AVZ Discussion 2022

[Remark]

Yep, it's a coordinated attack alright. They're not getting any of my shares. Hold strong guys & gals. They really want Manono for a reason. Diamond hands and all that Twitter crap

 

[CeckRaiseFold]

My post from the 12/05 :
"Forgive me for bringing up the Take Over subject again . I know it's a touchy subject here. If in fact Zijin do have their grubby mitts
on 30 %, and we ditch the CATH 24% ,that will make it AVZ 60% Zijin 30% DRC 10% . Is anyone here sensing a low ball TO offer
by Zijin coming up . Say $1.50 ."

Never, you're confusing ownership of Dathcom with ownership of AVZ. A foreign take over of an Australian company particularly by a Chinese one will not be approved by FIRB

 

[JAG]

 

[JAG]

 

[Samus]

View attachment 7247

Got to love franck's language

Btw @JAG cut and pasted direct link from the browser address bar into the text box will display the tweet along with a direct twitter link to the conversation in question.
Bit better than HC.

 

[ptlas]

getting very bloody interesting all round

right now managements main agenda needs to be to protect that 24% until the government can give us a legal assurance in writing that we own 75%, and if they're smart then that's exactly why we're staying in a halt until June 1(could be a chance of saving us $20m).

it's clear we are getting attacked from every angle known to man, and seeing the lengths they've gone to thus far, I don't trust any of them, that includes CATL, and with CATL having links to Zijin and in direct talks with the government while we seem to be getting ignored(im sure we're not and its just a case of nothing can be said officially yet until they've worked out how it can be tackled), but yeah I don't like it

The DRC has crooks in almost every department it seems, then we have boatman who I'd suggest is working in collusion with another large Chinese/Hong-Kong fund who's shorting, and the report itself is probably from Zijin and Dathomir themselves who are conspiring with the fund to attack the SP. So Zijin/Dathomir make the report, they give it to the large said hedge fund who will make a short attack who will in turn pass it on to some other smaller player like Robertson or some other wannbe gangster who will release, and boom. What I don't like is how vulnerable we are right now with Huayou at the top of our register who lets say could come from behind with a knife, then we have Zijin coming from the left, Dathomir from the right, and knowing all the connections CATH could easily come from straight in front of us with a death blow who are already sitting at the top of the register as well, add to that all their easily bribed butt-boys in the DRC doing their bidding coming from the top with illegal "legal rulings" as has been seen in the kanagroo courts already. All these crooks are on the Chinese pay roll Im sure.

I'm sorry but CATH deal can't go through, unless we are willing to not cry poor if we end up with 36%, the chinese on AVZ board, and then a shitty takeover offer of AVZ once they've finished the short attack and they'll end up with the whole bloody lot, we are way too vulnerable in my eyes and it's time to put shields up(well that should of been done long ago, and perhaps was, we dont know everything). I mentioned similar previously more so as a laugh but also food for thought, but now I think fuk a duk, this attack is huge, this is war

Felix needs to come to the rescue asap, he cannot rely on the men in any department to protect justice on this, and we cannot sell 24% until we have legal assurances in writing that have been vetted over and over and over by multiple international lawyers, and even if we retain majority ownership then and Felix gets the boot then I can tell you now we will be wishing we let the Chinese on board, because good chance the other dodgey fucks will say it has to be state owned, then move the Chinese in, why? brown papers bags is why, there's just too many crooks and Felix needs to throw his weight around right now and start cleaning house pre-election before the crooks bring him down.

my gut feel, the DRC is just too corrupt for Felix to survive in 2023 unless he can quickly start to appease the masses quicker than he's done thus far and wipe out corruption asap, there's just too many crooks in high places.

