AVZ Discussion 2022

[wombat74]

Economic forum finished a few days ago. Just like everyone of the whispers that people keep hearing, the rumours have once again proven to be unfounded. No change of governing ministers in sights, especially no removal of any of the roadblocks in our way.

The people in the DRC who are directly affected by this impasse should be vocal about all of this. Yet we hear no demonstrations or protests in regards to this. AVZ also silent makes it even more stupid. Only a few journalists speaking on Twitter (the vast majority of the population would have no idea what they even type) have spread any word of our plight.

At what point does AVZ spend a mere fraction of their high legal fees on a public relations push in country? It’s a joke we have stayed quiet for all this time witchh no progress to be seen or found.

The President only cares about his re-election. So make him care about us by pinning this mining lisence to thousands of votes in the community of Manono and the surrounding communities who would benefit from AVZ.

It’s all a big joke. Overpaid part time management that can’t even tell us what the plan is to break this impasse. Or who is directly responsible for it all.

Felix is in the UAE . How many international trips has this guy taken in the past 9 months? I've lost count . Not bad for one of the poorest countries in the world . Oh that's right he's trying to drum up business . Apparently getting the biggest Li deposit on the planet up and running is not part of it . Self preservation more important . AVZ is trying to expose corrupt players . However it's not a good look if Felix has to admit his cabinet is infested with crooks . Especially 10 months out from the election . He gets the evidence and then says prove it . Zijin get exposed but still go ahead with the ICC . It's f--king Alice in Wonderland sh1t . I reckon we will know Felix's intentions within the first half of this year .

 

[whales]

Felix is in the UAE . How many international trips has this guy taken in the past 9 months? I've lost count . Not bad for one of the poorest countries in the world . Oh that's right he's trying to drum up business . Apparently getting the biggest Li deposit on the planet up and running is not part of it . Self preservation more important . AVZ is trying to expose corrupt players . However it's not a good look if Felix has to admit his cabinet is infested with crooks . Especially 10 months out from the election . He gets the evidence and then says prove it . Zijin get exposed but still go ahead with the ICC . It's f--king Alice in Wonderland sh1t . I reckon we will know Felix's intentions within the first half of this year .

The IGF has tge evidence .
Mining code is specific and Mupande cannot just divide a tenement.
expose the specific corruption on surface rights and take CAMI with Mupande to the ICC .
IMO will force Felix to act .

 

[Pokok]

my question is how long now do we wait 1 month 1 year its an answer we need to know I dont see anything but bullshit

 

[Chilla]

Not

Not quite right.
Can force an EGM and call holders to vote on .
Continue current path and all of 13359 or accept ML on Roche Dure and only part of CDL?

You can call an EGM with 5% in favour….so an aligned collective of retail could possibly get that and call a meeting.

But……you still need to get more than 50% of shares to vote in favour of whatever resolution is put forward to the EGM for it to pass and that is highly unlikely given the voting performance at the recent AGM.

Therefore retail votes unlikely to pass a resolution at a EGM as the most the retail can push against the BoD is about 15-20%

 

[Pokok]

You can call an EGM with 5% in favour….so an aligned collective of retail could possibly get that and call a meeting.

But……you still need to get more than 50% of shares to vote in favour of whatever resolution is put forward to the EGM for it to pass and that is highly unlikely given the voting performance at the recent AGM.

Therefore retail votes unlikely to pass a resolution at a EGM as the most the retail can push against the BoD is about 15-20%

is friday the day for another bs ann

 

[Carlos Danger]

My question again is why aren't we getting the ML? What is the legal reason for this?

Let me know if you would prefer me to draw you a picture as words seem to be too difficult for you to understand

 

[tonster66]

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.

What greater way to win votes than to announce the mining license for AVZ, particularly in the Manono region as the princess's area is around there.
I believe that Felix will have a raft of announcements in due time in order to garnish favoritism with the voting public. It's Politics!

 

[LzrTr8dr]

What greater way to win votes than to announce the mining license for AVZ, particularly in the Manono region as the princess's area is around there.
I believe that Felix will have a raft of announcements in due time in order to garnish favoritism with the voting public. It's Politics!

