AVZ Discussion 2022
- Thread starter GazDix
- Start date
MoneyBags1348
Top 20
Yep, I don’t have as much experience as you do but our SP matches up perfectly.
Once in production I think we could easily double that figure too. I know there are hurdles to get through, but BHP have a copper mine in the DRC (I think) and I think they would be interested in a lithium mine with a ML
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solo
Regular
Yes, I was thinking about it when checking holes locations. But anyway... how does he know that there is a higher mica up north if they didn't drill there? Would like to ask for clarifications next Monday in Brisbane but as a person with no mining background against professional geologist.. I am afraid he will drown me in terminology.
Bray
Regular
They are looking at investing in one, hasn’t gone through as of yet
Edit; from what I’ve been told is the hold up is based on a RISK factor (classic DRC)
Hence the move into potash, long term STABILITY
solo
Regular
Helios
Regular
Winenut
Go AVZ!
I thought/assumed they we chip samples or something but definitely worth asking
100% Right just do the fucking deal , sell the fucker to the highest bidder. Then invest in a lithium company with good management with no baggage or conflicts of interest. Imo that's all we can do can't piss the nige off now it would set the take over back 12 months. Just have to cop it sweat and move on or we'll lose everything. Imo
MoneyBags1348
Top 20
The CAMI website maps don’t give clear indications of the PR’s and PE’s but this website shows a whole lot of new PR’s and I think 5 new PE’s since I last looked at the website…. None showing AJN but it looks like six PR’s in total under Dathcom so they may have already divided up the 13359 tenement and the Northern Section
cominiere.cd
La Cominière SA
cominiere.cd
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If AJN gave 60% of their new formed company to the DRC Government, there can't have been much left after filling the brown paper bags.
AJN in reality is nothing more than a shelf company.
This is in their
AJN RESOURCES INC.
Management’s Discussion & Analysis For the three and nine months ended April 30, 2022 and 2021
The Company incurred a net loss of $934,478 during the nine months ended April 30, 2022 (2021 - $740,743), had working capital deficiency as at April 30, 2022 of $418,091 (July 31, 2021 - working capital of $1,512,983), and had an accumulated deficit as at April 30, 2022 of $5,156,146 (July 31, 2021 - $4,221,668).
Further, the Company has no source of operating cash flows, and there is no assurance that sufficient funding (including adequate financing) will be available to conduct required exploration and development of its mineral property projects.
These factors indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern.
The application of the going concern concept is dependent upon the Company’s ability to generate future profitable operations and receive continued financial support from its creditors and shareholders.
The interim financial statements do not give effect to any adjustments that might be required should the Company be unable to continue as a going concern and such adjustments could be material.
So.... who is going to pay for exploration of the northern section of 13359?
Dathomir, Cong, Eckhoff, Cominière, or Zijin?
AJN has just enough money to pay for Eckhof's expenses.
I mean he is not going to pay himself for his return trip Monaco - Manono via Vancouver.
They coloured the application for their new concession red, does that mean it is a red herring?
Anyhow, here is the mob which has taken over 50% of the 100% AVZ fringe exploration leases to 13359.
CEMIC...
Contact us!
CONGO ENVIRONMENT AND MINING CONSULTING, in acronym CEMIC Sarl, is a limited liability company under Congolese law created on May 10, 2004 in the Democratic Republic of Congo. CEMIC Sarl is approved by the Ministry of Mines on decision opinion n°04/DPEM/2005, of 05/04/2005.
CEMIC SARL is a mining agent but also a design office specializing in the environmental field for the development and the evaluation of Environmental Plans for mining and petroleum projects. It has established its notoriety in the following studies:
- Environmental assessment and environmental audit,
- Assessment and development of Mitigation and Rehabilitation Plans, Environmental Management Plans for the project and Environmental Adjustment Plans,
- Environmental Impact Studies and studies of natural risks of geological origin (assessment natural hazards, site pollution),
- And site development (post-mining management, depollution and rehabilitation studies of disaster sites) as well as in the geological field (civil engineering geology and engineering geology).
- Mining exploration and preparation of feasibility studies.
CEMIC Sarl has woven in ten years of existence a network of first-rate relations in the Democratic Republic of Congo, making it an essential partner thanks to the skills of specialists who are Congolese and foreign experts and consultants in various fields related with the protection of the mining and petroleum environment with a long experience in this field, particularly in environmental sciences and other related subjects, earth sciences and technology.
AJN in reality is nothing more than a shelf company.
