AVZ Discussion 2022

[Samus]

I think some maybe missing the point with the fact that ICSID is actually part of world bank.

World bank has been approving cash injections into DRC and being the source of improved access to community infrastructure and community-based reintegration programs etc ; 2 injections one at $900m and another at $250m have been approved over the last 4 months mainly targeting issues in the Eastern Provence’s ….. FT was given a $1m token for the eastern Provence’s issues on his visit to China.

3 weeks ago world bank pulled the handbrake on funding for humanitarian and development projects in the DRC worth more than $1 billion due to typical fuckery around large rooms of cash . FT was pretty quick to react and get the issues levelled out again.

Problem for DRC is that AVZs request for arbitration effectively through world bank doesn’t go to smooth out US corruption concerns and the funding sphincter has likely contracted somewhat , as new funding requests are highly likely to come with added Q&A pages . AVZ have followed the mining code and have been above board ; DRC ministers who would typical be used to channel funding to their required pigeon holes …. Well it’s proving , that they are not following rules … so would one be trusting enough, that the ministers are distributing the cash into all the appropriate accounts?

FT needs to be showing that corruption is on the decline ,as opposed to running around pouring trying to putting out reoccurring patch fires on a very regular occurrence .

Also it’s work googling advantages of ICSID v ICC .

It’s a request for ICSID at the moment ; so does FT want to come to the table and work it out or get another couple of amber watchdog lights lit up , send Manono into 1-3 year marathon whilst the rest of the lithium explorers start to move ahead and start production ; whilst at the end the ICSID would likely award it at the end anyway.

We've had a series of overwhelmingly negative announcements and yet shareholders come up with all sorts of fanciful ways of somehow turning them into a positive or a great win by the legendary BOD.
To me none of anything that has transpired over the past 13 months provides any form of confidence in this company or in working with the DRC moving forward.
You are probably right about all the above but I've given up keeping track or really caring, beyond wanting access to my funds anyway.
At this point my thoughts are that management need to entertain a takeover by whatever means necessary both to save their own skin and to free investors from this ongoing shitshow.
Hopefully this is the start of that process.
Who'd buy a stake in this crap for anything close to fair value I don't know. Maybe we'll see.

 

[John25]

We've had a series of overwhelmingly negative announcements and yet shareholders come up with all sorts of fanciful ways of somehow turning them into a positive or a great win by the legendary BOD.
To me none of anything that has transpired over the past 13 months provides any form of confidence in this company or in working with the DRC moving forward.
You are probably right about all the above but I've given up keeping track or really caring, beyond wanting access to my funds anyway.
At this point my thoughts are that management need to entertain a takeover by whatever means necessary both to save their own skin and to free investors from this ongoing shitshow.
Hopefully this is the start of that process.
Who'd buy a stake in this crap for anything close to fair value I don't know. Maybe we'll see.

Management SAM has’nt been sighted or heard from since AGM…almost 7 months ago …who knows whats going on in this shit show but even a little SH communication wouldnt go astray

 

[bloke383]

 

[9cardomaha]

Not impressed.... Can someone come fetch me out of this hole - been spiralling

 

[JasonM]

View attachment 38202
Not impressed.... Can someone come fetch me out of this hole - been spiralling

certainly been another roller coaster week of emotions. are you still feeling comfortable with your call that zijin is out?

 

[TDITD]

View attachment 38202
Not impressed.... Can someone come fetch me out of this hole - been spiralling

Cominiere on twitter making out DRC has taken the tenement off of us and are literally nationalising it.

One week we are good, next week they are good

Only thing for sure is thaif we have played this by the book, so if this goes to arbitration we win. It looks like they want to play who blinks 1st until then.... not a very intelligent move but totally lines up with their mo so far

 

[Xerof]

It's a case of sellers remorse all round for these pricks, first Cong, now COMINIERE.

 

[Dijon101]

Cominiere on twitter making out DRC has taken the tenement off of us and are literally nationalising it.

Wouldn't even count the Cominiere twitter account as official.

 

[Xerof]

Wouldn't even count the Cominiere twitter account as official.

Both Kiki and Franck are replying to him, so unless they are being sucked in too......

 

[Winenut]

View attachment 38202
Not impressed.... Can someone come fetch me out of this hole - been spiralling

To cheer you up I'll cover todays stock news for you...

Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued their slow decline. Weights were up in heavy trading.
Mining equipment hit rock bottom. Diapers remained unchanged. The market for raisins dried up. Balloon prices were inflated. And toilet paper touched a new bottom.

