AVZ Discussion 2022
- Thread starter GazDix
- Start date
Fletch77
Regular
Hi Beisha, not saying
I’m in favour of your plan B, but surely negotiating CATH down to the 9% that Nigel has mentioned would be part of that plan B..
#URGENT after our pleas on the COMINIERE affair THE #DIACONESSE #ADÈLE #KAYINDA MINISTER OF STATE MINISTER OF PORTFOLIO LOSES HIS MINISTERIAL POST, The same source also confirms that BAHATI #LUKWEBO WOULD have given his opinion Pr THE DEPARTURE OF THE DEACONESSES.
NEWS
DRC: A message attributed to Bahati Lukwebo asking for the departure of Adèle Kayinda from the Sama Government at the heart of a controversy on social networks!
Published
4 days ago
on
January 18, 2023By
Rédaction Cp
In the run-up to the Sama Lukonde Government reorganization announced by President Tshisekedi, some of the members of this Government are wondering about their future. It is also an opportunity to settle the scores between protagonists. This is the case with the soap opera, we can say, by Adèle Kayinda Mahina and Modeste Bahati Lukwebo.
Member of the Sama 1 Government since April 2021, the Minister of State for the Portfolio, Princess Adèle Kayinda Mahina, is cold with the President of the Senate Modeste Bahati who is the President of the political group that delegated her to the Government.
According to journalist Yves Buya, Modeste Bahati swears on Adèle Kayinda's departure from the next government.
In a tweet of January 17, this journalist, while attaching the screenshot of a message attributed to Bahati sent to the Prime Minister, believes that Bahati Lukwebo is also fighting Adele Kayinda.
"If this letter from Bahati Lukwebo to Sama Lukonde is authentic, it is clearly proven that Bahati is also fighting Adele Kayinda by asking for her departure from the Government, as if it were he who decides in place of the country's top institution," he said.
In retaliation for this tweet, Doux-Jésus Beledu, journalist and boss of the Liberté actu media, describes this message attributed to Bahati as a "todishcloth" and calls for the opening of the "COMINIERE" trial.
"How can we be serious and attribute this cloth to the President of the Senate? Now everyone can design a text from their toilet and attribute it to Modeste BAHATI? This is what happens when you are out of imagination. Looking forward to the opening of the COMINIERE trial, "he concluded. File to follow.
M.K/CONGOPROFOND.NET
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cruiser51
Top 20
I really don't know who he is, but he looks about 20 years younger than Michael Hughes. (Sorry Michael, you look still pretty cool for 60)
Could be his son, who knows.
Hi BeishaYou have been banging on about a PLAN B for a fair while, something that i havnt contemplated before, because if you believe what Nigel has stated at the AGM, ML is not contingent on the respective ICC arbitration cases, its all about the CDL carve up, surface rights etc, which is why I hold out hope that with the ministry reshuffle that is supposedly being enacted by FT, this could be a sign that he is finally getting his house in order, void of filthy vermin, providing a gate way for AVZ to get whats rightfully theirs in the not so distant future.
That being said, i also remember Nigel saying at the AGM that sophs / VIPs have been "in his ear " about the ML should wait until the ICC arbitrations comes to a conclusion too........I wonder if @Carlos Danger remembers that....
So what is the actuality here ?
Does anyone know for sure , apart from the AVZ bod / momentum layers who are keeping matters close to their chest ?
We are close to February now, elections are due December, the last thing any AVZ shareholder would want to see, is ML still in limbo land come EOY, funds drying up, with a potential Kabila victory at hand, who will simply rewrite the constitution ( cause they can )allowing the chinese to get away with the steal of the century and with that, control of the lithium narrative world wide.
So with that in mind, maybe we should discuss a PLAN B as a group, cause the alternative could be alot worse, possibly even disaster, who the fuck knows when it comes to the DRC / China........hell, they dont even respect the highest court in the world FFS !!
So here is my version of what a PLAN B could look like to obtain the ML, it wont be popular, but hey, its business or bust right ?
a) AVZ retain minimum 51% interest of DATHCOM ( post 24% CATH )
b) ZIJIN can keep the 15% (pre emption dispute), pays the full up to date value of the 15% to Cominiere, plus partial remuneration to AVZ ( $$ ? ) for expenses / work previously carried out.
