AVZ Discussion 2022

[investinvest]

12ft

Dickhead Tommy backing down.

"In the letter, Zijin said it would not request the return of a $US33.4 million ($48.7 million) payment it had made to Cominiere in 2021 for a 15 per cent interest in Manono if the government agreed to a new joint venture excluding AVZ."

Firstly, Zijin has not paid US$33 million, just US$6 million.

Secondly, requesting a refund means that Zijin admits that the 15% transfer was illegal. If it was legal, why even consider a refund?

Thirdly, if US$6 million or even US$33 million is all it takes to kick Zijin out of the picture, that's small change for the headache that it will save everyone from. Even AVZ can pay them on behalf of the DRC since we also have the US$50 million ATM facility.

DYOR IMO

 

[Flight996]

I would like to understand if the decree cancelling Dathcom's right to mine also cancels the relinquishment of the northern part of CDL.
In other words, when Nigel agreed to cede a portion of the northern tenement, was it conditional or unconditional?
To unconditionally cede and not caveat the agreement would seem amateurish.
Does anyone know if the change was caveated?

Thanks in advance
F

 

[Onthefm]

"In the letter, Zijin said it would not request the return of a $US33.4 million ($48.7 million) payment it had made to Cominiere in 2021 for a 15 per cent interest in Manono if the government agreed to a new joint venture excluding AVZ."

Firstly, Zijin has not paid US$33 million, just US$6 million.

Secondly, requesting a refund means that Zijin admits that the 15% transfer was illegal. If it was legal, why even consider a refund?

Thirdly, if US$6 million or even US$33 million is all it takes to kick Zijin out of the picture, that's small change for the headache that it will save everyone from. Even AVZ can pay them on behalf of the DRC since we also have the US$50 million ATM facility.

DYOR IMO

50 to cong was even cheaper imo

 

[Onthefm]

I would like to understand if the decree cancelling Dathcom's right to mine also cancels the relinquishment of the northern part of CDL.
In other words, when Nigel agreed to cede a portion of the northern tenement, was it conditional or unconditional?
To unconditionally cede and not caveat the agreement would seem amateurish.
Does anyone know if the change was caveated?

Thanks in advance
F

Great question. Must that high country air.

 

[Onthefm]

Great question. Must that high country air.

Bloody hot arvo but the way. Cheers

 

[Flight996]

Bloody hot arvo but the way. Cheers

Yep, bloody hot and windy. Three spots of rain though.
Cheers

 

[obe wan]

I would like to understand if the decree cancelling Dathcom's right to mine also cancels the relinquishment of the northern part of CDL.
In other words, when Nigel agreed to cede a portion of the northern tenement, was it conditional or unconditional?
To unconditionally cede and not caveat the agreement would seem amateurish.
Does anyone know if the change was caveated?

Thanks in advance
F

I've asked that question, Apparently it's all come back to one complete tenement and sits under dathcom mining.....question from this point I suppose is that what does ‘;partial waiver ‘ mean....does this enable the decree to be reissued under the same conditions OR is it a full new decree where Nigel can say you don't catch me out a second time DG and takes it all as ML or south as ML and north as exploration with Dathcom not requiring to go through application process for exploration licence

 

[Spikerama]

French version of Counter fixed now. Good for Twitter posts.

Revenus manqués en RDC

Calcule quotidiennement le revenu que la RDC a perdu depuis l'émission du décret pour la licence minière AVZ/Manono

french-drcmanonotaxlosscounter.netlify.app

 

[Samus]

COMMENT BY THE SPOKESPERSON OF THE CHINESE EMBASSY IN THE DRC ON THE IGF REPORT ON THE CHINESE CONTRACT

 

[The Fox]

View attachment 29886
Tommy , such an absolute flog ; one of the biggest plebs out there

What a fuck'en cock sucker !!!

He better not cross my path in the future, otherwise I'll take him for a walk in the snow.

And you know how that ends.........

 

[ptlas]

French version of Counter fixed now. Good for Twitter posts.

