AVZ Discussion 2022

DiscoDanNZ

Regular
HI disco

Yeah , a good time was had all round at the Como.

Great having a chat with you, you have a pearler Mrs as well, how the fuck you reeled her in i will never know.....:ROFLMAO::ROFLMAO::ROFLMAO:

I never said i had a big beard btw.....;)

Christ, its a crew cut compared to your rangy mop, how long have you been growing that ?

I reckon half the dinner gets lost there right ?

All the best with the new job .

Take care

I don't know how either, just need to keep reminding myself that I need her more than she needs me :ROFLMAO:

I had it for over a year and the then future wife hated it and said I wasn't allowed it for our wedding so a few months before I got rid of it, then she wouldn't come near me because I looked like a 10 year old boy without it so the current one is since 2018. I got half of it chopped off back in about May and the barber takes the whipper snipper to it every second month. It grows pretty well considering I only started growing it when I got out of carsales and realised I had no reason to shave anymore :ROFLMAO:. I don't actually lose much food in it but I can no longer eat soup safely :(

Can you PM that charting video you were talking about? The wife said she's interested to know more and since I'll be earning money again soon we might be able to afford 2 ASX gambling addictions :ROFLMAO:.

At least since we didn't discuss 'ol Twot Investor we have an excuse for another catch up in the future too.
 
  • Haha
  • Love
  • Like
Reactions: 4 users

wombat74

Top 20
I think AVZ management are happy either way as long as we get the whole tenement in one form or another. That is still a failure to understand the mining code imo but moving the project forward is more important to them at this stage.

We have taken CAMI to court to finalise the licence as it stands in the ministerial decree. Nigel said at the AGM 'Other steps in way of ML – CAMI have held up the invoicing, illegally in our view.' Which shows that they are willing to accept just the south as a PE if the north is retained by Dathcom as a PR.

Yes obviously what Mupande is saying in the court about calculating the surface rights is bullshit. But he can get away with saying whatever the fuck he wants because CAMI have autonomy and management allowed this 'dispute' to become a leveraging tool he can attempt to use. If AVZ ceded the north I'm sure his calculator would be working just fine.

AVZ management must ensure that we don't lose an inch of our tenement. It should be the whole area as a PE. Fuck going through applying for a new mining licence for the northern area. But if there must be a partition then we have to keep the north as a PR. If AJN somehow attained the north then Nigel would have to resign from AVZ because of the shares he holds in AJN. That is the entire reason for the suspension imo

Here is my post about a possible new ministerial decree or an amendment to the existing one from a few weeks ago:

View attachment 26922

From the AGM:

What happened after ML Decree, spurious yet we’re in suspension. What’s the main issue for ML – is it Dathomir, is Zijin ICC arbitration 15, dispute with exploration rights?

A: Lot of players in vogue here in country, lot of hatchet jobs being done – President had a bad view from being ill advised by detractors (e.g. we hadn’t done anything, didn’t have money experience, and were speculators). Detractors continuing, but slowly slowly we’re working to remove the blocks.

We knew Chinese would have a crack, but we did not expect parts of DRC government to be in on it?

A: Nor did we - “we thought it was gambit by Chinese groups to get project cheapest way. We weren’t aware it was also elements of the government complicit. We can’t go into it, but rest assured those people are being turned over within meetings with real information is being shared, and people put on the spot.

Collusion between all those 3 – namely Zijin, Jin Cheng, CAMI?

A: That would be astute thought

Issue that a portion of mines directorate said we hadn’t done the work on the northern tenement area, and shouldn’t get the north?

A: That’s not within the mining code. So 13359 should be retained in its entirety – however the northern area may need to come under a separate exploration tenement, even though that’s not the established process. – We know who’s behind this (e.g. DG CAMI)

What about AJN having a crack

A: “their premise is that we’ve returned the northern tenement to government. We haven’t. Draw a conclusion out of that”. I was a founding director and bought in as gold explorer. Found out late in the piece for a lithium plan – stepped away as soon as learned that. Shares bought before that lithium plan came into play. No conflict of interest.

