Chilla
Regular
Wasnt too far offResource from recent drill results will be around 550Mt……worlds biggest Li resource.
Anchor price has gone up accordingly
$15 …. Or FO.
Wasnt too far offResource from recent drill results will be around 550Mt……worlds biggest Li resource.
Anchor price has gone up accordingly
$15 …. Or FO.
Can't believe management missed the opportunity to put an updated bubble graph into the announcement!Wasnt too far off
A very professional announcement and nothing like the amateurish misleading bullshit from Zijin, Cong and the MMGA stooges
There was a time some shareholders (like der geist) complained about not getting announcements. We have been getting announcements on everything since AVZ decided that being polite and respectful to the DRC wasn’t getting us anywhere and our best course of action was through ICC and ICSID arbitration.
I wonder if the latest farcical attempt at stalling by the stooges leaves a money trail back to Zijin and the CCP or Cong and Jerkoff, but whoever it leads back to will be footing the bill for this latest Supreme Court action. Blind Freddy can see all the misleading statements these MMGA stooges made in the lead up to the AGM.
And @Carlos, you’re legal attributes are greatly appreciated and provide a good balance to this forum
Thanks Bags but I'm definitely not a lawyer hahaAnd @Carlos, you’re legal attributes are greatly appreciated and provide a good balance to this forum
An upgrade announcement like that would have had whale pics coming left right and centre thick and fast once upon a time.
I miss the good ‘ol days
Just to confirm Carlos, the original "waiver" that we signed for to do a JV for the northern tenement, originally had the permiter higher north and didn't include the camp, the core shed and all the other infrastructure.
If they were so certain of holding on to that northern tenement because we "waived" it, why then did the manono Lithium JV permiter push further south to include all of the infrastructure? Would they not keep it as the original permiter, and fight that avenue if they thought we had legitamitely and legally waived the north? In moving further south on our land they've either shot themselves in the foot, OR, knowing that we still have full legal rights to the entire tenement, are trying to be sneaky fucks by pushing further south than they're entitled (as per their argument) in order to fuck with our infrastructure and play with the cores.
Yeah defo the waiver is for a 139 south / 82 north split not this new bullshit. Zijin trying to use shock and awe to make us think accepting the old split with them in charge is a good deal.Just to confirm Carlos, the original "waiver" that we signed for to do a JV for the northern tenement, originally had the permiter higher north and didn't include the camp, the core shed and all the other infrastructure.
If they were so certain of holding on to that northern tenement because we "waived" it, why then did the manono Lithium JV permiter push further south to include all of the infrastructure? Would they not keep it as the original permiter, and fight that avenue if they thought we had legitamitely and legally waived the north? In moving further south on our land they've either shot themselves in the foot, OR, knowing that we still have full legal rights to the entire tenement, are trying to be sneaky fucks by pushing further south than they're entitled (as per their argument) in order to fuck with our infrastructure and play with the cores.
Friday can't come soon enough.
Not long indeed 9Card - one more sleep until friday to be exact!
I can still give you a sexy whale. Nige stating that the figures are JORC compliant is going to give detractors a headache - they claimed we did nothing on the north, or that if we had it wasn't JORC compliant... DRC ministerial decree was looking shifty infront of the tribunal before, this is a nail in the coffin.
The new northern split is different from our original waived area by design, allows for the argument of 'they aren't the same, tribunal can't return it to the way that it was because it's apples and oranges.' But like ive said, its irrelevant because the root cause is the illegal revocation and subsequent actions based on the initial illegal action.
BOD and DLA clearly know what they are doing, this ann while worthy of whale pics, is actually part of the fight to secure the north for us - worst case, the ann just sets the foundation for damages.
Just a few days to go baby.
Yeah so it's clear that it's just goalpost shifting and they don't really have a legal leg to stand on.Yeah defo the waiver is for a 139 south / 82 north split not this new bullshit. Zijin trying to use shock and awe to make us think accepting the old split with them in charge is a good deal.
Judging by CDL announcement today it is up in the air how it will go but if Dathcom gets the north then we will need to negotiate a new JV with the other shareholders
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In the case we need to go for damages, who do you think will pay for it? I mean the drc is broke, they could never pay such a amount or need decades for it. And that’s the part that worries me the most.
I can still give you a sexy whale. Nige stating that the figures are JORC compliant is going to give detractors a headache - they claimed we did nothing on the north, or that if we had it wasn't JORC compliant... DRC ministerial decree was looking shifty infront of the tribunal before, this is a nail in the coffin.
The new northern split is different from our original waived area by design, allows for the argument of 'they aren't the same, tribunal can't return it to the way that it was because it's apples and oranges.' But like ive said, its irrelevant because the root cause is the illegal revocation and subsequent actions based on the initial illegal action.
BOD and DLA clearly know what they are doing, this ann while worthy of whale pics, is actually part of the fight to secure the north for us - worst case, the ann just sets the foundation for damages.
Just a few days to go baby.
one of the main reasons they pushed it south imo , was to deprive us of process water I.e they pushed the border just south of lake liska … double barrel but more of a lolz , was that it also meant that our camp which would be used for mining operations would be out of bounds to us , as it would be within the northern tenement .Just to confirm Carlos, the original "waiver" that we signed for to do a JV for the northern tenement, originally had the permiter higher north and didn't include the camp, the core shed and all the other infrastructure.
