AVZ Discussion 2022

[Xerof]

It related to DATHOMIR attempting to go back on the deal for the 15% after AVZ paid and then the Lithium price went way up. The document tried to say DATHOMIR refused payment etc even though AVZ paid in the required time frame.

The problem with that statement is that the funds were not returned. Nothing shows in any Qtly, evidencing it. (I assume AVZI would be consolidated in the accounts)

 

[LX600]

chronicle:
1/ASX 200/300 entry(this is close to when it starts gettn interesting or chaotic)
2/giest starts sqwuaking( he's a lone ranger that the few who heard well we laughed), put it down to just another salty X holder considering the SP at the time
3/short attacks galore that we brushed off and Cath extension
4/Zijin sponsored artcles hit web
5/Zijin "oh look at p.206 of our annual report" from months ago and look we just release an ann on our website (geist knows it all before everyone)
6/geist steps up the heat(ppl start listening, and researching and wtf after wtf moments happen), geist throwing others under the bus, false accusations against Jens and he's digging to the point of even messaging other holders who were in certain chat groups and broadcasting screenshots of messages....sheer desperation and willing to put a knife into anyone and everyone in the way of his agenda (paid by Zijin or he has something causing him to be putting all his time and avz friends on the line)
7/trading halt after management get a few messages demanding explanations and a TH
8/ML delayed, everything delayed, again
9/suspension
10/boatman pops out of the woodwork again and ext of suspension
11/AFR, Bloomberg, u name it, all tell Zijins side not ours...probably paid off too, they all have a number these crooks
12/AJN get Li deals, herd starts to see shit Nige is on AJN board with Klaus hmm weird, Nige resigns, the herd also only just starts to see Klaus also on Tantalex board now too who's also got tailings rights in Manono, now Franck just today showing Tantalex deal a fraud too
13/Huges gone no ann.
14/........

go back to just before No.1 and i'd almost put money on it that this is when we got the lowball offer from no other than Zijin themselves, once denied...then they implement Plan.B.........2/....

Good summary. Der geist must be the one introducing Zijin and would be paid big amount of commission if Zijin get certain percentage, no matter how thought. Someone said he already sold himself and even his own mom.

 

[DiscoDanNZ]

idk, it's a bit strange, like what's he doing sitting there searching AVZ every hour with every search engine known to man....if so why? touch strange

Here he is in his parents basement:

That's one cold ass stare, almost like she's dead inside!!!

Shes just in a food coma from all the snacks.

Anywho, all these goings on really put into perspective why we kept getting 'extension to cath' announcements and zero explanation of why it just kept getting extended instead of being finalised.

 

[Ozthescot]

Here he is in his parents basement:

Shes just in a food coma from all the snacks.

Anywho, all these goings on really put into perspective why we kept getting 'extension to cath' announcements and zero explanation of why it just kept getting extended instead of being ffinalised.I

But do you think is that because CATH knew or did AVZ?

Hopefully some answers are going to land soon.

 

[John25]

Ok ok ok ..who’s on the coffee run this morning …I’ll have a triple shot ,flat white with no sugar …might be another longish day ahead

 

[Dazmac66]

Since September 1 , 2021, the Minister of Portfolio has accepted the sale of the 15% of COMINIERE in DATHCOM. The correspondence of Minister Adèle Kayinda supports the transfer. The government endorsed the decision of COMINIERE's general assembly. The process seems irreversible. AVZ intends to take legal action in turn to challenge the transaction. He asserts that he was not contacted, although correspondence was sent to him regarding ZIJIN's offer and the convening of the DATHCOM general meeting. Subterfuge? Liar Poker?

So this is what Nigel was dismissing as being dealt with and of zero consequences for AVZ ownership of Manono?

 

[DiscoDanNZ]

Since September 1 , 2021, the Minister of Portfolio has accepted the sale of the 15% of COMINIERE in DATHCOM. The correspondence of Minister Adèle Kayinda supports the transfer. The government endorsed the decision of COMINIERE's general assembly. The process seems irreversible. AVZ intends to take legal action in turn to challenge the transaction. He asserts that he was not contacted, although correspondence was sent to him regarding ZIJIN's offer and the convening of the DATHCOM general meeting. Subterfuge? Liar Poker?

