AVZ Discussion 2022

[Flight996]

That being the case why the fuck didn't management go straight to the icc 12 months ago. Obviously another dropped ball. Always and I mean Always behind this mob.

Hi Onthefm

Since the ICC is the highest appeals court (in France anyway) that rules on the application of law, maybe AVZ could not file its cases until all other avenues of appeal were exhausted...that's the best excuse I could come up with. All other excuses involve swearing and casting doubt on the board's skill and competence.

In the meantime I'll just leave it to AVZ's legal team/s to do the heavy lifting.

Cheers
F

 

[Flight996]

Thanks Flight . How long will the ICC process take ? Can it be appealed ? Also head office told me with regards to the ICC action ,and I quote : "This action does not impact the award of ML nor our ability to progress funding and development of the project."

Hi Wombat

I understand that ICC rulings cannot be appealed, which makes sense because it's the highest appeals court.

I am unsure of management's rationale that the appeals do not affect the awarding of our ML because, amongst other things the ML is dependent on both title and evidence of sufficient funds. Both are indirectly co-dependent on the outcomes of the ICC cases.

Cheers
F

 

[Onthefm]

Hi Onthefm

Since the ICC is the highest appeals court (in France anyway) that rules on the application of law, maybe AVZ could not file its cases until all other avenues of appeal were exhausted...that's the best excuse I could come up with. All other excuses involve swearing and casting doubt on the board's skill and competence.

In the meantime I'll just leave it to AVZ's legal team/s to do the heavy lifting.

Cheers
F

Mate great reply you should have been a poly yourself. We shouldn't be needing to make excuses for management when it's all said and done. Cheers and have a good whats left of Sunday.

 

[wombat74]

Hi Wombat

I understand that ICC rulings cannot be appealed, which makes sense because it's the highest appeals court.

I am unsure of management's rationale that the appeals do not affect the awarding of our ML because, amongst other things the ML is dependent on both title and evidence of sufficient funds. Both are indirectly co-dependent on the outcomes of the ICC cases.

Cheers
F

Makes sense . Thanks mate .

 

[Flight996]

Mate great reply you should have been a poly yourself. We shouldn't be needing to make excuses for management when it's all said and done. Cheers and have a good whats left of Sunday.

Warm here today, and a warmer week ahead.
Nillacootie is looking inviting.

Cheers
F

 

[MoneyBags1348]

I don’t think that the minister of portfolio will get arrested or kicked out of the government, I think she will have a important role for Felix re-election. The DG of cami will not get kicked out too, there must be clear evidence and when no one tell his name nothing will happen. There is evidence against the MoP but Lukonde said she was not involved, he control the Minister of Justice, when no court go against her immunity first who else will go against her? Felix? He had all the time but nothing happened. I think it’s a illusion that she will go. Not in the election year. But I think some will be careful now not to attract even more attention. After all I don’t believe in Felix, he has been talking about improving the business climate for years, but his government is actively working against it. The main actors are not going to jail even after having evidence. Now they forbid the export of lithium but have no active mine yet. What do they expect? International Investors (except the Chinese) building half a dozen chemical plants and starting car factories? From one day to the other, after the first lithium Project ready to go waiting for it’s license for 20 months and counting because parts of the government sell it cheap to Chinese again. And no backing by other government people. I’m sure Bosch, Siemens, Audi, BMW or Volkswagen would love to work in such a climate DRC logo: spend your money in our country and get nothing! while stocks last!

I just hope cominiere don’t start another arbitration, the MoP stops to shoot against us, dathomir gives up and we find a solution with that MMCS shit too without arbitration against cominiere or the government when possible. And hopefully our management is clever enough to offer a good deal the DRC can’t reject that we finally get the ML. And maybe the pressure from the NGOs have a little help.

