AVZ Discussion 2022
- Thread starter GazDix
- Start date
BRICK
Where’s Zeebot 😶🌫️
just in there everywhere just doing whatever the fuck they want and bribing everyone.South Kivu: nearly 150 Chinese companies operate illegally in the province!
The province of South Kivu, in the Democratic Republic of Congo, is the scene of mining activity that has been intensely scrutinized in recent times.
According to recent revelations from Governor Jean-Jacques Perusi, no less than 145 Chinese mining companies are currently operating in flagrant violation of the laws in force.
The results of a study carried out by local students have highlighted an alarming situation: many of these companies no longer have valid operating permits, a neglect which particularly affects the districts of Fizi, Mwenga and Shabunda.
Jean-Jacques Perusi stressed that these companies often obtain permits in a dubious manner in Kinshasa, even though they expired several years ago, between 2013 and 2016.
Despite this, they continue to extract mineral resources completely illegally, thus depriving the Congolese state of significant revenue.
This observation led the Governor to directly question the Chinese ambassador in the DRC, revealing that even after the closure of six companies and three mining cooperatives, they quickly resumed their activities without respecting local administrative decisions.
( Sound Familiar )
Faced with this worrying situation, Jean-Jacques Perusi promised strict measures to deter this harmful practice which threatens not only legality, but also the economic stability of the region.
This problem is not isolated to South Kivu; Similar cases have been reported in the neighboring province of Ituri, where Chinese companies are also operating in violation of Congolese mining regulations.
( Sound Familiar )
mediacongo
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Dave Evans
Regular
Another reason for the trading halt could be to avoid a sell off of their small, low grade project in WA
Last edited:
Azzler
Top 20
JAG
Top 20
From The West Australian
Global Lithium Resources dragged into AVZ Minerals drama with ‘board changes’ imminent
The Perth-centric tussle to seize control of Congo cautionary tale AVZ Minerals is believed to be behind a mysterious trading halt by Global Lithium Resources.
Global Lithium paused the exchange of its shares on Tuesday morning “pending an announcement to the market regarding board changes” expected to be released by the end of Thursday.
The West Australian understands the upcoming “board changes” announcement relates to recent developments from the now-delisted AVZ Minerals. Last month Subiaco-registered Resource Capital Investments lobbed an offer to buy up the shares held by AVZ’s institutional investors for 1¢ apiece.
Filings to the corporate regulator revealed that Michael Carrick and Geoff Jones are the directors of Resources Capital Investments.
Mr Jones is also the chairman of Global Lithium.
A spokesman for the West Perth-based Global Lithium declined to comment.
Based on The West’s calculations, Resource Capital’s offer to only the institutional end of AVZ’s register would cost about $5.9m, if all shareholders were to accept.
That slice of shares would have been valued at about $467m back in April 2022, the month before AVZ fell into a trading suspension from which it would never return as disputes over ownership of the Manono project began to unfurl.
AVZ’s board told shareholders not to “surrender” their shares to the “opportunistic and inadequate” Resource Capital offer.
The offer is an attempt to acquire control of the board of directors of AVZ and the Manono project, without paying fair value to shareholders,” AVZ said in a statement.
Global Lithium Resources dragged into AVZ Minerals drama with ‘board changes’ imminent
The Perth-centric tussle to seize control of Congo cautionary tale AVZ Minerals is believed to be behind a mysterious trading halt by Global Lithium Resources.
Global Lithium paused the exchange of its shares on Tuesday morning “pending an announcement to the market regarding board changes” expected to be released by the end of Thursday.
The West Australian understands the upcoming “board changes” announcement relates to recent developments from the now-delisted AVZ Minerals. Last month Subiaco-registered Resource Capital Investments lobbed an offer to buy up the shares held by AVZ’s institutional investors for 1¢ apiece.
Filings to the corporate regulator revealed that Michael Carrick and Geoff Jones are the directors of Resources Capital Investments.
Mr Jones is also the chairman of Global Lithium.
A spokesman for the West Perth-based Global Lithium declined to comment.
Based on The West’s calculations, Resource Capital’s offer to only the institutional end of AVZ’s register would cost about $5.9m, if all shareholders were to accept.
That slice of shares would have been valued at about $467m back in April 2022, the month before AVZ fell into a trading suspension from which it would never return as disputes over ownership of the Manono project began to unfurl.
