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AVZ Discussion 2022
- Thread starter GazDix
- Start date
It looks like T Richardson found a great supporter in The Boatman.
TheBoatmanCapital
@BoatmanCapital
·
16h
@BoatmanCapital
"instructed lawyers Grosvenor Law to demand both the ASX and ASIC investigate AVZ for allegedly misleading the market and failing to follow its disclosure obligations"...
Quote Tweet
Financial Review
@FinancialReview
·
Oct 24
ASX-listed AVZ Minerals has acknowledged a Congo court ruling and separate dispute at the International Court of Arbitration. https://bit.ly/3CYLOji
4
TheBoatmanCapital
@BoatmanCapital
·
16h
Time for the regulators to take the lack of disclosure and historic governance issues at
@AvzMinerals
seriously. In the meantime, it is probably not a good sign when a company starts using twitter conspiracy theories as justification for bashing the press...
4
https://twitter.com/BoatmanCapital
TheBoatmanCapital
@BoatmanCapital
·
16h
"Company secretary Ben Cohen said AVZ would only respond further with its lawyers present due to unspecified allegations on social media that Financial Review reporter Tom Richardson is connected with a short selling group named Boatman Capital, which chose to publish mistruths.
I wonder what billing address the Boatman gave Grosvenor Law.
Maybe something like "Under Pont d'Arcole, Île de la Cité, 75004 Paris, France.
Anyhow hopefully Ben will be able to send the Boatman a letter and tell him to go and fuck himself properly, that is if the Boatman reveals its address.
Babcock would like to know it as well and tell the Boatman something along the same line.
TheBoatmanCapital
@BoatmanCapital
·
16h
@BoatmanCapital
"instructed lawyers Grosvenor Law to demand both the ASX and ASIC investigate AVZ for allegedly misleading the market and failing to follow its disclosure obligations"...
Quote Tweet
Financial Review
@FinancialReview
·
Oct 24
ASX-listed AVZ Minerals has acknowledged a Congo court ruling and separate dispute at the International Court of Arbitration. https://bit.ly/3CYLOji
4
TheBoatmanCapital
@BoatmanCapital
·
16h
Time for the regulators to take the lack of disclosure and historic governance issues at
@AvzMinerals
seriously. In the meantime, it is probably not a good sign when a company starts using twitter conspiracy theories as justification for bashing the press...
4
https://twitter.com/BoatmanCapital
TheBoatmanCapital
@BoatmanCapital
·
16h
"Company secretary Ben Cohen said AVZ would only respond further with its lawyers present due to unspecified allegations on social media that Financial Review reporter Tom Richardson is connected with a short selling group named Boatman Capital, which chose to publish mistruths.
I wonder what billing address the Boatman gave Grosvenor Law.
Maybe something like "Under Pont d'Arcole, Île de la Cité, 75004 Paris, France.
Anyhow hopefully Ben will be able to send the Boatman a letter and tell him to go and fuck himself properly, that is if the Boatman reveals its address.
Babcock would like to know it as well and tell the Boatman something along the same line.
So now AFRTom can quote incorrect information from Boatman, who can quote incorrect information from AFRTom, who can quote incorrect information from Boatman, who can........... ad infinitum until they disappear up their own arses.
Something along those line.
Good afternoon Punters
So it turns out Felix Ts favourite football team is Paris Saint-Garmain FC and one of his favourite players is Neymar. One of his favourite things to do in his small amount of down time is to watch a game!!
So I’m thinking for about 10m maybe we can get Neymar to endorse AVZ for a couple weeks. Let’s throw the hat around at the road shows, it’s really a small price to pay in the long run right?
Tuesday ramblings, nothing more
bring in the road show.
So it turns out Felix Ts favourite football team is Paris Saint-Garmain FC and one of his favourite players is Neymar. One of his favourite things to do in his small amount of down time is to watch a game!!
So I’m thinking for about 10m maybe we can get Neymar to endorse AVZ for a couple weeks. Let’s throw the hat around at the road shows, it’s really a small price to pay in the long run right?
Tuesday ramblings, nothing more
bring in the road show.
Rediah
Regular
Excellent work
, the. management should watch this before the RS to get some motivation. Also, I have to lift my game with a video meme, but it can only come out once we are out of suspension, otherwise it wont age well
Brilliant, just brilliant!!
DiscoDanNZ
Regular
I believe that falls under the umbrella of circle jerk journalism
Winenut
Go AVZ!
circle jerkalism???
Azzler
Top 20
That's the entire gambit of what they've dreamed up together.
Boatman makes up anything he wants, hiding his identity and location.
