AVZ Discussion 2022

[Remark]

You'd think HC would need a pretty strong legal team to defend itself against the shit storm that will inevitably rain down on them in the fallout of this.

Someone mentioned a conspiracy theory about HC being owned by a large Chinese state owned organisation? Seems to be more realistic the more crap I see posted on the Crapper.

Or am I just paranoid?

 

[BEISHA]

Wouldn't bother B, same rules apply for them. This place is supposed to be better. You'll get the arse as sure as they will coming here. Leave it on the Crapper.

I am very polite when i want to be, but your wish is my command

lol

 

[BEISHA]

You'd think HC would need a pretty strong legal team to defend itself against the shit storm that will inevitably rain down on them in the fallout of this.

Someone mentioned a conspiracy theory about HC being owned by a large Chinese state owned organisation? Seems to be more realistic the more crap I see posted on the Crapper.

Or am I just paranoid?

View attachment 6272

Lol, that was me.

 

[Spikerama]

The thing that has been going around in my head is the timing of these trading halts.
Where the first one was lifted we all thought it was going to be Awarding of the Mining License.
But it turned out to be the Receipt of the Ministerial Decree for the ML.

Lifting of this trading halt opened a window for those with close to some $200 million worth of shares exit their positions.
Shortly after another Trading Halt is imposed, to do with the mining rights. Then a subsequent suspension,
this time revealing 'oh actually, there is a rather large fly in the ointment with the Jin Cheng / Cominiere deal".

Does anyone else find this all a bit too convenient for those who were able to run for the exits over those trading windows?

Can we get any broker data?

 

[LX600]

Chillaxed, the last man standing in Hotcrapper! Respect!

Very informative

 

[Frank]

Agree with all of that Beisha, it feels like US and Europe are asleep on Manono.

They are all talking about critical minerals supply, but I can’t see the action. Pay up and have unlimited access to 1.5billion ton of lithium and keep it out of Chinese hands..

The money we are talking to get into a JV with us and fund construction is peanuts for those guys..

I just don’t understand how they have watched China move in and potentially get a 24% stake.

*Speaking of China moving in and the U.S & E.U asleep at the EV Wheel on the Road to Manono Bro, Did you see where,

Chinese miners and battery makers team up in rush for lithium​

Chinese miners and battery makers are forging closer ties as the accelerating shift to electric vehicles highlights the shortage of a metal that’s key to the clean-energy revolution.

Lithium jumped more than 400% in China over the past year, unnerving Beijing and sparking a flurry of deals from Argentina to Zimbabwe.

Battery manufacturers are rushing to secure supplies of lithium — a silvery-white material used in power packs — as EV demand pushes prices higher.

Chinese battery maker Gotion High-tech Co. is looking at cooperating with Argentina’s state-owned miner Jujuy Energíay Minería Sociedad del Estado, while weighing the construction of a lithium carbonate refinery in the region.

In Zimbabwe, Chengxin Lithium Group Co. and Sinomine Resource Group Co. are setting up a joint venture to explore for the metal.

“Much of the new developments involve smaller players in China looking to secure resource supply overseas, a strategy that China has employed to gain control of the supply chain,” said Allan Ray Restauro, analyst at BloombergNEF. Nationalization in some countries may pose a risk to that strategy, he said.

Chinese mining giant Tianqi Lithium Corp. is teaming up with battery maker CALB.

The companies will invest, cooperate and research in areas including battery-cell production and lithium salt refining, after signing a separate supply deal.

China’s domination of the battery metals industry is also forcing the U.S. and Europe to respond as supply chain woes during the pandemic showed the importance of having materials readily available locally.

The Biden Administration has been pushing to accelerate U.S. production of key battery metals, while on Monday commodities trader Trafigura Group announced plans to invest in a new lithium refinery in the U.K.

www.mining.com/category/battery-metals/

Food for thought ( Chinese Takeaway ) on the Road to Manono

 

[BEISHA]

*Speaking of China moving in and the U.S & E.U asleep at the EV Wheel on the Road to Manono Bro, Did you see where,

Chinese miners and battery makers team up in rush for lithium​

Chinese miners and battery makers are forging closer ties as the accelerating shift to electric vehicles highlights the shortage of a metal that’s key to the clean-energy revolution.

Lithium jumped more than 400% in China over the past year, unnerving Beijing and sparking a flurry of deals from Argentina to Zimbabwe.

Battery manufacturers are rushing to secure supplies of lithium — a silvery-white material used in power packs — as EV demand pushes prices higher.

