AVZ Discussion 2022

[BEISHA]

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 et MINOCOM, filiales de Tantalex Lithium Resources, présentent leurs civilités au nouvel Administrateur du Territoire

Aussitôt après avoir pris ses nouvelles fonctions d’Administrateur du Territoire (AT) de MANONO dans la province du Tanganyka, Cyprien KITANGA a reçu ce vendredi 3 février 2023 une délégation de TANTALEX LITHIUM RESOURCES et ses deux filiales : UNITED COMINIERE et MINOCOM. Ces trois sociétés...

7sur7.cd

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

Hi Money

Look mate, dont take this the wrong way, but i thought you were rather harsh regards to your comments directed to @Carlos Danger ...

I never took what he said as " fact ", everything should be interpreted on this forum as IMO, cause the real fact is, no one here has got the " facts ", the only fact comes in the way of a formal announcement by the AVZ bod via the ASX............in the mean time its all a fucking guess..........reading between the lines, cause the fact of the matter, we have been in exile for 8 months or more, living in a echo chamber , trying to glean our own info by translating fucking french into english on dodgy african news channels / twitter, which is cryptic in nature.

I have mentioned this before and @Schemozzle recent post emphasises too..........it takes all types of posters to make a forum work, especially so when we are in extended suspension

Its not all about sleuthing all the time, its gotta have a bit of humour, its gotta have some venting ( mental health ), cause there is a heap of reasons to vent, but more importantly .....its about comradship , mateship, a sense of community...........its ok to just have a chat off topic sometimes, cause discussing corruption all the time can really fry your brain cells.


No one is right or wrong here, its a public forum where one shares ideas and thoughts and everyone should be respected accordingly.


IMO, IMO, IMO, IMO

 

[cruiser51]

Testing, Testing, Testing.

Because all is going to plan in Kinshasa, might as well have a jolly on my new plane, with my super US$350,000 watch, to tell all the dear people of Africa how to run their countries.

Is Felix impotent to run his country?
Is Lukonde impotent to run his parliament?
Who the fuck is running the DRC?
The Beijin's Balloon men, who say it is all a misunderstanding and don't shoot my fucking spy balloon out of the sky, the sky is at the end of the day Chinese fuckin property?
Xi will be ready for all ya morons in 2027 in Taipei.


I can see the general population of the DRC stand up and kick the entire wasteful self-serving rotten core in the DRC out, Felix included!




#RDC 04.02.2023| #Bujumbura The Head of State, Félix-Antoine Tshisekedi Tshilombo arrived this Saturday in Bujumbura (Burundi) to participate in the Extraordinary Summit of the CAE/EAC relating to the evaluation of the Luanda roadmap.

 

[MoneyBags1348]

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.

Well before I reply to Carlos, I want to say, thanks @Frank, always nice to hear from you mate!

@BEISHA, I don't know if I take things the wrong way or not?! As far as my comments to Carlos, I know he has provided a great deal of information, so much so, that I know there are some here who think he is Ben Cohen.... As far as no one here has got the facts, there are lots of facts out there, I would say as many facts as there are assumptions and speculation and if you stick to the facts, then you don't need to be adding to the speculation.

In regards to harsh, BEISH I recall you having harsh words regarding Netoo Sethi not to long ago, and not that long before that harsh words were said by others about @Schemozzle (who can confirm at the time I privately messaged him and told him I appreciated his input). I did have a sense of humour here BEISH, it's gone now.... like me for the next week after this post

@Carlos Danger you seem to have taken offense to my post, that's ok, people here have offended me too. My issue still remains that of those making unverified, unsubstantiated statements (guesses in other words) based on only having half the information. It's bad enough reading the bullshit in the DRC, and our exec's and BOD being guilty of it for months without others turning this into what could sometimes be described as reading information from a barrel of half witted monkeys.

The only person here I have on ignore is cruiser and he actually is well researched and accurate in his assessments of our circumstances.

Now the issue I have with you Carlos, is that your comments today are based on what you have read TODAY from ACAJ and I don't even think you know what they have come out with before.... but because you have to reply to everyone, and me being one of them today, I'm going to share some information that came from ACAJ last year, that I didn't fucken want to share on here, but if it makes you research a little bit more before commenting I going to put it below.... and no doubt you and others aren't going to like it, but if you want to engage with me I'll tell you what I know.

