AVZ Discussion 2022

[Rediah]

Don't see CAMI listed?

I hope they go out soon in the second wave of cleaning, stains like that needs deep cleaning.

 

[Jazz]

Does anyone know what Deboss actually does???

Is he just some crazy rich dude?

Did he make money from a profession or something then turn to investing?

Did he just get a shitload of money from Mum and Dad and can do what he pleases??

Just intriuged

What does Deboss do you ask? Whatever Deboss wants!

 

[Bin59]

Don't see CAMI listed?

Give it a bit more time - wait until the Vidiye court hearing starts - I’m expecting they will ask how and who enabled him to do the mining deals … all should be revealed by the prosecutor. The next court hearing date is Tuesday 24th November.

DRC: Vidiye Tshimanga trial postponed to November 24​

November 15, 2022


The Court of Peace of Kinshasa / Gombe, sitting in repressive matters, dismissed the Vidiye Tshimanga case, the former adviser to the Head of State, on November 24, in view of the exceptions raised by the latter's lawyers, including the incompetence of the court.

"The court is not territorially competent because these offences are not committed within the jurisdiction of its jurisdiction, but rather outside the country," they argued during this hearing.

The exceptions put forward by the defense were swept away by the public prosecutor's office, which raised the jurisdiction of the peace court, considering that the action brought must be considered inadmissible.

Vidiye Tshimanga is accused of influence trafficking, corruption and offense to the Head of State, following a video showing him visibly negotiating income with alleged investors and promising them to be involved in obtaining a market in the mining sector.

He was placed in pre-trial detention on September 21 by the General Prosecutor's Office at the Kinshasa/Gombe Court of Appeal, before obtaining provisional release a few days later. Despite this decision issued by the Tribunal de Grande Instance of Kinshasa/Gombe, the public prosecutor continued its investigation, until obtaining the determination of the case to be tried.

 

[oxxa23]

Exactly Sam
Zoomed in yesterday & the main reason NF stated why we are in suspension was the “short” position effecting the Company …About 2-3yrs ago I was part of the 80%+ wiped off SP when it plummeted from 37c-4c …but recovered …no trading halt or suspension to protect us then .

If we have good news coming whats the fear of shorters then ,we take a hit like most companies do and rebound on the good news .A lot of companies do suffer from shorters but its the name of the game.The only ones taking the hit at present are the SHs who have been frozen out from there funds ,the BoD carry on regardless on fat salaries with no financial problems /worries making these so called “good for the company” decision which only affect us

We can speculate as much as we want, but, we won't know what's best... shorters wiping off 1 or 2 billion may have had massive dilutive impact if say we were about to negotiate on the extra 15% with value in avz equity.... way less dilution when 4bn mc as opposed to 1bn... I would have been happy they'd halted in that case....

 

[Frederick Will]

Yup, I came away feeling positive but also with a 'put this investment in the bottom drawer' for 18months to 2 years feeling.

Probs already stated but the clock is ticking on our finances. We can trim back spending on the development of the project but we can only do it so so long. Surely financially we will be struggling in 6 months if we still don't have that ML

 

[Bin59]

View attachment 22343

Félix Tshisekedi procède à un grand ménage dans les entreprises du Portefeuille - L'Info qui fait écho

Le Président de la République, Félix-Antoine Tshisekedi Tshilombo, a procédé mardi à un grand ménage, par la nomination de nouveaux mandataires dans une vingtaine d’entreprises du…

econewsrdc.com

Trafic d’influences et autres : voici la mesure prise par la Maison Civile (communiqué)

La Maison Civile du Chef de l'État tient à lutter contre toute action injuste venant des personnes qui veulent ternir

6questions.cd

Influence and other trafficking: here is the measure taken by the Civil House (press release)​

November 18, 2022

The Civil House of the Head of State wants to fight against any unfair action from people who want to tarnish its image.

In a statement issued by the Head of the said structure, Bruno Miteyo Nyenge, it emerges a number placed at the disposal of the population in order to allow them to denounce any act of fraud, identity theft to discourage this practice.

"Traffic of influence, forgery in writing committed by pseudo agents of the Civil House or pseudo members of the presidential family" formerly criticized are also to be denounced via the number below:

(+243) 089 411 22 22.

Note that this number remains available 7 days a week, hammers the said document.

Guillaume Mavudila

Translation:

Who is the Head of State referred to above:

RDC: Bruno Miteyo Nyenge appointed head of the Civil House of President Félix Tshisekedi​

By Mamadou Sy19 October, 2020LEADERSNo Comments2 Mins Read


In DR Congo, Dr Bruno Miteyo Nyenge is the new head of the Civil House of the Head of State, Félix Tshisekedi, under a presidential ordinance of October 18, 2020.

The new head of this structure replaces in this position the paternal uncle of President Félix Antoine Tshisekedi Tshilombo, the retired bishop Gérard Mulumba, who died at 82 on April 15, 2020 in Kinshasa as a result of the Coronavirus, less than a year later his appointment in May 2019.

Holder of a Master in Management and Business Law, Finance and Banking Option from the University of Liège and the Higher Institute of Commerce of Kinshasa, Bruno Miteyo Nyenge born July 10, 1954 in Likasi in the DRC is also Chargé courses at the Faculty of Veterinary Medicine of the National Pedagogical University and at the Higher Pedagogical Institute of Ngandajika.