Chinese battery maker Gotion High-tech Co. is looking at cooperating with Argentina’s state-owned miner Jujuy Energíay Minería Sociedad del Estado, while weighing the construction of a lithium carbonate refinery in the region.

In Zimbabwe, Chengxin Lithium Group Co. and Sinomine Resource Group Co. are setting up a joint venture to explore for the metal.

“Much of the new developments involve smaller players in China looking to secure resource supply overseas, a strategy that China has employed to gain control of the supply chain,” said Allan Ray Restauro, analyst at BloombergNEF. Nationalization in some countries may pose a risk to that strategy, he said.

Chinese mining giant Tianqi Lithium Corp. is teaming up with battery maker CALB.

The companies will invest, cooperate and research in areas including battery-cell production and lithium salt refining, after signing a separate supply deal.

China’s domination of the battery metals industry is also forcing the U.S. and Europe to respond as supply chain woes during the pandemic showed the importance of having materials readily available locally.

The Biden Administration has been pushing to accelerate U.S. production of key battery metals, while on Monday commodities trader Trafigura Group announced plans to invest in a new lithium refinery in the U.K.

www.mining.com/category/battery-metals/


View attachment 6274



View attachment 6273

Food for thought ( Chinese Takeaway ) on the Road to Manono

The plot thickens.

 

[Frank]

If you lot don't stop making me laugh I swear I will reach through this phone!!!
Simpsons cracks me up.

 

[Frank]

The plot thickens.

DRC-Zambia: towards the realization of the joint project to manufacture electric batteries from local raw materials​

As part of the cooperation agreement on the establishment of a value chain on the manufacture of batteries and clean energies in the very next few days, between the Congolese President Félix Antoine TSHISEKEDI TSHILOMBO and his Zambian counterpart Hakande HICHILEMA, the Minister of Finance, Nicolas KAZADI, took an active part in a meeting in LUSAKA in Zambia at the Presidential Palace, on Wednesday March 09, 2022.

For this mission, the Minister of Finance was accompanied by the Special Advisor to the Head of State in charge of Investments as well as some experts from the Ministry of Industry.

This was a major meeting to harmonize views between the Republic of Zambia and the Democratic Republic of Congo, following the DRC-AFRICA Business forum, organized in November 2021 in Kinshasa by the Ministry of Industry in the presence of several Heads of State and governments, including that of Zambia.

As we can guess, this historic moment was an unprecedented opportunity that paved the way for this saving and transforming initiative for the African continent.

Considering that the DRC and Zambia, bordering states, have more than 70% of the world’s cobalt reserves, it is inevitably good that the two states harmonize their development policies and strategies in certain growth sectors, in this case , mining and industry for WIN-WIN cooperation.

Therefore, Zambia and the DRC agree to set up a common governance framework, called the DRC and Zambia Battery Council (DRC-ZAMBIA Battery Council), whose Executive Committee will be composed of two Heads of State. , the Deputy Secretary General of the African Economic Community for the United Nations, as well as the President of Afrexim Bank, as a financial partner.

This governance body will have a Technical Committee in charge of monitoring and evaluating the initiative.

Equally, it will also be a question of creating a harmonized legislative and regulatory framework as well as a system of incentives common to the two States, for a business environment conducive to the development of the value chain and the flourishing economic microcosm.

Copperbelt Katanga Mining - African Copperbelt's Top Mining News

African Copperbelt's Top Mining News

copperbeltkatangamining.com

Sama Lukonde talks economic cooperation with President Cyril Ramaphosa​

On the sidelines of the Mining Indaba 2022 Forum, the Prime Minister, Jean-Michel Sama Lukonde, was received in audience, this Tuesday, May 10 in Cape Town, by the South African President, Cyril Ramaphosa.

According to the Minister of Communication and Media, Door of the Government of the DRC, it was a question, during these exchanges, of the improvement and strengthening of economic cooperation between the Democratic Republic of Congo and South Africa.

Particularly with regard to the pooling of efforts for the development of value chains in the mining sector in order to improve the living conditions of the populations.

There is this idea of the value chain, of pooling efforts.

It is a question of seeing with Zambia, as we are the two major producing countries of copper and cobalt, how to speak with the same voice.

It is possible to do it with Botswana with the diamond sector, with South Africa also for the market, the opportunities.

You know that in terms of economic investments, South Africa is very established in the DRC,” Minister Patrick Muyaya Katembwe told the press.

South Africa also for the market, the opportunities.

Recall that Prime Minister Sama Lukonde has been staying in South Africa since Sunday evening as part of the Mining Indaba/2022 Forum.

These meetings are placed under the theme “Evolution of the African mining sector: investing in energy transition, ESG and savings”.

