AVZ Discussion 2022

[Largus Averta]

Mate, have a chat with Beisha and Jag, they know me. I, like many other are just frustrated with what is happening. like I said previously I will be attending the AGM so I would be happy to chat with you there. I am against the other mob (I dont even like saying their name) it detests me so much. I am 100% behind AVZ, saying that, if I believed that if someone could produce better results than what we have currently, then I would support that.
I was at the last AGM and was one of the few that directly ask the board questions
Disclaimer: I received a call from Shaun and advised that I had voted as the board directed.

I should also respond to your question "Are you ok". No I am not. I have put up with this for over 5 years. The continual state of yeah were going to get the license and to then have the rug pulled from underneath you. I am not ok, this is absolutely wrong and not what I invested in. I invested in the biggest lithium resource known (unknown at the time, leap of faith) and to have it deferred by corrupt and illegal actions, I am not ok.

Hahahhaha, that's the funniest shit I've read all night. lol

 

[TDITD]

https://x.com/FranckFwamba/status/1717870616504590835?s=20

The reason why the IGF has not acted

IGF did act (the report) it was then upto Judiciary to act, MOJ jurisdiction. Corrupt judges mishandling, brown paper bags passed. A few taps on wrist, rejuggle and bobs your uncle back to corruption for Cominiere.
Thing that fucks me is Lisettes placing on Cominiere

 

[Hudnut]

And no, I'm not happy with the board. I would have cashed out for a while if I'd known what I'm sure they knew and didn't tell us before the ML debacle. And I was royally pissed at the dismissiveness at the last AGM.

And I voted against resolution one.
- They've taken the piss on remuneration already.

- Nige said they'd look at reducing outgoings and their wages are a large chunk. No change so far.

- I can see us running out of funds the way we are going, and the board haven't voluntarily taken a haircut.

- I can't get a chunk of funds. I'm suffering, so they should share it. OK, if this goes sideways they lose shares. But they still come out ahead based on how much money they've put in.

- Effort and discomfort don't matter re: bonuses. Results matter. I don't get a bonus at work if I don't get results, regardless of how many hours I work and travel.

- If they get a first strike, they are vulnerable at the next AGM. But if they come up with the goods, they won't get a 2nd strike. If they don't com up with the goods inthe next 12 months then I've written off my investment. We're farked. Time for them to get off the teat. It's enough money for me to really hurt, but it's time.

- Any info the board has shared has been forced out of them by events. MMGA, tommy, etc are evil, but without their disinformation forcing the Board's hand we'd have even less info than we have now. The board don't GAF about being answerable to shareholders or proper disclosure, or we would have known the state of play before suspension. I think we are very lucky the ASX has played ball given the lack of disclosure there re: ownership disputes too.

At this AGM they need to clearly demonstrate a path to ownership dispute resolutions, ML, and trading and what our assets look like at the end of that, and how we intend to enforce any agreement reached to stop the shitfuckery.

At the 2024 AGM, they need to demonstrate this has been implemented and have a healthy share price, or they can go gardening. All the best will in the world is immaterial to me. I want results, and employees that understand accountability and respect.

Also, re: having to spend all the time in the DRC etc. That's the job. Don't take a job trying to get a mine started in the DRC while dealing with the DRC Government basketcase if you aren't prepared to do it.

 

[Hudnut]

At this AGM it would be good if we could organise a list of questions we want answered.

An properly answered, not smug fuck or shrug and wink. If the question isn't properly answered we ask again. An again if needed.

I'm sure we will have many there so it's not as if we can't coordinate this.

About time we take a hold of our company and hold it to account (if need be).

I just started a thread. Let's hope we get a good list from it.

 

[CashKing]

That was before everything was known.

Wait What ???? Do we know shit now ???

Yeah but No we kinda don’t Really know shit still unfortunately.

GLTAH

 

[Doc]

Wait What ???? Do we know shit now ???

Yeah but No we kinda don’t Really know shit still unfortunately.

GLTAH

Or he is talking about known unknowns?

 

[Dom1974]

 

[DiscoDanNZ]

And no, I'm not happy with the board. I would have cashed out for a while if I'd known what I'm sure they knew and didn't tell us before the ML debacle. And I was royally pissed at the dismissiveness at the last AGM.

And I voted against resolution one.
- They've taken the piss on remuneration already.

- Nige said they'd look at reducing outgoings and their wages are a large chunk. No change so far.

- I can see us running out of funds the way we are going, and the board haven't voluntarily taken a haircut.

- I can't get a chunk of funds. I'm suffering, so they should share it. OK, if this goes sideways they lose shares. But they still come out ahead based on how much money they've put in.

- Effort and discomfort don't matter re: bonuses. Results matter. I don't get a bonus at work if I don't get results, regardless of how many hours I work and travel.

