I suspect we're better of with the licence being issued to the company that buys it provided the value isn't affected by this. CATH we're only supposed to get 30% if they secured the licence for us but this hasn't happened so they have no right to the 30%. However they have assisted with funding so we owe them something, just not as much as that.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
I should add that if our rights to 49% of the processing facilities are maintained as part of the final deal then it may still be warranted to forego the 30% of our mine site. Whatever the case we should deal with CATH honourably. They may have voted against the board previously but Mr Pei has the same rights to an independent opinion as the rest of us do.
Jacob Kiraz
Regular
Whats a fair price to accept 60 cents a share, 90 cents etc
Spikerama
Regular
A fair price for $AVZ is subjective for every buyer and every seller. So it's probably better to just shut up and stop throwing random prices around and leave it to the grown ups.
But as a response to your arbitrary low ball dart throw, here's a more reasoned and calculated benchmark.
avz-website
Spikerama
Regular
That $13.79 per share was back in May Spike, lithium has gone up since then
I was being conservative mate.
Certified by the Victorian Building and Plumbing Commission as compliant with National Construction Code.
Scoota30
Regular
Hey Spike, this website is awesome. To remove any doubt from potential buyers though, it may pay to show that all figures are in USD so the conservative figure is $13.79 USD per shareA fair price for $AVZ is subjective for every buyer and every seller. So it's probably better to just shut up and stop throwing random prices around and leave it to the grown ups.
But as a response to your arbitrary low ball dart throw, here's a more reasoned and calculated benchmark.
avz-website
ihqdurbg.manus.space
The project has been fairly valued in our ICSID claim at roughly $10B plus additional compensation for what we've been put through. So the meme of $12B (Fuck Zijin) holds true in my opinion.
Another way to look at it is that it's not fair for anyone who legitimately invested to lose money. Therefore fair value sits north of our all time high plus a premium to compensate for everything we've been put through. This value would be below the ICSID claim leaving room for a buyer to profit.
I would not consider anything lower than all time high plus compensation as fair value. However I would accept payment in other forms, such as shares in another company or a new joint venture. So a combination of upfront cash and a stake in the processing facilities could be fair value.
But that's just my point of view and I will listen if the board recommends a reasonable path.
If that’s a $2M bridge my neighbour built a $30M tool shed.
Felix's family should be strung up for their crimes.
Winenut
GO AVZ!!!!
I also felt this.
Why give CATH another 5 or 6% of a 10+billion dollar resource for providing say $10m additional funding for ongoing legal cases???
Surely we could get a better funding deal than that from somewhere
We do owe them something. It's bad enough having the North stolen and the South subject to a tug of war.
I'm not in the mood to be giving shit way for free as well.
They can get the quite reasonable interest rate they negotiated.
Is it? Because it says "current price 0.78" - which is AUD where we stopped trading right?
I didnt find anything on the aite that clarified
Pity the Fat guy wasn't on it
I wasnt clear in my earlier post. I dont mean that we will give away a portion for that small amount I mean they could change the conditions for the investment by cath (I also meant cath not catl).. so something like:I also felt this.
Why give CATH another 5 or 6% of a 10+billion dollar resource for providing say $10m additional funding for ongoing legal cases???
Surely we could get a better funding deal than that from somewhere
CATH will fund and operate the mine and chemical production if DRC assigns the licence potentially billions in investment. And/or help avz pursue legal claim against DRC if they dont. If settlement or cost award happens catl is also up for some percentage of the pay out. Avz lays the cards on the table with this plan with catl and gives a date by which it will happen. Forces US to have it done by the date?
Something like that..
Uglybob
Regular
A fair price for $AVZ is subjective for every buyer and every seller. So it's probably better to just shut up and stop throwing random prices around and leave it to the grown ups.
But as a response to your arbitrary low ball dart throw, here's a more reasoned and calculated benchmark.
avz-website
Hodlandwin69
Regular
Fyi, Karoline Levitt said that on Thursday Rwanda and DRC will sign the peace AND ECONOMIC agreement. (Not that AVZ depends on the agreements, but does derisk for US companies, but probably bad for china/cath)
I watched it, not because I've got a short attention span, but I wanted to see why the AFP was involved. Given the last three years, nothing would surprise me.....
Turns out it was Agence France-Presse News Agency....
TLDW sum pls?
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