AVZ’s board told shareholders not to “surrender” their shares to the “opportunistic and inadequate” Resource Capital offer.
The offer is an attempt to acquire control of the board of directors of AVZ and the Manono project, without paying fair value to shareholders,” AVZ said in a statement.
JAG
Top 20
And furthermore, well done to those who spent time digging up the dirt on the corrupt unaustralian cu%$sFrom The West Australian
Global Lithium Resources dragged into AVZ Minerals drama with ‘board changes’ imminent
The Perth-centric tussle to seize control of Congo cautionary tale AVZ Minerals is believed to be behind a mysterious trading halt by Global Lithium Resources.
Global Lithium paused the exchange of its shares on Tuesday morning “pending an announcement to the market regarding board changes” expected to be released by the end of Thursday.
The West Australian understands the upcoming “board changes” announcement relates to recent developments from the now-delisted AVZ Minerals. Last month Subiaco-registered Resource Capital Investments lobbed an offer to buy up the shares held by AVZ’s institutional investors for 1¢ apiece.
Filings to the corporate regulator revealed that Michael Carrick and Geoff Jones are the directors of Resources Capital Investments.
Mr Jones is also the chairman of Global Lithium.
A spokesman for the West Perth-based Global Lithium declined to comment.
Based on The West’s calculations, Resource Capital’s offer to only the institutional end of AVZ’s register would cost about $5.9m, if all shareholders were to accept.
That slice of shares would have been valued at about $467m back in April 2022, the month before AVZ fell into a trading suspension from which it would never return as disputes over ownership of the Manono project began to unfurl.
AVZ’s board told shareholders not to “surrender” their shares to the “opportunistic and inadequate” Resource Capital offer.
The offer is an attempt to acquire control of the board of directors of AVZ and the Manono project, without paying fair value to shareholders,” AVZ said in a statement.
Your efforts on behalf of holders is appreciated.
Xerof
Flaming 1967
Like Jones, another poisoned chalice?
Cumquat Cap
Regular
Huljich sold $anl key asset to Simon Cong cheap and received kickbacks no doubt.
Peter Huljich reputation is fkn dirt and I will spend next decades making sure any prospective shareholders of his companies know he is a Chinese sychophant and all around dumb cunt.
Some wins on the board for the good guys
Peter Huljich reputation is fkn dirt and I will spend next decades making sure any prospective shareholders of his companies know he is a Chinese sychophant and all around dumb cunt.
Some wins on the board for the good guys
dollarbills
Regular
Hopefully ASIC are investigating. they just got reamed by a senate inquiry which essentially highlighted they have failed to fulfil its regulatory duties. Can look up the report online or search on the other forum.
ASIC will need to show they are actually competent so perhaps will look for opportunities like the AVZ shenanigans to show they are actually doing something.
BRICK
Where’s Zeebot 😶🌫️
Im telling you i will only be happy when i see them doing thisEat a bag of dicks Geoff Jones
Eat a bag of dicks Peter Huljich
Next off the ranks RTG to get rid of Carrotdick then he can eat a bag of dicks too
Scoota30
Regular
Is that Carrtodick being the conductor of the gravy train in the middle?
LithiumKing
Regular
Well done everyone. Who says the power of the people doesn’t pay off. Geoff Jones
Bray
Regular
Comineire/DRC/China :
What the hell am I doing here? You've got nothing on me. I'm covered. Call the Joint Chief.
ICSID/AVZ :
That won't be necessary, cunts, as I have already received no less than a dozen calls from highly-ranked and powerfully-placed individuals telling me to let you go, but the joy of checks and balances in our government is that I can, and am, indeed, required by law, to tell them to fuck off.
What the hell am I doing here? You've got nothing on me. I'm covered. Call the Joint Chief.
ICSID/AVZ :
That won't be necessary, cunts, as I have already received no less than a dozen calls from highly-ranked and powerfully-placed individuals telling me to let you go, but the joy of checks and balances in our government is that I can, and am, indeed, required by law, to tell them to fuck off.
Everything I read is all well and good but not 1 mention of AVZ in any context people can keep sucking all this info but to me it means nothing . I want justice and I want my fucken stollen money now you fucken low life cunts , australian ha your no more australian than fried rice , you betrayed the way of life our ancestors died for you support the yellow peril fuck i hope i can meet you in a dark alley one day ,
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