AVZ Discussion 2022

So what is it guys? Are we calling it their first violation? I need to know for the new counter.
Don't think you need to say first. Just 'Violation of ICC Emergency Arbitration order' would be okay. But it's up to you as either way works.

Don't forget the fine is in Euros. 50k EUD is just under 54.9k USD at current exchange rate.

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Xerof

Flaming 1967
@Spikerama

No violation. Even if what CAMI site says was correct, (AND I'M NOT SAYING IT IS) it doesn't mean the Dathcom JV is dissolved. It would simply mean COMINIERE has been granted the tenement, having been taken off DATHCOM. Dissolving the JV is a separate issue, and carries a cost of 50k a day

In normal circumstances, a MoM decree would be needed to withdraw DATHCOM rights to the tenement (if actually legally able to be done), followed by CAMI updating the Cadastre. Haven't seen one of those yet, and she has swanned off to Turkey to talk turkey

On reflection, all this sounds ridiculous, and couldn't possibly happen, without massive repercussions for the DRC, in all sorts of ways

So I call it fucking bullshit Celestine

IMO

Kunt
 
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@Spikerama

No violation. Even if what CAMI site says was correct, (AND I'M NOT SAYING IT IS) it doesn't mean the Dathcom JV is dissolved. It would simply mean COMINIERE has been granted the tenement, having been taken off DATHCOM. Dissolving the JV is a separate issue, and carries a cost of 50k a day

In normal circumstances, a MoM decree would be needed to withdraw DATHCOM rights to the tenement (if actually legally able to be done), followed by CAMI updating the Cadastre. Haven't seen one of those yet, and she has swanned off to Turkey to talk turkey

IMO

Kunt
Getting CAMI to update their website constitutes 'taking any action or taking any steps that would result from the implementation of the termination of the Dathcom JVA and / or the consequences of such termination' imo

But it is probably wise to wait until we hear something official from the company about the fine being in play before launching the counter
 
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Frank

Top 20
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TLH

Regular
Managed to get through to the AVZ team. I only spoke to the admin lady however was advised they are aware of change on the cami website and will release an ann shortly.
No real indication so hopefully just a matter of more pathetic games.
 
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Strongman

Regular
@Spikerama

No violation. Even if what CAMI site says was correct, (AND I'M NOT SAYING IT IS) it doesn't mean the Dathcom JV is dissolved. It would simply mean COMINIERE has been granted the tenement, having been taken off DATHCOM. Dissolving the JV is a separate issue, and carries a cost of 50k a day

In normal circumstances, a MoM decree would be needed to withdraw DATHCOM rights to the tenement (if actually legally able to be done), followed by CAMI updating the Cadastre. Haven't seen one of those yet, and she has swanned off to Turkey to talk turkey

On reflection, all this sounds ridiculous, and couldn't possibly happen, without massive repercussions for the DRC, in all sorts of ways

So I call it fucking bullshit Celestine

IMO

Kunt
Yep have to agree here. the JV agreement relates to the shareholders of Dathcom and how the 100% of the shares in Dathcom are owned and distributed. The tenement which Dathcom has been granted is the asset or business that the shareholders are investing in when buying shares in Dathcom. Iam also calling bullshit on Celestine. that guy is as i have said before a dead man walking
There would absolutely have to be an announcement from AVZ if the licence had been taken off Dathcom. It is after all our only asset
Celestine has reached the end of his rope....desperation move on his part. He is correct in one part though ie bye bye AVZ because very soon he is fuckin gonski
 
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So what is it guys? Are we calling it their first violation? I need to know for the new counter.
Probably not. The ICC order was against Cominiere. Celeste is from CAMI.
 
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Spikerama

Regular
Getting CAMI to update their website constitutes 'taking any action or taking any steps that would result from the implementation of the termination of the Dathcom JVA and / or the consequences of such termination' imo

But it is probably wise to wait until we hear something official from the company about the fine being in play before launching the counter

Ok well it's ready to go at first sight of anymore bullshit.
 
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M.Bison

Regular
Managed to get through to the AVZ team. I only spoke to the admin lady however was advised they are aware of change on the cami website and will release an ann shortly.
No real indication so hopefully just a matter of more pathetic games.
Have they ever released an announcement regarding changes on the CAMI site?
 
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Ok well it's ready to go at first sight of anymore bullshit.

Spike CKK is the acting manager of Cominiere. Mupande is DG of CAMI and is constantly making changes to the Landfolio Portal so you should wait for AVZ to announce details.
 
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Peeps, I'm working on a new counter.

So are we saying that the removal of Dathcom is the first violation of ICCs Emergency Arbitration order?
Hi Spike, I meant to send you this ages ago. If you have some capacity and inclination to continue the attack on our friends at Zijin here are some ideas.
  • Zijin: Pillagers of DRC
  • <something about underreporting mining volumes to evade royalties>
  • <something about human rights and worker abuse>
  • Morally bankrupt
  • Zijin: Plunderers of DRC
  • Bribing officials since xxx (careful - legal exposure here)
  • Investment in Manono - $0 (excluding bribes paid)
 
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The show might be over for us.
If there is no support from CAMI, then there is no support from the Gouvernement
Once more AVZ should be surprised
My understanding is that CAMI do not have jurisdiction or authority to do such a thing. They manage the cadastral records and portal, and manage surface fees.
 
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Hemicuda

Regular
The show might be over for us.
If there is no support from CAMI, then there is no support from the Gouvernement
Once more AVZ should be surprised
Time to fuck off yet hey Pete? Or is it Peute?
 
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Juba1845

Regular
The show might be over for us.
If there is no support from CAMI, then there is no support from the Gouvernement
Once more AVZ should be surprised
Peter Clark? The name is a little obvious don't you think ? Better than John Smith .
 
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Xerof

Flaming 1967
Probably not. The ICC order was against Cominiere. Celeste is from CAMI.

For the record only, can't let that go as an uncontested statement of fact. Celestin Kibeya does not work for CAMI. He works for COMINIERE, well, for the moment anyway.....
 
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Spikerama

Regular
For the record only, can't let that go as an uncontested statement of fact. Celestin Kibeya does not work for CAMI. He works for COMINIERE, well, for the moment anyway.....
That's what I thought. He's the seat warming CEO pr MD right?
 
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Flight996

Regular
So what is it guys? Are we calling it their first violation? I need to know for the new counter.

Mate, wait until the smoke clears and you know for sure what's going on.

Cheers
F
 
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Hemicuda

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Hemicuda

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Azzler

Top 20
Mate, wait until the smoke clears and you know for sure what's going on.

Cheers
F
I agree, wait a minute ok.

I have been pondering what made him make a twitter account and taunt AVZ shareholders.

Was he hoping an outraged mass would begin slinging vile hatred at the DRC and all its government so they can use that against us?
I was expecting that myself but so far I've seen restraint and thoughtful responses.

If it is him (CKK) though, it just beggers belief.
Imagine being the head of a governemnt agency, and creating a twitter account specifically to taunt thousands of investors, families, who saved their hard earned money and chose to invest in your own country, to taunt them you've stolen all their investments.
My brain cant even make sense of it.

We don't even know its him to be honest, could be a Zijin agent, with info passed on to them. Goal is to stir the pot.

Wait until we know more.

ICC ruling for now is the Dathcom JV contract is still in effect. So I also call bullshit.


My other thoughts are to the recent freeze in licence grants, could it be possible they know what these guys were attempting and this is a block to those shenannigans?
Just thoughs to ponder upon on a very wobbly day.

Keep going depite the wobbles my lads!
 
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