AVZ Discussion 2022

[Hodlandwin69]

Aftermarket announcement would go down a treat.....just like a nice eglatartine

Dreaming

 

[Winenut]

Dreaming

about which one?

 

[TDITD]

I do hope while the ever so wonderful and highly competent PR is in USA that someone pulls him aside and says 'oi snack-seeker, best you get your head out of your arse in regards to the corrupt shitshow you've let manono become, if AVZ go to ICSID you won't get no favours here, no corrupt judges, they will knock a homerun and your up for serious damages, an well that's before anyone digs further into the bribe your close family friend lisette took, possibly on your behalf. Don't fuck around, cos with ICSID you'll find out'

I can live in hope anyhow, we know the U.S have been making moves to counter China in Africa, in particular an interesting mou with DRC and Namibia in the electric vehicle battery value chain.

 

[j.l]

Who @cominiereSA new snack time - who paid again this time #Zijin



Better reset that countdown

 

[Penskefile]

View attachment 44823

more like 500 years (as far as this old chook is concerned)

 

[TDITD]

When we’re going to court no one will see a cent. Digoil fighted 13 years in several courts and now trying to fight in the courts to seizure anything because the drc don’t pay anything of the 700 million back. Getting money back through a win in courts is fantasy, the drc is bankrupt and this will not change in the near future. Especially because of the that bad current government.

The Icsid is to make pressure and force them to the table. To get international attention and hopefully enough pressure to force them to do the right thing, if not they give a fuck about their reputation.

A lot things have happened behind the scenes, I know they are waiting for something, but that something should had been done some weeks ago, so I share the concerns from doc that it just could be a stalling tactic or a try to foolish us.

To see money back the only way is to sell it to someone the drc want to, but I highly doubt this will happen because they had enough time for a deal and I know they didn’t talked about that scenario with officials yet.

I hope they stand to their word and something good happen in the near future. In my opinion only a agreement and relationship with a ML will let us see a cent again and start a fruitful future for the drc and us. The remove of the cami head was important for it, hopefully new cami is making it better.

All true to a point. They are really shooting themselves in the foot here. They are passing up a large juicy pig, for a cold single rasher of bacon. If these idiots weren't so greedy for a bribe the mine would already be rolling and so would the cash and many other knock on benefits.
"Biggest lithium mine in the world shuttered for years due to DRC Government corruption"
Isn't the greatest headline advertisement for their so called plans for a battery value chain, they apparently want not just the mines, and lithium processing but also battery manufacturing plants within DRC (stop sniggering at the back).
Halting the biggest lithium mine in the world is BAD publicity. Halting it due to being taken to ICSID by the company that developed it due to unabated colossal corruption is an even worse look.
Not to mention the fact they won't be doing anything at Manono till the case is closed, (no bribes either, which lets face it at this stage its abundantly clear thats all, ALL they care about).

I think the delay is possibly some brinkmanship. $12 Fuckers, $14 Zijin + cap

 

[Dijon101]

It's hard to damage a reputation, when that reputation is already sitting in the toilet.
Low conversion of mines to exploitation despite the potential of resources in the DRC, because of how high the risk of doing business in the DRC is.

Edit:
I really really hope AVZ is the catalyst for change in the DRC

 

[Carlos Danger]

They are passing up a large juicy pig, for a cold single rasher of bacon. If these idiots weren't so greedy for a bribe the mine would already be rolling and so would the cash and many other knock on benefits.

Yeah but the money would be going into state coffers instead of their own snack jars so they don't give a fuck

Like a piggy once said some animals are more equal than others

 

[Winenut]

Maybe I'm a really backward fucktard but wasn't it simply corrupt actors at CAMI (read Mupande, Mupande, Mupande) that didn't allow the calculation of the surface rights and the issue of the invoice to be paid that means Manono is currently in the position it's in?????

The Mining Code and relavent DRC laws were followed so why the fuck aren't we moving forward already!!!!!

ALL requirements were met

ALL requirements were met

ALL requirements were met

ALL requirements were met!!!!!!!

Every single aspect of the mining code and other applicable laws were adhered to and the Minister signed the decree to issue the mining licence to AVZ ages ago......

C'mon!!!

FUCKING C'mon!!!!!!!

No more time for fucking around

Seriously....


Battery Metals forum will be absolutely ridiculed and fucking laughed at if you can't get your collective business, economic, anti corruption, govt transparency/honesty/integrity hats on

Now is the time

Now is the time

Now is the time!!!!

 

[Winenut]

Maybe I'm a really backward fucktard but wasn't it simply corrupt actors at CAMI (read Mupande, Mupande, Mupande) that didn't allow the calculation of the surface rights and the issue of the invoice to be paid that means Manono is currently in the position it's in?????

The Mining Code and relavent DRC laws were followed so why the fuck aren't we moving forward already!!!!!

ALL requirements were met

ALL requirements were met

ALL requirements were met

ALL requirements were met!!!!!!!

Every single aspect of the mining code and other applicable laws were adhered to and the Minister signed the decree to issue the mining licence to AVZ ages ago......

C'mon!!!

FUCKING C'mon!!!!!!!

No more time for fucking around

Seriously....


Battery Metals forum will be absolutely ridiculed and fucking laughed at if you can't get your collective business, economic, anti corruption, govt transparency/honesty/integrity hats on

Now is the time

Now is the time

Now is the time!!!!

Okay.....okay.......

Correction...