So this is what Nigel was dismissing as being dealt with and of zero consequences for AVZ ownership of Manono?

If it wasn't legally ready for sale then perhaps Nigel didn't feel the need to respond? Probably went ' oh cool Zijin's made a lowball offer, I'll put this in the bottom draw for later on when it comes up for sale.'

 

[Scoota30]

It has now been 24 days since the CAMI mining portal has been updated. For a bit of comparison, I also follow the Ugandan and Mozambique mining portals and they have both been updated in the last 24 hours (and usually updated daily). I would argue from now on it should be called DRC time instead of Africa time when talking about delays.
Maybe the CAMI staff have also filled up on too many snacks and had to use up all their sick leave while they recover

 

[Misfits]

Morning all, IMO when we come out of this suspension we will show loyal holders that we are 100% in the right. We will also hurt the shorters and they will want to cover. As far as the recent resignation goes, that is a non issue and time for him to move on and do other things in his life. IMO

 

[Deleted member 1612]

How is there zero news though? I thought there would be some detail of the arbitration process but there’s been nothing? Or have I missed it?

 

[Sammy_da_Smile]

Morning all, IMO when we come out of this suspension we will show loyal holders that we are 100% in the right. We will also hurt the shorters and they will want to cover. As far as the recent resignation goes, that is a non issue and time for him to move on and do other things in his life. IMO

Is there more to the story about the resignation that you have heard mate?

 

[Misfits]

Is there more to the story about the resignation that you have heard mate?

No mate, nothing more to add. Just a non issue and IMO a replacement will come if not already. people move on with their lives and I suspect this is what has happened. Looking fwd to the 1st where hopefully the market will have some good news and we can move on and build a mine.

 

[Sammy_da_Smile]

No mate, nothing more to add. Just a non issue and IMO a replacement will come if not already. people move on with their lives and I suspect this is what has happened. Looking fwd to the 1st where hopefully the market will have some good news and we can move on and build a mine.

Yeh no worries mate! Yes I suspect with the transition from Explorer to Miner we will see a few changes to the team which is to be expected

 

[Sammy_da_Smile]

Tycoon Mwale links up with American firm to build DRC battery plant

Mr Mwale is behind the Mwale City that seeks to transform Lunza, a sleepy village in Kakamega County

www.businessdailyafrica.com

Tycoon Mwale links up with American firm to build DRC battery plant

Thursday May 26 2022

Kenyan tycoon Julius Mwale has partnered with an American firm to build a battery plant in the mineral rich Democratic Republic of Congo (DRC) to power smart cities.

The battery plant to be constructed by the US Engineering and infrastructure firm KE International has enlisted a Mr Mwale as one of its key partners in the project.

The plant will manufacture electric power storage batteries to power smart cities—which use technology to provide services and solve city problems-- in Africa.

"We are investing in building a 16 Gigawatt (16 terawatt) battery manufacturing plant in the DRC, to help power our smart cities in Kenya and the rest of Africa," Mr Mwale in a statement.

Mr Mwale is behind the so-called Mwale City that seeks to transform Lunza, a sleepy village in Kakamega County, into a ‘Silicon Valley’ worth at least Sh200 billion.

The worth, size and construction dates of the plant were not revealed.

Mr Mwale said he inked fundraising deals at a recent global conference with different financiers and partners for the DRC plant.

“The new partnerships will enable us to expand Mwale Medical tourism city model across Africa, where we have secured 18 locations for smart cities expansion," he said.

Mwale said KE International which oversaw the construction of Mwale City in Kenya will be in charge of completing the battery power plant in DRC.

The plant is being built next to Cobalt and Nickel mines belonging to the tycoon in DRC, he added.

"This is expected to solve the supply chain issues, in battery supplies in the world. The batteries will also be used to power electric vehicles, bicycles, and for residential and commercial purposes,” said Mwale.

The electric battery market is estimated to be worth $45 trillion between now and 2050. Electric batteries were the 38th most traded product in 2020 at $67 billion according to OEC, a Massachusetts Institute of Technology's data analysis firm.

