So funny, I knew he was lurking on TSE as usual, so posted knowing him, he couldn't resist to react.
Oh dear.....
very entertaining
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Oh dear.....
very entertaining
Well, i think the dream for everyone who invested in AVZ was to not only create wealth for ourselves, but also play a part in lifting the standard of living for the congolese people via the Manono special economic zone ( rember that ? ) which was purported moons ago but never eventuated.When people are poorly paid it provides a perfect environment for corruption to flourish
If only the DRC could find a way to minimize corruption, start earning legit dollars, getting decent projects honestly off the ground, generate some country wealth with good "win/win" foreign investment in world class mining activities and raise the living standards and wages of all Congolese directly involved and also indirectly through taxes and royalties that can be purposed for the betterment of the wider Congolese population
Oh wait!!!.....
AVZ Minerals!!
Instead, all long term holders of AVZ and the poor congolese people have been betrayed in the worst possible way by the DRC govt who cant see the trees from the brown paper bags shoved in their face....by the the dark side.
The dream is over sadly....( at least for me )
Its all about a buy out or compensation.
Then get the fuck out.
Winenut
Go AVZ!
Keep your chin up buddy
Yes the DRC absolutely extreme level of unbelievable, massive and endemic corruption caught everyone by surprise (particularly with Felix coming in after Kabila on an anti-corruption platform)
But the fight is still on.....
The Congolese and the collective honest international investors in the future of the DRC absolutely deserve better than ongoing corruption, Zijin/ China/CCP influence, corrupt politicians and sell out bureaucrats in positions of power that take 30 pieces of silver in exchange for the future of their fellow DRC citizens
The whole world is watching very fucking closely.......very fucking closely......
obe wan
Regular
Looks like Deboss is hard at work trying to keep all up to date - for offshore holder- ; I think a couple asked the question in here over the last couple of days
Hopefully the genuine holders that only post of Hotcrapper get out got an hour and view X or have a look here ; because H00t the absolute @pieceofshit is reporting same type postings as ‘unsubstantiated’ no doubt ; anyway - offshores
Hopefully the genuine holders that only post of Hotcrapper get out got an hour and view X or have a look here ; because H00t the absolute @pieceofshit is reporting same type postings as ‘unsubstantiated’ no doubt ; anyway - offshores
Skar
Regular
I haven't been paying attention to this stock in a while. I got correspondence saying we have a new shareholder liason and I should send my SRN to get on the mailing list... if I am already getting emails I assume I am on the mailing list, or is this a super secret mailing list for holders only?
Basically I just want to know how long before I know if this is a capital loss or I can see ROI, 2 years, 5 years, 10 years?
Basically I just want to know how long before I know if this is a capital loss or I can see ROI, 2 years, 5 years, 10 years?
Yes it’s a secret mailing list for holders only.
No one knows when or if there will be a ROI.
oxxa23
Regular
what are up's?
DiscoDanNZ
Regular
That's what happens to a stock once you sell it
Small Trader
Emerged
obe wan
Regular
C’mon man ,he's only been in the role for less than 5 days ; his phone and email would be on overdrive ; he’s clearly also trying to pull all holders ( in and out of country ) contact details together to try keep people informed.
I certainly wouldn’t be expecting any more than a ‘copy & paste’ email in the up front ; imagine the amount of goons even flicking in emails and random SRNs just seeing what they get ; mixed in with genuine emails .. he’d be having to check all this shit by himself .. and all for $1 per annum …
Let the guy settle in and have everything organised the way he wants it and the front end rush for information calms down
Mute22
Regular
Completely fair, but laid out a pretty basic yes/no question.
He does keep reiteration updating shareholders in the coming 'Weeks' no months, years ect. Probably looking too much into that, but glad to see he's on the front foot.
Carlos Danger
Top 20
New information must come through official announcements. You don’t need to be an astute thinker to realise this is just a pay to play ego boost for the winker. And no I won’t be handing over my email address to hear regurgitated information because it will most likely end up in the hands of whatever form MMGA takes on this year.
This is going to take years unless we cut a deal. And judging from official announcements and the MoM’s press release it doesn’t seem like negotiations are going anywhere. That’s the reality and no amount of feel good advocacy is going to change it.
Bin59
Regular
A brief but factual article.
copperbeltkatangamining.com
Mining in DRC Battery Metals Lithium Mining Projects
AVZ Minerals Limited (AVZ) has raised concerns over the purported transformation of Research Permit PR15775 into an Exploitation Permit by Manono Lithium SAS, a joint venture between Jinxiang Lithium Limited (a subsidiary of Zijin Mining Group) and Congolaise D’Exploitation Miniere SA (Cominière).
