AVZ Discussion 2022

[Mute22]

840 Days since going into suspension.

 

[robface]

Not sure the US will be wanting to invest billions into the DRC to help a stolen Chinese mine export more efficiently.

That's what I thought too, until you look at ownership.

Ownership: Ivanhoe Mines 39.6%
Zijin Mining 39.6% | Crystal River 0.8% | DRC Government 20%

 

[Samus]

I'd like the yanks to move in right next to the Zijin scum. After they pay AVZ.
They'd have a bit more clout behind them than our useless one ambassador who does nothing.

 

[Ashlee]

Does seem odd doesn't it.

Presumably the Chinese would have the transport corridors stitched up (or would be working on it), now that they 'have' Manono.

I think this could be the issue for the DRC the US and others own and operate the Lobito corridor which unlocks the DRC to ports through other countries.

 

[Charbella]

The retweet from Kibeya is quite odd.

x.com

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[Winenut]

The retweet from Kibeya is quite odd.

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everything from Kibeya is odd.....

 

[SilentOne]

 

[JNRB]

"....Zijin citied instances of pushback against their traditional M&A strategy: There is increasing resistance to them trying to Merge unwanted into someone else's resource, and an aparent expectation that they have to pay to Aquire things."

 

[Bin59]

x.com

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Digital Press Briefing with Helena Matza, Wednesday 28 August.

 

[Dazmac66]

Nearly a month since DRC lodged their counter. Be nice to get some more backing from the ICSID to aid any negotiations that may be taking place. Nice to know the whole shit-show is now getting some high level coverage but where is the Australian ambassador during all these deliberations FFS!

 

[Frank]

Would be fair to say the USA would be a better proposition to China at least they are more inclined to follow or abide by the ICISD and ICC rulings.

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[Bin59]

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/66cd47a7d638983dc86b923e/1724729256059/20240827+AVZ+Completes+Successful+Fundraising.pdf

 

[TheCount]

AVZ raises $1.4M in convertible notes.
TC.

 

[Goat]

Well there it is.
NEGOTIATED SETTLEMENT...

It's over.

 

[M.Bison]

Well there it is.
NEGOTIATED SETTLEMENT...

It's over.

What?

 

[JohnJoyce]

Well there it is.
NEGOTIATED SETTLEMENT...

It's over.

“With a view to”

 

[Carlos Danger]

AVZ raises $1.4M in convertible notes.
TC. View attachment 68570

5-year term, 12% per annum coupon and conversion price at a 15% discount to the deemed or implied value of shares in AVZ under a change of control, IPO or material fundraising

Can you feel the tension? I can. I can feel it down in my plums. They're getting a nice bluish hue.

 

[j.l]

AVZ raises $1.4M in convertible notes.
TC. View attachment 68570

Doesn't seem like all that much in the scheme of things. Keeps the lights on for 6-12 months.

If Locke doesn't come through then what? I can't see another round of convertible notes raising any more.

What on earth could be holding the Locke deal up?

 

[j.l]

5-year term, 12% per annum coupon and conversion price at a 15% discount to the deemed or implied value of shares in AVZ under a change of control, IPO or material fundraising

Can you feel the tension? I can. I can feel it down in my plums. They're getting a nice bluish hue.

View attachment 68573

The tension of slow strangulation? That turns things blue

 

[Xerof]

Doesn't seem like all that much in the scheme of things. Keeps the lights on for 6-12 months.

If Locke doesn't come through then what? I can't see another round of convertible notes raising any more.

What on earth could be holding the Locke deal up?

Nigel, pending negotiated settlement

And management stumping up is another pineapple up Hoots arse

JMT's