AVZ Discussion 2022
- Thread starter GazDix
- Start date
Mr Inappropriate
Regular
And there you have it. That’s why every snippet of information about timeframes needs to be taken with a sackful of Himalayan rock salt. AVZ should stop talking or even hinting about dates and talk only of the activities underway to progress matters (unless prejudicial to reveal). It happens when it happens - in the meantime we’ll continue to hang on to our ankles…
Winenut
Go AVZ!
Not normally one to spruik the Crapper but there is a very good post from Elphamale providing a great summary of where we are at
Not sure if the link works but it's worth a read and it's a good call to action
Remember just change crapper to copper
Edit: Okay so the link automatically gets whacked on TSE...fair enough
Anyway it's post "...ann-legal-action-to-affirm-interests-in-the-manono-project.7137385/page-4#post-65255656"
Not sure if the link works but it's worth a read and it's a good call to action
Remember just change crapper to copper
Edit: Okay so the link automatically gets whacked on TSE...fair enough
Anyway it's post "...ann-legal-action-to-affirm-interests-in-the-manono-project.7137385/page-4#post-65255656"
Last edited:
D
Deleted member 1612
Guest
Thanks WN, it was difficult for me to find that on my phone but searching for Elphamale and viewing his most recent search was easy for those who want to find it.Not normally one to spruik the Crapper but there is a very good post from Elphamale providing a great summary of where we are at
Not sure if the link works but it's worth a read and it's a good call to action
Remember just change crapper to copper
Edit: Okay so the link automatically gets whacked on TSE...fair enough
Anyway it's post "...ann-legal-action-to-affirm-interests-in-the-manono-project.7137385/page-4#post-65255656"
D
Deleted member 1612
Guest
Sorry Sammael! Catching up on 10 pages backwardsAlso I've posted a direct link to it through twitter 6 or 7 posts up
Mr Inappropriate
Regular
Thanks for sharing wino. We need to get Elpha over here, eh?Not normally one to spruik the Crapper but there is a very good post from Elphamale providing a great summary of where we are at
Not sure if the link works but it's worth a read and it's a good call to action
Remember just change crapper to copper
Edit: Okay so the link automatically gets whacked on TSE...fair enough
Anyway it's post "...ann-legal-action-to-affirm-interests-in-the-manono-project.7137385/page-4#post-65255656"
Winenut
Go AVZ!
Sorry SamAlso I've posted a direct link to it through twitter 6 or 7 posts up
Thought that was just the pic (which I had seen previously) rather than a link provision through twitter
You were all over it!
Samus
Top 20
Sorry Sam
Thought that was just the pic (which I had seen previously) rather than a link provision through twitter
You were all over it!
All good it's a bit disguised because it's the same image as his other tweet. Just a shame to have multiples of the same thing posted like on the crapper.
Posted that after having the same problem you did
MoneyBags1348
Top 20
Not normally one to spruik the Crapper but there is a very good post from Elphamale providing a great summary of where we are at
Not sure if the link works but it's worth a read and it's a good call to action
Remember just change crapper to copper
Edit: Okay so the link automatically gets whacked on TSE...fair enough
Anyway it's post "...ann-legal-action-to-affirm-interests-in-the-manono-project.7137385/page-4#post-65255656"
Nuts I just read Elphamale’s crapper post and as always was a good read…. I’m not on twitter or the crapper so have no way of interacting with Elphamale but….
Some things he and others might want to add to the equation are:
1) Former exiled politician and governor of Tanganyika, Moise Kutumbi (who by the way is one of the richest men in the DRC) is teaming up with Joseph Kabila to form a partnership to win government in next year’s DRC election…. Both these men should also be added to the ‘Dirty Dozen’ when it comes to corruption in the DRC and both should be watched closely for their involvement in corrupt mining practices in and around Tanganyika and Manono!!
2) Elphamale also mentions a short-term debt facility or a pre-payment by CATH for our SC6…. I mentioned the idea of a pre-payment by CATH recently and not sure if Elpha takes into account the fact that we would then have to supply CATH with the SC6 while not getting payment for our OPEX (Operating costs).
As far as a short-term debt facility…. This is how Altura (AJM) went into administration when they couldn’t repay their debt to the Chinese, and Pilbara Minerals bought out thier Pilgangora project. I know people will say the price of SC6 will soon pay off our debts but like everything else…. I’ve heard it all before
Just a few things to consider and if you or someone passed them on to Elpha, I would be interested in his reply
You know me pretty well Nuts, I may seem harsh, but sometimes you need to be to add honesty and balance to the conversation
Last edited:
Samus
Top 20
Was thinking the same, maybe someone he follows could DM? It's unpleasant having to fish things out of the crapper.
Last edited:
Winenut
Go AVZ!
Samus
Top 20
Mining Cadastre: The Minister of Mines,
@anskalambayi
is continuing her efforts to restore the rights of Mrs. Chantal Lembo Bashizi as CEO of #CAMI . Appointed for almost 3 years, #Bashizi never took office... To read
Winenut
Go AVZ!
Hey MB
I just responded to Elphamale and posted your thoughts on the crapper for the general conversation and to see if something happens
I tagged Elpha in
Not a DM or PM (as I have no way to do that either) but what the heck.....may as well give it a go and see what happens!
No harm in trying
Cheers
Nut
Yep
Based on my assumption of lip service by mgmt and trying to use some reasoning. I rather say my guess up front then those people who put their assumptions after something happens then pretend they knew all along lol.
Considerations for why I'm guessing that.
1) How would capital work if CATH takes a lower percentage? Would the company really be sourcing this funding in the background already? We're about what 8 months into suspension? Why not do this sooner? Makes me think it's not related to ML
2) Mgmt seemed to think at the road shows that ML was close and that some people were going to jail. Well we're seeing some of that start to happen and there is a push for others still. From that perspective I feel it'll come to a head soon.
3 IGF and others calling out the princess. Can you imagine a law enforcement agency in Australia accusing someone of a crime then letting them walk free? I think we know where this is heading, question is what are they waiting on to pull the trigger.
Anyway my reasonings as to why I feel like we're only a few months away tops and why I feel the CATH % remains in tact. All a guess.
Thanks Rambo for sharing this.
Both commentator & legal eagle agree , this is a shit fest mess..........errr, derrrrrrrr!!
A few take aways.....
a) potentially a 3rd arbitration case might be added to ICC time table ( 2 SPAs with DATHOMIR + Jin Cheng snack deal) ..........could be heard concurrently ........potentially saving time and expense.....but not guaranteed.
b) Arbitration could go on for 2 years other wise............. 6 - 12 months at least......
c) Regards to Jin Cheng, first right of refusal to AVZ or any other deal done is null & void ( uniform law ), however if indeed 15% shares have been transferred, could be hard to claw back. AVZ would need to prove that Jin Cheng was aware of the pre emptive clause and acted NOT in " good conscience "
d) Legal eagle suggests that AVZ would more than likely not resume trading until a verdict is reached as it would be detrimental to the SP other wise.
e) Legal eagle suggests that it might be best for all parties to negotiate a deal privately and drop the court proceedings therefore allowing the project to go ahead...........essentially meaning a payout to Dathomir and going into bed with Jin Cheng one would think.........
FARKEN food for thought.
FARKEN, FARKEN, FARKEN
FARKEN if you do, FARKEN if you dont.
FARKEN
Similar threads
