AVZ Discussion 2022

[Hemicuda]

Everyone just needs to take a deep breath.

We're all jaded as fuck for sure after the last 16 months. Way to many people jumping at shadows, taking half truths and downright bullshit as gospel.

Last bit of news I'd take seriously is seeing our CEO in a meeting with the mining cadastre.

The MoM not coming to a conference on mining in Australia?? Could be a million different reasons. She could be to busy sorting and prioritising the AVZ mining decree.

We complain that all the drc ministers do is have endless conferences and talks. Then jet all about the world trying to drum up business without actually achieving anything. So I for one couldn't give care about more empty air, empy promises and another meaningless conference.

Time for results

Jaded as fuck is just the beginning

 

[Carlos Danger]

Is this new information? @Carlos Danger

https://x.com/franckfwamba/status/1694361559370252390?s=12

Big Liars, STOP LYING. FACTS
1. Legal case N. RP14944 by Dathomir vs Dathcom (JV of AVZ, Cominiere and Dathomir) not AVZ. Legal Procedure not yet exhausted
2. Commercial Court appointed Eugene Mbomb as Special Rep to gather Dathcom's partners & decide. Zijin lost then went to ICC

RP14944 has been talked about in a few media articles. It's also cited in the full letter (see below) by the green goblin where she tries to rat fuck us on ceding the 10% pro rata that Cominiere are obligated to transfer in full to the DRC government.

It's the case where Dathomir sought to have the action certificates and register of Dathcom associates dated 31 August and 1 September 2021 obtained from the Chief Registrar of the Unique Enterprise Creation Guichet, Antentenna of Lubumbashi confirming that AVZ owns 75% of Dathcom from the completion of the SPA's with Dathomir annulled and Graeme Johnson was sentenced to 3 years.

I'm not sure what part 2 is referring to and was unaware that Zijin's decision to take AVZ to the ICC was based on decision against them by the commercial court. My understanding was that they brought the case because we as the controlling party of the JV wouldn't recognise them in Dathcom. I don't have any documentation from these court cases mentioned.

 

[j.l]

Naaa next they’ll say injury is to her hand and she can’t hold a pen and sign documents for the next 6 months…..

DRC is a developing country. Some systems are a little outdated. For example, the mining licence printing machine is pedal-powered and requires two strong functional legs to be operated.

 

[wombat74]

I mean it's very obvious that Cominiere will be pushing hard with the MoM and the President for them to 'develop' Manono in conjunction with new 'partners'. No prizes for guessing who those partners are, or what role Cominiere would play in this. This is what CKK has been going on and on about, and Cominière's position is that the cancellation of our licence is a done deal.

Now ICC/ICSID may have something to say about that, but when's our case with Cominiere even set for? Let alone the years ICSID will take.

It's my belief that Cominiere will be attempting to press all the buttons they can to all the big players, to say this is the only way forward in which Manono is developed in the coming years - namely during this Presidents (poss. next) term - and the only way their battery manufacturing strategy is underpinned by publicly viewable action, rather than being blocked by a spread of legal actions they are blaming on us. I'm sure they will also be saying that Zijin would offer a larger percentage to the DRC government, and telling FT that AVZ are just trying to claim everything. I don't know if Lisette is indeed related to FT but I bloody well hope not for an inner track for those messages to percolate.

Its all no doubt part of the China backed strategy to delay long enough, with support of suborned local elites, until they propose another pathway forward - portraying it as the only viable one towards the fruition of FTs plans. Casting us as the hostage-taker in this narrative, even though we know full where the real blockade is coming from.

But do the other players know? Will the top bosses see through this Chinese backed Charade, unlike the previous time? Or will we eventually see a reallocation of the licence under this pressure - and the project then being constructed by others whilst a years-long legal case for restitution goes ahead in the background. We surely know which one Cominiere and Zijin are agitating for - CKK has openly admitted that they're preparing new partners to progress manono and this media report is in line with that. That's the game they are playing.

We really need top level FaceTime with MoM and President to dispel the bullshit. This failed during Covid for obvious reasons, but we can't let it happen again. Hopefully Nige and Co can meet with these figures in the near future to put another side to the story. Surely they must be aware the perception damage this would do to their business climate, but they may say well canceling the licence decree already didn't bring down the roof - though I note that it did bring about ICSID, which has likely had an impact.

Still very much in the air at the moment. I know the ICC isnt known for its pace, but we really need to fast-track the Cominiere case

Time is not our friend here

What a difference a few weeks makes.

"There is also a rumour that Lizette was blocked at the airport trying to flee the country. Celestine next "? Jens 5/08

 

[Hemicuda]

What a difference a few weeks makes.

