AVZ - AVZ MINERALS LIMITED

[JSB]

No, no, Blacksheep, there are far more pressing issues:

 

https://hotcopper.com.au/posts/32114482/single

 

 

Forget inclusion in an ETF that mandated buying 10m shares on market and saw the price spike 20% on rebalance day alone, it's the evil bots that are creating a false market

[JSB]

https://twitter.com/stockswami/status/979165688341282816

[blacksheep]

Silly me evil bots are creating a false market - not evil twits - gotcha

 

As you were AVZers and don't forget to vote on the poll

 

Heres a poll to while away the Trading Halt til Wensday☺????

@ML_SuperNinja

Trading Halt if For?

 

Please add any other possibilities in the comments section and like as additional polling!

WORLD record Results>350m

Buy Out offer from $CATL

JV with $Tinci & $BNBT

JV to mine with $BNBT

 

[blacksheep]

Ooops - there goes that Poll

 

Swami2 is good value and NO BULL. He used to post on Topstocks when I was a member. I believe he also got banned from HC for probably being TOO BLOODY HONEST - only rampers are welcome/protected.

 

Good to see the Swaminator still active and socking it to them.

 

Vontrader also - respect

:

[JSB]

I'm a recent twitter member to help me speed up my information gathering - both Swami and Vontrader are two of a handful of accounts I'm happy to follow. Keep the bastards honest!

[myshares]

Agree AVZ should have been a trading Halt - but an ASX TH wasnt enough

 

They traded overseas overnight based on the Twitter releases

[blacksheep]

AVZ MINERALS LIMITED (ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“AVZÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ): price query

We note the change in the price of AVZÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s securities from a close of $0.235 to an intraday high of $0.255 today,

Thursday 29 March 2018.

We also note the significant increase in the volume of AVZÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s securities traded today.

We also refer to the following posts on Twitter:

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ The post published on Twitter at 3:58 pm on 28 March 2018 by Michael Langford @ ML_SuperNinja

which states:

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“>$AVZ Manono Core holes.

Core holes take up to 130 trays. Other #lithium companies core holes can be put into 1 or 2 trays.

A specific building is being refurbed to hold all the core trays. Cores are drilled in half to be sent off to the

lab. Spodumene size is clearly obvious.ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ

(ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“First Twitter PostÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ)

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ The post published on Twitter on 28 March 2018 by Michael Langford @ ML_SuperNinja which states:

ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“>$AVZ worlds largest #Lithium & #Tin asset.

The spodumene crystals in the core holes are obvious in every single drilled hole.

High grade tin (see black on drill core) & lithium sections is obvious through the deposit.

AVZ is lowest quartile cost, long life and world class.ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ

(ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“Second Twitter PostÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ)

(together ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“Twitter PostsÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ).

 

If the company AVZ provided this information in their ASX anns would it pass the ASX sniff test?

 

AVZ Response

 

The Company has been made aware of the Twitter Posts referred to in the Price Query

Letter. The Company is currently completing a 20,000 metre drilling program at the

Manono Lithium Project with an initial focus on the Roche Dure Pegmatite. The

Company has previously released drilling results on this pegmatite on 28 July 2017 and

12 September 2017 reporting intersections of 202.8 metres @ 1.57% Li2O and

1078ppm Sn and 235.03 metres @ 1.66% Li2O and 1078ppm Sn respectively. The

Company made further announcements in relation to the current drilling program on

19 February 2018 (drill hole MO18DD001 intersected 295.05m of pegmatite) and 6

March 2018 (drill hole MO18DD002 intersected 282.95m of pegmatite) and also

provided visual estimation of spodumene contents ranging from 10% up to 40%. The

Company has also previously advised of an exploration target for the entire Manono

Project, including an exploration target for the Roche Dure Pegmatite alone. The

pictures of the core shown in the Twitter Posts are from drill holes MO17DD001,

MO17DD002 and MO17DD003 for which the Company released the results to the

market on 12 September 2017, 28 July 2017 and 22 August 2017 respectively. The

Company does not consider the Twitter Posts provide an explanation for the recent

trading in its securities.

 

 

ASX Question

Is there any other explanation that AVZ may have for the recent trading in its securities? In responding

to this question, please comment specifically on the Twitter Posts and on the relationship between

AVZ and Michael Langford.

 

On 2 June 2017, the Company announced that it had appointed Airguide International

Pte Limited (ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“AirguideÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ÂÂ) as its Strategic Advisor to facilitate and advise the Company

on key relationships and a broader work program aimed at securing value-added

commercial agreements with relevant counter-parties in China. Mr Michael Langford

is one of AirguideÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s principals.

 

No sure the content of ML's tweets fit in with his "job description" - " advise the Company

on key relationships and a broader work program aimed at securing value-added

commercial agreements with relevant counter-parties in China???

