AVZ Discussion 2022

I’m told avz desperately tried to stop Kobold going on site and tried to serve them papers in the airport which cominiere thugs wouldn’t allow them to.

Way more likely they are preying on our carcass now and are not happy they were so badly found out. Hopefully find out soon enough
Who told you🤔🤔🤔
 

wombat74

Top 20
I’m told avz desperately tried to stop Kobold going on site and tried to serve them papers in the airport which cominiere thugs wouldn’t allow them to.

Way more likely they are preying on our carcass now and are not happy they were so badly found out. Hopefully find out soon enough
Ah well Kobold with their high ethical standards will have no choice but to abide by both ICC and ICSID ruling . In case they were not aware , they are now . No Trespassing and hands off until a final ICSID ruling , at which time they can make AVZ an offer $$$$ . They will just need to be patient for another 4 or 5 years . In the case they are also a bunch of corrupt criminals AVZ can sue them as well . And we know they can pay .
 
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Trig

Emerged
Long time lurker. Like most here I have a significant amount invested I'm Avz. This shit has cost me a marriage (didn't like her that much anyway) and a reasonable amount of other opportunities. Having to rebuild has been an absolute fark around but I'm back, in a good time frame to where I was without this bs sodomising me along with the personal dramas, this isn't to say it wasn't easy. I don't have any real point to this post other than to post, so yeah. For myself I found that not chasing updates gave me back some sanity.
 

Dave Evans

Regular
For fuck sake, this is the latest bullshit that 🤡 Mills Tshibangu is now spreading on YouTube and Twitter.

Shareholders on X should focus a little more attention on this🤡 lies 👇

Translated from French by
#RDC | #FINANCES "The financial scandal involving the mining company AVZ and the disappearance of 20 million US dollars is taking a new turn. The names of the Congolese authorities involved in this embezzlement of funds should soon be revealed. An extensive investigation has uncovered overwhelming evidence of corruption involving high-ranking officials who were allegedly bribed to favor AVZ in its dispute with state-owned Cominiere. A RawBank banking document details a series of suspicious withdrawals from an escrow account intended to finance these corrupt operations. As a reminder, AVZ needed to acquire 75% of the shares of a joint venture with Cominiere and Dathomir in order to strengthen its position on the Australian stock market. The company had therefore offered Dathomir to buy 15% of its shares for $20 million. However, shortly after, Cominiere sold 15% of its shares to a Chinese company for a much higher amount, angering Dathomir. Faced with this dispute, the Congolese justice system ordered the creation of a sequestered account. However, the funds in this account mysteriously disappeared. An investigation revealed that AVZ agents allegedly diverted this money to corrupt influential figures, including ministers, presidential advisers and financial inspectors. Investigative journalist Mills TSHIBANGU, who led the investigation, was prevented from revealing the names of the culprits at a recent press conference. However, the revelations promised this week should shed further light on this scandal that is shaking the Democratic Republic of Congo.
@Tshibangu_Mills

 
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For fuck sake, this is the latest bullshit that 🤡 Mills Tshibangu is now spreading on YouTube and Twitter.

Shareholders on X should focus a little more attention on this🤡 lies 👇

Translated from French by
#RDC | #FINANCES "The financial scandal involving the mining company AVZ and the disappearance of 20 million US dollars is taking a new turn. The names of the Congolese authorities involved in this embezzlement of funds should soon be revealed. An extensive investigation has uncovered overwhelming evidence of corruption involving high-ranking officials who were allegedly bribed to favor AVZ in its dispute with state-owned Cominiere. A RawBank banking document details a series of suspicious withdrawals from an escrow account intended to finance these corrupt operations. As a reminder, AVZ needed to acquire 75% of the shares of a joint venture with Cominiere and Dathomir in order to strengthen its position on the Australian stock market. The company had therefore offered Dathomir to buy 15% of its shares for $20 million. However, shortly after, Cominiere sold 15% of its shares to a Chinese company for a much higher amount, angering Dathomir. Faced with this dispute, the Congolese justice system ordered the creation of a sequestered account. However, the funds in this account mysteriously disappeared. An investigation revealed that AVZ agents allegedly diverted this money to corrupt influential figures, including ministers, presidential advisers and financial inspectors. Investigative journalist Mills TSHIBANGU, who led the investigation, was prevented from revealing the names of the culprits at a recent press conference. However, the revelations promised this week should shed further light on this scandal that is shaking the Democratic Republic of Congo.
@Tshibangu_Mills

