AVZ Discussion 2022
- Thread starter GazDix
- Start date
Felix is given proof and does nothing . Zijin admit wrong doing (15% ) but still taking us to the ICC . There is a pattern here . Maybe they were hoping we would just drop off or give in . They now have a choice to give us what is rightfully ours or something we agree too in negotiations OR be exposed on the World Stage as a nation that continues it's corruption at the highest level and cannot be trusted .
Uglybob
Regular
But he won't, because he's an impotent leader.
There's no schtick in his stick.
Social media great for exposing corrupt dealings, china and corrupt drc officials must hate it.
In the past it was news papers if they weren’t corrupt also now it’s instant exposure to the world, this is what will happen to Felix and his government if he tries to ignore AVZ and the DRC people.
Just wanted to know if you have received a email back?
marksmann007
Regular
What gets overlooked sometimes is AVZ holders aren’t anti Chinese.
Just the thieving corrupt arrogant ones with no legal entitlement to the project attempting to muscle in with snacks like Zigin.
Huayou, Yibin, CATH and other Chinese interests all continue to have a legal holding as the project progresses.
China doesn’t miss out!!
If we had high level DRC government support this would be a walk in the park.
Just the thieving corrupt arrogant ones with no legal entitlement to the project attempting to muscle in with snacks like Zigin.
Huayou, Yibin, CATH and other Chinese interests all continue to have a legal holding as the project progresses.
China doesn’t miss out!!
If we had high level DRC government support this would be a walk in the park.
If you look at this situation from within DRC Gov , they would be pleading Zinjin to make a TO bid that's reasonable. It's the only way , all parties can save face and this goes to mine for DRC in a short time frame. Many would say AVZ BOD would loose face , but would they (?) at an offer above 1.50? It's getting very murky waters and someone or someones have something on Felix or his playing chess with the elections coming up. Either way a TO the cleanest way to put this to bed.
obe wan
Regular
Ties up with the timeline of the zijin letter to cominiere, but obviously they’ve been unable to wrap it up and the 60 days of the original offer has expired...but an extended offer has probably been issued
As per the article @Charbella posted earlier this morning - “according to the mining code, any portion of a permit to which its holder renounces is first paid into the public domain of the State, it means that any interested person to apply to the Minier Cadastre.”
So if 13359 is split, it goes back to CAMI first....Zijin would technically need to apply and they would likely be competiting against other applicants; along side, no doubt, Mupandes mates AJN even with a bank balance of sub $1m
....id also assume some other big players will have been sniffing around trying to suss out the situation to see if there is now an avenue open to submit and application and mine it themselves....and even if AJN did snag it , AJN would probably flog it on for a few hundred million in any case ; so to prevent any of that, zijin have probably thought that they need to keep 13359 as one and they’ll try work out something whereby ( whilst trying to slips under the mining code without making too much noise ) , they get to take a chunk of Manono without having it reissued and becoming open season with best in best dressed for the North...its difficult to see how they can take north without having it split and going back to cami.....but they’ve likely been behind the wavering of the decree ; the excuse issued within the wavering was basically ‘need to knock out the conflict between shareholder’.. The comment from Tommy fluteheads article, where Ms Chen Chen from Zijins Legal council basically says, that AVZ should communicate with the other shareholders, suggests that zijin probably expected AVZ to start to hyperventilate, thinking that all is nearly lost and be pressured into negotiation with leverage being increased on Zijins side with wording ‘urgency’ for a decision to be made...'paralysis of project..'.
I had heard that AVZ had appealed straight away after receipt of the decree wavering, but thought ye nah probably untrue, then the response to MoM which only popped up on Twitter this week had me thinking that they just of only responded this week, until I seen the date on the original letter posted here, which verified that AVZ were on the ball with their appeal ; so even though everyone was losing their minds and thinking how would she react to such a letter...we’ll that letter was opened and read by MoM near two weeks prior .
AVZ response which was legally very to the point, is something id say Zijin were either not expecting or hoping AVZ would just rush to the table to negotiate.
