AVZ Discussion 2022

[Sangster]

Guess who the cat dragged in. My interpretation is that our X Lawyer saying that things went pear shape because Nigel would allow agreements to be re-negotiated at the expense of AVZ.

Linke to the video: https://x.com/Vianney_Light/status/2016129933802651653?s=20

I think this is a new video

View attachment 94593

Based on auto translate he claims:

1) After AVZ bought their share of the project and completed the feasibility study the Congolese wanted to renegotiate the price they'd previously accepted and wanted AVZ to share the project with a bunch of other companies. I interpret this to mean dividing our project amongst others who wanted ongoing payments rather than just a once off extra payment. Head of CAMI used to do this, nothing got approval unless a few percent of the project was given to a minor company owned by someone he controlled, allowing him to skim profits from the project every year. AVZ refused, problems follwed.

2) He says the escrow account (that he neglects to mention he controlled) was used to bribe Congolese officials in an attempt to obtain our mining permit. If our own lawyer was making the claim that certainly explains the AFP raid. Not saying I believe him mind you, I figure he stole the money, aligned with Cominiere, and spun that story to try and deflect justice.

 

[Dazmac66]

Based on auto translate he claims:

1) After AVZ bought their share of the project and completed the feasibility study the Congolese wanted to renegotiate the price they'd previously accepted and wanted AVZ to share the project with a bunch of other companies. I interpret this to mean dividing our project amongst others who wanted ongoing payments rather than just a once off extra payment. Head of CAMI used to do this, nothing got approval unless a few percent of the project was given to a minor company owned by someone he controlled, allowing him to skim profits from the project every year. AVZ refused, problems follwed.

2) He says the escrow account (that he neglects to mention he controlled) was used to bribe Congolese officials in an attempt to obtain our mining permit. If our own lawyer was making the claim that certainly explains the AFP raid. Not saying I believe him mind you, I figure he stole the money, aligned with Cominiere, and spun that story to try and deflect justice.

So this corrupt prick is saying that AVZ followed the mining code and honoured all contracts! If he is squeaky clean why did he disappear for months?

 

[Seaworthy]

Looks like the guy that posted the clip is one of snake head Kibeya's men

 

[Sangster]

So this corrupt prick is saying that AVZ followed the mining code and honoured all contracts! If he is squeaky clean why did he disappear for months?

He speaks in such a way as to say that AVZ were bad because they didn't share the project with a bunch of other companies that wanted a slice after AVZ paid for their shares and bore all the costs proving up the resource.

These other companies had no part in the process and only turned up once the project economics were known. My guess is these other companies were just shells existing only to skim profits for politically connected Congolese.

My impression from the way they speak is they both think that's how things work. That these other companies were entitled to a slice and AVZ were in fact bad for not sharing. There's mention of how strict AVZ was in their corporate governance as if that's a bad thing. They also say that whenever AVZ met with the Congolese there was s policy of always having at least four representatives from AVZ present.

Sounds to me like our board tried hard to avoid being incriminated by conduct the people they were dealing with expected as just part of doing business in Congo. When they didn't get their expected slice the Congolese turned coat and screwed over AVZ all the while thinking themselves justified.

 

[Carlos Danger]

I think this is a new video

 

[Dave Evans]

I would call this a "Stand up comedy", but they are all sitting down - maybe its a "Slap stick comedy" because we all know they need a good beating.

Link: https://x.com/MinMinesRDC/status/2016100648274502077?s=20


View attachment 94590

Guess who the cat dragged in. My interpretation is that our X Lawyer saying that things went pear shape because Nigel would allow agreements to be re-negotiated at the expense of AVZ.

Linke to the video: https://x.com/Vianney_Light/status/2016129933802651653?s=20

I think this is a new video

View attachment 94593

View attachment 94611

Thanks for sharing those links @SilentOne

You could reply to the Minister of Mines querying how he expects any international investor to trust the people videoed in the room with billions of dollars and show him this video

https://x.com/i/status/1703655577023361042

As @Carlos Danger says, that video with Lukusa and Mills Tshibangu is old. Tshibangu released a lot of video interviews in the past, all full of bullshit

 

[SilentOne]

View attachment 94611

Carolos thanks for that - I thought it was a new one - my bad

 

[SilentOne]

LINK: https://x.com/KitambalaMarcel/status/2016416730382213457?s=20

 

[SilentOne]

Link: https://x.com/MinMinesRDC/status/2016547697247867023?s=20

 

[Dave Evans]

