AVZ Discussion 2022

[Winenut]

I'm on. speak a bit of French. But what is this zoom about please?

Includes NGO's so it's potentially a reasonably broad discussion

Hope that helps

 

[Winenut]

View attachment 7180

Thought you were on "holidays"

 

[Sammy_da_Smile]

A question that just got raised in the chat.

 

[Sparrowhawk12]

All the chat text so far, converted to English. I'll exit soon.

From jeanpierreokenda to Everyone: 08:36 PM
Me Georges, I have a question
From Adrien M. / LITRASE RDC to Everyone: 08:37 PM
Good question
From jeanpierreokenda to Everyone: 08:38 PM
I hope Me Georges reads the questions asked here.
From Denis to Everyone: 08:47 PM
Why is this person from Cominier not in prison?
From Merci Dieu THUAMBE to Everyone: 08:49 PM
Respect for time dear georges
From Joe to Everyone: 08:49 PM
who owns dathcom?
From Jean-Paul Piurac to Everyone: 08:50 PM
Can the speakers confirm that there were not 2 versions of feasibility studies?
From Paul to Everyone: 08:51 PM
Conclusions of the IGF on the illegal activities of Cominiere and Zijins with regard to the mine of Manono. Have these been discussed and condemned? as such, was AVZ's offer which was far superior and better for DR Congo also made public to the group here today so they can view the matches in progress?
From Kevin L to Everyone: 08:51 PM
Do some people from COMINIERE put the interests of ZIJIN before those of the Congolese?
From Joe to Everyone: 08:55 PM
the Chinese made a better offer.
From Paul to Everyone: 09:01 PM
Have you seen the AVZ offer? Did they mention it here or just the money that was offered? they also offered 8% in AVZ shares for example. Lots of lies from those involved in corruption here.
From Paul to Everyone: 09:08 PM
8% of AVZ is worth much more than 33 million. Then look at the dividends they will receive from the shares. It is shameful that people are told that China's offer was better.

 

[Winenut]

I'm there as.....

View attachment 7182

That is so clandestine you should be flying a Lysander...

You can google that shit

 

[Winenut]

All the chat text so far, converted to English. I'll exit soon.

From jeanpierreokenda to Everyone: 08:36 PM
Me Georges, I have a question
From Adrien M. / LITRASE RDC to Everyone: 08:37 PM
Good question
From jeanpierreokenda to Everyone: 08:38 PM
I hope Me Georges reads the questions asked here.
From Denis to Everyone: 08:47 PM
Why is this person from Cominier not in prison?
From Merci Dieu THUAMBE to Everyone: 08:49 PM
Respect for time dear georges
From Joe to Everyone: 08:49 PM
who owns dathcom?
From Jean-Paul Piurac to Everyone: 08:50 PM
Can the speakers confirm that there were not 2 versions of feasibility studies?
From Paul to Everyone: 08:51 PM
Conclusions of the IGF on the illegal activities of Cominiere and Zijins with regard to the mine of Manono. Have these been discussed and condemned? as such, was AVZ's offer which was far superior and better for DR Congo also made public to the group here today so they can view the matches in progress?
From Kevin L to Everyone: 08:51 PM
Do some people from COMINIERE put the interests of ZIJIN before those of the Congolese?
From Joe to Everyone: 08:55 PM
the Chinese made a better offer.
From Paul to Everyone: 09:01 PM
Have you seen the AVZ offer? Did they mention it here or just the money that was offered? they also offered 8% in AVZ shares for example. Lots of lies from those involved in corruption here.
From Paul to Everyone: 09:08 PM
8% of AVZ is worth much more than 33 million. Then look at the dividends they will receive from the shares. It is shameful that people are told that China's offer was better.

That's very much appreciated Hawk

Thank you for posting

 

[TDITD]

I bet that Paul character is a handsome chap.

 

[Mickdavo]

Well the phone vibrating next to the camera woke me up! (Still don't understand a word!)