So the equation would look like this........
AVZ 51 %, CATH 24%, ZIJIN 15%, DRC govt 10%
CATH pays $240m to AVZ as their share of the construction costs
ZIJIN pays $150m to AVZ as their share of the construction costs.
AVZ chases bank finance to fund the rest.
AVZ will be awarded a full 5 yr exploration license renewal for 100% CDL and other tenements.
AVZ then proceeds to JV CDL with ZIJIN..........whereby ZIJIN bears the FULL cost of exploration to earn a certain percentage of the project.
AVZ , focuses on the production of RD.
Yes folks, PLAN B would mean AVZ goes to bed with ZIJIN, whats the ole saying ....." Better the devil you know "
" Keep your enemies close "
I actually think the market would receive that news favourably, even tho the thought would make me puke !
Would love to hear other folks POV on..................PLAN B.
imo
Re: Plan B
Strategic planning is a key function of the board.
AVZ has at least two International Court of Cassation (ICC) hearings scheduled for April 2023.
The outcomes of the Comminaire/MMCS hearing, which concluded on 20 Jan 2023, are yet to be released.
It would be prudent to let the board in conjunction with its lawyers develop its strategies for progressing the Manono mine, and for us to wait for the outcomes of all the ICC hearings.
Cheers
F
Mr Inappropriate
Regular
cruiser51
Top 20
Completely agree.
Allowing Klaus/Cong/Zijin/Cominière to know, what the feeling amongst AVZ SH's is, regarding what an acceptable way forward is, is like playing cards with your cards open on the table.
If you wish to discuss, please don't do it in public, you can have a group discussion with people you trust behind closed doors.
There are ways and means.
MMCS vs Cominière was a prime example how fun it is to surprise.
It is nice to see Klaus' bottom jaw drop on deck.
His waffling on the Axis video was a nice example.
Just imagine these clowns in court being faced with unknows.
Don't forget Zijin wanted this behind closed doors, Nigel told them to piss off.
it will b what it will b.Stockinvesting
Regular
Wow.
Sorry everyone, but I feel I've got to but in.
Jens tells Viking Trader, ML due within 2 weeks?????? (definitely not a go at you Mr. Inappropriate.. just sayin')
After cabinet reshuffle??? I thought all that drivel was proven to be fake news. Am I missing something?
And Cruiser. Don't discuss this in public?????????? Really???
Guys. FFS.
The bad guys don't read these forums to work out their next move. I feel pretty safe saying that. Or Cruiser you were joking. If so, my bad.
Secondly, the only printed word to believe will be in an official announcement from the company. Yes, it's my personal opinion but there hasn't been one fucking iota of evidence that AVZ is getting any fucking closer to being awarded the ML. NONE!!!!!
Everyone, I hope I'm wrong, and very shortly we're awarded the licence. But I'm amazed how some posters' opinions are considered solid gold, reliable, accurate. Others are tossed out and classed as drivel, immediately they appear.
I'm just opining that to date, no news whether from a poster, or a reliable source/news site/government site/friend of a friend...etc., has proven reliable or accurate in any way.
It's so fucking frustrating, but it's the truth.
Good luck all.
Sorry everyone, but I feel I've got to but in.
Jens tells Viking Trader, ML due within 2 weeks?????? (definitely not a go at you Mr. Inappropriate.. just sayin')
After cabinet reshuffle??? I thought all that drivel was proven to be fake news. Am I missing something?
And Cruiser. Don't discuss this in public?????????? Really???
Guys. FFS.
The bad guys don't read these forums to work out their next move. I feel pretty safe saying that. Or Cruiser you were joking. If so, my bad.
Secondly, the only printed word to believe will be in an official announcement from the company. Yes, it's my personal opinion but there hasn't been one fucking iota of evidence that AVZ is getting any fucking closer to being awarded the ML. NONE!!!!!
Everyone, I hope I'm wrong, and very shortly we're awarded the licence. But I'm amazed how some posters' opinions are considered solid gold, reliable, accurate. Others are tossed out and classed as drivel, immediately they appear.
I'm just opining that to date, no news whether from a poster, or a reliable source/news site/government site/friend of a friend...etc., has proven reliable or accurate in any way.