If they were so certain of holding on to that northern tenement because we "waived" it, why then did the manono Lithium JV perimiter push further south to include all of the infrastructure? Would they not keep it as the original perimiter, and fight that avenue if they thought we had legitamitely and legally waived the north? In moving further south on our land they've either shot themselves in the foot, OR, knowing that we still have full legal rights to the entire tenement, are trying to be sneaky fucks by pushing further south than they're entitled (as per their argument) in order to fuck with our infrastructure and play with the cores.
Friday can't come soon enough.
Not such a minor point when we add another 100 million tonnes to the existing monster. I think the BOD will announce the RD upgrade when NF finds a larger crayon to draw the new bubble graph. Will be little moons rotating around the mother planet.And....
We still haven't seen the update on the RD resource based on the extended drilling, which took place after the DFS.
Just a minor point.
Hi Jag so all jokes aside which are funny , do you think we can get a resolution sooner rather than later ??? i am 12 months till retirement and my boss just shut the companyHoots has been found
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Great post. Just to add a little tit bit, I don't see much noise about Zijin's Lawyers (CCP State Owned company) helping to defend the DRC Gov in the case AVZ have brought to the ICSID.I see the Australian puppets working for Fat Tail that are working in the interests of themselves and other non-DRC and non-Australian parties as traitors, nothing more nothing else.
They are clearly driven by greed and self-interest and don't care one bit for the harm and damage being caused to 20,000+ Aussie retail investors who have invested in AVZ. The results of the AGM were clear. What other evidence does Fat Tail need that their strategy is not supported and in the interests of shareholders?
I seriously don't have one group of people I despise more than those representing non-Australian interests, trying to rob shareholders by undermining what AVZ is trying to achieve ethically, and following DRC law and regulations that will significantly benefit one of the poorest localities in the world for generations to come.
It's so obvious AVZ is genuinely seeking to achieve win-win outcomes since they were incorporated, unlike the parties who have acted criminally for generations and say it but have never followed through with actions. I feel so sorry for the Monano populace who have never had people representing their interests. I hope they get this opportunity with AVZ and Australia for an increased standard of living, it might be the last chance for some.
It is also time for the Australian government and DFAT to step up get actively involved. Do something and stop being passive. Even if DFAT need to make an exemption on what they ordinarily get involved in terms of diplomacy and their mission, they should get involved in this - other government's countries are involved, so why isn't the Australian government actively involved. DFAT have an African office - this should be one of their priorities. I mean set up a special focus group to ensure Australian interests are represented and succeed rather than being walked over. The African office is set up to make sure foreign aid programs make a difference and flow through to where it is supposed to go. DFAT - one of the best aid programs you cold deliver is making sure AVZ start this project and deliver on their promises to the Monano community. Separate to this, there are 20000 + Aussie investors interests at stake here, let alone tax royalties that would flow to Auustralia, and the strategic importance of this project.
I am assuming this forthcoming election will be rigged in favour of "Felix the Cat" just like the last one that "elected" the Cat into the Presidential palace 5 years ago.DRC Elections are 20th December and I think there is a good chance Felix will loose. He didn't get the votes in 2018 and was only able to secure the presidency by doing a deal with Joseph Kabila. I dont think he will manage to do the same deal again so i dont see him winning. Knowing how corrupt the DRC is im sure he will try something shady to secure re-election so who knows.
But If he does loose i think Martin Fayulu has a good chance. The reading ive done so far suggests Martin is anti CCP and pro western nations so is a good opportunity to wipe the chess board clean and start fresh with a newly elected DRC Government. This would also nullify any under table dealings CCP has with Felix. Im thinking this is the better path for DRC as well as AVZ.
is that Lake "Lukushi" you're looking to reference there Obe?one of the main reasons they pushed it south imo , was to deprive us of process water I.e they pushed the border just south of lake liska … double barrel but more of a lolz , was that it also meant that our camp which would be used for mining operations would be out of bounds to us , as it would be within the northern tenement .
basically Cominiere /zijin wanted the power ( hydro plant ) and process water source ( lake Liska ) for the northern tenement and leave Dathcom to scratch its head and solves its new issues… Dathcom would also need to find a camp elsewhere for its camp required for mining operations
Hi Pokok, unfortunately I can’t answer that question but what I will say is this.Hi Jag so all jokes aside which are funny , do you think we can get a resolution sooner rather than later ??? i am 12 months till retirement and my boss just shut the company
Great response to a great post Fox - particularly relate to this part -"AFR are a pack of cock suckers". The lack of support for AVZ has been criminal! I hope all these corrupt fuckers receive swift and and brutal carma. In some ways it will be more satisfying than the coin when all is said and done.Great post. Just to add a little tit bit, I don't see much noise about Zijin's Lawyers (CCP State Owned company) helping to defend the DRC Gov in the case AVZ have brought to the ICSID.
So there is a state owned Chinese company, paying for legal council to support a foreign Government (DRC), against an Australian company (AVZ).
Wherein the DRC Gov and one of its majority owned subsidiaries have committed nothing less than fraud against said Australian company. (AVZ)
What a juicy story this would make in the AFR, shame the AFR are a pack of cock suckers. Any other takers out there or journalists that have the gumption to write a negative article about China, or have you all lost your nerve?
Of course this overlaps into concerns as to who is funding FAT TAIL imbeciles as well.