AVZ Discussion 2022

[Uglybob]

I think Trump has been a very useful idiot in this whole scenario. He's far from the shrewd negotiator which he claims himself to be. In fact it's well documented he'd be significantly richer if he'd put his daddy's money in bluechip stocks rather than building his empire. His complete lack of understanding of foreign economics has put the US in a quite desperate situation and that's where he's accidently come to our aid.

Zijin have never had reason to pay a fair price because the AVZ sale was an auction with only one bidder. They knew they could sit and wait it out without offering anything and they had all the time in the world. Now the US have come to the table, we have at least two interested parties. Now it's an actual event.

Hopefully Trumps desperation and negotiating skills will leads towards an acceptable outcome for holders, as long as they stroke his ego enough to keep his narcissistic side at bay.

 

[LOCKY82]

I don't think price conversations help any but I really can't see them hurting any either. Not like a deal of this size will be disrupted by a few extremely minor shareholders. Management has asked us not to attack/insult anyone though which probably can hurt us a great deal - if the idea is to project unity and align all parties but we have discord across social media.

I can't see people talking about price respectfully being an issue, and of course Kobold won't be deciding their offer based on random people's online price discussions. I'm sure everyone has a true price in their heads they would be happy with.
I don't think it's helpful or respectful these people online who are apparently "in the know" barking at people online to not speak about prices. We have been through the ringer and put our financial future on the line. Surely someone with 4 followers on x saying he would like $12 usd is not going to affect any outcome in anyway.

 

[Flight996]

No lol

That’s not the way company’s work

Not that we will get a vote as the requirement is a listing rule and not in AVZ’s constitution and we aren’t listed anymore

Hi Carlos

This issue of shareholder approval for selling the company's primary asset is interesting.

Noting that AVZ Minerals is no longer ASX listed, shareholder approval to sell PR13359 may/may not be required depending on what is written in the company's constitution. Unfortunately, the company's constitution is not a public document, and we shareholders have no automatic right to view it.

However, since AVZ was previously listed on the ASX where Listing Rule 11.2 governs the sale of a company's main assets...maybe that clause remains in the constitution. I don't know.

Cheers
F

 

[Xerof]

Hi Carlos

This issue of shareholder approval for selling the company's primary asset is interesting.

Noting that AVZ Minerals is no longer ASX listed, shareholder approval to sell PR13359 may/may not be required depending on what is written in the company's constitution. Unfortunately, the company's constitution is not a public document, and we shareholders have no automatic right to view it.

However, since AVZ was previously listed on the ASX where Listing Rule 11.2 governs the sale of a company's main assets...maybe that clause remains in the constitution. I don't know.

Cheers
F

Don't have time to look through it but....

https://static1.squarespace.com/sta...5968149853/AVZ+Constitution+November+2019.pdf

 

[Spikerama]

Nice to see affirmation of Seventeen. DRCs reputation will be in the latrine.

 

[Frank]

Sorry, but the only reason why AVZ is alive and kicking is due to our BOD!!

Without their hardwork and perserverance in obtaining Locke funding which forced Caths hand to provide better terms, then we would all be completely fucked.

Post Cath funding, the irony is that its been the ruthless , corrupt rebel forces intrusions in the DRC that has prompted the equally corrupt FT to put his tail between his legs , cap in hand and beg the US for protection in lieu of a critical mineral deal.

Music to Trumps ears , situations fell right in his lap and AVZs for that matter too, game changer.

Trump / Kobold is just a mere opportunist benefactor ..........nothing more.

imo

*Speaking of CATH,

https://x.com/Amovatio/status/1922646437185130765

*I'm Curious to see what CATH do about Kobold / US coming to our rescue at the 11th Hr.

China / Cath want / need Lithium, LOTS and LOTS of Lithium

Not to mention what they plan to do with the $6B

The Timing is Very interesting indeed

Let the Games begin

Talk about

 

[Doc]

*Speaking of CATH,

View attachment 84487

https://x.com/Amovatio/status/1922646437185130765

*I'm Curious to see what CATH do about Kobold coming to our rescue at the 11th Hr.

