AVZ Discussion 2022

[protoje]

**The Waiting Game**

Geo once swore a fix would rise,
To lift our lithium-craving cries.
A promised update, gleaming bright,
Would ease our endless finance fight.

But days stretch long, and still no word,
The silence sharp, a wound unheard.
We sift through debts like desert sand,
While Geo’s update stays unmanned.

Our balance sheets bear heavy strain,
With each lost promise, deeper pain.
And here we stand, on brittle ground—
No rescue in the silence found.

Geo, hear us, break the spell—
Bring the news that ends this hell.

 

[Bray]

Load of shit

 

[Frank]

x.com

x.com

 

[Carlos Danger]

You’re right about AVZ having something the DRC want. DRC gov are using at arms length Cominiere to test AVZs limits, and if it goes bad at ICC or ICSID, Cominiere is the fall guy.

But there are some instances where if that happens and depending on judgements and their enforcement that the DRC may lose some or all of their remaining percentage of ownership of the asset.

Pretty sure you’ll find the DRC want assurances from AVZ, that AVZ can’t and shouldn’t give. Same goes for CDL.

Fun fact Cominiere are technically a claimant at the ICSID as they are a part of Dathcom. DRC government are the respondent.

The case is about the DRC government's failure to follow their mining code. Can you give an example of how they may lose some or all of their remaining ownership of the asset?

This isn't about assurances but a question regarding Article 60 imo

 

[BEISHA]

**The Waiting Game**

Geo once swore a fix would rise,
To lift our lithium-craving cries.
A promised update, gleaming bright,
Would ease our endless finance fight.

But days stretch long, and still no word,
The silence sharp, a wound unheard.
We sift through debts like desert sand,
While Geo’s update stays unmanned.

Our balance sheets bear heavy strain,
With each lost promise, deeper pain.
And here we stand, on brittle ground—
No rescue in the silence found.

Geo, hear us, break the spell—
Bring the news that ends this hell.

 

[Roon]

Fun fact Cominiere are technically a claimant at the ICSID as they are a part of Dathcom. DRC government are the respondent.

The case is about the DRC government's failure to follow their mining code. Can you give an example of how they may lose some or all of their remaining ownership of the asset?

This isn't about assurances but a question regarding Article 60 imo

Are you inferring that the DRC are simply stating that we won't get out of this with the entirety of 13359? Id agree with that. It was fairly clear from the MoM's letter to the PM that this was their position IMO.

Thing is, public statements aside, I believe our management is also cognisant and in aquisenance of this by now. So i wonder what's holding things up? How are not able to hold a negotiation on this? Why do you think they aren't willing to at least come to the table? Or are we maintaining that public hard line position also in private now that our ICSID and ICC cases are approaching?

 

[Carlos Danger]

Are you inferring that the DRC are simply stating that we won't get out of this with the entirety of 13359? Id agree with that. It was fairly clear from the MoM's letter to the PM that this was their position IMO.

Thing is, public statements aside, I believe our management is also cognisant and in aquisenance of this by now. So i wonder what's holding things up? How are not able to hold a negotiation on this? Why do you think they aren't willing to at least come to the table? Or are we maintaining that public hard line position also in private now that our ICSID and ICC cases are approaching?

I think AVZ want compensation for CDL and the DRC reckon we are no longer entitled to get paid for it because of the submission of the waiver

And neither side is willing to budge on this so negotiations keep falling apart

Only way out of this quagmire that will lead to joy jumping in the short term is for someone to buy out RD from us imo

 

[Dazmac66]

So this waiver is the document that was supposedly doctored by someone ticking the box that says AVZ relinquish CDL in exchange for the PE in Roche Dure?

 

[Doc]

I think AVZ want compensation for CDL and the DRC reckon we are no longer entitled to get paid for it because of the submission of the waiver

And neither side is willing to budge on this so negotiations keep falling apart

Only way out of this quagmire that will lead to joy jumping in the short term is for someone to buy out RD from us imo

No one’s buying RD in the short to medium term imo unless it’s Zijin. No one in their right mind would pay to get into the middle of this shit fight.
As for Locke I’d say they waiting on the judgment for the liquidation of the penalties to date. If AVZ get that granted then DRC must pay those accrued penalties to the ICSID. AVZ cannot use those funds till this runs the distance but there’s some form of security for Locke imo.

 

[Dave Evans]

I think AVZ want compensation for CDL and the DRC reckon we are no longer entitled to get paid for it because of the submission of the waiver

And neither side is willing to budge on this so negotiations keep falling apart

Only way out of this quagmire that will lead to joy jumping in the short term is for someone to buy out RD from us imo

So this waiver is the document that was supposedly doctored by someone ticking the box that says AVZ relinquish CDL in exchange for the PE in Roche Dure?

So what are the possibilities in relation to the purported waiver?

If there was a waiver and it was agreed that AVZ could apply for a continuation of the exploration permit for the north and the DRC broke that agreement, then the waiver would be null and void.

And if there was an agreement, you would have to wonder what sort of skullduggery the DRC pulled on AVZ in the first place to force them to agree to it.

We have seen what lies they are capable of as recently as the Minister of Mines denying we had a meeting with their mining representatives and this latest staged arrest of Mills Tshibangu claiming he knew what happened to the money in escrow at Rawbank, so he could spread more disinformation about us and the IGF.

We should be compensated for CDL, we drilled there, got core assays, built Camp Colline to store equipment, house the assays, supply accommodation for Manono local workers etc.

