obe wan
Regular
Yes, that's my understandingMate so is the ML available to us for Roche Dure if we accept ?
Yes, that's my understandingMate so is the ML available to us for Roche Dure if we accept ?
Thanks obe wan . That is good to know . I can live with that .Yes, that's my understanding
Mate have you talked to the hermits in West perth regarding the 10 m ton dfs. Ie is it finished and if it isn't why isn't it. As I'd rather money be spent on that rather than pre works. At least dfs is salable. CheersGood post and pretty much the way I've heard it. The only WTF that pokes it's head out hard, is that apparently AJN also have an application lodged for the northern part; we all know that they (CAMI) as per mining code can't just dissect pieces of original whole tenements which was original awarded under an exploration licence.
The decree was awarded which only contained and provided exploitation rights to Roche Dure ; Carrier was to be renumbered and would become a new exploration tenement under it's own number ; but with newly created tenement numbers, these generally result in new applications...as far as I'm aware AJNs / congo resources application is lodged.
If AVZ was awarded South ( which they basically have ) then our name would be on the Cami website for the southern Zone ( which it is ) ; if AVZ we're being granted North as an exploration licence, then on the Cami website it should have a new number and state AVZ ( which it doesn't) ....
There's also rumour that AVZ agreed to the Southern grant and the Northern area to be numbered and issued as a 5 year exploration ; but in doing that there was some bending in it's meaning by DG Cami, in that new number, new application and it didn't mean that AVZ would just get it automatically I.e. It was basically revoked ; the AJN lodgement of their application would back that up.
AVZ called B/S on this move and the lawyers were in at it again. All AVZ are apparently waiting on is for DG to issue the ML, but still CAMi website shows Carrier as being blank and the AJN application is still lodged.
Surely if that was all sorted out, maybe we’d still be waiting on DG to issue the invoice, but as the area of land under the exploitation zone would be known that would be 5 seconds on a calculator ; but the Cami website should be showing Dathom 13359 adn Dathcom xyz ( north) , but it's still blank and as far as I know AJNs application is still in there ; also no explaination from anywhere on what's happened to TTXs tenement, TTX released anything on the Canadan or German exchanges either.......but all we hear is that we are just waiting on DG to sign an invoice....just feels like there's something a bit more to this
Last post for the day hopefully.... I know most here have a general understanding of what's going on but just to add a little more thickness to this corrupt mess:
1) Jean Felix Mupande Kapwa is conspiring with Simon Cong (Dathomir) and Klaus Eckhof (AJN)
Chantal Bashizi was appointed Administrative Director General of the Mining Cadastre (CAMI) on 27/12/2018 by a presidential order appointing representatives to the Mining Cadastre (CAMI). In her letter of June 16, 2021, the Minister of Mines, Antoinette Nsamba, gave the reason for this postponement. According to her, this postponement was made on the instruction of Prime Minister Sama Lukonde.
2) Adele Kayinda Mahina is conspiring with Cominiere and Zigin
The IGF Report found Adele Kayinda Mahina was complicit in the illegal and fraudulent transfer of shares from Cominiere to Zigin last year.... and here she is with Jean Sama Lukonde last year.
View attachment 26733
3) Jean Sama Lukonde Kyenge is conspiring with more than just Jean Felix Mupande Kapwa and Adele Kayinda Mahina
This woman, Xu Jinghu is the Special Representative of the Chinese Government on African Affairs. If nothing else, we have to say he is definitely a 'ladies man'
View attachment 26734
4) Why hasn't Felix Tshisekedi done anything???? Given....
The prime minister’s power has been reduced by the Presidential Strategic Watch Council (PSWC), a veritable monitoring body that was created when Tshisekedi and Kabila had their power-sharing deal. Its mission is to monitor the president of the republic’s commitments and ensure that the government implements them. It is headed by François Muamba, who is one of the head of state’s most influential advisors, and now occupies an unprecedented position within national institutions. By presidential decree, the PSWC “has been placed under the direct authority of the president of the republic, from whom it receives orientations, directives and instructions and to whom it reports on its mission.” This status places it at the same level as the prime minister’s office, thus allowing it to summon government members and demand activity reports from them.
Last post for the day hopefully.... I know most here have a general understanding of what's going on but just to add a little more thickness to this corrupt mess:
1) Jean Felix Mupande Kapwa is conspiring with Simon Cong (Dathomir) and Klaus Eckhof (AJN)
Chantal Bashizi was appointed Administrative Director General of the Mining Cadastre (CAMI) on 27/12/2018 by a presidential order appointing representatives to the Mining Cadastre (CAMI). In her letter of June 16, 2021, the Minister of Mines, Antoinette Nsamba, gave the reason for this postponement. According to her, this postponement was made on the instruction of Prime Minister Sama Lukonde.