@wombat74 my most loved unicorn until today was the 17th October: we are 100% confident to get the collaboration agreement and SEZ. The most I like: we are confident that we trading again soon. So I have learned 3 months are not soon in nigels view. But you can try to ask your ML /CDL question to the management. After I have raised my worries the answer i get was all my matters are under control and we have a extrem competent management. Maybe you get more then this thigh slapper^^

WELCOME TO THE
DEMOCRATIC REPUBLIC OF CORRUPTION

​

 

[wombat74]

WELCOME TO THE
DEMOCRATIC REPUBLIC OF CORRUPTION

View attachment 26475 ​

"He won't be in the job for much longer ." Moneybags are you rolling on the floor with laughter ?

 

[Dazmac66]

WELCOME TO THE
DEMOCRATIC REPUBLIC OF CORRUPTION

View attachment 26475 ​

AVZ should be keynote speakers and tell their DRC story to the world's mining and investment industries.

 

[The Fox]

Some people have obviously been getting their jollies over the past months lying to us about the fate of the the Green Grub among other things . The so called intel have just been winding us up . It's all BS . Poor old Fox lead up the garden path and back again . Punters desperate for news of any positive progress willing to believe anything these sadistic pricks tell them .

Hey Wombat

HNY !!

I'd love to see the Princess with her bags packet and gone. However I don't believe I've stated she is gone or arrested etc, that was others. I'd certainly advocate for it, but would only celebrate once confirmed across multiple news agencies as per my recent post on this. You might recall yesterday some posting that the Princesse was probably one of the 17 marked down to 13, I didn't say a word and believe like others her votes / local support on the ground is needed by Felix. At best you would hope Felix moves her to a less influential portfolio.

Happy to be directed to a post that's contrary to what I've stated above, occasionally I do post while in a drunken stupor, but don't recall making any claims that the Process is gone, just always hopeful.

Cheers The Fox

 

[DiscoDanNZ]

AVZ should be keynote speakers and tell their DRC story to the world's mining and investment industries.

I wonder if it would contradict Felix's international 'we're open for business, investors wanted' journey at all

 

[tonster66]

When you know there is corruption and you allow that corruption to continue then you are corrupt! To then live with that lie you say things like "Show me the evidence".

 

[Xerof]

Hey Wombat

HNY !!

I'd love to see the Princess with her bags packet and gone. However I don't believe I've stated she is gone or arrested etc, that was others. I'd certainly advocate for it, but would only celebrate once confirmed across multiple news agencies as per my recent post on this. You might recall yesterday some posting that the Princesse was probably one of the 17 marked down to 13, I didn't say a word and believe like others her votes / local support on the ground is needed by Felix. At best you would hope Felix moves her to a less influential portfolio.

Happy to be directed to a post that's contrary to what I've stated above, occasionally I do post while in a drunken stupor, but don't recall making any claims that the Process is gone, just always hopeful.

Cheers The Fox

I think our more ‘enthusiastic’ tweeters tend to push the barrow a bit far from the perspective of translating, and adding 2 and 2, sometimes.

Drawing of long bows comes to mind quite often on posts over there

Princess was detained and questioned for 5 hours is as near to the truth I am prepared to go

And I don’t believe any Ministers have gone as part of this 17 to 13 reduction of ‘colleges’ whatever that exactly covers (yet)

As for her being guilty of corruption, fuck, put her on trial first, before declaring it as fact (actually I might be guilty of doing just that early on)

Lukonde chooses Ministers, not Felix, so, given he is effectively “not quite in Felix’s camp”, and is more aligned with the green mamba, who by the way is now greasing up Felix’s arse for the election, IMO, she’s staying the course

Sad but realistic. Come on, fight me

Fuck I’m tired of this shit, worn out and losing enthusiasm for staying positive

Which is exactly what Zijin want us to do. Well they can fuck off too

Kunt

 

[BEISHA]

We received approval for the favourable opinions and were then given a Ministerial Decree for the mining licence in April 2022. AVZ management were initially happy enough with that to trade for 3 days after announcing it to market. The only reason the contract has stalled is because management agreed to partition the northern part of the tenement and Mupande took advantage of their mistake. Not sure what else you expected Felix Tshisekedi to do up until that stage.

