AVZ Discussion 2022
- Thread starter GazDix
- Start date
RHyNO
Regular
We have legal title over the tenement, so why are we letting zinjin? I think is the real question. Of course I’ll get the hit brigade here shouting me down. But why if our legal title is so good. Are we not securing the tenement? How is this not top of our list? A nice shareholder announcement “we have secured our tenement with contracted security and ensured all entities other than AVZ are expelled from what is legally ours”. But of course this would require 2 things.It fucking kills me that Zijin are just doing stuff on the tenement with impunity. FFS does anyone in authority in the DRC have the capacity and will to step in and put a stop to the illegal activity???.. Fuck me!
1. Actual good legal title (looking less good and less legal now)
2. A CEO and BOD interested in working for their money.
I don’t see either, but maybe that’s because the guys have gone quiet. (Cue the hopium addicts screaming “I have faith” “ there are things going on behind the scenes”
Samus
Top 20
Felix or his government haven't even mentioned AVZ since he introduced us as a member of the DRC battery council in November 2021 two and a half years ago.
Meanwhile the Chinese progress the stolen tenement despite stop work orders and costly arbitrations.
Seems to me that the Chinese have either got Felix by the balls or by the hip pocket and likely both.
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oxxa23
Regular
perhaps they've been advised that having security guards on the boundary with guns isn't such a pragmatic approach... we don't know that they haven't been advised against this... things escalate with jijin with guns in hand... well the ML will be the least of our issues potentially then...
Felix is a Chinese Puppet . China wants Lithium . Felix f--ks AVZ . His Ministers are just the layer of bull sh1t he is using to distance himself from the situation . Ever heard Felix say the words AVZ Minerals ?Nigel was obviously getting some good vibes in the early days . It's called being hood winked . Even Nigel with more than 20 years experience in the corrupted cesspit sh1t hole of Africa was unable to detect it . Felix was sweeping clean . The DRC was heading into a brand new era of rainbows and lollipops . Lets just hope the Yanks give a f--k about who controls the world Lithium market for the next 50 years . Giddy Up . IMO
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RHyNO
Regular
Agree. But you’re assuming that it would elevate to a gunfight. Good security would simply secure the site using fencing and maintain a regular patrol. If shots are fired while securing something that is legally ours against a corrupt Chinese company. I say fire away!
With Zijin movements on our tenement surely there is some mechanism that we can apply to ICSID and ICC to give them an update of what is actually happening. An “interim order update” or similar so that ICSID and ICC can give an official warning to all involved of repercussions if orders are continually ignored.
Having to wait for timeline and hearing dates only exacerbates the situation.
Fingers crossed for some good news soon.
Having to wait for timeline and hearing dates only exacerbates the situation.
Fingers crossed for some good news soon.
We have pushed emergency arbitration in a timely manner through ICC before. Not sure why they not doing so again.
Samus
Top 20
oxxa23
Regular
you're also assuming they haven't been advised by in country lawyers to not do this.... we dont know...
oddly enough i'm no DRC in country specialist... i'll go off their decisons (like it or not)
RHyNO
Regular
Yeah fair point mate. Cheers for the balanced insight
oxxa23
Regular
all good, i have no idea whether i'm right... we can only have a bit of trust in them hopefully getting the right advice...
Shorts dropping always positive. Makes me very curious though that it was such a big drop so suddenly.... Was it just one big shorter closing out? And does shortman actually continue to receive reliable shorts info if the company isn't publicly traded anymore?
At least though this looks like an actual drop and not just one of the weird blips they sometimes get on the graph.
Cumquat Cap
Regular
What’s curious is the venom still coming from our detractors over on the other site, Cleary they aren’t shorters otherwise you’d just cover and move on? The fact they are spending days on end down ramping is still a positive sign for me. Very quiet from an info perspective currently
Winenut
Go AVZ!
Shorts dropping means they're closing out
They win and are happy
Those selling to them are probably getting fuck all for their shares and totally reamed and providing the shorters with the escape hatch
Personally I'd prefer it if no-one was selling to the shorters and they couldn't close their positions to eventually get absolutely fucked if/when AVZ comes good and the price puts the shorters well out of the money
But hey.....that's just a little dream I have that I still hope comes true
Ye
Yeah I know, but we keep talking about shorterS plural. Did they all coordinate to close at the same time? Or is that whole chunk of shorting show there was a single major player involved?Shorts dropping means they're closing out
They win and are happy
Those selling to them are probably getting fuck all for their shares and totally reamed and providing the shorters with the escape hatch
Personally I'd prefer it if no-one was selling to the shorters and they couldn't close their positions to eventually get absolutely fucked if/when AVZ comes good and the price puts the shorters well out of the money
But hey.....that's just a little dream I have that I still hope comes true
Schnitzelfresser
Regular
Shorts closing is not a good sign here. They got the best price ever to close out...what to wait for.
Remark
Top 20
Cool story, needs some dragons though...
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