AVZ Discussion 2022

[cruiser51]

Pull your head in.

I'll let you know when I am talking to you.

I will not be bullied by crocs.

I hope you know what a croc is.

 

[Onthefm]

Ownership isn't the reason for suspension

I've made my view known here before that we should be trading. I don't bang on about it but I really can't see what information is unknown to the market at this point. However, I understand management's reason for the suspension and support them in defending the legal rights of the company.

View attachment 24948

Anyone that thinks the ICC is going to overturn more than a century of contract law precedent for a knucklehead like Cong is dreaming. I'm not as brave as @JAG to put one of my nuts on the line but there is zero chance he will risk being made liable for

 

[Mr Inappropriate]

I'll let you know when I am talking to you.

I will not be bullied by crocs.

I hope you know what a croc is.

This isn’t hot crapper. Show some respect or fuck off.

 

[Onthefm]

Agree not about ownership. Its about the piper not being payed 10 months ago. Now its morphed into to who knows. Definitely not me. All I'm saying all this shit may have been avoided. Anyhow that's what I reckon. All the best have a great Christmas cheer.


Ps might even open 3 or 4 of those champagne bottles I've had on ice for 12 months. Fuck I hope they're still alright.

 

[DiscoDanNZ]

I'll let you know when I am talking to you.

I will not be bullied by crocs.

I hope you know what a croc is.

Is it a full moon tonight or something?

 

[Carlos Danger]

Agree not about ownership. Its about the piper not being payed 10 months ago. Now its morphed into to who knows. Definitely not me. All I'm saying all this shit may have been avoided. Anyhow that's what I reckon. All the best have a great Christmas cheer.


Ps might even open 3 or 4 of those champagne bottles I've had on ice for 12 months. Fuck I hope they're still alright.

I hear ya. But we would have had him coming back every time the value of the project went up. Plus emboldened the other jackals.

Merry Christmas. I'm sure the champagne is in better shape than any easter eggs you may still have lying around.

 

[cruiser51]

This isn’t hot crapper. Show some respect or fuck off.

If you are not happy, nobody stops you, feel free and leave.

Yes this is not hotcrapper, totally correct, so do not tell me, to behave the way Mr. Inappropriate likes people to behave.

I noticed you joined TSE early May, people will think why not.
Do you understand where I am coming from?

 

[cruiser51]

 

[DiscoDanNZ]

If you are not happy, nobody stops you, feel free and leave.

Yes this is not hotcrapper, totally correct, so do not tell me, to behave the way Mr. Inappropriate likes people to behave.

I noticed you joined TSE early May, people will think why not.
Do you understand where I am coming from?

Are you trying to do the post like Der Geist challenge? You are succeeding if so.

 

[cruiser51]

And here we are so-called share holders asking for class action.

One wonders why people invest in a company, promote a class action to gain 3 cents per share and lose the rest.

Great investment minds ffs, where do they come from?

 

[Carlos Danger]

If AVZ's offer to Cominiere is accepted and implemented at the current shares outstanding of 3.529b then I expect 307m shares to be added to the AVZ register for the DRC government taking total AVZ shares outstanding to 3.836b.

3.836 (100%) - 3.529 (92%) = 0.307 (8%)

The 307m shares would be worth $239.4m AUD at the current share price of 0.78 which at today's AUDUSD exchange rate of 0.67 is worth $160.4m USD. Which leaves a balance of $5.6m USD ($8.3m AUD) left to be paid in cash for a total of $166m USD.

I have rounded these numbers and they are sensitive to the moving exchange rate so they could change a bit. Also the offer was made at a significantly lower share price which would have meant the 8% was worth less and more cash would have been part of the deal.

Will the DRC government be happy with less cash up front?

Not sure and maybe this has been part of the hold up. Again my belief is the preservation of the value of the 8% is a part of why we have been in suspension. There was a major drop in our share price after the Ministerial Decree on May 4th 2022 from around 1.20 to around the current price of 0.78. I don't attribute all of that to just concerns about the Zijin rumours as AVZ never held or claimed to own the 15% in question. Other forces were at play in my opinion.

Just over a year ago Zijin bought around 80m AVZ shares through a subsidiary of a subsidiary called Bellamel (Norton Gold Fields is the middle company). They got salty when we announced the CATL deal and sold enough of those shares to get out of the top 20.


