AVZ Discussion 2022

[wombat74]

Just curious in case we can get out of this sh*t hole,( big IF) what will be your next play ?

I don't need anything .......

 

[Winenut]

Anyone lucky enough to be on OSX today?

 

[Xerof]

Anyone lucky enough to be on OSX today?

Obviously not mate, but I would have sold at .75 if I had been holding

 

[BEISHA]

There's a few ways it can be done

Given that most likely the buyer will be Chinese they will buy our 75% of Dathcom as FIRB won't allow them to take over AVZ on the ASX

It will then be up to management how to proceed. Either wind up the company and pay out all cash as a special dividend or pay out some cash and continue operations with a new tenement in another country like a totally random example of Tanzania

Obviously if buyer is not Chinese or from another hostile state then they would most likely just buy us out on the ASX without the need for us to trade again but that is extremely unlikely

Either way 'shareholders would have to sign off on the deal and ot (sic) would have to be commercial - that is we get money' according to the dear leader but that was said privately only to select shareholders lmao

I understand the theory Carlos about China TO of Dathcom not AVZ aka FIRB, but i highly doubt Australia / West are going to allow that to happen given the strategic nature of Manono.

I can see a European / US TO being successful given the rest of the world is looking to capture supply chains outside of China, that would make sense, but allowing China to capture Manono, makes no sense at all........bat shit crazy if you asked me!

 

[BEISHA]

Actualité | Composition du gouvernement: la loi du nombre | mediacongo.net

Deux mois après le début du deuxième mandat du président Félix Tshisekedi, les congolais attendent avec impatience la nomination du nouveau...

www.mediacongo.net

( right button click english translation )

Almost 3 months since FT won the election via fake landslide, composition of Government still not formed.

 

[oxxa23]

Just curious in case we can get out of this sh*t hole,( big IF) what will be your next play ?

One capital manager I know of does direct asx 200 shares portfolios for investors.... they buy say a dozen top 200 stocks, then they sell options on those shares and collext dividends.... nets about 13% income yield and usually growth of modest amounts....

 

[TDITD]

Literally me at FIRB headquarters if Zijin offer $12 a share for the 75% of Dathcom which is accepted by the bod and it receives shareholder approval but FIRB block it
View attachment 59960

20,000 AVZ Shareholders in Panda suits storming FIRB HQ!

 

[Winenut]

I understand the theory Carlos about China TO of Dathcom not AVZ aka FIRB, but i highly doubt Australia / West are going to allow that to happen given the strategic nature of Manono.

I can see a European / US TO being successful given the rest of the world is looking to capture supply chains outside of China, that would make sense, but allowing China to capture Manono, makes no sense at all........bat shit crazy if you asked me!

I'm not sure but Dathcom (I believe) is not domiciled in Oz. So I'm not convinced the FIRB has any say in what happens to the ownership of that entity. Not being a pain here Beish. But yes if someone tries to "own" AVZ in OZ then FIRB interest might be raised and have an influence. But the shareholding status of Dathcom? .....I'm still not sure on whether there is any restriction or jurisdiction that has any impact on that?

 

[CHB]

Think we will get an announcement today regarding Locke?

 

[Xerof]

Think we will get an announcement today regarding Locke?

Nah, leave it till next week, let tolate shrill louder for a harder crash landing

 

[Cumquat Cap]

Tolate and Hoots are absolute fucking idiots

 

[BEISHA]

Literally me at FIRB headquarters if Zijin offer $12 a share for the 75% of Dathcom which is accepted by the bod and it receives shareholder approval but FIRB block it
View attachment 59960

Hey dont get me wrong , i would be your panda brother joining you...

 

[BEISHA]

I'm not sure but Dathcom (I believe) is not domiciled in Oz. So I'm not convinced the FIRB has any say in what happens to the ownership of that entity. Not being a pain here Beish. But yes if someone tries to "own" AVZ in OZ then FIRB interest might be raised and have an influence. But the shareholding status of Dathcom? .....I'm still not sure on whether there is any restriction or jurisdiction that has any impact on that?

Your not being a pain at all, we are all just theorising at the end of the day, our BOD would know, but unfortunately there was no question time at the last AGM, which would of been a great time to pose that possibility. BTW, I did get to ask Nigel personally if there were any TO offers presented, he replied.........NO.

 

[Thaz]

Literally me at FIRB headquarters if Zijin offer $12 a share for the 75% of Dathcom which is accepted by the bod and it receives shareholder approval but FIRB block it
View attachment 59960

Annoying, yes. But it'll form a new base for the value of the shares, no?

 

[cruiser51]

Your not being a pain at all, we are all just theorising at the end of the day, our BOD would know, but unfortunately there was no question time at the last AGM, which would of been a great time to pose that possibility. BTW, I did get to ask Nigel personally if there were any TO offers presented, he replied.........NO.

AVZ(International) the current shareholder of 75% of Dathcom is based in Singapore, no need to don your eskimo suit and race with a chainsaw into a FIRB office to make some modifications.
It could well be it is the reason 'The Elbow' is not lending a hand, it is not his show.

 

[Carlos Danger]

Think we will get an announcement today regarding Locke?

Hope so. If not then what are the odds of Locke completing their due diligence on Easter weekend?

 

[CHB]

Hope so. If not then what are the odds of Locke completing their due diligence on Easter weekend?
View attachment 59987

Decision made IMO (whatever the decision is)

Just depends if they announce today or next Tuesday.

 

[Winenut]

Something is imminent

Not exactly sure what "it" is......but it's definitely........"imminent"

 

[Mute22]

Something is imminent

Not exactly sure what "it" is......but it's definitely........"imminent"

 

[Remark]

His imminence Nigel Ferguson will release the announcement at his leisure