Link: https://x.com/MinMinesRDC/status/2016547697247867023?s=20

View attachment 94627

It’s just like I said on the other thread, time to keep our foot on their throats

Ongoing Corruption Makes International Investment Dangerous In The DRC

Why the DRC is too dangerous to invest in and why the DRC won’t prosper while corruption continues under the protection of the President and corrupt officials Corruption in the DRC has remained under the Tshisekedi government. The DRC government and mining sectors are rife with bribes...

thestockexchange.com.au

Cominiere’s Corruption

Cominiere’s Corruption Investors, mining companies, battery maker’s and EV manufacturer’s around the world know the story of AVZ Minerals and how DRC state miner Cominiere seized the Manono lithium project from Dathcom and sold it to Chinese Zijin Mining Follow the links below to see 1. The...

thestockexchange.com.au

David E’ngazi's Opaque $70 Million Payment From Zijin

19/04/2024 Lithium: the intriguing transformation of $ 70 million from Zijin Mining to an NGO As part of its partnership with La Comminière, a subsidiary of the Chinese mining Zijin paid an important contribution to a mysterious Congolese NGO, whose president is himself a public company...

thestockexchange.com.au

Lisette Tshibwabwa Kabanga

31/07/2023 Lithium: the COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga "Lisette Kabanga Tshibwabwa justified in particular the legality of lobbying in Congo" NEWSECONOMY Lithium: the COMINIERE and the Congolese State paid US$1.6 million...

thestockexchange.com.au

Africa Intelligence

Read the report on Lisette Kabanga Tshibwabwa from Africa Intelligence Attachments 1691890971479.jpeg 293.3 KB · Views: 199 https://www.africaintelligence.com/central-africa/2022/12/13/senior-presidency-official-facilitated-controversial-cominiere-share-sale,109873428-gra

thestockexchange.com.au

Manono Lithium Continues To Violate ICC and ICSID Orders In The DRC

17/11/2023 https://announcements.asx.com.au/asxpdf/20231117/pdf/05xgd2s91x97y0.pdf 10/01/2024 Manono: The suspension of Manono Lithium's activities is being debated The Governor of the Province of Tanganyika suspends the career activities of the mining company ManonoLithium for an...

thestockexchange.com.au

Cominiere violated AVZ’’s FROR set out in their joint venture contract and sold 15% of Dathcom’s shares to Zijin subsidiary Jin Cheng

Recording of Celestin Kibeya Kabemba accepting money from Zijin for the sale

x.com​

x.com

Proof the sale by Cominiere to Zijin was fraudulent and proof all the money disappeared under opaque circumstances, verified in the DRC Inspector General of Finance report

https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf

https://congominespdfstorage.blob.core.windows.net/congominespdfstorage/Rapport-IGF-sur-COMINIERE-S-A-6387826ba915e (1).pdf

Cominiere and Zijin’s attempts to undermine AVZ Minerals position as the major shareholder of Dathcom. The ICC findings shown below

https://static1.squarespace.com/sta...s+Against+Jin+Cheng+ICC+Proceedings+-+Eng.pdf

Cominiere then terminates the Dathcom joint venture sighting disagreements between shareholders in Dathcom and claims full ownership rights over PR13359

https://announcements.asx.com.au/asxpdf/20230417/pdf/45nqfydgl4grrk.pdf

International Chamber of Commerce findings in favour of AVZ Minerals and rulings against Cominiere

https://static1.squarespace.com/sta...rable+Ruling+in+ICC+Emergency+Arbitration.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6556c81619b89256c649135d/1700186135012/20231117+-+ASX+AVZ+Successfully+Restrains+Cominière+and+Additional+ICC+Arbitration+Updates.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/65577f9e3ceec52a0ea0145a/1700233132219/Affaire+CCI+27720+SP+(EA)-Ordonnance+CS+15-11-23+-+Eng+Translation.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/67d3c05d706c8e3c6453432b/1741930593293/20250314+-+Announcement+-+Response+to+Media+Speculation+and+ICC+Decision+to+Liquidate+Cominiere+Penalty(1300575192.2)+ENG_FRE.pdf

https://static1.squarespace.com/sta...uncement+-+ICC+Dismisses+Cominiere+Action.pdf

International Centre For Settlement Of Investment Disputes orders

https://static1.squarespace.com/sta...+AVZ+Successful+in+ICSID+Interim+Measures.pdf

Cominiere’s fraud and lack of transparency documented in the IGF Report, ICC and ICSID. IGF and other Reports also showing evidence of Cominiere BOD members Lisette Kabanga and David Engazi receiving millions of dollars from Zijin Mining which disappeared without trace

