Are you saying Zijin will be 0% in the JV?EU already have in place tariffs on EVs from China .
USA most likely will follow suit withTrump and Musk .
US want to spend billions on Lobito Corridor.??
What is to stop Tanzania putting tariffs with US support preventing export from both Lobito and Tanzania Ports from materials in DRC once the corruption from DRC government is fully exposed.?
China shooting itself in the foot as with increased tariffs will not sell cars in EU and USA plus Western countries aligned with US.
Jumping for joy is certainly not a long judicial system but a resolution involving either Ko Bold or Rio as joint venture partners taking on China.
Hopefully information by the BOD will be known today on progress or further delays.
Thanks Dave for the very measured succinct assessment of the situation. I guess the BOD in not releasing the audited financials are playing the Chinese game and kickin the can down the road. Without the financials not possible for shareholders to assess the situation with regard to BOD renumeration and the possible 2nd strike . Tamoz the AGM and on the 2nd Mr Biden to visit so a lot of positives could happen before the Chinese can call an EGM re 2nd strikeNot 100% sure but here’s my thoughts. We currently have the maximum number of BOD members. We know the Chinese have wanted a spot on the BOD since Yibin first tried to get enough shares to do this but they were blocked by FIRB.
Yibin now hiding their shares under HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED-GSCO ECA.
I suspect that the other HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED group on the share register also holds shares for other Chinese companies. Then you’ve got Huayou and Lithium Plus holding another 6.14% and 5.21% of shares respectively and possibly enough combined to call an EGM sometime after the AGM and nominate for a position on the BOD if one becomes vacant.
Possibly they learnt from last year that their plans to roll our BOD weren’t as easy as they’d hoped and may be trying a different strategy.
What ever they are up to we know the Chinese actors involved have sought to undermine our BOD and take over our project through any means possible and no doubt nothing has changed. In fact Zijin once again ramped up their attempts to pull the wool over Manono locals today.
As far as the AGM, the company made several mentions regarding the Auditors Report and this will have a great deal of significance as I imagine it will contain details regarding expenses paid to DLA Piper and the arbitration cases as well as details of the Locke funding.
I suspect this is what corrupt actors working against us will try to use if there’s another attempt to roll our BOD.
Don’t be surprised if Locke has struck a tough deal, after all they are the ones supplying the litigation funding and the bad actors involved have done everything they can to scare them off and screw us.
I wouldn’t be surprised if Zijin’s lawyers (Fasken) have submitted thousands of pages of submissions to arbitration to drain our funds.
Remember we have been fighting a dozen or more bad actors since this started including those actors backed by major Chinese companies.
That’s about all I can think of ahead of the AGM, just wish I was going
There is no resolution on remuneration up for a vote, so second strike not possible (IMO)Thanks Dave for the very measured succinct assessment of the situation. I guess the BOD in not releasing the audited financials are playing the Chinese game and kickin the can down the road. Without the financials not possible for shareholders to assess the situation with regard to BOD renumeration and the possible 2nd strike . Tamoz the AGM and on the 2nd Mr Biden to visit so a lot of positives could happen before the Chinese can call an EGM re 2nd strike
No I am not saying that.Are you saying Zijin will be 0% in the JV?
Yes correct mate but i think they have the numbers to call an EGM re 2nd strikeThere is no resolution on remuneration up for a vote, so second strike not possible (IMO)
Thanks Dave for the very measured succinct assessment of the situation. I guess the BOD in not releasing the audited financials are playing the Chinese game and kickin the can down the road. Without the financials not possible for shareholders to assess the situation with regard to BOD renumeration and the possible 2nd strike . Tamoz the AGM and on the 2nd Mr Biden to visit so a lot of positives could happen before the Chinese can call an EGM re 2nd strike
dave your constant sound posting has brought me back from the stupidity I was once clouded by. Good on you mate thanks for your input here.I don’t think our BOD is playing any Chinese games or kicking any can down the road. I think our BOD is having to be careful with everything they do and the financials will be known at the time of the AGM.
Some people seem to constantly try and draw attention away from all the actors that have undermined our BOD.
