AVZ Discussion 2022

Bray

Regular
  • Haha
  • Like
Reactions: 3 users

Samus

Top 20
Absolutely zero to get excited about in this update. Just an ever expanding web of legal battles that take excessively longer than they really should as cominiere SA and Zijin steal everything.
Let's hope these apparent numerous developments behind the scenes yield something with a bit more substance ffs.
Bare minimum it would be nice to see cominiere ordered to pay up. Who knows why even that decision takes months for these useless slowpokes at the ICC to decide. :rolleyes:
 
  • Like
  • Fire
Reactions: 19 users

Colaci78

Member
He’s just pissing in our pocket. What a load of bullshit. Why would he send out a little hint of hopium with the Announcement of an announcement lol? I don’t think much has changed since the last announcement of the legal proceedings.
 
  • Like
  • Thinking
Reactions: 8 users

ptlas

Regular
  • Haha
Reactions: 1 users

ptlas

Regular
The legal proceeding update is out!:

AVZ Minerals Limited (ASX: AVZ) - Shareholder Update

AVZ Minerals Limited ("AVZ" or "the Company") wishes to inform shareholders of a unique compensation plan approved by the Board. Each shareholder will be compensated with 1 pineapple per share held in the Company as of the record date.

This initiative aims to acknowledge shareholder support and provide a tangible asset in lieu of traditional cash dividends or a successful operating mine. Distribution details will be provided in a subsequent announcement in which each shareholder will be asked to line up and take turns for "The Pinappling"

Please direct any questions regarding this update to the Company Secretary.

Thank you for your ongoing support.

By order of the Board
Jan de Jager
AVZ Minerals Limited
Great news!
I'm guessing a pineapple is worth $5 (dunno 'cos never buy them). So that means that at 1c we're receiving 50,000% of the value of our shares.
Just hope there's not a glut which would lower the re-sale value.
Maybe a staggering issue will occur, actually I'm sure it will.
There's gonna be a lot of sore botties
 
  • Haha
Reactions: 3 users

Xerof

Have a Cigar 1975
Great news!
I'm guessing a pineapple is worth $5 (dunno 'cos never buy them). So that means that at 1c we're receiving 50,000% of the value of our shares.
Just hope there's not a glut which would lower the re-sale value.
Maybe a staggering issue will occur, actually I'm sure it will.
There's gonna be a lot of sore botties
Carrick gets 15 million of the fucking things. I knew he knew more than we thought he knew
 
  • Haha
Reactions: 2 users

JNRB

Regular
Lots of long timelines in that update that can for sure be demotivating.

But lets remember the more likely outcome is still a negotiated agreement with DRC. Keeping the court cases going is our main leverage in that respect but I think it unlikely the DRC would let it get that far given they know for sure they don't have a leg to stand on.

Our leverage is the courts.
The DRC wants a compromise, and their leverage is time - ie a solution is found sooner than it would be through the courts.

Closer we get to the court hearing, the more the DRC's leverage decreases.
June 2025 9 months away. Lets round it up to a year for an outcome from the hearing.
By that point we also have outcomes on many of the other cases too.

After putting up with ALREADY YEARS of getting screwed around by the DRC, how much time leverage do you think it would require for AVZ not to see out the court cases? I'm not a lawyer or involved with any behind the scenes discussions, but after all this can you imagine AVZ making a major compromise less the 6 months out from the massive additional leverage of having ICC cases delivered in our favour? I couldn't.

All of that is to say, we have already waited a FK%&NG LONG time.
So there needs to be a LONG time advantage to warrant a compromise that would involve ceasing legal action.
Court dates are NOT ALL THAT LONG away.
So hopefully (with a Manono-sized grain of salt) a resolution is much closer.


Comments from debos hint that there's more going on behind the scenes.
Comments from USA officals have made their involvment and position even more explicit.
Fingers crossed.
 
  • Like
  • Fire
  • Thinking
Reactions: 52 users

Samus

Top 20
Carrick gets 15 million of the fucking things. I knew he knew more than we thought he knew
15 million pineappleings, they'll be ramming them up his desecrated corpse!
 
