AVZ Discussion 2022

[Birdman7]

From the article

"The under the pump explorer now faces a class action funded by Omni Bridgeway"

Tommy Richardhead has stated the above as a fact

I thought the situation (as per @obe wan ) was that applications to particpate in the class action didn't close until 31st March 2023 and that a class action would only proceed if enough signed up

From Omni's own page they note that the class action has not yet been confirmed as it "is funding or will fund potential claims"
View attachment 32438

So it is not a fact that AVZ "now faces a class action funded by Omni Bridgeway"

Tommy is spreading lies and mis-truths again through the AFR

Winenut, I honestly do not know what journalism students have been or are being taught at University these days. Accurate and verified/verifiable research as well as source credibility does not appear a priority!

It is hardly surprising that Paul Keating and others of his generation go ballistic at reporters when ever the opportunity presents. (eg Keating National Press Club interview Tuesday last)

Continued good luck to all Shareholders.

 

[Winenut]

I couldn't help myself

Tommy is gutter trash

Sent this to the AFR Ed

Fuck 'em

 

[Mr Inappropriate]

Legit question.

How long before people start calling Felix out as corrupt for putting up with corruption in his government?

Im not sure that calling him corrupt would help our cause. I‘d rather we steer clear of that.

 

[wombat74]

"The Company is confident of a positive outcome in relation to the award of the Mining Licence pending resolution of the ICC arbitrations (refer above Cominière and Zijin Mining / Jin Cheng Dispute and Dathomir Dispute below Note 9 Contingencies)."

Hiya gang,
What do y'all think of the possability that there was meant to be a comma, or a "and the" after the word Licence in the above statement?
Meaning they are confident of a posititve outcome for the mining licence AND a positive outcome for the pending ICC cases?
We've seen piss poor proof reading in the past.

I can't imagine they would think it appropriate to communicate in this half ass half hidden manner if it were true that they became aware that there is no ML before the two ICC cases are resolved.
That would be in no way appropriate to shareholders.
I can't imagine the MoM would be ok to wait 18 more months for the resolution.

Hope the company clarifies this soon.

I'm with you Azzler . It must be a mistake with the wording . Otherwise it means Management have been lying to shareholders up to this point . When you think about , it makes no sense . This will not be allowed to drag on until Sept 24 and beyond for a number of reasons we are all aware of .

 

[Sammy_da_Smile]

New TV interview popped up a couple of hours ago with Serge. I'm going to check it out now.

 

[Remark]

Nice bag you got there Princess...

 

[BRICK]

Nice bag you got there Princess...

View attachment 32450

HAHAH A FUCKING SNACK BAG!

 

[JAG]

New TV interview popped up a couple of hours ago with Serge. I'm going to check it out now.

Good to see they are using my picture I sent to Kikki

 

[tonster66]

Not meaning to deflect your question, but that Dathomir bank statement posted by Carlos only shows the reversal of the 20M out of the bank account - the incoming deposit appears to be redacted.


Having Dathomir bank statement is a coup
the only person I know of who claims to have corresponded with Cong is der Giest. Just saying

Yep the same person also stated that cong had returned the money to AVZ, however the terms of the contract of sale had been completed eg. AVZ had fulfilled their requirements to purchase the additional shares. I was informed that the money that cong returned is sitting in a separate account. At the time of the AGM it was still in that account

 

[Samus]

Yep the same person also stated that cong had returned the money to AVZ, however the terms of the contract of sale had been completed eg. AVZ had fulfilled their requirements to purchase the additional shares. I was informed that the money that cong returned is sitting in a separate account. At the time of the AGM it was still in that account

By my recollection at the roadshow Nigel explained it that the money had been put into Escrow (as per the contract) but not withdrawn by Cong.

 

[tonster66]

By my recollection at the roadshow Nigel explained it that the money had been put into Escrow (as per the contract) but not withdrawn by Cong.

I can only state what I was told and he was very emphatic about it. I had no cause to no believe him.

 

[Li-AusPol]

"The Company is confident of a positive outcome in relation to the award of the Mining Licence pending resolution of the ICC arbitrations (refer above Cominière and Zijin Mining / Jin Cheng Dispute and Dathomir Dispute below Note 9 Contingencies)."

