AVZ Discussion 2022

[Azzler]

Hi all.
There was lots of talk going into these roadshows about clarifying exactly what caused us to go into a trading halt.

Seems kinda obvious, but has anyone asked Nige plain and simple:
"What would need to occur for us to start trading again?"

I can't say I'm clear on that. We all kind of assume it's the issuing of the mining licence. But is there anything else before that/something else after that we'd also need?

Thanks for all the thoughts and impressions from the roadshows so far!

Yeah it's the granting of the mining licence, will trigger immediate end of suspension, and release of BFS.

 

[Misfits]

Yeah it's the granting of the mining licence, will trigger immediate end of suspension, and release of BFS.

Wont be a release of the BFS util the 15% is sorted out. Apparently they are working on it .

 

[Azzler]

Wont be a release of the BFS util the 15% is sorted out. Apparently they are working on it .

May I ask where you got that info from?
I haven't heard that, or I missed it.

 

[Roon]

Wont be a release of the BFS util the 15% is sorted out. Apparently they are working on it .

I don't see how that could be the case? They need the BFS to get funding for the project, as the DFI entities said they needed the ML and the bankable feasibility study. If we were to wait on the 15% to be sorted out, that could take forever, setting back FID, setting back getting a EPC contractor, etc. Etc.

Is this referring to the Dathomir 15% or the Zijin 15%? I guess if the former they could pay the fucker Cong out his 30mil or whatever, but if its the latter that could be a loooong way away seeing how the ICC works, alongside Zijins delay tactics. April at the very earliest and highly likely that's just an initial session.

 

[CeckRaiseFold]

Wont be a release of the BFS util the 15% is sorted out. Apparently they are working on it .

I assume that's the remaining 15% of Cominiere not the purchased 15% of Dathomir?
BFS could be issued based on 100% project value not sure why this is a prerequisite

 

[Doc]

Pic from Melbourne RS of Nigel warming up ready to do his magic….

 

[Doc]

Pic from Melbourne RS of Nigel warming up ready to do his magic….
View attachment 21545

If Chilla comes out pacified then I will call Nigel ‘The Wizard’

 

[cruiser51]

I don't see how that could be the case? They need the BFS to get funding for the project, as the DFI entities said they needed the ML and the bankable feasibility study. If we were to wait on the 15% to be sorted out, that could take forever, setting back FID, setting back getting a EPC contractor, etc. Etc.

Is this referring to the Dathomir 15% or the Zijin 15%? I guess if the former they could pay the fucker Cong out his 30mil or whatever, but if its the latter that could be a loooong way away seeing how the ICC works, alongside Zijins delay tactics. April at the very earliest and highly likely that's just an initial session.

Do you think Zijin owns 15% of Dathcom?

I am just curious.

 

[Azzler]

6pm! Melbourne boys face off!

 

[Azzler]

Nigel...

 

[Roon]

Do you think Zijin owns 15% of Dathcom?

I am just curious.

No, I don't think that. Though they still seem to. Should've worded it differently. The 15% artist formerly known as Zijin

 

[Peterg]

I went to the RS last night, gotta say I left a little dissapoint. I get the secret code, but, I fall to see why a RS if this is the case. I got to see Deboss, car out the front, as I walked down to the parking lot to retrieve my work ute. Let's hope we get some news fast as time is the enemy.

 

[Roon]

I went to the RS last night, gotta say I left a little dissapoint. I get the secret code, but, I fall to see why a RS if this is the case. I got to see Deboss, car out the front, as I walked down to the parking lot to retrieve my work ute. Let's hope we get some news fast as time is the enemy.

Interesting, thanks. That's two people now that have said they felt underwhelmed. Did it feel like mostly a repeat of the previous meetings last year, with added nods and winks? Or was there good positivity around the new stuff, with at least some things cleared up? Don't answer if you don't want to, of course

 

[cruiser51]

No, I don't think that. Though they still seem to. Should've worded it differently. The 15% artist formerly known as Zijin

I reckon it is wishful thinking from Zijin.

However, it would make sense to complete the acquisition of that 15%, prior to releasing the BFS.
But that is of course IMO.

 

[Peterg]

hahaha that was hilarious.

Although i'm sure it's just that the words came out wrong.

Think the bloke just meant we should spend cash on good publicity to counter the thrash rumours

Arrrr, his intentions were good I am sure.

 

[Peterg]

Interesting, thanks. That's two people now that have said they felt underwhelmed. Did it feel like mostly a repeat of the previous meetings last year, with added nods and winks? Or was there good positivity around the new stuff, with at least some things cleared up? Don't answer if you don't want to, of course

Nothing new, that's all. Everything that we already know. Just don't listen to the gossip as it's not true.

 

[Retrobyte]

Maja is promising on the bird to go hard tonight at the Melbourne RS. I guess she won't be difficult to spot

 

[Hemicuda]

Hmmm

 

[Roon]

I reckon it is wishful thinking from Zijin.

However, it would make sense to complete the acquisition of that 15%, prior to releasing the BFS.
But that is of course IMO.

Agree, though that could take quite a long time unless Zijin officially pulls out in April or before - which I doubt. I think April will be just a step in the arbitration too, not the final judgement. So that puts FID a long long way back. With NF's repeated first SC6 on train in 2023 now looking more like a win if we start can even start construction in 2023. Of course he didn't know what was coming, but production i feel is a ways ways off even if everything shakes out okay from the current battles

 

[Thaz]

Maja is promising on the bird to go hard tonight at the Melbourne RS. I guess she won't be difficult to spot

This shows you all you need to know about this Maja person, imo.