- If they get a first strike, they are vulnerable at the next AGM. But if they come up with the goods, they won't get a 2nd strike. If they don't com up with the goods inthe next 12 months then I've written off my investment. We're farked. Time for them to get off the teat. It's enough money for me to really hurt, but it's time.

- Any info the board has shared has been forced out of them by events. MMGA, tommy, etc are evil, but without their disinformation forcing the Board's hand we'd have even less info than we have now. The board don't GAF about being answerable to shareholders or proper disclosure, or we would have known the state of play before suspension. I think we are very lucky the ASX has played ball given the lack of disclosure there re: ownership disputes too.

At this AGM they need to clearly demonstrate a path to ownership dispute resolutions, ML, and trading and what our assets look like at the end of that, and how we intend to enforce any agreement reached to stop the shitfuckery.

At the 2024 AGM, they need to demonstrate this has been implemented and have a healthy share price, or they can go gardening. All the best will in the world is immaterial to me. I want results, and employees that understand accountability and respect.

Also, re: having to spend all the time in the DRC etc. That's the job. Don't take a job trying to get a mine started in the DRC while dealing with the DRC Government basketcase if you aren't prepared to do it.

How I imagine life for all of us if we had just sold at $1.36:

 

[Hemicuda]

Perhaps the first shareholder to ask a question could preface it with, "At the last AGM a number of shareholders here today were not impressed with the glibness with which some questions were avoided and angry at the lack of respect shown, given that we own the company and are funding your wages. The current situation is not acceptable and a lot of us a hurting without a lot of information from the board over the last 12 months. Please answer all questions without dismissing or avoiding them. Now, what has gone on, and what is the plan from here?"

 

[Hemicuda]

And no, I'm not happy with the board. I would have cashed out for a while if I'd known what I'm sure they knew and didn't tell us before the ML debacle. And I was royally pissed at the dismissiveness at the last AGM.

And I voted against resolution one.
- They've taken the piss on remuneration already.

- Nige said they'd look at reducing outgoings and their wages are a large chunk. No change so far.

- I can see us running out of funds the way we are going, and the board haven't voluntarily taken a haircut.

- I can't get a chunk of funds. I'm suffering, so they should share it. OK, if this goes sideways they lose shares. But they still come out ahead based on how much money they've put in.

- Effort and discomfort don't matter re: bonuses. Results matter. I don't get a bonus at work if I don't get results, regardless of how many hours I work and travel.

- If they get a first strike, they are vulnerable at the next AGM. But if they come up with the goods, they won't get a 2nd strike. If they don't com up with the goods inthe next 12 months then I've written off my investment. We're farked. Time for them to get off the teat. It's enough money for me to really hurt, but it's time.

- Any info the board has shared has been forced out of them by events. MMGA, tommy, etc are evil, but without their disinformation forcing the Board's hand we'd have even less info than we have now. The board don't GAF about being answerable to shareholders or proper disclosure, or we would have known the state of play before suspension. I think we are very lucky the ASX has played ball given the lack of disclosure there re: ownership disputes too.

At this AGM they need to clearly demonstrate a path to ownership dispute resolutions, ML, and trading and what our assets look like at the end of that, and how we intend to enforce any agreement reached to stop the shitfuckery.

At the 2024 AGM, they need to demonstrate this has been implemented and have a healthy share price, or they can go gardening. All the best will in the world is immaterial to me. I want results, and employees that understand accountability and respect.

Also, re: having to spend all the time in the DRC etc. That's the job. Don't take a job trying to get a mine started in the DRC while dealing with the DRC Government basketcase if you aren't prepared to do it.

Yes sir

 

[Samus]

Does someone want to remind me why we shouldn't be concerned about this?



I'd really have liked to see an update from the company about such pressing issues.
The truth of most things has been dug up and exposed on tse then more recently mostly confirmed by management.
Is there a need for the silence moving forward? Where is the push back?
Best they've got is a potential MOU up their sleeve, the above tells us that a MoU apparently means nothing in the DRC.
Wouldn't a more public campaign against fraudulent and illegal activity on the international stage play to out advantage at this point?
What's the Department of Hydroelectricity and Water Resources official take on this? Why can we feel feel secure in this knowledge?

 

[wombat74]

https://x.com/FranckFwamba/status/1717870616504590835?s=20

The reason why the IGF has not acted

It was obvious the IGF report was redundant the moment the President promoted CKK . Wasn't a good look having that IGF report still floating around . Better get rid of it . Doesn't alter the fact AVZ has ROFR . It just shows us the President is giving CKK /Chinese his full support .

 

[Scoota30]

Does someone want to remind me why we shouldn't be concerned about this?



