AVZ Discussion 2022

[BRICK]

So I have to continue being allegedly oppressed just because some overpriced bozo lacks time management skills?

Lame

These overpriced bozos love poor time managment as their primary excuse to sandbag a case.

meanwhile.... the Chinese want huge lips and limp dick to delay delay delay...

Then theyre off to go do coke and hookers with brucey Lurman while Hoots sucks his fat chode..

OOps, hi Hoots

 

[BRICK]

View attachment 60280


This is the Martin Bennett on the far right, he was sitting during the AGM front row with Big Dick, trying to interfere with the ongoings.

People present during the AGM will have seen him.

Dunno if you were at the AGM, if you weren't you missed seeing him doing a runner with his big fat tail between his legs.

ITS SHIT FUCKEN FINGER FOOD ON THAT TABLE.
BUNCH OF TIGHTARSES..
"OOOHHH HAVE A PICE OF SHIT WRAPPED IN MEAT WITH AN ICECREAM STICK STUCK UP ITS ARSE"

Gina would do way better

 

[Cumquat Cap]

Hoots is a massive cockhead I hope he reads this. Went short and had been fucked thus far

 

[Hudnut]

Matin Bennett is Fat Tail's lawyer and probably is a tat busy with a more important case, it could well have something to do with the delay.

Nowhere near as important. Someone said someting nasty about a politician with a possible defamation payout at stake, vs 20,000 people getting fucked over by a foreign state backed entity with billions and control of the world's largest lithium deposit at stake.

 

[Winenut]

Hoots is a massive cockhead I hope he reads this. Went short and had been fucked thus far

Hi Hoots!!

Hi Baggy Waggy!!! (is that the right spelling???)

It's so irrelevant it really doesn't matter does it.....

 

[Mr_Tones83]

Well every time previously that it's been delayed, it has always been updated with a new date of the hearing so i'm quietly optimistic that it may be different this time. The e-courts website is updated nightly though, so maybe tomorrow might have a better idea

They haven't run off with their fat tail between their legs like we'd hoped. Just kicked the can down the road AGAIN to 17th June.

 

[tonster66]

Wouldnt surprise me if fat tail do the same thing again at this years agm.

 

[Hudnut]

Wouldnt surprise me if fat tail do the same thing again at this years agm.

Then we'll just have to tell them to fuck off again.

Even if we decide to make changes to the board, I'll never vote for any of those fuckers.

If they want to increase the number of shares in their voting block I'll sell mine to them off market.

$15 a share, plus $1 a share for each coup attempt, plus 2 AVZ caps.

 

[wombat74]

Wouldnt surprise me if fat tail do the same thing again at this years agm.

Will there be an AGM if AVZ delist ?

 

[Roon]

Will there be an AGM if AVZ delist ?

Yes. It's still a public company

In a company delisted from the ASX, "shareholders will continue to have the protections applicable to public companies under the Corporations Act. While the Company continues to have in excess of 100 Shareholders, the Company will be an ‘unlisted disclosing entity’ for the purposes of the Corporations Act, and will therefore remain subject to the continuous disclosure provisions in section 675 of the Corporations Act, which require an entity to lodge certain material information with ASIC.

The Company will also continue to be subject to obligations to prepare audited annual and half-yearly financial statements under Part 2M.3 of the Corporations Act and will be required to hold an Annual General Meeting at least once each calendar year and within five months after the end of its financial year in accordance with section 250N of the Corporations Act."

I think its now getting to a point of near-certainty that we'll be delisted. It's not the end of the world, though it'll no doubt be useful propaganda fodder for our opponents.

 

[Cumquat Cap]

Anyone heard how the icc case against cominiere went yesterday? They’re already printing hit pieces over in the Congo so I assume it went as we expected

 

[Hodlandwin69]

Anyone heard how the icc case against cominiere went yesterday? They’re already printing hit pieces over in the Congo so I assume it went as we expected

Damn didn't realise there was one. Maybe the Perth one had to pause because of AVZ having a case at the ICC....

 

[TheCount]

Anyone heard how the icc case against cominiere went yesterday? They’re already printing hit pieces over in the Congo so I assume it went as we expected

Just waiting on Tommy tea bag to truthfully report the AVZ win .

 

[Cumquat Cap]

The liquidation meeting in regards to coniniere not adhering to interim orders. No doubt a short meeting with a bunch of illiterate fuckwits.

