AVZ Discussion 2022

[TDITD]

I think we should finally learn now that the president is not our rescue hammer and can not work against so many bad people in his government in the same time. He is the first president after a long kabila regime. The MoP is against us for many months now, the MoM clearly showed that she has enough and want the project go forward.

I think the government don’t care if with us or without us. All that fighting against cominiere and zijin instead of working for a relationship had bring us in the situation that they finally try to get the complete license back. They had 18 months to cancel the deal with zijin but nothing happened in our favor, after two times the MoP accused by the IGF she is still there.

I’m not sure why I was so blind and imagined that a few people and a little company have a chance to change this corruption influenced by the Chinese. The world know about the image of the drc, nothing will change and nobody care if they kick us out. I’m not sure how anyone can believe that everything will go in our way. I can’t believe they restore the complete license and give a new decree, the unwilling of working with each other still exist. The government would not benefit.

Zijin would work with us they don’t care and want to make money with the project, maybe they would take us over later but who cares. If we don’t come to a agreement I don’t think the government will wait many month’s until the ICC is settled. Their people are dying and they need money, and a little Australien company don’t want to work with corrupt guys (what I completely understand but what choice did we?) and this generates a situation nothing can go forward. The president, the prime minister, the MoP or MoM could give their best to cancel that deal and show they are behind us. But they didn’t. Our lawyers or marius didn’t changed the situation. What else can we do anymore than just accept the situation and take zijin money what would help to start with the project? Go to ICC and claimed for money the next years?

The government showed they can’t be trusted. We can loose all our money or make a agreement with this assholes and hope it’s not to late for it. I’m the first one who hope the best but I’m the first one too who can accept when a fight is lost. even if you want to shoot against me, but I think the management misjudged the situation and hoped they working in accordance with the law.

 

[BRICK]

AFR working with British shorter to undermine Australian company in geopolitical mess with Chinese bad actors Borders on treason. Government should be up his ass.

We should either sell for +$3 or bring in private security to surround the site 24/7 and stall all operations and secure ownership until we are paid a fair compensation. No dealing with these fools they will push us out before we even get a truck in.

I hear the Wagner group is looking for work....

 

[TDITD]

Lots of compromise talk...

Why the ACTUAL FUCK is MUPANDE still the DG of CAMI????

Riddle me fucking that!!

Mupande is a crook

Mupande is on the Chinese payroll

Mupande is on the Zijin payroll

Mupande is on the AJN payroll

Mupande is on the Eckhoff payroll

Mupande is on everyone's fucking payroll

Mupade works AGAINST the interests of the Congolese people

Mupande is CORRUPT

Mupande is CORRUPT

Mupande is CORRUPT

Mupande is CORRUPT

Mupande is in bed with Cong and Zijin and on the take loving the brown bags

Mupande is CORRUPT

Mupande is CORRUPT

Mupande is CORRUPT

Mupande was removed from the position of DG of CAMI a number of years ago

MUPANDE WAS REMOVED FROM THE POSITION OF DG OF CAMI YEARS AGO

But is still unlawfully in the role and CORRUPTING THE MINING SECTOR OF THE DRC ON A DAILY BASIS

Every day he is there is CORRUPTING THE DRC MINING SECTOR

How obvious does it have to be that MUPANDE MUST BE REMOVED FROM THE POSITION HE UNLAWFULLY HOLDS AND BE PROSECUTED

How obvious does it have to be that MUPANDE MUST BE REMOVED FROM THE POSITION HE UNLAWFULLY HOLDS AND BE PROSECUTED

How obvious does it have to be that MUPANDE MUST BE REMOVED FROM THE POSITION HE UNLAWFULLY HOLDS AND BE PROSECUTED

How obvious does it have to be that MUPANDE MUST BE REMOVED FROM THE POSITION HE UNLAWFULLY HOLDS AND BE PROSECUTED

How obvious does it have to be that MUPANDE MUST BE REMOVED FROM THE POSITION HE UNLAWFULLY HOLDS AND BE PROSECUTED

Fuck me....

