Hodlandwin69
Regular
You can't trust Doctors or big pharma!!
AVZ Discussion 2022
- Thread starter GazDix
- Start date
And there is that. Agree
you got a timeframe for when the BOD's good work will be done and we will be trading again?
Lucas Don Velor
Regular
A good 'Rule-of-Thumb' valuation model is the 2% in-ground valuation method... (I do prefer $12)...
Scarpa & SF2TH have some excellent analysis on COY valuations also...
GLAH
Scarpa & SF2TH have some excellent analysis on COY valuations also...
GLAH
Flexi
Regular
Geo.
"Suggest those angry souls wait and see how it pans out before berating the DRC"
We have been waiting for over one year and could be waiting for many more (hopefully not)
We have every right to be upset and angry. As a matter of fact over a year of built up anger.
We have been played by this backward country and they show no shame just smiles whilst they fill their pockets with corrupt money.
They need to be identified and exposed. until the follow their own Law and Mining code and issue Mining Licence
"Suggest those angry souls wait and see how it pans out before berating the DRC"
We have been waiting for over one year and could be waiting for many more (hopefully not)
We have every right to be upset and angry. As a matter of fact over a year of built up anger.
We have been played by this backward country and they show no shame just smiles whilst they fill their pockets with corrupt money.
They need to be identified and exposed. until the follow their own Law and Mining code and issue Mining Licence
At this stage a reasonable take over would solve everyone's problems and avoid the courts.
What are the odds Geo a simple poor . good chance
. excellent would suffice.
Retrobyte
Hates a beer
I think there is a need to acknowledge there is not much that can be shared in a public forum other than nods, winks and vague statements, given the various "bad actors", double agents, multiple personalities who abound, plus Huawei up our digital bums 24/7. The perception that the BOD are sitting on their arses doing nothing other than playing golf while spending their salary on ill-fitting suits, hookers and blow is misguided. There are multiple active networks of shareholders with good intel and contacts. That's one excellent outcome of the roadshows - people meet in real life and networks are created. Tagging every DRC pollie, every DRC NGO, every mining company that operates in the DRC, Joe Biden, Penny Wong and Elon Musk on Twitter is not going to progress things faster - we are on DRC time, and there's nothing anyone can do about that other than sit back, crack another tinnie and wait it out.
Carlos Danger
Top 20
Going off the last 2 years I'd say there isn't much that can be shared on the forums because fuck all is actually happening to progress us to the mining licence
I see it differently with regards to the public relations campaign. I think that the pressure put on the DRC government that repeatedly making other investors aware of the shitshow we have had to endure in a respectful but assertive manner will make things progress quicker.
Whispers that the BOD don't want this happening that were prevalent a month ago appear to have stopped. I reckon Eramet shareholders are happy that their management was paying attention to the AVZ story before deciding not to invest in the DRC. And there will be many more companies that decide this and make it public unless Felix walks the 'business climate' he likes to talk imo
aanti.dumb
Regular
I for one will never invest in anything Africa based ever again. Nor will i ever make any donations. The $$ lost in this $hit show more then covers a life time of charity.
Retrobyte
Hates a beer
Absolutely, I would be happy too with that decision if I was an Eramet shareholder. But I'm not - I am an AVZ shareholder, and AVZ currently only has mining or exploration interests in one country only, so there's nothing for me or any other AVZ shareholder to gain by sabotaging any remaining chance AVZ has of making something out of this long and tortuous situation. There's more downside potential from the Twitter whiners than upside - they could fuck things up completely when there is still some chance of a good outcome for AVZ and shareholders.
I just don't see the President pulling a licence cause someone on twitter said he sucked?
Retrobyte
Hates a beer
In that case, what's the point of "shareholders" spamming Twitter feeds with anti-DRC posts with AVZ tagged in every one of them? What are they trying to achieve - maybe they are only small holders so are happy to roll the dice and lose their lunch money, but I still maintain it's counter productive and there are many of us who have far more to lose if the constant stream of negativity persuades someone in the DRC government who has influence over the outcome to pull the plug. And that person may not even be the President.