*This morning, in his speech to the entire audience, the Congolese Head of Government presented the challenges and opportunities for investment in the mining sector in the DRC.

He notably called on potential investors to come to the DRC.

Copperbelt Katanga Mining - African Copperbelt's Top Mining News

African Copperbelt's Top Mining News

copperbeltkatangamining.com

 

[Frank]

Just a bit of hindsight perspective of how this went down..

-Felix calls for a review of the mining sector late last year, including stopping awarding ML's, just as AVZ ML is meant to be issued " imminently"
-At the exact same time Cominiere is selling off 15% of Dathcom illegally from under him on the cheap and ignoring AVZ's first rights to it
-Cominiere also at the same time sending requests to and from AVZ for more information in regards to the FS and saying they have issues with it deliberately delaying the mining licence
-Antoinette eventually ignores these deliberate ploys to delay AVZ a mining licence and does what Felix says "hurry up with the mining licence", clearly because there's big money the DRC are missing out on in the mean time and he's trying to bring foreign investors into the battery hub
-AVZ get a decree that the mining licence has been ticked off and just waiting to come through "within days"
-A week later instead of the Mining licence AVZ go into suspension with our back against the wall contemplating either going to arbitration with the ppl who stole 15% of the DRC's asset that we had first right to or to ignore the thieves and to just go about business as usual but have these thieves ready to launch an attack again at any time
-Felix and the government remain silent on the entire issue as AVZ prepare to go to arbitration to protect the DRC governments asset that they have agreed to give AVZ first right to buy

Felix needs to step up now, It's so blatantly obvious what he needs to do, that is kick Zijin out of the country entirely, clean out anyone who deliberately delayed AVZ's ML and signed the 15% over to Zijin, I suspect the same ppl. This, and this alone will stand as a precedent for those that may wish to attempt anything similar in the future.

Nige, Felix, Antoinette and gang....NO MORE ROAD SHOW'S.....fix what needs to be fixed...ASAP

 

[Samus]

Just a bit of hindsight perspective of how this went down..

-Felix calls for a review of the mining sector late last year, including stopping awarding ML's, just as AVZ ML is meant to be issued " imminently"
-At the exact same time Cominiere is selling off 15% of Dathcom illegally from under him on the cheap and ignoring AVZ's first rights to it
-Cominiere also at the same time sending requests to and from AVZ for more information in regards to the FS and saying they have issues with it deliberately delaying the mining licence
-Antoinette eventually ignores these issues Cominiere raise and does what Felix says "hurry up with the mining licence" clearly because there's big money the DRC is missing in the mean time and he's trying to bring foreign investors into the battery hub
-AVZ get a decree that the mining licence has been ticked off and just waiting to come through "within days"
-A week later instead of the Mining licence AVZ go into suspension with our back against the wall contemplating either going to arbitration with the ppl who stole 15% of the DRC's asset that we had first right to or to ignore the thieves and to just go abt business as usual but have these thieves ready to launch an attack again at any time
-Felix and the government remain silent on the entire issue as AVZ prepare to go to arbitration to protect the DRC governments asset that they have agreed to give AVZ first right to buy

It's so blatantly obvious what Felix needs to do, that is kick Zijin out of the country entirely, clean out anyone who deliberately delayed AVZ's ML and signed the 15% over to Zijin, I suspect the same ppl. This and this alone will stand as a precedent for those may attempt anything similar in the future.

Nige, Felix, Antoinette and gang....NO MORE ROAD SHOW'S.....fix what needs to be fixed...ASAP

Bingo!
You got it right this time
Get rid of those turkeys and strip them of their assets.
Snake in the grass pieces of

 

[CashKing]

Winenut I wonder if I get my GA back I gave you just then if you get modded on hot slapper…

Lol

 

[Winenut]

Winenut I wonder if I get my GA back I gave you just then if you get modded on hot slapper…

Lol

Geez you're fkn quick LOL!

I sorted out my sick daughter, biopsied wife, somewhat normal 14 year old son, cooked Mexican .....(had a few classy McLaren Vale red blends) and posted this on the redundant and stupid crapper...

Here's the post....



"Oh you cheeky, never seen before, one off, haven't got a feckin' clue (Oh geez I'm suspended by the Gestapo for sayin' feck probably), 9-5 paid patsy, pee-weak pants, funny old trolls!!!

It is absolutely hilarious to hear your Goodness Almighty, "oh I'm sooooo clever", rancid opinions on this stock that you've.....ummm.......what.......ummm......never.....ever..... ever... ever... ever... ever... owned!!!! BAHAAHAAHAA!!!!

No skin in the game??....never had???....what the feck are you doin' here you funny little folk?

