AVZ Discussion 2022

TDITD

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After chatting with Wombat last time I was here, I realised a few things…. Some posters don't research what is going on in and around the DRC and AVZ, others vent their frustration and others probably just use TSE as a chat forum.

Wombat told me he doesn't take the forum seriously, he finds it entertaining and he's retired and living comfortably…. and for as long as I remember all he has wanted is a TO. Wombie, I'm not going to suggest to you what to do, but it would have been nice to hear you add a little something we didn't know, and that might have been useful information.

I posted what I thought might contribute to our cause and I'm happy to admit to posting a fair bit of nonsense, but it wasn't just useless. I even through in a few Naked Gun videos to try and ease the angst between you and Nells a few months back, when you were pissed off with her and The Fox, but I suppose to be fair the 'Pineappling" you introduced to the threads might go down as the most memorable topic of all

I'd hoped that shareholders here might have been able to pool their knowledge or whatever resources they have in a way that together on TSE we might actually help our cause and the company…. doesn't seem to be the case.

Whatever, I've had a few laughs and good to see @Chilla and @obe wan more recently providing good knowledge on the company's financing, ASX rules and institutional buying and selling etc, and I have picked up some other good information here…. It's just not worth the bullshit any longer

I posted this because @Carlos, I know you provide a lot of information, but do you have to answer every fucken question and comment everyone makes…. You're even answering fucken modo, who everyone knows is a troll. And lions being lions, I love big cats mate, but fuck me, your reminding me of the paddle pop lion.

This is what you posted earlier Carlos:

"These 2 new decrees directly relate to the ministerial decree for the PE and another decree that must have been issued about the north to legally partition the tenement. So the reference to rights owned by Cominiere is the 20% (15% Zijin and 5% MMCS) approved for transfer by the MoP due to the ownership at the time of the initial decrees"


Mate, how the fuck do you know it's not related to Tantalex getting a PE for it's tailings.



Manono: United Cominiere and MINOCOM, subsidiaries of Tantalex Lithium Resources, present their civilities to the new Administrator of the Territory

Immediately after taking up his new duties as Territory Administrator (AT) of MANONO in the province of Tanganyka, Cyprien KITANGA received this Friday, February 3, 2023 a delegation from TANTALEX LITHIUM RESOURCES and its two subsidiaries: UNITED COMINIERE and MINOCOM. These three mining companies came to present their civilities to the AT. During the discussions, Cyprien Kitanga promised to protect mining investors and support them. "My mission is to protect, secure and support investors ," he said.

The Administrator also reassured his hosts of his desire to enforce the specifications of the parties, in accordance with the Mining Code”. For C. Kitanga, a win-win partnership is needed between investors and the population.

Present during this meeting, the Manono Office Manager Robert Kumwimba, outlined the history of investors in MANONO. According to him, "TANTALEX is a major partner who has always supported the social actions of the population of MANONO".

The TANTALEX delegation took advantage of this audience to present all of its subsidiaries. It is : 1. UNITED COMINIERE (UC) which is developing a cassiterite and coltan production project, 2. MINOCOM, a lithium production project from backfill.

The TANTALEX delegation was led by Mrs. Lydia Mbaka (Manager responsible for Communication and Public Relations in the DRC). The following were notably part of this team: Mr. Éric Gagnon (Environment, Social and Governance Manager) and Mr. Hervé Kitolo (Human Resources Manager). "The interview was constructive and warm ," said Lydia Mbaka.

As a reminder, appointed 3 months ago by the President of the Republic Félix Antoine Tshisekedi, Cyprien Kitanga took office this Friday. He succeeds Pierre Mukamba, who died a few days ago.


How about just posting some research instead of making assumptions about things you don't know

There's been all sorts of information coming out of the DRC including articles on Jules Alingete as well as the head of CENI asking Sama Lukonde for $30million to suspiciously replace voting officials.

And as far as fucken takeover offers, I have it straight from Nigel the neighbour's beagle that the company wants to go mining and minimum takeover at this stage is $3 to 3.50.

That’s not me guessing or speculating, that’s straight from the beagleWhere is our delegation to the new administrator of the Territory
Glaring question that slaps me in the face here is:

Where is our delegation to the new administrator of the Territory
 
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Lichione

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BTW Nigel will go to South African 121 on Feb 7/8th,which is Tuesday/Wednesday, so might see a good chance the announcement would be the first half, even Monday. Otherwise what the shit he will talk about? Saying we lost everything?
 
