AVZ Discussion 2022

[Xerof]

Could it be also possible that the President may have also not have been aware to the extent of the corruption by his government ministers and now knows the full extent.
The information regarding Manono may have been screened / filtered before reaching him .
Certainly knows now the extent of corruption .
Will heads roll or T/O offered ?

No, no and no

IMO

 

[Roon]

Then why is our BoD so optimistic one may ask. They seemed to be very happy about a positive outcome, so we will have to wait for the next announcement.

The BoD were also highly optimistic about every one of their timelines presented to the public, and look what happened. Obviously they are going to be cheerleaders - it's in the job description. I believe you are being led down the garden path by your supposed BoD contacts, who let's recall were also spouting about the great relations they had with the highest levels of the DRC government. Which turned out to be patently false. Maybe don't take their general blanket statement that they expect a positive outcome at face value given the demonstrable occasions where what they've said is either wrong, or at best, misleading.

 

[Xerof]

@whales

I'll expand on that
First No - To not know about the corruption, he would have had to not read the Jules A Key report. Background though is that he is not in a position of strength to fight the obvious corruption, despite his rhetoric - he does not have majority support to be able to tackle it head on (and anyway, it's probably in his DNA)
Second No - see above - he needs the political support from the very cunts who are corrupt - MoP, PM, probably MoM, and many more
Third No - BoD are entirely focussed on obtaining the ML, it is the only position they can take - please, never talk about a TO without a ML

Having said that, when they finally get it, (and I think they will) bring out the turkeys and we'll talk

 

[Carlos Danger]

Could it be also possible that the President may have also not have been aware to the extent of the corruption by his government ministers and now knows the full extent.
The information regarding Manono may have been screened / filtered before reaching him .
Certainly knows now the extent of corruption .
Will heads roll or T/O offered ?

The IGF report was completed mid last year. It was made public in December. Reshuffle happened early this year and Felix chose politics over rolling heads.

Felix doesn't want AVZ to mine Manono and he is playing the gringos against the Chinese to secure battery plants in the DRC imo

We will get bought out rather than the tenement being taken off us as it is far easier for everyone involved imo

 

[Cumquat Cap]

What do you think a fair TO price would be Carlos - my guess is a tick above $2 and happy to be ridiculed for it

 

[Cumquat Cap]

Prefer to avoid straight up TO so as to not have to pay 20% corporate tax in DRC which would be plundered as per usual

 

[Samus]

I'm leaning to prefer a takeover option personally. Any path forward to production seems fraught after what we've experienced for the past 13 months.
The DRC apart from being unreliable and corrupt are a decade behind where they should be in their thought process. This became clear at DRC-Africa Business Forum in 2021 (a red flag in hindsight).
Infrastructure to get product out of Manono should have been started 24 months ago along with the issue of the licence.
Let it be someone else's problem dealing with these idiots instead of us holding for many more years to achieve anything like fair value.
Just my personal opinion but I'd never look back and never consider going near African investments again with a 10 foot pole.
I'm setting a goal regardless of how things progress, I just hope it isn't 3-4 years away or never.
Of course I'd take $12 though but not if it means holding this stock for any longer than I have to so $10 is fine.

I love all these theories about how wonderful everything could or should be but when is any of it going to happen? So far it's been a downwards spiral for the past 2 years and unfortunately the thought of emerging with anything at all is more and more appealing. In that sense - you win China.
Bravo, now where is my payout from both our hero and trojan horse CATL/Mr Pee Pees?
Those pricks even get some money back since they own a fair percentage of the register one way or another anyway...

Whenever I hear about the DRC it makes me want to projectile vomit and then start smashing shit. At this stage this is multiple times a day, not so great for the health.

 

[wombat74]

Prefer to avoid straight up TO so as to not have to pay 20% corporate tax in DRC which would be plundered as per usual

$2.50 TO . Pay the TAX = $2 . Works for me .

 

[cruiser51]

I'm just curious if Zijin is going to stall the ICC 3-4 July 2023 court case.

If they do we will probably hear 5pm 30 June 2023.

Further only other possibility Zijin/Com/Dathomir withdraw by lack of ability to extend.

I dunno how CKK likes it, that he is part of the party saying the DRC is a corrupt bunch of uneducated kids.

