AVZ Discussion 2022

[Nbaz]

Fair enough baz

Fair enough indeed. Yours and moneybags response to my question just illustrates the stress of the situation. Everyone is jumping at shadows. I was mearly thinking worst case scenario out loud to people who are much smarter and more in the know than I am

 

[wombat74]

It's legit. The dates of grant and expiry are the same in the document which are now seen on the CAMI portal. Up until recently this had Dathcom's old grant and expiry dates under Cominiere's name.

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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 .

 

[Doc]

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 .

Something as potentially significant as this would warrant a response from AVZ no?

 

[Mr Inappropriate]

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!

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.

 

[Mr Inappropriate]

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 this 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.

Mind you, I would piss myself if old mate CKK rushed to pay the fee into the listed bank account, to later discover the document was fake and the account owner was…

 

[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.

 

[Azzler]

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.

 

[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