Hemicuda
Regular
another nic?
AVZ Discussion 2022
- Thread starter GazDix
- Start date
So you just popped in to whinge about the whingers. Right.That’s because you’re one. Unlike you and the other whingers, Nigel fights for AVZ every day and if he finally manages to get shareholders a substantial return on our investment after having to fight all the corrupt actors working against us, the most embarrassing thing in all this will be that whiners like you won’t even feel embarrassed by all your whining
You know what you have always said “The tribe has spoken”
Get the tribe to vote me off. I’m that sick of fucken whingers like you I don’t give a fuck, it’s why I post on other threads now.
You always were a funny guy, Bags. Thanx for the lolz. Every forum needs a clown. You'll be sorely missed.
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Winenut
Go AVZ!
Well for the record I look at the quantity and quality of the posts on this thread and other threads directly related to AVZ and the current situation
Then I look at other platforms like Twitter X, HC, other stock and public forums to check what's happening there and who's contributing and delve into what they're "really" saying
Then I form some sort of opinion about who is researching, who is "active', who is contributing, who is trying to get info into the public domain, who is maybe "connected" a little more than me, who seems to get intel, who presents their findings or thoughts and also asks questions, who sits on their fat fucking arse, who pontificates, who's a wanker, who's a fucking idiot, who's a fucking sook, who's a bitter troll and who (maybe like me) has an occassional moment of clarity which provides something but other than that it's a bit of light relief to try and get through this shit
Long story short we've got "all" of that here
May as well keep our eyes on the DRC and some of the roadblocking/corrupt bureaucrats, understand what the BoD are dealing with and try to harness the collective postive energy of SH's to promote the right behaviors and do what we can to assist the Board and get the best outcome for all the people of Manono, the DRC and AVZ shareholders
Then I look at other platforms like Twitter X, HC, other stock and public forums to check what's happening there and who's contributing and delve into what they're "really" saying
Then I form some sort of opinion about who is researching, who is "active', who is contributing, who is trying to get info into the public domain, who is maybe "connected" a little more than me, who seems to get intel, who presents their findings or thoughts and also asks questions, who sits on their fat fucking arse, who pontificates, who's a wanker, who's a fucking idiot, who's a fucking sook, who's a bitter troll and who (maybe like me) has an occassional moment of clarity which provides something but other than that it's a bit of light relief to try and get through this shit
Long story short we've got "all" of that here
May as well keep our eyes on the DRC and some of the roadblocking/corrupt bureaucrats, understand what the BoD are dealing with and try to harness the collective postive energy of SH's to promote the right behaviors and do what we can to assist the Board and get the best outcome for all the people of Manono, the DRC and AVZ shareholders
We've all had a bit of angst recently not knowing what is going on and next steps/timing etc.
Nige and co obviously can't give us the whole picture re: legal manoevers etc, but the Friday's ASX announcement has provided some info re: status and some dates.
I've managed to get some time to trawl through the contingencies section of the announcement and summarise status and a timeline for the dates of next steps for us.
Timeline:
A bit more of a summary and notes. Cut down so it isn't War and Peace. Further details in the announcement if you want 'em.
Nige and co obviously can't give us the whole picture re: legal manoevers etc, but the Friday's ASX announcement has provided some info re: status and some dates.
I've managed to get some time to trawl through the contingencies section of the announcement and summarise status and a timeline for the dates of next steps for us.
Timeline:
A bit more of a summary and notes. Cut down so it isn't War and Peace. Further details in the announcement if you want 'em.
Tunedin
One Happy Camper
Nice work, thanks for creating this spreadsheet.
Bray,
You have no idea - have you sat on a board, do you understand what the ICC and ICSID can do. Clearly you are one of these people that didnt do his due diligence and doesnt understand what sovereign risk is especially when if applies to 3rd world countries. I believe Nigel and his team have done an exceptional job in keeping us in the game.
Nigel is not overpaid for what he is doing - yes he has skin in the game over 50 million shares.
You invested in a country and clearly didnt understand the potential risks - thats on you.
Regards,
SilentOne.
From the happenings, attempted happenings, roadshows and visions that the DRC has with regards to mining and battery hubs, the only thing that would progress the country is WAR to rid of the entire political system. The corruption is so rife and deep that no matter what progresses in a positive manner, the next cat up or down the food chain is embedded in corruption with tentacles reaching deep, far and wide. They pretty much need a massive broom to sweep through it all and start with a clean slate via the assistance of a 1st world government.
