Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

0.00%

78.0¢ avz minerals limited

best post of the day, thanks for sharingAs you say you have to...

First 453 Last

Share
Profile

Follow
sf120

3,008 Posts.

3633

07/02/23

22:35

Post #: 66126611
Share

Originally posted by combaste: ↑

Hello investors.
I'm reading some big misconceptions here.
I'm trying to show this correctly, process by process.

1. The two notices of January 28, 2023 were issued because the notice of May 2022 is inadmissible under the Mining Code. The property was divided under the old decree and the mining license was only granted for a portion. At the same time, other companies have applied for the second part. This is illegal under the Mining Act.
Result: We are "go" again. The initial situation is restored. No more and no less.

2. Do we have 60% or 75%?
This is a completely different process and will be clarified in the ICC proceedings in Paris, which AVZ initiated against Dathomir. (The only question is whether the sales contracts are valid 10% +5%)If we win we have 75%If we lose we have 60%So that has to be evaluated individually and we will get a clear result.

3. What about Zijing vs Cominiere?
This is a completely different process that AVZ has nothing to do with to begin with.Zijing has launched an ICC case against Cominiere in Paris because Cominiere sold 15% of Zijing's shares, although they are not and cannot do so as AVZ has a right of first refusal.Win Zijing, they have 15% and Cominiere 10%If Cominiere wins, Cominiere has 25% and can fulfill AVZ's right of first refusal for another 15%.10% always goes to the DRC from the state company Cominiere!

I have deliberately omitted any mention of corruption, ethics, morals, etc.
Because those are the facts. The law only cares about the facts.You have to look at it completely abstractly and soberly.

If all laws are followed according to the known facts, AVZ should end up owning at least 75% (AVZ vs. Dathomir).
What happens between Zijin and Cominiere is more difficult to assess and we cannot assess.

The AVZ is expropriated requires a plausible justification. It's not as easy as you think. To our knowledge, AVZ has always behaved correctly. There is currently nothing to suggest expropriation.

Greetings from Germany
Combaste

Expand

best post of the day, thanks for sharing

As you say you have to be logical in the review

Your summary is all fact, everything else we continue hear is assumption and I wish hotcopper can go back to facts, else we waste time here

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

PR1

Fourfold skarn increase points the way to viable garnet project, says Pure

Earnings wrap Monday Week 34: A2 Milk, Bluescope, Suncorp's climate woes & more

NOX

Noxopharm aims for autoimmune market with first human trial of SOF-SKN

SMI

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

Good habits matters when it comes to finances