AVZ Discussion 2022

[BRICK]

May 20, 2024 18:00 JST Response to Africa Intelligence Article HONG KONG, May 20, 2024 - (ACN Newswire) - Zijin Mining Group Co., Ltd. (2899.HK; 601899:SH; "Zijin Mining" or "The Company") provides the following response to the recent article published in Africa Intelligence titled "Zijin Mining pays $70m to mysterious Congolese NGO". Zijin Mining believes the insinuations of impropriety or wrongdoing in the article titled "Zijin Mining pays $70m to mysterious Congolese NGO" are categorically false, misleading, and unfounded. The Company did not make a donation to the NGO, Le Bouclier. The contribution was made by Manono Lithium, in which Jinxiang Lithium, a subsidiary of Zijin Mining, controls a 61% ownership, as disclosed by the Company on October 24, 2023. The donation ceremony was also held publicly with media in attendance, and press coverage of the event was subsequently published. The NGO in question was thoroughly vetted and recommended by the Democratic Republic of Congo (DRC) Ministry of Public Health, Hygiene and Prevention, independent of external influence and/or Jean-David E’ngazi’s appointment to Cominiere. The decision was based on humanitarian considerations and there is no basis for referring to the NGO as "mysterious". The article also fails to accurately represent the comprehensive scope of our partnership with the local community and our dedication to corporate social responsibility. Zijin Mining stands by the integrity of its actions and remains steadfast in its commitment to ethical business practices. Regarding the specific details of the fund transfer to the NGO outlined in the article, the Company will be launching an inquiry into the allocation and disbursement of funds by the NGO, to ensure transparency, accountability, and the sustainable development of the region. The article also misrepresents the findings of the IGF report in relation to the 15% share purchase from Cominiere in 2021, made by Jin Cheng Mining, another subsidiary of Zijin Mining. Neither Zijin Mining or any of its subsidiaries made any payment to Focus Plaidoirie in relation to the above said transaction. Jin Cheng Mining conducted the required due diligence on the seller (Cominiere) and the asset. As a globally responsible mining company, Zijin Mining affirms that it has diligently complied with all legal and regulatory requirements throughout the processes outlined in the article. Response to Africa Intelligence Article www.jcnnewswire.com Get a load of these cunts! ​

Lol...
Our third party made the bribe. talk to them

 

[Samus]

 

[protoje]

Well, AVZ off my commsec today… like a puff of smoke.

 

[Samus]

Well, AVZ off my commsec today… like a puff of smoke.

Gone in nabtrade too.

 

[John25]

So does this BoD cut back include Chinese take away….my goes out to this struggling delivery driver

 

[Winenut]

Well, AVZ off my commsec today… like a puff of smoke.

Add it manually into your "Issuer Sponsored" Holdings

At least to your just remember how many units you have and your cost base......if that's something you want to be reminded of

 

[SilentOne]

SHORTS

ShortMan - Short position graph for AVZ

Short position graph and statistics for AVZ

www.shortman.com.au

 

[PutUsernameHere]

I hope we see the back of that prick if we get through this personally.
The time for giving that arsehole a huge chunk of the project for peanuts is long gone.
Here's hoping we sell it from under him.

Absolutely agree, they've only been silent and against us through this. In coming out with a positive result on this, the break fee will be peanuts to pay in comparison to the considerable increase that we could sell 24% of the project for once this shitshow is cleared up.

 

[Panther22]

Gone from my Westpac account too

 

[Winenut]

Add it manually into your "Issuer Sponsored" Holdings

At least to your just remember how many units you have and your cost base......if that's something you want to be reminded of

I just tried again and you can't now.

Sorry about that

I had an historical listing in there for a seperate AVZ holding for my wife which was still visible.....but you can't add new ones in as it doesn't recognise the AVZ ticker on commsec anymore

Apologies again

 

[Winenut]

SHORTS

ShortMan - Short position graph for AVZ

Short position graph and statistics for AVZ

www.shortman.com.au

View attachment 63328

So the graph is telling us the shorts are well and truly covering off their positions?

 

[Cumquat Cap]

Shorts covered easily (large chunk in swaps with other insto’s) no doubt.

Real risk that MMGA, Eastwood and Zijin via bellamel are accumulating shares to make this next agm a doozy.

Bring on a negotiated settlement before November please Nigel, they will fuck the entire register for back room deals with Zijin

 

[CHB]

I just tried again and you can't now.

Sorry about that

I had an historical listing in there for a seperate AVZ holding for my wife which was still visible.....but you can't add new ones in as it doesn't recognise the AVZ ticker on commsec anymore

Apologies again

If it's not showing up in your stock trading app, did you even lose money on AVZ???

