AVZ Discussion 2022

[Carlos Danger]

Where was Lukusa (our attorney) and Marius (strategic advisor) when all this was going on…. hanging out with Felix, on their private jet’s, and taking bullshit

Maybe Christian Lukusa needs to fact check his website and twitter account…. What happened to “Working 24-7 for AVZ”…. Not to mention

“Over 18 Years of Experience combined with in-depth industries knowledge as former in-house counsel or current external counsels, our team provide tailored legal, advisory and cost-effective services”

“WE AGGRESSIVELY ASSIST YOU TO DE-RISK YOUR PROJECT FROM MARKETS PENETRATION TILL TO THE ROLL-OUT”

“Our people can provide high-level full legal services and industries expertise to our clients through our strategic alliances”

“The Firm recently advised and represented AVZ MINERALS on all its steps of its the application for its mining license for its Lithium and Tins Project in Manono”


Not a good way to start the day….

Unfortunately I don’t look at life with a glass half full or half empty, I don’t believe people who say they are working 24-7 and I don’t believe people who say they give 110%, speculate or spread rumours

…. Second chances and leprechaun’s maybe

Great post

Yes by extension AVZ's lawyers are also to blame here. If I had a lawyer that made this type of mistake in the advice they gave I would terminate their services immediately. I was focusing on management because they are ultimately the ones that we as shareholders can hold responsible if we lose the northern area.

 

[obe wan]

Great post

Yes by extension AVZ's lawyers are also to blame here. If I had a lawyer that made this type of mistake in the advice they gave I would terminate their services immediately. I was focusing on management because they are ultimately the ones that we as shareholders can hold responsible if we lose the northern area.

I think it depends also though Carlos ; I would assume that ,as per mining code management with the aid off momentum put forward the application for the entire tenement to fall under the mining licence …. But likely DG with his little box of tricks only issued half along with his excuse as to why it was split.

AVZ after all that time waiting and 1000s of SHs calls to the AVZ phone line by AVZ shareholders ; that they likely prematurely ejaculated only for Momentum to come in any say ; hold the horses , this ain’t right , this is not the way it works and likely the reason why we got pushed into suspension so quick after the decree release

 

[Xerof]

What is that?

View attachment 26920

Public Notice of Manono Lithium Rights Ownership – Amsterdam & Partners LLP

amsterdamandpartners.com

Looks like they have taken COMINIERE to ICC

Recall, there have been 2 or 3 court cases MMCS vs AVZ already - outcomes in AVZ favour

But Princess clusterfuck was asked to 'come to an arrangement' with MMCS a while ago now, and what did she do? - she fucking gave MMCS 5% of DATHCOM

I remember the comment at the time was 'oh, this is going to cause some difficulties'

and now, here we have it, they are having yet another crack

#everybodywantsmanono

#clusterfuck

Arsehole

 

[Carlos Danger]

Remember these are just my ramblings based on a bag of information crumbs which I reckon everyone has been fed at various times over the last 8 months , be it on the bird , mutterings from roadshows or announcements…. I’m sure there’s many jigsaws out there .

Your question -‘ so we haven’t got the mining decree for the tenement’

As per AVZ announcement - ‘The ministerial decree excludes a Portion of land to the North which will blah blah blah which will be required ( hasn’t been yet ) to be renewed under a 5 year exploration permit ‘

It’s a decree is for award of a mining licence , so it covers the mining licence to to South ; but as the north was referenced as requiring a permit to be renewed as an ‘exploration’ ; the ministerial decree for a mining licence effectively wouldn’t cover that.

So South is covered by the decree ; north isn’t.

Based on my view , since DG ( the issuer of the assessed application ) slipped something in there ( stated FT made decision to split ) , which was untrue and diverted the course of the mining licence application from the typical Mining code rails ; then if AVZ found this then , now or down the line , then AVZ would be well within their right to pull the hand break and have that overturned ; which is what’s being done imo.

For me it just offers a bit more logic than DG just not feeling like pressing the calculator buttons today or for over the last 8 months.

