Hodlandwin69
Regular
Surely one of the directors nominated is a regular on here. Make yourself known cunts and speak to us simple folk
So if the DRC / China have totally rat f--ked here , the role of the Chinese funded MMGA goon brigade is to drop all legal proceedings against the DRC . imo
The purpose of MMGA is either a cheap out of court settlement at the ICSID, a cheap sale of our 75% of Dathcom or to drop all arbitration and let Zijin have the north and proceed with whatever is left of our claim to RD. Zijin are clearly happy with just the north and MMGA agreeing to proceed with the south would mean they or the DRC government don't have to pay us anything.Why have the DRC/China jumped the gun here ? Why didn't they wait until after the AGM to steal the project from us ? Were they not confident the MMGA would get up? By stealing it now SH may cling to MMGA as a last hope / nothing left to lose option ? MMGA then betray AVZ take their snack bags and run . Looking forward to an update from Nigel in the coming days .
Do you think RD is still a possibility ? I have my doubts .The purpose of MMGA is either a cheap out of court settlement at the ICSID, a cheap sale of our 75% of Dathcom or to drop all arbitration and let Zijin have the north and proceed with whatever is left of our claim to RD. Zijin are clearly happy with just the north and MMGA agreeing to proceed with the south would mean they or the DRC government don't have to pay us anything.
An additional consideration is that MMGA and their goons on social media are constantly talking about resumption of trade for AVZ. Bin Guo clearly needs his money and I suspect some of the others behind this do to so that is another key reason why they have acted now.
Edited my original post after you replied to include: Also doing it through the AGM avoids needing the 5% to launch an EGM which could only be achieved by MMGA with Chinese names which FIRB would deny.Do you think RD is still a possibility ?
Ok , so you are confident there is something on the table for AVZ re RD . Are SH better off if Nigel accepts the RD compromise Or are SH better off going to ICSID ? If AVZ would like to pay me a nice salary I'll go either way . Otherwise take the compromise and lets move forward . I know there are those that would rather lose all their money rather than compromise . I'd suggest they have peanuts invested . IMOEdited my original post after you replied to include: Also doing it through the AGM avoids needing the 5% to launch an EGM which could only be achieved by MMGA with Chinese names which FIRB would deny.
Yes I think RD is definitely still on the table albeit clearly smaller than last time and we would need to sign a waiver so would never have the ability to claim any of the rest back imo
This deal is what Zijin want. That's the offer they made to Cominiere in exchange for giving up all claims to the purported transfer of the 15%. And clearly Zijin are the ones that have most influence within the corridors of power in the DRC. We can't even get a reply to appeals that we have rights to within the mining code without involving the gringos. Zijin could have easily taken the whole tenement. Extremely convenient that the bit we drilled is still sitting there ready to be used as a bargaining chip imo
Fairly confident but it is just guess work from me. But it would tick a lot of boxes for everyone except us. At this point we need the ICSID to even have a conversation so we have to continue down that path. Maximum long term value is only possible through award from the ICSID without a deal but it would take time. There's also still the possibility of a wildcard from Felix with the MoU although again I just don't see the point of negotiations unless they want us to give something up as an ML could be on Nigel's desk tomorrow if the MoM was so inclined. Or they're just wasting our time for the lulz in which case the ICSID is our only option anyway. Clearly the gringos got Felix spooked so I think we are still in the game but will need to compromise in some manner to move forward on the ground.Ok , so you are confident there is something on the table for AVZ re RD . Are SH better off if Nigel accepts the RD compromise Or are SH better off going to ICSID ? If AVZ would like to pay me a nice salary I'll go either way . Otherwise take the compromise and lets move forward . IMO
According to a September 23 article it sounds like AJN are still trying/hoping to get access to our northern tenement through Congo RessourcesDo you think RD is still a possibility ? I have my doubts .
The article clearly states AJN aren't getting north 13359 as that deal has 'stalled'. They can wish all they like but the only way they will be involved now is in a new deal with Zijin. Although it's not out of the question that they are a part of 'Manono Lithium'. There's also still the small matter of 4029 owned by AVZ sitting between north 13359 and the extention plays. The PR's they currently have (14537 under Future Mining Company and 15282 under Palm Resources) and others they are applying for are along the Manono pegamite extention trend. I've included screenshots of the CAMI portal showing the tenements. As well as the few not so subtle digs aimed towards Nigel..
