AVZ Discussion 2022

Flexi

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Panther22

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Errr, Flexi, pretty sure that's not appropriate regards to the amazing women out there, not to mention it's Mothers day, not wanting to spell it out but........

CLITS.

The YES campaign, a much better option.
Agree, not appropriate at all.
 
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Frank

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*Fyi, In case anyone missed it, like i did the other Day :rolleyes:


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timb89

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We know that CAMI have been instructed by the minister to get their house in order. In theory that should not affect us as we are subject to transformation (from exploration to exploitation):

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I had missed this tweet from a couple of days back where old mate from Cominiere intends to use his influence over CAMI and use the above audit as a pretext to remove Dathcom/AVZ from register.

He and Mupande must be as thick as thieves…

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I think you're being sensitive. This isn't a liberal arts college.
Look, I think I’m the only one here truely qualified to determine what’s appropriate.
 
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Contrary views or queries are not prejudice. Information assymetry may make one think there is prejudice but on what basis is the purported prejudice built on?

Was the company’s presentation of facts?

Was AVZ hiding bad news?
Yes.

If yes, was it legitimate to hide?
Yes and No.

How did you come to that conclusion?
AVZ clarified directly to me facts related to its (hysterical) May o4 media speculation statement. The IGF started speaking rather than Franck Fwamba’s incomplete snippets.

What about that May 04 statement?
Try reading it again after 12 months and ask as a more informed reader was it generous in clarifying what has been going on?

Are the arguments for non-disclosure by an ASX company based purely on whether a 3rd or 2nd party is acting within or outside the law.
NO.

I saw a lot of prejudice that maintained people’s heads in ostrich holes.

Just remember how great the Apollonian deception was, in Germany at that time April 2022. And the shock something else is going on entirely different. Would you be suspicious about “exit strategies” in a AXINO presentation.
Was there no curiosity about what Fwamba was muttering on Twitter months before?
Anglophones were so in the dark.

The other historical matters I brought up were all precipitated by the 2021 AGM — many here have since concluded there was issues how that meeting was run. I’ve had issues with it for years earlier. And not seeing Michael Hughes presenting not at a later date when fit to do, just wasn’t right for an ASX 200 company. There was a smell

The thing is, I am aware of all that. I am also aware of your constant undermining of AVZ exec’s and BOD and your efforts to encourage a movement against them as well as your efforts encouraging a class action against them.

At the present time we are fighting WITH the company, against a number of corrupt and bribed entities in the DRC and China while YOU continue to undermine us.

No one has forgotten about your relationship with Simon Cong and no one has forgotten about the aliases you use. I’m pretty sure you sold shares then either bought or borrowed more.

One thing is crystal clear, you are not here to support shareholders or AVZ
 
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Der Geist

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The thing is, I am aware of all that. I am also aware of your constant undermining of AVZ exec’s and BOD and your efforts to encourage a movement against them as well as your efforts encouraging a class action against them.

At the present time we are fighting WITH the company, against a number of corrupt and bribed entities in the DRC and China while YOU continue to undermine us.

No one has forgotten about your relationship with Simon Cong and no one has forgotten about the aliases you use. I’m pretty sure you sold shares then either bought or borrowed more.

One thing is crystal clear, you are not here to support shareholders or AVZ

Listen buddy - in your dogmas you don’t understand anything you haven’t learned is not to attack me with your paranoid diatribes.
The thing is, I am aware of all that. I am also aware of your constant undermining of AVZ exec’s and BOD and your efforts to encourage a movement against them as well as your efforts encouraging a class action against them.

At the present time we are fighting WITH the company, against a number of corrupt and bribed entities in the DRC and China while YOU continue to undermine us.

No one has forgotten about your relationship with Simon Cong and no one has forgotten about the aliases you use. I’m pretty sure you sold shares then either bought or borrowed more.

One thing is crystal clear, you are not here to support shareholders or AVZ

A “class action”, please explain this one. This is new.
 
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cruiser51

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If the DRC does not clean up its act of operating with the large brown paper bags under the table policy and can not be trusted to honour its contracts, do not believe a lot of money from the Western world will flow to the DRC.

The DRC will remain handcuffed and depended to the whims of China.

