AVZ Discussion 2022

[obe wan]

Any of you guys read through the Cantor report and ML Ann a number of times ?? It does take a couple of reads. I've posted the post below on HC , but its been washed away under the torrent of troll posts which have swamped the threads

I've read it a number of times and less concerned about it ; the option for the 15% was Dathomir were exercised; Dathomir were prepaid $500k in sept 2020 with part of the $40m from the CR in July 2021 used to pay the balance thus reducing Dathomir to 0% share in Dathcom,

lots of progress has happened since then, which good progress been made by AVZ in increasing the value of the project and its pretty clear Simon Cong / Dathomir wants more $$$ and 'claiming' there's issues with the share certificate ever though they have already been paid and accepted https://hotcrapper.com.au/images/smilies/rolleyes.png

That's the problem with these shifty's , they don't realize what they had until they want more in their bank account . The share certificates were awarded and certified by the DRC courts .

Now Dathomir (Simon Cong , Kabila's buddy) 'claims' issues with the share certs, Dathomir claim was made by reference to some tribunal decision ; this Tribunal decision has zero effect under DRC law on the 75% equity interest interest AVZ holds i.e. that 75% is AVZs ; also that tribunal decision under DRC also has no effect on the sale and purchase agreements of how that 15% was acquired, its pretty clear at least to me that the issue here is that Dathomir now think they should have received more $$ as they MC of AVZ has bulged and now wants more money on top of what they have already been paid; so that 15% that was bought from Dathomir for $20m isn't going away , they just want more money for it .

Comments in that Cantor report and on the Ann , states that the Tribunal decision is without foundation or merit . Also this tribunal decision can be over turned over.

Summary IMO, Dathomir are out of luck with getting any further cash for the 15% they sold . That 15% is AVZs , end of; but highly likely that Dathomir AKA Simon Cong, sees an angle on some additional funds and that additional 15% through Cominiere ...well:... the tribunal decision, which was highly likely brought to "claim , claim " status, would potentially provide those in Cominiere (anyone know Cong the influential DRC Business man in there https://hotcrapper.com.au/images/smilies/rolleyes.png) with an avenue to skip the first right agreement without notice and flog it for a higher sum to a welcoming buyer.... woud Mr Cong benefit from this? Maybe, maybe not who knows , but would some extra cash Dathomir / Simon Congs way , make this Tribunal decision easier to overturn , thus resulting in a sudden non issue with the share certs / first rights and this Cominiere "claim" also dissipating

This will be an area of focus now for the AVZ legal team ; will the AVZ legal team be able to spot any loops holes they missed out in the first place , after they basically spent a year and a day binding this thing together in the first place and which Dathomir gladly accepted and ran with $20m

anyway thats what i posted above, whats your thoughts

 

[ptlas]

Modded in 7 minutes
Mods must've had a long Friday lunch.

 

[Winenut]

View attachment 5728

Yaass, finally! Fuck you Hot Crapper

Now what exactly did you get up to there @Remark ?

 

[Samus]

Any of you guys read through the Cantor report and ML Ann a number of times ?? It does take a couple of reads. I've posted the post below on HC , but its been washed away under the torrent of troll posts which have swamped the threads

I've read it a number of times and less concerned about it ; the option for the 15% was Dathomir were exercised; Dathomir were prepaid $500k in sept 2020 with part of the $40m from the CR in July 2021 used to pay the balance thus reducing Dathomir to 0% share in Dathcom,

lots of progress has happened since then, which good progress been made by AVZ in increasing the value of the project and its pretty clear Simon Cong / Dathomir wants more $$$ and 'claiming' there's issues with the share certificate ever though they have already been paid and accepted

That's the problem with these shifty's , they don't realize what they had until they want more in their bank account . The share certificates were awarded and certified by the DRC courts .

Now Dathomir (Simon Cong , Kabila's buddy) 'claims' issues with the share certs, Dathomir claim was made by reference to some tribunal decision ; this Tribunal decision has zero effect under DRC law on the 75% equity interest interest AVZ holds i.e. that 75% is AVZs ; also that tribunal decision under DRC also has no effect on the sale and purchase agreements of how that 15% was acquired, its pretty clear at least to me that the issue here is that Dathomir now think they should have received more $$ as they MC of AVZ has bulged and now wants more money on top of what they have already been paid; so that 15% that was bought from Dathomir for $20m isn't going away , they just want more money for it .