ICC is coming up in April, I don't think Zijin will want to get to those steps ; they know that negotiating with AVZ would be highly unlikely now and with the whole tenement now under 13359 things are maybe more in AVZs favour ; albeit AVZ currently don't have a decree, but which AVZ have now given legal reason, as to why the decrees should not be waivered which probably gave MoM a holy fuck moment
So what happens now, has Zijin realized that cancelling the split and trying to negotiate is not the best avenue to try and capture the north or the 15%.....MoM will be feeling the heat also considering she cancelled without following the code.. does it suit them to run with plan xyz, get MoM to cancel the waiver (it pulls her somewhat out of the fire) and reissue the decrees , as they were and try and do a deal with Mupande with regard to applications and so either they go as a 100% applicant or maybe use cominiere or AJN pick it up and run with it that way, with some sort of JV?
I cant see Zijin being successful in ICC for the 15%, unless they manage to brown bag...i doubt they want to go there(ICC). The only I can see this working in Zijins favour is reissuing of the decrees and trying organise something with cami ; I assume the decrees be reissued and MoM hanging onto the comments in AVZ appeal letter, that AVZ didn't consider the partitioning to be illegal and just reissuing under those same conditions or could AVZ get lucky here and Felix deciding that the decrees have been cancelled and one decree announced to cover Exploitation across the tenement in compliance with the mining code and all the dirt washed off in one wipe....but maybe Felix is happy enough behind closed doors, to let it roll with the split and run some of the big hitters into the north
The greed and lust for Manono ; all just highlights the importance of the resource
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obe wan
Regular
I reckon that was bullshite and just stating 'higher mica', in order to try and get shareholders thinking that the north didn't really matter because it was full of impurities. The data provided from sampling in carrier back a few years ago now, was showing impressive figures and mica wasn't an issue
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Carlos Danger
Top 20
Amazing post mate. Pretty much sums up the situation as I see it. One other thing worth mentioning was in the interview Klaus did a few weeks ago he mentioned Dathcom originally applied for the north through CAMI but then withdrew their application which he was 'surprised about'. Not sure if he was talking shit or not but that would be a weird thing for him to just make up.Ties up with the timeline of the zijin letter to cominiere, but obviously they’ve been unable to wrap it up and the 60 days of the original offer has expired...but an extended offer has probably been issued
As per the article @Charbella posted earlier this morning - “according to the mining code, any portion of a permit to which its holder renounces is first paid into the public domain of the State, it means that any interested person to apply to the Minier Cadastre.”
So if 13359 is split, it goes back to CAMI first....Zijin would technically need to apply and they would likely be competiting against other applicants; along side, no doubt, Mupandes mates AJN even with have less than $1m in their bank account
its difficult to see how they can take north without having it split and going back to cami.....but they’ve likely been behind the waviering of the decree ; the excuse issued within the waivering was basically ‘need to knock out the conflict between shareholder’.. The comment from Tommy fluteheads article where Ms Chen Chen from Zijins Legal council basically says, that AVZ should communicate with the other shareholders, suggests that zijin probably expected AVZ to start to hyperventilate, thinking that all is nearly lost and be pressured into negotiation with leverage being increased on Zijins side with ‘urgency’ for a decision to be made.
I had heard that AVZ had appealed straight away after receipt of the decree waivering, but thought ye nah probably untrue, then the response to MoM which only popped up on Twitter this week had me thinking that they just of only responded this week until I seen the date on the original letter posted here, which verified that AVZ were on the ball with their appeal ; so even though everyone was losing their minds and thinking how would she react to such a letter...we’ll that letter was opened and read by MoM near two weeks prior .
AVZ response which was legally very to the point is something is say Zijin were either not expecting or hoping AVZ would just rush to the table to negotiate.
ICC is coming up in April, I don't think Zijin will want to get to those steps ; they know that negotiating with AVZ would be highly unlikely now and with the whole tenement now under 13359 things , maybe more in AVZs favour ; albeit AVZ currently don't have a decree, but which AVZ have now given reason, as to why the decrees should not be waivered..
So what happens now, has Zijin realised that cancelling the split and trying to negotiate is not the best avenue to try and capture the north or the 15%.....MoM will be feeling the heat also considering she cancelled without following the code..does it suit them to run with plan xyz, get MoM to cancel the waiver and reissue the decrees as was and try and do a deal with Mupande with regard to applications and so either they got 100% applicant or maybe use cominiere or AJN pick it up and run with it that way with some sort of JV?