"There is also a rumour that Lizette was blocked at the airport trying to flee the country. Celestine next "? Jens 5/08

there is a difference?? the date?

 

[The Fox]

An alternate way to look at or consider things with regard to Cominiere puffing it’s chest out and comments around new partners is AVZ have a sale agreement in place for its majority stake in Dathcom.

If that happens and the $$$ are substantial then obviously it doesn’t matter how they split up the Manono pie thereafter.

AVZ’s current and near term position on all of this hasn’t played as yet.

Anyway that’s my glass half full view on current position, and hopeful expectation, holders can sip on that or spill the milk, up to you all of course.

Cheers The Fox

 

[TDITD]

What a difference a few weeks makes.

"There is also a rumour that Lizette was blocked at the airport trying to flee the country. Celestine next "? Jens 5/08

Yes the rumour thing was likely 100% Bullshit.

I followed up with Kiki on his article where it says Lisette is related to PR05, he stated that Lisette is of the same ethnic origins (a misunderstood importance from us westerners), she is in his political party and also her father is a friend of PR05 father. This is a family bond here.
Kiki says they are indeed very close allies. Delicate., in the face of what the IGF report said of her.

 

[Hodlandwin69]

there is a difference?? the date?

Maybe she got blocked because they wanted to surprise her with a promotion, like a suprise birthday party when everyone is acting weird around you during the day and getting you to follow them somewhere

 

[TDITD]

An alternate way to look at or consider things with regard to Cominiere puffing it’s chest out and comments around new partners is AVZ have a sale agreement in place for its majority stake in Dathcom.

If that happens and the $$$ are substantial then obviously it doesn’t matter how they split up the Manono pie thereafter.

AVZ’s current and near term position on all of this hasn’t played as yet.

Anyway that’s my glass half full view on current position, and hopeful expectation, holders can sip on that or spill the milk, up to you all of course.

Cheers The Fox

I'd grab that fucking glass and skull it like a thirsty Viking

 

[wombat74]

An alternate way to look at or consider things with regard to Cominiere puffing it’s chest out and comments around new partners is AVZ have a sale agreement in place for its majority stake in Dathcom.

If that happens and the $$$ are substantial then obviously it doesn’t matter how they split up the Manono pie thereafter.

AVZ’s current and near term position on all of this hasn’t played as yet.

Anyway that’s my glass half full view on current position, and hopeful expectation, holders can sip on that or spill the milk, up to you all of course.

Cheers The Fox

Can you explain the sale agreement please ? Cheers

 

[CHB]

Can you explain the sale agreement please ? Cheers

He's suggesting sale agreement = takeover (or just sale of the tenaments)

 

[Rock Hopper]

He's suggesting sale agreement = takeover (or just sale of the tenaments)

There won’t be a TO, although we’ll get some decent interests from new investors for sure once trading resumes in the near future

 

[Carlos Danger]

An alternate way to look at or consider things with regard to Cominiere puffing it’s chest out and comments around new partners is AVZ have a sale agreement in place for its majority stake in Dathcom.

If that happens and the $$$ are substantial then obviously it doesn’t matter how they split up the Manono pie thereafter.

AVZ’s current and near term position on all of this hasn’t played as yet.

Anyway that’s my glass half full view on current position, and hopeful expectation, holders can sip on that or spill the milk, up to you all of course.

Cheers The Fox

He's suggesting sale agreement = takeover (or just sale of the tenaments)

Then why are AVZ meeting with CAMI and releasing statements indicating they are committed to the project?

RDC : le projet d’exploitation du Lithium de Manono au centre des échanges entre les dirigeants du CAMI et une délégation d’AVZ Minerals - MINES.CD - Premier média congolais du secteur minier

Dans l’objectif d’évoquer les retombées sociales et économiques pour la RDC du projet d’exploitation du lithium dans le Manono par la société DATHCOM, une délégation d’AVZ Minerals Ltd a échangé ce mardi 15 août, avec Paul Mabolia et Jacques Muyumba, respectivement DG et DGA nouvellement nommés...

mines.cd

According to a statement from AVZ Minerals Ltd, including a copy sent to MINES.CD, it is indicated that this meeting is "a singular importance", especially since it marks the resumption of work sessions between the Mining Cadastre and the Australian mining giant on the lithium exploitation project in the Manono.

"Paul Mabolia was fully satisfied with this initiative and expressed his enthusiasm for the prospects for future collaboration," noted the statement while explaining that the DG of the CAMI also expressed his willingness to "involve personally", under the supervision of the Ministry of Mines, to "guarantee the success of the Manono project".

