AVZ Discussion 2022

TDITD

Top 20
Does AVZ really care that much about boatman and that smarmly little fuck tommy.. I don’t think so.. we (investors) have read and understand the boatman report is bullshit.. something else is about to Happen
Tommy really does have that weasel look doesn’t he, what a surprise he is one. It would be nice if this was the start of a flurry of announcements leading upto our ML before the roadshow.
 
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JAG

Top 20
*Sorry to here that Johnno, We have plenty to spare over here in the East with more to come that we don't need or want atm :eek:

Most of this ( 100mm + fell in 24 Hrs ) :oops:

A case of Rain - Rain Go Away atm

Enough is Enough 🌧️


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Looking out my Front Door the other Day it was like this 🌧️

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GLTA-AVZH's (y)

Cheers 🤞

Frank ☔
At least the car looks clean mate ;)
 
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ChrisU

Guest
What REALLY fucks me off is that if Tittle Tattle Tom is to be believed, he got tipped off about the DATHOMIR Tribunal outcome, asked some questions, and once again, AVZ have been forced to come clean with the information.

I don’t care if AVZ think it’s immaterial and of no effect, just let us know on a timely basis. They are starting to look a bit silly, being called out by Mr Cut and Paste for a second time.

@Der Geist, were you aware of the Tribunal outcome? @R2D2, were you?
I’m not in the loop. In fact, I didn’t realise he was tipped off, but you’re right.
It seems Boatman has a decent contact in the Congo.
 
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JAG

Top 20
Sorry Jag. Your comment is too cryptic for me. Please elaborate? Surely BOD won't do roadshows w/o prior positive ASX announcements?
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ptlas

Regular
I agree just give the prick 30 mill. It's a cheep way to confirm 75% imo. Then there can be no dispute.
Do that and we prove that we can be blackmailed.
Others will line up.
Govt will continue to do fuck all for as long as it suits and maybe say it's our fault for dancing with the devil.

This is the government's mess to sort.
If left alone, they will eventually do so and leave AVZ with a rump company or territory.
Only because the slimmey shits will have carved up the snacks
Then that fat fuck FT will be swanning around the Western world with a big hard on.
Cunt
US and Europeans won't care about ownership. They just want lithium.
And don't kid yourself that it's about supply security.
Western car manufacturers are investing in Chinese factories.
And as for NF
Don't get me started.
The mogadon kid
 
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Mr Clean

Regular
First post - but long time poster on the crapper.

With arbitration proceeding, does that mean you’re one ball short from now on?
 

Roon

Regular
What REALLY fucks me off is that if Tittle Tattle Tom is to be believed, he got tipped off about the DATHOMIR Tribunal outcome, asked some questions, and once again, AVZ have been forced to come clean with the information.

I don’t care if AVZ think it’s immaterial and of no effect, just let us know on a timely basis. They are starting to look a bit silly, being called out by Mr Cut and Paste for a second time.

@Der Geist, were you aware of the Tribunal outcome? @R2D2, were you?

It does seem to me like this is what happened though. Surely AVZ was aware through its local contacts and law team that Dathomir was awarded the tribunal decision. It also seems to me like they were planning to sweep it under the rug and not mention it, like they did with the last tribunal decision and like they seem to have done with everything that doesn't suit our interests (e.g Zijin) until their hands were forced. This announcement really appears thrown together around limited facts and at a strange time remove from the things it's detailing - like they have been questioned about it and thought well okay now we have to inform the market- which ties in perfectly with what Tommy says about this only happening after AFR questioned AVZ about the tribunal results.

It really isn't a good look IMO, and reinforces my concerns about the company's disclosure track record. Which really is woeful given any critical examination of the earlier timeline on Dathomir and Zijin issues.

Poor form.
 
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ptlas

Regular
Do that and we prove that we can be blackmailed.
Others will line up.
Govt will continue to do fuck all for as long as it suits and maybe say it's our fault for dancing with the devil.

This is the government's mess to sort.
If left alone, they will eventually do so and leave AVZ with a rump company or territory.
Only because the slimmey shits will have carved up the snacks
Then that fat fuck FT will be swanning around the Western world with a big hard on.
Cunt
US and Europeans won't care about ownership. They just want lithium.
And don't kid yourself that it's about supply security.
Western car manufacturers are investing in Chinese factories.
And as for NF
Don't get me started.
The mogadon kid
Right rant over
Back under my stone
But first apologies to the girls for comparing your downstairs bits to Mr lying smug face .
 