Interview NF mentioned once mentioned once decree issued 10 day period before Court could issue the licence. What happened?

A: This was a misunderstanding. As soon as your documentation was in order and issued, this talk of periods was regarding the ministerial decree. Other steps in way of ML – CAMI have held up the invoicing, illegally in our view.
"If AJN somehow attained the north then Nigel would have to resign from AVZ because of the shares he holds in AJN. That is the entire reason for the suspension "

Or Nigel could sell his interest in AJN . So if AJN somehow take Nth CDL it's bye-bye Nigel ? We would have been far better off if CDL never existed .
 
  • Fire
  • Like
  • Thinking
Reactions: 5 users

Bin59

Regular
Never a dull moment in the DRC, a Chinese contract cancelled by Felix.

“As with the 100-day program, Tshilejelu is in particular a presidential project that is managed directly by the presidency through the Councillors of the Head of State.

The first consequence of this bitter finding by Head of State Félix Tshisekedi, the termination of the contract signed with the Chinese Company, CREC-7 on the Tshilejelu project.

The official reason would be the technical incapacity of the Chinese company requested for the deployment of the equipment and materials of the Tshilejelu project.”

 
  • Like
Reactions: 2 users

DiscoDanNZ

Regular
Back to the serious discussion here I'm not going to quote all the replies but in response to @obe wan , @Onthefm and @Carlos Danger RE: the northern section split my thought that's come from your posts over the last 24 hours is this...

IF there was some type of deal struck between us and Cominiere (whether through deception from them or not) that for us to gain the ML we need to split the tenement into Southern section for PE and Northern as a PR due to where we have/haven't done enough work to qualify it for a mineable resource and we then reapply for the PR on the northern section. Wouldn't this mean that, tying back in with the contract type paperwork part of this:

The ML has been granted and the tenement 'split' on the above basis otherwise there would be no seperate Northern section for AJN/King Kunt Klaus (no I'm not going to shorten that nickname btw) to apply for? Surely the awarding of the ML would be the equivalent of the deal being signed sealed and delivered thus creating the seperate tenement?

Let's say it's a block of land you were sub dividing, you apply to split it in two but before the council has even approved to the sub division another developer comes in and starts applying for DA on a section that technically doesn't even exist yet...

I'm not even going to go into the corruption side of it but another point to make would be how did AJN/King Kunt even know that there was going to be a tenement coming up for grabs that doesn't exist yet surely there is some type of confidentiality component to ML application's until they are approved/declined that has been breached.
 
  • Like
  • Thinking
Reactions: 7 users

Xerof

Biding my Time 1971
FUCK, the hotcrapper guys reckon this MMCS case to ICC is a good thing. Jesus wept

Remember 13559 replaced the very same tenement MMCS had ripped off them, for allegedly not making enough progress. Remember COMINIERE don't like us. Also remember Klausterfuck got us the tenement in the first place

I understand they probably have very little chance of success, but

FMD, someone tell me what happens if MMCS win the tenement back please?

sorry to spoil your day

Kunt
I mean Arsehole

I sound like Cleaver Greene off RAKE (one of the best TV series to come out of Australia btw)
 
  • Like
  • Haha
  • Sad
Reactions: 11 users
"If AJN somehow attained the north then Nigel would have to resign from AVZ because of the shares he holds in AJN. That is the entire reason for the suspension "

Or Nigel could sell his interest in AJN . So if AJN somehow take Nth CDL it's bye-bye Nigel ? We would have been far better off if CDL never existed .
If our managing director personally financially benefits from AVZ shareholders losing part of our prized asset then his position is completely untenable imo

100% agree Nigel should sell his shares in AJN. He should have done so immediately when he discovered that AJN were trying to get CDL and he put us into suspension. Why Nigel would still want to be in business with an absolute deadshit cunt like Klaus after all the crap he has done to us is to me a bigger red flag than you will find in all of China.

