Nellie17
Regular
I beg to differ with the losing of 50% of our asset. But I suppose let's wait and see.
Cheers,
Nells
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Cheers,
Nells
Chilla
Regular
Northern Section actually has circa 75% of CDL length which is yet to be drill tested. The Southern Section that contains the current Exploration Target is 1.2km in length or circa 25% of the CDL Pegmatite length.
Dam pity your first corporate. And its going to be this shit show. CheersWould love Nigel to put up a secret (aka fake) slide of dates and names of people who are going to be jailed and have that leaked for shits and giggles just to make them sweat
Got an invite for the roadshow on monday, am stoked. I'm just a casual investor so will be the first time I go to any corporate event
Exactly thanks for that. Are you going to agmThere is no Resolution in the AGM requesting Performance Shares be voted on, so i dont think they can ask now. Too late and i think they have done the right thing by not asking given the situation at the moment.
Last years PR shares still have a cloud over them imo, including the ones that have already vested. Shareholders were asked to vote on granting PR's to BoD and Senior management as well as approve a Performance Rights Plan and Termination Benefits Plan without being disclosed of the legal issues that were already in play but Shareholders were unaware of.
IMO these 2021 AGM Agenda Items and Voting were undertaken without Shareholders being fully informed and disclosed of the legal actions in progress at the time.....which had they been disclosed may have altered shareholder voting and resulting in the Resolutions failing.
This needs to be brought up at this years AGM for comment from the BoD and specifically the Chairman John Clarke whose role it is to ensure Corporate Governance is squeaky clean in accordance with the Policy
Chilla
Regular
Chilla
Regular
No im in Melb. Will be doing the online attendance though.
MoneyBags1348
Top 20
The fuckers didn’t realise how much it costs to run one of the world’s biggest gold mines and couldn’t raise capital so they are now insolvent: meaning - liquidation, voluntary administration or receivership.
And AVZ holder’s think AVZ has got troubles
Fuck Me…. But I no complain
Chilla
Regular
MB .... actually FFX are not insolvent. The JV that holds the project is insolvent of which FFX own 80%. FFX were not able to find fresh capital to throw at the project so have turned the tap off to stop the bleed. FFX have about $40mil cash and 20% of LLL, so FFX itself is not insolvent, just writing off their investment in the JV which still hurts but not terminal so they will live and come back from suspension maybe when they find a new project and change their constitution. Might be a while yet. Im not a holder of FFX btw.The fuckers didn’t realise how much it costs to run one of the world’s biggest gold mines and couldn’t raise capital so they are now insolvent: meaning - liquidation, voluntary administration or receivership.
And AVZ holder’s think AVZ has got troubles
Fuck Me…. But I no complain
Nah it'll be juicy, akin to some thrashy American reality tv show hahaha. All other ones will probably be real mundane after this
MoneyBags1348
Top 20
I’m pretty sure that’s still in the section delineated as ours Chilla. I think it’s shown in the maps in the ASX announcements I posted before my last post
But I have to apologise, I’m not going back to look for it, I’m taking some time off
Chilla
Regular
Yup thats what im saying...this 1.2km section of CDL is the current exploration target and so is included and retained in the southern section of the split 13359. The part of CDL which is mainly only mapped north of Section 22200 looks to be carved out and included in the now contested northern section. The length of the northern section outside of AVZ exploration target is circa 75% the total mapped length of CDL.
MoneyBags1348
Top 20
Thanks Chilla, that’s better than nothing I suppose. I’ve watched my other investment…. BRN go from $2.00 to $0.60 so I’ve pretty well gone from the penthouse to the shithouse, but still hoping for the best on all three of these companies.
Good news was at least getting free LLL shares from FFX.
Thanks a lot for your input
You going to the melbourne shit show
Chilla
Regular
Yes mate. I have been to all previous presos as well.
MoneyBags1348
Top 20
Ok, so from today, NOTHING should be put up in here thats not in the public arena
Everyone agree? - any snippets can easily be shared by the private message service available on here. (the envelope)
If I recall correctly, someone’s private message service was Porn Hub…. just can’t remember who it was
But for some reason it does remind me a little of @TDITD and @John25
Chilla
Regular
CDL 5.5km in length as mapped by AVZ.
So the 1.2km retained in the southern section is more like circa 20% of the known CDL pegmatite. it likely could have further openness to the north east of the current mapping, as AVZ also show possible pegmatite continuing on trend in its 100% owned extension PR4029.
MoneyBags1348
Top 20
Fuck Red, trolls might be among those who still try and make contact.
To be honest, I’ve had my hands full keeping up with info here and trying to take care of my partner and I’m a little bit jaded like @The Fox and @Sammael.
I don’t want to put it all on @JAG, maybe @Chilla could join in, truly mate, it’s a good suggestion but I’ve about had it!
You down to y&js for a quiet beforehand I think I'll slip in for a couple. Cheer
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