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Mr Clean

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'Fuck off' would've sufficed.
Get with the programme mate.
The old meta was to remove them from the forum. New meta is just to them to fuck off. I prefer the new meta
 
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@Schemozzle I appreciate your response and @wombat74 (Wombles) you know I have a certain amount of affection for you and wouldn’t put you on ignore, I’m just trying to keep the conversation on track rather than a lot of uninformed opinions.

What my own uninformed opinion is…. that the DRC’s 10% ownership of the project and where it is coming from has to be determined as a condition before the ML can be fully granted but I’m happy to say I don’t know that for sure rather than just post it like it is fact @Carlos Danger

I’ve already got my target picked that I’m going to be attacking (in the DRC) if the PE for the south and PR for the north (or the PE for the whole of the project) isn’t granted to us soon.

I’ll just carry on my own one man attack on where I think it needs to be focused and hopefully it gets back to the MoM and Felix, until then I’m going to hopefully sign off here for another week

$10 Farken
 
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obe wan

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These 2 new decrees directly relate to the ministerial decree for the PE and another decree that must have been issued about the north to legally partition the tenement. So the reference to rights owned by Cominiere is the 20% (15% Zijin and 5% MMCS) approved for transfer by the MoP due to the ownership at the time of the initial decrees.

This is extremely good news. Now AVZ can activate its first right of refusal on the 15% from Cominiere. And Cominiere can then cede their remaining 10% to the DRC government after the licence is registered. Womp womp Zijin imo.

Here's a better translation:

ACAJ congratulates the Minister of Mines for having signed decrees numbers 00031 and 00032 dated 28/01/23 relating to decrees numbers 00147 and 00080 respectively granting exploitation permit number 13359 to DATHCOM Mining SA and noting its partial waiver of research permit number 13359.

It is a courageous decision that allows the state-owned company COMINIERE SA to recover all of its rights to the Manono lithium concession. ACAJ reiterates to the Government its request for review of the DATHCOM contract.
But I don't think the decree included any part of north ; north was gone to exploration licence and just sidelined ;unless of course it's now been introduced ; who knows, the tweet mentions a couple of other decrees before going on to mention 13359 and this partial waiver, so these maybe separate decrees unrelated to Dathcom / Manono; who knows. It stated that decrees 00031 and 32 are relating to decree no 00147 and 80....havent heard of decree 000147 or 80 before ; maybe those are numbers/decrees that Franck Fwamba or other could cast some light on

The decree was to Dathcom and not to subsidiaries I.e AVZ or Cominiere ; so the tweet maybe a bit misleading, unless it's simply that the 15% has been retrieved back from zijin and business as usual ; but waivering of decree makes no sense, as retention of the 15% would just be something that happens under the Dathcom umbrella and should not require a decree to be altered / waivered ; irregardless as to who ever holds what percentage, the Decree is to Dathcom.

I guess some of our questions / attempts to understand, may also be muddled up by the author of the tweets knowledge/understandings or lack thereof.

Best case scenario would of course be north being north coming in under the decree and Cominiere retaining the percentage the green mamba signed off
 
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Acaj has mentioned 00147 and 00080, also why the new decrees 00031 and 00032?
Yeh that's what I was wondering, what are the decrees they are referring too.

I'm sure if it was something against us we would have seen all the targeted articles etc last week.

So maybe this is positive lol 😆 🤔 🤷🏻‍♂️
 
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Bin59

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Good morning everyone, great to see you’re all in fine form 🤣 … I’ve enjoyed my mental health break and now ready to face the expected news in the weeks/months ahead.

I’ve just read a series of tweets from Netoo re the 85th Council of Ministers meeting - changes for MoP appear to be happening 🤞



1675550906150.jpeg

1675550921872.jpeg
 
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Misfits

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DiscoDanNZ

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*Speaking of the Minister of Mines, I see where it's a "Win Win" for Ambassador Zhu Jing, as

China committed to supporting the DRC in the recovery of its mining industry

View attachment 28640

China is committed Thursday, February 02, to support the Democratic Republic of Congo (DRC), in the recovery of its mining industry, said the Chinese ambassador to the DRC, Zhu Jing at the end of the audience with the Minister of Mines, Antoinette N'Samba Kalambayi, learned from the ACP on Friday February 3 from the said ministry.

