You pay surface fees on both exploration and exploitation. It's just much less on exploration.I’m calling bullshit. Per the Mining Code:
It’s is a non sequitur. It’s fake IMO.
- 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.
@Carlos Danger - re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.
I’m calling bullshit. Per the Mining Code:
It’s is a non sequitur. It’s fake IMO.
- 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.
@Carlos Danger - re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.
Correct Hodl. Specifically on renewals of PR under Article 62 (a) of the mining code.You pay surface fees on both exploration and exploitation. It's just much less on exploration.
To get a cheaper settlement or a quick cheap sale outside the ICSID imoSo 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 .
On the other hand, I think we'll find that this document is indeed real.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.
What do you think the damages claim will be?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
Panic to cause yes votes, to sieze Manono, that's the only way they get it.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.
Yes - my mistake.You pay surface fees on both exploration and exploitation. It's just much less on exploration.
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.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.
Yes indeed you're senses are right.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.
Clearly a fake doc ; date and those pink boxes on pages 3 or 4 shows the doc was jammed through some cheap ass PDF editorOnly interesting part of the mmga shit is this document.
After it the MoM ordered the extension for 5 years for cominiere until 2027. The favorable decision from cami have been stopped and the transformation from a PR in a PE have been faded this month. Looks like the DRC is doing again the opposite they said to the company. I have no idea how this shit is matching with a MoU and pathing to ML. Any explanation anyone?
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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?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.
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.re the CAMI portal, it has shown Cominiere as the owner of 13359 for many months now. Mupande’s handiwork, presumably.
You're deluded imoClearly a fake doc ; date and those pink boxes on pages 3 or 4 shows the doc was jammed through some cheap ass PDF editor
Really , fair enough I used a host of pdf editors ; those pink boxes are on trial editorsYou're deluded imo
Fwiw I hear old mate doing the ring around telling people to flick their shares Mr multiYou're deluded imo
Everything in that document seems like good old regular batshit crazy DRC reasoning to me. Believe what you want. The truth is often what we make of it.Really , fair enough I used a host of pdf editors ; those pink boxes are on trial editors