Carlos Danger
Top 20
Yeah calling people names won't help. But stating facts will. The DRC government wants gringo and European investors. Not gonna happen unless they do right by AVZ and they know it imo
MoneyBags1348
Top 20
I absolutely agree Carlos. Jens is a large shareholder and the only person we aware of who knows Nigel well enough to play golf with him and he has been copying and pasting all of Dave Evans' rundowns on AVZ's history on Twitter so obviously he thinks it's a good idea
I know Dave has done his share (replying to every bank and company who advertised on THE VUKA GROUP's DRC MINING WEEK 2023 Facebook page) and he even got some replies, including one from https://copperbeltkatangamining.com/
I think Dave has done a fair job and deserves a break and I think I've provided enough information to have a break as well. I would love to see a shareholder copy and paste AVZ's history to each of the following media outlets listed below who have supported our cause by exposing corruption in the DRC Mining Sector.... Before the MINING WEEK 2023 event is over
Investigation sounds alarm on risks in Congo’s nascent lithium sector
A report by Global Witness states that concessions on and around DRC’s lithium deposits are or were held by or involved people with close business relationships with former President Joseph Kabila.
www.mining.com
RDC : l’exploitation de lithium de Manono au cœur des échanges entre la CENCO et les différentes parties prenantes
La Commission Episcopale pour les Ressources Naturelles de la Conférence Episcopale Nationale du Congo (CERN-CENCO) a organisé, ce jeudi 11 août 2022, une conférence sous le thème : « comment le lithium de Manono en RDC peut-il contribuer à la transition énergétique ? Réflexion multipartite en...
zoom-eco.net
DRC/UNITED STATES : US disillusioned over failure to turn DR Congo away from Beijing - 05/09/2022 - Africa Intelligence
Ever since Félix Tshisekedi took power, Washington had hoped he would curb China's huge influence in the country. Four years later, the United States is bitterly disappointed that it has failed to - 9/5/2022
Financial crime watchdog adds Congo to money laundering watch list
The Financial Action Task Force plans to put Democratic Republic of Congo on a list of countries subject to increased monitoring, the country's Communications Minister Patrick Muyaya said on Saturday.
RDC - Mines : La COMINIERE SA accusée de bloquer le projet de production du Lithium de Manono, ce minerais prisé dans la fabrication des batteries électriques ( Société civile)
La société du portefeuille de l'Etat congolais COMINIERE SA est accusée de continuer à multiplier les manœuvres illégales pour bloquer le démarrage effectif du projet minier de lithium de Dathcom Mining SA, à Manono, dans la province de Tanganyika. La dénonciation est faite par les...
La Société civile pointe le coupable et se mobilise pour sauver le projet d’exploitation du lithium de Manono - L'Info qui fait écho
Le projet d’exploitation du lithium de Manono, dans la province du Tanganyika, piétine. Et la Société civile, évoluant dans le secteur des ressources naturelles, n’hésite…
econewsrdc.com
RDC : La Cominière dans le viseur des 12 ONG
La Cominière s'oppose-t-elle à la réhabilitation des centrales hydroélectriques de Mpyana Mwanga par AVZ POWER ?
magazinelaguardia.info
RDC : voici pourquoi les organisations de la société civile spécialisées sur les questions minières demandent à Tshisekedi de révoquer la ministre du portefeuille | IWEB RDC
Par Gilbert Ngonga Dans un communiqué conjoint, les organisations et plateformes de la Société Civile congolaises spécialisées sur les questions minières ( Justicia Asbl , LICOCO , RND Asbl , POM , MDR , GANVE , CDH , ESPOIR ONG , RCEN , CERN / CENCO , TPRDC , MAX IMPACT ), qui ont fait
iwebrdc.com
Corruption à la COMINIERE : La Ministre du portefeuille appelée à « démissionner pour se mettre à la disposition de la justice » - MINES.CD - Premier média congolais du secteur minier
La société civile regroupée (Justicia Asbl, LICOCO, RND Asbl, POM, MDR, GANVE, CDH, ESPOIR ONG…) a exhorté à la ministre du portefeuille, Adèle Kahinda Mayina, de démissionner pour avoir failli sur plusieurs points dans le dossier COMINIERE dont le directeur général ai et le Directeur technique...
mines.cd
RDC : le CNPAV demande à Félix Tshisekedi de reconsidérer sa lettre adressée à Joe Biden sollicitant la levée des sanctions contre Dan Gertler
Le Congo n'est pas à vendre (CNPAV) adresse une lettre au président de la République Démocratique du Congo Félix Tshisekedi pour exprimer son plus "profond désarroi" suite à la découverte, dans les colonnes du Journal New York Times, de sa lettre
Corruption in Infrastructure of the Democratic Republic of Congo - 900 Words | Research Paper Example
In the Democratic Republic of Congo (DRC) corruption exists in various sectors, including the police, legal system, public administration, and mining industry.
