AVZ Discussion 2022

[BEISHA]

Yeah defo this is all orchestrated by Mupande / Cominiere / Zijin due to snacks

Slightly different timeline of events regarding the FROR tho

21/7/21 - Cominiere write to AVZ asking for an ‘opinion’ on their intent to sell the 15% to Zijin

4/8/21 - AVZ reply to Cominiere saying yo dipshits we have FROR what is the price we want to buy (This is within the 40 day time limit outlined in Article 9.1 (b) of the Dathcom JVA)

Crucially Cominiere never reply because they are too busy snacking

30/8/21 - 40 day time limit expires

The purported acquisition of the 15% by Zijin is then approved and registered in the RCCM (I don’t know the exact date this occurred but it was sometime in September 2021 according to Zijin)

20/9/21 – AVZ submits offer to purchase the 15% from Cominiere to the MoP at the market valuation of $154m USD established in the DFS which is to be done in a split of cash and AVZ shares (The date of 2071 shown is obvs a translation issue the original doc shows 2021)

View attachment 72114
View attachment 72115
View attachment 72116

Don’t forget this old chestnut too which is the basis for everything that has happened regarding 15775 imo although all events post the Dathcom JVA purported termination is irrelevant legally as it they should have gone through the ICC which is what AVZ are talking about in the screenshot you posted but I have said that many times. If the Dathcom relinquishment is valid the northern section should have gone through the tender process outlined in the mining code which never occurred even with Cominiere's relinquishment for Manono Lithium.

View attachment 72117
View attachment 72118
View attachment 72119
View attachment 72120
View attachment 72121
View attachment 72122

 

[wombat74]

View attachment 72126

In the mean time we have exciting developments happening behind the scenes and a "promised" jump for joy announcement on the way according to both deboss and geo . Nice timing with the AGM approaching .

Speaking of AGMs . Is there a cut off date ?

 

[Carlos Danger]

In the mean time we have exciting developments happening behind the scenes and a "promised" jump for joy announcement on the way according to both deboss and geo . Nice timing with the AGM approaching .

Speaking of AGMs . Is there a cut off date ?

Cut off date is end of November for holding it and 3 weeks before date of AGM for informing shareholders

Since the 30th is a Saturday then the 29th is the last plausible date to hold it and the 8th of November would be the last date for informing shareholders

However, the annual report must be released today. Good chance we will get the AGM notification straight after that. We must be informed of what the remuneration paid to management is before we can vote on it.

 

[Carlos Danger]

Surely you can wait few weeks for your answer, then you will hopefully be jumping with joy.

A few weeks from now is Halloween. I’ve screenshotted this and will be checking back in. Let’s hope it is a time of treats and not tricks.

Happy Halloween everyone!

 

[RHyNO]

We must be informed of what the remuneration paid to management is before we can vote on it.

There better be a box marked -$200,000

 

[Flight996]

Yeah defo this is all orchestrated by Mupande / Cominiere / Zijin due to snacks

Slightly different timeline of events regarding the FROR tho

21/7/21 - Cominiere write to AVZ asking for an ‘opinion’ on their intent to sell the 15% to Zijin

4/8/21 - AVZ reply to Cominiere saying yo dipshits we have FROR what is the price we want to buy (This is within the 40 day time limit outlined in Article 9.1 (b) of the Dathcom JVA)

Crucially Cominiere never reply because they are too busy snacking

30/8/21 - 40 day time limit expires

The purported acquisition of the 15% by Zijin is then approved and registered in the RCCM (I don’t know the exact date this occurred but it was sometime in September 2021 according to Zijin)

20/9/21 – AVZ submits offer to purchase the 15% from Cominiere to the MoP at the market valuation of $154m USD established in the DFS which is to be done in a split of cash and AVZ shares (The date of 2071 shown is obvs a translation issue the original doc shows 2021)

View attachment 72114
View attachment 72115
View attachment 72116

Don’t forget this old chestnut too which is the basis for everything that has happened regarding 15775 imo although all events post the Dathcom JVA purported termination is irrelevant legally as it should have gone through the ICC which is what AVZ are talking about in the screenshot you posted but I have said that many times. If the Dathcom relinquishment is valid the northern section should have gone through the tender process outlined in the mining code which never occurred even with Cominiere's relinquishment for Manono Lithium.