It's so fucking frustrating, but it's the truth.
Good luck all.
You have been banging on about a PLAN B for a fair while, something that i havnt contemplated before, because if you believe what Nigel has stated at the AGM, ML is not contingent on the respective ICC arbitration cases, its all about the CDL carve up, surface rights etc, which is why I hold out hope that with the ministry reshuffle that is supposedly being enacted by FT, this could be a sign that he is finally getting his house in order, void of filthy vermin, providing a gate way for AVZ to get whats rightfully theirs in the not so distant future.
That being said, i also remember Nigel saying at the AGM that sophs / VIPs have been "in his ear " about the ML should wait until the ICC arbitrations comes to a conclusion too........I wonder if @Carlos Danger remembers that....
So what is the actuality here ?
Does anyone know for sure , apart from the AVZ bod / momentum layers who are keeping matters close to their chest ?
We are close to February now, elections are due December, the last thing any AVZ shareholder would want to see, is ML still in limbo land come EOY, funds drying up, with a potential Kabila victory at hand, who will simply rewrite the constitution ( cause they can )allowing the chinese to get away with the steal of the century and with that, control of the lithium narrative world wide.
So with that in mind, maybe we should discuss a PLAN B as a group, cause the alternative could be alot worse, possibly even disaster, who the fuck knows when it comes to the DRC / China........hell, they dont even respect the highest court in the world FFS !!
So here is my version of what a PLAN B could look like to obtain the ML, it wont be popular, but hey, its business or bust right ?
a) AVZ retain minimum 51% interest of DATHCOM ( post 24% CATH )
b) ZIJIN can keep the 15% (pre emption dispute), pays the full up to date value of the 15% to Cominiere, plus partial remuneration to AVZ ( $$ ? ) for expenses / work previously carried out.
So the equation would look like this........
AVZ 51 %, CATH 24%, ZIJIN 15%, DRC govt 10%
CATH pays $240m to AVZ as their share of the construction costs
ZIJIN pays $150m to AVZ as their share of the construction costs.
AVZ chases bank finance to fund the rest.
AVZ will be awarded a full 5 yr exploration license renewal for 100% CDL and other tenements.
AVZ then proceeds to JV CDL with ZIJIN..........whereby ZIJIN bears the FULL cost of exploration to earn a certain percentage of the project.
AVZ , focuses on the production of RD.
Yes folks, PLAN B would mean AVZ goes to bed with ZIJIN, whats the ole saying ....." Better the devil you know "
" Keep your enemies close "
I actually think the market would receive that news favourably, even tho the thought would make me puke !
Would love to hear other folks POV on..................PLAN B.
imo
Yes plan B being a compromise of sorts .My $200k invested is not at Nigel's disposal. I expect to have access to it and there has to be a time limit .You have been banging on about a PLAN B for a fair while, something that i havnt contemplated before, because if you believe what Nigel has stated at the AGM, ML is not contingent on the respective ICC arbitration cases, its all about the CDL carve up, surface rights etc, which is why I hold out hope that with the ministry reshuffle that is supposedly being enacted by FT, this could be a sign that he is finally getting his house in order, void of filthy vermin, providing a gate way for AVZ to get whats rightfully theirs in the not so distant future.
That being said, i also remember Nigel saying at the AGM that sophs / VIPs have been "in his ear " about the ML should wait until the ICC arbitrations comes to a conclusion too........I wonder if @Carlos Danger remembers that....
So what is the actuality here ?
Does anyone know for sure , apart from the AVZ bod / momentum layers who are keeping matters close to their chest ?
We are close to February now, elections are due December, the last thing any AVZ shareholder would want to see, is ML still in limbo land come EOY, funds drying up, with a potential Kabila victory at hand, who will simply rewrite the constitution ( cause they can )allowing the chinese to get away with the steal of the century and with that, control of the lithium narrative world wide.
So with that in mind, maybe we should discuss a PLAN B as a group, cause the alternative could be alot worse, possibly even disaster, who the fuck knows when it comes to the DRC / China........hell, they dont even respect the highest court in the world FFS !!
