AVZ Discussion 2022

[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.

 

[Retrobyte]

Does AVZ have to fill all vacant spots?

No

 

[Cumquat Cap]

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.

NAh you're right, read your comment from before wrong - my apologies

 

[tonster66]

How is the number determined? I did read the constitution but it was unclear to me. For example, "lets take the top 4 highest vote getters"?

 

[Azzler]

How is the number determined? I did read the constitution but it was unclear to me. For example, "lets take the top 4 highest vote getters"?

1 by 1 starting from the top of the list.
and it's just yes votes vs no votes, which is why its imperative we all vote.
And once (if) all vacancies are filled, no one else even gets a chance.

 

[Doc]

1 by 1 starting from the top of the list.
and it's just yes votes vs no votes, which is why its imperative we all vote.
And once (if) all vacancies are filled, no one else even gets a chance.

I think he means is it just the ones with highest votes get in or is there a minimum number of votes a person needs regardless if they get the most votes?

 

[Azzler]

So this is the question....

Do we vote for the first bunch of Noms to protect our board?
So MMGA don't even get a chance?

AVZ have not endorsed voting for them, that is likely because they simply can't responsibly endorse people for BoD that don't bring anything to the table.
It looks like the random Noms are nominated to try to block MMGA.
They will likely resign if voted in.

So should we? I dunno.

 

[Azzler]

I think he means is it just the ones with highest votes get in or is there a minimum number of votes a person needs regardless if they get the most votes?

Not sure but i'm under the impression that 2 yes votes and 1 no vote results in a board seat for them.

 

[Cumquat Cap]

I was planning on giving my proxy to the chair who will in turn vote in the interests of avz shareholders

 

[MoneyBags1348]

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.
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The sample voting form seems to indicate the current BOD think we have the numbers to vote out the stooges

Maybe Nigel has employed Peter Dutton to run a No campaign against the stooges

Whatever they think, it appears (on the Sample Form) that all those who nominated to be non executive directors won’t be getting to be one

And I have to say that I know every single one on that list and even though you sneaky lot were hoping to get bonuses too, the BOD are on to all of you the same way we’re on to them

But I’m still voting for Bruce

 

[Mickyb64]

Did the voting form arrive via mail or email? I've logged onto the Automic website and there's no information under AVZ.

 

[Hodlandwin69]

Did the voting form arrive via mail or email? I've logged onto the Automic website and there's no information under AVZ.

Probably will be a few days until it's on there

 

[MoneyBags1348]

Did the voting form arrive via mail or email? I've logged onto the Automic website and there's no information under AVZ.

It arrived via TSE

 

[Hodlandwin69]

I feel this vote will be close given the number of Chinese associated entities in the top 20

 

[Mr_Tones83]

Not sure but i'm under the impression that 2 yes votes and 1 no vote results in a board seat for them.

Each director nomination is an ordinary resolution, which means that it passes if a majority (>50% of people who cast their for or against vote) vote for the resolution.
So for each director appointment resolution if >50% of the votes are against, then that person will not be appointed as a director. That means if none of the non-board endorsed director resolutions pass then none of them get appointed.

 

[Bigorse]

Interesting Zijin announcement on the crapper just now.

 

[Remark]

Did the voting form arrive via mail or email? I've logged onto the Automic website and there's no information under AVZ.

Just got mine via email.

 

[Mickyb64]

Just got mine via email.

Mine just hit the inbox.

 

[Misfits]

Just got mine via email.

Same, email through just now. Green it is!