AVZ Discussion 2022

[Chilla]

Well these pricks just take a hand full of sleeping pills and sleep quite well I'm sure. But for christ sakes everyone NO MORE free fucking shares. The agm is just around the corner and wouldn't surprise me one bit for them to try it on.

There 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

 

[Xerof]

Well these pricks just take a hand full of sleeping pills and sleep quite well I'm sure. But for christ sakes everyone NO MORE free fucking shares. The agm is just around the corner and wouldn't surprise me one bit for them to try it on.

The NOM is already out, with no Freebies on the agenda

 

[Winenut]

Hi Chilla,

Pardon my ignorance, but where has it officially been said that we are relinquishing 50% of the companies main asset?
My understanding is that it is the Northern part of CDL and from going through all the drill results, I can't see where we have stuck any drills into it. Please correct me if I am wrong.

Cheers,
Nells

Pardon me jumping is....I know Chilla can speak for himself

I think the 50% is just an approximation of the lithium resouce inside the original 13359 permit asset

The 50% we may be "losing" is that part of 13359 that CAMI have carved off and is in dispute and contains a large chunk of CDL and the northenn part of the old 13359 tenement and which some are saying management may "negotiate" away to progress the ML

 

[Chilla]

Hi Chilla,

Pardon my ignorance, but where has it officially been said that we are relinquishing 50% of the companies main asset?
My understanding is that it is the Northern part of CDL and from going through all the drill results, I can't see where we have stuck any drills into it. Please correct me if I am wrong.

Cheers,
Nells

AVZ has said nothing officially. AJN made announcement on Tues 1 November 2022 stating they have support of DRC Govt for their Congo Ressources JV to be given a Lithium Licence in Manono in the next few weeks which is the exact area of the currently CAMI carved out CDL section of PR13359.

https://img1.wsimg.com/blobby/go/5a49fbec-1991-48cc-bcb2-3fda66468813/downloads/AJN%20NR%202022%2011%2001%20Licence%20Requests_MOU%20with%20DR.pdf?ver=1667305996025

 

[Winenut]

AVZ has said nothing officially. AJN made announcement on Tues 1 November 2022 stating they have support of DRC Govt for their Congo Ressources JV to be given a Lithium Licence in Manono in the next few weeks which is the exact area of the currently CAMI carved out CDL section of PR13359.

https://img1.wsimg.com/blobby/go/5a49fbec-1991-48cc-bcb2-3fda66468813/downloads/AJN%20NR%202022%2011%2001%20Licence%20Requests_MOU%20with%20DR.pdf?ver=1667305996025

What he said

 

[Nellie17]

Pardon me jumping is....I know Chilla can speak for himself

I think the 50% is just an approximation of the lithium resouce inside the original 13359 permit asset

The 50% we may be "losing" is that part of 13359 that CAMI have carved off and is in dispute and contains a large chunk of CDL and the northenn part of the old 13359 tenement and which some are saying management may "negotiate" away to progress the ML

Thanks Winenut,

Pardon me jumping is....I know Chilla can speak for himself

I think the 50% is just an approximation of the lithium resouce inside the original 13359 permit asset

The 50% we may be "losing" is that part of 13359 that CAMI have carved off and is in dispute and contains a large chunk of CDL and the northenn part of the old 13359 tenement and which some are saying management may "negotiate" away to progress the ML

Thanks Winenut for the reply,

In my opinion, we really need to wait and find out officially.
I'm preety sure even Klaus the c.nt mentioned it was the Northern section of CDL.
I'll be waiting to see officially, before jumping to conclusions.

Cheers,
Nells

 

[Remark]

Sorry boys, been offline.

Just got to Auckland. Was a long drive. Checked into hotel, just grabbing a few things for the wife, including a beer or two for my troubles.

I'll be there tonight and will get clarification on Northern part of CDL and the AJN announcement.

Nice one Muks, keep us in the loop, Thanks.

 

[CHB]

Would 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

 

[Winenut]

Would 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

Maybe we could make one up and leak it to throw a cat amongst the pigeons at AJN, CAMI, Zijin etc etc

 

[cruiser51]

That sounds like a plan

FFS if we can't post anything AVZ, because cunty Klaus will use it against us, we are reduced to this type of posts in future!

No more Klaus!! And your mates JFM and Cong are cunties too!!

 

[Chase]

The Northern Section actually does not have much/any CDL in it, it consists of Malata and Kahungwe

Yep exactly what I thought

 

[Nellie17]

AVZ has said nothing officially. AJN made announcement on Tues 1 November 2022 stating they have support of DRC Govt for their Congo Ressources JV to be given a Lithium Licence in Manono in the next few weeks which is the exact area of the currently CAMI carved out CDL section of PR13359.

https://img1.wsimg.com/blobby/go/5a49fbec-1991-48cc-bcb2-3fda66468813/downloads/AJN%20NR%202022%2011%2001%20Licence%20Requests_MOU%20with%20DR.pdf?ver=1667305996025

I beg to differ with the losing of 50% of our asset. But I suppose let's wait and see.


Cheers,
Nells

 

[Chilla]

The Northern Section actually does not have much/any CDL in it, it consists of Malata and Kahungwe

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.

 

[Remark]

.

 

[Onthefm]

Would 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

Dam pity your first corporate. And its going to be this shit show. Cheers

 

[Onthefm]

There 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

Exactly thanks for that. Are you going to agm

 

[Chilla]

Sorry incorrect.

Per AVZ 16.8.21

https://www.asx.com.au/asxpdf/20210816/pdf/44zbbxsbk6mglr.pdf

 

[Chilla]

Exactly thanks for that. Are you going to agm

No im in Melb. Will be doing the online attendance though.

 

[MoneyBags1348]

Hey money

Off topic i know, but curious to know why FFX is in suspension ?

Care to share ?

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]

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

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.