Knowing you, you will reply again, but I won't, like I said, I am having the next week off.... Here is what ACAJ said last year:


DRC: ACAJ wants severe sanctions against COMINIERE's agents involved in the contract with MMCS

Georges Kapiamba, national president of ACAJ, during a press briefing, Saturday, March 05 in Kinshasa

The Congolese Association for Access to Justice (ACAJ) calls on the Congolese government to impose severe sanctions against the agents of the Congolese Mining Company (COMINIERE) involved in the joint venture contract with the MMCS company. Through its president, Me Georges Kapiamba, the ACAJ asks the government to carry out a credible investigation into the behavior of COMINIERE's representatives.

In addition, ACAJ recommends that the Congolese government initiate negotiations with MMCS to avoid a possible conviction of the COMINIERE company by the Paris Arbitral Tribunal.

"The dispute arises from the violation by COMINIERE of its obligations under the joint venture contract, concluded on September 16, 2013 between MMCS and COMINIERE, for the exploitation of the mineral deposits of Manono and Kitotolo in the province of Tanganyika in accordance with the Permit d'Exploitation 12202 (PE 12202).PE 12202 was allocated to COMINIERE on July 2, 2011 before being sold on July 26, 2011 to the company Manono Minerais SARL (MANOMIN).The latter is a company established under the laws of the DRC and was initially a wholly-owned subsidiary of COMINIERE. Upon signing the contract, MMCS acquired 68% of the shares of MANOMIN, the remaining 32% remaining held by COMINIERE.", can we read in the document published this Saturday 05 March.

The NGO ACAJ indicates that the two companies MMCS and COMINIERE had undertaken to jointly operate PE 12202 through MANOMIN, their joint company. “MMCS has fulfilled its obligations under the contract, in particular by paying 5 million USD for research and exploitation work and to develop the infrastructures necessary for the development of the project”, notes the ACAJ document.

And to add: "According to the terms of the contract, COMINIERE had the obligation to do everything possible to ensure that PE 12202 was not revoked, not to grant rights to third parties in the area covered by the PE 12202 and to assist MMCS and MANOMIN in the operation of PE 12202.”

However, COMINIERE never fulfilled its obligations. Several documents to which the ACAJ had access show that COMINIERE acted unfairly towards MMCS by establishing, from the beginning of 2016, links with third-party companies interested in the project in order to discuss potential agreements concerning the exploitation of PE 12202 or deposits located on the territory covered by PE 12202. These discussions with third parties were held before the revocation of PE 12202 in disregard of COMINIERE's obligations of loyalty under the terms of the contract.

ACAJ recalls that since February 2017, the new permit has been majority-owned by an Australian company, AVZ Minerals Limited ("AVZ"), whose links with COMINIERE date back to the beginning of 2016, before the revocation of the PE 12202 and while MANOMIN (and MMCS) were still holders of PE 12202. AVZ has since then undertaken the exploitation of the new permit using all the infrastructure and preliminary work carried out and financed by MMCS, while there are still serious doubt as to his preliminary payment of key money.

"MMCS sued COMINIERE before the Paris arbitral tribunal and provisionally claims from it the sum of 180 million US dollars for the damages suffered following the revocation of PE 12202, due to being deprived of the opportunity to develop the project. and to reap the benefits of the substantial investments it has made over four years. It adds that this estimate is also provisional and could be revised upwards in particular with regard to the announcements made regularly by AVZ concerning the wealth of the Project and the prospects. gains expected in the near future. While AVZ has only conducted very limited work, it recently announced that the total value of the Coltan, Tin, Lithium and Wolframite deposits of the said project could exceed US$700 million .”, concluded the ACAJ.

I'm posting this information for you Carlos, I'm not drawing any conclusions, making any suggestions or offering my opinion on it. The only thing left I have to say is I wont be posting again for the next week

 

[TDITD]

Testing, Testing, Testing.

Because all is going to plan in Kinshasa, might as well have a jolly on my new plane, with my super US$350,000 watch, to tell all the dear people of Africa how to run their countries.

