AVZ Discussion 2022

[Roller62]

According to new mining code, this is legit or not？hope some expert here can explain.

from my understanding for this:

• For RD part - we have dilled and has DFS compeleted and satisfied all the reqirements - so they must award the ML to us.
• For CDL - we have not done anything in detail yet (detailed DFS) , so no ML.

and in order to give us the right to mining, government divided the land into 2 parts, so we can run RD part first and once we done the detailed DFS for CDL, then we can get the ML for CDL?

of course, AIMO

AVZ did nothing incorrect and should have keep holding all of 13359.

It should never have been split.

The ML should have covered all of the original tenement (RD AND CDL).

 

[CeckRaiseFold]

Thanks for posting that @Xerof refreshed my memory. Note that in there is also the mention of the collaboration agreement. I recall Nigel saying at an investor event in Perth in April 2021!!! that this document was prepped and ready to go after lots of translating and lawyer reviews. Since then it hasn't really been mentioned much if at all. But this 'operating' agreement is a crucial document that will spell out the rights and obligations of all parties for many years to come once the ML is issued. I'm just speculating here but that could also be in the mix causing a hold-up. A document like that would, I expect, state who the owners of Dathcom are and what their rights/obligations are under the collaboration agreement. Maybe not and all that is only laid out in the Dathcom JV agreement. Therefore, in a roundabout way this could have a link with the ownership issues.

 

[Birdman7]

Could be MoM, she was naive/silly/corrupt enough to cut a deal with Klaus's AJN under the guise of increasing the benefit for the DRC.
https://finance.yahoo.com/news/ajn-...l866tHcXes87dPEAxgMyO3zSH3RQdtavPtvOwHcDgHiqz
Problem very well could be she cut to give to AJN till we said, whoa that's not how shit gets done anymore. She may have well cut it as we asked for it to be cut, she may have cut it because she wanted to feel important, it may have been an error, she may have cut it because she got pissed off about the amount of diabetes flying around an here she is sitting with a healthy BMI so she said fuck that I wanna die morbidly obese in a slum of snacks surrounded by zijin rats.

At the end of the day only thing I want cut is the line of cocaine I'll be smashing off a strippers tits in celebration that we are finally going mining.
(the likelyhood of this happening is........ah fuck it lets just say its imminent)

Hi TDITD. There has not been a great deal to smile about where AVZ is concerned for the past few months. Not losing faith, just being worn down by the time it is taking to get back on track.

Probably why I enjoyed your post above so much. It’s not that often I laugh out loud after reading something but I did after reading the last paragraph of your post. Very bloody funny. Thanks for providing some levity during a tricky period

 

[Xerof]

Thanks all.

We'll get the truth eventually, but all your comments carry weight for me, including strippers tits

 

[Samus]

Could be MoM, she was naive/silly/corrupt enough to cut a deal with Klaus's AJN under the guise of increasing the benefit for the DRC.
https://finance.yahoo.com/news/ajn-...l866tHcXes87dPEAxgMyO3zSH3RQdtavPtvOwHcDgHiqz
Problem very well could be she cut to give to AJN till we said, whoa that's not how shit gets done anymore. She may have well cut it as we asked for it to be cut, she may have cut it because she wanted to feel important, it may have been an error, she may have cut it because she got pissed off about the amount of diabetes flying around an here she is sitting with a healthy BMI so she said fuck that I wanna die morbidly obese in a slum of snacks surrounded by zijin rats.

At the end of the day only thing I want cut is the line of cocaine I'll be smashing off a strippers tits in celebration that we are finally going mining.
(the likelyhood of this happening is........ah fuck it lets just say its imminent)

Maybe you could snort it off the mom herself who was spotted at the train station.

 

[TDITD]

Maybe you could snort it off the mom herself who was spotted at the train station.
View attachment 16492

I'll be drunk anyway partying why not, they look nice but somethings not quite right here just cant put my finger on it.

 

[Dom1974]

Hi Fox, any news from the ground? We still expecting some action by the 15th, 19th or 21st?

 

[Remark]

I'll be drunk anyway partying why not, they look nice but somethings not quite right here just cant put my finger on it.

If you get drunk enough you might put your finger on it

 

[TDITD]

Hi TDITD. There has not been a great deal to smile about where AVZ is concerned for the past few months. Not losing faith, just being worn down by the time it is taking to get back on track.

Probably why I enjoyed your post above so much. It’s not that often I laugh out loud after reading something but I did after reading the last paragraph of your post. Very bloody funny. Thanks for providing some levity during a tricky period

Thank you mate I appreciate that, thanks. Avz has been testing and that is just the announcements or lack thereof and the uncertainty, let alone the bottom dwellers on literally every social media out there feeding off of the uncertainty out there making our lives just that bit harder.

Jesus if I didnt 'joke' about it I'd be in an asylum (jurys out on that anyhow). I think once this shit show is sorted out we all need to treat ourselves to some ice cold beer, a few shots and of course those nicely cut lines

Hope everyone is all good, an FFS if it is bad, an I mean bad please go and talk to someone.

