AVZ Discussion 2022

Charbella

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John25

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I will have some kabana and pickled onions while watching this thread waiting for some of you rich pricks in Perth to post some good news! 1000000 - FMD!
Anyhow, I was thinking that if you are 100% sure of something price sensitive, shouldn't you make a formal announcement.? Hopefully soon we stop talking about pineapples and on to the old chestnut! 🐳
Jesus ,i cant afford a return bus trip & 2 night accomodation…come to think of it i couldve said i was NF & bill it to AVZ on my expense account …Fuck too late now 🙈😢
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Charbella

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To me this sounds like there isn't going to be another dramatic revealed for the roadshows, like ML / Coop agreement / TO offers etc, as otherwise the email would've said a detailed update would be provided in an ASX announcements prior to roadshows, not just that there will be an update at the AGM on 17 November. Under ASX rules the management can't announce and anything material and new at the roadshow without it being publicly released. So sounds to me the shows are just intended to stroke large holders and prevent any insurrection at the AGM
From the most recent asx announcement:
The Company will provide an update to the market on the status of its activities in the DRC ahead of its planned roadshows and AGM which are scheduled to be held next month.
 
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Wow! One special invite, RESPECT! Let's hope everything comes to fruitation, good luck everyone. 🚀🚀

Charbella, just having a bit of fun. At this stage I'm not sure that I can make it as my better half will be on crutches for a few weeks yet and relying on me during that time.

As the time gets closer, I would be happy to put my invitation link up on these threads to enable someone else to go, but I would want to give it to someone who is prepared to stand up and ask some tough but fair questions, and hopefully some good questions are already being prepared ahead of time and able to be adjusted to suit the flow of information leading up to the event
 
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JAG

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With respect, surface rights are paid by DATHCOM at 100%. Who funds it based on % ownership of DATHCOM can be sorted out later, years later if necessary. The issue isn't who should pay surface rights, it's whether DATHCOM pay on this 'illegal' splitting of 13359 into a smaller PE and a PR

IMO, as a matter of principle, AVZ appear to be content to wait until the MINING CODE is adhered to, and the full 13359 area is granted a PE. If thats actually the case, then good on them for sticking to their guns. We can't let these fuckers run all over us. They know the world is watching, so IMO, AVZ have the upper hand

I personally don't think Cong will throw good money after bad by going to arbitration - the cunt doesn't have a fucking leg to stand on

X, a few months ago @Bin59 posted a section of the DRC Mining Code that read along the lines that the percentage of the state owned portion of the project needed to be determined before awarding of the ML.

Not sure if that referred to either Cominiere or the DRC (which I think owns 90% of Cominiere) but I remember reading it in Bin59's post. I personally think the only thing holding it up is the DG of CAMI (Jean Felix Mupande) who I suspect is Cong's puppet, but at this stage we can only suspect this.

You may be right in your assumptions around Dathcom, and the areas relating to the PE, I just thought I'd add what I'd read in Bin's post to the conversation in case you wanted to check it.
 
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Rediah

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Please setup a webcam outside the Perth RS venue
We will wait for the smoke signal
White Smoke= Pope ML
Black Smoke= Nope

🤞🤞🤞
 
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Samus

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You still on holidays Sam ????
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Nah mate I'm dead set serious now, the fog has lifted 🍹😵‍💫
😉

I went from this:
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To this:
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Which is sort of like going from mining rights paid in a few days to 6 months suspension so I'm used to it. 🤗
 
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JAG

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HMMMMMMMM ........ from Solo
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Dazmac66

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HMMMMMMMM ........ from Solo
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CITIC HIC commenced business in 1958. After more than 50 years of evolution and development it has become a significant global supplier of mining and cement equipment. The works of CITIC HIC are located in Luoyang, China. CITIC HIC produces over 200,000 tons of quality equipment annually.
 
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JAG

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JAG

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wombat74

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CITIC HIC commenced business in 1958. After more than 50 years of evolution and development it has become a significant global supplier of mining and cement equipment. The works of CITIC HIC are located in Luoyang, China. CITIC HIC produces over 200,000 tons of quality equipment annually.
More importantly who is Shengtun Mining ?
 
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Bin59

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X, a few months ago @Bin59 posted a section of the DRC Mining Code that read along the lines that the percentage of the state owned portion of the project needed to be determined before awarding of the ML.

Not sure if that referred to either Cominiere or the DRC (which I think owns 90% of Cominiere) but I remember reading it in Bin59's post. I personally think the only thing holding it up is the DG of CAMI (Jean Felix Mupande) who I suspect is Cong's puppet, but at this stage we can only suspect this.

