AVZ Discussion 2022

[JAG]

Who's your Daddy

 

[CeckRaiseFold]

View attachment 15648

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

 

[9cardomaha]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

Well...

too lazy to make my own meme but surely 'for the' is better than 'to get the'.

 

[CHB]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

I didn't quite understand that. It wasn't losing a deposit cause that seems quite a bit?? Or would it be

 

[Rediah]

Well… j/k

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

 

[JAG]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

Unfortunately not everyone has the information to invest wisely, maybe sucked in by the hype.
Probably a hell of lot more in the same situation so a little bit of compassion wouldn't go a stray.
Not everyone is a stock market guru.

 

[JAG]

 

[Samus]

Yes, surface rights or ML or PR/PE has not had much discussion, but is IMO the main thing dragging out this suspension. It's most likely now all issues are interrelated.

In the absence of any information whatsoever from the company, which as frustrating it is for us LTH, it is IMO the right way to go about this when things are in the courts

So what have we learned or what can we piece together from the various posts and opinions:

After Ministerial decree to issue the ML things went off the rails. This is in my view most plausible scenario:

1) Decree issued

2) CAMI puts forward a clipped tenement for the PE with rest (most of CDL) issued under a new PR to be awarded to a new JV for which negotiations are to be held in future. This was IMO an attempt by Tantalex and/or others to get a foot in the door of the new PR over most of CDL. Also rights to the tailings and tin might have been messed with. This was naturally resisted by Dathcom (AVZ) and challenged. What the process for that challenge and resolution is I do not know and we have not heard or read much if anything about this other then some changes on the CAMI website.

3) In parallel there are the simultaneous Dathcom ownership attacks by Zijin and Dathomir. It is possible that in an attempt to delay and procrastinate issuing the ML to Dathcom, CAMI have seized on this ownership dispute and put the issue of ML on hold until Dathcom ownership issues are resolved.

3a) Zijin: cominiere being a government institution was audited by IGF and we all know about the IGF report. It appears although not officially confirmed, Zijin have back away from their 15% Datchom shares purchase claim and are now good corporate citizens 'giving' the shares back and not wanting a refund of the 'down-payment'.

3b) Dathomir is a private company and now that Datrhomir realises the value of this Li deposit has been rising they are fighting for more money for their old 5% + 10% sale of Dathcom to AVZ . As crazy and audacious as this sounds it will be decided by court (ruled on on the 31st Aug?).

So with 3a and 3b now most likely put to bed all focus should return to item 2. The 2 week extensions make me think that finalising the PR/PE issue is not to be resolved through a long court case, but how Dathcom gets its rightful ML over all of RD and CDL I do not know. It can well be that some give and take is required to get the ML over CD and part of CDL issued so we can move on whilst still being in a new PR for the northern part.

Looking forward to hear other people's views.

PS: put your pineapples in an off-topic thread like was suggested to us bike picture brigade

Holy christ that's heavy man! I think I'd rather talk about pineapples.

 

[Dazmac66]

I didn't quite understand that. It wasn't losing a deposit cause that seems quite a bit?? Or would it be

5% deposit $350k = 7 mill pad! Poor Shelly must be struggling.

 

[Sammy_da_Smile]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

You only lose if you sell

 

[Samus]

Absolutely nothing wrong with a Hawaiian with triple anchovies

 

[CashKing]

5% deposit $350k = 7 mill pad! Poor Shelly must be struggling.

Who’s doing 5% deposits ??

Asking for myself & where do I sign up

My end Goal is my own house with a nice vegetable garden..

Mr Cong is starting to piss me off and stopping me achieving cherry tomatoes etc ….


GLTAH

 

[Winenut]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

Might be technically correct there....but pretty harsh

Just sayin'...

 

[Chase]

Holy christ that's heavy man! I think I'd rather talk about pineapples.

Yeah nah

 

[MoneyBags1348]

I know this might be off topic because pineapple’s are the current topic, but just wondering how many shareholders know that Dathomir were given 260 million shares in AVZ when we first negotiated the JV with them and Cominiere

 

[Samus]

I know this might be off topic because pineapple’s are the current topic, but just wondering how many shareholders know that Dathomir were given 260 million shares in AVZ when we first negotiated the JV with them and Cominiere

That means they could buy 57,942,857 pineapples at woollies at current market prices
But only 34,372,881 at Coles.
Either way it's a lot of pineapple so wtf they playing at?
Grubby swine.

 

[cruiser51]

I know this might be off topic because pineapple’s are the current topic, but just wondering how many shareholders know that Dathomir were given 260 million shares in AVZ when we first negotiated the JV with them and Cominiere

It was the way AVZ paid for 60% of Dathcom, the 60% did not come for free, so the 260 million shares weren't a gift, it was payment for 60% of Dathcom.

Maybe sticking to pineapples is a great plan...

 

[MoneyBags1348]

It was the way AVZ paid for 60% of Dathcom, the 60% did not come for free, so the 260 million shares weren't a gift, it was payment for 60% of Dathcom.

Maybe sticking to pineapples is a great plan...

Well if you want to count pineapples, they also gave Dathomir $750K and Cominiere $6million so speaking in pineapples, it wasn’t for the whole 60% because Cominiere owned part of that 60%, how do you like them apples….

 

[cruiser51]

Well if you want to count pineapples, they also gave Dathomir $750K and Cominiere around $6million so speaking in pineapples, it wasn’t for the whole 60%

Please be realistic.

Ffs you are as bad as Cong.

 

[Samus]

They obviously sold out at some point?