AVZ Discussion 2022

cruiser51 · 2025-09-01T17:55:15+1000

wombat74 said:
Reckon you are spot on Strongman . The whole idea was for Kobold to pay AVZ to drop Arbitration and walk away . Thought peanuts $$$ would get it done . Now they are throwing a hissy fit and throwing it back to the DRC gov to sort out in the hope AVZ will cave in and accept their offer . Yanks need to wake up and make an acceptable offer . IMO

I think it is more like:
Kobold has been informed by a their lawyers, that if the DRC doesn't solve their legal problems with AVZ, all Kobold will be buying is multitude of ongoing arbitration cases. Of which they still have to study the finer details and implications.

Therefore KOBOLD has said: 'Listen Felix, sort your own self inflicted shit out, before we can do business'.
(They said that of course after getting the other PR's assigned to them)

Comminière SA illegally, without reason (other than not making progress), kicked AVZ off the PR13359 lease and illegally cancelled a JV (The reason why AVZ could not make progress was, the DRC issued and without reason (other than lack of brown paper bags) withdrew the Mining License).
Don't the idiots understand that you cant mine or build a mine without a mining license?

Comminière SA sold against its contractual FROR obligations with its JV partner AVZ 15% of Dathcom to Zijin.
Followed by illegally cancelling the Datcom JV, of which Comminière SA a minority shareholder was and told AVZ PR13359 is now ours.
And that was not all, they followed through on second thoughts with illegally converting the 15% holding in Dathcom into more than half of PR13359 to Zijin and reassigned that within 1 month into an Exploitation Permit. (without doing any of the required exploration or other legal work, other than receiving another US$70 million, which surprising disappeared like snow in the sun.)

And now the DRC wants Kobold to clean up their mess and on top of that Comminière SA expects a finder's fee of US$ 1 Billion from Kobold.

So what has to happen to make things work??

The DRC has to clean up its own mess, remove Zijin from the northern section, kick a couple of criminal heads operating in Comminiè and reissue a ML to AVZ over the original PR13359, which according to CAMI was never cancelled, without that Kobold will simply walk away. And the ICSID arbitration will continue.

Kobold doesn't have any intention to stick both arms plus head in a DRC vipers nest, just to entertain Felix, or Trump and destroy their company in the process. They do have a responsibility towards their shareholders.

And we still haven't talked about the Hydro Power station for which AVZ had an Contract to refurbish with Snel.
(SNEL is a state-owned company in the DRC for electricity production, transmission and distribution.)

Now Wombat your argument...
I would say AVZ begrudgingly will walk away from Manono, after Kobold drops US$10 Billion in AVZ's bank account, otherwise no deal.

BTW DRC, China, USA and Australia are all members of ICSID, see below, so please ignore the trolls, who tell you different.

wombat74 · 2025-09-01T20:38:45+1000

cruiser51 said:
I think it is more like:
Kobold has been informed by a their lawyers, that if the DRC doesn't solve their legal problems with AVZ, all Kobold will be buying is multitude of ongoing arbitration cases. Of which they still have to study the finer details and implications.

Therefore KOBOLD has said: 'Listen Felix, sort your own self inflicted shit out, before we can do business'.
(They said that of course after getting the other PR's assigned to them)

Comminière SA illegally, without reason (other than not making progress), kicked AVZ off the PR13359 lease and illegally cancelled a JV (The reason why AVZ could not make progress was, the DRC issued and without reason (other than lack of brown paper bags) withdrew the Mining License).
Don't the idiots understand that you cant mine or build a mine without a mining license?

Comminière SA sold against its contractual FROR obligations with its JV partner AVZ 15% of Dathcom to Zijin.
Followed by illegally cancelling the Datcom JV, of which Comminière SA a minority shareholder was and told AVZ PR13359 is now ours.
And that was not all, they followed through on second thoughts with illegally converting the 15% holding in Dathcom into more than half of PR13359 to Zijin and reassigned that within 1 month into an Exploitation Permit. (without doing any of the required exploration or other legal work, other than receiving another US$70 million, which surprising disappeared like snow in the sun.)

