AVZ Discussion 2022
- Thread starter GazDix
- Start date
Dave Evans
Regular
*I know a lot, probably most of us here despise that Dirty Shithole that's infested with Rats known as the Crapper
But every now and then you come across something that doesn't smell like a Urine soaked Shit Sandwich
Something other than a poor excuse for a Giant Festering Turd in a Bowl full of Faeces
Something that isn't Full of Shit or suffers from Verbal Diarrhea ( aka Toilet)
Something worth sharing imo
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Stickshift's agenda revealed.
I think most people are already aware of him and the others, but there's always new accounts here who don't yet know what's what, so this is for them.
Same agenda as SHAME EASTWOOD (woops, prophetic typo there) a.k.a Dur Geist (plus about 15 accounts pretending not to be Der Geist.)
Same agenda as Toilet.
Same agenda as the Jessup Owl.
Watch closely and you'll see all of them trying their utmost (endless posts day after day for years) to manipulate shareholders to turn against AVZ Management.
They've been at this for over 2 years.
If you hold AVZ shares, it would be advantageous of you to think of them as a vile enemy, trying to steal your wealth, because they are.
They're working hand in hand, or at the very least, with similar goals as the Chinese, and the Bribed Congolese who are trying to destroy AVZ.
Their best chance is to turn Shareholders against AVZ Management to get them voted out, and instead install someone who's on the side of the Chinese or at the very least, who will get $$$ delivered from the Chinese.
Ask yourself who in their right mind would spend years on social media trying to turn individual shareholders against AVZ management?
Really think about that.
No normal person who's just commenting from the sidelines about AVZ would do this.
It's SO clear why they come here, every day, all day, to check up on posts, trying to find something to put a wedge into shareholders faith in management.
It's massively obvious, they're all on team CCP, team EVIL! Many of them are actually chinese nationals, invested in Zijin's efforts.
Whatever you may think about our management, there is NO other scenario where shareholders do better with other people holding the wheel.
Nigel is out best and greatest hope. Even if you believe mistakes were made (I do not).
It's Ok to have an emotional moment and curse them out, this has been painful AF.
But they're our best chance at our best exit price, whenever that may be.
VERY soon the enemy will present an alternative to AVZ's management, it wont be long until we hear about it, and the theatrics will begin once again, just like last year.
All of it... ALL of it, is the enemy, trying to destroy AVZ shareholders value.
They will try their best, but IMHO, they will fail.
Peace and love!
Azzler
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Just to add to @Azzler post Frank, let’s not forget that those people working against our BOD, last year said….
“THE MOVE BY THE FAT TAIL HOLDINGS GROUP IS NOT A HOSTILE ACTION”
and
“THEY DID NOT SEEK TO REMOVE SHAREHOLDERS"
Then they sent out public and private statements, social media announcements, 9 emails, videos and mailed notices to shareholders over 20 days ahead of the 2023 AGM that said….
“THE ENTIRE AVZ BOARD MUST RESIGN”
“THE POSITION OF THE INCUMBENT BOARD IS UNTENABLE”
“THEIR TIME IS UP”
“THE BOD MUST RESIGN IMMEDIATELY”
Then they went on to say that AVZ’s litigation was “COUNTER PRODUCTIVE” and “HOSTILE” and how 3 large Chinese shareholders were voting against our BOD and “explicitly supporting the appointment of MMGA-nominated directors”.
In one video they “acknowledged AVZ’s 75% interest in Dathcom and Dathomir’s apparent reneging on the contract” and ended that video by saying “We are not interested in the fairness of it” and “You know, we have no vested interest in the dispute”
One member of the Fat Tail Holdings (MMGA) Group said he “Couldn’t understand why AVZ can’t get on with Dathomir or Cominiere.”
This in spite of Cominiere breaching AVZ’s First Right of Refusal (FROR) contract and the DRC Inspector General of Finance Report showing
“VIOLATIONS”
“ACTS THAT CANNOT BE JUSTIFIED”
“ILLEGAL TRANSFERS OF MINING TITLES”
AND
“THE ILLEGAL SEIZING OF DATHCOM'S PR13359” BY COMINIERE AGAINST AVZ MINERALS.
Recently 57 million shares were acquired by Resource Capital Investments through offers that were said to be a “TAKEOVER” and then a “BUYBACK” offer.
Resource Capital Investments claimed it was “OF THE OPINION THAT NO SIGNIFICANT VALUE CAN CURRENTLY BE PLACED ON AVZ SHARES”
We have a defined lithium pegmatite deposit of 840 million tonnes (equal to 13.5 million tonnes of Li2O) multiplied by today’s price which is at a low) of US$800/tonne = $US10.8 billion.
Thats AU$15,654,000,000.00
= $15 billion 654 million Australian dollars
= > $4 per share
Li2O has been over US$8000/tonne
= Over $150 billion Australian dollars
= > $40 per share
Not one shareholder I have spoken with believes the Chinese backed actors who have been trying to overthrow the AVZ Minerals BOD or the claims that the cases we have been winning in the International Chamber of Commerce (ICC) and International Court For The Settlement Of Investment Disputes (ICSID) are counter productive and hostile.
Whether we go the distance in Arbitration, or the DRC voluntarily negotiates a fair and reasonable settlement, not one shareholder I have talked to believes suggestions that AVZ’s $15 billion plus resource “IS OF NO SIGNIFICANT VALUE”
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Rediah
Regular
Zijin is ensuring that its progress and sunk costs in the stolen project and supporting infrastructure will be too high for the DRC government to contemplate extracting them when things eventually go tits-up.
