AVZ Discussion 2022

[John25]

Where’s your fucking tie Nigel

All fixed …ready to impress

 

[Carlos Danger]

With MMCS losing their case, and Jin Cheng/Zijin presumably about to get kicked out on jurisdiction, that just leaves Cong to be erased and then the slate is clean.

 

[Winenut]

CXO didnt (those shitters!!!!) and LLI/DLI did well otherwise I got fairly hosed today too. Everything seems kinda all over the place right now, I am leaning more towards throwing money at micro micro cap lit explorers that cant go lower but will do well if they find anything... stuff drilling with sub 20m market caps.

What else are you in?

What else am I in????

Fuck me between myself and the good wife we're in Blue Chips, Start ups, Financials, Mining Co's, Tech stocks, Green plays, Banks, Dividend Streams, Blue Sky memory storage, hedge funds, property......

 

[CashKing]

What else am I in????

Fuck me between myself and the good wife we're in Blue Chips, Start ups, Financials, Mining Co's, Tech stocks, Green plays, Banks, Dividend Streams, Blue Sky memory storage, hedge funds, property......

View attachment 42146

Have you even thought about investing in a local lawn mowing round ?

CXO has fucked me, AVZ is politely fucking me over the years… LRS my fault fucked me.

I’m investing in whore house now mate fucking YOLO….

Seems legit everyone gets fucked but actually gets paid

GLTAH

 

[Winenut]

Have you even thought about investing in a local lawn mowing round ?

CXO has fucked me, AVZ is politely fucking me over the years… LRS my fault fucked me.

I’m investing in whore house now mate fucking YOLO….

Seems legit everyone gets fucked but actually gets paid

GLTAH

"Have you even thought about investing in a local lawn mowing round ?"

Yeah

But it didn't cut it.....

 

[Rediah]

Smiling like a Cheshire cat. Nice to see
View attachment 42083

Saw it on other forum

Same same but different, hopefully happy ending for all.

 

[TDITD]

Saw it on other forum

Same same but different, hopefully happy ending for all.


View attachment 42153
View attachment 42152

Very apt, It has been like that the last few years.

Now Nigel whips out a much much bigger one, it's called ICSID

 

[Rediah]

Very apt, It has been like that the last few years.

Now Nigel whips out a much much bigger one, it's called ICSID

I still think he can pull it out (off) , and it will be the biggest fight of his (entire team's) life.

Not sure its too early to say, but start to believe when he said at RS that HE is the dog with the bone.

Its no small feet fighting the whole corrupt mafia there, so jokes aside, he deserves all the backing and praises even when we dont hear from the BoD for weeks/months.

 

[j.l]

View attachment 42147

Dammit! I was almost enthusiastic for a moment there.
Thanks @Carlos Danger Judge Dredd

 

[Lichione]

Dammit! I was almost enthusiastic for a moment there.
Thanks @Carlos Danger Judge Dredd

If this round z lost, they don't even have the chance to go into next round , game over. From my reading and wish

 

[Skar]

Speaking of poor old CORE, Market Darling to Disaster, One Day a Rooster, the Next a Feather Duster, I see where,

Carmakers spur Gigafactory construction to feed demand​

It’s all about the factories.

Gigafactories coming online in China are set to feed demand for battery-grade materials such as lithium for insatiable EV markets, according to Benchmark Metals Intelligence (BMI) analysis.

“In H222 and H123, the Asia region maintained its position as the regional leader in terms of EV battery plant investments, attracting 38 projects into either gigafactory or EV battery component plant investments,” BMI says.

“Although the investments in Asia are dispersed among eight different markets we note that mainland China maintains its dominance in the region, attracting 13 investments for a combined value of US$38.1bn (59.5% of Asia’s total investment value).

Meanwhile, Core Lithium looks to be hitting the market to again raise another $100m of capital for its Finniss lithium mine near Darwin in the NT less than a year after receiving $100m to develop the project.

The project shipped its first spodumene concentrate in the June quarter, producing 3589t and 14,685t in March and June respectively at recoveries of 47.4% and 48.6%, which pales in comparison to a 2021 DFS that projected a 71.7% average recovery rate.

C1 costs fell from $2188/t to $902/t in the June quarter, but Core disappointed the market with FY24 and FY25 guidance well below the nameplate 175,000tpa capacity outlined in its initial study work.


View attachment 42145


View attachment 42149

Then there's Delta taking over from Core at the ASX Casino / Roller Coaster

View attachment 42148

Yeah, longer term I am bullish on CXO (and lithium well into the end of this decade) ... especially at these prices. If CXO can fix recoveries and get production up to name plate capacity in FY25 should be a nice chunk of change .. its just locking up more capital/bad timing on my part, I did not see this CR coming.

Fairly similar to AVZ really... if we can get ML/BFS (Resource update & 10Mtpa study??? or is that just internet nonesense... )/FID, get through to construction and ramp up we could likewise be 4-5x on our last traded price, in 2-3 years (conservatively), if things go REALLY well who the F knows... but again locking up capital for that long starting to wear on me.

