AVZ Discussion 2022

[Ozthescot]

I have no fucking clue what is going on after today's announcement. However, I am pretty sure that the Chinese is not the main beneficiary of the cancellation. If they are, all the courting by the DRC with the US and international investors, plus the signed MoU with the US is a waste of time. Too much work had been invested by the DRC to reduce their dependency on the Chinese to allow this to be annihilated by this cancellation to favour the Chinese.

Perhaps they have finally realised time is moving on and if they dont get things moving one way or another they are going to miss the Lithium boat!

 

[Carlos Danger]

So the IGF at Felix's instructions find Cominiere guilty . A few have even been arrested . Zijin admitted their 15% is illegal and still these f--ks come at us with whatever BS they can come up with . DRC gov turn a complete blind eye .

 

[Ozthescot]

View attachment 28836

Looks like she has spoken! But under whos watchful eye!?

 

[Carlos Danger]

It's bizarre that the media only have these torn versions of the new decrees. Where the fuck is the entire document. Something is being hidden imo

 

[Spikerama]

It's bizarre that the media only have these torn versions of the new decrees. Where the fuck is the entire document. Something is being hidden imo
View attachment 28839
View attachment 28840
View attachment 28841
View attachment 28842

They are not really torn. It's just a kind of Photoshop action to add flair to the image but I must admit they do look a bit fake. It's definitely not a scanned image.

 

[Carlos Danger]

They are not really torn. It's just a kind of Photoshop action to add flair to the image but I must admit they do look a bit fake. It's definitely not a scanned image.

Yes I'm aware

My point is that it's unusual they would only show parts of the document instead of the whole thing. Seems like a weird length to go to unless trying to hide something. Much easier to just upload the full image than fuck around with cool effects in photoshop imo

 

[CashKing]

So is it off to court against Comminere as well is this sh1t sticks ?

At this rate we will be going to court more than CockSwami & Dickstickshift…..

Surprised we haven’t met up with TBAG TOMMY & He’s Boat People in court TBH…

GLTAH

 

[CashKing]

It definitely screams BS, why are we not playing nicely with Cominiere? Could it be that they have tried to screw us at every opportunity including selling shares we have the preemptive rights to which is only one of the bigger hurdles they've created.

Now Cominiere go and say sorry to AVZ or you can go to your room....

When’s Huayou going to make a decent enough offer ???

 

[TDITD]

The cancellation of the Mining Forum worries me a lot.

I don’t mind it, in fact I’m pleased Nigel is over in Cape Town with nothing to do, except chase down two dickheads, who are struggling with their morality.
Namely Felix and Antoinette.

 

[smileatme]

I wrote the below in HC, copied here just for calming any troubled minds.
As AVZ has only 60% as per the latest MoP notification, how can Nigel put up the usual '75% legal title' thingy, so good that he is not presenting.
+++++++++++++++++++++
Thanks, Amovatio. https://hotcrapper.com.au/styles/default/xenforo/clear.png
The basis of a just solution for this mess is Datcom JV agreement and DRC mining code.

The notification by MoP regarding ownership issue gives me confidence that DRC wants to sort this out according to Datcom JV agreement. The JV agreement specifies that no transfer of shareholding prior to ML. The MoP clearly states in the notification that AVZ has 60% (not 75%), Commiere will have 25% (cancelling any ownership transfer by them and MoP as it was against JV agreement) and Dathomir will have 15%. The transfer of 60% to AVZ by Dathomir is against JV agreement, but the govt provided a waiver because AVZ carried out genuine work. But they didn't allow the waiver for the further transfer of 15%, which makes sense. If DRC wants to kick AVZ out, they could have cited the violation of JV agreement as the main reason. The inference is that DRC wants a just solution to a very complicated issue and everything should be done as per JV agreement and the mining code.

The two decrees by MoM (and announced by AVZ) point to a solution based on mining code. My take on this announcement:

• The MoM decree announced by AVZ today and the ownership notification by MoP are the results of 9months negotiations between all the parties.
• The splitting of the 13359 is against the mining code, but DRC wants to follow their mining code and sort things out legally.
• The MoM decree issued in April 2022 by splitting the tenement was against the mining code, so they rescinded it.
• I expect a new decree soon from MoM issuing ML to all of 13359, in accordance with mining code.
• I think the AVZ response of consulting independent legal advisers is to make sure that the content in the decree is in line with the agreement with all the stake holders and BOD's understanding.
• MoM rescinded the wrong decree for ML to issue a new and a correct one.

The decree also mentions about disagreements between JV partners which DRC thinks is the main reason for the delay. I believe there may be a broad agreement that this should not happen in the future and only JV partners with good relationship remains in the JV. Some actors may not like this, so there are social media rumours. If AVZ remains in the JV, then shareholdings from others will be bought out. We were expecting announcement dominoes to come, which I think will be:

• Issue of new decree from MoM very soon and subsequent ML registration
• AVZ to buy out Comminere's 15% (part cash and part scrip)
• AVZ to transfer 9% to CATH
• CATH could buy Dathomir share 15%), if not then AVZ could buy
• The final ownership structure (DRC - 10%, CATH - 9% or 24%, AVZ - 66% or 81%)
• DFS for 10M tonne

I believe, we will have no more extensions.