According to a September 23 article it sounds like AJN are still trying/hoping to get access to our northern tenement through Congo Ressources
“Additionally, if the deal with the State and Congo Resources proceeds, he said AJN could tie up the whole northern extension of the Manono pegmatites.”
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AJN Resources positioned for soaring lithium demand with lucrative DRC deposits
The Democratic Republic of Congo (DRC) is rich ground for lithium, a metal that is in increasing demand as the electric vehicle (EV) revolution gains...www.proactiveinvestors.com.au
Surely one of the directors nominated is a regular on here. Make yourself known cunts and speak to us simple folk
BTW, Zijin’s head deep down thought they are a great ESG company.
10月21日,在2023亚布力中国企业家论坛厦门峰会上,紫金矿业董事长陈景河表示,矿业企业走出去是必然选择。而地缘政治问题,可能是不少走向海外的企业需要应对的一项风险。陈景河表示,有两点措施应对,第一是一定要非常规范;第二是把ESG体系和共同发展做到极致。陈景河也谈及了他对紫金矿业的愿景,希望公司在2025年能够进入全球矿业企业排名的前五,到2030年能够进入全球矿业企业排名的前三。
The MoM isn't on our or the mining codes side. We've had to go higher up which was only possible because of the ICSID. How that pans out I'm not sure but that's where we are at imoOn October 9th, AVZ makes an announcement regarding the progress towards a Memorandum of Understanding (MoU). Nigel Ferguson, after a meeting with the President, confidently assured presidential support. Prior photos captured Nigel grinning following discussions with the new Cami leadership, along with our ambassador's encounter with the President and our ongoing cooperation with other high-ranking DRC officials.
However, less than two weeks later, Carlos Danger states, "It is evident that, within the DRC legal system, we seem to have lost control over the tenement" (Carlos, I highly value your insight). Really, FFS can this be happening before our eyes? The only consolation I can draw comes from the final sentence below, emphasizing a "strict legal regulatory framework." Could it be that the relevant DRC institutions are merely addressing existing legally binding decisions, which may later be overturned through appeals and ICC judgments, ultimately resulting in the restoration of AVZ's ownership? I live in hope that this is what has been conveyed to Nigel by previously mentioned high-ranking officials.
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Another thing I would ask , if the BoD lock in ICSID what are they going to be doing to earn their salaries ? Sitting around the office playing mahjong for the next couple of years ? Maybe for $20 bucks an hour but not for $350k a year thank you . They need to sort this sh1t out asap and get the AVZ show back on the road what ever it takes. IMOThe MoM isn't on our or the mining codes side. We've had to go higher up which was only possible because of the ICSID. How that pans out I'm not sure but that's where we are at imo
Another possible deal that could be struck is that we take the south and are given other new tenements to explore as consolation for waiving our rights to that dirty haunted mica infested north 13359
Hello, my English is not that good so everything is translated with Google, sorry.
what's going on now in the DRC with AVZ? the cami has changed something. View attachment 47667 View attachment 47668 View attachment 47669 View attachment 47670
Could be 9 of them soon tooAnother thing I would ask , if the BoD lock in ICSID what are they going to be doing to earn their salaries ? Sitting around the office playing mahjong for the next couple of years ? Maybe for $20 bucks an hour but not for $350k a year thank you . They need to sort this sh1t out asap and get the AVZ show back on the road what ever it takes. IMO
View attachment 47718
Welcome to TSE Schmi
Yes, clearly things have changed with the Cami website and having given it a bit of thought over night, i refer to the above statement as a possible reason for that.
The second half of that statement is the most poignant imo, .........Entry into MOU will be a significant step towards the development of the Manono project, it will also maintain positive working relationships with all stake holders.
Could it be that MANONO LITHIUM is the amalgamation of the newly formed MOU ?
Now what entities could be involved in that MOU ?
Clearly AVZ will be part of it, CATH too, whispers that CMOC could be involved and of course DRC govt.
Will Zijin be involved ?..........I think not, ICC arbitration will find that ROFR was not legal, therefore they were not a participant in Dathcom in the first place.
What about Cominiere ?.........I think not, they had to cede 15% of their interest in Dathcom to DRC govt regardless.
On that Cami website, there is a clear definition between Roche Dure and CDL.
