AVZ Discussion 2022

[MoneyBags1348]

Shit …Bags Dont worry about selfies …we have her running across The West Gate Bridge 2.8 klm in length when we come out of suspension .Whilst on mindless jobs bags …we’ve got a load of road works going on over here at present & spotted my ideal job

After passing countless road signs & cones (traffic that is) you come to a set of lights ….which usually read ….traffic starts coming in the opposite direction following a white ute .Ute pulls over allowing following traffic to pass then proceeds to opposite lane .On green light you are allowed to follow Ute which carries a sign “Follow Me” the poor bastard changing traffic signals are on their feet exposed to the sun plus in verbal range of passing traffic …So rounding it off …thats my ideal SIGN job …”Follow Me” …Thanks all for a great forum …the trolls are so easily recognised …banter is sometimes aggressive but respectful because we are mostly in the same boat …some days it may seem the “Titanic “others the “Sea Princess “ hope your team wins or you back a few winners sure cheaper than therapy
View attachment 33394

Here’s my kind of traffic controller John. He gives directions on bridges as well…. Might even do a good job of controlling the traffic here, including telling me where to go



@Sammael I follow a lot of news like your last post refers to and I’m starting to wonder if a certain President in Africa shares a lot of similarities with a certain former President in the US currently facing indictment charges

It doesn’t seem normal when someone who wears watches worth several hundred thousand dollars, and has known about the corruption we have had to deal with for the last year isn’t prepared to take action against these corrupt non state actors

Simon Cong is a non state actor….
“If presidential palaces are symbols of the power of heads of state, other places and buildings still play a crucial role. This is the case of the Fleuve Congo, whose 22 floors and old-fashioned charm dominate the heart of Kinshasa.”

It is where the Congolese state accommodates its guests and some of its dignitaries. Some government figures even have year-round reservations. With rooms that cost between €300 ($299) and €1200 a night, guests are bound to be important.

Simon Cong is a key intermediary between the Congolese state and several large Chinese companies. He owns Sopeco, the company that manages the tolls on the road between Kinshasa and the port of Matadi, and on the road between Kolwezi and Lubumbashi, in Katanga. He is also close to Guy Loando Mboyo, a lawyer who became Tshisekedi’s minister for territorial development with the rank of minister of state.

The Fleuve hotel is also the headquarters of the Congo Construction Company, a company owned by Du Wei, a friend of Cong. The businessman is also well known in Kinshasa and his company is one of the major actors exposed by ‘Congo Hold-up‘, the investigation led by a consortium of media and NGOs on the massive embezzlement of funds during Joseph Kabila’s reign for alleged roles in the ‘contract of the century’- an agreement signed between the DRC and China that has never been honoured.

 

[Onthefm]

Interesting point Sammael.

We tend to view things through a Western lens where the separation of powers, rule of law and accountability are givens. We denounce and condemn graft and corruption. However, other countries, including the DRC have a different set of values, particularly where government and business intersect. Regardless of whether we like it or not, graft, corruption and payola are accepted ways of getting things through an opaque and often moribund system.

While AVZ should not engage in corruption, it helps to understand the local context and negotiate agreements that all sides can live with, rather than perhaps fighting a losing head-to-head battle. AVZ cannot win a zero sum game when the table is rigged and the umpire makes up the rules on the fly. That means ultimately giving something in order to remain in the game.

Cheers
F

You mean like the 50 mil 12 months ago that could of been an adjustment to the sale price due to the Stella dfs. And help to bring forward the ml. Yep .

 

[Samus]

Any idea who the Congolese Twitter influencers are?

@KasongoKas is one of them who often speaks about avz, as for others who speak more broadly about western/congolese politics I've come accross them but don't remember any names.
In twitter I find it is better to follow a bunch of people who speak in relation to AVZ and about congolese politics than to put things like '$AVZ' or '#Manono' in the search terms, this way you get a broader representation of people speaking about issues relating to AVZ, Manono and political corruption even if they're not tagging the subject.

 

[Samus]

You mean like the 50 mil 12 months ago that could of been an adjustment to the sale price due to the Stella dfs. And help to bring forward the ml. Yep .

You mean like giving in to bribery and paying Cong 50 mil opening the flood gates to have Chinese and corrupt officials crawling all over eachother to grab nigel by the balls and demand a slice of pie?
Just another way to look at it.

