AVZ Discussion 2022

[Doc]

Ahh Groundhog Day. I remember the previous election and we were so happy Felix got in as he was the voice for change for the DRC. 5 years later here we are, sweet FA has changed. Just hope we not here in 5 years hinging our hopes on another election.
Get it done Felix, not for us but the people you represent. You can make a generational change for the people of the DRC ( and make me a few quid in the process )
Fingers crossed

 

[Scoota30]

View attachment 54030 View attachment 54031

Call me cynical but i wouldn't even bank on the reshuffle being a catalyst for the ML. Regardless, the ICSID provision hearing "should" be here any day/week now putting the brakes on the whole enterprise, and if they are going to agree to an MoU then you'd hope they would do it before May otherwise the ICSID rolls on to the next stage.

 

[Roger2018]

Hi Beish, love all your work and would've loved to watch you ask some pertinent questions to the board.

Unfortunately, the West is too far behind and with an election overshadowing 2024 in the US, I think China steps up and takes us out - a disasterous sitatuon for the western world but one that I predict happening.

I think ICSID will be the sticking point in which Z, Cath and another party will take us out to leave and never come back.

Don't see the west getting it done sadly, have been terrible disappointed with their levels of engagement thus far.

cheers,

Could FIRB block a buyout?

 

[wombat74]

Call me cynical but i wouldn't even bank on the reshuffle being a catalyst for the ML. Regardless, the ICSID provision hearing "should" be here any day/week now putting the brakes on the whole enterprise, and if they are going to agree to an MoU then you'd hope they would do it before May otherwise the ICSID rolls on to the next stage.

Yep a reshuffle won't mean sh1t . AVZ does not have until May .It's all time wasting and excuses . DRC/China want AVZ to run out of money and f--k off . It's not rocket science .

 

[Winenut]

Could FIRB block a buyout?

Not if the buyout is of Dathcom I don't think

Dathcom is the key to the ML and Manono

Dathcom is not domiciled in Australia so I'm not sure FIRB has any jurisdiction

Wouldn't be able to buyout AVZ directly per se but Dathcom a different kettle of fish

Happy to stand corrected if my interpretation isn't quite right

 

[Carlos Danger]

Could FIRB block a buyout?

If AVZ management and shareholders are happy to sell then what right do FIRB have to force us to stay in suspension with no end in sight

If the Australian government are serious about securing critical minerals supply chains then they need to either step the fuck up and help us or they can buy us out themselves if they don't want us selling to China

 

[Carlos Danger]

Not if the buyout is of Dathcom I don't think

Dathcom is the key to the ML and Manono

Dathcom is not domiciled in Australia so I'm not sure FIRB has any jurisdiction

Wouldn't be able to buyout AVZ directly per se but Dathcom a different kettle of fish

Happy to stand corrected if my interpretation isn't quite right

We can also sell the buyer AVZI which will avoid FIRB and DRC taxes

 

[BEISHA]

If AVZ management and shareholders are happy to sell then what right do FIRB have to force us to stay in suspension with no end in sight

If the Australian government are serious about securing critical minerals supply chains then they need to either step the fuck up and help us or they can buy us out themselves if they don't want us selling to China

I think its the US that needs to step up and buy AVZ out.........after all, they need the critical minerals much more than Australia....

Blinken should speak to FT pronto and discuss that option and provide a brown paper bag to go with it.......lol

United States looks to invest in Lobito Atlantic Railway Corridor

The Lobito Atlantic Railway Corridor will be an important trade route for copper metal and other critical minerals for the energy transition.

www.miningreview.com

 

[Winenut]

We can also sell the buyer AVZI which will avoid FIRB and DRC taxes

I think AVZI is domiciled in OZ (same as AVZ) so therefore might also potentially attract the attention of FIRB preventing the sale???

Agreed though that if AVZ management and shareholders are all happy with the sale then the FIRB should go and get royally fucked

Have seen fuck all from Aussie Govt or Government Agencies over the journey to help AVZ in it's plight so I'm not super keen on them stepping in and potentially blocking a sale at the last minute especially if we finally get a chance to get our fucking coin back!!

 

[Carlos Danger]

I think AVZI is domiciled in OZ (same as AVZ) so therefore might also potentially attract the attention of FIRB preventing the sale???

Agreed though that if AVZ management and shareholders are all happy with the sale then the FIRB should go and get royally fucked

Have seen fuck all from Aussie Govt or Government Agencies over the journey to help AVZ in it's plight so I'm not super keen on them stepping in and potentially blocking a sale at the last minute especially if we finally get a chance to get our fucking coin back!!

I thought AVZI was registered in Singapore. Clearly not. Probs why we were trying to sell our holding in Dathcom to Green Lithium haha

 

[Pokok]

Could somebody explain to me why anybody would be interested in buying us out and taking over this shit fight if we don't have a mining licence,
and I don't see a mining licence any time soon , also why do people think we have got only till May , is this when AVZ is out of cash ??? if so ,,, well hard ball has been played for 18 months with no end in sight we need a decision quick , and forget any government to help us out as it would have already happened .