The alleged crimes by Cominiere, Zijin and the MoP didn't occur until Q3 2021. The law has to be reactive not proactive. Real life isn't Minority Report. All I'm saying is that if it wasn't for Felix supporting the IGF then the CEO and technical director of Cominiere wouldn't have been arrested and Jules Alingete wouldn't be publicly calling for action against Zijin and the MoP imo

" The only reason the contract has stalled is because management agreed to partition the northern part of the tenement and Mupande took advantage "

" the premise was that we returned the northern section to govt.....we havnt. "

Hmmmmm.....if i am to believe AVZ bod ( which i do ) and this is only the issue holding AVZ back, why hasnt FT taken Mupande to task ? Whats the hold up ?

" The alleged crimes by Cominiere, Zijin , MOP didnt occur until Q3 2021 "

Again, if FT had set up IGF in 2019 / 2020 and followed the developments of Manono closely( the biggest and most important project in DRC ), then those " alleged " crimes should never have come to pass in the first place and how the fuck was all that kept quiet until the ML decree was awarded ?

This is where the blow torch should also be directed to AVZ BOD and their " continuous disclosure " obligations

" IGF report complete.......sides with AVZ" ( May 2022 )

IGF report would be akin to the " royal commission " in Australia one would of thought, whereby Govt then acts on that report.

Why hasnt Felix acted on the IGF report ?...........its been 8 fucking months !!


Carlos, i am simply highlighting the gross inadequacy of a president who probably has good intentions, but in essence, is a weak piece of shit and has left AVZ out to dry, whilst stroking the cock of the real ruler in DRC.........the chinese.

Mark my words, what ever the out come is with AVZ, the reputational damage of the DRC thru this whole shit show has already been done, its immense and will be difficult to reverse going forward.

Lol, i have been running the ruler over a high grade gold play, just about ready to produce, ticks all the boxes ..........except its located in West Africa....................wont touch it !!!


Just sayin, just my opinion.

 

[Samus]

I think our more ‘enthusiastic’ tweeters tend to push the barrow a bit far from the perspective of translating, and adding 2 and 2, sometimes.

Drawing of long bows comes to mind quite often on posts over there

Princess was detained and questioned for 5 hours is as near to the truth I am prepared to go

And I don’t believe any Ministers have gone as part of this 17 to 13 reduction of ‘colleges’ whatever that exactly covers (yet)

As for her being guilty of corruption, fuck, put her on trial first, before declaring it as fact (actually I might be guilty of doing just that early on)

Lukonde chooses Ministers, not Felix, so, given he is effectively “not quite in Felix’s camp”, and is more aligned with the green mamba, who by the way is now greasing up Felix’s arse for the election, IMO, she’s staying the course

Sad but realistic. Come on, fight me

Fuck I’m tired of this shit, worn out and losing enthusiasm for staying positive

Which is exactly what Zijin want us to do. Well they can fuck off too

Kunt

Seems to me like princess is being allowed to control the narrative on mainstream media over there.
Felix has done nothing.
Still no known issues sorted, only years of court cases to look forward to, everything has only got worse and the level of corruption has become more apparent or princess Toad would be in jail. The phantom Mapunde hasn't even rated a mention in any media since suspension other than kongopress.
Management obviously aren't up to the task nor are their lawyers or advisors. They dropped the ball during covid and fucked themselves and us.
I'd say we can look forward to working hard for a living this year, I've already started. Ignore this fucking shit or lose our minds is my assessment after some time out.
DRC government are willing to loose a staggering amount of money instead of simply issuing the surface rights why?
I'm tipping we're pretty much fucked for the foreseeable future, no reason to feel otherwise.

 

[wombat74]

Hey Wombat

HNY !!