"China is ready to support the DRC in the recovery of its mining industry, but also in the creation of raw materials processing industries and in the future to be a major investor," said the ambassador.

The ambassador made the statement during Thursday's exchanges on the sincere and win-win otherwise-Congolese partnership in the field of mining.

The representative of China in the DRC being satisfied with the good relations between his country and the DRC, indicated that his country has focused in the dynamics of bringing its technology for the industrialization of minerals on site in the DRC.


“The mining sector is one of the pillars of otherwise-Congolese partnership, which is based on win-win cooperation.

"I came not only to say goodbye to the end of my mandate of more than 3 years in the DRC, but also to take stock of cooperation in the mining sector with the Minister of Mines as well as fruitful and constructive exchanges, but also on the new future prospects," said the Chinese ambassador to the DRC.

It further means that: “we all agree to the mining cooperation between China and the DRC.

It is a win-win partnership that deserves to be reinforced with investments.

We are ready to go hand in hand in our win-win partnership,” said Ambassador Zhu Jing.

The Republic of China follows the policy of the Head of State Félix-Antoine Tshisekedi Tshilombo which is materialized by the Minister of Mines and in the logic of the win-win partnership, for the happiness of two States, the DRC and China .

mediacongo


View attachment 28641

Using that picture of FT as a third world level deepfake of a meeting with Felix, could be how easy it was to hoodwink Nigel about how 'Felix wants the tenement split.'

How is China going to support the DRC? Build some invisible hospitals or an imagination highway? When will these people learn that Chyna aren't here to help?

Appreciate the post Fits....but seriously what are Titan64's credentials??

Lots of promises, lots of "inside info", lots of crypto references, lots of.....lots of.......

Frankly ...nothing....

Why would Titan provide anything more than the shit the rest of us post???

I'm just trying to get my head around Titan having any more cred than most of the crap rubbish posted here with no basis......including my own

He could be a puppet of DG for all we know, it was DG's MO to try and buddy up with people and feed them information so it could filter back through the forums. Not saying it is but I wouldn't be surprised if it was...

After chatting with Wombat last time I was here, I realised a few things…. Some posters don't research what is going on in and around the DRC and AVZ, others vent their frustration and others probably just use TSE as a chat forum.

Wombat told me he doesn't take the forum seriously, he finds it entertaining and he's retired and living comfortably…. and for as long as I remember all he has wanted is a TO. Wombie, I'm not going to suggest to you what to do, but it would have been nice to hear you add a little something we didn't know, and that might have been useful information.

I posted what I thought might contribute to our cause and I'm happy to admit to posting a fair bit of nonsense, but it wasn't just useless. I even through in a few Naked Gun videos to try and ease the angst between you and Nells a few months back, when you were pissed off with her and The Fox, but I suppose to be fair the 'Pineappling" you introduced to the threads might go down as the most memorable topic of all

I'd hoped that shareholders here might have been able to pool their knowledge or whatever resources they have in a way that together on TSE we might actually help our cause and the company…. doesn't seem to be the case.

Whatever, I've had a few laughs and good to see @Chilla and @obe wan more recently providing good knowledge on the company's financing, ASX rules and institutional buying and selling etc, and I have picked up some other good information here…. It's just not worth the bullshit any longer

I posted this because @Carlos, I know you provide a lot of information, but do you have to answer every fucken question and comment everyone makes…. You're even answering fucken modo, who everyone knows is a troll. And lions being lions, I love big cats mate, but fuck me, your reminding me of the paddle pop lion.

This is what you posted earlier Carlos:

"These 2 new decrees directly relate to the ministerial decree for the PE and another decree that must have been issued about the north to legally partition the tenement. So the reference to rights owned by Cominiere is the 20% (15% Zijin and 5% MMCS) approved for transfer by the MoP due to the ownership at the time of the initial decrees"


Mate, how the fuck do you know it's not related to Tantalex getting a PE for it's tailings.



Manono: United Cominiere and MINOCOM, subsidiaries of Tantalex Lithium Resources, present their civilities to the new Administrator of the Territory

Immediately after taking up his new duties as Territory Administrator (AT) of MANONO in the province of Tanganyka, Cyprien KITANGA received this Friday, February 3, 2023 a delegation from TANTALEX LITHIUM RESOURCES and its two subsidiaries: UNITED COMINIERE and MINOCOM. These three mining companies came to present their civilities to the AT. During the discussions, Cyprien Kitanga promised to protect mining investors and support them. "My mission is to protect, secure and support investors ," he said.

