AVZ Discussion 2022

[Cumquat Cap]

Good sign she’s meeting with the MoM as well, hopefully Minoli can explain the good work Australian mining companies can do

 

[BRICK]

Good sign she’s meeting with the MoM as well, hopefully Minoli can explain the good work Australian mining companies can do

She reckons she discussed agriculture. I’ve just asked her straight out if she discussed AVZ.

 

[Azzler]

No not really, sure it's a clusterfuck, but because there's 5 positions available and if they drop out leaving only the MMGA goons at the table and competing for empty non contested positions on the board.…well then we’ll have a couple of MMGA goons in the board

Yes but in the end it comes down to who has the most votes, regardless of the position of noms.
If they got the votes to win, they'll just vote NO to everyone else, and get in.
If we got the votes, we'll vote no to MMGA and they can't get in.

This other noms stuff is now meaningless. Infact it can hurt us by blocking board endorsed noms.

 

[obe wan]

Obe, the Announcement just released literally states this is not correct.

Quoted:
"
elected candidates will be appointed to fill the five Board
vacancies in the same order the Resolutions appear in the AGM Booklet (ie starting with Resolution 2
and ending with Resolution 22) until a sufficient number of elected candidates have been appointed
to fill the five Board vacancies,

"

Take it as how you read it Azzler . Go to the appendix on page 127 on the proxy on the ever thoroughly explained AVZ announcement about how it works under the skin .

Over and out

 

[Carlos Danger]

maybe you should ask one of the nominees how the 2 to 17 block was selected in that particular order; there’s a few of them around and also why are endorsed candidates all sitting at the back …you do know that the guys ( all company endorsed ) sitting at the back were on the scene before 2 to 17 ; the company just didn't position them there so as to give 2-17 the best shot of knocking company endorsed candidates 18 to 22 out


anyway, as you will and as you see it I suppose .

Ps - Just remember to vote no for the MMGA guys at least...im pretty sure the endorsed candidate will get through if after the mom endorsed block 2 to 17 is rinced out and those votes are compared to the candidates out of the 18-22 endorsed ; they will move through IF their vote counts are at a better comparative percentage than those in contention within the 2 to 17 block .

Is that without applying the no vacancy rule?

I think what you are saying is that because we are not being asked to vote on the no vacancy rule the additional two spots on the board up to the max of nine in the AVZ constitution are available as long as one of the rabble or MMGA get a higher % vote than at least one of the endorsed nominees. But MMGA get polled first anyway so they will have either won or lost already before it gets to that point. The rules in the supplementary booklet say candidates will be appointed starting with resolution 2 and ending in resolution 22 until the five vacancies are filled and then the rest are deemed defeated. It says nothing about priority for the five endorsed nominees but how you are describing is how I originally saw it.

If it is decided 2 to 22 with no preference then the only way the no vacancy rule would come into play to help MMGA is if they win their votes and five of the rabble nominees above them also win but with a lower percentage which would still allow them to get the two seats at the end yeah?

 

[obe wan]

Didn't you read the 18/oct announcement which stated "The election of the Directors’ nominations must be in accordance with the requirements under clause 14.3 of the Constitution. As the number of director nominations exceeds the available casual vacancies on the Board, the order of the resolutions for election has been determined by a ballot process in accordance with clause 14.3 of the Constitution, which was supervised by the Directors and an independent scrutineer. The order by which the various Shareholder-nominated directors will be considered for election at the AGM is as follows.... 1...16"

Yes and that’s exactly how 2-17 was arranged FMD

 

[Carlos Danger]

Quarterly is out

 

[Mr Clean]

Quarterly is out
View attachment 48449

Getting a bit nervous with how much capital is left. The BOD are cutting it fine. Will certainly have to raise money next year if there is no resolution

 

[Samus]

It's easy just don't vote for the MMAGOTS.

 

[Doc]

Quarterly is out
View attachment 48449

Hope they paying well for security onsite or we'll see a drill core sitting in CKK's office anyday

 

[DiscoDanNZ]

She reckons she discussed agriculture. I’ve just asked her straight out if she discussed AVZ.

I wonder if the MoM had great farming banter...

 

[Doc]

Quarterly is out
View attachment 48449

I think the last round of drilling and continuing to build the camp will bite us in the arse

 

[Doc]

Quarterly is out
View attachment 48449

Does this mean that that the 50m financing facility is no longer available at all?

 

[Hemicuda]

It's easy just don't vote for the MMAGOTS.
View attachment 48450

Vote no dic lamiers

 

[Cumquat Cap]

12 months is plenty to reach an outcome either way? DRC govt can’t afford to wait that long that’s for sure

 

[Carlos Danger]

Getting a bit nervous with how much capital is left. The BOD are cutting it fine. Will certainly have to raise money next year if there is no resolution

 

[naringal]

Just voted as per BOD recommendation. I just need this shit show to reach a conclusion and even retrieve some of my hard earned. Anything above $0.00 is a profit as I am free carrying, but $500k to a $1000k would be nice. I suspect the former is the probable outcome.

 

[JNRB]

It's easy just don't vote for the MMAGOTS.
View attachment 48450

Important to clarify here:
Vote AGAINST MMAGOTS

 

[Mr Clean]

View attachment 48453
View attachment 48454

Do you trust the BOD to be able to execute a good raise during suspension? Because I don’t. We’ll be raising at 10 cents or so.

 

[antimatter]

Do you trust the BOD to be able to execute a good raise during suspension? Because I don’t. We’ll be raising at 10 cents or so.

Imo, if the BoD raises fund at 10c, they might as well give up the fight now against #FuckZJ coz that would be a better outcome than raising at 10c.