Winenut
Go AVZ!
The buyer yes.......the seller .....well ....happy daze I guessA single trade that day at .75. Imagine being that guy...brutal
AVZ Discussion 2022
- Thread starter GazDix
- Start date
TheCount
Regular
Friday night, new topic:
Just back at the Novotel with the Countess after enduring what has to be the worst stage show I have ever seen…. AVOID &Juliet like the plague!!!!! I wanted to leave after 15 minutes and finally clapped when they finished the whole show as I knew the noise would stop!!!!!
Aaaaaaarrrrrrrrggggggghhhhhhhh. What a shitshow…..
Shame really as I like the British soundtrack….
Oh well, back to the view and a few more reds…
Just back at the Novotel with the Countess after enduring what has to be the worst stage show I have ever seen…. AVOID &Juliet like the plague!!!!! I wanted to leave after 15 minutes and finally clapped when they finished the whole show as I knew the noise would stop!!!!!
Aaaaaaarrrrrrrrggggggghhhhhhhh. What a shitshow…..
Shame really as I like the British soundtrack….
Oh well, back to the view and a few more reds…
Winenut
Go AVZ!
Dodgy weird website with broken links amongst other thingsCominiere's new website... interesting that AVZ got mentionedContactez-nous - COMINIERE SA
Spread the loveImmeuble AIME TOWER, M7RG+9FG, Kinshasa à M7RG+9FG Immeuble AIME TOWER, Kinshasa – Google Mapscominiere.com
Who knows with this mob and this journery I guess
Winenut
Go AVZ!
Sad to hear it was a crap show there Count
Night at the Novotel with the Countess and some red wine has to be the best consolation prize ever I'm guessing
CashKing
Regular
No Balcony there mateSad to hear it was a crap show there Count
Night at the Novotel with the Countess and some red wine has to be the best consolation prize ever I'm guessing
JAG
Top 20
I've posted some dumb shit over my time but can I suggest that only facts be posted until we close out the International court cases.
If we fail in what is rightfully ours then by all means, post what you feel.
These corrupt arseholes will use and twist what is said either here or on twitter to benefit themselves like the below.
AVZ DID NOT MAKE ANY THREATS
7sur7.cd
ShareFacebookTwitterLinkedInWordPressMessengerWhatsAppSkypeViberMessageOutlook.comEmail
Image
The series of violations of the law, breaches of contract committed by AVZ resulted in the stagnation of the Manono mine for seven years, but AVZ, through its advisors, shareholders and writers, blamed the state and people of the DRC for the stagnation of the Manono mine and engaged in condescending abuses, discrimination and even personal threats.
On 10 July 2023, the AFR (The Australian Financial Review) published an article entitled "Former AVZ chairman slams 'racist' shareholders, plots new Manono deal", in which it castigates AVZ for its racism and insults towards the DRC, exposing the mask of hypocrisy and showing the people of the DRC the true face of the so-called "Australian investor".
Link to article: https://t.co/BceCinBdIj
If AVZ truly considered itself to be a legitimate investor, it should openly explain the following information to its shareholders and the public, instead of misleading investors and personally threatening the CEO of its shareholder Cominiere:
1. How do I acquire 60% of the shares? On November 30, 2022, the IGF published a report that said: "The partner DATHOMIR... sell 60% of the shares to AVZ International in violation of the provisions of the joint venture agreement in Article 16 point (f) relating to its commitments and according to which it could not sell its shares before the date of commercial production."
2. Why were the three mining titles divested? On November 30, 2022, the IGF published a report indicating that AVZ had made the divestitures of three mining titles constituting COMINIERE S.A.'s contribution to DATHCOM Mining.
3. How to explain insider trading between AVZ and AJN? On April 1, 2022, AVZ individually renounced 82 squares in the north of the PR13359 without the consent of the other shareholders by filing an application for the transformation of PR into a PE with the Ministry of Mines, while on November 19 of the same year, AJN announced that 82 squares in the northeast of the PR13359 will be successfully transferred to Congo Ressource SAU in the coming weeks.
