AVZ Discussion 2022
- Thread starter GazDix
- Start date
ThisTimeWin
Regular
Not sure if you lot in Aussie heard the upsetting news back here in Central Otago......
Irishman tried to rip off a local restaurant here in Alexandra...
Paid the bill and ran off before eating
Irishman tried to rip off a local restaurant here in Alexandra...
Paid the bill and ran off before eating
9cardomaha
Regular
Carn the Blues! 
stellar start into a tapered end of the first quarter
stellar start into a tapered end of the first quarterTwas the night before Christmas, when all through the DRC
Not a creature was stirring, not even TommyCAnt
The pineapples were hung by the drill cores with care,
In hopes that St.Ferguson soon would be there;
The LTH’s were nestled all snug in their beds;
While visions of whales danced in their heads;
And Adele in her 'handcuffs, and I in my AVZ cap,
Had just settled our brains for a long winter's nap,
When out on the lawn there arose such a clatter,
Was it JAG and his lawnmower?
No…
It‘s moneybags and Nells stripping down ready for the run over Story Bridge
Xerof
Have a Cigar 1975
https://7sur7.cd/2023/09/08/projet-...-administrateurs-davz-appeles-privilegier-les
The shareholders of AVZ Minerals will meet at a General Meeting on November 23 to appoint 3 directors, in order to regain the confidence of the Congolese Government and all the partners of the "Manonium lithium" project.
Relations between AVZ and government agencies in the DRC are not in good shape, six years after the acquisition by this Australian company, through its subsidiary AVZ INTERNATIONAL PTY LTD, of about 60% of the shares of "DATHCOM MINING", a project set up to promote, among other things, the mobilization of funds to carry out feasibility studies before the stage of the exploitation of a lithium deposit, one of the largest in the world, located in the territory of Manono, in the province of Tanganyika.In accordance with this joint venture contract concluded between partners in January 2017, AVZ, it should be noted, was responsible for managing DATHCOM MINING, by the appointment of the Chairman of the Board of Directors, the Chief Executive Officer and the majority of the directors.
Despite the assignment of DATHCOM's key positions to this Australian company, the work stopped net on the ground, there was no transformation of the PR 13359 Research Permit into an Operating Permit; the joint venture contract was also terminated, the PR 13359 Research Permit was, in the end, deregistered in the name of DATHCOM and returned to COMINIERE SA.
Beyond that, the feasibility study was only done on 1/3 of the mining concession, many conflicts broke out between AVZ INTERNATIONAL PTY LTD (a 100% subsidiary of AVZ Minerals) and almost all minority shareholders, it was learned, either because of the opacity and recklessness in management, or because of AVZ's disproportionate appetites to want to appropriate almost all the shares of minority shareholders at a derisory price. Ultimately, the project is at the heart of several trials before national and international courts.
Thus, the shareholders of AVZ Minerals must unite as one man to choose themselves, during this general meeting, its conciliatory leaders, wise and experienced in the negotiations, insist several observers who persist and sign that "it is at this single price that Manono lithium will once again become superb for the good of all, the country, the local populations and shareholders, both DATHCOM MING and AVZ Minerals".
Some are already inviting the directors who will be appointed to be respectful of the Congolese State, the company of the COMINIERE SA Portfolio, holder of the mining title, and the rights of other partners with whom it is necessary to privilege the path of negotiation and not that of trials.
Although, according to some information, the Australian Law Company has begun negotiations with the Congolese Government through the Ministry of Justice regarding the arbitration initiated by the latter against the Democratic Republic of Congo before the CIRDI in New York, - which is appreciable - it should be stressed that DR Congo is not a shareholder of DATHCOM MINING. Its interests are validly represented by COMINIERE SA in the joint venture.
In the new configuration of its management strongly announced in the coming weeks, AVZ Minerals will have to negotiate with:
- the holder of the mining title, COMINIERE SA, holder of 10% of the shares that represents the interests of the DRC in the joint venture,
- DATHOMIR with which it concluded two contracts for the sale of 15% of the shares, terminated contracts
- and JIN CHENG who acquired 15% of the shares from COMINIERE SA.
