AVZ Discussion 2022

[JAG]

Interesting document, I am not sure why we agreed to this. Everything was ticked off for mining license, it wasn’t necessary as we could have gone to court if MoM did not approve the decree within 30 days. Why did we had to expedite the mining license?

Remember Nigel's comments at the Perth RS regarding the Northern section?

Did someone smell something?

 

[Roon]

One big question I have now is my understanding was that the expiration of our exploration licence for 13359 was null because of the application to a PE. What happens now that the PE decree was cancelled? We're back to an exploration permit for the entirety of 13359 but that had expired, or do we still have a 'pending' application for a PE which means the passed deadline still doesn't matter?

Hopefully our original four requirements to pass through the application process are still standing, because if the application process needs to be reopened or recompleted that could be another angle Zijin and the corrupt DRC mining Mafia employ to try and swoop Manono.

Has the 30 day clock restarted to receive a new Ministerial Decree I wonder? So many questions...

 

[LX600]

I remember Nigel said something like at the beginning they thought it was FT’s idea to ask them to forfeit north, but AVZ found out it wasn’t FT’s idea, so the shitshow started

 

[Charbella]

Remember Nigel's comments at the Perth RS regarding the Northern section?

Did someone smell something?

Clearly he is back tracking, once we have relinquished it we might not see it again. Hence my question, who gave the legal advice to sign the renunciation application.

 

[Mr Inappropriate]

Remember Nigel's comments at the Perth RS regarding the Northern section?

Did someone smell something?

Sure fucking did.

 

[Xerof]

Sure fucking did.

Yeah, plenty of sniffing on that comment

Hey @JAG do you have a jetty for my boat?

 

[obe wan]

One big question I have now is my understanding was that the expiration of our exploration licence for 13359 was null because of the application to a PE. What happens now that the PE decree was cancelled? We're back to an exploration permit for the entirety of 13359 but that had expired, or do we still have a 'pending' application for a PE which means the passed deadline still doesn't matter?

Hopefully our original four requirements to pass through the application process are still standing, because if the application process needs to be reopened or recompleted that could be another angle Zijin and the corrupt DRC mining Mafia employ to try and swoop Manono.

Has the 30 day clock restarted to receive a new Ministerial Decree I wonder? So many questions...

Application has been submitted, so once your application has been received the timing Is on CAMIs side, so that deadline your company was one up against no longer applies.

 

[Roon]

Application has been submitted, so once your application has been received the timing Is on CAMIs side, so that deadline your company was one up against no longer applies.

Do you know if there's been a similar situation before where the application has been approved and then withdrawn? I can't find one and suspect we may be in a new space. Because right now it's not up to CAMI right? Aren't we back now in MoM territory?

 

[Samus]

#Manono #Lithium With the blocking of the PE at @AvzMinerals, the #RDC has already LOST: - 5 AIRBUS 320 used, 3 HOSPITALS, 285 schools, 100 km road..

 

[Mr Inappropriate]

#Manono #Lithium With the blocking of the PE at @AvzMinerals, the #RDC has already LOST: - 5 AIRBUS 320 used, 3 HOSPITALS, 285 schools, 100 km road..

Ha ha. Has Kiki been reading my posts?

“Make it real, I reckon.

You could contextualise that $ figure in terms of schools, hospitals, roads etc for greater meaning. E.g.

• $22000 per school https://buildaschoolinafrica.org/
• €26 million per hospital https://www.fondationpierrefabre.org/en/combating-sickle-cell-disease/drc-new-hospital-kinshasa/
• Can’t find a cost per km of road,sorry.

AVZ Discussion 2022

Definitely only the northern part Since Zijin Mining, the parent company of JIN CHENG, which is one of the shareholders of DATHCOM, is eager to see the Manono lithium mining project develop successfully, given that the financial capacity, technical as well as operational have been demonstrated...

thestockexchange.com.au

 

[obe wan]

Do you know if there's been a similar situation before where the application has been approved and then withdrawn? I can't find one and suspect we may be in a new space. Because right now it's not up to CAMI right? Aren't we back now in MoM territory?

the application hasn’t been withdrawn ; it’s a partial waiver whereby yes the decrees have been scratched out ; if it was a waiver as opposed to partial waiver then we’d have a problem, as our exploration rights would be gone ; so we’re still in the game with an application whereby environmental , social impact assessment and technical approvals have all been approved which is what is required for approval and from there you wait for the decree to be issued .

Appears MoM is providing some time for Dathcom shareholders legal or not to work things out ; so yes there may well be a timeline they wish to impose on that considering the wording ‘urgent’ and ‘paralysis of project’ , but your guess is as good as mine

 

[Ashlee]

Remember Nigel's comments at the Perth RS regarding the Northern section?

Did someone smell something?

Absolutely it came out of left field and looking at his body language he knew what he was saying was bull shit.
an people weren’t coping it.

 

[Roon]

the application hasn’t been withdrawn ; it’s a partial waiver whereby yes the decrees have been scratched out ; if it was a waiver as opposed to partial waiver then we’d have a problem, as our exploration rights would be gone ; so we’re still in the game with an application whereby environmental , social impact assessment and technical approvals have all been approved which is what is required for approval and from there you wait for the decree to be issued .

Appears MoM is providing some time for Dathcom shareholders legal or not to work things out ; so yes there may well be a timeline they wish to impose on that considering the wording ‘urgent’ and ‘paralysis of project’ , but your guess is as good as mine

Makes sense, I hope our lawyers and Marius are in overdrive. And dare I say even our discussions with opponents.

 

[Samus]

it’s a partial waiver whereby yes the decrees have been scratched out ; if it was a waiver as opposed to partial waiver then we’d have a problem

Hey obe whereabouts is partial waiver mentioned?

 

[obe wan]

Makes sense, I hope our lawyers and Marius are in overdrive. And dare I say even our discussions with opponents.

Yes agree, it’s time to get this shit sorted out , if it requires giving a bit ( not a shit load) in negotiations , so be it

 

[Samus]

Anyway it's a big fucking mess is what it is imo. Since it's all unprecedented I doubt we can expect a resolution to the Exploitation permit within 30 days. That goes out the window.
It seems to be down to negotiations, be great to know if management have even tracked down anybody to negotiate with or had a chat with the MoM or Felix.
That they've still not been able to provide shareholders an update isn't very reassuring.

 

[Onthefm]

Yes agree, it’s time to get this shit sorted out , if it requires giving a bit ( not a shit load) in negotiations , so be it

Definitely

 

[ptlas]

I have a feeling our lawyers are incompetent.

Or they weren't consulted.
Or they're worse than incompetent.

 

[Onthefm]

Anyway it's a big fucking mess is what it is imo. Since it's all unprecedented I doubt we can expect a resolution to the Exploitation permit within 30 days. That goes out the window.
It seems to be down to negotiations, be great to know if management have even tracked down anybody to negotiate with or had a chat with the MoM or Felix.
That they've still not been able to provide shareholders an update isn't very reassuring.

Well they could have released something to sh,s saying that they are actually in country and have deen for some time but have no one to negotiate with and name them. At least its on record.

 

[ptlas]

Or they weren't consulted.
Or they're worse than incompetent.

When this shit settles, is it possible for SH to access the legal advice?