I cant see Zijin being successful in ICC for the 15%, unless they manage to brown bag...i doubt they want to go there(ICC). The only I can see this working in Zijins favour is reissuing of the decrees and trying organise something with cami ; I assume the decrees be reissued and MoM hanging onto the comments that AVZ didn't consider the partitioning to be illegal and just reading under those same conditions or could AVZ get lucky here and Felix deciding that the decrees have been cancelled and one decree announced cover Exploitation across the tenement in compliance with the mining code and all the dirt washed off in one wipe....nut maybe Felix happen enough to let it roll with the split and run some of the big hitters into the north
The greed and lust for Manono ; all just highlights the importance of the resource
The reasoning in the new decrees indicate to me that Cominiere have accepted the offer from Zijin. And the implications on the state that has caused is why the MoM has done this. So if AVZ played along we would be given the choice of giving up the north or accepting Zijin having 15% of Dathcom as per their offer to Cominiere.
And that's why Nigel has responded with, and I'm paraphrasing here, 'Nah get fucked cunts you're just making shit up the initial decrees still stand according to the mining code'
Sparrowhawk12
Regular
I wish the USA Dpmt of Treasury’s Office of Foreign Assets Control (OFAC) would sanction Cong & Eckhoff (Mupande & Jinghe Chen going too far) ... like they did with Dan Gertler. Would be a strong shot across the bows w/o declaring war.Ties up with the timeline of the zijin letter to cominiere, but obviously they’ve been unable to wrap it up and the 60 days of the original offer has expired...but an extended offer has probably been issued
As per the article @Charbella posted earlier this morning - “according to the mining code, any portion of a permit to which its holder renounces is first paid into the public domain of the State, it means that any interested person to apply to the Minier Cadastre.”
So if 13359 is split, it goes back to CAMI first....Zijin would technically need to apply and they would likely be competiting against other applicants; along side, no doubt, Mupandes mates AJN even with a bank balance of sub $1m
its difficult to see how they can take north without having it split and going back to cami.....but they’ve likely been behind the wavering of the decree ; the excuse issued within the wavering was basically ‘need to knock out the conflict between shareholder’.. The comment from Tommy fluteheads article, where Ms Chen Chen from Zijins Legal council basically says, that AVZ should communicate with the other shareholders, suggests that zijin probably expected AVZ to start to hyperventilate, thinking that all is nearly lost and be pressured into negotiation with leverage being increased on Zijins side with wording ‘urgency’ for a decision to be made...'paralysis of project..'.
I had heard that AVZ had appealed straight away after receipt of the decree wavering, but thought ye nah probably untrue, then the response to MoM which only popped up on Twitter this week had me thinking that they just of only responded this week, until I seen the date on the original letter posted here, which verified that AVZ were on the ball with their appeal ; so even though everyone was losing their minds and thinking how would she react to such a letter...we’ll that letter was opened and read by MoM near two weeks prior .
AVZ response which was legally very to the point, is something id say Zijin were either not expecting or hoping AVZ would just rush to the table to negotiate.
ICC is coming up in April, I don't think Zijin will want to get to those steps ; they know that negotiating with AVZ would be highly unlikely now and with the whole tenement now under 13359 things are maybe more in AVZs favour ; albeit AVZ currently don't have a decree, but which AVZ have now given legal reason, as to why the decrees should not be waivered which probably gave MoM a holy fuck moment
So what happens now, has Zijin realized that cancelling the split and trying to negotiate is not the best avenue to try and capture the north or the 15%.....MoM will be feeling the heat also considering she cancelled without following the code.. does it suit them to run with plan xyz, get MoM to cancel the waiver (it pulls her somewhat out of the fire) and reissue the decrees , as they were and try and do a deal with Mupande with regard to applications and so either they go as a 100% applicant or maybe use cominiere or AJN pick it up and run with it that way, with some sort of JV?