Well that’s a theory which is grasping at straws - I’m on board.

 

[Dazmac66]

Any word on the ministerial reshuffle that surfaced late last week? That would have to be the most elaborate hoax document (complete with associated rumours) ever produced if nothing comes of it. Baffling!

 

[TDITD]

Any word on the ministerial reshuffle that surfaced late last week? That would have to be the most elaborate hoax document (complete with associated rumours) ever produced if nothing comes of it. Baffling!

Felix is in UAE atm talking about how the DRC is a solution country for the worlds switch to EVs, he needs to be back by 31st to say hi to the pope and tell him all about how the DRC is open for business, then I imagine he is off again on the private jet, fuck fixing anything in country he isn't president or anything.....oh wait.
It would be nice to have him back in the DRC and the changes proposed made by the Friday council ministers meeting.
The propaganda they throw out is baffling for sure, seems to serve no purpose, just like the law over there.

 

[Mickyb64]

is friday the day for another bs ann

Fuck no, we won't get an announcement until 9.59am on the 31st of Jan.

 

[Hemicuda]

Felix is in UAE atm talking about how the DRC is a solution country for the worlds switch to EVs, he needs to be back by 31st to say hi to the pope and tell him all about how the DRC is open for business, then I imagine he is off again on the private jet, fuck fixing anything in country he isn't president or anything.....oh wait.
It would be nice to have him back in the DRC and the changes proposed made by the Friday council ministers meeting.
The propaganda they throw out is baffling for sure, seems to serve no purpose, just like the law over there.

Is the cat even aware of Avz? Serious Q, or is he behind our dilemma?

 

[Chilla]

I’m guessing Nige would take a XXL?

 

[TDITD]

Is the cat even aware of Avz? Serious Q, or behind our dilemma?

Yea he has had a meeting with Nigel. He is aware. Starting to suspect he likes snacks tbh. His movement on the corruption is so slow it’s pretty much a crime itself.

 

[Sparrowhawk12]

Interesting article posted by
@DominicFurfaro on the bird.
https://investorintel.com/critical-minerals-rare-earths/why-washington-sees-the-congo-as-a-solution-for-the-looming-critical-minerals-disaster/
https://twitter.com/DominicFurfaro

 

[Hemicuda]

Yea he has had a meeting with Nigel. He is aware. Starting to suspect he likes snacks tbh. His movement on the corruption is so slow it’s pretty much a crime itself.

is there any proof that ever took place?

 

[Carlos Danger]

Is the cat even aware of Avz? Serious Q, or is he behind our dilemma?

Yea he has had a meeting with Nigel. He is aware. Starting to suspect he likes snacks tbh. His movement on the corruption is so slow it’s pretty much a crime itself.

is there any proof that ever took place?

Felix knows who AVZ are. He has been more than happy to take a picture with AVZ management and lawyers in the past. It is curious that no photos are available from this key meeting with Nigel last year. I don't doubt that it occurred but it's strange that it wasn't documented.

From the 2020 annual report:

 

[Hemicuda]

Felix knows who AVZ are. He has been more than happy to take a picture with AVZ management and lawyers in the past. It is curious that no photos are available from this key meeting with Nigel last year. I don't doubt that it occurred but it's strange that it wasn't documented.

From the 2020 annual report:

View attachment 27941

yup strange, so he is the ultimate roadblock?

 

[Onthefm]

That we've got the ML, got a great partner in CATH who own 24%, that we are on a staged approach to 10mtpa, that we expect FID in a few months

You mite need to tell Alice in wonderland that because in that realm it's possible but definitely not possible.

 

[Carlos Danger]

yup strange, so he is the ultimate roadblock?

We will find out in the next few weeks. The ministerial reshuffle is expected by the end of January. If the same roadblocks are still in place after this occurs and Felix doesn't intervene with a presidential decree then we will need to put up the for sale sign.

But hard to see what Felix's ulterior motive would be. If he wanted to take Manono off us he would have already done so. I am certain he understands that the deposit needs to come online for his vision of a DRC battery industry to come to fruition.

I think Felix has already started the process to see the impasse resolved. He would prefer to only personally get involved if absolutely necessary. There's more to being king than getting your way all the time imo