Is Felix impotent to run his country?
Is Lukonde impotent to run his parliament?
Who the fuck is running the DRC?
The Beijin's Balloon men, who say it is all a misunderstanding and don't shoot my fucking spy balloon out of the sky, the sky is at the end of the day Chinese fuckin property?
Xi will be ready for all ya morons in 2027 in Taipei.


I can see the general population of the DRC stand up and kick the entire wasteful self-serving rotten core in the DRC out, Felix included!




#RDC 04.02.2023| #Bujumbura The Head of State, Félix-Antoine Tshisekedi Tshilombo arrived this Saturday in Bujumbura (Burundi) to participate in the Extraordinary Summit of the CAE/EAC relating to the evaluation of the Luanda roadmap.

I’m retiring to my padded room

 

[hedrox]

We had this discussion earlier @MoneyBags1348 ....MMCS never put a penny into exploration, neither did Manomin.
As long I remember right, both couldn't prove spending any coin for exploration on PE 12202....this would make AVZ the legit title holders.

 

[MoneyBags1348]

We had this discussion earlier @MoneyBags1348 ....MMCS never put a penny into exploration, neither did Manomin.
As long I remember right, both couldn't prove spending any coin for exploration on PE 12202....this would make AVZ the legit title holders.

Totally agree Hedrox. Just putting what was said by ACAJ out there

I know I read one of your posts earlier that I thought was spot on but I’m starting to forget what has been posted since I started losing interest last week or the week before or one before that

Anyway I appreciate your response and comments in general…. Have a good week, I’m out of here

 

[obe wan]

Well before I reply to Carlos, I want to say, thanks @Frank, always nice to hear from you mate!

@BEISHA, I don't know if I take things the wrong way or not?! AS far as my comments to Carlos, I know he has provided a great deal of information, so much so, that I know their are some here who think he is Ben Cohen.... As far as no one here has got the facts, there are lots of facts out there, I would say as many facts as there are assumptions and speculation and if you stick to the facts, then you don't need to be adding to the speculation.

In regards to harsh, BEISH I recall you having harsh words regarding Netoo Sethi not to long ago, and not that long before that harsh words were said by others about @Schemozzle (who can confirm at the time I privately messaged him and told him I appreciated his input). I did have a sense of humour here BEISH, it's gone now.... like me for the next week after this post

@Carlos Danger you seem to have taken offense to my post, that's ok, people here have offended me too. My issue still remains that of those making unverified, unsubstantiated statements (guesses in other words) based on only having half the information. It's bad enough our exec's and BOD have done it for months without others turning this into what I can only describe as reading information from a barrel of half witted monkeys.

The only person here I have on ignore is cruiser and he actually is well researched and accurate in his assessments of our circumstances.

Now the issue I have with you Carlos, is that your comments today are based on what you have read TODAY from ACAJ and I don't even think you know what they have come out with before.... but because you have to reply to everyone, and me being one of them today, I'm going to share some information that came from ACAJ last year, that I didn't fucken want to share on here, but if it makes you research a little bit more before commenting I going to put it below.... and no doubt you and others aren't going to like it, but if you want to engage with me I'll tell you what I know.

Knowing you, you will reply again, but I won't, like I said, I am having the next week off.... Here is what ACAJ said last year:


DRC: ACAJ wants severe sanctions against COMINIERE's agents involved in the contract with MMCS

Georges Kapiamba, national president of ACAJ, during a press briefing, Saturday, March 05 in Kinshasa

The Congolese Association for Access to Justice (ACAJ) calls on the Congolese government to impose severe sanctions against the agents of the Congolese Mining Company (COMINIERE) involved in the joint venture contract with the MMCS company. Through its president, Me Georges Kapiamba, the ACAJ asks the government to carry out a credible investigation into the behavior of COMINIERE's representatives.

In addition, ACAJ recommends that the Congolese government initiate negotiations with MMCS to avoid a possible conviction of the COMINIERE company by the Paris Arbitral Tribunal.

"The dispute arises from the violation by COMINIERE of its obligations under the joint venture contract, concluded on September 16, 2013 between MMCS and COMINIERE, for the exploitation of the mineral deposits of Manono and Kitotolo in the province of Tanganyika in accordance with the Permit d'Exploitation 12202 (PE 12202).PE 12202 was allocated to COMINIERE on July 2, 2011 before being sold on July 26, 2011 to the company Manono Minerais SARL (MANOMIN).The latter is a company established under the laws of the DRC and was initially a wholly-owned subsidiary of COMINIERE. Upon signing the contract, MMCS acquired 68% of the shares of MANOMIN, the remaining 32% remaining held by COMINIERE.", can we read in the document published this Saturday 05 March.

