AVZ Discussion 2022

cruiser51

Top 20
1679116262594.png

Tina Salama @TinaSalama2. 2h
#ContratChinois
At the end of the IGF investigation, the President will set the record straight and restore the country to its rights. There is an urgent need to revisit this convention for a rebalancing of the advantages in order to guarantee the interests of the country. (CM)
 
  • Like
  • Thinking
  • Fire
Reactions: 9 users

cruiser51

Top 20


It would be a mistake for the president to react only on the contract
@SICOMINES
when there are inconsistencies in the management of minerals throughout the country, such as in particular #Dathcom and
@AvzMinerals
with the suspension of the EP. Above all, we must act...
@Presidence_RDC
 
  • Like
  • Fire
Reactions: 12 users

ptlas

Regular
Legit question.

How long before people start calling Felix out as corrupt for putting up with corruption in his government?
@BEISHA and I have been doing it for months.
All of this shit is on his watch.

Seems that the confirmation bias is finally lifting in the cold light of day.

Everyone else kisses the rs of FT etc because somebody on social media says that somebody said that etc etc... usual shit.

Thank God for MB laying it all out so clearly.

Join the dots, they spell:

"AS CORRUPT AS FUCK"

Still optimistic, just think it's gonna drag on for more than a couple of months.
 
  • Like
  • Fire
  • Thinking
Reactions: 15 users

CHB

Regular
@BEISHA and I have been doing it for months.
All of this shit is on his watch.

Seems that the confirmation bias is finally lifting in the cold light of day.

Everyone else kisses the rs of FT etc because somebody on social media says that somebody said that etc etc... usual shit.

Thank God for MB laying it all out so clearly.

Join the dots, they spell:

"AS CORRUPT AS FUCK"

Still optimistic, just think it's gonna drag on for more than a couple of months.
Yep, will give it till end of March then probably start calling him out for siding with corruption.

I still remember the past few months waiting on the assumption that negotiations were happening.. then they cancelled our decrees and AVZ had nfi what was going on. Would not be surprised if nothing is still going on and we're still waiting for someone to talk to us.

Its Been A Long Time Waiting GIF
 
  • Like
Reactions: 12 users

ptlas

Regular
Message for Felix.

Dear Felix, the current strategy AVZ is forced to take looks solid considering the limited cards we can play. AVZ sitting on the Manono resource and controlling interest in Dathcom, so let the ICC cases roll on if thats what you want Felix? Everyone knows you cannot just kick out AVZ, no chance.

So Felix, the ball is in your court, you can force the Chinese crooks and corrupt DRC Gov officials and CAMI officials to capitulate in favour of AVZ, or nobody wins for a long long time and AVZ wins big at the end of the day at the ICC, sitting opposite DRC lawyers sometime down the road.

So what, AVZ misses the first few years of Lithium take up, big deal, only another 30 years of massive increase and demand to follow. Take your time Felix, import lithium from Zimbabwe if you like to support your vision of a battery manufacturing nation, laugh, cough, laugh, sorry it's a reflex issue I have to bullshit. Or you can do the right thing.

How much of a dick will you look like if "your" battery manufacturing vision including supplying lithium has to come from a neighbouring country Felix?

IMO, AVZ has a siege in place around Manono. The corrupt can't starve us out, we will survive and the crooks and bad actors will fail in the end.

Every day the awareness of AVZ and their plight increases in the DRC and globally, this cluster fuck in your Government and Portfolio Companies will soon get away from you Felix and be a significant embarrassment for you, including your family ties into CAMI.

Good luck getting the votes in December Felix with the AVZ issue unresolved. How much support from the ADB, IMF, EU and US will there be for you if you let the Chinese and corrupt Ministers and Gov agents run all over an Aussie company that has done all the work at Manono?

Don't be a weak prick Felix, take a hit from internal support from corrupt Ministers and do the right thing, otherwise you will be out the gate and the US and EU will support an alternate President.

Cheers The Fox 🦊
100%

And I have always believed that the threat of international opprobrium for FT & DRC is behind AVZ's silence tactics.
Have been more than critical of NF and BoD on many levels but not gonna call them out on this.
Happy for it to continue on the assumption that that is AVZ's plan.

My one worry is that we don't have the funds to stay the course, but that seems unlikely.
 
  • Like
Reactions: 10 users

Roon

Regular
Yep, will give it till end of March then probably start calling him out for siding with corruption.

I still remember the past few months waiting on the assumption that negotiations were happening.. then they cancelled our decrees and AVZ had nfi what was going on. Would not be surprised if nothing is still going on and we're still waiting for someone to talk to us.

