AVZ Discussion 2022

Hemicuda

Regular
Can any of you tell me the exact reason why there is no ML to date? Did AVZ explain and communicate that very clearly?
great question
 
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Rediah

Regular
I just don't understand why they don't just explain clearly why the ML hasn't been granted yet and what the problems are.

there is only one question for tomorrow evening that I would like to have answered. what is the real reason that ML does not exist?
why don't you just tell the truth and enlighten people?

Can any of you tell me the exact reason why there is no ML to date? Did AVZ explain and communicate that very clearly?


......My opinion now is that we will never get this ML,

Why are you worried, you have given your opinion ?

You have the same pattern as other two, whom have been put on behavioral notice by zeeb0t , you go away for weeks and then on your return post one rubbish comment, good way to start this year 👏
 
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Can any of you tell me the exact reason why there is no ML to date? Did AVZ explain and communicate that very clearly?
Scroll up. I've answered this numerous times.
 
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Rediah

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Dont waste your time, check his other posts and you will know about this person.
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Do you guys think AVZ will only come out of suspension when they have a Mining Licence? Bloodbath if they dont
 

Bin59

Regular

The Future Minerals Forum (Saudi Arabia) dates in January would fit in nicely with TheFox’s 2 week prediction for the ML - big 😁 on Antoinette’s face.

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Bin59

Regular

DRC: The government is preparing to formalize the gold trade of artisanal exploitation​

January 2, 2023
img 20230102 wa0058 img 20230102 wa0058
https://www.facebook.com/sharer.php...-commerce-de-lor-de-lexploitation-artisanale/
The Democratic Republic of Congo will implement several initiatives to increase revenues and improve financial transparency over the new year, including a plan to formalize the artisanal trade in gold and amend an agriculture law to encourage foreign investment, government officials said.

The copper and cobalt producer is seeking to diversify its sources of income after an exceptional year in the mining sector, which will result in economic growth of nearly 7%. The government also plans to extend income taxes and offer tax exemptions in special economic zones, officials said.

"The goal is to become a country of transformation, not just a country of production," Finance Minister Nicolas Kazadi said last week on the sidelines of a United States-Africa summit.

Congo is one of the richest countries in the world in terms of natural resources, but it has long been considered a difficult place to do business because of corruption, conflict and limited infrastructure. Millions of people are currently displaced in the east of the country due to fighting fueled in part by the illicit trade in minerals such as tantalum and gold.

The government hopes to break this link after signing an agreement with the United Arab Emirates "that will allow us to buy all the gold produced by the craft sector," added Kazadi.

Most of Congo's smuggling gold passes through Rwanda and Uganda and ends up in Dubai, he hammered. The United Arab Emirates and Congo are setting up infrastructure to formalize the market, he said, without giving more details.

Congo will launch its first gold refinery in the city of Bukavu in 2023, Industry Minister Julien Paluku informed in an interview in Washington. The country also creates special economic zones that benefit from 10 to 20 years of tax exemptions, said Paluku.

A Chinese tile company, Saphir Ceramics, will start production in the first quarter of 2023 in the first area of the country on the outskirts of Kinshasa. The Indian Varun Beverages, a Pepsi bottler and a pharmaceutical manufacturer should also join them, he said.
 
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ptlas

Regular
I'm low key worried that we will end up with Hunter Biden on the AVZ board to pay the yanks back for sorting out the jackals. He does have experience with brokering mining deals in the DRC. At least the AGM after parties will be lit as fuck.


An investment firm where Hunter Biden, the president’s son, was a founding board member helped facilitate a Chinese company’s purchase from an American company of one of the world’s richest cobalt mines, located in the Democratic Republic of Congo.

Mr. Biden and two other Americans joined Chinese partners in establishing the firm in 2013, known as BHR and formally named Bohai Harvest RST (Shanghai) Equity Investment Fund Management Company.

The three Americans, all of whom served on the board, controlled 30 percent of BHR, a private equity firm registered in Shanghai that makes investments and then flips them for a profit. The rest of the company is owned or controlled by Chinese investors that include the Bank of China, according to records filed with Chinese regulators.

One of BHR’s early deals was to help finance an Australian coal-mining company controlled by a Chinese state-owned firm. It also assisted a subsidiary of a Chinese defense conglomerate in buying a Michigan auto parts maker.

The firm made one of its most successful investments in 2016, when it bought and later sold a stake in CATL, a fast-growing Chinese company that is now the world’s biggest maker of batteries for electric vehicles.

The mining deal in Congo also came in 2016, when the Chinese mining outfit China Molybdenum announced that it was paying $2.65 billion to buy Tenke Fungurume, a cobalt and copper mine, from the American company Freeport-McMoRan.

As part of that deal, China Molybdenum sought a partner to buy out a minority stakeholder in the mine, Lundin Mining of Canada. That is when BHR became involved.

Records in Hong Kong show that the $1.14 billion BHR, through subsidiaries, paid to buy out Lundin came entirely from Chinese state-backed companies.

