AVZ Discussion 2022

[Winenut]

My confidence tapered upon reading more, see page 5. on subjective opinion, versus objective.

It is not easy to escape disclosure requirements. There is no clause for “fair go”.

The “decision” dished out by a court in Lubumbashi was a verdict of the jurisdiction. Corrupt as it may well be it’s an adverse action intended to affect the progress of the company, that if I had known about in January I would have taken some shares off the table. Everyone is here, to hear the heart beat of AVZ and knows they would do same upon learning of the adverse actions of a Dathcom partner.

May be Der Geist is right, when the malfeasance and heat turned up advice was, go into suspension. When Zijin reacted on its website that must have been decisive for AVZ and fits chronology. But the Lubumbashi judgment or “decision” is not a “supposition” or “speculation” is a reasonable view to hold imo

AVZ needs to explain its reasoning.

Geez mate

Speaking for every single shareholder that they would react exactly the same as you if given a piece of information?

Really?....

Stop pulling your dick

 

[TheCount]

That's probably fair to a degree and one could admire your conviction.
I doubt anyone would be here if they believed otherwise - long term.
It's what's inbetween that isn't so black and white and there are many shareholders in different situations.
Having taken your approach but also relying on the ability to take profits along the way or at least at some point puts recent shenanigans and the suspension in a bit of a different light. Especially at a key time when everyone believed we were headded to DFS and FID.
I think however from previous posts that you also understand that, the frustrations of dealing with a corrupted system and the somewhat opaque approach from management as well as their continued lack lustre projections. Just wanting to make the distinction.
I'd like to think that's one of the key differences between here and HC at least amongst genuine shareholders.
Dunno maybe I'm dreaming?
Personally, once I'm free carried and paid off some debt I couldn't really give a toss how long it takes as long as we get there. I'll be kicking back on the Amalfi coast before you can say boo.
Right now I need this shit to be sorted and it's getting a bit long in the tooth.

1 regret could be not taking profits along the way, sure. That may put a few bucks back in your bank account but you end up with less shares and when this baby flies that just means less profit. Trust me, I get it and question myself often. Easy for me to say with a small entry price, but I do not gloat about it. If I was genuinely concerned about AVZ I would sell down 'some'. Alas, I am not a trader and often lack the discipline to contemplate parting with any of my 700,000 shares.

Since Oct 2017 I have paid careful attention to HC and read everything else I could find. Since then AVZ has been mocked and belittled and the BOD have borne the brunt of many attacks on their ability and credibility. Fast forward to today and I can say that every single negative post (eg: missed timeline, sovereign risk etc etc) means "nothing" because we've proven them all wrong. If any of those negative comments were true, we wouldn't be where we are today.

We're experiencing an attack on all 4 fronts, from 4 Goliaths, so it is only natural to question AVZ's ability. We've sailed through arbitration (and saved JAG's nuts) without a single word from the BOD. A Country of no less than the second largest economy in the entire World has us in their cross-hairs and we are winning the battle.

I generally post smart-arsed comical posts with an occasional tug at the heart attempt because I am so comfortable where AVZ is right now. There are enough good quality researchers here and on the crapper that you don't need me posting more.

I'll will however repeat something I used to say to newbies often on the crapper. "We are all different and here for different reasons - what does YOUR trading plan say? Follow it. If it turns against you, learn and re-write your plan." My plan says "sit on your hands".

Cheers.
TC.

PS - don't take it as an omen but "Crumblin' down" by Mellencamp is playing right now

 

[Winenut]

1 regret could be not taking profits along the way, sure. That may put a few bucks back in your bank account but you end up with less shares and when this baby flies that just means less profit. Trust me, I get it and question myself often. Easy for me to say with a small entry price, but I do not gloat about it. If I was genuinely concerned about AVZ I would sell down 'some'. Alas, I am not a trader and often lack the discipline to contemplate parting with any of my 700,000 shares.

Since Oct 2017 I have paid careful attention to HC and read everything else I could find. Since then AVZ has been mocked and belittled and the BOD have borne the brunt of many attacks on their ability and credibility. Fast forward to today and I can say that every single negative post (eg: missed timeline, sovereign risk etc etc) means "nothing" because we've proven them all wrong. If any of those negative comments were true, we wouldn't be where we are today.

