2 agm's ago, Nigel was asked the question by Beisha about the substantial increase in BOD insurance premiums. Would the insurance now be called upon and therefore funded by the insurance? Question to ask at the next AGM
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Winenut
GO AVZ!!!!
I think the insurance was more Directors and Officers Insurance or Management Liability Insurance.
That type of insurance is designed to protect management/the board being sued for wrongdoing in the execution of their fiduciary duties
It's not business risk insurance or business disruption insurance or anything like that so I think the answer to your question is probably no
Wombat,
No it doesn't - what about those that have taken out commercial loans - you have no idea what messes people are navigating including those that have lost their deposits on new houses and the like. $2.50 for some doesn't even come close.
I am happy to go down the road of the ICSID / ICC if necessary, but I would prefer not to - $2.50 doesn't even cut it.
Regards,
SilentOne
What price would you be happy with SilentOne ? Just a ball park figure will do .
2.5$ is equal to around 9 billion Australian dollars. Anyone who thinks we will actually end up with 9 billion dollars from this situation has rocks in their head. And yet you say that doesn't even cut it?
I mean there's optimistic and then there's...whatever this is.
Remark
Top 20
Are you suggesting that some people took out commercial loans to buy AVZ shares or did I read that wrong?
RHyNO
Regular
@SilentOne mate your perspective is so absurd it should be a Dali painting. You think because people took out high interest loans to buy into a stock with insane sovereign risk The ordinary shareholders should refuse a settlement above the highest share price recorded? And your mate thinks people don’t have the right to speculate at $1.50. The right!! I mean what coolaid are you drinking! We are slim to none chance of getting out of this with anything at all. But with a 9/20billion dollar settlement. That they actually pay!!! It’s not Friday mate save the jokes
Azzler
Top 20
Hi Mr Rhyno.
How'd you go from $1.50 to zero within a few hours?
Slim to zero chance of getting any money you say?
Yet 2 hours ago we're getting $1.50?
Very confusing please explain.
RHyNO
Regular
Oh mate of course. Here’s where I’m at for what it’s worth. I’d like to believe we are in negotiations that they have opened up lines of communication at least with zinjin to get us a deal to get us out of their hair while they set up their mining operations. I think the bird has flown on DRC Government negotiations. I think Nigel is good enough to know he’s got to get above the all time highs and I think he’s in a good position to do so. They can’t steal it. And they can’t mine it if we are held up in court. I’m hoping deal. I’m hoping upwards of $1.50. But I’ve read enough history on the DRC to know things rarely go well over there. And I don’t suggest $1.50 because it’s what we are worth. I suggest it because I want out. ASAP
Well said. And furthermore;Hello to all AVZ holders. I'd like to put forward some musings if I may.
Like many, I'm a long term holder.
And FYI, I'm just as annoyed as anyone about the last couple of years.
I do however have a slight bounce to my step currently, as I believe things are turning/have turned in our favour.
Firstly, silence from the BoD. Interesting. No? Been a loooong time.
They've definitely gone to ground.
AGM rapidly approaching. Have you read what's being voted on? Really?
It's a nothing. It's meaningless. IMO, just a couple of issues to vote on, " 'cause we gotta have an AGM." It'll be over in ten minutes.
Where's the MMGA crew? That's right. NOWHERE!
No additional motions put forward.
No persons of ill repute putting their hand up to be voted in.
No motions for board spills.
In my humble opinion, a deal's been done.
News prior to AGM? Maybe? Probably.
Most likely.
Food for thought?
AIMHO
GLTAH.
Nothing from the ICC
ICSID directives followed by non payment
KoBold
Removal of Gertler
IMF deal
Relative silence from Cominiere
DeBoss
Geo
Blind Freddy knows somethings happening.
Mute22
Regular
Appeal to Closure
Accepting evidence on the basis of wanting closure—or to be done with the issue. While the desire for closure is a real psychological phenomenon that does have an effect on the well-being of individuals, using "closure" as a reason for accepting evidence that would otherwise not be accepted, is...
All those things, even in tandem aren't evidence of anything. Heard it all before.
Remark
Top 20
Well said!Appeal to Closure
Accepting evidence on the basis of wanting closure—or to be done with the issue. While the desire for closure is a real psychological phenomenon that does have an effect on the well-being of individuals, using "closure" as a reason for accepting evidence that would otherwise not be accepted, is...www.logicallyfallacious.com
All those things, even in tandem aren't evidence of anything. Heard it all before.
Winenut
GO AVZ!!!!
cruiser51
Top 20
Taking in consideration that der hooter is in overdrive on HC, moderating every post he considers could harm his persona, something must be happening.
But than again at the end of the day, he is so fucking frustrated, because simply he can't find out anything.
Even after lurking here, about every hour of the day, without success, that he finished up resorting to make up his own shit in the hope he might catch something up by people reacting to his absolute uneducated nonsense.
Great study material for psychologists.
Good he lives far north, behind hole 9, so he can't do too much damage to society.
Freddy, as blind as he is can see something is happening.
But he never suggests he knows what that is you dickhead.
Winenut
GO AVZ!!!!
Winenut
GO AVZ!!!!
I get it
You're blind as a bat, you think "something" is happening
But you don't have a clue what it is
Well done
Yep I can close my eyes and have a pretty good tingling, "spidey sensing" feeling that "something" ...."might" be happening...... "somewhere"....
Geez bud
A question to your post, a little meme and you go all weird and then call me a dickhead
If we are heavily negotiating (and I hope we are), I'd be surprised if there is much information forthcoming at the AGM.
Details of such (and how close to resolution etc) would be kept close.
I'd think Nige would have learned not to set any expectations by now since he can't trust anything he's been told.
And if there was any nudging or winking, I wouldn't trust it anyway.
We *might* get some info or clarity around exactly what the story is regarding the escrow funds, but I think you'd even want how much of that remains kept under wraps from our opponents as well.
It might even be a quick formality to table and close the resolutions, then no questions.
Anyway, we'll know pretty soon.
Details of such (and how close to resolution etc) would be kept close.
I'd think Nige would have learned not to set any expectations by now since he can't trust anything he's been told.
And if there was any nudging or winking, I wouldn't trust it anyway.
We *might* get some info or clarity around exactly what the story is regarding the escrow funds, but I think you'd even want how much of that remains kept under wraps from our opponents as well.
It might even be a quick formality to table and close the resolutions, then no questions.
Anyway, we'll know pretty soon.
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