Mwale's smart cities could make him a key player in the battery storage market due to the ownership of power plants like one at Mwale City.

Expanding that to Electric vehicle batteries, residential and commercial storage will guarantee sustainability of smart cities worldwide, analysts have said.

 

[BEISHA]

While the DRC / AVZ has its challenges from the scum China state govt, an even more worrisome event is on the horizon.....




When is the world going to wise up ?

 

[BEISHA]

Couldn't agree more! This one point has continued to astound me. With Australia and China in some kind of silent battle, why would we cede control of this strategic resource to our "opponent"? If we're such great miners, why don't we seek to extend and apply those skills to overseas projects?
So incredibly short-sighted and small-minded.
The Chinese must be having a good old laugh as we take aim at our own foot and pull the trigger!

Talk of incredibly short sighted, if the US is so adament in pushing back Chinas ultra aggresive moves to control the mineral space world wide on top of other ulterior motives, why didnt they or EURO show some interest in JV / offtake in AVZ ?

Surely they would of known that China would eventually make a play on the largest , most pure deposit/s of lithium the world has ever seen.

imo

 

[Samus]

Tycoon Mwale links up with American firm to build DRC battery plant

Mr Mwale is behind the Mwale City that seeks to transform Lunza, a sleepy village in Kakamega County

www.businessdailyafrica.com

Tycoon Mwale links up with American firm to build DRC battery plant

Thursday May 26 2022

Kenyan tycoon Julius Mwale has partnered with an American firm to build a battery plant in the mineral rich Democratic Republic of Congo (DRC) to power smart cities.

The battery plant to be constructed by the US Engineering and infrastructure firm KE International has enlisted a Mr Mwale as one of its key partners in the project.

The plant will manufacture electric power storage batteries to power smart cities—which use technology to provide services and solve city problems-- in Africa.

"We are investing in building a 16 Gigawatt (16 terawatt) battery manufacturing plant in the DRC, to help power our smart cities in Kenya and the rest of Africa," Mr Mwale in a statement.

Mr Mwale is behind the so-called Mwale City that seeks to transform Lunza, a sleepy village in Kakamega County, into a ‘Silicon Valley’ worth at least Sh200 billion.

The worth, size and construction dates of the plant were not revealed.

Mr Mwale said he inked fundraising deals at a recent global conference with different financiers and partners for the DRC plant.

“The new partnerships will enable us to expand Mwale Medical tourism city model across Africa, where we have secured 18 locations for smart cities expansion," he said.

Mwale said KE International which oversaw the construction of Mwale City in Kenya will be in charge of completing the battery power plant in DRC.

The plant is being built next to Cobalt and Nickel mines belonging to the tycoon in DRC, he added.

"This is expected to solve the supply chain issues, in battery supplies in the world. The batteries will also be used to power electric vehicles, bicycles, and for residential and commercial purposes,” said Mwale.

The electric battery market is estimated to be worth $45 trillion between now and 2050. Electric batteries were the 38th most traded product in 2020 at $67 billion according to OEC, a Massachusetts Institute of Technology's data analysis firm.

Mwale's smart cities could make him a key player in the battery storage market due to the ownership of power plants like one at Mwale City.

Expanding that to Electric vehicle batteries, residential and commercial storage will guarantee sustainability of smart cities worldwide, analysts have said.

Wonder who they'll get the lithium from? Love to see a US or EU company pop out of the woodwork and take a cut in Manono instead of the Chinese. Mr pee pee not looking so appealing atm.

 

[Winenut]

first time I saw her I thought she looks like a crook, looks as miserable af too, she actually scares me.

But yeah that article dated 6th of Jan, well prior to IGF report, just more noise from the crooks agenda trying to get their version out in hope it will come to fruition before the truth started coming out, however boy does Nige n Co. have some explaining to do before they open trading. Send those messages and emails boys and girls, ask the hard questions just in case management are contemplating letting us trade on a half arsed ann that doesnt address everything out there, like like the claims in the bs article, give us all answers the market wants Nige.

View attachment 7736

The article was authored by Gary Kuba Bekanga

He seems to have some credibility in the DRC press from what I have been able to find

IS there something in what he is saying?

 

[JAG]

 

[JAG]