  • Like
  • Haha
Reactions: 6 users

geo_au

Regular
Lots of long timelines in that update that can for sure be demotivating.

But lets remember the more likely outcome is still a negotiated agreement with DRC. Keeping the court cases going is our main leverage in that respect but I think it unlikely the DRC would let it get that far given they know for sure they don't have a leg to stand on.

Our leverage is the courts.
The DRC wants a compromise, and their leverage is time - ie a solution is found sooner than it would be through the courts.

Closer we get to the court hearing, the more the DRC's leverage decreases.
June 2025 9 months away. Lets round it up to a year for an outcome from the hearing.
By that point we also have outcomes on many of the other cases too.

After putting up with ALREADY YEARS of getting screwed around by the DRC, how much time leverage do you think it would require for AVZ not to see out the court cases? I'm not a lawyer or involved with any behind the scenes discussions, but after all this can you imagine AVZ making a major compromise less the 6 months out from the massive additional leverage of having ICC cases delivered in our favour? I couldn't.

All of that is to say, we have already waited a FK%&NG LONG time.
So there needs to be a LONG time advantage to warrant a compromise that would involve ceasing legal action.
Court dates are NOT ALL THAT LONG away.
So hopefully (with a Manono-sized grain of salt) a resolution is much closer.


Comments from debos hint that there's more going on behind the scenes.
Comments from USA officals have made their involvment and position even more explicit.
Fingers crossed.
Todays announcement is not the one promised, remember it was over the next few weeks
.
 
  • Like
  • Thinking
  • Fire
Reactions: 46 users

JNRB

Regular
Todays announcement is not the one promised, remember it was over the next few weeks
.
I assumed as much, and hope that's the case!
 
  • Like
Reactions: 6 users
Todays announcement is not the one promised, remember it was over the next few weeks
.
Says who FFS.?

What announcement are you referring to please?

Who promised it?
 
  • Like
  • Fire
  • Thinking
Reactions: 3 users

Remark

Top 20
Todays announcement is not the one promised, remember it was over the next few weeks
.
You're such a tease Geo!

Dirty-Martini-Burlesque.gif
 
  • Haha
  • Like
  • Love
Reactions: 13 users
Todays announcement is not the one promised, remember it was over the next few weeks
.
Hopefully it is not something like: "the next ministerial shuffle is on the run" or "DRC want to attract Australian investors for mining operations" :D
 
  • Like
  • Haha
Reactions: 7 users

Samus

Top 20
Todays announcement is not the one promised, remember it was over the next few weeks
.
Funny, we heard the same a few months ago and plenty of times before that too. :unsure:

I'm surprised anyone would even voice this type of hearsay any more instead of simply keeping it to themselves.

DRC/China has lied, cheated and stolen from every angle. They have destroyed every promising development to date as well as stolen all of our assets, our prospects to restore the power plant, coming up to three years of our development time, the camp we built, the water, our core samples, $20 million out of the bank and the list goes on. People would do well to remember that.

Management have not even been able to secure the fabled MOU which we know from experience would mean nothing anyway.

The winky winky inside crew has been proven absolutely full of shit as they jump the gun time and again.

Other than the slow gruelling arbitrations we have absolutely zero official evidence of any remotely positive progress.

We can hope you are right but your vague assurance that people will be jumping for joy at some mysterious expected announcement 'in a few weeks' is irresponsible and frankly pretty irritating and offensive because a few weeks is a lot of time for everything to go wrong in the shit hole that is the DRC just as it always has to date.

As if you've been entrusted with some sort of privileged information even though you are clearly stupid and untrustworthy enough to go and blab it on social media. Get a life and some common sense :rolleyes:

Same goes for all the desperadoes who can't process the actual reality of our situation.

And anybody who tells me you may have to apologise, you can fuck off because the point is that this type of self-aggrandizing posting is irresponsible and stupid in the first place. Plus anyone who likes it is also a fuckwit imo.
 
  • Fire
  • Like
  • Love
Reactions: 25 users
Funny, we heard the same a few months ago and plenty of times before that too. :unsure:

I'm surprised anyone would even voice this type of hearsay any more instead of simply keeping it to themselves.

