AVZ Discussion 2022

[Rediah]

We are all in the same boat (some lucky ones are on a yacht ), we have to work together and get through this, so thank you
@Roon, @BEISHA , @JAG , @Scoota30, @tonster66, and other unsung heroes for representing us yesterday .

Talking about boats/yacht and experiencing the Groundhog Day, there is a British movie, Triangle (2009) filmed in Gold Coast and it incorporates being on ship and stuck in a loop, a good watch as it represent our current situation.

Have a good weekend all of you, stay safe, I wont say "dont do what I wont be doing" thats means no drinking, so drink moderately, stay away from the powder of all sorts unless its AVZ's lithium.

 

[LOCKY82]

"Mr notgunnaworkhere" haha I must watch this

 

[antimatter]

One thing that perks my ears during yesterday AGM was that NF mentioned one of the core reasons for the additional drilling is to get the Proved and Probable Reserve to increase to 300Mt (from 93Mt in the DFS and currently sitting at ~132Mt), which leads to LoM of 30 years at 10Mt/Pa.

Doing a back of the envelop calculation from this info indicates a potential EPS of $0.70-$1.0 (@75% ownership) and the SP of $7-$15 at 10-15 PE ratio. This assumes 20% SC6 being used to produce PLS per the DFS. However, NF also mentioned that the aim is to produce more PLS as it makes more economical sense from revenue and shipping cost perspective. Hence, the EPS could be even higher.

I know there's a lot of frustration, but for me the reward for being patient way exceed any stress endure.

 

[j.l]

@BEISHA, thanks for asking all those questions on behalf of SHs. Much appreciated.

I congratulate you on the way you went about it too - it's not easy speaking in a situation like that. Questions asked with a respectful and measured tone, despite all the frustration.

Good job sir!

 

[DiscoDanNZ]

Jason needs one of these to help carry the load after yesterday

 

[wombat74]

Mate my take is ML within 6 months, 50/50.
Hope to hell I'm wrong, but I don't think I am.
They are making progress, but zero indication anything soon or even next 2 months is likely.
Bottom draw this otherwise its months of more pain.

Mate I don't have to put my shares in the bottom drawer . They have been in the bottom drawer 5 years and counting .

 

[John25]

How could i forget …28 Weeks today

But who’s counting

 

[BEISHA]

Hi All

I am on site, typing this on my phone, look the overall message I am getting is alot of the info provided by the agm was provided to the dudes that went to the RS.

Common theme is everyone went home thoroughly more confident than when they went in, from big hitters to small, either the BOD are the best actors of all time aka Jason Brewer ( a disgrace to all Jason's) or they are super focussed on getting to production and are super confident that their processes via tight documentation will eventually win over the corrupt scum.

It takes time to weed out generations of bad seeds, this is just another take I got.

I found Nigel to be not arrogant, was very receptive to questions (even tho I must of been a pest to him with the constant questioning ), found him to be stoic, assured, eye of the tiger , deep down pissed off this corrupt shit has thwarted AVZ progress, he mentioned to me that a plot to screw over AVZ was probably plsnned some 4 years ago, when the nasties realised that AVZ was over delivering , " being too good " was his words if I remember, this plot was enacted during the crisis of Covid.....very convenient.


So my message to all posters who are financially squeezed, mentally drained, @Azzler , I can't confirm if suspension will be lifted in December, only the inner sanctum might know that, but what I can say once again, all the heavy hitters I spoke to were adament that good things are coming.

So hang in there, be strong !!!

One thing I also remember too before I finish this post, was the CHIRO dude knew alot of the NZ posters going to the RS and instructed them to

Hence the silence.

Never a dull moment in AVZ land, the plot thickens.

Cheers

 

[Xerof]

NZ investment community is too small not to be respectful of information given in confidence.

Based on what you said Jason, (a collective, holding ~100Million shares between them) I wonder if the NZ attendees were all members of the ICA, or NZCA/ACA

 

[Roon]

NZ investment community is too small not to be respectful of information given in confidence.

