Dave Evans
Regular
I know the threat by the Chinese backed MMGA (aka Fat Tail) to overthrow our BOD was dealt with at our recent AGM, but I thought it would be a good idea that those involved had their own thread.
In early August, a large shareholder said he was approached by Leonard Math on behalf of Peter Huljich and others, to see if he was interested in gathering other large shareholders and backing them against the current BOD. If they could not get 5% for an EGM, they would nominate for BOD positions.
A meeting took place at Northbridge Chinese Restaurant in Perth on Sunday 6th August 2023 between Bin Guo, Leonard Math and a major shareholder acting on behalf of other large shareholders.
It was said Peter Huljich was not at the meeting as Leonard Math said he could not be seen in attendance because of a restraint of trade clause from when he departed AVZ.
The shareholder said he was told Simon Cong and Guy Loando were backing this along with certain Chinese companies, and that Peter Huljich and Leonard Math are acting as their front men. One key point was…. No Asian sounding names were to vote for an EGM as this would attract the interest of FIRB.
He said Bin Guo wanted to see some progress to free up shares for sale and is backing Huljich, Math and the other nominess. Yibin Tianyi and Lithium Plus were apparently involved in trying to out the current BOD.
It said that it was also made clear that, if Huljich and the other nominess got in, there was NO guarantee of them getting the mining license, even with the backing of Simon Cong. It was also said that Peter Huljich and Leonard Math were offered a large number of performance shares (millions) if they could get this across the line.
The major shareholder in attendance was also offered an incentive (to be discussed) if he could convince other significant holder's to back a new BOD.
In early August, a large shareholder said he was approached by Leonard Math on behalf of Peter Huljich and others, to see if he was interested in gathering other large shareholders and backing them against the current BOD. If they could not get 5% for an EGM, they would nominate for BOD positions.
A meeting took place at Northbridge Chinese Restaurant in Perth on Sunday 6th August 2023 between Bin Guo, Leonard Math and a major shareholder acting on behalf of other large shareholders.
It was said Peter Huljich was not at the meeting as Leonard Math said he could not be seen in attendance because of a restraint of trade clause from when he departed AVZ.
The shareholder said he was told Simon Cong and Guy Loando were backing this along with certain Chinese companies, and that Peter Huljich and Leonard Math are acting as their front men. One key point was…. No Asian sounding names were to vote for an EGM as this would attract the interest of FIRB.
He said Bin Guo wanted to see some progress to free up shares for sale and is backing Huljich, Math and the other nominess. Yibin Tianyi and Lithium Plus were apparently involved in trying to out the current BOD.
It said that it was also made clear that, if Huljich and the other nominess got in, there was NO guarantee of them getting the mining license, even with the backing of Simon Cong. It was also said that Peter Huljich and Leonard Math were offered a large number of performance shares (millions) if they could get this across the line.
The major shareholder in attendance was also offered an incentive (to be discussed) if he could convince other significant holder's to back a new BOD.
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