AVZ asserts that PR15775 overlaps the northern portion of PR13359, a permit the company claims legal rights to through its majority stake in Dathcom Mining SA.
AVZ refers to provisional orders from the International Centre for Settlement Disputes (ICSID) arbitration proceedings (ICSID Case No. ARB/23/20).
These orders, disclosed in January and May 2024, bind the Democratic Republic of Congo (DRC) to recognize Dathcom as the rightful holder of PR13359 and safeguard AVZ’s rights and those of its subsidiaries during the ongoing arbitration.
The company argues that Cominière’s relinquishment of the northern section of PR13359 and the subsequent granting of PR15775 to Manono Lithium violate the ICSID orders, making any attempt to transform PR15775 into an Exploitation Permit illegal.
AVZ is committed to resolving the dispute through legal means unless a negotiated settlement with the DRC government is reached.
Demetre, a longtime shareholder and successful entrepreneur, expressed his commitment to protecting the Manono Project from external attempts to seize control.
He emphasized the importance of clear communication with shareholders and resolving the disputes delaying the project’s development.
Demetre aims to maximize shareholder value by addressing misinformation and ensuring a swift and fair resolution to AVZ’s ongoing challenges.
AVZ Minerals Asserts Legal Rights Amid Manono Lithium Permit Dispute - Copperbelt Katanga Mining
AVZ Minerals Limited (AVZ) has raised concerns over the purported transformation of Research Permit PR15775 into an Exploitation Permit by Manono Lithium SAS,
copperbeltkatangamining.com
AVZ MINERALS ASSERTS LEGAL RIGHTS AMID MANONO LITHIUM PERMIT DISPUTE
SEPTEMBER 29, 2024 CONSTANCEAVZ Minerals Limited (AVZ) has raised concerns over the purported transformation of Research Permit PR15775 into an Exploitation Permit by Manono Lithium SAS, a joint venture between Jinxiang Lithium Limited (a subsidiary of Zijin Mining Group) and Congolaise D’Exploitation Miniere SA (Cominière).
AVZ asserts that PR15775 overlaps the northern portion of PR13359, a permit the company claims legal rights to through its majority stake in Dathcom Mining SA.
AVZ refers to provisional orders from the International Centre for Settlement Disputes (ICSID) arbitration proceedings (ICSID Case No. ARB/23/20).
These orders, disclosed in January and May 2024, bind the Democratic Republic of Congo (DRC) to recognize Dathcom as the rightful holder of PR13359 and safeguard AVZ’s rights and those of its subsidiaries during the ongoing arbitration.
The company argues that Cominière’s relinquishment of the northern section of PR13359 and the subsequent granting of PR15775 to Manono Lithium violate the ICSID orders, making any attempt to transform PR15775 into an Exploitation Permit illegal.
AVZ is committed to resolving the dispute through legal means unless a negotiated settlement with the DRC government is reached.
APPOINTMENT OF CORPORATE STRATEGY CONSULTANT
In a related development, AVZ has appointed Yianni (John) Demetre as an advisor to assist its board of directors with shareholder advocacy, communications, and corporate strategy.Demetre, a longtime shareholder and successful entrepreneur, expressed his commitment to protecting the Manono Project from external attempts to seize control.
He emphasized the importance of clear communication with shareholders and resolving the disputes delaying the project’s development.
Demetre aims to maximize shareholder value by addressing misinformation and ensuring a swift and fair resolution to AVZ’s ongoing challenges.
Largus Averta
Regular
"New information must come through official announcements."
Must it really? Genuine question. The company is no longer ASX listed.
Must it really? Genuine question. The company is no longer ASX listed.
Winenut
Go AVZ!
Fair enough Carlos. As a shareholder you don’t have to utilize the resource if you don’t want to or don’t see any value in it for you. Jury is out for me. Have to provide some time to see how Yianni may be able to assist and whether there is a benefit in comms or assistance. I’m not calling it 5 days into a completely new role when someone is offering to do something to maybe assist for a buck a year. I’ll probably look at a few questions and queries of my own and see what comes of it before making a judgement, At the end of the day if it doesn’t add value it’s only cost AVZ $1 for somebody to put in their time and try…….and I get lots of us have put in time over the last few years to assist in whatever way we can
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