AVZ Discussion 2022
- Thread starter GazDix
- Start date
Sammy_da_Smile
Regular
OMG the next two weeks are just going to be posts about pineapples aren't they 
Winenut
GO AVZ!!!!
CeckRaiseFold
Regular
Yes, surface rights or ML or PR/PE has not had much discussion, but is IMO the main thing dragging out this suspension. It's most likely now all issues are interrelated.
In the absence of any information whatsoever from the company, which as frustrating it is for us LTH, it is IMO the right way to go about this when things are in the courts
So what have we learned or what can we piece together from the various posts and opinions:
After Ministerial decree to issue the ML things went off the rails. This is in my view most plausible scenario:
1) Decree issued
2) CAMI puts forward a clipped tenement for the PE with rest (most of CDL) issued under a new PR to be awarded to a new JV for which negotiations are to be held in future. This was IMO an attempt by Tantalex and/or others to get a foot in the door of the new PR over most of CDL. Also rights to the tailings and tin might have been messed with. This was naturally resisted by Dathcom (AVZ) and challenged. What the process for that challenge and resolution is I do not know and we have not heard or read much if anything about this other then some changes on the CAMI website.
3) In parallel there are the simultaneous Dathcom ownership attacks by Zijin and Dathomir. It is possible that in an attempt to delay and procrastinate issuing the ML to Dathcom, CAMI have seized on this ownership dispute and put the issue of ML on hold until Dathcom ownership issues are resolved.
3a) Zijin: cominiere being a government institution was audited by IGF and we all know about the IGF report. It appears although not officially confirmed, Zijin have back away from their 15% Datchom shares purchase claim and are now good corporate citizens 'giving' the shares back and not wanting a refund of the 'down-payment'.
3b) Dathomir is a private company and now that Datrhomir realises the value of this Li deposit has been rising they are fighting for more money for their old 5% + 10% sale of Dathcom to AVZ . As crazy and audacious as this sounds it will be decided by court (ruled on on the 31st Aug?).
So with 3a and 3b now most likely put to bed all focus should return to item 2. The 2 week extensions make me think that finalising the PR/PE issue is not to be resolved through a long court case, but how Dathcom gets its rightful ML over all of RD and CDL I do not know. It can well be that some give and take is required to get the ML over CD and part of CDL issued so we can move on whilst still being in a new PR for the northern part.
Looking forward to hear other people's views.
PS: put your pineapples in an off-topic thread like was suggested to us bike picture brigade
It wouldn't surprise me if the Chinese have another tactic up their sleeve . Zijin has been very silent . I doubt they have left the building . Even that German prick was hiding in the shadows years after he sold out .Yes, surface rights or ML or PR/PE has not had much discussion, but is IMO the main thing dragging out this suspension. It's most likely now all issues are interrelated.
In the absence of any information whatsoever from the company, which as frustrating it is for us LTH, it is IMO the right way to go about this when things are in the courts
So what have we learned or what can we piece together from the various posts and opinions:
After Ministerial decree to issue the ML things went off the rails. This is in my view most plausible scenario:
1) Decree issued
2) CAMI puts forward a clipped tenement for the PE with rest (most of CDL) issued under a new PR to be awarded to a new JV for which negotiations are to be held in future. This was IMO an attempt by Tantalex and/or others to get a foot in the door of the new PR over most of CDL. Also rights to the tailings and tin might have been messed with. This was naturally resisted by Dathcom (AVZ) and challenged. What the process for that challenge and resolution is I do not know and we have not heard or read much if anything about this other then some changes on the CAMI website.
3) In parallel there are the simultaneous Dathcom ownership attacks by Zijin and Dathomir. It is possible that in an attempt to delay and procrastinate issuing the ML to Dathcom, CAMI have seized on this ownership dispute and put the issue of ML on hold until Dathcom ownership issues are resolved.
3a) Zijin: cominiere being a government institution was audited by IGF and we all know about the IGF report. It appears although not officially confirmed, Zijin have back away from their 15% Datchom shares purchase claim and are now good corporate citizens 'giving' the shares back and not wanting a refund of the 'down-payment'.
3b) Dathomir is a private company and now that Datrhomir realises the value of this Li deposit has been rising they are fighting for more money for their old 5% + 10% sale of Dathcom to AVZ . As crazy and audacious as this sounds it will be decided by court (ruled on on the 31st Aug?).
So with 3a and 3b now most likely put to bed all focus should return to item 2. The 2 week extensions make me think that finalising the PR/PE issue is not to be resolved through a long court case, but how Dathcom gets its rightful ML over all of RD and CDL I do not know. It can well be that some give and take is required to get the ML over CD and part of CDL issued so we can move on whilst still being in a new PR for the northern part.
Looking forward to hear other people's views.
PS: put your pineapples in an off-topic thread like was suggested to us bike picture brigade
When you think about all the issues that have come to fruition, the silver lining is that no-one would have wanted to pursue these frivolous claims, if there wasn't anything of value in Manono.
I'll leave this little quote here;
― Theodore Roosevelt
I'll leave this little quote here;
“Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty… I have never in my life envied a human being who led an easy life. I have envied a great many people who led difficult lives and led them well.”
― Theodore Roosevelt
Samus
Top 20
Poor old count and wino still obsessed by countdown and its 2022.I Ran
A Flock of Seagulls
I deserve to be judged for knowing that one
Bring back the 90's
C
ChrisU
Guest
Considering original judgment (Lubumbashi Dathomir vs Dathcom (AVZI/Johnson) was January 2022, 7-8 months is a long time for an appeal to commence or has it been ongoing soon after January judgment?
There’s obviously a lot going on, but I’m not feeding paranoia saying this. there could be many reasons for timing. It’s worth remembering Dathcom minority partners would have had to conspire to get Zijin into Dathcom as seen on RCCM (company registry). This is because consensus would be needed with Dathomir to undermine AVZ’s blocking. So, what I’m saying is Cong is in trouble. He can’t have this overturned. Instead I suggest he pay AVZ and Johnson $50,000,000 USD to move on.
The deal with AJN and DRC “Congo Resources” is still enigmatic. The timing so suspicious
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Winenut
GO AVZ!!!!
Not obsessed with Countdown ....I'm just old enough to remember when it bloody started!
My head holds a lot of music and related videos from the late 60's, 70's, 80's, 90's and early 2000's
I get a bit loose after that
Funnily enough my kids are digging back into the indie music I listended to over that period........all of a sudden Dad's vinyl and cd collections seem really cool!!!!
Oh and go AVZ just so I don't have to post this on the off-topic thread
Winenut
GO AVZ!!!!
and by the way I'm glad you spelt "Count" correctly cause it could have read really badly if you hadn't
MoneyBags1348
Top 20
Stop lying, we know you’re obsessed with Countdown
Not obsessed with Countdown ....I'm just old enough to remember when it bloody started!
My head holds a lot of music and related videos from the late 60's, 70's, 80's, 90's and early 2000's
I get a bit loose after that
Funnily enough my kids are digging back into the indie music I listended to over that period........all of a sudden Dad's vinyl and cd collections seem really cool!!!!
Oh and go AVZ just so I don't have to post this on the off-topic thread
Samus
Top 20
In my minds eye Wino is even starting to look a bit like Molly. Hopefully he aged a bit better.
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