AVZ Discussion 2022
- Thread starter GazDix
- Start date
I don't think we will ever see BHP around us. I think FMG is vastly more likely, but only if we get a mining license and everything is clean. They are still pitching for their hydrogen project in the DRC so at least they have the stomach for it.
TheCount
Regular
I think we’ve all seen enough to understand there are NO RULES they can adhere to, not give a fuck about. The fucking Wild West ain’t got nothing on these crooks.
And still the guy supposedly running the Country turns his back on the issue and orders another in-flight meal…. Fucking useless kunt.
TC.
TDITD
Top 20
I was looking at a chinese crested dog, it was staring back at me. Suddenly it put its paw forward and dragged it along the ground in a motion. I was a bit perplexed at seeing this so started walking closer. The Chinese crested dog had just finished as I stopped by its paws. It had written...
$10
No more silly talk about how little they will offer please, pretty please, for the love of all things priced $10. As we KNOW the BOD will not sell this for double what it is now, they have communicated this on many occasions. Its baffling why we continue to talk the price down when in-fact we own the asset, we can sell for what we want, not what we are given. $10
Agree on the rest though, ICC isn't what Zijin want, they will get floored, embarrassed, rag-dolled, the closer we get the more desperate they are.
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Winenut
Go AVZ!
You'd think Felix would be aware of the world's largest known hard rock lithium deposit in his own backyard that has world interest, Chinese all over it, various parties clamouring for control, international court cases and arbitrations in place, investigations and reports by the department he specifically pumped up in the IGF to weed out corruption as he happens to be spruiking the world stage for investment in mining in the DRC
Yeah he's fucking aware of Manono and AVZ and what's going on
Problem is.... he's done FUCK ALL about it.....
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Carlos Danger
Top 20
The MoM didn't reference anything in the mining code as the reason for cancelling the old decrees. She specifically cites the need for harmony and healthy cooperation within Dathcom which is described in the Dathcom Stakeholder Engagement Framework.
I've been unable to find anything in the mining code relating to whether cancelling a decree using a section of a JV agreement as a reason is allowed or not but Section 1.1 of the Dathcom SEF or something similar in the Dathcom JV agreement (which I don't have a copy of) is what she is talking about in the new decrees imo
IMO
There is no point looking at compliance with mining codes or law if the past 12 months is to go by.
DRC will do what DRC wants.
Carlos Danger
Top 20
Another thing. We are basing the idea that the partition was illegal on Nigel's comments at the AGM that splitting the tenement because of drill lines isn't in the mining code. Which is true.
However, partitioning a tenement is legal as long as the applicant signs a waiver. Which Dathcom did although allegedly under false pretenses. We really need to see declaration no 8196 and any other accompanying paperwork to find out exactly what was legally agreed to.
Because unless there is an iron clad guarantee that Dathcom retain ownership of the north then the DRC government can still enforce the waiver signed by Dathcom. They may not do that but ultimately they could as it stands if the waiver isn't specific imo
Carlos Danger
Top 20
They can disagree all they like.
They've shown that they're not willing to take the fight with DRC. Will they if(big if) we lose the resource? Possibly?
But DRC would just fight/pay out from their coffers and the world keeps moving.
Carlos Danger
Top 20
Definitely. Let's hope it's an amount that will at least leave late comers with a profit
Carlos Danger
Top 20
Qq
That's the only thing in all these negative articles that is constant that Manono is the biggest hard rock lithium resource in the world. Not bad advertising if you are wanting to sell.
And Fatty has a fast approaching election.
Tick tock.
I think it's now coming down to a game of brinkmanship.
Our opponents, and I include the DRC in that, have court cases and elections approaching.
Assuming that all is as it appears with AVZ finances then I would not expect BoD to blink first. They've played a pretty tight game upto now, so I don't see it changing.
BTW We have now gone from $10-12 TO to hoping that the offer is x. Where x means we get something.
Come on, we've been on a hell of a journey together and now it will end with criminals deciding the price.
NO FUCKING WAY.
An asset is not worth what a potential purchaser offers, it is worth what both parties agree is fair value.
If they don't agree, then it is not sold and it's value is hypothetical.
$10 unless Wino has increased the price.
Our opponents, and I include the DRC in that, have court cases and elections approaching.
Assuming that all is as it appears with AVZ finances then I would not expect BoD to blink first. They've played a pretty tight game upto now, so I don't see it changing.
BTW We have now gone from $10-12 TO to hoping that the offer is x. Where x means we get something.
Come on, we've been on a hell of a journey together and now it will end with criminals deciding the price.
NO FUCKING WAY.
An asset is not worth what a potential purchaser offers, it is worth what both parties agree is fair value.
If they don't agree, then it is not sold and it's value is hypothetical.
$10 unless Wino has increased the price.
Samus
Top 20
Maybe he's afraid to remove a Top 20.
You're a hostage to your own 'success' mate.
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