AVZ Discussion 2022

[obe wan]

Cominiere are currently a shareholder in Dathcom. CAMI are the ones that AVZ took to court. The 30 days time limit applied to the Minister of Mines issuing the ministerial decree. There is no time limit for CAMI to calculate the surface rights in the DRC mining code. As I have said repeatedly here nothing will happen until the DG of CAMI is replaced or the 'dispute' about the northern area of the tenement is resolved.

From the AGM:

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.

'There is no time limit for CAMI to calculate the surface rights in the DRC mining code' - Maybe, but he can't just roadblock MoM decisions and take forever to press the calculator keys. FT can provide notification for release, he clearly hasn't done that yet.

 

[John25]

Plan to give up drinking once this shit is finished

 

[Sparrowhawk12]

Has Nigel ever said the issue holding up the ML is the norther section ? That the ML for Roche Dure is there if we accept giving up nth CDL ? Has he ever actually said that ? I have never heard him say it . Can someone please give me proof that this is the hold up ? Was the question asked at the RD/AGM?

I asked Nige during his Melb RS preso if the dispute (with CAMI) over getting PE for north/CDL was the key issue holding up ML. He said yes it is 1 of the key issues. Now I see it a another example/facet of the over-riding problem - DRC corruption and Chyna influence/bribes at the highest levels of DRC Govt.

I think FT's focus is playing a long game, slowly cleaning up some corruption & ignoring some other corruption if needed to get himself re-elected. I don't know what side of the ledger we/AVZ stand on. My glass half full view (inspired by IGF/Jules' public stand for AVZ) is that AVZ will probably get ML. I just hope we get it soon, well before this Nov/Dec (?) election. IMO. GLTAH. Sparrowhawk.

 

[Carlos Danger]

Has Nigel ever said the issue holding up the ML is the norther section ? That the ML for Roche Dure is there if we accept giving up nth CDL ? Has he ever actually said that ? I have never heard him say it . Can someone please give me proof that this is the hold up ? Was the question asked at the RD/AGM?

No Nigel has never said it is the hold up. But it clearly is the reason imo

Nigel speaks out of both sides of his mouth on this issue. He's either 'not fussed' about the north as the 'good powder' is in the south or we're told by him to 'draw a conclusion' that 'AJN claim that the north was given back to the government but it wasn't'.

We traded for 3 days after the ministerial decree announcement even with the Zijin rumours flying around and only went into suspension after the weekend when Nigel resigned from AJN's board. All of the hold ups and the suspension are Nigel making sure he doesn't also need to resign from AVZ's board because he has personally financially benefited from AVZ shareholders losing part of our key asset imo

 

[obe wan]

No Nigel has never said it is the hold up. But it clearly is the reason imo

Nigel speaks out of both sides of his mouth on this issue. He's either 'not fussed' about the north as the 'good powder' is in the south or we're told by him to 'draw a conclusion' that 'AJN claim that the north was given back to the government but it wasn't'.

We traded for 3 days after the ministerial decree announcement even with the Zijin rumours flying around and only went into suspension after the weekend when Nigel resigned from AJN's board. All of the hold ups and the suspension are Nigel making sure he doesn't also need to resign from AVZ's board because he has personally financially benefited from AVZ shareholders losing part of our key asset imo

DGs calculator is clearly working ttx announced yesterday (24/1/23) that they now have their $3m cash facility to start TiTan project at 12447 & 12448 south of Manono ; they are now moving their gear down to those tenements from Manono.

Anyone hear anything as to why TTXs tailings tenement is gone missing from the CAMI site? assume its still the case (CAMI site not revised in 3 days / still offline, albeit the menu tab still has a pulse, odd. TTX are a listed company, but they havent release anything to the market over the tailings tenement gonski from the CAMi site; probably putting it down to a CAMI website issues or other when someone asks

 

[wombat74]

No Nigel has never said it is the hold up. But it clearly is the reason imo

Nigel speaks out of both sides of his mouth on this issue. He's either 'not fussed' about the north as the 'good powder' is in the south or we're told by him to 'draw a conclusion' that 'AJN claim that the north was given back to the government but it wasn't'.

We traded for 3 days after the ministerial decree announcement even with the Zijin rumours flying around and only went into suspension after the weekend when Nigel resigned from AJN's board. All of the hold ups and the suspension are Nigel making sure he doesn't also need to resign from AVZ's board because he has personally financially benefited from AVZ shareholders losing part of our key asset imo

Some people got lucky on those 3 days of trade and got out . I like to know who some of them were ?

 

[wombat74]

I asked Nige during his Melb RS preso if the dispute (with CAMI) over getting PE for north/CDL was the key issue holding up ML. He said yes it is 1 of the key issues. Now I see it a another example/facet of the over-riding problem - DRC corruption and Chyna influence/bribes at the highest levels of DRC Govt.

