Fair enough.
I personally see it as another stall tactic. I'm doubtful we mine too.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
I personally see it as another stall tactic. I'm doubtful we mine too.
Cumquat Cap
Regular
Yeah I thought stall as well but choose to stay positive based on some things I’m hearing.
Once we get funding sorted we can stall a hell of a long time which will have disastrous affects on DRC economy. But Felix is a corrupt piece of shit sadly so who knows.
Long fall from grace from what he was expected to be/platform he ran on
Once we get funding sorted we can stall a hell of a long time which will have disastrous affects on DRC economy. But Felix is a corrupt piece of shit sadly so who knows.
Long fall from grace from what he was expected to be/platform he ran on
Cumquat Cap
Regular
10th may or thereabouts I think, I think we get delisted sadly. Unfortunate but makes no real difference to our current plight.
We have been fucked without lube repeatedly for 2 years, time for some further explanation. Assume a few announcements coming in next week or so
We have been fucked without lube repeatedly for 2 years, time for some further explanation. Assume a few announcements coming in next week or so
I find it strange that the only reason I know(ish) we are being de-listed is because of these forums. Wouldn't you think there'd be some announcement from the company to let us know what it means, what to expect and a bit of reassurance?
This is the first stock I have that's to be de-listed (and my largest holding) so maybe no announcement means there is a ray of hope ASX aren't actually de-listing us? Or is that a pipe dream...
This is the first stock I have that's to be de-listed (and my largest holding) so maybe no announcement means there is a ray of hope ASX aren't actually de-listing us? Or is that a pipe dream...
Are the Yanks still hovering around ? What's the likelihood of them taking Roche Dure ? After they pay us of course .
'Makes no real difference to current plight'
I'd agree with that but you watch the trolls come out in force when it happens.
Cumquat Cap
Regular
Pretty sure the shorts are even more fucked then us if we go unlisted? Assuming we get bought out which I’m sure is the plan.
Can anyone confirm what happens to shorts when a company gets delisted?
Can anyone confirm what happens to shorts when a company gets delisted?
Cumquat Cap
Regular
**as long as we don’t go bankrupt
Shorters will still have to pay interest on their margin loan regardless until the position is closed out, so essentially, they are fucked over.
First of all, deep sympathy that AVZ is your largest holding and your first de listed stock, not a nice feeling!
For me, AVZ would be my 3rd delisted stock ( VEC, WFE were the others), should it happen, so i am accustomed to this shit unfortunately.
I dont wish to squash your pipe dream, but just because there is no ASX announcement yet regards to potential delisting, doesnt mean it won t happen....
IMO, it would be a miracle if AVZ doesnt delist if you asked me, we could get a stay of execution should AVZ advise ASX that a significant FA event was on the horizon i suppose ( MOU / ML ), but given we have heard crickets about that, not hopeful.
As others have said, being delisted is not the end of the world as AVZ goes down the ICSID / ICC arbitration path, but its a long and windy road and even more head fucks to be had i would imagine....
Including this .....
That being said, WFE did relist with the ASX, but it came back as a different ticker code, different project in a much shorter time frame, maybe some of the brains trust on this forum can allude to more on that than i....
Personally, i wish to avoid all this shit and hope that the AVZ bod can organise a compromise aka a MOU / ML........ ASAP !
If it comes down to it, let the Zijin / Cominiere traitorous cunts have CDL in its entirety and we get ML for RD and get back to trading , thus allowing a way out for longs if a TO is not on the horizon.
Just my thoughts.
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Sorry mate can you confirm that for me please?First of all, deep sympathy that AVZ is your largest holding and your first de listed stock, not a nice feeling!
For me, AVZ would be my 3rd delisted stock ( VEC, WFE were the others), should it happen, so i am accustomed to this shit unfortunately.
I dont wish to squash your pipe dream, but just because there is no ASX announcement yet regards to potential delisting, doesnt mean it won t happen....
IMO, it would be a miracle if AVZ doesnt delist if you asked me, we could get a stay of execution should AVZ advise ASX that a significant FA event was on the horizon i suppose ( MOU / ML ), but given we have heard crickets about that, not hopeful.
As others have said, being delisted is not the end of the world as AVZ goes down the ICSID / ICC arbitration path, but its a long and windy road and even more head fucks to be had i would imagine....
Including this .....
View attachment 61769
Personally, i wish to avoid all this shit and hope that the AVZ bod can organise a compromise aka a MOU / ML........ ASAP !
If it comes down to it, let the Zijin / Cominiere traitorous cunts have CDL in its entirety and we get ML for RD and get back to trading , thus allowing a way out for longs if a TO is not on the horizon.
Just my thoughts.
So if the ASX delists AVZ AVZ cannot relist for 10 years? Can they change name and relist ( or whatever WFE and pathfinder did ) ?
That'll do me for me today, im going to the pub.
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Thanks mate, either way its more money we need and thats something we dont have!
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Don't doubt your info Beisha but surely if it is ruled that AVZ has been forced into delisting due to no fault of their own (especially due to corruption) they can overcome this. Hopefully re-listing could expedited by a few paragraphs aimed at the ASX from the ICSID when final rulings are produced.
Look, i am happy to be corrected and certainly hope their is a condition on the ASX that allows for coy that have been forced to delist thru no fault of their own to relist in a reasonable time frame, that being said, final ICSID / ICC arbitration rulings may not be forth coming until 2025+ so the map going forward is arduous and murky none the less.
Not trying to be the prophet of doom, just being realistic.
Yeah mate all good, appreciate any real info posted, good or bad.
Scoota30
Regular
Why would directors not be in it for the long haul? It's been two years now and you could argue that the leg work has already been done. Why would they not just continue on as I would imagine any moves made would be at the recommendation/guidance of DLA piper? All they need to do now is sit back and enjoy the show like we all are, except we aren't being paid a salary.
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