AVZ Discussion 2022

[Xerof]

But why would they use such a shady method? Just to find out who is willing to sell?
In every german forum i have looked no one believe that this is a real offer. People get calls from a guy named michael Bergmann who say his job is to handle the german shares for deeland. A few hours later a other guy named Alexander Weber calls and say the same. And was surprised after hearing that a other guy from Deeland had already made a call. Both used the same telephone number. That’s typical for scam calls. I would understand when it’s a real save transaction, and I know a lot would take that opportunity to get out of this mess. But that method makes really no sense to acquire enough shares for a bod seat.

A lot german holders trying their best to find out if that offer is real, everyone get that shady calls and a 2 page contract that could create every monkey. Which multi billion company would use this way when they are serious to take control?

Pleased to hear no-one seems to want to take it up. We did hear from someone though that the first 50mill was completed. Can you confirm that is correct? Seems very surprising given the disbelief and distrust evident

why use this method? Because the liquidity isn't available to anyone whilst AVZ is in suspension, and it seems Germany etc is their only avenue to try to get shares off current shareholders. We've had lots of locals say they wanted to do off-market deals but has anyone ACTUALLY done one in OZ?

 

[Carlos Danger]

Some interesting post from captain damuck on hotcrapper. He is from switzerland and got 2 phone calls from deeland. Of course I have no idea that everything he said is legit.

One point from him:

„Here's the next update on this saga. I just received another call. This time much friendlier but still very persisting.
I asked a few more questions and although the guy could not mention who's behind all this, he mentioned that it's an Asian player with big connections. Again I asked what's to gain for his customer if AVZ will not trade again. He mentioned that worst case, SHs will face a squeeze out.“

I have no idea about the asx/Australia laws but after the website obe wan have posted a squeeze out can happen when one person have 90% of the shares.

It really sound 100% like a scam, use fear to get a few people who don’t understand the situation to get their shares. The dumb ones get in the trap.

A big asian player use deeland a micro company in UK who don’t work under regulations to buy shares in Germany/Austria/Switzerland to get enough shares for a squeeze out, because they know AVZ will never trade again?
They firstly bought 50 million shares, now 50 million again. I’m not sure in this three country’s are enough shareholders to get the complete amount of 100 million shares. But no problem when they reach 100 million they even don’t have 3% shares that’s the master plan of a big asian player? Loosing 3 month’s of time to get 100 million shares from Europe shareholders. I would understand when it’s a real offer for every shareholder under a save and regulated buying process.

Theoretically a big asian player like zijin or catl want to get our shares to kick us out, they would never never never use such a stupid way. Buying europe shares and use the international big player Deeland for it when this is really the begin of a master plan they smoked to much crack when they started it. When people don’t think it’s a scam and it would be save I think a lot would sell for 1€. And then a plan to get a management seat would be possible.

The whole Deeland deal smells fishier than Jags lobster traps to me!

The second offer, as well as improving the price, has improved the terms of settlement. Once a 'contract' has been signed, they pay, then seller initiates the share transfer on a timely basis. I'd like to see the contract, so Carlos Dangerous can make sure thats watertight. The catch is 'signed by both parties'

Before I am ready to be convinced that this could be 'genuine', I'd like to hear confirmation from a single person who has signed a contract, received the full payment and successfully transferred the shares.

otherwise the bargepole remains in place

BUT.....

Some unsavoury thoughts:

We know that any Chinese entity would be unable to make a TO offer for AVZ directly
We also know they could buy DATHCOM shares from AVZI/AVZ, if they could get approvals from the Boards of Directors
So......they need to get control of the B'sOD

how do they possibly do that you say? well, firstly, you start a class action to unsettle the register. Secondly, you start picking off selected shareholdings where you legally can - the German et al exchange holdings. Then you call in all the ASX REGISTERED 'sleeper' shareholders who hold individually, but are aligned to the cause, and who the fuck knows how many of them there are. Nominee companies are also very dominant in the T20, and could also be holding for the cause

then you call an EGM, roll the board with your voting power, and we all know what would happen next

sounds familiar to a story related to the Deeland offers on the crapper yesterday and this morning

I sincerely hope I'm having a nightmare

An EGM was in my thinking. Does anyone know how many shares/votes would be required to force one?

Your ASX sleeper could be LITHIUM PLUS PTY LTD ; all links back to ‘CHYNA’ , but are an Australian registered company and have been registered in Australia now for over 3 year 5/18 ; 5% holding in AVZ ….

