064

 

[Xerof]

So, can we conclude they got a copy of the register (because they are entitled to one) but met resistance when requesting emails? Is Mr Hack the ONLY person to have the honour of being donated some kitty litter?

 

[TDITD]

Transcript which is mentioned in ann is for the entire hearing process - ICC chairman statement should still be the crux of this, whereby the ICC chair provides guidance on what is needed in the post-hearing brief to facilitate the arbitrator to make his decision.

From my understanding, the post-hearing brief can only be a page or so, where parties can add context to testimony which is highlighted by the Chair as ambiguous or needing more context.

Transcript signing process is just a formality to confirm that the stenographer has recorded everything verbatim without misinterpreting the oral testimonies of witnesses - excessive back and forths for minor edits like 'a' and 'an' is frowned upon by the ICC.

So i'm going to double down on my jurisdiction verdict timeline of 'BEFORE first week of November'.

The part about the arbitrator setting a procedural timeline is worrying, but my thoughts are that we might have been legally forced to include this as it is a possibility for further hearings on the main part of the case 'abuse of majority shareholder position by AVZ' - let's hope it doesn't get to that because we get a ruling in our favour.

I take solace in the fact that a company update on the procedural timeline does include the possibility of something like 'the arbitrator has decided that no further procedures are required due to our successful jurisdictional challenge. Zijin can fuck right off'.

Edit: existence of transcript has been confirmed, chairman statement is part of this so fingers crossed we can get a look at what the fuck happened (the case is PUBLIC afterall)

Cheers 9cardomaha,

looking forward to reading that transcript

Wow so just a page, ONE PAGE for Zijin to 'add context' to their testimony where the chair has highlighted 'ambiguous, or needing more context'.

Zijin get one fucking page, this is gold



Zijins lawyers found a loophole, the page.....