Same things they've always known.I notice Jens, Deboss, qball on HC, all still with the positive “all is well” take.. ‘shorters/trolls gonna eat shit’. Well I’d like to know what they know then cause this announcement isn’t exactly uplifting.
Just blind positivity?
Honestly one would think this is 'end game'Same things they've always known.
FUCK ALL
Making shit up or wishful thinking reported as fact or bs from management uncritically reported as fact which allows them to massage their oversized egos.
No better than trolls imo
Stop buying fukking Chinese wash pegs for starters, that will fukkum.I reckon it's gloves off ffs
No respect for the law, no respect for adhering to the mining code, no respect for doing the right thing, no respect for promoting "non-corrupt" conduct, no respect for the work done and millions invested, no respect for genuine "win-win" arrangements
We've witnessed the illegal selling off of assets, underhand deals, complete disregard for the IGF and it's findings, impotence from the highest levels of government, identified embezzlement within Govt and it's departments and ministries, observed complete disregard for the ministerial decree awarding Dathcom the mining license after fulfilling ALL requirements and now we're fucking here....
Jesus fucking christ
I'm not listening to the cnts telling me to back off calling out corruption or attacking the degenerate bribe taking officials anymore
My investment is as good as fucked due to the fucking backhand Chinese companies promoting corruption and the fucking weak as piss DRC officials who are selling out their own people to line their own fucking pockets
What a complete fucking disgrace....
Sorry if I've confused anyone or everyone. I thought I was being positive, with over a mill shares at avg of $0.17 obviously LTH.Fuck off Pedo
You're exactly the type of poster I just identified......
You new here huh ??Starting to get a nervous fucking tic whenever anyone mentions Africa
I would say prior to a damages claim, the final drilling results, the original results of CdL and the revised BFS will be produced, to justify an eye-watering damages claim, which even Zijin will give an extremely unpleasant bitter taste in their mouth.
If there was an offer on the table around 1.5 wouldn't this have been communicated to shareholders? Though it was AVZ I'm talking about i guess, it's probably immaterial and spuriousAVZ are not going to mine, this in my opinion is thier last ditch effort to secure a mining licence though negotiated means prior to TO.
The two outcomes for AVZ IMO are TO without mining licence or TO with mining licence.
Rumour has it there is currently an offer on the table as the project stands, without the mining licence circa $1.50.
If we can force the Governments hand into issuing us a ML, then that price in my opinion increases to around $3.50.
Make no mistake about it, the board are doing everything they can to maximise shareholder value and they have my full support.
In a perfect world DRC would have issued the mining licence as we all thought they would have. But most of us underestimated the corruption and the squeeze the Chinese have over the DRC. There were a few posters who rightfully recognised this risk.
The non issuance on the mining licence was and is a result of the Chinese exerting pressure through nefarious means. The Chinese have long held the belief that if we don't get the mining licence then they can just take our project for little or nothing. They've had plenty of opportunities to pay fair price for the project but that's just not how they do business. Unfortunately for them this arrogance has not served them well.
The Chinese have underestimated Nigel and our BOD and they have also underestimated the DRC.
As much as shareholders feel animosity towards DRC Government officials I believe they want to do the right thing and break away from Chinese influence, but as we know it's not easy and the Chinese will not give up without a fight. They have deep pockets and will use any means necessary to maintain influence. They are an unrivaled force in the DRC and breaking away from their stranglehold will take time, but there have been encouraging signs.
This ICSID arbitration process allows the DRC Government an opportunity to rule against Chinese wishes with limited backlash as this forum carries the weight required to go against the Chinese. I'm sure It's the decision they would have liked to have made in the first instance, a decision that would have been hard to make with the Chinese standing over you holding a gun to your head.
All my opinion (apart from the rumours)
I doubt there's an offer on the table but if there is it doesn't make sense to make it public especially when the company is trying to obtain a ML.If there was an offer on the table around 1.5 wouldn't this have been communicated to shareholders? Though it was AVZ I'm talking about i guess, it's probably immaterial and spurious
Don't worry, dark forces are at work.Sorry guys I lost the plot......
I have deleted a bunch of my frustrated venting posts
Apologies if I offended anyone
all good. i got modded for mine but probably a good thingSorry guys I lost the plot......
I have deleted a bunch of my frustrated venting posts
Apologies if I offended anyone
I agree with this 100% and is exactly my thought process. It finally gives us a valid reason now to move forward and accept a TO. Not a good look from both sides when we say we are serious miners and flip it for $10B. This news has certainly rattled the trolls as they are coming out in full force.The two outcomes for AVZ IMO are TO without mining licence or TO with mining licence.
Rumour has it there is currently an offer on the table as the project stands, without the mining licence circa $1.50.
If we can force the Governments hand into issuing us a ML, then that price in my opinion increases to around $3.50.
Even if we don't get the ML, the price has just gone up. The DRC can influence the buyer to pay the $2.50 so the arbitration case can be dropped.
Make no mistake about it, the board are doing everything they can to maximise shareholder value and they have my full support.
In a perfect world DRC would have issued the mining licence as we all thought they would have. But most of us underestimated the corruption and the squeeze the Chinese have over the DRC. There were a few posters who rightfully recognised this risk.
The non issuance on the mining licence was and is a result of the Chinese exerting pressure through nefarious means. The Chinese have long held the belief that if we don't get the mining licence then they can just take our project for little or nothing. They've had plenty of opportunities to pay fair price for the project but that's just not how they do business. Unfortunately for them this arrogance has not served them well.
The Chinese have underestimated Nigel and our BOD and they have also underestimated the DRC.
As much as shareholders feel animosity towards DRC Government officials I believe they want to do the right thing and break away from Chinese influence, but as we know it's not easy and the Chinese will not give up without a fight. They have deep pockets and will use any means necessary to maintain influence. They are an unrivaled force in the DRC and breaking away from their stranglehold will take time, but there have been encouraging signs.
This ICSID arbitration process allows the DRC Government an opportunity to rule against Chinese wishes with limited backlash as this forum carries the weight required to go against the Chinese. I'm sure It's the decision they would have liked to have made in the first instance, a decision that would have been hard to make with the Chinese standing over you holding a gun to your head.
All my opinion (apart from the rumours)
You out when this trades again?Whichever way you look at it this is a fucking mess, if we can get to the point where someone makes a reasonable takeover offer then good. Who wants to go mining in this shit box country at this point anyway?
No thanks.