For me , these guys have always been in hibernation mode ; came out of no where, doodled in some half hearted lithium projects to look the part imo

Maybe the Deeland offer is legit. Maybe it isn't. It could be a test in a smaller market to see what price the market will accept before expanding to ASX holders (which is what Deeland said they were doing in their initial offer) or it could be a ruse to promote the class action and the offer will be pulled by Deeland at the last minute.

Management have repeatedly said that the problems AVZ are facing are due to the collusion between Zijin, CAMI, Cong and AJN. So they are obviously the prime suspects to also be behind these shenanigans.

I think the main target of all this Palpatinianesque conniving is to unsettle the AVZ board. And I can see only one reason for that. The AVZ board are winning.

If hypothetically the board was spilled it would set back the negotiations with the DRC government immensely. The last thing we need is to have to start all over again especially if the new board are potentially Zijin puppets. That would only benefit the jackals at this point imo

I've had a few people here message me privately thanking me for the info I post. The main reason I post here is because AVZ management were very clear about what the problems were at the roadshows and the AGM. That was then backed up by the IGF and journalists like Franck Fwamba using verifiable source documents.

I have been more than critical of AVZ management at times and will always call out anything I think they are doing wrong. But all of the facts back up their reasons for the suspension. I repeatedly saw the hyenas in here trying to get AVZ shareholders to take action against the board using disinformation and realised what they were up to.

This type of behaviour by whoever is behind Deeland and the class action shows desperation. It's clear to me that we are in the end game now. Everything the light touches is our kingdom.

Oh and @Xerof . Even I wouldn't trust my ability to review a contract from Deeland enough to sign it

 

[MoneyBags1348]

Whatever external strategies are in play, they have the best chance of succeeding while we remain without the ML and suspended. I'm sure the Green Witch and Jean Cleaude Van Damme continue to receive plenty of "encouragement" to remain sitting on their hands.

Cmon bro don’t use jean cleaude to compare with that bunch of assholes, he was a legend.

My mother was Belgian, my godmother was German and my great second cousin was in the gestapo…. If you want to know who’s making the phone calls you want this bloke to ask the questions

 

[Xerof]

@Carlos Danger

I hear you and subscribe to your sentiments.

I think it is important to put all this shit out there, just so people can understand that this sort of devious behaviour is possible, probable, and if left unattended, can be successful. I for one have seen Z spots in real life before, and I can tell everyone, they haven't changed. Any cursory reading of what they have done in DRC and other parts of Africa confirms they will go to all and any lengths to have their way (NKP was South African platinum)

 

[The Fox]

Your ASX sleeper could be LITHIUM PLUS PTY LTD ; all links back to ‘CHYNA’ , but are an Australian registered company and have been registered in Australia now for over 3 year 5/18 ; 5% holding in AVZ ….

For me , these guys have always been in hibernation mode ; came out of no where, doodled in some half hearted lithium projects to look the part imo

Lithium Plus purchased a 50million parcel of shares on the last or second last day of trading. On a side note, Canacord had a 76 million parcel they sold at the same time for a gross profit of approx. $100m. The sell-off by Canacord was timed for the announcement of the Mining Licence being approved by MoM, it was just pure profit taking, not expected to crash the SP, but the timing certainly didn't help when correlated with unfavourable news being released by certain manipulators and DRC looters. IMO, if Canacord decided to hold for the long term the SP would have settled around $1.00 or more when suspension hit IMO, not 78cents.

I looked into Lithium Plus as well, suspect nominee directors in Australia. AVZ announced the following on the 27th of Feb 2019.

• AVZ welcomes a new strategic investment by Lithium Plus which has subscribed for $3 million in thePlacement for an initial 3.46% interest in the Company
• Lithium Plus is a specialist lithium investment company led by Mr Bin Guo who has close links to the battery manufacturing industry in China and is also a director of North American Lithium Inc.

So yes, it's all China related Obe.

Cheers The Fox

 

[John25]

Happy 35 weeks

 

[Xerof]

The only one who say the first trance is done is deeland at the telephone. How do you think they have done it to collect 50 million shares in 10 days over the Christmas days and new year? When the offer is only to german shareholders and after the deeland guys at the telephone now for austria and switzerland and no information from our banks that a offer exist, just 2 dodgy site’s and the bundesanzeiger who clearly warning at the front page that they have a lot scam offers on their own website. We just hear from that offer from a few persons on twitter and a rare amount of people in some forums. How could that shit be legit?

Well, it's possible it is a 'real' scam. You have spoken to 'real' people, who seem desperate to get hold of some AVZ shares.