Photos below of Celestin Kibeya eyeing off lithium cores that AVZ Minerals drilled, standing with Lisette Kabanga, and speaking on television how he wants to control the DRC’s mining finances

 

[Dave Evans]

It’s just like I said on the other thread, time to keep our foot on their throats

Ongoing Corruption Makes International Investment Dangerous In The DRC

Why the DRC is too dangerous to invest in and why the DRC won’t prosper while corruption continues under the protection of the President and corrupt officials Corruption in the DRC has remained under the Tshisekedi government. The DRC government and mining sectors are rife with bribes...

thestockexchange.com.au

Cominiere’s Corruption

Cominiere’s Corruption Investors, mining companies, battery maker’s and EV manufacturer’s around the world know the story of AVZ Minerals and how DRC state miner Cominiere seized the Manono lithium project from Dathcom and sold it to Chinese Zijin Mining Follow the links below to see 1. The...

thestockexchange.com.au

David E’ngazi's Opaque $70 Million Payment From Zijin

19/04/2024 Lithium: the intriguing transformation of $ 70 million from Zijin Mining to an NGO As part of its partnership with La Comminière, a subsidiary of the Chinese mining Zijin paid an important contribution to a mysterious Congolese NGO, whose president is himself a public company...

thestockexchange.com.au

Lisette Tshibwabwa Kabanga

31/07/2023 Lithium: the COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga "Lisette Kabanga Tshibwabwa justified in particular the legality of lobbying in Congo" NEWSECONOMY Lithium: the COMINIERE and the Congolese State paid US$1.6 million...

thestockexchange.com.au

Africa Intelligence

Read the report on Lisette Kabanga Tshibwabwa from Africa Intelligence Attachments 1691890971479.jpeg 293.3 KB · Views: 199 https://www.africaintelligence.com/central-africa/2022/12/13/senior-presidency-official-facilitated-controversial-cominiere-share-sale,109873428-gra

thestockexchange.com.au

Manono Lithium Continues To Violate ICC and ICSID Orders In The DRC

17/11/2023 https://announcements.asx.com.au/asxpdf/20231117/pdf/05xgd2s91x97y0.pdf 10/01/2024 Manono: The suspension of Manono Lithium's activities is being debated The Governor of the Province of Tanganyika suspends the career activities of the mining company ManonoLithium for an...

thestockexchange.com.au

Cominiere violated AVZ’’s FROR set out in their joint venture contract and sold 15% of Dathcom’s shares to Zijin subsidiary Jin Cheng

Recording of Celestin Kibeya Kabemba accepting money from Zijin for the sale

x.com​

x.com

Proof the sale by Cominiere to Zijin was fraudulent and proof all the money disappeared under opaque circumstances, verified in the DRC Inspector General of Finance report

https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf

https://congominespdfstorage.blob.core.windows.net/congominespdfstorage/Rapport-IGF-sur-COMINIERE-S-A-6387826ba915e (1).pdf

Cominiere and Zijin’s attempts to undermine AVZ Minerals position as the major shareholder of Dathcom. The ICC findings shown below

https://static1.squarespace.com/sta...s+Against+Jin+Cheng+ICC+Proceedings+-+Eng.pdf

Cominiere then terminates the Dathcom joint venture sighting disagreements between shareholders in Dathcom and claims full ownership rights over PR13359

https://announcements.asx.com.au/asxpdf/20230417/pdf/45nqfydgl4grrk.pdf

International Chamber of Commerce findings in favour of AVZ Minerals and rulings against Cominiere

https://static1.squarespace.com/sta...rable+Ruling+in+ICC+Emergency+Arbitration.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/6556c81619b89256c649135d/1700186135012/20231117+-+ASX+AVZ+Successfully+Restrains+Cominière+and+Additional+ICC+Arbitration+Updates.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/65577f9e3ceec52a0ea0145a/1700233132219/Affaire+CCI+27720+SP+(EA)-Ordonnance+CS+15-11-23+-+Eng+Translation.pdf

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/67d3c05d706c8e3c6453432b/1741930593293/20250314+-+Announcement+-+Response+to+Media+Speculation+and+ICC+Decision+to+Liquidate+Cominiere+Penalty(1300575192.2)+ENG_FRE.pdf

https://static1.squarespace.com/sta...uncement+-+ICC+Dismisses+Cominiere+Action.pdf

