AVZ Discussion 2022

JAG

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Okay - I think we’ve seen these letters previously, have we not?

We’ve also seen AVZ’s “cease and desist” letter (to Cominier and Zinjin) on 8 Nov 2021, however what I’d really like to see is the letter outlining AVZ’s offer for the 15%. What did we offer, and when was it made? Was it within the 40 day period outlined in the above letter? Is the 40 day period even a valid thing? So many questions?

TLDR - can anyone obtain our letter of offer?
 
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Onthefm

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Onthefm

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If I’m to have the piss taken out of me, I want the full experience, not to be cut short, in the final throws of the year, where’s my tweet elcapitano of bullshit?
Because even the nige can't spin this. After the ss the debacle.
 
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Rediah

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I'd like to point something out, which is only conjecture by me and suspision.

Netoo Sethi more and more posts and writes in the style of Der Geist.
We have a very similar style person here who appears to be "in the know", which is geist's style.
Sounds good and all, but how the fuck would he have any idea about the information he's posting.
Unverifyable, appears to have upper or insider knowledge.

I'm pretty sure it's just Geist doing the same thing he does.
He want's to appear like an above the crowd knowledgeable poster, who has contacts, name drops, screenshots of personal texts, ect.
To what end I have my suspitions.

Just be aware that's all.

Also Geist blocked me when I threatened him with exposing his motives, intresting eh?
The person is real , only thing to verify is if he is indeed the twitter handler of that account.

If I can get to talk to him over the phone I will be able to verify that too

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The Fox

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BEISHA

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Neetoo, you dumb little fuck, if MANONO is put on hold until 2023 elections, then it will be confirmed that FT is a spineless weak piece of shit that is all talk and no action when combating corruption, he no longer will be trusted and would sure as hell have no chance on being re elected !!

FT needs to ACT NOW and make a statement that corruption is not tolerated at all, both on his side of the fence and the chinese actors side of the fence..............then and ONLY then, will he garner the respect of the locals and international community.

AVZ should never of had to go to the ICC courts to seek justice, FT should have acted promptly on the IGF report and told DATHOMIR / ZIJIN to .................FUCK OFF in May / June.

AVZ has been severely disrespected and left out to dry........:mad::mad::mad:


Not a good look FT......:cautious::cautious:


The global community is watching FT................make a fucking statement by awarding AVZ the ML ASAP and lets start making this BATTERY hub a reality ...............NOW !

If the locals see action in that regard early 2023, then you give yourself a excellent chance of re election and a opportunity to create a legacy of .............." MAKING DRC GREAT AGAIN "

Then the international community will follow your lead.

Until then............


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Okay - I think we’ve seen these letters previously, have we not?

We’ve also seen AVZ’s “cease and desist” letter (to Cominier and Zinjin) on 8 Nov 2021, however what I’d really like to see is the letter outlining AVZ’s offer for the 15%. What did we offer, and when was it made? Was it within the 40 day period outlined in the above letter? Is the 40 day period even a valid thing? So many questions?

TLDR - can anyone obtain our letter of offer?
There isn't an offer by AVZ in 2021. AVZ originally made an offer in 2019 (when lithium price was much lower and pre DFS) for $15m USD. There are documents for that offer that have been posted here and on Twitter. But there are no public documents currently available for an AVZ offer in 2021 because it doesn't exist imo

Cominiere's argument is that they told AVZ about the offer from Zijin and AVZ said they wanted to buy the 15% but didn't indicate if they accepted the $33m USD purchase price within the 40 days time limit. Which is absolutely bonkers. Of course AVZ would have bought it for $33m USD. The key fact is the offer from Zijin was never shown to AVZ. Cominiere lied.

Sorry about the quality but this is from page 2 of AVZ's November 8th 2021 letter

20221231_000124.jpg


For anyone that can't read the highlighted bit it says 'Neither Dathcom mining nor the shareholder AVZI received such notice and did not benefit from this right'. It's impossible to make an offer when you weren't aware the sale was happening. That's why Zijin are toast at the ICC imo

Legally AVZ still have the right to pay the $33m USD that Cominiere agreed to sell for but we will end up paying the $150m USD that the DFS values 15% of the project at imo
 
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TDITD

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There isn't an offer by AVZ in 2021. AVZ originally made an offer in 2019 (when lithium price was much lower and pre DFS) for $15m USD. There are documents for that offer that have been posted here and on Twitter. But there are no public documents currently available for an AVZ offer in 2021 because it doesn't exist imo

Cominiere's argument is that they told AVZ about the offer from Zijin and AVZ said they wanted to buy the 15% but didn't indicate if they accepted the $33m USD purchase price within the 40 days time limit. Which is absolutely bonkers. Of course AVZ would have bought it for $33m USD. The key fact is the offer from Zijin was never shown to AVZ. Cominiere lied.