View attachment 16152
View attachment 16153

View attachment 16154

My belief is Zijin didn't sell all of their holdings and possibly had more shares in other subsidiaries that they were using to push down the value of our offer to the DRC government on May 4th. Management would have been aware of who was selling that week as they get the updated register once transactions have cleared. So the timing of the suspension the week after matches my theory.

Also in general more shares being issued by a company is a dilution of value for existing shareholders. If we do get up to 5b shares and a $20b market cap then those shares would be worth $4.00 each as you say. If we get to the $20b market cap at the 3.83b shares I'm expecting then those shares would be worth around $5.22 each.

Nigel said in interviews earlier this year that the boards preference moving forward is to use debt for financing future costs rather than issuing more shares to maximise future shareholder value. Also we have secured $500m USD in financing for the construction of the mine according to Christian Lukusa in the interview the other day. If we do need to issue more shares then so be it but I can't see us needing to go over 4b shares total.

Not overlooked by everyone imo

 

[BEISHA]

Hi All


Errrrrrr..............Is this the HOT CRAPPER on steroids ?

Cmon everyone, this is TSE, where the smart ones get together and discuss situations with intellect and respect, right or wrong, a place to vent , but not to attack...........remember that ?

Fucking disgrace at the moment .....................farken pull your heads in !! ( no names, no pack drill, you know who you are ... )

Trolls and AVZ detractors are looking in and licking their lips right now.

Its been a fucking tough year with this continued shit show, the real enemy in this disaster is DATHOMIR / COMINIERE / CORRUPT ACTORS OF CAMI / BOATMAN / TOMMY and the COPIOUS SHORTERS .

We can all discuss the merits of whether AVZ bod have been diligent or not in their disclosure obligations, Nigels share holding in AJN till the sun comes down, but we are going down a massive rabbit hole if a CLASS ACTION is to be under taken against AVZ.

Its the last thing we farken need right now, more delays, more shit show, more expense, more mental health demons to navigate and the chances of having a win is ???????

Dont you think its a bit coincidental that this OMNI BRIDGEWAY " class action " article happens to have broken on AFR ?

With ole Tommy arsehole articulating the story ...........

I wonder who his collaborators are ?

You dont have to be judge judy to figure it out do we ?

I for one wont be participating in a class action witch hunt, counter productive, do i think AVZ could of communicated better with "behind the scenes skull duggery" ?.............YES

But does disclosure rules cover innuendo ?

Thats the grey area in all of this.


One thing i am very confident of .............is that AVZ has good legal title to 75%

I trust AVZ bod in that regard and the recent intel that is shared by our amazing sleuths @ TSE is kind of supporting that fact.....hopefully......


Fuck I love FRANCK FWAMBA.......


2023 , is election year for FELIX " wait a while ".............he needs to score some runs and stop farking talking , if he had a brain he would honour the IGF report , clean out CAMI and award AVZ the ML.......then he has a chance for re election.


In the mean time, we all need to be kind and respect one another and be prepared for another long haul of waiting for the worm to turn .

We are all stuck in the mire TOGETHER, we will ALL get out of the mire TOGETHER too..........with the ML as the long awaited prize, the KEY to our future wealth & health.


Just a matter of ..........when ?

 

[cruiser51]

OK, class action..... for what??
Less than 3 cents per share??













Yes. let's go for a 3 cents per share class action, smart thinking 96!!

 

[DiscoDanNZ]

Sensitive content? Only our competitors should fear the monster of Manono

 

[Misfits]

#URGENT #URGENT I insisted today on TV 50 that Madam Deaconess Adèle Kayinda Minister of State Minister of the Portfolio to answer before Justice with regard to her political responsibility in the case #COMINIERE

 

[Samus]

Sale of the mining assets of Cominière SA: Technical director Célestin Kibeya accused of complicity and usurpation of competence​

