AVZ Discussion 2022

cruiser51

Top 20
Hey “Mustard“ or “Flat white” or who ever you are, you smart ass prick.
I am not a “Troll” you dickhead!
I have a few million shares in this since early 2018, asswipe. How many do you have - a few hundred?
I am sick of all the up ramping year in, year out, month in, month out, week in, week out, day in, day out.

I am sick of the word “imminent“ wrt ML since 2019/20/21/22 ….

The last ann just confirmed ICC is just about to start after 4 months since the initial advice (plus the various attacks to AVZ and goings on which were not divulged IMO in a timely manner via official announcements)! So it has at LEAST 3-6 more months to play out. It is not dead and buried as the Twitter / TSE cheer squad have been saying for months. Z is not dead and buried as has been said, no proof yet. DRC so far have not stepped up to defend or endorse AVZ. There is no ML, no commencement of mine construction, no FID etc etc. We are at least 12-24 months behind schedule now and the window is closing, confidence in DRC has/ is waning badly.

The AVZ bod never ever meet their published timeline, never! They are up against China and DRC, but they haven’t read the situation well. We are where we are, very slowly moving forward, then back, then forward (like a pendulum).

Most news is speculation via Twitter/ TSE. It won’t be going anywhere until official ASX (positive or negative) announcements are released.

I need AVZ to succeed, it is my retirement fun, you imbecile.

I am merely pointing out this “shitshow” has many months to run yet …

We are very unlikely to come out of suspension on 15/09/22.

That is my opinion and I am allowed to offer it without fuck heads like you calling me a “troll” FFS 🤦‍♂️

Grow up halfwit. On ignore you go! 🥱
Funny, Dijon tells you he puts you on ignore and calls you a troll, 2 days later you tell Dijon you put him on ignore and call him an F head.

 
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Deleted member 2428

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Funny, Dijon tells you he puts you on ignore and calls you a troll, 2 days later you tell Dijon you put him on ignore and call him an F head.


Nothing funny about it. I am not a troll, but he is a FW🤦‍♂️.
 

cruiser51

Top 20
News

Minutes of the sixty-eighth meeting of the Council of Ministers​

picture news

Friday 09 September 2022
His Excellency the President of the Republic, Head of State, FélixAntoine TSHISEKEDI TSHILOMBO, chaired by videoconference, the sixty-eighth meeting of the Council of Ministers of the Government of the Republic, this Friday, September 09, 2022. Five (5) points constituted the framework of the agenda, namely:
I. Communication from His Excellency the President of the Republic, Head of State;
II. Information points;
III. Approval of a statement of the decisions of the Council of Ministers;
IV. Examination and adoption of files;
V. Examination and adoption of the texts.
I. COMMUNICATION FROM THE PRESIDENT OF THE REPUBLIC, HEAD OF STATE
The President of the Republic, Head of State articulated his communication around three (3) points below:
1. Our country's participation in the Rotterdam Climate Change Adaptation Summit
The President of the Republic took stock of his participation in the Summit on adaptation to climate change held in Rotterdam from 5 to 6 September. He recalled, during his various speeches, the crucial role played by the Democratic Republic of Congo in climate protection. The President of the Republic also made a plea on the need for polluting countries to respect their commitments to enable African countries to be more resilient in the face of the consequences of climate change.
With the Prime Minister of the Netherlands, he specifically mentioned the need for technology transfer in the field of climate-resilient agriculture to enable African countries to produce and meet the urgent needs of their populations. Faced with the urgent need to act to protect our populations from the climate threat, the President of the Republic has called for an in-depth evaluation of our policies and commitments as well as the efficiency and effectiveness of their implementation. He invited the Government to expedite, immediately, an evaluation of all government resolutions in the sectors impacted by the climate problem. Otherwise, the President of the Republic welcomed the efforts undertaken for an increased participation of our country in the global climate agenda as evidenced by the organization of the meeting of scientists in Yangambi and the organization of the pre-COP 27 here in Kinshasa. The government teams have been tasked with better preparing the offer in terms of climate solutions, thus reflecting our desire to be a solution country with concrete projects; to mobilize and strengthen win-win partnerships during the next COP to be held in Egypt. thus reflecting our desire to be a solution country equipped with concrete projects; to mobilize and strengthen win-win partnerships during the next COP to be held in Egypt. thus reflecting our desire to be a solution country equipped with concrete projects; to mobilize and strengthen win-win partnerships during the next COP to be held in Egypt.
2. Disruption of the internal market for petroleum products
Faced with the disruption of the supply of fuel, particularly in Kinshasa, as a result of the Russian-Ukrainian conflict on the world market, the President of the Republic instructed the Government to carry out new actions in order to reduce the pressure on public finances and on business revenues, while ensuring fuel availability to consumers at the pump. These actions consist, in particular, in: - strengthening the leading role of the National Petroleum Company in the security of the country's supplies; - return the Société Congolaise des Industries de Raffinage (SOCIR) to its primary function of refining heavy and light crude oil; - clean without complacency, the price structure, and this, as soon as possible;
The President of the Republic recalled that the Strategic Stock should be replenished in kind and guarantee a supply of the national market for sixty days, during a period of crisis such as this. The Prime Minister has been instructed to ensure that all measures and actions are taken to resolve this situation of fuel rationing at the pump before the next Council of Ministers.
3. Operationalization of the Universal Service Fund
Framework Law No. 013-2002 of October 16, 2002 on telecommunications in the Democratic Republic of Congo as amended and promulgated in 2020 establishes the "Universal Service Fund", which is funded up to 3% of the gross revenues generated by the telecommunications operators. The President of the Republic recalled that the objective pursued by this device is to offer the majority of the Congolese population access to mobile telephony thanks to the multifaceted actions to be carried out by an organization which would benefit from these means to to do. The non-implementation of this system thus prevents any effective management of the funds collected according to the procedures provided for by the aforementioned law. This is how the Prime Minister was encouraged to effectively activate the process of materializing this Fund within a reasonable timeframe, taking into account the current configuration of the digital ecosystem. This will have the advantage of optimizing the mobilization of the means necessary for the financing of the infrastructures intended to promote access for all citizens to information and communication technologies, under financially affordable conditions wherever they are on the National territory.
read more
 