 

[Frank]

Withdrawal from the mining sector, a sine qua non condition for reducing sanctions against Dan Gertler

The United States is willing to ease sanctions on Israeli businessman Dan Gertler, provided he gives up his interests in copper and cobalt mines in the Democratic Republic of Congo (DRC).

Several American media outlets reported this information just as Washington seeks to secure the supply of critical metals to its industries.

Thanks to an agreement signed in February 2022, the Congolese Government was able to recover part of Dan Gertler's mining and oil assets, then valued at $2 billion.

The Israeli billionaire nevertheless retains significant influence in the local mining sector.

In place since 2017, with a temporary lifting in the last weeks of Donald Trump's mandate, these sanctions prevent Dan Gertler from using his American subsidiaries and assets to carry out economic and financial operations.

They are explained by the allegations of corruption weighing on the businessman, accused by the American Treasury of having been involved in “hundreds of millions of dollars of opaque mining and oil transactions” under the regime of President Joseph Kabila .

Civil society actors maintain that Dan Gertler has enriched himself to the tune of hundreds of millions of US dollars thanks to the royalties he holds on the production of Congolese mines belonging to Glencore, the world's second largest cobalt producer, and to Eurasian Resources. .

Some specialists believe that the departure of the Israeli billionaire could facilitate the implementation of Washington's strategy, consisting of sourcing copper and cobalt from Congolese mines to support the energy transition in the United States of America.

mediacongo

 

[BEISHA]

May 20, 2024 18:00 JST Response to Africa Intelligence Article HONG KONG, May 20, 2024 - (ACN Newswire) - Zijin Mining Group Co., Ltd. (2899.HK; 601899:SH; "Zijin Mining" or "The Company") provides the following response to the recent article published in Africa Intelligence titled "Zijin Mining pays $70m to mysterious Congolese NGO". Zijin Mining believes the insinuations of impropriety or wrongdoing in the article titled "Zijin Mining pays $70m to mysterious Congolese NGO" are categorically false, misleading, and unfounded. The Company did not make a donation to the NGO, Le Bouclier. The contribution was made by Manono Lithium, in which Jinxiang Lithium, a subsidiary of Zijin Mining, controls a 61% ownership, as disclosed by the Company on October 24, 2023. The donation ceremony was also held publicly with media in attendance, and press coverage of the event was subsequently published. The NGO in question was thoroughly vetted and recommended by the Democratic Republic of Congo (DRC) Ministry of Public Health, Hygiene and Prevention, independent of external influence and/or Jean-David E’ngazi’s appointment to Cominiere. The decision was based on humanitarian considerations and there is no basis for referring to the NGO as "mysterious". The article also fails to accurately represent the comprehensive scope of our partnership with the local community and our dedication to corporate social responsibility. Zijin Mining stands by the integrity of its actions and remains steadfast in its commitment to ethical business practices. Regarding the specific details of the fund transfer to the NGO outlined in the article, the Company will be launching an inquiry into the allocation and disbursement of funds by the NGO, to ensure transparency, accountability, and the sustainable development of the region. The article also misrepresents the findings of the IGF report in relation to the 15% share purchase from Cominiere in 2021, made by Jin Cheng Mining, another subsidiary of Zijin Mining. Neither Zijin Mining or any of its subsidiaries made any payment to Focus Plaidoirie in relation to the above said transaction. Jin Cheng Mining conducted the required due diligence on the seller (Cominiere) and the asset. As a globally responsible mining company, Zijin Mining affirms that it has diligently complied with all legal and regulatory requirements throughout the processes outlined in the article. Response to Africa Intelligence Article www.jcnnewswire.com Get a load of these cunts! ​

 

[BEISHA]

Done losing sleep over this. You’ve all been magnificent. Love to all of you especially those who bought in over 80c. I’m out. Thanks for all the info. Good and bad. Sincerely. R

Hang in there Rhyno, having a break from social forums is a good thing from time to time , discussions of constant shit fuckery can really fuck your mind around .....

Embrace loved ones, focus on work to distract, get good sleep, at the end of the day, good health is your wealth.

imo

 

[BEISHA]

Well, AVZ off my commsec today… like a puff of smoke.

Mine too

 

[Manook]

View attachment 63324

Like suing a homeless person.

 

[wombat74]

Like suing a homeless person.

Yeh you can't get blood out of a stone . I don't think this is about the end verdict ICSID hands down . It's more about the impact this case will have on the DRC with regards to it's international relations/standing . It's about gradually applying pressure via our legal victories to hopefully encourage Felix to sort this out . That's why this must be resolved before it goes that far , because if it does it clearly shows us Felix could care less about ICSID .

 

[TheCount]

SHORTS

ShortMan - Short position graph for AVZ

Short position graph and statistics for AVZ

www.shortman.com.au

View attachment 63328

So back of the envelope calculations say 60M shares either traded or manipulated (rotation of bought back & sold again for example).

Let's see if it goes back up like December...

TC.