I wonder how Zijin/com law firm (Gassin?) are explaining all these losses to their clients. Disgraceful

 

[Pokok]

Yes. It's still a public company

In a company delisted from the ASX, "shareholders will continue to have the protections applicable to public companies under the Corporations Act. While the Company continues to have in excess of 100 Shareholders, the Company will be an ‘unlisted disclosing entity’ for the purposes of the Corporations Act, and will therefore remain subject to the continuous disclosure provisions in section 675 of the Corporations Act, which require an entity to lodge certain material information with ASIC.

The Company will also continue to be subject to obligations to prepare audited annual and half-yearly financial statements under Part 2M.3 of the Corporations Act and will be required to hold an Annual General Meeting at least once each calendar year and within five months after the end of its financial year in accordance with section 250N of the Corporations Act."

I think its now getting to a point of near-certainty that we'll be delisted. It's not the end of the world, though it'll no doubt be useful propaganda fodder for our opponents.

It was a near certainty AVZ was going to be listed when we saw how many court cases and hoops we had to jump through , very disappointed a great company that could have created so much wealth for many hard working Australians has fallen which I now think will not recover anytime soon , the thought of any other company TA is just a dream now , lets say this years AGM will need to be filled with questions and I trust that the Fat Fuc$% tails are banned from entering so we can have a decent question time with honest answers . Very disappointing 2 years .

 

[marksmann007]

I really hope management are making a strong case to the ASX for a 3-6 month extension.
Every other bloody imminent thing AVZ related gets extended so why not this?
I’m not liking the idea of delisting, more ammunition for the corrupt arseholes. Still plenty of unfinished business & moving parts at play here in the short term.
Delisting AVZ now doesn’t make sense.

 

[protoje]

https://x.com/aldysheky/status/1776168830135386226?s=46&t=eMR_2PPrXd0wNDfxtAYHpg

 

[Carlos Danger]

I really hope management are making a strong case to the ASX for a 3-6 month extension.
Every other bloody imminent thing AVZ related gets extended so why not this?
I’m not liking the idea of delisting, more ammunition for the corrupt arseholes. Still plenty of unfinished business & moving parts at play here in the short term.
Delisting AVZ now doesn’t make sense.

Nothing will change in the 3 to 6 months after the 2 year suspension date so what's the point. I can't find the post but from memory someone who wrote a summary of the latest AGM noted Nigel wasn't that bothered by the prospect of us being delisted.

I wouldn't be either if I was getting 400k a year plus paying myself a 240k bonus during suspension for the inconvenience of being in the country where our only asset is for 2/3 of a year after not going there for a couple of years because I was scared of sniffles.

It's abundantly clear that unless we give up our claim to the north that we waived we will need to spend years if not decades chasing our money. And at this point even that probably won't be enough under current management.

 

[Hudnut]

I really hope management are making a strong case to the ASX for a 3-6 month extension.
Every other bloody imminent thing AVZ related gets extended so why not this?
I’m not liking the idea of delisting, more ammunition for the corrupt arseholes. Still plenty of unfinished business & moving parts at play here in the short term.
Delisting AVZ now doesn’t make sense.

Unfortunately, it'll be a hail mary I think.
While ASX listing rule 17.12 removed the 2 year suspension rule, Guidance Note 33 is still in effect.
This effectively brought in 2 year rule back into play on 3/2/2020.
An extension will only be granted if we are in the final stages of implementing a transaction that brings us back into resuming trading, and that transaction has been released to market.

Alternatively as others have pointed out before, we need to comply with listing rules that we have decided not to comply with (which resulted in our involuntary suspension). I can't see the ASX giving us an extension given we've decided not to comply with listing rules for 2 years.

 

[Hudnut]

Nothing will change in the 3 to 6 months after the 2 year suspension date so what's the point. I can't find the post but from memory someone who wrote a summary of the latest AGM noted Nigel wasn't that bothered by the prospect of us being delisted.

I wouldn't be either if I was getting 400k a year plus paying myself a 240k bonus during suspension for the inconvenience of being in the country where our only asset is for 2/3 of a year after not going there for a couple of years because I was scared of sniffles.

It's abundantly clear that unless we give up our claim to the north that we waived we will need to spend years if not decades chasing our money. And at this point even that probably won't be enough under current management.

Yep. We're in for a long haul I think.

I'd like to know when we get an outcome re: liquidation of fines hearing that was supposed to have been held on Wednesday. We're going to need funding.