Fucking gerbils.
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Carlos Danger
Top 20
Waiting on an 'appropriate security package for the facility' to be determined since last updated on July 30th. Would have thought that would have been worked out a long time ago but here we are. Perhaps the case of the missing $20m usd in escrow announced on July 31st has something to do with the delay. Perhaps not. Although never fear my fellow mushrooms it's almost voting time and that's when bean spilling season occurs to keep mutiny at bay for yet another year.
Speaking of endless delays the dipshits at Omni Bridgeway have yet again pushed back their deadline until December 31st. Almost like they're waiting to see what happens at the ICC exactly like I said they would because their purported claim has zero merit if we win. Tick tock.
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They have been instructed by the ICSID and the ICC not to do any work on the tenements. They have been warned. Any loss is on them.
Daz,
My understanding is that Zijin knowingly entered into an agreement that is fraudulent - The JV Agreement has not been published and they have not completed the DFS as required by the Mining Code. Both the ICC and ICSID have basically said that progress in Manono needs to stop and they are progressing.
So they will reap what they sow - and they may even be doing the heavy lifting for us.
I wait with baited breath to see the outcome.
Regards,
SilentOne.
Carlos Danger
Top 20
The ICSID have not issued any stop work orders to Zijin, Cominiere or Manono Lithium in regard to 15775. They ‘declined to deal with title to the northern area on an interim basis because doing so could affect the interests of a third party to the proceedings (ie Manono Lithium SA), which will be dealt with on a final basis as part of the broader ICSID proceedings.’
The ICC ordered Cominiere "not to take any steps to explore and exploit, directly or indirectly, the mining reserves within the perimeter of PR 13359 and PR 15775”. Which has clearly been breached.
It is unknown if the DFS was completed by Manono Lithium. AVZ’s official announcement on this issue states that ‘it is highly implausible that Manono Lithium has fully and properly complied with the requirements of the DRC Mining Code for the grant of such a permit in the time since it, in AVZ's view, invalidly acquired PR 15775’, which I agree with. Saying they didn’t is misleading although legally irrelevant as the termination of the Dathcom JVA which the subsequent partial sale of resulting in the purported creation of 15775 was done unlawfully imo
Yes, and it gets even more complex and intractable with each passing day as Manono Lithium digs itself deeper into PR 13359.
In the near future, regardless of arbitral rulings and DRC mining code Zijin will be mining, processing and shipping stolen spodumene back to China...and they will be impossible to remove.
Nothwithstanding these complexities, these corrupt shit-eaters will not negotiate a fair settlement for CDL because they have immunity thanks to the corrupt fat man in the blue Amani and a whole conga line of equally-corrupt officials.
Their intention is to delay and stall at every opportunity in order to starve AVZ out of the game.
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I agree with what you say however 15775 in wholly contained within 13359. So how can working on 15775 not be subject to the ruling? Also what happened to the tailings? the underlying tenement, according to grahame johnston owns the right to exploit them. Interesting times ahead.
Carlos Danger
Top 20
It is subject to the ICC ruling. Just not the ICSID ruling on the current interim basis as it could affect the interests of a third party ie Manono Lithium. This is the loophole 9card warned us about many moons ago before he was silenced which is legally valid despite Outcast's tears on this matter at the time.
Extremely likely it will be subject to the final ruling by the ICSID if it gets that far as the purported termination of the Dathcom JVA is
unlawful as it was attempted without valid grounds and in a manner contrary to the express terms of the Dathcom JVA specifically Article 11.1 imo
Yes, back to basic principles:
If the termination of the Dathcom JV is ruled illegal or invalid, then every side contract and agreement hanging off the termination should also be invalid and unwound.
I wanna be a fly on the wall when they try unwinding their spaghetti bowl of corrupt side deals, and turn on each other with machetes.
Samus
Top 20
Now I'm not claiming to be Nostradamus but if there isn't some serious political pressure put on the DRC I forsee a future where the DRC loses both ICC and ICSID arbitrations and they still couldn't give a fuck. And we'll be in for many a long year trying to recover the damages from them.
It's now clear that the entire country is rotten with corruption from the ground up and the elite only care about their own short term wealth.
It seems like our best hope is that Western powers can put the pressure on with the Lobito Corridor project and that not all of the DRC political class are happy to be beholden to China for the foreseeable future.
We haven't really had any evidence that AVZ problems will be linked to that deal though and lithium only being one aspect of Congolese mineral wealth required by the west. It's a matter of if the west will allow the Chinese to dominate and control the lithium market by stealing Manono.
Carlos Danger
Top 20
Exactly. It won’t be that hard to unwind with a willing government. But the words ‘disadvantageous to the republic’ are our biggest problem in getting them to comply with external arbitration decisions. Hopefully the DRC Supreme Court does the right thing in the end if needed.
Then there will be the small matter of the Dathcom waiver submission to overcome. Which based on available public evidence I don’t like our chances of winning. Although if I’m right that should go to the tender process under the mining code and not straight to Zijin / Manono Lithium as the haters will claim. Let’s hope AJN don’t apply again lol
But as if the DRC government will have a fair process for that if it ends up going back to them. They want China to control a significant portion of the tenement otherwise no battery plants in country is what they have been told imo. Either way the key thing to remember is that the north was never Cominiere’s to sell off and they will be held responsible for their illegal actions unless CKK grovels like the little bitch that he is to Nigel and begs for forgiveness imo
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