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Xerof

Have a Cigar 1975
Sama has higher priorities…..FFS

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Rediah

Regular
So we should be expecting another seperate announcement later today like the last time on, "arbitration proceedings and investigations update" ?
Here I knew something was amiss 😡😡😡😡

Management thinks SHs are naive and giving their own spin on things which we have to defend against boatman and co. and look really stupid doing so.
 
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Nbaz

Regular
Here I knew something was amiss 😡😡😡😡

Management thinks SHs are naive and giving their own spin on things which we have to defend against boatman and co. and look really stupid doing so.
So the way I read today's announcement was;

DRC courts have said the deal between AVZ and Dothomire has nothing to do with us, we can't reverse it as it's under international rules and needs to be heard by the ICC if you want to fight about it. So unless Dathomire take us to arbitration, we should have 75% stitched up and can move on the ML and the hold ups.

The other battle at arbitration sounds like we won to have first heard the fight of pre-emptive rights and if they were followed correctly, if they were, then a fight for ownership will move forward. If AVZ was back doors, then we can move to purchase the extra 15%

Please tell me if I'm wrong, that just how I read it all. Not bad news, not good news, pretty much what we all knew. The only thing I feel has changed is it's not Zijin that's the hold up, I think it's the DRC case.
 
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Bin59

Regular
During the Question/Answer session at the Chatham house Royal Institute of International Affairs conference, I hope someone asked Felix about the DRC Manono Lithium asset as the world is aware of it.




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Rediah

Regular
So the way I read today's announcement was;

DRC courts have said the deal between AVZ and Dothomire has nothing to do with us, we can't reverse it as it's under international rules and needs to be heard by the ICC if you want to fight about it. So unless Dathomire take us to arbitration, we should have 75% stitched up and can move on the ML and the hold ups.

The other battle at arbitration sounds like we won to have first heard the fight of pre-emptive rights and if they were followed correctly, if they were, then a fight for ownership will move forward. If AVZ was back doors, then we can move to purchase the extra 15%

Please tell me if I'm wrong, that just how I read it all. Not bad news, not good news, pretty much what we all knew. The only thing I feel has changed is it's not Zijin that's the hold up, I think it's the DRC case.
Thank you 🙏

But in last 6 months we have comforted ourselves with our own interpretations to believe we are in good, which should have been the job of AVZ’s management to prove it to us with solid evidence.

These roadshows are 5 months too late. We still have no idea why we are in suspension and what are we doing and waiting for to get out of it.

With approximately $10k/day combined salary of the AVZ team, it’s not too much to ask to get better clarity from them for our investments when the make these announcements 🤷‍♂️
 
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Nbaz

Regular
Thank you 🙏

But in last 6 months we have comforted ourselves with our own interpretations to believe we are in good, which should have been the job of AVZ’s management to prove it to us with solid evidence.

These roadshows are 5 months too late. We still have no idea why we are in suspension and what are we doing and waiting for to get out of it.

With approximately $10k/day combined salary of the AVZ team, it’s not too much to ask to get better clarity from them for our investments when the make these announcements 🤷‍♂️
Completely agree, the company's ability to communicate to shareholders is terrible and always has been, however their in country respect and the way they seem to get things done ought to be commended. A lot of other companies would have sold up and left by now.
 
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Bin59

Regular
 
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Charbella

Regular
The Arbitrator has issued Procedural Order No.1-3 ruling in favour of AVZI

Do we know what procedural order No.1-3 entails? Anyone?
 
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Charbella

Regular
How on earth did you get this

"DRC courts have said the deal between AVZ and Dothomire has nothing to do with us, we can't reverse it as it's under international rules and needs to be heard by the ICC if you want to fight about it."

From the announcement? Did we read the same one?

The DRC courts literally said it did have something to do with them, and literally ruled to reverse it. They also didn't say anything to do with ICC that was just AVZ saying yeah sure they ruled in Dathomirs favour but we won't recognize that, only arbitration.
The Company is aware of a DRC Tribunal decision dated 20 September 2022 granting a request by Dathomir Mining Resources SARL (Dathomir) for the interim suspension of payments of purchase prices under SPAs by which Dathomir agreed to sell and AVZI agreed to buy a 15% interest in Dathcom (Dathomir SPAs) pending arbitration.
 
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wombat74

Top 20
"As previously announced and consistent with the above statements, AVZ confirms that it retains legal title to a 75% interest in the Manono Project and its pre-emptive rights over the balance of the Project." 20/10/22

So basically AVZ is ignoring Cong's claims . It's bogus and has no relevance . So Cong is off in his own little world trying to make something out of nothing and we ain't playing his game . ML coming up ?
 
