AVZ Discussion 2022

[Frank]

I kinda think you are right Dijon 101

I don't know how this will play out, but suspect that a negotiated settlement of least worst outcomes is on the cards. Even the DRC govt, corrupt to the bone marrow as it is, doesn't want Manono tied up forever in litigation. After all it's destined for greatness through its principle place in the global electric revolution (haha).

Cheers
F

*To add, Did you see where,

DRC-Botswana Business Forum: Tshisekedi invites Botswana economic operators to forge partnerships with those of the DRC

The President of the Republic, Félix Tshisekedi invites Botswana economic operators to come and invest in his country.

Invitation launched during the DRC-Botswana business forum, held in Gaborone on Thursday, May 11, 2023.

On an official mission to Gaborone since the beginning of the week, the Head of State Félix Tshisekedi took part in this business meeting with the aim of intensifying relations at all levels between Botswana and the DRC.

According to him, these two countries have considerable assets to build strong, prosperous and robust economies for their respective populations.

Speaking specifically about his country, Felix Tshisekedi said that the Democratic Republic of Congo has, in addition to natural resources, an important geostrategic position in Africa.

“The geographical position makes the DRC a gateway to Central Africa and West Africa.

The DRC is a market of nearly 100 million consumers.

The risk associated with investing in the DRC is often overestimated.

It's not, it's totally false.

It is a country where it is good to invest.

The DRC has a significant potential in natural resources, large oil and gas deposits.

Finally, the great Inga project, which if developed in all its phases, can transport electrical energy to the depths of Southern Africa”, he listed.

He indicated that his vision, since his accession to power, based on the change of the economy of the Congolese, formerly focused on the mining sector, in particular with the export of minerals in raw state.

According to him, this new policy is to locally transform minerals and other products in order to create wealth and jobs for the benefit of the Congolese.

This is how the Congolese President invited Botswana economic operators to invest in the DRC and to forge advantageous partnerships with their Congolese counterparts.

Félix Tshisekedi was accompanied, at this business forum, by the Minister of Industry, Julien Paluku Kahongya.

The latter presented on the various steps taken by the DRC and the Republic of Zambia in the Pan-African project for the installation of the factory of electric battery precursors in the province of Haut-Katanga.

At the end of this forum chaired by the Botswanan President, Mokgweetsi Masisi, a memorandum of understanding was signed between the National Agency for the Promotion of Investments (ANAPI) and the Botswana Investment Agency.

mediacongo


*Sounds like Felix and the DRC is a "Solution Country" after all, some might say a "Win-Win"

For who exactly is up for debate, unless you're a Politician or Chinese of course

Food for thought

Frank

 

[Flight996]

*To add, Did you see where,

DRC-Botswana Business Forum: Tshisekedi invites Botswana economic operators to forge partnerships with those of the DRC

The President of the Republic, Félix Tshisekedi invites Botswana economic operators to come and invest in his country.

Invitation launched during the DRC-Botswana business forum, held in Gaborone on Thursday, May 11, 2023.

On an official mission to Gaborone since the beginning of the week, the Head of State Félix Tshisekedi took part in this business meeting with the aim of intensifying relations at all levels between Botswana and the DRC.

According to him, these two countries have considerable assets to build strong, prosperous and robust economies for their respective populations.

Speaking specifically about his country, Felix Tshisekedi said that the Democratic Republic of Congo has, in addition to natural resources, an important geostrategic position in Africa.

“The geographical position makes the DRC a gateway to Central Africa and West Africa.

The DRC is a market of nearly 100 million consumers.

The risk associated with investing in the DRC is often overestimated.

It's not, it's totally false.

It is a country where it is good to invest.

The DRC has a significant potential in natural resources, large oil and gas deposits.

Finally, the great Inga project, which if developed in all its phases, can transport electrical energy to the depths of Southern Africa”, he listed.

He indicated that his vision, since his accession to power, based on the change of the economy of the Congolese, formerly focused on the mining sector, in particular with the export of minerals in raw state.

According to him, this new policy is to locally transform minerals and other products in order to create wealth and jobs for the benefit of the Congolese.

This is how the Congolese President invited Botswana economic operators to invest in the DRC and to forge advantageous partnerships with their Congolese counterparts.

Félix Tshisekedi was accompanied, at this business forum, by the Minister of Industry, Julien Paluku Kahongya.

The latter presented on the various steps taken by the DRC and the Republic of Zambia in the Pan-African project for the installation of the factory of electric battery precursors in the province of Haut-Katanga.

At the end of this forum chaired by the Botswanan President, Mokgweetsi Masisi, a memorandum of understanding was signed between the National Agency for the Promotion of Investments (ANAPI) and the Botswana Investment Agency.

mediacongo


*Sounds like Felix and the DRC is a "Solution Country" after all, some might say a "Win-Win"

For who exactly is up for debate, unless you're a Politician or Chinese of course

Food for thought

Frank

Hi Frank

Felix has more spin than a Westinghouse front-loader.