 

Shareholding

The distribution of members and their holdings of equity securities in the holding company as at

20 September 2017 is as follows:

Dathomir Mining Resources Sarl 240,000,000 13.93%

Huayou International Mining (Hong Kong) Ltd 186,000,000 10.80%

JP Morgan Nominees Australia Ltd 117,121,400 6.80%

HSBC Custody Nominees Australia Ltd 110,502,001 6.42%

BNP Paribas Nominee Pty Ltd (IB) 87,717,257 5.09%

BNP Paribas Nominees Pty Ltd (DRP) 43,081,800 2.50%

Citicorp Nominees Pty Ltd 30,607,372 1.78%

Langford Michael 26,500,000 1.54%

Pershing Australia Nominees Pty Ltd 21,300,000 1.24%

Mason John H + KA 19,278,800 1.12%

Guo Kai 14,392,656 0.84%

Flint Patrick 14,000,000 0.81%

Reeves Shane 13,937,044 0.81%

CommSec Nominees Pty Ltd 13,118,045 0.76%

Custodial SVCS Ltd 12,175,547 0.71%

Gasson Mark 12,000,000 0.70%

Samilisa Nominees Pty Ltd 10,000,000 0.58%

Ridgeback Holdings Pty Ltd 10,000,000 0.58%

Richardson Kyle 9,410,506 0.55%

Khnaizer Walid 8,200,000 0.48%

999,342,428 58.04%

 

Twenty Largest optionholders

The names of the twenty largest $0.03 listed optionholders are as follows:

Optionholder Number % Held of $0.03

Listed Options

Langford Michael 20,000,000 8.17%

Fenton Brian Edward 7,210,000 2.94%

Gasson Mark 6,500,000 2.65%

PR Perry Nominees Pty Ltd 6,484,008 2.65%

BKG Fenton Pty Ltd 6,000,000 2.45%

Griffith Benjamin 5,392,000 2.20%

JP Morgan Nominees Australia Ltd 5,000,000 2.04%

Yu Gilbert 4,500,000 1.84%

Soos Peter 4,226,702 1.73%

Hayres Gavin V + Yip A 3,400,000 1.39%

Steer Rebecca Jayne 3,300,000 1.35%

Teo Tze Hao 3,239,011 1.32%

Nicholls Laurie 3,140,000 1.28%

Jekor Pty Ltd 3,049,260 1.25%

Heuser JM + Gillam VM 3,000,000 1.23%

Lane Peter 2,700,000 1.10%

Top Class Holdings Pty Ltd 2,600,000 1.06%

Cossack Holdings Australia Pty Ltd 2,500,000 1.02%

Tradelink Food Brokers Pty Ltd 2,500,000 1.02%

BNP Paribas Nomine Pty Ltd 2,455,543 1.00%

97,196,524 39.69%

[JSB]

Von trader has picked up an error in the response, they might need to revise this answer.

 

The company stated in its response;

 

The pictures of the core shown in the Twitter Posts are from drill holes MO17DD001,

MO17DD002 and MO17DD003 for which the Company released the results to the

market on 12 September 2017, 28 July 2017 and 22 August 2017 respectively.

 

Might want to look again.

 

 

 

 

[blacksheep]

I think there were three screen shots he took. Perhaps AVZ need to revisit their response, after their specsavers appointment that is. Blind Freddy, if he was watching, would have picked that up. Wonder how ASX will handle? Probably in the usual manner. Maybe ASX need a specsaver appointments as well?

 

How an individual, who has a significant personal shareholding in AVZ, is part of a company acting in an advisory capacity (meant to be focusing on facilitating OTA's on behalf of AVZ) who has acquired a twitter following of some 5k followers who hang off his every word, and who has blocked those who don't hang of his every word, can be allowed to distribute material before it's distributed via official channels is mind boggling - but it happening more and more these days on twitter with brokers, so called "advisers" and some times coy execs, all seemingly allowed by to engaged in the "nudge, nudge, wink, wink" messages to their followers.

 

My screen shot clearly says M018DD003. Isn't that what they are drilling now ? Coincidence maybe.

 

here is another screenshot from those Tweets that seems to say "M018DD007". That is 2 seemingly new holes, or am I missing something here ?

 

$AVZ this one couldn't get much clearer. Does someone in management need to speak to @Specsavers ? "M018DD006". That is now 3 holes I can count.

 

https://twitter.com/vontrader/status/979295524216963073

[blacksheep]

One thing I have noticed with Super Ninja's tweets - when you click on the pics and the "narrative" down the bottom pops up - you get this appear ->

 

China Xinhua News, MINING.com, Financial Review and ShanghaiMetalsMarket & 7 others

 

When you click on those media outlets, it takes you to their twitter account. This suggests he sending these pictures/tweets to them as well. The pics Vontrader posted are screen shots which do not show. I believe SuperNinja has deleted those from his twitter account.

 

https://twitter.com/ML_SuperNinja

 

If this is correct - his pics/tweets are also being sent to the media - it would appear to me he is doing so in the hope they will pick up and do a write up - when/if the do, it's then copied and pasted on social media.

 

Perhaps he has not read this - "How Twitter, social media boost small cap stocks" - or perhaps he has? I feel another AFR article by Jemima Whyte could be on the cards. Question is, why is he doing this? Airguide's job is securing OTA's I thought not promotion/marketing They appear to have met the conditions of their first milestone

 

Read more: http://www.afr.com/business/how-twitter-so...v#ixzz5BOJRFX9B

 

On 5 June 2017, the Company issued 15,000,000 Performance Rights to Airguide International Pte Limited (Airguide), the CompanyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Strategic Adviser for facilitating and advising the Company on its commercial agreements with relevant counter-parties in China. The Airguide Performance Rights shall vest as follows:

 

(i) 7,500,000 upon execution of the first memoranda of understanding and/or letter of intent in respect of an offtake agreement with an Airguide introduced party; and

 

(ii) (ii) 7,500,000 upon execution of the first binding offtake partnership, development finance or prepayment finance agreement with an Airguide introduced party