4. How can we explain the criminal conviction of the CEO of Dathcom? In 2022, AVZ-appointed Datchom CEO Graem Johson Godsman was sentenced to three years in prison and $25 million in compensation by the court in the Democratic Republic of Congo (DRC) in the case of "falsification of Avz's 75% stake in Dathcom's shareholding register."
5. How can the violation of funding commitments or falsification by AVZ be explained? Article 69 (h) of the Mining Code stipulates that an application for an MOU requires the financing plan with identification of the sources of financing targeted, and Article 71 (b) requires specifying each type of financing, the sources of financing targeted and the likely availability, the share capital cannot be less than 40% of the said resources.
6. How can we explain that the feasibility study submitted by AVZ was not approved by Cominiere? AVZ did not submit the final feasibility study to Cominiere before the Ministry of Mines in April 2020, let alone obtaining Cominiere's approval, nor the approval of Dathcom's board of directors and shareholders' meeting, which is a serious violation of Articles 6.2 and 6.4 of the joint venture agreement. Cominiere may terminate the joint venture agreement and recover the mineral rights from PR on the basis of such breach.
7. How can we explain that after seven years of AVZ's involvement, the Manono mine has still not entered the construction phase, let alone the commercial production phase? Huayou Cobalt, which is the majority shareholder of AVZ and owns the CDM copper and cobalt mine in the DRC. Huayou Cobalt's Arcadia lithium project in Zimbabwe has completed construction and entered commercial production within two years.
8. How to compensate shareholders and investors for the loss due to the drop in the price of lithium? From 2016 to 2022, the price of lithium carbonate has risen steadily, and the price of lithium carbonate even exceeded US$70,000 per ton in 2022, but in December 2023, the futures price of lithium carbonate fell below US$10,000 per ton.
Christian Kakule
If we fail in what is rightfully ours then by all means, post what you feel.
These corrupt arseholes will use and twist what is said either here or on twitter to benefit themselves like the below.
AVZ DID NOT MAKE ANY THREATS
RDC - Lithium de Manono : "Choc : AVZ profère des menaces de mort contre le DG de Cominiere et sa famille" (Tribune)
Récemment, AVZ a menacé de mort le directeur général de Cominiere et sa famille via les médias sociaux (voir capture d'écran). Les agissements d'AVZ rappellent le tyran Léopold II, est-ce vraiment tolérable selon les lois de la RDC ? Nous appelons ici le gouvernement à renforcer la protection de...
DRC - Manono Lithium: "Shock: AVZ makes death threats against the CEO of Cominiere and his family" (Tribune)
Thursday, March 28, 2024 - 13:54ShareFacebookTwitterLinkedInWordPressMessengerWhatsAppSkypeViberMessageOutlook.comEmail
Image
Recently, AVZ made death threats against Cominiere's CEO and his family via social media (see screenshot). AVZ's actions are reminiscent of the tyrant Leopold II, is this really tolerable according to the laws of the DRC?
We call on the government to strengthen the protection of the personal safety of DRC citizens and to investigate AVZ's actions.The series of violations of the law, breaches of contract committed by AVZ resulted in the stagnation of the Manono mine for seven years, but AVZ, through its advisors, shareholders and writers, blamed the state and people of the DRC for the stagnation of the Manono mine and engaged in condescending abuses, discrimination and even personal threats.
On 10 July 2023, the AFR (The Australian Financial Review) published an article entitled "Former AVZ chairman slams 'racist' shareholders, plots new Manono deal", in which it castigates AVZ for its racism and insults towards the DRC, exposing the mask of hypocrisy and showing the people of the DRC the true face of the so-called "Australian investor".
Link to article: https://t.co/BceCinBdIj
If AVZ truly considered itself to be a legitimate investor, it should openly explain the following information to its shareholders and the public, instead of misleading investors and personally threatening the CEO of its shareholder Cominiere:
1. How do I acquire 60% of the shares? On November 30, 2022, the IGF published a report that said: "The partner DATHOMIR... sell 60% of the shares to AVZ International in violation of the provisions of the joint venture agreement in Article 16 point (f) relating to its commitments and according to which it could not sell its shares before the date of commercial production."