The Administrator also reassured his hosts of his desire to enforce the specifications of the parties, in accordance with the Mining Code”. For C. Kitanga, a win-win partnership is needed between investors and the population.

Present during this meeting, the Manono Office Manager Robert Kumwimba, outlined the history of investors in MANONO. According to him, "TANTALEX is a major partner who has always supported the social actions of the population of MANONO".

The TANTALEX delegation took advantage of this audience to present all of its subsidiaries. It is : 1. UNITED COMINIERE (UC) which is developing a cassiterite and coltan production project, 2. MINOCOM, a lithium production project from backfill.

The TANTALEX delegation was led by Mrs. Lydia Mbaka (Manager responsible for Communication and Public Relations in the DRC). The following were notably part of this team: Mr. Éric Gagnon (Environment, Social and Governance Manager) and Mr. Hervé Kitolo (Human Resources Manager). "The interview was constructive and warm ," said Lydia Mbaka.

As a reminder, appointed 3 months ago by the President of the Republic Félix Antoine Tshisekedi, Cyprien Kitanga took office this Friday. He succeeds Pierre Mukamba, who died a few days ago.


How about just posting some research instead of making assumptions about things you don't know

There's been all sorts of information coming out of the DRC including articles on Jules Alingete as well as the head of CENI asking Sama Lukonde for $30million to suspiciously replace voting officials.

And as far as fucken takeover offers, I have it straight from Nigel the neighbour's beagle that the company wants to go mining and minimum takeover at this stage is $3 to 3.50.

That’s not me guessing or speculating, that’s straight from the beagle

"After chatting with Wombat last time I was here, I realised a few things…. Some posters don't research what is going on in and around the DRC and AVZ, others vent their frustration and others probably just use TSE as a chat forum."

Some people just don't have the time to deep dive the sewage treatment pond that is the DRC's political landscape and Shitter though mate. Since I've gone back to work I barely even have time to catch up on the 4-6 pages here a day and rely on what's here for my information and am extremely grateful for the research and fecal sifting that posters here do for the community.

Glaring question that slaps me in the face here is:

Where is our delegation to the new administrator of the Territory

Exactly, everyone but us seems to have a foot in the door somewhere and here we are possibly being scammed into splitting our tenement based on the word of some shit head name dropping a framed picture of the President.

Good morning everyone, great to see you’re all in fine form 🤣 … I’ve enjoyed my mental health break and now ready to face the expected news in the weeks/months ahead.

I’ve just read a series of tweets from Netoo re the 85th Council of Ministers meeting - changes for MoP appear to be happening 🤞



View attachment 28674
View attachment 28675


So she just looked like her normal self then? When has the Green Gobbler ever looked happy?




HUGE IF TRUE but as always with the D R of Corruption you have to wait for the made up shit to settle in the treatment pond then be filtered through to be used as drinking water for the populus.
 
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@Schemozzle I appreciate your response and @wombat74 (Wombles) you know I have a certain amount of affection for you and wouldn’t put you on ignore, I’m just trying to keep the conversation on track rather than a lot of uninformed opinions.

What my own uninformed opinion is…. that the DRC’s 10% ownership of the project and where it is coming from has to be determined as a condition before the ML can be fully granted but I’m happy to say I don’t know that for sure rather than just post it like it is fact @Carlos Danger

I’ve already got my target picked that I’m going to be attacking (in the DRC) if the PE for the south and PR for the north (or the PE for the whole of the project) isn’t granted to us soon.

I’ll just carry on my own one man attack on where I think it needs to be focused and hopefully it gets back to the MoM and Felix, until then I’m going to hopefully sign off here for another week

$10 Farken
The main purpose of what I posted was to counteract the people saying that ACAJ's tweet meant that Cominiere were going to take all of our holdings in Dathcom and the northern part of the tenement. Weird you're not going off at them for posting without evidence.

It is far more likely that these new decrees relate to the disputed 20% that the MoP approved for transfer rather than Cominiere being awarded basically everything that AVZ owns imo. That was all I was trying to say and the very next section I added an imo. Apologies if it wasn't written exactly as you would like. As you say the decrees could also be about Tantalex or they could be about something else. I look forward to an official announcement regarding this matter from management for clarity.