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cruiser51

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Deleted member 2428

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OMG, Old mate in denial as per usual. Keep them Rose coloured glasses on full on spectrum 👨‍🦯
 

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Frank

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Felix Tshisekedi expected today in Kananga to launch three major road projects

View attachment 16336


The President of the Republic, Félix Tshisekedi, is expected Saturday, September 10, in Kananga, capital of the province of Kasai Central, to give the official go of three major road infrastructure projects.


Kananga is feverishly awaiting President Félix Tshisekedi who is launching the modernization of road infrastructure @Photo Third rights

The first project is the construction of the Kananga-Kalamba-mbuji road, a Congolese town on the border with Angola.

230 km long, this road is of particular importance because it is the gateway from Kasai to the Angolan port of Lobito.

*To remind, re:- AVZ DFS where,

The Company has finalised and priced two preferred routes which service the east and west coast of Africa for ports of export at Lobito in Angola and Dar es Salaam in Tanzania, in that order of preference.

The works for this modern road were won by TOA investments, an Israeli company specializing in the sector. :unsure:

The second project, which has already been operational for several months, is the Kananga road (from the airport) to Kamwesha on the N°1 national road towards Tshikapa.

150 km long, this road to be paved will link Kananga to Kinshasa via Tshikapa.

The Egyptian Arab Contractor is very advanced with the work of stabilizing the ground and the erection of slides, the largest of which at the entrance to the city. :unsure:

Two teams are working hard, one in Kamwesha and the other in Kananga.

As part of this contract, a new bridge is to be built over the Lulua River.

It is at the Arab Contractor logistics base, at the entrance to the city, that the grand ceremony of this triple event will take place.

The Safrimex company, which won the contract, must modernize an urban network of 50 km through the city of Kananga.

*Btw, fyi,

SAFRIMEX is a construction and engineering company.

Its activities contribute significantly to the reconstruction program of the Democratic Republic of Congo.

OUR VALUES

Job creation, compliance, efficiency and credibility are our values..

GOALS

• Joining the Democratic Republic of Congo in the great challenge of reconstruction;

• Making available adequate infrastructure for development of the country

• Making available qualified personnel for all construction work;

• Participating in the architectural modernization of the Democratic Republic of Congo.

www.developmentaid.org/organizations/view/349114/safrimex


The launch of this work is a major event for the Grand Kasaï area, which has hitherto been landlocked.