 

[Onthefm]

You mean like giving in to bribery and paying Cong 50 mil opening the flood gates to have Chinese and corrupt officials crawling all over eachother to grab nigel by the balls and demand a slice of pie?
Just another way to look at it.

Grabbing nigle by the dolls and demanding a bigger slice. Isn't that exactly what has happened? Even with all the drc laws and all the secret squirrel shit.

 

[Rediah]

Not AVZ related, but still indirectly it is.

I am not worried about us missing out on selling our goods, as long as we are allowed to mine, we will be fine

$5 $10 $15 $20


"That will need a lot of lithium," he said, according to The Detroit News. "Not only the lithium may not be enough, but the concentration of the mining of lithium may create other geopolitical issues."

 

[BEISHA]

Nothing new here, but just another deeply concerning video about the engrained deep rooted influence China has in not only the DRC but Africa as a whole.



In essence, China controls Africa and its decision making, which no doubt , is the core problem with AVZ obtaining a ML.

With the sheer size and grade of Manono as per this bubble chart (with AVZ bubble only representing RD and not CDL, so potentially 3 / 4 times bigger ), it completely encapsulates its world peers , so China influence is working really hard to garner control of this project , so they can ultimately control the global lithium price mechanism, like they do with rare earths and other commodities.

China has long seen Africa as the mineral solution to the worlds needs, which is why they have muscled their way into African culture decades before the west , belatedly the US and other european countries have seen the light and now making overtures towards Africa, so now its become a geopolitical football with China being the front runner by a country mile.

Speaking of geopolitical footballs, and this is slightly offtopic when it comes to the fight for Manono, but never the less demonstrates the lengths via corruption or otherwise China is prepared to go for world dominance......semiconductor micro chips.

You might have read stories about chip embargoes directed towards China from the west recently, well the facts remain, China is not a country that revolutionises technology, it steals technology ( similar to what they are trying to do with Manono ) or uses its financial clout to buy out leading companies.......something they have been doing for decades .

This is a fascinating video below that depicts that fact



So what is the REAL reason why China wants to invade / control TAIWAN ?





Forget about all this sovereignty bullshit that China claims it has over Taiwan and they should re unite , China couldnt give a shit about that........it has other motives, which also explains why the US are prepared to defend Taiwan even tho its not a NATO member......


I guess why i am highlighting all these reveals , which as i said before is nothing new if you study China progression over the years, is that i really didnt like the tone of the belated AVZ announcement via the ASX on Friday.........

"The Company is concerned that the continued activity of the hostile non-state
actors may influence the decisions of the key authorities in DRC in a manner that
is contrary to applicable law and materially adverse to the interests of the
Company."


I am not suggesting for one minute that Manono will be stolen from us completely, but me thinks that serious concessions will have to be considered by the BOD due to the mighty influence that China has over the DRC and FT, otherwise you would of thought that the IGF report would have been honoured and acted on a long time ago


Food for thought


imo

 

[Dazmac66]

Nothing new here, but just another deeply concerning video about the engrained deep rooted influence China has in not only the DRC but Africa as a whole.



In essence, China controls Africa and its decision making, which no doubt , is the core problem with AVZ obtaining a ML.

View attachment 33425
With the sheer size and grade of Manono as per this bubble chart (with AVZ bubble only representing RD and not CDL, so potentially 3 / 4 times bigger ), it completely encapsulates its world peers , so China influence is working really hard to garner control of this project , so they can ultimately control the global lithium price mechanism, like they do with rare earths and other commodities.

China has long seen Africa as the mineral solution to the worlds needs, which is why they have muscled their way into African culture decades before the west , belatedly the US and other european countries have seen the light and now making overtures towards Africa, so now its become a geopolitical football with China being the front runner by a country mile.

Speaking of geopolitical footballs, and this is slightly offtopic when it comes to the fight for Manono, but never the less demonstrates the lengths via corruption or otherwise China is prepared to go for world dominance......semiconductor micro chips.

You might have read stories about chip embargoes directed towards China from the west recently, well the facts remain, China is not a country that revolutionises technology, it steals technology ( similar to what they are trying to do with Manono ) or uses its financial clout to buy out leading companies.......something they have been doing for decades .

