Lets wait and see how this pans out before roasting anyone .Did I ever mention AFR or CH9. No! This was to 1 shed the light on AVZ, because BOD tell us nothing.
2 expose the DRC as still corrupt and let the world know not to deal with them.
Lets wait and see how this pans out before roasting anyone .Did I ever mention AFR or CH9. No! This was to 1 shed the light on AVZ, because BOD tell us nothing.
2 expose the DRC as still corrupt and let the world know not to deal with them.
It's too politically risky for Felix to have Zijin involved in Manono right now considering the IGF report and heat from the gringos. More likely they will be given a pathway to buy into the project at a later date. Easiest way to do that is through buying out AJN to acquire the north that Dathcom waived after the DFS is complete imoI think once Zijin find out how much they can steal they will make AVZ an offer for the rest . The more they can steal the less they need to pay . At this point I think they could get their hands on at least 30% . Do they want AVZ with majority stake and in control ? I doubt it .
At least they have now replaced the photo of the protest from their most recent article.
The reply would probably be something like 'They don't need my advice'.![]()
Maybe we should email them saying ;
Zijin would like to know who they need to bribe next
I’m sure that would grease the wheels
TITS (@TDITD)…. First French, now Turkish! Your language skills are extraordinary
View attachment 29337
Perhaps when this over you may consider being a tour guide for shareholders looking at travelling…. Love your work!!
Can’t see the north going to AJN , just my opinion ; MoM pulled the decree , basically used Cominieres letter issued Dec 22 where they claimed that AVZ agreed to renounce the north without agreeing this with Cominierie.It's too politically risky for Felix to have Zijin involved in Manono right now considering the IGF report and heat from the gringos. More likely they will be given a pathway to buy into the project at a later date. Easiest way to do that is through buying out AJN to acquire the north that Dathcom waived after the DFS is complete imo
View attachment 29336
Generally agree and gave you a TU.Can’t see the north going to AJN , just my opinion ; MoM pulled the decree , basically used Cominieres letter issued Dec 22 where they claimed that AVZ agreed to renounce the north without agreeing this with Cominierie.
MoM canceled the spilt and it now falls back under Dathcom ; if MoM felt that Cominieres beef was AVZ letting north go ; then why would she give it away to AJN?
Canceling the decree and pulling it back in line with the mining code is good and will be recorded that way I.e in line with code . Dicing it and flicking it to AJN .. well that’s just putting it back into the ‘against mining code’ heap again …. I’d be very surprised it that Congo resources / AJN JV isn’t being put under the microscope , AJN isn’t exactly by any means reputable in the DRC and has really potential of being the source of many an irregular deal within the DRC mining industry , Klaus doesn’t give two hoots about locals , shareholders or any one, who’s name isn’t Eckhof
Plus who owns almost 10 million shares in this company …but its not a conflict of interest but there again …”it non of our business” …A win/win …Can’t see the north going to AJN , just my opinion ; MoM pulled the decree , basically used Cominieres letter issued Dec 22 where they claimed that AVZ agreed to renounce the north without agreeing this with Cominierie.
MoM canceled the spilt and it now falls back under Dathcom ; if MoM felt that Cominieres beef was AVZ letting north go ; then why would she give it away to AJN?
Canceling the decree and pulling it back in line with the mining code is good and will be recorded that way I.e in line with code . Dicing it and flicking it to AJN .. well that’s just putting it back into the ‘against mining code’ heap again …. I’d be very surprised it that Congo resources / AJN JV isn’t being put under the microscope , AJN isn’t exactly by any means reputable in the DRC and has really potential of being the source of many an irregular deal within the DRC mining industry , Klaus doesn’t give two hoots about locals , shareholders or any one, who’s name isn’t Eckhof
Win/ winPlus who owns almost 10 million shares in this company …but its not a conflict of interest but there again …”it non of our business” …A win/win …
Yeah but this time it will be done with Dathcom's explicit approval that they waive the north as a PR or we don't get the PE for the south. Also keeps Zijin happy to drop their claim on the 15% of Dathcom if given the guarantee by Klaus of a buyout price down the line.Can’t see the north going to AJN , just my opinion ; MoM pulled the decree , basically used Cominieres letter issued Dec 22 where they claimed that AVZ agreed to renounce the north without agreeing this with Cominierie.
MoM canceled the spilt and it now falls back under Dathcom ; if MoM felt that Cominieres beef was AVZ letting north go ; then why would she give it away to AJN?
Canceling the decree and pulling it back in line with the mining code is good and will be recorded that way I.e in line with code . Dicing it and flicking it to AJN .. well that’s just putting it back into the ‘against mining code’ heap again …. I’d be very surprised it that Congo resources / AJN JV isn’t being put under the microscope , AJN isn’t exactly by any means reputable in the DRC and has really potential of being the source of many an irregular deal within the DRC mining industry , Klaus doesn’t give two hoots about locals , shareholders or any one, who’s name isn’t Eckhof
51% of only the South? Are you kidding me.Yeah but this time it will be done with Dathcom's explicit approval that they waive the north as a PR or we don't get the PE for the south. Also keeps Zijin happy to drop their claim on the 15% of Dathcom if given the guarantee by Klaus of a buyout price down the line.
