Adverse does not only include losing the whole project. Could be Dathomir/Zijin being supported with their false claims etc.
AVZ Discussion 2022
- Thread starter GazDix
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Adverse does not only include losing the whole project. Could be Dathomir/Zijin being supported with their false claims etc.
BenGriffo
Regular
Makers mark chaser? Excellent choice, my go toYep see you fuckas after a few shots myself
View attachment 33372
Washed down with some Exports and Draughts, could be a interesting night
GLTAH
"The Company is concerned that the continued activity of the hostile non-state actors may influence the decisions of the key authorities in DRC in a manner that is contrary to applicable law and materially adverse to the interests of the Company"
Given that the ICC arbitration cases are out of the DRC and we are only facing one real decision from the key authorities in DRC - namely whether to grant us a ML - I think the only realistic interpretation of the above is that the Company believe we may be stripped of our licence and thus lose the Project.
I mean this possibility is nothing we don't already know, but AVZ finally spelling it out in an official announcement suggests to me we're still in troubled waters and are nowhere near certain of a positive outcome.
The fact that discussions are occurring with recently appointed key cabinet ministers is positive. There did not seem to be any progress with the existing ministers. Therefore any change here is good. We don't know if the new ministers may have been exposed to the Chinese influence in relation to this project yet. There may be more chance of progress.
The fact that the recently appointed ministers have been tasked with investigating the purported administrative irregularities with DRC's own mining code and IGF findings is also positive. A new perspective would be good. Can't be worse than Adele Kayinda, therefore I see any new appointments as a new chance/possibility.
Support from Australian and other embassies is also positive. Other Embassies who "share a common interest to support investment transparency in Africa's mining industry". It is good that AVZ appear to be getting some support. Possibly from USA who have a lot of influence and power.
I remember reading articles back when Felix was "elected" that USA basically thought the results were falsified. There were suggestions that USA would be interested in providing "support" etc to help DRC run their elections fairly. USA probably want to ensure China do not get all of RDC's resources. I think they could have an impact. USA are coming down hard on China lately, trying to make it really hard for China to manufacture the latest chips etc. There are restrictions on US workers working for Chinese chip manufacturers. USA is also banning sales of key chips to China. So they are putting things in place to restrict China's progress. Hopefully they provide some assistance with regard to battery metals too.
The fact that the recently appointed ministers have been tasked with investigating the purported administrative irregularities with DRC's own mining code and IGF findings is also positive. A new perspective would be good. Can't be worse than Adele Kayinda, therefore I see any new appointments as a new chance/possibility.
Support from Australian and other embassies is also positive. Other Embassies who "share a common interest to support investment transparency in Africa's mining industry". It is good that AVZ appear to be getting some support. Possibly from USA who have a lot of influence and power.
I remember reading articles back when Felix was "elected" that USA basically thought the results were falsified. There were suggestions that USA would be interested in providing "support" etc to help DRC run their elections fairly. USA probably want to ensure China do not get all of RDC's resources. I think they could have an impact. USA are coming down hard on China lately, trying to make it really hard for China to manufacture the latest chips etc. There are restrictions on US workers working for Chinese chip manufacturers. USA is also banning sales of key chips to China. So they are putting things in place to restrict China's progress. Hopefully they provide some assistance with regard to battery metals too.
IMV unfortunately for us patient SHldrs, Ferguson's usually upbeat "she'll be right mate" gung-ho manner has led SHldrs over more recent times to believe that the ML was just a matter of time, it's difficult but it's in hand. It appears however to becoming increasingly clear that he hasn't quite had the ear of those that make the decisions that can affect such a positive outcome, even when taking into account all the shit that has been flying around being exposed, he still appears to be failing to gain favour from the very top of gov.
I also wonder is this now NF paving the way for potential failure in getting the ML, "previously confident".
