AVZ Discussion 2022

[MoneyBags1348]

Hmmm Old Shelly AKA Linda Bruce seems pissed...changed her tune from a few days ago after loving AVZ to death?????

View attachment 16148
View attachment 16149
View attachment 16150

OMG LANGUAGE !!!!

 

[The Fox]

One of the most legendary movie of all time!
Heh but umm, so not too confident at all on that hypothetical bet eh?

Actually I was taking the position or inferring that I don't need the money and don't like betting significant hard earned, but take what you want from it.

 

[MoneyBags1348]

Actually I was taking the position or inferring that I don't need the money and don't like betting significant hard earned, but take what you want from it.

I reckon Azzler could chart your responses Mr Fox, or is it Foxy Lady?

Thanks for telling JAG to stop teasing me

Now I’m just practicing my paragraphing

 

[JAG]

I reckon Azzler could chart your responses Mr Fox, or is it Foxy Lady?

Thanks for telling JAG to stop teasing me

Now I’m just practicing my paragraphing

 

[Azzler]

Actually I was taking the position or inferring that I don't need the money and don't like betting significant hard earned, but take what you want from it.

Was just a failed excercise to get info on confidence without specifically asking for it to be stated.

 

[The Fox]

I reckon Azzler could chart your responses Mr Fox, or is it Foxy Lady?

Thanks for telling JAG to stop teasing me

Now I’m just practicing my paragraphing

Sure he could, easy to chart historic information. The genius would be too predict what comes next.

 

[Uglybob]

When everything finally comes up Milhouse, there's gonna be some partying.

 

[MoneyBags1348]

Sure he could, easy to chart historic information. The genius would be too predict what comes next.

I’m not a chartist (I’ve always been more a fundamentalist) but isn’t the point of it to help predict the future

So without me having any experience in this area, I’m going to put myself out there and predict two things, sooner or later you are going to be exactly spot on right Fox and also you will develop an appetite (or perhaps a craving) for pineapples

 

[Xerof]

Hmmm Old Shelly AKA Linda Bruce seems pissed...changed her tune from a few days ago after loving AVZ to death?????

View attachment 16148
View attachment 16149
View attachment 16150

Our multifaceted trollette is having a manic episode. Someone call an ambulance, or ffs take your pills. Not brave enough to show her face in here, but happy to pick up the goss. Seems the credible positive vibes have tipped her over the edge

 

[JAG]

Our multifaceted trollette is having a manic episode. Someone call an ambulance, or ffs take your pills. Not brave enough to show her face in here, but happy to pick up the goss. Seems the credible positive vibes have tipped her over the edge

She's here..... but not game enough to post

 

[Xerof]

She's here..... but not game enough to post

That’s wot I sed

 

[Azzler]

Vile and throwing a tantrum because she cant troll us here.
I blocked her insane ranting on the bird so lets not post that crazy here eh? Kinda defeats the purpose and I imagine her glee knowing her crap was posted on these pristine forums.

 

[Carlos Danger]

I’d be expecting more equity (shares) to be awarded as part of an FID. And being realistic I think we’ll be raising capital again at some stage, me personally, I
I’m allowing for up to 5 billion shares and a share price above $4 down the track, based on my view we will be worth $20 billion by the time we start producing

If AVZ's offer to Cominiere is accepted and implemented at the current shares outstanding of 3.529b then I expect 307m shares to be added to the AVZ register for the DRC government taking total AVZ shares outstanding to 3.836b.

3.836 (100%) - 3.529 (92%) = 0.307 (8%)

The 307m shares would be worth $239.4m AUD at the current share price of 0.78 which at today's AUDUSD exchange rate of 0.67 is worth $160.4m USD. Which leaves a balance of $5.6m USD ($8.3m AUD) left to be paid in cash for a total of $166m USD.

I have rounded these numbers and they are sensitive to the moving exchange rate so they could change a bit. Also the offer was made at a significantly lower share price which would have meant the 8% was worth less and more cash would have been part of the deal.

Will the DRC government be happy with less cash up front?

Not sure and maybe this has been part of the hold up. Again my belief is the preservation of the value of the 8% is a part of why we have been in suspension. There was a major drop in our share price after the Ministerial Decree on May 4th 2022 from around 1.20 to around the current price of 0.78. I don't attribute all of that to just concerns about the Zijin rumours as AVZ never held or claimed to own the 15% in question. Other forces were at play in my opinion.

Just over a year ago Zijin bought around 80m AVZ shares through a subsidiary of a subsidiary called Bellamel (Norton Gold Fields is the middle company). They got salty when we announced the CATL deal and sold enough of those shares to get out of the top 20.

My belief is Zijin didn't sell all of their holdings and possibly had more shares in other subsidiaries that they were using to push down the value of our offer to the DRC government on May 4th. Management would have been aware of who was selling that week as they get the updated register once transactions have cleared. So the timing of the suspension the week after matches my theory.

Also in general more shares being issued by a company is a dilution of value for existing shareholders. If we do get up to 5b shares and a $20b market cap then those shares would be worth $4.00 each as you say. If we get to the $20b market cap at the 3.83b shares I'm expecting then those shares would be worth around $5.22 each.

Nigel said in interviews earlier this year that the boards preference moving forward is to use debt for financing future costs rather than issuing more shares to maximise future shareholder value. Also we have secured $500m USD in financing for the construction of the mine according to Christian Lukusa in the interview the other day. If we do need to issue more shares then so be it but I can't see us needing to go over 4b shares total.

 

[CashKing]

Our multifaceted trollette is having a manic episode. Someone call an ambulance, or ffs take your pills. Not brave enough to show her face in here, but happy to pick up the goss. Seems the credible positive vibes have tipped her over the edge

Who ’s ?

I thought he seemed “different”

Ohh wait I read past the first paragraph

Carry on…




GLTAH

 

[CashKing]

Expect a few more Members joining up after Stickyfingers post on HC.


GLTAH

 

[wombat74]

Hmmm Old Shelly AKA Linda Bruce seems pissed...changed her tune from a few days ago after loving AVZ to death?????

View attachment 16148
View attachment 16149
View attachment 16150

Obviously a fake account .If you look at it's posts on twitter it's obviously a red neck banjo player from the deep south of the US of A . Probably sleeps with a blow up Trump doll . Total Loser .

 

[CashKing]

Expect a few more Members joining up after Stickyfingers post on HC.


GLTAH

Geez that didn’t take long on old HC. So maybe not to many new make the switch..

Advertising ….

GLTAH

 

[Nellie17]

Only asking those in the know . I've been here over 4 years . Starting buying at 4 cents .Well over 1 million shares numb nuts . I've got all the time in the world . Obe wan the same . I enjoy his commentary .

Wombat celebrating at Mickeys party with his one million shares!
Hope you're right Fox with next week's call re the ML but from what I'm hearing is, Obe might be closer to the trading celebrations!
Good luck to everyone, it's getting bloody exciting!
Cheers,
Nells

 

[Deleted member 1612]

I’m so desperate for news at this point I googled AVZ office and I’m ready to ask Stanton how the mood seems in staff coming/going from the AVZ offices… anyone in WA wanna go on a stakeout?

 

[Samus]

Obviously a fake account .If you look at it's posts on twitter it's obviously a red neck banjo player from the deep south of the US of A . Probably sleeps with a blow up Trump doll . Total Loser .