AVZ Discussion 2022
- Thread starter GazDix
- Start date
Very likely they have more than 5%, however, I don't know why they don't call EGM or whether they have enough numbers to spill. those 3 are just clowns serving their masters, imo.Well if they couldn't get to 5% to call an EGM, I doubt they will have any numbers to be worried about. If they could have called an EGM, they would have. This rubbish is the best they can do.
Also, there is a long time till the AGM, if AVZ sort their shot out tomorrow or within two months time to the satisfaction of shareholders, their piss weak effort has been a complete waste to time, I assume you agree?
Lastly, even if for some reason there are matters outstanding (still) by the time the AGM comes around, the person with the microphone who has done the hard yards over the last 6/7 years and can explain themselves will crap all over these poor quality and dubious nominations. The only way one or all of these three dickheads get on the board is if Nigel and friends resign IMO.
Do you agree?
Cheers The Fox
Xerof
Flaming 1967
Q1. How long has Fat Tail held 0.14% of AVZ shares? Note it was only established on 23 March 2023, with capital of $10Well one post specially related to $AVZ by Deboss certainly proved true ; I suppose you look for the $AVZ as opposed to theand then working one’s self up trying to speculate what the
Wonder if Deboss rattled the tank and knocked the snake out 12 months ago…. Where would we be now if PH wasn’t booted
View attachment 44072
Q2. Did PH sell them to Fat Tail?, as PH shareholding was 0.14% (Apparently no longer held in EQUITY PLAN SERVICES)
Q3. If transacted off-market, what price was negotiated?
Q4. Is Fat Tail a 'clean' owner, or does PH still retain a relevant interest in those shares, which were used by Fat Tail to nominate the 3 stooges. If the latter, it's illegal
@Deboss
Last edited:
oxxa23
Regular
Some comments
1) $10 doesn't really matter, that's standard practice, when purchased off market the other side will be a loan owing to someone, using the shareholder of fat Tail (i.e. loaned the money to the company to purchase the shares)
2) technically it would have to be a sale, well at least for tax purposes...ato says if an related party transaction capital gains are assessed st market value, regardless of what any paperwork says
4) really is unknown, but, the avz announcement basically said he still had an interest in fat... I assume Peter must be a non resident for tax in Australia, otherwise it's odd he would transfer shares into a company, rather than a trust... a company when it sells shares won't get the 50% cut discount, whereas a trust would... but, if he was non resident it wouldn't matter and a company would make sense.... of course, he also may have believed he and Cong would be successful and the avz shares worth sweet f all...which would avoid cgt burden....
oxxa23
Regular
Hey obe,Well one post specially related to $AVZ by Deboss certainly proved true ; I suppose you look for the $AVZ as opposed to the
Wonder if Deboss rattled the tank and knocked the snake out 12 months ago
View attachment 44072
Wasn't the letter being shared on twitter to Nigel requesting Peter's resignation dated back in 2020? Yet the resignation was 2022 which matches deboss commments above... i better double check later when I have time
I am more interested to hear what options we have to get our performance shares back from this traitor.Well one post specially related to $AVZ by Deboss certainly proved true ; I suppose you look for the $AVZ as opposed to the
Wonder if Deboss rattled the tank and knocked the snake out 12 months ago
View attachment 44072
Hodlandwin69
Regular
Jen's said 2020 was a typo. Kinda classic from AVZ at this point given the number of typos in their announcements.
But yeh apparently was meant to say July 2022. (See twitter)
Samus
Top 20
From September 6 to 9, 2023, the CAMI will start its work on preparing budget forecasts for the 2024 financial year. During this 1st day, the Chairman of the Board of Directors, the Honorable Crispin MBINDULE, as well as the Director General, Mr. Paul MABOLIA, shared key orientations with the members of the commission to enable CAMI to efficiently and effectively achieve the missions assigned to it. In the afternoon, the work of the commission was launched under the coordination of the Deputy Director General, Mr. Jacques MUYUMBA #MinesRDC #RDC
Xerof
Flaming 1967
Thanks mate, I'm not familiar with the nuances of Australian tax law, but my main point was to shine the torch into areas of possible interest, especially the 'association'. But then, surely these guys are smart enough to not make fundamental errors, surely?
I'll let it rest, said my bit and await debosses next reveal
DiscoDanNZ
Regular
Well one post specially related to $AVZ by Deboss certainly proved true ; I suppose you look for the $AVZ as opposed to the
Wonder if Deboss rattled the tank and knocked the snake out 12 months ago
View attachment 44072
Related?
I don't remember anyone on here organising this.
Surely if you breach company policy (sharing confidential information) you are in breach of contract and lose all entitlements?
No chance - 没有机会
Still worthy of a countdown. These countdowns are the highlight of my day at the moment. Even when I have no idea what we’re counting down to.
….what adventures have we today 
"And while I’m at it, calling Tshisekedi names is another thing that’s not smart"
"the piss weak wanker DRC president"
ooooops, sorry Money, my bad, but ..............its true
It would be interesting if the same owner of that letter sends another letter requesting the company to dismiss the same director nomination.