2. Why were the three mining titles divested? On November 30, 2022, the IGF published a report indicating that AVZ had made the divestitures of three mining titles constituting COMINIERE S.A.'s contribution to DATHCOM Mining.
3. How to explain insider trading between AVZ and AJN? On April 1, 2022, AVZ individually renounced 82 squares in the north of the PR13359 without the consent of the other shareholders by filing an application for the transformation of PR into a PE with the Ministry of Mines, while on November 19 of the same year, AJN announced that 82 squares in the northeast of the PR13359 will be successfully transferred to Congo Ressource SAU in the coming weeks.
4. How can we explain the criminal conviction of the CEO of Dathcom? In 2022, AVZ-appointed Datchom CEO Graem Johson Godsman was sentenced to three years in prison and $25 million in compensation by the court in the Democratic Republic of Congo (DRC) in the case of "falsification of Avz's 75% stake in Dathcom's shareholding register."
5. How can the violation of funding commitments or falsification by AVZ be explained? Article 69 (h) of the Mining Code stipulates that an application for an MOU requires the financing plan with identification of the sources of financing targeted, and Article 71 (b) requires specifying each type of financing, the sources of financing targeted and the likely availability, the share capital cannot be less than 40% of the said resources.
6. How can we explain that the feasibility study submitted by AVZ was not approved by Cominiere? AVZ did not submit the final feasibility study to Cominiere before the Ministry of Mines in April 2020, let alone obtaining Cominiere's approval, nor the approval of Dathcom's board of directors and shareholders' meeting, which is a serious violation of Articles 6.2 and 6.4 of the joint venture agreement. Cominiere may terminate the joint venture agreement and recover the mineral rights from PR on the basis of such breach.
7. How can we explain that after seven years of AVZ's involvement, the Manono mine has still not entered the construction phase, let alone the commercial production phase? Huayou Cobalt, which is the majority shareholder of AVZ and owns the CDM copper and cobalt mine in the DRC. Huayou Cobalt's Arcadia lithium project in Zimbabwe has completed construction and entered commercial production within two years.
8. How to compensate shareholders and investors for the loss due to the drop in the price of lithium? From 2016 to 2022, the price of lithium carbonate has risen steadily, and the price of lithium carbonate even exceeded US$70,000 per ton in 2022, but in December 2023, the futures price of lithium carbonate fell below US$10,000 per ton.
Christian Kakule
They're just getting an early start to April Fools' Day.The CAMI site has gone dark
Cumquat Cap
Regular
Didn’t pay the square space invoice
Chinese cyber attack.The CAMI site has gone dark
Mute22
Regular
Unfucking believable.I've posted some dumb shit over my time but can I suggest that only facts be posted until we close out the International court cases.
If we fail in what is rightfully ours then by all means, post what you feel.
These corrupt arseholes will use and twist what is said either here or on twitter to benefit themselves like the below.
AVZ DID NOT MAKE ANY THREATS
RDC - Lithium de Manono : "Choc : AVZ profère des menaces de mort contre le DG de Cominiere et sa famille" (Tribune)
Récemment, AVZ a menacé de mort le directeur général de Cominiere et sa famille via les médias sociaux (voir capture d'écran). Les agissements d'AVZ rappellent le tyran Léopold II, est-ce vraiment tolérable selon les lois de la RDC ? Nous appelons ici le gouvernement à renforcer la protection de...
DRC - Manono Lithium: "Shock: AVZ makes death threats against the CEO of Cominiere and his family" (Tribune)
Thursday, March 28, 2024 - 13:54
ShareFacebookTwitterLinkedInWordPressMessengerWhatsAppSkypeViberMessageOutlook.comEmail
Image
Recently, AVZ made death threats against Cominiere's CEO and his family via social media (see screenshot). AVZ's actions are reminiscent of the tyrant Leopold II, is this really tolerable according to the laws of the DRC?
