While not a shorter, I suspect that bots will be working overtime to cap any price rise, and in the process allow institutional traders to unwind their positions in a controlled way. If the bots control the day, as they often do we may not get the opening we hope for. Just say'n, and hoping nonetheless for a stellar re-opening for all us patient shareholders.
That's once all the shit is sorted and we trade. Totally agree.
Just had a look at the Cami office and it shares its address with a night club and no chimney on the building.
Sounds like a plan
This is me at work today. Getting a bit impatient for the ‘imminent’ announcement…
'Honest Shorters'
I am seriously looking forward to 2H2025 dividend of 25cents. Heard it here first
I am seriously looking forward to 2H2025 dividend of 25cents. Heard it here first
Oh, and going on every other Lithium play on HotCrapper and abusing the shit out of them all!!!!!!!!!!
(not telling the missus)
“#Tantalex/#Minocom cannot do work on the tailings (eg. drilling/exploiting) on our concession unless they hav permission w $AVZ / #Dathcom who own surface rights(the underlay) ”
Thanks for your reply and update The Fox. Let’s hope CAMI get the ML sorted and good news arrives by some time next week.Good question.
If you are interested in some research, here is a good English translation of the Mining Code.
And here is a summary of the Code in English.
Legal Guides, Business Reports and Events | ICLG
The International Comparative Legal Guides provide current and practical comparative legal information on several jurisdictions in a Q&A format.iclg.com
Having trouble finding the full articles for the 2018 amendments in English.
However this publication gives an overview / summary of the amendments at the time they came in.
A new mining code for the DRC | Insights | DLA Piper Global Law Firm
www.dlapiper.com
If you come across the words 30% of turnover as the corporate tax, this is not the case, it is 30% of profit, something lost in translation on some of the information scores. 30% of turnover would never work of course.
One of the interesting items I notices in the amendments was the tax offset/concession stability period for a new mine was reduced from 10 years to 5 years which is expected for AVZ, which is fair I guess......bugger, 10 years would have been magnificent.
Lastly, no updates from on the ground, its very quiet, the glass half full in me says something positive will happen today (DRC time) regarding CAMI and reported in due course. With Cami advising (yesterday DRC time) that white smoke expected within a few days, so maybe this extends things a short time, however with the change in attitude by Cami as reported, the last barriers to ML being issued should fall at any time. (this week would be very nice)
Cheers The Fox
I think you are dead right, and you’ve beaten me to verbalise it. About 90mill short hedge went on the day we entered the ASX200. I would expect that to be funds uncomfortable with investment in DRC, or were already aware of the shenanigans that had happened behind the scenes.
)
Appreciate the update Foxy,Good question.
If you are interested in some research, here is a good English translation of the Mining Code.
And here is a summary of the Code in English.
Legal Guides, Business Reports and Events | ICLG
The International Comparative Legal Guides provide current and practical comparative legal information on several jurisdictions in a Q&A format.
Having trouble finding the full articles for the 2018 amendments in English.
However this publication gives an overview / summary of the amendments at the time they came in.
A new mining code for the DRC | Insights | DLA Piper Global Law Firm
If you come across the words 30% of turnover as the corporate tax, this is not the case, it is 30% of profit, something lost in translation on some of the information. 30% of turnover would never work of course.
One of the interesting items I noticed in the amendments was the tax offset/concession stability period for a new mine was reduced from 10 years to 5 years which is expected for AVZ, which is fair I guess......bugger, 10 years would have been magnificent.
Lastly, no updates from on the ground, its very quiet, the glass half full in me says something positive will happen today (DRC time) regarding CAMI and reported in due course. With Cami advising (yesterday DRC time) that white smoke expected within a few days, so maybe this extends things a short time, however with the change in attitude by Cami as reported, the last barriers to ML being issued should fall at any time. (this week would be very nice)
Cheers The Fox
Sounds like you got the avziety bad too brother! Hang in there I think our news isn't as far away now
