AVZ Discussion 2022
- Thread starter GazDix
- Start date
Run Twiggy, run as far away as you can..........
I believe that Michael still works for AVZ not on a permanent basis, but on a consultancy basis, but could be wrong.
DiscoDanNZ
Regular
TSE is the HC refugee camp so we can be quite sensitive and wary of new comers. Also as AVZ investors there is a high chance we will be living in tents in the future.
Better in a tent than under a bridge.
If that's the case it could be michael Hughes just he's working for the German now on site.
In the absence of any good news (or any credible news), I unapologetically plagiarised this bubble chart from the PMT forum on the other site. We are still out in front, despite a late charge by a couple of domestic teams asserting their home ground advantage.
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Retrobyte
Hates a beer
You have been banging on about a PLAN B for a fair while, something that i havnt contemplated before, because if you believe what Nigel has stated at the AGM, ML is not contingent on the respective ICC arbitration cases, its all about the CDL carve up, surface rights etc, which is why I hold out hope that with the ministry reshuffle that is supposedly being enacted by FT, this could be a sign that he is finally getting his house in order, void of filthy vermin, providing a gate way for AVZ to get whats rightfully theirs in the not so distant future.
That being said, i also remember Nigel saying at the AGM that sophs / VIPs have been "in his ear " about the ML should wait until the ICC arbitrations comes to a conclusion too........I wonder if @Carlos Danger remembers that....
So what is the actuality here ?
Does anyone know for sure , apart from the AVZ bod / momentum layers who are keeping matters close to their chest ?
We are close to February now, elections are due December, the last thing any AVZ shareholder would want to see, is ML still in limbo land come EOY, funds drying up, with a potential Kabila victory at hand, who will simply rewrite the constitution ( cause they can )allowing the chinese to get away with the steal of the century and with that, control of the lithium narrative world wide.
So with that in mind, maybe we should discuss a PLAN B as a group, cause the alternative could be alot worse, possibly even disaster, who the fuck knows when it comes to the DRC / China........hell, they dont even respect the highest court in the world FFS !!
So here is my version of what a PLAN B could look like to obtain the ML, it wont be popular, but hey, its business or bust right ?
a) AVZ retain minimum 51% interest of DATHCOM ( post 24% CATH )
b) ZIJIN can keep the 15% (pre emption dispute), pays the full up to date value of the 15% to Cominiere, plus partial remuneration to AVZ ( $$ ? ) for expenses / work previously carried out.
So the equation would look like this........
AVZ 51 %, CATH 24%, ZIJIN 15%, DRC govt 10%
CATH pays $240m to AVZ as their share of the construction costs
ZIJIN pays $150m to AVZ as their share of the construction costs.
AVZ chases bank finance to fund the rest.
AVZ will be awarded a full 5 yr exploration license renewal for 100% CDL and other tenements.
AVZ then proceeds to JV CDL with ZIJIN..........whereby ZIJIN bears the FULL cost of exploration to earn a certain percentage of the project.
AVZ , focuses on the production of RD.
Yes folks, PLAN B would mean AVZ goes to bed with ZIJIN, whats the ole saying ....." Better the devil you know "
" Keep your enemies close "
I actually think the market would receive that news favourably, even tho the thought would make me puke !
Would love to hear other folks POV on..................PLAN B.
imo
No Zijin, Cong etc,
They have proved on numerous occasions that they can't be trusted.
We would be fucked over in some unforeseeable way and I don't see Tinkywinky heading it off at the pass.
His track record ain't good and he's as useful as a fart in a bottle while in Perth.
Besides, that would be totally out of kilter with FT sweeping out the crud.
Renegotiating 15 year old agreements with the Chinese and then letting them cheat their way into the world's largest lithium deposit would not look good in the anti-corruption context.
Things are looking good, hold the line. Besides such a discussion will be taken as a sign of psychological weakness and leveraged accordingly.
I suspect that the recent European share purchase proposal was as a result of peeps discussing getting out of this shit at a certain price.
Been here too long now.
All or nothing.
Be strong
imo
They have proved on numerous occasions that they can't be trusted.
We would be fucked over in some unforeseeable way and I don't see Tinkywinky heading it off at the pass.
His track record ain't good and he's as useful as a fart in a bottle while in Perth.
Besides, that would be totally out of kilter with FT sweeping out the crud.
Renegotiating 15 year old agreements with the Chinese and then letting them cheat their way into the world's largest lithium deposit would not look good in the anti-corruption context.
Things are looking good, hold the line. Besides such a discussion will be taken as a sign of psychological weakness and leveraged accordingly.
I suspect that the recent European share purchase proposal was as a result of peeps discussing getting out of this shit at a certain price.
Been here too long now.
All or nothing.
Be strong
imo
We dont know what the board is open to do we ?
As i said, not my preferred option at all, but the topic of my post was PLAN B.
Whats yours ?
Fletch77
Regular
Hi Beisha, not saying
I’m in favour of your plan B, but surely negotiating CATH down to the 9% that Nigel has mentioned would be part of that plan B..
#URGENT after our pleas on the COMINIERE affair THE #DIACONESSE #ADÈLE #KAYINDA MINISTER OF STATE MINISTER OF PORTFOLIO LOSES HIS MINISTERIAL POST, The same source also confirms that BAHATI #LUKWEBO WOULD have given his opinion Pr THE DEPARTURE OF THE DEACONESSES.
NEWS
DRC: A message attributed to Bahati Lukwebo asking for the departure of Adèle Kayinda from the Sama Government at the heart of a controversy on social networks!
