DiscoDanNZ
Regular
Well he obviously isn't the OH&S guy judging from how no one is wearing all the PPE as per the sign.
have you got the link to the post?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?
Mining licence update is a good exercise is taking up a whole page to say nothing...
Here's the latest interview by the crooks, cronies and hyenas. It's the guy who made the recent documentary :
While there is silence from management and the government, this is the shit the public are being fed.
Wow deleted? I'd keep posting it lololI wrote a proper balanced response translated to French on Youtube refuting this and stating AVZ was acting in good faith and had taken on significant risk. Also stated that we are not responsible for the road form Manono to Lubumbashi and the route goes to the rail head at Kabonda Dianda. The post was IMMEDIATELY deleted. Youtube provides no means of notifying you of the deletion and no right of appeal.
I wrote a proper balanced response translated to French on Youtube refuting this and stating AVZ was acting in good faith and had taken on significant risk. Also stated that we are not responsible for the road form Manono to Lubumbashi and the route goes to the rail head at Kabonda Dianda. The post was IMMEDIATELY deleted. Youtube provides no means of notifying you of the deletion and no right of appeal.
We don't have a fucken clue what's true or not so why would the ASX?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?
To start ..., don't forget: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?
Thanks for the well wishes Jag and others............Get well Beisha
On another note......
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Well said MoneyBags1348.Just looked in on tse and had to catch up on 3 pages of comments. So here’s mine, the announcements today were excellent and what I expected. The number of people here who seem to be panicking, wanting a TO and posting uninformed comments reminds me of the crapper. If you don’t take the time to do the research and all you can come up with is “actions speak louder than words” perhaps you should be looking at your own actions and words. For a start Felix is President of a country that has been (and is still) struggling with ebola, Covid, earthquakes, wars, refugees and people getting slaughtered in the east of the country, corruption by mining companies, incompetence by some of his newly formed ministers (who have been thrown into the job whilst ousting corrupt ministers), interacting with other Heads of State (National and International) as well as Global Institutions and Banks and that’s just off the top of my head, without looking at everything else on his plate. Comments and speculation here about what he and Nigel “aren’t doing” by people who themselves don’t seem to be doing anything are wasting time. If you really are a long term outlook holder, you would be looking at a SP of $4-$5 even more (and that’s after any dilutions due to CR). So far all the legally made comments from AVZ and it’s solicitors far outweigh the rubbish comments by boatman, Cominiere, Zigin and forum commentators. Some people just need to have a good read of today’s announcements and accept where we are compared to where we were after boatman’s and goldman sucks lies and scaremongering. I’m starting to think some share holders just wanted to make a quick buck then invest in LTR or something else…. Try imagining 10 or 20mtpa with a battery factory on the edge of DRC’s border with us owning 66%
Hey Beisha,Thanks for the well wishes Jag and others............
I have tried to avoid this insidious disease, but it finally caught up with me, i am not as bad as poor ole @Dazmac66 was, just got a piping hot cough , chills and tired to the buggery.
I feel like an old man
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Speaking of tired, todays announcement was expected, more lip service, for something that is meant to be " spurious in nature and without merit ", the time lines continue to drag and wordings are a bit confusing.
" Whilst the company is confident of a positive outcome "........
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Meanwhile, AVZ continue with works to refine the open pit mine design.............WTF ?
If i was Nigel, i would shut everything down until i got a favourable and just result.............
On a side note, MACRO still shit, inflation for the US was 9.1%, so more interest rate hikes expected soon, so i guess the silver lining is AVZ still preserves a half decent SP, whilst other stocks continue to get chinese burns.........lol
Inflation, interest rate hikes, war, covid, China screwing over the world in collaboration with Russia, famine, potential recession.........the world is your oyster , isnt that right Jag ?....
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On the bright side, once this shit show finally concludes and AVZ hopefully gets a good result from ICC, then let the fireworks begin with SEZ, updated BFS, FID, ML, construction progress......yada yada
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Hang in there dudes..........good times are a coming, just a matter of when ?