 

[Cumquat Cap]

expiry of TIA and upcoming ICC cases in the coming 2 weeks should ensure some sort of announcement - Wombat - 2.50 seems more than fair to me and would similarly be happy - could've been way more if DRC could nut up

 

[David Krappenschitz]

I'm just curious if Zijin is going to stall the ICC 3-4 July 2023 court case.

If they do we will probably hear 5pm 30 June 2023.

Further only other possibility Zijin/Com/Dathomir withdraw by lack of ability to extend.

I dunno how CKK likes it, that he is part of the party saying the DRC is a corrupt bunch of uneducated kids.

Is it possible for Zijin to actually stall it? Or are they legally bound to the date of schedule?

If the previous reason for delay was true ie conflict of schedule of arbitrator (even though super super lucky/convenient for Z), and thus ICC likely not in Zijin’s pocket, then surely Zijin couldn’t find a way to stall?

Hopefully
Gltah

 

[Winenut]

expiry of TIA and upcoming ICC cases in the coming 2 weeks should ensure some sort of announcement - Wombat - 2.50 seems more than fair to me and would similarly be happy - could've been way more if DRC could nut up

2 fiddy is simply not enough....

 

[9cardomaha]

2 fiddy is simply not enough....

Edit: Not the value i am ascribing for TO, just a meme from childhood.

 

[Winenut]

Is it possible for Zijin to actually stall it? Or are they legally bound to the date of schedule?

If the previous reason for delay was true ie conflict of schedule of arbitrator (even though super super lucky/convenient for Z), and thus ICC likely not in Zijin’s pocket, then surely Zijin couldn’t find a way to stall?

Hopefully
Gltah

If Z can't make it or try and stall let the ICC arbitrate in their absence

They've had more than enough time to get their shit together given it has already been delayed once

If there's some sort of mysterious delay again it only adds fuel to the theory that Z are passing around les sacs en papier brun

Fukkem....royally

 

[Hodlandwin69]

@whales

I'll expand on that
First No - To not know about the corruption, he would have had to not read the Jules A Key report. Background though is that he is not in a position of strength to fight the obvious corruption, despite his rhetoric - he does not have majority support to be able to tackle it head on (and anyway, it's probably in his DNA)
Second No - see above - he needs the political support from the very cunts who are corrupt - MoP, PM, probably MoM, and many more
Third No - BoD are entirely focussed on obtaining the ML, it is the only position they can take - please, never talk about a TO without a ML

Having said that, when they finally get it, (and I think they will) bring out the turkeys and we'll talk

They're focused on TO +/- ML

 

[Charbella]

If Z can't make it or try and stall let the ICC arbitrate in their absence

They've had more than enough time to get their shit together given it has already been delayed once

If there's some sort of mysterious delay again it only adds fuel to the theory that Z are passing around le sacs en papier brun

Fukkem....royally

Yep, Zijin had 15 months! If this gets delayed again, ICC Paris has been penetrated by brown paper bags.

 

[Winenut]

View attachment 38624

Edit: Not the value i am ascribing for TO, just a meme from childhood.

 

[John25]

Then why is our BoD so optimistic one may ask. They seemed to be very happy about a positive outcome, so we will have to wait for the next announcement.

Who amongst our BoD are optimistic …are you getting your stocks mixed up …has anyone heard/seen /read anything positive from our board since AGM …Nigel/Ben/John are MIA…over too you geo

 

[Winenut]

Then why is our BoD so optimistic one may ask. They seemed to be very happy about a positive outcome, so we will have to wait for the next announcement.

 

[Frank]

I’m sure all the people with short memories are going to forget Felix has been dragged kicking and screaming to arbitration in the USA because the whole planet now knows about the corruption related to our project and the fact that Cominiere and CAMI have been allowed to hold up the project and sell it off to the Chinese for $120 million less than what it is worth (and most of that money is mysteriously unaccounted for) and the President, Prime Minister, Minister of Portfolio, Minister of Mines and DG of CAMI have all been complicit in the matter.

Now what was that again…. What ever it was we all seem to have forgotten

Franks mate Franz took the bloody words right out of my mouth / read my mind

It sounds like the IGF has a lot in common with Manono and our ML

All Talk - No Farkin' Action atm / still

Why is it so Professor

Why indeed Franz & Jules

WTF - Why the Fark