One thing stopping us getting back the north is Cominiere and the DRC shitting themselves because they know Zijin would then sue them and that’s because Zijin played them and they were corrupt enough to take Zijin’s bribes.

DLA Piper know what happened and they obviously feel the DRC broke the law

 

[wombat74]

"From preliminary observations, it appears that the AVZ's claims, as formulated in the said project, are disadvantageous for the Republic where the defence team has recommended the continuation of the arbitration as long as AVZ does not diminish its ambitions."

 

[Mute22]

"From preliminary observations, it appears that the AVZ's claims, as formulated in the said project, are disadvantageous for the Republic where the defence team has recommended the continuation of the arbitration as long as AVZ does not diminish its ambitions."

Evil AVZ trying to obey the mining code and DRC laws to legally mine providing tax revenue to the government!

 

[wombat74]

Evil AVZ trying to obey the mining code and DRC laws to legally mine providing tax revenue to the government!

That's the game the DRC/China are playing . I'm all for continuing to apply pressure or going the distance if share holders are 100% guaranteed an appropriate compensation $$$ that ends up in their bank accounts . Or maybe that would be our kid's/grand kid's bank accounts .

 

[Winenut]

We aint going mining Wino, you can be assured of that.

Locke funding vital to stay in the long game and force DRC govt hand as per Roon previous post.

imo

Yeah I agree we're not going mining

Was just looking "theoretically" at the options available to pay back Locke if funding is secured

 

[wombat74]

DOSSIER AVZ LIST OF THIEVES EXPOSED​

 

[BEISHA]

So what are the possibilities in relation to the purported waiver?

If there was a waiver and it was agreed that AVZ could apply for a continuation of the exploration permit for the north and the DRC broke that agreement, then the waiver would be null and void.

And if there was an agreement, you would have to wonder what sort of skullduggery the DRC pulled on AVZ in the first place to force them to agree to it.

We have seen what lies they are capable of as recently as the Minister of Mines denying we had a meeting with their mining representatives and this latest staged arrest of Mills Tshibangu claiming he knew what happened to the money in escrow at Rawbank, so he could spread more disinformation about us and the IGF.

We should be compensated for CDL, we drilled there, got core assays, built Camp Colline to store equipment, house the assays, supply accommodation for Manono local workers etc.

One thing stopping us getting back the north is Cominiere and the DRC shitting themselves because they know Zijin would then sue them and that’s because Zijin played them and they were corrupt enough to take Zijin’s bribes.

DLA Piper know what happened and they obviously feel the DRC broke the law

In previous AGMs, Nigel confirmed that AVZ were tricked into signing a " waiver of the north "

He was vague on the detail if i remember.

This upcoming AGM, i would love to get clarification of that topic cause clearly its the stumbling block to ironing out a potential MOU that was purported.

Personally, as long as AVZ gets compensated for the exploration work done, i would be happy to relinquish CDL as long as there was a iron clad agreement that AVZ would receive the ML for RD then on sell / TO

Obviously the issue of water rights ( MPIANA MWANGA ) needs to be sorted out too.

One could argue and question why our BOD didnt come to some sort of agreement with the DRC govt about the north around when we received the ML decree if it allowed us to proceed with construction / production of RD with gusto.

I always thought and stated here on this forum that we were never going to be able to sit on CDL while concentrating our efforts on RD, always thought a JV arrangement at the very least would be necessary.

Markets hadnt priced in CDL with AVZ evaluation back in the day

Aagh hindsight.......

I certainly hope there is question time this year, long term holders are in desperate need of a update as to where matters stand.

Secret intel / whispers dont cut it.

Come May 2025, it will be 3 yrs that AVZ has been in the wilderness.

 

[Xerof]

DOSSIER AVZ LIST OF THIEVES EXPOSED​

Well, I attempted to translate this with google translate via my phone camera running over the transcript.

Seems that Jesus might have nicked it. He has a TV station, didn't get injured upon arrest, but still has not named anyone else.

Complete shambles and utter garbage

 

[Mr_Tones83]

Well, I attempted to translate this with google translate via my phone camera running over the transcript.

Seems that Jesus might have nicked it. He has a TV station, didn't get injured upon arrest, but still has not named anyone else.

Complete shambles and utter garbage

I ran an AI transcription that was limited to first 30mins (obviously transcript isn't perfect) but once again it's literally just rambling nonsense.

 

[Doc]

In previous AGMs, Nigel confirmed that AVZ were tricked into signing a " waiver of the north "

He was vague on the detail if i remember.

This upcoming AGM, i would love to get clarification of that topic cause clearly its the stumbling block to ironing out a potential MOU that was purported.

Personally, as long as AVZ gets compensated for the exploration work done, i would be happy to relinquish CDL as long as there was a iron clad agreement that AVZ would receive the ML for RD then on sell / TO

Obviously the issue of water rights ( MPIANA MWANGA ) needs to be sorted out too.

One could argue and question why our BOD didnt come to some sort of agreement with the DRC govt about the north around when we received the ML decree if it allowed us to proceed with construction / production of RD with gusto.

I always thought and stated here on this forum that we were never going to be able to sit on CDL while concentrating our efforts on RD, always thought a JV arrangement at the very least would be necessary.

Markets hadnt priced in CDL with AVZ evaluation back in the day

Aagh hindsight.......

View attachment 72069

I certainly hope there is question time this year, long term holders are in desperate need of a update as to where matters stand.

Secret intel / whispers dont cut it.

Come May 2025, it will be 3 yrs that AVZ has been in the wilderness.

View attachment 72068

 

[j.l]

Perhaps we could all listen to some music at the next AGM...