This is a fascinating video below that depicts that fact



So what is the REAL reason why China wants to invade / control TAIWAN ?





Forget about all this sovereignty bullshit that China claims it has over Taiwan and they should re unite , China couldnt give a shit about that........it has other motives, which also explains why the US are prepared to defend Taiwan even tho its not a NATO member......


I guess why i am highlighting all these reveals , which as i said before is nothing new if you study China progression over the years, is that i really didnt like the tone of the belated AVZ announcement via the ASX on Friday.........

"The Company is concerned that the continued activity of the hostile non-state
actors may influence the decisions of the key authorities in DRC in a manner that
is contrary to applicable law and materially adverse to the interests of the
Company."


I am not suggesting for one minute that Manono will be stolen from us completely, but me thinks that serious concessions will have to be considered by the BOD due to the mighty influence that China has over the DRC and FT, otherwise you would of thought that the IGF report would have been honoured and acted on a long time ago


Food for thought


imo

Great insight Biesha. I have said it before, unfortunately China is in Mr Presidents ear and pocket. There is no other plausible explanation for his silence and inaction.

 

[9cardomaha]

Realizing that Harare is in Zimbabwe, we could also be getting help from the Canadian Embassy in Kinshasa which would be nice in addition to the US. https://www.dfat.gov.au/geo/congo-democratic-republic-of

 

[JAG]

A reminder with translation included.

 

[Scoota30]

Auto translate must be broken, the Chinese ambassador to the DRC is agreeing with the DRC Gov??

https://mines.cd/rdc-accusee-de-vol...diatement-en-conformite-aux-lois-congolaises/

 

[Winenut]

Well …Ive learnt something tonight “Fuck me” is French …thats me gone for the night …Where’s Nut ????
View attachment 33384

I'm back @John25

Roadtrip to Ballarat for a gig with a mate

Been away since Thursday

Back on deck now

I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle

Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill

So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ

Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem

Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:

Ministers we don't want and with question marks over their heads....still there

Felix Tshisekedi....still silent and no action

Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be

Response to the IGF report....still nothing actioned in regard to the explicit findings

Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me

AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept

On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday

 

[John25]

I'm back @John25

Roadtrip to Ballarat for a gig with a mate

Been away since Thursday

Back on deck now

I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle

Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill

So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ

Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem

View attachment 33436

Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:

Ministers we don't want and with question marks over their heads....still there

Felix Tshisekedi....still silent and no action

Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be

Response to the IGF report....still nothing actioned in regard to the explicit findings

Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me

AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept

On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday

Give an idea of playlist

 

[obe wan]

Auto translate must be broken, the Chinese ambassador to the DRC is agreeing with the DRC Gov??

View attachment 33434

View attachment 33435


https://mines.cd/rdc-accusee-de-vol...diatement-en-conformite-aux-lois-congolaises/

April fools day

 

[MoneyBags1348]

I'm back @John25

Roadtrip to Ballarat for a gig with a mate

Been away since Thursday

Back on deck now

I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle

Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill

So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ

Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem

View attachment 33436

Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:

Ministers we don't want and with question marks over their heads....still there

Felix Tshisekedi....still silent and no action

Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be

Response to the IGF report....still nothing actioned in regard to the explicit findings

Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me

AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept

On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday

Nuts you missed the the most important news of all. Nells had a pretty decent crack at the Mantle while you were away…. I nearly awarded it to her

 

[Winenut]

Give an idea of playlist

Nothing you'd know mate ....all originals from a low-fi, underground, indie guitar, pop/rock with a slight twang, bunch of washed-up old has-beens!

But still a heap of fun

 

[wombat74]

I'm back @John25

Roadtrip to Ballarat for a gig with a mate

Been away since Thursday

Back on deck now

I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle

Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill

So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ

Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem

View attachment 33436

Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:

Ministers we don't want and with question marks over their heads....still there

Felix Tshisekedi....still silent and no action

Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be

Response to the IGF report....still nothing actioned in regard to the explicit findings

Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me

AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept

On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday

Tell me something . How did we gET from this:
"The Company is confident of a positive outcome in relation to the award of the Mining Licence." 22/03 /23
TO the perception we are flogging a dead horse . 31/ 03 / 23. ???

It might have something to do with the ASX ?

