AVZ Discussion 2022

[SilentOne]

This case by MMGA is a negotiation tactic from DRC / Zijin imo

It's beyond time for AVZ management to provide detailed clarity to shareholders on the waiver for the north. I've been able to get my grubby mitts on pretty much every document in this shit show except the alleged supporting paperwork saying we haven't given it away in accordance with the mining code. Nigel loves to harp on about the law in every other matter except this one. Mupande tricked us isn't going to cut it. It's put up or shut up time.

“If he [Tshisekedi] feels like he needs to go ahead with some sort of a deal on the north with Zijin, then we’ll sit down and talk about it”
- Nigel

View attachment 52187
View attachment 52188

I thought that there was an agreement to split - South gets the License and the North remains in "Exploration" mode both remaining with Dathcom - I was not aware of any agreement with the North being given away or returned to the DRC.


Just my recollection - SilentOne

 

[Roon]

I thought that there was an agreement to split - South gets the License and the North remains in "Exploration" mode both remaining with Dathcom - I was not aware of any agreement with the North being given away or returned to the DRC.


Just my recollection - SilentOne

We relinquished the north, returned it to the DRC, as the documents posted by Carlos above indicate. NF said that this was the result of trickery by JFMK at CAMI (as you say, namely regarding the deal for us to retain the northern zone under an exploration permit and get a ML for the south) but we nonetheless did relinquish the territory. Obviously that deal never eventuated. It was later claimed we had some documentation that the handing back of ground was retracted, as that process didn't fall within the Mining Code or some such reason, and that we had proof also detailing the trickery that led to the offical relinquishment, but I haven't heard of any of this evidence surfacing. Cominiere and Zijin have used this release of territory from 13359 to undermine us in various ways. It's an opaque situation that AVZ management have never satisfactorily explained.

 

[Carlos Danger]

I was not aware of any agreement with the North being given away or returned to the DRC

It's literally on the paperwork

 

[Bonsoir]

FFS if BOD was engaging in oppressive and misleading conduct against shareholder then I wonder who just voted the very same BOD back in ? It was the share holders, the owners of AVZ voted them back in. Fuck off fat tail we will not allow you to go against the results of a legal vote and I doubt a court will accommodate you agaisnt the wishes of the shareholders.

That fickwit de giest waffles on about having some dirt that’s yet to come out, I call bullshit as it would have been used long ago against AVZ.

 

[Dave Evans]

It's literally on the paperwork
View attachment 52191

Any thoughts on Balthazar’s and Christian Lukusa’s oversight on this Carlos?

 

[Carlos Danger]

Any thoughts on Balthazar’s and Christian Lukusa’s oversight on this Carlos?

I'm still willing to give AVZ management the benefit of the doubt that they have the goods about retaining the north or at least have a legally solid guarantee about being in a JV with the DRC government for a PR

But the mining code is pretty clear that once a waiver is submitted the area given up goes back to the state for the tender process so whatever they potentially have needs to be iron clad

The case by MMGA should bring all facts out in the open for this matter or lead to a deal for the north. Either of those outcomes would be positive for shareholders.

 

[Xerof]

So, MoM then reinstated 13359 in full, no split

WTF?

How does the MMGA case ever lead to a deal for the North? They want 2 scalps, thats it

 

[aanti.dumb]

DRC Elections are 20th December and I think there is a good chance Felix will loose. He didn't get the votes in 2018 and was only able to secure the presidency by doing a deal with Joseph Kabila. I dont think he will manage to do the same deal again so i dont see him winning. Knowing how corrupt the DRC is im sure he will try something shady to secure re-election so who knows.

But If he does loose i think Martin Fayulu has a good chance. The reading ive done so far suggests Martin is anti CCP and pro western nations so is a good opportunity to wipe the chess board clean and start fresh with a newly elected DRC Government. This would also nullify any under table dealings CCP has with Felix. Im thinking this is the better path for DRC as well as AVZ.

 

[Xerof]

Take it how you like…

https://x.com/petertiani007/status/1736311900651048997?s=20

 

[Cumquat Cap]

Yeah I know it probably won't help our case but i'd love to see Felix the corrupt cocksucker getting smashed at the polls.

He is actively against avz and would love to fuck us over if he could

 

[Charbella]

I'm still willing to give AVZ management the benefit of the doubt that they have the goods about retaining the north or at least have a legally solid guarantee about being in a JV with the DRC government for a PR

But the mining code is pretty clear that once a waiver is submitted the area given up goes back to the state for the tender process so whatever they potentially have needs to be iron clad

The case by MMGA should bring all facts out in the open for this matter or lead to a deal for the north. Either of those outcomes would be positive for shareholders.

MoM then reinstated 13359 in full, no split.

 

[Lichione]

New AVZ announcement with CDE maiden mineral resources estmate

 

[JAG]

 

[Lucas Don Velor]

CDE MRE out

 

[BRICK]

Attachment here

 

[Cumquat Cap]

She's a beauty, dispels the bullshit Zijin saying we haven't touched the north - pay up you fucking grubs

 

[Carlos Danger]

MoM then reinstated 13359 in full, no split.

MoM cancelled the original decree not the waiver. There is nothing stopping that waiver being enforced again as far as I'm aware. Our entire case at the ICSID is about the survival of our acquired rights which is a PE for the south only so obviously management still legally see a split occurring as the basis of our claims.

 

[Lucas Don Velor]

CDE MRE out

Looks like CATH requirement of 10MT ore feed/yr for 30yrs can be realised with an infered upgrade to 301MT...

 

[Dave Evans]

A very professional announcement and nothing like the amateurish misleading bullshit from Zijin, Cong and the MMGA stooges

There was a time some shareholders (like der geist) complained about not getting announcements. We have been getting announcements on everything since AVZ decided that being polite and respectful to the DRC wasn’t getting us anywhere and our best course of action was through ICC and ICSID arbitration.

I wonder if the latest farcical attempt at stalling by the stooges leaves a money trail back to Zijin and the CCP or Cong and Jerkoff, but whoever it leads back to will be footing the bill for this latest Supreme Court action. Blind Freddy can see all the misleading and deceptive statements these MMGA stooges made in the lead up to the AGM.

And @Carlos, you’re legal attributes are greatly appreciated and provide a good balance to this forum

 

[Doc]

An upgrade announcement like that would have had whale pics coming left right and centre thick and fast once upon a time.
I miss the good ‘ol days