Regards,
"The sale of Manono's lithium mining assets in favor of the South Koreans KUM YANG, in violation of the laws of the Republic, despite the damning conclusions of the General Inspectorate of Finance against COMINIERE, DATHOMIR and ZIJIN is worrying"
NEWSECONOMY
Where are we with the memorandum of understanding on lithium from Manono of the public company RD Congo with the Koreans of Kum Yang?
September 6, 2023
Kiki Kienge
By Kiki Kienge
“As members of the Congolese Civil Society, we want the Congolese population to be informed of the true value of the mining assets to be transferred to the trading firm Kum Yang in the name of the agreement signed and announced yesterday by the Korean media. If it is a public company that has signed the agreement to transfer its shares, the population deserves to know the mining Permit(s) concerned, its (their) location(s) in relation to the mining Permits other companies to avoid unnecessary conflicts and especially not to continually block the Dathcom Mining project eagerly awaited by the populations of Manono. » Declaration of civil society organizations and platforms.
It is a memorandum of understanding that has almost gone unnoticed by the Congolese population, an agreement for the exploitation of lithium in Manono in the province of Tanganyika by the Koreans of the trading firm, Kum Yang with a Congolese "public company" , signed on October 12, 2022 by both parties.
An agreement that should lead to the creation of a joint venture where the Koreans were betting to obtain 60% of the shares with an investment of only 35 to 40 billion Wons (24,480,673 $US to 27,980,652 $US).
"We expect to complete this agreement within 1-2 months of signing this MoU and acquire more than 60% of the mining stake by spending 35-40 billion won (the South Korean currency) for initial development capital expenditure. » Said Park Soon-hyuk , public relations director of Kumyang.
The said Congolese public company had made available to the Koreans of Kum Yang a mining area in Manono surrounding or "part of" permit 13359 already granted to DATHCOM, on which the Australians of AVZ MINERALS have already carried out the feasibility study which has promoted Congolese lithium internationally.
This mining perimeter would contain large quantities of lithium, tin and coltan and others had reassured the officials of the Congolese company signatory of the memorandum of understanding, would represent approximately 36% of the AVZ MINERALS mine area, of which the Initial geological exploration had shown that the DATHCOM mine and the lithium mineral vein are also connected there, so the reserves should be at the same rate level.
Congolese Civil Society organizations and platforms specializing in mining issues (Justicia Asbl, LICOCO, RND Asbl, POM, MDR, GANVE, CDH; ESPOIR ONG, RCEN, CERN/CENCO, TPRDC, MAX IMPACT) had raised to denounce this agreement which they have qualified and defined as; The sale of Manono's lithium mining assets in favor of the South Koreans KUM YANG, in violation of the laws of the Republic, despite the damning conclusions of the General Inspectorate of Finance against COMINIERE, DATHOMIR and ZIJIN is worrying.
“In all cases, this signature took place with a Congolese company
private or public predatory mining assets of the country in Manono that the institutions of the Republic have the legal obligation to identify and especially to sanction taking into account the conclusions of the IGF Report. Our organizations and platforms recall that to date, individuals and private companies cited in the sheet of conclusions of the investigation of the General Inspectorate of Finance (IGF) which is a Service of the Presidency of the Republic, such as responsible for selling off the assets of COMINIERE and alleged perpetrators of criminal offenses, continue to operate and make money on the backs of the Republic and its population, of which we are a part. »
The memorandum of understanding was published by the Korean media, Paxetv.com on October 13, 2022 signed by journalist Park Na-yeon kk020419@paxetv.com, here is the article:
Geumyang “The first step in securing key minerals for secondary batteries in Africa”… Signing of lithium mining agreements
On the 12th, Geumyang signed a memorandum of understanding with a local resource development company to acquire development and ownership rights to the Manono mine in the Democratic Republic of Congo, which is believed to contain significant deposits of lithium, tin and coltan.
The mine, owned by AVZ, is one of the largest lithium development projects in the world, with estimated reserves of 4 million tonnes of lithium ore, with a high grade of 1.65% lithium in the ore .
According to a physicability study published by AVZ in 2020, it is estimated that 70 tonnes of spodumene can be extracted annually for <> years.
According to Geumyang officials, the area where the MOU was signed represents approximately 36% of the AVZ mine area, and following initial geological exploration, it was found that the AVZ mine and the Lithium veins are connected, so the reserves should be at the same proportion level.
Park Soon-hyuk, Public Relations Manager of Geumyang, said, “We expect to sign this contract within 1~2 months of signing this MoU and secure over 350% stake in the mine. by spending 400 billion~60 billion won as the initial development investment cost. »
Où en est-on avec le protocole d'accord sur le lithium de Manono de la société publique RD Congo avec les Coréens de Kum Yang ? - Kongo Presse
Par Kiki Kienge « En tant que membres de la Société Civile congolaise, nous souhaitons que la population congolaise soit informée de la vraie valeur des actifs miniers à céder à…kongopress.com
"This mining perimeter would contain large quantities of lithium, tin and coltan and others had reassured the officials of the Congolese company signatory of the memorandum of understanding, would represent approximately 36% of the AVZ MINERALS mine area"
Another layer of wank ?
Kibeya needs to seek help desperately, he is seriously deranged ...
@Louweeza
Sorry, but Kibeya is a bigger KUNT than that whale and Tommy the turd is a angel in comparison....
Similar threads
