AVZ Discussion 2022

[Flight996]

You have every right do be pissed. Not disputing it. Difference is, a number of investors want to lynch management, I believe in reserving judgement/lynching until I know why, and I know believe from all info you and others have provided that accusing DRC Government officials of corruption by way of an asx announcement would have been business suicide.

Hi Helios

While you are right that AVZ management should not seek to directly embarrass the DRC government, it's not like DRC corruption is a secret. And unless AVZ continues to put legal pressure of FT's seemingly inept government, nothing tangible will happen.

The entire business and political world will be very aware of the sovereign risk posed by the DRC's endemic and multigenerational corruption; vertically integrated corruption that runs like a salmon-spawning run from the very bottom to the very top. In fact, in mid-2022, US Sec of State Blinken said that US investment will only come when DRC corruption ends. That's a pretty telling statement, and one that carries a lot of business and political weight. If that didn't embarrass Felix's government into action, nothing will.

While Felix struts the world stage promoting the DRC's battery hub credentials, nothing meaningful happens on the ground. It's all bullshit and hype. Battery facilities require many, many sophisticated and integrated inputs. The DRC has nothing to offer except a giant ore body that remains stuck in the ground due to graft and corruption.

Nonetheless, I remain hopeful that the reams of papers in Felix's in-box, which identify corrupt activities and name names will be read one day and genuine action taken. But I'm not holding my breath. There is little evidence of any meaningful action to date....probably because thousands of fat officials and Chinese rodents are happy with the status quo.

Cheers
F

 

[BEISHA]

Hi Helios

While you are right that AVZ management should not seek to directly embarrass the DRC government, it's not like DRC corruption is a secret. And unless AVZ continues to put legal pressure of FT's seemingly inept government, nothing tangible will happen.

The entire business and political world will be very aware of the sovereign risk posed by the DRC's endemic and multigenerational corruption; vertically integrated corruption that runs like a salmon-spawning run from the very bottom to the very top. In fact, in mid-2022, US Sec of State Blinken said that US investment will only come when DRC corruption ends. That's a pretty telling statement, and one that carries a lot of business and political weight. If that didn't embarrass Felix's government into action, nothing will.

While Felix struts the world stage promoting the DRC's battery hub credentials, nothing meaningful happens on the ground. It's all bullshit and hype. Battery facilities require many, many sophisticated and integrated inputs. The DRC has nothing to offer except a giant ore body that remains stuck in the ground due to graft and corruption.

Nonetheless, I remain hopeful that the reams of papers in Felix's in-box, which identify corrupt activities and name names will be read one day and genuine action taken. But I'm not holding my breath. There is little evidence of any meaningful action to date....probably because thousands of fat officials and Chinese rodents are happy with the status quo.

Cheers
F

Perfectly articulated !

 

[MoneyBags1348]

Perfectly articulated !

BEISHA there’s been a few questions posted on here regarding questions at the AGM and Roadshow as well as suggestions that @Winenut and I are going soft….

Can we expect…. No RELY UPON a repeat performance by you at the upcoming events

I just love this old footage I found of you and many of us here in NSW are relying on you to ask the tough questions in WA

 

[BEISHA]

BEISHA there’s been a few questions posted on here regarding questions at the AGM and Roadshow as well as suggestions that @Winenut and I are going soft….

Can we expect…. No RELY UPON a repeat performance by you at the upcoming events

I just love this old footage I found of you and many of us here in NSW are relying on you to ask the tough questions in WA

I used to play tennis at a very high level, was a ball boy when MCENROE, BORG, GERALITUS, CONNORS , LENDL etc were playing at the now defunct entertainment centre in WA.

MCENROE was a idol to me, one of the most entertaining sports people of all time, which is why i also like NICK KYRGIOS.

As i said before, i aint a shrinking violet, you can be rest assured i will be asking the tough questions.........in a polite controlled manner .

 

[Winenut]

I used to play tennis at a very high level, was a ball boy when MCENROE, BORG, GERALITUS, CONNORS , LENDL etc were playing at the now defunct entertainment centre in WA.

MCENROE was a idol to me, one of the most entertaining sports people of all time, which is why i also like NICK KYRGIOS.

As i said before, i aint a shrinking violet, you can be rest assured i will be asking the tough questions.........in a polite controlled manner .

Just don't take your racquet with you or all hell could break loose...

 

[BEISHA]

Just don't take your racquet with you or all hell could break loose...

Actually, i had this in mind....

 

[CHB]

You have every right do be pissed. Not disputing it. Difference is, a number of investors want to lynch management, I believe in reserving judgement/lynching until I know why, and I now believe from all info you and others have provided that accusing DRC Government officials of corruption by way of an asx announcement would have been business suicide.

100% this.

Formally announcing corruption would have killed off AVZ (at least until producing). Tarnished even if everything came good.

For now it's just treated as something off to the side, just a hurdle to jump over.

 

[Xerof]

Given you aTU because they need to be held accountable.
However, in the limited time available it may be prudent to focus on the present/ future.
Also, if you go for the throat you will be shut down and maybe even ejaculated from the premises.
Just saying

Prematurely??

 

[Winenut]

Prematurely??

That is so funny Xerof

Can't believe I missed that little accidental gem from ptlas on my read through the post....hilarious!

 

[Winenut]

You have every right do be pissed. Not disputing it. Difference is, a number of investors want to lynch management, I believe in reserving judgement/lynching until I know why, and I now believe from all info you and others have provided that accusing DRC Government officials of corruption by way of an asx announcement would have been business suicide.

