AVZ Discussion 2022

[Azzler]

So someone is basically giving us money based on us getting proceeds from the court cases?

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.

 

[BEISHA]

View attachment 49720

How is Yibin able to increase their holdings whist AVZ are in suspension ?

 

[Underwaterdark]

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.

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]

@Chilla is this correct?

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

 

[Xerof]

How is Yibin able to increase their holdings whist AVZ are in suspension ?

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

 

[BEISHA]

View attachment 49716 View attachment 49717 View attachment 49718 View attachment 49719

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]

How is Yibin able to increase their holdings whist AVZ are in suspension ?

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

 

[Powerage]

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 )

Unfort it looks like we’ve lost Yibin and CATH votes / if MMGA website is to be believed.

 

[Misfits]

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]

If Yibin do vote against the BoD but the BoD still succeed...then the CATH TIA is dead and Mr Pei and CATH wont get any offtake.

Would be a very dumb move.

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.

 

[Powerage]

Unfort it looks like we’ve lost Yibin and CATH votes / if MMGA website is to be believed.

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).

 

[Powerage]

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]

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.......

View attachment 49726

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.

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.

 

[BEISHA]

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

This is precisely why you don't put all your eggs in a chinese basket

Absolutely, i was banging on about this back in ole HC days, now the devil in the detail is coming out.......

 

[Samus]

Agreed, Yibin voting against current BOD would essentially torpedo the CATH relationship putting the CATH TIA in serious jeopardy.
I'm sure AVZ have been in contact with Mr.Pei throughout this and have his vote.
If not then I'd expect some firework announcements once we get past the corruption and towards ML.

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]

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.

 

[Scoota30]

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.

You would think if they wanted to snipe us, they would either let AVZ know at the last moment on Tuesday 21st of November, or to not tell them at all. Seems silly to announce it too early...

 

[Doc]

Just popped into the Novotel to have a look. Room almost ready for the AGM

 

[Dave Evans]

CATH has signed a document along with Yibin backing MMGA. This will affect our project funding ($240mil) but I don’t think they have the shares to be able to use for voting.

Our latest good news re: ICC has brought Yibin and CATH out of the shadows, so now we need to know how Huayou and Lithium Plus will vote. Between Yibin, Huayou and Lithium Plus they hold around 20%

I think as many people as are able need to contact FIRB and show the association between MMGA and Chinese companies

 

[Spikerama]

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.

The real question is how do they know before us?