Oh the number of posts in your history.....the number.....the number......the absolute .....absolute ....pitiful number.....BAHAHAAHAAHAHAAHAA!!

I mean seriously????

Seriously????????

You've posted nothing on this whole forum and now you're an expert on this particular stock??? AVZ????

BAAAHAAHAAHAAHAAH!!!!

Who pays your pitiful salary??????

Genuine question...

I couldn't care less actually but maybe I can get you a better deal than peddlin' rubbish on anonymous forums???

Just sayin'

Tell you what........come over here........c'mon'.......you've read this far.......c'mon........seriously ......it's all cool ........c'mon....................




SURPRISE!!!!

BAAHAAHAAHAAA!!!


Seriously how stupid are you??????

Oh!!!! .... sorry

Just absolutely (and I mean absolutely) this tickles my ball bag!!!!!!!!

Hey just checkin' there mods ......now c'mon......

I play a bit of 8 ball and billiards at my incredibly favourite, covid managing, struggling but real local pub and drive through that have battled through Covid for 2 years .......so don't guess all wrong about that vernacular

So....where were we???

Oh yeah....back to the paid trolls

Here you go..........I'll give you a few cents more than you're getting now

That'll probably be enough to flip you any way the wind blows

 

[Samus]

Geez you're fkn quick LOL!

I sorted out my sick daughter, biopsied wife, somewhat normal 14 year old son, cooked Mexican .....(had a few classy McLaren Vale red blends) and posted this on the redundant and stupid crapper...

Here's the post....



"Oh you cheeky, never seen before, one off, haven't got a feckin' clue (Oh geez I'm suspended by the Gestapo for sayin' feck probably), 9-5 paid patsy, pee-weak pants, funny old trolls!!!

It is absolutely hilarious to hear your Goodness Almighty, "oh I'm sooooo clever", rancid opinions on this stock that you've.....ummm.......what.......ummm......never.....ever..... ever... ever... ever... ever... owned!!!! BAHAAHAAHAA!!!!

No skin in the game??....never had???....what the feck are you doin' here you funny little folk?

Oh the number of posts in your history.....the number.....the number......the absolute .....absolute ....pitiful number.....BAHAHAAHAAHAHAAHAA!!

I mean seriously????

Seriously????????

You've posted nothing on this whole forum and now you're an expert on this particular stock??? AVZ????

BAAAHAAHAAHAAHAAH!!!!

Who pays your pitiful salary??????

Genuine question...

I couldn't care less actually but maybe I can get you a better deal than peddlin' rubbish on anonymous forums???

Just sayin'

Tell you what........come over here........c'mon'.......you've read this far.......c'mon........seriously ......it's all cool ........c'mon....................


SURPRISE!!!!

View attachment 6295
BAAHAAHAAHAAA!!!


Seriously how stupid are you??????

Oh!!!! .... sorry

Just absolutely (and I mean absolutely) this tickles my ball bag!!!!!!!!

Hey just checkin' there mods

......now c'mon......

I play a bit of 8 ball and billiards at my incredibly favourite, covid managing, struggling but real local pub and drive through that have battled through Covid for 2 years .......so don't guess all wrong about that vernacular

So....where were we???

Oh yeah....back to the paid trolls

Here you go..........I'll give you a few cents more than you're getting now

That'll probably be enough to flip you any way the wind blows

Was talking to one of my clients today about cyber misinformation campaigns on social media. Ain't no joke really, becomes pretty scary when you're talking about advancements in AI.
You've got up to about a 40/60 split of regular assholes & paid schmucks. Usually from non western countries just stirring general unrest.
Bots depending on the platform.
HC seems rife with the shit, repetitive twisting of the true narrative until it is lost.
All out assault with regular stupid ass dirt bags getting a stiffy over it and joining in.

 

[Winenut]

Can anyone confirm if this is accurate?

If so huge stuff up from management, and who is our lawyer, we need a new one lol

If it's true then we need to forget abt arbitration, courts, any of it, dont dare bloody waste shareholders time and money....give them their 15% with our tail between our legs and get on with the bloody show (with a new lawyer), idk we obviously need more details, but doesnt look good from a glance


View attachment 6299

yep that's a shitter

In the back of my alcohol riddled memory (just kidding) I remember someone (okay probably Zijin) mentioning AVZ not calling a SH's meeting as a reason for issues around the pre-emptive rights

I had to add the "just kidding" as it seems like shareholders, tweeters, AVZ management, the DRC Govt, FT, Cominiere officials, Chinese national companies and every man, woman and dog are going to get dragged into this shit vortex so best cover your arse

Better get a lawyer son.......better get a real good one

Shouldn't be in this position at all but hopeful we have played by the rules, dotted the fkn i's and crossed the fuckin' t's so AVZ and the DRC and the right partners/investors can get on with the job

 

[Samus]

Can anyone confirm if this is accurate?