Hiya gang,
What do y'all think of the possability that there was meant to be a comma, or a "and the" after the word Licence in the above statement?
Meaning they are confident of a posititve outcome for the mining licence AND a positive outcome for the pending ICC cases?
We've seen piss poor proof reading in the past.

I can't imagine they would think it appropriate to communicate in this half ass half hidden manner if it were true that they became aware that there is no ML before the two ICC cases are resolved.
That would be in no way appropriate to shareholders.
I can't imagine the MoM would be ok to wait 18 more months for the resolution.

Hope the company clarifies this soon.

I’ve been thinking about this all day.

Why the massive change by the company regarding the award of the ML in relation to ICC????

Well the only thing that has changed since Nigel and Ben stated that the award of the ML is NOT dependent on the outcome of the ICC cases….

- is the reversal of the ministerial decree for the mining licence.

I cannot think of any other valid reason as to why the company has completely changed its point of view

I just wish they tell us ‘the shareholders’ exactly why?

It’s not good enough making such a statement in the financial report with no explanation.

 

[Winenut]

By my recollection at the roadshow Nigel explained it that the money had been put into Escrow (as per the contract) but not withdrawn by Cong.

I believe that to be the case too Sam

The money was deposited into the correct nominated account as per the transactions arrangements. ie payment and transaction was completed

But Cong has let the money sit in the transaction account and has not transferred it elsewhere then has been using that as some sort of excuse or reason to say the sale was not completed

Which is absolute bullshit and Cong's only tried this on once he realised in hindsight that he sold the asset for less than it's proven to be worth and now he's crying out for more money

What a fucking joke

 

[wombat74]

Is there the risk of the MoM scraping AVZ all together if this goes on for much longer ? Does she have the power to that ?
Do we run the risk of extinction if the option of Zijin taking 15% and Cong getting a bigger cut$$ is on the table and we dont take it? It would definitely leave a bitter taste . However getting completely f--ked over would be worse. Not saying it's the way we should
go while the other options are still available . I just don't want another surprise announcement from the MoM saying AVZ
your time is up bye bye . My thinking is this needs to get sorted prior to the ICC and soon .

 

[Bin59]

New TV interview popped up a couple of hours ago with Serge. I'm going to check it out now.

Hi @Sammy_da_Smile , was there anything interesting or new to share from today’s interview with Serge?

 

[Samus]

Hi @Sammy_da_Smile , was there anything interesting or new to share from today’s interview with Serge?

I watched this in it's entirety, mostly Serge explains technical aspects of the project but at one point he mentions something along the lines that Sama Lukonde is the one who could take this for consideration at the council of ministers. Seems to me from recent photos the guy is definitely in cahoots with Adèle Kayinda Mahina as suspected and it makes more sense why our plight has still not been raised.

 

[Carlos Danger]

Yep the same person also stated that cong had returned the money to AVZ, however the terms of the contract of sale had been completed eg. AVZ had fulfilled their requirements to purchase the additional shares. I was informed that the money that cong returned is sitting in a separate account. At the time of the AGM it was still in that account

By my recollection at the roadshow Nigel explained it that the money had been put into Escrow (as per the contract) but not withdrawn by Cong.

Here is the video of Christian Lukusa's interview. The document is shown at 20:18. I'm only basing my assumption that the money was paid into Dathomir's bank account and then reversed off this bank statement made public in an interview with AVZ's lawyer.

The name of the account being Dathomir and the amount in question being 20m USD that is labelled 'AVZ reversal' on August 27th 2021 corresponding to the redacted deposit early that month is pretty conclusive. This is the exact time that AVZ claim to have completed the transactions in official announcements.

It's likely AVZ initially paid into an escrow account and that the money was returned there by Dathomir where it still sits. I wasn't aware of there being an escrow account and it's trivial to the overall point. AVZ paid Cong how and when he stipulated in the agreements. That's why AVZ now claim good legal title to 75% ownership. Cong can cry all he wants but it's obvious that he just wants more money because the lithium price went up after he sold.

 

[Winenut]

Here is the video of Christian Lukusa's interview. The document is shown at 20:18. I'm only basing my assumption that the money was paid into Dathomir's bank account and then reversed off this bank statement made public in an interview with AVZ's lawyer.

