AVZ Discussion 2022

[Mr_Tones83]

Not sure but i'm under the impression that 2 yes votes and 1 no vote results in a board seat for them.

Each director nomination is an ordinary resolution, which means that it passes if a majority (>50% of people who cast their for or against vote) vote for the resolution.
So for each director appointment resolution if >50% of the votes are against, then that person will not be appointed as a director. That means if none of the non-board endorsed director resolutions pass then none of them get appointed.

 

[Remark]

Did the voting form arrive via mail or email? I've logged onto the Automic website and there's no information under AVZ.

Just got mine via email.

 

[Mickyb64]

Just got mine via email.

Mine just hit the inbox.

 

[Misfits]

Just got mine via email.

Same, email through just now. Green it is!

 

[Carlos Danger]

Hi Carlos, I haven't posted in a while on either TSE or hotcrapper, but I have read everything and I have a lot of respect for you as a poster and all of the research that you do however I am not sure that this post was correct.

Happy to be proven wrong but my understanding is that reagrdless of the outcome of the votes on John, Greame and the 3 other recently appointed directors that there will only be two vacant director positions to be added from the 16 nominees.

If the "other 5" as you have mentioned above, are not voted in, then there will be only 2 directors ( or less) chosen from the 16 nominees which include the Fat Tail nomiees.

Cheers and thanks so much for your efforts.

Does AVZ have to fill all vacant spots?

No

1 by 1 starting from the top of the list.
and it's just yes votes vs no votes, which is why its imperative we all vote.
And once (if) all vacancies are filled, no one else even gets a chance.

Each director nomination is an ordinary resolution, which means that it passes if a majority (>50% of people who cast their for or against vote) vote for the resolution.
So for each director appointment resolution if >50% of the votes are against, then that person will not be appointed as a director. That means if none of the non-board endorsed director resolutions pass then none of them get appointed.

I read the constitution section on director nominations but am still unsure

I think my confusion stemmed from the 3 new director nominees. It seems each of those 3 seats will only remain if the individual new nominee is elected. So we could be left with somewhere between 4 and 7 on the bod. And only 2 of the original 4 is up for grabs between the 2 seeking reelection and the absolute clown car of other candidates with the current holders getting first dibs followed by the other list in order. Is that right @GD4 ?

If so then why the fuck would MMGA bother nominating 3 candidates when only 2 can get on the bod?

 

[Mr_Tones83]

Voting is now open on Automic online portal... let's all get behind the current management team to ensure we don't lose control to any puppets trying to undermine us!

 

[Misfits]

Voting is now open on Automic online portal... let's all get behind the current management team to ensure we don't lose control to any puppets trying to undermine us!

DONE! Voted the way in which we were asked to.

 

[BigA]

Mine just hit the inbox.

Yep got mine, voted as per green

 

[MoneyBags1348]

I read the constitution section on director nominations but am still unsure

I think my confusion stemmed from the 3 new director nominees. It seems each of those 3 seats will only remain if the individual new nominee is elected. So we could be left with somewhere between 4 and 7 on the bod. And only 2 of the original 4 is up for grabs between the 2 seeking reelection and the absolute clown car of other candidates with the current holders getting first dibs followed by the other list in order. Is that right @GD4 ?

If so then why the fuck would MMGA bother nominating 3 candidates when only 2 can get on the bod?

Anyone else here having issues with this site. It’s been playing up on me with a new type of advertising format for the last few days, but now it’s gone even further and won’t even show up a sign off link on my profile

What the fuck is going on @zeeb0t

 

[Jazz]

Anyone have shares in a BT super SMSF? I got this response when asking about voting at AGM.

 

[Remark]

Anyone else here having issues with this site. It’s been playing up on me with a new type of advertising format for the last few days, but now it’s gone even further and won’t even show up a sign off link on my profile

What the fuck is going on @zeeb0t

View attachment 47955

It was a bit glitchy for me earlier today, very slow to refresh

 

[MoneyBags1348]

It was a bit glitchy for me earlier today, very slow to refresh

Yes me too, but it’s changed to the point there is no longer a logging off option for me….