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The Arbitrator has issued Procedural Order No.1-3 ruling in favour of AVZI

Do we know what procedural order No.1-3 entails? Anyone?
Charbella, just off the top of my head and without any looking into it…. I think it refers to AVZ wanting three Judges at Arbitration (Procedural Order No: 1)

Which means it ruled in AVZ’s favour of requesting three judges rather than one

I haven’t looked into the announcements yet as I am still too flabbergasted by the language I am reading…. There are far too many people trying to take my and @Winenut’s mantel….
 
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ChrisU

Guest
Ummmm really Xerox did u just ask the same person twice🤪
Has Tom been crowing ? I need to check the bird
I am not Der Geist.
Yes I skimmed it too and have now come back to it to have a proper look.

However small a win, It is good that AVZI were ruled in favour for the procedural rules and the place of arbitration, I bet those fuckers were trying for Hong Kong. So now its 1-1 (Zijin got the first goal with their 1 arbitrator to bribe)
The Arbitration itself is still to happen though and I really don't like the way in which this announcement was framed as a win, if we are celebrating this how low are our expectations? Nothing really has happened yet, so Zijin are purposely dragging this on, lets face it if they were out they would ask for a quick resolution and put up a very very lame fight then say to their holders we tried but the evil westerners and their round eyes they colluded to cheat us poor Chinese.

I have very little faith now that Zijin have stopped in their BS attempt to cheat their way into Manono.

The Dathomir case is referencing the one on twitter where the judge was supposed to take a few days. Wanker judge was obviously on the take, so now that drags on too, interesting as we were following up on this an never got anything back so no doubt it was hushed up and filed at midnight.

It's not looking good for this to be cleared up by the time the shitshow rolls around. Certainly not as good as I first imagined, if this is how we are to be treated at the roadshows they will quickly become shitshows WE ARE TIRED OF THE BULLSHIT MANAGEMENT!!!

More fucking easter eggs from those in the DRC supposedly on our 'side' but we're used to fucking easter eggs, champagne on ice and fucking imminent announcements, motherfucker just get the cunting thing signed stop fuck-arsing around on 20k-30k a month while many of us poor bastard investors who PAY YOUR PISSING WAGES struggle and suffer mentally and financially, its not fucking much to ask, afterall its not like you've had over a fucking year now to get the fucking thing signed, you all should think yourself lucky to still be in a job with that performance. You bastards should freeze your astronomical wages till the fucking ML is through and we are bloody building a mine, out of concrete and not fucking empty promises, easter eggs and champagne, show some god dam empathy and compassion. While we are at it fucking dive into those deep pockets of yours and BUY SOME SHARES what the fuck is wrong with your conviction, my balls are aching at just how little money the BOD have bothered to invest into the company. Words - Action = SHIT

fuck me Bags mushrooms kicked in

all too soft on managekeny last several AGMs. The share price doped us with last AGM. I am expecting we get doped again. But not holding my breath
It does seem to me like this is what happened though. Surely AVZ was aware through its local contacts and law team that Dathomir was awarded the tribunal decision. It also seems to me like they were planning to sweep it under the rug and not mention it, like they did with the last tribunal decision and like they seem to have done with everything that doesn't suit our interests (e.g Zijin) until their hands were forced. This announcement really appears thrown together around limited facts and at a strange time remove from the things it's detailing - like they have been questioned about it and thought well okay now we have to inform the market- which ties in perfectly with what Tommy says about this only happening after AFR questioned AVZ about the tribunal results.

It really isn't a good look IMO, and reinforces my concerns about the company's disclosure track record. Which really is woeful given any critical examination of the earlier timeline on Dathomir and Zijin issues.

Poor form.
Yes, it really does look like they were forced to say something rather than AFR say it.

AVZ seems worried about its shareholders revolting on management. I for one expressed, “if I see red”….and your opinion confirms what I have apprehended.

Giving Nigel some slack, he apparently knows rugby. And one tactic in rugby, revolving in an around a scrum, is all kinds of scheit is raked internally, but outwardly, you stand proud, and ready to coordinate and score.

I really don’t have an answer to appease us all except to say things are supposed to work and AVZ abided by the rules but when you’re dealing with crookery on a level we never thought possible, I mean ask what precedent there is for this Congo open corruption, this is an astonishing battle that is also a political battle for survival.

And I’ve thought could AVZ have done things differently to avert this? Only one option I can see is, Klaus could have been retained, but he left sometime late 2018,
 
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