AVZ Discussion 2022

[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!

 

[obe wan]

Only 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?


View attachment 47431
View attachment 47432
View attachment 47433

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

 

[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.

 

[obe wan]

You're deluded imo

Really , fair enough I used a host of pdf editors ; those pink boxes are on trial editors

 

[obe wan]

You're deluded imo

Fwiw I hear old mate doing the ring around telling people to flick their shares Mr multi

 

[Carlos Danger]

Really , fair enough I used a host of pdf editors ; those pink boxes are on trial editors

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.

 

[Azzler]

Look at the original, there is nothing of the things you describe. In my opinion it's because of that translation google tool.

original french:

https://static1.squarespace.com/static/64ee6c3e2f73c74b4d160c0a/t/6530b54729a3e421bb9594d2/1697690969909/notification+arrêté+ministériel+portant+prorogatio_231013_161203+(84409343).PDF

Real or fake I don't think the document tells us anything anyway.
And because it lines up with changes to CAMI, doesn't mean the WHOLE document is undoctored. Not saying it is I'm just saying it doesn't prove anything.

 

[MoneyBags1348]

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.
View attachment 47444
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On the 27/12/2021 when the new grant date for the PR is, the project was still in Dathcom’s name.

Dathcom made the original application, not Cominiere

New PR given on that date, Cominiere still trying to claim the rights. CAMI portal just changing the new PR date

You lot can speculate from here, I don’t feel like staying up until 3am again

 

[dollarbills]

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

This will need a 5 part series with the amount of fuckerys going on..
Let’s hope the BoD address these recent issues soon, whether positive or negative

 

[j.l]

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

Ah, interesting. Let's hope the settlement equates to something worthwhile.

 

[j.l]

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

I can second that.

 

[Horse]

Feel like people are stressing over this change on CAMI website too much.

We've seen this shit pulled off in the past, changes to website, different documents, lots of bs.. regardless if true or not, AVZ are negotiating higher than this.

AVZ were recently discussed in the last minister meeting. This document appears to be signed on the 1st October, approx. three weeks ago. Lots has changed since then, few announcements released. Minister of justice is now handling this. Presumably this document may have been what forced the Presidents hand to delegate control over to the MOJ, no one knows and until we hear official announcements, everything else is potential lies...

just my two bob.

 

[Azzler]

Feel like people are stressing over this change on CAMI website too much.

We've seen this shit pulled off in the past, changes to website, different documents, lots of bs.. regardless if true or not, AVZ are negotiating higher than this.

AVZ were recently discussed in the last minister meeting. This document appears to be signed on the 1st October, approx. three weeks ago. Lots has changed since then, few announcements released. Minister of justice is now handling this. Presumably this document may have been what forced the Presidents hand to delegate control over to the MOJ, no one knows and until we hear official announcements, everything else is potential lies...

just my two bob.

Yes and a couple of punters unhappy with the lack of panic.

 

[Carlos Danger]

On the 27/12/2021 when the new grant date for the PR is, the project was still in Dathcom’s name.

Dathcom made the original application, not Cominiere

New PR given on that date, Cominiere still trying to claim the rights. CAMI portal just changing the new PR date

You lot can speculate from here, I don’t feel like staying up until 3am again

Yeah obviously I agree but the MoM is citing the termination of the Dathcom JVA. The MoM could come back over the top with a new decree giving it back to Dathcom once the ICC is finalised but shouldn't the emergency order preventing actions being taken be enough. The MoM using that reasoning in her justification is a clear violation of the ICC order by extending Cominiere's rights to the project even if potentially temporarily imo

 

[Carlos Danger]

Feel like people are stressing over this change on CAMI website too much.

We've seen this shit pulled off in the past, changes to website, different documents, lots of bs.. regardless if true or not, AVZ are negotiating higher than this.

AVZ were recently discussed in the last minister meeting. This document appears to be signed on the 1st October, approx. three weeks ago. Lots has changed since then, few announcements released. Minister of justice is now handling this. Presumably this document may have been what forced the Presidents hand to delegate control over to the MOJ, no one knows and until we hear official announcements, everything else is potential lies...

just my two bob.

If Mupande was still around obviously I would agree. But CAMI is under new management. Why do you think that we have been transferred to the MoJ?

 

[Roon]

Feel like people are stressing over this change on CAMI website too much.

We've seen this shit pulled off in the past, changes to website, different documents, lots of bs.. regardless if true or not, AVZ are negotiating higher than this.

AVZ were recently discussed in the last minister meeting. This document appears to be signed on the 1st October, approx. three weeks ago. Lots has changed since then, few announcements released. Minister of justice is now handling this. Presumably this document may have been what forced the Presidents hand to delegate control over to the MOJ, no one knows and until we hear official announcements, everything else is potential lies...

just my two bob.

A signed order by the MoM reissuing and extending the Manono exploration permit to Cominiere is a little more significant than a change on the CAMI website in my view. It would seem to solidify the position that Dathcom has been removed from the licence. That would of course raise the question then of why MMGA would still be fighting for a worthless shell - so obviously things aren't all done and dusted yet. Nonetheless it seems a step in the direction towards what cominiere have been talking about, them being given the exploration permit, sans AVZ/dathcom, to then go for a PE and then no doubt to then enter into the new JV they were talking about with Zijin to develop the mine. Let's see if ongoing discussions with senior leaders towards this MoU can avoid this outcome. But the Mom's apparent involvement in transferring the title is disheartening.

And besides, if you read the translation of the ministerial meeting, it is talking about several cases of litigation against the DRC government being addressed by the Ministry of Justice. Including ours. Who else would you expect to be orchestrating the response to a legal action launched against the DRC?

And if we had been diligently negotiating an MoU towards a ML for months since the start of ICSID, and were close to fruition, as suggested by the announcements, then why would the AVZ file be being turned over to a new team?