AVZ Discussion 2022

[Hemicuda]

I disagree - lets wait for the ICSID and the ICC rulings.

If you want to bag the Board then thats an invitation for me to comment.


Regards,

SilentOne

Bla bla getting very very old mate, hearing the same excuses for this clusterfuck whilst nothing changes but our cash reserves

 

[Rediah]

We’ve never been given any timelines regarding ICSID. Only person that did provide an outline on how long it will take is 9card who was clearly silenced by management. June 2025 is the initial hearing. We will be lucky to get a decision before 2027. Will be a miracle for any action to be taken on it by the DRC ever. A negotiated outcome is the only way out of this mess this side of 2030 imo

Now that you have reminded us, last post from 9card was Dec 2023, hope he/she/they/them is/are ok, I still think of John25, good soul.

 

[wombat74]

I disagree - lets wait for the ICSID and the ICC rulings.

If you want to bag the Board then thats an invitation for me to comment.


Regards,

SilentOne

ICSID is the threat used for a negotiated settlement . ICSID is not the outcome .

 

[Flight996]

Oh how my aspirations have slipped:

Previously and if things had gone to plan, my AVZ shares were intended to me a luxury beach house somewhere warm. Now, my aspirations are more aligned with an abandoned house in Sth Detroit.

Before

After

Cheers
F
(temporarily escaping the cold at Fishermans Beach on Ko Samui. Yes, unashamedly warm)

 

[Roger2018]

I’m going to join the fukn over it bandwagon!
Would love some insight into what is happening?
Does anyone know what is happening on the ground over there? Is Zijin going full steam ahead?
Are they taking any notice of ICC ICSID?
If I lose my money I’m paying locals to throw rocks at the cunts!

 

[wombat74]

Nigel for sure deserves it as does Ben who’s been in country for several years. Not convinced Graeme who obviously hadn’t stepped foot in the Congo in years and Jan who is CEO of another company deserve full pay (maybe they’re on half salary).

Point is as well is our dwindling finances, Nigel probably deserves more but in this climate and the fight we’re in, he’s adequately incentivised to secure a positive result no matter how much he’s paid (unless he wants to let someone else negotiate his multi million dollar settlement).

All semantics at the end of the day but they will face a lot of backlash if avz go insolvent down the line (which I don’t think they will).

Mate I doubt our BoD have been anywhere near the DRC for many months .

A victory at ICSID will clear the BoD of any backlash (legally speaking ).

 

[Carlos Danger]

Now that you have reminded us, last post from 9card was Dec 2023, hope he/she/they/them is/are ok, I still think of John25, good soul.

 

[Mr_Tones83]

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FÜR DIEJENIGEN UNTER UNS, DIE INGRISH BRAUCHEN:

Anlässlich einer Pressekonferenz im Hotel Rotana in Kinshasa am vergangenen Freitag, dem 15. Juli, hat Christian Lukusa, Vertreter des Bergbauunternehmens AVZ, die nationale Meinung darauf hingewiesen, dass das Unternehmen Dathcom täglich eine Million Dollar an Einnahmen und der kongolesische Staat 300.000 Dollar an Steuern hat hat verloren, weil es keine Meldung beim Bergbaukataster (CaMi) gibt. Im Rahmen dieser Veranstaltung wurden die Presse und die Öffentlichkeit nach Informationen und dem Recht auf Gegendarstellung gefragt, nachdem in jüngster Zeit falsche Aussagen und Behauptungen bezüglich bestimmter fehlerhafter Informationen über das Zinn- und Lithiumprojekt in Manono in der Provinz Tanganjika aufgetaucht waren. Laut Christian Lukusa besteht das Ziel dieser Aktionen darin, die kongolesischen Behörden dazu zu drängen, das Bergbaukataster zu informieren und AVZ sowie deren Partner zu informieren, damit sie über den Inhaber der tatsächlichen Lizenz und des Zinn- und Lithiumprojekts in Manono auf dem laufenden bleiben.

Tatsächlich hat AVZ vor weniger als drei Jahren eine Machbarkeitsstudie vorgelegt, die von der Firma Cominiere mit offenen Armen empfangen wurde. Diese wurden während der Verwaltungsratssitzungen nach der Entscheidung über die Machbarkeitsstudie und ihre Übersetzung ins Französische ermöglicht.
Darüber hinaus wurde dies durch fehlende Reaktionen nach der Einführung dieser Unterstützung im Bergbaukataster bemängelt. Laut Christian Lukusa besteht die Zusammenarbeit von AVZ und Cominiere bei der Umsetzung dieses Projekts seit langem und sie sind integraler Bestandteil des Verwaltungsrats der Firma AVZ. Anwalt Lukusa gibt an, dass
Die Demokratische Republik Kongo täglich 300.000 US-Dollar an Steuern und die Firma Dathcom täglich eine Million Dollar an Einnahmen verliert, weil sie das Bergbaukataster nicht meldet. Diese Lethargie kann das Land in komplizierte Situationen bringen, sagte er. Der Appell wurde soeben an die kongolesische Regierung gerichtet, die Genehmigung des Bergbaukatasters zu erteilen, das sie bei der Identifizierung des Projekts der Firma Dathcom blockiert hat, und nicht der AVZ, die nur der Aktionär ist, da Dathcom Teil einer Projektgesellschaft ist, die vom Ministerium für Finanzen wird betreut, um die Möglichkeit zu erhalten, das Projekt zu starten, Arbeitsplätze für die Bevölkerung zu schaffen, die Infrastruktur auszubauen und mehr.