2) Adele Kayinda Mahina is conspiring with Cominiere and Zigin
The IGF Report found Adele Kayinda Mahina was complicit in the illegal and fraudulent transfer of shares from Cominiere to Zigin last year.... and here she is with Jean Sama Lukonde last year.
View attachment 26733
3) Jean Sama Lukonde Kyenge is conspiring with more than just Jean Felix Mupande Kapwa and Adele Kayinda Mahina
This woman, Xu Jinghu is the Special Representative of the Chinese Government on African Affairs. If nothing else, we have to say he is definitely a 'ladies man'
View attachment 26734
4) Why hasn't Felix Tshisekedi done anything???? Given....
The prime minister’s power has been reduced by the Presidential Strategic Watch Council (PSWC), a veritable monitoring body that was created when Tshisekedi and Kabila had their power-sharing deal. Its mission is to monitor the president of the republic’s commitments and ensure that the government implements them. It is headed by François Muamba, who is one of the head of state’s most influential advisors, and now occupies an unprecedented position within national institutions. By presidential decree, the PSWC “has been placed under the direct authority of the president of the republic, from whom it receives orientations, directives and instructions and to whom it reports on its mission.” This status places it at the same level as the prime minister’s office, thus allowing it to summon government members and demand activity reports from them.
Ahh, fuck, I see you had already mentioned Klusterfuck Klaus. SorryI would add in Jean Felix Mupande Kapwa conspiring with Zijin on their Plan B which, as a start, seems to include the hydro-power contract.
As well, he is conspiring with AJN (or Klaus at least) over the so-called northern tenement, which if they were to be successful, would end up with Zijin - no question
not saying either of these will be successful, but they seem to be yet more roadblocks to frustrate progress
#clusterfuck
Kunt
I would add in Jean Felix Mupande Kapwa conspiring with Zijin on their Plan B which, as a start, seems to include the hydro-power contract.
As well, he is conspiring with AJN (or Klaus at least) over the so-called northern tenement, which if they were to be successful, would end up with Zijin - no question
not saying either of these will be successful, but they seem to be yet more roadblocks to frustrate progress
#clusterfuck
Kunt
Mate so is the ML available to us for Roche Dure if we accept ?
Why on earth did management take CAMI to court to finalise the licence if we aren't accepting it as it stands in the ministerial decree?Yes, that's my understanding
Here I go again with the old “Last post for the day hopefully”
I really don’t like being on here tying up the threads day in, day out but I have to say a few things to all the TSE readers
Firstly I realise it’s probably not the best thing to be using profanity here so often but it began in frustration (for many of us) and ended up being a source of fun that may or may not have gone to far, but I hope anyone who is constantly offended at least acknowledges that most of it comes from poster’s here that provide a lot of information and of course I’m aware that there are also more dignified posters. I just wanted to acknowledge that before moving on.
Secondly, an important reason for providing information here (that isn’t acknowledged) is that it provides less experienced shareholders with information to help provide a level playing field.
By that I mean, there are institutional and other investors that are more aware of what’s happening in and around companies (including those short seller arsewipes) that will try and manipulate stocks through any means possible.
Boatman is one example, the scam class action is another…. and yet another is Morgan Stanley, who will put out a report saying the price of lithium will go down (or EV sales will fall etc) right before they buy a whole lot of shares in lithium companies. Then they will put out another report saying the opposite when they want to do the opposite.
When stocks change indexes (eg going into the ASX200 and ASX100) skullduggery arises again in a different form, as big funds are forced into buying. If AVZ succeeds we could go into the ASX top 50 companies.
So many things for investors to consider, so making the playing field more even for everyone is important. Knowledge is important.
One could say we have picked the perfect time to be in suspension…. The global economy has slowed and growth will slow even further. The biggest economies in the world are facing recession.
Prices to construct projects are high due to inflation, interest rates are higher, supply chains experiencing delays as well as higher prices. China in the grip of a major and uncontrollable Covid outbreak, the US will be affected by the Reb’s in Congress and Dem’s in the Senate, higher energy prices affecting manufacturing due to the war in Ukraine and so on and so on.
You could also say we have avoided the big rises and falls other lithium companies like PLS, LTR, CXO etc have experienced.
That’s the glass half full approach…. I take a more realistic approach but my point is the more relevant information on here, the more it provides a level playing field and opportunity for less experienced investors to learn.
Having said all that, I am going to add a few things that are meant to provide a base point for others to consider. It’s how I consider our situation, and might be close to right and equally close to wrong but it’s my current base point, and no doubt the smart and the cunning and the unscrupulous investors have varying opinions around this
…. Now fuck me, after all that waffling I’ve nearly forgotten what that base point is!!