Patrouille financière : L’IGF débusque en quantité industrielle des doublons, des faussaires et tricheurs parmi les fonctionnaires et agents de l’Etat ! - Scoop RDC
Actualité - C’est un manque à gagner pour le Trésor public de l’ordre de 148.999.749.440,95FC mensuellement, soit 64.782.499 USD au taux de 2300FC que l’Inspection générale des finances a déniché dans la paie des fonctionnaires et agents de l’Etat. Les conclusions du rapport de sa mission...
scooprdc.net
DRC: nearly $800 million a year escapes the public treasury | Africanews
According to the findings of an audit of the government's payroll, the IGF noted numerous irregularities, with tens of thousands of fictitious employees.
Fraude et corruption en RDC : les révélations accablantes du chef de l’inspection générale des Finances
Jules Alingete Key est l’un des hommes les plus redoutés du Congo, faisant trembler fraudeurs et corrompus et mettant en cause les contrats chinois qui ont grevé les finances du pays. Il estime que les Chinois se sont « accommodés du laxisme qu’ils ont trouvé au Congo ».
World Bank suspends $1 billion worth of project funding in Congo
The World Bank has suspended funding for humanitarian and development projects in Democratic Republic of Congo worth more than $1 billion after the government dissolved the project fund without warning, the lender said.
RDC exclue de la liste des investissements du groupe Français ERAMET, suite au blocage du PE du lithium de Manono par le gouvernement - Kongo Presse
Les difficultés rencontrées par l'australien AVZ MINERALS sur son projet Manono au Tanganyka dans le sud-est du pays ont fait réfléchir la société française
kongopress.com
Simply copy and paste an email saying the following.... it couldn't be that hard, Jens has been doing it on Twitter
Read the AVZ story. AVZ Minerals spent 6 years & millions of dollars developing the Manono Project, only to have the project, ML & ownership delayed by the illegal actions of Cominiere, Chinese company Zijin and Simon Cong (Read the IGF report)
For 6 years in the DRC AVZ Minerals carried out Soil Sampling; Field Mapping; Consulting; Drilling; Metallurgical Testing; FEED Study; Securing a lease on an Industrial Site for logistics including road haulage, rail & port services & infrastructure rehab to the road from Manono
AVZ produced a 160-page Definitive Feasibility Study; Received DFS Technical Approval; Had a SEZ Agreement; Tendered for Mining Infrastructure and followed the DRC Mining Code. AVZ satisfied all required approvals - Environmental Approval; Financial Capability (through Raising Capital, Negotiating Funding with Pan African DFI’s, Arranging funding and Offtake Agreements with CATH, Obtaining Several Offtake Agreements for both Lithium and Tin) Favourable Cadastral Opinion & Favourable Technical Opinion of the DFS for the Manono project. The Ministerial Decree to award the ML was granted last April then taken away
AVZ Minerals also produced an 85-page Sustainability Report committed to Environmental and Social Governance (ESG) including Socio - economic benefits, Preserving environmental values, Providing a transparent and ethical supply chain, Ending poverty, Improving health and education, Economic growth and employment, Minimising greenhouse gas emissions, Preserving biodiversity, Restoring the Mpiana Mwanga Power Plant and Supplying energy and contributing to the local communities. AVZ's Environmental Study and Impact Assessment Reports included 7 ESIA's and Groundwater Management.
Now following the DRC taking away AVZ's ownership and delaying the Mining License, AVZ has been forced to take the DRC to International Centre For Settlement of Investment Disputes (ICSID)
I've got a few million shares too, and I've been here fighting for the company every week unlike others and even when I say I'm going to take some time off I probably don't. I'm not one of those shareholders who thinks the DRC are ever going to play nice, that's why it's in the fucken courts
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Azzler
Top 20
I think the idea is to expose the corruption to the wider investing community, to DRC people.