Just found another way of doing it Remark but tse needs to pull their finger out, we don’t want it going to shit like the crapper

Now that I found another way, I’m going to get off here…. But just wanted to add my thoughts on voting

I could be wrong but it appears the BOD is voting against all nominees so they don’t knock out the three they have recently picked who are right at the bottom

So they better be sure they have their numbers right. Perhaps if the numbers were against us it wouldn’t make any difference anyway, but just thought I would throw that out there

And also putting it out there that FIRB scrutinises where the votes from Yibin Tianyi, Huayou and Lithium Plus went

 

[Mr_Tones83]

Anyone have shares in a BT super SMSF? I got this response when asking about voting at AGM.
View attachment 47956

Basically what they're saying is that they have one HIN with all client holdings held in aggregate on that HIN.
You could contact them directly to ask whether they will allow voting on behalf of your holdings and to direct them in a certain way, but a lot of these service providers won't entertain it because it's too cumbersome for them to manage operationally, and they could just say sorry we don't allow voting on AGM resolutions (or they may charge a fee to do it).

Edit: But it's definitely worth asking them to make sure

 

[DiscoDanNZ]

You guys have too much time on your hands, thank fuck because I'm totally missing what you are referring to with the 'vote green'. Can someone enlighten me/tell me how to vote so the only seat Fat Tail have a chance of getting is on the Zijin strap on.

 

[Azzler]

You guys have too much time on your hands, thank fuck because I'm totally missing what you are referring to with the 'vote green'. Can someone enlighten me/tell me how to vote so the only seat Fat Tail have a chance of getting is on the Zijin strap on.

The green proxy form is to vote how AVZ board have instructed.
That's what vote green means, do as recommended by the board.

Make it easier on yourself and just vote online though. We were all just sent an email with a link to click that goes to Automic without having to log in, and you can vote.


Edit: The email has links to the Notice of Annual General Meeting document with tells you how to vote and recommends how to vote. It also contains the proxy forms.
But as I said it also has the link to just vote online instead.

Double Edit:
For the utterly lazy, here is a copy paste of the boards recommendations:


"Your Board unanimously recommends Shareholders VOTE AGAINST the appointment of the Fat Tail
Nominees at the AGM to be held on 23 November 2023.
We strongly believe that the current independent Board is best placed to drive the Company’s future
success and successful delivery of the Manono Project.

Accordingly, I urge you to VOTE FOR Resolutions 1, 18 to 22 and VOTE AGAINST Resolutions 2
to 17."

-Dr John Clarke
Non-Executive Chairman

 

[Scoota30]

You guys have too much time on your hands, thank fuck because I'm totally missing what you are referring to with the 'vote green'. Can someone enlighten me/tell me how to vote so the only seat Fat Tail have a chance of getting is on the Zijin strap on.

I would recommend everyone to vote online through automic, next to each resolution it has in brackets (Board not endorsed) OR (board endorsed) to make it even easier.

 

[Jazz]

Basically what they're saying is that they have one HIN with all client holdings held in aggregate on that HIN.
You could contact them directly to ask whether they will allow voting on behalf of your holdings and to direct them in a certain way, but a lot of these service providers won't entertain it because it's too cumbersome for them to manage operationally, and they could just say sorry we don't allow voting on AGM resolutions (or they may charge a fee to do it).

Edit: But it's definitely worth asking them to make sure

Thanks.
I will take it up with them. If anyone else has shares held with BT SMSF send me a message so I can keep you informed.

 

[DiscoDanNZ]

The green proxy form is to vote how AVZ board have instructed.
That's what vote green means, do as recommended by the board.

Make it easier on yourself and just vote online though. We were all just sent an email with a link to click that goes to Automic without having to log in, and you can vote.


Edit: The email has links to the Notice of Annual General Meeting document with tells you how to vote and recommends how to vote. It also contains the proxy forms.
But as I said it also has the link to just vote online instead.

Is this (Posted by Carlos) how the board have instructed? Sorry just haven't had the time to read through the 20 odd pages since yesterday. Just got the email with links and documents but wanting to get it done now while I have a spare minute.

 

[MoneyBags1348]

Is this (Posted by Carlos) how the board have instructed? Sorry just haven't had the time to read through the 20 odd pages since yesterday. Just got the email with links and documents but wanting to get it done now while I have a spare minute.


View attachment 47962

Yes that’s it Disco

 

[DiscoDanNZ]

Yes that’s it Disco

Done, fuck Fat Tail. Really can't decide which gif I like the best for them so heres one for each of their nominations.