This is an approach that would, according to many, make it possible to give the project the chance to quickly revive and develop. "Leaving aside the other shareholders would mean leaving intact all the conflicts that undermine the project".
Da fuck!? Did you translate it yourself using chat GPT or something? What kind of a website is that anyway!? Fuck it’s an inescapable circus. Cue scary circus music.
MoneyBags1348
Top 20
Yes, the biggest and most amateurish load of bullshit any of us have read to date.
Only shows how desperate they are getting and trying to spread their lies, no doubt tommy turd burglar will refer to this pathetic piece of deceptive and misleading misinformation.
Only trouble for the little turd burglar, the wannabe scammers nominating themselves, the trash media site and all the other corrupt clowns is that AVZ, Momentum Attorneys and DLI Piper can provide clear evidence that every word of it is a lie
Written by the same deceptive and misleading internet site that posted lies previously and backed by Zijin and the co conspirators mentioned earlier
Last edited:
Mr Inappropriate
Regular
The fact that the kunt that wrote it would not put their name to it is quite telling.
antimatter
Regular
I fully support the BOD hard position of not dealing with CominiereSA/Z requests. The saying is that “If you lie down with dogs, you will get up with fleas.” CominiereSA/Z are dogs!
oxxa23
Regular
Bullshit, they're the fucken fleas themselves
Mr Inappropriate
Regular
Must be taking the piss surely?
www.ft.com
Glencore to expand DRC exposure as it pushes into lithium
The deal means the trading giant will be able to choose which clients receive the vital metal
maybe october?
nah surely before drc battery council on the 20th, so dare I say 11 days?
Bin59
Regular
A similar article (not locked)Must be taking the piss surely?
Glencore to expand DRC exposure as it pushes into lithium
The deal means the trading giant will be able to choose which clients receive the vital metal
Tantalex secures Glencore's backing for Congo lithium project
Tantalex Lithium , a Canadian junior miner that is aiming to produce lithium from the Democratic Republic of Congo (DRC), said on Friday its tailings project has secured the backing of Glencore .
Tantalex secures Glencore's backing for Congo lithium project
September 9, 20237:29 AM GMT+10Updated 28 min ago
An employee of a private security company stands in front of the logo of commodities trader Glencore during the company's annual shareholder meeting in Cham, Switzerland May 24, 2017. Acquire Licensing Rights Read more
NAIROBI/ TORONTO, Sept 8 (Reuters) - Tantalex Lithium (TTX.CD), a Canadian junior miner that is aiming to produce lithium from the Democratic Republic of Congo (DRC), said on Friday its tailings project has secured the backing of Glencore (GLEN.L).
The Swiss miner and trader will pay a staggered $5 million to Tantalex as part of the marketing off-take agreement and has agreed to finance a third of the capital requirements for the DRC project, if it meets its conditions, Tantalex said in a statement.
Glencore has agreed a term-sheet to market the spodumene concentrate - or high-purity lithium ore - that will be produced at the Tantalex's Manono tailings project in the Congo.
Tailings dams, which can tower dozens of meters high and stretch for several kilometres, are a common waste-disposal method for miners.
Some of the dumps at Manono tailings, deposited several years ago, reach maximum heights of 70 metres (230 ft), Tantalex said on its website.
The deal is subject to Glencore conducting due diligence and its backing of Manono helps to de-risk the project, Tantalex CEO Eric Allard said.
Glencore, which mines copper and cobalt in the DRC started to trade lithium around a year ago, even though it has said it has no interest in owning lithium assets outright.
Allard said Glencore's expertise in the country "will be crucial for developing further our activities in the DRC."
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Globally, mining companies and manufacturers are scrambling to secure supplies for lithium, which is key to boosting growth in battery electric vehicles as the world seeks faster alternatives to clean energy.
"The capital expenditure financing commitment is a significant milestone in the de-risking of the project and achieving our goal to become the first lithium producer in the DRC," Allard said.
Reporting by Felix Njini and Divya Rajagopal; Additional reporting by Clara Denina Editing by Marguerita Choy
Jen’s deleted. That a good or bad sign ffs?
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