AVZ Discussion 2022

Mute22

Regular
Here is the latest sketchy bullshit information regards the Manono project out of the DRC if anyone is interested. Once again they seem to ignore the fact that the deposit is still rightfully owned by AVZ and the ongoing arbitration cases.

The latter mobilized, seeking to quickly secure supplies, encouraged by AVZ Minerals, an Australian firm which had just been withdrawn from this project by the Congolese government, following the publication of information tending to cause the country to lose credibility with other partners.

How can you lose what you don't have?

Will Ferrell Lol GIF
 
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Samus

Top 20
No it won't Womby. AGM coming. Board wont survive it. There's your closure.
You keep saying this spike, what exactly do you mean?
What is your assumption of what will happen?

I am no fan of the BOD but at the same time as a shareholder I personally see them as our only chance to get any sort of return on our investment in the form of damages from the various arbitrations.

If we vote them out, what is the alternate?
Or do we simply lose our investment and we're done and they get off without any consequences for the situation they put us in.
 
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Pokok

Regular
Well I don't need to read anything else , i'm over it give me my future in retirement so sort this fucken shit out I am not interested in reading this shit in 2027
 
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Pokok

Regular
Stay strong well fuck that I am a realist
 
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Frank

Top 20
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Spikerama

Regular
You keep saying this spike, what exactly do you mean?
What is your assumption of what will happen?

I am no fan of the BOD but at the same time as a shareholder I personally see them as our only chance to get any sort of return on our investment in the form of damages from the various arbitrations.

If we vote them out, what is the alternate?
Or do we simply lose our investment and we're done and they get off without any consequences for the situation they put us in.

I keep saying it because that's what I think will happen. I'd prefer if it didn't because while I don't think BOD are perfect, I do believe they are doing their best to resolve this in a way that we all get something.

But I think you are misguided if you think we in here can band together like last time and thwart any hostile shenanigans because I don't think that's where the killer blow will come from. It will be the rest of the 20,000 share holders who have no idea of the real story and are fucked off with what has happened and blame it on the current BOD, no doubt having been recently poisoned by such hostiles as we get near that date.

20,000 yeah? So in here, I estimate there's say... a few thousand who are members. Let's say 50 percent are for and 50 percent are against. So we have a thousand positives. Of which about 100 are active posters and of those 100 about 30 are regular contributors. But I've often noticed even all of those regular 30 aren't all sunshine and rainbows when it comes to the BOD, so we can't really be sure how anyone here will vote.

But the big indicator for me was the last AGM where the BOD received their first strike. That only requires 25%. So it will only require 25% once again for a second strike and then the BOD will be fighting for re-election. I reckon after what has happened there's a fair amount of the uninitiated shareholders (the ones who really have no clue of this entire shit show) will push that 25% higher, which is not really of any concern because it will only take 25% but what concerns me is what happens after. Which is the re-election.

I have nothing against the board but I just keep going over the numbers in my head and I keep looking at the calendar thinking to myself, 'What is the most likely outcome based on what we know to date?'

It's more a case of me being a realist than anything else. Of course I don't really know and as I said, I would love it if my fears don't become our reality.
 
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Frank

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Samus

Top 20
I keep saying it because that's what I think will happen. I'd prefer if it didn't because while I don't think BOD are perfect, I do believe they are doing their best to resolve this in a way that we all get something.

But I think you are misguided if you think we in here can band together like last time and thwart any hostile shenanigans because I don't think that's where the killer blow will come from. It will be the rest of the 20,000 share holders who have no idea of the real story and are fucked of with what has happened and blame it on the current BOD, no doubt having been recently poisoned by such hostiles as we get near that date.

20,000 yeah? So in here, I estimate there's say... a few thousand who are members. Let's say 50 percent are for and 50 percent are against. So we have a thousand positives. Of which about 100 are active posters and of those 100 about 30 are regular contributors. But I've often noticed even all of those regular 30 aren't all sunshine and rainbows when it comes to the BOD, so we can't really be sure how anyone here will vote.

