Well said mate , but I'd like to correct you on something . It's been 8 months not 7 .
This should have been sorted by now . Now we approach the election year . Felix's main focus will be on self preservation .
AVZ Discussion 2022
- Thread starter GazDix
- Start date
This should have been sorted by now . Now we approach the election year . Felix's main focus will be on self preservation .
Rediah
Regular
Cong's hotel seems to be the go to for the DRC gov . Must be a nice place .
"Nudge, nudge , wink, wink.......... ML received in November to SOPHS ( RS ) is a big statement to make."Its got nothing to do with Nigels schedule, he / AVZ is just a PAWN in a political cesspool.
I reckon Nigels schedule would have held up well if it wasnt for out side influences.
That being said, Nigel is playing with fire if the ML doesnt transpire by Dec / JAN...........
Nudge, nudge , wink, wink.......... ML received in November to SOPHS ( RS ) is a big statement to make.
imo
Was this the "so-called" email he received during the Perth RS ? Can you elaborate ?
What a joke!
Didnt go the the Perth RS, so i cant elaborate, but the sophs that i have communicated with indicated so.
We shall see, still hoping for a nice chrissie pressy, but not holding my breath.
Hang in there brother, i feel your pain , anguish and despair, we are all in this together.
Your investment is not a write off, just put on hold.................for a very fucking loooong time...
DiscoDanNZ
Regular
All this talk the other week about doing some charitable work for the locals in the DRC when in reality we should probably look into getting a group therapy centre started and a stable supply of pharmaceutical lithium judging from the mood in here today.
JAG
Top 20
ThisTimeWin
Regular
While DRC officials sit on their fat arses playing stink-finger watching re-runs of Tarzan, on the other side of the world an equally corrupt country, PNG is pushing for miners to quickly advance their projects...even old mate Zijin Mining gets a mention.
www.reuters.com
Cheers
F
Papua New Guinea PM Marape presses mining, energy giants to advance projects
Papua New Guinea Prime Minister James Marape on Monday urged mining investors to get on with developing their resources, pushing for more downstream processing in the country and more local employment.
Cheers
F
Nudedomas59
Member
We must be getting closer to a ML and positive outcomes as I notice Axle has gone into Downramper Overdrive on Twitter today after coming out of nowhere. Interesting.
D
Deleted member 1612
Guest
He must be watching you…
D
Deleted member 1612
Guest
Sorry I know this isn’t exactly positive reporting but I must be completely losing my mind because I’m finding these pretty funny. If you don’t laugh you’ll cry right
MoneyBags1348
Top 20
Nice paragraphing John…. I like to leave a space when I paragraph
I agree with all that you say, except that I like some of the links @JAG and @Sammael post from the bird…. And I also like the links to Kiki Kienge (Kongo Press Reporter), she posts a lot of good information on corruption in the DRC.
Nigel and the BOD on big weekly salaries collecting free shares and negotiating their way smoothly through the roadshow’s and AGM while shareholders desperately needing to access their money continue to suffer…. Only options to maintain your sanity seems to either mentally right them off (for the time being put them in the bottom draw) or stop tuning in to find out the latest updates.
I don’t want to be here anymore either so I’m hoping people don’t refer to me in their posts because I always feel I should respond when they do.
I put a post up last week with my thoughts on the ML plus our Capital Requirements and @Winenut(s) replied about CATH still agreeing to fund us in return for offtake if they pull out of their 24% in Dathcom.
That $400million would then be like a prepayment for our SC6 (and they want nearly all of our product) which would mean that money was spent on construction (CAPEX) so we wouldn’t be getting it back to pay off our debt to the PAN AFRICAN DFI’s.
I also referred to our BOD considering paying $25million to Dathomir (through the courts) but that was a figure that stemmed from the company. Since looking into it further, I read that a Lubumbashi Court already ruled in favour of AVZ’s acquisition of 10% of Dathomir and it was the remaining 5% which was in question…. And for this 5%, Dathomir (Cong) wants $50million.
So a quick recalculation on Capital related matters to query our CFO….
$150 million (15% to Cominiere)
$ 50 million ( 5% to Dathomir)
$600 million (PAN AF DFI’s - Debt/Equity)
$400 million (Pre-purchased SC6 CAPEX)
Final thoughts….
I wouldn’t be expecting Simon Cong to be held accountable for anything, other than providing the bed linen and snacks at his luxury hotel in Kinshasa, where politicians seem to be conducting their conferences from.
Anyone loyal to Nigel wanting to run this by him (or CFO Jan)…. Tell them MB said to say hi and don’t worry about returning his calls…. He’s lost fucken interest
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Samus
Top 20
Clearly AXLE is reading AVZ TSE thread................is that another nic for DERGEIST ?
Cheers Mate . What are the odds of an email dropping in Nigel's lap during the the first RS in Perth to give the thumbs up for the ML ? It hasn't leaked from anywhere else from that day to this . In fact days later the Green Grub was slicing and dicing . Then JAG realized he'd been slipped a pineapple without feeling it . They had covered the pineapples with a local anesthetic gel . IMODidnt go the the Perth RS, so i cant elaborate, but the sophs that i have communicated with indicated so.
We shall see, still hoping for a nice chrissie pressy, but not holding my breath.
Hang in there brother, i feel your pain , anguish and despair, we are all in this together.
Your investment is not a write off, just put on hold.................for a very fucking loooong time...
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