AVZ Discussion 2022

[tonster66]

Being dumber than Leonard math is a real hard thing to do

AVZ hired him or was that klaus? we must have seen the light and got rid of him. Who knows how much damage he did

 

[Winenut]

Being dumber than Leonard math is a real hard thing to do

My collection of slugs and snails tried so hard but ultimately disappointed themselves and couldn't achieve the goal.....

 

[Dazmac66]

Indeed - the suggestion that anyone can be dumber than Tolate is something I find hard to process!

 

[Mr_Tones83]

This was even more painful to listen to than yesterday’s press conference

Despite being purportedly arrested yesterday (which wasn’t shown) he is somehow back today talking smack about everyone that has gone after Cominiere for their illegal selling of state assets below market value

He accuses Jules Alingete of being a traitor for purportedly supporting a foreign company (AVZ) over the Congolese state and suggests the DRC constitution should be rewritten to get rid of the IGF

Says Jules Alingete can’t prove why 1% of Dathcom is worth 10m USD (It’s the DFS dipshit)

But then hilariously doubles down on AVZ’s acquisition of Dathomir’s 15% being purportedly illegal because it is done below market value

And still claims to have evidence that the 20m was purportedly stolen by Jules Alingete and a government minister but again refuses to show it and says he will release it next time

Mills Tshibangu is by far the dumbest person involved in this whole saga which is really saying something considering Leonard Math is a constant commentator on events

I made it about 8mins in and couldn't watch any longer.
A few extra points to show the level of intelligence we are dealing with in our opposition (just in the first 8mins mind you):
1) He thinks that AVZ raised $4bill in cash (doesn't know what market cap is).
2) Has no understanding of how the right of first refusal works.
3) He purports that the DRC always knew the lithium was there and knew that it would increase in value even before AVZ was involved.
4) He claims that he brought all this video and documentary evidence that no work had been done and the project hadn't advanced.

Absolute muppets

 

[elphamale]

Attention all Australian AVZ shareholders!

@AVZMinYianni
https://x.com/AVZMinYianni

during his short time as Strategic Advisor to the Board of Directors and Shareholders’ Advocate, has been doing a stellar job on behalf of all AVZ shareholders IMO.

VERY IMPORTANT! Please refer to the official Shareholders' Advocate updates below.

Access the portal here: https://investor.automic.com.au/#/signup

GLTA

Cheers
Elpha

 

[wombat74]

Todays announcement is not the one promised, remember it was over the next few weeks
.

How are your Plums feeling today geo_au ?

 

[Xerof]

 

[Carlos Danger]

Halloween is coming

How are your Plums feeling today geo_au ?

 

[Mute22]

901 days since AVZ went into suspension.

 

[Winenut]

901 days since AVZ went into suspension.

View attachment 71990

Gee! It seems like only yesterday.....

 

[wombat74]

Sarama Resources (SSR) has secured funding for their ICSID case through Locke .

Summary of Locke Facility

Non-Recourse Loan: The US$4.4 million loan is non-recourse, meaning repayment is only required if the Company wins or settles its arbitration claim.

No External Security Required: The loan is secured solely by the arbitration claim and potential proceeds, with no liens or encumbrances placed on the Company’s other assets or operations.

Isolated to Claim Proceeds: Repayment obligations are limited to proceeds from a successful award or settlement in the arbitration. If the claim is unsuccessful and there is no default, the Company has no repayment obligation.

Business Operations Unaffected: The Company can continue operations and consolidate assets outside the arbitration claim chain without any impact from the loan facility.

Limited Recovery for Funder: In the event of a material adverse change, the Funder can only recover unspent funds, with no claim on other Company assets.

Flexible Repayment Structure: Funder’s return and repayment amounts depend on successful claim proceeds and are structured by the LFA’s confidential distribution priorities.

Is AVZ the next cab off the rank ?

 

[TheCount]

901 days since AVZ went into suspension.

View attachment 71990

RIP John25.

 

[Carlos Danger]

Sarama Resources (SSR) has secured funding for their ICSID case through Locke .

Summary of Locke Facility

Non-Recourse Loan: The US$4.4 million loan is non-recourse, meaning repayment is only required if the Company wins or settles its arbitration claim.

No External Security Required: The loan is secured solely by the arbitration claim and potential proceeds, with no liens or encumbrances placed on the Company’s other assets or operations.

Isolated to Claim Proceeds: Repayment obligations are limited to proceeds from a successful award or settlement in the arbitration. If the claim is unsuccessful and there is no default, the Company has no repayment obligation.

Business Operations Unaffected: The Company can continue operations and consolidate assets outside the arbitration claim chain without any impact from the loan facility.

Limited Recovery for Funder: In the event of a material adverse change, the Funder can only recover unspent funds, with no claim on other Company assets.

Flexible Repayment Structure: Funder’s return and repayment amounts depend on successful claim proceeds and are structured by the LFA’s confidential distribution priorities.

Is AVZ the next cab off the rank ?

'Security of the Facility is limited to the Claim, associated potential proceeds and all benefits arising from the property and assets of the subsidiary companies comprising the ownership chain pertaining to the Project'

12 months for AVZ and Locke to agree on an appropriate $ or % repayment from the ICSID claim?

20m USD is a very particular number imo

 

[Frank]

RIP John25.

Gone too soon, but not forgotten - RIP Old Mate

 

[CashKing]

901 days since AVZ went into suspension.

View attachment 71990

RIP @John25 he was always great at letting us know.

GLTAH

 

[Schnitzelfresser]

Not sure I am gonna be happy about a closure of Locke funding or not. Only results in the long long long game.

 

[Roon]

Not sure I am gonna be happy about a closure of Locke funding or not. Only results in the long long long game.

IMO we need the Locke funding not just to fund our arbitration activities, but to show proof that our opponents plan to bleed us into bankruptcy is not viable. For now it seems DRC is ignoring our efforts to negotiate, no doubt with our enemy whispering into their ears that we are a done concern and no real threat. Having our litigation funded however would provide us with a bit more sting in our tail and boost the pressure on those entities to sit down with us and figure something out.

 

[Cumquat Cap]

Agreed Roon, they are hoping we go into VA and Locke funding will show that’s at least 3 years from happening. Stifling any purported good work they are doing in improving the business climate.

Not once has a DRC govt official mentioned avz in public, they are scum and orchestrated this for years post DFS with Felix being the lead and most likely largest benefactor of Chinese bribes. Terrible business climate, we’re gonna have to teach them a lesson. Trump will be a lot harsher than Biden has been which may work in our favour.

 

[wombat74]

'Security of the Facility is limited to the Claim, associated potential proceeds and all benefits arising from the property and assets of the subsidiary companies comprising the ownership chain pertaining to the Project'

12 months for AVZ and Locke to agree on an appropriate $ or % repayment from the ICSID claim?

20m USD is a very particular number imo

What's Locke's cut ? No mention in the SRR announcement .

 

[Goldenboy]

What's Locke's cut ? No mention in the SRR announcement .

I’m sure nothing for nothing. They will do very well out of the deal. Something for the shareholders is better than nothing at the end of the day.