If I was in charge(lol) of AVZ and I couldnt get an assurance in writing from the government by 1 June then I'd say CATH deals off due to the forces we are facing, just be straight up with them and give em the $20m if we have to, maybe Felix will then act when he see the relationships of AVZ and CATH deteriorate and in turn put a spanner in the works of his boasted battery hub dream. btw some asked before why nxt ann 1 june, well CATH money due then, another reason im dubious and a piece of me thinks 'have CATH delayed the money because they're part of this attack and it's all part of the plan, bit strange waiving of ML but still no cash'. The other thing is if we pull out of CATH deal, then Huayou and CATH could absolutely obliterate our SP with 500m shares or on the other hand as said then start buying more to get on the board and go down that alley, Idk they've got us pretty cornered if they're all in this together.

My conspiracy mind is taking over after what we've witnessed thus far

My biggest thought right now is Id get on the blower to Zijin and offer a $2 takeover if the gov cant give that assurance by 1st June(im convinced it was Zijin that gave us the lowball offer Nige alluded to, so maybe Zijin would be that cocky they'd knock back $2 TO and laugh at us, but surely we could get abt $1.80 absolute min from those cunning snakes.... then I'd personally say 'well done Nige, you did your bloody best mate, now gtfo of that country and go and retire and enjoy your $100m or so mate'. Noticed he resigned as a director of AJN 10 days ago while in suspension too, hmmm wow I'd love to know all the shit that has gone down in all this. Anyway, In saying all that wow would I love it if we come out on top of the Chinese and it's full stream ahead, but we'd need to do everything possible to win over as many locals, officials, politicians, and NGO's as possible before that election.

Im pretty sure with the markets the way they are atm and if no legal/government ruling on June 1st in our favour then 80-90% of us here would vote yes to a $2 TO? I would as it may start to become too consuming after that

Wake up everyone

WE ARE BEING SCREWED OVER

 

[Winenut]

Never, you're confusing ownership of Dathcom with ownership of AVZ. A foreign take over of an Australian company particularly by a Chinese one will not be approved by FIRB

I suspect the way any "takeover" would work is another entity (Zijin) would buy out AVZ's interest in Dathcom (which is the company that will hold the mining license and is not an Oz domiciled entity)

Whatever that % interest of AVZ in Dathcom is (75%, 66%, 51%???????????....who fkn knows)

FIRB nil involvement.....not their turf

Then I suspect AVZ would either keep that money and look for another resource (good luck finding another once in a lifetime Manono....)

OR

Distribute the proceeds to all the shareholders of AVZ, wind up the company, and everyone rides off into the sunset

We pocket a buck fiddy to 2 bucks and the DRC get's completely fkd over by Chinese interests, corruption continues to run rife and the Congolese population continue to suffer ongoing predation, pain and poverty

Great outcome....

 

[Samus]

Wake up everyone

WE ARE BEING SCREWED OVER

Best elaborate on that one a little bit @ptlas we're certainly under assault but not seeing much yet to come to any definitive conclusions.
Management fairly steadfast and confident going into this suspension, I've not seen anything yet suggesting it'll be any different coming out of it.

 

[wombat74]

Cantor Fitzgerald
"We view the claims challenging ownership interests as a distraction and expect them to be resolved in the near-term with no negative impact to AVZ. As such, we view the recent sell-off in the stock as a buying opportunity: We maintain our Speculative Buy rating and $1.00 target price."

 

[Winenut]

is that technically a bribe???

You want to be careful

Francks wife runs the Not for Profit school down the road....

Who audits those books after donation is made....

God this whole affair has turned me into a cynical prick

 

[CeckRaiseFold]

I suspect the way any "takeover" would work is another entity (Zijin) would buy out AVZ's interest in Dathcom (which is the company that will hold the mining license and is not an Oz domiciled entity)

Whatever that % interest of AVZ in Dathcom is (75%, 66%, 51%???????????....who fkn knows)

FIRB nil involvement.....not their turf

Then I suspect AVZ would either keep that money and look for another resource (good luck finding another once in a lifetime Manono....)

OR

Distribute the proceeds to all the shareholders of AVZ, wind up the company, and everyone rides off into the sunset

We pocket a buck fiddy to 2 bucks and the DRC get's completely fkd over by Chinese interests, corruption continues to run rife and the Congolese population continue to suffer ongoing predation, pain and poverty

Great outcome....