We call on the government to strengthen the protection of the personal safety of DRC citizens and to investigate AVZ's actions.
The series of violations of the law, breaches of contract committed by AVZ resulted in the stagnation of the Manono mine for seven years, but AVZ, through its advisors, shareholders and writers, blamed the state and people of the DRC for the stagnation of the Manono mine and engaged in condescending abuses, discrimination and even personal threats.
On 10 July 2023, the AFR (The Australian Financial Review) published an article entitled "Former AVZ chairman slams 'racist' shareholders, plots new Manono deal", in which it castigates AVZ for its racism and insults towards the DRC, exposing the mask of hypocrisy and showing the people of the DRC the true face of the so-called "Australian investor".
Link to article: https://t.co/BceCinBdIj
If AVZ truly considered itself to be a legitimate investor, it should openly explain the following information to its shareholders and the public, instead of misleading investors and personally threatening the CEO of its shareholder Cominiere:
1. How do I acquire 60% of the shares? On November 30, 2022, the IGF published a report that said: "The partner DATHOMIR... sell 60% of the shares to AVZ International in violation of the provisions of the joint venture agreement in Article 16 point (f) relating to its commitments and according to which it could not sell its shares before the date of commercial production."
2. Why were the three mining titles divested? On November 30, 2022, the IGF published a report indicating that AVZ had made the divestitures of three mining titles constituting COMINIERE S.A.'s contribution to DATHCOM Mining.
3. How to explain insider trading between AVZ and AJN? On April 1, 2022, AVZ individually renounced 82 squares in the north of the PR13359 without the consent of the other shareholders by filing an application for the transformation of PR into a PE with the Ministry of Mines, while on November 19 of the same year, AJN announced that 82 squares in the northeast of the PR13359 will be successfully transferred to Congo Ressource SAU in the coming weeks.
4. How can we explain the criminal conviction of the CEO of Dathcom? In 2022, AVZ-appointed Datchom CEO Graem Johson Godsman was sentenced to three years in prison and $25 million in compensation by the court in the Democratic Republic of Congo (DRC) in the case of "falsification of Avz's 75% stake in Dathcom's shareholding register."
5. How can the violation of funding commitments or falsification by AVZ be explained? Article 69 (h) of the Mining Code stipulates that an application for an MOU requires the financing plan with identification of the sources of financing targeted, and Article 71 (b) requires specifying each type of financing, the sources of financing targeted and the likely availability, the share capital cannot be less than 40% of the said resources.
6. How can we explain that the feasibility study submitted by AVZ was not approved by Cominiere? AVZ did not submit the final feasibility study to Cominiere before the Ministry of Mines in April 2020, let alone obtaining Cominiere's approval, nor the approval of Dathcom's board of directors and shareholders' meeting, which is a serious violation of Articles 6.2 and 6.4 of the joint venture agreement. Cominiere may terminate the joint venture agreement and recover the mineral rights from PR on the basis of such breach.
7. How can we explain that after seven years of AVZ's involvement, the Manono mine has still not entered the construction phase, let alone the commercial production phase? Huayou Cobalt, which is the majority shareholder of AVZ and owns the CDM copper and cobalt mine in the DRC. Huayou Cobalt's Arcadia lithium project in Zimbabwe has completed construction and entered commercial production within two years.
8. How to compensate shareholders and investors for the loss due to the drop in the price of lithium? From 2016 to 2022, the price of lithium carbonate has risen steadily, and the price of lithium carbonate even exceeded US$70,000 per ton in 2022, but in December 2023, the futures price of lithium carbonate fell below US$10,000 per ton.
Christian Kakule
An unverified anonymous account not officially linked to AVZ in anyway can say whatever the fuck they want on social media - who cares?
The fact they are grasping at this as a hill to die on is beyond pathetic. Especially compared to the tangible, proven corruption at multiple levels which is actively hurting tens of hundreds of thousands of their citizens and the global reputation of their country irreversibly.