Revenus manqués en RDC

Calcule quotidiennement le revenu que la RDC a perdu depuis l'émission du décret pour la licence minière AVZ/Manono

french-drcmanonotaxlosscounter.netlify.app

Every time I see this counter I laugh out loud. French or English.
A stroke of pure bloody (trying to tone down my language) GENIUS.

Probably the best SM post(s) I've ever seen.

Cheers

 

[BRICK]

COMMENT BY THE SPOKESPERSON OF THE CHINESE EMBASSY IN THE DRC ON THE IGF REPORT ON THE CHINESE CONTRACT
View attachment 29896

 

[Flight996]

I've asked that question, Apparently it's all come back to one complete tenement and sits under dathcom mining.....question from this point I suppose is that what does ‘;partial waiver ‘ mean....does this enable the decree to be reissued under the same conditions OR is it a full new decree where Nigel can say you don't catch me out a second time DG and takes it all as ML or south as ML and north as exploration with Dathcom not requiring to go through application process for exploration licence

Thanks obe wan

Then presumably Zijin and AJN keep circling and probing for weak points, regardless of the law because that's how they operate.

Cheers
F

 

[Rediah]

COMMENT BY THE SPOKESPERSON OF THE CHINESE EMBASSY IN THE DRC ON THE IGF REPORT ON THE CHINESE CONTRACT
View attachment 29896

Sad part is Australian embassy/foreign minister is napping and cant even say a single word in support of Australian's rights and for the company who IS working on this projects for years.

 

[Samus]

COMMENT BY THE SPOKESPERSON OF THE CHINESE EMBASSY IN THE DRC ON THE IGF REPORT ON THE CHINESE CONTRACT
View attachment 29896

The Congolese aren't buying it. Here's a few comments but it goes on and on with close to zero support of this document:

Where is the social housing? Large modern hospitals? 3500 km of rail? Two great modern universities? The hospitals with more than 150 beds, the roads connecting our provinces, apparently you are making fun of the Congolese people

Mr. Ambassador, your comment already provides no objective element that contradicts the IGF report. In addition, the Congolese know that the Chinese contract has not benefited the DRC compared to the Chinese party. It's not a win-win.

You take us for idiots! Who does not know that the Chinese contract is a scam.

From kutambo store to Central Station it's more or less 5 kilometers, explain to us how it can cost $70 million for its expansion?

It would be better to attach the documents which contradict the IGF, to this rag of communiqué which you published.

Contradict the Igf with figures and supporting evidence. Respect the DRC.

You should contradict the report of @ALINGETEJULES_K @IgfRdc with the figures, Give us a numerical balance sheet. Nevertheless, your comment reinforces the IGF report. #HMK

It looks like a veiled threat from the Chinese government to the Congolese government.

 

[Samus]

#IGF on mission at #CAMI The Mining Cadastre is the hub of the MAFIA which operates in the mines. All the shenanigans and mining sell-offs revealed by IGF go through the management of the mining title for which Cami is responsible. MUPANDE is the #BOULON KEEPER of SECRETS of the SYSTEM

 

[LX600]

 

[Charbella]

Mining News are

Read the replies, the Congolese are fuming.

 

[Winenut]

"In the letter, Zijin said it would not request the return of a $US33.4 million ($48.7 million) payment it had made to Cominiere in 2021 for a 15 per cent interest in Manono if the government agreed to a new joint venture excluding AVZ."

Firstly, Zijin has not paid US$33 million, just US$6 million.

Secondly, requesting a refund means that Zijin admits that the 15% transfer was illegal. If it was legal, why even consider a refund?

Thirdly, if US$6 million or even US$33 million is all it takes to kick Zijin out of the picture, that's small change for the headache that it will save everyone from. Even AVZ can pay them on behalf of the DRC since we also have the US$50 million ATM facility.

DYOR IMO

Also misses the complete fucking point that 15% of Dathcom was already valued at $150M

ie 1% = $10million

Jules Alinjete and the IGF made the point very fucking clear

 

[obe wan]

Thanks obe wan

Then presumably Zijin and AJN keep circling and probing for weak points, regardless of the law because that's how they operate.

Cheers
F

Yes that seems to be the case...at some point water eventually finds the point of least resistance, hence why I want this thing wrapped up asap