From later on in my post on December 20th:
20230113_093208.jpg
 
  • Like
  • Fire
  • Love
Reactions: 16 users

Bin59

Regular
1673563356551.jpeg


 
Last edited:
  • Thinking
  • Like
Reactions: 5 users

John25

Regular
Appreciate the effort here by many on TSE to provide information and conjecture over this very frustrating time. 😁

Signing off till the 1st of Feb, holidays afoot, eating, drinking, fishing, golf and maybe a root or two, so no point wasting X hours per day worrying about AVZ here or elsewhere IMO until something positive is announced by the company.

All the in's and out's have been discussed here over and over, at this stage there is nothing new to learn unless some news breaks out of the DRC concerning the corrupt players.

Fingers crossed Ml/PE comes through this month 😁

See you on the flip side all 👍

Cheers The Fox 🦊
Fox ….are Foxes similar too Wombats
1673563833055.jpeg
 
  • Haha
  • Like
Reactions: 12 users

JAG

Top 20
IMO, Nigel has known about the Northern section for quite a while now, even well before the Perth RS and failed to disclose to SH. :unsure:

Reflecting on my notes form the Perth RS, Nigel made it very clear that he was prepared to give up the Northern section and also stated "it doesn't matter due to the high mica content."

This northern section and his holding of shares in the competition has "dodgy as fuck" all over it.

Sorry, but Nigel is a SNAKE until he proves otherwise.

IMO
 
Last edited:
  • Like
  • Fire
  • Love
Reactions: 30 users

John25

Regular
1673564046023.gif

Plus also celebrating 36 weeks in Suspension
1673564177163.gif
 
  • Haha
  • Like
  • Fire
Reactions: 15 users

John25

Regular
IMO, Nigel has known about the Northern section for quite a while now, even well before the Perth RS and failed to disclose to SH. :unsure:

Reflecting on my notes form the Perth RS, Nigel made it very clear that he was prepared to give up the Northern section and also stated "it doesn't matter due to the high mica content."

This northern section and his holding of AJN shares has "dodgy as fuck" all over it.

Sorry, but Nigel is a SNAKE until he proves otherwise.

IMO
“Not a conflict of interest “we were told …nothing too see here SHs …doesnt matter which way we turn …we’re being bent over 🙈..Getting sick of being bent over …i want to bend someone over for a change
1673564429816.gif
 
Last edited:
  • Haha
  • Like
  • Wow
Reactions: 19 users
FUCK, the hotcrapper guys reckon this MMCS case to ICC is a good thing. Jesus wept

Remember 13559 replaced the very same tenement MMCS had ripped off them, for allegedly not making enough progress. Remember COMINIERE don't like us. Also remember Klausterfuck got us the tenement in the first place

I understand they probably have very little chance of success, but

FMD, someone tell me what happens if MMCS win the tenement back please?

sorry to spoil your day

Kunt
I mean Arsehole

I sound like Cleaver Greene off RAKE (one of the best TV series to come out of Australia btw)
The MMCS vs Cominiere is nothing new. Already ongoing since 2019. Status still pending meaning the alleged upcoming meeting is just another session in the ongoing process, not a new claim since the public notice by Amsterdam Lawyers was posted.


DYOR IMO
 
  • Like
Reactions: 9 users

Frank

Top 20
Never a dull moment in the DRC, a Chinese contract cancelled by Felix.

“As with the 100-day program, Tshilejelu is in particular a presidential project that is managed directly by the presidency through the Councillors of the Head of State.

The first consequence of this bitter finding by Head of State Félix Tshisekedi, the termination of the contract signed with the Chinese Company, CREC-7 on the Tshilejelu project.

The official reason would be the technical incapacity of the Chinese company requested for the deployment of the equipment and materials of the Tshilejelu project.”



Days of our DRC Lives.jpeg



*To add, fwiw,

Fiasco in the execution of the works of the Tshilejelu project: the presidency terminates the contract signed with Crec-7

Disappointed by the bitter observation made on the ground, the Presidency of the Republic terminated the contract for the execution of the works signed with the Chinese company Crec-7 following the slowness observed on the ground.