The NGO ACAJ indicates that the two companies MMCS and COMINIERE had undertaken to jointly operate PE 12202 through MANOMIN, their joint company. “MMCS has fulfilled its obligations under the contract, in particular by paying 5 million USD for research and exploitation work and to develop the infrastructures necessary for the development of the project”, notes the ACAJ document.

And to add: "According to the terms of the contract, COMINIERE had the obligation to do everything possible to ensure that PE 12202 was not revoked, not to grant rights to third parties in the area covered by the PE 12202 and to assist MMCS and MANOMIN in the operation of PE 12202.”

However, COMINIERE never fulfilled its obligations. Several documents to which the ACAJ had access show that COMINIERE acted unfairly towards MMCS by establishing, from the beginning of 2016, links with third-party companies interested in the project in order to discuss potential agreements concerning the exploitation of PE 12202 or deposits located on the territory covered by PE 12202. These discussions with third parties were held before the revocation of PE 12202 in disregard of COMINIERE's obligations of loyalty under the terms of the contract.

ACAJ recalls that since February 2017, the new permit has been majority-owned by an Australian company, AVZ Minerals Limited ("AVZ"), whose links with COMINIERE date back to the beginning of 2016, before the revocation of the PE 12202 and while MANOMIN (and MMCS) were still holders of PE 12202. AVZ has since then undertaken the exploitation of the new permit using all the infrastructure and preliminary work carried out and financed by MMCS, while there are still serious doubt as to his preliminary payment of key money.

"MMCS sued COMINIERE before the Paris arbitral tribunal and provisionally claims from it the sum of 180 million US dollars for the damages suffered following the revocation of PE 12202, due to being deprived of the opportunity to develop the project. and to reap the benefits of the substantial investments it has made over four years. It adds that this estimate is also provisional and could be revised upwards in particular with regard to the announcements made regularly by AVZ concerning the wealth of the Project and the prospects. gains expected in the near future. While AVZ has only conducted very limited work, it recently announced that the total value of the Coltan, Tin, Lithium and Wolframite deposits of the said project could exceed US$700 million .”, concluded the ACAJ.

By the way, I'm not drawing any conclusions, making any suggestions or offering my opinion on this, I'm simply presenting what was said

I think a lot of this came down to how that $5m was actually spent -

‘MMCS has fulfilled its obligations under the contract, in particular by paying 5 million USD for research and exploitation work and to develop the infrastructures necessary for the development of the project”

MMCS were initially claiming that they had spent a total of $9 million on advancing the Manono project, including pre-feasibility study analysis and development of a local corporate social responsibility initiative….. they then changed that to $5m as their bullshit bucket was leaking like a sieve …. We learned that they appeared at ICC with a sort of bottom of the case pre feasibility study which actually contained numerous figures, clearly copied and pasted from AVZs feasibility study …. Unless they had a back to the future moment then they missed that target and were clearly bullshitting .

Apparently they never tracked a rig on that ground either …. Infrastructure ; what’s classed as infrastructure on an exploration site …. Who spent the money and what did it go on ?

Claiming to have pushed in a couple of tracks into a brown fields mining site crawling with illegal tin miners whom have walked a fleet of tracks across the tenements over the last 30+ years in additions to the existing tracks that were already there isn’t really going to float .

Two Supreme Court cases DRC and Oz have resulted in nothing for MMCS . ICC case sounded like a shambles in which they also presented docs which clearly contained AVZ data probably wasn’t a great look either . They changed their valuations from 9 to 5m before as they couldn’t back it up . Providing bogus data in the latest case …. Surely that’s the end of the road for MMCS… only thing they’ll be doing is paying a hefty legal bill I reckon

 

[hedrox]

Nice move by the DRC council of ministers in the right direction....SEZ fund.

 

[Bin59]

It appears that funding is now available for Special Economic Zones - this can only be good news for MSEZ.

