AVZ Discussion 2022
- Thread starter GazDix
- Start date
Winenut
Go AVZ!
"By the way…. You two aren’t poofs are you?!"
No ....
But I once slept with a guy who was
Looks like they dropped the tin off again, Im sure it was yesterday there.
I
thestockexchange.com.au
Unless it was on another option/section of the map
Was it there?
AVZ Discussion 2022
He said 11:00am tomorrow their time so maybe we can just check here (current Kinshasa time Wednesday 12:21 pm and we’re looking for Thursday 11:00 am?) https://www.worlddata.info/africa/congo-kinshasa/timezones.php
thestockexchange.com.au
Unless it was on another option/section of the map
Remark
Top 20
When I checked yesterday I don't recall seeing it
Winenut
Go AVZ!
I checked a few tenements 13359, 4029, 4030 etc etc none of them mention tin (cassiterite)When I checked yesterday I don't recall seeing it
All the new tenements surrounding ours 15284, 15285, 15287,15288 held by Congo Environment and Mining Consulting do....
Did that mean Ferguson can sell his shares?
NONE OF YOUR BUSINESS
Sorry mate. Wrong again.
I have criticised management for a number of things. Some have agreed, some have disagreed.
I have made it clear why I do not criticise their opacity and lack of meaningful information. I also respect that others disagree and behave differently.
This forum is about many things:
A haven from the crapper and its trolls
An area where peeps are able to share information and opinions in a genuinely non-confrontational way.
A place to vent one's spleen.
A place to come for a laugh-yeah sorry for some of my attempts at humour.
I'm sorry, but if you believe that the sorts of comments and opinions on here play into the hands of CCP, then you really do have an over inflated opinion of your own importance.
It is a place to disagree respectfully.
It is NOT a place to criticise other members. ESPECIALLY ones doing it tough.
Douze dollars
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Hemicuda
Regular
I disrespectfully disagree with MB‘s, he is an A grade flog, not a criticism, just a fact, but wait I’m ignored, so this as pointless as his god like egomaniacal dribble.
" know we have one of the best BOD's on the ASX "...........
No disrespect, but had a bit of a chuckle with that statement.......
Lack of disclosure, copious missed time lines ( both probably linked together ), conflict of interest... is hardly characteristics of best bod on ASX, but, to give them their due, have proven up a wonderful resource, provided a very robust DFS ( in good time), 4/5 offtakes ( albeit all chinese....
) all of those achievements executed in one of the most corrupted cesspool locations known to mankind with the native tongue being french....... So Kudos in that regard...............but best bod ?
NOPE !!!!
Anyway, i am encouraged by the latest update with Cami website............have gone from nada to 100% Dathcom mining, so could this be a sign that the BODs discussions with " relevant " authorities in DRC govt are bearing fruit ?
I guess we will have to wait and see for the next roller coaster chapter...........
ICC arbitration next month.........Zijin / China karma not far away
If AVZ can come out of this nightmare with our rights retained / regained against the might of China and the corrupt elite, then my appraisal of the BOD and possibly FT will elevate
Time will tell.
imo
John25
Regular
BEISHA …think it was an error ..think geo_au meant the best PAID BoD on the ASX …Everyone is entitled to his/hers/its/others opinion here" know we have one of the best BOD's on the ASX "...........
No disrespect, but had a bit of a chuckle with that statement.......
Lack of disclosure, copious missed time lines ( both probably linked together ), conflict of interest... is hardly characteristics of best bod on ASX, but, to give them their due, have proven up a wonderful resource, provided a very robust DFS ( in good time), 4/5 offtakes ( albeit all chinese....
So Kudos in that regard...............but best bod ?
NOPE !!!!
Anyway, i am encouraged by the latest update with Cami website............have gone from nada to 100% Dathcom mining, so could this be a sign that the BODs discussions with " relevant " authorities in DRC govt are bearing fruit ?
I guess we will have to wait and see for the next roller coaster chapter...........
