AVZ Discussion 2022

[Roger2018]

Each of the three stooges had close to 33% votes for them individually give or take. (Not including paper votes taken within the conference)
It was projected on the screen for all to see

Surprised they got so many. Weak cunts who ever voted for them.

 

[Samus]

I guess nothing was asked about the situation on the ground with our tenement then?
Like whether or not Zijin/cominiere coacroaches are crawling all over the camp and the core samples...

 

[Hudnut]

Some good commentary i found on the Crapper - thx Ozpolarbear

Waiting for a TSE member update, but I hope there was more to it than this.

How close are we on an MOU?
Did we pay Marius, and what did we get for it?
Is Felix on board or not?
Is the current BoD supported by CATH, and if not what's the plan re: the 24%?

I'm more interested in what happens next than what happens to the MMGA arseholes.

 

[Hodlandwin69]

Surprised they got so many. Weak cunts who ever voted for them.

It was the Chinese entities. Tbh I thought it would be closer.

 

[Hudnut]

Did anyone take note of the guy who walked in with headphones and complained about turning off his phone. He was then engaged with one of the hostess about 10 min in regarding his phone being on. He was sitting behind the slimy lawyer in 3rd row and appeared to ask a question which followed on for the lawyers line of questioning??

He was writing a shot load of notes and gave off ‘journo’ vibes!!! Will be interesting to see if any publication writes about the content of the AGM

Can't have been anyone from the AFR if they gave off journo vibes.

 

[Samus]

Surprised they got so many. Weak cunts who ever voted for them.

We got betrayed by Mr pee pees.

 

[j.l]

Did anyone take note of the guy who walked in with headphones and complained about turning off his phone. He was then engaged with one of the hostess about 10 min in regarding his phone being on. He was sitting behind the slimy lawyer in 3rd row and appeared to ask a question which followed on for the lawyers line of questioning??

He was writing a shot load of notes and gave off ‘journo’ vibes!!! Will be interesting to see if any publication writes about the content of the AGM

I was in the same row. He was passing me when he started turning on the drama about his phone.

He is a LTH. I have spoken to him at length at a previous major shareholders event.

I was surprised to see him "passing notes" with the MMGA lawyer. And even more surprised by the question he asked re due diligence around Locke, which seemed to demonstrate a complete misunderstanding of the situation. And Nigel called him on it nicely.

I don't think he's a journo, but I could have that wrong. Wouldn't be the first time haha. I guess if Tom Richardson can be called a journo it's not setting the bar very high.

 

[Yaseen]

Waiting for a TSE member update, but I hope there was more to it than this.

How close are we on an MOU?
Did we pay Marius, and what did we get for it?
Is Felix on board or not?
Is the current BoD supported by CATH, and if not what's the plan re: the 24%?

I'm more interested in what happens next than what happens to the MMGA arseholes.

exactly, surely not everyone was sidetracked by the MMGA saga

 

[Chilla]

Waiting for a TSE member update, but I hope there was more to it than this.

How close are we on an MOU?
Did we pay Marius, and what did we get for it?
Is Felix on board or not?
Is the current BoD supported by CATH, and if not what's the plan re: the 24%?

I'm more interested in what happens next than what happens to the MMGA arseholes.

They would never discuss those items at the AGM which was primarily dealing with an existential threat to the assets of the company by the Chinese attempting a board coup. You don’t open the hen house to let the wolves have a massacre.

Whilst we are frustrated and devoid of lots of information….that information is extremely sensitive and is being sought by the corrupt Chinese to use against us and steal our asset.

You need to understand when it’s appropriate to ask certain questions and when it’s not. This is not that time.

 

[Carlos Danger]

Can't have been anyone from the AFR if they gave off journo vibes.

 

[j.l]

Any talk of cost saving measures until the cases run their course?

I am not looking forward to learning the terms by which we will secure the 20M... just how much do we get raked over coals.

A bloke up the front on the left asked about this. (poor guy, it took him about four goes to get his first question in - "sorry sir that question is not applicable to this section of the meeting" - added a bit of comic relief to the proceedings at least).

Anyway, where was I?

