AVZ 0.00% 78.0¢ avz minerals limited

Thanks @sf120 for the insight.putting out on the net - of a...

  1. 27 Posts.
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    Thanks @sf120 for the insight.

    putting out on the net - of a wilfully-malicious, significantly-misleading, unsubstantiated and hapahazadly-compiled report by Boatman is NOT okay.

    Nobody, cognitive and sane, can deny the downward journey from $1.32 to .78 @th was from the fear of the false Dathomir and Commenier claims. Boatman instrumented and misled a large portion of retail shorters and a few other institutional shorters caught off guard by the TH.

    AVZ has repeatedly stated they are legal 75% owner so why the TH, pay up the surface rights to CAMI and get the rubber stamp for the licence to mine. This is the preempting issue. IMO CAMI has sent the surface rights bill to AVZ for 36 or 51% ownership. NF knew this day would come one day ("he will deal with it when he reachs the bridge" - by stating "or else we will go to the court to get it (ML)" during the Canter Fitzgerald fireside chat interview in November 2021 during the first 10 minutes (please watch again). That really got my attention why would MD say such a thing a few weeks after CATH deal MOU!!!

    Nigel was right, the inertia within the DRC corruption cleansing mega task was holding him back.

    now the surface rights bill (a few thousand USD is to be paid on 36, 51 or 75. Whatever number is picked from these three gets "written on stone" and is legally binding and which importantly determines the major shareholder(s) of the mining entity.

    Nowhere to go, brakes are applied by the CAMI to a screeching halt for a determination to be made that monetarily effects all shareholders and hence the trading halt.

    It is okay to rush through the process in a hush hush manner for a 51% majority ownership and get the licence, get the $240 million from CATH and rest FDI debt funding, release the FDI and go mining. A professionally run entity (with strong core ethical values) that has a monster-beast in resource (quantity, quality, purity, at surface) and for a mineral (lithium) whose super-cycle began in early-mid 2020 catapulted by the thematic macro backdrop, never rushes into ownership establishment. It takes as much time and money as needed to address the issues at the roots so it never has the "soil and water" to emerge ever again.

    This is what AVZ ticker is going through and BoD wanting it just this way.

    if Boatman and other serious shorters get third-degree life threating burns (instead of first and second) from the TH fire, then so be it.

    AVZ will take more than necessary time to resolve each and every (even if a minor admin. or proactive legal concern) issue, nailing the coffin of corruption with DRC full support, one nail at a time until the last has been hammered deep.

    if this takes 2 months or 6 or 12 or 15 - it does NOT (and should) matter. What is important here is to set the precedent (for the first time in the "new" DRC) that foreign companies are welcome in the DRC now with their knowledge, experience and money so that both can win-win situation.

    and Darling community and! do not worry unnecessary, we are NOT loosing time. The project is accelerating the day lithium super cycle began to this day, when man-camp is getting built, cranes machinary is getting on site, roads and bridges are repaired, and importantly all studies (ESG, Collab, power plant, SEZ, etc) and expansion scenarios (Li2H, PLS) are getting completed to be legally released after ML issued. So, yes no one is loosing time, sit tight.


 
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