AVZ Discussion 2022

Winenut

Go AVZ!
Guys and girls, need a small help here.

I know we talked about it before but can someone let me know where to find my SRN ?

I tried to register with my HIN but automic is showing 0 balance. ( traded on comsec)

\:sick:

Should be printed on the letter that shows your shares now as "Issuer" Sponsored

That letter should have arrived via snail mail

Are you in Oz?
 
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taofufa

Member
Should be printed on the letter that shows your shares now as "Issuer" Sponsored

That letter should have arrived via snail mail

Are you in Oz?
Yes, in WA, only received a welcome letter from AVZ without much info in it.

have two comsec accounts that used to hold AVZ
 
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Hudnut

Regular
I doubt any project in the DRC would be as juicy as a pre construction ready, massively defined, open cut, open in all directions, low strip 400++m/t behemoth Roche Dure........;)

View attachment 64753

$12 per share, its all yours.......:ROFLMAO::LOL::love:😇

Plus 2 AVZ caps.

And don't forget the tin!
 
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cruiser51

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Guys and girls, need a small help here.

I know we talked about it before but can someone let me know where to find my SRN ?

I tried to register with my HIN but automic is showing 0 balance. ( traded on comsec)

\:sick:
On the Atomic share registry page, left hand side go to Documents and Statements, you can find the letter sent to you with the SRN number on it (21/5/2024)
 
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taofufa

Member
On the Atomic share registry page, left hand side go to Documents and Statements, you can find the letter sent to you with the SRN number on it (21/5/2024)
Mmm, the last doc there was for the 2023 AGM proxy ???:(

and it's only showing my HIN
 
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Xerof

Biding my Time 1971
Yes, in WA, only received a welcome letter from AVZ without much info in it.

have two comsec accounts that used to hold AVZ
The letter in the mail should have two pages The second page has a new Ixxxxxxxxxxxx number. You need to manually load that onto your Automic registry page, under + Add holding and it will show up

I'm not a comsec user so you'll need help from a local on how/if it will ever show up there (but probably not as we are delisted), but the above will at least give you comfort that Automic hold a record of your holdings

If you never got 2 pages by snail mail, then fucked if I know whats going on - do you have a dog that likes to eat your mail?
 
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cruiser51

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The letter in the mail should have two pages The second page has a new Ixxxxxxxxxxxx number. You need to manually load that onto your Automic registry page, under + Add holding and it will show up

I'm not a comsec user so you'll need help from a local on how/if it will ever show up there (but probably not as we are delisted), but the above will at least give you comfort that Automic hold a record of your holdings

If you never got 2 pages by snail mail, then fucked if I know whats going on - do you have a dog that likes to eat your mail?
Time to call Atomic.
 
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cruiser51

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The letter in the mail should have two pages The second page has a new Ixxxxxxxxxxxx number. You need to manually load that onto your Automic registry page, under + Add holding and it will show up

I'm not a comsec user so you'll need help from a local on how/if it will ever show up there (but probably not as we are delisted), but the above will at least give you comfort that Automic hold a record of your holdings

If you never got 2 pages by snail mail, then fucked if I know whats going on - do you have a dog that likes to eat your mail?
Maybe the ex still has a key to your PO Box. :oops: fuk fuk fuk.
 
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Xerof

Biding my Time 1971
Sooo, do people rip up their mail before asking questions?

Classic from the crapper

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Samus

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ozmacca

Regular
Bit off topic, but recently started reading this and it's a massive eye opener on everything we've been dealing with.
Doesn't fix anything, but it's a good distraction.

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cruiser51

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Frank

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Frank

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Frank

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Frank

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Lubumbashi: launch of the 19th edition of the DRC Mining Week, Jacques Kyabula kicks off!

The governor of the Haut-Katanga province, the Honorable Jacques Kyabula Katwe, proceeded, this Wednesday, June 12, 2024, at Pullman Grand Karavia Hotel, to the official opening of the 19th edition of the DRC Minnig Week which has become an essential event for the mining industry in the DRCongo.