These thin-skinned, glass-hearted, knuckle-dragging, mouth-breathers competence is only matched by their intelligence. They couldn't organise a piss-up at a brewery let alone a sophisticated mining operation.
I knew when i saw that tweet ther'd be aome sort of reponse like this ... ;(I've posted some dumb shit over my time but can I suggest that only facts be posted until we close out the International court cases.
If we fail in what is rightfully ours then by all means, post what you feel.
These corrupt arseholes will use and twist what is said either here or on twitter to benefit themselves like the below.
AVZ DID NOT MAKE ANY THREATS
RDC - Lithium de Manono : "Choc : AVZ profère des menaces de mort contre le DG de Cominiere et sa famille" (Tribune)
Récemment, AVZ a menacé de mort le directeur général de Cominiere et sa famille via les médias sociaux (voir capture d'écran). Les agissements d'AVZ rappellent le tyran Léopold II, est-ce vraiment tolérable selon les lois de la RDC ? Nous appelons ici le gouvernement à renforcer la protection de...
DRC - Manono Lithium: "Shock: AVZ makes death threats against the CEO of Cominiere and his family" (Tribune)
Thursday, March 28, 2024 - 13:54
ShareFacebookTwitterLinkedInWordPressMessengerWhatsAppSkypeViberMessageOutlook.comEmail
Image
Recently, AVZ made death threats against Cominiere's CEO and his family via social media (see screenshot). AVZ's actions are reminiscent of the tyrant Leopold II, is this really tolerable according to the laws of the DRC?
We call on the government to strengthen the protection of the personal safety of DRC citizens and to investigate AVZ's actions.
The series of violations of the law, breaches of contract committed by AVZ resulted in the stagnation of the Manono mine for seven years, but AVZ, through its advisors, shareholders and writers, blamed the state and people of the DRC for the stagnation of the Manono mine and engaged in condescending abuses, discrimination and even personal threats.
On 10 July 2023, the AFR (The Australian Financial Review) published an article entitled "Former AVZ chairman slams 'racist' shareholders, plots new Manono deal", in which it castigates AVZ for its racism and insults towards the DRC, exposing the mask of hypocrisy and showing the people of the DRC the true face of the so-called "Australian investor".
Link to article: https://t.co/BceCinBdIj
If AVZ truly considered itself to be a legitimate investor, it should openly explain the following information to its shareholders and the public, instead of misleading investors and personally threatening the CEO of its shareholder Cominiere:
1. How do I acquire 60% of the shares? On November 30, 2022, the IGF published a report that said: "The partner DATHOMIR... sell 60% of the shares to AVZ International in violation of the provisions of the joint venture agreement in Article 16 point (f) relating to its commitments and according to which it could not sell its shares before the date of commercial production."
2. Why were the three mining titles divested? On November 30, 2022, the IGF published a report indicating that AVZ had made the divestitures of three mining titles constituting COMINIERE S.A.'s contribution to DATHCOM Mining.
3. How to explain insider trading between AVZ and AJN? On April 1, 2022, AVZ individually renounced 82 squares in the north of the PR13359 without the consent of the other shareholders by filing an application for the transformation of PR into a PE with the Ministry of Mines, while on November 19 of the same year, AJN announced that 82 squares in the northeast of the PR13359 will be successfully transferred to Congo Ressource SAU in the coming weeks.
4. How can we explain the criminal conviction of the CEO of Dathcom? In 2022, AVZ-appointed Datchom CEO Graem Johson Godsman was sentenced to three years in prison and $25 million in compensation by the court in the Democratic Republic of Congo (DRC) in the case of "falsification of Avz's 75% stake in Dathcom's shareholding register."
5. How can the violation of funding commitments or falsification by AVZ be explained? Article 69 (h) of the Mining Code stipulates that an application for an MOU requires the financing plan with identification of the sources of financing targeted, and Article 71 (b) requires specifying each type of financing, the sources of financing targeted and the likely availability, the share capital cannot be less than 40% of the said resources.
