AVZ Discussion 2022

[Xerof]

Whats happened to Shane?

Ah, thats where he’s been - crawling up ASIC’s arse with all his matrix documentation

 

[Doc]

I think the issue is around not disclosing to the market the legal action taking place in DRC. Not the rights of the project. ASIC should not have made a move until the situation was resolved, they have just royally F'd us all over.

Class Action, Probity.... it all just feels like someone trying to apply leverage, timing too suspect.

Not sure what a class action can achieve. Nigel has to sell his house?AVZ has no money, no commercially acceptable offers, no real assets ( according to the detractors ) so how would people involved get any more money then a few cents each and possibly ruin any chance on a return on their investment?
What happens if Nigel and BoD just up and fucks off? Doubt there would be too many putting their hand up for Nigels job right now

 

[wombat74]

Not sure what a class action can achieve. Nigel has to sell his house?AVZ has no money, no commercially acceptable offers, no real assets ( according to the detractors ) so how would people involved get any more money then a few cents each and possibly ruin any chance on a return on their investment?
What happens if Nigel and BoD just up and fucks off? Doubt there would be too many putting their hand up for Nigels job right now

Good questions for Nigel at the AGM . How about that timing .

 

[Doc]

Good questions for Nigel at the AGM . How about that timing .

Guessing Deboss wont have any party poppers this year..........

 

[Samus]

Not sure what a class action can achieve. Nigel has to sell his house?AVZ has no money, no commercially acceptable offers, no real assets ( according to the detractors ) so how would people involved get any more money then a few cents each and possibly ruin any chance on a return on their investment?
What happens if Nigel and BoD just up and fucks off? Doubt there would be too many putting their hand up for Nigels job right now

I guess a class action could potentially cut in to any eventual profit, essentially taken from us and given out to a few disgruntled shareholders and a huge chunk to the parasites of Omni Bridgeway. Fuckers.

 

[wombat74]

SH @Talks from the Crapper

But investors decided not to take
Class action never got any support
All of the sudden asic wants to slap the directors
But the drc issued decree for mining licence before
Trading halt
So company believed until then that ML would have followed

non sense asic I can smell Chinese perfume here

 

[Carlos Danger]

Hey ASIC. The SPA’s were completed. Looks like I need to add you dipshits to the list of idiots that don’t understand how contracts work lmao

 

[Carlos Danger]

Hey ASIC. The SPA’s were completed. Looks like I need to add you dipshits to the list of idiots that don’t understand how contracts work lmao

View attachment 92922

Probably nothing

 

[Flekman11]

Probably nothing
View attachment 92923

Probably nothing
View attachment 92923

Bang on.

 

[Flight996]

AVZ announcement out

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6912e76a796da45f9fb5ca12/1762846570253/20251111+AVZ+announcement+-+ASIC+Proceedings+Final.pdf

Cheers
F

 

[GuruDukun]

Hey ASIC. The SPA’s were completed. Looks like I need to add you dipshits to the list of idiots that don’t understand how contracts work lmao

View attachment 92922

That was my initial thinking of the documents they brought.

 

[P911]

AVZ announcement out

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6912e76a796da45f9fb5ca12/1762846570253/20251111+AVZ+announcement+-+ASIC+Proceedings+Final.pdf

Cheers
F

Typical short sweet reply from AVZ.

 

[Xerof]

Typical short sweet reply from AVZ.

Y

 

[Flekman11]

Hey ASIC. The SPA’s were completed. Looks like I need to add you dipshits to the list of idiots that don’t understand how contracts work lmao

View attachment 92922

Only issue is ASIC don’t give 2 fucks about ICC and arbitration law. They’re going the directors for non disclosure, to which I guess the directors will argue it’s immaterial as usual. Hard one.

Annoyingly, every chance ASIC has used somewhat confidential info from the ICC tribunal to compile this.

It’s impossible to know whose pulling what strings anymore.

 

[Sangster]

I guess one question though is, how will this development impact upon any discussions or negotiations thats are being had with external parties that may be interested in purchasing AVZs interest in Manono.

Surely it will have some level of implications for any potential sale - beyond how our gleeful opposition will undoubtedly portray this, that is.

Every time things appear like there may be a glimmer of hope, then another negative bombshell hits.

Wouldn't mind getting off of this ride!

I don't see how this could affect our ownership of Dathcom and rights to the Manono deposit but I wonder how further legal disputes may affect our funding agreement with Mr Pei.

 

[Wingy]

Hey ASIC. The SPA’s were completed. Looks like I need to add you dipshits to the list of idiots that don’t understand how contracts work lmao

View attachment 92922

Didn't the court agree that AVZ own 75%

 

[Flekman11]

Didn't the court agree that AVZ own 75%

Yeah the ICC did. But ASIC isn’t about ownership. They actually do, unfortunately have some valid points though.

Having said that, it is really just another attempt by someone to push the regulatory authorities to some sort of action. Slap on the wrist shit really for Nige and co.

You know all you need to know from those that published and spread the word with high fives within 30 mins of each other. Same old same old.

 

[Dazmac66]

 

[Carlos Danger]

Only issue is ASIC don’t give 2 fucks about ICC and arbitration law. They’re going the directors for non disclosure, to which I guess the directors will argue it’s immaterial as usual. Hard one.

Annoyingly, every chance ASIC has used somewhat confidential info from the ICC tribunal to compile this.

It’s impossible to know whose pulling what strings anymore.

Didn't the court agree that AVZ own 75%

I've never seen the SPA's. But I know for a fact that Article 2.1 of the SPA's and Cong's notary deeds says that this is gringo bullshit imo