LEFOOL
Regular
Well these cheese eating surrender monkeys better wake the fuck up and do something about it!!!!
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Well these cheese eating surrender monkeys better wake the fuck up and do something about it!!!!
Skar
Regular
I just can't see any reason how they can be so aggressive and eager in their pursuit of acquiring Manono and not pay a premium to AVZ(or why our bod would ever allow it otherwise).
Like the minerals for security deal isnt finalised and you have kobold calling dibs like its the front seat of a long car ride.
Winenut
GO AVZ!!!!
I think the issue is (as Trump would put it) we don't hold the cards.....
Well not all of them unfortunately
Still let's see what happens.....fingers crossed we hear something soon
Bin59
Regular
Chapter VIII: Suspension, Settlement and Discontinuance | ICSID
Chapter VIII: Suspension, Settlement and Discontinuance
Rule 54: Suspension of the Proceeding(1) The Tribunal shall suspend the proceeding by agreement of the parties.
(2) The Tribunal may suspend the proceeding upon the request of either party or on its own initiative, except as otherwise provided in the ICSID Administrative and Financial Regulations or these Rules.
(3) The Tribunal shall give the parties the opportunity to make observations before ordering a suspension pursuant to paragraph (2).
(4) In its order suspending the proceeding,
the Tribunal shall specify:
(a) the period of the suspension;
(b) any relevant terms; and
(c) a modified procedural calendar to take effect on resumption of the proceeding, if necessary.
(5) The Tribunal shall extend the period of a suspension prior to its expiry by agreement of the parties.
(6) The Tribunal may extend the period of a suspension prior to its expiry, on its own initiative or upon a party’s request, after giving the parties an opportunity to make observations.
(7) The Secretary-General shall suspend the proceeding pursuant to paragraph (1) or extend the suspension pursuant to paragraph
(5) if the Tribunal has not yet been constituted or if there is a vacancy on the Tribunal. The parties shall inform the Secretary-General of the period of the suspension and any terms agreed to by the parties.
I can’t see any mention of how much notice is required for an extension.
The following posted by Avenger on the crapper. Interested in opinions from the learned TSE crew. Point 2 raised concerns re cap gains on selling the asset!!
The above is all good reading and the following key takeouts-
1. The buyout range of $1.50 to $3.00 usd with within the forecasted $4.08aud I've previously supplied.
2. They're won't be a relisting here as KoBold offer to buyout is already accepted and simply awaiting final terms. To further clarify, the buyout transaction relates to the sale of DRC Manono Asset sale and not the sale or absorption of AVZ minerals into KoBold.
3. There won't be any JV here either and the AVZ -KoBold framework as the word framework suggests is predicated on a number of outcomes
a. DRC-USA securities agreement - done deal
b. Arbitration suspension between AVZ - DRC - done deal
c. The compensation payout to AVZ minerals for the Northern.portion which will be reliquished to Zinjin - done deal.
d. The agreement between AVZ - KoBold confirming the southern section will be owned by KoBold.
The asset buyout is imminent and IMO $4.08AUD will be close enough to the number based on DFS NPV/IRR and also on a comparative basis to other recently completed Lithium deal particularly the RIO Tinto $6.7b usd takeover
The above is all good reading and the following key takeouts-
1. The buyout range of $1.50 to $3.00 usd with within the forecasted $4.08aud I've previously supplied.
2. They're won't be a relisting here as KoBold offer to buyout is already accepted and simply awaiting final terms. To further clarify, the buyout transaction relates to the sale of DRC Manono Asset sale and not the sale or absorption of AVZ minerals into KoBold.
3. There won't be any JV here either and the AVZ -KoBold framework as the word framework suggests is predicated on a number of outcomes
a. DRC-USA securities agreement - done deal
b. Arbitration suspension between AVZ - DRC - done deal
c. The compensation payout to AVZ minerals for the Northern.portion which will be reliquished to Zinjin - done deal.
d. The agreement between AVZ - KoBold confirming the southern section will be owned by KoBold.
The asset buyout is imminent and IMO $4.08AUD will be close enough to the number based on DFS NPV/IRR and also on a comparative basis to other recently completed Lithium deal particularly the RIO Tinto $6.7b usd takeover
Spikerama
Regular
Who is Avenger and what is their track record on predictions? Why and how do they speak with such confidence?
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Winenut
GO AVZ!!!!
Note that The Avenger is speculating and responding to a post from JonoNZ who had used Copilot AI to generate some ideas
I suspect The Avenger knows nothing more than we do.....and possibly even less
Winenut
GO AVZ!!!!
Would LOVE to be proven wrong here believe me!!!!Well at $4.08 I hope he knows exactly what he’s talking about
At 4.08 i assume he knows ~⅓ what he's talking aboutWell at $4.08 I hope he knows exactly what he’s talking about
It's called a feel good post . Get a nice buzz for about 60 seconds .
Just guesswork Spike, and scientifically backed up by fortune cookies and chicken entrails, just like everyone else who thinks they have the inside running on the negotiated outcome.
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Yeah Wino i totally agree. Avenger has just put together a nice little thesis in response to JonoNZ post. He has obviously read " The Power Of Positive Thinking " recently and more power to him.
Re his post
1) Forecast $4.08 just his positive stab at it
2) Agree...i think deal is done and is for the Manonon asset not AVZI or GLH shares
3) Agree...no JV just a straight buy out
3a) Agree its a done deal but not until Friday
3b) Agree but not until the money is in our bank
3c) I do agree Zijin should definately have to be part of the compensation payout but no evidence of that yet
3d) Agree ...Kobold will get the southern section only. Where is the boundary...we dont care !
Re $4.08 valuation being based on NPV of DFS completely disagree. NPV shown as US $ 1028 and with 3.52 billion shares we get Aud $ 0.45 c
This was off course based on 4.5 mt operation over 20 years but board was working on 10 mt revised DFS based on substantial Jorc upgrade
As far as Arcadium Lithium strongly disagree. Arcadium had operating mines in Argentina and Australia ( currently still on care and maintenance i think) plus downstream processing assets in US China Japan and UK as well as other green and brown field exploration projects. Bit like comparing the price of a rump steak to an apple.
No problem with Avenger having a stab at it but if we got $4.08 i think i would have a heart attack.
Skar
Regular
4.5 mt/y and we have over 842 mt?
Is it possible to subdivide the tenement and sell it off piece by piece or does it have to go to one buyer? Just seems crazy to be restrained to a 20 year LOM, when it could be scaled up to 40mt with a 20 year LOM... not counting any further drilling or expansion work.
3a) "Agree its a done deal but not until Friday."
That's very specific mate . You got a twitchy knee ? I'm suspecting there could be some extra hang time with this suspension . A limbo time before the hammer down so no extension is needed . imo
Stop talking the price down!!
BRICK
Where’s Zeebot 😶🌫️
count me in
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