Comments in that Cantor report and on the Ann , states that the Tribunal decision is without foundation or merit . Also this tribunal decision can be over turned over.

Summary IMO, Dathomir are out of luck with getting any further cash for the 15% they sold . That 15% is AVZs , end of; but highly likely that Dathomir AKA Simon Cong, sees an angle on some additional funds and that additional 15% through Cominiere ...well:... the tribunal decision, which was highly likely brought to "claim , claim " status, would potentially provide those in Cominiere (anyone know Cong the influential DRC Business man in there

) with an avenue to skip the first right agreement without notice and flog it for a higher sum to a welcoming buyer.... woud Mr Cong benefit from this? Maybe, maybe not who knows , but would some extra cash Dathomir / Simon Congs way , make this Tribunal decision easier to overturn , thus resulting in a sudden non issue with the share certs / first rights and this Cominiere "claim" also dissipating

This will be an area of focus now for the AVZ legal team ; will the AVZ legal team be able to spot any loops holes they missed out in the first place , after they basically spent a year and a day binding this thing together in the first place and which Dathomir gladly accepted and ran with $20m

anyway thats what i posted above, whats your thoughts

HotCrapper

Just a dried up old turd.

hotcrapper.com.au

Link doesn't work

Haha too funny!

 

[John25]

View attachment 5728

Yaass, finally! Fuck you Hot Crapper

Gone from Pinning as well ?????

 

[Thaz]

Any of you guys read through the Cantor report and ML Ann a number of times ?? It does take a couple of reads. I've posted the post below on HC , but its been washed away under the torrent of troll posts which have swamped the threads

I've read it a number of times and less concerned about it ; the option for the 15% was Dathomir were exercised; Dathomir were prepaid $500k in sept 2020 with part of the $40m from the CR in July 2021 used to pay the balance thus reducing Dathomir to 0% share in Dathcom,

lots of progress has happened since then, which good progress been made by AVZ in increasing the value of the project and its pretty clear Simon Cong / Dathomir wants more $$$ and 'claiming' there's issues with the share certificate ever though they have already been paid and accepted

That's the problem with these shifty's , they don't realize what they had until they want more in their bank account . The share certificates were awarded and certified by the DRC courts .

Now Dathomir (Simon Cong , Kabila's buddy) 'claims' issues with the share certs, Dathomir claim was made by reference to some tribunal decision ; this Tribunal decision has zero effect under DRC law on the 75% equity interest interest AVZ holds i.e. that 75% is AVZs ; also that tribunal decision under DRC also has no effect on the sale and purchase agreements of how that 15% was acquired, its pretty clear at least to me that the issue here is that Dathomir now think they should have received more $$ as they MC of AVZ has bulged and now wants more money on top of what they have already been paid; so that 15% that was bought from Dathomir for $20m isn't going away , they just want more money for it .

Comments in that Cantor report and on the Ann , states that the Tribunal decision is without foundation or merit . Also this tribunal decision can be over turned over.

Summary IMO, Dathomir are out of luck with getting any further cash for the 15% they sold . That 15% is AVZs , end of; but highly likely that Dathomir AKA Simon Cong, sees an angle on some additional funds and that additional 15% through Cominiere ...well:... the tribunal decision, which was highly likely brought to "claim , claim " status, would potentially provide those in Cominiere (anyone know Cong the influential DRC Business man in there

) with an avenue to skip the first right agreement without notice and flog it for a higher sum to a welcoming buyer.... woud Mr Cong benefit from this? Maybe, maybe not who knows , but would some extra cash Dathomir / Simon Congs way , make this Tribunal decision easier to overturn , thus resulting in a sudden non issue with the share certs / first rights and this Cominiere "claim" also dissipating

This will be an area of focus now for the AVZ legal team ; will the AVZ legal team be able to spot any loops holes they missed out in the first place , after they basically spent a year and a day binding this thing together in the first place and which Dathomir gladly accepted and ran with $20m

anyway thats what i posted above, whats your thoughts

Most of us are of the same understanding and conclusion - the 15% from dathomir is not under contention and we will have at the very least, 51% of manono - if not 66%.

