AVZ Discussion 2022

Dave Evans

Regular
My way of approaching it now is best to wait until ICSID commences. These morally bankrupt entities always settle before being put to the fire. Assuming funding okay, best to step back until mid 2025, with purported interested buyers the DRC would be mad not to let us sell RD rather than a judgement with the world bank. Key is Locke plus some opex off the back of that announcement


Here’s a few things to consider regarding ICSID damages

The DRC is obligated under international laws and their own mining code to legally protect mining investor’s operations and their right to compensation (damages) caused by violations of its Mining Code. This includes damages due to the delay in being awarded the Mining License. Damages can be assessed by the net value of the asset, equal to the net value of future cash flows. It's worth taking into account, the following things when valuing damages relating to our project:

The value of the project in the absence of violations ie the non granting of the ML
The value of the project at the start date of the production
Increased processing capacity (4.5 Mtpa to 10 Mtpa)
Updated mineral resource (840MT of SC6)
Updated ore price forecasts (SC6, PLS, Tin)
Change in mine life
Updated BFS

Remember the Mining License wasn't granted because of the bullshit excuse (in violation of the mining code) that AVZ Minerals sought to enforce it's FROR and prevent the illegal and fraudulent sale of 15% of Cominiere's shares in Dathcom to Jin Cheng Mining.

I know a lot of shareholders are sick of waiting this out. I got my first shares in a company 1989. In 2011 I owned shares in 10 companies and by 2017 I was trading shares in 25 companies. The stock market isn't easy but sometimes you just have to let the process unfold and the main thing in my view is not devaluing AVZ just because it's in a corrupt country. Our management still have to approach the DRC in respectful way and through the courts of international arbitration
 
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If you want to chat to Nigel, Ben etc.. Then chat to them after the formalities.
If anyone here does attend and can post any relevant chat info or slide in my inbox that would be appreciated. I can't afford the time off work or to fly over to the west coast at the moment; and they obviously aren't doing anything online either.

Not expecting much, but any genuine insights outside of Geo's bullshit drop ins here would be fantastic!
 
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wombat74

Top 20
Couldn't agree more with this Azzler.

In my opinion only....

Do not expect answers at the AGM, other than well rehearsed standard responses.
Do not expect a return on your investment anytime soon, if you are in financial difficulty you need to look at alternative solutions now, if you haven't already.
Do not expect a miraculous deal to be made when the company is on the ropes. When funding is sorted, MAYBE discussion MIGHT continue.
Do not put any faith in the vague positive comments by people on here or elsewhere. This is a very dynamic time for the company and anyone saying they have a good handle on it is lying to us and themselves. This type of talk is reckless and damaging to those struggling at the moment.
Do not expect that everyone at the AGM has our best interests at heart. Any info revealed to you is also revealed to them. Keep this in mind when preparing questions asked of the BOD.

If you want to chat to Nigel, Ben etc.. Then chat to them after the formalities.
Are you saying deboss is lying ?
 
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Cumquat Cap

Regular
Go check deboss’ last tweet, he’s now omitted the comment about feeling bullish. Very calculated guy
 
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Jazz

Regular
Are you saying deboss is lying ?
No, and i have not seen his latest comments. I am talking in a general sense that a lot of people have been mislead and given false hope for years here, and it does nothing to help people when time after time nothing comes of it.
 
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wombat74

Top 20
Go check deboss’ last tweet, he’s now omitted the comment about feeling bullish. Very calculated guy
No mate it's still there .You can find it between the photo of the smoking hot Swedish chick with the front wedgie and the Latino with juicy lips and erect nipples . Or before the photo of hot Russian bent over a kitchen stove wearing a g string .
"The Company is on the cusp of some significant wins and breakthroughs."
 
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Frank

Top 20
Ah yes, but we have the world's largest, and purest, supply of undeveloped nothing. Able to supply the world's ever growing demand for nothing for decades to come...
1732499293117.png



1732499385814.png

 
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cruiser51

Top 20
MMMM Looks like the HC moderators weren't happy with h:poop::poop:ts promoting TSE continuously on HC and put him in the sin bin for a while. See h:poop::poop:ts with all those trophies the moderators thought you knew the rules and you thought they didn't apply to you.
Shit happens even to the best golfers from Cardwell. ;);)

I reckon the h:poop::poop:ts is due for a free beer at the AGM. 🤪
 
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cruiser51

Top 20
That's a surprisingly frank statement from a career diplomat.

Cheers
F
Truth often hurts mate, but soft doctors make stinking wounds.
 

Bray

Regular
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Azzler

Top 20
"The Company is on the cusp of some significant wins and breakthroughs."

This is so vague it could mean many things that don't nessesarily indicate a return on investment for shareholders.
Likely he is refering to getting funding as both the win and the breakthrough. I'd bet 9:1 odds that's all he's referring to.
But funding only means we aren't dead in the water by the end of the year, funding does not indicate we will ever get a return on investment.

But let me also state we currently are not funded yet.
So we're still, as of today, currently walking into the VA abyss.
 
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Hudnut

Regular
I'd like Nige's thoughts on ICC outcomes if DRC haven't paid arbitration fees. Do we have to cover them to get a decision? Does DRC get awarded against them? Does arbitration just stop dead?
 
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Spikerama

Regular
Guys just on a side note... Last week, in the spirit of Movember and the fight against prostate and testicular cancer, I booked in my first prostate examination.

Not really looking forward to it to be honest and I know some in here are even a bit older than me who may find it a bit off putting but don't worry, it's gonna be ok. The nice lady on the front desk explained that the doctor performs it digitally.

Thank fuck for computers eh?
 
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To Geo defence
Would rather have some hope offered than no news at all.
Or going through the courts then waiting 5 or more years for a possible payout.
Will know soon enough with AGM .
Mate. Have a think for a moment. Please.

Did you even read what you wrote?

Using your logic, I post "A deal's done for $1.50.
Complete BS.

But this will make you happy? Give you hope?

Really?
 
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Exo311

Emerged
Geo has historically been decent at giving hints of when something is brewing or announcements are in the works (except the most recent one). I can’t see why they would try to ruin their own credibility with their recent post hinting of auctions etc just to give us a little bit of hope?

But it does seem every year around AGM time, some “news”/ hopium or the fat tail shenanigans is about - not sure if only serving as a distraction. Not sure if that’s the purpose of geos post.

It sucks and I’ve been in this stock for so long. I just want to not have to check TSE daily for updates anymore and get out of this mess sooner rather than later.
 
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.
Hi all.

After today I'm retracting my post.
Sadly, I feel we're stuffed.

I firmly believed we'd get an announcement regarding funding prior to the AGM. Unfortunately it hasn't happened.

If I hear the term "due diligence " one more time......faaarken.

The only due diligence Locke need, is "DRC have reinstated our tenement etc..." It ain't happening.

An announcement on the weekend would have been great. It didn't happen. I can't see it happening either.

I definitely hope I'm wrong, but I don't think so.

If we were going to get a positive announcement prior to the AGM, it'd be today.

What an absolute cluster fuck.

I actually thought Deboss's departure was a good sign. You know, "We don't need you here Yianni as we're good to go."

Unfortunately I can see blood being spilt at the AGM (figuratively speaking of course).

I'm sick of broken promises, hints, wink winks and the like.

Again, "CLUSTER FUCK".
 
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PS. I believe we've been lied to time and again, particularly when the BOD were looking for more money from shareholders.

Shameful.
 
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