If AVZ have sorted this out and it’s been realigned with the mining code ; then the decree should be getting reissued covering both North and South is what I reckon .

There was a lot of commentary about that DG of CAMI Twitter account and If it was real or not ; that accounts been opened about 10 years ; very little activity on it over that time ; apart from a few tweets where he seemed to go off the handle at some AVZ holders where he stated some randoms as to why AVZ shouldn’t get the North e.g didn’t explore up there , too much on their plate with the south , only speculative exploration company ….. sounds like the sort of views one would have on reviews on initial applicant … so I’m more in the ‘it’s a real account , as opposed to fake ‘

Remember DG approves / reviews these applications , I reckon he said they were going to renew under the 5 year extension ; but he did his back if a ciggy packet review and already had AJN sitting in the lobby with their 5 pages half licked application.

AVZ would have applied for the entire tenenent to be covered by mining licence ; mining decree jssued only with half due to FT splitting it ( not the case ) ; If the legals have done there job and the FT bullshite has been taken out of the equation ; then the next ann ( excluding any extensions) should be a decree covering 13359 in its entirety .

Whether the line in the same paragraph, as provided in earlier post will have any weight that may lead to some adjustments ; who knows …

‘Discussions of ongoing terms of the JV agreement to be finalised’

As I’ve said these are just my ramblings ; I’m sure others will have their own versions which they have pieced together

I think it depends also though Carlos ; I would assume that ,as per mining code management with the aid off momentum put forward the application for the entire tenement to fall under the mining licence …. But likely DG with his little box of tricks only issued half along with his excuse as to why it was split.

AVZ after all that time waiting and 1000s of SHs calls to the AVZ phone line by AVZ shareholders ; that they likely prematurely ejaculated only for Momentum to come in any say ; hold the horses , this ain’t right , this is not the way it works and likely the reason why we got pushed into suspension so quick after the decree release

I think AVZ management are happy either way as long as we get the whole tenement in one form or another. That is still a failure to understand the mining code imo but moving the project forward is more important to them at this stage.

We have taken CAMI to court to finalise the licence as it stands in the ministerial decree. Nigel said at the AGM 'Other steps in way of ML – CAMI have held up the invoicing, illegally in our view.' Which shows that they are willing to accept just the south as a PE if the north is retained by Dathcom as a PR.

Yes obviously what Mupande is saying in the court about calculating the surface rights is bullshit. But he can get away with saying whatever the fuck he wants because CAMI have autonomy and management allowed this 'dispute' to become a leveraging tool he can attempt to use. If AVZ ceded the north I'm sure his calculator would be working just fine.

AVZ management must ensure that we don't lose an inch of our tenement. It should be the whole area as a PE. Fuck going through applying for a new mining licence for the northern area. But if there must be a partition then we have to keep the north as a PR. If AJN somehow attained the north then Nigel would have to resign from AVZ because of the shares he holds in AJN. That is the entire reason for the suspension imo

Here is my post about a possible new ministerial decree or an amendment to the existing one from a few weeks ago:

From the AGM:

What happened after ML Decree, spurious yet we’re in suspension. What’s the main issue for ML – is it Dathomir, is Zijin ICC arbitration 15, dispute with exploration rights?

A: Lot of players in vogue here in country, lot of hatchet jobs being done – President had a bad view from being ill advised by detractors (e.g. we hadn’t done anything, didn’t have money experience, and were speculators). Detractors continuing, but slowly slowly we’re working to remove the blocks.

We knew Chinese would have a crack, but we did not expect parts of DRC government to be in on it?

A: Nor did we - “we thought it was gambit by Chinese groups to get project cheapest way. We weren’t aware it was also elements of the government complicit. We can’t go into it, but rest assured those people are being turned over within meetings with real information is being shared, and people put on the spot.

Collusion between all those 3 – namely Zijin, Jin Cheng, CAMI?

A: That would be astute thought

Issue that a portion of mines directorate said we hadn’t done the work on the northern tenement area, and shouldn’t get the north?