 

[TDITD]

If you get drunk enough you might put your finger on it

Nope straight in with the mouth

 

[Roller62]

Answered my question myself

"The signing of the Ministerial Decree to award the Mining Licence to Dathcom Mining SA, in which AVZ holds a 75% interest via its wholly owned subsidiary AVZ International Pty Ltd (AVZI), is now with the Cadastre Minier (CAMI), which operate under the supervision of the Minister of Mines, to officially award the Mining Licence.

In accordance with DRC Mining Code, CAMI are required to calculate the surface rights fees payable by Dathcom and provide the Mining Licence following receipt of this payment. The Mining Licence to be issued, will cover the entirety of the Roche Dure JORC Mineral Resource (401 million tonnes at Li20 1.65%) and the Carriere de l’Este exploration target.

The Ministerial Decree excludes a portion of the land holding to the north, which will be required to be renewed under a five-year Permit de Research (PR or Exploration Licence) to Dathcom, with discussions regarding the terms of the ongoing joint venture agreement on the PR to be finalised with the DRC Government in the near future, in addition to finalising discussions for the Collaboration Development Agreement with DRC Council of Ministers to provide wide ranging support for the Manono Project."

So, M of Mines did the cutting, imo

I don't believe the MOM is the culprit. I believe there are a few that are in on it including this guy.

 

[Xerof]

He must have dirt on Felix, to still be there, tbh

 

[The Fox]

Hi Fox, any news from the ground? We still expecting some action by the 15th, 19th or 21st?

Working on it with Deboss. I'll revert shortly.

 

[TDITD]

Working on it with Deboss. I'll revert shortly.

View attachment 16498 View attachment 16499

Ok is Manono mentioned directly here ? creation of a mine that will go on to be the worlds largest and form the worlds largest mining company ?
Also is that Marios surname or is he telling us what he is doing ?

 

[Carlos Danger]

AVZ did nothing incorrect and should have keep holding all of 13359.

It should never have been split.

The ML should have covered all of the original tenement (RD AND CDL).

The thing that gets me is why did we trade for 3 days after the Ministerial Decree announcement before going into suspension. We were in trading halt from Monday May 2nd until the decree was announced to market on Wednesday May 4th so surely the company had time to review the decree and match it up to the mining code before putting out the news. We then traded until close on Friday May 6th before suspension started the week after.

The announcement about the Ministerial Decree on May 4th 2022 (link and screenshots below) specifically mentions that 'the Mining License covers the entirety of the Roche Dure JORC and Mineral Resource and Reserve and the Carriere de l'Este exploration target'. It then mentions an area to the north being excluded that will need to be renewed under a 5-year Permit de Research with discussions regarding the terms of the ongoing joint venture agreement with the DRC government to be finialised in the near future.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02518000

The Mining License Update on July 15th 2022 makes no mention of the northern area being disputed by AVZ and the Quarterly Activities on July 29th 2022 (information includes up to June 30th 2022) says the same thing as the May 4th 2022 announcement (links and screenshots below). Both announcements by the company that have mentioned this matter say the area to the north is subject to discussions with the DRC government about the terms of a joint venture agreement.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02542421

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02547854

So it would seem that Carriere de l'Este is included in the licence in some capacity. I'm unsure as to exactly where the exploration target cut off point is but management seemed happy enough with this at first and haven't publicly disputed it. I vaguely remember something someone said about it being up to the last drilling hole we did in CDL but I'm not sure if that's accurate. The company in the May 4th 2022 and July 29th 2022 announcements say to refer to the August 16th 2021 announcement about Carriere de l'Este drill results (link and screenshots below).

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02407137

Someone here mentioned (can't remember who sorry) last week when I brought this up that it was possibly only after review by AVZ's lawyers that the company realised that we should be disputing the area to the north being cut off but I would really hope that they were across that before announcing the Ministerial Decree to the market. That seems the most logical explanation that I've heard but it would be a major fuck up of due diligence by the company if that's what has happened.

Would it really take 4 months and counting to have our and the governments lawyers review the mining code to work out area zoning?

Especially considering management seem happy enough saying the area to the north is not included in the licence and the terms of a joint venture for a 5-year Permit de Research renewal is under discussion with the DRC government?

 

[wombat74]

Thank you mate I appreciate that, thanks. Avz has been testing and that is just the announcements or lack thereof and the uncertainty, let alone the bottom dwellers on literally every social media out there feeding off of the uncertainty out there making our lives just that bit harder.

Jesus if I didnt 'joke' about it I'd be in an asylum (jurys out on that anyhow). I think once this shit show is sorted out we all need to treat ourselves to some ice cold beer, a few shots and of course those nicely cut lines

Hope everyone is all good, an FFS if it is bad, an I mean bad please go and talk to someone.

We got Fox's , Nellies and Obe wan's predictions coming up . I'm not saying it to be a smarty pants . I'm hoping they are on the money . Fox working with Deboss gives it a little more cred as well . Must be close now .

 

[Charbella]

Interesting post retweeted by AVZ lawyer. Going from history, he only ever retweets AVZ related matters.

 

[obe wan]

He must have dirt on Felix, to still be there, tbh

SEZ highly likely to be the weighted trailer; 2nd gear and running on a rim, should magically cross the line about the same

 

[wombat74]

SEZ highly likely to be the weighted trailer; 2nd gear and running on a rim, should magically cross the line about the same

Sorry mate I'm a bit of a dunce . Can't quite decipher this one . Could break this down for me please ? cheers

 

[JAG]