AVZ Discussion 2022

Randenj

Regular
Is it April 10th yet???......
No but it is April 1 this week. Maybe the 1.5b was a leaked April Fool story ......... ??
 
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Stupid low ball shit but the tax outcome (whatever the sale price) will vary from holder to holder depending on how it's held, where it's held, personal circumstances, income levels, size of holdings (so resulting potential profit size), whether it's a share sale attracting CGT rules and possible 50% discount etc etc

But prima facie 67.5c is just fucking bullshit and I agree nowhere near commercial enough to get shareholder suppot
I was talking about the company tax on sale of the asset

I'm aware of the various personal tax implications

There has been some talk of DRC waiving it but that seems extremely unlikely given the constant accusations of speculation over the years and even if we sell through GLH (unlikely because of Dathcom shares being tied to AVZI under affiliated company rules in Dathcom JVA) or AVZI there will still be company tax payable to either Singapore or Australia imo
 
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ptlas

Regular
Jeeze feel like we are in a gangbang.

Getting fucked by everyone, even our own countrymen.

Just goes to show the significance of the resource.
It's all just games.
So now I'm down a rabbit hole on Royalties thanks to RIO and the Australian and a US Special Envoy :ROFLMAO::ROFLMAO::ROFLMAO:
More games.

Only believe what AVZ says.

The rest is just grifters grifting.
 
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ptlas

Regular
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Frank

Top 20
NF's inbox tomorrow.

pizza fire GIF
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j.l

Regular
$0.675 AUD per share + royalties.

Sounds like we get royally screwed, I really hope that's not true. I would rather go to court.

Is this RIO buttering up a lowball offer?

Maybe this is what RIO has put forward, but I really hope NF isn't entertaining this.
Maybe as compensation for the north.

Sounds a bit like what was mentioned around the time of the convertible note raise.
 
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Frank

Top 20
1.5bn. Don’t bother sending anyone to the DRC Nigel. You can tell them to get fucked just as well over the phone
My favorite fuck off memes!.png
 
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Winenut

TROLLS LIVE IN BASEMENTS WITH THEIR MUMS
I was talking about the company tax on sale of the asset

I'm aware of the various personal tax implications

There has been some talk of DRC waiving it but that seems extremely unlikely given the constant accusations of speculation over the years and even if we sell through GLH (unlikely because of Dathcom shares being tied to AVZI under affiliated company rules in Dathcom JVA) or AVZI there will still be company tax payable to either Singapore or Australia imo
Gotcha

Yeah saw it was 30% tax but wasn't sure if that was DRC tax, Oz Corp tax rate or a bit of an "average" for say a personal shareholder

Would like to see some tax relief in any deal but how that would be done (or could be done) I don't have a clue:rolleyes:
 
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Gotcha

Yeah saw it was 30% tax but wasn't sure if that was DRC tax, Oz Corp tax rate or a bit of an "average" for say a personal shareholder

Would like to see some tax relief in any deal but how that would be done (or could be done) I don't have a clue:rolleyes:
With or without the tax it's a joke

The article implies AVZ is at least entertaining this offer

Even at 0.67 there will be so many shareholders that suffer a loss. Sure a royalty could nullify that over time but Omni Bridgeway would be licking their lips if Cominiere and Dathomir cases aren't in one way or another resolved showing complete legal vindication for the bod. If this level of offer makes it to a vote then management would have to be confident that it is the absolute best they can do even if that means them facing a class action from holders who bought at a higher price with at what best can be described as incomplete information imo
 
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Charbella

Regular
Absolutely unacceptable—what an opportunist.
We proceed with both ICC and ICDIS from here. $3.50!!!They have no idea who they’re dealing with. AVZ shareholders are a whole different kettle of fish!
 
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PhatCatz

Regular
This sounds like a strategically leaked low ball offer with “AVZ board entertaining” spin as an added bonus. Buttering up shareholders to accept a slightly less bad offer of 75c and make out like it’s a great deal after getting shareholders to sit through the 5 stages of grief for the shit 67c offer. Just as the losing hope stage kicks in they’ll get for the throat of the 21k mum and dad investors and try to steal this with low ball crap offers.

Clearly abuse of power in negotiations by these snakes to use media to sway share holders. Hold strong and tell them to duck off. $6.75 per share minimum now.
 
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pow4ade

Regular
So now I'm down a rabbit hole on Royalties thanks to RIO and the Australian and a US Special Envoy :ROFLMAO::ROFLMAO::ROFLMAO:
Royalties are a rabbit hole well worth exploring. Clive Palmer once creamed the chinese for $400m pa for LOM lol.
 
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LOCKY82

Regular
All the shit we've been through and the poor bastards who bought in at all time high for one of the most important deposits in the world, they've shown their hands now, catl, kobold and now rio all wanting in, well whoever wants it the most will need to pay the most I'd imagine.
IMO
 
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PhatCatz

Regular
Maybe this is just Rio’s portion of a five party JV each paying 67.5c for a total value of $3.37 per share 😂

One can only hope!
 
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Bray

Regular
Fk all yall, $3 minimum or down with the ship we go
 
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