The population is very patient to welcome the President of the Republic, Félix Tshisekedi, for the second time since his accession to the supreme magistracy.


*So, Felix / DRC are using an Israeli - Arab and Local contractors and Not Chinese, interesting :unsure:

Chinese too busy trying to steal Minerals and Mines atm i'm guessing :rolleyes:

View attachment 16337

Food for thought on the Road to Mining Manono :unsure:

Cheers

Frank :cool:

Félix Tshisekedi launches construction work on the Kananga - Kalamba-Mbuji road

1662898458404.png


The President of the Democratic Republic of Congo, Félix-Antoine Tshisekedi Tshilombo, launched the rehabilitation and construction works of the Kananga-Kalamba-Mbuji road, a Congolese town on the border with Angola.

The related ceremony took place in the village of Bena Mande, commune of Kananga, capital of Kasaï-Central.

The work on this 230 km long road will be carried out by the Egyptian company “TOA Investissement”, with financing from the Congolese Public Treasury.

This road is of particular importance, the gateway from Kasai to the Angolan port of Lobito.

It is via this dirt road, currently in a state of disrepair, that basic foodstuffs from Angola enter the Grand Kasaï area.

In his speech, the governor of Kasaï-Central, John Kabeya Shikayi, invited the population of greater Kasaï to take ownership of this work while being a sentinel.

Critical need for basic infrastructure

1662898500170.png


For his part, the National Minister of Infrastructure and Public Works and Reconstruction (ITPR), Alexis Gisaro, in his technical presentation, indicated that apart from this road which will initially be rehabilitated, a new 150m bridge will be built on the Lulua river, 11 km from Kananga on the RN1 and two ferries on the Lueta and Kasaï rivers.

For Minister Alexis Gisaro, during this first phase of rehabilitation, there will be earthworks, hydraulic works and the construction of two modern toll booths.

He said that the asphalting phase will take place after 24 months.

For this second phase, he continues, the feasibility studies have been launched by the African Development Bank, AfDB.

After the stage of Bena Mande, the President of the Republic headed for the town of Nganza, where he launched the modernization works of the urban road network in the city of Kananga.

The Safrimex company which won the contract must modernize a 50 km urban network through the city of Kananga.

It should be remembered that it was in the Grand Kasaï space that the Head of State made his last tour in the deep Congo, where he traveled through all the provinces that make up this space.

The need for basic infrastructure, especially roads, was more than glaring, because this part of the country is landlocked inside as with other parts of the country.

DR Congo joins forces with Central African countries to create an energy hub

In order to make energy available and more accessible in the region, several Central African countries, including DR Congo, have decided to join forces through common buildings for the supply of oil and gas, reports the Reuters news agency.

According to the report, Central African countries including Equatorial Guinea, Cameroon, Gabon, Chad, Angola, Democratic Republic of Congo (DR Congo) and Congo-Brazzaville, have signed an agreement to stimulate the region's energy supply through the construction of a network of oil and gas pipelines.

Reuters also reports that there will be three gas pipelines measuring approximately 6,500 km.


Most of the countries that signed up have oil reserves but lack sufficient refining capacity and have struggled with energy supplies after the outbreak of war in Ukraine.

The plan will also include at least three gas-fired refineries and power plants linking 11 countries.

www.mediacongo

Africa-jigsaw-puzzle.jpg
 
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Winenut

Go AVZ!
Félix Tshisekedi launches construction work on the Kananga - Kalamba-Mbuji road

View attachment 16400

The President of the Democratic Republic of Congo, Félix-Antoine Tshisekedi Tshilombo, launched the rehabilitation and construction works of the Kananga-Kalamba-Mbuji road, a Congolese town on the border with Angola.

The related ceremony took place in the village of Bena Mande, commune of Kananga, capital of Kasaï-Central.

The work on this 230 km long road will be carried out by the Egyptian company “TOA Investissement”, with financing from the Congolese Public Treasury.

This road is of particular importance, the gateway from Kasai to the Angolan port of Lobito.

It is via this dirt road, currently in a state of disrepair, that basic foodstuffs from Angola enter the Grand Kasaï area.

In his speech, the governor of Kasaï-Central, John Kabeya Shikayi, invited the population of greater Kasaï to take ownership of this work while being a sentinel.

