AVZ Discussion 2022

[CashKing]

Extension to suspension.

Details 9:50

Until 29th July

 

[Bray]

2 price sensitive announcement texts

 

[Remark]

 

[Remark]

Site operation Update

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02542423-6A1099783?access_token=83ff96335c2d45a094df02a206a39ff4

 

[JAG]

Get well Beisha

On another note......

 

[Frank]

• Release Date: 15/07/22 09:31
• Summary: Extension of Voluntary Suspension
• 
  
• Release Date: 15/07/22 09:32
• Summary: Mining Licence Update
• Price Sensitive: Yes
• Release Date: 15/07/22 09:33
• Summary: Site Operations Update
• Price Sensitive: Yes

 

[Retrobyte]

48 more drill holes, good to see

 

[TDITD]

I'm going for 9th September we are back on market.

Either a TO offer (we have BFS so it would need to be valued off that) or more likely we sorted out the shit an hopefully agreed with DRC and CATL so come out with 61-66% and CATL 24%.

Of course this is in expedited DRC time so fingers crossed.

 

[Frank]

• Release Date: 15/07/22 09:31
• Summary: Extension of Voluntary Suspension
• 
  
• Release Date: 15/07/22 09:32
• Summary: Mining Licence Update
• Price Sensitive: Yes
• Release Date: 15/07/22 09:33
• Summary: Site Operations Update
• Price Sensitive: Yes

View attachment 11422

View attachment 11423

 

[Frank]

 

[DiscoDanNZ]

Extensions as expected, followed by a bare minimum acknowledgement announcement for the ML and a drilling announcement (was this drilling already planned?).

Here's what I don't like about the ML update announcement: "Whilst the company remains confident of a positive outcome"

WHY THE FUCK WOULDN'T YOU BE? IS THERE SOMETHING YOU AREN'T TELLING US

 

[TDITD]

Extensions as expected, followed by a bare minimum acknowledgement announcement for the ML and a drilling announcement (was this drilling already planned?).

Here's what I don't like about the ML update announcement: "Whilst the company remains confident of a positive outcome"

WHY THE FUCK WOULDN'T YOU BE? IS THERE SOMETHING YOU AREN'T TELLING US

Well they dont view a $3 takeover offer as a positive outcome as its worth so much more to us to develop an hold onto the new BHP

 

[Frank]

 

[Dazmac66]

Moved from "Encouraged" to "Confident" - like solving a cryptic crossword!

 

[Sammy_da_Smile]

Wooo a photo of a senior DATHCOM geologist!

 

[DiscoDanNZ]

This was posted by an internal Zijin staff. Possibly some negotiations happening behind the door...


Is it possible for AVZ to reach a deal with Zijin Mining to let Zijin Mining lead the development of the Manono Lithium Mine? It turned out that according to AVZ, after transferring part of the equity to Tianhua Times at a price of 240 million US dollars, it will also hold 51% of Manono. Now, due to Zijin's intervention and the illegality of past transactions, the transaction of the transfer of Tianhua Times is likely to be yellow. So now AVZ can reconsider transferring Manono's equity to Zijin Mining and let Zijin lead the development. After that, Zijin Mining held 45% of the shares, AVZ held 45%, and the Congolese local government held 10%, so that the mine could break the dispute and restart. The key to the success of the program is a win-win situation. The plan I propose is that Zijin pays AVZ USD 500 million, then compared to the original plan, AVZ will only reduce its stake in Manono by 6% when it gets an extra USD 260 million. I wonder if Zijin and AVZ can have a good talk at the negotiating table?

Oh and this can get fucked too btw.

IF AND THIS IS A BIG IF - If we do end up having to have anything to do with those pieces of shit then we 1000% need to retain majority ownership or they will just shaft us out at any opportunity they manage to create. I'm sure Nigel and everything above a single celled organism on earth can agree on that.

 

[TDITD]

Happy with the communication and the reiteration they wont come out to play until the shits been sorted (sorry for using the technical term).
The update shows they are not standing still and are busy both advancing where they can and trying to get our holding defined unequivocally.

 

[TDITD]

Wooo a photo of a senior DATHCOM geologist!

View attachment 11427

He looks thin too, no snacking for him !

 

[Xerof]

I love the confidence - note they still hold 75%, and the tenement shape for 13359 in Fig 1, is still the original

If it weren't a true representation, the ASX wouldn't allow it?

 

[CHB]

The good news is that for all those shareholders who like regular announcements looks like we get one every 2 weeks