AVZ Discussion 2022
- Thread starter GazDix
- Start date
Hope Nigel can pull out some nice movesSorry not sure, we are in the middle of a dance off at the moment with CAMI.
Never thought I would experience a short squeeze on a stock I am heavily invested in, this could be life changing. Could any honest shorters explain how the will handle the opening?
CashKing
Regular
While not a shorter, I suspect that bots will be working overtime to cap any price rise, and in the process allow institutional traders to unwind their positions in a controlled way. If the bots control the day, as they often do we may not get the opening we hope for. Just say'n, and hoping nonetheless for a stellar re-opening for all us patient shareholders.
Cheers
F
That's once all the shit is sorted and we trade. Totally agree.
However, I personally would not be surprised to see this dragging on well into September.
White smoke always takes longer than expected or hoped for.
With so many crims still apparently untouched and with Rumsfeldt's unknown unknowns, I for one will not be holding my breath.
Would be delighted to be wrong.
CeckRaiseFold
Regular
cruiser51
Top 20
Just had a look at the Cami office and it shares its address with a night club and no chimney on the building.
To get white smoke they will have to burn the joint down.
Remark
Top 20
Sounds like a plan
D
Deleted member 1612
Guest
This is me at work today. Getting a bit impatient for the ‘imminent’ announcement…
TheCount
Regular
This is me at work today. Getting a bit impatient for the ‘imminent’ announcement…
This is what Dina would do . . . . . . .
TC.
TDITD
Top 20
'Honest Shorters'
* "Here we have a very very rare animal, that will most definitely burn" *
Whose turn is it, are Zijin finished yet ?
TDITD
Top 20
I am seriously looking forward to 2H2025 dividend of 25cents. Heard it here first
TheCount
Regular
I am seriously looking forward to 2H2025 dividend of 25cents. Heard it here first
Answer = RETIREMENT!!
TC.
TheCount
Regular
Oh, and going on every other Lithium play on HotCrapper and abusing the shit out of them all!!!!!!!!!!
TC.
cruiser51
Top 20
For every 1,000,000 shares @ 25 cents dividend, an income of $250,000/annum and that is tax free in retirement, if you hold the shares in your superfund.
(not telling the missus)
Bin59
Regular
“#Tantalex/#Minocom cannot do work on the tailings (eg. drilling/exploiting) on our concession unless they hav permission w $AVZ / #Dathcom who own surface rights(the underlay) ”
Just wondering - do Dathcom actually OWN the surface rights yet if the surface rights fees haven’t been calculated, paid & ML issued? Or do the surface rights still exist with their current exploration permit?
The Fox
Regular
Good question.
If you are interested in some research, here is a good English translation of the Mining Code.
And here is a summary of the Code in English.
iclg.com
Having trouble finding the full articles for the 2018 amendments in English.
However this publication gives an overview / summary of the amendments at the time they came in.
www.dlapiper.com
If you come across the words 30% of turnover as the corporate tax, this is not the case, it is 30% of profit, something lost in translation on some of the information. 30% of turnover would never work of course.
One of the interesting items I noticed in the amendments was the tax offset/concession stability period for a new mine was reduced from 10 years to 5 years which is expected for AVZ, which is fair I guess......bugger, 10 years would have been magnificent.
Lastly, no updates from on the ground, its very quiet, the glass half full in me says something positive will happen today (DRC time) regarding CAMI and reported in due course. With Cami advising (yesterday DRC time) that white smoke expected within a few days, so maybe this extends things a short time, however with the change in attitude by Cami as reported, the last barriers to ML being issued should fall at any time. (this week would be very nice)
Cheers The Fox
If you are interested in some research, here is a good English translation of the Mining Code.
And here is a summary of the Code in English.
Legal Guides, Business Reports and Events | ICLG
The International Comparative Legal Guides provide current and practical comparative legal information on several jurisdictions in a Q&A format.
Having trouble finding the full articles for the 2018 amendments in English.
However this publication gives an overview / summary of the amendments at the time they came in.
A new mining code for the DRC | Insights | DLA Piper Global Law Firm
If you come across the words 30% of turnover as the corporate tax, this is not the case, it is 30% of profit, something lost in translation on some of the information. 30% of turnover would never work of course.
One of the interesting items I noticed in the amendments was the tax offset/concession stability period for a new mine was reduced from 10 years to 5 years which is expected for AVZ, which is fair I guess......bugger, 10 years would have been magnificent.
Lastly, no updates from on the ground, its very quiet, the glass half full in me says something positive will happen today (DRC time) regarding CAMI and reported in due course. With Cami advising (yesterday DRC time) that white smoke expected within a few days, so maybe this extends things a short time, however with the change in attitude by Cami as reported, the last barriers to ML being issued should fall at any time. (this week would be very nice)
Cheers The Fox
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