A: That’s not within the mining code. So 13359 should be retained in its entirety – however the northern area may need to come under a separate exploration tenement, even though that’s not the established process. – We know who’s behind this (e.g. DG CAMI)

What about AJN having a crack

A: “their premise is that we’ve returned the northern tenement to government. We haven’t. Draw a conclusion out of that”. I was a founding director and bought in as gold explorer. Found out late in the piece for a lithium plan – stepped away as soon as learned that. Shares bought before that lithium plan came into play. No conflict of interest.

Interview NF mentioned once mentioned once decree issued 10 day period before Court could issue the licence. What happened?

A: This was a misunderstanding. As soon as your documentation was in order and issued, this talk of periods was regarding the ministerial decree. Other steps in way of ML – CAMI have held up the invoicing, illegally in our view.

 

[Mr Inappropriate]

I think it depends also though Carlos ; I would assume that ,as per mining code management with the aid off momentum put forward the application for the entire tenement to fall under the mining licence …. But likely DG with his little box of tricks only issued half along with his excuse as to why it was split.

AVZ after all that time waiting and 1000s of SHs calls to the AVZ phone line by AVZ shareholders ; that they likely prematurely ejaculated only for Momentum to come in any say ; hold the horses , this ain’t right , this is not the way it works and likely the reason why we got pushed into suspension so quick after the decree release

Excellent posting @Carlos Danger and @obe wan - not much in this shitshow makes sense but it feels like you‘re close to the mark.

 

[Xerof]

@obe wan said:
AVZ after all that time waiting and 1000s of SHs calls to the AVZ phone line by AVZ shareholders ; that they likely prematurely ejaculated only for Momentum to come in any say ; hold the horses , this ain’t right , this is not the way it works and likely the reason why we got pushed into suspension so quick after the decree release

And also when Nige found out AJN were going to apply for North???????

 

[Bin59]

.

A little bit of reading on Felix and party infighting…. but unfortunately you have to subscribe to get the full article

DRC: Can Félix Tshisekedi count on the UDPS? - The Africa Report.com

Now in charge, the government’s former opposition party has struggled to make the transition. Will earning a second presidential mandate in a year’s time be a real asset?

www.theafricareport.com

View attachment 26818

False info spread by detractors to disrupt the party? Is Info.cd on the “not to be trusted” media list?

 

[DiscoDanNZ]

HI disco

Yeah , a good time was had all round at the Como.

Great having a chat with you, you have a pearler Mrs as well, how the fuck you reeled her in i will never know.....

I never said i had a big beard btw.....

Christ, its a crew cut compared to your rangy mop, how long have you been growing that ?

I reckon half the dinner gets lost there right ?

All the best with the new job .

Take care

I don't know how either, just need to keep reminding myself that I need her more than she needs me

I had it for over a year and the then future wife hated it and said I wasn't allowed it for our wedding so a few months before I got rid of it, then she wouldn't come near me because I looked like a 10 year old boy without it so the current one is since 2018. I got half of it chopped off back in about May and the barber takes the whipper snipper to it every second month. It grows pretty well considering I only started growing it when I got out of carsales and realised I had no reason to shave anymore . I don't actually lose much food in it but I can no longer eat soup safely

Can you PM that charting video you were talking about? The wife said she's interested to know more and since I'll be earning money again soon we might be able to afford 2 ASX gambling addictions .

At least since we didn't discuss 'ol Twot Investor we have an excuse for another catch up in the future too.

 

[wombat74]

I think AVZ management are happy either way as long as we get the whole tenement in one form or another. That is still a failure to understand the mining code imo but moving the project forward is more important to them at this stage.

We have taken CAMI to court to finalise the licence as it stands in the ministerial decree. Nigel said at the AGM 'Other steps in way of ML – CAMI have held up the invoicing, illegally in our view.' Which shows that they are willing to accept just the south as a PE if the north is retained by Dathcom as a PR.