View attachment 32833
ICC arbitration next month.........Zijin / China karma not far away
View attachment 32834
If AVZ can come out of this nightmare with our rights retained / regained against the might of China and the corrupt elite, then my appraisal of the BOD and possibly FT will elevate
Time will tell.
imo
Glad you chuckled it had the complete opposite effect on me
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And another bit of homecraft from Tommy the Twat
Tom Richardson
ASX-listed Equatorial Resources has filed a $US1.1 billion ($1.6 billion) compensation claim against the Republic of Congo amid claims it was unlawfully stripped of iron ore mining rights in the nation where China exerts increased influence.
According to Equatorial Resources’ claim, the Congo government has until August to respond, subject to jurisdiction issues.
The Perth-based explorer alleges unlawful measures taken against it ‘‘formed part of a wider campaign to dispossess foreign mining companies of their iron ore interests in Congo and grant them to a Chinese-linked company named Sangha Mining’’.
The arbitration taken to the International Centre for Investment Disputes in Washington DC punctuates a high-risk scramble among junior miners to secure African battery metal resources, according to Clancy Moore, the chief executive of campaign group Transparency International.
‘‘One in four corruption cases in the oil, gas, and mining sectors arise at the very start of a mining operation – the licensing stage,’’ said Mr Moore.
‘‘Companies need to detect, prevent and reduce corruption risks by engaging transparently and fairly with communities and governments, undertaking proper due diligence on partners and alerting authorities when red flags are raised. Australia’s foreign bribery laws also need to be strengthened as they currently allow for companies to use facilitation payments.’’
There’s no suggestion that Equatorial Resources engaged in corruption. However, Mr Moore’s warning comes as shareholders face losses in numerous ASX-listed explorers hit by African sovereign risk.
At a private December 2022 annual general meeting held in Perth, the now delisted Sundance Resources said it was pursuing between $US1.5 billion and $US5.7 billion in compensation from the Republic of Congo after being divested of its iron ore mining rights in the central-west African nation amid historical allegations it bribed Congo politicians.
The ongoing arbitration is being pursued at the International Chamber of Commerce in London. According to the AGM notice, Sundance also took the Cameroon government to the ICC in Paris in December to demand it reissue it a mining permit, or pay $US5.5 billion in damages.
On Monday, Atlantic Lithium responded to the ASX’s compliance queries about a report by short seller Blue Orca Research, which alleged Ghana’s parliament may not approve Atlantic’s mining licences because of corruption.
Finally, lithium explorer AVZ Minerals has left shareholders trapped in the suspended $2.6 billion stock for nearly 11 months, after it failed to obtain a mining license from the government of neighbouring country Democratic Republic of Congo (DRC).
AVZ conceded in May that it faced legal challenges in the DRC over ownership of the Manono lithium project and shareholders were warned that ongoing litigation may not conclude until September 2024.
Shares in Atlantic Lithium are down 26 per cent since Blue Orca’s corruption allegations, with Atlantic’s offtake partner – ASX-listed Piedmont Lithium – losing 6 per cent in line with sector weakness.
‘‘Transparency International’s research on corruption risks in the awarding of licenses in Ghana specifically showed the need for greater transparency and stronger procedures for the prevention and management of conflict of interest, involving public officials and politicians in mining license application,’’ said Mr Moore.
The chief executive of the not-for-profit organisation, which works internationally to strengthen responsible business conduct in mining and environmental protection, added the DRC presented significant corruption risks.
‘‘The country scores just 20/100 of Transparency International’s global Corruption Perceptions Index, has increasing numbers of Chinese mining companies and has the world’s largest reserves of cobalt which is in high demand,’’ he said.
Mining
ASX miners demand Congo pay billions in compensation
Tom Richardson
ASX-listed Equatorial Resources has filed a $US1.1 billion ($1.6 billion) compensation claim against the Republic of Congo amid claims it was unlawfully stripped of iron ore mining rights in the nation where China exerts increased influence.
According to Equatorial Resources’ claim, the Congo government has until August to respond, subject to jurisdiction issues.
The Perth-based explorer alleges unlawful measures taken against it ‘‘formed part of a wider campaign to dispossess foreign mining companies of their iron ore interests in Congo and grant them to a Chinese-linked company named Sangha Mining’’.
The arbitration taken to the International Centre for Investment Disputes in Washington DC punctuates a high-risk scramble among junior miners to secure African battery metal resources, according to Clancy Moore, the chief executive of campaign group Transparency International.
