AVZ Discussion 2022

TDITD

Top 20
18 and change left, there's been a deal done, portion sold etc (money inwards) otherwise whole show is dead in the water with the cash burn rate. So while its always been we're f#cked or not, this gives me confidence we're very safe.
Should be enough for some quality Caps
 
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Powerage

Member
To be honest, its a pretty comprehensive summary of where were at.

Also, from page 4:

”The Company completed its early works program in June 2023, including the construction of the camp to accommodate the initial construction workforce in anticipation of Dathcom receiving its long-awaited mining licence.”

Now I'm not about to read too much into that, but at the very least the optics are strong... Basically boots on ground, completing the early works right up to a few weeks back - this combined with the latest drill campaign does give me some (fragile) confidence. It's our fukken tenement, were fukken progressing it, and as a last resort we'll make a very fukken strong case in arbitration.

2.7Q's left, so call it 6 months to get something concrete awarded and get that CATH cash in the bank.

Stay on target Nige, and GLTAH.

Powerage.
 
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TDITD

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Burn rate includes investing activities which shouldn't need to happen again now that drilling has stopped. So we actually have 4.59 (18.949 / 4.128) quarters of funding available at current cost of operating activities. The key question is what percentage of this operating cost is legal fees and how much can we expect that amount to grow with the additional court cases we now have.
View attachment 41134

Yes was kinda my point, in that its the 'current' cash burn, but we won't be burning that. I poorly articulated.

Cash burn included drilling and early works costs. Both finished now. So have 4 quarters of cash left based on current corporate and legal expenditures.

Yes, current cash burn isn't future cash burn. We are good for a year of 'Imminent' news.
Jokes aside though, we are all good money-wise.

Just awaiting the inevitable on the talks with Government, an outcome that will arrive far before our cash burns out.
 
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Retrobyte

Hates a beer
why are they still working on completing the camp? Assume it's an optics piece but fuck me dead save the money

Wrong. The announcement clearly says the camp has been completed ..... "in anticipation of Dathcom receiving its long awaited mining licence"
 
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eqtrade

Regular
A few photos from the company of the camp completion would be nice.
 
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Cumquat Cap

Regular
Deleted my last comment it was shithouse/emotion driven - cheers
 
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Winenut

Go AVZ!
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Fletch77

Regular
Here is some live footage of T-Bag Tommy reading the Quarterly in preparation for his next Financial Review fairy tale..

jerk off tv land GIF by #Impastor

im horny jack nicholson GIF
 
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Samus

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16153886431951.jpg

“Lisette Kabanga Tshibwabwa notably justified the legality of lobbying in the DR Congo”