"AVZ Minerals Ltd's unwavering commitment to the realization of this project is harmoniously combined with the vision of the Head of State, His Excellency Félix Antoine Tshisekedi, as well as with the senior management of the mining cadastre. This courtesy visit strengthens existing ties and lays the foundations for fruitful collaboration, aimed at achieving the ambitious objectives of the Manono project, "concluded the statement from AVZ Minerals Ltd.

 

[wombat74]

He's suggesting sale agreement = takeover (or just sale of the tenaments)

Cheers . No surprises there . Looking most likely the only positive way forward now for AVZ . Question is , who is paying ?

 

[CHB]

Then why are AVZ meeting with CAMI and releasing statements indicating they are committed to the project?

RDC : le projet d’exploitation du Lithium de Manono au centre des échanges entre les dirigeants du CAMI et une délégation d’AVZ Minerals - MINES.CD - Premier média congolais du secteur minier

Dans l’objectif d’évoquer les retombées sociales et économiques pour la RDC du projet d’exploitation du lithium dans le Manono par la société DATHCOM, une délégation d’AVZ Minerals Ltd a échangé ce mardi 15 août, avec Paul Mabolia et Jacques Muyumba, respectivement DG et DGA nouvellement nommés...

mines.cd

According to a statement from AVZ Minerals Ltd, including a copy sent to MINES.CD, it is indicated that this meeting is "a singular importance", especially since it marks the resumption of work sessions between the Mining Cadastre and the Australian mining giant on the lithium exploitation project in the Manono.

"Paul Mabolia was fully satisfied with this initiative and expressed his enthusiasm for the prospects for future collaboration," noted the statement while explaining that the DG of the CAMI also expressed his willingness to "involve personally", under the supervision of the Ministry of Mines, to "guarantee the success of the Manono project".

"AVZ Minerals Ltd's unwavering commitment to the realization of this project is harmoniously combined with the vision of the Head of State, His Excellency Félix Antoine Tshisekedi, as well as with the senior management of the mining cadastre. This courtesy visit strengthens existing ties and lays the foundations for fruitful collaboration, aimed at achieving the ambitious objectives of the Manono project, "concluded the statement from AVZ Minerals Ltd.

View attachment 42802

What would the optics be like if they indicated they wanted to sell prior to officially getting the ML?

 

[Carlos Danger]

What would the optics be like if they indicated they wanted to sell prior to officially getting the ML?

Why would we sell if we got the ML?

 

[Hodlandwin69]

Why would we sell if we got the ML?

Because of hostile working/collaboration conditions from private and governmental bodies....

 

[CHB]

Why would we sell if we got the ML?

Well your question was "Then why are AVZ meeting with CAMI and releasing statements indicating they are committed to the project?"

To which I replied "What would the optics be like if they indicated they wanted to sell prior to officially getting the ML?"

I dare say no good if they said they plan to sell. Wouldn't help with obtaining ML.

As to "Why would we sell if we got the ML?"
Could be a number of reasons such as something prearranged, difficulty building a mine, difficulty dealing with DRC gov.

But personally if we get the ML I hope we go mining as that will bring the most value for shareholders and the DRC.

 

[Carlos Danger]

Because of hostile working/collaboration conditions from private and governmental bodies....

Well your question was "Then why are AVZ meeting with CAMI and releasing statements indicating they are committed to the project?"

To which I replied "What would the optics be like if they indicated they wanted to sell prior to officially getting the ML?"

I dare say no good if they said they plan to sell. Wouldn't help with obtaining ML.

As to "Why would we sell if we got the ML?"
Could be a number of reasons such as something prearranged, difficulty building a mine, difficulty dealing with DRC gov.

But personally if we get the ML I hope we go mining as that will bring the most value for shareholders and the DRC.

Yeah I get it. But the optics of cashing in on 'speculating' after promising to bring the project to life would be pretty bad. Not that I give a fuck how we would be seen if it means an end to this shitshow.

I still think a sale pre ML is more likely if that is what the bod want to do but we would get more value having a BFS which needs the ML and would include the updated drilling results. And playing the game until then is the smart option.

 

[wombat74]

Well your question was "Then why are AVZ meeting with CAMI and releasing statements indicating they are committed to the project?"

To which I replied "What would the optics be like if they indicated they wanted to sell prior to officially getting the ML?"

I dare say no good if they said they plan to sell. Wouldn't help with obtaining ML.

As to "Why would we sell if we got the ML?"
Could be a number of reasons such as something prearranged, difficulty building a mine, difficulty dealing with DRC gov.

But personally if we get the ML I hope we go mining as that will bring the most value for shareholders and the DRC.

Doesn't necessarily need to be a ML either . The Chinese could buy us out knowing they will be awarded the ML . Cominiere want Zijin . If a fair $$ settlement is offered all legal proceeding disappear and the project can move forward (without AVZ) .