I think FT's focus is playing a long game, slowly cleaning up some corruption & ignoring some other corruption if needed to get himself re-elected. I don't know what side of the ledger we/AVZ stand on. My glass half full view (inspired by IGF/Jules' public stand for AVZ) is that AVZ will probably get ML. I just hope we get it soon, well before this Nov/Dec (?) election. IMO. GLTAH. Sparrowhawk.

Cheers . Yes it would appear there are other major issues aside from Nth CDL . One of them being the Chinese wanting control of the whole thing including Roche Dure IMO .

 

[Carlos Danger]

Cheers . Yes it would appear there are other major issues aside from Nth CDL . One of them being the Chinese wanting control of the whole thing including Roche Dure IMO .

Yeah obviously the overriding problem is Mupande being bribed to make things difficult for AVZ. He isn't doing this for the lulz.

AVZ management are more than willing to accept the licence as it stands in the ministerial decree. Otherwise they wouldn't have taken CAMI to court to finalise the licence.

The justification Mupande will be using for not calculating the surface rights is he doesn't know if it should just be PE for RD with no CDL, PE for RD with CDL as PR or the whole tenement as a PE as the law says it should be.

This bullshit from him wouldn't be possible if AVZ management hadn't agreed to the partition imo

 

[wombat74]

Yeah obviously the overriding problem is Mupande being bribed to make things difficult for AVZ. He isn't doing this for the lulz.

AVZ management are more than willing to accept the licence as it stands in the ministerial decree. Otherwise they wouldn't have taken CAMI to court to finalise the licence.

The justification Mupande will be using for not calculating the surface rights is he doesn't know if it should just be PE for RD with no CDL, PE for RD with CDL as PR or the whole tenement as a PE as the law says it should be.

This bullshit from him wouldn't be possible if AVZ management hadn't agreed to the partition imo

View attachment 27914

Cheers mate . So do you think in the end we are guaranteed a ML once Mupande has sorted his sh1t out or something else happens to/with him ?

 

[Carlos Danger]

Cheers mate . So do you think in the end we are guaranteed a ML once Mupande has sorted his sh1t out or something else happens to/with him ?

No guarantees. But I reckon if AVZ management ceded the north then we would get our RD PE surface rights invoice. But it would then only be a matter of time before China controlled the entire tenement imo

 

[obe wan]

No guarantees. But I reckon if AVZ management ceded the north then we would get our RD PE surface rights invoice. But it would then only be a matter of time before China controlled the entire tenement imo

100%

 

[BEISHA]

Thats a very quick flicking

Problem with too quick of a flick is it can leave an underwhelming feeling

If we feel around first before we start to flick, we will most likely find the most satisfying result

Thats also our best chance of not being bent over.......

after all this time and fed a....

Jesus christ TITS............I just got a boner

It must of been the grape fruit....


Cheers for that.

 

[wombat74]

No guarantees. But I reckon if AVZ management ceded the north then we would get our RD PE surface rights invoice. But it would then only be a matter of time before China controlled the entire tenement imo

I guess Management could just come out and put us straight on that issue . In my communications with them they won't answer the question . I think a lot of punters would just like access to their money regardless . A ML gets issued for RD , we trade and those that want/ need their money get out . What happens with the Chinese after that many could care less . I still expect a TO for RD so wont be AVZ's problem anyway . Nigel can't take SH money to the grave .At some point we must trade regardless of our options .

 

[DiscoDanNZ]

Avz took CAMI to court. Cami said they lost their calculator as it was in their pocket when they put it in the washing machine, they are trying to dry it out though and hope with new batteries it could be salvaged. The court of snacks bought (no pun intended) this very plausible story and so have given CAMI time required for the drying.

AVZ needs to take them there again, but currently AVZ is very busy enjoying canapes and champagne (on ice) today in the office, Nige may flick a cheeky text message over to Serge in the DRC before his siesta, probably not though because he will be quite tired from all the champagne.

Please feel free to take a shot at the mantle, its quite therapeutic and of course you shall no doubt have many heads nodding.



*Apologies for the extreme cynicism and sarcasm towards our supreme leader this morning

The calculator needs lithium batteries sourced only from Manono to run, it's a vicious circle jerk of shit fuckery.

Cheers mate . So do you think in the end we are guaranteed a ML once Mupande has sorted his sh1t out or something else happens to/with him ?

It will appear that way for 2 days max then another Mole will pop up. 2 steps forward, 3 steps backwards in the shit show.

 

[MoneyBags1348]

It’s great to take a break from being caught up in comments here on a daily basis, but three things that are on my mind this week are

1) Is there going to be another attack by trolls this week?