I'd love to see the Princess with her bags packet and gone. However I don't believe I've stated she is gone or arrested etc, that was others. I'd certainly advocate for it, but would only celebrate once confirmed across multiple news agencies as per my recent post on this. You might recall yesterday some posting that the Princesse was probably one of the 17 marked down to 13, I didn't say a word and believe like others her votes / local support on the ground is needed by Felix. At best you would hope Felix moves her to a less influential portfolio.

Happy to be directed to a post that's contrary to what I've stated above, occasionally I do post while in a drunken stupor, but don't recall making any claims that the Process is gone, just always hopeful.

Cheers The Fox

I was also taking about intel in general ("among other things") not just the Green Grub . I appreciate your input . It's much better than mine . Not your fault your source of intel has not been reliable. My point is these f--ks (not you) have been yanking our chain feeding us false information . So it's "hopefully" next week for the ML right ?

 

[Onthefm]

Warm here today, and a warmer week ahead.
Nillacootie is looking inviting.

Cheers
F

They're catching a few as well my mates are telling me. Cheers

 

[The Fox]

Ok, got you

Yes that timeline was communicated for the ML. It was stated before Christmas and again after Christmas. I also provided a caveat that good 'ol Nigel is yet to be right on any timeline call, and for all here to take it on board as much or as little as you wish. As said previously, (or similar) it would be nice if he was right just once out of a dozen bloody times, it's just a joke that's certainly not funny. What the fuck was he doing all last year, guessing the timelines? or was Momentum guessing? Very fucking annoying.....

I started this post fairly relaxed, now I'm heading to the fridge for a beer shaking my head.......

Have a good evening mate.

Cheers The Fox

 

[Onthefm]

When you know there is corruption and you allow that corruption to continue then you are corrupt! To then live with that lie you say things like "Show me the evidence".

Mate exactly. Being in a tenuous political place makes him part of the problem. Maintain power above all else. Moto of all politicians in all countries.

 

[Onthefm]

When you know there is corruption and you allow that corruption to continue then you are corrupt! To then live with that lie you say things like "Show me the evidence".

Mate exactly. Being in a tenuous political place makes him part of the problem. Maintain power above all else. Moto of all politicians in all countries

Ok, got you

Yes that timeline was communicated for the ML. It was stated before Christmas and again after Christmas. I also provided a caveat that good 'ol Nigel is yet to be right on any timeline call, and for all here to take it on board as much or as little as you wish. As said previously, (or similar) it would be nice if he was right just once out of a dozen bloody times, it's just a joke that's certainly not funny. What the fuck was he doing all last year, guessing the timelines? or was Momentum guessing? Very fucking annoying.....

I started this post fairly relaxed, now I'm heading to the fridge for a beer shaking my head.......

Have a good evening mate.

Cheers The Fox

Mate appreciate any news you come by good or bad cheers. I'll end up spending any profit from this shitshow on shrinks. If there is any.

 

[TDITD]

Understand your reasoning . However Roche Dure alone will be 1 Billion + tonne high grade . Surely we will be a TO target . I have never thought for 1 second we will mine .Also CDL is yet to be drilled and defined plus all the other steps which will take many months . The President will want Roche Dure up and running . I'm coming from somewhat of a selfish stand point . I'm only interested in the share price and having access to my money .

I'm with you there wombat, I didn't get in this to lose money or have it tied up. I guess I'm alot more cynical than you are about giving away half our tenement, if we were to hand over land to get the ML off the grubs I do think we will be a takeover target but, it will probably be after a long slow bleed out with many roadblocks, holdups and some serious price manipulation thrown in our direction.

If we were to hand over the land, our troubles certainly won't end there imo it'll ramp up. So I'd be very reluctantly in the sell camp as soon as it occurred.

Much rather karma comes to visit and we get the ML while the bastards get their 'rewards'. The sooner the better, we have all been waiting too long for those who matter to catch up.