AVZ Discussion 2022
- Thread starter GazDix
- Start date
JAG
Top 20
Anyone able to go to the court case this morning? Would be very helpful!
Xerof
Flaming 1967
https://x.com/IgfRdc/status/1736874289289167320?s=20
The General Inspectorate of Finance welcomes the proposal of the President of the Republic to work for the creation of a FINANCIAL PROSECUTION in the DRC to better fight corruption and embezzlement of public funds.
The General Inspectorate of Finance welcomes the proposal of the President of the Republic to work for the creation of a FINANCIAL PROSECUTION in the DRC to better fight corruption and embezzlement of public funds.
Carlos Danger
Top 20
China trying to steal Manono doesn't bother me. What bothers me is that all the shit they are trying is so fucking stupid.
Clearly the ICC has jurisdiction. Just give up Cong you are embarrassing yourself.
Scoota30
Regular
"retains legal title to a 75% interest"
Xerof
Flaming 1967
Patience grasshopper. I'm told on good authority that once the shitfuckery is put to bed, it could be at least 8 to 10 weeks to get to a position to lift the suspension, mainly in the form of a short form prospectus, but other ASX shitfuckery as well
Dave Evans
Regular
Considering the stooges latest embarrassing attempt to undermine AVZ and our BOD in the WA Supreme Court, a simple calculation shows that if you take away the four Chinese companies votes (Yibin, CATH, Huayou, Lithium Plus) the votes FOR our current BOD and AGAINST the stooges was actually 7 to 1 (not 2 to 1).
This was also reflected in the number of shareholders voting FOR our current BOD and AGAINST the stooges being 7 to 1
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Underwaterdark
Regular
Letting things run their course over Dec and January, and leading in to Feb.
Maybe, in theory, we would be aiming for March/April re-listing?
BRICK
Where’s Zeebot 😶🌫️
8-10 weeks will be good to settle the nerves of a few nervous nellies.
Its gonna be one hell of an opening that day!
Hodlandwin69
Regular
For those following the election. Some interesting video reports as well. Link only - apparently Al-jazeera is not deemed reputable media by TSE.
https://www.aljazeera.com/news/2023...dr-congo-rebels-alliance-after-diplomatic-row https://www.aljazeera.com/news/2023...dr-congo-rebels-alliance-after-diplomatic-row
https://www.aljazeera.com/news/2023...dr-congo-rebels-alliance-after-diplomatic-row https://www.aljazeera.com/news/2023...dr-congo-rebels-alliance-after-diplomatic-row
rocknrolla
Regular
Has anyone done or seen any updated figure valuations on resource estimates?
There was a guy ConDino on the bird that had done them previously, any others?
There was a guy ConDino on the bird that had done them previously, any others?
David holland
Regular
My bet opening day would be a sell off,alot of things would need to be in AVZ Favour to jump out of the gates,longterm investment
I’m more than sure Jag knows this.
Wouldn’t be surprised if he donning a certain shirt and paying a visit to the courthouse…
Scoota30
Regular
(Using my memory here so it may not be 100% accurate) The last time i saw Con do a spreadsheet valuing, one of the options was 2x 10mtpa plants at full stick 90% project ownership and it was something stupid like $20 per share (lithium price has dropped a bit since highs, but lets not forget we have an updated BFS hidden in the bottom drawer)
Another guess is we end up with 81% ownership of Roche Dure (9% to CATL if that is still happening) but less ownership on the northern area.
Either way, depending on how much they want to expand (2 or 3 potential 10mtpa plants 7-10 years down the line), with majority ownership you'd be looking at $15 AUD easily once in full production. Everyone knows how large the resource is, it's just finding that sweet spot of the annual production.
Disclaimer: Napkin math in my head and all speculation, but as we know if we have majority ownership and get this thing into full blown production, there is blue sky value there - that's why we all risked the gamble.
It would be wise of Con to not put any updated figures out until the ownership is sorted and we are awaiting re-listing on the ASX.
My back of Violet Crumble Bar wrapper calculations puts the Roche Dure upgrade at 550mil - 600mil tonne . Give or take a Polly Waffle .
Just a fact file for Cominiere / Zijin / DRC govt to ponder with a potential MOU..........or ICSID / ICC arbitration.
Whats 173mt @1.58% white gold worth ?
Carry on drilling Zijin........every day you are incurring cominiere a $50k penalty, plus proving up CDL further at no cost to AVZ, improving our bargaining chip, then when ICSID rules against you , then you can fuck off.........cunt!
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