Not to mention what they plan to do with the $6B

The Timing is Very interesting indeed

Talk about

View attachment 84489

 

[webclever]

Ever since Kobold got involved with AVZ, Cominière has gone completely AWOL. Hopefully, we’re close to finally drying the ink on this saga, and everyone walks away with a fair value offer. Personally, I’d love to see Celestin and his crew do some jail time too — that would be the icing on the cake.

 

[BEISHA]

*Speaking of CATH,

View attachment 84487

https://x.com/Amovatio/status/1922646437185130765

*I'm Curious to see what CATH do about Kobold coming to our rescue at the 11th Hr.

Not to mention what they plan to do with the $6B

The Timing is Very interesting indeed

Talk about

View attachment 84489

HMMMMMM.........indeed.

But one question, where is the other 6b going to come from ?

 

[Frank]

Sorry, but the only reason why AVZ is alive and kicking is due to our BOD!!

Without their hardwork and perserverance in obtaining Locke funding which forced Caths hand to provide better terms, then we would all be completely fucked.

Post Cath funding, the irony is that its been the ruthless , corrupt rebel forces intrusion in the DRC that has prompted the equally corrupt FT to put his tail between his legs , cap in hand and beg the US for protection in lieu of a critical mineral deal.

Music to Trumps ears , situations fell right in his lap and AVZs for that matter too, game changer.

Trump / Kobold is just a mere opportunist benefactor ..........nothing more.

imo

Ditto Bro, I concur, Well said

https://x.com/robinlovemines/status/1922761468052643923

 

[BEISHA]

The only reason we needed funding is because the bod burned $70m in just two years while the company was suspended including paying themselves $1.5m a year

Incompetent financial management leading to a desperate deal doesn’t make them heroes imo

No arguments from me on that score ,never said our BOD were heroes, mistakes certainly have been made which i referenced many times in the past , but they have also done alot of things right too, the discovery of RD & CDL right thru to DFS / ML decree was first class and have kept us in the game when we needed them the most under extreme DAVID v GOLIATH circumstances.

Now AVZ hold all the cards, just need to play it wisely from here to obtain maximum benefit.........whatever that may be.

 

[Frank]

HMMMMMM.........indeed.

But one question, where is the other 6b going to come from ?

View attachment 84490

Hmmmmm

 

[BEISHA]

The problem with Trump is people are programmed to hate him without knowing why or because of misinformation, which makes him very polarising. I think Trump is a bully, boisterous and quite arrogant\flamboyant but he is the most effective leader of the 21st century and I cannot argue against his results or the commonsense policy he has put in (Doge is a brilliant way to dismantle deepstate - take away their funding, Tarriffs worked, he has just killed it with the Saudis and may yet bring peace to the middle east AGAIN, also he is very very antiwar).

PS: The list was released by DOJ in February.

Edit: Also https://www.afr.com/world/north-ame...nvestment-pledge-on-gulf-tour-20250514-p5lyyk

Trump and the Saudi crown prince signed an agreement covering energy, defence, mining and other areas.

" I think Trump is a bully, boisterous and quite arrogant\flamboyant"

Couldnt agree more , dont forget his other attributes either.......6 time bankrupt, convicted felon, mafia boss

but he is the most effective leader of the 21st century

As for the saudi deal , a good buddy of mine on this forum sent me this classic, hope he doesnt mind me sharing....

corruption at its finest....


Anyhoo, political persuasions put aside, if AVZ captures a good deal , who really gives a fuck ?

 

[Skar]

Ever since Kobold got involved with AVZ, Cominière has gone completely AWOL. Hopefully, we’re close to finally drying the ink on this saga, and everyone walks away with a fair value offer. Personally, I’d love to see Celestin and his crew do some jail time too — that would be the icing on the cake.