Interesting alternative outcome, never thought about that scenario. I doubt anyone would fork over $3bln+ to buy us out of Dathcom so the money could go to AVZ shareholders at a dollar a share and wrap up the company.

 

[Winenut]

Interesting alternative outcome, never thought about that scenario. I doubt anyone would fork over $3bln+ to buy us out of Dathcom so the money could go to AVZ shareholders at a dollar a share and wrap up the company.

Why not

You'd be buying complete control of the whole Manono resource

What's that worth over the next 40 years?

The purchaser wouldn't care less what AVZ did with the proceeds......purchaser wouldn't give a fuck

All they're interested in is the resource

 

[Samus]

is that technically a bribe???

You want to be careful

Francks wife runs the Not for Profit school down the road....

Who audits those books after donation is made....

God this whole affair has turned me into a cynical prick

Was thinking the same Wino, all starting to sound a bit like snacks particularly if it's linked to a certain outcome.
Not the greatest thing I've seen from Jens imo in light of how it can be perceived.

 

[CeckRaiseFold]

Why not

You'd be buying complete control of the whole Manono resource

What's that worth over the next 40 years?

The purchaser wouldn't care less what AVZ did with the proceeds......purchaser wouldn't give a fuck

All they're interested in is the resource

I guess so. If it is all in the too hard basket and likely to drag on and on and Nigel can do an amazing deal making all BoD members and many LTHs multi millionaires why not. In one of my earlier HC posts I mentioned my doubt about AVZ being of the required experience and caliber to transform from a geologist based explorer to a mining company. Selling with a mining licence in hand might be an attractive lucrative exit strategy for an explorer and many posters here.

 

[DiscoDanNZ]

Was thinking the same Wino, all starting to sound a bit like snacks particularly if it's linked to a certain outcome.
Not the greatest thing I've seen from Jens imo in light of how it can be perceived.

I think it's only classed as a bribe in the DRC if its spent on snacks, Franks house is going to look like the dessert bar at an 80's Pizza Hut

 

[JAG]

is that technically a bribe???

You want to be careful

Francks wife runs the Not for Profit school down the road....

Who audits those books after donation is made....

God this whole affair has turned me into a cynical prick

Nope

 

[DiscoDanNZ]

The mods must have locked themselves out of their accounts on the crapper, I can't believe this post is still up with the URL for here in the screen shot...

https://hotcrapper.com.au/threads/a...on-extension.6753925/page-51?post_id=61521874

Could be a handy link to get some more invites out I'm sure we are still missing people here.

 

[cruiser51]

Btw

I like it that CATH is still at arms length.
Nigel might have to keep them at arms length for an extended time and look for alternative funding.

I hope Nigel will never allow the Chinese to get a majority interest.

Zijin made it clear they wish to team up with their Chinese compatriots, well they have they hope 30%, but that is disputed.

AVZ has 60% and that is not disputed and 15% which is disputed.

Just keep on extending the Cath deal until such time the rest is indisputable 75%, the longer the delay, the higher the price.

For Dathcom to obtain the ML, they have to pay the surface rights.
Dathcom owners will have to reimburse Dathcom

 

[wombat74]

Post from PAZBOZ on that other site
"ICC arbitration was if mutual agreement was between AVZ Minerals and Zijin .
IMO this now would have changed to multiple parties involment.
DRC has publicly announced through a government enquiry that Comminiere another government department acted illegally in transferring shares to Zijin.
So will Zijin foolishly continue to seek arbitration in France or simply cut its losses .
Or go to France against DRC government plus AVZ minerals .
Jeopardising existing good will with other operating projects in the DRC.
IMO a withdrawal of arbitration in France will occur from Zijin and 15 % first right from Comminiere to AVZ minerals."
ALL IMO

 

[JAG]

HAHAHAHAHAHA.....Mr Langford is back for another crack....fucking twat!!!!