AVZ Discussion 2022

[Doc]

No need I don't think

I presume when a company is smaller it may only require a very small number of directors

As a company grows it will most likely look to add additional exertise to the board as a reflection of it's business needs

The AVZ constitution simply stipulates 9 as the maximum number of directors allowed

It can and has operated with less to this point and can still into the future

The shareholders get to vote on whether directors get appointed or not

Was kidding, thought with the recent vote people would shout me down for proposing a vote lol

 

[BEISHA]

A big smile spread across my face.

No need to state it, your ugly avatar says it all....

 

[Winenut]

Was kidding, thought with the recent vote people would shout me down for proposing a vote lol

Ha ha!

Apologies ...I'm clearly taking myself too seriously!

 

[TDITD]

So shorters have been bailing out?

Bit of a peak in April at 4.2% or approx 148m shares

Now sitting at around 3.34% or approx 118m shares

I'm more pleased with the huge number still in suffering. No doubt linked to the Chinese $$ behind MMGA

 

[Azzler]

So shorters have been bailing out?

Bit of a peak in April at 4.2% or approx 148m shares

Now sitting at around 3.34% or approx 118m shares

Anyone remember how many shares were bought in when we got ASX 200? Because they also shorted just as many.

 

[Carlos Danger]

Anyone remember how many shares were bought in when we got ASX 200? Because they also shorted just as many.

There was around 230m shares bought in the post trade auction on rebalance day. Not all of them were ASX200/300 buys but most would have been. Some would have been added later too. That big spike in the shorts was at the same time so would have been mostly instos hedging. I reckon a good chunk of the 30m closed short positions have just been firms returning shares they lent themselves for the hedge.

 

[TDITD]

Anyone remember how many shares were bought in when we got ASX 200? Because they also shorted just as many.

There was around 230m shares bought in the post trade auction on rebalance day. Not all of them were ASX200/300 buys but most would have been. Some would have been added later too. That big spike in the shorts was at the same time so would have been mostly instos hedging. I reckon a good chunk of the 30m closed short positions have just been firms returning shares they lent themselves for the hedge.

Yep March ASX 200 rebalancing. I'm hoping that second kick up in the shorts is our Chinese pals

 

[cruiser51]

Yep March ASX 200 rebalancing. I'm hoping that second kick up in the shorts is our Chinese pals

Yup, No Pain, No Gain as they say.

 

[Xerof]

There was around 230m shares bought in the post trade auction on rebalance day. Not all of them were ASX200/300 buys but most would have been. Some would have been added later too. That big spike in the shorts was at the same time so would have been mostly instos hedging. I reckon a good chunk of the 30m closed short positions have just been firms returning shares they lent themselves for the hedge.

I think it was near to 90/95mill shorts were put on, on entry to ASX200 The chart seems to confirm that

 

[Nbaz]

So my question to everyone is. What happens if the MMGA get up on election day? What happens after that? Surely 3 new board members can't outweigh the rest. The reason I ask is because of this sinking feeling I have that this has all been a plan and the likes of CATH, lithium plus, hayyou(whatever) and yibin tiyani have all been planning to join forces to take over.

 

[Winenut]

So my question to everyone is. What happens if the MMGA get up on election day? What happens after that? Surely 3 new board members can't outweigh the rest. The reason I ask is because of this sinking feeling I have that this has all been a plan and the likes of CATH, lithium plus, hayyou(whatever) and yibin tiyani have all been planning to join forces to take over.

The real issue is if even 1 MMGA crook gets a seat on the board they will be privy to information that will then go DIRECTLY back to their shadowy Chinese masters

THAT in my opinion is the biggest issue

Sure they might get voted down in a decision at board level (if they make it on) but it's the information they would use and pass onto external parties that would be like an absolute cancer to AVZ that is of major oncern

 

[Nbaz]

The real issue is if even 1 MMGA crook gets a seat on the board they will be privy to information that will then go DIRECTLY back to their shadowy Chinese masters

THAT in my opinion is the biggest issue

Sure they might get voted down in a decision at board level (if they make it on) but it's the information they would use and pass onto external parties that would be like an absolute cancer to AVZ that is of major oncern

But would that stop AVZ moving forward? Provided the icc and everything works out and this MOU comes out and the government gives us the mining permit. It shouldn't really matter what inside info they are giving out, all the info will be about building the plant and mining I would think.

 

[MoneyBags1348]

But would that stop AVZ moving forward? Provided the icc and everything works out and this MOU comes out and the government gives us the mining permit. It shouldn't really matter what inside info they are giving out, all the info will be about building the plant and mining I would think.

 

[Winenut]

But would that stop AVZ moving forward? Provided the icc and everything works out and this MOU comes out and the government gives us the mining permit. It shouldn't really matter what inside info they are giving out, all the info will be about building the plant and mining I would think.

Might not stop AVZ moving forward but if you think those MMGA pricks and their Chinese backers are making life hard now imagine the extent of absolute shitfuckery they could come up with and execute when they have an insider giving them all the info on AVZ's operations and intentions and plans

Zijin, Cong, MMGA, Math, Eckhof, Celestin and others will never ever ever stop trying to fuck over AVZ for their own personal benefit.....ever

 

[Winenut]

Radar working nicely there Bags

 

[Nbaz]

No troll here mate. I'm rusted on AVZ fan. Got a lot of shares riding in this and just getting a little stress that's all. No harm in thinking about every angle. I mean shit, who thought we'd be here when we bought in years and years ago?

 

[Nbaz]

No troll here mate. I'm rusted on AVZ fan. Got a lot of shares riding in this and just getting a little stress that's all. No harm in thinking about every angle. I mean shit, who thought we'd be here when we bought in years and years ago?

I go by the same name over on hot shitter and you'll see I've been there for a long time and always been a positive shareholder in the company

 

[Cumquat Cap]

Shenozzle is a fucking troll for sure

 

[Roon]

Only interesting part of the mmga shit is this document.
After it the MoM ordered the extension for 5 years for cominiere until 2027. The favorable decision from cami have been stopped and the transformation from a PR in a PE have been faded this month. Looks like the DRC is doing again the opposite they said to the company. I have no idea how this shit is matching with a MoU and pathing to ML. Any explanation anyone?


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Am I reading this wrong?? Is this the Minister of Mines officially confirming that as of October our licence has been stripped and given to Cominiere? For fucks sake!

So much for the hope of the new CAMI management if they've gone and concluded the transfer of the permit to bloody CKK and his shoddy organisation

MoU discussions towards a ML??

 

[Carlos Danger]

So my question to everyone is. What happens if the MMGA get up on election day? What happens after that? Surely 3 new board members can't outweigh the rest. The reason I ask is because of this sinking feeling I have that this has all been a plan and the likes of CATH, lithium plus, hayyou(whatever) and yibin tiyani have all been planning to join forces to take over.

The real issue is if even 1 MMGA crook gets a seat on the board they will be privy to information that will then go DIRECTLY back to their shadowy Chinese masters

THAT in my opinion is the biggest issue

Sure they might get voted down in a decision at board level (if they make it on) but it's the information they would use and pass onto external parties that would be like an absolute cancer to AVZ that is of major oncern

MMGA need every vote to go their way. Theoretically if they have the numbers to get 1 of their goons elected they have the numbers to win them all. They're going for a 3 - 2 majority imo