6. How can we explain that the feasibility study submitted by AVZ was not approved by Cominiere? AVZ did not submit the final feasibility study to Cominiere before the Ministry of Mines in April 2020, let alone obtaining Cominiere's approval, nor the approval of Dathcom's board of directors and shareholders' meeting, which is a serious violation of Articles 6.2 and 6.4 of the joint venture agreement. Cominiere may terminate the joint venture agreement and recover the mineral rights from PR on the basis of such breach.
7. How can we explain that after seven years of AVZ's involvement, the Manono mine has still not entered the construction phase, let alone the commercial production phase? Huayou Cobalt, which is the majority shareholder of AVZ and owns the CDM copper and cobalt mine in the DRC. Huayou Cobalt's Arcadia lithium project in Zimbabwe has completed construction and entered commercial production within two years.
8. How to compensate shareholders and investors for the loss due to the drop in the price of lithium? From 2016 to 2022, the price of lithium carbonate has risen steadily, and the price of lithium carbonate even exceeded US$70,000 per ton in 2022, but in December 2023, the futures price of lithium carbonate fell below US$10,000 per ton.
Christian Kakule
Problem is, a dunb tweet like that could just as well have cone from a Chinese stooge as an actual shareholder
Frenchman from Eze. Shareholder? Right down the south of France near the border with Monaco, beautiful place though
LOCKY82
Regular
Talk about hopeless scraping the barell for scraps 
obviously none of us should or would post anything as ridiculous as this but also don't give them any fuel let them burn out all by themselves. To say a serious companies next strategy is to pull up some random unidentifiable persons ramblings from the internet as some sort of stain against avz the company which totally unrelated and unknown to said individual is beyond pathetic 
imagine pulling that out as your answer to making a show of yourself on the international court stage!? bravo 
they have outdone themselves here
obviously none of us should or would post anything as ridiculous as this but also don't give them any fuel let them burn out all by themselves. To say a serious companies next strategy is to pull up some random unidentifiable persons ramblings from the internet as some sort of stain against avz the company which totally unrelated and unknown to said individual is beyond pathetic imagine pulling that out as your answer to making a show of yourself on the international court stage!? bravo they have outdone themselves here
Remark
Top 20
Yep, pretty pathetic, it reeks of desperationTalk about hopeless scraping the barell for scraps
Winenut
Go AVZ!
I've posted some dumb shit over my time but can I suggest that only facts be posted until we close out the International court cases.
If we fail in what is rightfully ours then by all means, post what you feel.
These corrupt arseholes will use and twist what is said either here or on twitter to benefit themselves like the below.
AVZ DID NOT MAKE ANY THREATS
RDC - Lithium de Manono : "Choc : AVZ profère des menaces de mort contre le DG de Cominiere et sa famille" (Tribune)
Récemment, AVZ a menacé de mort le directeur général de Cominiere et sa famille via les médias sociaux (voir capture d'écran). Les agissements d'AVZ rappellent le tyran Léopold II, est-ce vraiment tolérable selon les lois de la RDC ? Nous appelons ici le gouvernement à renforcer la protection de...
DRC - Manono Lithium: "Shock: AVZ makes death threats against the CEO of Cominiere and his family" (Tribune)
Thursday, March 28, 2024 - 13:54
ShareFacebookTwitterLinkedInWordPressMessengerWhatsAppSkypeViberMessageOutlook.comEmail
Image
Recently, AVZ made death threats against Cominiere's CEO and his family via social media (see screenshot). AVZ's actions are reminiscent of the tyrant Leopold II, is this really tolerable according to the laws of the DRC?
We call on the government to strengthen the protection of the personal safety of DRC citizens and to investigate AVZ's actions.
The series of violations of the law, breaches of contract committed by AVZ resulted in the stagnation of the Manono mine for seven years, but AVZ, through its advisors, shareholders and writers, blamed the state and people of the DRC for the stagnation of the Manono mine and engaged in condescending abuses, discrimination and even personal threats.
