AVZ Discussion 2022

[Dazmac66]

Not sure if this has been raised but after registering to vote I checked on how to vote for the shares held in the self managed section of my super fund and discovered I have no personal rights to the vote associated with those shares. I assume the super fund votes according to the number of shares its members hold. Is my read on this correct? Should we be contacting super funds informing them of the MMGA tools?

Edit: could one of the mathematically minded members do the numbers and provide an example of the voting card that would give the crooks the least chance of winning a BOD seat and we distribute it on asap.

 

[John25]

The pay per view TSE Fight Night card is expanding - so far we have Bags vs The Jerry, and now a tag team match with Rambo and Cumquat vs Geo

4 little Hard Kunts

 

[Pokok]

You don't know shit from clay. Many had you pegged a long time ago

Ha Ha shit from clay , I use it everyday on the building site , still recovering from shoulder reconstruction but it will be my first statement when back on site

 

[Samus]

Lol
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Fuck that, I'm sick of being the boards mistreated little bitch.
Vote 1 Bruce Campbell

 

[Ulli]

Based on the announcement yesterday, option 2 is a no deal for AVZ.

If the Fat Tail Nominees are elected to the Board, it is understood the Fat Tail Nominees will seek to
procure the Company undertake the following:
• selling the northern portion to Zijin: splitting the Company’s project tenement (ie PR13359) in
two and selling the northern portion to Zijin Mining Limited (Zijin);

You can't sell something you don't have

 

[Remark]

You can't sell something you don't have

 

[Carlos Danger]

No details about the cash bonuses that I can see in the AGM form. We just vote yes or no to the remuneration report. Looks like there is no vote on individual cash bonuses like we would have with performance rights. I would really like to know if these bonuses have been paid or if not and what are the terms for them being received by the bod. Either way the cash has been put aside and I'm against them getting a bonus in any form so am extremely annoyed this matter hasn't been made clear by the bod before we are asked to vote.

 

[Cumquat Cap]

Yeah I noticed that as well, can we vote against the remuneration report without helping the MMGA clowns? I'm not keen to give them anything considering we're all fighting for our livelihoods here and they haven't achieved anything they said they would at last AGM

 

[9cardomaha]

so 18-22 green--

sorry scratch that, just read what carlos posted, not happy but guess green 1

Ah edit: I don't know what to do actually LOL

 

[Xerof]

so 18-22 green, 1-17 red?

Personally I’m going to use Green proxy as I think these guys are working their arses off but each to their own on Res 1

 

[Carlos Danger]

so 18-22 green, 1-17 red?

Even if we vote no they still get the money. Need 2 consecutive no votes to sack the board. Maybe I should have nominated myself for the bod it's a sweet gig haha

 

[9cardomaha]

disclaimer: Never actually had to vote on any other investment, first time it actually matters in my mind.

Will leave it for the more knowledgable to advise, otherwise i'll just go green.

Just like the federal vote, always just submit whatever the lady at the front of the canteen hands me.

 

[Ulli]

Guys...keep your heads cool. Trust the current BoD and wait. All of us here can't change anything. Voting for the current BoD is the onliest thing we can do. But first let us stand together and show the fuckers from Zijn, Cominiere and MMGA that we are here to make her future not so funny.
Actually we have the ICC and the ICSID in our background.

 

[Cumquat Cap]

I've emailed the team voicing my concerns and whether this will impact the board structure (sure it won't) - see if I hear back from these greedy fuckers (asking for money at a crisis point for shareholders).

 

[Scoota30]

No details about the cash bonuses that I can see in the AGM form. We just vote yes or no to the remuneration report. Looks like there is no vote on individual cash bonuses like we would have with performance rights. I would really like to know if these bonuses have been paid or if not and what are the terms for them being received by the bod. Either way the cash has been put aside and I'm against them getting a bonus in any form so am extremely annoyed this matter hasn't been made clear by the bod before we are asked to vote.
View attachment 47948
View attachment 47949
View attachment 47947

Pretty average yeah.

I hope they have matured a bit from last AGM aswell and don't bring the attitude and cockiness when answering the questions asked by retail holders & that they actually go through some more of the online questions too.

 

[JNRB]

Hi all.

Has anyone contacted MMGA to ask how they plan to implement their strategy with only at best 3 out of 7 seats on the board?
Not that I'm advocating supporting them, but the more you know about your enemy the better. Their response could be quite telling in showing they're full of shit.

 

[Carlos Danger]

Personally I’m going to use Green proxy as I think these guys are working their arses off but each to their own on Res 1

I've emailed the team voicing my concerns and whether this will impact the board structure (sure it won't) - see if I hear back from these greedy fuckers (asking for money at a crisis point for shareholders).

Pretty average yeah.

I hope they have matured a bit from last AGM aswell and don't bring the attitude and cockiness when answering the questions asked by retail holders & that they actually go through some more of the online questions too.

I'll be voting green too but I'm still annoyed

They are paid extremely well as it is for a suspended company with no income and dwindling funds. Everyone works hard. I think they have an ethical responsibility to shareholders that are struggling financially not to reward themselves extra without at least asking. What they are doing is legal but it's not how I would conduct myself in their position especially when talking about potential 'medium term' capital raises during suspension in the going concern.

I just would have fucking loved to have seen the vote tally specifically on the cash bonuses especially if we are still in suspension and all we have is winks and nods of an imminent MoU come the AGM

 

[tonster66]

I thought that was presuming all 5 of the friendly's got up leaving only 2 seats left as we have a maximum of 9. So that means we could potentially be left with a 2-2 stalemate instead?

Does AVZ have to fill all vacant spots?

 

[Ulli]

Ulli is clearly a troll - get fucked

Sure ? Tell me why ? As a shareholder I'm here the get and share informations...in good times and in bad times. If you want I send you my deposit statement. Than you will know, that I'm nit a troll.

 

[geo_au]

From memory zijiin was happy to settle for the north leaving AVZ with the south. If the mine is split up that will be fine by me as we would have a 25 year mine with good grades. Remember talking to someone at the company many months ago and told this person that zijiin wanted the northern part, the reply was good. So all is not lost as some would think.