Information made public this Thursday, January 12, 2023.

According to concordant sources, the slowness observed in the execution of the work and the suspicion of embezzlement of public funds weighing on the file would be the straw that broke the camel's back at the level of the Presidency of the Republic.

It will be recalled that last March, the General Inspectorate of Finance predicted the fiasco of this project, which it described as a "planned scam".

In its report, it noted that after eight months of work: - 2 km of road were paved in Kinshasa;
– zero km in Mbuji-Mayi;
– only 6 km in all of Kasai Oriental out of the 25 km planned;
– in the cities of Tshikapa, Kabinda, Lusambo and Mwene-Ditu the work has not even started.

The price per km of road went from US$350,000/500,000 to be billed to the Congolese State to US$982,073.

– US$13,000,000 is said to have already been released by the bank between February and June 2021, but only US$4,061,583 has been used, US$8,938,417 has disappeared in obscure commissions (more than two thirds of the amount disbursed) .

As a reminder, Félix Tshisekedi had made an inspection visit in December in Grand Kasaï to inquire about the progress of the work.

Against all expectation, the finding was disappointing and it was in perfect contrast to the sums already released.

"I came to see with my own eyes whether they worked or not.

If they have not worked, they owe me relevant explanations, otherwise they will go to prison, "announced Félix Tshisekedi after going personally to Greater Kasai to inspect the progress of the work.


mediacongo


*Maybe he should visit Manono :unsure:
 
  • Like
  • Love
Reactions: 23 users

whales

Regular
yes of course ; but DG apparently informed AVZ that this splitting of Manono into North and South was decided by FT ; so really there wasn't too much AVZ could do but agree, hence they released to the market , Turns out DG was telling porkies , pretty sure Frank posted some dodgy DRC sourced document on the bird a while back, proving it was false.
So I assume they had it signed , but later found out that FT hadn’t given that direction at all ; hence why they pulled the handbrake and sent it into suspension and a phone call to the lawyers

View attachment 26892


The mining decree excludes a North ; AVZ can look to renew a 5 year permit ; but now DG is taking in applications from AJN and legal issues snowball ; AVZ needed to get stuck in at it and get that split and essentially a revoking to the north sorted out ; hence 8 months later

All mad...isn't it.....anyway that's my episode, something like that
What would you call under law a Director General of Cami using the President's Name falesly.
Is this exactly what IGF is set up to do.
Like said " Where is the proof " and if so Momentum should be exposing Mupande and bring him to court with the IGF.
Or there is no proof in writing or tape of conversation between request of splitting Northern section .
 
  • Like
  • Thinking
Reactions: 7 users

Misfits

Regular
FUCK, the hotcrapper guys reckon this MMCS case to ICC is a good thing. Jesus wept

Remember 13559 replaced the very same tenement MMCS had ripped off them, for allegedly not making enough progress. Remember COMINIERE don't like us. Also remember Klausterfuck got us the tenement in the first place

I understand they probably have very little chance of success, but

FMD, someone tell me what happens if MMCS win the tenement back please?

sorry to spoil your day

Kunt
I mean Arsehole

I sound like Cleaver Greene off RAKE (one of the best TV series to come out of Australia btw)
Good points @Xerof! What happens if (when) they don't win it back?
 
  • Thinking
Reactions: 4 users
.


False info spread by detractors to disrupt the party? Is Info.cd on the “not to be trusted” media list?



Thanks Bin, It is now and I’ve deleted that post, not giving the corrupt arsewipes any air 👍
 
  • Like
Reactions: 3 users

TDITD

Top 20
Lol, so AVZ were happy to accept northern cut off of CDL, because they thought FT said so, but then find out later that they were conned then take umbrage ?...o_O

ML decree should never have been signed off , should never of been announced to ASX, instead, full clarification with FT should of been sought if that was the case, did AVZ bod / legals drop the ball there ?