The name of the account being Dathomir and the amount in question being 20m USD that is labelled 'AVZ reversal' on August 27th 2021 corresponding to the redacted deposit early that month is pretty conclusive. This is the exact time that AVZ claim to have completed the transactions in official announcements.

It's likely AVZ initially paid into an escrow account and that the money was returned there by Dathomir where it still sits. I wasn't aware of there being an escrow account and it's trivial to the overall point. AVZ paid Cong how and when he stipulated in the agreements. That's why AVZ now claim good legal title to 75% ownership. Cong can cry all he wants but it's obvious that he just wants more money because the lithium price went up after he sold.

"AVZ paid Cong how and when he stipulated in the agreements. That's why AVZ now claim good legal title to 75% ownership. Cong can cry all he wants but it's obvious that he just wants more money because the lithium price went up after he sold."

 

[MoneyBags1348]

Here is the video of Christian Lukusa's interview. The document is shown at 20:18. I'm only basing my assumption that the money was paid into Dathomir's bank account and then reversed off this bank statement made public in an interview with AVZ's lawyer.

The name of the account being Dathomir and the amount in question being 20m USD that is labelled 'AVZ reversal' on August 27th 2021 corresponding to the redacted deposit early that month is pretty conclusive. This is the exact time that AVZ claim to have completed the transactions in official announcements.

It's likely AVZ initially paid into an escrow account and that the money was returned there by Dathomir where it still sits. I wasn't aware of there being an escrow account and it's trivial to the overall point. AVZ paid Cong how and when he stipulated in the agreements. That's why AVZ now claim good legal title to 75% ownership. Cong can cry all he wants but it's obvious that he just wants more money because the lithium price went up after he sold.

When you click on that link in your post now Carlos, a YouTube clip of Mills Tshibangu comes on…. He he is one of the Twitter posters who have been criticising (if not trying to undermine) AVZ.

He is giving AVZ a right if reply via Christian Lukusa and it seems our attorney is doing a good job presenting the facts!

Getting a bit tired of watching all the translated sub titles but excellent to see Marius’s interviews being followed up by Lukusa’s

@Spikerama it looks like it would be an excellent time to post AVZ’s achievements to back up these interviews and just focus any criticism on Cominiere, Zigin and Dathomir’s illegal actions

Christian also mentioning how much money the DRC is losing every day by CAMI not granting our ML so obviously that moving graph of yours is an excellent reminder

Nice to see our representatives in the DRC doing a good job….

At the end Mills Tshibangu says the President is following this file and then Mills goes on to give praise to the MoP

A lot of people want justice, I’ll be happy if Felix gives us full ownership and the ML, but no doubt there’ll be others that won’t be happy until she goes…. Shareholder’s need to be realistic, it might not happen

Mills goes on to say that Felix wants further negotiations because he wants the DRC to get more out of it…. so hopefully we won’t get the continued winging about Nigel and the BOD when it’s obvious it’s the DRC politicians that are fucking us around

Fucken quiet in here tonight

 

[Hemicuda]

When you click on that link in your post now Carlos, a YouTube clip of Mills Tshibangu comes on…. He he is one of the Twitter posters who have been criticising (if not trying to undermine) AVZ.

He is giving AVZ a right if reply via Christian Lukusa and it seems our attorney is doing a good job presenting the facts!

Getting a bit tired of watching all the translated sub titles but excellent to see Marius’s interviews being followed up by Lukusa’s

@Spikerama it looks like it would be an excellent time to post AVZ’s achievements to back up these interviews and just focus any criticism on Cominiere, Zigin and Dathomir’s illegal actions

Christian also mentioning how much money the DRC is losing every day by CAMI not granting our ML so obviously that moving graph of yours is an excellent reminder

Nice to see our representatives in the DRC doing a good job….

At the end Mills Tshibangu says the President is following this file and then Mills goes on to give praise to the MoP

A lot of people want justice, I’ll be happy if Felix gives us full ownership and the ML, but no doubt there’ll be others that won’t be happy until she goes…. Shareholder’s need to be realistic, it might not happen

Mills goes on to say that Felix wants further negotiations because he wants the DRC to get more out of it…. so hopefully we won’t get the continued winging about Nigel and the BOD when it’s obvious it’s the DRC politicians that are fucking us around

Fucken quiet in here tonight

What’s there to say,,,,,,,