AVZ Discussion 2022

[Carlos Danger]

After a dry few months the champagne flowed across the sector

LTR holders must feel like a kid on Christmas morning

 

[hedrox]

It looks like John Clarke is in talks with the lithium hungry world in London today........something is moving..Go AVZ

 

[hedrox]

 

[cruiser51]

DRC-Mines: the government suspends the activities of the Chinese company JIANG MINING SPRL following the pollution of the Aruwimi River​

March 28, 2023 NEWSCD No comment

The government of the Republic suspends the activities of the Chinese mining company JIANG MINING SPRL, accused of illicit exploitation and of being at the root of the water pollution of the Aruwimi river (La Lohale), in the province of Tshopo.
This is what emerges from a decision signed on March 25 by the Minister of Mines, a copy of which has reached our editorial office. In her letter, Antoinette Kalambayi, who cites her sources, notes that this company engaged in the exploitation and extraction of gold ore, diamonds and rare metals on the bed of the Aruwimi river, without authorisation.
Qualifying this behavior as a repeat offender, the Minister of Mines decided, on behalf of the Congolese government, to suspend all activities of JIANG MINING SPRL.
To this end, it instructs the head of the provincial mining division in the Tshopo to take all necessary measures to ensure that the minerals exploited by this company are confiscated in compliance with the legal provisions.
This decision also follows the visit in January 2022 of the Deputy Prime Minister, Minister of the Environment and Sustainable Development, Ève Bazaïba Masudi to Basoko to get an idea of this pollution.
JJ KITENGE

 

[Bin59]

After its confirmation to the Sama2 government as "ALDEC", the MinÉtat in charge of portfolio NOBLELY dismissed 60% of its cabinet, all from the AFDC of Bahati, its former political grouping. She wanted to communicate it in the presence of the concerned after several humiliations.

 

[Bin59]

View attachment 33125

Both Nigel and John are speakers at this event - not sure why both would need to attend/speak.

Aspermont Corporate

london.miningjournalselect.com

 

[TheCount]

A lot of posters don't understand the rules around SEZ eligibility in DRC , mining companies are not eligible for SEZ benefits in DRC, as they don't value add, however as we are processing the SC6 into PLS we are adding value to the mining of SC6 by conversion into PLS, we are eligible for inclusion in the SEZ to the extent of the PLS plant. The PLS plant ideally should be in a SEZ zone, but is currently not, so may be annexed under the Lubumbashi SEZ. The PLS plant is integral to the battery manufacture process, it needs to be completed before battery manufacturing is even piloted. Otherwise the SC6 from Manono needs to be sent to test lab in Canada and back to DRC. AVZ holds the technology for the PLS plant, and isn't likely to release the technology to others.

So we will effectively have a mining operation (outside of SEZ Eligibility and paying taxes at normal DRC rates) which then sells part of its product to a PLS facility (Bean counters , will note transfer pricing rules apply here, unlike corrupt Chinese, yes I am a bean counter like the Count and hung out at same watering holes , at the same time, so I may have met him) , the value add provided by the PLS plant (ie profit, will be eligible for a SEZ hopefully) , trusting that BOD has worked this out.

We kind of have a partial eligibility to be on the battery council, as we are integral part of value adding via PLS plant, ideally we could put PLS plant in Lubumbashi, to simplify, but BOD want jobs in Manono, that is PLS Plant 1 and 2, there is also a rumour of PLS plant 3, 4 & 5, no idea where they would be located. (but hopefully in SEZ zone in Lubumbashi or close by to spread the joy to the East of DRC)

The monster of Manono that we have will benefit the DRC via setting up these SEZ elibile plants close to adequate power plants (limiting factor as to why Manono only has PLS 1 and 2)

So whether we like it or not we are integral to battery manufacturing in DRC, its just that the MK2 battery council hasn't worked this out yet

Huge profitability in developing the PLS plants in DRC, forget the Liontown, offer , not only do we have the resource, we have technology ready to rollout to take advantage of the lowest cost production of batteries in the world, and expand within country, wherever their is suitable power stations and infrastructure. $12 plus share price is a reality , our offer to DRC government is they will get 20% of what we get as a shareholder in the Dathcom venture (10% Dathcom / 10% AVZ), Zero cost base, say equivalent

AVZ 350 Million Shares as part of 15% offer (10% holding) x $12 then double it for their direct holding (my calculator doesnt have enough digits to work out the bonanza DRC goverment is sitting on , but has utterly lost track due to corruption and incompetance)

Nice well laid out answer. I've done the calculations on my own device and I too don't have enough digits on the screen - this is all I came up with...

TC.

 

[Roon]

Both Nigel and John are speakers at this event - not sure why both would need to attend/speak.

Aspermont Corporate

london.miningjournalselect.com

Paid trip to London, isn't it? I'd take it.