Based on what you said Jason, (a collective, holding ~100Million shares between them) I wonder if the NZ attendees were all members of the ICA, or NZCA/ACA

The Kiwi AVZ Mafia

 

[Xerof]

The Kiwi AVZ Mafia

You toucha my shares, I smacka your face

 

[Samus]

Thought of the day, don't crucify me but I'm actually starting to wonder if we might have been better off to have continued trading through this ordeal. We're still in a position where we have the decree for the licence behind us and since many li stocks have reached new all time highs.
Management still confident of positive outcomes and despite rubbish from some bad actors the truth is also in circulation.
It's no riskier now than it's ever been.
I just wonder if seven months + in suspension isn't more damaging in the scheme of things.
Who's to know what the share price would be? May have done more damage to ourselves and favours to the shorters by getting dumped from the indexes.
Guess time will tell.
Hopefully not too much time as this could be yet more damaging imo.

 

[Xerof]

 

[Samus]

Might be better than having most of my wealth tied up for another 6+ months anyway. The wife will do worse before long.

 

[LOCKY82]

IMO, there was a concerted effort to have an all out short attack and take avz down completely. I'm not happy we still have to be in suspension bit I am definitely glad management took the steps to protect us and the company! Can you imagine the share price? It would be hammered, with shareholders getting rightly anxious will all the crap coming out of DRC, which would encourage bad actors even more, disinformation would increase tenfold until they buried us.
I do believe bod did what was best to protect our interests and took away the opportunity for corruption and shorters to have their way. IMO

 

[LOCKY82]

ML is obviously a huge de-risker

 

[wombat74]

Thought of the day, don't crucify me but I'm actually starting to wonder if we might have been better off to have continued trading through this ordeal. We're still in a position where we have the decree for the licence behind us and since many li stocks have reached new all time highs.
Management still confident of positive outcomes and despite rubbish from some bad actors the truth is also in circulation.
It's no riskier now than it's ever been.
I just wonder if seven months + in suspension isn't more damaging in the scheme of things.
Who's to know what the share price would be? May have done more damage to ourselves and favours to the shorters by getting dumped from the indexes.
Guess time will tell.
Hopefully not too much time as this could be yet more damaging imoell if

If the SP gets smashed backed to ten cents , wouldn't that leave us vulnerable to other potential problems?

 

[LOCKY82]

 

[Roon]

Thought of the day, don't crucify me but I'm actually starting to wonder if we might have been better off to have continued trading through this ordeal. We're still in a position where we have the decree for the licence behind us and since many li stocks have reached new all time highs.
Management still confident of positive outcomes and despite rubbish from some bad actors the truth is also in circulation.
It's no riskier now than it's ever been.
I just wonder if seven months + in suspension isn't more damaging in the scheme of things.
Who's to know what the share price would be? May have done more damage to ourselves and favours to the shorters by getting dumped from the indexes.
Guess time will tell.
Hopefully not too much time as this could be yet more damaging imo.

I agree. I think Management expected this voluntary suspension to be very short lived, pardon the pun. OK so they decided to drop the TH initially due to the 'orchestrated short selling campaign' dropping the price from 1.3 to .78 (which IMO was likely the result of a lot of shareholders being spooked by Management finally admitting we were facing multiple legal challenges and ownership disputes - which played into the hands of some shorters already planning a campaign, likely in cahoots with our enemies). They then shifted into the voluntary suspension to 'protect shareholder value'. I take that on reflection to have been a quick move to prevent trading just until the ML dropped - which according to the official announcement they expected to happen within the week.

However as we all know, this didn't eventuate. However again they'd already told the ASX they were in suspension now until they received clarity on our mining and exploration rights - namely our ML (and our new PE). So this had backed us into a corner, where we couldn't come out because the stated issue for which we went into voluntary suspension remained perpetually incomplete.

I believe management got blindsided by this 6 month continuation of drama, and couldn't get around it because of their unfounded initial belief that the ML was just around the corner.

It was a strategic misstep in my view, and a self-perpetuating problem that whilst preventing some elements of risk has opened us up to numerous others alongside immense reputational damage. I think they made a somewhat dubious play to prevent the slide - which may have worked if their initial timeline was accurate - and got outplayed by the Chinese-Corrupt DRC official cabal.

But now we've made that bed so must lie in it until ML comes or we go back to the ASX and say oopsy. Still may work in the long run, but also maybe not.

Long winded way to say that yes I agree we should've just let the winds of fate play out - after all, that's how the stock market works.

 

[LOCKY82]

If the SP gets smashed backed to ten cents , wouldn't that leave us vulnerable to other potential problems?

I believe so, and like it or not management know the extent of what these fucks are up to in country. Unfortunately we don't have all the parts of the puzzle and are presuming this and that. They're the ones dealing with the inner workings of all this so they should know the best course of action to take.