On 10 July 2023, the AFR (The Australian Financial Review) published an article entitled "Former AVZ chairman slams 'racist' shareholders, plots new Manono deal", in which it castigates AVZ for its racism and insults towards the DRC, exposing the mask of hypocrisy and showing the people of the DRC the true face of the so-called "Australian investor".
Link to article: https://t.co/BceCinBdIj
If AVZ truly considered itself to be a legitimate investor, it should openly explain the following information to its shareholders and the public, instead of misleading investors and personally threatening the CEO of its shareholder Cominiere:
1. How do I acquire 60% of the shares? On November 30, 2022, the IGF published a report that said: "The partner DATHOMIR... sell 60% of the shares to AVZ International in violation of the provisions of the joint venture agreement in Article 16 point (f) relating to its commitments and according to which it could not sell its shares before the date of commercial production."
2. Why were the three mining titles divested? On November 30, 2022, the IGF published a report indicating that AVZ had made the divestitures of three mining titles constituting COMINIERE S.A.'s contribution to DATHCOM Mining.
3. How to explain insider trading between AVZ and AJN? On April 1, 2022, AVZ individually renounced 82 squares in the north of the PR13359 without the consent of the other shareholders by filing an application for the transformation of PR into a PE with the Ministry of Mines, while on November 19 of the same year, AJN announced that 82 squares in the northeast of the PR13359 will be successfully transferred to Congo Ressource SAU in the coming weeks.
4. How can we explain the criminal conviction of the CEO of Dathcom? In 2022, AVZ-appointed Datchom CEO Graem Johson Godsman was sentenced to three years in prison and $25 million in compensation by the court in the Democratic Republic of Congo (DRC) in the case of "falsification of Avz's 75% stake in Dathcom's shareholding register."
5. How can the violation of funding commitments or falsification by AVZ be explained? Article 69 (h) of the Mining Code stipulates that an application for an MOU requires the financing plan with identification of the sources of financing targeted, and Article 71 (b) requires specifying each type of financing, the sources of financing targeted and the likely availability, the share capital cannot be less than 40% of the said resources.
6. How can we explain that the feasibility study submitted by AVZ was not approved by Cominiere? AVZ did not submit the final feasibility study to Cominiere before the Ministry of Mines in April 2020, let alone obtaining Cominiere's approval, nor the approval of Dathcom's board of directors and shareholders' meeting, which is a serious violation of Articles 6.2 and 6.4 of the joint venture agreement. Cominiere may terminate the joint venture agreement and recover the mineral rights from PR on the basis of such breach.
7. How can we explain that after seven years of AVZ's involvement, the Manono mine has still not entered the construction phase, let alone the commercial production phase? Huayou Cobalt, which is the majority shareholder of AVZ and owns the CDM copper and cobalt mine in the DRC. Huayou Cobalt's Arcadia lithium project in Zimbabwe has completed construction and entered commercial production within two years.
8. How to compensate shareholders and investors for the loss due to the drop in the price of lithium? From 2016 to 2022, the price of lithium carbonate has risen steadily, and the price of lithium carbonate even exceeded US$70,000 per ton in 2022, but in December 2023, the futures price of lithium carbonate fell below US$10,000 per ton.
Christian Kakule
Yeah no need to add fuel to a fire and awful family threats are not okay by any means
Totally agree there buddy 100%
But for the record.....
I don't give two seconds of serious thought or two fucking shits about absolute fucktards on Twitter X with a message like that and that can't spell or use the word "lose" correctly not once........not once........but fucking twice in one fucking two line tweet
They're clearly not coming from an intelligent or informed place
Yeah, the gramma on social media makes me loose my shit sometimes.
There so badly educated, but those are the brakes. It's a mute point really.
Should really put the breaks on threatening people the DRC.
Things might finally be moving over their.
(Yes, writing that almost hurt as much as reading it.)
Last edited:
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