The #RDC by decision of the Council of Ministers of this 03.02.2023 now has a fund for financing Special Economic Zones. A powerful tool for economic diversification, it is also an integrated strategy for promoting exports whose volume is low.

 

[Winenut]

I think a lot of this came down to how that $5m was actually spent -

‘MMCS has fulfilled its obligations under the contract, in particular by paying 5 million USD for research and exploitation work and to develop the infrastructures necessary for the development of the project”

MMCS were initially claiming that they had spent a total of $9 million on advancing the Manono project, including pre-feasibility study analysis and development of a local corporate social responsibility initiative….. they then changed that to $5m as their bullshit bucket was leaking like a sieve …. We learned that they appeared at ICC with a sort of bottom of the case pre feasibility study which actually contained numerous figures, clearly copied and pasted from AVZs feasibility study …. Unless they had a back to the future moment then they missed that target and were clearly bullshitting .

Apparently they never tracked a rig on that ground either …. Infrastructure ; what’s classed as infrastructure on an exploration site …. Who spent the money and what did it go on ?

Claiming to have pushed in a couple of tracks into a brown fields mining site crawling with illegal tin miners whom have walked a fleet of tracks across the tenements over the last 30+ years in additions to the existing tracks that were already there isn’t really going to float .

Two Supreme Court cases DRC and Oz have resulted in nothing for MMCS . ICC case sounded like a shambles in which they also presented docs which clearly contained AVZ data probably wasn’t a great look either . They changed their valuations from 9 to 5m before as they couldn’t back it up . Providing bogus data in the latest case …. Surely that’s the end of the road for MMCS… only thing they’ll be doing is paying a hefty legal bill I reckon

A post I very much enjoyed reading

Good clear content with some detail and very postive for AVZ from a legal and operative perspective

Thanks for that one....Obe Wan....Obe Won....Obe One

 

[cruiser51]

During interview of MoM and Zhu Jing 2/2/23:

At the same time, the Chinese diplomat took advantage of this interview to bid farewell to the boss of the mines after her 3 years of service as roving ambassador in the DRC.


So Zhu Jing gets recalled for....?
Long Service Leave?
Job for Zijin well completed?
Re-education... (you only bribe without trace)?
Getting a new character in, to sort out Zijin's fukup?
Just for fun?
To blow up new balloons, before the summer?

 

[Longunvest]

 

[BEISHA]

Testing, Testing, Testing.

Because all is going to plan in Kinshasa, might as well have a jolly on my new plane, with my super US$350,000 watch, to tell all the dear people of Africa how to run their countries.

Is Felix impotent to run his country?
Is Lukonde impotent to run his parliament?
Who the fuck is running the DRC?
The Beijin's Balloon men, who say it is all a misunderstanding and don't shoot my fucking spy balloon out of the sky, the sky is at the end of the day Chinese fuckin property?
Xi will be ready for all ya morons in 2027 in Taipei.


I can see the general population of the DRC stand up and kick the entire wasteful self-serving rotten core in the DRC out, Felix included!




#RDC 04.02.2023| #Bujumbura The Head of State, Félix-Antoine Tshisekedi Tshilombo arrived this Saturday in Bujumbura (Burundi) to participate in the Extraordinary Summit of the CAE/EAC relating to the evaluation of the Luanda roadmap.

Lol, the fucking nerve of China to not just have one spy balloon but 2 , then have the audacity to call it a "weather barometre " out of control.........

China is here, there and everywhere, ignoring international laws at will with dodgy excuse, but quick to condemn and act when its on the other foot.........aka Pelosi visiting Taiwan, with china then countering with a war drill, China lasering a Australian RAF plane when it was doing surveillance........ as just a couple of examples.

Biden showed he was the " LION " when he gave the order to shoot the balloon down, when will Felix show his " LION" by way of action to counter China / DRC corruption ?


Right now, all i see is Felix the cat........

imo

 

[BEISHA]

Well before I reply to Carlos, I want to say, thanks @Frank, always nice to hear from you mate!

@BEISHA, I don't know if I take things the wrong way or not?! As far as my comments to Carlos, I know he has provided a great deal of information, so much so, that I know there are some here who think he is Ben Cohen.... As far as no one here has got the facts, there are lots of facts out there, I would say as many facts as there are assumptions and speculation and if you stick to the facts, then you don't need to be adding to the speculation.