'AVZ needed to acquire 75% of the shares of a joint venture with Cominiere and Dathomir in order to strengthen its position on the Australian stock market. The company had therefore offered Dathomir to buy 15% of its shares for $20 million. However, shortly after, Cominiere sold 15% of its shares to a Chinese company for a much higher amount, angering Dathomir'

14th of May 2021 - Dathomir write the letter to AVZ claiming to purportedly terminate the SPA's

21st of July 2021 - Cominiere write to AVZ asking for an ‘opinion’ on their intent to sell the 15% to Zijin

Either Cong was angered by looking into a crystal ball or Mills Tshibangu is a moron that can't conduct basic research

But I'm sure the purported evidence of wrongdoing by the only people with the balls to combat corruption within the DRC that he keeps refusing to show is coming one of these days lmfao

atg-studiocapa.gif
 
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Winenut

Go AVZ!
I don't care what any of you say. You can not have had a worse, shit week than me.

The shitshow started when my wife accused me of ruining her birthday. Which is bullshit!

I had no idea it was her birthday.
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Fucking classic!
 
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Winenut

Go AVZ!
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Dijon101

Regular
For fuck sake, this is the latest bullshit that 🤡 Mills Tshibangu is now spreading on YouTube and Twitter.

Shareholders on X should focus a little more attention on this🤡 lies 👇

Translated from French by
#RDC | #FINANCES "The financial scandal involving the mining company AVZ and the disappearance of 20 million US dollars is taking a new turn. The names of the Congolese authorities involved in this embezzlement of funds should soon be revealed. An extensive investigation has uncovered overwhelming evidence of corruption involving high-ranking officials who were allegedly bribed to favor AVZ in its dispute with state-owned Cominiere. A RawBank banking document details a series of suspicious withdrawals from an escrow account intended to finance these corrupt operations. As a reminder, AVZ needed to acquire 75% of the shares of a joint venture with Cominiere and Dathomir in order to strengthen its position on the Australian stock market. The company had therefore offered Dathomir to buy 15% of its shares for $20 million. However, shortly after, Cominiere sold 15% of its shares to a Chinese company for a much higher amount, angering Dathomir. Faced with this dispute, the Congolese justice system ordered the creation of a sequestered account. However, the funds in this account mysteriously disappeared. An investigation revealed that AVZ agents allegedly diverted this money to corrupt influential figures, including ministers, presidential advisers and financial inspectors. Investigative journalist Mills TSHIBANGU, who led the investigation, was prevented from revealing the names of the culprits at a recent press conference. However, the revelations promised this week should shed further light on this scandal that is shaking the Democratic Republic of Congo.
@Tshibangu_Mills


Wankers can write anything they want.

Courts will have the final say
 
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Winenut

Go AVZ!
Wankers can write anything they want.

Courts will have the final say

Yeah but it's worth calling out this absolute low-life fucker "Mills Tshibangu" on every single platform available

Just sayin'....
 
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Frank

Top 20
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dog with a bone !.jpg
 
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Dijon101

Regular
Yeah but it's worth calling out this absolute low-life fucker "Mills Tshibangu" on every single platform available

Just sayin'....

Oath
 
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tonster66

Regular
Kobold thing is interesting. Assuming you can believe anything on social media nowadays, it seems like Kobold 1) has been to Manolo 2) has publically stated it is looking at assets in DRC including lithium and has made a bid for one resource 3) is a USA company and 4) seems to be backed by some deep pockets.

