AVZ Discussion 2022

[Carlos Danger]

Worrying indeed. So the next devious play is that Cominiere forget to pay the surface rights and suddenly someone swoops in and gets the tenement a la MMCS.

Rack up another couple of court cases to unravel this next snafu.

@kron, I agree - amazing how quickly surface rights can be calculated!

Why would they need to do that?

Cominiere's plan is to form a JV with Zijin at a 76% to 24% split in Zijin's favour using the rights to 13359 they now claim to have. Which has been backed up by the MoM and new CAMI DG. The document shows the MOM justifying this by citing the Kalemie high court decision on May 3 2023 which was is in violation of the ICC emergency order preventing Cominiere terminating the Dathcom JVA.

But clearly the MoM doesn't give a fuck about the ICC. Technically under the mining code Zijin and Cominiere should have to go through the whole drilling process again and then apply for a PE as it is a new applicant but as if they won't just use our DFS numbers and have it rubber stamped by the Minister of Brown Bags. This will end with us making an out of court settlement at the ICSID with the DRC government and Zijin is going to pay for it on their behalf imo

 

[Carlos Danger]

I’m calling bullshit. Per the Mining Code:

• A mining lease can only be granted to the applicant i.e. Dathcom.
• The first page extends the Research Permit, yet the second page calculates the surface fees. That’s not a thing - surface fees are only applicable for an Exploitation Permit, which Cominiere does not have as evidenced by the alleged extension of the Research Permit on page 1.

It’s is a non sequitur. It’s fake IMO.

@Carlos Danger - re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.

The dates have definitely changed. I checked it a few weeks ago.

 

[timb89]

I’m calling bullshit. Per the Mining Code:

• A mining lease can only be granted to the applicant i.e. Dathcom.
• The first page extends the Research Permit, yet the second page calculates the surface fees. That’s not a thing - surface fees are only applicable for an Exploitation Permit, which Cominiere does not have as evidenced by the alleged extension of the Research Permit on page 1.

It’s is a non sequitur. It’s fake IMO.

@Carlos Danger - re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.

Yep. Matching doesn't isnt inductive proof. It just means the possible forgery as been matched to CAMI.

 

[Mr Inappropriate]

The dates have definitely changed. I checked it a few weeks ago.

Acknowledged - thank you.

 

[Doc]

And all this a week after AVZ was mentioned for the first time at Ministers meeting.
What a movie this will make

 

[Hodlandwin69]

I’m calling bullshit. Per the Mining Code:

• A mining lease can only be granted to the applicant i.e. Dathcom.
• The first page extends the Research Permit, yet the second page calculates the surface fees. That’s not a thing - surface fees are only applicable for an Exploitation Permit, which Cominiere does not have as evidenced by the alleged extension of the Research Permit on page 1.

It’s is a non sequitur. It’s fake IMO.

@Carlos Danger - re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.

You pay surface fees on both exploration and exploitation. It's just much less on exploration.

 

[Carlos Danger]

I’m calling bullshit. Per the Mining Code:

• A mining lease can only be granted to the applicant i.e. Dathcom.
• The first page extends the Research Permit, yet the second page calculates the surface fees. That’s not a thing - surface fees are only applicable for an Exploitation Permit, which Cominiere does not have as evidenced by the alleged extension of the Research Permit on page 1.

It’s is a non sequitur. It’s fake IMO.

@Carlos Danger - re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.

You pay surface fees on both exploration and exploitation. It's just much less on exploration.

Correct Hodl. Specifically on renewals of PR under Article 62 (a) of the mining code.

 

[Carlos Danger]

So if this is legit and 13359 is gone what's the point of the MMGA BS ? We may as well go straight to ICSID . Something fishy going on .

To get a cheaper settlement or a quick cheap sale outside the ICSID imo

 

[Roon]

I'm feeling it's bullshit too.
Likely a coordinated effort to make shareholders panic, RIGHT as MMGA and TOMMY are promoting...
Keep calm, we will find out the truth soon enough. Panic amongst shareholders is their goal.

On the other hand, I think we'll find that this document is indeed real.

Also, Panic amongst shareholders isn't the goal. Seizure of Manono is the goal. If you think this document and the apparent recent reapportioning of our exploration permit to Cominiere by the MoM isnt a significant step in that direction then I'd hate to see what you'd call bad news.

 

[robface]

Why would they need to do that?

Cominiere's plan is to form a JV with Zijin at a 76% to 24% split in Zijin's favour using the rights to 13359 they now claim to have. Which has been backed up by the MoM and new CAMI DG. The document shows the MOM justifying this by citing the Kalemie high court decision on May 3 2023 which was is in violation of the ICC emergency order preventing Cominiere terminating the Dathcom JVA.

But clearly the MoM doesn't give a fuck about the ICC. Technically under the mining code Zijin and Cominiere should have to go through the whole drilling process again and then apply for a PE as it is a new applicant but as if they won't just use our DFS numbers and have it rubber stamped by the Minister of Brown Bags. This will end with us making an out of court settlement at the ICSID with the DRC government and Zijin is going to pay for it on their behalf imo

What do you think the damages claim will be?

 

[Azzler]

On the other hand, I think we'll find that this document is indeed real.

Also, Panic amongst shareholders isn't the goal. Seizure of Manono is the goal. If you think this document and the apparent recent reapportioning of our exploration permit to Cominiere by the MoM isnt a significant step in that direction then I'd hate to see what you'd call bad news.