In regards to harsh, BEISH I recall you having harsh words regarding Netoo Sethi not to long ago, and not that long before that harsh words were said by others about @Schemozzle (who can confirm at the time I privately messaged him and told him I appreciated his input). I did have a sense of humour here BEISH, it's gone now.... like me for the next week after this post

@Carlos Danger you seem to have taken offense to my post, that's ok, people here have offended me too. My issue still remains that of those making unverified, unsubstantiated statements (guesses in other words) based on only having half the information. It's bad enough reading the bullshit in the DRC, and our exec's and BOD being guilty of it for months without others turning this into what could sometimes be described as reading information from a barrel of half witted monkeys.

The only person here I have on ignore is cruiser and he actually is well researched and accurate in his assessments of our circumstances.

Now the issue I have with you Carlos, is that your comments today are based on what you have read TODAY from ACAJ and I don't even think you know what they have come out with before.... but because you have to reply to everyone, and me being one of them today, I'm going to share some information that came from ACAJ last year, that I didn't fucken want to share on here, but if it makes you research a little bit more before commenting I going to put it below.... and no doubt you and others aren't going to like it, but if you want to engage with me I'll tell you what I know.

Knowing you, you will reply again, but I won't, like I said, I am having the next week off.... Here is what ACAJ said last year:


DRC: ACAJ wants severe sanctions against COMINIERE's agents involved in the contract with MMCS

Georges Kapiamba, national president of ACAJ, during a press briefing, Saturday, March 05 in Kinshasa

The Congolese Association for Access to Justice (ACAJ) calls on the Congolese government to impose severe sanctions against the agents of the Congolese Mining Company (COMINIERE) involved in the joint venture contract with the MMCS company. Through its president, Me Georges Kapiamba, the ACAJ asks the government to carry out a credible investigation into the behavior of COMINIERE's representatives.

In addition, ACAJ recommends that the Congolese government initiate negotiations with MMCS to avoid a possible conviction of the COMINIERE company by the Paris Arbitral Tribunal.

"The dispute arises from the violation by COMINIERE of its obligations under the joint venture contract, concluded on September 16, 2013 between MMCS and COMINIERE, for the exploitation of the mineral deposits of Manono and Kitotolo in the province of Tanganyika in accordance with the Permit d'Exploitation 12202 (PE 12202).PE 12202 was allocated to COMINIERE on July 2, 2011 before being sold on July 26, 2011 to the company Manono Minerais SARL (MANOMIN).The latter is a company established under the laws of the DRC and was initially a wholly-owned subsidiary of COMINIERE. Upon signing the contract, MMCS acquired 68% of the shares of MANOMIN, the remaining 32% remaining held by COMINIERE.", can we read in the document published this Saturday 05 March.

The NGO ACAJ indicates that the two companies MMCS and COMINIERE had undertaken to jointly operate PE 12202 through MANOMIN, their joint company. “MMCS has fulfilled its obligations under the contract, in particular by paying 5 million USD for research and exploitation work and to develop the infrastructures necessary for the development of the project”, notes the ACAJ document.

And to add: "According to the terms of the contract, COMINIERE had the obligation to do everything possible to ensure that PE 12202 was not revoked, not to grant rights to third parties in the area covered by the PE 12202 and to assist MMCS and MANOMIN in the operation of PE 12202.”

However, COMINIERE never fulfilled its obligations. Several documents to which the ACAJ had access show that COMINIERE acted unfairly towards MMCS by establishing, from the beginning of 2016, links with third-party companies interested in the project in order to discuss potential agreements concerning the exploitation of PE 12202 or deposits located on the territory covered by PE 12202. These discussions with third parties were held before the revocation of PE 12202 in disregard of COMINIERE's obligations of loyalty under the terms of the contract.

ACAJ recalls that since February 2017, the new permit has been majority-owned by an Australian company, AVZ Minerals Limited ("AVZ"), whose links with COMINIERE date back to the beginning of 2016, before the revocation of the PE 12202 and while MANOMIN (and MMCS) were still holders of PE 12202. AVZ has since then undertaken the exploitation of the new permit using all the infrastructure and preliminary work carried out and financed by MMCS, while there are still serious doubt as to his preliminary payment of key money.