 

[Frederick Will]

*Fyi, fwiw, To add to my previous post,

Too much high level, country-building and DRC world-building stuff happening now to give the Zijin much airspace.

Felix knows that if he can pull off full vertical integration for EV batteries, the DRC will never look back.

This is his country's generational moment.

It would be inconceivable if Felix didn't bat down anything (illegal) that would hamper something this significant. Genuine progress is being made here, and tbh, reasonably quickly.

Telephone meetings in Feb have turned into in-person meetings with CATL in May. Felix is entering the world stage atm, and I believe he and his ministers are smart enough no know the West is watching, via credit rating boosts, etc. IMO, the recent CATL meeting is the tell; it indicates (to me) the delicate balance of percentages are being taking care of.

I might be dead wrong, but I cannot see how Felix would get his battery hub with mucking around with ownership percentages this late in the game. CATL is Chinese, but they're notable leaders on the world stage and integral to Tesla's success (and other multi-billion dollar companies).

Perhaps, in Felix's mind, vertical integration for his country IS the basic issue and everything else is back-burner.

If this is the case, I would assume continued bullish tone from Nigel.

Let's remember, it all started here, and branched out very rapidly from Dec2021 onwards.

"Study by BloombergNEF (BNEF) on a unified African supply chain estimates that it would cost $39 million to build a 10,000 metric-ton cathode precursor plant in the DRC.

This is three times cheaper than what a similar plant in the U.S. would cost."

*recent dates first,

• CATL has an in-person w/ minister of industry re: battery pilot plant - May 15
• 545m African Dev Bank debt funding package - March27
• UN establishing consultants to establish battery precursor plant in Katanga - March 28
• Feliz jumps on a call with CATL - Feb 12
• DR Congo and Dubai Port world to invest in deep water port - Jan31
• DRC minister of finance announces jump in credit rating - Jan30
• Felix meets with US Dep Security Advisor - Jan 28
• Felix talks with his PM, mining minister and government delegates focus on Li projects in Katanga - Jan22
• Felix tells his ministers to get busy with manufacturing EV batteries in DRC with 3 month window - Dec19

If any of you fools think Felix is going to put up with "snacks," you're misguided.

staypuff​

Food for thought

Frank

Always love your posts but this is one of your best! Thanks for all the effort

 

[DiscoDanNZ]

You in the zoom there @DiscoDanNZ ?

Negative, didn't know it was on and the Mrs leaves for a week tomorrow so I'm being a good husband tonight.

Don't speak French anyway... Looking forward to reading the outcomes from you guys though.

 

[BEISHA]

My bad

I blame Covid head fog and will be retiring to bed very shortly

Focker out...

How is COVID treating you ? What are your symptoms ?

Never had Covid, doing my level best to avoid it.

Take care

 

[Sammy_da_Smile]

Yeh I was thinking of being a snake in the grass with that name, see if anyone suss would start a private convo

 

[LX600]

Yeh I was thinking of being a snake in the grass with that name, see if anyone suss would start a private convo

No, did anyone message you

 

[Sammy_da_Smile]

Damn, I should have made that my middle name

 

[JAG]

 

[Winenut]

How is COVID treating you ? What are your symptoms ?

Never had Covid, doing my level best to avoid it.

Take care

Thanks Beisha

I've never had it till now either!

I think it's different for everyone who gets it

Our good friend @Dazmac66 is a case in point (hope you're on the comback trail there buddy )

My symptoms were like the flu but different

Headaches, joint pain, huge fogginess in the head, confusion, massive fatigue (wanted to sleep but couldn't which was weird) sore throat (not massive) coughing (dry), runny nose (not so much blocked), chills for me (not so much fever)

On top of that my wife and kids had been crook for a number of weeks

I was last man standing but they had all tested negative to that point

To be honest I really didn't think I had Covid

Currently I care for my mum who has dementia and my mentally ill sister who still reside in the family home from my childhood in the 60's

I quit work after dad passed away early 2021 as mum and my sister at that point needed help and fortunately I was in a position to provide it

I only got the PCR test because I wanted to make sure I didn't go to the family home with covid.....there is a very strong chance (given her age and health) that if mum gets the flu let alone Covid it would be terrible

Worth checking out the symptoms and being aware

Don't hesitate to get a PCR or a RAT to confirm or eliminate your Covid status

Most of all make sure you're okay and all your loved ones

 

[CashKing]

Thanks Beisha

I've never had it till now either!