That last one gets me every time

 

[Winenut]

One more for ya...

 

[RHyNO]

That cominiere twitter account is fake. No tick. Like a mining company in SA would bother having a twitter and then just bait AVZ holders. I’m calling bullshit. Joined May 2023.

 

[wombat74]

Most likely CKK’s good mate Mills Tshibangu I reckon ; sounds like a typical third rate Journo ; doesn't have a clue about what he's going on about, but tries to spin a story whilst trying go convince you it's true, even though logic points to it's absolute horseshit and the story teller must be a dumb fark.

This idiot keeps spitting the dummy because all attempts to intimidate AVZ into doing what they want keep failing .

 

[Roon]

That cominiere twitter account is fake. No tick. Like a mining company in SA would bother having a twitter and then just bait AVZ holders. I’m calling bullshit. Joined May 2023.

After seeing that TV interview, which occurred around a similar time as this Twitter account was set up, I wouldn't actually put it past CKK to use this medium to attempt to push forward Cominiere's position. Just as likely bullshit, but it wouldn't necessary be that far afield from what I've seen of him...

 

[TDITD]

Most likely CKK’s good mate Mills Tshibangu I reckon ; sounds like a typical third rate Journo ; doesn't have a clue about what he's going on about, but tries to spin a story whilst trying go convince you it's true, even though logic points to it's absolute horseshit and the story teller must be a dumb fark.

This idiot keeps spitting the dummy because all attempts to intimidate AVZ into doing what they want keep failing .

Agreed, the criminals are failing so are trying to bait in desperation.
It's definitely a top-shelf moron so cannot count out that its not CKK, his interviews were exceptional, bloke should have a helmet on at all times.
The mental gymnastics used are admirable, but the logic is non-existent.

If the Government actually fell for this unintelligible drivel, It'd be a sure as shit sign to sell and run.

 

[TDITD]

To cheer you up I'll cover todays stock news for you...

Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued their slow decline. Weights were up in heavy trading.
Mining equipment hit rock bottom. Diapers remained unchanged. The market for raisins dried up. Balloon prices were inflated. And toilet paper touched a new bottom.

That last one gets me every time

What a shitty outcome for that last one

 

[Frank]

Fyi, There's some Ripping Posts on the Crapper that i'm Not going to Copy / Paste here, but

If any of you are interested in hearing more on Scarpa's thoughts on our Fishy story

*A corruption mess this has become, and the rotting fish head is all the way to the top, IMO.

*You wouldn't take the President of the DRC to court if you didn't think he was part of the problem, end of story.

His reply to Amovatio and Wombat

Then the Crapper is where its at

With Plenty of Food for thought

If you can stomach the Stench

Cheers

Frank

 

[Flight996]

View attachment 38202
Not impressed.... Can someone come fetch me out of this hole - been spiralling

Mate, I'm quietly confident of a negotiated resolution sooner rather than later. However, I am not Nostradamus.

The latest move by AVZ is internationally embarrassing for Kinshasa, and particularly so while it's in election mode.

It effectively halts the 2022 Zambia-DRC-USA MoU on electric battery manufacture, and the agreement to establish Special Economic Zones (SEZ) for the production of Battery Electric Vehicles in DRC and Zambia sponsored by the United Nations Economic Commission for Africa (ECA) and the African Export-Import Bank (Afreximbank).

It also shines the international spotlight on the butt-crack of this totally corrupt machine, and potentially puts at risk billions of dollars of World Bank and IMF funding tied to progress made in fighting corruption and improving governance.

As this thing unfolds and more corruption comes to light, the less appealing is the DRC for international commercial investment. The DRC has a clear interest in getting this solved quickly and off the front pages so it can go back to business as usual (milking international aid). China, however is probably salivating at the thought of a long gestation.

Oh, and happy birthday Chuck.

Cheers
F

 

[Carlos Danger]

You wouldn't take the President of the DRC to court if you didn't think he was part of the problem, end of story.

The three respondents listed in the ICSID case are the same three DRC officials that received a copy of Nigel's February 3rd letter regarding the survival of Dathcom's acquired rights. Most likely Felix being named is just a formal continuation of management and their lawyers legal reasoning on this matter imo

Worth noting that a copy of the letter was sent to two other parties. The Australian embassy for the DRC in Zimbabwe. And the DRC embassy de la gringos.

 

[RHyNO]

Settlement indeed! Give me $4.50 and I’m gone!