Tommy can simply quote what the boatman said. Notice Tommys articles hold no actual investigation on his part, no opinion, he just quotes what the scroatman said.
This way he avoids any litigation or blame, but it looks like journalism still.
After all he is just reporting what was said right?
Meanwhile it looks like an actual journalist is calling this "report" (camel excrement), fact.
ANY reasonable journalist could pick up the boatman report, look up a few things, talk to a few people and easily come to the conclusing and do a report on a short seller, misleading, stating rumor as fact, and outright lying to manipulate the market to make money for himself.
That's the real story of the boatman, a story of market manipulation out in the open.
Revolts me, truly. But it's just noise.
Last edited:
D
Deleted member 1612
Guest
DiscoDanNZ
Regular
Exactly, reminds of a great South Park episode.
The creators wanted to do an episode saying Tom Cruise is gay, instead of spending the week with the writers they spent the week they would normally spend writing an episode with a legal team brainstorming how they could say he's gay without being sued. It basically went like this:
What if we say he's gay? No, you'll get sued.
What if we say he's got a boyfriend? No, you'll get sued.
What if we say he's having sex with men? No, you'll get sued.
What if we say he's in the closet? No, you'll get sued....
What if we depict him literally being in a closet? Yeah, he can't sue you if he's literally in a closet.
Even better when they revisited this legal side stepping and doubled down in an anniversary episode:
As you can see above, Tom Cruise is clearly a fudge packer.
JAG
Top 20
Brownfields is an already operational site. Greenfields one that is currently under construction. Once constructed becomes a brownfield site (operational)
Samus
Top 20
“With the new metals super-cycle looming, nationalist measures are understandable” (Louis-Nino Kansoun)
(Ecofin Agency) - Mexico has decided to nationalize its entire lithium sector, hoping to make better use of this essential resource for the new electric battery industry. Louis-Nino Kansoun, author of the report “The temptation of nationalism and
the nationalization of resources in Africa”, explains to us how this Mexican experience can be of interest to African mining countries.
Agence Ecofin: Can you explain the context around this decision by Mexico to nationalize its lithium industry?
Louis-Nino Kansoun:Mexico's decision to nationalize its lithium resources bears the seal of a man, President Andrés Manuel López Obrador who came to power in December 2018. This is not the first time that he has distinguished himself by his nationalist wills. Earlier this year, in April, the Chamber of Deputies rejected a reform that proposed to increase the share of the electricity market managed by the public sector from 38% to 54%. The opposition had opposed this project by noting several negative impacts on the sector. It was a few days after the rejection of this reform project that the one on the nationalization of lithium resources was adopted, granting the Mexican State exclusive rights to the exploration and exploitation of this raw material, but also the administration and control of economic value chains. Following the nationalization, the country more recently created, in August, a public company to manage its lithium resources, which, according to the data published in our report"How Africa is Seizing the Opportunities Offered by Lithium", are part of the world's top 10.
AE: You explain that with the outlook for the lithium market, several African countries could be tempted to do like Mexico. Are there examples in Africa of public mining companies which have succeeded and which bring more to their country than private exploitations?
LNK: The first example that comes to mind is OCP, which is 95% owned by the Moroccan state. The Office Cherifien des Phosphates has been exploiting Morocco's vast phosphate resources for many years and its great contribution to the country's economy is beyond doubt. Phosphate is one of Morocco's main export products with 44 billion dirhams in 2015 out of a total of 366 billion dirhams of exports. Today, OCP is the largest producer of phosphate and its derivatives, with almost 30% of the world market and the second largest producer of phosphate fertilizer in the world.
“ The Office Cherifien des Phosphates has been exploiting Morocco's vast phosphate resources for many years and its great contribution to the country's economy is beyond doubt. »
Public companies that have succeeded, there are still some when we examine the history of the African mining sector. At one point in its history, the Congolese company Gécamines, for example, dominated the production of copper and cobalt.
At one point in its history, the Congolese public company Gécamines dominated the production of copper and cobalt.
At its peak, its tax payments to the state exceeded $350 million a year. Today, like Gécamines, several public mining companies are seen as problem companies and without great capacity, but this has not always been the case.
AE: Do African states have the financial and technical capacity to manage an entire industry like lithium?
LNK: You are talking about the two main obstacles that African countries would face if they chose the path of nationalization for a resource like lithium. Before marketing lithium, several years of work and investment are needed. The chain includes, for all mining raw materials, years of exploration, work to delineate a deposit, studies to assess the economic viability of mining, and then mining itself. Hardly a few mining exploration projects lead to exploitation, which gives an idea of the uncertainty and risk inherent in this activity. If an African country decides to manage its own lithium sector, the question of technical capacities will inevitably arise. Some work in the life cycle of a mine requires a highly skilled workforce. Assuming that this potential obstacle is overcome, the question of financial capacities is even more difficult to solve.