Let's face it, if he NF is unable after all the corruption that has now been exposed relating to the MOM, MOP and others for all to see Including Felix al Presidente and yet we are still on shaky ground, one has little choice but to wonder what really is Felix's agenda...... maybe it's all just "oh shit I didn't realise my government ministers were dodgy, grubby and unfairly shafting you" oh what am I going to do?......
Your fg job! fix it, stop leaving it to every man and his dog to fix, this total shit show is on your watch, which means it's your responsibility to sort!
Rant over (apol) getting pissed like most at this endless loop of crap. I realise Felix doesn't even know what his ministers are up to, his words of cleaning up corruption are simply empty words/BS and mean as little as mine.
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Woogr
Member
Yeah, me too! Probably tomorrow as well!
The bottom line is China will not allow AVZ the Mining License or control of this project . As was stated by Zijin in their news report last year . The ICC will have little effect . The decision still comes back to the Corrupted officials who are under Chinese control . Nigel realises he is helpless by mentioning Embassy assistance. The system is corrupt to the core from the top down including the President.
Nah, it means nothing, anyone talking in riddles probably hasn't got a clue either (hope I'm proven wrong) DBs got a nice car or 2 thou
, undoubtedly he's closer to the source than most but the chief seems to be not much wiser than the rest of us.Let's face it, the Congo (sry drc) is treating us ALL like their bitch.
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Great post.
I've been banging on about US influence for a while now, they are on it.
Knowing a little about how these things work, I have NO DOUBT that western powers are colluding to FUck over these robbing cunts.
This is about control of the world lithium market and the Western Alliance has woken up and ain't giving up.
TWELVE FUCKING DOLLARS
BTW please ignore any more rants tonight. I'm fucking hammered but on the subject of Schrödinger's cat, I'm feeling both dead and alive-not to mention a little decayed.
Apologies for any typos.
bloke383
Regular
I'm worried about this parts:
"The Company is concerned that the continued activity of the hostile non-state actors may influence the decisions of the key authorities in DRC in a manner that is contrary to applicable law and materially adverse to the interests of the Company"
We've known this for the longest time . Any percentage loss to Zinjin or reduction in tenement size , both being a result of unscrupulous means was always going to have a material effect on our company/share price .
As to AVZ losing the project completely .... AVZ would lodge cases with the ICC that quickly the DRC govt wouldn't know what hit them .... especially now it's there in black & white that other countries/embassies are behind us .
For the longest time I've felt that we have been fighting for this by ourselves . Is this project significant enough for other countries to be even interested ? I've always hoped the visits by the officials from the USA , EU etc would be discussing our plight , but there has never been a mention of AVZ ... barely a mention of lithium . So as far as I'm concerned it's great to see it in black and white that we have other countries fighting with us as well .
This can't drag on much longer . FT has an election to win . He wants the DRC to be a world class battery manufacturer of large scale . The DRC have most of the minerals required . Are they really going to source the lithium from overseas if they can't mine the worlds largest high grade lithium deposit they have in their own backyard , because of ICC cases delaying it's development ?
Mr Inappropriate
Regular
I’m drinking Lime Cordiale tonight.Fuck you pricks, having a drink, I’m still doing night shift due this shit show, prob good thing can’t drink
Bray
Regular
And they wonder why they are still 3rd world countryNah, it means nothing, anyone talking in riddles probably hasn't got a clue either (hope I'm proven wrong) DBs got a nice car or 2 thou
Let's face it, the Congo (sry drc) is treating us ALL like their bitch.
Too many jammos downed.. time to log off gonna be few mantle competitors tonight I reckon
With regard to the comments about "non-state actors", are we seeing a shift in the narrative from AVZ?
They're no longer dealing with the "competent authorities", now they're battling criminals.
Interesting that this change comes after the supposed reshuffle of the cabinet, in which those who were fingered by IGF went unscathed.
Since everyone is having a glass or two tonight:
Glass half full theory - the negotiations have reached a point where the focus can now shift from winning over the government to beating the crooks.