Sorry about the quality but this is from page 2 of AVZ's November 8th 2021 letter

View attachment 25654

For anyone that can't read the highlighted bit it says 'Neither Dathcom mining nor the shareholder AVZI received such notice and did not benefit from this right'. It's impossible to make an offer when you weren't aware the sale was happening. That's why Zijin are toast at the ICC imo

Legally AVZ still have the right to pay the $33m USD that Cominiere agreed to sell for but we will end up paying the $150m USD that the DFS values 15% of the project at imo
After the serious lack of support from DRC government officials who we apparently have been in discussions with this whole time and have a great relationship with (farken what I hear you say), I’m more than happy to have ICC declare we haven’t had our JV contract adhered to an so we have 40 days to agree to buy on the same terms. It isn’t just the corrupt players fucking us here, so too are those many politicians unwilling to push this project, the largest elephant in the room being Felix of course.
 
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Onthefm

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U
View attachment 25646

Neetoo, you dumb little fuck, if MANONO is put on hold until 2023 elections, then it will be confirmed that FT is a spineless weak piece of shit that is all talk and no action when combating corruption, he no longer will be trusted and would sure as hell have no chance on being re elected !!

FT needs to ACT NOW and make a statement that corruption is not tolerated at all, both on his side of the fence and the chinese actors side of the fence..............then and ONLY then, will he garner the respect of the locals and international community.

AVZ should never of had to go to the ICC courts to seek justice, FT should have acted promptly on the IGF report and told DATHOMIR / ZIJIN to .................FUCK OFF in May / June.

AVZ has been severely disrespected and left out to dry........:mad::mad::mad:


Not a good look FT......:cautious::cautious:


The global community is watching FT................make a fucking statement by awarding AVZ the ML ASAP and lets start making this BATTERY hub a reality ...............NOW !

If the locals see action in that regard early 2023, then you give yourself a excellent chance of re election and a opportunity to create a legacy of .............." MAKING DRC GREAT AGAIN "

Then the international community will follow your lead.

Until then............

Jellyfish
 

Onthefm

Regular
After the serious lack of support from DRC government officials who we apparently have been in discussions with this whole time and have a great relationship with (farken what I hear you say), I’m more than happy to have ICC declare we haven’t had our JV contract adhered to an so we have 40 days to agree to buy on the same terms. It isn’t just the corrupt players fucking us here, so too are those many politicians unwilling to push this project, the largest elephant in the room being Felix of u mean felix the rat.
 

Onthefm

Regular
After the serious lack of support from DRC government officials who we apparently have been in discussions with this whole time and have a great relationship with (farken what I hear you say), I’m more than happy to have ICC declare we haven’t had our JV contract adhered to an so we have 40 days to agree to buy on the same terms. It isn’t just the corrupt players fucking us here, so too are those many politicians unwilling to push this project, the largest elephant in the room being Felix of u mean felix the rat
After the serious lack of support from DRC government officials who we apparently have been in discussions with this whole time and have a great relationship with (farken what I hear you say), I’m more than happy to have ICC declare we haven’t had our JV contract adhered to an so we have 40 days to agree to buy on the same terms. It isn’t just the corrupt players fucking us here, so too are those many politicians unwilling to push this project, the largest elephant in the room being Felix of course.
U mean Felix the rat? 100%.
 
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j.l

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That point is interesting...Cominiere SA never consulted its partner AVZI but sent a letter to the parent company AVZ.
what was in the letter? an invitation to vote or just a information that they sold to zijin?

Perhaps this is the point the MoP criticized when she spoke about omniscient corporate structures. And maybe for her it was not clear in which situation she or cominiere have to deal with AVZ or AVZI.

Of course, we don't know when what exact happened and at what time, but to maintain a good working atmosphere with the partners. Is it really too much to hand over the letter from AVZ to AVZI for our management? if it was only for protection, of course, that's something else. But in the end cominiere have tried to consultate the partners, in which form who knows, but maybe the managment thought wrong company don't need to response. But thats a big maybe, because i can't know. But only in theory if cominiere made a first step I wonder if the management could have saved us from this bullshit if they had approached some things differently.

and I wonder where the extension of the cath deal is? But i don't think Mr. Pei visit AVZ to say to the management that he withdraw.
This possibility that the ROFR debacle exists because the notice was sent to AVZ, not AVZI concerns me.
If this is really AVZ's line of defence on the matter (ie we weren't told about Zijin offer) it speaks of hubris, laziness and complacency on management's part. I really hope there's more to our defence than that...
 
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That point is interesting...Cominiere SA never consulted its partner AVZI but sent a letter to the parent company AVZ.
what was in the letter? an invitation to vote or just a information that they sold to zijin?