Critical need for basic infrastructure

View attachment 16401

For his part, the National Minister of Infrastructure and Public Works and Reconstruction (ITPR), Alexis Gisaro, in his technical presentation, indicated that apart from this road which will initially be rehabilitated, a new 150m bridge will be built on the Lulua river, 11 km from Kananga on the RN1 and two ferries on the Lueta and Kasaï rivers.

For Minister Alexis Gisaro, during this first phase of rehabilitation, there will be earthworks, hydraulic works and the construction of two modern toll booths.

He said that the asphalting phase will take place after 24 months.

For this second phase, he continues, the feasibility studies have been launched by the African Development Bank, AfDB.

After the stage of Bena Mande, the President of the Republic headed for the town of Nganza, where he launched the modernization works of the urban road network in the city of Kananga.

The Safrimex company which won the contract must modernize a 50 km urban network through the city of Kananga.

It should be remembered that it was in the Grand Kasaï space that the Head of State made his last tour in the deep Congo, where he traveled through all the provinces that make up this space.

The need for basic infrastructure, especially roads, was more than glaring, because this part of the country is landlocked inside as with other parts of the country.

DR Congo joins forces with Central African countries to create an energy hub

In order to make energy available and more accessible in the region, several Central African countries, including DR Congo, have decided to join forces through common buildings for the supply of oil and gas, reports the Reuters news agency.

According to the report, Central African countries including Equatorial Guinea, Cameroon, Gabon, Chad, Angola, Democratic Republic of Congo (DR Congo) and Congo-Brazzaville, have signed an agreement to stimulate the region's energy supply through the construction of a network of oil and gas pipelines.

Reuters also reports that there will be three gas pipelines measuring approximately 6,500 km.


Most of the countries that signed up have oil reserves but lack sufficient refining capacity and have struggled with energy supplies after the outbreak of war in Ukraine.

The plan will also include at least three gas-fired refineries and power plants linking 11 countries.

www.mediacongo

View attachment 16407
How about launching a major mining project! ;):cool:
 
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Winenut

Go AVZ!
Looking forward to the new trading week and hopefully further announcements and clarification of the path forward to mining at Manono

Have a good one all

Cheers
Nut :cool:
 
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Bin59

Regular
There seems to have been a change where “X” is … can someone else check/confirm please?

3 September … purple square is there

1662901707087.jpeg


Today ….

1662901740922.jpeg
 
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Frank

Top 20
How about launching a major mining project! ;):cool:
How about using that Roller to Flatten a few F---wits holding up the Project as well Wino (y)

1662902251128.png


Kabila, Cong and Co for starters (y)

Food for thought :unsure:

Frank 🤞
 
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Fantastic update by management on Friday. They have definitely shut me up in regards to the time since their last communication to shareholders about certain matters.

After allowing the weekend for the announcement to sink in, as well as reading the opinions of others here and elsewhere, my thoughts on the issues facing AVZ are as follows.

Zijin Arbitration

Just because Zijin have withdrawn their dodgy initial claim doesn't mean they have given up on bidding for the 15%. I think they are using the time that it will take for the ICC to go through the case management stage and possibly proceed further as an opportunity to try and figure out how to still get something out of the situation. They are dreaming imo.

20220911_082613.jpg

received_1252392835575738.jpeg

received_778327553321581.jpeg


The tweets deleted by Christian Lukusa (screenshots below) were in relation to the offer made by AVZ to Cominiere. It is interesting that his tweet about Zijin being out of Dathcom is still up but everything about AVZ's proposal was removed. Perhaps this was more than the market was supposed to know at this point hint hint.

received_591480925954617.jpeg

received_1080084462612039.jpeg


Boatman

The announcement was a massive warning to Boatman. Basically a cease and desist mixed in with notice that legal action is being considered for their actions earlier this year. The length and detail of the rebuttal of Boatman's claims is also directed at the wider market to set the record straight ahead of suspension ending. A great move by management imo.

Media and Social Media Commentary

I think this is about the constant regurgitation of Boatman's false claims by their hoodrats on Twitter and the forums. Also directed to established journalists at the AFR and other major outlets that decided to parrot Boatman's narratives without allowing AVZ a right of reply before publishing.