The vast majority of my posts are factual and I'm not one to claim I have inside lines to beagles or to give dates about when things are going to happen. A lot of bullshit gets posted here and written in official announcements that is stated as fact. At least what I said wouldn't impact the share price as we're not fucking trading because the registration of the licence didn't happen in a matter of days as promised.
 
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I know this is hard given the dearth of verifiable information, but let’s not go chewing each other out here. That’s exactly what the corrupt actors want to see.

We‘re all in this clusterfuck together. Be kind.
 
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Frank

Top 20
That’s exactly what the corrupt actors want to see.

We‘re all in this clusterfuck together. Be kind.

*Speaking of Clusterfucks, This might help explain a few things, as i see where,

Reshuffle: Sama Lukonde 2, a political error that would oil the balance sheet of Felix Tshisekedi, after the passage of the Pope!

1675561343401.png

Jean-Michel Sama Lukonde is the current Prime Minister of the Democratic Republic of Congo, since August 26, 2021, replacing Professor Sylvestre Ilunkamba, Prime Minister of the FCC-CACH coalition.

Sama Lukonde is appointed Prime Minister by a majority that does not recognize itself in place.

As part of a political party (ACO) which failed to field three deputies in the 2018 legislative elections, Sama Lukonde has Dany Banza as moral authority.

His only chance is that this ACO executive is a Katangan who must replace Ilunkamba, another Katangan; question of geopolitical balance.

However, Sama is considered the weakest prime minister in Congolese political history, since the country entered electoral cycles.

From Gizenga, Muzito, Matata, Tshibala to Ilunkamba, the Congolese Prime Ministers were either technocrats, broken politicians with a certain sociological anchoring in the field, because they came from large political groups where experience spoke above all in a given sector.

In terms of socio-political anchoring, Sama has never been elected, not even in his neighborhood in Lubumbashi.

He comes from a provincially based party.

In Kinshasa, Dany Banza's ACO is unknown.

Patrick Bolognya's ACO is the best known.

Since the government is the emanation of Parliament, and elected officials do not recognize themselves in it, Sama Lukonde is weakened within his government.

Some Warriors, party leaders and national deputies, believe they deserve better than Lukonde, considered a parachute.

The proof: his government is not homogeneous, without governmental cohesion, undermined with so many quarrels between ministers or between ministries and administration.

Sama Lukonde is incapable of establishing order and discipline.


For example, the administration is today in the street.

Sensitive administrative documents are easily found on the web, because of conflicts between members of the government.

We can cite the IGF-EPST, IGF-Portfolio, IGF-Sports, Minister of Finance-Minister of Sports, etc. in the face of all this, Sama Lukonde presented himself in general helpless.

Some conflicts have been suppressed by private events (political parties, political personalities, etc.).

And when we scratch in the background, we learn that there are ministers who do not answer for Sama Lukonde, in particular those of Finance, Foreign Affairs, PT-NTIC.


Since these whisper directly into the ear of the chef, our cables report.

He is the only outclassed Prime Minister with so many parallel projects from the Presidency, which is even the basis of so many hijackings.

As who would say, Sama Lukonde comes up against the parallel government of the Presidency, which did not happen yesterday under Ilunkamba.

Sama Lukonde failed in the conduct of his government for lack of authority and charisma.

Politically, Sama Lukonde will bring nothing to Fatshi, for lack of socio-political anchoring, not even in his native Katanga.

On the diplomatic level, Sama Lukonde is without an address book.

For two years, he brought nothing, the leader fights alone on all fronts.

In all, Sama Lukonde is neither political nor technocrat, simple, he is a docile child who obeys the finger and the eye and above all does not overshadow the leader.

Keeping him in this post means ignoring the homily of Pope Francis and the cardinal's questioning, which demanded a new governance embodied by a government at the service of the population, headed by a Prime Minister at the height of the Congolese challenges.


mediacongo

#doublefacepalm.jpg



Food for thought on Lukonde hey @MoneyBags1348 :rolleyes:
 
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Frank

Top 20
Using that picture of FT as a third world level deepfake of a meeting with Felix, could be how easy it was to hoodwink Nigel about how 'Felix wants the tenement split.'