Perhaps this is the point the MoP criticized when she spoke about omniscient corporate structures. And maybe for her it was not clear in which situation she or cominiere have to deal with AVZ or AVZI.

Of course, we don't know when what exact happened and at what time, but to maintain a good working atmosphere with the partners. Is it really too much to hand over the letter from AVZ to AVZI for our management? if it was only for protection, of course, that's something else. But in the end cominiere have tried to consultate the partners, in which form who knows, but maybe the managment thought wrong company don't need to response. But thats a big maybe, because i can't know. But only in theory if cominiere made a first step I wonder if the management could have saved us from this bullshit if they had approached some things differently.

and I wonder where the extension of the cath deal is? But i don't think Mr. Pei visit AVZ to say to the management that he withdraw.
This possibility that the ROFR debacle exists because the notice was sent to AVZ, not AVZI concerns me.
If this is really AVZ's line of defence on the matter (ie we weren't told about Zijin offer) it speaks of hubris, laziness and complacency on management's part. I really hope there's more to our defence than that...
I'm really not sure where you two got the idea that the offer letter was sent to AVZ instead of AVZI. Or why that would matter. I highly recommend that you both brush up on how corporate ownership structures work.

Just in case anyone is still confused let me spell it out again. Cominiere didn't tell Dathcom / AVZI / AVZ or anyone else that they were selling the 15% to Zijin. They also took bribes from Zijin to do this. That's why the CEO and technical director of Cominiere were arrested.

Here is AVZ's full letter from November 8th 2021. Please read carefully before jumping to any more wild conclusions:

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Interesting…

 
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Charbella

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Charbella

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Even when I search the Number 13698 there is nothing. The website have often bugs and on a other page I read something in the past that the trimble landfolio server have often problems too. But even when the site have bugs in the past and I can’t find a license I always found it when I searched for the license number. So this is really new. DG of cami didn’t see what he is doing because of to much tears in his eyes? :D
Agreed🫢🫢🫢
 
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Charbella

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The permit numbers for all existing tantalex related tenements have changed as well.
PR12247 to PE12447 granted
PR12248 to PR 12448
PR13348 is also gone.
 

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The permit numbers for all existing tantalex related tenements have changed as well.
PR12247 to PE12447 granted
PR12248 to PR 12448
PR13348 is also gone.
Ok, so someone at CAMI has the crayons out again. Or maybe it’s “bring your kid to work day“ and they let them loose on Trimble?
 
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I have read it. And never said anything about in the letter was a offer. So please read my post carefully too!

At the end nigel clearly stated: Cominiere SA never consulted its partner AVZI but sent a letter to the parent company AVZ.

And my question is….what stands in the letter? Was it a invitation for the first speaking about a deal? Was it just the information that cominiere making a deal and sell it to zijin? Or was it just a bday gift card? nothing more.

And it’s a fact that the Minister of portfolio criticized in a letter that it’s confusing when to interact with avz or avzi. Nothing more again.

Like I said before I have no idea what was in the letter written by cominiere. And it’s only interesting when it was the first invite for a consultation of the jv partners to maybe discuss the zijin deal. And when cominiere get no response, it could be the trigger to continue discussions with zijin. But that’s just a theory, and it would only be interesting when it was a invitation before the zijin deal was done. I know they are dodgy as fuck but in the letter from nigel is no word about what stands in cominieres letter and which date got it.

like a prosecutor, i seek incriminating and exculpatory evidence for both sides. I don't think our management has done everything flawlessly in the past. whether it is just a lack of involvement in building a meaningful working relationship which could be a little part that brings us in that situation. So Please don't say things I've never said, like i did when you post anything. I’m very carefully in my words and when i have a feeling about someone’s thoughts but not sure if I interpreted it in the right way, I just ask again.
Sorry for misinterpreting what you meant

The AVZ letter clearly states 'Cominiere SA never shared the offer that Zijin mining made, via its subsidiary Jin Cheng Mining, for the 15% shares in Dathcom Mining with AVZI/AVZ. AVZ has only been made aware of the offer via the scandalous court order that has now been quashed and subsequently has not been able to exercise it's legal pre-emptive rights.'

The part about the letter being sent to AVZ instead of AVZI is regarding a letter sent by Cominiere notifying AVZ that they were going to sell to Zijin. So I was wrong about that too haha. But if the offer was sent to AVZ instead of AVZI it would have been sufficient imo. I forgot about the tweet below from Franck Fwamba where he explains exactly what happened.

20221231_094138.jpg


Cominiere did inform AVZ of their intention to sell to Zijin but did not include the price. AVZ responded with a letter that they wanted to enforce their pre-emption right and asked what Zijin's offer price to Cominiere was. They followed up 2 days later via email reminding Cominiere of AVZ's first right of refusal and asked again what the price offered by Zijin is. AVZ never received a reply to either of those requests.

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