I personally hope it's not also about people whinging that management weren't putting out updates or someone getting translations of interviews wrong 🤣

Mining Licence

No update about the license was given but I'm sure if management had something they could say about it in this announcement they would have. In general I feel like we are close to getting it based off the changing of our application status on CAMI's website, media reports out of the DRC and what others are saying in this forum. However I am wary that we have been a few weeks away from the imminent grant of the license for around a year now.

Suspension

Everything about the announcement points to a resumption of trading soon imo. There was really no reason for management to cover that much detail about things that were claimed 4 months ago if we are just going to stay in suspension for another few months. This type of information is best used fresh in peoples minds when we are once again engaged in the battle between bids and asks.

À vaincre sans péril, on triomphe sans gloire
 
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wombat74

Top 20
Fantastic update by management on Friday. They have definitely shut me up in regards to the time since their last communication to shareholders about certain matters.

After allowing the weekend for the announcement to sink in, as well as reading the opinions of others here and elsewhere, my thoughts on the issues facing AVZ are as follows.

Zijin Arbitration

Just because Zijin have withdrawn their dodgy initial claim doesn't mean they have given up on bidding for the 15%. I think they are using the time that it will take for the ICC to go through the case management stage and possibly proceed further as an opportunity to try and figure out how to still get something out of the situation. They are dreaming imo.

View attachment 16419
View attachment 16420
View attachment 16421

The tweets deleted by Christian Lukusa (screenshots below) were in relation to the offer made by AVZ to Cominiere. It is interesting that his tweet about Zijin being out of Dathcom is still up but everything about AVZ's proposal was removed. Perhaps this was more than the market was supposed to know at this point hint hint.

View attachment 16422
View attachment 16423

Boatman

The announcement was a massive warning to Boatman. Basically a cease and desist mixed in with notice that legal action is being considered for their actions earlier this year. The length and detail of the rebuttal of Boatman's claims is also directed at the wider market to set the record straight ahead of suspension ending. A great move by management imo.

Media and Social Media Commentary

I think this is about the constant regurgitation of Boatman's false claims by their hoodrats on Twitter and the forums. Also directed to established journalists at the AFR and other major outlets that decided to parrot Boatman's narratives without allowing AVZ a right of reply before publishing.

I personally hope it's not also about people whinging that management weren't putting out updates or someone getting translations of interviews wrong 🤣

Mining Licence

No update about the license was given but I'm sure if management had something they could say about it in this announcement they would have. In general I feel like we are close to getting it based off the changing of our application status on CAMI's website, media reports out of the DRC and what others are saying in this forum. However I am wary that we have been a few weeks away from the imminent grant of the license for around a year now.

Suspension

Everything about the announcement points to a resumption of trading soon imo. There was really no reason for management to cover that much detail about things that were claimed 4 months ago if we are just going to stay in suspension for another few months. This type of information is best used fresh in peoples minds when we are once again engaged in the battle between bids and asks.

À vaincre sans péril, on triomphe sans gloire
Nice summary Carlos . At this point I'm more concerned about the Cong/Dathomir case . As we know we've never held the Cominiere 15% and as I understand it has no bearing on whether we get the ML or not . The Dathomir 15% is a trickier matter imo as it will pull us back to 60% and could then bring up issues with the Cath deal . A 3 day verdict is now 2 weeks overdue. In terms of Zijin . Personally I never thought they would quietly go away . These pricks are going to keep at it until they either get want they want or have used up all their scheming and dodgy tactics . IMO
Regards to coming out of suspension soon . Is there a possibility we could start trading again without the ML in hand ? I'm still
going with Fox and Nellie's predictions , but it's important to look at different scenarios .
 
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Bin59

Regular
There seems to have been a change where “X” is … can someone else check/confirm please?

3 September … purple square is there

View attachment 16412

Today ….

View attachment 16413
From memory the top “block” of three had been shown as Minocom? (now missing) with the two lower blocks shown as Cominiere - previously they were all solid purple blocks indicating exploration permits, now the remaining two Cominiere blocks are clear with purple borderlines indicating them as “application” for a research permit. 🤔

1662934041703.jpeg 1662934375495.jpeg

1662934942036.jpeg
 
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Bin59

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Bin59

Regular
Netoo posted another series of tweets 1-17 last night, here’s the first if you wish to follow them (until the whole lot is posted as one piece).

 
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Bin59

Regular
Netoo posted another series of tweets 1-17 last night, here’s the first if you wish to follow them (until the whole lot is posted as one piece).