This is in their
AJN RESOURCES INC.
Management’s Discussion & Analysis For the three and nine months ended April 30, 2022 and 2021
The Company incurred a net loss of $934,478 during the nine months ended April 30, 2022 (2021 - $740,743), had working capital deficiency as at April 30, 2022 of $418,091 (July 31, 2021 - working capital of $1,512,983), and had an accumulated deficit as at April 30, 2022 of $5,156,146 (July 31, 2021 - $4,221,668).
Further, the Company has no source of operating cash flows, and there is no assurance that sufficient funding (including adequate financing) will be available to conduct required exploration and development of its mineral property projects.
These factors indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern.
The application of the going concern concept is dependent upon the Company’s ability to generate future profitable operations and receive continued financial support from its creditors and shareholders.
The interim financial statements do not give effect to any adjustments that might be required should the Company be unable to continue as a going concern and such adjustments could be material.
So.... who is going to pay for exploration of the northern section of 13359?
Dathomir, Cong, Eckhoff, Cominière, or Zijin?
AJN has just enough money to pay for Eckhof's expenses.
I mean he is not going to pay himself for his return trip Monaco - Manono via Vancouver.
They coloured the application for their new concession red, does that mean it is a red herring?
Anyhow, here is the mob which has taken over 50% of the 100% AVZ fringe exploration leases to 13359.
CEMIC...
Contact us!
- +243 817 153 338
- info@cemic-rdc.com
PRESENTATION
- WELCOME
- WHO ARE WE? / PRESENTATION
PRESENTATION
CONGO ENVIRONMENT AND MINING CONSULTING, in acronym CEMIC Sarl, is a limited liability company under Congolese law created on May 10, 2004 in the Democratic Republic of Congo. CEMIC Sarl is approved by the Ministry of Mines on decision opinion n°04/DPEM/2005, of 05/04/2005.
CEMIC SARL is a mining agent but also a design office specializing in the environmental field for the development and the evaluation of Environmental Plans for mining and petroleum projects. It has established its notoriety in the following studies:
- Environmental assessment and environmental audit,
- Assessment and development of Mitigation and Rehabilitation Plans, Environmental Management Plans for the project and Environmental Adjustment Plans,
- Environmental Impact Studies and studies of natural risks of geological origin (assessment natural hazards, site pollution),
- And site development (post-mining management, depollution and rehabilitation studies of disaster sites) as well as in the geological field (civil engineering geology and engineering geology).
- Mining exploration and preparation of feasibility studies.
CEMIC Sarl has woven in ten years of existence a network of first-rate relations in the Democratic Republic of Congo, making it an essential partner thanks to the skills of specialists who are Congolese and foreign experts and consultants in various fields related with the protection of the mining and petroleum environment with a long experience in this field, particularly in environmental sciences and other related subjects, earth sciences and technology.
CONTACT US
- Lubumbashi, 20th Pylon, Kinsevere Road
City of Lubumbashi/ Annex Commune - +243 817 153 338
- bertin.k@cemic-drc.com
CEMIC - CONGO ENVIRONMENT AND MINING CONSULTING
© All rights reserved CEMIC - DRC
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Frank
Top 20
I just spoke with her 10mins ago re: Melb Road ShowAlmost correct! Me and Jodie are now pen pals
And if I can get some details I'll be there!
All sorted in seconds - So Helpful - So Polite - So Nice
A great asset to the Company imo Nigel if you're watching
Look forward to catching up with a few of you in Melb next week
Cheers
Frank
Edit
p.s.- Yes you to Sparrowhawk, Oxxa and Flight if you're going
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Chilla
Regular
Hi Frank, i will be at the Melb Preso on Tuesday night so make yourself known. I know Elpha from previous sessions so I assume he will be there as well. I see Pasboz on HC has said he will be there so I hope I get to meet him as well. I hope the ML award is still on track for the timeframe given in PerthI just spoke with her 10mins ago re: Melb - Not Brisbane
All sorted in seconds - So Helpful - So Polite - So Nice
A great asset to the Company imo Nigel if you're watching
Look forward to catching up with a few of you in Melb next week
Cheers
Frank
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.Sparrowhawk12
Regular
Great post Cruiser. I agree with other posters. The AJN play for CDL North must be backed by Cong ... Klaus paying himself a 10% spotter fee ... no $$ to explore ... surely AJN & CAMI DG plan to sell off to Cong mates (Ziljin ...) soon after they get PR exploration licence. Surely Felix, MOM, MOP can see through this ... that Klaus & Cong are trying to rip off DRC again. How can they ever expect to be a global EV/battery hub if they indulge such wastes of $$ and time !!! IMO.If AJN gave 60% of their new formed company to the DRC Government, there can't have been much left after filling the brown paper bags.
