AVZ Discussion 2022

[MoneyBags1348]

Sausage sizzle is on …

Hope you’re not offended John, I’m going to @JAG’s…. He’s got lobsters and @BEISHA and @Cashcity are bringing their porno’s, the only way you can compete with that is if you can get Nell’s to do her nude run over the bridge (as promised!)

Oops I just realised…. You never even invited me to your sausage sizzle so I don’t have to worry about you being offended

 

[Carlos Danger]

Somehow you have to bring race or gender into it

A memorandum from women's civil society organizations submitted to the Prime Minister's Office - ACP

Kinshasa, July 10th, 2021 (CPA).- The women's organizations of the Civil society filed Thursday with the Prime Minister and Head of Government, Jean –Michel Sama Lukonde, a memorandum in order to support the handing over and taking over to the Directorate of Mining Cadastre (CAMI). These...

acpcongo.com

Kinshasa, July 10th, 2021 (CPA) - The women’s organizations of the Civil society filed Thursday with the Prime Minister and Head of Government, Jean –Michel Sama Lukonde, a memorandum in order to support the handing over and taking over to the Directorate of Mining Cadastre (CAMI).

These signatory organizations of this memorandum indicated that the CAMI is one of the five establishments in the mining sector in which the Head of State had appointed new officials on December 27, 2018 and the only institution where the handover and takeover did not occur. has never taken place until this day, before deploring that it was after several maneuvers by dignitaries of the former regime obstructing the execution of the acts of the President of the Republic against a background of political calculations and devoid of patriotism.

This approach in a vital sector for the Congolese nation against a woman who is the pride of the Congolese State by her know-how, is in contradiction with the vision of the Head of State which consists in participate competent women in the management of public affairs, supported these members of civil society, brandishing the presidential ordinance no 18/138 of December 27, 2018 published in the official journal appointing Ms. Chantal Bashizi Lembo as director General of CAMI.

According to these social actors, the various postponements of the handover yet instructed by the Minister of Mines constitute delaying tactics tending to prevent Ms.Chantal Bashizi from officially implementing the changes that she has incorporated into the revised Mining Code as as Vice-President of the Government Commission responsible for revising the Mining Code.

Among these signatory organizations of the memorandum, we find in particular Femmes solidaires, (FESO), Network for the integral development of Congo (REDIC), Solidarity of women on the Congo River (SOFFLECO), Hope mama Africa (HMA), Oisillons groupe – le monde by the feminine.

 

[Shire]

Somehow you have to bring race or gender into it

If FIRB stopped the YIBIN deal because they had an interest in Australia's requirement for critical minerals, would they be interested in the Chinese using corruption to try and steal Manono?

 

[TDITD]

If FIRB stopped the YIBIN deal because they had an interest in Australia's requirement for critical minerals, would they be interested in the Chinese using corruption to try and steal Manono?

Different Government in now, although the thematic surrounding strategic minerals hasn't changed. I doubt we could do much, but I dare say they may tap their bigger stronger older brother on the shoulder an tell him that Zijin are not playing fair (USA btw)

 

[Charbella]

Sent this to the AFR:

Good morning,

I would like to make a formal complaint about Tom Richardson and his recent articles regarding AVZ Minerals. The 'stories' are extremely one sided, overly suggestive and have a number of factual errors or omissions.

I note that the recent ruling against the AFR for very similar type of reporting where Justice Anna Katzmann found that the articles were "spiced with an account of suspicious circumstances" against a politician. And that, "The ordinary reasonable reader is prone to loose thinking and reads between the lines. And that is precisely what the respondents encouraged them to do. This article was

Should we all send this to the AFR?

I will be doing that today. Enough is enough!

 

[Dazmac66]

Should we all send this to the AFR?

Need to include MoneyBags points in a previous post regarding the work AVZ have done to reach this point, it is gold. If some of the more gramatically gifted(retired) posters could create a generic letter that we could distribute widely I am sure it would be embraced by many. Possible recipients:
ACMA
Media Watch
60 Minutes
DFAT
Press Council
DRC Presidents office
F#uck the AFR!
MoM
MoP
Applicable US government agencies.

Cheers Dazz

 

[Doc]

Sausage sizzle is on …

I’ll bring a loaf of bread. Sorry it’s all I can afford with money tied up in this for so long….

 

[Thaz]

Need to include MoneyBags points in a previous post regarding the work AVZ have done to reach this point, it is gold. If some of the more gramatically gifted(retired) posters could create a generic letter that we could distribute widely I am sure it would be embraced by many. Possible recipients:
ACMA
Media Watch
60 Minutes
DFAT
Press Council
DRC Presidents office
F#uck the AFR!
MoM
MoP
Applicable US government agencies.

Cheers Dazz

I spent a little bit of time to put one together:

[REDACTED]

 

[RHyNO]

he’s so obviously in cahoots with boat man it’s clearly in breach of any journalistic standards that these chumps claim to adhere to! A letter is an excellent idea. Good work all

 

[Mr Inappropriate]

Now, how to I get the Australian Government interested in this debacle?

I’ll privately share with you what I sent to the U.S state department. Not posting it here: not all eyes here are friendly.

 

[Samus]

Anyone else notice all of our DRC advisors believe our fate is in the hands of God?
Not very reassuring as an atheist.
Maybe I'll become agnostic if we get through this shitshow in the end.

 

[Hemicuda]

Classic... i wonder who will get accidentally shot by him on set?

NNOOO! wait dont answer that ANYONE! you dont want to incriminate yourselves!

