AVZ Discussion 2022

[Hudnut]

Ok so here's an idea.

Why don't we place job ads in the media where Congolese would normally come across them. State all of the conditions and salaries and perks that will be available to successful applicants and then pull the rug on them. Either when they apply or at the end of the ad. Basically saying that all this would be available to you right now if it wasn't for corrupt shenanigans of Gov officials in cahoots with the mining company with worst human rights on the planet.

Bit of a dog thing to do to someone just wanting a decent job but it's one way of solving the very real problem that TommyAFR (fucking most offensive name on the forum) so rightly points out.

Giving someone hope and then ripping it away would be nasty AF. Not my cup of tea.

 

[Frank]

 

[RHyNO]

Sell it up and let's all move on... with the lessons learnt the last two years, no way directors are in for the long haul in my eyes...

Nah come on man we’ve come this far. Let’s dig!! We are closer than anyone else has been since the tin mine!

 

[Cumquat Cap]

Why MoU?

Why not just push for the ML? We were ready for ML 2 years ago.

Just what I’ve heard, doubtful we mine but would love to be proven wrong. Need it to be an undisputed asset before next step

 

[CHB]

Just what I’ve heard, doubtful we mine but would love to be proven wrong. Need it to be an undisputed asset before next step

Fair enough.

I personally see it as another stall tactic. I'm doubtful we mine too.

 

[Bray]

What date was delisting again

 

[Cumquat Cap]

Yeah I thought stall as well but choose to stay positive based on some things I’m hearing.

Once we get funding sorted we can stall a hell of a long time which will have disastrous affects on DRC economy. But Felix is a corrupt piece of shit sadly so who knows.

Long fall from grace from what he was expected to be/platform he ran on

 

[Cumquat Cap]

10th may or thereabouts I think, I think we get delisted sadly. Unfortunate but makes no real difference to our current plight.

We have been fucked without lube repeatedly for 2 years, time for some further explanation. Assume a few announcements coming in next week or so

 

[KLCC]

I find it strange that the only reason I know(ish) we are being de-listed is because of these forums. Wouldn't you think there'd be some announcement from the company to let us know what it means, what to expect and a bit of reassurance?
This is the first stock I have that's to be de-listed (and my largest holding) so maybe no announcement means there is a ray of hope ASX aren't actually de-listing us? Or is that a pipe dream...

 

[wombat74]

Just what I’ve heard, doubtful we mine but would love to be proven wrong. Need it to be an undisputed asset before next step

Are the Yanks still hovering around ? What's the likelihood of them taking Roche Dure ? After they pay us of course .

 

[Doc]

10th may or thereabouts I think, I think we get delisted sadly. Unfortunate but makes no real difference to our current plight.

We have been fucked without lube repeatedly for 2 years, time for some further explanation. Assume a few announcements coming in next week or so

'Makes no real difference to current plight'
I'd agree with that but you watch the trolls come out in force when it happens.

 

[Cumquat Cap]

Pretty sure the shorts are even more fucked then us if we go unlisted? Assuming we get bought out which I’m sure is the plan.

Can anyone confirm what happens to shorts when a company gets delisted?

 

[Cumquat Cap]

**as long as we don’t go bankrupt

 

[Doc]

Felix in Germany this week. But is that a new watch I see?

 

[BEISHA]

Pretty sure the shorts are even more fucked then us if we go unlisted? Assuming we get bought out which I’m sure is the plan.

Can anyone confirm what happens to shorts when a company gets delisted?

 

[BEISHA]

View attachment 61766

Shorters will still have to pay interest on their margin loan regardless until the position is closed out, so essentially, they are fucked over.

 

[BEISHA]

I find it strange that the only reason I know(ish) we are being de-listed is because of these forums. Wouldn't you think there'd be some announcement from the company to let us know what it means, what to expect and a bit of reassurance?
This is the first stock I have that's to be de-listed (and my largest holding) so maybe no announcement means there is a ray of hope ASX aren't actually de-listing us? Or is that a pipe dream...

First of all, deep sympathy that AVZ is your largest holding and your first de listed stock, not a nice feeling!

For me, AVZ would be my 3rd delisted stock ( VEC, WFE were the others), should it happen, so i am accustomed to this shit unfortunately.

I dont wish to squash your pipe dream, but just because there is no ASX announcement yet regards to potential delisting, doesnt mean it won t happen....

IMO, it would be a miracle if AVZ doesnt delist if you asked me, we could get a stay of execution should AVZ advise ASX that a significant FA event was on the horizon i suppose ( MOU / ML ), but given we have heard crickets about that, not hopeful.

As others have said, being delisted is not the end of the world as AVZ goes down the ICSID / ICC arbitration path, but its a long and windy road and even more head fucks to be had i would imagine....

Including this .....

That being said, WFE did relist with the ASX, but it came back as a different ticker code, different project in a much shorter time frame, maybe some of the brains trust on this forum can allude to more on that than i....


Personally, i wish to avoid all this shit and hope that the AVZ bod can organise a compromise aka a MOU / ML........ ASAP !

If it comes down to it, let the Zijin / Cominiere traitorous cunts have CDL in its entirety and we get ML for RD and get back to trading , thus allowing a way out for longs if a TO is not on the horizon.

Just my thoughts.

 

[Doc]

First of all, deep sympathy that AVZ is your largest holding and your first de listed stock, not a nice feeling!

For me, AVZ would be my 3rd delisted stock ( VEC, WFE were the others), should it happen, so i am accustomed to this shit unfortunately.

I dont wish to squash your pipe dream, but just because there is no ASX announcement yet regards to potential delisting, doesnt mean it won t happen....

IMO, it would be a miracle if AVZ doesnt delist if you asked me, we could get a stay of execution should AVZ advise ASX that a significant FA event was on the horizon i suppose ( MOU / ML ), but given we have heard crickets about that, not hopeful.

As others have said, being delisted is not the end of the world as AVZ goes down the ICSID / ICC arbitration path, but its a long and windy road and even more head fucks to be had i would imagine....

Including this .....

View attachment 61769


Personally, i wish to avoid all this shit and hope that the AVZ bod can organise a compromise aka a MOU / ML........ ASAP !

If it comes down to it, let the Zijin / Cominiere traitorous cunts have CDL in its entirety and we get ML for RD and get back to trading , thus allowing a way out for longs if a TO is not on the horizon.

Just my thoughts.

Sorry mate can you confirm that for me please?
So if the ASX delists AVZ AVZ cannot relist for 10 years? Can they change name and relist ( or whatever WFE and pathfinder did ) ?

That'll do me for me today, im going to the pub.

 

[BEISHA]

Sorry mate can you confirm that for me please?
So if the ASX delists AVZ AVZ cannot relist for 10 years? Can they change name and relist ( or whatever WFE and pathfinder did ) ?

That do me for me today, im going to the pub.

Yes, i edited my last post regards to WFE, how it works, i dont know.

 

[Doc]

Yes, i edited my last post regards to WFE, how it works, i dont know.

Thanks mate, either way its more money we need and thats something we dont have!