CashKing
Regular
Elephants never forget hey remark
Old mate owes a few VB slabs still..I’m thirsty & I’m still waiting Dr Wolf….
GLTAH
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Old mate owes a few VB slabs still..I’m thirsty & I’m still waiting Dr Wolf….
GLTAH
cruiser51
Top 20
NEWSECONOMY
Mabolia and the Mining Cadastre (CAMI), for the exploitation of Manono lithium with the Australians of AVZ MINERALS?
August 17, 2023Kiki Kienge
By Kiki Kienge
It is no longer a secret, the development for the exploitation of Manono lithium in the province of Tanganiyka is at high sea at the moment following politico-political interventions and the almost personal interests of certain former -leaders and not Congolese state companies.
Highly coveted by world powers and multinationals, the Manono hard rock lithium deposit, one of the safest in the world, is the economic and geostrategic base between the Western and Eastern blocks, in the middle of the Australians of the AVZ MINERALS group which has highlighted by its feasibility studies this Congolese wealth on the international level.
The People's Republic of China through a Chinese group, ZIJIN already present in the DR Congo in the cobalt and copper mining sector, did not go there with gloves.
Attempting a purchase of 15% of the shares of the joint venture DATHCOM, between the Congolese State, AVZ MINERAL which owns 75% including 15% purchased from the Chinese, Simon Cong .
A sale which had been judged illegal by the General Inspectorate of Finance, financial control body of the presidency of the DR Congo, since sold at 33,400,000 $US than the 150,000,000 $Us of the real value on the market at the time of sale.
After the finalization of the feasibility study of AVZ MINERALS through the DATHCOM joint venture, the Ministry of Mines headed by H. E. Antoinette Nsamba Kalambayi , had agreed to the change of the exploration permit granting the exploitation permit to DATHCOM which should allow the start of lithium ore mining at Manono.
But here is the former all-powerful reigning Mining Cadastre (CAMI), Felix Mupande for reasons still unknown until now had blocked the operating permit in his drawers, which after a few political maneuvers was canceled by the same Minister of Mines of the DR Congo, something that has so far blocked the exploitation of lithium.
As the destiny of any "king" would be the decline one day or another, Félix Mupande by the will of the Head of State, Félix Tshisekedi was put aside from the Mining Cadastre and replaced by Paul Mabolia , who seems to want to change the things at CAMI and get personally and directly involved in making the Manono lithium project a reality.
Paul Mabolia in the vision of Félix Tshisekedi, has just renewed relations with the Australian group AVZ MINERALS, receiving the Mr. Nigel Ferguson CEO of the company accompanied by a delegation of representatives in the Manono project, this August 15, 2023, a visit of courtesy at the headquarters of the Mining Cadastre.
Courtesy which in all the business and political lagooning would only sound like a resumption of working sessions between the Mining Cadastre and AVZ Minerals for discussions on the resumption of collaboration, of course of the Manono lithium project.
What can I say other than not wishing for the start of the effective exploitation of lithium in Manono, something that the entire population of the province of Tanganyika in particular and all of the DR Congo in general hopes for, for the development and the jobs that should be created by this project.
Yes, First license.Yeah it does sound like he may be saying that, although it could be taken that he's just saying they are assisting with the process, but I thought it sounded like he was saying that.
Given the CAMI meeting (you dont bring your lawyers and consultants just for a courtesy drop in, for scones & tea), and that other place that was visited on the weekend, word of documents, and deals done.. well it's certainly on the very possible side of things I believe
And yes the "First Licence" part made my ears prick up, very curious!
However it might be an artifact of translation.
Come on Nigel, are we there or what?
Been a hell of a long time cooking this thing.
Oh and lastly, the fact they're speaking again, coupled with the CAMI PR piece, is very telling.
First we mining license,
Then some work involved
Then license to print money (second license)
RHyNO
Regular
At $4 I’m a millionaire after tax. And we are all going to a pub to laugh and cry and cry and laugh about it all. Goddamn avz nationwide pub crawl.
LithiumKing
Regular
Agreed the photo together is a huge sign of support and collaboration. Now let’s get on with it!!Yeah it does sound like he may be saying that, although it could be taken that he's just saying they are assisting with the process, but I thought it sounded like he was saying that.
Given the CAMI meeting (you dont bring your lawyers and consultants just for a courtesy drop in, for scones & tea), and that other place that was visited on the weekend
And yes the "First Licence" part made my ears prick up, very curious!
However it might be an artifact of translation.
Come on Nigel, are we there or what?
Been a hell of a long time cooking this thing.
Oh and lastly, the fact they're speaking again, coupled with the CAMI PR piece, is very telling.
First Licence
We never had the full licence only the Minister decree to it.as surface rights was never paid and 10% not ceded to government.
So saying First Licence he would be very confident for AVZ success.
What you said in reagrds to the separate areas is exactly what my post was speculating towards.
oxxa23
Regular
you'll be fine, got to stop drinking to be hungover...oh for fucks sake..........just a week???!!
Mr_Tones83
Regular
Is there a link to that post?
I follow him on X and the last post from him I see is Aug 16... not sure how I'm missing it
Ministerial Decree was an achievement along with AVZs accomplishment, corruption from highest level of government and others isn’t justification to not recognise the battle BOD & legal firm have been up against.
The frustration Nigel & Co suffered through the hands of corruption is something we will not appreciate.
Cumquat Cap
Regular
For a lawyer i've seen a few slip-ups from Christian celebrating far too early - if that was my lawyer I would not be pleased. They did the same with the Zijin being out fiasco
How much are we paying this guy ?
Carlos Danger
Top 20
Either too much or not enough for him to care about details
Azzler
Top 20
Well they did actaully say they were out.
Cumquat Cap
Regular
are they out though? yet to see confirmation of that? Prefer him to wait before gloating and finish the fkn job - but whatever
Carlos Danger
Top 20
Well they did actaully say they were out.
The biggest concern for me over his phrasing of that meeting is that AVZ's legal position is that Zijin were never in Dathcom in the first place
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