‘‘One in four corruption cases in the oil, gas, and mining sectors arise at the very start of a mining operation – the licensing stage,’’ said Mr Moore.
‘‘Companies need to detect, prevent and reduce corruption risks by engaging transparently and fairly with communities and governments, undertaking proper due diligence on partners and alerting authorities when red flags are raised. Australia’s foreign bribery laws also need to be strengthened as they currently allow for companies to use facilitation payments.’’
There’s no suggestion that Equatorial Resources engaged in corruption. However, Mr Moore’s warning comes as shareholders face losses in numerous ASX-listed explorers hit by African sovereign risk.
At a private December 2022 annual general meeting held in Perth, the now delisted Sundance Resources said it was pursuing between $US1.5 billion and $US5.7 billion in compensation from the Republic of Congo after being divested of its iron ore mining rights in the central-west African nation amid historical allegations it bribed Congo politicians.
The ongoing arbitration is being pursued at the International Chamber of Commerce in London. According to the AGM notice, Sundance also took the Cameroon government to the ICC in Paris in December to demand it reissue it a mining permit, or pay $US5.5 billion in damages.
On Monday, Atlantic Lithium responded to the ASX’s compliance queries about a report by short seller Blue Orca Research, which alleged Ghana’s parliament may not approve Atlantic’s mining licences because of corruption.
Finally, lithium explorer AVZ Minerals has left shareholders trapped in the suspended $2.6 billion stock for nearly 11 months, after it failed to obtain a mining license from the government of neighbouring country Democratic Republic of Congo (DRC).
AVZ conceded in May that it faced legal challenges in the DRC over ownership of the Manono lithium project and shareholders were warned that ongoing litigation may not conclude until September 2024.
Shares in Atlantic Lithium are down 26 per cent since Blue Orca’s corruption allegations, with Atlantic’s offtake partner – ASX-listed Piedmont Lithium – losing 6 per cent in line with sector weakness.
‘‘Transparency International’s research on corruption risks in the awarding of licenses in Ghana specifically showed the need for greater transparency and stronger procedures for the prevention and management of conflict of interest, involving public officials and politicians in mining license application,’’ said Mr Moore.
The chief executive of the not-for-profit organisation, which works internationally to strengthen responsible business conduct in mining and environmental protection, added the DRC presented significant corruption risks.
‘‘The country scores just 20/100 of Transparency International’s global Corruption Perceptions Index, has increasing numbers of Chinese mining companies and has the world’s largest reserves of cobalt which is in high demand,’’ he said.
Wouldn't it be nice if just one piece of positive insider goss came true sometime. Surely even the broken clock must strike true eventually!
If it's 11:00 AM Kinshasa time, that's 9:00 PM AEDST tonight.
Unless it's just more bullshit from someone who was breast-fed until he was eleven.
I guess we'll know in a couple of hours.
Azzler
Top 20
Well just to pass the time...
What possible news could there be in regards to AVZ vs Cominere?
We apparently recently withdrew a court case against them, or something.
Could it be they have conceded something for AVZ to withdraw?
Didn't sound like the flog on the telly recently had anything but fight in him against AVZ.
Could it be the 15% to Zijin has been recinded and sold to AVZ? Because that would be pretty fucking awesome.
That's the only thing I can think of, but I don't believe that for a second, lol I don't feel we're that lucky at the moment.
Thoughts anyone?
What possible news could there be in regards to AVZ vs Cominere?
We apparently recently withdrew a court case against them, or something.
Could it be they have conceded something for AVZ to withdraw?
Didn't sound like the flog on the telly recently had anything but fight in him against AVZ.
Could it be the 15% to Zijin has been recinded and sold to AVZ? Because that would be pretty fucking awesome.
That's the only thing I can think of, but I don't believe that for a second, lol I don't feel we're that lucky at the moment.
Thoughts anyone?
Sparrowhawk12
Regular
I guess my hopes are on the recent DRC statement that they'll announce the Battery partner on Mon-27-Mar ... and I hope/expect that to be CATL/CATH and I hope that they want AVZ to majority-own the ML. If so, we would see a string of +ve Ann, imminently.
9cardomaha
Regular
1.5hours to go, already got some feelers out there for any documents that are going to be exchanged.
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