Felix assumed office on 24/1/2019, he has had 3.5 yrs to get his actions / agenda off the ground !!Just looked in on tse and had to catch up on 3 pages of comments. So here’s mine, the announcements today were excellent and what I expected. The number of people here who seem to be panicking, wanting a TO and posting uninformed comments reminds me of the crapper. If you don’t take the time to do the research and all you can come up with is “actions speak louder than words” perhaps you should be looking at your own actions and words. For a start Felix is President of a country that has been (and is still) struggling with ebola, Covid, earthquakes, wars, refugees and people getting slaughtered in the east of the country, corruption by mining companies, incompetence by some of his newly formed ministers (who have been thrown into the job whilst ousting corrupt ministers), interacting with other Heads of State (National and International) as well as Global Institutions and Banks and that’s just off the top of my head, without looking at everything else on his plate. Comments and speculation here about what he and Nigel “aren’t doing” by people who themselves don’t seem to be doing anything are wasting time. If you really are a long term outlook holder, you would be looking at a SP of $4-$5 even more (and that’s after any dilutions due to CR). So far all the legally made comments from AVZ and it’s solicitors far outweigh the rubbish comments by boatman, Cominiere, Zigin and forum commentators. Some people just need to have a good read of today’s announcements and accept where we are compared to where we were after boatman’s and goldman sucks lies and scaremongering. I’m starting to think some share holders just wanted to make a quick buck then invest in LTR or something else…. Try imagining 10 or 20mtpa with a battery factory on the edge of DRC’s border with us owning 66%
As one of the people who remembers your last post on the Crapper (which I thought was valid) I find this post somewhat hypocritical.Just looked in on tse and had to catch up on 3 pages of comments. So here’s mine, the announcements today were excellent and what I expected. The number of people here who seem to be panicking, wanting a TO and posting uninformed comments reminds me of the crapper. If you don’t take the time to do the research and all you can come up with is “actions speak louder than words” perhaps you should be looking at your own actions and words. For a start Felix is President of a country that has been (and is still) struggling with ebola, Covid, earthquakes, wars, refugees and people getting slaughtered in the east of the country, corruption by mining companies, incompetence by some of his newly formed ministers (who have been thrown into the job whilst ousting corrupt ministers), interacting with other Heads of State (National and International) as well as Global Institutions and Banks and that’s just off the top of my head, without looking at everything else on his plate. Comments and speculation here about what he and Nigel “aren’t doing” by people who themselves don’t seem to be doing anything are wasting time. If you really are a long term outlook holder, you would be looking at a SP of $4-$5 even more (and that’s after any dilutions due to CR). So far all the legally made comments from AVZ and it’s solicitors far outweigh the rubbish comments by boatman, Cominiere, Zigin and forum commentators. Some people just need to have a good read of today’s announcements and accept where we are compared to where we were after boatman’s and goldman sucks lies and scaremongering. I’m starting to think some share holders just wanted to make a quick buck then invest in LTR or something else…. Try imagining 10 or 20mtpa with a battery factory on the edge of DRC’s border with us owning 66%
Sammael, I will answer you first then get around to answering BEISHA as soon as I can. Your post is an easy one. Frank who posts here can confirm that I left the Sydney Presentation certain that a capital raise was imminent. I shared with him at the time that I judge a CR would be at $0.13, which turned out to be right. My average for my 3 million shares was $0.16 so I sold looking to buy them back at $0.13, and I also assumed that money from the CR would be used to acquire the extra % of ownership which it was. I bought all my shares back at a slightly higher average than what I had sold, and even though I’m a little disappointed I didn’t predict the CR announcement would also state the CR raise included the extra % and I missed getting in at $0.13, I’m still happy with my investment. Not hypercritical as you suggest, I stated my reasoning in the crapper post and included what Nigel had said to me and what I thought about an imminent CR. The usual crapper crew ensured I was moderated and then proceeded to shit on me without being able to reply. I don’t have time to put into posting a lot here but I can tell you Frank put me onto AVZ back in either 2016 or 2017 and I followed the company since then. I’m not hypercritical and I have been waiting patiently and as frustrated as other shareholders but I research and keep up with the facts, and as I’ve said before, I believe I understand why Nigel does what he does (and I had a good 20min one on one with him in Sydney) and I understand why the legalities make it difficult to release informationAs one of the people who remembers your last post on the Crapper (which I thought was valid) I find this post somewhat hypocritical.
Very few if any here have gone to the extent of selling their entire holding and largely for issues sorrounding non disclosure and misleading information from management if I remember correctly
The current shitstorm were facing has a bit of that mixed in. I'm just curious how you can go from selling everything to putting others down for having a few doubts in the current dubious situation?
No offence intended btw but what has changed?
Apart from that I agree with @BEISHA post above 100%. We're only human and there is a lot on the line right now.
I also think it is meaningful that AVZ is continuing drilling and works and having machinery delivered to site during the current extension period