Thats fuckn nuts !!

I tell you what, would love to find the clause in the contract regards to what the requirements were for AVZ to maintain or be guaranteed a 5 yr renewal for CDL.

Normally its a spend amount to be executed within a certain time frame, shouldnt matter if the work was done south or north.


imo
EXACTLY, yet another case of WTF

cutting our tenement in half is no small sidenote. Meekly handing over a probable 1million tonnes 1.5-1.6% Li2O resource valued in the Billions is HUGE.
It was given to us, the whole tenement.
This is bullshit. Our BOD at the very least should have been asking to meet with DRC president with a view to negotiate, 20% to DRC freehold sounds fair to me, as a thank you for keeping faith in us and us as a thank you for not HOLDING US UP or CORRUPTING the mine....well thats fucked now isnt it. But you get the drift of this post. Why were us shareholders not made aware, thats HALF our INVESTMENT they wanted to STEAL an we were apparently going to do it at FTs will. WTF wrong is wrong whoever is asking, we should have gone in to negotiate giving them a larger share freehold ffs.
 
  • Like
  • Fire
Reactions: 9 users

Xerof

Biding my Time 1971
Good points @Xerof! What happens if (when) they don't win it back?
Ah, yes, the continuum of events was MMCS lost it, Cong picked it up, then sold it to AVZ (Klaus the great leader at the time) and remember under Klaus, AVZ was meant to on-sell it to........the name escapes me, but anyway, Nige thought better of that

Fuck, that sequence has a familiar ring to it, same players, different scenario now

If your question is asking what happens if/when MMCS lose, I assume it's just one of the multiple roadblocks out of the way, then on to demolish the other handful

My question to MMCS is why did you take AVZ to court, when it was COMINIERE, or most likely the then Min of Mines who must have taken the tenement back and sold it to Cong, under Kabila of course

I'm circle jerking in the echo chamber again, sorry

cheers
Arsehole
 
  • Like
  • Fire
  • Haha
Reactions: 10 users

Xerof

Biding my Time 1971
EXACTLY, yet another case of WTF

cutting our tenement in half is no small sidenote. Meekly handing over a probable 1million tonnes 1.5-1.6% Li2O resource valued in the Billions is HUGE.
It was given to us, the whole tenement.
This is bullshit. Our BOD at the very least should have been asking to meet with DRC president with a view to negotiate, 20% to DRC freehold sounds fair to me, as a thank you for keeping faith in us and us as a thank you for not HOLDING US UP or CORRUPTING the mine....well thats fucked now isnt it. But you get the drift of this post. Why were us shareholders not made aware, thats HALF our INVESTMENT they wanted to STEAL an we were apparently going to do it at FTs will. WTF wrong is wrong whoever is asking, we should have gone in to negotiate giving them a larger share freehold ffs.

Actually, it's a valid point you make. Despite the Mining Code requiring 10% ceded to the State, I have long thought the greedy pricks have noted just how much money is to be made, and want a much bigger slice of the DIRECT pie, without having to pay to build it of course. Certainly seems to me that is what the local population keep hammering away at
 
  • Like
Reactions: 4 users

Onthefm

Regular
Lol, so AVZ were happy to accept northern cut off of CDL, because they thought FT said so, but then find out later that they were conned then take umbrage ?...o_O

ML decree should never have been signed off , should never of been announced to ASX, instead, full clarification with FT should of been sought if that was the case, did AVZ bod / legals drop the ball there ?

Thats fuckn nuts !!

I tell you what, would love to find the clause in the contract regards to what the requirements were for AVZ to maintain or be guaranteed a 5 yr renewal for CDL.

Normally its a spend amount to be executed within a certain time frame, shouldnt matter if the work was done south or north.


imo
Jesus christ you've got to catch the ball before you can drop it. That's the problem the games being played with a ball and our pricks are playing pick up sticks not a ball in sight.
 
  • Haha
Reactions: 2 users
Top Bottom