AVZ Discussion 2022

[Deleted member 2378]

It's been 50 days since the ICSID interim orders decision and CAMI still shows Cominiere holding 13359. Without us making significant compromises this won't be resolved with an ML any time soon.

Most likely we will need to go the distance at the ICSID and hope China pays the damages or we can seize enough assets to get our money. At this point anything sooner than a few more years of waiting where we don't get completely rat fucked will be a miracle imo

I fully agree. But the problem is the salaries and legal fees for more years. They don’t respected the ICSID orders, in my opinion Locke will not invest in that shithole. Then we only can relist and crash under a cent or we are not able to continue with the icsid over the full distance. Only Locke, a relist or dust and the rest of the money goes to the bod and lawyers, with the information they did what they can…goodbye. And of course the option a ML. But I guess I will win the lottery before this happens. One way or a other in the next few weeks we know more about the path we are going.

 

[CHB]

I fully agree. But the problem is the salaries and legal fees for more years. They don’t respected the ICSID orders, in my opinion Locke will not invest in that shithole. Then we only can relist and crash under a cent or we are not able to continue with the icsid over the full distance. Only Locke, a relist or dust and the rest of the money goes to the bod and lawyers, with the information they did what they can…goodbye. And of course the option a ML. But I guess I will win the lottery before this happens. One way or a other in the next few weeks we know more about the path we are going.

Good news, we will know within 3 weeks.


....unless there is an extension..

 

[Mute22]

Let's

Good news, we will know within 3 weeks.


....unless there is an extension..

Let's be real, we probably won't.

The optimist inside me says delays in ICSID is because the DRC has begun negotiating in good faith, hence why Comminerie is freaking out on X.

But if I am being honest with myself, my gut says we are just beginning phase 2 of this battle. If you think our enemies don't have plans for each outcome and contingency to protect their interests with much deeper pockets than AVZ you're dreaming.

 

[Randenj]

Ok I'm now venting! Held my peace for a while reading others who giving voice to my own frustrations. But travelling home today I saw that that the old family home (built 1890s) is up for auction. If only we were trading with a ML...............

 

[Remark]

I fully agree. But the problem is the salaries and legal fees for more years. They don’t respected the ICSID orders, in my opinion Locke will not invest in that shithole. Then we only can relist and crash under a cent or we are not able to continue with the icsid over the full distance. Only Locke, a relist or dust and the rest of the money goes to the bod and lawyers, with the information they did what they can…goodbye. And of course the option a ML. But I guess I will win the lottery before this happens. One way or a other in the next few weeks we know more about the path we are going.

Well aren't you another ray of fucking sunshine!

 

[CHB]

Let's

Let's be real, we probably won't.

The optimist inside me says delays in ICSID is because the DRC has begun negotiating in good faith, hence why Comminerie is freaking out on X.

But if I am being honest with myself, my gut says we are just beginning phase 2 of this battle. If you think our enemies don't have plans for each outcome and contingency to protect their interests with much deeper pockets than AVZ you're dreaming.

Nah I'm referring to Locke and funding.

And yes I agree with your gut on the other stuff.

 

[Mute22]

Search volume for AVZ in Europe has dropped off (Austria was #1 for search back in 2022) however interest is stronger than ever in the DRC.

I remember checking this back in 2021 and it was basically only Australia, Austria and Germany with DRC having very little search results.

I suppose we have the few good journalists in the DRC for keeping interest with the locals. Although 95% of the searches are probably Comminerie seething.

 

[RHyNO]

The ASX Announcements do not operate like a chat forum. We all know what sovereign risk is (and if you dont then thats on you). We also know that things are very fluid at the moment and the Board cannot make announcements unless they are cemented in fact and signed sealed and delivered. Nigel has as I understand it 50,000,000 + shares at risk and so he definitely has skin in the game and would want to maximize value.

We need to wait for the announcements as there is no point in speculating.

The DRC have been known to say one thing and do something else - its a challenge and I wouldnt want to be dealing with the associated stress and dangers that are the DRC.

Oh and by the way, I certainly would have liked to retire now but clearly cant because of our current predicament. The only option we have is to fully support the Board and you all can have your say at the next AGM.

Feel free to nominate yourself for a Board position if you think you have the solutions and answers. You couldnt pay me enough to be dealing with the stress and challenges of the DRC.

Anyway, I am simply waiting for the announcements and I fully support the Board under these exceptionally difficult circumstances.