We just need to expose it for what it might be, who might be behind it, and for what reasons they would go to such extremes. The more it's publicised as a crock of shit, the better, IMO

 

[The Fox]

Happy 35 weeks
View attachment 26305
View attachment 26306

Is that Jens? Looks like he has some new tricks.

 

[Xerof]

Happy 35 weeks
View attachment 26305
View attachment 26306

Whats he going to do? glue a pineapple up someones arse?

 

[MoneyBags1348]

The only one who say the first trance is done is deeland at the telephone. How do you think they have done it to collect 50 million shares in 10 days over the Christmas days and new year? When the offer is only to german shareholders and after the deeland guys at the telephone now for austria and switzerland and no information from our banks that a offer exist, just 2 dodgy site’s and the bundesanzeiger who clearly warning at the front page that they have a lot scam offers on their own website. We just hear from that offer from a few persons on twitter and a rare amount of people in some forums. How could that shit be legit?

Well, it's possible it is a 'real' scam. You have spoken to 'real' people, who seem desperate to get hold of some AVZ shares.

We just need to expose it for what it might be, who might be behind it, and for what reasons they would go to such extremes. The more it's publicised as a crock of shit, the better, IMO

I think the scam is being run by these two evil geniuses…. Simon Cong and Klaus Eckof

 

[Misfits]

If you think I'm losing the plot, I'm sure @Misfits will confirm this scenario has largely already been played out by Zijin in another company that used to be on the ASX - NKP, where they 'stole' most of the company via convertible bonds, and partaking in share placements, then trashing the SP on the ASX platform.

They eventually made a terrible lowball TO offer (this was before FIRB would have ever picked up on the nuanced screwing of Australia), having replaced the BOD with dummy directors (paper bag recipients most likely), who recommended the TO

Well, fuck me, our group of dissenting shareholders are still in court in Bermuda, awaiting legal proceedings to commence to get a fairer payout price. I won't even mention the dirty tricks done behind the bike sheds during the course of the challenge (fake DFS's, dummy company registrations in order to illegally transfer mining licences) - oh shit, I have, sorry about that

100% Xerof, 2016 it started with NKP and we are still going, albeit some confidence it will be sorted this year. Zijin are corrupt and don’t give a shit about SH. We were given 10c and been fighting for what is to be a fair price. I even sent AVZ the legal paperwork that has been given to SH so they could see what they potentially could be dealing with. I obviously received approval from our leader at NKP to do this. Hoping I/we don’t go down this same track with these corrupt Chinese. Surely not…..

 

[Onthefm]

Maybe the Deeland offer is legit. Maybe it isn't. It could be a test in a smaller market to see what price the market will accept before expanding to ASX holders (which is what Deeland said they were doing in their initial offer) or it could be a ruse to promote the class action and the offer will be pulled by Deeland at the last minute.

Management have repeatedly said that the problems AVZ are facing are due to the collusion between Zijin, CAMI, Cong and AJN. So they are obviously the prime suspects to also be behind these shenanigans.

I think the main target of all this Palpatinianesque conniving is to unsettle the AVZ board. And I can see only one reason for that. The AVZ board are winning.

If hypothetically the board was spilled it would set back the negotiations with the DRC government immensely. The last thing we need is to have to start all over again especially if the new board are potentially Zijin puppets. That would only benefit the jackals at this point imo

I've had a few people here message me privately thanking me for the info I post. The main reason I post here is because AVZ management were very clear about what the problems were at the roadshows and the AGM. That was then backed up by the IGF and journalists like Franck Fwamba using verifiable source documents.

I have been more than critical of AVZ management at times and will always call out anything I think they are doing wrong. But all of the facts back up their reasons for the suspension. I repeatedly saw the hyenas in here trying to get AVZ shareholders to take action against the board using disinformation and realised what they were up to.

This type of behaviour by whoever is behind Deeland and the class action shows desperation. It's clear to me that we are in the end game now. Everything the light touches is our kingdom.

Oh and @Xerof . Even I wouldn't trust my ability to review a contract from Deeland enough to sign it

 

[LX600]

100% Xerof, 2016 it started with NKP and we are still going, albeit some confidence it will be sorted this year. Zijin are corrupt and don’t give a shit about SH. We were given 10c and been fighting for what is to be a fair price. I even sent AVZ the legal paperwork that has been given to SH so they could see what they potentially could be dealing with. I obviously received approval from our leader at NKP to do this. Hoping I/we don’t go down this same track with these corrupt Chinese. Surely not…..

I didnt follow the whole story, but I can see 10c is much higher than the few years' trading price right?

 

[Flight996]

@Carlos Danger

I hear you and subscribe to your sentiments.