Panic to cause yes votes, to sieze Manono, that's the only way they get it.
Mining code is on our side, Legal recourse is on our side.

It looks like a document to extend the EP for 13359 right?
It's currently listed under Cominierie, it has been for a while, and yes we as AVZ inverstors don't like this, it's been a worrying thing for us.
AVZ BoD recently explained what's going on with it and provided a reasonable explaination (better late than never). Fighting bastards indeed.

Whatever this is we will find out in time.
I don't find it to be something immmediately frightening, though no I don't like it.

You're very quick to incite panic and call something bad Roon.
It just looks like a licence extension.

 

[Mr Inappropriate]

You pay surface fees on both exploration and exploitation. It's just much less on exploration.

Yes - my mistake.

 

[Bonsoir]

On the other hand, I think we'll find that this document is indeed real.

Also, Panic amongst shareholders isn't the goal. Seizure of Manono is the goal. If you think this document and the apparent recent reapportioning of our exploration permit to Cominiere by the MoM isnt a significant step in that direction then I'd hate to see what you'd call bad news.

Something is not quite right here, why are mmga pushing so hard if AVZ don’t have a claim to Manono, why are new people appointed to positions in AVZ recently, why has Nigel had meeting with DRC President and ministers appoints to oversee mou.

Seen shit like this before for it to turn out fake or lost in translation. Fucked if I know, I just want to retire.

 

[Azzler]

Something is not quite right here, why are mmga pushing so hard if AVZ don’t have a claim to Manono, why are new people appointed to positions in AVZ recently, why has Nigel had meeting with DRC President and ministers appoints to oversee mou.

Seen shit like this before for it to turn out fake or lost in translation. Fucked if I know, I just want to retire.

Yes indeed you're senses are right.
I expect it will all play out eventually, but make no mistake we're all in the dark, don't believe anyone

 

[Bin59]

I can’t imagine that the Minister of Justice would have approved this change (especially as the Presidents recent instructions at the last Ministerial meeting were that both ministers MoJ & MoP were to oversee this file).

 

[Azzler]

As an aside, I have a feeling that everything is comming to a head and we will have a final showdown, or a final reveal and this shit might hopefully, one way or another, be over and done with... at long fucking last!

Just a feeling.

Truely it's like a third act in a movie, the finale!
Prayers for honest investors!
GLTA!

 

[Roon]

Panic to cause yes votes, to sieze Manono, that's the only way they get it.
Mining code is on our side, Legal recourse is on our side.

It looks like a document to extend the EP for 13359 right?
It's currently listed under Cominierie, it has been for a while, and yes we as AVZ inverstors don't like this, it's been a worrying thing for us.
AVZ BoD recently explained what's going on with it and provided a reasonable explaination (better late than never). Fighting bastards indeed.

Whatever this is we will find out in time.
I don't find it to be something immmediately frightening, though no I don't like it.

You're very quick to incite panic and call something bad Roon.
It just looks like a licence extension.

Im just 'calling something bad' because it is looking like something bad. You are calling it something different? Yes then permit was listed under Cominiere in CAMI, but we all said dont worry its fine, its just the portal that was controlled by CAMI and it was changed by JFM in any case. Now its documented as transferred on order of the Minister of Mines, and duly implemented by CAMI and that's still fine? And its being extended and paid for by Cominiere? We can seemingly explain away anything bad by saying it's OK the Mining Code is on our side. We'll what's the result we are seeing?

It does indeed look like a licence extension, as you say, but also as a licence extension confirming the stripping of the licence from Dathcom. You say you dont find that to be frightening? Sure, put your head in the sand a little deeper. I find it seriously concerning, and would think anyone with a modicum of sense would also be concerned. How does this fit with an MoU towards gaining Dathcom a ML?

I'll get ripped into for this no doubt, for always jumping at shadows, but I see this as what it is - bad news.

If it turns out to be fake then I'll humbly apologise, and sure we need some more clarity, but dont bite into me for suggested some that looks negative might be negative. Anyway I guess we'll find out soon enough. Surely you'd think this is cause for an AVZ announcement.

Probably calling it spurious.

 

[Carlos Danger]

re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.

Btw here's a post from @Winenut from May showing what 13359 looked like up until a few weeks ago when I last checked. The grant date was 28/12/16 and the expiry day of 27/12/21 is now the new grant date in both the CAMI document and the CAMI portal with both having the same expiry date of 27/12/27. Can't really get much more confirmation than that.

 

[Carlos Danger]

Clearly a fake doc ; date and those pink boxes on pages 3 or 4 shows the doc was jammed through some cheap ass PDF editor

You're deluded imo

 

[Azzler]

It could be any fucking thing we are throwing darts in the dark, just wait and see for cunts sake.
Does the PE need to be renewed before a licence can be granted? it's way over due?
Is it just red tape, or proceedure?
Might be.
Is is cunts ripping us off? Might be?

My point is we don't know shit, the document being released CLEARLY is intended to worry us, it wasn't released with a statement from the DRC stating that Dathcom has been burned and AVZ had their assholes ripped out.
The circumstances surrounding the release of the document, make me think it's bullshit, designed to frighten and panic.
So stop assisting the cunt network.


EDIT: If AVZ have in fact been shafted, no one needs to promote it or release documents under the table. If we're done then we're done and we would get an official statement one way or another.
The need to release something like this suggests to me shennanigans.