Not many investors would consider being land-locked in the centre of Africa, and a thousand kms to the nearest port is a geostrategic attribute.

Still, I guess it's his job to spin it.

Cheers
F

 

[Azzler]

Graeme has given us a wink too ....

View attachment 36352

What forum is this from @Retrobyte ?

 

[Rediah]

What forum is this from @Retrobyte ?

LinkedIn

 

[Samus]

Hopefully it's a wink and not a wank. We've been wanked raw.

 

[John Reed]

Good find. Looks to be a 14 year+ dispute. I wonder what assets DRC has internationally. You would not think they would have too much especially if DIGOIL takes $600 million of these assets. How much will be left for AVZ haha? DRC seem to have agreed to negotiate but nothing has been paid yet.

The possibility of taking Zijin's assets could be lucrative as they have billions all over the world. Especially given there is evidence that Zijin's purchase of the 15% was not legal under DRC law and has no legal effect. How satisfying would it be to take some of their established mines off them?

The question is how would AVZ fund the 10-15 year battle.


Another article on DIGOIL:

https://africabriefing.org/us-court-ruling-could-allow-sa-oil-firm-to-seize-drc-assets/

A US court has confirmed a $619 million international arbitration award against the Democratic Republic of Congo (DRC), potentially enabling a South African junior oil company to begin proceedings to seize DRC commercial assets in America.


A federal judge in Washington last week granted DIG Oil’s motion for recognition and confirmation of a decision made by the Paris-based International Court of Arbitration in November 2018. The ruling is the latest development in a 14-year dispute between the firm and the DRC over oil rights.


DIG Oil ‘is seriously considering commencing enforcement proceedings in various international jurisdictions, seeking the full amount due to us,’ CEO Andrea Brown said by email.


The French tribunal determined that the DRC’s government failed to honour two production-sharing contracts signed when former president Joseph Kabila was in power and should pay DIG Oil $617.4 million. With costs, the Johannesburg-based company says it’s owed $619 million.


The oil ministry granted DIG Oil a contract for blocks in the centre of the country in December 2007, and another permit on Lake Albert to a group of investors including the company a month later.


The arbitration court agreed with DIG Oil that the DRC violated the second agreement by reallocating the Lake Albert licence in 2010 to a company controlled by Israeli billionaire Dan Gertler and failed to deliver presidential approval for the other blocks ‘within a reasonable time.’


The DRC, one of the world’s poorest countries, only had $671 million in reserves at the end of February, according to the most recent central bank data.


The award is registered in DIG Oil’s favour ‘with the same force and effect’ as if it ‘were a final judgment of this court,’ district judge Richard Leon ordered. The company filed the lawsuit in the US in 2020 and the DRC government was subsequently declared in default for failing to respond to a summons.


Discussions on a potential out-of-court settlement have faltered, according to Brown.


The government of President Felix Tshisekedi decided in May 2020 ‘to negotiate formally’ with DIG Oil and both sides ‘approved in principle’ a draft deal in December, she said.


Nine months later, ‘we have been very disturbed that no settlement agreement has been signed,’ Brown said.


A spokesperson for DRC’s government and another spokesperson for Tshisekedi didn’t immediately reply to messages seeking comment.

We can safely say the PRC Chinese government is complicit as well.

 

[TDITD]

Don't be fuckin' stupid.

 

[Juba1845]

Let's not rule out fact that CKK's days are numbered.He is a filthy grub and an embarrassment to his country .

 

[Spikerama]

Put it this way.

Replace the captions with
1. Posting hard hitting but factful arguments and communications on twitter to call out rampant DRC corruption.
2. Posting lowball disgusting, demeaning memes about specific officials.

 

[Dijon101]

Hopefully it's a wink and not a wank. We've been wanked raw.

With a cheese grater

 

[Winenut]

Hopefully it's a wink and not a wank. We've been wanked raw.

Yeah that grater thing.....whoah!

 

[MoneyBags1348]

Put it this way.

Replace the captions with
1. Posting hard hitting but factful arguments and communications on twitter to call out rampant DRC corruption.
2. Posting lowball disgusting, demeaning memes about specific officials.

Definitely 1. Spike

I think they are on Facebook as well (and probably Chinese porn forums like peter clark, who I suspect is that bloke in the photo in bed with teabag but that’s just between us)

 

[TDITD]

Put it this way.

Replace the captions with
1. Posting hard hitting but factful arguments and communications on twitter to call out rampant DRC corruption.
2. Posting lowball disgusting, demeaning memes about specific officials.

Yea mate don't agree with doing a number 2, but of course everyone has to its just part of life.