China Molybdenum lined up about $700 million of that total as loans from Chinese state-backed banks, including China Construction Bank. BHR raised the remaining amount from obscure entities with names like Design Time Limited, an offshore company controlled by China Construction’s investment bank, according to the Hong Kong filings.

Before the deal was done, BHR also signed an agreement that allowed China Molybdenum to buy BHR’s share of the mine, which the company did two years later, the filings show. That purchase gave China Molybdenum 80 percent ownership of the mine. (Congo’s state mining enterprise kept a stake for itself.)

By the time BHR sold its share in 2019, Mr. Biden controlled 10 percent of the firm through Skaneateles L.L.C., a company based in Washington. While Chinese corporate records show Skaneateles remains a part owner of BHR, Chris Clark, a lawyer for Mr. Biden, said that he “no longer holds any interest, directly or indirectly, in either BHR or Skaneateles.” The Chinese records show that Mr. Biden was no longer on BHR’s board as of April 2020. Mr. Biden did not respond to requests for comment.
A similar fear has haunted me for some time.
US just want control of the white gold and don't really care which company owns the mine, or who owns the company.

Regarding disclosure by AVZ board of where this shit storm is upto, I believe that they were deliberately not showing their hand to the Chinese.
I understand and agree with that tactic and therefore accept that little information could be forthcoming.
In hindsight though, it is apparent that AVZ not only did not know about all of the shenanigans but also knew that they did not know. ie AVZ knew that there were known unknowns.
With that in mind, I find it reprehensible that NF, and a complicit board, could misinform shareholders on timelines.
I use the word 'misinform' generously.
 
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Shorter than the previous extension
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TDITD

Top 20
CATH must surely be applying pressure to get the mine started, not exactly a company you mug off with everything DRC are claiming to want to be. Mr Pei and Nigel need to get Felix in a meeting an knock some heads. Lets go guys, ffs lets not have 'extension' be AVZs word for 2023
 
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smileatme

Member
Wish you all happy new year!
I hope to sell/transfer some of my shares through contract sale while the company is in suspension.
Is anyone had any experience on this or if they know any broking firms are doing this, please respond to me privately.
Thanks for your time and response.
 

TDITD

Top 20
Wish you all happy new year!
I hope to sell/transfer some of my shares through contract sale while the company is in suspension.
Is anyone had any experience on this or if they know any broking firms are doing this, please respond to me privately.
Thanks for your time and response.
at $2 they can have SOME of mine, only some.
 
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TDITD

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Wish you all happy new year!
I hope to sell/transfer some of my shares through contract sale while the company is in suspension.
Is anyone had any experience on this or if they know any broking firms are doing this, please respond to me privately.
Thanks for your time and response.
The BOD should offer to buy any shares we wish to sell them ;). At a fair price, factoring in damage caused by the suspension. So what say $2 a share.
 
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Onthefm

Regular
Can any of you tell me the exact reason why there is no ML to date? Did AVZ explain and communicate that very clearly?
No
 
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TDITD

Top 20
Can any of you tell me the exact reason why there is no ML to date? Did AVZ explain and communicate that very clearly?
Well this is likely going to burn my Sauce, but since you asked I'm going to say "fuck it" an risk losing the sauce.

OK,
Tims dads cousin who's sister is shagging a guy (Rhett) who works for a company that makes the particular dog food that Nigels dog likes (Dogs a shiatzu called Imminent btw), well you see Nigels dog "Imminent" is best friends with a bitch that's neighbours to Jan the neapolitan mastiff that catches up every fortnight at the beach for a run with graeme the rottweiler, apparently Ben the pug was there too and was partially overheard by John the puli while sniffing graemes ass to have said "the ML is being withheld until we can give its release the celebration it deserves at the Kanamara Matsuri festival", also
apparently there was a dodgy looking chinese crested hanging around the group the whole time trying to get a sniff in.

I think this would be right down your street @Peter Clark
 
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Azzler

Top 20
Wish you all happy new year!
I hope to sell/transfer some of my shares through contract sale while the company is in suspension.
Is anyone had any experience on this or if they know any broking firms are doing this, please respond to me privately.
Thanks for your time and response.
Hey mate, is are your shares under a chess holding (HIN) or sponsored holding (SRN)?
 

JAG

Top 20


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smileatme

Member
Hey mate, is are your shares under a chess holding (HIN) or sponsored holding (SRN)?
Thanks for your response.
My accounts are in HIN. Does it matter? Hope to get a response from you Azzler, so I learn something new today.
 

Azzler

Top 20
Thanks for your response.
My accounts are in HIN. Does it matter? Hope to get a response from you Azzler, so I learn something new today.
Unfortunately, as far as I'm aware, Chess holding (HIN) shares can't be traded off market during a supension.
I asked my broker this as I was hoping to sell some of mine. They told me the chess system wont alow the trade.

I'd love if anyone can verify this info though.
 
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