Here’s the rest of his Tweets: (2-17)

Standard Lithium (USA) in Q4-22 (i think) they are now in Court defending defamation lawsuit. Boatman report had two of the same arguments (showing partial info. and providing outdated info.) as in Blue Orca report, amongst other nasty allegations

Nobody, cognitive and sane, denies the decline from $1.32 to .78 @th was from the fear of the false Dathomir and Commenier claims. Boatman instrumented and misled a large portion of retail shorters and a few institutional shorters caught off guard by the TH.

AVZ has repeatedly stated they are legal 75% owner so why the TH? Rather pay up the surface rights to CAMI and get the rubber stamp for the licence to mine. This is preempting. IMO CAMI has sent the surface rights bill to AVZ for 36 or 51% ownership.

Nigel knew this day would come ("he will deal with it when he reaches the bridge" - by stating "or else we will go to the Court to get it (ML)" during the Canter Fitzgerald fireside chat interview in Nov-21 during the first 10 min. (please watch again).

That really got my attention why would MD use such a scary word "go to Court" (to a global and US audience) a few weeks after a cornerstone CATH deal is secured! Nigel was right, the inertia within the DRC corruption cleansing mega task was holding him back.

Now the surface rights bill (a few thousand USD is to be paid on 36, 51 or 75. Whatever number is picked from these three gets "written on stone" and is legally binding & which importantly determines the major shareholder(s) of Dathcam for the next 51 years.

Nowhere for Dathcom to go as the brakes are applied by the CAMI to a screeching halt for a determination to be made that monetarily affects all shareholders (AVZ hit hardest) and hence the trading halt (incl. ASX legal requirements)...

It is okay to rush through the process in a hush hush manner for a 51% (#Zijing being out) majority ownership and get the licence, get the $240 million from CATH and rest of debt funding, release the FDI, followed by BFS (catapulted the SP) and go mining...

A professionally run entity that has a monster-beast in resource (quantity, quality, purity, at surface) & for a mineral (lithium) whose super-cycle began in early 2020 catapulted by the thematic macro backdrop, never rushes into ownership establishment. ...

It takes as much time and money as reasonably needed to address the root cause(s) so it never has the "soil and water" to reemerge in such predicament. This is what $AVZ $AZZVF ticker is going through and BoD wants it just this way.

... if Boatman and other serious Instos. shorters get third-degree life threatening burns (instead of first and second) from this TH fire, then so be it.

...AVZ will take all the necessary time to resolve each and every (even if a minor admin. or proactive legal concern) issue, nailing the coffin of corruption with #DRC's full support, one nail at a time, until the last one has been hammered deep.

And if this takes 2 months or 6 or 12 or 15 (but < 24) - it does NOT (and should not) matter. What is important here is to set the precedent (for the first time in the "new" DRC) that foreign orgs. are now welcome with their knowledge, experience & money.

... darling community, do not worry unnecessarily, we are NOT losing time. The project is accelerating the day lithium super cycle began to this day, when man-camp is getting built, crane machinery is getting on-site, engineering tenders are preworked out...

... roads and bridges getting repaired, and important studies (ESG, Collab., power plant, SEZ, etc.) and expansion scenarios (Li2H, PLS) are getting completed (early $79M cap. raise) to be legally released after ML. So, yes no one is losing time, sit tight.

Caution: These 17 messages are my own interpretation of facts subjected to various perceptions from professional experience. This is not financial advice on $AVZ or $AZZVF or to defame Blue Orca and Boatman, other than use of public info sources.

(End of the 17 tweets)
 
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cruiser51

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Here’s the rest of his Tweets: (2-17)

Standard Lithium (USA) in Q4-22 (i think) they are now in Court defending defamation lawsuit. Boatman report had two of the same arguments (showing partial info. and providing outdated info.) as in Blue Orca report, amongst other nasty allegations

Nobody, cognitive and sane, denies the decline from $1.32 to .78 @th was from the fear of the false Dathomir and Commenier claims. Boatman instrumented and misled a large portion of retail shorters and a few institutional shorters caught off guard by the TH.

AVZ has repeatedly stated they are legal 75% owner so why the TH? Rather pay up the surface rights to CAMI and get the rubber stamp for the licence to mine. This is preempting. IMO CAMI has sent the surface rights bill to AVZ for 36 or 51% ownership.