This is from 2yrs ago, not sure why it's being posted around now

 

[BRICK]

We should be up to well over 5000 thread pages by 2030.

At least something is going up in this market.

 

[Frank]

x.com

x.com

x.com

x.com

x.com

x.com

 

[Flekman11]

This thread has become absolute crud. Rather than decent discussion, its just pissed off punters who had a crack at making multiples and are stuck and salty.

I’m one of them, with several hundred k thrown in around 40-50c.

I took a gamble in a well known shithole with a resource that was always in retrospect going to be targeted by less governed entities. My fault, I blame nobody else for where that money sits.

But I for one am enjoying the silence right now, to me it means progress. Nigel has my full support, as any alternative is goodnight in my view.

 

[Mute22]

This thread has become absolute crud. Rather than decent discussion, its just pissed off punters who had a crack at making multiples and are stuck and salty.

I’m one of them, with several hundred k thrown in around 40-50c.

I took a gamble in a well known shithole with a resource that was always in retrospect going to be targeted by less governed entities. My fault, I blame nobody else for where that money sits.

But I for one am enjoying the silence right now, to me it means progress. Nigel has my full support, as any alternative is goodnight in my view.

Can't disagree that Nigel is who we are stuck with for better or worse. Any change to the board would almost certainly mean China twisting the knife and we would lose out big time. I also think this is somewhat personal for him now, understandably so.

I don't believe that means he cannot be criticized and we shouldn't be pushing for fairer treatment from the BOD. It leaves a bad taste in my mouth how we were communicated in the lead up to 2022 and now after the fact we are more in the dark than ever.

Maybe you can compartmentalize this, but for me the opportunity cost is eating up every waking moment of my days.

 

[BRICK]

Is it too early for Friday night funnies?

 

[wombat74]

This thread has become absolute crud. Rather than decent discussion, its just pissed off punters who had a crack at making multiples and are stuck and salty.

I’m one of them, with several hundred k thrown in around 40-50c.

I took a gamble in a well known shithole with a resource that was always in retrospect going to be targeted by less governed entities. My fault, I blame nobody else for where that money sits.

But I for one am enjoying the silence right now, to me it means progress. Nigel has my full support, as any alternative is goodnight in my view.

If you enjoy the silence then you've come to the wrong place . This is a public forum . And no one has said they don't support the BoD . It's just their performance that has drawn criticism . I was critical 22 months ago . 22 months later I'm still critical .

 

[oxxa23]

And we'll all complain when the creepy fuckers that prowl and troll these threads start using these posts against us further on twitter and the crapper...

Unfortunately, absolutely nothing constructive comes of us sooking it up presently... no matter how entitled it may be...

 

[wombat74]

Is it too early for Friday night funnies?

View attachment 66920

A poodle and a collie were walking down the street. The poodle turned to the collie and complained, "My life is a mess. My owner is mean, my girlfriend is having an affair with a German shepherd, and I'm nervous as a cat."

"Why don't you go see a psychiatrist?" asked the collie.

"I can't," replied the poodle. "I'm not allowed on the couch."

 

[Flekman11]

Can't disagree that Nigel is who we are stuck with for better or worse. Any change to the board would almost certainly mean China twisting the knife and we would lose out big time. I also think this is somewhat personal for him now, understandably so.

I don't believe that means he cannot be criticized and we shouldn't be pushing for fairer treatment from the BOD. It leaves a bad taste in my mouth how we were communicated in the lead up to 2022 and now after the fact we are more in the dark than ever.

Maybe you can compartmentalize this, but for me the opportunity cost is eating up every waking moment of my days.

I absolutely understand mate and agree fairer treatment would be ideal. I just don’t think it’s possible. How can anyone on the board say literally anything, especially to some of our shareholders without undoing what they are trying to achieve? It’s just not possible.

I can compartmentalise only because I’ve got solid mottos. Drink. Don’t let shit get to you. Drink. Repeat.

 

[BRICK]

A poodle and a collie were walking down the street. The poodle turned to the collie and complained, "My life is a mess. My owner is mean, my girlfriend is having an affair with a German shepherd, and I'm nervous as a cat."

"Why don't you go see a psychiatrist?" asked the collie.

"I can't," replied the poodle. "I'm not allowed on the couch."

What’s better than eating a mandarin?

Eating Amanda out

 

[oxxa23]

I absolutely understand mate and agree fairer treatment would be ideal. I just don’t think it’s possible. How can anyone on the board say literally anything, especially to some of our shareholders without undoing what they are trying to achieve? It’s just not possible.

I can compartmentalise only because I’ve got solid mottos. Drink. Don’t let shit get to you. Drink. Repeat.

Thibk we bought the same Bali tshirt