AVZ Discussion 2022
- Thread starter GazDix
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Rediah
Regular
Not true, at least 10 years ago. Politics have changed though in HK.
Samus
Top 20
Umm
Chinese miner Zijin locks horns with Australia’s AVZ over Congo’s Manono Lithium Mine
Zijin Mining, one of China’s largest gold and copper miners, is entangled in a legal dispute with Australian miner AVZ Minerals over the purchase of a stake in one of the most important lithium projects in the world.
www.google.com
MoneyBags1348
Top 20
You could ask yourself whether it was more likely you see this person’s face in a photo holding hands with your daughter or in a photo in handcuffs on a police station wall…. Say’s he keeps an eye on Chinese investment in infrastructure related to energy and metals. Haven’t seen him write anything about how China has ripped off the DRC when it comes to those three things
When you read the article it sounds like Tshisekedi is definitely trying to promote Chinese companies in the processing of lithium around Manono. In my view it is impossible to say he has not known about our situation. On top of that I believe we have been led on by the government the whole time we have been developing Manono and I hope Nigel tears them a new arsehole in the arbitration cases
@BEISHA I believe you have been spot on the whole time mate
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MoneyBags1348
Top 20
Here is a link related to the World Bank and the DRC Mining Cadastre. It has useful information and is worth a read ahead of the arbitration case in the US. It’s 96 pages long but you can refer to the index at the front and go straight to the information you want
I’m not going to spoil anyone’s surprise by telling you what I read, at this time of night I just want to relax, but I reckon it’s well worth a read
Bray
Regular
Stockinvesting
Regular
Hi all.
FWIW a couple of thoughts. All IMO of course.
There's been little to no news since the last announcement of AVZ suing the DRC government. A great sign. Why? They were blindsided. Outplayed. CHECK MATE.
The evil, malicious forces working against us did not see this coming IMO. They thought wait 'em out, bleed 'em dry.
Well played BOD.
After speaking with a laywer friend of mine, I opine. These are just my musings but I believe they have merit.
As there is now a live litigation over ownership, amongst other things, the tenement can't be given to any other party, nor, can another party claim any ground, lease, ownership percentage etc., until AVZ's court case is adjudicated on.
The sole parties to the action are AVZ and the DRC Government.
The DRC government's hand has been forced. They simply can't let this play out before the courts IMO. They cannot afford to let all their dirty, filthy washing be aired. Can they? NO IMO.
I believe we'll get a favourable announcement sooner, not later, and it'll be a doozy. I lean toward a TO but we'll see.
Food for thought? Stay positive everyone.
FWIW a couple of thoughts. All IMO of course.
There's been little to no news since the last announcement of AVZ suing the DRC government. A great sign. Why? They were blindsided. Outplayed. CHECK MATE.
The evil, malicious forces working against us did not see this coming IMO. They thought wait 'em out, bleed 'em dry.
Well played BOD.
After speaking with a laywer friend of mine, I opine. These are just my musings but I believe they have merit.
As there is now a live litigation over ownership, amongst other things, the tenement can't be given to any other party, nor, can another party claim any ground, lease, ownership percentage etc., until AVZ's court case is adjudicated on.
The sole parties to the action are AVZ and the DRC Government.
The DRC government's hand has been forced. They simply can't let this play out before the courts IMO. They cannot afford to let all their dirty, filthy washing be aired. Can they? NO IMO.
I believe we'll get a favourable announcement sooner, not later, and it'll be a doozy. I lean toward a TO but we'll see.
Food for thought? Stay positive everyone.
MoneyBags1348
Top 20
I think this is the section I liked but I’m going to log off for the night Bray…. I hope the link and pages in this section provide some relief to shareholders
Bray
Regular
Big fan of 2nd last core principle
For them not to want their dirty laundry aired they would require an embarrassment gene. Which as another poster has surmised they do not have. I think it must just disappear once you become one of the elite in drc.
- Security of title. The license or the mineral right cannot be suspended or revoked except on specific grounds, which must be objective and not discretionary, and which must be clearly specified and detailed in the legal framework.
I think it's quite important to not that it is NOT just AVZ.
As per the announcement, Dathcom itself is also a claimant.