DRC/China has lied, cheated and stolen from every angle. They have destroyed every promising development to date as well as stolen all of our assets, our prospects to restore the power plant, coming up to three years of our development time, the camp we built, the water, our core samples, $20 million out of the bank and the list goes on. People would do well to remember that.

Management have not even been able to secure the fabled MOU which we know from experience would mean nothing anyway.

The winky winky inside crew has been proven absolutely full of shit as they jump the gun time and again.

Other than the slow gruelling arbitrations we have absolutely zero official evidence of any remotely positive progress.

We can hope you are right but your vague assurance that people will be jumping for joy at some mysterious expected announcement 'in a few weeks' is irresponsible and frankly pretty irritating and offensive because a few weeks is a lot of time for everything to go wrong in the shit hole that is the DRC just as it always has to date.

As if you've been entrusted with some sort of privileged information even though you are clearly stupid and untrustworthy enough to go and blab it on social media. Get a life and some common sense :rolleyes:

Same goes for all the desperadoes who can't process the actual reality of our situation.

And anybody who tells me you may have to apologise, you can fuck off because the point is that this type of self-aggrandizing posting is irresponsible and stupid in the first place. Plus anyone who likes it is also a fuckwit imo.
I liked geo’s post haha

He has usually been pretty spot on so let’s give him the benefit of the doubt for now

And that’s coming from someone that has stuck their neck out more than most to call bullshit on Chinese whispers and attempts to silence anyone with fair criticism of management or their messengers
 
  • Like
Reactions: 21 users

Winenut

Go AVZ!
  • Haha
Reactions: 10 users

oxxa23

Regular
Funny, we heard the same a few months ago and plenty of times before that too. :unsure:

I'm surprised anyone would even voice this type of hearsay any more instead of simply keeping it to themselves.

DRC/China has lied, cheated and stolen from every angle. They have destroyed every promising development to date as well as stolen all of our assets, our prospects to restore the power plant, coming up to three years of our development time, the camp we built, the water, our core samples, $20 million out of the bank and the list goes on. People would do well to remember that.

Management have not even been able to secure the fabled MOU which we know from experience would mean nothing anyway.

The winky winky inside crew has been proven absolutely full of shit as they jump the gun time and again.

Other than the slow gruelling arbitrations we have absolutely zero official evidence of any remotely positive progress.

We can hope you are right but your vague assurance that people will be jumping for joy at some mysterious expected announcement 'in a few weeks' is irresponsible and frankly pretty irritating and offensive because a few weeks is a lot of time for everything to go wrong in the shit hole that is the DRC just as it always has to date.

As if you've been entrusted with some sort of privileged information even though you are clearly stupid and untrustworthy enough to go and blab it on social media. Get a life and some common sense :rolleyes:

Same goes for all the desperadoes who can't process the actual reality of our situation.

And anybody who tells me you may have to apologise, you can fuck off because the point is that this type of self-aggrandizing posting is irresponsible and stupid in the first place. Plus anyone who likes it is also a fuckwit imo.
Do you feel big and good about yourself now?

If that sends you into a spiral you might be best giving tse, x and hc a rest for a while....
 
  • Like
  • Fire
Reactions: 15 users

Bray

Regular
Dunno how anyone can think an announcement is going to be positive now unless it’s 1. Getting your money back 2. Getting X amount per share.
Everything else is complete bullshit and the past two years proves this
 
  • Like
  • Fire
Reactions: 16 users

TheCount

Regular
  • Haha
  • Like
  • Thinking
Reactions: 16 users

Xerof

Have a Cigar 1975
View attachment 71216

Hey Lenny, what I make out of it is on the list you go for a free copy of Contract Law for DUMMIES with Cong and sydneyguy

You’re a disgrace to CA’s everywhere fat boy

Oh and by the way, that article you keep copy and pasting is wrong. ‘The clerk’ aka Papalas Musagi Wabulasa’s sentence wasn’t suspended it was cancelled as the appeal judge found that his conviction was not established 'in fact as in law' LMFAO

View attachment 71210
View attachment 71212

I can't recall seeing anything about GJ's appeal. Did he get the same courtesy as PAPALAS?
 
  • Thinking
Reactions: 1 users
Top Bottom