Published
4 days ago
on
January 18, 2023By
Rédaction Cp
In the run-up to the Sama Lukonde Government reorganization announced by President Tshisekedi, some of the members of this Government are wondering about their future. It is also an opportunity to settle the scores between protagonists. This is the case with the soap opera, we can say, by Adèle Kayinda Mahina and Modeste Bahati Lukwebo.
Member of the Sama 1 Government since April 2021, the Minister of State for the Portfolio, Princess Adèle Kayinda Mahina, is cold with the President of the Senate Modeste Bahati who is the President of the political group that delegated her to the Government.
According to journalist Yves Buya, Modeste Bahati swears on Adèle Kayinda's departure from the next government.
In a tweet of January 17, this journalist, while attaching the screenshot of a message attributed to Bahati sent to the Prime Minister, believes that Bahati Lukwebo is also fighting Adele Kayinda.
"If this letter from Bahati Lukwebo to Sama Lukonde is authentic, it is clearly proven that Bahati is also fighting Adele Kayinda by asking for her departure from the Government, as if it were he who decides in place of the country's top institution," he said.
In retaliation for this tweet, Doux-Jésus Beledu, journalist and boss of the Liberté actu media, describes this message attributed to Bahati as a "todishcloth" and calls for the opening of the "COMINIERE" trial.
"How can we be serious and attribute this cloth to the President of the Senate? Now everyone can design a text from their toilet and attribute it to Modeste BAHATI? This is what happens when you are out of imagination. Looking forward to the opening of the COMINIERE trial, "he concluded. File to follow.
M.K/CONGOPROFOND.NET
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I really don't know who he is, but he looks about 20 years younger than Michael Hughes. (Sorry Michael, you look still pretty cool for 60)
Could be his son, who knows.
Hi BeishaYou have been banging on about a PLAN B for a fair while, something that i havnt contemplated before, because if you believe what Nigel has stated at the AGM, ML is not contingent on the respective ICC arbitration cases, its all about the CDL carve up, surface rights etc, which is why I hold out hope that with the ministry reshuffle that is supposedly being enacted by FT, this could be a sign that he is finally getting his house in order, void of filthy vermin, providing a gate way for AVZ to get whats rightfully theirs in the not so distant future.
That being said, i also remember Nigel saying at the AGM that sophs / VIPs have been "in his ear " about the ML should wait until the ICC arbitrations comes to a conclusion too........I wonder if @Carlos Danger remembers that....
So what is the actuality here ?
Does anyone know for sure , apart from the AVZ bod / momentum layers who are keeping matters close to their chest ?
We are close to February now, elections are due December, the last thing any AVZ shareholder would want to see, is ML still in limbo land come EOY, funds drying up, with a potential Kabila victory at hand, who will simply rewrite the constitution ( cause they can )allowing the chinese to get away with the steal of the century and with that, control of the lithium narrative world wide.
So with that in mind, maybe we should discuss a PLAN B as a group, cause the alternative could be alot worse, possibly even disaster, who the fuck knows when it comes to the DRC / China........hell, they dont even respect the highest court in the world FFS !!
So here is my version of what a PLAN B could look like to obtain the ML, it wont be popular, but hey, its business or bust right ?
a) AVZ retain minimum 51% interest of DATHCOM ( post 24% CATH )
b) ZIJIN can keep the 15% (pre emption dispute), pays the full up to date value of the 15% to Cominiere, plus partial remuneration to AVZ ( $$ ? ) for expenses / work previously carried out.
So the equation would look like this........
AVZ 51 %, CATH 24%, ZIJIN 15%, DRC govt 10%
CATH pays $240m to AVZ as their share of the construction costs
ZIJIN pays $150m to AVZ as their share of the construction costs.
AVZ chases bank finance to fund the rest.
AVZ will be awarded a full 5 yr exploration license renewal for 100% CDL and other tenements.
AVZ then proceeds to JV CDL with ZIJIN..........whereby ZIJIN bears the FULL cost of exploration to earn a certain percentage of the project.
AVZ , focuses on the production of RD.
Yes folks, PLAN B would mean AVZ goes to bed with ZIJIN, whats the ole saying ....." Better the devil you know "
" Keep your enemies close "
I actually think the market would receive that news favourably, even tho the thought would make me puke !
Would love to hear other folks POV on..................PLAN B.
imo
Re: Plan B
Strategic planning is a key function of the board.
AVZ has at least two International Court of Cassation (ICC) hearings scheduled for April 2023.
The outcomes of the Comminaire/MMCS hearing, which concluded on 20 Jan 2023, are yet to be released.
It would be prudent to let the board in conjunction with its lawyers develop its strategies for progressing the Manono mine, and for us to wait for the outcomes of all the ICC hearings.
Cheers
F
Mr Inappropriate
Regular
Completely agree.
Allowing Klaus/Cong/Zijin/Cominière to know, what the feeling amongst AVZ SH's is, regarding what an acceptable way forward is, is like playing cards with your cards open on the table.
If you wish to discuss, please don't do it in public, you can have a group discussion with people you trust behind closed doors.
There are ways and means.
MMCS vs Cominière was a prime example how fun it is to surprise.
It is nice to see Klaus' bottom jaw drop on deck.
His waffling on the Axis video was a nice example.
Just imagine these clowns in court being faced with unknows.
Don't forget Zijin wanted this behind closed doors, Nigel told them to piss off.
it will b what it will b.Similar threads
