AVZ Discussion 2022

[eqtrade]

I can't understand why people would sell their shares held in a super fund for 1c. Your super is a long term investment for retirement. The proceed from sale is so little with a price 1c and almost like a write-off as for myself. I would just wait on and ride to the end. I think the TO offer is just a desperation and not effective for any motive.
Best of luck everyone.

 

[Frank]

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[Frank]

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[CashKing]

I can't understand why people would sell their shares held in a super fund for 1c. Your super is a long term investment for retirement. The proceed from sale is so little with a price 1c and almost like a write-off as for myself. I would just wait on and ride to the end. I think the TO offer is just a desperation and not effective for any motive.
Best of luck everyone.

Correct unless they made massive amounts elsewhere but it still doesn’t make sense to me selling at 1c wtf

 

[No_idea]

Yup, so we know now who is financing it, Peiboy and not carrotdick.
Carrotdick and jonesclown are simply figure heads to make it look good for the Australian Government.

The Chinese are simply attempting another way to fuk AVZ over, so they are clearly not convinced they will get anywhere the legal way, otherwise why bother?

Fark it's tiring!

 

[BRICK]

Fark it's tiring!

I tell you what is tiring, holding RNU and AVZ at the same time

lol

 

[eqtrade]

Correct unless they made massive amounts elsewhere but it still doesn’t make sense to me selling at 1c wtf

Sell the shares to your children and hopefully it would be a big house deposit in one day.

 

[wombat74]

So say Pei is behind the Resource Capital Investment deal....

If AVZ is successful with the Dathomir deal, which seems to look highly likely, AVZ owns 75% of Dathcom.

If Pei can get his grubby hands on the 20% of AVZ with his 1 AUD cents offer, he can essentially increase his holding of Dathcom from 24% to (20% of 75% = 15%) to 24% + 15% = 39% and leaves AVZ with 75% - 39% = 36% of Dathcom and this for less than US$ 4,500.
And Pei did not have to get his super abacus out to calculate this, he could have worked this out on the back of his left hand.
No reason to get excited over the BOD, that's just noise.

Just my observation.

Surely Nigel realizes now Pei/CATH is his enemy ? Is he going to need to raise an extra $20mil to give these pricks the flick ?

 

[protoje]

I tell you what is tiring, holding RNU and AVZ at the same time

lol

Oh I am with you there!!!!!

 

[LX600]

https://www.reuters.com/markets/commodities/miners-including-chinas-ganfeng-launch-arbitration-case-against-mexico-over-2024-06-24/

China is also using ICSID

 

[Dave Evans]

So say Pei is behind the Resource Capital Investment deal....

If AVZ is successful with the Dathomir deal, which seems to look highly likely, AVZ owns 75% of Dathcom.

If Pei can get his grubby hands on the 20% of AVZ with his 1 AUD cents offer, he can essentially increase his holding of Dathcom from 24% to (20% of 75% = 15%) to 24% + 15% = 39% and leaves AVZ with 75% - 39% = 36% of Dathcom and this for less than US$ 4,500.
And Pei did not have to get his super abacus out to calculate this, he could have worked this out on the back of his left hand.
No reason to get excited over the BOD, that's just noise.

Just my observation.

AVZ would still hold 75% of Dathcom, Pei would only have an increase in the amount of AVZ shares he owned. There are plenty of shareholders on TSE who would scoop up any shares for multiples of the price of the current offer

 

[TheCount]

So say Pei is behind the Resource Capital Investment deal....

If AVZ is successful with the Dathomir deal, which seems to look highly likely, AVZ owns 75% of Dathcom.

If Pei can get his grubby hands on the 20% of AVZ with his 1 AUD cents offer, he can essentially increase his holding of Dathcom from 24% to (20% of 75% = 15%) to 24% + 15% = 39% and leaves AVZ with 75% - 39% = 36% of Dathcom and this for less than US$ 4,500.
And Pei did not have to get his super abacus out to calculate this, he could have worked this out on the back of his left hand.
No reason to get excited over the BOD, that's just noise.

Just my observation.

The other 80% of AVZ shareholders also contribute to how the 100% dictate the direction of the company - and to make it even simpler, "we" shareholders only have a say once a year..... . His theoretical 20% ownership of AVZ doesn't give him "control" of anything other than votes at an AGM and any profits on the shares..

AVZ has legal title over 90%, and by granting Pei 24% for his cash, that leaves us with say 66% of Dathcom. If Pei grabs 20% of AVZ then that adds another 13.20% = leaving him with a financial benefit of 37.20% and AVZ with 52.80%. We'd also have $240M in the bank to go dig some rocks.

So yes, he "increases his holding" financially but not into majority levels - is that your concern?

TC.

 

[Spikerama]

The biggest question I have right now is why the fuck does it take a hostile take over attempt to get an announcement from the company where they tell us of new lines of communication with the DRC, an imminent MOU and other avenues of value realisation? WHY?