Could it be that exploitation ML gets awarded to AVZ for RD, thus activating the $240m Cath deal and a JV arrangement is concocted between AVZ, CMOC & CATH to explore CDL ?
Remember, DRC govt wouldnt want such a big project ( CDL ) to lay idle , whilst RD is constructed and AVZ only did a few drills in the southern part of CDL , so not alot of definition work was done on that project the last few years, so it would make sense to get other parties to join AVZ to accelerate that development.
As long as AVZ maintains 51% control, i would have no problem with that scenario.
The win , win ( positive working relationships with stake holders ) is that ICSID court case against DRC govt gets dropped , China still has significant involvement with Manono and tells Dathomir / Cong / Zijin to pull their head in...
Hopefully, come 23/11/23 at the AGM, MOU progress might have reached a stage whereby Nige could reveal more about this equation, therefore MMGA is irrelevant.
Its just my musings and i remain hopeful.
imo
Hope you're right. Given the citing of the Dathcom JVA termination by MoM on top of her ignoring our appeal to the illegal cancelling of our ML decree plus the way CKK and all the other Zijin hood rats have been celebrating I seriously doubt it. But it's defo possible.View attachment 47718
Welcome to TSE Schmi
Yes, clearly things have changed with the Cami website and having given it a bit of thought over night, i refer to the above statement as a possible reason for that.
The second half of that statement is the most poignant imo, .........Entry into MOU will be a significant step towards the development of the Manono project, it will also maintain positive working relationships with all stake holders.
Could it be that MANONO LITHIUM is the amalgamation of the newly formed MOU ?
Now what entities could be involved in that MOU ?
Clearly AVZ will be part of it, CATH too, whispers that CMOC could be involved and of course DRC govt.
Will Zijin be involved ?..........I think not, ICC arbitration will find that ROFR was not legal, therefore they were not a participant in Dathcom in the first place.
What about Cominiere ?.........I think not, they had to cede 15% of their interest in Dathcom to DRC govt regardless.
On that Cami website, there is a clear definition between Roche Dure and CDL.
Could it be that exploitation ML gets awarded to AVZ for RD, thus activating the $240m Cath deal and a JV arrangement is concocted between AVZ, CMOC & CATH to explore CDL ?
Remember, DRC govt wouldnt want such a big project ( CDL ) to lay idle , whilst RD is constructed and AVZ only did a few drills in the southern part of CDL , so not alot of definition work was done on that project the last few years, so it would make sense to get other parties to join AVZ to accelerate that development.
As long as AVZ maintains 51% control, i would have no problem with that scenario.
The win , win ( positive working relationships with stake holders ) is that ICSID court case against DRC govt gets dropped , China still has significant involvement with Manono and tells Dathomir / Cong / Zijin to pull their head in...
Hopefully, come 23/11/23 at the AGM, MOU progress might have reached a stage whereby Nige could reveal more about this equation, therefore MMGA is irrelevant.
Its just my musings and i remain hopeful.
imo
Well Money, everthing about this forum is about having a opinion in the absence of ASX announcements / AGM, so no one is right or wrong until the ...Sorry BEISH, I’m afraid you are wrong mate. Cominiere and Zijin clearly trying to steal CDL…. Fat Tail (MMGA) are in on it
CAMI clearly want DRC to have greater ownership of projects and if they can’t get it from RD, they will try and get through Cominiere having a JV with Zijin
All illegal of course, and all in my opinion
No your legally binding assumption is wrong.On October 9th, AVZ makes an announcement regarding the progress towards a Memorandum of Understanding (MoU). Nigel Ferguson, after a meeting with the President, confidently assured presidential support. Prior photos captured Nigel grinning following discussions with the new Cami leadership, along with our ambassador's encounter with the President and our ongoing cooperation with other high-ranking DRC officials.
However, less than two weeks later, Carlos Danger states, "It is evident that, within the DRC legal system, we seem to have lost control over the tenement" (Carlos, I highly value your insight). Really, FFS can this be happening before our eyes? The only consolation I can draw comes from the final sentence below, emphasizing a "strict legal regulatory framework." Could it be that the relevant DRC institutions are merely addressing existing legally binding decisions, which may later be overturned through appeals and ICC judgments, ultimately resulting in the restoration of AVZ's ownership? I live in hope that this is what has been conveyed to Nigel by previously mentioned high-ranking officials.
View attachment 47713