Apologies that post was written about a million hours ago and incomplete and accidently posted now...
The point is (picking up the issue) at the AGM Nige intimated the reason for the suspension was somthing related to shorters coming onto the scene and Management wanting to shut down the damage to the SP
Umm...
View attachment 22356
Nahhh...
I'm calling absolute fucking bullshit to the max on that
The halt and suspension as per announcements was never ever anything to do with a short attack and looking to support the SP
It was (and always had been) in relation to issues (whatever they fucking are) over our "mining and exploration rights"
Anything mentioned about the ongoing suspension being in relation to an orchestrated short attack to me is convenient bullshit
If it was related to a co-ordinated short attack then put it in the fucking official company announcements
Otherwise it's bullshit
Really
Bullshit
View attachment 22360
Look , i was stunned when NIGEL mentioned the short attack reason for VS, is that even legal ?
I call BS too.
Just check this out.
Market Announcement 2 May 2022 2 May 2022 Market Announcement 1/1 ASX Limited ASX Customer Service Centre 131 279 | asx.com.au AVZ Minerals Limited (ASX: AVZ) – Trading Halt Description The securities of AVZ Minerals Limited (‘AVZ’) will be placed in trading halt at the request of AVZ, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 4 May 2022 or when the announcement is released to the market. Issued by Damian Dinelli Adviser, Listings Compliance (Perth
This dropped on the 4/5........
Ministerial Decree to Award the Mining Licence Manono Lithium and Tin Project Highlights: • DRC Minister of Mines has signed the ministerial decree to award the Mining Licence for the Manono Lithium and Tin Project to Dathcom Mining SA (Dathcom) 1 • DRC Mining Code requires the Cadastre Minier (CAMI), operating under the supervision of the Minister of Mines, to calculate the surface rights fee and officially award the Mining Licence following the receipt of payment • The Ministerial Decree to award the Mining Licence covers the entirety of the Roche Dure JORC Mineral Resource and Reserve2&3 and the Carriere de l’Este exploration target4 • An area which was excluded under the Ministerial Decree to award the Mining Licence, will be renewed under a 5-year Exploration Licence to Dathcom, with discussions regarding the terms of the ongoing joint venture under discussion with the DRC Government • The transaction with CATH is progressing well with closure formalities expected to be finalised this month, providing CATH an indirect 24% interest in the Manono Project, whilst AVZ retains a majority stake of 51
Should have a got a rocket response with that right ?
Started off that way, got a nice kick up to 118 ( green arrow ), then slumped to 78, with 164 million volume...............hmmmmmm, inside information much ?
Then this......
Market Announcement 9 May 2022 9 May 2022 Market Announcement 1/1 ASX Limited ASX Customer Service Centre 131 279 | asx.com.au AVZ Minerals Limited (ASX: AVZ) – Trading Halt Description The securities of AVZ Minerals Limited (‘AVZ’) will be placed in trading halt at the request of AVZ, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 11 May 2022 or when the announcement is released to the market. Issued by Nicola Mullen Adviser, Listings Compliance (Perth
Then this on the 11 / 5/ 2022.......
Receipt of request for arbitration AVZ International Pty Ltd, wholly-owned subsidiary of AVZ Minerals Limited (ASX : AVZ, OTCQX : AZZVF) (Company), has received a request for arbitration and related correspondence regarding the proposed commencement of arbitration proceedings by Jin Cheng Mining Company Limited (Jin Cheng) before the International Chamber of Commerce in Paris (ICC) to pursue claims by Jin Cheng to be recognised as a shareholder of Dathcom Mining SA (Dathcom). The request for arbitration is merely another attempt by Jin Cheng to press the allegation it has been ventilating in the media that it acquired a 15% shareholding in Dathcom from La Congolaise D’Exploitation Miniere SA (Cominiere). As previously disclosed to ASX on 4 May 2021, any purported transfer of the 15% interest to Jin Cheng would be a material breach of the pre-emptive rights contained in the existing Dathcom Shareholders Agreement, invalid and of no force or effect. The Company is considering the request for arbitration and related correspondence and will continue to take all necessary actions to resist Jin Cheng’s vexatious and meritless claims and to protect Dathcom’s and its interests.
Interesting to note that AVZ did allude this to the ASX on the 4/5/21.......
Then this there after on the 11/5 ......
Market Announcement 11 May 2022 11 May 2022 Market Announcement 1/1 ASX Limited ASX Customer Service Centre 131 279 | asx.com.au AVZ Minerals Limited (ASX: AVZ) – Suspension from Quotation Description The securities of AVZ Minerals Limited (‘AVZ’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of AVZ, pending the release of an announcement regarding its mining and exploration rights for the Manono Lithium and Tin Project. Issued by Nicola Mullen Adviser, Listings Compliance (Perth
Hind sight is a wonderful thing, but i regret not putting this on a slide and hand balling it to the BOD.
imo