“The DRC Mining Week is a place for exchanges and the conclusion of win-win partnerships between investors and mining operators,” declared the Honorable Jacques Kyabula Katwe. :rolleyes:

Placed under the theme: “Prioritizing sustainable mining operations and local transformation in the DRCongo”, the 19th edition of DRC Mining runs from June 12 to 14, 2024.

More than 200 companies are present at the exhibition and 10 renowned speakers are expected at various conferences.

For the Event Director of DRC Minig Week, Mr. Samukelo Madlabane, sustainability has become the cornerstone of modern mining practices.

“Our commitment to responsible mining not only ensures the preservation of the environment and natural resources, but also supports the long-term visibility of the mining industry,” he said in substance. :unsure:

And, he added: “Through innovative technologies, community engagement and forward-thinking policies, we aim to achieve a balance between economic prosperity and good environmental governance.” :rolleyes:


Note that technical sub-themes are planned for this 19th edition, namely, “Mining and Digital Technologies”, for Wednesday June 12, “Solution for the mining value chain”, for Thursday June 13 and “the potential of the mining value chain”, for Friday June 14, 2024.

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Lubumbashi: USAID INVEST a remarkable participation in the 19th edition of the DRC Mining Week.

USAID INVEST is participating in the 19th edition of the DRC Mining Week which is being held in Lubumbashi, at the Pullman Grand Karavia Hotel, from June 12 to 14, 2024.

This Wednesday, at the opening of its meetings, a “Lunch on American investments in the mining sector of the DRC” was organized on the sidelines of Mining Week.

USAID/DRC Mission Director. John Dunlop recalled the USAID INVEST mission in the Democratic Republic of Congo and their long-established partnerships, while mentioning their involvement in mining week.

“In fact, the DRC is essential to ensure the future of us all.

It is ready to assume the role of a key country in the fight against climate change on a global scale.

It is essential to the transition to clean energy and to guaranteeing a sustainable future for all of us,” insisted John Dunlop.

He also highlighted the problem of the transition to clean energy in the DRC.

In order to fully realize its benefits, it is crucial to improve infrastructure to support mining operations and improve the overall governance of the sector.

In response to a question from the press on the benefits for the Congolese populations of the mining sector, John Dunlop recommends that all mining companies respect the texts every time.

“If there are mines that do not pay taxes, that do not follow the laws, that is a problem, because it does not benefit the Congolese,” he said.

Investment to mining operators

The United States, through the USAID structure, has launched, according to Director John Dunlop, a call for proposals as part of its “Trade and investment in Africa: critical minerals” project.

This project, funded to the tune of $20 million, aims to find innovative ideas to stimulate trade and investment in the DRC's mining sector.

“I am pleased to announce that we have received over forty concepts for over one hundred million dollars in funding.

“This is a strong signal of demand for U.S.-guaranteed funding to help responsible companies that want to work in the DRC’s critical minerals sector.”


ROK Metals, a Congolese factory specializing in the processing of copper cathodes in Likasi, has obtained two million dollars in funding from USAID for its investment in the Congolese private sector.

According to John Dunlop, these funds will allow the company to expand its activities to increase exports of copper cathodes and cobalt hydroxide to 600 tonnes per year.

These exports will be destined for the United States and various markets around the world.

What is USAID’s role in investment in the Democratic Republic of Congo?

On the sidelines of the DRC Mining Week, this Wednesday, June 12, 2024, in Lubumbashi, the Director General of USAID INVEST, John Dunlop presented this organization as a whole, emphasizing its support and its actions in the Democratic Republic .

USAID INVEST encourages investment by local businesses in the DRCongo in order to promote inclusive growth.

She is involved in programs aimed at improving the living conditions of vulnerable populations, promoting health, education, access to drinking water, food security and responding to humanitarian needs in the event of a disaster. natural or conflict.

This American organization, in the Democratic Republic of Congo, intends to expand its network on multiple issues relating to critical minerals in the mining sector.

“We are increasing our focus on mining issues in this country and assuring everyone who wants to invest that there is an environment in the private sector that is fair and free of corruption.

mediacongo


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Frank

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* Lol :ROFLMAO:

To remind, Who said, "Show me Corruption and i will" -------- Ahh, look the other way :rolleyes:


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Dazmac66

Regular
It's like Manono/AVZ just doesn't exist. Just carry on your mining week bullshit without mention the most significant ore deposit on the planet! Dumb f#ckers.
 