The fact that they are so thin skinned that twitter comments were causing problems with AVZ dealing with them, only points to the fact they are corrupt as fuck and know it full well.
I think with this latest action by AVZ, many people feel it's time to name, shame, expose, yell, scream, and carry on as to cause so much trouble that it's more of a headache to keep acting against their laws and with corruption than to act in good faith and with the law.
AVZ are now drawing global attention to "unlawful" DRC activity, so lets do the same.. well lets keep on doing the same.
I think that's how we began this campaign on twitter, then we got told to be respectful, and we did that. After all it's a different way of life in the DRC.
But I dunno man, Africa, China, the West, we are all human and the same creatures at the end of the day, and in the west, transparency, exposing corruption, naming and shaming seems to be the only way to beat the corrupt.
They want us to be quiet, keep it secret, the game of criminals.
Perhaps it's time to keep shouting, and draw as much attention as possible.
They must be embarresed as hell at the DRC mining week.
And fucking good!
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Fair enough. It's not a hill I'd die on either way.
Everything in this sordid affair is out of the presidents hands and / or his cohorts, it's in the lap of the highest courts in the world, nothing we say on this forum or on twitter is going to make a difference regards to " pulling the plug " cause it's out of their hands too. So in that regard, no harm or foul in protesting / applying pressure to the corruptors and reminding them factually that they can't get away with ripping innocent coy like Avz and their shareholders interest.
I would fully agree with your argument, if the Drc govt was still in deliberations with Dathcom jv regards to awarding the ML imminently but clearly that isn't the case, cause AVZ have now taken the whole government to the ICSD, which is rather damning.
Us shareholders have done the stiff upper lip for well over 12 months, hoping that method would allow common sense to prevail, now, it's gloves off.
I liken the AVZ protestors on twitter, to the protest marches you see constantly in Australia, whereby nurses, police , transport workers etc fight for better pay and conditions...most of the time it works very effectively.
As long as the protests are respectful and highlight the facts, then there is no come backs.
Sometimes the quiet way is ineffective cause the bullies feel empowered to continue if not challenged, so a peaceful protest is the next best thing.
Fighting back to protect one's interest is perfectly fine by me.
Imo of course.
Agree !
If you're on twitter or wherever banging those keys, stirring the nest, then you may wish to consider just how good entering an unwinnable war may be for you personally.
We've had a few meltdowns here and I think it's fair to say that they've been met with supportive comments.
Twitter is different.
As Beish say's, keep it respectful - for your own wellbeing - and don't really expect it to change anything very much.
But if it does, then great.
A few posters come here with what prove to be very over-optimistic 'insights'. Maybe they could consider what effect that may have on very stressed shareholders.
Hint: It really doesn't help.
So now the west is allegedly lining up to source critical minerals from all over the world. Weren't they already??
Don't get your hopes up just yet as FT is only interested in being re-elected. Promises, promises.
And when you'e all down next week, I'll be positive as a counter balance.
Agree 100% mate.
If you're on twitter or wherever banging those keys, stirring the nest, then you may wish to consider just how good entering an unwinnable war may be for you personally.
We've had a few meltdowns here and I think it's fair to say that they've been met with supportive comments.
Twitter is different.
As Beish say's, keep it respectful - for your own wellbeing - and don't really expect it to change anything very much.
But if it does, then great.
A few posters come here with what prove to be very over-optimistic 'insights'. Maybe they could consider what effect that may have on very stressed shareholders.
Hint: It really doesn't help.
So now the west is allegedly lining up to source critical minerals from all over the world. Weren't they already??
Don't get your hopes up just yet as FT is only interested in being re-elected. Promises, promises.
And when you'e all down next week, I'll be positive as a counter balance.
Just as nobody in their right mind makes an investment decision based on anonymous Twitter or TSE posts, so too with corrupt government officers. No DRC officer is influenced by, or acts as a result of anonymous Twitter posts or any other posts.
They do it because they are directed to do it by their equally corrupt superiors, or because they are powerful enough to get away with it.
Fighting back to protect one's interest is perfectly fine by me also.
Cheers
F
They do it because they are directed to do it by their equally corrupt superiors, or because they are powerful enough to get away with it.
Fighting back to protect one's interest is perfectly fine by me also.
Cheers
F
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