How is China going to support the DRC? Build some invisible hospitals or an imagination highway? When will these people learn that Chyna aren't here to help?



He could be a puppet of DG for all we know, it was DG's MO to try and buddy up with people and feed them information so it could filter back through the forums. Not saying it is but I wouldn't be surprised if it was...



"After chatting with Wombat last time I was here, I realised a few things…. Some posters don't research what is going on in and around the DRC and AVZ, others vent their frustration and others probably just use TSE as a chat forum."

Some people just don't have the time to deep dive the sewage treatment pond that is the DRC's political landscape and Shitter though mate. Since I've gone back to work I barely even have time to catch up on the 4-6 pages here a day and rely on what's here for my information and am extremely grateful for the research and fecal sifting that posters here do for the community.



Exactly, everyone but us seems to have a foot in the door somewhere and here we are possibly being scammed into splitting our tenement based on the word of some shit head name dropping a framed picture of the President.



So she just looked like her normal self then? When has the Green Gobbler ever looked happy?




HUGE IF TRUE but as always with the D R of Corruption you have to wait for the made up shit to settle in the treatment pond then be filtered through to be used as drinking water for the populus.
When will these people learn that Chyna aren't here to help?

Haut-Uele: civil societies of Watsa denounce non-compliance with the instruction of the Head of State on the illicit exploitation of minerals

In a statement to the press on Friday February 3, 2023, civil societies in the territory of Watsa (Haut-Uele) denounce the illicit exploitation of minerals by mining cooperatives in collusion with Chinese subjects in this part of the DRC.


This, according to them, in violation of the instruction of the President of the Republic during the 37th Council of Ministers as well as the circular of the National Minister of Mines of December 20, 2021 by the mining cooperatives of the territory of Watsa.

These living forces specify that after observation and descent on the ground, they noted serious violations in environmental matters.

The population of these corners lack drinking water and other goods for their survival.

They again observed the pollution of the environment and the destruction of the fields of the peaceful citizens by heavy machines used by the Chinese subjects.

Therefore, the living forces of Watsa territory grant a 7-day moratorium to all mining cooperatives to implement a memorandum of understanding and compensate the affected communities.

They ask the Congolese government to take the facts of artisanal mining seriously in order to know the traceability of resources in this area.

Failing this, the civil companies of Watsa will carry out large-scale actions from next February 13 in all the entities operated by the Chinese.

Read the civil society statement below:


1675563085871.png
 
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hedrox

Regular
Nice find Frank...makes all more and more sense now and would give Felix a good reason to give Sama Lukonde the fucking boot.
 
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whales

Regular
The main purpose of what I posted was to counteract the people saying that ACAJ's tweet meant that Cominiere were going to take all of our holdings in Dathcom and the northern part of the tenement. Weird you're not going off at them for posting without evidence.

It is far more likely that these new decrees relate to the disputed 20% that the MoP approved for transfer rather than Cominiere being awarded basically everything that AVZ owns imo. That was all I was trying to say and the very next section I added an imo. Apologies if it wasn't written exactly as you would like. As you say the decrees could also be about Tantalex or they could be about something else. I look forward to an official announcement regarding this matter from management for clarity.

The vast majority of my posts are factual and I'm not one to claim I have inside lines to beagles or to give dates about when things are going to happen. A lot of bullshit gets posted here and written in official announcements that is stated as fact. At least what I said wouldn't impact the share price as we're not fucking trading because the registration of the licence didn't happen in a matter of days as promised.
What is very positive is these new decrees if they came from the President for the Minister of Mines to act on overrides the decisions made by CAMI.
Let's hope so ??
Basically Mupande has to abide by the decrees ....let's see mananagements response.
But at least the process to resolve the stalemate with Comminiere regaining its 15% from Zijin and 5% from MMC allowing 10 % to be transferred to the State and complete ML approval .
 
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ptlas

Regular
What is very positive is these new decrees if they came from the President for the Minister of Mines to act on overrides the decisions made by CAMI.
Let's hope so ??
Basically Mupande has to abide by the decrees ....let's see mananagements response.
But at least the process to resolve the stalemate with Comminiere regaining its 15% from Zijin and 5% from MMC allowing 10 % to be transferred to the State and complete ML approval .
I've been a critical of BoD as anyone, but the truth of the matter is that they (somehow) have kept us in the game and the tide seens to be turning.
As official silence has got us to this point, I'm happy for it to continue until there are irrefutable positives coming out of DRC.
Then I'll be happy to see ML, SEZ, FID etc from AVZ.
If I can make the next AGM, I'll be asking Ferguson about his other shareholding even if he's sold it.
Needs to explain that.
 