And by the way

Once Mupande is fucking sorted out we will be going after Tommy (yes you personally Tommy) and the AFR for their continued biased (and probably funded) attacks on AVZ and the constant barrage of misinformation that they channel from Boatman Capital (and other sources) to damage the reputation of AVZ (in Australia and internationally) as they look to assist nefarious shorting entities to undermine the company and smash the shareprice in the market

The financial connections and motivations for Tommy and the AFR will not be difficult to unravel......you can see them already...the digital trail will be a walk in the park to illuminate

The groundswell against corruption and the bag boys and those complicit in grubby self interest will be too massive to avoid

The guilty won't even see it coming.......it will sweep away the unsuspecting, soul-less, low-life, gutter dwelling pigs like a fucking tsunami

 

[Thaz]

What's the go with h00ts on HC?

He seems to be posting / have an agenda with AVZ...

 

[cruiser51]

Africa could rescue US as lithium demand projected to surge 42 times | News24

The United States is still very much in the race for lithium deposits in Africa and South America, but China has jumped ahead.

www.news24.com

 

[Carlos Danger]

The original in French says 'Voilà que ZIJIN par cette déclaration, juste après l’Arrêt du ministre des Mines Congolais, Antoinette N’samba Kalambayi'

Arrêt also translates to stop or stoppage in English

VIVE LA RÉPUBLIQUE

 

[Scoota30]

What a rollercoaster of a week it's been. My first thoughts were to take a TO offer for the whole lot because Zijin will no doubt affect the construction timeline if they "lose" their share.

Then I was of the opinion to fuck Zijin and take this thing to ICC as long as it takes, but as everyone has suggested the MoM may be threatening lose of Dathcom ownership and Felix would have stepped in by now if he is to save the day.

It is looking more and more like there may not be around any of this without Zijin's involvement and the Dathomir claim is hanging around like a bad smell. Dathomir don't want to be involved with the project they just want money and Zijin just want to be involved no matter what so now Nigel needs to make his money.

- AVZ still have "legal title to 75%"
- Comineire sell 10% to Zijin and out of good faith they pay $100M to DRC for it. (Zijin also agree to pay 15% CAPEX).
- Comineire concede the remaining 5% to AVZ out of good faith (AVZ pay $50M)
- Zijin pay $50M to Dathomir as a condition of negotiation.
- All parties close ICC cases and sign conditions to not allow anymore ownership claims.
- AVZ only sell 9% to CATH (with a condition to still pay the $240M upfront but $150M under project payback conditions)

AVZ 71% / CATH 9% / ZIJIN 10% / DRC GOV 10%

No more ownership disputes.
No more concern about losing the northern half of 13359.
No interference from Zijin during construction as it is in their interests to succeed.

 

[MoneyBags1348]

What a rollercoaster of a week it's been. My first thoughts were to take a TO offer for the whole lot because Zijin will no doubt affect the construction timeline if they "lose" their share.

Then I was of the opinion to fuck Zijin and take this thing to ICC as long as it takes, but as everyone has suggested the MoM may be threatening lose of Dathcom ownership and Felix would have stepped in by now if he is to save the day.

It is looking more and more like there may not be around any of this without Zijin's involvement and the Dathomir claim is hanging around like a bad smell. Dathomir don't want to be involved with the project they just want money and Zijin just want to be involved no matter what so now Nigel needs to make his money.

- AVZ still have "legal title to 75%"
- Comineire sell 10% to Zijin and out of good faith they pay $100M to DRC for it. (Zijin also agree to pay 15% CAPEX).
- Comineire concede the remaining 5% to AVZ out of good faith (AVZ pay $50M)
- Zijin pay $50M to Dathomir as a condition of negotiation.
- All parties close ICC cases and sign conditions to not allow anymore ownership claims.
- AVZ only sell 9% to CATH (with a condition to still pay the $240M upfront but $150M under project payback conditions)

AVZ 71% / CATH 9% / ZIJIN 10% / DRC GOV 10%

No more ownership disputes.
No more concern about losing the northern half of 13359.
No interference from Zijin during construction as it is in their interests to succeed.