Lithium: COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga​

July 31, 2023
Kiki Kienge


By Kiki Kienge
Lithium the ore of the century, that of the eclectic batteries which the whole world is fighting to get in possession of, lithium is a strategic metal for the energy transition, saying the same for the future of our planet, it is also a metal considered critical due to the great risk of its supply by its rarity.
But here we are, in the DR Congo following the politicization of the file, the lithium project of Manono in Tanganyika which should make the DR Congo one of the giants in the world and a main player in the energy transition, in particular to restore the letters of nobility to the country of Lumumba in the global mining sector, is almost at a standstill.
The Minister of Mines of Congo, Antoinette N'Samba Kalambayi by a decree signed on January 28, 2023, had suspended the Exploitation Permit (PE13359) of the joint venture DATCOM granted in April 2022 after the feasibility study of the Australians of AVZ MINERALS, a 75% partner in DATHCOM, following accusations by the state-owned company COMINIERE and hastily in DATHCOM.
COMINIERE had accused AVZ MINERALS of having taken the project and the joint venture hostage, DATHCOM in that it conducted the research and management of the joint venture without involving it from start to finish, in particular of not having not actually done any research.
"The revelations come from a very serious Australian newspaper, which says that it has six million US dollars, which should be paid to a Congolese intermediary, I don't know if it's Mr. Marius Mihigo," said the director . acting general of COMINIERE, Célestin Kibeya accusing the lobbying and mediation of Mr. Marius Mihigo on behalf of AVZ MINERALS.
In reality, AVZ MINERALS had used the service of Marius Mihigo for intermediation (lobbying) in DR Congo, to promote the image of the company and facilitate contacts with the administrations and decision-making authorities of the Manono lithium file, a legal work and legalized, notably recognized in DR Congo and around the world.
Namely that Mr. Mihigo and his company are not paid by the Congolese State, nor with Congolese taxpayers' money, but by private funds from the company, AVZ MINERALS, so Australians are free to choose who and how should work for itself and will only have to report to its shareholders.
But here it is, the same state company accusing of the intermediation of Marius Mihigo, COMINIERE had recourse to Mrs. Lisette Kabanga Tshibwabwa , then responsible for the office of the security adviser of President Félix Tshisekedi , Mr Jean-Claude Bukasa , in particular member and Deputy National Secretary UDPS in relation with the socialist international and the progressive alliances of the UDPS ruling party for the same work.
For having "presented" the Chinese group ZIJIN to COMINIERE and the Congolese State through the Ministries of Mines and the Portfolio, (presented in doubt, since the latter were already in contact with the Chinese of ZIJIN in other projects ).
Mrs. Lisette Kabanga Tshibwabwa and her company Focus pleading , created in 2020, received a retrocommission of US$1,600,000 simply for their lobbying in the sale, or the sell-off according to the IGF (Inspection Générale des Finances) of 15% of the shares of la COMINIERE in DATHCOM, at a paltry sum of US$33,000,000 than the US$150,000,000 of the true market value at the time of the sale.
Mrs. Lisette Kabanga Tshibwabwa contacted on this 15% sale file, had recognized her work of intermediation between the Chinese of ZIJIN and COMINIERE, her stamp of 1,600,000 $US, in particular to justify the legality of lobbying or prohibition in Rd congo.
Because then, why the same COMINIERE through its director, Céléstin Kibeya and some advisers of the Head of State, Félix Tshisekedi castigate and consider the same work of intermediation of Mr Marius Mihigo for a private group, which is AVZ MINERALS ?

 
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Fletch77

Regular
16153886431951.jpg

“Lisette Kabanga Tshibwabwa notably justified the legality of lobbying in the DR Congo”