AJN in reality is nothing more than a shelf company.
This is in their
AJN RESOURCES INC.
Management’s Discussion & Analysis For the three and nine months ended April 30, 2022 and 2021
The Company incurred a net loss of $934,478 during the nine months ended April 30, 2022 (2021 - $740,743), had working capital deficiency as at April 30, 2022 of $418,091 (July 31, 2021 - working capital of $1,512,983), and had an accumulated deficit as at April 30, 2022 of $5,156,146 (July 31, 2021 - $4,221,668).
Further, the Company has no source of operating cash flows, and there is no assurance that sufficient funding (including adequate financing) will be available to conduct required exploration and development of its mineral property projects.
These factors indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern.
The application of the going concern concept is dependent upon the Company’s ability to generate future profitable operations and receive continued financial support from its creditors and shareholders.
The interim financial statements do not give effect to any adjustments that might be required should the Company be unable to continue as a going concern and such adjustments could be material.
So.... who is going to pay for exploration of the northern section of 13359?
Dathomir, Cong, Eckhoff, Cominière, or Zijin?
AJN has just enough money to pay for Eckhof's expenses.
I mean he is not going to pay himself for his return trip Monaco - Manono via Vancouver.
They coloured the application for their new concession red, does that mean it is a red herring?
Anyhow, his is the mob which has taken over 50% of the 100% AVZ fringe exploration leases to 13359.
CEMIC...
Contact us!
- +243 817 153 338
- info@cemic-rdc.com
PRESENTATION
- WELCOME
- WHO ARE WE? / PRESENTATION
PRESENTATION
CONGO ENVIRONMENT AND MINING CONSULTING, in acronym CEMIC Sarl, is a limited liability company under Congolese law created on May 10, 2004 in the Democratic Republic of Congo. CEMIC Sarl is approved by the Ministry of Mines on decision opinion n°04/DPEM/2005, of 05/04/2005.
CEMIC SARL is a mining agent but also a design office specializing in the environmental field for the development and the evaluation of Environmental Plans for mining and petroleum projects. It has established its notoriety in the following studies:
- Environmental assessment and environmental audit,
- Assessment and development of Mitigation and Rehabilitation Plans, Environmental Management Plans for the project and Environmental Adjustment Plans,
- Environmental Impact Studies and studies of natural risks of geological origin (assessment natural hazards, site pollution),
- And site development (post-mining management, depollution and rehabilitation studies of disaster sites) as well as in the geological field (civil engineering geology and engineering geology).
- Mining exploration and preparation of feasibility studies.
CEMIC Sarl has woven in ten years of existence a network of first-rate relations in the Democratic Republic of Congo, making it an essential partner thanks to the skills of specialists who are Congolese and foreign experts and consultants in various fields related with the protection of the mining and petroleum environment with a long experience in this field, particularly in environmental sciences and other related subjects, earth sciences and technology.
CONTACT US
- Lubumbashi, 20th Pylon, Kinsevere Road
City of Lubumbashi/ Annex Commune- +243 817 153 338
- bertin.k@cemic-drc.com
CEMIC - CONGO ENVIRONMENT AND MINING CONSULTING
© All rights reserved CEMIC - DRC
Sparrowhawk12
Regular
My bro and I are going to Melb RS too. I'm snowed under with work, but someone could setup a Melb RS thread so we can refine & share questions. We should also try to meet 30-60 min before to confirm question plan. GLTAH - SparrowhawkHi Frank, i will be at the Melb Preso on Tuesday night so make yourself known. I know Elpha from previous sessions so I assume he will be there as well. I see Pasboz on HC has said he will be there so I hope I get to meet him as well. I hope the ML award is still on track for the timeframe given in Perth
The press and Axinos PR piece I believe are preparations for a AJN capital raising, intended to pay for some initial drilling, and prove it up enough through to perhaps a maiden JORC to boost the value for himself and his DRC partners - and then will come the sale to Zijin. IMO
Chilla
Regular
Hey Sparrow, I was going to Melbourne Mining Club meeting prior but happy to ditch that if there is a group who want to meet an hour earlier to chat. Cheers look forward to meeting you
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