I don’t necessarily trust Felix or Marius or Lukusa. I would not be surprised if Felix didn’t give a shit who has ownership in Dathcom as long as it gets under construction so he can look good before the next election. I hope I am wrong, but the upside is that I still believe we will be owners in Dathcom, it’s just how much of it we own…. So hoping for the best, but just not believing the bullshit that comes from Marius and Lukusa until it becomes fact.
Base point two…. I believe we currently have $25mil left in the bank and by the time we get to arbitration we will have about $15mil in the bank so we will seriously have to start looking at capital.
You lot know me, I’ve always got something to say and the truth is I don’t want to be here and don’t want to be posting comments that are not necessarily positive, but in the end, what I believe is that investors should be on an even playing field and there shouldn’t be so much bullshit.
One thing I can think of that is positive is that the areholes who are trying to fuck us have gone quiet, and if they decided to try to use our capital situation against us, that’s something AVZ exec’s and BOD would be very aware of and should have under control
All my opinion only, and I’ll be fucked if I know why I keep putting myself through this…. Please @zeeb0t put me out of my fucken misery
But isn't the issue around what contained in the exploitation decree / licence offering and how it's contrary to what the mining code says .....understanding is that decree issued ; Management were aware of the North / South split ( exploitation / exploration both under AVZ ) , weren't overly happy, but happy enough to roll with it and contimued trading only for the handbrake to be pulled ,as CAMIs North is being remembered / revoked and ready to accept new applications” plan was rolled out on the benchtop and AVZ were told ye nah, the direction came from Felix, but you guys can make an application too.Why on earth did management take CAMI to court to finalise the licence if we aren't accepting it as it stands in the ministerial decree?
View attachment 26752
Would be good to know if AVZ have written proof in email exchange that the President did not say or request that the Northern Section be split up.But isn't the issue around what contained in the exploitation decree / licence offering and how it's contrary to what the mining code says .....understanding is that decree issued ; Management were aware of the North / South split ( exploitation / exploration both under AVZ ) , weren't overly happy, but happy enough to roll with it and contimued trading only for the handbrake to be pulled ,as CAMIs North is being remembered / revoked and ready to accept new applications” plan was rolled out on the benchtop and AVZ were told ye nah, the direction came from Felix, but you guys can make an application too.
That direction never came from Felix and AVZs legal eagles went back to recite the mining code for the umpteenth time.
Ye I've heard the one about AVZ bringing them into court and bring told that the reason for the hold up was because CAMI we're still calculating the mining rights figures......do I believe that..? No, that's ridiculous in my view, how could that be the cause of 8 months of chain dragging
It's not difficult for someone to asking for the mining application and process book run a calculation on the time between decree and ML in a frame ; they’d all be less than a month, but AVZ IS 8+ months ; I'm pretty sure if that was just the case then DG could be ordered by Felix to press the buttons or find a job in Maccas, as all the data is there
If AVZ had agreed to run with what was presented, then we’d be trading now and no doubt the northern section would probably already have been locked away and registered under AJN/ Congo resources in lightening speed .
Did AVZ bring CAMI to court just to get the licence released and get the calculator excuse...was it before, during of after that when the revoked part flushed out..? .who knows
Now my reply to wombat, as to if ML would be granted if we just agreed to the cut ; I responded yes, I've zero doubt that at the time that would have been correct ; but obviously we don't know how far this has gone up the ladder and what one way valves have been opened I.e. AVZ standing firm and looking for what rightful Dathcom are entitled to and wanting North and South..... That's exactly what is be doing, fuck Klaus, DG, MoP, Zijin and Co. Fwiw if it came out that northern area was gone to others, the is be looking for the best opportunity to sell out in the short term / medium term; I've no doubts that the Chinese would fick AVZ up by opening up Carrier in no time ;they’d have their licence with a 10 page application in less time than it would take us to build the plant ; DG would make sure of that .
If AVZ had of brought CAMi to court to get DG to release the licence alone and the excuse was his calculator was broken ; the court would have issued a date for it to be resolved by...assuming all things were legit and in line with the codes....problem is from my understanding, it wasn't in line with the code and that's what's caused the 8 month + delay and not DGs calculator
Your comment also suggests that it probably wasn't just a court case To get the license release without any issues involved - “It's only a misunderstanding because Nigel was talking about the process before the ministerial decree. We can't have a court order to issue the licence anymore because we already legally have the licence that management agreed to.”
Think it may have even been Frank who brought that one to light ; surfaced in a roadshow too fwiwWould be good to know if AVZ have written proof in email exchange that the President did not say or request that the Northern Section be split up.
Surely this is exactly what the IGF are after to implicate Mupande .? and others involved.?