Lithium: COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga​

July 31, 2023
Kiki Kienge


By Kiki Kienge
Lithium the ore of the century, that of the eclectic batteries which the whole world is fighting to get in possession of, lithium is a strategic metal for the energy transition, saying the same for the future of our planet, it is also a metal considered critical due to the great risk of its supply by its rarity.
But here we are, in the DR Congo following the politicization of the file, the lithium project of Manono in Tanganyika which should make the DR Congo one of the giants in the world and a main player in the energy transition, in particular to restore the letters of nobility to the country of Lumumba in the global mining sector, is almost at a standstill.
The Minister of Mines of Congo, Antoinette N'Samba Kalambayi by a decree signed on January 28, 2023, had suspended the Exploitation Permit (PE13359) of the joint venture DATCOM granted in April 2022 after the feasibility study of the Australians of AVZ MINERALS, a 75% partner in DATHCOM, following accusations by the state-owned company COMINIERE and hastily in DATHCOM.
COMINIERE had accused AVZ MINERALS of having taken the project and the joint venture hostage, DATHCOM in that it conducted the research and management of the joint venture without involving it from start to finish, in particular of not having not actually done any research.
"The revelations come from a very serious Australian newspaper, which says that it has six million US dollars, which should be paid to a Congolese intermediary, I don't know if it's Mr. Marius Mihigo," said the director . acting general of COMINIERE, Célestin Kibeya accusing the lobbying and mediation of Mr. Marius Mihigo on behalf of AVZ MINERALS.
In reality, AVZ MINERALS had used the service of Marius Mihigo for intermediation (lobbying) in DR Congo, to promote the image of the company and facilitate contacts with the administrations and decision-making authorities of the Manono lithium file, a legal work and legalized, notably recognized in DR Congo and around the world.
Namely that Mr. Mihigo and his company are not paid by the Congolese State, nor with Congolese taxpayers' money, but by private funds from the company, AVZ MINERALS, so Australians are free to choose who and how should work for itself and will only have to report to its shareholders.
But here it is, the same state company accusing of the intermediation of Marius Mihigo, COMINIERE had recourse to Mrs. Lisette Kabanga Tshibwabwa , then responsible for the office of the security adviser of President Félix Tshisekedi , Mr Jean-Claude Bukasa , in particular member and Deputy National Secretary UDPS in relation with the socialist international and the progressive alliances of the UDPS ruling party for the same work.
For having "presented" the Chinese group ZIJIN to COMINIERE and the Congolese State through the Ministries of Mines and the Portfolio, (presented in doubt, since the latter were already in contact with the Chinese of ZIJIN in other projects ).
Mrs. Lisette Kabanga Tshibwabwa and her company Focus pleading , created in 2020, received a retrocommission of US$1,600,000 simply for their lobbying in the sale, or the sell-off according to the IGF (Inspection Générale des Finances) of 15% of the shares of la COMINIERE in DATHCOM, at a paltry sum of US$33,000,000 than the US$150,000,000 of the true market value at the time of the sale.
Mrs. Lisette Kabanga Tshibwabwa contacted on this 15% sale file, had recognized her work of intermediation between the Chinese of ZIJIN and COMINIERE, her stamp of 1,600,000 $US, in particular to justify the legality of lobbying or prohibition in Rd congo.
Because then, why the same COMINIERE through its director, Céléstin Kibeya and some advisers of the Head of State, Félix Tshisekedi castigate and consider the same work of intermediation of Mr Marius Mihigo for a private group, which is AVZ MINERALS ?


“The revelations come from a very serious Australian newspaper”

It makes me want to throw up every time I hear Tommy’s hit piece fairy tales referenced by detractors…
 
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Samus

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blu

Regular
I'm liking the relative radio silence from the WeChat group today, feel like there is some imminent progress in the works, and everyone is keeping Mum. There also seems to be, according to my source, outside of TSE & HC forums, chatter about some sort of resolution.
Proof will be in the pudding.
 
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Gmailuser

Emerged
I'm liking the relative radio silence from the WeChat group today, feel like there is some imminent progress in the works, and everyone is keeping Mum. There also seems to be, according to my source, outside of TSE & HC forums, chatter about some sort of resolution.
Proof will be in the pudding.
Everyone too busy getting the Matilda’s home and now trying to do the same for Cummins and his boys.
 
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blu

Regular
Matilda's were pretty impressive, if the rain can fuck off would be great to see Cummin's et al deal the Pomms a convincing defeat 🍻
 
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CashKing

Regular
Everyone too busy getting the Matilda’s home and now trying to do the same for Cummins and his boys.
You won’t last long
 
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pow4ade

Regular
You won’t last long
Don't bet on it. Matildas tonight showed their brilliant form over last 12 months beating teams like England, Spain, France and Sweden. To beat Olympic champions Canada 4-0 without Kerr was a demolition. Currently $10 to win the Cup:

Screenshot_20230801_001541.jpg
 
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Fletch77

Regular
Don't bet on it. Matildas tonight showed their brilliant form over last 12 months beating teams like England, Spain, France and Sweden. To beat Olympic champions Canada 4-0 without Kerr was a demolition. Currently $10 to win the Cup:

View attachment 41163

I think Cash was suggesting that Gmailuser won’t last long here without the whingers on here complaining about him talking about something off topic
 
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wombat74

Top 20
I'm liking the relative radio silence from the WeChat group today, feel like there is some imminent progress in the works, and everyone is keeping Mum. There also seems to be, according to my source, outside of TSE & HC forums, chatter about some sort of resolution.
Proof will be in the pudding.
Don't be shy mate . Tell us what you know . Don't use their real names and places please . So lets go with Bob from Wagga Wagga to get things started .
 
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Xerof

Have a Cigar 1975
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CHB

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