AVZ Discussion 2022

[JAG]

Those on Twitter will know exactly.........

 

[Thaz]

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;

“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]

I Ran

A Flock of Seagulls

I deserve to be judged for knowing that one

Poor old count and wino still obsessed by countdown and its 2022.
Bring back the 90's

 

[ChrisU]

Yes agree, lots of spin and flying shite on all channels, worn holders get gittery , quanity of posts decline as everyone is speculated out ; then like last night on twitter, some bloke tweets $50m Cominiere and the whole pace goes into meltdown and everyone fears the worse, personally I've had enough of this suspension shite; end of last week Thursday / Friday she was getting into the bag ; but as I said to the more informed individual....mate, thank fuck; but you know what we've been here before, but this time we have an actual deadline we really do need to hit and its publicly known i.e. ASX200 / Sept 1st...so I'm going to wager, that some little grubs over there are going to burn out the brakes and make sure we don't hit the 1st Sept date and at this stage, it will be just out of spite and this thing will open within a week later.

The court case started last Thursday ; later adjourned until yesterday for verdict...tight as; all of a sudden.. decision was delayed.
We've been 'nearly there'/imminent' so many times only for marbles to be dropped on the floor i.e. some one in someone's ear and then bam , those comments need to be checked out and assessed. So with this case right up in the final week prior to 1st Sept and then adjourned for verdict up until the 31st and only leaving us with a 12 hour window.....it was never going to happen on time unfortunately.

Anyway another 2 week extension ...... I cant see it taking that long and I reckon it will be farking annoying how little time it actually takes to come out once Sept 1st has past

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

 

[Winenut]

Poor old count and wino still obsessed by countdown and its 2022.
Bring back the 90's
View attachment 15644

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]

Poor old count and wino still obsessed by countdown and its 2022.
Bring back the 90's
View attachment 15644

and by the way I'm glad you spelt "Count" correctly cause it could have read really badly if you hadn't

 

[Winenut]

Did anyone tell you I'm a fkn whiz at Spicks and Specks?....

 

[MoneyBags1348]

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

Stop lying, we know you’re obsessed with Countdown

 

[Samus]

Stop lying, we know you’re obsessed with Countdown

In my minds eye Wino is even starting to look a bit like Molly. Hopefully he aged a bit better.

 

[JAG]

 

[JAG]

Who's your Daddy

 

[CeckRaiseFold]

View attachment 15648

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

 

[9cardomaha]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

Well...

too lazy to make my own meme but surely 'for the' is better than 'to get the'.

 

[CHB]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

I didn't quite understand that. It wasn't losing a deposit cause that seems quite a bit?? Or would it be

 

[Rediah]

Well… j/k

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

 

[JAG]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

Unfortunately not everyone has the information to invest wisely, maybe sucked in by the hype.
Probably a hell of lot more in the same situation so a little bit of compassion wouldn't go a stray.
Not everyone is a stock market guru.

 

[JAG]

 

[Samus]

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

Holy christ that's heavy man! I think I'd rather talk about pineapples.

 

[Dazmac66]

I didn't quite understand that. It wasn't losing a deposit cause that seems quite a bit?? Or would it be

5% deposit $350k = 7 mill pad! Poor Shelly must be struggling.

 

[Sammy_da_Smile]

Pretty dumb to invest in high risk- high reward shares with money you cannot afford to lose or worse money you need to keep a roof above your head

You only lose if you sell