I cant see Zijin being successful in ICC for the 15%, unless they manage to brown bag...i doubt they want to go there(ICC). The only I can see this working in Zijins favour is reissuing of the decrees and trying organise something with cami ; I assume the decrees be reissued and MoM hanging onto the comments in AVZ appeal letter, that AVZ didn't consider the partitioning to be illegal and just reissuing under those same conditions or could AVZ get lucky here and Felix deciding that the decrees have been cancelled and one decree announced to cover Exploitation across the tenement in compliance with the mining code and all the dirt washed off in one wipe....but maybe Felix is happy enough behind closed doors, to let it roll with the split and run some of the big hitters into the north
The greed and lust for Manono ; all just highlights the importance of the resource
l got the feeling when watching the video of Jules talking about the IGF report and reading the captions at the very end he said "I have done my job".
I immediately got the feeling that there that nothing would come of it. It felt like, l have done my bit, not my problem if the next guy doesn't anything, l have done my job.
Don't know if anyone else felt similar.
Just a thought but as each day passes l am feeling vindicated.
Samus
Top 20
Manono Kitotolo:
Dathcom @AvzMinerals does not have the money and did not do the research according to Kibeya de Cominiere and Adèle Kayinda. And yet, the reality on the ground and the facts documented by the NGOs and the media on the spot and then confirmed by the population are there.
No one in Manono has ever seen the cores or drilling and exploration teams from Cominiere, Minocom, Minor, Dathomir, Tantalex, AJN, Zijin but everyone sees and has seen those from Dathcom and @AvzMinerals. The Chinese do not research and explore in the DRC.
Zijin destroys people's homes in Kolwezi and relocates them in violation of the mining code, installs prefabricated housing to work (like CMOC at TFM) while it produces cement in Carilu on site. Dathcom @AvzMinerals builds hard houses in Manono.
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Samus
Top 20
Cargo Dathcom @AvzMinerals 2022 ready to leave Lubumbashi for Manono on loans and financial donations from Mils Tshibangu, Célestin Kibeya and Adèle Kayinda.
@ALINGETEJULES_K
@IgfRdc
@StanysBujakera
@Odep_MutebaFlor
@Presidence_RDC
Dathcom cargo @AvzMinerals leaving Lubumbashi in the last quarter of 2022 towards Manono on the road paved by Dathomir in return for 5% received free of charge from Cominiere de Kibeya and Mwamba according to the Report
@IgfRdc
@ALINGETEJULES_K
.
Purely speculating here...
Minister revoking the decrees is because she's been given a warning by FT to get this shit sorted out, or be considered complicit to corruption and get removed from her role.
The shit in her comments about 'harmonious relationships' is just her having a bit of a sulk at having to do the right thing and trying to shift the blame to someone else. She's not happy about it so dragging her feet on reissuing new decree.
She didn't bother talking to AVZ because again she doesn't want to do this and is being a sook about it.
Minister revoking the decrees is because she's been given a warning by FT to get this shit sorted out, or be considered complicit to corruption and get removed from her role.
The shit in her comments about 'harmonious relationships' is just her having a bit of a sulk at having to do the right thing and trying to shift the blame to someone else. She's not happy about it so dragging her feet on reissuing new decree.
She didn't bother talking to AVZ because again she doesn't want to do this and is being a sook about it.
Sparrowhawk12
Regular
Haven't read yet. Who's got the link to get around the fire-wall?
www.afr.com
Chinese mining giant in secret Africa lithium grab
Zijin Mining requested Democratic Republic of Congo officials hand over the project partly owned by ASX-listed AVZ months before the license was cancelled.
Samus
Top 20
They paved the road with dirt
5% shares for this:Dathcom cargo @AvzMinerals in January 2023 to Manono on a road built by Dathomir in return for 5% of Cominiere de Kibeya shares denounced by @IgfRdc@IgfRdc @ALINGETEJULES_K. Images never seen by PR05
@fatshi13
@Presidence_RDC
Haven't read yet. Who's got the link to get around the fire-wall?
Chinese mining giant in secret Africa lithium grab
Zijin Mining requested Democratic Republic of Congo officials hand over the project partly owned by ASX-listed AVZ months before the license was cancelled.
Dickhead Tommy backing down.
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