We're experiencing an attack on all 4 fronts, from 4 Goliaths, so it is only natural to question AVZ's ability. We've sailed through arbitration (and saved JAG's nuts) without a single word from the BOD. A Country of no less than the second largest economy in the entire World has us in their cross-hairs and we are winning the battle.

I generally post smart-arsed comical posts with an occasional tug at the heart attempt because I am so comfortable where AVZ is right now. There are enough good quality researchers here and on the crapper that you don't need me posting more.

I'll will however repeat something I used to say to newbies often on the crapper. "We are all different and here for different reasons - what does YOUR trading plan say? Follow it. If it turns against you, learn and re-write your plan." My plan says "sit on your hands".

Cheers.
TC.

PS - don't take it as an omen but "Crumblin' down" by Mellencamp is playing right now

Do you listen to music all day there Count?

 

[TheCount]

Do you listen to music all day there Count?

G'day 'Nut.

Still at home recovering from the detached retina, so it helps pass the day whilst I get some work done too - got to keep the income coming in..

I stumbled onto iHeart Radio Lost 80's hits about a week ago and it brings back many memories!

TC.

 

[LOCKY82]

I would imagine management are constantly consulting lawyers and ASIC on their obligations regards disclosing this or that and would be shocked to hear otherwise. If they did update us everytime something that may be slightly of concern from what's happening on the ground in the DRC I don't think any of us would have a penny left invested in AVZ. I'm sure we all had a good think and some reservations before investing because of location, now imagine announcements ontop of that everytime some snake was sniffing around! I have to trust management and their experience in Africa, and that they are playing between the lines and doing what's in everyone's best interests. The silence can feel deafening sometimes but it's also draining the swamp of all the sneaky buggers! Imo

 

[Winenut]

G'day 'Nut.

Still at home recovering from the detached retina, so it helps pass the day whilst I get some work done too - got to keep the income coming in..

I stumbled onto iHeart Radio Lost 80's hits about a week ago and it brings back many memories!

TC.

Of course

Hope the recovery is going well

I thought all those songs you kept quoting were decidely 80's

Now I know why!

 

[JAG]

1 regret could be not taking profits along the way, sure. That may put a few bucks back in your bank account but you end up with less shares and when this baby flies that just means less profit. Trust me, I get it and question myself often. Easy for me to say with a small entry price, but I do not gloat about it. If I was genuinely concerned about AVZ I would sell down 'some'. Alas, I am not a trader and often lack the discipline to contemplate parting with any of my 700,000 shares.

Since Oct 2017 I have paid careful attention to HC and read everything else I could find. Since then AVZ has been mocked and belittled and the BOD have borne the brunt of many attacks on their ability and credibility. Fast forward to today and I can say that every single negative post (eg: missed timeline, sovereign risk etc etc) means "nothing" because we've proven them all wrong. If any of those negative comments were true, we wouldn't be where we are today.

We're experiencing an attack on all 4 fronts, from 4 Goliaths, so it is only natural to question AVZ's ability. We've sailed through arbitration (and saved JAG's nuts) without a single word from the BOD. A Country of no less than the second largest economy in the entire World has us in their cross-hairs and we are winning the battle.

I generally post smart-arsed comical posts with an occasional tug at the heart attempt because I am so comfortable where AVZ is right now. There are enough good quality researchers here and on the crapper that you don't need me posting more.

I'll will however repeat something I used to say to newbies often on the crapper. "We are all different and here for different reasons - what does YOUR trading plan say? Follow it. If it turns against you, learn and re-write your plan." My plan says "sit on your hands".

Cheers.
TC.

PS - don't take it as an omen but "Crumblin' down" by Mellencamp is playing right now

 

[JAG]

 

[Peterg]

Does anyone have any real news? Loosing faith in the AVZ team.

 

[Samus]

1 regret could be not taking profits along the way, sure. That may put a few bucks back in your bank account but you end up with less shares and when this baby flies that just means less profit. Trust me, I get it and question myself often. Easy for me to say with a small entry price, but I do not gloat about it. If I was genuinely concerned about AVZ I would sell down 'some'. Alas, I am not a trader and often lack the discipline to contemplate parting with any of my 700,000 shares.