International Centre For Settlement Of Investment Disputes orders

https://static1.squarespace.com/sta...+AVZ+Successful+in+ICSID+Interim+Measures.pdf

Cominiere’s fraud and lack of transparency documented in the IGF Report, ICC and ICSID. IGF and other Reports also showing evidence of Cominiere BOD members Lisette Kabanga and David Engazi receiving millions of dollars from Zijin Mining which disappeared without trace

Photos below of Celestin Kibeya eyeing off lithium cores that AVZ Minerals drilled, standing with Lisette Kabanga, and speaking on television how he wants to control the DRC’s mining finances

View attachment 94631
View attachment 94632 View attachment 94633

A few things I’m pretty sure of is that the DRC is really desperate for foreign investment and assistance with security from the US, and they are going out of their way to convince other countries they are endeavouring to clean up their mining sector and show it is transparent and has good governance.

The US is also desperate for critical minerals and has already committed billions to the Lobito Corridor to transport critical minerals back to the US. My thoughts have always been to expose the DRC corruption to put pressure on them and I still think it’s the only way to get what we are owed

 

[Flight996]

'...the DRC is really desperate for foreign investment and assistance with security from the US, and they are going out of their way to convince other countries they are endeavouring to clean up their mining sector and show it is transparent and has good governance'.

You can't use 'DRC' and 'good governance' in the same sentence.

You can however, use 'DRC' and 'lying, thieving, goat-fucking clowns' in a single sentence provided it's predicated with the phrase fuck off.

I hope that helps.

Cheers
F

 

[Rechnerhand]

MANONO LITHIUM SAS: Manono Lithium's Water Well Construction Project (Phase I)

 

[Rechnerhand]

BHRC invited Zijin to respond to allegations of lack of transparency in the development of the Manono lithium sector in the DRC. The company responded.

 

[FatCatz]

Anyone else feeling especially good lately?

I have been stress free. On holidays, enjoying pineapple daiquiris, a beautiful woman by my side. Life’s a bliss after years of torture holding this stock.

even been posting on the Crapper a bit lately.

Anyone else have similar vibes?

 

[Dave Evans]

'...the DRC is really desperate for foreign investment and assistance with security from the US, and they are going out of their way to convince other countries they are endeavouring to clean up their mining sector and show it is transparent and has good governance'.

You can't use 'DRC' and 'good governance' in the same sentence.

You can however, use 'DRC' and 'lying, thieving, goat-fucking clowns' in a single sentence provided it's predicated with the phrase fuck off.

I hope that helps.

Cheers
F

When I read @Rechnerhand post on Zijin’s reply (after Kibeya’s previous reply) it just reminds of their lies and attempts to cover up their corruption.

I don’t know for sure, but it seems Nigel is going via the legal and moral channels of using DLA Piper, taking their advice, being open to resolving our ownership rights through constructive discussion with the DRC government and letting the ICC and ICSID findings answer the questions posed by the BHRC and others.

As I said before, shareholders don’t have to abide by those limits, aside from the ICC and ICSID, we are the only ones actually putting the truth out there and calling out the corruption, and fortunately we’re not going to stop until we get paid out.

The more we post on their corruption, the more lies they have to tell to try and cover it up, and the more evidence the ICC and ICSID have on them.

The only thing I would add to your comment about predication, is that our comments should be followed up with this

 

[SilentOne]

An interesting perspective - full article https://x.com/Mark4XX/status/2017014896748122573?s=20

 

[Sangster]

An interesting perspective - full article https://x.com/Mark4XX/status/2017014896748122573?s=20


View attachment 94671

That's a key part of Japan's entry into WW2. I don't recall much of what I learned on the subject but I think their coal supply was being restricted. Could well be something to that X post.

 

[Panther22]

That's a key part of Japan's entry into WW2. I don't recall much of what I learned on the subject but I think their coal supply was being restricted. Could well be something

From memory of history class Australia cut supply of iron ore to Japan as they were using it to build war ships and the like and they were increasingly seen as a threat.

 

[Sangster]

From memory of history class Australia cut supply of iron ore to Japan as they were using it to build war ships and the like and they were increasingly seen as a threat.

Your recollection of the subject is better than mine. Professor Google mentions US sanctions particularly affecting oil, iron, and rubber supplies, all critical to their war effort against China.

Now we have US supply lines for minerals critical to the manufacture of tech components required to produce modern weapons. Sounds like history echoing.

We should probably hope the US can secure their critical minerals supply. Maybe our next T-shirt run ought to be "Vote yes on Greenland".