AVZ Discussion 2022

JAG

Top 20
From The West Australian

Global Lithium Resources dragged into AVZ Minerals drama with ‘board changes’ imminent

The Perth-centric tussle to seize control of Congo cautionary tale AVZ Minerals is believed to be behind a mysterious trading halt by Global Lithium Resources.

Global Lithium paused the exchange of its shares on Tuesday morning “pending an announcement to the market regarding board changes” expected to be released by the end of Thursday.

The West Australian understands the upcoming “board changes” announcement relates to recent developments from the now-delisted AVZ Minerals. Last month Subiaco-registered Resource Capital Investments lobbed an offer to buy up the shares held by AVZ’s institutional investors for 1¢ apiece.

Filings to the corporate regulator revealed that Michael Carrick and Geoff Jones are the directors of Resources Capital Investments.

Mr Jones is also the chairman of Global Lithium.

A spokesman for the West Perth-based Global Lithium declined to comment.

Based on The West’s calculations, Resource Capital’s offer to only the institutional end of AVZ’s register would cost about $5.9m, if all shareholders were to accept.

That slice of shares would have been valued at about $467m back in April 2022, the month before AVZ fell into a trading suspension from which it would never return as disputes over ownership of the Manono project began to unfurl.

AVZ’s board told shareholders not to “surrender” their shares to the “opportunistic and inadequate” Resource Capital offer.

The offer is an attempt to acquire control of the board of directors of AVZ and the Manono project, without paying fair value to shareholders,” AVZ said in a statement.

Will Ferrell Lol GIF by NBA
And furthermore, well done to those who spent time digging up the dirt on the corrupt unaustralian cu%$s

Your efforts on behalf of holders is appreciated.
the simpsons GIF
 
  • Like
  • Fire
  • Love
Reactions: 52 users

Xerof

Biding my Time 1971
  • Like
  • Thinking
Reactions: 16 users

Cumquat Cap

Regular
Huljich sold $anl key asset to Simon Cong cheap and received kickbacks no doubt.

Peter Huljich reputation is fkn dirt and I will spend next decades making sure any prospective shareholders of his companies know he is a Chinese sychophant and all around dumb cunt.

Some wins on the board for the good guys
 
  • Like
  • Fire
Reactions: 39 users

Xerof

Biding my Time 1971
By the way, Ty, der geist et al and Jamie Mitchell have gone awfully quiet. Have they got socks stuffed down their throats and pineapples up their arses?
 
  • Like
  • Haha
  • Fire
Reactions: 32 users

Dom1974

Regular
More than likely, ASIC has stepped in. Would any shares managed to be bought by Carrick and Geoff be returned back to innocent shareholders?
 
  • Like
  • Thinking
Reactions: 10 users
More than likely, ASIC has stepped in. Would any shares managed to be bought by Carrick and Geoff be returned back to innocent shareholders?
Hopefully ASIC are investigating. they just got reamed by a senate inquiry which essentially highlighted they have failed to fulfil its regulatory duties. Can look up the report online or search on the other forum.
ASIC will need to show they are actually competent so perhaps will look for opportunities like the AVZ shenanigans to show they are actually doing something.
 
  • Like
  • Fire
  • Haha
Reactions: 24 users

Scoota30

Regular
Eat a bag of dicks Geoff Jones
Eat a bag of dicks Peter Huljich
Next off the ranks RTG to get rid of Carrotdick then he can eat a bag of dicks too

The Circle Reaction GIF by The Circle Netflix (US)
 
Last edited:
  • Like
  • Haha
  • Fire
Reactions: 23 users

BRICK

Regular
Eat a bag of dicks Geoff Jones
Eat a bag of dicks Peter Huljich
Next off the ranks RTG to get rid of Carrotdick then he can eat a bag of dicks too

The Circle Reaction GIF by The Circle Netflix (US)
Im telling you i will only be happy when i see them doing this




source.gif
 
  • Haha
  • Like
Reactions: 10 users

Scoota30

Regular
  • Haha
  • Like
Reactions: 6 users
Well done everyone. Who says the power of the people doesn’t pay off. Geoff Jones
mr bean GIF
 
  • Like
  • Haha
  • Fire
Reactions: 25 users

Dijon101

Regular
these cunts deserve to go to jail.
 
  • Like
  • Fire
  • Love
Reactions: 19 users

Bray

Regular
Comineire/DRC/China :
What the hell am I doing here? You've got nothing on me. I'm covered. Call the Joint Chief.

ICSID/AVZ :
That won't be necessary, cunts, as I have already received no less than a dozen calls from highly-ranked and powerfully-placed individuals telling me to let you go, but the joy of checks and balances in our government is that I can, and am, indeed, required by law, to tell them to fuck off.
 
  • Haha
  • Like
  • Fire
Reactions: 8 users

Frank

Top 20
Last edited:
  • Like
  • Fire
  • Thinking
Reactions: 27 users

Pokok

Regular
Everything I read is all well and good but not 1 mention of AVZ in any context people can keep sucking all this info but to me it means nothing . I want justice and I want my fucken stollen money now you fucken low life cunts , australian ha your no more australian than fried rice , you betrayed the way of life our ancestors died for you support the yellow peril fuck i hope i can meet you in a dark alley one day ,
 
  • Like
  • Fire
  • Love
Reactions: 9 users

webclever

Member

In the province of Tanganyika, Cyprien Kitanga Kibale, administrator of the Manono territory, is suspended from his duties on the proposal of the provincial Minister of the Interior and Security​

 
  • Like
  • Thinking
Reactions: 8 users
Eat a bag of dicks Geoff Jones
Eat a bag of dicks Peter Huljich
Next off the ranks RTG to get rid of Carrotdick then he can eat a bag of dicks too
The Circle Reaction GIF by The Circle Netflix (US)
Funny enough you can buy a bag of dicks and mail them for the low low price of OH would you look at that? 12 bucks a pop. Same price we'll let our shares go for!
 

Attachments

  • Screenshot_20240709_222832_Chrome.jpg
    Screenshot_20240709_222832_Chrome.jpg
    617.5 KB · Views: 30
  • Haha
  • Like
  • Fire
Reactions: 8 users

Jazz

Regular
Funny enough you can buy a bag of dicks and mail them for the low low price of OH would you look at that? 12 bucks a pop. Same price we'll let our shares go for!
9 King Albert Road, Trigg, WA 6029
 
  • Haha
  • Like
  • Thinking
Reactions: 12 users

robface

Regular
 
  • Like
  • Love
Reactions: 13 users
Quick question, why is everyone so certain the board changes at Global Lithium is positive for AVZ? Could equally be coincidental or a non-event or even negative for AVZ. Am I missing something?

Also anyone have the next ICSID or ICC important date??
 
  • Like
  • Thinking
Reactions: 2 users

Winenut

Go AVZ!
Quick question, why is everyone so certain the board changes at Global Lithium is positive for AVZ? Could equally be coincidental or a non-event or even negative for AVZ. Am I missing something?

Also anyone have the next ICSID or ICC important date??
Thank you for putting up the question. I’ve got no understanding or position on GL1 and Jones yet cause I just don’t have any information.
 
  • Haha
  • Like
Reactions: 4 users
Top Bottom