In light of the current legal proceedings, I doubt a US domiciled company would go looking at the resource or core library unless AVZ had given the green light. Nor are they going to collude with the DRC to steal the resource when they know there's an extremely high chance the various legal actions will find in favour of AVZ. You could conclude the only reason they are looking is they are considering buying AVZ out?
Kobold's public statement lends support to that, as does the recent talk of the USA paying for transport routes etc out of the DRC. And if the chatter about Kobold's backers is correct they would have the cash and clout to make it happen.

Plus Geo's teasers about good news.

Perhaps a deal such as Kobold buys out Roche Dure, Zijin get the North, DRC are off the hook with potential damages from the various court cases and AVZ shareholders get some cash from Kobold and get the hell out of the DRC.

Anyway, all pure speculation and I have no actual clue. Lets see. And if it is true will AVZ shareholders be screwed over anyway by a very low takeover price? (Beggars cant be choosers, bird in the hand, it'll be tied up in court for years, something is better than nothing and all that.)

It's equally possible the corrupt players in the DRC are trying to screw over AVZ again and/or that the entire Kobald thing is a fantasy.
Kobold doing due diligence? I am leaning towards a TO by Kobold. Lets not forget that Jack Ma is part of Kobold and we know that he plays to the tune of Xi. This could be the win win that Felix is looking for to save face with the chinese.
Just my thoughts
 
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Cumquat Cap

Regular
Bloody hope so, anyone been able to find Kobold Financials statements? Want to see how much cash they’re sitting on for any prospective purchase. Judging by their offices they’re running lean like a start up
 
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Dave Evans

Regular

On the subject of Mills Tshibangu. Ronny Ngale who is the journalist who interviewed Tshibangu on YouTube responded to me.

Ronny previously believed some of Tshibangu’s lies but now has a better understanding of what’s really going on. He previously questioned this reply that August Cohen sent him but now is supportive of AVZ


August V
@AugustCohen4
Hello again, brother Ngale. I do understand Lingala. But I wouldn't say I'm a fluent speaker just yet. That said, and putting aside the commentary on DRC, the press, the Constitutional revisions and other matters, what is said about $AVZ here is misleading.

Here are the issues:

1. The speaker is clearly biased as he presents AVZ as the bad guy that is corrupting DRC's politicians. The Manono Dispute is not binary- its very complex and no side in the dispute are Angels.

2. The speaker also completely avoids the ownership disputes at the heart of the dispute- which is critically important context viewers need to fully understand the Manono Dispute.

3. The speaker fails to mention the others players in this dispute- particularly, DRC officials in the Ministry of Mines, DRC executives at state owned Cominiere, politicians like Senator @GuyLoando_ and former President Kabila, the Chinese miner Zijin, and the Chinese and Congolese who own Dathomir.

In otherwards, he's only singling out @AVZMinYianni which presents a misleading portrait of this dispute. To be clear, as a supporter of the Congolese and their young democracy, I'm very happy to see new media companies like Chat Television (CT) highlight and discuss important issues and in an African language using platforms Congolese can access via their mobile phones. But to do good journalism, CT should have had someone on this show that can speak for AVZ or do another show that allows AVZ's perspective to be heard by viewers.

I hope CT's managers will provide @AvzMinerals the opportunity to tell its side of the story so that Congolese who trust CT's news and commentary get a full picture of the Manono Dispute.

Here's CT's Youtube page: https://youtube.com/@chattvmillstshibangu



This is Chadrack Ngoy (who says he’s a lawyer and expert in criminal law) and is the person who posted Tshibangu’s lies 👇

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Chadrack-PLISTO NGOY
@drackNgoy4

#RDC | #FINANCES « Le scandale financier impliquant la société minière AVZ et la disparition de 20 millions de dollars américains prend un nouveau tournant. Les noms des autorités congolaises impliquées dans ce détournement de fonds devraient bientôt être révélés. Une enquête
Show more
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I responded to this with 👇

Dave Evans
@DaveEva12049801

Replying to @drackNgoy4
@Tshibangu_Mills is a liar and you are spreading his lies. The truth is easy to prove which is why AVZ is winning all cases in the @iccwbo and @icsid courts of arbitration and why the DRC has been ordered to reinstate AVZ mining permit and Cominiere ordered to pay penalties

