AVZ Discussion 2022

[Carlos Danger]

There is no resolution on remuneration up for a vote, so second strike not possible (IMO)

Yes correct mate but i think they have the numbers to call an EGM re 2nd strike

Remuneration votes are only a requirement at AGM’s for listed companies only. I thought management’s claim of wanting to be guided by the listing rules would mean they would make sure this still occurred. While it is a smart strategy for their interests not to be subject to this vote it is most likely the final nail in the coffin of us ever trading again and an insult to shareholders to take away the owner’s decision as to who runs our company imo

 

[Carlos Danger]

Not 100% sure but here’s my thoughts. We currently have the maximum number of BOD members. We know the Chinese have wanted a spot on the BOD since Yibin first tried to get enough shares to do this but they were blocked by FIRB.

Yibin now hiding their shares under HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED-GSCO ECA.

I suspect that the other HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED group on the share register also holds shares for other Chinese companies. Then you’ve got Huayou and Lithium Plus holding another 6.14% and 5.21% of shares respectively and possibly enough combined to call an EGM sometime after the AGM and nominate for a position on the BOD if one becomes vacant.

Possibly they learnt from last year that their plans to roll our BOD weren’t as easy as they’d hoped and may be trying a different strategy.

What ever they are up to we know the Chinese actors involved have sought to undermine our BOD and take over our project through any means possible and no doubt nothing has changed. In fact Zijin once again ramped up their attempts to pull the wool over Manono locals today.

As far as the AGM, the company made several mentions regarding the Auditors Report and this will have a great deal of significance as I imagine it will contain details regarding expenses paid to DLA Piper and the arbitration cases as well as details of the Locke funding.

I suspect this is what corrupt actors working against us will try to use if there’s another attempt to roll our BOD.

Don’t be surprised if Locke has struck a tough deal, after all they are the ones supplying the litigation funding and the bad actors involved have done everything they can to scare them off and screw us.

I wouldn’t be surprised if Zijin’s lawyers (Fasken) have submitted thousands of pages of submissions to arbitration to drain our funds.

Remember we have been fighting a dozen or more bad actors since this started including those actors backed by major Chinese companies.

That’s about all I can think of ahead of the AGM, just wish I was going

Max number on bod is 9 and we currently have 7

 

[Dave Evans]

Remuneration votes are only a requirement at AGM’s for listed companies only. I thought management’s claim of wanting to be guided by the listing rules would mean they would make sure this still occurred. While it is a smart strategy for their interests not to be subject to this vote it is most likely the final nail in the coffin of us ever trading again and an insult to shareholders to take away the owner’s decision as to who runs our company imo

Max number on bod is 9 and we currently have 7
View attachment 73428

Thanks for that information Carlos. I understand your position on the other matter but unless you can get the bosses of either RIO or BHP to run for our BOD I think we are safer taking a strategic approach and I would expect there would be cuts to directors across the board.

We saw Fat Tail try and roll our BOD last year and then one of them put a value of $0.01c on our shares and then immediately acquired 57 million of them.

I’m sure there are shareholders out there who have no idea of the corruption that’s taken place (and is still taking place) against us. Would you risk letting them vote someone on the BOD who only values the shares at $0.01c or someone backed by the CCP.

Actually Carlos, treat that as a rhetorical question, you’re posts are often even longer than mine and you’re one of the shareholders whose views I respect. At this stage I’m just looking to wind down and see what happens at the AGM.

My only real point is who do I trust more, Nigel who has had to fight this corruption for the last two and half years, has as much on the line as any shareholder and has a working relationship with DLA Piper or a blow in

 

[Xerof]

Once again I’d like to make a suggestion about distribution of the ‘notes and impressions’ gained from attending the AGM. The last thing we want is all that info that might be released, being publicly available to all those listed on @Dave Evans post from earlier today.

I suggest those who are willing, share it by PM with those they already talk with in private on the forum, and in turn those who receive it will also have a cluster to pass on to.

I’d be happy to distribute privately on request, to take some of the load off those doing the write-ups

My reasoning behind this is that the BOD may still not wish to have any information shared with the bunch of non holders, cunts and sundry fuckwits with loose lips

Again, completely over to those attending, but…..

Wadayathink?

 

[Doc]

Once again I’d like to make a suggestion about distribution of the ‘notes and impressions’ gained from attending the AGM. The last thing we want is all that info that might be released, being publicly available to all those listed on @Dave Evans post from earlier today.

I suggest those who are willing, share it by PM with those they already talk with in private on the forum, and in turn those who receive it will also have a cluster to pass on to.

I’d be happy to distribute privately on request, to take some of the load off those doing the write-ups

My reasoning behind this is that the BOD may still not wish to have any information shared with the bunch of non holders, cunts and sundry fuckwits with loose lips

Again, completely over to those attending, but…..

Wadayathink?

Fat tail own 57m shares. You can bet your arse they'll be there anyway so the people you trying to keep the info from will already know the info. imo

 

[Prod]

View attachment 73425

Dave let's not forget CATL that 2 faced prick Mr PEI

 

[Winenut]

Fuck..... imagine Carrotdick turning up in person to the AGM

What a fucking scene

I'd pay good money to see that!

 

[Winenut]

Imagine Yianni and Carrotdick punching on......

I can see it in my head!

