Samus
Top 20
I'm sick of drowning in bullshit, about time someone threw us a lifeline surely.Thanks for sharing that info Sam. From memory Katanga mining is Zigin so definitely more bullshit from them and the other corrupter’s

I'm sick of drowning in bullshit, about time someone threw us a lifeline surely.Thanks for sharing that info Sam. From memory Katanga mining is Zigin so definitely more bullshit from them and the other corrupter’s
Other than this article can't find any news regarding Mpiana Mwanga hydro over the past month.Hmmhere we go again.
DRC - Manono lithium mine: AVZ had falsely claimed to have an agreement with the government on the rehabilitation of the Mpiana Mwanga hydro power plant (tribune)
![]()
For its credibility on the financial markets in particular, a company should not indulge in untruths. Yet Australia's AVZ Minerals did the opposite and were once again confounded for misleading claims.
For example, the tender for the rehabilitation of the Mpiana Mwanga hydroelectric power station in Manono, which will supply the energy needed for the Manono lithium mine, was recently won by Katamba Mining. While AVZ claimed to have an agreement with the state. Which would give him ownership of this strategic energy infrastructure to develop the mine. It is on this false basis that AVZ intended to raise funding for the rehabilitation of this plant.
But with the awarding of the market for the rehabilitation of this plant to Katamba Mining, all of AVZ's disinformation has been exposed, to the chagrin of shareholders.
Indeed, in its capacity as a state-owned company, COMINIERE is the sole owner of the Mpiana Mwanga hydroelectric power station. Yet outside, and in particular on the ASX (Australian stock exchange), AVZ misled the DRC, by making the Australian stock exchange and shareholders believe that it had actively signed an agreement (PPP) with the Congolese government and that she has the right to exploit it. It is not so !
C/P Kambale Kakule Christian
![]()
RDC - Mine de lithium de Manono : AVZ avait prétendu faussement avoir un accord avec le gouvernement sur la réhabilitation de la centrale hydro de Mpiana Mwanga (tribune)
Pour sa crédibilité sur les marchés financiers notamment, une entreprise ne devrait pas se livrer à des contre-vérités. Et pourtant, l’australien AVZ Minerals a fait le contraire et à été une fois de plus confondu pour des déclarations mensongères.7sur7.cd
Other than this article can't find any news regarding Mpiana Mwanga hydro over the past month.![]()
Haha yes Katamba mining = Zijin.
Cominiere have always said that we weren't allowed to sign that rehabilitation PPP with the Ministry of Energy as the faciliity wasn't theirs to give - as Cominiere owns it. Whether there's any grounding to that is almost immaterial at this point, as they are taking the position that its fact - and unravelling that will likely not be simple or quick without a seeningly unlikely intercession from on high
Totally unsurprisingly that they've 'given' it to Zijin, who also unsurprisingly, are not withdrawing their efforts re: Manono. Shock horror. They will probably use this wedge to leverage us into accepting their involvement in the project. Without that power, the project is a no-go.
Tackling this legally could put another massive roadblock in the way of the project. They're smart operators, Zijin. Especially with Cominiere and CAMI in their pocket.
It may be an unpopular opinion, however I'm slowly converging towards the stance that we should just accept a 15% Zijin involvement, and pay Dathomir the extra chunk they wanted for their 15%.
It would massively stick in my craw and cause blood to boil, but I just don't see how else we can maneuver through the rapids these guys are putting in our way in a concerted campaign. It could take years to sort through all the shit, and we are pushing back the likely production date already IMO into 2025 - even if we win in the campaign (which isn't certain)
Tims got a lot of explaining to do lately!Perhaps we already have that planned? - CATH to 9%, leaves 15% unaccounted for according to comments from Perth RS
I'm fucked if I know, waiting for Tim to tell us all
Sorry for typing out loud
Cominiere made statements many months ago that they are the true owners going back to an agreement in 2008 from memory when they were firing pot shots at AVZ. This is a little more aggressive and will significantly impact BFS if true. Let’s hope it’s bullshit.Other than this article can't find any news regarding Mpiana Mwanga hydro over the past month.
BTW fuck of Lars! Always plastering the info here all over Twitter whenever it suits your demented narrative.
It’s because it’s bullshit mate. They are getting desperate
I think it’s the exact same article they put out there a few months back
Agree . Looks like total BS . Another one for Nigel on Monday night . You gotta laugh . Since the Road Show started we have supposedly lost CDL and the Power Station . Timing a coincidence ? What more BS can we expect between now and the AGM . What I do expect is the ML for Roche Dure .It’s because it’s bullshit mate. They are getting desperate
I think it’s the exact same article they put out there a few months back
Give those burggers a 30% inch and they'll take it all.Haha yes Katamba mining = Zijin.
Cominiere have always said that we weren't allowed to sign that rehabilitation PPP with the Ministry of Energy as the faciliity wasn't theirs to give - as Cominiere owns it. Whether there's any grounding to that is almost immaterial at this point, as they are taking the position that its fact - and unravelling that will likely not be simple or quick without a seeningly unlikely intercession from on high
Totally unsurprisingly that they've 'given' it to Zijin, who also unsurprisingly, are not withdrawing their efforts re: Manono. Shock horror. They will probably use this wedge to leverage us into accepting their involvement in the project. Without that power, the project is a no-go.
Tackling this legally could put another massive roadblock in the way of the project. They're smart operators, Zijin. Especially with Cominiere and CAMI in their pocket.
It may be an unpopular opinion, however I'm slowly converging towards the stance that we should just accept a 15% Zijin involvement, and pay Dathomir the extra chunk they wanted for their 15%.
It would massively stick in my craw and cause blood to boil, but I just don't see how else we can maneuver through the rapids these guys are putting in our way in a concerted campaign. It could take years to sort through all the shit, and we are pushing back the likely production date already IMO into 2025 - even if we win in the campaign (which isn't certain)
hmm - the words “investigate” and “feasibility” appear In that article. Something more definitive had better exist.@Sammael
This is the last I had seen
https://constructionreviewonline.co...furbish-old-mpiana-mwanga-hydropower-station/
hoping the ink dried
Batteries!There's always diesel anyway, right?
They take turns gobbling off Congs tiny wiener behind the TTX tailings pile in return for bags of snacks.Mate, I'm hoping you know a whole lot more than me. This is the first to be heard about the DAM. The old article was about the JV with COMINIERE
Has our mate been dealing behind the bike sheds yet again?
It will be a very interesting RS event in Melbourne next week.hmm - the words “investigate” and “feasibility” appear In that article. Something more definitive had better exist.
Thank you,
Found these 3 when searched for AVZ.
View attachment 17165
View attachment 17166
View attachment 17167
View attachment 17168
*Fyi, I see whereGive those burggers a 30% inch and they'll take it all.![]()