AVZ Discussion 2022

[geo_au]

AVZ will not negotiate with a bunch of crooks, simple as that.

Hope everyone followed AVZs instructions on how to vote, it's very simple as outlined below.

VOTE FOR Resolutions 1, 18 to 22
• VOTE AGAINST Resolutions 2 to 17

 

[cruiser51]

Mines : Le dossier « Manono Lithium » livre ses dernières vérités

Dans son annonce publique ASX datée du 9 octobre 2023, AVZ Minerals avait affirmé que le Mémorandum Of Understanding « MOU » avec le Gouvernement de la RD Congo en rapport avec le projet « Manono Lithium » progresse. Cette annonce s’avère complètement fausse, d’autant plus que le Gouvernement de...

congoprofond.net

View attachment 48187
WHICH part of the RDC Government supports this!?

Can't have been the minister of Industry, Mom, or the PM.
They were all at the: Global Gateway Forum in Brussels

Oct 26, 2023, end of #GlobalGatewayForum with the announcement of 300 billion euros for the 5-year period, made by JUTTA URPULAINEN, European Commissioner responsible for INTERNATIONAL PARTNERSHIPS. It is up to each country to present projects to build a new win-win economic ecosystem based mainly on infrastructure: road, rail, energy, ports, airports, agro-industrial as well as investment in education. Were present to seal this partnership:
@JosepBorrellF
(Vice/Pr EU Commission), Azali Assoumani
@PR_AZALI
(PR Comoros,UA),
@Macky_Sall
(PR Senegal), DAMMU RAVI (India), Pedro sanchez (PM/Spain),
@Xavier_Bettel
(PM /Luxembourg), Antonio Costa,( PM/Portugal), André Plenkovic ( PM/Croatia), Robert ABELA ( PM/ MALTA), Antonio TAJANI (VPM Italy), ALEXANDER De CROO ( PM/ Belgium),
@LukondeSama
(PM/ DRC), Édouard NGIRENTE (PM/ Rwanda).

 

[antimatter]

22.47% voted NO to last year's Remuneration Report, which is why I am voting a big fat No to this years.

If they do a better job in the ensuing 12 months I'll change my tack at next year's AGM.

We have only $15M in the bank - no time to hand out cash.
TC.

I understand that many retail shareholders vote NO to protest but I think that this resolution (1) will be passed irrespective. However, in doing so, we may shoot overselves in the foot because if there are more then 25% NO votes this AGM, our opponents will try to get >25% the next AGM and sack the entire BoD. If this is the case, we will for sure lose the battle and RD.

 

[Azzler]

I understand that many retail shareholders vote NO to protest but I think that this resolution (1) will be passed irrespective. However, in doing so, we may shoot overselves in the foot because if there are more then 25% NO votes this AGM, our opponents will try to get >25% the next AGM and sack the entire BoD. If this is the case, we will for sure lose the battle and RD.

if the next AGM we are still in this mess, then maybe they need to be sacked eh?
serious? By next AGM? lol

 

[Azzler]

I understand that many retail shareholders vote NO to protest but I think that this resolution (1) will be passed irrespective. However, in doing so, we may shoot overselves in the foot because if there are more then 25% NO votes this AGM, our opponents will try to get >25% the next AGM and sack the entire BoD. If this is the case, we will for sure lose the battle and RD.

They've been paying themselves a wage and bonuses FAR above executives who run businesses that actually produce profits.
We dont produce ANYTHING!
We operate in defecit.

Please go ahead and justify this?

 

[Samus]

If you're a cunt it's dead simple to vote too.

 

[antimatter]

They've been paying themselves a wage and bonuses FAR above executives who run businesses that actually produce profits.
We dont produce ANYTHING!
We operate in defecit.

Please go ahead and justify this?

Can't justify and I am as unhappy as you. However, facing with two evils, I am going with the lesser evil option and not giving ZJ/MMGA more air to attack us.

 

[Carlos Danger]

I understand but if we are still fighting post AGM and not lost to MMGA, then how long do you want to continue this?