You may be right in your assumptions around Dathcom, and the areas relating to the PE, I just thought I'd add what I'd read in Bin's post to the conversation in case you wanted to check it.
Hi @MoneyBags1348 ,

I’ve just had another look through my posts, I think this might be the post you were referring to 🤔

 
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Rediah

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HMMMMMMMM ........ from Solo
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Every time some nobody shows up linking themselves to Manono, SHs are like ....
Who Are You Reaction GIF by MOODMAN


what does it mean in a bigger scheme of things ? Seems like everyone is entering Manono except us, having their fill, like the ungrateful relatives that show up as soon as they realise you have won big time in a lottery and start to associate themselves with you.
 
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JAG

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My man Kikki all over sending out positive press for Tantalex (y)(y):LOL:

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JAG

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cruiser51

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  • Home
  • 2022
  • october
  • 24
  • Accusations from journalist Tom Richardson and Boatman to AVZ Minerals on the Manono lithium project?
AVZ.png

Image David Rowe
NEWSECONOMYINTERNATIONAL

Accusations from journalist Tom Richardson and Boatman to AVZ Minerals on the Manono lithium project?​

October 24, 2022
Kiki Kienge

By Kiki Kienge
Did AVZ Minerals accept the court ruling that would strip it of 15% of the shares in the Manono lithium project?
It is in an article published on October 24, 2022 on the Financial Review, that journalist Tom Richardson would accuse the Australian multinational, AVZ Minerals of having recognized the sentence of the court of the Democratic Republic of Congo of September 20, before the International Court of arbitration on the sale price of 15% in the Manono project with Dathomir of the Chinese citizen Cong Mao Huai says SimonCong, in August 2021 for an amount of US$21 million.
In the article there are accusations revealing that AVZ Minerals of having speculated on the lithium boom on the stock market, declaring that the Manono project was the largest lithium deposit in the world of this mineral, To reach a value of 4, US$5 billion.
Tom Richardson writes in particular, telling the London research company Boatman Capitale this:
“In response, Boatman asked attorneys Grosvenor Law to ask ASX and ASIC to investigate AVZ for allegedly misleading the market and failing to meet its disclosure obligations. »
Remember that Dathomir had signed a 15% sale agreement with AVZ Minerals for an amount of US$21 million. But Cong Mao Huai said SomonCong would have retracted after seeing the increase in value of the Manono project following the publication of the definitive feasibility study by AVZ Minerals.
According to journalist Tom Richardson, AVZ Minerals' acknowledgment of the award that would nullify the sale of 15% of Dathomir, would bring the shareholding in the Manono project to this :
  1. AVZ Minerals with 60%
  2. The Chinese group Zijin with 15%.
  3. Dathomir with 15%.
  4. La COMINIERE of the Congolese government with 10%.
But now, after a movement of Congolese NGOs asking the President of the Democratic Republic of Congo H. E. Félix Tshisekedi, the IGF (Inspection Générale des Finances) which works on behalf of the Presidency of the Republic, had published a report on COMINIERE which had been transmitted to the Court of Appeal of Gombe in Kinshasa. This report states that the sale of 15% of COMINIERE sold to the Chinese group ZIJIN was in violation of the provisions of the law of the Democratic Republic of Congo. Therefore illegal, something that will have to be confirmed by the Gombe Court of Appeal.
Sun Kuiyuan, in-house legal counsel for Chinese group Zijin Mining, had said that Zijin Mining is waiting for Zijin Mining's 15% stake in the Manono project to be dealt with in the ICC hearing which will be in April 2023, so that the misuse of Avz Minerals is sanctioned.
Recently, unless journalist Tom Richardson and Boatman Capital are unaware of it, in a meeting with the Minister of the portfolio, Adèle Kahinda Mahina in Kinshasa in the Democratic Republic of Congo, the representatives of the Chinese group ZIJIN Mining proposed to retrocede the 15% to the Congolese State and not to claim the price attached to it, asking to conclude a new partnership in the thermal baths to be defined with the Congolese government. This follows the report of the IGF (Inspection Générale des Finances), which in reality would cancel the purchase of 15 of ZIJING from COMINIERE, giving reason to AVZ Minerals which would keep the 75% in the Manono project.


 
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obe wan

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HMMMMMMMM ........ from Solo
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I had heard about 4 months ago that the company had ordered long leads ; however I didn't think to much more about it as the financial reports since didn't seem to suggest deposits were paid out of AVZ accounts, as these items would generally have at least a 10-15% up front payment :unsure:
 
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wombat74

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I had heard about 4 months ago that the company had ordered long leads ; however I didn't think to much more about it as the financial reports since didn't seem to suggest deposits were paid out of AVZ accounts, as these items would generally have at least a 10-15% up front payment :unsure:
It clearly says for Chengtun Mining not AVZ . They mine copper in the DRC .
 
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