AVZ Discussion 2022

[wombat74]

Exactly mate. I think they are priming for a takeover, hence the four rigs running.. proving even bigger resource.

My thinking is that in the event the ML is not forthcoming we will sell what we have / bought out by the Chinese . So makes sense to drill the sh1t out of it while we wait and add as much value as we can . This could be plan B imo .

 

[whales]

I wouldn't trust anything that bloke says. Been guilty of stirring shit on HC before. Non holder and confessed drama spectator looking to play with people's emotions IMO.

Having said that, I wish we had some better comms from the BOD.

At the moment we can read this a few ways.

1) We are farked. Nothing is happening. We'll run of of funds, get delisted, Felix will lose the election, MoP doesn't go anywhere, CAMI doesn't release the fees for the whole PE that we want to pay to get the ML, MMCS ICC doesn't get resolved and Cominiere doesn't own 5% to give to the DRC. Personally I don't think it will get to that before a Plan B to salvage something from the wreckage.

2) All is sweetness and light. MMCS gets the arse. MoP goes with them. CAMI calcs the fees. We get the ML. Out of suspension. Rocketships, whales and $10 TO or GTFO.

3) Somewhere inbetween. MoP may or may not go. CAMI may stick with only calcing the fees for RD. MMCS ICC case may drag. In that event we MAY decide to forego a portion to get the majority and an ML. Possibly an adjustment to CATH percentage etc.

Q1: Why doesn't the BoD tell us status and most likely option? Either they don't know yet because of the usual DRC go-slow and shitfuckery and are adjusting course as they encounter things, don't GAF about letting us know, or a combination.

Q2: Why keep steaming on with drilling, building and other expenditure?
- Because slowing down might also mean a haircut on BoD salaries

- Because slowing down might demonstrate lack of confidence in an "imminent" solution to both DRC and SHs (though they could just fucking tell us how confident they still are and why. I'm not fluent in nods and winks).

- Because the delay in the ML is delaying us enough, and we want to keep moving. I'd like to know how much cash is going towards "long lead items", and not just buildings etc. Are we still doing that because we are still confident, or have we stopped?

- There may be some discussions with CATH re: their expectations for us to continue for them to keep extending.

- The BoD may actually be in possession of good info that we don't have, and they aren't sharing it for some unknown reason. And that reason better be bloody good.

I'm not saying it's all rainbows and unicorns, but not much has changed since a week ago as far as possible ways this pans out. Every time we have an extension the trolls come out to fuck with people's heads and emotions. Don't let them. Yes, I'll lose a metric shit-ton of money if this goes South or we get delisted, but I'll be fucked if I'll let some dickheads on HC make me jump out of a window because they claim they "spoke to the company" or got an email devaluing AVZ shares and itself might be just more trolling crap.

The only delay is Mupande.
He is responsible in issuing the surface rights.
13359 being split by this character and CAMI.
Is he protected ? A law unto his Own?
It would seem so as has not been removed from his position .
That's why take him to court again in DRC or ICC

 

[Carlos Danger]

My thinking is that in the event the ML is not forthcoming we will sell what we have / bought out by the Chinese . So makes sense to drill the sh1t out of it while we wait and add as much value as we can . This could be plan B imo .

From memory Nigel said something about it being for pit design in the area that was previously flooded which is most likely where the digging will start. But I reckon you're right that the main intention of continuing to drill with the licence uncertainty is about maximising project value.

 

[Carlos Danger]

The only delay is Mupande.
He is responsible in issuing the surface rights.
13359 being split by this character and CAMI.
Is he protected ? A law unto his Own?
It would seem so as has not been removed from his position .
That's why take him to court again in DRC or ICC

13359 was split with AVZ management's approval. Original sin of the suspension imo

Mupande has been fired by two different presidents and a replacement has been named. Even Kabila couldn't get rid of him. If there was a nuclear strike on Kinshasa the only things that would remain are cockroaches, twinkies and Mupande.

Clearly the court in the DRC has no power to compel CAMI to act. Neither does the government. It's a loophole that can only be fixed with new legislation.

 

[Mickyb64]

I went and had a read on HC

I feel a little more dead inside after the experience

Don't go there nut, each visit takes years off your life.

 

[wombat74]

Q 1 : Does anyone have an idea on what the increase in resource size might be after assays are calculated from current drilling .
? Are we looking at 500 mt + ?

Q 2 : Without a ML but with 50% minimum ownership what's a realistic sale price and or offer ?

Even are enemies are not disputing we hold 50% +

 

[BRICK]

Had a look at this on HC this morning, no comment on this particular post ; but interesting address on his earnest brokers email I think....Earnest Brokers using an gmail address....’earnest brokers’ anyone even hear of these guys...i only know of ‘earnest insurance brokers’ which doesn't deal in equities....theres earnest broking and financial services out if India .

Earnest in this email say they ain't expecting AVZ to be out of suspension till q3 24 / q2 25....surely a company buying shares off market would be aware that such information is incorrect / misinformation as the stock would actually be delisted by that timeline.....a Gmail address to boot...surely not

Also he's responded to the post at 10.21pm where he says he spoke to the company ‘tonight’, he provides a call log which states ‘yesterday 17.21’ incoming ( so obviously didn't call them ‘tonight’) from number 08 61867612.....i ran that number, obviously at this time there would be no one there, but this one keeps ringing ; avzs number which is 08 61867600 ( similar number apart from 2 digids ) diverts after hours, but the number he provides just keeps ringing.....