So here is my version of what a PLAN B could look like to obtain the ML, it wont be popular, but hey, its business or bust right ?
a) AVZ retain minimum 51% interest of DATHCOM ( post 24% CATH )
b) ZIJIN can keep the 15% (pre emption dispute), pays the full up to date value of the 15% to Cominiere, plus partial remuneration to AVZ ( $$ ? ) for expenses / work previously carried out.
So the equation would look like this........
AVZ 51 %, CATH 24%, ZIJIN 15%, DRC govt 10%
CATH pays $240m to AVZ as their share of the construction costs
ZIJIN pays $150m to AVZ as their share of the construction costs.
AVZ chases bank finance to fund the rest.
AVZ will be awarded a full 5 yr exploration license renewal for 100% CDL and other tenements.
AVZ then proceeds to JV CDL with ZIJIN..........whereby ZIJIN bears the FULL cost of exploration to earn a certain percentage of the project.
AVZ , focuses on the production of RD.
Yes folks, PLAN B would mean AVZ goes to bed with ZIJIN, whats the ole saying ....." Better the devil you know "
" Keep your enemies close "
I actually think the market would receive that news favourably, even tho the thought would make me puke !
Would love to hear other folks POV on..................PLAN B.
imo
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cruiser51
Top 20
Mate if you wish to discuss in public, I can't stop you, please yourself.
Good luck.
Fuck me mate great post but surely to fuck these pricks that supposedly run this show should be telling us this. This is shit they can do from the trough. But no. you know why ? Because they have no fucken idea themselves. As I've said before. Greatest resource on the planet fucked up by part time west perth management. Fuck me how many times in the last 30 years have you heard that.we are just the latest casualty. They obviously don't give a fuck otherwise they'd be in country. Says it all .the nige has 50 cents each way why would he give a fuck. Absolute disgrace .You have been banging on about a PLAN B for a fair while, something that i havnt contemplated before, because if you believe what Nigel has stated at the AGM, ML is not contingent on the respective ICC arbitration cases, its all about the CDL carve up, surface rights etc, which is why I hold out hope that with the ministry reshuffle that is supposedly being enacted by FT, this could be a sign that he is finally getting his house in order, void of filthy vermin, providing a gate way for AVZ to get whats rightfully theirs in the not so distant future.
That being said, i also remember Nigel saying at the AGM that sophs / VIPs have been "in his ear " about the ML should wait until the ICC arbitrations comes to a conclusion too........I wonder if @Carlos Danger remembers that....
So what is the actuality here ?
Does anyone know for sure , apart from the AVZ bod / momentum layers who are keeping matters close to their chest ?
We are close to February now, elections are due December, the last thing any AVZ shareholder would want to see, is ML still in limbo land come EOY, funds drying up, with a potential Kabila victory at hand, who will simply rewrite the constitution ( cause they can )allowing the chinese to get away with the steal of the century and with that, control of the lithium narrative world wide.
So with that in mind, maybe we should discuss a PLAN B as a group, cause the alternative could be alot worse, possibly even disaster, who the fuck knows when it comes to the DRC / China........hell, they dont even respect the highest court in the world FFS !!
So here is my version of what a PLAN B could look like to obtain the ML, it wont be popular, but hey, its business or bust right ?
a) AVZ retain minimum 51% interest of DATHCOM ( post 24% CATH )
b) ZIJIN can keep the 15% (pre emption dispute), pays the full up to date value of the 15% to Cominiere, plus partial remuneration to AVZ ( $$ ? ) for expenses / work previously carried out.
So the equation would look like this........
AVZ 51 %, CATH 24%, ZIJIN 15%, DRC govt 10%
CATH pays $240m to AVZ as their share of the construction costs
ZIJIN pays $150m to AVZ as their share of the construction costs.
AVZ chases bank finance to fund the rest.
AVZ will be awarded a full 5 yr exploration license renewal for 100% CDL and other tenements.
AVZ then proceeds to JV CDL with ZIJIN..........whereby ZIJIN bears the FULL cost of exploration to earn a certain percentage of the project.
AVZ , focuses on the production of RD.
Yes folks, PLAN B would mean AVZ goes to bed with ZIJIN, whats the ole saying ....." Better the devil you know "
" Keep your enemies close "
I actually think the market would receive that news favourably, even tho the thought would make me puke !
