Samus
Top 20
What a crock of shit!
AVZ Discussion 2022
- Thread starter GazDix
- Start date
How does Cominiere get a slice if the DRC/Cominiere will not acknowledge AVZ as the Legal title holder ? Theoretically the DRC have to , on the record , allocate the rights to AVZ/Dathcom to on sell to Kobold . Otherwise what is Cominiere selling as part of Dathcom ?Nothing . How much $$$ should Cominiere receive ? Nothing .Zero.Kobold need to pay Cominiere . Not AVZ .imo
Xerof
Flaming 1967
I’m not sure they do need to acknowledge it. Seems to me this is a high level arrangement, which will circumvent the Mining code in some fashion. Kobold will be paying us to fuck off, and probably doing the same for Cominiere too, in this particular situation only. I don’t know. I never said AVZ had to pay Cominiere. Recall Cominiere think they hold 100% of RD (the truncated 13359 according to CAMI
) at the moment
Samus
Top 20
It's a shame that everything that comes out of the DRC is bullshit. Remember this post a while back?
This provided some hope that Kibeya would be sidelined.
Here's a summary of the attached document generated by the AI assistant in acrobat reader:
Translate:
The document discusses identified conflicts of interest within the Congolese negotiation team during confidential talks between the United States and the Democratic Republic of Congo (DRC) regarding an agreement on essential minerals. Key points include:
General Context
On April 3, 2025, in Kinshasa, Massad Boulos, senior advisor for Africa at the U.S. State Department and special envoy of President Trump, met with Félix-Antoine Tshisekedi, President of the DRC. Both parties expressed a mutual desire to strengthen economic relations. Boulos announced that a preliminary agreement had been reached on a strategic framework between the two countries, prioritizing diplomatic and industrial collaboration.
Identified Conflicts of Interest
Three individuals within the Congolese negotiation team raise serious concerns:
Patrick Mpoyi Luabeya
Special envoy of President Tshisekedi, advisor, and director of Sino-Congolaise des Mines (Sicomines SA), largely owned by Chinese companies.
Holds indirect interests in Chinese mining projects and has been involved in negotiations with Dan Gertler, under U.S. sanctions.
Major risk: structural conflict of interest with Chinese strategic interests and potential disclosure of sensitive information to Beijing.
Lisette Kabanga Tshibwabwa
Chairwoman of Cominière SA, linked to a controversial transaction favoring Zijin Mining (China) over AVZ Minerals.
Allegedly facilitated illegal acquisition of exploration permits and pressured the Mines Minister to issue exploitation permits to Chinese entities.
Her financial ties to Chinese interests pose risks of obstruction and manipulation in negotiations.
Célestin Kibeya
Director General of Cominière SA, involved in the illegal sale of Cominière’s stake in Dathcom Mining to Zijin, violating AVZ Minerals’ preemption rights.
Arrested in 2022 for corruption, undermining his credibility.
Strategic Questions for the U.S.
The lithium deposits in Manono and other assets are critical for U.S. supply chains. Resolving disputes between AVZ Minerals and Cominière over exploration permits is essential for advancing the agreement and attracting investments.
Risks of Status Quo
Disclosure of sensitive information to Chinese competitors.
Strategic obstruction of agreements with Western actors.
Damage to U.S. credibility if individuals suspected of corruption remain involved.
Operational Recommendations
Official Request for Replacement
The U.S. should recommend replacing individuals suspected of conflicts of interest or corruption.
Neutral and Credible Representatives
The Congolese side should appoint independent representatives unaffiliated with foreign interests, especially Chinese.
Enhanced Oversight
Establish a joint ethical and strategic review mechanism to prevent undue influence.
Diplomatic Conditionality
U.S. support for the agreement should be contingent on good governance, including the return of exploration permits to Dathcom Mining.
Conclusion
The DRC is a strategic partner for the U.S. in securing essential mineral supply chains. Success depends on institutional reliability, clear commitments, and stakeholder integrity. It is counterproductive to have individuals influenced by competing interests, particularly China, leading critical negotiations.
Authored by Nathanaël Huri, Independent Business Journalist/USA-Africa.
what a farken cheek, world upon themselves, got the hide of a rhino.
delusional.
To right hedrox, absolutely!
let's all be honest here, regardless of the outcome (other than some fantasy # that we have already been advised by the 'grt Jen' WONT happen, + others have said similar, not just "the sewer rat" on hc crpr, (I might add) instead of telling investors to get down on their knees and be thankful, grateful, almost asked to plead and say thankyou that we might get something......for taking the risk and patience, on what might have been a Total Fkg Lemon (that no other f...er was really interested in backing it with cold hard cash$$$$) but turned out to be the behemoth of all known lith deposits on mother earth, a once in a lifetime investment by AVZ investors, which they are unlikely to ever experience again in their lifetime, which is going to get taken over by western billionaires, who also say they are not prepared to support or continue the practice of bribing the absolute upper echolons of the DRC GOV and their stooges, as the Chinese have and still are doing under the current DRC GOV, who still try to con/imply/tell the World its not us thats DODGEY (yeah right) its AVZ and their CEO and Chairman! pfff, guess what clowns, NO ONE BELIEVES YOU, sorry
You are the crooks and thieves, we only did to the LETTER what you told us to do.....