The new board appointments and the use of the term projects plural in the annual report are a possible a clue to management's contingency plan in case we need to go the distance at the ICSID. Nigel has said previously 'we can find another Manono' and we have a lot of new ties to Tanzania all of a sudden. There are litigation funding arrangements available that would certainly classify as 'alternative' that would allow AVZ to focus on new operations. We can return to trading whenever the bod updates the market about our mining rights and answers the other outstanding questions from the ASX. Share price wouldn't be pretty tho imo

 

[Doc]

Maybe you should all post MMGA's how to vote a few more times hey? FMD, any publicity is good publicity and they'd be stoked its already posted twice on TSE........

 

[Samus]

Maybe you should all post MMGA's how to vote a few more times hey? FMD, any publicity is good publicity and they'd would be stoked its already posted twice on TSE........

Do you seriously reckon anyone here apart from the drooling trolls in the background are going to take much notice of it Doc?
It's just a good opportunity for bogan shareholders to call them cunts but I can remove the post if people think it's inappropriate.

 

[BRICK]

Im sure this thread is watched by MMGA trolls yeah?

 

[Carlos Danger]

Maybe you should all post MMGA's how to vote a few more times hey? FMD, any publicity is good publicity and they'd would be stoked its already posted twice on TSE........

Do you seriously reckon anyone here apart from the drooling trolls in the background are going to take much notice of it Doc?
It's just a good opportunity for bogan shareholders to call them cunts but I can remove the post if people think it's inappropriate.

I ain't removing shit. It was relevant to the discussion about aligning our votes away from MMGA's plan to attack the BoD. Sad.

 

[Azzler]

Do you seriously reckon anyone here apart from the drooling trolls in the background are going to take much notice of it Doc?
It's just a good opportunity for bogan shareholders to call them cunts but I can remove the post if people think it's inappropriate.

Dont be a cunt.

 

[cruiser51]

Maybe you should all post MMGA's how to vote a few more times hey? FMD, any publicity is good publicity and they'd would be stoked its already posted twice on TSE........

Fuck MMGA.
I might drop my green flyers, minus address, off well used in Peter's letterbox, have a look if he is going to send me more flyers.

If he sends me an email, I will make sure he will not enjoy the response.
Fuck him

If he believes he is our illustrious leader and can speak on our behalf, he got it wrong.

 

[Azzler]

The new board appointments and the use of the term projects plural in the annual report are a possible a clue to management's contingency plan in case we need to go the distance at the ICSID. Nigel has said previously 'we can find another Manono' and we have a lot of new ties to Tanzania all of a sudden. There are litigation funding arrangements available that would certainly classify as 'alternative' that would allow AVZ to focus on new operations. We can return to trading whenever the bod updates the market about our mining rights and answers the other outstanding questions from the ASX. Share price wouldn't be pretty tho imo

Let's be honest though, the wages drawn have been fucking insulting to those paying for those wages (Us). Wages for NOTHING so far. Wages for PAIN?
That's all current shareholders have, pain.
It is a good message to send to BoD and I am about to change my vote to against for resolution #1, but I'm having this conversation to see If someone can convince me otherwise.

They'll have to be responsible not to get another 25% vote next agm wont they?

Honestly, how the FUCK are they paying themselves amongst the top wages for board members ASX wide, while producing absolutely SQUAT!?
ZERO! NOTHING but absolute agony and pain for shareholders????
Fuck sake man.
They need their heads and asses slapped BIG time.
They already have enough in performance shares, to give them incentive to succeed.
THEY ALREADY HAVE ENOUGH INCENTIVE!

If they need extra bonus to continue working, then it means they dont believe they can succeed.
If they need bonuses to keep working, it means they don't see any value in their performance shares.
It means we're all fucked.
If so, fuck them too!

 

[cruiser51]

If you're a cunt it's dead simple to vote too.

If you're a cunt it's dead simple to vote too.

FUCK MMGA!!!