 

[Samus]

After its confirmation to the Sama2 government as "ALDEC", the MinÉtat in charge of portfolio NOBLELY dismissed 60% of its cabinet, all from the AFDC of Bahati, its former political grouping. She wanted to communicate it in the presence of the concerned after several humiliations.

The State of public companies of Manganese and Gold (Kisenge-Manganese of Dilolo in Lualaba), Gold based in Watsa and Bunia (Sokimo in Haut Uele and Ituri), Tin-Tantalum-Lithium (Cominiere de Manono), Sakima ( Kivu) Diamonds (Miba in Kasai) forces the resignation of MinPortefeuille.

 

[Charbella]

In the DEC program, @julienpalukucom talks about two studies being conducted by the government in terms of projects:

1. Creation of the ZES in Manono focused on Lithium exploitation.
2. Processing of precursors used in the manufacture of electric batteries.

 

[Retrobyte]

View attachment 33125

Nige and JC were both originally listed to speak, but Nige wasn't on the final agenda - obviously he has bigger fish to fry at the moment.

The five person panel JC was on was chaired by Tom Albanese and was to discuss investment opportunities in gold. Haven't found any video or recording of the session so don't know if JC slipped in anything about AVZ while he was at it.

However, that event also has a number of behind closed doors personal meetings between investors and representative from mining companies, but again, I don't know if JC had any of those type of meetings lined up.

 

[John25]

P

Nige and JC were both originally listed to speak, but Nige wasn't on the final agenda - obviously he has bigger fish to fry at the moment.

The five person panel JC was on was chaired by Tom Albanese and was to discuss investment opportunities in gold. Haven't found any video or recording of the session so don't know if JC slipped in anything about AVZ while he was at it.

However, that event also has a number of behind closed doors personal meetings between investors and representative from mining companies, but again, I don't know if JC had any of those type of meetings lined up.

probably booked up flights/expenses to AVZ to talk about gold …Glad to see he didnt make much effort in his personal presentation …wouldnt of recognised him otherwise

 

[Spikerama]

P

probably booked up flights/expenses to AVZ to talk about gold …Glad to see he didnt make much effort in his personal presentation …wouldnt of recognised him otherwise

Right? He looks like an unemployed vagrant. FFS sharpen up man. Spend a few bones on personal grooming. Not as if we don't pay you enough

 

[CHB]

Dialogue Entre Congolese” by @radiookapi @MONUSCO this evening on the agreement between DRC-Zambia on the value chain of electric batteries. Good debate with Hon @julienpalukucom, Hon Emmanuel Mukundi and @FranckFwamba. SEZ Manono, lithium, @AvzMinerals PE Dathcom mentioned.

 

[Mickyb64]

The State of public companies of Manganese and Gold (Kisenge-Manganese of Dilolo in Lualaba), Gold based in Watsa and Bunia (Sokimo in Haut Uele and Ituri), Tin-Tantalum-Lithium (Cominiere de Manono), Sakima ( Kivu) Diamonds (Miba in Kasai) forces the resignation of MinPortefeuille.

Is this stating that the Minister for Portfolio (The green bitch) has resigned?

 

[Dijon101]

Right? He looks like an unemployed vagrant. FFS sharpen up man. Spend a few bones on personal grooming. Not as if we don't pay you enough

JC's presentation.

"Fuck investing in the DRC, it's aged me 20 years"

Disclaimer
#1 I'm still optimistic that we will pull through all this shit.
#2 Still to many false dawns to use "ML" and "imminent" in the same sentence.....

 

[Roon]

Is this stating that the Minister for Portfolio (The green bitch) has resigned?

She just ousted half of her management staff - probably referring to that. Or calling on her to resign. But she's not going anywhere

 

[Hemicuda]

An important piece of this mess of a puzzle would be the outcome of the ICC case between COMINIERE and MMCS, over the 5% illegally granted to MMCS by our beloved Princess. COMINIERE really, really need this 5% back, to be able to cede 10% to DRC state, with the 15% remaining clear for us to be able to negotiate with DRC over (or worst case Zijin keeps it)

The last I heard was the parties had 90 days to come to an agreement, but nothing has surfaced.

Would anyone with Congolese connections other than Princes and self appointed entrepreneurs called William, like to make enquiries? Marius, Franck or Kiki might be able shed light on this (although things have gone frighteningly quiet over there since the Cabinet reshuffle)

Nfi mate, just calling out a flog when I see it,

 

[Retrobyte]

But she's not going anywhere

I think we will have to accept that she's staying because she influences enough votes to aid Felix's relection chances. But that doesn't mean she won't have a fence put around her to neutralise her involvement in the ML.

 

[TheCount]

Right? He looks like an unemployed vagrant. FFS sharpen up man. Spend a few bones on personal grooming. Not as if we don't pay you enough

Nice watch though.
TC.