I think it's different for everyone who gets it

Our good friend @Dazmac66 is a case in point (hope you're on the comback trail there buddy )

My symptoms were like the flu but different

Headaches, joint pain, huge fogginess in the head, confusion, massive fatigue (wanted to sleep but couldn't which was weird) sore throat (not massive) coughing (dry), runny nose (not so much blocked), chills for me (not so much fever)

On top of that my wife and kids had been crook for a number of weeks

I was last man standing but they had all tested negative to that point

To be honest I really didn't think I had Covid

Currently I care for my mum who has dementia and my mentally ill sister who still reside in the family home from my childhood in the 60's

I quit work after dad passed away early 2021 as mum and my sister at that point needed help and fortunately I was in a position to provide it

I only got the PCR test because I wanted to make sure I didn't go to the family home with covid.....there is a very strong chance (given her age and health) that if mum gets the flu let alone Covid it would be terrible

Worth checking out the symptoms and being aware

Don't hesitate to get a PCR or a RAT to confirm or eliminate your Covid status

Most of all make sure you're okay and all your loved ones

Keep The fluids up mate hope all goes well

 

[BEISHA]

Thanks Beisha

I've never had it till now either!

I think it's different for everyone who gets it

Our good friend @Dazmac66 is a case in point (hope you're on the comback trail there buddy )

My symptoms were like the flu but different

Headaches, joint pain, huge fogginess in the head, confusion, massive fatigue (wanted to sleep but couldn't which was weird) sore throat (not massive) coughing (dry), runny nose (not so much blocked), chills for me (not so much fever)

On top of that my wife and kids had been crook for a number of weeks

I was last man standing but they had all tested negative to that point

To be honest I really didn't think I had Covid

Currently I care for my mum who has dementia and my mentally ill sister who still reside in the family home from my childhood in the 60's

I quit work after dad passed away early 2021 as mum and my sister at that point needed help and fortunately I was in a position to provide it

I only got the PCR test because I wanted to make sure I didn't go to the family home with covid.....there is a very strong chance (given her age and health) that if mum gets the flu let alone Covid it would be terrible

Worth checking out the symptoms and being aware

Don't hesitate to get a PCR or a RAT to confirm or eliminate your Covid status

Most of all make sure you're okay and all your loved ones

OMG dude, your description of your symptoms sounds bad enuff, cant imagine what @Dazmac66 went thru having to be hospitalised, i realise that symptoms vary from person to person, some say its just like a flu and done and dusted in 3 days, others say the contrary, so thats the reason why i asked.

Really sad to hear about your dad passing , your Mum with dementia and your sister with mental health, faaaaark, thats FULL ON!!

Your not alone dude, my father in law has dementia and my mother in law at age 85 is still cleaning his excrement, cooking , cleaning a full house , dreadful disease, i gotta whole heap of other family drama as well, but i wont elaborate, could write a MILLS & BOON book series about my families past and present !!

RAT tests are pretty useless if i understand properly, PCR is the way to go from the getko to get a accurate appraisal IMO.

We have alot in common , adversity is my middle name, hang in there and if you need to blow off some steam and have a vent, just PM me, happy to chat.

Take care.

 

[Retrobyte]

So the weekly meeting wasn't insightful even though AVZ and Zijin were both there?

 

[Frank]

View attachment 7183



Includes NGO's so it's potentially a reasonably broad discussion

Hope that helps

*Speaking of DRC Mining Projects and AJN, did you see where,

Creation of "Congo Resources": the DRC values its mining assets

A step is taken in the DRC.

