AVZ Discussion 2022

Someone put up a couple of pages out of the DRC mining code a few days ago, I can't remember who, but waivering was basically stripping of all rights, Partial waiver was pulling back of in our case the decree / Mining license but retention of exploration rights.

maybe this was the angle DG Cami took, I.e. ye big fella , partial waiver means a part of the tenement gets renounced ; where as Nigel and co may have being thinking ( you'd of hoped they'd checked ) partial just means as per the code that the ML rights come off , but Exploration rights are retained i.e as explained within the announcement when the decree popped out.

You would think that there would be another term sheet for actually fully renouncing as section of a tenement, as opposed to just calling it partial renounce and avoiding such confusion.
It might be my post you’re referring to - it included extracts from both the mining code and the mining regs in relation to relinquishment.

 
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My understanding is that they required document 8196 to renounce the northern section so that they could have a PE southern and PR northern.

Unfortunately, it is my guess they were told they would have first right to reapply for it as a PR. Obviously that didn't happen.
 
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9cardomaha

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My understanding is that they required document 8196 to renounce the northern section so that they could have a PE southern and PR northern.

Unfortunately, it is my guess they were told they would have first right to reapply for it as a PR. Obviously that didn't happen.
This is 'astute'.
 
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Spikerama

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@Sammy_da_Smile @Charbella 8196 - not the bombshell i was hoping for, but the timeline currently:

Dathcom submits application to CAMI to relinquish North on April 1.
Ministerial decree 'expedited' and awareded April 22.

Looking for correspondence around March/April where there is direct request to relinquish the north for awarding the ML on the south.

View attachment 30072 View attachment 30073
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Oh 8196 is just a fishing licence. We are all good 👍

View attachment 30093
You saw ”fishing” but missed the “Female Shirt Data”? How is that a thing?

edit: u also missed “be passionate“ and “hyper beard”. These translations are quite interesting…
 
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CashKing

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Last edited:
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JAG

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cruiser51

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What about if we had something like this?

And after that the dollar counter Jin Cheng took AVZ to court.


I think it was bluff and they now regret it, especially after their juicy blackmail letter.

I don't think Felix would be very amused by it, don't forget it is not with closed doors.
 
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obe wan

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32E204BD-B1F0-4F53-993B-21F333F4F5B0.jpeg


looking at this thing again it does appear that the top section * renewal * waiver * without waiver * discarded squares is basically where the fore mentioned terms are applied ; but that lower section , it does appear that that’s the area where actually renouncing / giving up squares / some squares ( partial) / Carrie’s are dealt with..it would appear judging by this doc , that they did renounce the northern section
 
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JAG

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Momentum is taking shape
1676879878386.png
 
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cruiser51

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Nope, Zijin have stolen our boat mate so back to being fucked again…

Pricks just cannot help themselves…. 😂

GLTAH
Gotta be careful with all them samples in those open sheds, King Kong might steal them too.

It's good AVZ has piccies, just in case.
 
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Charbella

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cruiser51

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It is in the Chinese interest to bring the court case forwards, everyday which passes they look as a country more vulgar.

Might even be smart to withdraw from the ICC case, wankers.
 
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Charbella

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@Sammy_da_Smile @Charbella 8196 - not the bombshell i was hoping for, but the timeline currently:

Dathcom submits application to CAMI to relinquish North on April 1.
Ministerial decree 'expedited' and awareded April 22.

Looking for correspondence around March/April where there is direct request to relinquish the north for awarding the ML on the south.

View attachment 30072 View attachment 30073
Interesting document, I am not sure why we agreed to this. Everything was ticked off for mining license, it wasn’t necessary as we could have gone to court if MoM did not approve the decree within 30 days. Why did we had to expedite the mining license?
 
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cruiser51

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Charbella

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Interesting document, I am not sure why we agreed to this. Everything was ticked off for mining license, it wasn’t necessary as we could have gone to court if MoM did not approve the decree within 30 days. Why did we had to expedite the mining license?
I have a feeling our lawyers are incompetent.
 
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Bin59

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I see MoM Antoinette N’Samba has been sent to Japan - Felix might’ve had enough of Xijin’s antics and may prefer Japan’s “win win” attitude for the DRC going forward.

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To remind;

Antoinette N’Samba Kalambayi received the list of strategic minerals for Japanese investment in the DRC​

December 19, 2022 arnbethnic
Antoinette N'Samba Kalambayi received the list of strategic minerals for Japanese investment in the DRC 1

On Wednesday December 7, 2022, a business lunch in a Japanese restaurant brought together around a table the Congolese delegation, led by the Minister of Mines, Antoinette N’SAMBA KALAMBAYI and officials from the Natural Resources Agency and Fuels as well as those of JOGMEC , structures under the supervision of the Japanese Ministry of Economy, Trade and Industry, METI in acronym.

After the welcome speech by the Director General of the Natural Resources and Fuels Agency, Mr YUKI SADAMITSU, it was time for discussion.

Mr YUKI SADAMITSU presented the list of specific minerals that Japan needs to invest in the DRC, these are lithium, manganese, nickel and cobalt.

Antoinette N'Samba Kalambayi received the list of strategic minerals for Japanese investment in the DRC 2

These strategic minerals are used in the manufacture of batteries and electric vehicles.

Reputed to be a major vehicle manufacturer, Japan would like to obtain supplies directly from the DRC.

For her part, the boss of the mines presented the investment opportunities in the DRC which holds the largest world reserve of these minerals which play an essential role in the energy transition.

In a win-win spirit,

According to Antoinette N’SAMBA KALAMBAYI, the DRC not only holds these minerals, but also, it needs the expertise and technology of Japan to carry out the local processing of the said minerals in order to constitute a value chain.

To conclude, YUKI SADAMITSU reassured the Congolese Minister of Mines that Japan will also take care of the social aspect through the construction of hospitals, schools and roads in order to boost community development.


It should be noted that the Congolese delegation headed by the Minister of Mines was made up of the Principal Advisor to the Head of State, Félix-Antoine TSHISEKEDI TSHILOMBO and Coordinator of the Japan Task Force, Mrs Kelly LUNDA MAWAYA, the Secretary General of Mines, Jacques RAMAZANI and the Chargé d’Affaires of the Embassy of the DRC in Japan, Espé-Martin KAPONGO KAPONGO and the Consultant at the Embassy of the DRC in Japan, Pr LUKUMWENA NSENDA.
 
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obe wan

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waiver , partial waiver , Carre., blocks etc ….Buuuuut where it stands at present ; is that this split has been cancelled and it all reverts back to one under Dathcom…so this doesn’t leave Zijin in the position they thought they were in as the north is currently not available …the 15% ROFR is still rolling around like a hot rock .

wonder if negotiations were sliding around issuing the ML or at least ML south / exploration rights North to Dathcom, whilst Zijin get to hold the 15% of the entire project I.e north and south with them paying up rightful value and providing X% project finance costs …obviously not what AVZ wants ; but it gets north and south untitled and running ; Zijin also get 15% of a potential 2 billion tonne resource .
 
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