AVZ Discussion 2022
- Thread starter GazDix
- Start date
"And this is where i hit the G-Spot"
Dave Evans
Regular
As you can see, the area my finger is pointing to is the South China Sea
"Might as well have voted MMGA in if we just wanted to keep RD, herp derp."
Mate if MMGA could have 100% guaranteed RD and the ML they might have stood a chance .
Nothing wrong with a TO at the right price .
As for my grandkids . The $200k I have invested in AVZ is for them .
Dave Evans
Regular
Normally I try and post information and facts rather than opinions Wombat. But here’s a couple of my opinions
Cong and Jerkoff both sold out cheaply and have sellers remorse.
Der Geist (SE) also sold early and has sellers remorse. He was mates with Jerkoff, and I suspect through Jerkoff he found out about Cong’s and Cominiere’s corrupt plans, which is why he sold in the $0.60’s and was looking to buy back in cheaper. The price didn’t drop below that and if you put two and two together it won’t be hard to work out why he is dirty.
You on the other hand seem to be remorseful because you didn’t sell. I bet you if I go back a couple of years on the crapper you were wishing for a takeover offer at about $0.24. You had all the way from there up to over $1.20 to sell. Not only that, you have also said that you are well off and weren’t that bothered if you lost out on AVZ.
All the above are just my opinions but generally my opinions are based on facts and what I remember. If you spent more time researching the facts instead of always focusing on the negatives, not only might you feel better, you might also make someone else on here feel better
And now, as I suspect this post was probably a waste of time, you know why I mostly stick to facts and not opinions
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A TO at 24c ? I highly doubt that was me . I was still buying at 24 cents . I think my highest purchase was 26 cents .
Hey we all have sellers remorse . Everyone of us . It goes with the territory . From memory you have 3million shares at a very low average .
Not about being well off or not needing the cash . When someone f--ks you over it does get under your skin after a while . I want justice.
Opinions . I like to read fellow SH opinions . I like to know how they are feeling . How they are coping . What their expectations are as this sh1t fight evolves . I appreciate also the work you and others do . You put me on ignore . Did you miss me ?
9cardomaha
Regular
Lets for arguments sake, say that BOD tabled an offer in March this year "We will give up the north, but you give us the south". At a time when we didn't have any traction or leverage from ICSID (other than a case being filed), and a bunch of ICC cases with no constituted tribunal or emergency rulings, what do you think the result would be? You think we'd be on our merry fucking way right now?
Could you imagine going in with nothing except the line "we are australian, we are law abiding and we developed the mine, you and the Chinese are all fucking us" and trying to negotiate this?
Even with our current legal leverage, we are in this position which is a grater wank at best. But we have a higher possibility to get what you want and even more in my view if we go through with the plan, because i'm not a pessimistic piece of shit.
No one can give you a guarantee when working in the DRC, MMGA would have implemented what you are suggesting, opening the BOD and the company to more legal issues (according to ann).
But yes, lets keep shitting on the current game plan and dream of getting 100% guarantees from the DRC to give us RD in its entirety and ceding the north to the Chinese without any leverage, that's fucking super helpful.
Do i like our current situation, fuck no. Do i want to give up the north because its high in mica, fuck no. I'm not a fan of the way it transpired, but to come out now and say, hey lets just fuck the north and settle for the south, like its been a glaring option all along is fucking delusion.
Strictly my own opinion.
JAG
Top 20
Ah, good old Der Geist (SE) Mr. dual identity
Tried to sue our company in December last year !
The little sooky bitch didn't sell and wasn't happy with the BNB deal.
Yes, your reading this aren't YOU! It must be burning the fuck out of you?
How's King and Collins? Are they still operating SE?
"But we have a higher possibility to get what you want and even more in my view if we go through with the plan, because i'm not a pessimistic piece of shit."
Take a chill pill 9cardomada .