View attachment 72117
View attachment 72118
View attachment 72119
View attachment 72120
View attachment 72121
View attachment 72122

So, in just this small part of the wider sordid affair, we have:

Cominiere failing to honor AVZ's pre-emtive right.
Cominiere failing to honour AVZ's right to match any third party offer.
Cominiere not responding to AVZ's offer.
Cominiere corruptly selling 15% of Dathcom to Zijin Mining below market value.
Cominiere corruptly siphoning off approx $US6m from the sale.
Cominiere not refering the resulting dispute for arbitration.

 

[Mute22]

The ads on TSE mobile are so egregious.

I feel like I’m getting Deboss’s X feed every time I refresh the page.

 

[Remark]

The ads on TSE mobile are so egregious.

I feel like I’m getting Deboss’s X feed every time I refresh the page.

I think you'll find they're based on your search history. So, self inflicted IMO

 

[Mute22]

I think you'll find they're based on your search history. So, self inflicted IMO

The full page ones on mobile of instagram models pop up across all devices even ones I have no history on!

Feel like a perv opening TSE at work.

 

[Remark]

The full page ones on mobile of instagram models pop up across all devices even ones I have no history on!

Feel like a perv opening TSE at work.

Maybe worth mentioning it to @Zeebot. I was getting full page ads in Chinese for a while there but no Instagram models unfortunately.

 

[Goldenboy]

Maybe worth mentioning it to @Zeebot. I was getting full page ads in Chinese for a while there but no Instagram models unfortunately.

So I was getting Chinese instagram models …. Where have I gone wrong ???

 

[Azzler]

How you people live with out using an ad blocker is beyond me!!!
It's so obnoxious.

Do yourself a massive favor, please!

uBlock Origin - Free, open-source ad blocker

uBlock Origin is a free, open-source ad blocker. Block ads on YouTube, Twitch, and across the web with low CPU and memory usage. Available for Firefox, Chrome, Edge, and more.

ublockorigin.com

 

[Mute22]

How you people live with out using an ad blocker is beyond me!!!
It's so obnoxious.

Do yourself a massive favor, please!

uBlock Origin - Free, open-source ad blocker

uBlock Origin is a free, open-source ad blocker. Block ads on YouTube, Twitch, and across the web with low CPU and memory usage. Available for Firefox, Chrome, Edge, and more.

ublockorigin.com

I do for desktop, but don’t have one on mobile

 

[Doc]

Someone able to fill us in on this Kobold Metals stuff doing the rounds on X? They tried to get onsite with cominiere? To what end?
More twists and turns then a cheap garden hose

 

[Mr_Tones83]

Someone able to fill us in on this Kobold Metals stuff doing the rounds on X? They tried to get onsite with cominiere? To what end?
More twists and turns then a cheap garden hose

True answer... nobody knows at this point.
A lot of speculation, but I'm willing to wager that it's another breach of ICC orders by Cominiere

 

[Mute22]

https://www.linkedin.com/in/elliot-kahn-08aa3870/

 

[wombat74]

Someone able to fill us in on this Kobold Metals stuff doing the rounds on X? They tried to get onsite with cominiere? To what end?
More twists and turns then a cheap garden hose

They going to buy out AVZ ? geo_au

 

[Mr_Tones83]

They going to buy out AVZ ? geo_au

No chance. They're exploration only, not a mining company.

 

[PhatCatz]

https://www.wsj.com/articles/silicon-valleys-newest-unicorn-is-a-mining-company-9d22ea6c

Same company? Has some pretty big names associated with it.

 

[Mute22]

Obviously Chinese and DRC officials are untouchable, but what would the AUS government do if Australian citizen Kahn Elliot Gardener was proven to be breaking ICC orders on behalf of Kobold Metals?