They obviously had this information sitting there prior so what the fuck is going on guys?

Same thing happened last time when SMEGMA made a dick move. AVZ was forced to communicate. This is the kind of thing that pisses people right off. Not good as we fast approach AGM.

 

[Cumquat Cap]

Why give our detractors more to work with if we don’t have to ? Silence kills their ability to find angles to penetrate and in the absence of liquidity/delisted does it really matter?

This is no longer a standard publically traded endeavour sadly

 

[Flight996]

The other 80% of AVZ shareholders also contribute to how the 100% dictate the direction of the company - and to make it even simpler, "we" shareholders only have a say once a year..... . His theoretical 20% ownership of AVZ doesn't give him "control" of anything other than votes at an AGM and any profits on the shares..

AVZ has legal title over 90%, and by granting Pei 24% for his cash, that leaves us with say 66% of Dathcom. If Pei grabs 20% of AVZ then that adds another 13.20% = leaving him with a financial benefit of 37.20% and AVZ with 52.80%. We'd also have $240M in the bank to go dig some rocks.

So yes, he "increases his holding" financially but not into majority levels - is that your concern?

TC.

Re: If Pei grabs 20% of AVZ then that adds another 13.20% = leaving him with a financial benefit of 37.20% and AVZ with 52.80%.

My understanding is that the takeovers laws would be triggered once Pei tried increasing his beneficial ownership above 20%, and the FIRB would be right onto it in any case.

Cheers
F

 

[SilentOne]

Re: If Pei grabs 20% of AVZ then that adds another 13.20% = leaving him with a financial benefit of 37.20% and AVZ with 52.80%.

My understanding is that the takeovers laws would be triggered once Pei tried increasing his beneficial ownership above 20%, and the FIRB would be right onto it in any case.

Cheers
F

For what its worth, a takeover of AVZ by a Chinese company is not likely be permitted because it needs to be approved by the FIRB - so it would be interesting to see how that works.

The 20% + ownership would need to be in AVZ, not a culmination of both AVZ & Dathcom holdings - this is what I would speculate -

I believe others would have more of an idea than me on here.

Regards,

SilentOne

 

[Azzler]

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I wonder who these people are?

They reposted, I think Neetoo or Jen's post

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[Cumquat Cap]

For what its worth, a takeover of AVZ by a Chinese company is not likely be permitted because it needs to be approved by the FIRB - so it would be interesting to see how that works.

The 20% + ownership would need to be in AVZ, not a culmination of both AVZ & Dathcom holdings - this is what I would speculate -

I believe others would have more of an idea than me on here.

Regards,

SilentOne

20% or above I believe they can block and asset purchase/take over attempt / which they would do in a heartbeat. Don’t want Carrick profiting if this thing gets taken out either considering he owns zero shares currently

 

[Mute22]

In a timely manner.. Somebody has entered "Imminent" into a thesaurus to try and avoid that word.

It's been 6 years and we haven't heard a peep from the DRC on AVZ, anything shorter than a year would be timely.

 

[Xerof]

For what its worth, a takeover of AVZ by a Chinese company is not likely be permitted because it needs to be approved by the FIRB - so it would be interesting to see how that works.

The 20% + ownership would need to be in AVZ, not a culmination of both AVZ & Dathcom holdings - this is what I would speculate -

I believe others would have more of an idea than me on here.

Regards,

SilentOne

Let's be clear - there is only ONE motivation for these cunts to try and get a foothold in AVZ, and that is to roll the current BoD, replace them with muppets and hand the PROJECT to Zijin. They need more support than what they controlled at the AGM - it's not going to come from us so-called rusted on shareholders, so they need to get more shares into their control before they would have the confidence to try that again

1 cent just shows they don't have the funds, and this will be a complete flop. The Fat Tail court case to roll the Directors seems to have withered on the vine, so they try another angle - LOL

China will NEVER be able to make a Takeover for AVZ directly, and given the way these Arbitrations appear to be land sliding in our favour at every step, the only option open to China Inc is to control governance (or keep up the corruption in DRC, which is being more exposed than ever and is probably at the end of it's useful life in our particular case)

Why give our detractors more to work with if we don’t have to ? Silence kills their ability to find angles to penetrate and in the absence of liquidity/delisted does it really matter?

This is no longer a standard publically traded endeavour sadly

I don't think for one minute that AVZ would have been 'happy' with having to update activities, but they couldn't just let this scam sit there without comment. As Cumquat says it does feed information to our enemies, but it would suggest to me that, on the basis he HAS updated at a minimalist level of detail, progress is a lot further advanced on those two fronts - MOU and 'value realisation' and so perhaps they aren't too worried about feeding the backline some ball

Lastly, I would suggest the dance with Locke is actually the tail wagging the dog

Just my ponderings

and hello to the voyeurs