I'm hopeful of a resolution despite the extended drawn out time lines and what is still yet to come. But I would like AVZ to cut through all the crap in the next 24 months and prop Manono up for sale and either China, US or Europe buy it. Australia doesn't have the punching power to fight off all the mud that will continue to be thrown if AVZ ever decide to mine it. If the US was in there, they would literally bring in a battalion and bomb the next party that tries to shut them down.
Hi Dazmac66
Re: "I just can't see the western world letting our asset be gifted to China by a handful of simpletons".
Unfortunately, that's just what is happening. Western governments, including our own Chinaphile government ignore the plight of AVZ, and only symbolically call out the endemic graft, corruption and bribery that define the Democratic Republic of Corruption (DRC). Our own regional bully-boy, China ignores the rule of law and is up to its chin (no pun intended) in facilitating this corruption. It coverts Manono and will stop at nothing to steal it.
Western governments, including Australia talk about promoting better oversight and regulatory processes in order to fight corruption, but that's where it ends. They get caught up in the niceties of diplomat-speak, and water down any criticisms in the interest of good government relations. While Red Penny Wong licks Xi Jinping's boots, AVZ is abandoned to fight alone.
You would think that the biggest and brightest hardrock lithium resource on the planet would generate plenty of financing and partnering interest from the major western miners with deep pockets and a desire for a high grade resource with longevity and scale. Glencore, SQM, Albermale, BHP and Rio come to mind. However even they are reticent to wade into this swamp for fear of having their assets arbitrarily stripped away and passed on to the equally corrupt Chinese...just as the corrupt-to-the bone DRC government is doing to AVZ. The commercial risk is simply too high.
In the end, AVZ is left to fight this David and Golliath battle single-handedly. Depending on who blinks first, the result is likely a negotiated least-worst option outcome possibly sometime in 2024 while spodumine is in surplus and prices depressed, or it plays out fully over the next couple of years through the international arbitration courts, ICC and ICSID.
Regardless of the final outcome and amount of capital returned to us, we shareholders will lick our wounds and move on to the next big lithium gamble...maybe this time focusing on Canada rather than Africa.
Cheers
F
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Sorry to drain your energy again mate , but can we drop this 'keeping us in the game' bull sh1t . We are still in the game because we are taking legal action . Nothing different from the many other companies that have been through a similar situation . Nigel will be judged on the outcome and not the process . Enjoy your Sunday .
Cumquat Cap
Regular
Although I disagree with most things Wombat says I fully agree that Nigel and board will be judged on the outcome and not how hard they tried or the process. I saved videos from Nigel saying the support he has within the government and mining license imminent, he will be judged on how much money ends up in my bank account as that is his fucking job.
Thats farken brilliant Hudnut, great stuff putting that together !
The " imminent " decision regards to ROFR Jin Cheng is the key , many posters here have said in the past that a positive decision in favour of AVZ could be a domino effect in throwing out the Dathcom JV dispute brought on by Jin Cheng / Cominiere and prompt the newly formed DRC govt to get back on the negotiating table, with AVZ holding a strong hand.
I await the ROFR decision with anticipation...
imo
Fuk me drunk...
So you pop in to whinge about the whingers who whinge about the whingers who whinge...
Now that is really revealing shit mate.
Anything else you investigated?
Fuk I am so glad it's Sunday and I can go to church to whinge like hell.
Thats farken brilliant Hudnut, great stuff putting that together !
The " imminent " decision regards to ROFR Jin Cheng is the key , many posters here have said in the past that a positive decision in favour of AVZ could be a domino effect in throwing out the Dathcom JV dispute brought on by Jin Cheng / Cominiere and prompt the newly formed DRC govt to get back on the negotiating table, with AVZ holding a strong hand.
I await the ROFR decision with anticipation...
imo
I'm keen to see if Dathomir withdraw their application to have Dathcom JV terminated in Lumbashi on the 25th March. That's a definite date, with a specific action in regards to interim orders. Let's see if it eventuates.
All eyes are on the AVZ Bank account . Until we secure funding these scumbags will continue to use delay tactics .
My apologies if this offends anyone .
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Wombat if I listened to you I would have too shoot the kids pony's, sack the missus Tongan swim coach, man after 1 year she can dog paddle, he's good, and maybe lay of my Swiss fondue teacher. I'll cost cut when the fat lady shatters the crystal not by panicking. P
I agree completely. We've got to have the funds to stay alive and in the game.
I'm wondering what the delay to the withdrawal will be.
It's the only date in the "next steps" schedule that is a clear date with an outcome attached.
Everything else is "waiting", "imminent", a submission, or a hearing.
That's why I'm keen to see if anything happens.
Of course any of the decisions we are waiting on could happen at any time as well (including funding confirmation), but the 25th is 8 days away......
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I think it's medication time Wombat
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