To me, the DRC-based company also being a claimant against the DRC gov is very different to if it was just some foreign-owned company.
And remember that Dathcom is that is the SOLE OWNER of the exploration/exploitation permit - all the ownership disputes have been about ownership of Dathcom, while Dathcom itself is the undisputed rights holder (right?). So to me it means a lot that they are also part of the claim.
Frank
Top 20
*Meanwhile, Back at the Farm, the Home of Kabila re:- The Days of our DRC Lives
The former President of the Republic gathered his followers and announced that he would soon address the Congolese.
For months the former President of the Congolese Republic has been playing the card of discretion.
More than four years after leaving power, more than two years after being dribbled over by Félix Tshisekedi whom he had appointed to succeed him without taking into account the will of the ballot box, Joseph Kabila is back at the front of the stage.
Why this return?
Joseph Kabila no longer had the right to silence. In the home stretch ahead of the presidential and legislative elections announced for December 20, the "moral authority" of the Common Front for Congo (FCC), which remains a structure that weighs on Congolese life despite the defection of very many deputies and senators who succumbed to the briefcases of greenbacks and the luxury cars distributed by the presidency of Tshisekedi, had to set a course if he wants to keep those who have remained faithful to him.
www.mediacongo.net/article-actualite-123369_sortie_mediatique_de_kabila_pour_quelles_raisons_et_consequences.html
Media release of Kabila: The risky bet of Raïs
Without a doubt.
There will be a before and an after appearance on the stage by Joseph Kabila.
It will therefore be little to predict that this comeback will reshuffle the political cards.
And that the lines will move.
The man who is making his political comeback is obviously not just anyone.
Is it still necessary to recall that he was the alpha and the omega of the politico-institutional life of the country for two decades.
Making and unmaking most of the politico-military establishment.
When from his Kingakati sanctuary where he lives almost as a hermit, JKK lets the city and the country know that he has not yet retired, it is not only Social Security that revises and submits its calculations .
The entire national political spectrum and some of our main external partners are preparing to update their software.
With the end of the minimum service in Kingakati, the country is therefore on the eve of a turning point.
The problem is the nature of this turn.
Because, the pedigree of the senator for life Kabila carries as many assets as handicaps, as many advantages as disadvantages.
If he commands esteem and respect, it is precisely because of his status, he flies very high like an eagle.
Going down into the political arena, Joseph Kabila would lend the flank to criticism and especially to blows always going above the belt.
Almost like any political actor.
The risk of seeing this return turn into one fight too many is there.
Because, the political scene that he will return to is no longer quite the same.
To borrow from the sports lexicon, if the playing area is the same, the match is no longer the same.
Many players have changed jackets following or in favor – it depends – of the large transfer window operated by the new coach-sponsor.
In short, a lot of water has flowed under the N’sele bridge.
The challenge for the Raïs is to ensure that his comeback is perceived and above all experienced as that of the last resort of the providential man.
Recourse can, in this case, rhyme with relief.
In fact, nearly five years after the highly scripted transfer of power, the change expected by the silent majority is turning Arlesian.
The Congolese are still subscribed or even stuck – despite themselves – in the same mess.
The indicators of “misery” generally remain as they are.
Already proverbially weak, purchasing power has shrunk further.
That is to say.
Is this enough for the Congolese to absolve the one whom the opposition has demonized by making him responsible for all the cumulative ills of the DRC since its independence?
Nothing is less sure.
Still, since ancient Greece it has been the characteristic of peoples to adore today what they burned yesterday and to burn what they adored yesterday.
There, could reside the key to the enigma of the risky bet of the Raïs.
www.mediacongo.net/article-actualite-123370_sortie_mediatique_de_kabila_le_pari_risque_du_rais.html
Food for thought
Frank
CashKing
Regular
Ninja
status..Pretty much on the mark Onthefm.
The world knows the DRC is dirty, and the DRC knows that the world knows it's dirty...and doesn't care because it has stuff the world needs. It's been dirty since Adam was a boy, and will be dirty well after the sun fades to a little red ball.
Cheers
F
Retrobyte
Hates a beer
Possibly both photos. The second photo soon after the first photo
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