Then this tweet to Ronny

Dave Evans
@DaveEva12049801

You need to get the facts right before you go spreading Mills Tshibangu’s lies 👇

https://x.com/DaveEva12049801/status/1852296082275107017

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Dave Evans
@DaveEva12049801

Replying to @Presidence_RDC and @ALINGETEJULES_K

The @IgfRdc Report on Cominiere and Zijin in English and French 👇



Recording of Celestin Kibeya taking a bribe from Zijin 👇

https://x.com/kongopress/status/1644597533987987456 @ICC_arbitration @icsid findings against Cominiere and Zijin @WorldBank

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Sorry for repeating those AVZ announcements but the point is that a little persistence can help the company and the shareholders on X are doing a great job supporting our company. Here’s the response from Ronny (the DRC journalist who interviewed Tshibangu) He liked the other responses too 👇

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Xerof

Have a Cigar 1975
I’m told avz desperately tried to stop Kobold going on site and tried to serve them papers in the airport which cominiere thugs wouldn’t allow them to.

Way more likely they are preying on our carcass now and are not happy they were so badly found out. Hopefully find out soon enough
IF correct, logic says they’re a hostile party so forget speculating about them coming to the rescue

IF correct, my view would be that Cominiere, who is stupid enough to think they own 100% of 13359, have started another sale process

So @Cumquat Cap is your source 100% reliable?
 
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Cumquat Cap

Regular
Yes fairly reliable, don’t believe they have $avz best interests at heart in this secret jaunt into the jungle. Can always be wrong and hope I am
 
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Xerof

Have a Cigar 1975
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Bloody hope so, anyone been able to find Kobold Financials statements? Want to see how much cash they’re sitting on for any prospective purchase. Judging by their offices they’re running lean like a start up
KoBold are a private company therefore are not required to disclose financial statements. However they have raised a total of $491,455,627 USD in their latest equity offering round as at 4th of October 2024 according to their SEC filings. Also they have multiple addresses listed online so the Berkeley location is likely just the official principal place of business but not a working office and their jurisdiction of incorporation is actually in Delaware.


lookimindelaware.png

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Their previous rounds raised a total of $395,833,015 USD 2023 & 2022 however the majority of this money is likely gone hence the need for further equity offerings

2023
2023.png


2022
2022.png
 
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JasonM

Regular
I'd find it hard to believe that a us company with such big backers would willfully step into the minefield of manono without avz being aware and supportive. The blowback on kobold if they were up to no good would be significant. I find it more likely if a potential buyer was interested they would want to see what they're buying and what they're getting into, so a bit of due diligence. I also think it makes sense that avz is not there given the signals it would send given no agreement or understanding is announced. So I somewhat foolish and maybe naively hope kobold are potential buyers and an out for avz.

still waiting impatiently for @geo_au 's update.
 
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KoBold are a private company therefore are not required to disclose financial statements. However they have raised a total of $491,455,627 USD in their latest equity offering round as at 4th of October 2024 according to their SEC filings. Also they have multiple addresses listed online so the Berkeley location is likely just the official principal place of business but not a working office and their jurisdiction of incorporation is actually in Delaware.


View attachment 72263
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Their previous rounds raised a total of $395,833,015 USD 2023 & 2022 however the majority of this money is likely gone hence the need for further equity offerings

2023
View attachment 72265

2022
View attachment 72264
I'd find it hard to believe that a us company with such big backers would willfully step into the minefield of manono without avz being aware and supportive. The blowback on kobold if they were up to no good would be significant. I find it more likely if a potential buyer was interested they would want to see what they're buying and what they're getting into, so a bit of due diligence. I also think it makes sense that avz is not there given the signals it would send given no agreement or understanding is announced. So I somewhat foolish and maybe naively hope kobold are potential buyers and an out for avz.

still waiting impatiently for @geo_au 's update.
They don't have enough money to buy out AVZ

They do however have enough money with their latest raise to purchase a stake in Manono Lithium imo

IMG_20211016_183130.jpg
 
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