If my recollection is correct, Nigel has denied AJN getting any of our CDL tenement.
The official announcement dated 4 May 2022 (unable to copy and paste) states that "An area which was excluded under the Ministerial
decree to award the mining license, will be renewed under a 5 year exploration license to Dathcom, with discussions regarding the terms of the ongoing joint venture under discussion with the DRC government". This can be seen on the CAMI website with the northern section cut off under 13359.
Other posters have posted the actual ministerial decree and I cannot remember 13359 being sectioned in that decree.
Nigel continues to say that AVZ has not ceded the northern portion as stated by AJN but the official ann and the CAMI website are contrary to his statement.
The official ann above states that the northern section will be issued with an exploration license to Dathcom who then in turn could pass that on to anyone eg. AJN and Nigel would be correct to say AVZ have not ceded it.
However underpinning all this is the original decree for the entire 13359 tenement.
Under AVZ "Code of Conduct"
- (d) Conflicts of interest
There may be times when an Employee’s personal interests or the interests of any associated person conflict with those of the Company or its stakeholders.
In these circumstances, appropriate action should be taken to remove or manage such conflict. Potential for conflict of interest arises when it is likely that an Employee could be influenced, or it could be perceived that such Employee is influenced by a personal interest when carrying out their duties.
Conflicts of interest that lead to biased decision making may constitute corrupt conduct.
(i) Some situations that may give rise to a conflict of interest include situations where an Employee has:
• financial interests in a matter the Company deals with or you are aware that friends or relatives have a financial interest in the matter;
• directorships/management of outside organisations;
• membership of boards of outside organisations;
• personal relationships with people the Company is dealing with which go beyond the level of a professional working relationship;
• secondary employment, business, commercial, or other activities outside of the workplace which impacts on an Employee’s duty and obligations to the Company;
• access to information that can be used for personal gain; and • offer of an inducement
- I think Nigel ticks a couple of those boxes
My ramblings and my opinion only.
Just provide the license so we can move on!