I'd really have liked to see an update from the company about such pressing issues.
The truth of most things has been dug up and exposed on tse then more recently mostly confirmed by management.
Is there a need for the silence moving forward? Where is the push back?
Best they've got is a potential MOU up their sleeve, the above tells us that a MoU apparently means nothing in the DRC.
Wouldn't a more public campaign against fraudulent and illegal activity on the international stage play to out advantage at this point?
What's the Department of Hydroelectricity and Water Resources official take on this? Why can we feel feel secure in this knowledge?

Complete speculation on my behalf here but you'd imagine the department of hydroelectricity and water are aware of it & AVZ management are aware of it. Clearly it seems like a non-issue for both at the moment, if anything it will save us time and money if they keep dismantling everything. My concern would be when they start to actually rebuild/refurbish it, if then we need to re-dismantle their work.

From a legal point of view, what they are doing is illegal and they know it so they would only be able to claim their money back against comineire, not AVZ.

Think of it as white noise - there's still no official government announcement about Zijin doing a JV for the tenement nor was there an ASX Ann from AVZ refuting the claim.... And why is that

 

[Hemicuda]

Does someone want to remind me why we shouldn't be concerned about this?



I'd really have liked to see an update from the company about such pressing issues.
The truth of most things has been dug up and exposed on tse then more recently mostly confirmed by management.
Is there a need for the silence moving forward? Where is the push back?
Best they've got is a potential MOU up their sleeve, the above tells us that a MoU apparently means nothing in the DRC.
Wouldn't a more public campaign against fraudulent and illegal activity on the international stage play to out advantage at this point?
What's the Department of Hydroelectricity and Water Resources official take on this? Why can we feel feel secure in this knowledge?

Are the board riding the lightning till the cash runs out? or is this mou a wonka bar, with the golden ticket???? So the agm comes and goes and hopefully these treasonous maggot mmga fucks get hosed,,,,,, what is the catalyst for change to our current situation then? More waiting? More cash burn? More wages for new board members? If the board Treat us with same content as last year, then I guess we’re just eating shit chocolate btw facts dont = negativity, before the pile on starts.

 

[Carlos Danger]

It was obvious the IGF report was redundant the moment the President promoted CKK . Wasn't a good look having that IGF report still floating around . Better get rid of it . Doesn't alter the fact AVZ has ROFR . It just shows us the President is giving CKK /Chinese his full support .

IGF report and AVZ preemption right breach claim are now based on a purported transaction that never happened. Zero chance Felix isn't in on giving the north to Zijin imo

 

[wombat74]

Complete speculation on my behalf here but you'd imagine the department of hydroelectricity and water are aware of it & AVZ management are aware of it. Clearly it seems like a non-issue for both at the moment, if anything it will save us time and money if they keep dismantling everything. My concern would be when they start to actually rebuild/refurbish it, if then we need to re-dismantle their work.

From a legal point of view, what they are doing is illegal and they know it so they would only be able to claim their money back against comineire, not AVZ.

Think of it as white noise - there's still no official government announcement about Zijin doing a JV for the tenement nor was there an ASX Ann from AVZ refuting the claim.... And why is that

"Think of it as white noise - there's still no official government announcement about Zijin doing a JV for the tenement nor was there an ASX Ann from AVZ refuting the claim.... And why is that "

Because the government is corrupt ?

 

[Carlos Danger]

Think of it as white noise - there's still no official government announcement about Zijin doing a JV for the tenement nor was there an ASX Ann from AVZ refuting the claim.... And why is that

AVZ have already addressed the violation of the ICC emergency order and impact on its rights regarding the tenement being changed into Cominiere's name on the CAMI portal. Rightly described as a breach of the order. What happens past that is not a direct breach of our rights and therefore not a responsibility of AVZ management to disclose. If the north had been transferred from Dathcom they would have needed to announce it but a transfer from Cominiere is not as our claim at the ICC is against them not Manono Lithium imo

Either that or management are waiting for official confirmation before making the announcement. A split of the tenement would still be considered a breach of the ICC order whether it needs disclosing to the market or not.

 

[wombat74]

AVZ have already addressed the violation of the ICC emergency order and impact on its rights regarding the tenement being changed into Cominiere's name on the CAMI portal. Rightly described as a breach of the order. What happens past that is not a direct breach of our rights and therefore not a responsibility of AVZ management to disclose. If the north had been transferred from Dathcom they would have needed to announce it but a transfer from Cominiere is not as our claim at the ICC is against them not Manono Lithium imo
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Did the MoM sign off on it ?

 

[BRICK]

So,
do you think the MMGA goons will show up to the AGM?

I wonder if there will be extra security…

 

[Carlos Danger]

Did the MoM sign off on it ?

Zijin claiming to have approval from the ministry of mines in their announcement. No official documentation yet other than the PR renewal decree for Cominiere. Defo fits MoM previous pattern of behaviour in ignoring the mining code and the Dathcom JVA rules when she feels like it.