Regards,

SilentOne - DYOR

His fantasy share value is certainly something but skin it is not! Skin implies if it goes bad he loses something. To lose skin. His pay packet is 3 times what it should be. He paid himself performance bonuses while we were in suspension for 17 months. What skin!!! He’s taken home 3million dollars to get us all into this mess. The guy has no idea how to use the media, no idea about international law and it’s implications. You could absolutely pay me $400k a year to take shit from a bunch of corrupt ministers and mislead shareholders about the strength of their investment ownership. Where do I sign!!! I don’t want to be on the board. I just want to sell my shares when the sovereign risk is to great for my appetite. Like now. Or within days of the revelation of this outcome.

 

[SilentOne]

His fantasy share value is certainly something but skin it is not! Skin implies if it goes bad he loses something. To lose skin. His pay packet is 3 times what it should be. He paid himself performance bonuses while we were in suspension for 17 months. What skin!!! He’s taken home 3million dollars to get us all into this mess. The guy has no idea how to use the media, no idea about international law and it’s implications. You could absolutely pay me $400k a year to take shit from a bunch of corrupt ministers and mislead shareholders about the strength of their investment ownership. Where do I sign!!! I don’t want to be on the board. I just want to sell my shares when the sovereign risk is to great for my appetite. Like now. Or within days of the revelation of this outcome.

Hi RHyN)1980,

Well I look forward to seeing you running for a Board position at the next AGM and providing us a presentation on your vision.

I stand by Nigel and the hard work that he and his team have put in.

I have worked in 3rd world countries and understand how that part of the world operates. Nigel and his team would be working long and hard and also navigating the dangers of the region. I certainly wouldn't want the job and you couldn't pay me enough to do it.

But hey look forward to seeing you nominate, and we can see after the vote who agrees with you.

Regards,

SilentOne

 

[wombat74]

Where's this big announcement that was supposed to drop on Tuesday ?

 

[GuruDukun]

Anyone have access to Africa Business?

 

[GuruDukun]

Tenders for constructions for Manono Lithium...

MANONO LITHIUM SAS en République démocratique du Congo : le projet de station de transfert logistique de likasi de la mine de lithium de Manono et le projet fragmentaire anticipé à mettre en œuvre

招标公告 Avis d'appel d'offres 马诺诺锂矿利卡西物流中转站工程和先期实施零星工程项目招标书 Lettre d'invitation à soumissionner pour le projet de station de transfert logistique de likasi de la mine de lithium de Manono et le projet fragmentaire anticipé à mettre en œuvre 刚果民主共和国马诺诺锂业简易股份有限公司，法文全称： MANONO LITHIUM...

www.radiookapi.net

 

[Hodlandwin69]

Where's this big announcement that was supposed to drop on Tuesday ?

Delayed bro

 

[taofufa]

Tenders for constructions for Manono Lithium...

MANONO LITHIUM SAS en République démocratique du Congo : le projet de station de transfert logistique de likasi de la mine de lithium de Manono et le projet fragmentaire anticipé à mettre en œuvre

招标公告 Avis d'appel d'offres 马诺诺锂矿利卡西物流中转站工程和先期实施零星工程项目招标书 Lettre d'invitation à soumissionner pour le projet de station de transfert logistique de likasi de la mine de lithium de Manono et le projet fragmentaire anticipé à mettre en œuvre 刚果民主共和国马诺诺锂业简易股份有限公司，法文全称： MANONO LITHIUM...

www.radiookapi.net

View attachment 58705

Anticipated piecemeal project to be implemented of Manono lithium mine：All works under this project are to be carried out between March 20, 2024-December 31, 2024.

 

[Winenut]

what a nightmare.....they're pushing on with tenders and we're fucked

 

[taofufa]

what a nightmare.....they're pushing on with tenders and we're fucked

Hate to be negative but this is concerning

 

[cruiser51]

I wish FT would read this correct observation, but he is probably still planting trees in the Qatar desert, while it is not too hot.

 

[Bray]

Anticipated piecemeal project to be implemented of Manono lithium mine：All works under this project are to be carried out between March 20, 2024-December 31, 2024.

Hahah what a joke we are so fucking fuckeded

 

[David Krappenschitz]

Tenders for constructions for Manono Lithium...

MANONO LITHIUM SAS en République démocratique du Congo : le projet de station de transfert logistique de likasi de la mine de lithium de Manono et le projet fragmentaire anticipé à mettre en œuvre

招标公告 Avis d'appel d'offres 马诺诺锂矿利卡西物流中转站工程和先期实施零星工程项目招标书 Lettre d'invitation à soumissionner pour le projet de station de transfert logistique de likasi de la mine de lithium de Manono et le projet fragmentaire anticipé à mettre en œuvre 刚果民主共和国马诺诺锂业简易股份有限公司，法文全称： MANONO LITHIUM...

www.radiookapi.net

View attachment 58705

would this just be for the northern section?

 

[wombat74]

would this just be for the northern section?

I would have thought so . Is anyone surprised ?