If were take a look at the Half Yearly report only a few weeks ago we see this :
"The Company has become aware of the conduct of various non-state actors generally compromising AVZ’s ability to develop the Manono Project, including by surreptitiously obtaining unauthorised access to and disseminating AVZ’s confidential and legally privileged information."

There is nothing in the latest announcement we didn't already know . ASX have just asked for more detail because on a daily basis I am sure they are getting pressure from shareholders / shorters and those anti AVZ to end this suspension and start trading .

 

[Dazmac66]

Tell me something . How did we gET from this:
"The Company is confident of a positive outcome in relation to the award of the Mining Licence." 22/03 /23
TO the perception we are flogging a dead horse . 31/ 03 / 23. ???

It might have something to do with the ASX ?

If were take a look at the Half Yearly report only a few weeks ago we see this :
"The Company has become aware of the conduct of various non-state actors generally compromising AVZ’s ability to develop the Manono Project, including by surreptitiously obtaining unauthorised access to and disseminating AVZ’s confidential and legally privileged information."

There is nothing in the latest announcement we didn't already know . ASX have just asked for more detail because on a daily basis I am sure they are getting pressure from shareholders / shorters and those anti AVZ to end this suspension and start trading .

Maybe shorters and anti avz'ers not well informed shareholders..

 

[Carlos Danger]

Tell me something . How did we gET from this:
"The Company is confident of a positive outcome in relation to the award of the Mining Licence." 22/03 /23
TO the perception we are flogging a dead horse . 31/ 03 / 23. ???

It might have something to do with the ASX ?

If were take a look at the Half Yearly report only a few weeks ago we see this :
"The Company has become aware of the conduct of various non-state actors generally compromising AVZ’s ability to develop the Manono Project, including by surreptitiously obtaining unauthorised access to and disseminating AVZ’s confidential and legally privileged information."

There is nothing in the latest announcement we didn't already know . ASX have just asked for more detail because on a daily basis I am sure they are getting pressure from shareholders / shorters and those anti AVZ to end this suspension and start trading .

The announcement reads to me like the preparation for a deal being made with Cominiere. The legal talk is all about letting shareholders know that management think that a path forward where we retain all of our legal rights is unlikely at this stage imo. The hope that the reshuffle would bring an outlet for justice has proven to be as useless as a cowardly lion.

There's a good chance that we will be forced to trade on Monday or soon after. The ASX are obviously asking what material progress has been made since suspension began. Management seem to be trying to extend it on interference grounds but I doubt that will hold sway now given the fact that we have gone backwards on paper compared to 11 months ago. The meeting this week in Manono, while positive in intent, gives a crystal clear indication that we are no closer to an outcome than when suspension started. This time last year we were trading in basically the same position. No decree for a PE and a PR for 221 carrés of 13359.

I still think that a big reason management went into suspension was to preserve the value of their offer to the DRC government for the 15% from Cominiere being eroded by the delays, disinformation and share price manipulation caused by Zijin. If we do trade before the Mining Licence is issued then our offer to the DRC government will potentially be greatly diminished if the share price crashes. We can still offer the same amount but would need to do so at a higher dilution of existing shareholder value.

Ultimately pragmatism is now the order of the day. It's what the Chinese do better than most imo. I can't blame them for wanting control. Look at the top 20. When the chips were down it was Chinese money that kept things rolling along at Manono a lot of the time. I'm sure they are still happy to play the long game. 51% now and let's see what happens with the 5% needed to cede to the DRC government when the PE is renewed each time (DRC mining code Article 80h). Just a small blip on the lifespan of this mine.

So management have a choice. Either take 51% now or risk being forced to trade without the ML. I think the timing and content of this latest announcement speaks volumes as to what their next move will be. I just hope whatever happens next it is announced on time. It is an absolute embarrassment to both AVZ and the ASX that we should have technically started trading yesterday but didn't. I understand why but when there are international investors staying up through the night due to the uncertainty it reflects poorly on us as a country. I can tolerate a lot of shit from company's and the exchanges they are on but maintaining order in official announcements is the very least I expect.

 

[RHyNO]

Amazing to think this BOD find this acceptable. Insulting to the ASX that any of these shitheels can ever work again. Clearly should be walking around Ballarat with metal detectors. Not managing geopolitically important resources in challenging countries.