"MMCS sued COMINIERE before the Paris arbitral tribunal and provisionally claims from it the sum of 180 million US dollars for the damages suffered following the revocation of PE 12202, due to being deprived of the opportunity to develop the project. and to reap the benefits of the substantial investments it has made over four years. It adds that this estimate is also provisional and could be revised upwards in particular with regard to the announcements made regularly by AVZ concerning the wealth of the Project and the prospects. gains expected in the near future. While AVZ has only conducted very limited work, it recently announced that the total value of the Coltan, Tin, Lithium and Wolframite deposits of the said project could exceed US$700 million .”, concluded the ACAJ.

I'm posting this information for you Carlos, I'm not drawing any conclusions, making any suggestions or offering my opinion on it. The only thing left I have to say is I wont be posting again for the next week

Your intel is much appreciated as always Money, but its hard to take that article seriously when i read this diatribe..

" MMCS has fulfilled its obligations under the contract, in particular by paying $5m for research / exploitation work and to develop infrastructure "

Wow, $5m.............that would barely cover the cost of portable loos........

" It adds that this estimate is just provisional ( 180m ) and could be revised upwards in particular with the regular announcements AVZ made regards to the wealth of the project "

So a $5m contribution , MMCS wants $180m return.............., thats inflation on steroids !!

" While AVZ has done limited work "...........

The emojis says it all.

Sounds like MMCS has sour grapes and ACAJ is on the take.


Just my opinion.


imo

 

[ptlas]

Lol, the fucking nerve of China to not just have one spy balloon but 2 , then have the audacity to call it a "weather barometre " out of control.........

China is here, there and everywhere, ignoring international laws at will with dodgy excuse, but quick to condemn and act when its on the other foot.........aka Pelosi visiting Taiwan, with china then countering with a war drill, China lasering a Australian RAF plane when it was doing surveillance........ as just a couple of examples.

Biden showed he was the " LION " when he gave the order to shoot the balloon down, when will Felix show his " LION" by way of action to counter China / DRC corruption ?


Right now, all i see is Felix the cat........


View attachment 28701


imo

Like the tide is turning against corruption in DRC, the tide is turning internationally against China (which is also in the thick of DRC corruption).

Filipino naval bases, Quad, AUKUS and other international alliances.
The balloons are just one more thing that proves the Chinese can't be trusted, but I think they're too arrogant to realise.

Even hearing stories of Gold Coast business owners refusing to buy Chinese equipment and supplies because the quality is extremely poor. Been going on a couple of years.

Falling population, the working class wanting better conditions and citizens recently defying the CCP over Covid-19 and winning by ending restrictions.

IP at risk in China and countries with cheaper labour will result in less manufacturing there.

Companies talking of moving HQ away from HK and mainland China to Singapore-some already dual listing.

After Putin starting the Ukraine shit, the West has realised that we need to stand up and be counted.

Zingy Pingy is gonna find things a little more difficult as a lifetime dictator.

 

[MoneyBags1348]

@Carlos Danger @hedrox @obe wan @BEISHA

I appreciate the comments you guys have put regarding the ACAJ but I think you are missing one of the reasons I posted that reference.

It's not specifically about the 'article'.... it wasn't just an article, it was a statement made by the National President of ACAJ.

The post draws into question that Georges Kapiamba (the National President of ACAJ) may be another official in the DRC that we cannot trust given his previous statements.... hence presuming the outcome of what was posted this morning meaning it's good news, or that we will be granted the PE for all of 13359 is not a given.

I hope it is, but I'm not going to assume it is until I see proof, and until then Georges Kapiamba is just another person on my (and perhaps other shareholder's) watch list

I like the way that when BEISH and others refer to my comments being somewhat confronting to others, and there should be peace in the camp they get a lot of 'likes'.... that's a good thing. One thing I am aware of is when trolls see shareholders arguing on the forum they will start to post their bullshit and spread negativity with a weak and misguided attempt at dividing and conquering. It just shows they are getting desperate and losing the fight when they do it.

I was over blaming Nigel and the BOD for this mess a while ago. They might have been incompetent, and been out maneuvered, especially given their so called experience in Africa, but the real enemies aren't Nigel and the BOD, our real enemies are in Africa and China, the short sellers, and those others already named.