Yes obviously what Mupande is saying in the court about calculating the surface rights is bullshit. But he can get away with saying whatever the fuck he wants because CAMI have autonomy and management allowed this 'dispute' to become a leveraging tool he can attempt to use. If AVZ ceded the north I'm sure his calculator would be working just fine.

AVZ management must ensure that we don't lose an inch of our tenement. It should be the whole area as a PE. Fuck going through applying for a new mining licence for the northern area. But if there must be a partition then we have to keep the north as a PR. If AJN somehow attained the north then Nigel would have to resign from AVZ because of the shares he holds in AJN. That is the entire reason for the suspension imo

Here is my post about a possible new ministerial decree or an amendment to the existing one from a few weeks ago:

View attachment 26922

From the AGM:

What happened after ML Decree, spurious yet we’re in suspension. What’s the main issue for ML – is it Dathomir, is Zijin ICC arbitration 15, dispute with exploration rights?

A: Lot of players in vogue here in country, lot of hatchet jobs being done – President had a bad view from being ill advised by detractors (e.g. we hadn’t done anything, didn’t have money experience, and were speculators). Detractors continuing, but slowly slowly we’re working to remove the blocks.

We knew Chinese would have a crack, but we did not expect parts of DRC government to be in on it?

A: Nor did we - “we thought it was gambit by Chinese groups to get project cheapest way. We weren’t aware it was also elements of the government complicit. We can’t go into it, but rest assured those people are being turned over within meetings with real information is being shared, and people put on the spot.

Collusion between all those 3 – namely Zijin, Jin Cheng, CAMI?

A: That would be astute thought

Issue that a portion of mines directorate said we hadn’t done the work on the northern tenement area, and shouldn’t get the north?

A: That’s not within the mining code. So 13359 should be retained in its entirety – however the northern area may need to come under a separate exploration tenement, even though that’s not the established process. – We know who’s behind this (e.g. DG CAMI)

What about AJN having a crack

A: “their premise is that we’ve returned the northern tenement to government. We haven’t. Draw a conclusion out of that”. I was a founding director and bought in as gold explorer. Found out late in the piece for a lithium plan – stepped away as soon as learned that. Shares bought before that lithium plan came into play. No conflict of interest.

Interview NF mentioned once mentioned once decree issued 10 day period before Court could issue the licence. What happened?

A: This was a misunderstanding. As soon as your documentation was in order and issued, this talk of periods was regarding the ministerial decree. Other steps in way of ML – CAMI have held up the invoicing, illegally in our view.

"If AJN somehow attained the north then Nigel would have to resign from AVZ because of the shares he holds in AJN. That is the entire reason for the suspension "

Or Nigel could sell his interest in AJN . So if AJN somehow take Nth CDL it's bye-bye Nigel ? We would have been far better off if CDL never existed .

 

[Bin59]

Never a dull moment in the DRC, a Chinese contract cancelled by Felix.

“As with the 100-day program, Tshilejelu is in particular a presidential project that is managed directly by the presidency through the Councillors of the Head of State.

The first consequence of this bitter finding by Head of State Félix Tshisekedi, the termination of the contract signed with the Chinese Company, CREC-7 on the Tshilejelu project.

The official reason would be the technical incapacity of the Chinese company requested for the deployment of the equipment and materials of the Tshilejelu project.”

 

[DiscoDanNZ]

Back to the serious discussion here I'm not going to quote all the replies but in response to @obe wan , @Onthefm and @Carlos Danger RE: the northern section split my thought that's come from your posts over the last 24 hours is this...

IF there was some type of deal struck between us and Cominiere (whether through deception from them or not) that for us to gain the ML we need to split the tenement into Southern section for PE and Northern as a PR due to where we have/haven't done enough work to qualify it for a mineable resource and we then reapply for the PR on the northern section. Wouldn't this mean that, tying back in with the contract type paperwork part of this:

The ML has been granted and the tenement 'split' on the above basis otherwise there would be no seperate Northern section for AJN/King Kunt Klaus (no I'm not going to shorten that nickname btw) to apply for? Surely the awarding of the ML would be the equivalent of the deal being signed sealed and delivered thus creating the seperate tenement?

