AVZ Discussion 2022
- Thread starter GazDix
- Start date
Even the die hards will take their initial capital off the table. A few here have already hinted as such.
I recommend everyone read this. It seems Cominiere went on the warpath in Dec claiming the licence Decree should be cancelled because AVZ requested the split of the tenement. It also highlights a thrust of a number of other attack strategy darts theyve thrown at the MoM to hit out at AVZ. No wonder on receipt of this the MoM is perhaps concerned about the stay of play at relationship level between us and Cominiere and questioning whether it's tenable. Not saying any of this is legit or unskewed info, but it does lay out a key attack that may have supported the Decree cancellation
www.politico.cd
RDC – IGF : La COMINIERE demande le report des arrêtés portant renonciation de PR13359 pour plusieurs violations par AVZ | Politico.cd
1ère source de l’actualité politique et économique en temps réel en RDC. Les dernières nouvelles, les enquêtes et les révélations exclusives.
www.politico.cd
Let the hate flow out.
Read the announcement a few times and fully understand its implications compared to what many have said would occur. They have been proven to be very wrong, yet you use me as a vessel for your anger.
I don’t see any reason for any secrecy from the company moving forward. They have played the “cards close to the chest” strategy since May 2022. And a complete waste of time that’s been.
Samus
Top 20
Cominière SA is a DRC public company, puppet of the bad actors within DRC government.
We've not seen any good faith from a DRC politician since the decree which has now been renounced.
Imo don't be surprised if the DRC government back their own regardless the scandals over the past few months. ACAJ is backing cominière in stripping AVZ of the licence.
Many mainstream articles have been dismissed as rubbish by the faithful over the past few months but in reality the undercurrent has been concerning.
On the flip side we've got the igf but even here AVZ's initial 60% has been left open for question.
I'm not trying present as negative but those saying that this is all clearly beneficial for AVZ might want to look at things from all angles.
We've not seen any good faith from a DRC politician since the decree which has now been renounced.
Imo don't be surprised if the DRC government back their own regardless the scandals over the past few months. ACAJ is backing cominière in stripping AVZ of the licence.
Many mainstream articles have been dismissed as rubbish by the faithful over the past few months but in reality the undercurrent has been concerning.
On the flip side we've got the igf but even here AVZ's initial 60% has been left open for question.
I'm not trying present as negative but those saying that this is all clearly beneficial for AVZ might want to look at things from all angles.
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Carlos Danger
Top 20
DiscoDanNZ
Regular
Fuck off Tommy Twothead
Carlos Danger
Top 20
Mr Inappropriate
Regular
I have it on good authority that, in lieu of meaningful information, Nigel will be performing a short hand-puppet show tonight in South Africa.
Attachments
I recommend everyone read this. It seems Cominiere went on the warpath in Dec claiming the licence Decree should be cancelled because AVZ requested the split of the tenement. It also highlights a thrust of a number of other attack strategy darts theyve thrown at the MoM to hit out at AVZ. No wonder on receipt of this the MoM is perhaps concerned about the stay of play at relationship level between us and Cominiere and questioning whether it's tenable. Not saying any of this is legit or unskewed info, but it does lay out a key attack that may have supported the Decree cancellation
I’m confised with this.RDC – IGF : La COMINIERE demande le report des arrêtés portant renonciation de PR13359 pour plusieurs violations par AVZ | Politico.cd
1ère source de l’actualité politique et économique en temps réel en RDC. Les dernières nouvelles, les enquêtes et les révélations exclusives.
The way it was supposed to go is once AVZ had the ML, Cominiere then sold the 15% to AVZ or whoever and then ceded 10% to the government. Cominiere should have nothing to do with the project from then on. At least that’s how I thought it was to happen
Misfits
Regular
Probably a good thing. Get in there and sort this out with the powers to be before he gets on his plane to another country.
If that's the case not sure how anyone can spin what has transpired as positive.
They definitely seem to have been blindsided by this. If they truly hadn't received the Decree until it was forwarded to AVZ by the AFR in the form of Timmy TwiddlesHisNuts then that says a lot for our excellent high level government relations NF is always prattling on about between the smirks, nods and winks.
