AVZ Discussion 2022
- Thread starter GazDix
- Start date
Bit quiet - some light reading on China. Pack of -++-s!
www.bbc.com
Tensions grow as China ramps up global mining for green tech
China has taken big stakes in mines across the world extracting minerals vital to the green economy.
Also worth a read.
thedriven.io
China battery price war could soon make electric cars cheaper. Here’s how
The high cost of energy-dense batteries has meant EVs have long been more expensive than their fossil fuel equivalents. This could change faster than we thought.
thedriven.io
Azzler
Top 20
We knew it was coming, AVZ delisting.
"AVZ Minerals Limited is now an unlisted disclosing entity and continues to be required to fulfill all of
the obligations of the Corporations Act including continuous disclosure obligations. "
Sobering, but it's the course we are on.
It's not about being on the ASX, it's about getting a return.
I believe the Boss is working very hard on exactly this, and we are looking to sell this soon. IMO.
At that point, shareholders would get a payout.
"AVZ Minerals Limited is now an unlisted disclosing entity and continues to be required to fulfill all of
the obligations of the Corporations Act including continuous disclosure obligations. "
Sobering, but it's the course we are on.
It's not about being on the ASX, it's about getting a return.
I believe the Boss is working very hard on exactly this, and we are looking to sell this soon. IMO.
At that point, shareholders would get a payout.
Azzler
Top 20
Not at all, relax and do some research.
RHyNO
Regular
We have concluded as the millionaires you gave your money to that we should infact keep your money in your best interests to achieve what we have not been able to achieve for 2 years because the corrupt regime we went into business with blindsided us by being a corrupt regime. We appreciate this is frustrating but we don’t find it frustrating because we’ll we are still getting paid millions by you to do what we clearly cannot. Thank you
Scoota30
Regular
"operating as a listed entity gives rise to inherent complications for the Company as it seeks to advance its strategy for the resolution of the key disputes and the advancement of the development of the Manono Project."
"AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets."
Is this the first time they've actually mentioned the possibility of selling in an announcement or have I just lost my marbles?
Edit: can someone please define assets for me, are they talking about the cranes and land cruisers or the multi billion dollar deposit.....come on
"AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets."
Is this the first time they've actually mentioned the possibility of selling in an announcement or have I just lost my marbles?
Edit: can someone please define assets for me, are they talking about the cranes and land cruisers or the multi billion dollar deposit.....come on
Azzler
Top 20
No they mean the big boiz. The Big guns, $$$"operating as a listed entity gives rise to inherent complications for the Company as it seeks to advance its strategy for the resolution of the key disputes and the advancement of the development of the Manono Project."
"AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets."
Is this the first time they've actually mentioned the possibility of selling in an announcement or have I just lost my marbles?
Edit: can someone please define assets for me, are they talking about the cranes and land cruisers or the multi billion dollar deposit.....come on
imo
RHyNO
Regular
Sorry to hear it mate. It’s brutal feeling I’m sharing it with you. I’d love to kick down some fucking doors and find out what these overpaid fuckers have been doing for 2 FUCKING YEARS!!!!!! Absolute disgrace. How can they possible justify their pay checks when the shareholders continue to suffer like this.
How did you go from "we are delisting because DRC are ignoring court orders" to someone's buying us out in the billions?
Bray
Regular
feel ya pain big fella, 4 hard years working 12-16 hours a day in remote qld in the stinking ass heat and humidity to being gone just like that
Tommy,
Just because someone is a millionaire does not mean they are morally bankrupt and are not working hard for the shareholders.
My perspective is and this is only my opinion is that they have made the correct decision to de-list.
Oh I look forward to seeing the shorters try and settle their positions.
ShortMan - Short position graph for AVZ
Short position graph and statistics for AVZ
Regards,
SilentOne
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