At a quick look the suggestion doesn’t look too bad providing it’s all legally waterproof as (even though we all hate) Zigin, if they could build the infrastructure quicker than anyone and if it got us to production in a year rather than two….

Well there’s your $5 minimum share price in a year…. ($10 the year after @Nuts )

Construction times are not my area of knowledgeable though, and @JAG would have to be the foreman.

Dathomir aren’t owed a single cent, if you looked into the detail you would find that out.

 

[wombat74]

What a rollercoaster of a week it's been. My first thoughts were to take a TO offer for the whole lot because Zijin will no doubt affect the construction timeline if they "lose" their share.

Then I was of the opinion to fuck Zijin and take this thing to ICC as long as it takes, but as everyone has suggested the MoM may be threatening lose of Dathcom ownership and Felix would have stepped in by now if he is to save the day.

It is looking more and more like there may not be around any of this without Zijin's involvement and the Dathomir claim is hanging around like a bad smell. Dathomir don't want to be involved with the project they just want money and Zijin just want to be involved no matter what so now Nigel needs to make his money.

- AVZ still have "legal title to 75%"
- Comineire sell 10% to Zijin and out of good faith they pay $100M to DRC for it. (Zijin also agree to pay 15% CAPEX).
- Comineire concede the remaining 5% to AVZ out of good faith (AVZ pay $50M)
- Zijin pay $50M to Dathomir as a condition of negotiation.
- All parties close ICC cases and sign conditions to not allow anymore ownership claims.
- AVZ only sell 9% to CATH (with a condition to still pay the $240M upfront but $150M under project payback conditions)

AVZ 71% / CATH 9% / ZIJIN 10% / DRC GOV 10%

No more ownership disputes.
No more concern about losing the northern half of 13359.51
No interference from Zijin during construction as it is in their interests to succeed.

Not in the DRC or anyone's best interest for Zijin to f--k around with the build of the mine . DRC want this ASAP .
Agree with you ICC cases will be dropped if there is a negotiating option .
A : AVZ 51% CATH 24% ZIJIN 15% DRC 10% . It will be resliced with AJN taking the north (nthCDL)
B: They try to screw us completely and it ends up in the Courts for the next 2 years .

 

[Scoota30]

At a quick look the suggestion doesn’t look too bad providing it’s all legally waterproof as (even though we all hate) Zigin, they could probably build the infrastructure quicker than anyone and if it got us to production in a year rather than two…. Well?!

That’s not my area of knowledge…. construction times. @JAG would have to be the foreman though

Dathomir aren’t owed a single cent, if you looked into the detail you would find that out. That’s me for the day

Dathomir aren't owed a single cent but if we don't have to pay them and they still end up going away, who really cares.

I might also add that if the negotiations went trough like that:

AVZ removes suspension and retail holders with money locked up can sell instead of having it hostage for another 12 months.
AVZ through Zijin will have access to good communications with Incompetent DRC Gov officials (which seems to be the majority)

 

[Scoota30]

Not in the DRC or anyone's best interest for Zijin to f--k around with the build of the mine . DRC want this ASAP .
Agree with you ICC cases will be dropped if there is a negotiating option .
A : AVZ 51% CATH 24% ZIJIN 15% DRC 10% . It will be resliced with AJN taking the north (nthCDL)
B: They try to screw us completely and it ends up in the Courts for the next 2 years .

It will not be in Zijins interest to fuck around the mine build because the quicker it is built, the quicker they start printing money.

 

[JAG]

 

[Ozthescot]

So much speculation around but as it stands all we can do is wait it out for more news from the company, which under the current circumstances better be in bloody short order!
The board better be there in the DRC themselves sorting this shit out!
Personally i think they have been a bit arrogant regarding the situation and considering the jurisdiction probably not the best approach.

