AVZ Discussion 2022
- Thread starter GazDix
- Start date
Azzler
Top 20
We knew it was coming, AVZ delisting.
"AVZ Minerals Limited is now an unlisted disclosing entity and continues to be required to fulfill all of
the obligations of the Corporations Act including continuous disclosure obligations. "
Sobering, but it's the course we are on.
It's not about being on the ASX, it's about getting a return.
I believe the Boss is working very hard on exactly this, and we are looking to sell this soon. IMO.
At that point, shareholders would get a payout.
"AVZ Minerals Limited is now an unlisted disclosing entity and continues to be required to fulfill all of
the obligations of the Corporations Act including continuous disclosure obligations. "
Sobering, but it's the course we are on.
It's not about being on the ASX, it's about getting a return.
I believe the Boss is working very hard on exactly this, and we are looking to sell this soon. IMO.
At that point, shareholders would get a payout.
Azzler
Top 20
Not at all, relax and do some research.
RHyNO
Regular
We have concluded as the millionaires you gave your money to that we should infact keep your money in your best interests to achieve what we have not been able to achieve for 2 years because the corrupt regime we went into business with blindsided us by being a corrupt regime. We appreciate this is frustrating but we don’t find it frustrating because we’ll we are still getting paid millions by you to do what we clearly cannot. Thank you
Scoota30
Regular
"operating as a listed entity gives rise to inherent complications for the Company as it seeks to advance its strategy for the resolution of the key disputes and the advancement of the development of the Manono Project."
"AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets."
Is this the first time they've actually mentioned the possibility of selling in an announcement or have I just lost my marbles?
Edit: can someone please define assets for me, are they talking about the cranes and land cruisers or the multi billion dollar deposit.....come on
"AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets."
Is this the first time they've actually mentioned the possibility of selling in an announcement or have I just lost my marbles?
Edit: can someone please define assets for me, are they talking about the cranes and land cruisers or the multi billion dollar deposit.....come on
Azzler
Top 20
No they mean the big boiz. The Big guns, $$$"operating as a listed entity gives rise to inherent complications for the Company as it seeks to advance its strategy for the resolution of the key disputes and the advancement of the development of the Manono Project."
"AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets."
Is this the first time they've actually mentioned the possibility of selling in an announcement or have I just lost my marbles?
Edit: can someone please define assets for me, are they talking about the cranes and land cruisers or the multi billion dollar deposit.....come on
imo
RHyNO
Regular
Sorry to hear it mate. It’s brutal feeling I’m sharing it with you. I’d love to kick down some fucking doors and find out what these overpaid fuckers have been doing for 2 FUCKING YEARS!!!!!! Absolute disgrace. How can they possible justify their pay checks when the shareholders continue to suffer like this.
How did you go from "we are delisting because DRC are ignoring court orders" to someone's buying us out in the billions?
Bray
Regular
feel ya pain big fella, 4 hard years working 12-16 hours a day in remote qld in the stinking ass heat and humidity to being gone just like that
Tommy,
Just because someone is a millionaire does not mean they are morally bankrupt and are not working hard for the shareholders.
My perspective is and this is only my opinion is that they have made the correct decision to de-list.
Oh I look forward to seeing the shorters try and settle their positions.
ShortMan - Short position graph for AVZ
Short position graph and statistics for AVZ
Regards,
SilentOne
lellep
Regular
In the same position.. we are all in this together, you are not alone.
Let’s hope ICC squeezes the glove hard enough for a TO imo
Tommy,
Need I remind you that we still have the ICSID and ICC to play out - I am quietly confident.
Lets see how the shorters go - poor things it must be hurting.
Regards,
SilentOne
This is hard going. Can't believe a government can be so morally bankrupt at the expense of well meaning stakeholders and their own poor citizens.
Cant believe there are still countries entertaining the President and giving him the time of day. Why would they, he won't deliver anything.
And where is our government in all this? Got involved rightly or wrongly when it suited them and teflon when we need them. DFAT officials in Africa may as well come home, because they.cant exert.any influence on the part of 20,0000 Australian citizens.
Serious question. So when AVZ delist are the shares worth 0? Assume this is not a CGT event though.
Cant believe there are still countries entertaining the President and giving him the time of day. Why would they, he won't deliver anything.
And where is our government in all this? Got involved rightly or wrongly when it suited them and teflon when we need them. DFAT officials in Africa may as well come home, because they.cant exert.any influence on the part of 20,0000 Australian citizens.
Serious question. So when AVZ delist are the shares worth 0? Assume this is not a CGT event though.
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