Prior to this appointment, he held various positions of responsibility having been in turn General Manager of the Microfinance Company “IFOD” (2014 to 2018), Deputy National Director (2000 to 2008) then National Director of Caritas Congo ASBL bringing together the 47 provincial Caritas of the country for the coordination of health works (hospitals, etc.), development infrastructures and humanitarian emergency situations (2008 to 2017), Director of the provincial Caritas of South Kivu (1994 to 2000 ) and General Manager of Peanut Oil Manufacturing and Rice Husking Plants in Kiringye in the Ruzizi Plain (Uvira) in South Kivu (1981 to 1993).

 

[Berabakan]

What does Deboss do you ask? Whatever Deboss wants!

Deboss is aptly supported by Yesboss!

 

[cruiser51]

We can speculate as much as we want, but, we won't know what's best... shorters wiping off 1 or 2 billion may have had massive dilutive impact if say we were about to negotiate on the extra 15% with value in avz equity.... way less dilution when 4bn mc as opposed to 1bn... I would have been happy they'd halted in that case....

If destruction of the share price would have been allowed, how much of AVZ would have to be offered to the DRC Government, if AVZ equity is used to partly pay for the additional 15%?

Just a minor detail.
I just wonder if people think about that.

I do like the BoD attitude regarding the protection of the SP for that reason.

 

[The Fox]

Fuck me dead are we cursed for all eternity? Someone wake me up please!

Read it again

 

[Samus]

Read it again

I've read it fox my comment is in relation to toad/Zijin trying it on again.
Call me crazy but the fact that 'civil society' is backing us isn't all that reassuring as corrupt government ministers in conjunction with Chinese tycoons /companies try to undermine our assets.

 

[Mr Clean]

We all hear you …
Told No2 daughter i’d give her $20K to go towards her Wedding March2023 …pressure is on ,didnt expect this shit fight to carry on to next year

I too have my own wedding preparations to pay for - though these are my own in 2023. Was looking at selling a small portion of my AVZ holding to cover some expenses. You would think we won’t be in suspension throughout 2023, but the possibility is certainly there. So I’ve had to turn to savings - as my two large holdings in Animoca / AVZ are practically useless to me as both aren’t trading on proper exchanges atm.

Crazy. January of this year was only 10 months ago, and things were looking great for everything at that time. Probably could have afforded a Sydney house without a loan comfortably and still had shares. Guess a steep learning curve this entire experience

 

[Boots]

Fully aware.

More dilution (SOI), mind you at what price when in suspension?

4c ?

Seriously what institution would buy if in suspension if no guarantee to trade?

Name one that is not the equivilant of a loan shark?

Iin no

 

[Hemicuda]

Deboss tweet ?? Hmmm Friday arvo drinks grins, or?

 

[Charbella]

Deboss tweet ?? Hmmm Friday arvo drinks grins, or?

Stop teasing us!

 

[oxxa23]

If destruction of the share price would have been allowed, how much of AVZ would have to be offered to the DRC Government, if AVZ equity is used to partly pay for the additional 15%?

Just a minor detail.
I just wonder if people think about that.

I do like the BoD attitude regarding the protection of the SP for that reason.

Yep, same... they just didn't know at the time what shit fight was coming our way

 

[ozmacca]

For some reason I recall Nige was going to be in the DRC 30th Nov or thereabouts???

Said in Syd RS he’d be there around the 27th, “for his birthday”. Can only hope him and Mr Pei will be lighting up the candles over a spicy announcement.
At the end of the day he’s the same as us, he wants his shares to at least double (especially with 40 Odd million of them!) and will be doing everything he can to make that happen. Maybe it’s the wine talking but I’m feeling more confident after the RS lip talk, laying the nuts down that we are ML by mid December latest !

 

[Rediah]

Deboss tweet ?? Hmmm Friday arvo drinks grins, or?

DeBoss

 

[oxxa23]

DeBoss

View attachment 22350

That thread is excited

 

[BEISHA]

Does anyone know what Deboss actually does???

Is he just some crazy rich dude?

Did he make money from a profession or something then turn to investing?

Did he just get a shitload of money from Mum and Dad and can do what he pleases??

Just intriuged

I was told by the chiro that DEBOSS is a " entrepreneur "

Very cagey, hard to get a read on him, very jovial on the outside, but you get the impression he has deep pockets and connections.

Unfortunately DEBOSS got caught up with the debacle that was WFE & VEC ( jason brewer ), just like me and would have lost a poultice.

So for DEBOSS to be confident of a good result with AVZ and trusts NIGEL, despite being lied to by previous management to his detriment.....speaks volumes.

Anyway, 40,000,000 x .78c = $30m roughly

 

[BEISHA]

IMO - all the discussions about "should we have gone into TH originally, and continue to be in TH, etc" is kinda counter-intuitive. It has, unfortunately - or fortunately - happened. Only thing we can influence and change is the future.

Trying to thinking of whether or not it should have been doen and what could have been done will just make you more stressed - imo.

My big question is - if there was a 'short attack' on AVZ causing the TH - would that not constitute market manipulation? Particularly if there was a distribution of misleading or fraudulent statement. if so - what is AVZ going to do in respect of this?

From ASIC:

Fact check with the target entity​

Authors of short reports should check their facts with the target entity to identify and address errors before the release of a short report. This may provide the market with greater certainty around the issues raised. It also reduces the risk of the market being misinformed and helps to mitigate the risk for the activist short seller of making false or misleading statements.

Consider possible breaches of listing rules​

The listing market operator should consider the issues and concerns raised in a short report, together with the target entity's response, to form a view of whether any listing rules have been breached and whether investors may have been misinformed by previous disclosures by the target entity. Should any breaches be identified, the market operator should take appropriate regulatory action – for example, by seeking additional disclosure and referring the matter to ASIC where warranted.

You lost me at.....................ASIC....