Would love to hear other folks POV on..................PLAN B.
imo
Not a fair comment. Did you see the article @Xerof posted? Even Andrew Forrest is dealing with the same issues in the DRC. How do we know if Nigel is not in the DRC already?
Carlos Danger
Top 20
I don't recall anything about 'ML should wait until the ICC arbitrations comes to a conclusion too' being said at the AGM. There's nothing in the notes I have. May have been mentioned and I missed it.You have been banging on about a PLAN B for a fair while, something that i havnt contemplated before, because if you believe what Nigel has stated at the AGM, ML is not contingent on the respective ICC arbitration cases, its all about the CDL carve up, surface rights etc, which is why I hold out hope that with the ministry reshuffle that is supposedly being enacted by FT, this could be a sign that he is finally getting his house in order, void of filthy vermin, providing a gate way for AVZ to get whats rightfully theirs in the not so distant future.
That being said, i also remember Nigel saying at the AGM that sophs / VIPs have been "in his ear " about the ML should wait until the ICC arbitrations comes to a conclusion too........I wonder if @Carlos Danger remembers that....
So what is the actuality here ?
Does anyone know for sure , apart from the AVZ bod / momentum layers who are keeping matters close to their chest ?
We are close to February now, elections are due December, the last thing any AVZ shareholder would want to see, is ML still in limbo land come EOY, funds drying up, with a potential Kabila victory at hand, who will simply rewrite the constitution ( cause they can )allowing the chinese to get away with the steal of the century and with that, control of the lithium narrative world wide.
So with that in mind, maybe we should discuss a PLAN B as a group, cause the alternative could be alot worse, possibly even disaster, who the fuck knows when it comes to the DRC / China........hell, they dont even respect the highest court in the world FFS !!
So here is my version of what a PLAN B could look like to obtain the ML, it wont be popular, but hey, its business or bust right ?
a) AVZ retain minimum 51% interest of DATHCOM ( post 24% CATH )
b) ZIJIN can keep the 15% (pre emption dispute), pays the full up to date value of the 15% to Cominiere, plus partial remuneration to AVZ ( $$ ? ) for expenses / work previously carried out.
So the equation would look like this........
AVZ 51 %, CATH 24%, ZIJIN 15%, DRC govt 10%
CATH pays $240m to AVZ as their share of the construction costs
ZIJIN pays $150m to AVZ as their share of the construction costs.
AVZ chases bank finance to fund the rest.
AVZ will be awarded a full 5 yr exploration license renewal for 100% CDL and other tenements.
AVZ then proceeds to JV CDL with ZIJIN..........whereby ZIJIN bears the FULL cost of exploration to earn a certain percentage of the project.
AVZ , focuses on the production of RD.
Yes folks, PLAN B would mean AVZ goes to bed with ZIJIN, whats the ole saying ....." Better the devil you know "
" Keep your enemies close "
I actually think the market would receive that news favourably, even tho the thought would make me puke !
Would love to hear other folks POV on..................PLAN B.
imo
Someone posted here or on the crapper that Nigel was asked at one of the roadshows if it was better to not trade after Dathcom receives the ML until all of the ownership is sorted and he responded with something along the lines of 'that's the first time I've heard that shareholders would be okay with that'.
As for a potential Plan B, I'm sure the board have contingencies for all possible scenarios. But there will be no deal with Zijin under any circumstances. They would have been a great partner if they went about things in the right way.
But now the lion won't let any of the jackals anywhere near the pride lands imo
That same article states that he has a crew in country including expats I would presume. And us fuck all its pathetic.
I am sorry, you are wrong again. At the roadshow, Nigel said he was on the ground in the DRC working relentlessly for 6 months straight and only managed to spent 3 weeks with his family.
Mr Inappropriate
Regular
All good @Stockinvesting. For the record I’m not dissing anyone with access to info that is shared in good faith. It’s just a little fun to pass the time away…
Forgot to say he has expats in country because he a fucken professional not a west perth wannabe. But our wannabe has been paid basically 10 mil a year and resides in Perth. Ziggy expats in country won't be getting 1% of that.
My plan B is to get out at a minimum of $1.5, or take the DRC to ICC and sue them for $7billion USD.
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