I have been posting about the conspirators and corruption in Africa, I'm not in the group here who are still blaming our exec's, but I like when people try and tell me I've done the wrong thing, because it gives me more reason to get off here

To all the shareholders on this forum, my main interest has always been towards the success of this company, so I won't be changing my posting style anytime fucken soon, now do yourselves all a favour and leave me alone for the next fucken week

 

[obe wan]

@Carlos Danger @hedrox @obe wan @BEISHA

I appreciate the comments you guys have put regarding the ACAJ but I think you are missing one of the reasons I posted that reference.

It's not specifically about the 'article'.... it wasn't just an article, it was a statement made by the National President of ACAJ.

The post draws into question that Georges Kapiamba (the National President of ACAJ) may be another official in the DRC that we cannot trust given his previous statements.... hence presuming the outcome of what was posted this morning meaning it's good news, or that we will be granted the PE for all of 13359 is not a given.

I hope it is, but I'm not going to assume it is until I see proof, and until then Georges Kapiamba is just another person on my (and perhaps other shareholder's) watch list

I like the way that when BEISH and others refer to my comments being somewhat confronting to others, and there should be peace in the camp they get a lot of 'likes'.... that's a good thing. One thing I am aware of is when trolls see shareholders arguing on the forum they will start to post their bullshit and spread negativity with a weak and misguided attempt at dividing and conquering. It just shows they are getting desperate and losing the fight when they do it.

I was over blaming Nigel and the BOD for this mess a while ago. They might have been incompetent, and been out maneuvered, especially given their so called experience in Africa, but the real enemies aren't Nigel and the BOD, our real enemies are in Africa and China, the short sellers, and those others already named.

I have been posting about the conspirators and corruption in Africa, I'm not in the group here who are still blaming our exec's, but I like when people try and tell me I've done the wrong thing, because it gives me more reason to get off here

To all the shareholders on this forum, my main interest has always been towards the success of this company, so I won't be changing my posting style anytime fucken soon, now do yourselves all a favour and leave me alone for the next fucken week

Yes I agree with what you’re saying @MoneyBags1348 , I take any ACAJ tweet with a pinch of salt ; they’ve tweeted some tripe in the past which certainly hadn't been favouring of AVZ ; so when I read their latest one and had to read it multiple times to try and interpret what they were actually trying to say, I was half way to disregarding it one again, but this one seems to be pointy end stuff; which after 8-9 months will always get a bit more attention at this stage of the game. ACAJ always seem to issue a half baked story ; again the latest one has had some of it trying to work it out is it referring to possession, licence, other

 

[Frank]

Lol, the fucking nerve of China to not just have one spy balloon but 2 , then have the audacity to call it a "weather barometre " out of control.........

China is here, there and everywhere, ignoring international laws at will with dodgy excuse, but quick to condemn and act when its on the other foot.........aka Pelosi visiting Taiwan, with china then countering with a war drill, China lasering a Australian RAF plane when it was doing surveillance........ as just a couple of examples.

Biden showed he was the " LION " when he gave the order to shoot the balloon down, when will Felix show his " LION" by way of action to counter China / DRC corruption ?


Right now, all i see is Felix the cat........


View attachment 28701


imo

China is here, there and everywhere,

 

[Winenut]

There is only one thing that pisses me off more than fucking China, and corruption, and the DRC malaise, and CAMI, and Mupande, and the current shitfight, and suspension, and the green grub, and Zijin, all the bad actors, some serious fuck ups from management, Klaus and every other fucking thing we have to get through to get trading north of $2 again and that's.......

fucking iTunes.......

 

[Carlos Danger]

Yes I agree with what you’re saying @MoneyBags1348 , I take any ACAJ tweet with a pinch of salt ; they’ve tweeted some tripe in the past which certainly hadn't been favouring of AVZ ; so when I read their latest one and had to read it multiple times to try and interpret what they were actually trying to say, I was half way to disregarding it one again, but this one seems to be pointy end stuff; which after 8-9 months will always get a bit more attention at this stage of the game. ACAJ always seem to issue a half baked story ; again the latest one has had some of it trying to work it out is it referring to possession, licence, other

ACAJ have also put out some absolute bangers in the past imo