All a bit suss



View attachment 28390

Spelling mistake of trench as well

 

[Carlos Danger]

In his speech at the Palais de la Nation, the Pope @Pontifex_fr insists on transparent, inclusive and credible elections. It condemns corruption, manipulation of laws and information. He calls for social justice and investing in good education.

 

[TheCount]

So, let's break this down a bit:-

ASX Trading volumes

Explains what data is distributed by the ASX.

To save you a little time, there is a line in there that clearly says:-

"Monthly trading volumes include all trades occurring within a particular month, including those conducted off-market."

So, does that mean when I download the ASX activity from my Commsec account and AVZ doesn't show (as we're in suspension) that there has been zero activity - on or off-market?

Note: AVZ has not been in the daily download since May 2022 and John25 may correct me here, but isn't that 37 weeks ago?

If these so-called off-market buyers had bought shares, wouldn't it show up?

Asking for a friend.
TC.

 

[John25]

L

Looks like the pope is flying Economy.

Looks like Pope saying to lady ..Excuse me but that is my fucking seat”

 

[John25]

So, let's break this down a bit:-

ASX Trading volumes

Explains what data is distributed by the ASX.

To save you a little time, there is a line in there that clearly says:-

"Monthly trading volumes include all trades occurring within a particular month, including those conducted off-market."

So, does that mean when I download the ASX activity from my Commsec account and AVZ doesn't show (as we're in suspension) that there has been zero activity - on or off-market?

Note: AVZ has not been in the daily download since May 2022 and John25 may correct me here, but isn't that 37 weeks ago?

If these so-called off-market buyers had bought shares, wouldn't it show up?

Asking for a friend.
TC.

Think its 39 weeks this Friday TC

 

[Carlos Danger]

So, let's break this down a bit:-

ASX Trading volumes

Explains what data is distributed by the ASX.

To save you a little time, there is a line in there that clearly says:-

"Monthly trading volumes include all trades occurring within a particular month, including those conducted off-market."

So, does that mean when I download the ASX activity from my Commsec account and AVZ doesn't show (as we're in suspension) that there has been zero activity - on or off-market?

Note: AVZ has not been in the daily download since May 2022 and John25 may correct me here, but isn't that 37 weeks ago?

If these so-called off-market buyers had bought shares, wouldn't it show up?

Asking for a friend.
TC.

There have definitely been some cross trades occurring in suspension. Screenshots have been posted here of the larger ones. I would assume this data is given to AVZ like normal as they need to keep the register at head office up to date even when not trading.

 

[Winenut]

So, let's break this down a bit:-

ASX Trading volumes

Explains what data is distributed by the ASX.

To save you a little time, there is a line in there that clearly says:-

"Monthly trading volumes include all trades occurring within a particular month, including those conducted off-market."

So, does that mean when I download the ASX activity from my Commsec account and AVZ doesn't show (as we're in suspension) that there has been zero activity - on or off-market?

Note: AVZ has not been in the daily download since May 2022 and John25 may correct me here, but isn't that 37 weeks ago?

If these so-called off-market buyers had bought shares, wouldn't it show up?

Asking for a friend.
TC.

I'm not 100% sure but I don't think the off-market trades are (or can be) conducted through the ASX due to the suspended status

Not sure what market they are conducted through but again......not through the ASX

Hence they wouldn't appear on the ASX Trading Volumes reports

Happy to be corrected

 

[John25]

View attachment 28402

Looks like the MAFIA trying to muscle in now “I maka an offer you can’t refuse “

 

[TheCount]

There have definitely been some cross trades occurring in suspension. Screenshots have been posted here of the larger ones. I would assume this data is given to AVZ like normal as they need to keep the register at head office up to date even when not trading.

Thanks CD.

Where are these screenshots? - I'd like to dig some more... With all the false info floating around, particularly with the new screenshots on HC, I reckon there's going to be some holes...

Cheers.
TC.

 

[Carlos Danger]

Thanks CD.

Where are these screenshots? - I'd like to dig some more... With all the false info floating around, particularly with the new screenshots on HC, I reckon there's going to be some holes...

Cheers.
TC.

I'll try and find them. The posts were around Octoberish from memory.

 

[TheCount]

I'll try and find them. The posts were around Octoberish from memory.

Thanks CD - don't waste your time on it please. Just let me know where the info popped up (here or HC for example) and I'll do the digging.

Cheers.
TC.

 

[cruiser51]

Q 1 : Does anyone have an idea on what the increase in resource size might be after assays are calculated from current drilling .
? Are we looking at 500 mt + ?

Q 2 : Without a ML but with 50% minimum ownership what's a realistic sale price ?

Even are enemies are not disputing we hold 50% +

The original pit design in the DFS was based on the results of the drilling available up to 2020.
The 2022 and this year's drilling is being carried out to determine the real pit design.

If you look at page 4 of the quarterly report, one could say that 500 Mt could well be a pretty conservative guesstimation.
Have also a look at he DFS and the original boundaries of the pit.
I think it is better to wait for the official announcement to avoid big mistakes.

Cost.....
Think about CXO selling 1.4% Li2O DSO for ~US$950/T lately and you will need a calculator with lots of zeros, or an abacus he size of a Woolies carpark.
Think more along Nuts US$10

And don't forget the fukkin tin!

 

[TDITD]

Just a reminder from a previous post , I (wombat74) also spoke to Head Office very recently and was told a "Decision" on the ML was close. And that's 100% fact .

very true, they have been close since 2021

 

[Misfits]