AVZ Discussion 2022

[Dazmac66]

It's not about the Project . It's about the Share Holders . This is a Public Company . Nigel must make a judgement based on the best outcome for the Share Holder . It could be $5 . It could 80cents . It could be 40cents .It cannot be Zero . He must accept a result/option that returns money (profit or loss) back to the share holder. Now it may well be there are no options and we are totally screwed . If that's the case then it is what it is . But to think investors would rather lose all their money than do a deal with these f--k sticks is ridiculous . Plenty of punters are multiple bags in front and will see a decent return even with a pineappling . imo

I see your point mate but none of us have DLA Piper whispering in our ear. Surely they will know when it is time to say the corruption is overwhelming. Not their first Rodeo either.

 

[Bray]

Happy to chip in for moneys counciling and bail costs

 

[John25]

Just a small reminder SH’s dont mess with Bags

 

[Rediah]

@geo_au

Whats the goss..

You can tell us here, we are good people

View attachment 32018


Meanwhile us, the sane ones

I just wish some of you investors knew what you're talking about but sadly you don't. Let me be clear we are in good hands, what's more I sleep well at night

Share the inside gossip, you drop crumbs and thats it...?

 

[ptlas]

Just a small reminder SH’s dont mess with Bags
View attachment 32721

That's not MB.
Somebody said on here he's got a bald head.

$12

 

[Mickyb64]

I just wish some of you investors knew what you're talking about but sadly you don't. Let me be clear we are in good hands, what's more I sleep well at night

Geo, if you've got some information then share it. Not one whisper or wink from inside information has come true so far.

 

[Bin59]

As it’s another quiet day for AVZ I thought I’d share an interesting post from rainbowdaisy I read today on the HC FMG forum (2021 post) claiming that Twiggy had tried to get Manono from AVZ in the past - some here may have been aware of it already.

rainbowdaisy
1,641 Posts.
254

01/09/21

16:06

Post #: 55754863

Hi all

FMG now for several years has been on the hunt for a white elephant (lithium resource).
Early this year, a small, specialist online journal called Africa Intel, reported Dr. Andrew Forrest was interested in refining coltan and lithium as well as investing in copper and gold— all this is arteries on t he main project youre likely familiar with, the green hydrogen energy hydroelectric project. This reporting by Africa Intel was independant. Further and more recent, my Congolese sources on the peripheral to the bureaucracy advise that Twiggy has tried very hard to acquire the Manono lithium project mining license but has been officially Denied scope to engage ministers of the DRC on the matter further. This is a massive blow to the white elephant hunt, unless any one has other information?

if any one can further verify this sentiment for Manono lithium reserves, please advise.

Now, I make a distinction with the worlds largest known hard rock Spodumene reserves at Manono, 1.65% (and growing), and it’s majority project % owner, AVZ Minerals, whom Twiggy may not have made an offer to for its share.

in any case, the final matrix for AVZ’s Manono lithium Tin Operation “MLTO”, is still being sorted. But not for much longer.

If Twiggy could make an offer to AVZ, what do you think would be fair value? Bear in mind, the Bankable Feasibility Study, is currently undergoing dotting i’s & crossing t’s checks. So NPV evaluations based on the original DFS would be obsolete with project interests, taxes, scale of strategy and JV partner/s all to be revealed.

below image shows Dr Forrest with His Fortescue Future’s CEO, Julie Shuttleworth, in the DRC
(image: copyright owner; unknown, 2021)

https://hotcrapper.com.au/data/attachments/3534/3534184-e7c786937b925690026e2beac826789f.jpg

FMG Price at posting: $20.33 Sentiment: Hold Disclosure: Not Held

 

[Bray]

Twiggy can have it for that magical number

 

[marksmann007]

FMG just today made a takeover bid for MCR (nickel) last closed at $1.04 (52 week low).
They have offered MCR $1.40 currently trading at $1.47 so an expectation of a higher offer to be made perhaps?
If they threw a T/O our way it would probably be a cash & stock offer considering the substantially higher market cap of AVZ.

 

[Roon]

Can't see anyone but the Chinese attempting a TO unless all ownership and licensing issues had been put to bed. Especially not for the offer in the billions that would be required in this instance. That's an expensive potentially poisoned chalice, and would be unlikely to get past the financial, risk and controls due diligence required of a major Western corporation for such acquisitions.

 

[Bin59]

Of interest to me was this sentence:

“Further and more recent, my Congolese sources on the peripheral to the bureaucracy advise that Twiggy has tried very hard to acquire the Manono lithium project mining license but has been officially Denied scope to engage ministers of the DRC on the matter further.”

Why was this .. because they new the Chinese companies wanted it? You would have thought if they wanted a larger partner than AVZ back then they would have allowed some preliminary discussions with FMG.

 

[CHB]

Of interest to me was this sentence:

“Further and more recent, my Congolese sources on the peripheral to the bureaucracy advise that Twiggy has tried very hard to acquire the Manono lithium project mining license but has been officially Denied scope to engage ministers of the DRC on the matter further.”

Why was this .. because they new the Chinese companies wanted it? You would have thought if they wanted a larger partner than AVZ back then they would have allowed some preliminary discussions with FMG.

