Above, the hydro power station is one of the 3 projects running under AVZ according to the search results in my above post.
Both NUTS . I like your conviction . Yeh it's a desperado attempt by the looks of it. ML is imminent and Shorters want to put enough uncertainty out there and trigger a massive dump on open . IMOThe Article about the Hydro-power facility has no date, no name, list zero sources, published on the dodgiest looking web site, written in biased language and is agenda driven.
The same language used in the mines.cd tweet, and it also uses the same picture that the mines.cd used in their tweet.
I will bet both my nuts that this is 100% bullshit, fake, rubbish. *** YES BOTH NUTS MY DUDES! ***
I'm now completely unconcerned about it. We will seek clarification of course.
@TysonsBeing overseas and unable to attend to a RS doesn't help my feeling of being outside the information bubble, however management are undoubtedly flat out and I don't really want to bug them in phone calls or emails to seek an understanding of what's going on - their time is better spent in fighting the good fight. Frustrating moment in time. Though ultimately I guess I can't do anything to influence the situation thats underway, so in the interim I'll just keep trying to make some sort of sense out of the few snippets that are being promulgated
That's fairly clear from the start, trouble is they keep putting it out there and piling on the bullshit. Exactly what those in Perth were warned of a few days ago.The Article about the Hydro-power facility has no date, no name, list zero sources, published on the dodgiest looking web site, written in biased language and is agenda driven.
The same language used in the mines.cd tweet, and it also uses the same picture that the mines.cd used in their tweet.
I will bet both my nuts that this is 100% bullshit, fake, rubbish. *** YES BOTH NUTS MY DUDES! ***
I'm now completely unconcerned about it. We will seek clarification of course.
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?
View attachment 21365
Above, the hydro power station is one of the 3 projects running under AVZ according to the search results in my above post.
Wow, BOTH!!! Fucking hell!!!The Article about the Hydro-power facility has no date, no name, list zero sources, published on the dodgiest looking web site, written in biased language and is agenda driven.
The same language used in the mines.cd tweet, and it also uses the same picture that the mines.cd used in their tweet.
I will bet both my nuts that this is 100% bullshit, fake, rubbish. *** YES BOTH NUTS MY DUDES! ***
I'm now completely unconcerned about it. We will seek clarification of course.
Personally, MOUs dont hold alot of weight, LOIs much the same, its not concrete, that being said if the narrative did change, then that should of been conveyed via the ASX / shareholders as per continuous disclosure rules.
Yeah we partnered with the DRC department of petroleum and energy to investigate the refurbishment, but only through an MoU - no contract I believe was ever reached. But ever since Zijin came into play the state-owned Cominiere has been refuting the DPE's right to decude ahything to do with the plant, as they claim they 100% own it, I believe based on some allegedly pre-existing purchase contract from a few decades ago. I've never seen any response to this from the DPE, and its probably just a tactic, but it's another thing that could end up in the courts if cominiere want to press their claim over the facility. Unless DRC leadership steps in.There was a previous article exactly the same as the one @Sammael posted. Have a look there’s no date on it.
I can’t find the previous article but Cominiere claimed we never had the right to refurbish the mpiana hydro power plant. We had an MOU with the DRC to refurbish it and it was in the DFS.
DRC partners with AVZ Power to refurbish Mpiana-Mwanga hydro-electric power station
DRC partners with AVZ Power to refurbish Mpiana-Mwanga hydro-electric power stationafricabusinesscommunities.com
Fuck me, once again I’m too late…. Already been answered by @Azzler @Sammael and @Rediah
Anyway, won’t hurt to inform Nigel
Yeah we partnered with the DRC department of petroleum and energy to investigate the refurbishment, but only through an MoU - no contract I believe was ever reached. But ever since Zijin came into play the state-owned Cominiere has been refuting the DPE's right to decude ahything to do with the plant, as they claim they 100% own it, I believe based on some allegedly pre-existing purchase contract from a few decades ago. I've never seen any response to this from the DPE, and its probably just a tactic, but it's another thing that could end up in the courts if cominiere want to press their claim over the facility. Unless DRC leadership steps in.
Bloody hell, now it's the hydro power station. Is there anything left for those dodgy pricks to challenge?
We clearly need some heavy-hitting legal eagle in our corner.
I know just the man for the job.
View attachment 21374
Yup Cominière and Cong own the DRC government, 50% Cong, 50% Cominière.Bloody hell, now it's the hydro power station. Is there anything left for those dodgy pricks to challenge?
We clearly need some heavy-hitting legal eagle in our corner.
I know just the man for the job.
View attachment 21374