If so huge stuff up from management, and who is our lawyer, we need a new one lol

If it's true then we need to forget abt arbitration, courts, any of it, dont dare bloody waste shareholders time and money....give them their 15% with our tail between our legs and get on with the bloody show (with a new lawyer)


View attachment 6299

I remember reading it somewhere myself but I'm not sure if it was coming from the zijin side or a more general article.
Whether it's accurate or not who knows.
The waters have been muddied successfully.
I think that posters heart is in the right place and they're concerned with their investment as we all are but there's just not enough known legitimate info to go by.
I'm hoping avz is digging well in to that 76mil for an army of good lawyers if it's necessary.

 

[Winenut]

Can anyone confirm if this is accurate?

If so huge stuff up from management, and who is our lawyer, we need a new one lol

If it's true then we need to forget abt arbitration, courts, any of it, dont dare bloody waste shareholders time and money....give them their 15% with our tail between our legs and get on with the bloody show (with a new lawyer), idk we obviously need more details, but doesnt look good from a glance , welcome aboard Zijin, now help build this bloody mine you sly dogs


View attachment 6299

Sorry a bit more serious...it would have been a Dathcom meeting that is in question IMO

 

[Schnitzelfresser]

If this is Right then This Project was Indeed top big for NF. And Management should better get lawyers themselves…

 

[Mr Inappropriate]

Looks like a similar court case at the ICC as FAR Ltd regarding pre-empting rights about COP's sale of Senegal oil assets.
FAR lost it's pre-emption rights and WPL was allowed to buy COP's share.

Case is slightly different, but there are similarities.

The reason FAR lost was COP argued it didn't sell a percentage of Senegal oil interests, but it sold an entire subsidiary company, so there were no pre-emptive rights involved.
Here there are pre-emptive rights involved, where Cominiere did a shonky with DATHOMIR and held a meeting regarding the deal without major share holder AVZ present. Again another shonky, it looks like Cominiere appointed a person, who voted on AVZ's behalf. That is how I understand it.

Will Felix be impressed, if his 90% government owned company is on the world scene exposed as the shonky brothers, taking in account that he needs lots of World International Funds to develop his country?
I reckon Felix is pissed off with Zijin and Jin Cheng in particular to the extreme.
Will he support AVZ?
If he is fair and above board, one would say yes, however money speaks and Zijin, backed up by China, has very deep pockets.

TBH, I didn't like it when Nigel was locked up in WA with Covid and we saw pictures of Felix having little cosy cups of tea with the Chinese mafia.

But Tim will tell.

Maybe Felix will call the parties involved into his office and try to get this settled, before going the entire 6 months through court, with all the BS involved. Felix wants his battery factory, so Nigel has to be delicate.

I was going to post the same thing re FAR. FAR were dead-set certain they had had their pre-emptive rights violated - it turned out that the other actors had better legal people than FAR who went on to waste heaps of shareholder valuable DEVELOPMENT TIME chasing it down the rabbit hole.

Accordingly, I take AVZ’s confidence with a grain of salt. In fact I’ll say it out loud AVZ won’t win UNLESS the transaction was probably corrupt. Damn I hope I’m wrong…

If we lose the 15%, all bets are off and we start negotiations with all potential partners from first principles. If that means we need to pay a break fee to CATH, so be it.

Also, were you a holder @cruiser51? I was, and they were not fun times - they tied up my capital for yonks whilst under suspension…

 

[Mr Inappropriate]

Can anyone confirm if this is accurate?

If so huge stuff up from management, and who is our lawyer, we need a new one lol

If it's true then we need to forget abt arbitration, courts, any of it, dont dare bloody waste shareholders time and money....give them their 15% with our tail between our legs and get on with the bloody show (with a new lawyer), idk we obviously need more details, but doesnt look good from a glance , welcome aboard Zijin, now help build this bloody mine you sly dogs


View attachment 6299

On reading the highlighted, I’m willing to bet a small body part that’s how it went down. I think we are hosed vis-a-vis the 15%. Thinking caps on now for the AVZ team - something about a sow’s ear and a silk purse…

For further content, and in case anyone was wondering how things might pan out, the PRC has been making these kind of investments in African countries for exactly these kinds of moments. Prepare for a rogering.

China, DRC sign MoU on Belt and Road cooperation - Xinhua | English.news.cn