 

[thorgin]

 

[Xerof]

My view is that the M of Mines needs to step up and quash all this shit. I have earlier pointed out the case of the Chinese doing the EXACT same thing with tenements in Cameroon, sneaky MOUs done before the tenements are actually available in a contestable way. Declared Null and void within 24 hours. Fuck off cuntz

 

[zeeb0t]

Troll is now gone.

 

[Winenut]

Damn! I missed it

Was there a troll?

 

[TheCount]

Good to see you Thorgin - you all good?

Nice find BTW!

TC.

 

[thorgin]

Good to see you Thorgin - you all good?

Nice find BTW!

TC.

Yeah I'm good TC! Just been watching the minstrel show I guess it won't stop until the shorts close their positions. crazy couple of days.
I don't have two commas anymore but we'll be back up soon.

 

[CHB]

Sensational.

Presenting on big stage too

 

[Fletch77]

I think it’s obvious the mods are enjoying seeing the Crapper threads turn to shit, and not just letting it run for the traffic.

I agree with the comment on here today that suggested none of the mods are holding AVZ so are happy it’s turned to absolute dog shit.

Happy for anyone to suggest otherwise but surely it hasn’t ever been anywhere close to the cess pit that it turned into.

The below post was moderated within 30 seconds, which shows they are watching closely what’s happening.

Someone said that Aimsir666 has posted 70 times today and a quick look confirmed.. he says has been an LTR holder since 5c.. and the mods love it

 

[Samus]

Any of you guys read through the Cantor report and ML Ann a number of times ?? It does take a couple of reads. I've posted the post below on HC , but its been washed away under the torrent of troll posts which have swamped the threads

I've read it a number of times and less concerned about it ; the option for the 15% was Dathomir were exercised; Dathomir were prepaid $500k in sept 2020 with part of the $40m from the CR in July 2021 used to pay the balance thus reducing Dathomir to 0% share in Dathcom,

lots of progress has happened since then, which good progress been made by AVZ in increasing the value of the project and its pretty clear Simon Cong / Dathomir wants more $$$ and 'claiming' there's issues with the share certificate ever though they have already been paid and accepted

That's the problem with these shifty's , they don't realize what they had until they want more in their bank account . The share certificates were awarded and certified by the DRC courts .

Now Dathomir (Simon Cong , Kabila's buddy) 'claims' issues with the share certs, Dathomir claim was made by reference to some tribunal decision ; this Tribunal decision has zero effect under DRC law on the 75% equity interest interest AVZ holds i.e. that 75% is AVZs ; also that tribunal decision under DRC also has no effect on the sale and purchase agreements of how that 15% was acquired, its pretty clear at least to me that the issue here is that Dathomir now think they should have received more $$ as they MC of AVZ has bulged and now wants more money on top of what they have already been paid; so that 15% that was bought from Dathomir for $20m isn't going away , they just want more money for it .

Comments in that Cantor report and on the Ann , states that the Tribunal decision is without foundation or merit . Also this tribunal decision can be over turned over.

Summary IMO, Dathomir are out of luck with getting any further cash for the 15% they sold . That 15% is AVZs , end of; but highly likely that Dathomir AKA Simon Cong, sees an angle on some additional funds and that additional 15% through Cominiere ...well:... the tribunal decision, which was highly likely brought to "claim , claim " status, would potentially provide those in Cominiere (anyone know Cong the influential DRC Business man in there

) with an avenue to skip the first right agreement without notice and flog it for a higher sum to a welcoming buyer.... woud Mr Cong benefit from this? Maybe, maybe not who knows , but would some extra cash Dathomir / Simon Congs way , make this Tribunal decision easier to overturn , thus resulting in a sudden non issue with the share certs / first rights and this Cominiere "claim" also dissipating

This will be an area of focus now for the AVZ legal team ; will the AVZ legal team be able to spot any loops holes they missed out in the first place , after they basically spent a year and a day binding this thing together in the first place and which Dathomir gladly accepted and ran with $20m

anyway thats what i posted above, whats your thoughts

On a more serious note I think most here would concur more or less with the above.

From my understanding (which might be inaccurate) it's the potential 15% from Cominiere to Zijin that seems more concerning. This appears to have been potentially underhandedly passed to Zijin at some point during lockdowns unbeknownst to AVZ according to some reports. Which if true shows a level of dishonesty or corruption from the DRC side as well as potential to bog things down, perhaps even something that has been done in spite of the wishes of the current government? I've lost track of all the relevant articles.