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Xerof

Biding my Time 1971
These decrees appear to be with respect to LICENSE status, not OWNERSHIP

A possibility is MOM has withdrawn both 13359 south, and any available but not yet allocated entitlement to 13359 north and will do the right thing, and award PE to AVZ

Just adding more options to a very vague potpourri of sewage


arsehole
 
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obe wan

Regular
These decrees appear to be with respect to LICENSE status, not OWNERSHIP

A possibility is MOM has withdrawn both 13359 south, and any available but not yet allocated entitlement to 13359 north and will do the right thing, and award PE to AVZ

Just adding more options to a very vague potpourri of sewage


arsehole
Ye it couldn't be ownership, that's all under the Dathcom roof. It must be licence status ; If there's any adjustment to the current north / south arrangement I.e. Currently South is Exploitation which would have an associated mining number and North being Exploration, which would have it's own number. Then I'd assume that the current decree would need to be withdrawn / binned and a new one issued if the entire tenement 13359 is to fall under an exploitation licenced, like it should have already if CAMI abided by it's own mining code 🙄.. Decrees with revisions on file prior to issue of a licence ... reminder as to what a shit show it all was
 
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These decrees appear to be with respect to LICENSE status, not OWNERSHIP

A possibility is MOM has withdrawn both 13359 south, and any available but not yet allocated entitlement to 13359 north and will do the right thing, and award PE to AVZ

Just adding more options to a very vague potpourri of sewage


arsehole
Ye it couldn't be ownership, that's all under the Dathcom roof. It must be licence status ; If there's any adjustment to the current north / south arrangement I.e. Currently South is Exploitation which would have an associated mining number and North being Exploration, which would have it's own number. Then I'd assume that the current decree would need to be withdrawn / binned and a new one issued if the entire tenement 13359 is to fall under an exploitation licenced, like it should have already if CAMI abided by it's own mining code 🙄.. Decrees with revisions on file prior to licence issue of a licence ... reminder as to what a shit show it all was
Then why did ACAJ say this?

'It is a courageous decision that allows the state-owned company COMINIERE SA to recover all of its rights to the Manono lithium concession. ACAJ reiterates to the Government its request for review of the DATHCOM contract.'

The only other interpretation I can think of other than Tantalex is that the tenement is being made whole again. I did post here a while ago that there may need to be a new ministerial decree to award Dathcom the full 221 carrés it should have under the mining code. But it's a weird way to phrase it considering Cominiere will end up not holding any % of Dathcom at the end.
 
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obe wan

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Then why did ACAJ say this?

'It is a courageous decision that allows the state-owned company COMINIERE SA to recover all of its rights to the Manono lithium concession. ACAJ reiterates to the Government its request for review of the DATHCOM contract.'

The only other interpretation I can think of other than Tantalex is that the tenement is being made whole again. I did post here a while ago that there may need to be a new ministerial decree to award Dathcom the full 221 carrés it should have under the mining code. But it's a weird way to phrase it considering Cominiere will end up not holding any % of Dathcom at the end.
But they mention decrees, what going on within the jv can go on, sure Cominiere may have got its percentage back from Zijin, but that that shouldn't result in a ‘waivered’ decree ; Yes there is that 5% issue floating around if they really think Zijin are still in the game and MMCS gained 5% from MoP which left DRC 5% short... The arbitration case, is highly likely and in the very near term, going to drop a nail that coffin.

percentages under the main applicant I.e. Dathcom; and how it's actually structured is nothing to do with MoM; she cant tell companies what percentage each needs to retain, there needs to be a 51% entity, but AVZ already has that either way, and that 15% was never held by AVZ, so that 15% was never pinned to AVZ and the balance of the percentages outside of that 51% block can shift around however it likes

Why waiver a decree when all the percentages are already there sitting within Dathcom? Sure decision on MMCS is not out yet, but surely they’d wait on that considering it's ‘only’ between 3-90 days if they considered it an issue as opposed to jumping the gun and wavering a decree prior to verdict which has gotta be pretty close
 
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