If things turn out the way as mentioned above and AVZ comes out of suspension this month, AVZ will regain ASX300 and ASX200 memberships in April. In that case, there will be not much selling pressure from the institutions. There will be some retail selling. I am a very frustrated investor and really in need of some money, but I am not going to sell in the first week, as all the negatives are gone.

I could be wrong just like anyone else in this forum. Expect the unexpected with AVZ. :-
I and all the AVZ shareholders suffered enough. It is not a crime to dream.

 

[Spikerama]

Yes I'm aware

My point is that it's unusual they would only show parts of the document instead of the whole thing. Seems like a weird length to go to unless trying to hide something. Much easier to just upload the full image than fuck around with cool effects in photoshop imo

Haha ok fair enough. Sorry.

What I meant also though was that I don't even think it's part of an original document. Seems mocked up. There's no paper texture in the scan because it's not a scan.

 

[Samus]

I wrote the below in HC, copied here just for calming any troubled minds.
As AVZ has only 60% as per the latest MoP notification, how can Nigel put up the usual '75% legal title' thingy, so good that he is not presenting.
+++++++++++++++++++++
Thanks, Amovatio.

The basis of a just solution for this mess is Datcom JV agreement and DRC mining code.

The notification by MoP regarding ownership issue gives me confidence that DRC wants to sort this out according to Datcom JV agreement. The JV agreement specifies that no transfer of shareholding prior to ML. The MoP clearly states in the notification that AVZ has 60% (not 75%), Commiere will have 25% (cancelling any ownership transfer by them and MoP as it was against JV agreement) and Dathomir will have 15%. The transfer of 60% to AVZ by Dathomir is against JV agreement, but the govt provided a waiver because AVZ carried out genuine work. But they didn't allow the waiver for the further transfer of 15%, which makes sense. If DRC wants to kick AVZ out, they could have cited the violation of JV agreement as the main reason. The inference is that DRC wants a just solution to a very complicated issue and everything should be done as per JV agreement and the mining code.

The two decrees by MoM (and announced by AVZ) point to a solution based on mining code. My take on this announcement:

• The MoM decree announced by AVZ today and the ownership notification by MoP are the results of 9months negotiations between all the parties.
• The splitting of the 13359 is against the mining code, but DRC wants to follow their mining code and sort things out legally.
• The MoM decree issued in April 2022 by splitting the tenement was against the mining code, so they rescinded it.
• I expect a new decree soon from MoM issuing ML to all of 13359, in accordance with mining code.
• I think the AVZ response of consulting independent legal advisers is to make sure that the content in the decree is in line with the agreement with all the stake holders and BOD's understanding.
• MoM rescinded the wrong decree for ML to issue a new and a correct one.

The decree also mentions about disagreements between JV partners which DRC thinks is the main reason for the delay. I believe there may be a broad agreement that this should not happen in the future and only JV partners with good relationship remains in the JV. Some actors may not like this, so there are social media rumours. If AVZ remains in the JV, then shareholdings from others will be bought out. We were expecting announcement dominoes to come, which I think will be:

• Issue of new decree from MoM very soon and subsequent ML registration
• AVZ to buy out Comminere's 15% (part cash and part scrip)
• AVZ to transfer 9% to CATH
• CATH could buy Dathomir share 15%), if not then AVZ could buy
• The final ownership structure (DRC - 10%, CATH - 9% or 24%, AVZ - 66% or 81%)
• DFS for 10M tonne

I believe, we will have no more extensions.

If things turn out the way as mentioned above and AVZ comes out of suspension this month, AVZ will regain ASX300 and ASX200 memberships in April. In that case, there will be not much selling pressure from the institutions. There will be some retail selling. I am a very frustrated investor and really in need of some money, but I am not going to sell in the first week, as all the negatives are gone.

I could be wrong just like anyone else in this forum. Expect the unexpected with AVZ. :-
I and all the AVZ shareholders suffered enough. It is not a crime to dream.

JFMK seems to be responsible for the exploitation permit being revoked.
How does that factor in?

 

[Winenut]

Fucking DRC authorities saying it's Dathcom shareholders arguing amongst themselves that's holding up the Manono development

How about A BIG FUCKING NO.... NO...... NO....... FUCKING NO...... ENOUGH BULLSHIT........................ FUCK YOU!!!!!

The item holding up the development of Manono and by corollary the development and livelihoods of the citizens of the DRC is the FUCKING CORRUPT BULLSHIT that continues to happen AND the IMPOTENT FUCKING CUNTS THAT WON"T DO ANYTHING ABOUT IT


It's YOUR FUCKING BACKYARD....it's YOUR FUCKING CORRUPTION.....It's YOUR PISSWEAK APPLICATION of the mining code that has ROYALLY FUCKED THIS UP

Under the DRC Mining code the ML should have been issued to Dathcom after the Ministerial Decree

In it's entirety

FUCKING MUPANDE SHOUDN"T EVEN BE INVOLVED IN THIS FUCKING THING!!!!

