The media has been involved Wombat. Notably, some media reports in the DRC like this one have been removed, possibly by the DRC
View attachment 73232
It is now a state affair that the Australian government is following.
In a detailed press release of October 30, 2023 for all, AVZ Minerals provides the following update to the Company's shareholders, in Cominière, Zijin and public opinion Response to Zijin's announcement and announces the filing of an emergency decree request before an international court to secure its rights in the Dathcom Mining joint venture.
Other media reports like this one below still exist
AVZ reiterates its position on the favorable decision in the ICC's emergency arbitration proceedings against Cominière AVZ Minerals Limited
November 5, 2023 Mining
AVZ fait de nouveau référence à ses annonces « Nouvelle action en justice pour affirmer des intérêts dans le Projet Manono » et « Décision favorable dans la procédure d'arbitrage d'urgence de la CCI contre Cominière » dans le cadre d'une procédure d'arbitrage devant la Cour Internationale...
miningnewsmagazine.org
This was another one also possibly removed by the DRC which had detailed and substantial information on the corrupt seizing of our project
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Here’s one by Global Witness
Global Witness
ARTICLE | NOV. 14, 2023
DRC’s stalled Manono project: shell companies profit while Congolese citizens wait for change
DRC is home to what some believe to be the world’s biggest lithium deposit. The estimated 6.6 million tons of lithium in the earth around the remote town of Manono could transform its economic fortunes and place it at the forefront of the green energy revolution
Global Witness investigated three emerging lithium mines in Africa, uncovering corruption and a range of environmental, social and governance issues.
www.globalwitness.org
Here’s another one that was possibly removed by the DRC
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Here’s one by Franck Fwamba
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Here’s one by AXINO CAPITAL
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Here’s one by Matt Birney
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The fight over AVZ Minerals’ mega-lithium deposit in the DRC conjures up images of the whacky Cantina bar scene in Star Wars where all the characters have two heads or three arms and an armoury of weapons to wield. A recent court ruling, however, has reset the playing field in AVZ’s favour as...
www.businessnews.com.au
Here’s a few more
View attachment 73238
Plusieurs rédactions congolaises ont appris du Cabinet MOMENTUM qu’il y aura audience au TRICOM ce lundi 25 mars 2024, sur la requête de La Cominière enregistrée sous le RAC 3268 – pour la dissolution de Dathcom Mining SA, concernant le contrôle du grand gisement de lithium de Manono
touspourlardc.org
View attachment 73239
AVZ Minerals soared from ASX small-cap stock to a billion-dollar company. Now, their Congo lithium deal hangs in the balance. Will delisting be the final blow?
articles.equitiesclub.com
By the way mate, keep an eye out for the trolls lurking, the ones who constantly try and devalue our project and the ones who said we shouldn’t have pursued arbitration in the international courts. They’re obviously getting more frustrated at the lack of information ahead of the AGM.
As a reminder, here’s what the Fat Tail Holdings group who tried to roll our BOD said ahead of the last AGM
“THE MOVE BY THE FAT TAIL HOLDINGS GROUP IS NOT A HOSTILE ACTION”
and
“THEY DID NOT SEEK TO REMOVE SHAREHOLDERS"
Then they sent out public and private statements, social media announcements, 9 emails, videos and mailed notices to shareholders over 20 days ahead of the 2023 AGM that said….
“THE ENTIRE AVZ BOARD MUST RESIGN”
“THE POSITION OF THE INCUMBENT BOARD IS UNTENABLE”
“THEIR TIME IS UP”
“THE BOD MUST RESIGN IMMEDIATELY”
Then they went on to say that AVZ’s litigation was “COUNTER PRODUCTIVE” and “HOSTILE” and how 3 large Chinese shareholders were voting against our BOD and “explicitly supporting the appointment of MMGA-nominated directors”.
In one video they “acknowledged AVZ’s 75% interest in Dathcom and Dathomir’s apparent reneging on the contract” and ended that video by saying “
We are not interested in the fairness of it” and “You know, we have no vested interest in the dispute”
One member of the Fat Tail Holdings (MMGA) Group said he “Couldn’t understand why AVZ can’t get on with Dathomir or Cominiere.”
This in spite of Cominiere breaching AVZ’s First Right of Refusal (FROR) contract and the DRC Inspector General of Finance Report showing
“VIOLATIONS”
“ACTS THAT CANNOT BE JUSTIFIED”
“ILLEGAL TRANSFERS OF MINING TITLES”
AND
“THE ILLEGAL SEIZING OF DATHCOM'S PR13359” BY COMINIERE AGAINST AVZ MINERALS.
Recently 57 million shares were acquired by Resource Capital Investments through offers that were said to be a “TAKEOVER” and then a “BUYBACK” offer.
Resource Capital Investments claimed it was
“OF THE OPINION THAT NO SIGNIFICANT VALUE CAN CURRENTLY BE PLACED ON AVZ SHARES”
We have a defined lithium pegmatite deposit of 840 million tonnes (equal to 13.5 million tonnes of Li2O) multiplied by today’s price which is at a low) of US$800/tonne = $US10.8 billion.
Thats AU$15,654,000,000.00
= $15 billion 654 million Australian dollars
= > $4 per share
Li2O has been over US$8000/tonne
= Over $150 billion Australian dollars
= > $40 per share
Benchmark Minerals and other lithium analysts forecast short term future prices of between $1000-$2000/t and a future shortage in supply against demand
From what I gather from my own personal research is that the DRC have lied and colluded against us and can’t be trusted, and KoBold is interested in acquiring Manono. Apart from that I’ve got my own views on why the Locke funding hasn’t been announced yet but I’m confident we’ll get it.
I don’t have any specific sources, it’s just my opinions formed from my own research