Hodlandwin69
Regular
Please share your wisdom with us when you are done and what you think would be a reasonable estimate of royaltiesSo now I'm down a rabbit hole on Royalties![]()
Please share your wisdom with us when you are done and what you think would be a reasonable estimate of royaltiesSo now I'm down a rabbit hole on Royalties![]()
Look actually the real question is,Jeeze feel like we are in a gangbang.
Getting fucked by everyone, even our own countrymen.
Just goes to show the significance of the resource.
Totally agreeWhat is concerning is "if all goes well AVZ could on-sell the Manono interest for UP TO 1.5BILLION"
Up to?!?!
Wtaf
Happy to share something but not sure I'd go so far as to call it wisdomPlease share your wisdom with us when you are done and what you think would be a reasonable estimate of royalties
AVZ and KoBold representatives want to nail down a deal on the future of the southern portion of the Manono deposit from the talks starting on Tuesday. If all goes well, AVZ could on-sell the Manono interest for up to $US1.5bn ($2.38bn) plus a royalty. But there is no assurance of any outcome, favourable or otherwise.
0.47c after tax$0.675 AUD per share + royalties.
Sounds like we get royally screwed, I really hope that's not true. I would rather go to court.
Is this RIO buttering up a lowball offer?
Maybe this is what RIO has put forward, but I really hope NF isn't entertaining this.
Stupid low ball shit but the tax outcome (whatever the sale price) will vary from holder to holder depending on how it's held, where it's held, personal circumstances, income levels, size of holdings (so resulting potential profit size), whether it's a share sale attracting CGT rules and possible 50% discount etc etc0.47c after tax
Surely 'AVZ representatives' aren't considering this as it is well below Nigel's minimum valuation of $2.5b USD at the AGM
That isn't a commercial enough offer to win the required shareholder vote even with a royalty imo
I went back and re-read it and we're all getting worked up over a simple misunderstanding.Totally agree
That's just a seriously fucked up and wrong and broken number to have published IMO
Or the decimal point is in the wrong place and it’s 15. BillionI went back and re-read it and we're all getting worked up over a simple misunderstanding.
Clearly what heas saying is 1.5B per share, which i am ok with.
No but it is April 1 this week. Maybe the 1.5b was a leaked April Fool story ......... ??Is it April 10th yet???......
I was talking about the company tax on sale of the assetStupid low ball shit but the tax outcome (whatever the sale price) will vary from holder to holder depending on how it's held, where it's held, personal circumstances, income levels, size of holdings (so resulting potential profit size), whether it's a share sale attracting CGT rules and possible 50% discount etc etc
But prima facie 67.5c is just fucking bullshit and I agree nowhere near commercial enough to get shareholder suppot
It's all just games.Jeeze feel like we are in a gangbang.
Getting fucked by everyone, even our own countrymen.
Just goes to show the significance of the resource.
More games.So now I'm down a rabbit hole on Royalties thanks to RIO and the Australian and a US Special Envoy![]()
Yes.Look actually the real question is,
Will we reach 3000 pages of thread before a deal is cut?
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Maybe as compensation for the north.$0.675 AUD per share + royalties.
Sounds like we get royally screwed, I really hope that's not true. I would rather go to court.
Is this RIO buttering up a lowball offer?
Maybe this is what RIO has put forward, but I really hope NF isn't entertaining this.
1.5bn. Don’t bother sending anyone to the DRC Nigel. You can tell them to get fucked just as well over the phone
GotchaI was talking about the company tax on sale of the asset
I'm aware of the various personal tax implications
There has been some talk of DRC waiving it but that seems extremely unlikely given the constant accusations of speculation over the years and even if we sell through GLH (unlikely because of Dathcom shares being tied to AVZI under affiliated company rules in Dathcom JVA) or AVZI there will still be company tax payable to either Singapore or Australia imo