Frank
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AVZ Discussion 2022
- Thread starter GazDix
- Start date
Cumquat Cap
Regular
Anyone heard any news at all, has Manono been mentioned in any of those shitty grainy videos yet? Watched about an hours worth on Wed night and it was usual waffling on about commitments, dialogue et all - all crap
All I'm suggesting is that a name-and-shame campaign is premature at this stage, driven as it is by mis-placed hearts and no head.
Thus it's more likely to be counter-productive than not, evidenced by the fact no one can detail the benefit to AVZ whilst mired in negotiations.
We are not yet in the position which First Quantam, for example, once found themselves after having their mining lease expropriated by the DRC govt. Yet with careful management and patient, professional strategies they were eventually compensated:
For resource companies, the good news is that they can fight back. Aiming to regain control or get compensation, First Quantum retaliated with an aggressive, multi-faceted campaign on three continents. This exhibited deft use of political pressure, international law and the powerful weapon of shame. And that’s why, a couple of months ago, the first instalment of a $1.25-billion peace offering arrived in the company’s bank accounts. This is the story of how the company got taken for a ride in one of the world’s most corrupt countries, fought back and won. (my emphasis)
Compare this approach with the scatter-gun approach being utilised by emotional and impatient shareholders who IMO have jumped the gun, without AVZ's imprimatur.
Such a sensitive campaign is the job of crisis management professionals, retained by our BOD, if and when the time is right.
https://archive.canadianbusiness.co...th-enrc-for-compensation-over-congolese-mine/
Retrobyte
Hates a beer
*Yep, They didn't realise that it's Pants First - Then Your Shoes
Love the attendees in the conference room with their hard hats still on! Maybe they are concerned that one of the disgruntled AVZ shareholders from Twitter will be there and start throwing chairs?
Premature? You are kidding.
@John25 , how many weeks have we been in suspension as of today?
(You'll have to wait for a bit for John to update us, he's had to go back to work like a lot of people due to the delays caused by the corrupt asshats.)
You are correct. We have NO IDEA what is going on, since or world class BoD has communicated fuxk all since the roadshows when they indicated possible resolution in November last year.
For the hard of hearing, the DRC, Felix, Z and C will try to screw us regardless of what we put on social media. Negotiations will all be related to AVZ dropping legal proceedings. This is about countering and correcting misinformation for other audiences and keeping our reputation intact.
9cardomaha
Regular
Stellar fucking write-up.
One thing that caught my eye:
Fasken is the legal team representing ZJ - just thought it was interesting, no conspiracy theories, but fucking lawyers..... not doing what's right but doing what pays most.
Here is an interesting piece, courtesy of Reuters, about China's growing reliance on domestically mined lepidolite as an alternative route to lithium carbonate.
However, as usual, there is a cost disadvantage in using secondary quality inputs. Separating lithium from lepidolite is approximately twice as costly as from brine and spodumine. If brine and spodumine prices tail off, as additional mines come on line over the next five years, then China's reliance on lepidolite may be uneconomic.
www.reuters.com
Cheers
F
However, as usual, there is a cost disadvantage in using secondary quality inputs. Separating lithium from lepidolite is approximately twice as costly as from brine and spodumine. If brine and spodumine prices tail off, as additional mines come on line over the next five years, then China's reliance on lepidolite may be uneconomic.
In China's lithium hub, mining boom comes at a cost
The city of Yichun is ground zero in the country's push to cut its reliance on imports of the metal for its battery industry, which makes three-quarters of the world's lithium-ion batteries.
Cheers
F
"First Quantum worked diplomatic channels. Under international law, the Canadian government is obliged to protect its citizens and corporations from unlawful abuse abroad. "
One must ask, does Australia have a similar policy?
Cumquat Cap
Regular
Very interesting, have posed a few questions to Fasken's twitter page in regards to ESG and representing known poverty mongers, see what we get back
seems a bit out of line. its a valid argument and one that should be able to be discussed in an open and respectful way.
you're hard work moneybags. I daresay I'll get abused now or threatened with physical violence.
Samus
Top 20
That exemplifies about as much diplomacy the DRC government deserve from shareholders too. They've had their chance to do the right thing going on 24 months or more. Dopey pricks.
What really does one's head in about all this is that the people are the ones who will suffer most of all, for the sake of the greedy few and their gutless leader.
I'd say they can't afford to make any rash decisions based on being upset by angry shareholders on social media. If they do it'll probably be to our benefit in the long run.
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MoneyBags1348
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No Jason, I won’t abuse you and I’ve deleted the post. That arsehole had a go me months ago because I had a shot at teabag tom…. As if that prick deserves anyone running to his defence
I don’t trust this bloke and I don’t believe anything he posts but people here can believe whoever they want. All shareholders have to do is look at what people say on here and they should be able to work things out. I replied to @Onthefm earlier and he doesn’t seem to think information posted on the internet has any effect on public, corporate and political opinion. I don’t think he has kept up to date with the world and technology or he would realise the greatest impact on those opinions is through the media and internet.
I think those people who believe we shouldn’t be posting the information on media sites are probably the same ones hoping for a $1.50 takeover, when we are worth multiples of that which is what Nigel would aim for through international arbitration.
Sick of wasting my time here mate, I personally contacted africaintelligence.com and several other media sources this morning because I don’t rely on others to support our cause. The media sources I contact are anti corruption and respected sources
Same people here who do absolutely nothing
Update.
I have received a good response to the share holder catch up, and a number of direct messages. So this event will be proceeding.
Before the last roadshow a number of holders met up at Young and Jacksons pub in town. Its a good central location, access to transport, and the majority of us are familiar with it. We will be in the side room on the Flinders street side.
Will be there around 6:30pm Tuesday 27th June.
As mentioned previously, and particularly to recent holders. Don't expect any inside info that is going to miraculously change your feelings about this situation. But you can expect to meet people who can fill in some gaps for you, and possibly clarify the potential outcomes from here.
Lurkers and trolls you will no doubt have something to say on this, so i have prepared some notes for you to cut and paste so you can get back to whatever you do...
"AVZ shareholders set up support group in Melbourne LOL, lost cause..."
"AVZ holders seen hugging, crying and throwing up in laneway off flinders street, all Nigel's fault"
"Baggies seen applying for job at local Melbourne bar, manager charges them $100m and a 6 year unpaid trial instead, then gives the job to their cousin"
"AVZ SH's pool their funds in cap raise to buy a kebab and get an uber home, only to find 15% of their home missing"
Good initiative mate.
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