Sri Lanka comes to mind:
China's debt composition in Sri Lanka moved from 0.3 percent to 16 percent between 2000 and 2016. By the end of 2022, China's debt stock in Sri Lanka had reached some US$7.3 billion, amounting to 19.6 percent of Colombo's public external debt.2 Mar 2023

Sri Lanka has been unable to buy goods it needs from abroad. And in May 2022 it failed to make an interest payment on its foreign debt for the first time in its history. This damaged its reputation with lenders, making it even harder to borrow money on the international markets.29 Mar 2023

Sri Lanka's sovereign rating was progressively downgraded and the country was locked out of capital markets and was unable to roll-over maturing sovereign bonds. The IMF in its 2021 Article IV Consultations report concluded that Sri Lanka's public debt was unsustainable.

Is this what Felix T wants as his achievement after his first stint of President of the DRC?

If the DRC continues on its current course it will become a laughing stock in the international investment world, if they haven't already reached that stage.
 
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Flight996

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*Fyi, In case anyone missed it, like i did the other Day :rolleyes:


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Hi Frank

Noting that Cominiere is owned 90% by the DRC government and 10% by a social security and pension fund, the really insidious thing about its request for a loan from AVZ is that, if successful, it could be construed as a bribe. I am 100% convinced that, if the AVZ board was silly enough to agree, Cominiere, Tommy Tosser and other low-life would have publicly bent us over with bribery allegations.

Cheers
F
 
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John Reed

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John Reed

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But like me, those chinese shareholders (and probably most of the others too) paid very little for their shares - well under 10 cents, so the economic value to lose is zippo (even though the theoretical market value has been massive). Opportunity cost only, if they never see their funds again.

The current Chinese shareholders would see it as a sacrifice for the greater good - Zijin has little to lose, CATH has even less, but CHINA has everything to win by trying to screw us

Kunts

don't mean to be seen as taking their side, just having an Eyore moment

too good to be true disney GIF
I doubt it. They too would be muttering how awful their government is.

CATL’s chairman was recently tapped for questions of trust just like Ant Group’s Jack Ma.
 
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John Reed

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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

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Damned if you do dammed if you don’t…

You’ve put a lot of work into this, but I personally would discourage attacks on the Ministry of Mines people.

Everyone knows and they know.

Let’s give it breathing space : once we know we really are screwed then unleash.

Another observation, so few shareholders are active, how could we have an impact? One idea costing $ is Twitter sponsored promotion that could be effective reaching tens of thousands
 
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John Reed

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John Reed

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Just shows how public opinion matters.

Perhaps ICC matters. DRC can’t expect financial aid and not follow International law.
Yes, early on in Tshisekedi’s presidency he was making all the right moves with EU and for massive funding.

Is he still on that track? Or is Manono too hard?

Certainly the IGF calling out the criminality of Cominiere and no follow through on prosecution even a stand down, is perplexing and illogical.

Only AFR and Congo mafia is ignoring it
 
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John Reed

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Listen buddy - in your dogmas you don’t understand anything you haven’t learned is not to attack me with your paranoid diatribes.


A “class action”, please explain this one. This is new.
I wouldn’t take his bait, his checking you out.
Overall like some here, I see your multiple aliases as actually just working out where the truth is and it has been overwhelming. The Cong association is worrisome however what did you mean last year on these threads, by helping Cong?
 
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Was AVZ hiding bad news?
Yes.

If yes, was it legitimate to hide?
Yes and No.

Are the arguments for non-disclosure by an ASX company based purely on whether a 3rd or 2nd party is acting within or outside the law.
NO.
Do you still believe this?

If not, why not?

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John Reed

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The thing is, I am aware of all that. I am also aware of your constant undermining of AVZ exec’s and BOD and your efforts to encourage a movement against them as well as your efforts encouraging a class action against them.

At the present time we are fighting WITH the company, against a number of corrupt and bribed entities in the DRC and China while YOU continue to undermine us.

No one has forgotten about your relationship with Simon Cong and no one has forgotten about the aliases you use. I’m pretty sure you sold shares then either bought or borrowed more.

One thing is crystal clear, you are not here to support shareholders or AVZ
Hey bhags
I think it’s unfair to disparage Der Geist by saying he is constantly undermining BoD. This is simply not true. I just think he speaks his mind and if you’ve been around long enough (criteria: since AVZ picked up Manono) all that he has said has been fair criticism. All the questions on disclosure have been valid. We just don’t like it. Naturally.

At time of AGM the last time Der Geist was here he was simply emboldening shareholders to be ready to stand their ground with a management used to steering down ‘disloyalty’. You’ve also expressed discontent with management so I don’t see why you’re holding Der Geist to a higher standard of examination. It’s because he is seen as a threat and why would he still be a threat. Is there something else we don’t know?
 
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