And now the DRC wants Kobold to clean up their mess and on top of that Comminière SA expects a finder's fee of US$ 1 Billion from Kobold.

So what has to happen to make things work??

The DRC has to clean up its own mess, remove Zijin from the northern section, kick a couple of criminal heads operating in Comminiè and reissue a ML to AVZ over the original PR13359, which according to CAMI was never cancelled, without that Kobold will simply walk away. And the ICSID arbitration will continue.

Kobold doesn't have any intention to stick both arms plus head in a DRC vipers nest, just to entertain Felix, or Trump and destroy their company in the process. They do have a responsibility towards their shareholders.

And we still haven't talked about the Hydro Power station for which AVZ had an Contract to refurbish with Snel.
(SNEL is a state-owned company in the DRC for electricity production, transmission and distribution.)

Now Wombat your argument...
I would say AVZ begrudgingly will walk away from Manono, after Kobold drops US$10 Billion in AVZ's bank account, otherwise no deal.

BTW DRC, China, USA and Australia are all members of ICSID, see below, so please ignore the trolls, who tell you different.

View attachment 90499 View attachment 90500 View attachment 90502 View attachment 90503 View attachment 90504
View attachment 90505 View attachment 90506 View attachment 90507 View attachment 90508 View attachment 90509

So here is the Question . What was Kobold's offer to AVZ about ? If AVZ had accepted Kobold's low ball offer ,weeks ago now, would Kobold not now hold the rights to Roche Dure ? The issues you refer to did not seem to be a problem during the initial stages of Negotiations when Kobold was trying to screw AVZ .Bottom line is Kobold tried to rat f--k us and came up empty . Now they are trying to bully us by throwing it back to the DRC to resolve in the hope we cave in and take their pathetic offer .Unless of course the US are strong arming the DRC to resolve the issue . Security for Minerals/Largest Lithium Deposit on the planet/ Can't let China keep f--king us in the arse yada yada . But really I just think it's Kobold trying to rat f--k us . IMO

cruiser51 · 2025-09-01T22:21:29+1000

wombat74 said:
So here is the Question . What was Kobold's offer to AVZ about ? If AVZ had accepted Kobold's low ball offer ,weeks ago now, would Kobold not now hold the rights to Roche Dure ? The issues you refer to did not seem to be a problem during the initial stages of Negotiations when Kobold was trying to screw AVZ .Bottom line is Kobold tried to rat f--k us and came up empty . Now they are trying to bully us by throwing it back to the DRC to resolve in the hope we cave in and take their pathetic offer .Unless of course the US are strong arming the DRC to resolve the issue . Security for Minerals/Largest Lithium Deposit on the planet/ Can't let China keep f--king us in the arse yada yada . But really I just think it's Kobold trying to rat f--k us . IMO

So here is your answer, ask that idiot the dunnie, he believes he knows everything.

On another note, it is pretty obvious that AVZ did not accept Kobold's offer. That is why we are where we are.
It is pretty safe to conclude that the BOD did not consider the offer serious.
That is where the expression a serious offer emanates from.

I do agree with your observation that Kobold tried to low ball us, followed by trying to screw us.
Nigel & co very obvious were expecting this.

I don't see throwing the issue back at the DRC is 'trying to bully us'.
It is simply saying Felix you have the cards to solve your shit, don't expect us to clean your arse.

I think the attitude of the DRC is kindergarten stuff.
They say, you solve our problems and pay us a search fee of US$ 1 Billion, because we worked so hard.

These fucking idiots never stop until they are strung up on the highest light mast in front of the Chinese built Palace in Kinshasa.
Their judicial system is laughable.
The only way to clean these wankers up is a massive revolt.

Will the fat fucker survive that? I hope not.

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