bayetayunus

December 19, 2022



Congolese civil society organizations and platforms specializing in mining issues (Justicia Asbl, LICOCO, RND Asbl, POM, MDR, GANVE, CDH, ESPOIR ONG, RCEN, CERN/CENCO, TPRDC, MAX IMPACT), monitoring exploitation of natural resources in the Democratic Republic of Congo, accused, in a press release, the technical director Célestin Kibeya Kabemba of being no stranger to the selling off of the mining assets of the Congolese mining company (Cominière SA). Worse still, the man exercises the functions of interim Director General without presidential order, nor decree of the ministry of supervision, that of the Portfolio, even less a report of the Board of directors. "Already on October 26, 2022, when the interim Managing Director Mwamba Athanase was not yet in the hands of Congolese justice, the same Mr. Kibeya had co-signed as '' Managing Director ai '' on behalf of Cominière SA a press release press attributed to UNITED COMINIERE SAS with Eric Allard, a convicted person in Lubumbashi for forgery and use of forgery, and Michel Kitwa Nelkin. “, denounce these NGOs.
These structures draw the particular attention of the President of the Republic, Félix Félix Tshisekedi and the Prime Minister, Jean-Michel Sama Lukonde to these facts. "Mr. Célestin Kibeya is one of the key players in the sale of Cominière SA shares to Jin Cheng Mining Company Limited (a subsidiary of Zijin) and the undervaluation of the market value castigated by the General Inspectorate of Finance ( IGF) and for which Mr. Mwamba is the only one warned to date, while several elements demonstrate internal teamwork at Cominière SA. “, warn these civil society structures.

Bradage des actifs miniers de la Cominière SA : Le directeur technique Célestin Kibeya accusé de complicité et d’usurpation de compétence – Congo nouveau

congo-nouveau.info

 

[DiscoDanNZ]

Urgent urgent…bla bla, bla bla
BOD…tell the truth to all of us…

Who's friend are you? Cong, DG, Boatman or Tommy Twothead

 

[Samus]

 

[Fletch77]

Who's friend are you? Cong, DG, Boatman or Tommy Twothead

Use the Report button guys.. sick of that flog

 

[TDITD]

Hi All


Errrrrrr..............Is this the HOT CRAPPER on steroids ?

Cmon everyone, this is TSE, where the smart ones get together and discuss situations with intellect and respect, right or wrong, a place to vent , but not to attack...........remember that ?

Fucking disgrace at the moment .....................farken pull your heads in !! ( no names, no pack drill, you know who you are ... )

Trolls and AVZ detractors are looking in and licking their lips right now.

Its been a fucking tough year with this continued shit show, the real enemy in this disaster is DATHOMIR / COMINIERE / CORRUPT ACTORS OF CAMI / BOATMAN / TOMMY and the COPIOUS SHORTERS .

We can all discuss the merits of whether AVZ bod have been diligent or not in their disclosure obligations, Nigels share holding in AJN till the sun comes down, but we are going down a massive rabbit hole if a CLASS ACTION is to be under taken against AVZ.

Its the last thing we farken need right now, more delays, more shit show, more expense, more mental health demons to navigate and the chances of having a win is ???????

Dont you think its a bit coincidental that this OMNI BRIDGEWAY " class action " article happens to have broken on AFR ?

With ole Tommy arsehole articulating the story ...........

I wonder who his collaborators are ?

You dont have to be judge judy to figure it out do we ?


View attachment 24952


I for one wont be participating in a class action witch hunt, counter productive, do i think AVZ could of communicated better with "behind the scenes skull duggery" ?.............YES

But does disclosure rules cover innuendo ?

Thats the grey area in all of this.


One thing i am very confident of .............is that AVZ has good legal title to 75%

I trust AVZ bod in that regard and the recent intel that is shared by our amazing sleuths @ TSE is kind of supporting that fact.....hopefully......


Fuck I love FRANCK FWAMBA.......


2023 , is election year for FELIX " wait a while ".............he needs to score some runs and stop farking talking , if he had a brain he would honour the IGF report , clean out CAMI and award AVZ the ML.......then he has a chance for re election.


In the mean time, we all need to be kind and respect one another and be prepared for another long haul of waiting for the worm to turn .

We are all stuck in the mire TOGETHER, we will ALL get out of the mire TOGETHER too..........with the ML as the long awaited prize, the KEY to our future wealth & health.


Just a matter of ..........when ?


View attachment 24957

Spot on Beisha,

From some of the behaviour in here lately to BOD communication right through to Franck 'the tank' Fwamba absolutely agree.

We need to unite against the real crims here and that's those illegally trying to halt our progress !!
This Class action shite it's quite obvious who is behind this, ffs Tommy broke it, the 'coincidental timings' linked with boatman are there for all to see. Chinese want this bad, Cominiere and MOP have justice system in the DRC (I know) breathing down their necks right now.

This is another desperate measure taken. A distraction


For anyone a little slow, if this was real just like the Hulich situation (remember that) then ppl in the know would have been notified about it. In-fact Two very large shareholders on the bird instantly shat on the idea - what does that tell us!

Keep Calm and Carry On people we are closing in on them!

(Those aren't Christmas lights Kayinda and Cong)