The DRC government will end up owning 60% of AJN. Any buyout by Zijin will still include the DRC government at 60%. It's a better deal for them and they maintain control of half the resource for their battery plants. So the state ends up holding at least 10% of RD and 60% of CDL instead of 10% of the whole tenement.
The MoM didn't cite the mining code which leaves the door open to the tenement still being partitioned in the future. If Dathcom were going to be involved with any potential JV in the north we would have already done so. The DRC government want a bigger slice of the pie and are going to use AVZ management's mistake of agreeing to the split to bully them into accepting it imo
Maybe I'm wrong. But if something like this is on the table I would 100% accept it at this stage. I'm more than happy to give up the north to a state controlled entity if it means moving forward on RD as a PE with AVZ holding at least 51% of Dathcom and avoiding the ICC. With or without Nigel as MD. He can always stay on as a 'consultant' like he is currently listed in short term employees under the management remunerations section of AVZ's annual report.
I think we will get 60% of the south51% of only the South? Are you kidding me.
Nobody can be trusted at any level.Yeah but this time it will be done with Dathcom's explicit approval that they waive the north as a PR or we don't get the PE for the south. Also keeps Zijin happy to drop their claim on the 15% of Dathcom if given the guarantee by Klaus of a buyout price down the line.
The DRC government will end up owning 60% of AJN. Any buyout by Zijin will still include the DRC government at 60%. It's a better deal for them and they maintain control of half the resource for their battery plants. So the state ends up holding at least 10% of RD and 60% of CDL instead of 10% of the whole tenement.
The MoM didn't cite the mining code which leaves the door open to the tenement still being partitioned in the future. If Dathcom were going to be involved with any potential JV in the north we would have already done so. The DRC government want a bigger slice of the pie and are going to use AVZ management's mistake of agreeing to the split to bully them into accepting it imo
Maybe I'm wrong. But if something like this is on the table I would 100% accept it at this stage. I'm more than happy to give up the north to a state controlled entity if it means moving forward on RD as a PE with AVZ holding at least 51% of Dathcom and avoiding the ICC. With or without Nigel as MD. He can always stay on as a 'consultant' like he is currently listed in short term employees under the management remunerations section of AVZ's annual report.
Yeah I 100% agree. I've backed the bod fighting for our rights all the way. But the DRC government has a shit tonne of leverage on us right now and I reckon they have decided to safeguard supply for their battery plants by controlling CDL.Nobody can be trusted at any level.
What appears to be on the table may well turn out to be a magician's card trick.
Z would still be trying to fuck us over and Fatty would probably let them.
AJN would be going to mine and AVZ/RD would be in DRC' s sights.
Just as likely they've backed down on the north because the split goes against their mining code and the Presidents wishes.Yeah I 100% agree. I've backed the bod fighting for our rights all the way. But the DRC government has a shit tonne of leverage on us right now and I reckon they have decided to safeguard supply for their battery plants by controlling CDL.
Maybe the north JV won't be with AJN. Could be with someone else. Possibly the gringos.
View attachment 29348
It does seem as if wires were crossed or MOM has not yet been captured by the Chinese $$.It's too politically risky for Felix to have Zijin involved in Manono right now considering the IGF report and heat from the gringos. More likely they will be given a pathway to buy into the project at a later date. Easiest way to do that is through buying out AJN to acquire the north that Dathcom waived after the DFS is complete imo
View attachment 29336
Mate you have no need to worry about the nige. He always seems to look after himself exceedingly well.Yeah but this time it will be done with Dathcom's explicit approval that they waive the north as a PR or we don't get the PE for the south. Also keeps Zijin happy to drop their claim on the 15% of Dathcom if given the guarantee by Klaus of a buyout price down the line.
The DRC government will end up owning 60% of AJN. Any buyout by Zijin will still include the DRC government at 60%. It's a better deal for them and they maintain control of half the resource for their battery plants. So the state ends up holding at least 10% of RD and 60% of CDL instead of 10% of the whole tenement.
The MoM didn't cite the mining code which leaves the door open to the tenement still being partitioned in the future. If Dathcom were going to be involved with any potential JV in the north we would have already done so. The DRC government want a bigger slice of the pie and are going to use AVZ management's mistake of agreeing to the split to bully them into accepting it imo
Maybe I'm wrong. But if something like this is on the table I would 100% accept it at this stage. I'm more than happy to give up the north to a state controlled entity if it means moving forward on RD as a PE with AVZ holding at least 51% of Dathcom and avoiding the ICC. With or without Nigel as MD. He can always stay on as a 'consultant' like he is currently listed in short term employees under the management remunerations section of AVZ's annual report.