 

[Randenj]

My understanding of the oft-stated May deadline is the 2year cut-off for suspension on the ASX. After that it is either a relist and come what may or a delist entirely). Both are not favourable financial outcomes under the current published circumstances. However, as others (Beisha?) have been vocal about on this forum and elsewhere, it is a grey area that is not clear at this point in time. Certainly there are some detractors of AVZ (eg think a certain proponent of sewerage systems) on other forums who are keen to promote the 2year suspension before automatic delisting. RE the cash issue? I'm not as up-to-date with that situation.

 

[cruiser51]

My understanding of the oft-stated May deadline is the 2year cut-off for suspension on the ASX. After that it is either a relist and come what may or a delist entirely). Both are not favourable financial outcomes under the current published circumstances. However, as others (Beisha?) have been vocal about on this forum and elsewhere, it is a grey area that is not clear at this point in time. Certainly there are some detractors of AVZ (eg think a certain proponent of sewerage systems) on other forums who are keen to promote the 2year suspension before automatic delisting. RE the cash issue? I'm not as up-to-date with that situation.

Being delisted options were answered by Nigel, ie trading as a non listed company for a while, re-list, or list overseas.

 

[Winenut]

My understanding of the oft-stated May deadline is the 2year cut-off for suspension on the ASX. After that it is either a relist and come what may or a delist entirely). Both are not favourable financial outcomes under the current published circumstances. However, as others (Beisha?) have been vocal about on this forum and elsewhere, it is a grey area that is not clear at this point in time. Certainly there are some detractors of AVZ (eg think a certain proponent of sewerage systems) on other forums who are keen to promote the 2year suspension before automatic delisting. RE the cash issue? I'm not as up-to-date with that situation.

Yes delisted after two years in suspension however some extension possible under limited circumstances

 

[Carlos Danger]

I think AVZI is domiciled in OZ (same as AVZ) so therefore might also potentially attract the attention of FIRB preventing the sale???

Agreed though that if AVZ management and shareholders are all happy with the sale then the FIRB should go and get royally fucked

Have seen fuck all from Aussie Govt or Government Agencies over the journey to help AVZ in it's plight so I'm not super keen on them stepping in and potentially blocking a sale at the last minute especially if we finally get a chance to get our fucking coin back!!

I thought AVZI was registered in Singapore. Clearly not. Probs why we were trying to sell our holding in Dathcom to Green Lithium haha
View attachment 54064

Ok so I'm not completely crazy there was a company called AVZ International registered in Singapore in 2016 but it was struck off in 2018

https://www.sgpbusiness.com/company/Avz-International-Pte-Ltd

 

[SilentOne]

I would think that FIRB only refers to assets within Australia, or Australian Companies. I would guess that it would not have jurisdiction on an overseas Asset owned by an Australian company. Therefore, I would presume that it would be easier for AVZ to sell their interests in Dathcom than it would be to sell AVZ to a foreign company. (FIRB would then come into play).

This is what I am guessing and is definitely not advice and is more a thought bubble.

So we will need to see how things play out - personally I would rather wait for the ICSID / ICC to play out and get some rulings/clarifications. And yes the DRC will take note of any ICSID outcome due to it being linked to the World Bank and potential future funding.

Regards,

SilentOne

 

[Carlos Danger]

Could somebody explain to me why anybody would be interested in buying us out and taking over this shit fight if we don't have a mining licence,
and I don't see a mining licence any time soon , also why do people think we have got only till May , is this when AVZ is out of cash ??? if so ,,, well hard ball has been played for 18 months with no end in sight we need a decision quick , and forget any government to help us out as it would have already happened .

If Zijin are the buyer then the 'conflicts and disagreements between shareholders of Dathcom' that the MoM cited in her cancellation decree (despite it being a reason unknown to the mining code) will magically disappear imo

 

[wombat74]

I would think that FIRB only refers to assets within Australia, or Australian Companies. I would guess that it would not have jurisdiction on an overseas Asset owned by an Australian company. Therefore, I would presume that it would be easier for AVZ to sell their interests in Dathcom than it would be to sell AVZ to a foreign company. (FIRB would then come into play).

This is what I am guessing and is definitely not advice and is more a thought bubble.

So we will need to see how things play out - personally I would rather wait for the ICSID / ICC to play out and get some rulings/clarifications. And yes the DRC will take note of any ICSID outcome due to it being linked to the World Bank and potential future funding.

Regards,

SilentOne

" And yes the DRC will take note of any ICSID outcome ."

We are about to find out , but you don't know that for sure .

 

[Pokok]

If Zijin are the buyer then the 'conflicts and disagreements between shareholders of Dathcom' that the MoM cited in her cancellation decree (despite it being a reason unknown to the mining code) will magically disappear imo

Hi Carlos , So you are saying like I am thinking , the only company that would buy us out without a mining licence is Zijin , to me that will be some tough negotiation , does the management need to put out an announcement at any stage of a negotiation with whoever ??

 

[Dazmac66]

I was thinking we would have some news re ICSID today. Should have known it would take twice as long as expected. My god - will it ever end..