whats going to be the final jerk on the gittery trigger finger ? An important issue constantly raised whether management want to do something about the sense of non-teamplayer behaviour conveyed by Klaus’ selling again.
Basically management appear to have made first step with Nigel commenting on latest assay results, no Klaus.
Now, what’s important is that holders and market in general need more affirmation of this gesture for what it means, it could be Klaus was too busy with something else or that he has been displaced , as a gesture by management recognising at very least shareholder sentiment.
The fact Klaus has not announce his resignation indicates he did/does not intend to resign. And obviously not even since selling.
But how does this non resigning or clarifying role change sit with management and substantial holders (and also to other shareholders) who have the power % wise being on the board to urge Klaus to resign?
Clearly, to reiterate, Klaus not commenting on last assays suggests the motion for him to leave would need to be under way.
Could him leaving actually happen without Dathomir and HuaYou agreeing? What I’m saying is, Klaus has to leave, he is in the sin bin clearly by not commenting within the last announcement; he didn’t speak with * either. So something is afoot.
Now if Dathomir and HuaYou agree to ‘request’ Klaus’ role change or resign; would this motion imply a path not to selling or TO of AVZ but to improve shareholder value beyond recent valuations? It would have to be significant intentions beyond just selling out to a cheap TO to change roles or have Klaus resign.
It’s been commented HuaYou don’t have the credit muscle to take this on by themselves, and I’ve seen others comment tonight (
https://hotcopper.com.au/posts/33966090/single) that it’s preplanned with that undisclosed MOU.
Preplanned or not, such a scenario of collecting the MOU partners with a few majors, recall BNB too, would mean a consortium of sorts and a JV is clearly on the cards.
Why JV clearly? HuaYou need a controlling stake they had that publically pinned for all to see. CATL can’t have it all—Beijing policy?—-also RuiYou was not acted upon for the TTX equity near AVZs tenements.
My claim here could also be defended by the fact that Dathomir would have to be satisfied being on both sides of the JV (some may recall
@mineralised making this point a while back) and so is it not reasonable to assume (considering all the demand for supply surety apparent and BNEF statistics see : stakx MOU) that a mining plan would be on the cards? Otherwise no one gets AVZs tenements unless the substantial holders agree—- that much is clear. Klaus leaving scenario IMHO would signal next stage. And question remains with that Nagrom MET test ad BNB visit and before that Sinotech (on behalf of MINOCOM) are offtakers waiting for PFS and DFS? No I don’t think so.
HuaYou (strange as it seems at first) and Dathomir form a major part of what goes ahead and if that last announcement signifies an exit, it can be assumed value for AVZ shareholders is going way beyond a 20 cps horizon.... don’t you think. Please share your thoughts, kindly.
OW