Yes, the question was asked and the response from what I recall was a standard Nigel vague answer along the lines of "yes we are looking into cost cutting measures wherever available" or something to that effect.

From memory (yes that thing again), the question was bundled in with a remuneration question as well so there was a pre-scripted part to the answer. It was along the lines of stuff we've already heard about cash bonuses to compensate for spending lots of time abroad.

There certainly wasn't any talk of executive pay cuts.

Maybe just going back to Blend 43...

 

[j.l]

Rumours are MMGA got around 33%ish each. If true then surely they had all the big Chinese holders like they said.

They was my recollection - they all sat at about 33 for, 66 against.

And the board was all pretty comfortable except for JC who was only borderline for.

 

[Yaseen]

Again with the delisting garbage....... Do a search and educate yourself.

you're right, unless of course we lose in court and dont regain our asset, obviously we all hope it doesnt get to that

even if we win, well, lets see how this chinese owned jungle reacts to that in relation to what happens on the ground, these dirty dogs have been relentless so far and I'd imagine we'll need some decent dollars alloted to security of a mine and personnel

 

[pow4ade]

agreed, would love nothing more when the attacks cease

The attacks will only cease when you refuse to let it rile you. It's only really a handful anyway. Consider them unreconstructed bogans with all the gravitas of girly TicTockers and led by a schizophrenic sock-puppet. Works for me.

 

[Winenut]

They would never discuss those items at the AGM which was primarily dealing with an existential threat to the assets of the company by the Chinese attempting a board coup. You don’t open the hen house to let the wolves have a massacre.

Whilst we are frustrated and devoid of lots of information….that information is extremely sensitive and is being sought by the corrupt Chinese to use against us and steal our asset.

You need to understand when it’s appropriate to ask certain questions and when it’s not. This is not that time.

Good questions from the other Nut......but not necessarily to be answered at this particular time

Time now is to consolidate the respects and wishes of the AVZ shareholders as indicated by the voting at the AGM

And by the way .....#FuckMMGA..... right up the fucking arse

 

[Hudnut]

They would never discuss those items at the AGM which was primarily dealing with an existential threat to the assets of the company by the Chinese attempting a board coup. You don’t open the hen house to let the wolves have a massacre.

Whilst we are frustrated and devoid of lots of information….that information is extremely sensitive and is being sought by the corrupt Chinese to use against us and steal our asset.

You need to understand when it’s appropriate to ask certain questions and when it’s not. This is not that time.

Glad I didn't go then. All we need to know is the results of resolution voting if they are going to tell us SFA about the actual operations of the business I part own and what our employees have been doing for a few years until I eventually find out whether it's worth anything in the end.

I'd like to know when they can be answered.

 

[Carlos Danger]

 

[Misfits]

They would never discuss those items at the AGM which was primarily dealing with an existential threat to the assets of the company by the Chinese attempting a board coup. You don’t open the hen house to let the wolves have a massacre.

Whilst we are frustrated and devoid of lots of information….that information is extremely sensitive and is being sought by the corrupt Chinese to use against us and steal our asset.

You need to understand when it’s appropriate to ask certain questions and when it’s not. This is not that time.

100% Chilla. Finally someone else gets it. Silly people including the owl on HC have been ridiculing why no formal Q and A.

 

[kron]

Was a good afternoon and good result.
Looking forward to official ASX Ann for numbers but I assume won’t change much.
Given the emotion I’m surprised how well behaved the AVZ clan were.
Well done to Jag for his don’t give a fuck attitude and standing up for shareholders- loved the shirt.
Well done to Deboss and many others also for standing up and asking the important questions.

Some good commentary i found on the Crapper - thx Ozpolarbear

That is a very thorough summary for those that missed out. Also, it wasn't a free for all for questions. The format of the meeting was questions were only taken for each resolution in the AGM pamphlet. Firstly was questions about the Annual report document, after that was renumeration package followed by individual candidates. If you wanted an answer outside of this you had to phrase it creatively...

 

[Winenut]

100% Chilla. Finally someone else gets it. Silly people including the owl on HC have been ridiculing why no formal Q and A.

It's incredible isn't it

Who'd have thought that posters on HC would be complete and utter fucking retards.......