I think it is important to put all this shit out there, just so people can understand that this sort of devious behaviour is possible, probable, and if left unattended, can be successful. I for one have seen Z spots in real life before, and I can tell everyone, they haven't changed. Any cursory reading of what they have done in DRC and other parts of Africa confirms they will go to all and any lengths to have their way (NKP was South African platinum)

I understand that Zijin Mining is also in the box seat to re-open the Porgera Cu/Au mine in PNG.

Cheers
F

 

[Misfits]

I didnt follow the whole story, but I can see 10c is much higher than the few years' trading price right?

Fluctuated between 6c and 10, closed at 9.9. It's not just about what the SP price was trading at, but what the project is worth. Zijin played so many dirty and illegal tricks and have been caught out, red handed with documented proof, as briefly mentioned by Xerof. Their time will come with NKP and AVZ, IMO.

 

[BEISHA]

AVZ should issue a warning regarding Deeland - here's an extract of a the German lawyer's warning...

https://anlegerschutz.blogspot.com/2023/01/unseriose-offentliche-kaufangebote.html?m=1

"The potential purchase volume is well over EUR 100 million. At TLG alone, with a volume of 1 million, the sought-after no-par value shares amount to almost EUR 40 million. The most recent offer for shares in the Australian AVZ Minerals (publication on January 3, 2023) the volume is over EUR 50 million.

Deeland Investments Ltd. has been entered in the commercial register for a relatively long time (founded in 1952), but is not really financially strong and is obviously undercapitalized for the purchase offers. The share capital of GBP 100 set at the time of incorporation has not been increased since then. The company is classified as a micro company on the Companies House in England and Wales and is not subject to a statutory audit. According to the latest available report as of March 31, 2022, the capital ("capital and reserves") was only GBP 110,897.

The firm describes itself as a "financial trading firm" although it is not licensed or regulated to do so. The statement that the company has "a strong international presence in the financial centers of Europe" is also obviously incorrect."

DEELAND ......."financial trading firm "......................not licensed or regulated .........

 

[BEISHA]

Hey Zijin,

You want to turn me against the board ?
A buy out offer of $4 will do, it would be $3 for CATL but, alas you have accrued a fuckwit tax

Non-stop attacks on AVZ should harden us shareholders against the scum. If anyone wants it then fucking pay up for it !!!

Klaus tough shit you snide fucking arsewipe, the disgraceful way in which you left AVZ and dumped your shares like a baby throwing it’s toys out of the pram because the board didn’t want to sell real cheap to the Chinese, what a fool to only now realise what the rest of the board already knew. Fancy using ‘that’s how they do business’ as an excuse for corruption, cockhead.

AVZ via us shareholders have paid for the development of this tenement in Manono, from initial drilling to DFS it’s all been AVZ, Dathomir have contributed fuck all although they were supposed to, a certain road comes to mind, Cominiere have proven how useless and corrupt they are, so essentially in summation AVZ in spite of its Dathcom partners have done brilliantly to bring this project to the stage of financing and construction.

BOD let’s do the best thing we can do in rebuttal and get the ML, finance and build that fucking mine !

So yea $4 Zijin or piss off


#FuckMupande
#FuckKayinda

 

[BEISHA]

$12 or fuck off.

 

[Dom1974]

I mentioned this over at the Crapper, but I'm of the opinion that if AVZ or shareholders get a whiff that the Chinese are trying to obtain a board seat or any other dodgy tactics with their greater than 10%, everyone would be banging down FIRB's door to investigate and get them back under the threshold. I don't think it matters how they do it, from where they do it or what entity they use if domestically registered, bottom line is that a foreign entity will have greater than 10% in an Australian listed entity. Just have to prove to FIRB and connect the dots to establish the links. And when talking about critical minerals like Lithium, Australian Govt would act like they did previously, possibly with USA whispering in their ear.

Also, if the above is unsuccessful and shareholders find out the one of the Board Directors is a Zijin (or other chinese entity) rep that has come on through dodgy means, how many shareholders would try and gather 5% to call an EGM to remove this Director via 249D. I'm sure 75% of votes would be obtained to oust this person. Maybe this way just replaces one Chinese Director with another, but do it a few times and they will get the picture. All imo.

 

[Flight996]

According to the ASX Corporate Governance Principles and Recommendations, 4th Ed, 2019:

Board members are required to instil a culture of acting lawfully, ethically and responsibly...

For this reason alone, Zijin will not be invited to sit on the AVZ board, regardless of the number of shares it directly or indirectly holds.

Cheers
F