 

[JAG]

 

[JAG]

 

[Carlos Danger]

Not in the DRC or anyone's best interest for Zijin to f--k around with the build of the mine . DRC want this ASAP .
Agree with you ICC cases will be dropped if there is a negotiating option .
A : AVZ 51% CATH 24% ZIJIN 15% DRC 10% . It will be resliced with AJN taking the north (nthCDL)
B: They try to screw us completely and it ends up in the Courts for the next 2 years .

C: No more to pay

 

[Flexi]

MB hope its ok with you as I have posted part of your message on Facebook as below

Over the last 6 years in the DRC, AVZ have carried out Soil Sampling, Field Mapping, Consulting, Drilling, Metallurgical Testing, Completing a FEED Study, Environmental Study and Impact Assessment Reports including Groundwater Management, a 160 page Definitive Feasibility Study, a SEZ Agreement, Tendering for Mining Infrastructure, Legally Obtaining and Paying For an Increased Share of Dathcom, Obtaining Several Offtake Agreements for both Lithium and Tin, Raising Capital, Negotiating Funding with Pan African DFI’s and a Funding and Offtake Agreement with CATH, Presenting at the Battery Minerals Conference, Legally Fulfilling all Requirements to Obtain the Mining License, Including Receiving the Ministerial Decree to Award the Mining License and producing an 85 page Sustainability Report, Spending millions of dollars and Supporting the Local Community….

Now corrupt State owned Cominiere is working with the Minister of Mines and Director General of the DRC Mining Cadastre (CAMI) to deny granting AVZ Minerals a Mining License also allowing Chinese ZinGin to illegally acquire 15% of Dathcom as stated in DRC Inspector General report.

Remember this if you are thinking of investing in mining in the DRC

 

[wombat74]

@wombat74 says “AJN will take the north”

@Scoota30 says “Zigin will have access to good communications with incompetent DRC officials”

I don’t know what the fuck is wrong with you two but I’m definitely gone after reading that shit

Just a prediction mate . AJN can get f--ked .

 

[Ozthescot]

If AJN got there grubby hands on anything they would just flik it to the Chinese for sure!

 

[cruiser51]

What a rollercoaster of a week it's been. My first thoughts were to take a TO offer for the whole lot because Zijin will no doubt affect the construction timeline if they "lose" their share.

Then I was of the opinion to fuck Zijin and take this thing to ICC as long as it takes, but as everyone has suggested the MoM may be threatening lose of Dathcom ownership and Felix would have stepped in by now if he is to save the day.

It is looking more and more like there may not be around any of this without Zijin's involvement and the Dathomir claim is hanging around like a bad smell. Dathomir don't want to be involved with the project they just want money and Zijin just want to be involved no matter what so now Nigel needs to make his money.

- AVZ still have "legal title to 75%"
- Comineire sell 10% to Zijin and out of good faith they pay $100M to DRC for it. (Zijin also agree to pay 15% CAPEX).
- Comineire concede the remaining 5% to AVZ out of good faith (AVZ pay $50M)
- Zijin pay $50M to Dathomir as a condition of negotiation.
- All parties close ICC cases and sign conditions to not allow anymore ownership claims.
- AVZ only sell 9% to CATH (with a condition to still pay the $240M upfront but $150M under project payback conditions)

AVZ 71% / CATH 9% / ZIJIN 10% / DRC GOV 10%

No more ownership disputes.
No more concern about losing the northern half of 13359.
No interference from Zijin during construction as it is in their interests to succeed.

I think the MoM can re-assign 13359 away from Dathcom.
However AVZ's ownership of Dathcom has nothing to do with MoM. It is of course a hollow win.

Just a minor thing to consider.

IMO IMO IMO

Taking 13359 away from Dathcom, after all its work carried out on the lease over the last 6 years, including proving the resource, will raise internationally lots of eyebrows and would do the DRC not a good service.

Re-considering a proven (by its own financial agency) fraudulent transaction, is politically a much smarter strategy.
Negatives of this move is less brown bags.