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cruiser51

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DRC: The new government called to put an end to the Sinon-Congolese convention and to apply the mining code regime​

Mining
Last updated: 2024/06/13 at 12:58 AM
MiningPublished June 13, 2024

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The new government of Prime Minister Judith Suminwa Tuluka is called upon to put an end to the Sino-Congolese convention and to apply the Mining Code regime to this project. This exhortation is formulated by the Congo Is Not for Sale coalition (CNPAV).
Happy
Convention promoting corruption and embezzlementDaniel Bawuna
“Congo is Not for Sale (CNPAV) notes the uncertainty of infrastructure financing, the ambiguity on loans as well as the maintenance of imbalances and shortfalls for the Congolese population after the renegotiation of the Chinese Contract (Sicomines )”, indicated this coalition.
However, the CNPAV coalition welcomes the publication within the legal deadlines of Amendment 5 signed on March 14, 2024 between the Congolese government and the Chinese business group (GEC), after more than a year of negotiations.
However, the CNPAV says it is "concerned by the clauses of this amendment which introduce uncertainty on the financing of infrastructure, amplify the ambiguity on infrastructure loans and maintain the structural imbalances and the shortfall that the Congolese party suffered for more than 15 years.

Convention promoting corruption and embezzlement

From the careful analysis carried out of this amendment, the CNPAV noted that the conclusions of the renegotiation of the Sicomines Convention did not resolve the structural imbalances documented and decried by civil society organizations and the EITI Executive Committee -DRC.
To be very clear, these imbalances concern in particular the management of Sicomines outside the usual circuit of public finances favoring corruption and the misappropriation of public funds, the shortfall caused by the total tax exemptions not quantified or evaluated granted to the Sicomines, the absence of technology and skills transfer clauses in the construction of infrastructure, unjustified minority shares of the Congolese party in the Sicomines joint venture and extremely low disbursements for infrastructure contrary to the expectations of the Congolese populations and to the commitments of the Chinese side.
It is unfortunately noted, the uncertainty of funds to finance infrastructure since the beginning of the year, President Félix Tshisekedi, the General Inspectorate of Finance (IGF) and the International Secretariat of the EITI have affirmed that the Chinese partnership will bring at the end of the negotiations a total of seven (7) billion US dollars in revenue, or 324 million US dollars per year for infrastructure investments.
Unfortunately, amendment 5 does not provide any guarantee that these announced revenues will be realized for the Congolese State. Rather than providing with certainty the sum of 324 million US dollars per year as announced by the Congolese authorities, amendment 5 conditions the financing of infrastructure on the price of copper on the international market, a variable that the DRC does not control.
According to the clauses of amendment 5, the Congolese party will only be entitled to 324 million US dollars per year to finance infrastructure if the price of copper exceeds 8,000 US dollars per tonne.
Cobalt, a strategic mineral forgotten in the calculations or offered as a gift to the Chinese side?
The CNPAV notes that amendment 5 did not include the revenues generated by cobalt in the revenues intended to contribute to the financing of infrastructure.
However, in the initial agreement, the DRC made considerable cobalt reserves available to Sicomines of around 619,000 tonnes, or 5 times the total annual production of the DRC, all projects combined.
In addition, according to statistics from the Lualaba Provincial Mines Division, Sicomines produced 34,000 tonnes of cobalt hydroxides from 2019 to 2023, and the CNPAV coalition wonders if amendment 5 has just offered the cobalt revenue as a gift to the Chinese side or if the Congolese negotiators forgot that this mineral already declared strategic by the government of the DRC because of its capital importance in the global energy transition?
Faced with this constant continuity of the unbalanced nature of this partnership for the Congolese side, the CNPAV demands the maintenance of exemptions, and the parallel management of Sicomines vis-à-vis the regular circuit of public finances.
For these reasons, the CNPAV recommends to the new Congolese government of Prime Minister Judith Suminwa to terminate the Convention and subject Sicomines to the same regime governing all other mining projects, in particular that of the Mining Code as revised in March 2018.

Daniel Bawuna

 
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