I actually like Kobolds pragmatic approach to solving the situation... Cominiere/AVZ JV was 25/75. Cominiere somehow split off half the project and somehow formed a 60/40 JV with Zijin. So Kobolds framework involves Cominiere keeping the north with Zijin (and you would expect they are therefore completely out of the south), we agree to pause legal action and transfer remaining commercial interests to Kobold in exchange for a fair value amount taking everything into consideration. Kobold will develop the asset with all haste and act as a test case for US investment, singing the praises of doing business in the DRC, how safe/strong the US/DRC partnership is and prosperous for all parties. The only sticking point for us is the fair value compensation (which we can speculate on but Nige has been negotiating for a while so likely we should be happy - we know, they know, everyone knows what the options are if its not).

So then the real question becomes... why oh why are some shareholders so keen to torpedo any deals that we don't know the details of, muddy the waters with accusations and uncomfortable questions (that politicians will obviously want to distance themselves from when we now want them to step in and ease the way forward) and generally just throw a wrench in the works against their own interests? Really it only benefits China.

Chill for a few weeks and lets wait for announcements... twitter wars and bringing attention to things, may not be in our best interest right now. You can always take up the fight later if you feel you can make a difference.

 

[Skar]

As for the saudi deal , a good buddy of mine on this forum sent me this classic, hope he doesnt mind me sharing....

I am ashamed to think how much of a bitch I would be for one trillion dollars.

corruption at its finest....

I initially thought that too... but then I thought oh wait a second he is entitled to it... essentially he just got the American TaxPayer out of paying for a new AirForce One. Aussie politicians bleed us dry, I could get behind some grey area deals if it saves us some tax and increases QOL.

Anyhoo, political persuasions put aside, if AVZ captures a good deal , who really gives a fuck ?

Bingo see my above post.

 

[Xerof]

why oh why are some shareholders so keen to torpedo any deals that we don't know the details of,

Probably because they are fucking sleeper trolls, now emerging to, as you say, fire torpedos. Some of these pricks were suspected early on, but have posted benignly until now......they know who they are, so do most of us

Be alert, the world needs more lerts

 

[Retrobyte]

I’d love to see Celestin and his crew do some jail time too

In El Salvador

 

[BEISHA]

As for the saudi deal , a good buddy of mine on this forum sent me this classic, hope he doesnt mind me sharing....

I am ashamed to think how much of a bitch I would be for one trillion dollars.


I initially thought that too... but then I thought oh wait a second he is entitled to it... essentially he just got the American TaxPayer out of paying for a new AirForce One. Aussie politicians bleed us dry, I could get behind some grey area deals if it saves us some tax and increases QOL.


Bingo see my above post.

Hey Skar

Not having a dig mate, just so you know, just providing a slant from my side of the coin, i learnt early on that political debate is a thorny issue on this forum, which is why i opened up a political thread for those that wish to chew the fat in more detail.

Happy to oblige you there, but will not dicuss further here.

Its all about AVZ and the never ending story which we all hope, reaches its conclusion some time this year.

Bring on the ISCID arbitration.........or

Which will it be ?

 

[Skar]

Hey Skar

Not having a dig mate, just so you know, just providing a slant from my side of the coin, i learnt early on that political debate is a thorny issue on this forum, which is why i opened up a political thread for those that wish to chew the fat in more detail.

Happy to oblige you there, but will not dicuss further here.

Its all about AVZ and the never ending story which we all hope, reaches its conclusion some time this year.

Bring on the ISCID arbitration.........or

View attachment 84504

Which will it be ?

For sure, funny how the two intersect... getting back on point my connection was more along the lines of DRC wanting strategic partnership minerals for security, Suadis wanting to diversify out of oil a bit and US now having a trillion dollar investment deal with them, of which mining seems to be scoped in. I was mentally checked out of this investment... the Kobold saga has drawn me back in, need to go back to sleep.

