AVZ Discussion 2022

[Flight996]

Unfortunately the shorters will probably be okay and not burn in hell like they should

The big losers could be the index funds

Had to buy in when AVZ entered the ASX200

Will have to get out potentially at lower prices when AVZ come back to trading

Then as the SP recovers (as we suspect with ML, further announcements, revised numbers etc) AVZ could very well qualify again for the ASX200 in the not too distant future

At which point the index funds will have to buy in again at a premium price

The small amount of comfort for me with the shorters is at least they've been coughing up interest for half a year.....

Hi Winenut

My understanding is that index funds have plenty of time to unwind their positions if necessary. If AVZ remains out of the ASX200, index funds will need to report their positions by 30 June 2023. They have seven months.

Cheers
F

 

[antimatter]

Unfortunately i think shorters are sitting pretty...

ASX200 dropout, investors spooked on sovereign risk and investors needing cash.... all play into the hands of shorters, whom all undertook the transaction at much higher share prices...

part of me thinks they'll let a week or two playout on the market... then they'll put out news to progress and start supporting share price... of course... complete guess...

No worries. I have cash sitting in the account ready to accumulate more.

 

[Flight996]

This is the current short position, the large increase occurred simultaneously when the Index funds brought in March 2022 around the 80c mark.

Yes, you are right Ashlee.
Funds and institutions regularly hold both short and long positions over the same stock, rather than being exposed to short positions alone. While they may opportunistically trade the arbitrage, they are quite aware that markets rises over time despite the occasional correction.

Cheers
F

 

[MoneyBags1348]

Over the last 5 years AVZ have spent millions of dollars on Soil Sampling, Field Mapping, Consulting, Drilling, Metallurgical Testing (spodumene and primary lithium sulphate), Completing a FEED Study, A SEZ Agreement, A 160 page Definitive Feasibility Study, Tendering for Mining Infrastructure, Legally Obtaining and Paying For and Increased Share of Dathcom, Obtaining Offtake Agreements for both Lithium and Tin, Raising Capital, A Funding and Offtake Agreement with CATH, Presenting at the Battery Minerals Conference, Legally Fulfilling all Requirements to Obtain the Mining License, Including Receiving the Ministerial Decree to Award the Mining License, Producing an 85 page Sustainability Report and Supporting the Local Community….

And still have not received the Mining License….

All because of Jean Michel Sama Lukonde Kyenge, Adele Kayinda, Jean Felix Mupande, Simon Cong (Dathomir), Cominiere and Zigin

Absolutely unbelievable!!!!

 

[Xerof]

Princess bitchface says they’ve done nothing. I believe her……






Not

 

[antimatter]

Per Jens tweet below, untrustworthy crooks have their ears below eye level.

NF ears are above his eye level, so we can trust him

 

[DiscoDanNZ]

With current pricing of SC6 plus PLS and Tin
Work out payback on project for a 4.5 mtpa output.
Could be pay back under 2 years .
3 billion$$$ plus turnover.
if no new investors ...which highly unlikely on the profits company will be making . AVZ will be paying dividends .

Never forget the tin, I'm sure no one's forgotten it but we definitely haven't discussed it in a while.

How good would it be if there was a JV done with cash our way for it? It's a lot easier to pay back the mine construction if someone else pays us for the tin JV upfront.

 

[Xerof]

ELPHAMALE dropped a tweet on the 13/11 @ HC, same intel we got here about AVZ supposedly getting the ML.

I have big raps for this poster, doesnt get more informed , invested than him / her in the AVZ cause, so war drums and a bit of dot joining............aka 15/11 ................................... 18/11 AGM, gives me hope that this week could be a significant turning point from this disastrous last 6 months or so.

View attachment 21899

Waiting for the bell.........


Just a feeling, nothing more.


imo

It’ll be a disaster if you turn up at the AGM on the 18th mate. Make sure you go on 17th otherwise no one will answer anything

 

[BEISHA]

It’ll be a disaster if you turn up at the AGM on the 18th mate. Make sure you go on 17th otherwise no one will answer anything

Fuck me, what is it with me regards to the 18th ? ..........

Note to ones self.....

17, 17, 17 , 17

ffs

 

[MoneyBags1348]

Per Jens tweet below, untrustworthy crooks have their ears below eye level.

NF ears are above his eye level, so we can trust him

View attachment 21907 View attachment 21908

 

[wombat74]

Tomorrow last day of suspension . Have they timed this to perfection ? Maybe one more extension needed . How about an announcement on the day of the AGM for maximum effect . Nigel enters the room munching on a slice of pineapple , juice running down his chin dripping all over him , Rocky sound track blaring .
Thought there would be a lot more noise today . Intel gone quiet . Is this all based on a few lines in that youtube clip or is there more substantial stuff that has leaked ?

 

[DiscoDanNZ]

Tomorrow last day of suspension . Have they timed this to perfection ? Maybe one more extension needed . How about an announcement on the day of the AGM for maximum effect . Nigel enters the room munching on a slice of pineapple , juice running down his chin dripping all over him , Rocky sound track blaring .
Thought there would be a lot more noise today . Intel gone quiet . Is this all based on a few lines in that youtube clip or is there more substantial stuff that has leaked ?

Response to every question:

*inaudible pineapple juice slurping*

 

[Xerof]

Fuck me, what is it with me regards to the 18th ? ..........

Note to ones self.....

17, 17, 17 , 17

ffs

I could say the same, been waiting for announcement, thinking it’s the 15th today

 

[Roon]

Tomorrow last day of suspension . Have they timed this to perfection ? Maybe one more extension needed . How about an announcement on the day of the AGM for maximum effect . Nigel enters the room munching on a slice of pineapple , juice running down his chin dripping all over him , Rocky sound track blaring .
Thought there would be a lot more noise today . Intel gone quiet . Is this all based on a few lines in that youtube clip or is there more substantial stuff that has leaked ?

Apart from Hedrox' statement regarding a local DRC contact I haven't seen anything regarding our ML being issued aside from that vague few lines in the YouTube session from their Saturday press conference. Has anyone heard or seen anything concrete? Or have we had another negligent discharge

 

[wombat74]

Apart from Hedrox' statement regarding a local DRC contact I haven't seen anything regarding our ML being issued aside from that vague few lines in the YouTube session from their Saturday press conference. Has anyone heard or seen anything concrete? Or have we had another negligent discharge

Well I'm not putting a lot of weight on what was said in that meeting . So I hope there is credible intel coming from somewhere else . In 6months all we have heard is BS . Another question for Nigel on Thursday if no ML .

 

[cruiser51]

2 months old note from the cabinet director of ministry of mines, telling they have to issue such a statement

 

[LEFOOL]

I like how they always say 'soon', what's that 6 months Africa time?

Soon = 6 month
Very soon = 3 month
IMMINENT = coupla month

 

[LEFOOL]

Apart from Hedrox' statement regarding a local DRC contact I haven't seen anything regarding our ML being issued aside from that vague few lines in the YouTube session from their Saturday press conference. Has anyone heard or seen anything concrete? Or have we had another negligent discharge

Kiki did say on the bird ANNOUNCEMENT coming soon.... again... see post above... SOON

PS: no offence to KiKi he's a bloody legend !

 

[TDITD]

I could say the same, been waiting for announcement, thinking it’s the 15th today

why whats happening then ?

 

[CashKing]

why whats happening then ?

You get to wait another 2 weeks after the last 2 weeks….
I’m hoping for 7 days wouldn’t that be different.. Gotta keep us guessing

GLTAH