2) I’m half expecting information, both negative (trolls) and positive related to and ahead of our Quarterly Report due this coming Monday

3) With comments today associated with the possibility of the ML being granted for RD, this map is a good reminder of what we have….

Magnify the maps to get a good grasp of the size of the deposit at RD and the south west section of CDL we have, it’s huge

 

[Carlos Danger]

I guess Management could just come out and put us straight on that issue . In my communications with them they won't answer the question . I think a lot of punters would just like access to their money regardless . A ML gets issued for RD , we trade and those that want/ need their money get out . What happens with the Chinese after that many could care less . I still expect a TO for RD so wont be AVZ's problem anyway . Nigel can't take SH money to the grave .At some point we must trade regardless of our options .

Yeah but if they do that then it's bye bye Nigel imo

Although he would probably just go back to being on AJN's board so either way he gets the north

I've said here numerous times that we should be trading now

 

[wombat74]

Yeah but if they do that then it's bye bye Nigel imo

Although he would probably just go back to being on AJN's board so either way he gets the north

I've said here numerous times that we should be trading now

You got a problem with bye bye Nigel ? If it's TO it's bye bye everyone . If not then Nige can weigh up what's more important to him . Kluas is going to flick Nth CDL to the Chinese anyway . imo

 

[John25]

I guess Management could just come out and put us straight on that issue . In my communications with them they won't answer the question . I think a lot of punters would just like access to their money regardless . A ML gets issued for RD , we trade and those that want/ need their money get out . What happens with the Chinese after that many could care less . I still expect a TO for RD so wont be AVZ's problem anyway . Nigel can't take SH money to the grave .At some point we must trade regardless of our options .

With the attitude of “We have the SHs interest at heart” plus “We have the majority of SHs support” this disillusioned BoD wouldnt know which way is forward or backwards …promise last Whine(wine) for the day…mad as fuck having to back to work with literally $$$millions tied up thank to these Kunts

 

[Chilla]

I guess Management could just come out and put us straight on that issue . In my communications with them they won't answer the question . I think a lot of punters would just like access to their money regardless . A ML gets issued for RD , we trade and those that want/ need their money get out . What happens with the Chinese after that many could care less . I still expect a TO for RD so wont be AVZ's problem anyway . Nigel can't take SH money to the grave .At some point we must trade regardless of our options .

AVZ cant decide to relinquish the Northern section of CDL without shareholder approval. Thats because it's an asset of significant intrinsic value to the company and shareholders. That value of CDL is ascribed because the company has stated many times the Resource Target for the whole of PR15339 is 1.5 to 2.0 Billion Tonnes and that CDL is likely equal to or higher in resource than RD. Therefore shareholders would expect CDL to carry a similar or higher valuation than RD does currently, once CDL has had a similar level of exploration and evaluation studies conducted that has been completed on RD to date. For that intrinsic future value to shareholders from a company with one asset, i doubt the major shareholders would approve relinquishing CDL just for a short term fix on RD. The major shareholders have deep pockets and know the value of CDL, they wont be giving in imo just to let Klaus do a quick flip to Zijin. PR15339 needs to be maintained in its whole by Dathcom one way or another, whether that is PE for the whole tenement or PE for RD and PR for CDL. The company says it has written documents from the Mines Dept agreeing to issue PE for RD and renew PR for CDL and that is what i believe they are pursuing as a minimum negotiated way of moving this stalemate forward in the absence of agreement for a PE for 15339 in its entirety.

 

[Onthefm]

AVZ cant decide to relinquish the Northern section of CDL without shareholder approval. Thats because it's an asset of significant intrinsic value to the company and shareholders. That value of CDL is ascribed because the company has stated many times the Resource Target for the whole of PR15339 is 1.5 to 2.0 Billion Tonnes and that CDL is likely equal to or higher in resource than RD. Therefore shareholders would expect CDL to carry a similar or higher valuation than RD does currently, once CDL has had a similar level of exploration and evaluation studies conducted that has been completed on RD to date. For that intrinsic future value to shareholders from a company with one asset, i doubt the major shareholders would approve relinquishing CDL just for a short term fix on RD. The major shareholders have deep pockets and know the value of CDL, they wont be giving in imo just to let Klaus do a quick flip to Zijin. PR15339 needs to be maintained in its whole by Dathcom one way or another, whether that is PE for the whole tenement or PE for RD and PR for CDL. The company says it has written documents from the Mines Dept agreeing to issue PE for RD and renew PR for CDL and that is what i believe they are pursuing as a minimum negotiated way of moving this stalemate forward in the absence of agreement for a PE for 15339 in its entirety.

Well mate now I'm confused. Because last I heard from the nige cdl no big deal to many contaminants powder at rd is much better. Cheers