AVZ Discussion 2022

antimatter

Regular
Tommy dancing to his Chinese master's tune.

 
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Hemicuda

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DiscoDanNZ

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A banker, accountant and investment banker walk into an AGM...

I wonder what their plans would be if successful? My guess would be assets sold off to a Chinese miner so quickly it's as if it was all preplanned.

Was Peter Hulich the one that had far too much to do with AJN (not talking about NF) and resigned from AVZ? God its so hard to keep track of who's knobbing who in the background, Tommy always seems to be the meat in the sandwich though.
 
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Azzler

Top 20
Let's hope they're as desperate and shit as they appear to be and this is the extent of their play.
However there could be more plays to come, or this is intended to apply influence elsewhere, and their true goals aren't revealed yet.

I hope not, I hope they're just desperate, but I'm feely wary.
 
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Samus

Top 20
:ROFLMAO::ROFLMAO::ROFLMAO:


I'll have the fucking hat! Comedy gold from this fuckwit!! :ROFLMAO:

manono great.jpg
 
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BRICK

Top 20
Slow down!
I’m running out of popcorn
 
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CHB

Regular
I think Peter was the one who leaked Marius payments??

Scumbag.
 
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Chilla

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Bray

Regular
This shit is so embarrassing, what absolute retards
 
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wombat74

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What these arseholes could be doing is selling themselves as a DRC/Chinese friendly alternative to the current BoD . Not to the benefit of the SH , but as a benefit to themselves and the DRC/Chinese. DRC holds off moving forward with current BoD until a result is known . Sneaky f--kers . Desperate measures
 
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tonster66

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Excuse my ignorance but can they do this? Nominate for board?
 
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Scoota30

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The Fox

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Chilla

Regular
Excuse my ignorance but can they do this? Nominate for board?
You can nominate for an open board seat where a current director is retiring or nominating for re-election and so their position is open for shareholders to vote on. Last year the company gave notice of a board position being open to e nomination and only gave 5 days I think for nominations to be received.
Here in this case it looks like they are trying to replace the board with three new directors. This would require I believe a majority of shareholders voting in favour of that spill. That would open all board positions to new nominations which shareholders would vote on.
Seems like they are kicking the tyres to see how many might support them in such a move to 1. Get a motion up to spill the board at the AGM and 2. How likely would the support be to get their nominated persons elected.
The three nominations put forward here add no value to existing shareholders.
It’s a futile attempt by KE, likely with the backing of Cong and possibly Zijin, to get some control of AVZ because they know all their current attempts have failed to steal Manono from AVZ and they are Fucked.
 
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TheCount

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Chilla

Regular
You can nominate for an open board seat where a current director is retiring or nominating for re-election and so their position is open for shareholders to vote on. Last year the company gave notice of a board position being open to e nomination and only gave 5 days I think for nominations to be received.
Here in this case it looks like they are trying to replace the board with three new directors. This would require I believe a majority of shareholders voting in favour of that spill. That would open all board positions to new nominations which shareholders would vote on.
Seems like they are kicking the tyres to see how many might support them in such a move to 1. Get a motion up to spill the board at the AGM and 2. How likely would the support be to get their nominated persons elected.
The three nominations put forward here add no value to existing shareholders.
It’s a futile attempt by KE, likely with the backing of Cong and possibly Zijin, to get some control of AVZ because they know all their current attempts have failed to steal Manono from AVZ and they are Fucked.
You need look no further than Amani Gold to see what KE is trying to do here.
KE was chairman. Put Huljich in as a puppet director. Cong was a major shareholder.
Armani sold major asset to Cong for peanuts, leaving Armani basically worthless.
Klaus and his mafia cohorts trying the same playbook here.

And then you have Leonard Math the former Cosec who was punted. Went onto work with KE at Okapi Minerals along with Sheena. Probably took a AVZ shareholder register with him and was reportedly contacting shareholders last few months to arrange off market buys on behalf of someone. FFS.
 
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I suspect that the address linked to that register is likely an investment property that this Nicholas Cole owns. I very highly doubt he lives there, smart move tbh.
It would take some balls to go knocking on that door though and just ask....
 
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