I just started to go through the lies in the article that the three stooges trying to scam their way onto our BOD have put in the media. I’m not even a quarter of the way through it and I’ve stopped to have a break because the lies, deception and misinformation is astounding and I have hardly even started to dissect it yet.
Here’s my answer to the first 6 lies, if you want to look at the article again for reference, it’s not hard to find on the threads….
1) Shareholders are not meeting to appoint three directors. AVZ is having it’s AGM and have directors already
2) The relationship between AVZ and state mining company Cominiere was affected by
i) Cominiere not granting AVZ the first right of refusal to buy 15% of Dathcom shares as was agreed to in signed contracts and
ii) Cominiere illegally and fraudulently selling 15% of Dathcom shares to Zijin. This sale of shares to Zijin was done at $120 million below the value of the shares, the proceeds of which were also squandered and there is undeniable evidence Celestin Kibeya Kabemba took a $2 million dollar bribe in the process.
3) AVZ Minerals raised funds to develop the project which had no financial effect on Cominiere, as Cominiere were incapable of raising funds.
4) The article states that AVZ stopped work on the ground (when clearly drilling and plant construction continued into 2023).
5) The reason the PR was not transferred into a PE was because the previous DG of CAMI wouldn’t determine the surface rights fee for AVZ to pay them. The fact is that AVZ fulfilled all obligations to receive the PE and was awarded the ministerial decree to issue the PE.
6) Cominiere has put the joint venture in it’s name and claims AVZ has no ownership in the JV project, but the ICC has made it clear that Cominiere cannot do this.
To carry on from my previous post outlining the lies, deception and misinformation in the article by from the three stooges, the seventh lie….
7) The article admits that AVZ was in charge of managing Dathcom but goes on to say that work was done on only a third of the concession. An unbelievably ignorant statement and relates again to the fourth lie (listed above) given we raised capital to carry on drilling and having core samples assayed which in turn has produced unbelievably good results to be added to the original DFS, and is the reason Cominiere and Zijin have embezzled money and tried to steal the project from us.
8) It then goes on to accuse AVZ of opacity, when AVZ has been open about all it’s capital raises and how the funds were used to pay the agreed contract prices for the shares purchased in Dathcom.
At this stage I’m starting to think that only a moron like Celestin Kibeya Kabemba could make this bullshit up and it then goes on with even more bullshit.
I’ve done my own summary of the lies here on TSE, it’s obviously Christian Lukusa’s job to point these lies out and prove the facts. Now that he is also a Lithium Sponsor at the upcoming DRC - AFRICA Battery Metals Forum it’s a perfect time and opportunity to do it…. As soon as he’s finished signing the documents currently in front of him that is