How many shareholders is there?

 

[John25]

I’ll bring a loaf of bread. Sorry it’s all I can afford with money tied up in this for so long….

Thats why we are having no frills Vegan sausages

 

[Remark]

Thats why we are having no frills Vegan sausages

I'll have mine with extra gluten please John

 

[TDITD]

I’ll bring a loaf of bread. Sorry it’s all I can afford with money tied up in this for so long….

No need to show off

 

[TheCount]

Thats why we are having no frills Vegan sausages

No fucking way!! I bet the dogs eat better than that .. .. ..
TC.

 

[grassseeds]

My perception is that the longer this problem lasts the weaker AVZ's position becomes. I feel that the DRC Govt. is now getting up steam to be reelected, and they need to shore up support even with corrupt officials. When you add the Chinese influence on the economy these factors diminish the importance of AVZ and Manono. Irrespective of AVZ's legal position ( which may be relatively strong ) the only solution i see is that AVZ needs to do deals with Dathomir and Comminiere. The strategy needs to be 51% of something is better than 75% of nothing.
Dathomir may be the easiest, and if AVZ assign their rights to Cath and they buy out Dathomir's 15% this removes one obstacle. The terms that AVZ has with Cath may include some reimbursement to AVZ on work completed to date. Cath then have 15% plus AVZ sale for 9% gives them the 24% of the project ( AVZ back to 51% ).
By isolating Comminiere with its 20 or 25% ( ? MMCS ) AVZ can remake its offer for the 10 or 15%. AVZ have then shown that in spite of corruption, they have made an attempt to finalise the shareholder issue. This gives the DRC Govt an excuse to support AVZ by overriding Comminiere if they are being obstinate. If that doesn't work they may have to accept Zijin as a partner.
The thrust of this scenario is to get the ML asap and be prepared to compromise. Without the ML AVZ is worth peanuts.
AVZ also has a number of issues to also finalise. The hydro power plant, The dismissal of the outstanding fine and gaol warrant against its Director, the collaboration agreement and the SEZ.

Even if AVZ gets past this ML situation i still see pressure being applied for a takeover of Dathcom. My impression is that Chinese interests already have a strong holding in AVZ. To counteract this block AVZ needs to get more outside support from possible US or Europe corporations.

The next couple of months will be interesting and we can only hope that shareholders get some reward for their investment.

These opinions are my own and i have not relied on any information from any other person or company. Do your own research.

 

[Carlos Danger]

If we get shafted will the legal action we take put further delays on the project ? Would give us some leverage if it does .

Nigel allegedly said at one of the roadshows that if the DRC government took the tenement off us then we would seek 10b in damages at the ICC

My conclusion from that is if we get shafted then the project will go ahead without us

 

[Winenut]

My perception is that the longer this problem lasts the weaker AVZ's position becomes. I feel that the DRC Govt. is now getting up steam to be reelected, and they need to shore up support even with corrupt officials. When you add the Chinese influence on the economy these factors diminish the importance of AVZ and Manono. Irrespective of AVZ's legal position ( which may be relatively strong ) the only solution i see is that AVZ needs to do deals with Dathomir and Comminiere. The strategy needs to be 51% of something is better than 75% of nothing.
Dathomir may be the easiest, and if AVZ assign their rights to Cath and they buy out Dathomir's 15% this removes one obstacle. The terms that AVZ has with Cath may include some reimbursement to AVZ on work completed to date. Cath then have 15% plus AVZ sale for 9% gives them the 24% of the project ( AVZ back to 51% ).
By isolating Comminiere with its 20 or 25% ( ? MMCS ) AVZ can remake its offer for the 10 or 15%. AVZ have then shown that in spite of corruption, they have made an attempt to finalise the shareholder issue. This gives the DRC Govt an excuse to support AVZ by overriding Comminiere if they are being obstinate. If that doesn't work they may have to accept Zijin as a partner.
The thrust of this scenario is to get the ML asap and be prepared to compromise. Without the ML AVZ is worth peanuts.
AVZ also has a number of issues to also finalise. The hydro power plant, The dismissal of the outstanding fine and gaol warrant against its Director, the collaboration agreement and the SEZ.

Even if AVZ gets past this ML situation i still see pressure being applied for a takeover of Dathcom. My impression is that Chinese interests already have a strong holding in AVZ. To counteract this block AVZ needs to get more outside support from possible US or Europe corporations.

The next couple of months will be interesting and we can only hope that shareholders get some reward for their investment.

These opinions are my own and i have not relied on any information from any other person or company. Do your own research.

I agree the longer we wait the weaker AVZ's position becomes

It's already taken too long which is partly the reason for the DRC now forcing our hand

There needs to be a watertight and appropriate deal done to move the project forward, AVZ trading again and the mine progressed

AVZ shareholders need a mechanism to be able to sell their stock if they so wish.....God knows we've been made to suffer enough

It is absolutely futile for AVZ to continue to hold out and rely on the law to provide the correct outcome here

The DRC has proven to the whole world that the letter of the law there means absolutely nothing and that legal rights and good legal title are concepts that are unenforceable and can simply vanish at the stroke of a corrupt ministers pen

 

[Winenut]

Nigel allegedly said at one of the roadshows that if the DRC government took the tenement off us then we would seek 10b in damages at the ICC

My conclusion from that is if we get shafted then the project will go ahead without us

From what I can see ICC rulings mean fuck all and are not enforceable

You might win the case but you'll never see the money