BRIBE NOBODY!!!! Isn't that correct, FELIX!!!!
So, no, I have zero intention of being grateful to the DRC or any muppet who thinks that paying anything less than the true replacement value of a once only in a lifetime deposit/mine that will have 'massive capital growth over its lifetime', plus huge dividends which in time will make the so called fantasy figures talked about here, look like a joke!
And if what is 'supposedly' going to be offered.......? is simply theft, of a once-in-a-lifetime golden ticket, lost to the true and only proper owners of pe13359.
Of course, if we get a value inline with what AVZ's true flagship is worth, then yes, I will eat humble pie and be grateful, but until that happens I WONT.
Yeh . I'm guessing the total amount $$$ Kobold comes up with will include Cominiere $$$ . It's the Brown bag you have when you're not having a Brown Bag . IMOI’m not sure they do need to acknowledge it. Seems to me this is a high level arrangement, which will circumvent the Mining code in some fashion. Kobold will be paying us to fuck off, and probably doing the same for Cominiere too, in this particular situation only. I don’t know. I never said AVZ had to pay Cominiere. Recall Cominiere think they hold 100% of RD (the truncated 13359 according to CAMI
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Yep you got that right.
cruiser51
Top 20
KIKI KIENGE
@KiengeKki
Translated by Grok
URGENT #Mines_RDC_Lithium_Manono KoBold targets Manono lithium, $AVZ at the heart of the stakes!
By Kiki #Kienge The race to exploit Manono’s lithium has reached a new decisive milestone.
Following the signing of a strategic agreement with the government of the Democratic Republic of Congo, the American group KoBold Metals is positioning itself to acquire the renowned hard rock deposit.
However, despite this apparent progress, the role of AVZ Minerals appears more crucial and indispensable than ever in the eyes of Americans concerned about their international reputation.
While KoBold expresses its determination to resolve the complex legal situation hindering the project’s development, this is partly thanks to the foundations laid over the years by AVZ, the Australian company historically engaged on the ground. The latter still holds significant rights to the Manono project, as well as strong legal backing on an international scale.
Resolving the conflict with Cominière, the Congolese state-owned company, cannot be achieved without considering AVZ’s legitimate interests.
"The Democratic Republic of Congo will support KoBold Metals’ initiative to acquire and develop the hard rock lithium deposit located in Manono, DRC, so that the disputes blocking development are resolved by KoBold Metals and the Congolese population benefits from the advantages of a new mine. The terms of the partnership between the Democratic Republic of Congo and KoBold Metals to develop this new mine will be the subject of discussions between KoBold Metals, the Ministries of Mines and Portfolio of the Congolese government, as well as Cominière."
According to the joint statement from the two entities, namely the Congolese government and KoBold, it is stated that... A question then arises: Is KoBold attempting to sidestep AVZ, or, on the contrary, is it seeking a pragmatic path with the DRC through AVZ’s rights in the Manono lithium project?
Based on the signatories of the joint statement, the Congolese government and President Félix Tshisekedi support KoBold’s initiative “so that the disputes blocking development are resolved by KoBold Metals and the Congolese population benefits from the advantages of a new mine.”
This language suggests a desire for appeasement, negotiation, and inclusion rather than a legal showdown.
Moreover, AVZ’s technical expertise, local knowledge, and contractual rights make it a natural strategic partner.
The Congolese government and KoBold plan to begin discussions with the relevant ministries and Cominière to define the terms of the future partnership.
In this context, ignoring AVZ would not only be legally risky but also economically counterproductive. The Manono project remains one of the most promising in the world for lithium, a key element for the global energy transition.
Thanks to AVZ’s long-term vision, its persistence despite obstacles, and now the involvement of a major technological and financial player like KoBold, the site’s emergence could finally materialize in the interest of all parties, starting with the Congolese population.
@KoBold_Metals
@AvzMinerals
@kizpaka
@MinMinesRDC
@SuminwaJudith
@Presidence_RDC
@US_SrAdvisorAF
@USAenFrancais
@SecRubio
#RDC #Tanganyika #Lithium #Manono
RHyNO
Regular
lol. Of course they have signed an agreement, they need them and us at get this to mine, if we don’t drop the case they cannot start putting boots on the ground without fear of paying us our full demands or returning control. The only question is what determines fair value? I’m sure they’ve offered less than fair value. Let’s see what happens. We’ve been through all this, now is not the time to chicken out, NOW IS THE TIME TO SHINE!