The decree was signed to award the ML to Dathcom

Everything else stands

 

[geo_au]

Just consider if Australia would flip today to only EV's.

As we are today with only a very small percentage of EV's, Australia especially the Eastern states does not generate enough power, neither could the power distribution system keep up with it.
To be able to supply reliable power a sufficient spinning reserve is required, being in backup batteries, gas turbines etc.
It shouldn't be that if I switch the light in my wine cellar on that I black out half a fucking state.

Mind you they are still discussing how and when to replace the coal fired power stations.

People here are saying events don't move fast in the DRC, FFS have a look at Australia.

Apart from Germany stockpiling oil and gas China is doing the same, it even gets some of its cheap oil from the U.S.

 

[geo_au]

I agree with the first part of your post, not the last part....

DRC need a leader / govt that has a vision to lift everyone out of the ghetto, not just to line their own pockets

Radical change is required to go from a corrupted state that has been ongoing for decades, to a honest , free enterprise, "fair go" mentality, full of integrity.

That can all be achieved within DRC realm and culture, not from outside influences.

Jules Alingete would be a great leader to formulate that change if he had the backing of the people, sadly, he is not in the race for the upcoming election........



imo

If look back on S Africa when Nelson Mandella became president, post apartheid, SA did well under this statesman. Since then its gone backward, and don't forget Botswana they have always had stability and good governance.

 

[Winenut]

Apart from Germany stockpiling oil and gas China is doing the same, it even gets some of its cheap oil from the U.S.

There are political threads on the crapper.......maybe go and knock yourself out....

 

[geo_au]

There are political threads on the crapper.......maybe go and knock yourself out....

Don't panic nut lithium has its place. Now calm down boy and get a good nights sleep the sky is not falling.

 

[Bin59]

Only concern I have re presentation is it’s only a 10 min period with a 5 min Q&A after. Barely any time to cover everything

Serge is also participating in a 50 minute panel discussion and 10 min Q&A, on the 3rd Session of day one titled :

THE MINING OPERATORS'S OPINION
AND CONTRIBUTION ON MATTERS RELATED TO LOCAL PROCESSING AND BENEFICIATION

Here we have the opportunity for a more lengthy discussion with 3 companies who will produce 3 of the basic minerals needed for batteries, ie lithium, cobalt and copper, most likely in front of a substantial audience with media coverage.

 

[Oversee]

I cannot believe we have not received an update on the status of the Jin Cheng arbitration hearing. On 21 June 2023 - being 3 months ago - it was announced that the sole arbitrator had granted a short adjournment and the parties should agree on a “tight” procedural calendar bearing in mind that the hearing should be held in September and not later than early October.

Well early October is only 2 weeks away and we haven’t heard anything since that June announcement. I’m well aware of the rationale for keeping confidential things that are confidential, but a basic update on the arbitration proceedings and whether there is to be a hearing, and when, should be provided to us long suffering and neglected shareholders.

 

[TDITD]

Serge is also participating in a 50 minute panel discussion and 10 min Q&A, on the 3rd Session of day one titled :

THE MINING OPERATORS'S OPINION
AND CONTRIBUTION ON MATTERS RELATED TO LOCAL PROCESSING AND BENEFICIATION

Here we have the opportunity for a more lengthy discussion with 3 companies who will produce 3 of the basic minerals needed for batteries, ie lithium, cobalt and copper, most likely in front of a substantial audience with media coverage.

View attachment 44869

At least they have a sense of humour in all of this. 'Mining OPERATORS opinion', and 'Contribution on matters related to local processing'
ha bloody ha DRC well played.

The red part at the bottom is when they come alive, cocktails and snacks, networking with our next Chinese bribe master/daddy.

Eric Allard. Thats all I need to read to know all I need to know about this.

The clown show rolls on

 

[Cumquat Cap]

Has the DRC issued a mining license to a company that's not originated from China in the past 30 years? it's all talk no action and the corruption is seeping from every politician.

Hope this Lobita corridor is the thing that makes them change tact

 

[tonster66]

Maybe I'm a really backward fucktard but wasn't it simply corrupt actors at CAMI (read Mupande, Mupande, Mupande) that didn't allow the calculation of the surface rights and the issue of the invoice to be paid that means Manono is currently in the position it's in?????

The Mining Code and relavent DRC laws were followed so why the fuck aren't we moving forward already!!!!!

ALL requirements were met

ALL requirements were met

ALL requirements were met

ALL requirements were met!!!!!!!

Every single aspect of the mining code and other applicable laws were adhered to and the Minister signed the decree to issue the mining licence to AVZ ages ago......

C'mon!!!

FUCKING C'mon!!!!!!!

No more time for fucking around

Seriously....


Battery Metals forum will be absolutely ridiculed and fucking laughed at if you can't get your collective business, economic, anti corruption, govt transparency/honesty/integrity hats on

Now is the time

Now is the time

Now is the time!!!!

The decree that was issued was incorrect. In my opinion this was just another stalling tactic. The reason mupande didnt issue the invoice was because he couldnt work out how much to invoice as the decree was split in 2.

 

[Charbella]

View attachment 43848

Just a quick update from my parent's basement - hearing on jurisdiction (JCM v AVZ) is full steam ahead for the 'early October' timing. Most recent ZJ delay tactic employed was rejected by the arbitrator, guess the brown paper bags werent enough to drag this out indefinitely (depreciation of the CNY probably...)

Hi @9cardomaha, do we have any further updates on the ICC hearing?