rocknrolla
Regular
Great news !!!
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Carlos Danger
Top 20
No surprise Yibin were going to vote for MMGA............it was a given.
Largest shareholder tho ?..........7.1%, ............wank !!
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HSBC custody nominees are..
Do CATH have voting power ?..............NO, offtake agreement not activated yet, AVZ dont have ML
Just another
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From
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Tommy.
That being said, if big hitters YIBIN, HUAYOU, LITHIUM PLUS collaborate and vote for MMGA, then its going to be one hell of a cat fight !!
Which its why its vitally important that everyone supports our BOD and vote according to guidelines, big , medium , small share holdings............it all adds up.
Chyna is trying all it can by stealing Manono, before favourable ICC / ICSID rulings slap them in their face............dont let the CUNTS win !
View attachment 49709
Underwaterdark
Regular
So someone is basically giving us money based on us getting proceeds from the court cases?
Azzler
Top 20
Looks like we just got a dilution free cap raise of 20 million! Based on how STRONG our legal case is.
Sorry cunts, we aren't running out of money yet, and we can still call in the ICC Cominiere fine money later.
How is Yibin able to increase their holdings whist AVZ are in suspension ?
Underwaterdark
Regular
Such a nice flex.
Like if you were going through a divorce.
And your divorce attorneys bank offered you a loan based on the strength of your case.
Love that BOD are bringing out all these pieces and putting them together just prior to AGM.
Chilla
Regular
Yibin is a JV owned by CATL and Canmax
CATH is a JV owned by CATL and Mr Pei.
CATH TIA will be dead if Yibin support MMGA
That means NO OFFTAKE for CATH
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Xerof
Flaming 1967
They haven't. At one stage, those 2 parties declared their holdings as related (which they are by various associations, the main one being they are chinese
)I see MMGA have put this on their website, so gloves are off, and CATH has got off the fence and sided with Z
This is precisely why you don't put all your eggs in a chinese basket
IMO
Well, thats one question on my list to ask AVZ bod that i can scrub off........
Well done again AVZ for covering your bases, but doesnt give me great confidence that the MOU is going to be confirmed any time soon.......
Carlos Danger
Top 20
They bundle all their little hood rat account holdings in the annual report whereas individual top 20's they show them separately for some bizarre reason
I think the other 14m or whatever technically belong to CATH
Unfort it looks like we’ve lost Yibin and CATH votes / if MMGA website is to be believed.They haven't. At one stage, those 2 parties declared their holdings as related (which they are by various associations, the main one being they chinese
Misfits
Regular
AVZ BOARD LOSES THE SUPPORT OF ITS LARGEST SHAREHOLDER AND CATH
MMGA confirms that it received the following statement of support from both the largest shareholder of AVZ and CATH-the provider of a potential US$240m cash injection into AVZ. It is now clear that the position of the incumbent board is untenable.The below statement is reproduced with express permission.
Thursday 16 November 2023
To MMGA
We have communicated our voting intentions to AVZ, indicating our decision to vote against the incumbent board and expressing our support for the appointment of the MMGA nominated directors.
Yours sincerely,
Yibin Tianyi Lithium Industry Co.,Ltd
Suzhou CATH Energy Tecnologies Co.,Ltd
Shareholder Communications — MMGA
www.makemanonogreatagain.com
Samus
Top 20
Hopefully we'd get their 20mil and opportunity to partner with somebody else.
Wonder how that works?
Surely it's a breach of the agreement between AVZ and CATH, fucking Trojan horse. Be interesting to see how this plays out, CATH been silent throughout all of this instead of throwing any weight around. We sure wouldn't want them on board if they've been in league with Zijin all along.
Ultimately, tbe sceptic in me says we probably never had their votes in tbe first place, however the recent ICC wins and likely future wins have prompted them to show their hand (as a way of signalling to gov that the impending train wreck of litigation against the gov will be dropped by hook or by crook).
It’s fukken sickening.
Chilla
Regular
Certainly shows Zijin and Cong and Felix that AVZ are funded to take the legal action all the way and have access to more funding should they need it further down the track.Well, thats one question on my list to ask AVZ bod that i can scrub off........
Well done again AVZ for covering your bases, but doesnt give me great confidence that the MOU is going to be confirmed any time soon.......
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So it would put pressure on Felix as they now know AVZ not running out of money to defend its rights.
US$20-30 Billion compensation claim if this ICSID has to continue.
Not a good look to DRC if that number gets published from ICSID.
This is precisely why you don't put all your eggs in a chinese basketThey haven't. At one stage, those 2 parties declared their holdings as related (which they are by various associations, the main one being they are chinese
I see MMGA have put this on their website, so gloves are off, and CATH has got off the fence and sided with Z
This is precisely why you don't put all your eggs in a chinese basket
IMO
Absolutely, i was banging on about this back in ole HC days, now the devil in the detail is coming out.......
Samus
Top 20
Dunno Tits CCP is CCP, that's the one disturbing element about all this and always has been. Despite some shareholders insistence otherwise. Snake in the grass imo.
Scoota30
Regular
You would imagine that MMGA putting that claim on their website that Yibin have informed AVZ, would almost warrant AVZ putting out an announcement to either confirm or deny whether that is true and again reinforcing to all shareholders that we should support the boards recommendations.
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