AVZ Discussion 2022

Miljew91

Regular
Half yearly in. Interesting to note when discussing the finances no mention of Locke at all, that mean they out?

View attachment 59104

Then this little chestnut:

View attachment 59105
5.7m on legal fees in 6 months. Nice to know someone out there making coin on AVZ
Mention of locke was in the half yearly please read again, just no new info
 
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Misfits

Regular
A noted troll on the other forum made the exact same quip about the lawyers at essentially the same time as you posted this.
Yep same language. well spotted!

eztrang​

3,897 Posts.
239
Date:15/03/24Time:15:32:39Post #:72908245
AVZ seems to have fully explained it's current issues now.

Why are the shares still suspended from trading?

$6m in legal fees, at least someone's making money out of AVZ.
 
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Misfits

Regular
Half yearly in. Interesting to note when discussing the finances no mention of Locke at all, that mean they out?

View attachment 59104

Then this little chestnut:

View attachment 59105
5.7m on legal fees in 6 months. Nice to know someone out there making coin on AVZ

You forgot this bit.

In the Directors' opinion: there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.
 
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Doc

Master of Quan
If you fuckers think I waste my time on HC think again. Nic is _Doc_ on there if you want to have a squiz
I didnt spend a crap load to go to the AGM last year for shits and giggles.

Talking about jumping at shadows you blokes, fair dinkum
 
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Doc

Master of Quan
Mention of locke was in the half yearly please read again, just no new info
I didnt see it, ill have a look again
 
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Doc

Master of Quan
Mention of locke was in the half yearly please read again, just no new info
So it was, up top. I was looking in the finance section:

1710480173669.png
 
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Winenut

Go AVZ!
So it was, up top. I was looking in the finance section:

View attachment 59110

I did note that the exclusive DD is only until 31 March 2024.

Tick Tock, Tick Tock.....

One would assume we'll be finding out something pretty soon in relation to Locke and/or other parties and the status of funding
 
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Dave Evans

Regular
Count yourself and your plums lucky this time Goat.... 😂

I think the reason everyone's knickers have been in a knot is because we've had a carrot dangled and goalposts moved so we have had constant hope for the last 2 years:
- submitting the ICSID case apparently brought the Gov back to the table
- the IGF Report supposedly brought the Gov back to the table
- the SAMA 2 government was meant to bring change and a result
- then it was the MoU brought the DRC back to the table
- now it's when the ICC rule in favour of us against zijin that will be the first domino to fall

Feels like we've (including management) been constantly led to believe the resolution is just around the corner. Since the AGM my thoughts were that by the end of March we would actually know if we are at a resolution or if we are going the full hog and I think it is pretty clear now to not expect any outcome anytime soon.

If everyone can accept in their own head that this won't get any progress until the ICSID final ruling then it will remove a lot of stress and anger. Yeah worst case we get further dilution if Locke pull out last minute, but if anyone thinks the BoD don't have 3x other backup plans and that we will just run out of funds and bend over then that is just silly.

Might not be a bad idea to do some catch-ups in different cities to vent out loud after a counter meal, wonder if Graeme Johnston is keen for a yarn at Fenians 😂

Not everyone’s knickers are in a knot Scoota, just the shareholders who wear knickers
 
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Scoota30

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wombat74

Top 20
Count yourself and your plums lucky this time Goat.... 😂

I think the reason everyone's knickers have been in a knot is because we've had a carrot dangled and goalposts moved so we have had constant hope for the last 2 years:
- submitting the ICSID case apparently brought the Gov back to the table
- the IGF Report supposedly brought the Gov back to the table
- the SAMA 2 government was meant to bring change and a result
- then it was the MoU brought the DRC back to the table
- now it's when the ICC rule in favour of us against zijin that will be the first domino to fall

Feels like we've (including management) been constantly led to believe the resolution is just around the corner. Since the AGM my thoughts were that by the end of March we would actually know if we are at a resolution or if we are going the full hog and I think it is pretty clear now to not expect any outcome anytime soon.

If everyone can accept in their own head that this won't get any progress until the ICSID final ruling then it will remove a lot of stress and anger. Yeah worst case we get further dilution if Locke pull out last minute, but if anyone thinks the BoD don't have 3x other backup plans and that we will just run out of funds and bend over then that is just silly.

Might not be a bad idea to do some catch-ups in different cities to vent out loud after a counter meal, wonder if Graeme Johnston is keen for a yarn at Fenians 😂
A victory at ICSID won't mean squat if they won't pay . Needs to be sorted without going full ICSID . The company expenses are off the charts . Share holders are being spit roasted . Reamed from both ends .
 
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SilentOne

Regular
A victory at ICSID won't mean squat if they won't pay . Needs to be sorted without going full ICSID . The company expenses are off the charts . Share holders are being spit roasted . Reamed from both ends .
Wombat,

Can you please do your research before you post things like the above.

You just drain my energy when you post things like this.


Regards,

SilentOne - Definitely do your research on what Wombat posts.
 
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lellep

Regular
Who here has the DRC fine calculator?
 
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JAG

Top 20
Juicy 👍👍👍
B77DED95-0574-40AE-B03F-A040157DE2E2.jpeg




793C4EAB-E3FC-4D4A-B2BF-F4506CA27A80.jpeg
 
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Dave Evans

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Ashlee

Regular
Not everyone’s knickers are in a knot Scoota, just the shareholders who wear knickers
I wear Knickers but they aren’t in a knot Lol.
 
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CashKing

Regular
I wear Knickers but they aren’t in a knot Lol.
Ahhhh well there’s another disappointment added to my life 😂

Just kidding Ash 😊
Kinda..

GLTAH
 
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Goat

Regular
A victory at ICSID won't mean squat if they won't pay . Needs to be sorted without going full ICSID . The company expenses are off the charts . Share holders are being spit roasted . Reamed from both ends .
ICSID will be the only vehicle to enforce payment.
Yes shareholders are roasted, but what about the large financial institutions, the super fund traders, sophisticated investors, etc ?.. there are people out there with many millions at stake on a knife edge also, financial pain is mutual across the board.
This could be Nigels last hurrah, I'm sure he wants it to be a good one and he's putting his chesticles on the line for us all despite what everyone is led to believe. He coulda chucked in the towel many moons ago and walked, but didn't.

Anyways. I reckon a rest from here would be good medicine for a few and wait until the next announcement to spit chips again. Go fishing, walking, spend time with family, look after your health and live a little.
 
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wombat74

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Wombat,

Can you please do your research before you post things like the above.

You just drain my energy when you post things like this.


Regards,

SilentOne - Definitely do your research on what Wombat posts.
1710495013703.gif
 
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BRICK

Top 20
Will he even make it through the next few years?
 
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