But the big indicator for me was the last AGM where the BOD received their first strike. That only requires 25%. So it will only require 25% once again for a second strike and then the BOD will be fighting for re-election. I reckon after what has happened there's a fair amount of the uninitiated shareholders (the ones who really have no clue of this entire shit show) will push that 25% higher, which is not really of any concern because it will only take 25% but what concerns me is what happens after. Which is the re-election.

I have nothing against the board but I just keep going over the numbers in my head and I keep looking at the calendar thinking to myself, 'What is the most likely outcome based on what we know to date?'

It's more a case of me being a realist than anything else. Of course I don't really know and as I said, I would love it if my fears don't become our reality.
I don't know about all that, the way I see it is pretty simple. Most shareholders will vote in their own best interests.
I don't see why it'll be any different to last time aside from hopefully not having the complication of the MMAGOTS thrown in the mix.
 
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Spikerama

Regular
I don't know about all that, the way I see it is pretty simple. Most shareholders will vote in their own best interests.
I don't see why it'll be any different to last time aside from hopefully not having the complication of the MMAGOTS thrown in the mix.

Fingers crossed mate but I wouldn't bank on it.
 

protoje

Regular
How would replacing the board achieve anything positive? Would the new board suddenly be able to sweep in, chat to Felix over a coffee and get a mining license!?
 
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wombat74

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Fingers crossed mate but I wouldn't bank on it.
The AGM is over 6 months away . This has to be well and truly sorted by then . Either way I have my doubts there will be another AGM . Hopefully for the right reasons .
 
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But the big indicator for me was the last AGM where the BOD received their first strike. That only requires 25%. So it will only require 25% once again for a second strike and then the BOD will be fighting for re-election. I reckon after what has happened there's a fair amount of the uninitiated shareholders (the ones who really have no clue of this entire shit show) will push that 25% higher, which is not really of any concern because it will only take 25% but what concerns me is what happens after. Which is the re-election.
After the inevitable second strike it will move to a conditional resolution where a majority (over 50%) vote will be needed to spill the board so the bod are safe unless another approx 5ish% of the voting rights holders can be swayed to side with the Chinese and those that didn’t vote tactically based on last years numbers imo

Not that Nigel is that worried about it as our money is safe because we get to vote on any potential outcome put forward by mmga or whatever iteration they are by then according to his private words whispered soothingly to the select few 🤫
 
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Remark

Top 20
The "shenanigans", love it. Maybe you can make a cookie cutter, single frame, marketing based image & paste it all over X.

1000004564.jpg

Like this maybe?🤔
 
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Frank

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Bray

Regular
How would replacing the board achieve anything positive? Would the new board suddenly be able to sweep in, chat to Felix over a coffee and get a mining license!?
If the new board were smart they’d offer them a bunch of brown paper bags
 
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robface

Regular
Here is the latest sketchy bullshit information regards the Manono project out of the DRC if anyone is interested. Once again they seem to ignore the fact that the deposit is still rightfully owned by AVZ and the ongoing arbitration cases.
Luckily the reporter who reposted the article has her email in her bio, I'm sure she's got a few reminders of the facts from shareholders.

sonia.rolley@thomsonreuters.com
770k followers can't go unnoticed.
 
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Spikerama

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TLH

Regular
Luckily the reporter who reposted the article has her email in her bio, I'm sure she's got a few reminders of the facts from shareholders.

sonia.rolley@thomsonreuters.com
770k followers can't go unnoticed.
She sounds like a decent report to get on our side if she can get the story right.


'Rolley previously worked for French broadcaster Radio France Internationale, during which time she extensively covered politics, conflict, human rights, and corruption in the DRC. In 2021, her work included the so-called Congo Hold-up investigation, which revealed DRC elites’ alleged embezzlement of public funds.'
 
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Jazz

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SilentOne

Regular
If the new board were smart they’d offer them a bunch of brown paper bags
Bray,

And those Board members would likely be prosecuted in Australia if that was to occur - The BOD I am confident would not consider compromising AVZ and are working hard and lawfully to progress a positive outcome.
 
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