AVZ Discussion 2022

[Carlos Danger]

Your thoughts are well considered but continuous disclosure rules are quite simple and rigorous about what’s to be disclosed and the test is also not just ‘aware’ but ‘ought to know’.

https://www.asx.com.au/documents/about/abridged-continuous-disclosure-guide-clean-copy.pdf

These are two test questions ASX asks companies to consider on whether to disclose information on events that possibly can affect the project’s material progress:

(1) “Would this information influence my decision to buy or sell securities in the entity at their current market price?”
(2) “Would I feel exposed to an action for insider trading if I were to buy or sell securities in the entity at their current market price, knowing this information had not been disclosed to the market

There’s a lot more. Sections 6&7 show how rigourous the ASX is asking a company to be in being objective.

Back in 2017 under Gary Steinepreis (Steinepreis brother a top corporate lawyer) the MMCS1 claim was announced. This affected the share price after release. I held on having checked that administrative appeals in DRC jurisdiction are endless. And decided to buy more. The right decision retrospectively.

Hence DRC either wants you or they don’t. They decide. It was clear AVZ was wanted for its geological expertise

In late April, early May 2022, before any ASX announcements on subject there was social media speculation on AVZ conflicts with JV partners. The share price dropped from around a dollar towards 70cps, oscillated before and after Decree announcement then suspension less than a week later set it at 78cps.

The thing about the decree announcement is that it came out embedding an address on media speculation. IWe can not see clearly market reaction to AVZ views on Media speculation to share price because a very positive ministerial decree for mining license was also announced. The decree however did mention a change in zoning for the 13359 tenement but this was still for Dathcom’s licensing. Sometimes people consider such announcements on decrees as fluff announcements they are not quite material in the same way as saying “we’ve got it the license, stupid” and will sell into this news. Hence why I say it’s not clear to attribute cause of share price collapse.

I consider the dramas with JV partners more material than the MMCS1 claims and yet AVZ treated as speculation.

I just know that if I had known about the the dramas officially from AVZ as early as Dec -January 2022 (Dathomir attack) I would have taken some shares off the table and assess and obsess over the degree of materiality.

And I’m not sure where the Sp was in January will be visiting us again near term. We will need blockbuster announcements to weather the reputation fall out after 4 months of suspension.

You raise some valid points but again I think the focus should be on the validity of the claims made by other entities when assessing whether AVZ needed to disclose them and that shouldn't be swayed by the financial outcomes of shareholders in my opinion.

Generally speaking just because a share price goes up doesn't mean management have acted legally and just because a share price goes down doesn't mean management have acted illegally. Share prices can be manipulated in both directions.

Keep your sights on the jungle and not just the trees.

 

[ChrisU]

Listen to a troll for balance..can’t be serious surely.
l will be reporting your post for your incestuous comments, not needed here or elsewhere.

I thought you might understand what I mean. Troll is any contrary view by a percieved outsider to a self defined inside group

You want to decide what is legitmate and censor constructive discussion? I’ve already noted the ASX pdf on continuous disclosure has been ‘disappeared’. Whoever has colluded on that is just repressive and fails the public interest.

Currently I see way too much upramping by some long term holders: All the hyperventilating on AVZ sentiment is unnecessary, the subtext is often something like this and is insulting to retailers with less experience and knowledge in the company:

“New deep pockets are going to save AVZ with one blockbuster erected after another while little lamb retail along with clueless asx 2/300 funds are the dummies - so don’t get caught in the rip, Hold on or top up.”

Just remember the Langford spell 2017/18 to know what I’m talking about.

 

[ChrisU]

You raise some valid points but again I think the focus should be on the validity of the claims made by other entities when assessing whether AVZ needed to disclose them and that shouldn't be swayed by the financial outcomes of shareholders in my opinion.

Generally speaking just because a share price goes up doesn't mean management have acted legally and just because a share price goes down doesn't mean management have acted illegally. Share prices can be manipulated in both directions.

Keep your sights on the jungle and not just the trees.

The validity of claims is part of it. But it’s not the sole criteria.

Share price is another aspect to decide quantitatively on any detriment realised, between not knowing because a company didn’t disclose X and knowing (to some decisive degree) when a company discloses something about X.

It’s in continuous disclosure rules for ASX. Read it, it tells you how hard the test is to evade. I was surprised how the objectivity is preserved. Smart lawyers put it together

 

[Mr Inappropriate]

<snip>
Latest is mining license on Monday and the yanks are climbing onboard…

Can you elaborate? Replacing an existing investor on the register? Replacing a planned investor (I.e. CATL). Scooping up a shit-tonne of shares on-market?

 

[Winenut]

Fuck me

I may as well go back to the Crapper

 

[Tunedin]

So a troll comes in and everybody wastes their time replying to it? This is why I left the crapper. I’m going to be reporting this troll and I suggest you all do the same. Otherwise this will rapidly become the next crapper. It has already transformed into that today. I would prefer to keep this forum free of such scum. What do you all think, have you had enough of this troll?

 

[Bin59]

The power of three …

 

[Bin59]

Has anyone found the minutes of the recent council of ministers meeting held on Friday - they're usually out by now … @Frank?

 

[ChrisU]

Fuck me

I may as well go back to the Crapper

View attachment 15842

View attachment 15843

Well it’s not a surrogate for WhatsApp’s or an echo chamber.