Thoughts for feedback...
1. Presumably Kobold offer AVZ a payout to close our claims and hand over our data/BFS saving face for the DRC confirming their argument that Dathcom lost rights to PR13359. Therefore, the DRC should have no say regarding the payout figure nor should it be based on a percentage of ownership of Dathcom, it's simply a $ figure based on what we're willing to accept to piss off.
2. Independently Kobold will do a seperate deal for JV over PR13359 with DRC/Cominere, maybe $70m donation
, and circumvent the exploration process by using our data. Mining license expedited only due to AVZ's background work on the tenement.
3. Dathomir and Zinjin claims against AVZ become irrelevant as Dathcom owns nothing?.... maybe they could open ICC cases against Kobold/DRC
4. Given the first two points.... why should we settle for anything less than US$10b, if not for AVZ's exceptional work the value of Manono may have never been realised or have been entirely stolen by Chinese. Kobold & DRC are therefore both up shit creek if we don't give up our claims or sell on data. A ICSID claim against Kobold, if they do a deal without paying us out, could be significantly more fruitful in the long term.
1. Presumably Kobold offer AVZ a payout to close our claims and hand over our data/BFS saving face for the DRC confirming their argument that Dathcom lost rights to PR13359. Therefore, the DRC should have no say regarding the payout figure nor should it be based on a percentage of ownership of Dathcom, it's simply a $ figure based on what we're willing to accept to piss off.
2. Independently Kobold will do a seperate deal for JV over PR13359 with DRC/Cominere, maybe $70m donation
, and circumvent the exploration process by using our data. Mining license expedited only due to AVZ's background work on the tenement.3. Dathomir and Zinjin claims against AVZ become irrelevant as Dathcom owns nothing?.... maybe they could open ICC cases against Kobold/DRC
4. Given the first two points.... why should we settle for anything less than US$10b, if not for AVZ's exceptional work the value of Manono may have never been realised or have been entirely stolen by Chinese. Kobold & DRC are therefore both up shit creek if we don't give up our claims or sell on data. A ICSID claim against Kobold, if they do a deal without paying us out, could be significantly more fruitful in the long term.
KentCStrait
Regular
If it comes to a vote, I'm not accepting anything less than US$10B.
KoBold aren't just buying the south of Manono. They're buying access to 1,600 square kms of exploration space that they get to hand pick after being given access to all the DRC's records. To put that in perspective the south of Manono is about 35 square kms.
Also that $10b figure is based on proven reserves. Roche Dure is likely over 1,200 million tonnes, and with the unexplored pegmatites, the south likely holds over 2,000 million tonnes.
KoBold is getting the steal of the century.
Stockinvesting
Regular
My take on a couple of things FWIW.
Kobold have gone hard, and gone early. I've heard from reliable sources other
people/entities from US are very keen. Let's not forget the Saudis and even
European interests who've kicked the tyres.
I believe we may even get some concrete news this week.
GLTAH
Kobold have gone hard, and gone early. I've heard from reliable sources other
people/entities from US are very keen. Let's not forget the Saudis and even
European interests who've kicked the tyres.
I believe we may even get some concrete news this week.
GLTAH
Stockinvesting
Regular
My take on a buy out. $1.30 AUD (ish)
Why? Because the US will want to be able to say
we didn't pay the ATH and drove a hard bargain.
Just my opinion. Again, GLTAH
Why? Because the US will want to be able to say
we didn't pay the ATH and drove a hard bargain.
Just my opinion. Again, GLTAH
I'll go with 1. Only now Kobold also has to pay out Cominiere .Thoughts for feedback...
1. Presumably Kobold offer AVZ a payout to close our claims and hand over our data/BFS saving face for the DRC confirming their argument that Dathcom lost rights to PR13359. Therefore, the DRC should have no say regarding the payout figure nor should it be based on a percentage of ownership of Dathcom, it's simply a $ figure based on what we're willing to accept to piss off.
2. Independently Kobold will do a seperate deal for JV over PR13359 with DRC/Cominere, maybe $70m donation
3. Dathomir and Zinjin claims against AVZ become irrelevant as Dathcom owns nothing?.... maybe they could open ICC cases against Kobold/DRC
4. Given the first two points.... why should we settle for anything less than US$10b, if not for AVZ's exceptional work the value of Manono may have never been realised or have been entirely stolen by Chinese. Kobold & DRC are therefore both up shit creek if we don't give up our claims or sell on data. A ICSID claim against Kobold, if they do a deal without paying us out, could be significantly more fruitful in the long term.
I'm suggesting both 1 & 2 will happen. Point 4 is pointing out that as 'The King' would say... 'We hold all the cards!' so why settle for less?
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