Put them into groups and you’ve got boatman, omni bridgeway, deeland, media articles supporting Zijin by tommy, reuters, bloomberg, geopolis magazine, the tribune and other media sources in and outside the DRC, Zijin, Yibin, Huayou, Lithium Plus, Fat Tail, Alliance Advisors, more than 20 stooge trolls (on social media here and in the DRC), DRC govt and mining officials including Tshisekedi, Lukonde, Loando, MoM, MoP, Cominiere (Kibeya, Lisette Kabanga, David E’ngazi), Dathomir (Cong), CAMI (Mupande etc) and that’s nearly 50 just off the top of my head
Why do you think those listed above are trying to undermine our BOD, devalue our project and destroy our chance of getting fair value for our shares when most of them aren’t even shareholders
I’ve given my view point here many times, I don’t trust any of those actors listed above for reasons that should be obvious to all shareholders, that’s why I support our BOD
There is no resolution on remuneration up for a vote, so second strike not possible (IMO)
Remuneration votes are only a requirement at AGM’s for listed companies only. I thought management’s claim of wanting to be guided by the listing rules would mean they would make sure this still occurred. While it is a smart strategy for their interests not to be subject to this vote it is most likely the final nail in the coffin of us ever trading again and an insult to shareholders to take away the owner’s decision as to who runs our company imoYes correct mate but i think they have the numbers to call an EGM re 2nd strike
Max number on bod is 9 and we currently have 7Not 100% sure but here’s my thoughts. We currently have the maximum number of BOD members. We know the Chinese have wanted a spot on the BOD since Yibin first tried to get enough shares to do this but they were blocked by FIRB.
Yibin now hiding their shares under HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED-GSCO ECA.
I suspect that the other HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED group on the share register also holds shares for other Chinese companies. Then you’ve got Huayou and Lithium Plus holding another 6.14% and 5.21% of shares respectively and possibly enough combined to call an EGM sometime after the AGM and nominate for a position on the BOD if one becomes vacant.
Possibly they learnt from last year that their plans to roll our BOD weren’t as easy as they’d hoped and may be trying a different strategy.
What ever they are up to we know the Chinese actors involved have sought to undermine our BOD and take over our project through any means possible and no doubt nothing has changed. In fact Zijin once again ramped up their attempts to pull the wool over Manono locals today.
As far as the AGM, the company made several mentions regarding the Auditors Report and this will have a great deal of significance as I imagine it will contain details regarding expenses paid to DLA Piper and the arbitration cases as well as details of the Locke funding.
I suspect this is what corrupt actors working against us will try to use if there’s another attempt to roll our BOD.
Don’t be surprised if Locke has struck a tough deal, after all they are the ones supplying the litigation funding and the bad actors involved have done everything they can to scare them off and screw us.
I wouldn’t be surprised if Zijin’s lawyers (Fasken) have submitted thousands of pages of submissions to arbitration to drain our funds.
Remember we have been fighting a dozen or more bad actors since this started including those actors backed by major Chinese companies.
That’s about all I can think of ahead of the AGM, just wish I was going
Remuneration votes are only a requirement at AGM’s for listed companies only. I thought management’s claim of wanting to be guided by the listing rules would mean they would make sure this still occurred. While it is a smart strategy for their interests not to be subject to this vote it is most likely the final nail in the coffin of us ever trading again and an insult to shareholders to take away the owner’s decision as to who runs our company imo
Max number on bod is 9 and we currently have 7
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Fat tail own 57m shares. You can bet your arse they'll be there anyway so the people you trying to keep the info from will already know the info. imoOnce again I’d like to make a suggestion about distribution of the ‘notes and impressions’ gained from attending the AGM. The last thing we want is all that info that might be released, being publicly available to all those listed on @Dave Evans post from earlier today.
I suggest those who are willing, share it by PM with those they already talk with in private on the forum, and in turn those who receive it will also have a cluster to pass on to.
I’d be happy to distribute privately on request, to take some of the load off those doing the write-ups
My reasoning behind this is that the BOD may still not wish to have any information shared with the bunch of non holders, cunts and sundry fuckwits with loose lips
Again, completely over to those attending, but…..
Wadayathink?
Dave let's not forget CATL that 2 faced prick Mr PEI
Can’t see fatarse having a fulsome information sharing conversation over a beer with NigelFat tail own 57m shares. You can bet your arse they'll be there anyway so the people you trying to keep the info from will already know the info. imo
There’s no guarantee that any of our enemies would get on the board just because AVZ’s shareholders didn’t agree with how much management are paying themselves. In fact the current bod could all get back in after getting the message from the company’s owners that their remuneration is unacceptable. Taking that right to judge out of our hands especially when not telling us what the pay is at least 3 weeks before the agm as required under the corporations act is weak as fuck even in current circumstances imoThanks for that information Carlos. I understand your position on the other matter but unless you can get the bosses of either RIO or BHP to run for our BOD I think we are safer taking a strategic approach and I would expect there would be cuts to directors across the board.
We saw Fat Tail try and roll our BOD last year and then one of them put a value of $0.01c on our shares and then immediately acquired 57 million of them.
I’m sure there are shareholders out there who have no idea of the corruption that’s taken place (and is still taking place) against us. Would you risk letting them vote someone on the BOD who only values the shares at $0.01c or someone backed by the CCP.
Actually Carlos, treat that as a rhetorical question, you’re posts are often even longer than mine and you’re one of the shareholders whose views I respect. At this stage I’m just looking to wind down and see what happens at the AGM.
My only real point is who do I trust more, Nigel who has had to fight this corruption for the last two and half years, has as much on the line as any shareholder and has a working relationship with DLA Piper or a blow in