Because FMG wouldn't pay the brown paper bags to those ministers

 

[Remark]

Of interest to me was this sentence:

“Further and more recent, my Congolese sources on the peripheral to the bureaucracy advise that Twiggy has tried very hard to acquire the Manono lithium project mining license but has been officially Denied scope to engage ministers of the DRC on the matter further.”

Why was this .. because they new the Chinese companies wanted it? You would have thought if they wanted a larger partner than AVZ back then they would have allowed some preliminary discussions with FMG.

Rainbowdaisy is not what I'd call a credible source. I seem to recall he/she was posting on multiple nics one of them being JasmineTea - someone correct me if I'm wrong.

 

[Winenut]

Rainbowdaisy is not what I'd call a credible source. I seem to recall he/she was posting on multiple nics one of them being JasmineTea - someone correct me if I'm wrong.

Not sure but JasmineTea was an absolute shocker

 

[Doc]

Now I’m wondering if the Sept ‘24 date in the recent financials are somewhat of a ploy from BOD. No doubt zijin and co tactic is to delay us into oblivion. Putting this in writing sends a message that Nige is willing to wait as long as it takes to gets this done. Might force others hands

Rainbowdaisy is not what I'd call a credible source. I seem to recall he/she was posting on multiple nics one of them being JasmineTea - someone correct me if I'm wrong.

Rainbowdaisy is old mate that got booted from here.
This parts the dead giveaway "Congolese sources on the peripheral"

 

[Winenut]

Blue Orca Capital release a short report on A11 (Aussie lithium hopeful in Ghana) and the ASX has absolutely drilled A11 with questions to provide clarity and answers to the market and shareholders with regard to the serious issues raised

A11 management have responded accordingly and provided the market and shareholders with clarity on all the matters

My question is this:

Why didn't the ASX drill AVZ on all the matters raised by Boatman et al and extract from managment clear answers and clarity to all the questions that shareholders have been screaming out for now for over 10 months????

Additionally why is the ASX still seemingly unwilling to ask AVZ management for clarity on the matters raised despite the mandate and requirement for continuous disclosure to shareholders and the market??

I'm baffled

 

[Bray]

ASX is on chinas payroll

 

[Bin59]

Rainbowdaisy is not what I'd call a credible source. I seem to recall he/she was posting on multiple nics one of them being JasmineTea - someone correct me if I'm wrong.

Wasn’t JasmineTea Michael Langford?

 

[MoneyBags1348]

That's not MB.
Somebody said on here he's got a bald head.

$12

Some shareholders have mentioned that it's not fair that some get information and others don't....

Others have mentioned why Andrew Forest get's a meeting with Lukonde (and he has met Felix at other events). Andrew Forest is a multibillionaire with a personal net worth of around $20 billion and FMG has a market capital of $64 billion.... Anyone with that much money has advantages and meetings with people in high places.

As far as information, we got it all in the Half yearly Report and Accounts on 16/03/2023. Before that we have been given information by both the company and people who say they have heard this and that by someone close to the company.

I believe Nigel has given us information based on the information that's been given to him by corrupt officials in the DRC, like Mupande. I also believe it's not easy trying to communicate with people that only speak French, which is why Marius and Christian Lukusa have had meetings with high ranking officials (including Felix), and not Nigel.

As far as information being kept confidential, that's what happens in these situations and a lot of people realise why and that is why they don't blame Nigel and the BOD, because Nigel and the BOD have been kept in the dark by corrupt officials in the DRC, and having been compromised, their best defense has been to keep a lot of information confidential.

If someone gives me information, then I keep it confidential, or I lose the confidence of whomever gave it to me.

I know this, if Jen's plays golf with Nigel I would expect he would be a source.... If he gives wrong information, I would then expect that Nigel has been given wrong information.

What I also know is that it has been mentioned that once we get the Mining License, take over offers may come from FMG, BHP and Albemarle. Whether this came from Nigel (the next door neighbour's beagle) or someone close to the company, I'm not going to say, and I don't give a shit what anyone here thinks about it.

I already saw the abuse that @Nellie17 and @The Fox got when they tried sharing information in the past and I've got to the stage I'm sick of posting information for the whinges and wankers and won't be bothered contributing much anymore as a result.

I understand and appreciate that you, @Azzler and @John25 are having a difficult time and I'm glad to see that some here still have a sense of humour, but I don't think I'll be wasting a whole lot more of my time here.

@Spikerama I know you will be doing a good job, whatever devious offensive you are planning.... I appreciate the jokes here, even when they are about me.... love those old blokes fighting, but I'm probably a better fighter now then I was at 20

@John25 if you are going to have a crack at @Winenut’s mantle tonight, don’t hold back, he’s got a pretty tight grip on it

 

[Winenut]

Hey Bags

Yeah I agree we got a reasonable summary in the half yearly.... I think that's a fair point

I guess my issue was more around the speed and directness that the ASX took in relation to A11 (it has been an immediate response) whereas I don't think the ASX pushed very hard or demanded disclosure from AVZ in the inital stages when things started to go weird

Just thought the juxtaposition of the two experiences was interesting to note

One where the queries, reponse and clarity has been swift....A11

And one where we really had to scratch around and pull teeth to try and get little scraps of info for a very, very long time.... AVZ