Since Oct 2017 I have paid careful attention to HC and read everything else I could find. Since then AVZ has been mocked and belittled and the BOD have borne the brunt of many attacks on their ability and credibility. Fast forward to today and I can say that every single negative post (eg: missed timeline, sovereign risk etc etc) means "nothing" because we've proven them all wrong. If any of those negative comments were true, we wouldn't be where we are today.

We're experiencing an attack on all 4 fronts, from 4 Goliaths, so it is only natural to question AVZ's ability. We've sailed through arbitration (and saved JAG's nuts) without a single word from the BOD. A Country of no less than the second largest economy in the entire World has us in their cross-hairs and we are winning the battle.

I generally post smart-arsed comical posts with an occasional tug at the heart attempt because I am so comfortable where AVZ is right now. There are enough good quality researchers here and on the crapper that you don't need me posting more.

I'll will however repeat something I used to say to newbies often on the crapper. "We are all different and here for different reasons - what does YOUR trading plan say? Follow it. If it turns against you, learn and re-write your plan." My plan says "sit on your hands".

Cheers.
TC.

PS - don't take it as an omen but "Crumblin' down" by Mellencamp is playing right now

maybe you could have a word to my accountant? I've told him it'll be fine but he ain't having a bar of it.

Mind you if I had have listened to that dick head I'd be down 8% instead of up 800%

 

[MoneyBags1348]

G'day 'Nut.

Still at home recovering from the detached retina, so it helps pass the day whilst I get some work done too - got to keep the income coming in..

I stumbled onto iHeart Radio Lost 80's hits about a week ago and it brings back many memories!

TC.

I’m glad you and Nuts cleared that up Count, I don’t know why I keep thinking you had an operation for a detached rectum!

 

[ptlas]

Fuck me

I may as well go back to the Crapper

View attachment 15842

View attachment 15843

You don't need to.
It's come to you

 

[TheCount]

I like the sound of that either or why not both?

maybe you could have a word to my accountant? I've told him it'll be fine but he ain't having a bar of it.

Mind you if I had have listened to that dick head I'd be down 8% instead of up 800%

In my opinion, Accountants are there for an opinion on HOW to navigate the statutory frameworks and NOT for investment advice.

To be honest - it is none of their business what you do with your investment choices. If it's in an SMSF, the Auditor 'may' make a comment (but rarely have) about the potential risk - but FFS until last week it was an ASX200 company!!

Any reason to stay with your current guy?

TC.

 

[Winenut]

In my opinion, Accountants are there for an opinion on HOW to navigate the statutory frameworks and NOT for investment advice.

To be honest - it is none of their business what you do with your investment choices. If it's in an SMSF, the Auditor 'may' make a comment (but rarely have) about the potential risk - but FFS until last week it was an ASX200 company!!

Any reason to stay with your current guy?

TC.

"In my opinion, Accountants are there for an opinion on HOW to navigate the statutory frameworks and NOT for investment advice."

Very true words there Count

 

[9cardomaha]

My accountant when i ask him how i can reduce CAP gain payment.

 

[Winenut]

View attachment 15896

Arbitration

Arbitration

Arbitration

Arbitration

 

[JAG]

Arbitration

Arbitration

Arbitration

Arbitration

My balls are safe. Always have been

 

[TheCount]

View attachment 15899

My accountant when i ask him how i can reduce CAP gain payment.

Don't be afraid to ask CGT queries here too. @Thaz is a great resource and will gladly give you generic commentary.

Every shareholder should understand the basics of the tax implications of their investment - and take it as far as you are comfortable with... No harm in understanding the CURRENT treatment of income versus capital etc etc and throw in a few 'what-ifs' too..

Then work on "levelling-up" and learn to ask better questions of your Accountant!

TC.

 

[Samus]

Maybe my villa will end up close to yours?

Although I do like Liguria as well

All depends on AVZ really I'll be happy at either with a Connoisseur of fine tastes as a neighbour.
Otherwise I'll be with the other expats somewhere in the regions revitalising some old dilapidated ghost town in a run down villa that costs 12000 euros. Either way we'll keep in touch

 

[Azzler]

I've often wondered if there's decent tax benefits, without too much faf, in getting an ABN and claiming to be a "Professional Trader."
I did look into claiming home office space in this circumstance, but the rules are pretty crap trying to get that action, like I think you need a visible business sign outside you house.
Apart from claiming the odd computer and office chair, I don't think there's much in that.
Anyone got some real life experience doing this? Feel free to share.