Nigel knew this day would come ("he will deal with it when he reaches the bridge" - by stating "or else we will go to the Court to get it (ML)" during the Canter Fitzgerald fireside chat interview in Nov-21 during the first 10 min. (please watch again).

That really got my attention why would MD use such a scary word "go to Court" (to a global and US audience) a few weeks after a cornerstone CATH deal is secured! Nigel was right, the inertia within the DRC corruption cleansing mega task was holding him back.

Now the surface rights bill (a few thousand USD is to be paid on 36, 51 or 75. Whatever number is picked from these three gets "written on stone" and is legally binding & which importantly determines the major shareholder(s) of Dathcam for the next 51 years.

Nowhere for Dathcom to go as the brakes are applied by the CAMI to a screeching halt for a determination to be made that monetarily affects all shareholders (AVZ hit hardest) and hence the trading halt (incl. ASX legal requirements)...

It is okay to rush through the process in a hush hush manner for a 51% (#Zijing being out) majority ownership and get the licence, get the $240 million from CATH and rest of debt funding, release the FDI, followed by BFS (catapulted the SP) and go mining...

A professionally run entity that has a monster-beast in resource (quantity, quality, purity, at surface) & for a mineral (lithium) whose super-cycle began in early 2020 catapulted by the thematic macro backdrop, never rushes into ownership establishment. ...

It takes as much time and money as reasonably needed to address the root cause(s) so it never has the "soil and water" to reemerge in such predicament. This is what $AVZ $AZZVF ticker is going through and BoD wants it just this way.

... if Boatman and other serious Instos. shorters get third-degree life threatening burns (instead of first and second) from this TH fire, then so be it.

...AVZ will take all the necessary time to resolve each and every (even if a minor admin. or proactive legal concern) issue, nailing the coffin of corruption with #DRC's full support, one nail at a time, until the last one has been hammered deep.

And if this takes 2 months or 6 or 12 or 15 (but < 24) - it does NOT (and should not) matter. What is important here is to set the precedent (for the first time in the "new" DRC) that foreign orgs. are now welcome with their knowledge, experience & money.

... darling community, do not worry unnecessarily, we are NOT losing time. The project is accelerating the day lithium super cycle began to this day, when man-camp is getting built, crane machinery is getting on-site, engineering tenders are preworked out...

... roads and bridges getting repaired, and important studies (ESG, Collab., power plant, SEZ, etc.) and expansion scenarios (Li2H, PLS) are getting completed (early $79M cap. raise) to be legally released after ML. So, yes no one is losing time, sit tight.

Caution: These 17 messages are my own interpretation of facts subjected to various perceptions from professional experience. This is not financial advice on $AVZ or $AZZVF or to defame Blue Orca and Boatman, other than use of public info sources.

(End of the 17 tweets)
The surface rights have to be paid over 100% of an exploration permit to be able to commence mining.
The ML over exploration license 13359 has been handed, by ministerial decree, to Dathcom.

Dathcom, being the 100% holder of Exploration License 13359, has to pay 100% of the surface rights.

The talk of 36, 39, 49, 51, 60, 66, 75, 90, 100 (yes pluck a fucking duck), is about ownership of Dathcom and not who pays what to CAMI.
Dathcom is the ONLY institution which pays CAMI surface rights of 100% over Exploration License/Mining License 13359, so it can commence mining.

All IMO of course.
 
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Tursty

Member
Do we actually have any idea why the ML is being delayed? None of the ASX announcements seem to call out what the issue is correct?

All the ownership debates seem to be addressed as a separate issue in the annons and there only seems to be theories around how they might link to the ML hold up.

Has there been anything solid (either in an ASX annon or from Momentum) that I have missed that indicate what the cause of the delay/hold on the surface rights/ML are? Or is it really all just speculation?
 

cruiser51

Top 20
Do we actually have any idea why the ML is being delayed? None of the ASX announcements seem to call out what the issue is correct?

All the ownership debates seem to be addressed as a separate issue in the annons and there only seems to be theories around how they might link to the ML hold up.

Has there been anything solid (either in an ASX annon or from Momentum) that I have missed that indicate what the cause of the delay/hold on the surface rights/ML are? Or is it really all just speculation?
Read the last AVZ ASX announcement from Friday.
Oops sorry.
 
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The Fox

Regular
Good timing and follow up by the US.

 
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