Glass half empty theory - things have gone badly with the authorities and the BOD are shifting the narrative to criminal behaviours as the excuse for an impending disaster (similar to the CDL mica story)
Other countries fighting for us straight from the grande poo bar THE NIGE . Well you'd definitely believe it then . Similar to talking to the highest echelons of government that we have a strong relationship with. That has been sprouted for the last 2/3 years. All bulshit. To pissed off , slutted , angry to get on the piss unfortunately. And that cock sucker geo. What a fucking numnutted wanker. Best bod on the asx . Sums up the whole fucken shitshow actually. Fucken clowns. What a fucken disgrace these charlatans are.
patienceisking
Member
Hi my AVZ fellows, long term holder here (6yrs) but mainly only doing supplimentary reading on TSE. I'm as frustrated as all of you and there's been too many ups and downs from page 758 to 1370 which none of us good spirit people deserve to be honest. The only good and consistently good thing I see here is we are united and share information on daily if not hourly basis, i know we don't have much of a choice, but still, this is precious, and that's the only way to be informed and keep the hope up during this difficult time. So whatever the end saga is, i'm so glad to know you guys here, everyone contributing here is a hero
my take on today's announcement is neutral. reason i rate it this way is because although previous announcements were all reading confident and positive, we LTH always know it's sugarcoated and never looking that good, so this time, they decided to use the raw language to give us an idea about the raw situation at the moment, which, might be a bit bitter to swallow tonight, but I rather see that kinda blunt communication than some meaningless bs.
there's a little more I'd like to share with you guys, I was actually born in China but spend half of my life in Australia now (in my 30's), i fully understand the attacks on China which I was doing some times myself too tbh, but it's quite complicated, just like in DRC, we have the villains but we also have the kikis and francks, and although Zijin is a dh, we also have CATH, huayou and all that on our side (i hope they are not enermies within ) anyway, i've also been keeping an eye on the chinese internet domain for news, it's very limited and mostly are pro-zijin (mostly paid i reckon), if there's anything of value i'd share it here
the situation is pretty complicated now, it went from AVZ vs Zijin to AVZ vs the dark force which is Zijin + DRC gov in my view, from what we have observed over the last few months this country surely pays a little respect to its own code, law and has very minimal interest to the wellbeing of its people - it's all about personal wealth and political gains. i personally think the utmost important thing is to get all stakeholders back on the same table and work out anything that's not too unfavourable to us to get the ball rolling, as some said here, it's either 1c or $12
Cheers,
my take on today's announcement is neutral. reason i rate it this way is because although previous announcements were all reading confident and positive, we LTH always know it's sugarcoated and never looking that good, so this time, they decided to use the raw language to give us an idea about the raw situation at the moment, which, might be a bit bitter to swallow tonight, but I rather see that kinda blunt communication than some meaningless bs.
there's a little more I'd like to share with you guys, I was actually born in China but spend half of my life in Australia now (in my 30's), i fully understand the attacks on China which I was doing some times myself too tbh
, but it's quite complicated, just like in DRC, we have the villains but we also have the kikis and francks, and although Zijin is a dh, we also have CATH, huayou and all that on our side (i hope they are not enermies within ) anyway, i've also been keeping an eye on the chinese internet domain for news, it's very limited and mostly are pro-zijin (mostly paid i reckon), if there's anything of value i'd share it herethe situation is pretty complicated now, it went from AVZ vs Zijin to AVZ vs the dark force which is Zijin + DRC gov in my view, from what we have observed over the last few months this country surely pays a little respect to its own code, law and has very minimal interest to the wellbeing of its people - it's all about personal wealth and political gains. i personally think the utmost important thing is to get all stakeholders back on the same table and work out anything that's not too unfavourable to us to get the ball rolling, as some said here, it's either 1c or $12
Cheers,
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Samus
Top 20
Yeah I dunno that all sounds overtly negative.
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