Personally I don't think shareholders seriously want to lynch management

The "lynching" is purely a powerful and symbolic metaphor representing the strong desire for clarity and accountability from the Manangement and Board of AVZ

This strong desire for clarity and accountablility has manifested from extreme feelings of frustration and anger that have been exponentially growing within shareholders in the perceived but also very palpable vacuum of silence surrounding the complex issues at hand

The roadshows, AGM and potentially any official announcements prior to these events will be most telling

 

[MoneyBags1348]

Personally I don't think shareholders seriously want to lynch management

The "lynching" is purely a powerful and symbolic metaphor representing the strong desire for clarity and accountability from the Manangement and Board of AVZ

This strong desire for clarity and accountablility has manifested from extreme feelings of frustration and anger that have been exponentially growing within shareholders in the perceived but also very palpable vacuum of silence surrounding the complex issues at hand

The roadshows, AGM and potentially any official announcements prior to these events will be most telling

Beautifully worded

 

[Winenut]

Beautifully worded

View attachment 19754

Why, thank you Sir

 

[Bray]

After a long night of being smashed by fucking midgies.. my first thought this morning was, what IF the roadshows are AVZ way of letting all the big dogs know to their face that we are indeed fucked and they plan on resuming trading without our beloved ML so get ready to get what you can from the sell off..

It’s highly possible the midgie pain is distorting my thoughts..

 

[Azzler]

After a long night of being smashed by fucking midgies.. my first thought this morning was, what IF the roadshows are AVZ way of letting all the big dogs know to their face that we are indeed fucked and they plan on resuming trading without our beloved ML so get ready to get what you can from the sell off..

It’s highly possible the midgie pain is distorting my thoughts..

Fear makes all sorts of frightening scenarios appear in our minds.
I've had a few bolt upright in bed late at night moments over these months.

You just have to retrace your steps, think through all the information we know, calmly evaluate what's more likely to happen and factor in all macro events.

When I do this I return to calm, and get excited about my investment once again.

If you think about what you're proposing, it doesn't make any sense.

We find out real soon anyway.

 

[Flight996]

Perfectly articulated !

Thanks Beisha

I know others may have a different view, and I respect that.

Cheers
F

 

[Deleted member 1612]

As everyone says, DRC corruption is well known and rife. Considering this, do you think AVZ being troublemakers would work in their favour or do you think the DRC could just paper bag their way to ripping up the decree and telling us to fuck off in whatever way they can conjure, with the help of their Chinese mates. We all have good reason to be pissed, and we all want AVZ to answer questions, but I personally think they have stayed quiet because it’s the only way to play this game. If you worked for the mafia and they dodgied a deal, would you make a public announcement and tell everyone? No, you’d keep your head low and find a respectful way of getting the outcome you need.
It’s shit, no doubt about it but I just don’t think there’s another way. I just wish there was a way for them to get an S.O.S out to shareholders to say it’s okay guys, before all lose our fucking minds. I’m as fucking over it as everyone. I don’t have a million shares like many in here but like most, my future stands at the fork road of AVZ. I just want to get through it and not lose it all at this point.

 

[wombat74]

Personally I don't think shareholders seriously want to lynch management

The "lynching" is purely a powerful and symbolic metaphor representing the strong desire for clarity and accountability from the Manangement and Board of AVZ

This strong desire for clarity and accountablility has manifested from extreme feelings of frustration and anger that have been exponentially growing within shareholders in the perceived but also very palpable vacuum of silence surrounding the complex issues at hand

The roadshows, AGM and potentially any official announcements prior to these events will be most telling

They would cancel the Road Show if they thought SH were going to be hostile . AGM has to go ahead but 3 or 4 burly security guards would sort that out .

 

[MoneyBags1348]

Why, thank you Sir

I notice our mate @one nut has been a bit quiet since apologising before using some very appalling language…. I hope he follows our example

Perhaps even a new Mantle could be introduced

 

[wombat74]

After a long night of being smashed by fucking midgies.. my first thought this morning was, what IF the roadshows are AVZ way of letting all the big dogs know to their face that we are indeed fucked and they plan on resuming trading without our beloved ML so get ready to get what you can from the sell off..

It’s highly possible the midgie pain is distorting my thoughts..

Then no point going around the country and to NZ then . The cat will already be out of the bag after the first meeting . No, I think this is either a victory tour or a rally the troupes confidence tour . It's definitely not a Doom and gloom tour .

 

[wombat74]

As everyone says, DRC corruption is well known and rife. Considering this, do you think AVZ being troublemakers would work in their favour or do you think the DRC could just paper bag their way to ripping up the decree and telling us to fuck off in whatever way they can conjure, with the help of their Chinese mates. We all have good reason to be pissed, and we all want AVZ to answer questions, but I personally think they have stayed quiet because it’s the only way to play this game. If you worked for the mafia and they dodgied a deal, would you make a public announcement and tell everyone? No, you’d keep your head low and find a respectful way of getting the outcome you need.
It’s shit, no doubt about it but I just don’t think there’s another way. I just wish there was a way for them to get an S.O.S out to shareholders to say it’s okay guys, before all lose our fucking minds. I’m as fucking over it as everyone. I don’t have a million shares like many in here but like most, my future stands at the fork road of AVZ. I just want to get through it and not lose it all at this point.

Exactly . These guys have years and years of experience in Africa . They know how things roll . We also have Serge who is a local . Plus our local Legal team . I think between them they know how the game is played .