The best thing we can do right now is back the AVZ management team. They have done an amazing job to get things as far as they have.... If the project is not a AVZ success then there will be a time when the BOD will be held accountable. I have no doubt they are doing everything possible to fight against this evil corruption for the sake of the shareholders and their own interests. I get people are sick of positive posts but while the path is still unknown I want to keep the AVZ dream alive. It's been the worst roller coaster ride I have ever been on but am still hopeful the ride will end with a smile.Until there are official ASX announcements\reputable sources verifying, I treat all of it as a rainmaker game. You do a song and dance (which granted can be entertaining) claiming you can make it rain... you do it often and long enough and eventually it rains and you say, "see I can make it rain".
Its been 12 months, I was at the Sydney roadshows, management were very confident of a favourable resolution (but that resolution is on Africa time)... I would suspect we have gotten close a couple of times, only to be pulled back down by the politics. I linked an article before, the thing that gives me hope is US involvement in DRC, anti China sentiment and an upcoming election.... is this a recipe to end the deadlock? Who TF knows.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
TDITD
Top 20
I believe I can answer that one,
it is called a chronic anal fissure caused due the significant trauma dealt to the anal canal
I'm keeping an eye out for tonight's council meeting.
Not that I expect a lot.
DRC had to cope with floods and mudslides, they lost a few hundred, if not thousand people in Kivu, still a lot of missing people..
Certain politicians went there to help distributing coffins, pretty sad and serious stuff.
FT had to go on an uninterrupted jolly through Africa.
If he would have been smart he would have taken a bee line in his fukkin VIP plane, and at least shown that he cared and supported his people.
Not that it matters, but it would have helped his chances of winning the next election more than going to a fukkin soccer match and party with his party.
But on Thursday (yesterday) in Botswana:
President Tshisekedi received all the information relating to the production and marketing of diamonds according to the model of Botswana, which is the world's largest producer in value and volume, ahead of Russia.
With all respect, not a smart move Felix!
So to be honest, I don't think AVZ is high on their agenda at this very moment.
All IMO, of course.
Not that I expect a lot.
DRC had to cope with floods and mudslides, they lost a few hundred, if not thousand people in Kivu, still a lot of missing people..
Certain politicians went there to help distributing coffins, pretty sad and serious stuff.
FT had to go on an uninterrupted jolly through Africa.
If he would have been smart he would have taken a bee line in his fukkin VIP plane, and at least shown that he cared and supported his people.
Not that it matters, but it would have helped his chances of winning the next election more than going to a fukkin soccer match and party with his party.
But on Thursday (yesterday) in Botswana:
President Tshisekedi received all the information relating to the production and marketing of diamonds according to the model of Botswana, which is the world's largest producer in value and volume, ahead of Russia.
With all respect, not a smart move Felix!
So to be honest, I don't think AVZ is high on their agenda at this very moment.
All IMO, of course.
It fucking should be, a massive path to improving DRC on all levels without corruption.
Completely agree, as much as i am critical of AVZ bod disclosure responsibilities, they have proven up a wonderful resource, have tight documentation, round 1 arbitration win against Cominiere, round table talks amongst all parties, hoping logic prevails in the end, as much as i appreciate all the brilliant intel here, only ASX announcements provide the true FACTS of the matter, the rest is just noise.
imo
https://twitter.com/DominicFurfaro
Dominic Furfaro
https://twitter.com/DominicFurfaro
@DominicFurfaro
$AVZ ‘Mines Minister Antoinette N'samba Kalambayi is committed to fighting mining fraud mainly in the gold sector in the DRC’
Dominic Furfaro
https://twitter.com/DominicFurfaro
@DominicFurfaro
$AVZ ‘Mines Minister Antoinette N'samba Kalambayi is committed to fighting mining fraud mainly in the gold sector in the DRC’
Skar
Regular
Honestly... I don't have enough information to either be in favour or against the management team, so I give them the benefit of the doubt but right now I want management focused on delivering immediate shareholder value (burning cash and being in suspension doesn't do that), and delivering value in 5 or 10 years time doesn't do that... I am looking for ROI but I am not going to throw the baby out with the bathwater and dump my shares discounted off market (if thats even possible). 80c-$1 I would sell at least half my holdings... with 75% ownership, an ML and a plan to get to 2-10MT/y by 2028 probably ~$2. This project has once in a lifetime value IF it can be executed on there is no doubt. Until the politics are sorted out though, best thing is to bottom drawer it and make money elsewhere. I think we are at the start of another Bullish run, so anyone that has holdings in other lithium stocks, take some solace in that (DYOR GLTAH).
" I get people are sick of positive posts"
I have been positive from way back and continue to be so. Problem is there are a lot of posters on twitter and other social media who are doing their utmost to undermine confidence in AVZ and its management. Having said that a person at the company, whom I've know for some time, also feels the same way as I do.
Once legal issues are sorted out we will be going mining and all need to be reminded that the DRC has to abide by the judgement of the ICC which should be favourable towards AVZ.
Winenut
Go AVZ!
Winenut
Go AVZ!
That's great she's looking after the gold sector........cause she's doing fuck all for lithium
Thanks for the offer, but I reckon I take a pass on that.
Bray
Regular
Only cause gold fits in brown paper bags and can be worn to show their god tier status
She wants to come to Perth and expects all smiley faces.
Fat chance if she kicks AVZ in the nuts.
Skuse me nuts, nothing personal.
Nothing wrong with a few ton of PLS
TDITD
Top 20
I'm of the same kinda thinking, in that I'm positive overall.
Angry at the complete and utter incompetence of those who could and should have used Manono as a poster boy for the DRC and its battery chain ambitions.
Angry at the fact that Zijin have been allowed to blatantly corrupt so many and delay with such effectiveness the start of what will be a gem in the DRCs mining industry.
But ultimately I'm positive, we may get a breakthrough, you never know someone in Government may have a sudden spark of braincell activity. If not then it goes to ICC where we wait till Sept24 then are on DRC time for an ML after that obvious and overwhelming victory. Just means we wait, an wait, an wait till then. I'd rather Rio came in with an offer of $12
Hi Winenut
The DRC is a member of the International Center for Settlement of Investment Disputes (ICSID) Convention, and a Contracting State to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention).
While the International Court of Arbitration does not make formal judgments on disputed matters per-se, but administers arbitrations by exercising judicial supervision of arbitration proceedings, any agreements or findings are binding on the member states.
It is also my understanding that any adverse judgements against a signature member state is backed by any offshore property and funds, and can be enforced by courts within the country (good luck getting any DRC court to support an adverse outcome). I do not know if personal offshore assets of corrupt officers of the state can be forfeited in the event of a default.
Cheers
F
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There is no way any company, government or funding body will go anywhere near Felix's fictitious battery hub and manufacturing facility. It's just fairy dust and totally dead in the water.
We'll all be living on some distant planet before a single shovel of dirt gets moved at Manono.
Rant over, and it's beer o'clock somewhere.
Cheers
F
We'll all be living on some distant planet before a single shovel of dirt gets moved at Manono.
Rant over, and it's beer o'clock somewhere.
Cheers
F
Have been told they are still working on it so may not be today but should be sometime next week.
Mr Inappropriate
Regular
That’s provably false. She can change that in a heartbeat if that was her wish, but she has not.
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