Hi Moneybag，keen to hear your thoughts on MoM.Lots of opinions.... too many for me to absorb so I'll just forge ahead with my never say die attitude of exposing those implicated in the corruption of denying the PE for Dathcom (and majority owner AVZ) project13359
Felix Antoine Tshisekedi Tshilombo, Jean-Michel Sama Lukonde Kyenge, Adele Kayinda Mahina and Antoinette N'samba Kalambayi all seem to fail to understand that there is an unlimited source of information on the internet pointing out the Corruption in the DRC.
They also seem to fail to understand that a forum goes well beyond Australia. It goes to Asia (China etc), the Middle East, Africa, Europe (Germany, France etc), the United Kingdom, across the Atlantic Ocean to America, back Australia and everywhere in between.
I will continue posting headlines relating on the corruption in the DRC Mining Sector (including upcoming events) in the hope that companies in countries around the world don't get caught out by the corruption in the DRC Mining Sector like AVZ Minerals…. The Australian company that spent the last 6 years and millions of dollars in the DRC developing the Dathcom lithium project in Manono.
The politician's listed above are all implicated in one way or another in knowledge of the corruption around Manono's Mining License, and with an election due this year I am hoping this communication will reach far and wide including reaching the following officials and exposers of corruption in the DRC Mining Sector.
Jules Alingete (General Inspectorate of Finance); Muhiya Lumbu Nicolas (Inspector General of Finance Head of Revenue and Tax Services Brigade); Chantal Bashizi (Appointed Head of CAMI); Joe Mbaya ; Kasongo Kas; Franck Fwamba; Kiki Kienge and others who have witnessed the corruption.
Among the corruption and conspirators surrounding Manono, the following names consistently come up: DG of the DRC Mining Cadastre - CAMI (Jean Felix Mupande Kapwa ); Dathomir (Simon Cong), Cominiere (Mwamba Misao Athanase), Zigin and AJN Resources (Klaus Eckof)
These names can be viewed in a similar way as those of Dan Gertler and Vidiye Tshimanga as being implicated in corruption, and yet remaining outside of integrity and justice.
This week headlines should appear exposing this corruption, and I hope members, shareholders and others join in holding those who are preventing the granting of the full mining license accountable, and warning companies and countries around the world of the dangers and level of corruption in the Democratic Republic of Congo Mining Sector.
Over the last 6 years in the DRC, AVZ have carried out Soil Sampling, Field Mapping, Consulting, Drilling, Metallurgical Testing, Completing a FEED Study, a 160 page Definitive Feasibility Study, a SEZ Agreement, Tendering for Mining Infrastructure, Legally Obtaining and Paying For an Increased Share of Dathcom, Obtaining Several Offtake Agreements for both Lithium and Tin, Raising Capital, Negotiating a Funding and Offtake Agreement with CATH, Presenting at the Battery Minerals Conference, Legally Fulfilling all Requirements to Obtain the Mining License, Including Receiving the Ministerial Decree to Award the Mining License and producing an 85 page Sustainability Report, Spending millions of dollars and Supporting the Local Community…. And still the Democratic Republic of Corruption and Director General of the DRC Mining Cadastre (CAMI) won’t grant AVZ a Mining License
Carlos Danger
Top 20
obe wan
Regular
dont know where he is
really? Was hoping for a a vid of Nigel and Klaus / glasson going at it in the parking lot
I wonder how much of the goatfuck we apparently find ourselves in can be tracked back to being outplayed here by JFM over at CAMI. Here it clearly says WE declared a partial renunciation of PR13359. That renunciation was described as illegal by our partners Cominiere, and indeed it is unlawful under the mining code. Is that misfire going to prove a dire error, trusting it was FTs intent? What ever happened to the maxim, 'trust, but verify'.
Moreover given the estimated resource size of CDL and what it meant to AVZ's current and future market cap, how did we just renounce it. Wouldn't this have needed a shareholder vote? Or did the board just greenlight that own goal, and again without an ounce of thought as to continuous disclosure obligations until they couldnt not announce it?
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