AVZ Discussion 2022

[Cumquat Cap]

Manono lithium speaking whatever they can into existence, all eyes of MoM as this will be a clear spit in the face of western authorities and I cannot see USA (Lucy Tamblyn) successfully explaining to congress how they helped China progress their lithium endeavours via a railway to port.

Huge inflection point and hope they can put us out of our misery one way or another soon

(Lucy Tamlyn had a meeting with Felix today which I don’t think is a co-incidence). Social media pressure works and we are waiting for the next assault on Felix and his family

 

[Bin59]

Back in pictures: The Ministry of Mines of the DR Congo organized this Thursday, September 12, 2024, a strategic workshop aimed at strengthening traceability and transparency in the mining sector. This event, part of the Government Action Program (PAG) 2024-2028, reflects the head of state's desire to ensure optimal exploitation of the country's mineral resources while respecting international standards.

At the opening of the workshop, His Excellency the Minister of Mines recalled the clear directives of the Head of State regarding the importance of putting in place more appropriate mechanisms for the recovery and certification of mineral reserves.

He stressed that traceability and transparency are top priorities to ensure the reliability of transactions and attract the trust of international partners.


Also I see Zijin still haven’t announced that the DRC Minister of Mines has signed a ministerial decree to award a mining licence for the Manono Lithium SAS project in the News section their website (despite holding 61% of the project) like they did when they held only 15% of Dathcom Mining SA

Media Center-Zijin Mining Group Co., Ltd.

 

[Bin59]

Franck Fwamba

@FranckFwamba

If you master the Mining Code of the DRC, it requires the publication of Feasibility Studies and those on environmental impacts so that the population and every citizen have a say in the matter.

This is accountability and transparency enshrined in the mining law.

10:34 PM - Sep 18, 2024

 

[Spikerama]

View attachment 69598

Maybe if you want to call them out try not to come across as a complete troglodyte. People might be inclined to take you more seriously.

Just a suggestion.

 

[Winenut]

Manono lithium speaking whatever they can into existence, all eyes of MoM as this will be a clear spit in the face of western authorities and I cannot see USA (Lucy Tamblyn) successfully explaining to congress how they helped China progress their lithium endeavours via a railway to port.

Huge inflection point and hope they can put us out of our misery one way or another soon

(Lucy Tamlyn had a meeting with Felix today which I don’t think is a co-incidence). Social media pressure works and we are waiting for the next assault on Felix and his family

Would certainly appreciate the active support of the USA in the ongoing battle with the corrupt forces in the DRC and their illegal partners China

 

[Winenut]

Just checked the Manono Lithium facebook lying page

Decent response from this dude

 

[Bin59]

The DRC Ministry of Mines have a very up to date website - it has everything from news, to Decrees and current posts on X - but not a word about the granting of an operating permit to Manono Lithium, no official photos etc. either.

Ministère des Mines | Mines RDC

A recent post by Kiki:

x.com

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Kiki Kienge
@KiengeKki

Mines_RDC

The government has never published any Decree on the creation of @Manonolithium, the granting of the EP! "Any transaction on a mining asset of a public company is decided by decree of the Prime Minister deliberated in the Council of Ministers"

@Presidency_RDC

 

[Frank]

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[Retrobyte]

Maybe if you want to call them out try not to come across as a complete troglodyte. People might be inclined to take you more seriously.

Just a suggestion.

Lots of shareholders have been posting factual, polite call outs on Twitter for more than 2 years now - it's not had any impact at all. It appears nothing posted on social media is having any influence.

 

[Mute22]

865 days since AVZ went into suspension.

 

[Ashlee]

Came across some interesting information while looking at another stock I own IXR.
VanEck Rare Earth and Strategic Metals ETF still owns a good number of AVZ.

 

[Hodlandwin69]

Came across some interesting information while looking at another stock I own IXR.
VanEck Rare Earth and Strategic Metals ETF still owns a good number of AVZ.

Roughly same amount as Nige

 

[Mr_Tones83]

Came across some interesting information while looking at another stock I own IXR.
VanEck Rare Earth and Strategic Metals ETF still owns a good number of AVZ.

Interesting that their valuation is around AUD 11.7c per share at a guestimate rate of 0.67AUD/USD

 

[Carlos Danger]

Came across some interesting information while looking at another stock I own IXR.
VanEck Rare Earth and Strategic Metals ETF still owns a good number of AVZ.

The market value per share they have for AVZ is interesting

$4,153,934 USD x 1.47 (USDAUD exchange rate) = $6,106,282.98 AUD

$6,106,282.98 AUD / 52,906,510 shares = $0.115 AUD per share

 

[Jazz]

The market value per share they have for AVZ is interesting

$4,153,934 USD x 1.47 (USDAUD exchange rate) = $6,106,282.98 AUD

$6,106,282.98 AUD / 52,906,510 shares = $0.115 AUD per share

Just guessing, but has their holding changed since a few years ago? Perhaps the 11.5c is based on a previous sale of part of their holding.

 

[Winenut]

Came across some interesting information while looking at another stock I own IXR.
VanEck Rare Earth and Strategic Metals ETF still owns a good number of AVZ.

Not being negative but they haven't been able to trade them really unless they wanted to sell to MMGA for 1c

So yes they are holding unless they want to trigger a capital loss for some particular tax reason

 

[Mr_Tones83]

Just guessing, but has their holding changed since a few years ago? Perhaps the 11.5c is based on a previous sale of part of their holding.

Funds are required to provide up to date market valuations, so isn't dependent on sales. They would have either an internal or independent valuer for unlisted securities.

 

[Frank]

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[Frank]

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[ptlas]

Just wondering what is to stop Fatty and his cronies from reversing all of this shit in the favour of the west, US, EU, WB and of course AVZ?
Then they could forget about the paper bags that they never received and not need to live in exile.
Deals can easily be cut when it suits all of the parties