AVZ Discussion 2022

[Chilla]

No excuses for management to not deliver the quarterly in timely manner ... piss poor form from Nige Jan and Ben. They are going to have to sharpen up this year. Anyone who voted in favour of the remuneration resolution at the AGM give yourself an uppercut...they deserved a strike!

 

[Charbella]

No excuses for management to not deliver the quarterly in timely manner ... piss poor form from Nige Jan and Ben. They are going to have to sharpen up this year. Anyone who voted in favour of the remuneration resolution at the AGM give yourself an uppercut...they deserved a strike!

Well said. Given the current situation, this is the least they can do.

 

[Remark]

My son, once he who shall be the first Patron Saint of the Church of the Unfettered Pineapple, Nigel Ferguson, becomes Sainted you will still be welcome in our Church.

Bless you my son.

 

[cruiser51]

No excuses for management to not deliver the quarterly in timely manner ... piss poor form from Nige Jan and Ben. They are going to have to sharpen up this year. Anyone who voted in favour of the remuneration resolution at the AGM give yourself an uppercut...they deserved a strike!

Last year the quarterly was released at 4.49 AEDT....

31/01/2022

4:49 pm AEDT

Quarterly Activities/Appendix 5B Cash Flow Report

 

[Chilla]

Last year the quarterly was released at 4.49 AEDT....

31/01/2022

4:49 pm AEDT

Quarterly Activities/Appendix 5B Cash Flow Report

At least they are consistent in having piss poor form and being disrespectful to shareholders.

 

[wombat74]

31/10/2022

6:45 pm AEDT

Quarterly Activities/Appendix 5B Cash Flow Report

Long lunch + power nap . Yeh 6:45 pm seems about right .

 

[cruiser51]

At least they are consistent in having piss poor form and being disrespectful to shareholders.

AVZ's head office is in WA, there is a time difference between AWST and AEST of 3 hours.

Give these guys some time to eat their lunch for fuk sake.

 

[Doc]

Last year the quarterly was released at 4.49 AEDT....

31/01/2022

4:49 pm AEDT

Quarterly Activities/Appendix 5B Cash Flow Report

What do you blokes expect?? They have released an announcement today already!
Do you know how long it would take our TWO company secretaries to pull up the previous announcement, change the date, change the next due date and submit?
Honestly ffs! I’d expect them to be putting in an overtime invoice today just on that alone. Add the qtrly……

 

[Mickyb64]

AVZ's head office is in WA, there is a time difference between AWST and AEST of 3 hours.

Give these guys some time to eat their lunch for fuk sake.

Don't forget the Pina Coladas.

 

[cruiser51]

Don't forget the Pina Coladas.

And the skimpies!

 

[Winenut]

What do you blokes expect?? They have released an announcement today already!
Do you know how long it would take our TWO company secretaries to pull up the previous announcement, change the date, change the next due date and submit?
Honestly ffs! I’d expect them to be putting in an overtime invoice today just on that alone. Add the qtrly……

They could have copied and pasted the one I prepared!

 

[Thaz]

Quarterly is released ... ~12M spent in the Dec quarter.
36M in the kitty ... 3 quarters worth of run way if the current spend continues.

1.5M in staff/ wages costs ....and 2.4M in corporate costs ... Jesus.

This better be resolved soon ...

 

[Mr Clean]

Quarterly is released ... ~12M spent in the Dec quarter.
36M in the kitty ... 3 quarters worth of run way if the current spend continues.

1.5M in staff/ wages costs ....and 2.4M in corporate costs ... Jesus.

This better be resolved soon ...

Dangerously high spend considering the project has completely stalled. Very worrisome

 

[BRICK]

Dangerously high spend considering the project has completely stalled. Very worrisome

Well in their defence....Italy is expensive at Christmas

 

[Chilla]

They should have dropped that 5 min after the extension this morning….total disrespect for shareholders….their actions do not demonstrate any ‘regret’ unfortunately.

Lift your game Nige….the major update better being a fucking doozy.

 

[Charbella]

“AVZ confirms that it retains legal title to a 75% interest in Dathcom – the legal entity by which the Manono Project is held – and pre-emptive rights over 15% out of Cominiere’s 25% interest in the Project (noting that Cominiere must cede the other 10% of its 25% interest in the Project to the DRC Government as a condition of the award of the mining licence under the Dathcom Joint Venture Agreement (“Dathcom JVA”).

There you go, where is Cominiere’s 10%? They are left with only 5%! How are we going to satisfy this condition? Therein lies the problem.

 

[obe wan]

“AVZ confirms that it retains legal title to a 75% interest in Dathcom – the legal entity by which the Manono Project is held – and pre-emptive rights over 15% out of Cominiere’s 25% interest in the Project (noting that Cominiere must cede the other 10% of its 25% interest in the Project to the DRC Government as a condition of the award of the mining licence under the Dathcom Joint Venture Agreement (“Dathcom JVA”).

There you go, where is Cominiere’s 10%? They are left with only 5%! How are we going to satisfy this condition? Therein lies the problem.

Reshuffle and then overturn MoPs dumb ass plain as day corrupt decision.

Imo FT most likely doesn’t want to be overturning in power members of his governments decisions ; never a good look, like like you’ve failed to keep control.

A terminated bag egg ; well that’s something else

 

[Charbella]

That’s my bet too. Need to wait at minimum for a mmcs loose. That shit with zijin can take very long. After that the next problem is how can we sell 24% to get the money for the construction? When the Drc don’t accept it until the dathomir cases are finished? That’s why I think it’s nothing close. I believe not before mid of this year or maybe later. Zijin will not give anything back. And I think dathomir will do it the same way. So that shit talking of the bod anything soon is in my eyes just a tactical thing to get more time before some shareholders going completely crazy.

In my view the main issue is MMCS. The 15% to Zijin we never had it in the first place, we can afford to park it on the side and wait it out. As for Dathomir it can be resolved, they just want more money.

 

[JAG]

 

[wombat74]

Hey solo can you do one from the interview where Nigel says the ML , "Will Happen ."