9cardomaha
Regular
Carlos Danger
Top 20
But we literally gave away the north
Mining code gives zero fucks that we were tricked into submitting a waiver and so far no proof has been uncovered that shows how we were somehow meant to magically retain it
Suspension started when Nigel resigned from AJN three trading days after Zijin and Dathomir claims were revealed in the mining licence decree announcement
9cardomaha
Regular
My overly dramatic response was the fact that we have never had an opportunity to say "hey just give us the south and we'll cede the north". Its definitely not from a lack of trying IMO.
Given the circumstances, we had no leverage to negotiate any sort of outcome for just the south because the north was swindled as part of some bullshit 100% guarantee that DRC gave us.
We started this fight against corruption on the back foot, now we are clawing our way back - the disharmonious bullshit that is cited by MOM had nothing to do with the north based on the correspondence. COMINIERE's letter which they sent to MOM to revoke the license was something about dividends, raising capital on ASX, opaque management.
North was only mentioned as it was relinquished without Cominiere's approval or some shit, but not the root.
Just don't want the ideas to be conflated because its not like BOD sitting on their hands looking at a deal for RD and not taking it....
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Put me on ignore mate . If what I post drains your energy ........................ I'm mean seriously? I look forward to your profound post . That's deep mate . Enlighten me.
TheCount
Regular
9minute mark stating DRC is the second worst Country to be mining in Africa and at 24 minutes acknowledges Manono as second biggest capacity but then dismisses it with the trading halt for sovereign risk reasons etc etc.
We had better get moving or these other companies will start filling the production gap…
Dave Evans
Regular
I’m moving forward and trusting that DLA Piper has a thorough knowledge of the laws involved and know what they are doing.
As far as looking back goes, there are two things I remember clearly about CDL.
First, we drilled it which shows we were actively exploring the north east tenement
Secondly, at last year’s AGM when Nigel mentioned the high mica at CDL, people on this forum thought he was preparing to negotiate it away and there was outrage
I’m putting my faith in DLA Piper and keenly watching the latest updates by @9cardomaha and not wasting time and energy on bullshit. I put that energy into continuing to research information and fight the bullshit and spin being spewed out by Cominiere and Zijin
Carlos Danger
Top 20
Cominiere accused us of fraud
According to DLA Piper under a Société Anonyme structure we can approve the waiver with a 2/3 majority. Cominiere's arguement is that AVZ only had 60% when it was done.
We may have good legal standing but is that enough for something like this when the RCCM says we have 60%?
Global Expansion Guidebooks
Although if it is all good legally we still gave it away. Mining code says it goes back to the state for the tender process. There is no legal pathway for the applicant retaining the area. Management said it would be part of a new JV so obviously they got played by Mupande and have been trying to catch up ever since.
And I swear you said recently that offer was on the table at some point. I just got home from the gym so will have a look soon. Fair enough if not but clearly that is what Zijin, Cominiere and the key decision makers in the DRC government want. They would have signed the MoU before the AGM if they wanted us to have the north. Instead they waited to see if MMGA could deliver a 'more equitable' outcome.
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Carlos Danger
Top 20
Sorry my bad you were talking about the new split not the old splitCominiere accused us of fraud
According to DLA Piper under a Société Anonyme structure we can approve the waiver with a 2/3 majority. Cominiere's arguement is that AVZ only had 60% when it was done.
We may have good legal standing but is that enough for something like this when the RCCM says we have 60%?
View attachment 51333
Global Expansion Guidebooks
www.dlapiperintelligence.com
View attachment 51334
Although if it is all good legally we still gave it away. Mining code says it goes back to the state for the tender process. There is no legal pathway for the applicant retaining the area. Management said it would be part of a new JV so obviously they got played by Mupande and have been trying to catch up ever since.
And I swear you said recently that offer was on the table at some point. I just got home from the gym so will have a look soon. Fair enough if not but clearly that is what Zijin, Cominiere and the key decision makers in the DRC government want. They would have signed the MoU before the AGM if they wanted us to have the north. Instead they waited to see if MMGA could deliver a 'more equitable' outcome.
Although surely Zijin and Cominiere would bite our hands off we said give us back the middle ground and you have a deal
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