 

[Carlos Danger]

If this round z lost, they don't even have the chance to go into next round , game over. From my reading and wish

The ICC case is about Zijin wanting AVZ to recognise them in Dathcom

AVZ are challenging Zijin's right to an ICC hearing on jurisdictional grounds as they are not a party of Dathcom and therefore have no rights under the Dathcom JVA

As AVZ said in their official announcement this is not about whether the sale of shares from Cominiere to Zijin was effective and that matter will remain to be determined in separate proceedings

So not game over imo

 

[Azzler]

The ICC case is about Zijin wanting AVZ to recognise them in Dathcom

AVZ are challenging Zijin's right to an ICC hearing on jurisdictional grounds as they are not a party of Dathcom and therefore have no rights under the Dathcom JVA

As AVZ said in their official announcement this is not about whether the sale of shares from Cominiere to Zijin was effective and that matter will remain to be determined in separate proceedings

So not game over imo

The way I see that is they're talking about a technicality though.

The ICC will be making a ruling on the ownership dispute.
The outcome of which is only to say weather Zijin can use the ICC dispute process or not.
They are not ruling to make any ownership claims official.

So technically, no not game over, but I think we can all agree it pretty much will be.
If they cant get ICC to agree they own 15%, how can they hope to win that argument under any other official means?

 

[Azzler]

The way I see that is they're talking about a technicality though.

The ICC will be making a ruling on the ownership dispute.
The outcome of which is only to say weather Zijin can use the ICC dispute process or not.
They are not ruling to make any ownership claims official.

So technically, no not game over, but I think we can all agree it pretty much will be.
If they cant get ICC to agree they own 15%, how can they hope to win that argument under any other official means?

Oh and it will also mean their other case with Com against AVZ will be deemed unsuitable to use the ICC for.

 

[Xerof]

The ICC case is about Zijin wanting AVZ to recognise them in Dathcom

AVZ are challenging Zijin's right to an ICC hearing on jurisdictional grounds as they are not a party of Dathcom and therefore have no rights under the Dathcom JVA

As AVZ said in their official announcement this is not about whether the sale of shares from Cominiere to Zijin was effective and that matter will remain to be determined in separate proceedings

So not game over imo

Any thoughts on what/where the 'separate proceedings' will be determined?

Have you seen Giddyup's post on the crapper re Dathomir? I must say I had noted that no EGM had ever been held for the 5% SPA, but my concerns were dissipated after their comprehensive comments in the response to ASX. Perhaps not as straightforward?

@Roon feel free to develop this discussion. I was pleased to see Giddyup actually delivered on his thoughts quite comprehensively

 

[Xerof]

The way I see that is they're talking about a technicality though.

The ICC will be making a ruling on the ownership dispute.
The outcome of which is only to say weather Zijin can use the ICC dispute process or not.
They are not ruling to make any ownership claims official.

So technically, no not game over, but I think we can all agree it pretty much will be.
If they cant get ICC to agree they own 15%, how can they hope to win that argument under any other official means?

But hang on, some of the 'contacts' have stated quite clearly that Zijin is "out" Now the discussion seems to assume they are still "in"

I'm lost in the loops - not sure which one I'm in again, but Cruiser is right - probably fruit loops

 

[Carlos Danger]

The way I see that is they're talking about a technicality though.

The ICC will be making a ruling on the ownership dispute.
The outcome of which is only to say weather Zijin can use the ICC dispute process or not.
They are not ruling to make any ownership claims official.

So technically, no not game over, but I think we can all agree it pretty much will be.
If they cant get ICC to agree they own 15%, how can they hope to win that argument under any other official means?

I think I have done more work than anyone here proving Zijin's claims are bullshit and that Cominiere clearly violated AVZ pre-emptive rights to the 15%

But AVZ have made it pretty clear there could be further proceedings that determine whether the transfer of shares was effective. I don't think Zijin will give up that easily.

 

[Azzler]

Any thoughts on what/where the 'separate proceedings' will be determined?

Have you seen Giddyup's post on the crapper re Dathomir? I must say I had noted that no EGM had ever been held for the 5% SPA, but my concerns were dissipated after their comprehensive comments in the response to ASX. Perhaps not as straightforward?

I read that and to be honest he sounds like he's weaving his text in a manner to sew doubt with very little real facts to back up the tone he sets.
There's something to it perhaps, but he's going to great effort to make it sound much worse and forboding.
It looks and smells like a Geist to me.

 

[Azzler]

But hang on, some of the 'contacts' have stated quite clearly that Zijin is "out" Now the discussion seems to assume they are still "in"

I'm lost in the loops - not sure which one I'm in again, but Cruiser is right - probably fruit loops

Who's assuming they're still in?

 

[Azzler]

I think I have done more work than anyone here proving Zijin's claims are bullshit and that Cominiere clearly violated AVZ pre-emptive rights to the 15%

But AVZ have made it pretty clear there could be further proceedings that determine whether the transfer of shares was effective. I don't think Zijin will give up that easily.

Agreed they'll do anything they can, but with an ICC ruling stating they don't own shit % in Dathcom now pinned to their faces, any future claims to the contrary are barely worthy of concern IMO.
Maybe they should sue Cominiere.