Through the Ministry of Portfolio led by the Minister of State, Princess Adèle Kayinda Mahina, the batteries are started to end the paradox of a country with a huge potential for mining resources, but with sites bearers of this potential remaining at the rudimentary stage of the recovery of the research permit.

In a complex decor of existing companies having accumulated a liability making their use difficult as a real financial vehicle for the enhancement of the mining heritage of the State through the financial markets, the Government of the Republic has decided to create another structure state capable of accomplishing this task.

This is "Congo Resources".

This entity whose creation was announced to the media on Thursday, May 19 by the Minister of State in charge of the portfolio, will work in partnership with the Canadian Law Company "AJN Resources Inc", listed on the Canadian stock market.

According to the Minister of State in charge of the portfolio, the valuation of mining assets will be done through the stock markets of the world, and it will make it possible to lift the funds which will be assigned to the certification of our reserves and will serve as collateral guarantees for Big investments.

Congo Resources will therefore be a national exploration and development company focused on the acquisition, development and constitution of convertible mining assets.

For over 75 years, a large number of mining assets (Green Fields type) of which those of Sokimo have still not been valued by the State.

They remained unexploited by state companies and are now in the public domain of the State without having been valued.

A situation that remains non -beneficial to the Congolese state, because these assets have brought nothing to the public treasury for decades.

Building on this alarming observation, the need to enhance these assets and the requirement for important capital.

This implies real investment in the research permits that have been established and identified for these dormant assets which are now in the public domain.

This is why, the State, via the Ministry of the Portfolio, proposed and obtained the creation of a portfolio company, "Congo Resources" 100% controlled by the State, to whom the various mining assets concerned will be transferred by the operation.

Congo Resources will make available to a partner operating on the financial market, said active, with a view to raising funds that will enable them to be valued and the partner chosen after a meticulous study is AJN Resources.

The partnership contract signed on May 5, 2022 in Kinshasa between the Congolese party, represented by Princess Adèle Kayinda Mahina and Antoinette N'Samba Kalambayi, respectively Minister of State, Minister of Portfolio and Minister of Mines, and the AJN Resources party, represented by Mr. Klauss Eckhof, lighting up on the various commitments relating to the scope of research mining activities covering the mining areas of Gada-Manga-Rambi, Zani, Moku and Manono.

Diversification of partnership with research permits on lithium and cobalt

AJN, it is noted, undertakes to issue in favor of the Congolese State a number of ordinary shares representative of its capital up to 60% of all the actions put in circulation in AJN.

And it also undertakes to mobilize the substantial funding which makes it possible to cover all the costs linked to the carrying out of geological studies, in accordance with the program to be developed and to be determined by the two parties by mutual agreement and within the best period.

The Congolese state, for its part, undertakes to make available to AJN all the documentation relating to the prospects and mining assets targeted.

And in the event that AJN succeeds in raising the funds to enhance mining assets, the Congolese state undertakes to have the capital of the company vehicle operated for the benefit of AJN to 40% maximum.

And according to the partnership roadmap, it is planned in the medium and long term, the diversification of the partnership by integrating other permits to search for lithium, cobalt and chrome to allow Congo Resources and AJN to secure the supply of minerals for the initiative to create a chain of battery values in the DRC.

Basically, there is nothing of a sell-off contract as some fishermen in troubled waters want to present it.

This is indeed the materialization of the decisions taken at the 45th and 49th meetings of the Council of Ministers of the Government, held respectively on March 18 and April 15, 2022, and in which questions on the development, enhancement and the promotion of the mining assets of the DRC were presented and defended by the Minister of State in charge of the Portfolio.

www.mediacongo.net/home.html

IIF interviews Eric Allard, CEO, Tantalex Lithium Resources at the Mining Indaba 2022 in Cape Town​

Like Lithium through the

So are the DRC Days of our Lives

Food for thought

Frank