Its Been A Long Time Waiting GIF
One other interesting point mentioned in the Half Yearly was that following the MoM's "irregular" ministerial decrees AVZ has responded only by letter - indicating that we likely haven't had any direct engagement with the MoM to respond by the time of writing. This supposition along with our blindsiding when we heard about these suggests its not just FT we struggle to get direct meetings with.

Hopefully we are engaging now in these supposed negotiations we're currently involved in mentioned in the email posted here, but our active and ongoing talks with the highest levels of DRC government always touted in our ASX announcements don't appear to have had much grounding. Unless something changed or im mistaken we don't appear to have had any high level talks at ministerial level upwards referenced since the second meeting with FT in mid 2022.
 
Last edited:
  • Like
  • Thinking
Reactions: 9 users

ptlas

Regular
I for one would be very concerned if indeed we are relying on the conclusion of the ICC cases to proceed with the project launch, with ML/FID and thus construction awaiting this closure. I just can't see the DRC government accepting that delay given the strategic nature of the project and FT's trumpeting to the heavens of his EV battery development plans. Following the verbiage released in the latest ministerial decrees about the project being held hostage due to the ownership disputes within Dathcom, this shot-across-the-bow was I think setting up the grounds for a potential outright stripping of the licence by the authorities in the national interest, should this look like it will drag on for an extended period without resolution. Or at least the government trying to promote some path forward, with a warning attached to reinforce the message.

Hopefully IMO we can at least use the likely outcomes of the ICC cases as the basis for a negotiated settlement that can move us all forward which, whilst unappealing, would at least reduce the likelihood of an outright AVZ collapse. Yes this may all be part of the Chinese plan, pushing us towards a deal as the lesser of two evils (which they are very good at), though the risk of a negative outcome for AVZ remains real. I dont really buy into the claim that the DRC won't dare oust us due to the message this would send to the wider international investment community. If they feel they need to in order to get the project moving, they will, and can present their national interest justifications until the furore dies down.

In any case I think we wouldn't necessarily be in a particularly bad position in a negotiation. We could probably reach an outcome which may satisfy most shareholders, paving the way to the resumption of Manono's development, though definitely not one that would please all here. I hope the email posted here that management were in the midst of negotiations is in fact the case, and that some sort of middle ground in weighted favor to AVZ could be found in the near term. Even though the government is largely at fault for our current predicament through its corrupt ministers supporting the hostile Chinese agenda, the wider government's 'patience' to leave Manono undeveloped probably also won't last forever, especially with those Chinese interests still being represented faithfully by the key actors we all know. FT doesn't seem in a rush to intervene either, so may be down to us.
Do you really think that if we reach an 'agreement' with these Chinese criminals that they will honour it.
Watertight. Yeah right.
 
  • Like
  • Fire
Reactions: 6 users

Roon

Regular
Do you really think that if we reach an 'agreement' with these Chinese criminals that they will honour it.
Watertight. Yeah right.
Perhaps, perhaps not. But alternatively, do you also think these Chinese criminals will just give up their efforts to be involved if Zijin's 15% isn't confirmed at ICC? That'll just be one avenue of attack, and no doubt we'll see ongoing efforts moving forward in that case to disrupt the Project to leverage either their involvement or to undermine ours. I dont like it, but to progress the project it might be better having them inside the tent pissing out, than us either no longer having the tent, or constantly battling streams of external piss during the tent's construction. To stretch a metaphor. I don't know, its just my opinion when taking a step back and looking at the possible outcomes.
 
  • Like
  • Thinking
Reactions: 9 users

Winenut

Go AVZ!
100%

And I have always believed that the threat of international opprobrium for FT & DRC is behind AVZ's silence tactics.
Have been more than critical of NF and BoD on many levels but not gonna call them out on this.
Happy for it to continue on the assumption that that is AVZ's plan.

My one worry is that we don't have the funds to stay the course, but that seems unlikely.
Learnt a new word today

"Opprobrium"

Thanks for that
 
  • Haha
  • Like
  • Thinking
Reactions: 11 users
  • Like
Reactions: 4 users

Mickyb64

Regular
Are any of the AVZ crew in Darwin at the moment?
 

JAG

Top 20
Are any of the AVZ crew in Darwin at the moment?
I'm in the Gibson Desert, just down the road. Drop past if ya want but it's a dry site mate, you will have to bring a few roadies smuggled in :LOL:
 
  • Haha
  • Like
Reactions: 12 users

DoubleA

Regular
#CHINESE_CONTRACT

Following the IGM's damning report, the PR05 decided to revisit the convention in order to rebalance things in favour of the DRC.