Certainly don't agree in the slightest that the meme was lowball or disgusting, let's not go full woke mode. These criminals have been taking the piss for far too long. If you think that was bad, oooooh you will love what I'll be doing if they fuck us over!!!

Demeaning.........well I'd say he has done a pretty good job of that himself, its certainly arguable that was an accurate meme of him, Jesus have you watched the interviews he does?

If the corrupt cant handle some satire thats all on them.

likewise us if we cant have a laugh cos the nutters come out to 'moderate' us

 

[TDITD]

Let's not rule out fact that CKK's days are numbered.He is a filthy grub and an embarrassment to his country .

his days better be numbered, he has gone bonkers. The fact he is so bold in his craziness suggests he has higher backing. He is on a mission to destroy DRCs mining investment attractiveness, what little they have/is left.
Watching him thinking any moment now PR05 is gonna drop the hammer on him............

 

[cruiser51]

his days better be numbered, he has gone bonkers. The fact he is so bold in his craziness suggests he has higher backing. He is on a mission to destroy DRCs mining investment attractiveness, what little they have/is left.
Watching him thinking any moment now PR05 is gonna drop the hammer on him............

You need a full size anvil to penetrate that thick skull.
I am still gobsmacked what he was saying during his interview with JMK.
He said there that he wanted to take control over the Manono project.
A bit odd if you just sold 15% of your 25% holding for a bag of lollies, and gave 5% away to another mob for free.
The only work the other mob did on the Manono lease was litigate everything that moved.

But it is obvious what CKK wants, after asking an advance on Dathcom's dividends.
Re-posses and resell.
It looks like CKK and Kong drink in the same pub, maybe they even had the same father, who knows.

 

[Sparrowhawk12]

Anyone who has read my comments knows…. I don’t like being here, but I do it because I want AVZ to succeed. Not just for me, also for shareholder’s I have developed relationships with as well as the poor people of Manono.

I’m holding off for the moment, but still gathering information and looking at ways to add it to any media promoting the DRC MINING WEEK events in June and September.

Mupande, CAMI and THE VUKA GROUP are front and centre of these events and if they want to keep fucking us around and now taking us off the CAMI portal, then we might as well let international investors know what doing business in the DRC involves.

I’m attaching my latest post on the DRC MINING WEEK thread and the link so shareholders can reach all the information on it. I don’t want comments tying the thread up, just want the facts clearly presented. I’ve provided clear facts and information, it’s up to shareholders to decide what they want to do

I’m not sure how many shareholders read this thread…. But there is more than enough evidence of corruption and extortion in the DRC mining sector to inform potential international investors ahead of the two DRC MINING WEEK events (June and September).

The evidence includes AVZ Minerals work (over the last 6 years in the DRC) developing the Manono Lithium Project as the majority shareholder in Dathcom, and includes the recent ICC (International Court of Arbitration) ruling, declaring Cominiere’s attempts to terminate AVZ’s partnership in the Dathcom joint venture as unlawful.

The evidence also shows that CAMI has now removed AVZ Minerals from holding the Exploration Rights (PR) on the 13359 tenement on the Landfolio Cadastre Map Portal

https://static1.squarespace.com/sta...230417+New+legal+action+to+affirm+interests+i

DRC MINING WEEK 2023

Here is the agenda of DRC Mining Week 2023 scheduled for June 14 to 16 in Lubumbashi As announced, DRC Mining Week opens its doors from June 14 to 16, 2023 at Karavia Hotel in Lubumbashi in the province of Haut-Katanga in the Democratic Republic of Congo (DRC). The day of June 14, 2023 is...

thestockexchange.com.au

Hi @MoneyBags1348, love your threads. I'll help with DRC Mining Week campaigns. Let me know what you want. Br Sparrowhawk

 

[DoubleA]

Let's not rule out fact that CKK's days are numbered.He is a filthy grub and an embarrassment to his country .

Certain people are saying the acting head of Cominiere and Zijin will both be gone in a month.

Pretty hard to believe.

 

[Hudnut]

Certain people are saying the acting head of Cominiere and Zijin will both be gone in a month.

Pretty hard to believe.

I heard the ML was imminent. I don't believe much that I hear these days.

 

[Juba1845]

Certain people are saying the acting head of Cominiere and Zijin will both be gone in a month.

Pretty hard to believe.

Heard similar regards CKK.

 

[RHyNO]

Y’all are crazy, these are all just spurious claims with no merit….being made by the government and their representatives….the “best bod on the asx” will take care of all of it that’s why they need to be paid more than every other trading stock BOD! We are in good hands. Hands that belong to people that don’t see it imperative to talk to us or let us sell their dogshit stock when the government shuts down our “legitimate” claim to our resource. Fuck all of them they should have given the Chinese what they wanted and worked with the corrupt cunts. No not big balls private school cunt from Tasmania. He couldn’t bare it!