 

[Dave Evans]

Just to add to what @Carlos Danger said, I believe the US previously said they were putting sanctions on CATL for supplying critical minerals to China’s military

The other comments I’ve been holding onto and struggling not to put out there are that from all the information put out by KoBold, Bloomberg, Reuters, The Australian and nearly every other media source and announcement I’ve read, I wouldn’t be surprised if

1) AVZ has already stuck the deal with KoBold

2) They’re waiting for the fat fuckwit to say he will grant the ML to KoBold (and he’s waiting for AVZ to drop arbitration)

3) As posted (then deleted) in The Australian newspaper…. KoBold offering US$1.5b plus royalties plus compensation for the north. I believe The Australian was the first media source to mention that Zijin keep the north

4) US$1.5b = AU$2.3b which I believe was roughly what was thrown around at the last AGM. That equates to around AU$0.66c a share. Perhaps this is why Jens is throwing low-ball posts out on X.

I’d be filthy if this was the case. Royalties from KoBold would have to more than match fair value given its future earnings, and compensation for the north would have to be at least US$1.5b on top of the other offers.

We know when AVZ challenged Jin Cheng’s purchase of 15% of Dathcom in the ICC, Zijin themselves put a value on our project of US$5.6b. That’s AU$2.45 per share and that’s before the resource increased by 47% to 842Mt.

And any compensation for the north would have to come originally from Zijin and would have to be guaranteed because we know they are corrupt liars.

As far as KoBold goes, we know they’re not miners so I’m expecting they will form a joint venture with Rio Tinto.

Thats why I believe shareholders shouldn’t accept any low-ball offers. The DRC are desperate for security against Rwanda backed M23 rebels, KoBold is desperate for Manono and the US is desperate for DRC critical minerals. The only ones who shouldn’t be desperate now are us, we’ve waited three years for this ICSID case to start and now we’re only 18 days away

I know others might disagree, the above may just be a starting point and are just my opinions based on what I’ve read, the fact I don’t have 53million shares and wouldn’t accept any low-ball takeover offers

After reading a lot of comments here today I thought I’d add a few more to my previous post.

Firstly, all the comments about what a fair takeover offer might be, stem basically from two things.

1) KoBold have spent the last 5 months talking themselves up but to this day have never commented on the size, grade and value of what’s contained in our project.

Basically when they refer to AVZ all they say is the project is being disputed, and what you can draw from both those things is that they are in no way acknowledging the value of the project. They also like to add in the perception of risk, which I’ll address later in this post.

2) The second reason comments about offers have been made is because we all know the commercial value of the project and yet it appears to be getting undervalued by shareholders who have been historically close to Nigel.

The only price that was publicly mentioned was the price put out in The Australian article (which disappeared as quick as the public statement by KoBold that they had taken us over).

A brief look at the Australian will show you it’s owned by Rupert Murdoch (who controls major Trump supporter Fox News and other outlets including The Wall Street Journal).

Rupert Murdoch is also linked to Michael Bloomberg (Partner and Shareholder in KoBold) through their involvement in the Partnership for a New American Economy. Bloomberg and Murdoch, along with other CEOs, formed this partnership. So something to consider when mentioning the article in The Australian.

I would also say that shareholders have played a far greater part than the BOD in keeping AVZ in the fight against our enemies, with the exception of Nigel.

It was the information provided by shareholders here and on the other social media platforms that formed the major fight against the stooges and the large Chinese shareholders that tried to roll the BOD at the 2023 AGM. For this reason alone shareholders have every right to have their say on price and other things related to their investment.

Now when it comes to KoBold talking about risk, part of any takeover by them would include a ML being signed off so take that one out. The US has also made clear that other risks around changing mining laws, transparency, corruption etc will not be tolerated by the US.

Trump is desperate for critical minerals. He knows if he doesn’t get them from Africa, China will. He threatened Ukraine with withdrawing military support if Ukraine didn’t do a critical minerals deal with the US, and that was all it took for them to comply.

He has shown he wants the DRC’s minerals too as evidenced by Erik Prince’s military involvement providing security and has an agreement to provide US$6 billion worth of infrastructure funding around the Lobito Corridor.

What hasn’t been seen is any sign of actually supporting allies including us. Remember, the US and KoBold were nowhere to be seen when we needed litigation funding, it was only after CATH gave us $20 million for litigation and offered us an option of purchasing shares in a process plant built and paid for by them on top of them paying to develop the project.