AVZ Discussion 2022

[Stockinvesting]

It's over a month old.

 

[Deleted member 1612]

It's over a month old.

I know. Still the best thing I’ve seen to come out of the DRC which I can actually attribute value to. Some confirmation of the DRC stance relating to ownership and AVZ investment was greatly appreciated by me and I’m sure many others.

 

[whales]

The problem is with this viewpoint is it’s incredibly negative with all the ‘if’s’.
Every single issue going against us is statistically silly.
Felix not getting in, ICC not vindicating us in time, recent US involvement in DRC & Zambia coming to nothing, all this progress we’ve made lately leading to no tangible results, the criminals already caught get off, the NGOs get ignored, the mining code gets ignored, IGF get ignored, MOM gets fired, nahhh.

Yeah if the sky falls in somehow then plan c,d,e,f sell the fucking thing, I personally feel talking about that when we are finally making a bit of progress seems hugely pessimistic.
I reckon the BOD if backed into a corner probably would reluctantly sell as opposed to bing stripped of the asset, we are not there not even close.

According to IGF they have written proof of transactions and bank statement and corruption by MOF plus DG of Cami .
Plan B take CAMI and the DG of CAMI to ICC.
Expose them further and DRC will need to enforce the decision made by the ICC.

 

[John25]

Another imminent prediction…

I’ll supply the “Ice”

Shit wrong “Ice” thought i was on @JAG boat for a minute …phew thats better Sorry @JAG only joking buddy

 

[Onthefm]

According to IGF they have written proof of transactions and bank statement and corruption by MOF plus DG of Cami .
Plan B take CAMI and the DG of CAMI to ICC.
Expose them further and DRC will need to enforce the decision made by the ICC.

Mate if they don't stop spending on preworks drilling on an asset we are not sure how much we own. We won't last the other 2 icc cases let alone a third. I wish they were spending more on flights accom and entertainment in drc.imo

 

[Scoota30]

I've been in contact with my Manono Taxi Driver recently who assures me that despite what we see on social media things are moving ahead at manono very quickly.
I asked him if he could send me any photo updates and he sent me this saying the crane seems to be working well

 

[Onthefm]

Mate if they don't stop spending on preworks drilling on an asset we are not sure how much we own. We won't last the other 2 icc cases let alone a third. I wish they were spending more on flights accom and entertainment in drc.imo

On the crapper someone is saying the nige is going to London. Anyone know about this?

 

[Stockinvesting]

I know. Still the best thing I’ve seen to come out of the DRC which I can actually attribute value to. Some confirmation of the DRC stance relating to ownership and AVZ investment was greatly appreciated by me and I’m sure many others.

I only made the point that absolutely NOTHING has eventuated since the video was released.

Govt. happy to ignore which is really disappointing to say the least. No offence intended.

 

[TDITD]

I've been in contact with my Manono Taxi Driver recently who assures me that despite what we see on social media things are moving ahead at manono very quickly.
I asked him if he could send me any photo updates and he sent me this saying the crane seems to be working well
View attachment 27758

Yes looks like we have the all good from our project manager

Our Health and Safety Officer has everything under control.

 

[TDITD]

On the crapper someone is saying the nige is going to London. Anyone know about this?

Probably talking about this where Nige is speaking at.
https://london.miningjournalselect.com/mjslondon2023/en/page/home

 

[Deleted member 1612]

I only made the point that absolutely NOTHING has eventuated since the video was released.

Govt. happy to ignore which is really disappointing to say the least. No offence intended.

None taken. We’re all sick of this enduring shit show. Just clinging to the few things that look positive for us.

 

[Winenut]

Probably talking about this where Nige is speaking at.
https://london.miningjournalselect.com/mjslondon2023/en/page/home

 

[Remark]

I've been in contact with my Manono Taxi Driver recently who assures me that despite what we see on social media things are moving ahead at manono very quickly.
I asked him if he could send me any photo updates and he sent me this saying the crane seems to be working well
View attachment 27758

Wow, that's a pretty decent bogging. Apparently it was on the way to save a bogged dozer or visa versa.

Some interesting pics here....

https://www.theconstructionindex.co.uk/the-digger-blog/view/crane-gets-stuck-followed-by-dozer

In WA somewhere going by the company name & phone number on the crane.

 

[Chilla]

Mate if they don't stop spending on preworks drilling on an asset we are not sure how much we own. We won't last the other 2 icc cases let alone a third. I wish they were spending more on flights accom and entertainment in drc.imo

I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.

 

[Remark]

I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.

"but you are starting to sound like the guy that posts 30 negative comments a day on the crapper"

I was thinking the same but then again I'm a little bit paranoid & suspicious (thanks for that Nigel!)

 

[Onthefm]

I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.

Fair enough cheers.

 

[Chilla]

Fair enough cheers.

All good mate

 

[Scoota30]

I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.

Don't forget that by the time the drilling stops, there will be an increase from 500k to $5M per year payment for directors insurance, but that is because "the company is growing".
Nothing to see here....

 

[BRICK]

Wow, that's a pretty decent bogging. Apparently it was on the way to save a bogged dozer or visa versa.

Some interesting pics here....

https://www.theconstructionindex.co.uk/the-digger-blog/view/crane-gets-stuck-followed-by-dozer

In WA somewhere going by the company name & phone number on the crane.

Dozer vs Excavator, id go excavator nearly every time.

 

[cruiser51]

"but you are starting to sound like the guy that posts 30 negative comments a day on the crapper"

I was thinking the same but then again I'm a little bit paranoid & suspicious (thanks for that Nigel!)

Looks like I am not the only one being slightly paranoid & suspicious.

It is obvious there are wolves in sheep's clothing on every social platform, even TSE.

To think otherwise is not smart.
There is too much at play.

For the big player(s) well in excess of a few billion dollars.
Just think along the lines of hegemony of the world lithium market.
It is the final play China is aiming for.

Just something to consider.

AIMO

Have a nice day and good luck to all.