 

[Carlos Danger]

Let's be honest though, the wages drawn have been fucking insulting to those paying for those wages (Us). Wages for NOTHING so far. Wages for PAIN?
That's all current shareholders have, pain.
It is a good message to send to BoD and I am about to change my vote to against for resolution #1, but I'm having this conversation to see If someone can convince me otherwise.

They'll have to be responsible not to get another 25% vote next agm wont they?

Honestly, how the FUCK are they paying themselves amongst the top wages for board members ASX wide, while producing absolutely SQUAT!?
ZERO! NOTHING but absolute agony and pain for shareholders????
Fuck sake man.
They need their heads and asses slapped BIG time.
They already have enough in performance shares, to give them incentive to succeed.
THEY ALREADY HAVE ENOUGH INCENTIVE!

If they need extra bonus to continue working, then it means they dont believe they can succeed.
If they need bonuses to keep working, it means they don't see any value in their performance shares.
It means we're all fucked.
If so, fuck them too!

Preaching to the converted dude. But this is a time for logic not emotion. And yeah if Nigel really does need some extra cash he can always sell his AJN shares imo

 

[Samus]

Im sure this thread is watched by MMGA trolls yeah?

Pretty fucking out if touch if they aren't.

 

[cruiser51]

Let's be honest though, the wages drawn have been fucking insulting to those paying for those wages (Us). Wages for NOTHING so far. Wages for PAIN?
That's all current shareholders have, pain.
It is a good message to send to BoD and I am about to change my vote to against for resolution #1, but I'm having this conversation to see If someone can convince me otherwise.

They'll have to be responsible not to get another 25% vote next agm wont they?

Honestly, how the FUCK are they paying themselves amongst the top wages for board members ASX wide, while producing absolutely SQUAT!?
ZERO! NOTHING but absolute agony and pain for shareholders????
Fuck sake man.
They need their heads and asses slapped BIG time.
They already have enough in performance shares, to give them incentive to succeed.
THEY ALREADY HAVE ENOUGH INCENTIVE!

If they need extra bonus to continue working, then it means they dont believe they can succeed.
If they need bonuses to keep working, it means they don't see any value in their performance shares.
It means we're all fucked.
If so, fuck them too!

Maybe find out what the pay rate is for expatriates working in Africa.

I have the feeling that the bonus payment was a per diem, a fixed daily allowance which covers all business travel expenses.

Ever worked overseas?

 

[TDITD]

Let's be honest though, the wages drawn have been fucking insulting to those paying for those wages (Us). Wages for NOTHING so far. Wages for PAIN?
That's all current shareholders have, pain.
It is a good message to send to BoD and I am about to change my vote to against for resolution #1, but I'm having this conversation to see If someone can convince me otherwise.

They'll have to be responsible not to get another 25% vote next agm wont they?

Honestly, how the FUCK are they paying themselves amongst the top wages for board members ASX wide, while producing absolutely SQUAT!?
ZERO! NOTHING but absolute agony and pain for shareholders????
Fuck sake man.
They need their heads and asses slapped BIG time.
They already have enough in performance shares, to give them incentive to succeed.
THEY ALREADY HAVE ENOUGH INCENTIVE!

If they need extra bonus to continue working, then it means they dont believe they can succeed.
If they need bonuses to keep working, it means they don't see any value in their performance shares.
It means we're all fucked.
If so, fuck them too!

Personally, I can't argue the wages and bonus's while we have been in suspension and thwarted at every opportunity so far. There are arguments both ways, but end of the day this is a results game. Where are our results?

But speaking strategically if I'm voting against them then like has been mentioned they only need another snub to be booted, you can bet your bottom dollar that'll be very high up on the Zijin Menu (more Chinese restaurant meetings). So I'll effectively be helping out the enemy indirectly if I vote against it. We do not know what will happen down the road, just like last year and the year before.

So IMO its best to play safe.

I'll be fucked if I'm helping Zijin, MMGA, Corrupt Cominere & cunt Cong.