AVZ Discussion 2022

[JNRB]

Zijin are a bunch of [insert profanities here] and like most of us I don't want them coming out of this unscathed.

All the articles that came out on Kobolds positioning mention allowing Zijin to 'retain control' of the north. On reading back I find that wording quite interesting.

It doesn't say 'drop/settle claims' against Zijin, or 'accept fait accompli' or anything like that. So I don't take it as a given that we'll just be letting Zijin keep what they've stolen without cost. There are a lot of ways Zijin could 'retain control', and therefore allow the Chinese to save face, that would still involve Zijin being forced to pay something. How that works I don't know. If it's straight up compensation, or a royalty payment, or some other complex arrangement with the Americans.

I'd previously speculated that to the Yankees it was simply worth it to pay-out AVZ completely, even for the North, just to be able to securely take control of the South. And I still think that's true. But that doesnt mean its not even better to still extract some concessions from Zijin. As others have printed out, these Bilionaires are not charities.

 

[Frank]

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*Edit

 

[Mr Inappropriate]

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That morally-bankrupt fuckwit Lars hasn’t figured out that their lies, deception, and obsequiousness no longer have effect now that discussions are (seemingly) out of the hands of Cominiere and MoM.

 

[Mr Inappropriate]

Zijin are a bunch of [insert profanities here] and like most of us I don't want them coming out of this unscathed.

All the articles that came out on Kobolds positioning mention allowing Zijin to 'retain control' of the north. On reading back I find that wording quite interesting.

It doesn't say 'drop/settle claims' against Zijin, or 'accept fait accompli' or anything like that. So I don't take it as a given that we'll just be letting Zijin keep what they've stolen without cost. There are a lot of ways Zijin could 'retain control', and therefore allow the Chinese to save face, that would still involve Zijin being forced to pay something. How that works I don't know. If it's straight up compensation, or a royalty payment, or some other complex arrangement with the Americans.

I'd previously speculated that to the Yankees it was simply worth it to pay-out AVZ completely, even for the North, just to be able to securely take control of the South. And I still think that's true. But that doesnt mean its not even better to still extract some concessions from Zijin. As others have printed out, these Bilionaires are not charities.

After the dust settles on this next phase, there should be serious discussions about a class action against #FuckZijin.

 

[TheCount]

After the dust settles on this next phase, there should be serious discussions about a class action against #FuckZijin.

Emotionally I agree, but head says that once I get my settlement cheque, I’m moving on to the next topic. @IXR for example.

 

[BEISHA]

Emotionally I agree, but head says that once I get my settlement cheque, I’m moving on to the next topic. @IXR for example.

 

[Frank]

https://x.com/AuSamus/status/1911296165150335289

https://x.com/Outcast_North/status/1911328832591728738

https://x.com/Mr_Tones83/status/1911321039835209857

https://x.com/brendo726/status/1911362886569746654

 

[Frank]

https://x.com/brendo726/status/1911197980444828113

https://x.com/Outcast_North/status/1911333726929195475

https://x.com/GregWri46392/status/1911195219795841312

 

[Frank]

 

[Spikerama]

Forty eight. They've opened the gate.

 

[Frank]

https://x.com/lotiongang1/status/1911554315896176853

https://x.com/anonymous_seeu/status/1911565709777506780

https://x.com/lotiongang1/status/1911585478983504320

https://x.com/brendo726/status/1911596417648607645

 

[Mute22]

Three years (sorta) flew by, but now 50 days feels like an eternity with what's going on.

 

[Spikerama]

Three years (sorta) flew by, but now 50 days feels like an eternity with what's going on.

It's fine mate. I'm sure it doesn't feel like enough time for those scrambling for some kind of resolution to avoid it.

48 days will fly by.

 

[JasonM]

It's fine mate. I'm sure it doesn't feel like enough time for those scrambling for some kind of resolution to avoid it.

48 days will fly by.

not so sure about that. My hopium indicator is near 3yr highs, consequently I'm concerned there is a setup for some all time lows in disappointment. Time is going really slow and the quietness from avz is both heartening that maybe there working on a deal but also painful as I dont know what the f is going on. Summary, I'm very positive but an outcome cant come quick enough.

 

[Spikerama]

not so sure about that. My hopium indicator is near 3yr highs, consequently I'm concerned there is a setup for some all time lows in disappointment. Time is going really slow and the quietness from avz is both heartening that maybe there working on a deal but also painful as I dont know what the f is going on. Summary, I'm very positive but an outcome cant come quick enough.

I fully understand Jason but I reckon you just have to disengage the heart somewhat. You have no control over the situation so it's pointless trying to second guess and agonise over what is happening or what might happen.

I like to just focus on the facts and what we know is happening because currently it is positive. Admittedly it can be real hard not to speculate but honestly dude, it's not worth twisting yourself in knots over because it wont change a thing no matter how tight you wind it.

 

[Frank]

 

[Frank]

https://x.com/DominicFurfaro/status/1911263405832634623

https://x.com/anonymous_seeu/status/1911652499557417385

https://x.com/anonymous_seeu/status/1911652390329352468

 

[Lucas Don Velor]

Could accountants please confirm!?

For those who potentially stand to gain a substantial capital amount, you could take advantage of your unused concessional contributions (UCC)…

e.g. Capital gain of $1,000,000 - UCC (e.g. $100,000) = pay tax on $900,000 + 50% CGD for those eligible.

As well as reducing your tax and increasing super, you’ll also get 30% back on the $100,000 UCC… Hope this is correct and helps others out!

 

[Azzler]

Could accountants please confirm!?

For those who potentially stand to gain a substantial capital amount, you could take advantage of your unused concessional contributions (UCC)…

e.g. Capital gain of $1,000,000 - UCC (e.g. $100,000) = pay tax on $900,000 + 50% CGD for those eligible.

As well as reducing your tax and increasing super, you’ll also get 30% back on the $100,000 UCC… Hope this is correct and helps others out!

Hey mate thanks for bringing this Tax policy to my attention, I didn't know about it and so just looked it up.
It's very interesting and it makes me wonder.

So I'd only pay 15% tax on a super contribution instead of the max of 45%, or if we can get the CGD, 22.5%, which on your hypothetical $100,000 contribution, means I keep an extra $30,000, or $7,500 (if CGD) but that all goes into my super.

Out of $100,000 untaxed income, in one case I get either $55,000 or $77,500 (CGD) of that in my pocket,
OR my super gets $85,000 of it.

Interesting decision to make!
But thanks again for bringing this to my attention

P.S. You can see how much unused concessional contributions you are eligible to contribute by visiting MyGov, ATO.

 

[Doc]