Let us congratulate the PR05 for this political courage and ask it to also find a definitive solution to the blocking of Lithium/Manono.



If the President has in fact decided to revisit this arrangement then at least it means there may be more chance of progress being made sooner.

I guess it just depends how far this "rebalancing in favour of the DRC" goes. I think the DRC should benefit from the project, but I also think AVZ should benefit from taking on the risk and investing huge $$$ to drill and define the resource as well as operating ethically and legally. Kasongo does mention #Chinese_contract but he also has seemed to become much more anti AVZ in the past few months. It is difficult to know what the DRC Government's intentions are.
 
  • Like
Reactions: 15 users

Mickyb64

Regular
I'm in the Gibson Desert, just down the road. Drop past if ya want but it's a dry site mate, you will have to bring a few roadies smuggled in :LOL:
Quite happy sitting at a roof top bar waiting for the storm to hit. Just thought I'd throw it out there and see if there were any bites. Happy to buy
you a beer one day Jag.
 

Attachments

  • 20230318_170208.jpg
    20230318_170208.jpg
    1.4 MB · Views: 67
  • Like
Reactions: 12 users

cruiser51

Top 20
Learnt a new word today

"Opprobrium"

Thanks for that
You could show your mates in the pub how smart you are and use it a few times with a smile, while studying the skimpies behind the bar.

You might finish up with a free clarety. Just in case prepare to duck. ;)
 
  • Haha
Reactions: 6 users

tonster66

Regular
Perhaps, perhaps not. But alternatively, do you also think these Chinese criminals will just give up their efforts to be involved if Zijin's 15% isn't confirmed at ICC? That'll just be one avenue of attack, and no doubt we'll see ongoing efforts moving forward in that case to disrupt the Project to leverage either their involvement or to undermine ours. I dont like it, but to progress the project it might be better having them inside the tent pissing out, than us either no longer having the tent, or constantly battling streams of external piss during the tent's construction. To stretch a metaphor. I don't know, its just my opinion when taking a step back and looking at the possible outcomes.
When CATH get their 24% chinese ownership will be well over 30%. I dont know if the other chinese investors would like zijin playing these games when their profits and products are on the line.
 
  • Like
  • Thinking
  • Fire
Reactions: 14 users
One other interesting point mentioned in the Half Yearly was that following the MoM's "irregular" ministerial decrees AVZ has responded only by letter - indicating that we likely haven't had any direct engagement with the MoM to respond by the time of writing. This supposition along with our blindsiding when we heard about these (through AFR no less) suggests its not just FT we struggle to get direct meetings with.

Hopefully we are engaging now in these supposed negotiations we're currently involved in mentioned in the email posted here, but our active and ongoing talks with the highest levels of DRC government always touted in our ASX announcements don't appear to have had much grounding. Unless something changed or im mistaken we don't appear to have had any high level talks at ministerial level upwards referenced since the second meeting with FT in mid 2022.
We didn't hear about the new decrees from the AFR lol

Nigel's letter is dated February 3rd which is before the AFR allegedly 'discovered' the existence of the new decrees and contacted the Perth office for comment

Tommy clearly found out about the new decrees from reading the forums and Twitter discuss ACAJ's tweet that weekend and tried to take credit for the story because he is a shit journalist
 
  • Like
  • Haha
  • Fire
Reactions: 33 users

Roon

Regular
We didn't hear about the new decrees from the AFR lol

Nigel's letter is dated February 3rd which is before the AFR allegedly 'discovered' the existence of the new decrees and contacted the Perth office for comment

Tommy clearly found out about the new decrees from reading the forums and Twitter discuss ACAJ's tweet that weekend and tried to take credit for the story because he is a shit journalist
True I see. Stand corrected and post edited.
 
  • Like
Reactions: 2 users

Winenut

Go AVZ!
Port Adelaide tonight....

Just sayin'

:cool:🍷

Edit: I know The Power haven't done well in recent years but I think that was about the first time we've beaten the Brisbane Bears (Lions :rolleyes:) in about 5 years!!!

Blessed be small mercies

Now if only AVZ could post a win...even a goal from 35m out on a small angle.....anything......:rolleyes:

:cool:
 
Last edited:
  • Like
  • Haha
Reactions: 7 users

ptlas

Regular
  • Haha
  • Like
Reactions: 7 users
Top Bottom