No carving up the tenement.....no changing the rules.....no HANGING IN THE FUCKING JOB MUPANDE YOU CORRUPT CUNT AFTER BEING ARSED OUT OF IT FUCKING YEARS AGO

Fuck me...now let's get started again

Over to you Nige and the fucking useless legal team we've been paying through our fucking arse for who clearly don't have a FUCKING CLUE

Seen better operators through the local fucking council road workers holding up fucking lollipop sticks directing traffic saying "slow"..."stop"...."go back...ooops wrong way....fucktard"

And your fucking salaries we've been paying for all this time and you don't even have the fucking ear of FT or the Government!!!!!!!!

Even though you kept fucking saying ....all the fucking time.....you do

Or for that matter having the ear of FUCKING ANYONE in the DRC cause you just haven't fucking got over there and in their faces have you???

Have you???????

Fucking have you????????

If I was lookin' to have a chat with Felix or get involved in the DRC I would have seriously been there fucking constantly and probably had a decent crack at learning some basic French

Wow there's just a simple relationship/progressive thought..........not even a "wildly amazing business thought" ooooohhhhh!!!

I did it for a fucking 2 week holiday in France.........

You wouldn't have even bothered to learn a fucking word of French I'm guessing beyond poulet and fucking chateauneuf du pape to further AVZ connections and interests

What a fucking joke

 

[9cardomaha]

It's bizarre that the media only have these torn versions of the new decrees. Where the fuck is the entire document. Something is being hidden imo View attachment 28839 View attachment 28840 View attachment 28841 View attachment 28842

 

[Samus]

View attachment 28845 View attachment 28846

 

[CHB]

JFMK seems to be responsible for the exploitation permit being revoked.
How does that factor in?
View attachment 28844

They also conveniently forgot how we found out about these decrees in the first place.

From memory it was a DRC media outlet which had been anti-AVZ? Not sure they'd be celebrating it if it was good for AVZ..

 

[Carlos Danger]

It's bizarre that the media only have these torn versions of the new decrees. Where the fuck is the entire document. Something is being hidden imo
View attachment 28839
View attachment 28840
View attachment 28841
View attachment 28842

View attachment 28845 View attachment 28846

View attachment 28847 View attachment 28848

Bingo

 

[CashKing]

Fucking DRC authorities saying it's Dathcom shareholders arguing amongst themselves that's holding up the Manono development

How about A BIG FUCKING NO.... NO...... NO....... FUCKING NO...... ENOUGH BULLSHIT........................ FUCK YOU!!!!!

The item holding up the development of Manono and by corollary the development and livelihoods of the citizens of the DRC is the FUCKING CORRUPT BULLSHIT that continues to happen AND the IMPOTENT FUCKING CUNTS THAT WON"T DO ANYTHING ABOUT IT


It's YOUR FUCKING BACKYARD....it's YOUR FUCKING CORRUPTION.....It's YOUR PISSWEAK APPLICATION of the mining code that has ROYALLY FUCKED THIS UP

Under the DRC Mining code the ML should have been issued to Dathcom after the Ministerial Decree

In it's entirety

FUCKING MUPANDE SHOUDN"T EVEN BE INVOLVED IN THIS FUCKING THING!!!!

No carving up the tenement.....no changing the rules.....no HANGING IN THE FUCKING JOB MUPANDE YOU CORRUPT CUNT AFTER BEING ARSED OUT OF IT FUCKING YEARS AGO

Fuck me...now let's get started again

Over to you Nige and the fucking useless legal team we've been paying through our fucking arse for who clearly don't have a FUCKING CLUE

Seen better operators through the local fucking council road workers holding up fucking lollipop sticks directing traffic saying "slow"..."stop"...."go back...ooops wrong way....fucktard"

And your fucking salaries we've been paying for all this time and you don't even have the fucking ear of FT or the Government!!!!!!!!

Even though you kept fucking saying ....all the fucking time.....you do

Or for that matter having the ear of FUCKING ANYONE in the DRC cause you just haven't fucking got over there and in their faces have you???

Have you???????

Fucking have you????????

If I was lookin' to have a chat with Felix or get involved in the DRC I would have seriously been there fucking constantly and probably had a decent crack at learning some basic French

Wow there's just a simple relationship/progressive thought..........not even a "wildly amazing business thought" ooooohhhhh!!!

I did it for a fucking 2 week holiday in France.........

You wouldn't have even bothered to learn a fucking word of French I'm guessing beyond poulet and fucking chateauneuf du pape to further AVZ connections and interests

What a fucking joke

Fuck yeah, on the red mate ?

Grange getting opened yet

GFLTAH

 

[Roon]

Gee that doesn't read well.

 

[Xerof]

Farken

Nigel omitted to mention the first reason for revocation, only mentioning the second and third

Ominous

Arsehole