 

[Xerof]

Fat tail own 57m shares. You can bet your arse they'll be there anyway so the people you trying to keep the info from will already know the info. imo

Can’t see fatarse having a fulsome information sharing conversation over a beer with Nigel

 

[Carlos Danger]

Thanks for that information Carlos. I understand your position on the other matter but unless you can get the bosses of either RIO or BHP to run for our BOD I think we are safer taking a strategic approach and I would expect there would be cuts to directors across the board.

We saw Fat Tail try and roll our BOD last year and then one of them put a value of $0.01c on our shares and then immediately acquired 57 million of them.

I’m sure there are shareholders out there who have no idea of the corruption that’s taken place (and is still taking place) against us. Would you risk letting them vote someone on the BOD who only values the shares at $0.01c or someone backed by the CCP.

Actually Carlos, treat that as a rhetorical question, you’re posts are often even longer than mine and you’re one of the shareholders whose views I respect. At this stage I’m just looking to wind down and see what happens at the AGM.

My only real point is who do I trust more, Nigel who has had to fight this corruption for the last two and half years, has as much on the line as any shareholder and has a working relationship with DLA Piper or a blow in

There’s no guarantee that any of our enemies would get on the board just because AVZ’s shareholders didn’t agree with how much management are paying themselves. In fact the current bod could all get back in after getting the message from the company’s owners that their remuneration is unacceptable. Taking that right to judge out of our hands especially when not telling us what the pay is at least 3 weeks before the agm as required under the corporations act is weak as fuck even in current circumstances imo

 

[tonster66]

Imagine Yianni and Carrotdick punching on......

I can see it in my head!

Nearly happened last year

 

[protoje]

Nearly happened last year

Gosh AI is disturbing…

 

[BRICK]

Fuck..... imagine Carrotdick turning up in person to the AGM

What a fucking scene

I'd pay good money to see that!

i hate that carrot
cunt

 

[Hudnut]

Once again I’d like to make a suggestion about distribution of the ‘notes and impressions’ gained from attending the AGM. The last thing we want is all that info that might be released, being publicly available to all those listed on @Dave Evans post from earlier today.

I suggest those who are willing, share it by PM with those they already talk with in private on the forum, and in turn those who receive it will also have a cluster to pass on to.

I’d be happy to distribute privately on request, to take some of the load off those doing the write-ups

My reasoning behind this is that the BOD may still not wish to have any information shared with the bunch of non holders, cunts and sundry fuckwits with loose lips

Again, completely over to those attending, but…..

Wadayathink?

I think a private distribution list would result in either:
a) A very small number on the list, so most of us here would still be in the dark. I know I'm probably not in the inner circle, so will remain ignorant if that's the case.

b) A bigger list, with increased risk the info leaks to undesirables.

In either case, it wouldn't surprise me that any info we would be told would already be known to the enemy. That would include stuff they've been made aware of by their legal people (I'm thinking stuff like what happens at ICC if they don't pay arbitration fees, timing of next steps at ICC/ICSID, status of the escrow etc)

I doubt we'll be told anything that the company isn't prepared to have leaked, and I'd be disappointed if after the AGM people hanging out for information here are kept in the dark because they couldn't attend. Even if it was a redacted version.

 

[KLCC]

For some reason (for me anyway) the announcements page on their website is down.
Perhaps they are updating it? Wishful thinking??

https://avzminerals.com.au/asx-announcements

 

[j.l]

For some reason (for me anyway) the announcements page on their website is down.
Perhaps they are updating it? Wishful thinking??

https://avzminerals.com.au/asx-announcements

Your link doesn't work, but this one does:

Announcements — AVZ Minerals Limited

Investors ASX Announcements

avzminerals.com.au

Nothing to report I'm afraid.

 

[Hudnut]

For some reason (for me anyway) the announcements page on their website is down.
Perhaps they are updating it? Wishful thinking??

https://avzminerals.com.au/asx-announcements

AVZ isn't on the ASX anymore. Try https://avzminerals.com.au/announcements

 

[Xerof]

I think a private distribution list would result in either:
a) A very small number on the list, so most of us here would still be in the dark. I know I'm probably not in the inner circle, so will remain ignorant if that's the case.

b) A bigger list, with increased risk the info leaks to undesirables.

In either case, it wouldn't surprise me that any info we would be told would already be known to the enemy. That would include stuff they've been made aware of by their legal people (I'm thinking stuff like what happens at ICC if they don't pay arbitration fees, timing of next steps at ICC/ICSID, status of the escrow etc)

I doubt we'll be told anything that the company isn't prepared to have leaked, and I'd be disappointed if after the AGM people hanging out for information here are kept in the dark because they couldn't attend. Even if it was a redacted version.

Fair enough, it could be cumbersome so let’s let it all hang out Hombres

Hangin' from a pine tree by my knees
Sun is shinin' through the shade
Nobody knows what it's all about,
It's too much, man, let it all hang out

 

[Dave Evans]

Are we completely ruling out an offer/deal on the table ? A here's Johnny moment ? A rabbit out of the hat .
View attachment 73434 View attachment 73440

I think the DRC and Zijin’s plan was for the DRC to lead us on by pretending to negotiate with us in Belgium, France and the DRC and then try and deny those meetings occurred, while Zijin kept stalling our arbitration with submissions and false claims in their combined effort to drain our funds

If Locke has agreed to fund our litigation against them then the DRC and Zijin might have to rethink their plans and negotiate with us, or with a third party with enough clout to negotiate a settlement with all parties involved

 

[JohnJoyce]

Would appreciate a simple thumbs up or down from those of you attending tomorrow.
Hopefully see more ups than downs!