 

[MoneyBags1348]

Hey @BEISHA stop laughing at my posts, I’m trying to get ready for bed!! By the way, do you think if we just talk amongst ourselves, you know who will go away? …. Upon reflection, I know very well it’s not nice to encourage others to team up against someone, and so I apologise for that last sentence…. it’s just that it’s not all that hard to pick a troll (and other others who support the troll) and when there appears to finally be some positive news on the horizon and someone starts trying to draw attention to something that happened nearly a year ago, and has to reply to every post, well you don’t need me to join the dots. So…. now what I have successfully done here, is go back in time and edit (make changes) to this post, and then go forward in time to Rediah’s post and follow his advice and put said troll on ‘ignore’ thus fully solving this predicament. Ah those days spent drinking mushroom coffee have come back to me, once more allowing me to bend the space - time continuum

 

[Rediah]

So a troll comes in and everybody wastes their time replying to it? This is why I left the crapper. I’m going to be reporting this troll and I suggest you all do the same. Otherwise this will rapidly become the next crapper. It has already transformed into that today. I would prefer to keep this forum free of such scum. What do you all think, have you had enough of this troll?

I have put him/her/it on ignore right away because …

 

[ChrisU]

So a troll comes in and everybody wastes their time replying to it? This is why I left the crapper. I’m going to be reporting this troll and I suggest you all do the same. Otherwise this will rapidly become the next crapper. It has already transformed into that today. I would prefer to keep this forum free of such scum. What do you all think, have you had enough of this troll?

The trolling behaviour are those replying with name calling and doxxing and coluiding to censor valid constructive discussion.

Less trolling with name calling and doxxing or flaming then less hotcrapper

What do you say?

 

[Onthefm]

So a troll comes in and everybody wastes their time replying to it? This is why I left the crapper. I’m going to be reporting this troll and I suggest you all do the same. Otherwise this will rapidly become the next crapper. It has already transformed into that today. I would prefer to keep this forum free of such scum. What do you all think, have you had enough of this troll?

It's social media mate it can't help but go the same way as twater and crapper. Has something to do with people's inate ability to be nasty if someone has a different perspective. Rather than ignoring it. Or taking it in then ignoring it.

 

[mouseflying]

According to the video

Right now,DRC is negotiating with interested party for the 15%,
and few days ago our lawyer listed our offer on twitter, and then deleted.

Apparently, we are one of the party negotiating with DRC government. Hopefully, Dathomir's15%(court case) and this 15% can be secured by us.

Are there any updates?

 

[Nbaz]

According to the video

Right now,DRC is negotiating with interested party for the 15%,
and few days ago our lawyer listed our offer on twitter, and then deleted.

Apparently, we are one of the party negotiating with DRC government. Hopefully, Dathomir's15%(court case) and this 15% can be secured by us.

Are there any updates?

@

Howdy, my pleasure.

Mate I’ve only been focussed on the issues with CAMI for many weeks, and more recently on the Cong court case.

I haven’t had any discussions around what will and won’t be in future announcements as per the items you have raised apart from the ownership %.

I’m not expecting a “coming out of suspension” type of announcement in the very short term. I’m certainly expecting this month on or before Bill Murray’s birthday.

Cheers The Fox

“APPARENTLY” and “IMO” for Sam.

Should we expect any news this week Fox? Or more towards the end of the month(Bills birthday)?

Deboss' tweet seemed to have more urgency in it, he didn't state when but felt like this week.

 

[Retrobyte]

Looks like it's almost time to blow up TSE and start a new forum again. Was always just going to be a matter of time I suppose.

 

[Bray]

@zeebot will sort out any scumbags causing unnecessary drama

Fingers crossed for some news this week

 

[Der Geist]

Welcome @Der Geist, I'm probably the only one here who will do that btw, lol

for clarity and openness for the future, is this your only non de plume for TSE? I'm looking at R2D2 with some suspicion

hi Xerof. Thanks for your good will.

I’m not R2D2. I don’t know and don’t care who people are unless they are an existential threat to me or my investment. I can see some people are feeling threatened by R2D2’s serious take. he /
she is entitled to that. And, I note they self censored around insider trading when they made their list (don’t ask me what!!), so I don’t see them as a troll.

I just intend to deal in facts about the stock. AVZ has been bashed with too much schadenfreude hence why I took to AFR-Tom who along with the feckless craven assault by Cong actually changed my mind about AVZ enough to defend the fort. Never ever let the AFR slag AVZ. They did it with Myriam Robinson on “Lords of Lithium”. Many false points that brought out my litigious fangs, it was only Langford that held back because I guess he really was pushing the edges of acceptability in promotion.

Can we keep it that way (about stock) on TSE ? Let’s try.

I have reviewed the history of chats in this forum, and can see there are supporters and knockers.
The reason why I think people may not welcome me is something I’ve reflected on and gone back over my tweets and can see my tweets as running people the wrong way. But I ask questions and my ambiguities are AVZ’s ambiguities and I want shareholders (retail) empowered —not belittled not condescended to, not held in contempt by management and not servile. I think we all want respect.

At the time of last AGM I just didn’t like what o heard happened. ASIC has new rules for AGM. I’m expecting managment to pay more attention to these rules next time.
Elphamale privately complained to me about AGM results. Some just say sour grapes from him. But it’s more than that. And if you dig deep you’ll see some of the fiercest critics of management time and time again has been the most respectable and legitimate posters, setfire2thehive.

So if I’m not welcomed it’s because they don’t understand or haven’t followed my rationale thoroughly. I am for shareholder value. And think shareholders and management are not the same team. There’s a tension and it’s called fiduciary duty.
Twitter platform is notoriously difficult anyway for long documents/ banter.

 

[Der Geist]

Deboss is just a happy Greek creating his own cosmos. No doubts though

@

Should we expect any news this week Fox? Or more towards the end of the month(Bills birthday)?

Deboss' tweet seemed to have more urgency in it, he didn't state when but felt like this week.

 

[Remark]

It's not about trolls & rampers, more so the timing of their emergence.

"Now there's one in the spotlight, he don't look right to me
Get him up against the wall...."