It all seemed less feasible before management acknowledged any of it and dismissed it as a load of rubbish. Certainly they now owe us some kind of explanation or resolution.

Cominiere Claim: A claim has also been made that Cominiere has transferred 15% of its interest in Dathcom to Jin Cheng Mining Company. AVZ notes any such purported transfer would be restricted under the terms of the existing shareholders agreement between the Dathcom shareholders and accordingly, any purported transfer of the 15% interest to a third party would be a material breach of the pre-emptive rights contained in the existing Shareholders Agreement owed to AVZ, invalid and of no force or effect.

 

[ptlas]

The AVZ response to this attempted theft indicates to me that they're just waiting for M of M/DRC government to send these crims on their way.

Think it's a matter of ( a short) time as FT doesn't need these games with his flagship project and company particularly given his anti-corruption stance.

Instos knew all this and have used it to accumulate.

Been very distracted but will post a chart over w/e

 

[BRICK]

I think it’s obvious the mods are enjoying seeing the Crapper threads turn to shit, and not just letting it run for the traffic.

I agree with the comment on here today that suggested none of the mods are holding AVZ so are happy it’s turned to absolute dog shit.

Happy for anyone to suggest otherwise but surely it hasn’t ever been anywhere close to the cess pit that it turned into.

The below post was moderated within 30 seconds, which shows they are watching closely what’s happening.

Someone said that Aimsir666 has posted 70 times today and a quick look confirmed.. he says has been an LTR holder since 5c.. and the mods love it

View attachment 5745

Thats the best response to trolls ive seen.

Thanks for the inspiration

 

[obe wan]

The AVZ response to this attempted theft indicates to me that they're just waiting for M of M/DRC government to send these crims on their way.

Think it's a matter of ( a short) time as FT doesn't need these games with his flagship project and company particularly given his anti-corruption stance.

Instos knew all this and have used it to accumulate.

Been very distracted but will post a chart over w/e

Correct, Point 3 suggests that this claim arose pre Feb 21. AVZ obviously considered these claims as absolute rubbish and just focused on the ML without creating waves ;with the ML in hand these can now be handled. Point 1 ; bullshite claim, point two - they can turn it over, point 3 - AVZ weren't interested in wasting their time and creating further unmerited Q&A during ML process period..

Let these cockroaches actually pull this crap off and FT takes 10 steps back into the DRC dark ages. It ain't going to happen

 

[Mouthpiecenomnom]

On a more serious note I think most here would concur more or less with the above.

From my understanding (which might be inaccurate) it's the potential 15% from Cominiere to Zijin that seems more concerning. This appears to have been potentially underhandedly passed to Zijin at some point during lockdowns unbeknownst to AVZ according to some reports. Which if true shows a level of dishonesty or corruption from the DRC side as well as potential to bog things down, perhaps even something that has been done in spite of the wishes of the current government? I've lost track of all the relevant articles.

It all seemed less feasible before management acknowledged any of it and dismissed it as a load of rubbish. Certainly they now owe us some kind of explanation or resolution.

Cominiere Claim: A claim has also been made that Cominiere has transferred 15% of its interest in Dathcom to Jin Cheng Mining Company. AVZ notes any such purported transfer would be restricted under the terms of the existing shareholders agreement between the Dathcom shareholders and accordingly, any purported transfer of the 15% interest to a third party would be a material breach of the pre-emptive rights contained in the existing Shareholders Agreement owed to AVZ, invalid and of no force or effect.

I understand and respect your concern but I honestly think you've taken the bait and are giving creedence to some straight-up bullshit. Its a storm in a teacup that was addressed last year and now all of a sudden its an issue? Look at the timing. Nigel played right into their hands as well by addressing it in an announcement even if it was to dismiss it. His first instinct to ignore it was the correct one.

Its like the lady on HC said, instos (pattersons?) sold on ML grant and shorters took advantage, in addition the market is in a lul. Good combo for a suppressed price, which is temporary and I think in a few months if not sooner will be back on track SP-wise. LiO2 demand only going one way. Looking forward to the BFS, 240 mill from CATH etc, all just around the corner.

 

[Remark]

Gone from Pinning as well ?????

Um, I guess so. I did like to pin, it was the best part of Hotcrapper to be honest. Unless we can convince Roaminoz to defect