“ Even the Mexican president had to water down his wine a little by recently acknowledging that the country will not have sufficient means for the exploitation of lithium to be carried out solely by the public entity. »
Even the Mexican president had to put a little water in his wine by recently acknowledging that the country will not have sufficient means for the exploitation of lithium to be done solely by the public entity. He is considering private sector help, as he says it would require “a lot of investment”. To get an idea of the order of magnitude, to operate the Manono mine in the DRC with an annual production capacity of 700,000 tonnes of spodumene concentrate (SC6) and 45,375 tonnes of primary lithium sulphates, AVZ Minerals indicated that it will require an initial investment of more than $545 million.
AE: In recent years, to increase their mining revenues, some African states have instead played the card of tax pressure on companies. With what result?
LNK: Yes, in recent years we have witnessed a rise in resource nationalism in Africa, with states all sharing the same desire to derive greater benefit from the exploitation made of the wealth of their subsoil. Several countries have revised or attempted to revise their mining charters, we can cite for example the cases of the DRC, Mali, etc. If each time they came up against protests from companies present in the sector, several of these reforms ended up passing after months of negotiation. But beyond increases in taxes and royalties, some countries put pressure on companies to develop a local processing industry. With the new metals super-cycle looming according to many analysts, these nationalistic measures are understandable.
AE: Can nationalization be a solution to better manage the artisanal mining sector and put an end to the trafficking it generates in the fields of gold, diamonds, coltan, etc.? ?
LNK: There are so many problems in the mining sector in Africa that it would not be difficult to find new roles for public companies beyond the simple control of State participation in mines, as is the current case in some countries. The issue of illegal artisanal mining is precisely one of these problems. According to an OECD report published in 2018, the combined artisanal and small-scale gold production of Mali, Burkina Faso and Niger would be around 50 tonnes per year, most of it being exported illegally.
“According to an OECD report published in 2018, the combined artisanal and small-scale gold production of Mali, Burkina Faso and Niger would be around 50 tonnes per year, most of it being exported illegally. »
Public companies that help States in their desire to better control artisanal mining, it is therefore quite possible. In the DRC, for example, the State created by decree in 2019 the General Cobalt Company (EGC, editor's note), a company responsible for buying all Congolese artisanal production of cobalt, in order to fight against illegal exports and participate in the formalization of artisanal operations. The creation of this company, despite the difficulties encountered by the EGC since the launch of its activities in 2021, has something to inspire other African countries in their desire to better control the artisanal mining sector. In any case, public mining companies do not have to be automatically opposed to private mining companies
« Avec le nouveau super-cycle des métaux qui s’annonce, les mesures nationalistes sont compréhensibles » (Louis-Nino Kansoun)
Le Mexique a décidé de nationaliser l’ensemble de sa filière lithium, en espérant tirer un meilleur profit de cette ressource indispensable pour la
Goldbarr
Emerged
And If you pull down his shorts, he’s a BoatgirlIt looks like T Richardson found a great supporter in The Boatman.
TheBoatmanCapital
@BoatmanCapital
·
16h
@BoatmanCapital
"instructed lawyers Grosvenor Law to demand both the ASX and ASIC investigate AVZ for allegedly misleading the market and failing to follow its disclosure obligations"...
Quote Tweet
Financial Review
@FinancialReview
·
Oct 24
ASX-listed AVZ Minerals has acknowledged a Congo court ruling and separate dispute at the International Court of Arbitration. https://bit.ly/3CYLOji
4
TheBoatmanCapital
@BoatmanCapital
·
16h
Time for the regulators to take the lack of disclosure and historic governance issues at
@AvzMinerals
seriously. In the meantime, it is probably not a good sign when a company starts using twitter conspiracy theories as justification for bashing the press...
4
https://twitter.com/BoatmanCapital
TheBoatmanCapital
@BoatmanCapital
·
16h
"Company secretary Ben Cohen said AVZ would only respond further with its lawyers present due to unspecified allegations on social media that Financial Review reporter Tom Richardson is connected with a short selling group named Boatman Capital, which chose to publish mistruths.
I wonder what billing address the Boatman gave Grosvenor Law.
Maybe something like "Under Pont d'Arcole, Île de la Cité, 75004 Paris, France.
Anyhow hopefully Ben will be able to send the Boatman a letter and tell him to go and fuck himself properly, that is if the Boatman reveals its address.
Babcock would like to know it as well and tell the Boatman something along the same line.
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