Let's say it's a block of land you were sub dividing, you apply to split it in two but before the council has even approved to the sub division another developer comes in and starts applying for DA on a section that technically doesn't even exist yet...

I'm not even going to go into the corruption side of it but another point to make would be how did AJN/King Kunt even know that there was going to be a tenement coming up for grabs that doesn't exist yet surely there is some type of confidentiality component to ML application's until they are approved/declined that has been breached.

 

[Xerof]

FUCK, the hotcrapper guys reckon this MMCS case to ICC is a good thing. Jesus wept

Remember 13559 replaced the very same tenement MMCS had ripped off them, for allegedly not making enough progress. Remember COMINIERE don't like us. Also remember Klausterfuck got us the tenement in the first place

I understand they probably have very little chance of success, but

FMD, someone tell me what happens if MMCS win the tenement back please?

sorry to spoil your day

Kunt
I mean Arsehole

I sound like Cleaver Greene off RAKE (one of the best TV series to come out of Australia btw)

 

[Carlos Danger]

"If AJN somehow attained the north then Nigel would have to resign from AVZ because of the shares he holds in AJN. That is the entire reason for the suspension "

Or Nigel could sell his interest in AJN . So if AJN somehow take Nth CDL it's bye-bye Nigel ? We would have been far better off if CDL never existed .

If our managing director personally financially benefits from AVZ shareholders losing part of our prized asset then his position is completely untenable imo

100% agree Nigel should sell his shares in AJN. He should have done so immediately when he discovered that AJN were trying to get CDL and he put us into suspension. Why Nigel would still want to be in business with an absolute deadshit cunt like Klaus after all the crap he has done to us is to me a bigger red flag than you will find in all of China.

From later on in my post on December 20th:

 

[Bin59]

 

[John25]

Appreciate the effort here by many on TSE to provide information and conjecture over this very frustrating time.

Signing off till the 1st of Feb, holidays afoot, eating, drinking, fishing, golf and maybe a root or two, so no point wasting X hours per day worrying about AVZ here or elsewhere IMO until something positive is announced by the company.

All the in's and out's have been discussed here over and over, at this stage there is nothing new to learn unless some news breaks out of the DRC concerning the corrupt players.

Fingers crossed Ml/PE comes through this month

See you on the flip side all

Cheers The Fox

Fox ….are Foxes similar too Wombats

 

[JAG]

IMO, Nigel has known about the Northern section for quite a while now, even well before the Perth RS and failed to disclose to SH.

Reflecting on my notes form the Perth RS, Nigel made it very clear that he was prepared to give up the Northern section and also stated "it doesn't matter due to the high mica content."

This northern section and his holding of shares in the competition has "dodgy as fuck" all over it.

Sorry, but Nigel is a SNAKE until he proves otherwise.

IMO

 

[John25]

Plus also celebrating 36 weeks in Suspension

 

[John25]

IMO, Nigel has known about the Northern section for quite a while now, even well before the Perth RS and failed to disclose to SH.

Reflecting on my notes form the Perth RS, Nigel made it very clear that he was prepared to give up the Northern section and also stated "it doesn't matter due to the high mica content."

This northern section and his holding of AJN shares has "dodgy as fuck" all over it.

Sorry, but Nigel is a SNAKE until he proves otherwise.

IMO

“Not a conflict of interest “we were told …nothing too see here SHs …doesnt matter which way we turn …we’re being bent over ..Getting sick of being bent over …i want to bend someone over for a change

 

[investinvest]

FUCK, the hotcrapper guys reckon this MMCS case to ICC is a good thing. Jesus wept

Remember 13559 replaced the very same tenement MMCS had ripped off them, for allegedly not making enough progress. Remember COMINIERE don't like us. Also remember Klausterfuck got us the tenement in the first place

I understand they probably have very little chance of success, but

FMD, someone tell me what happens if MMCS win the tenement back please?

sorry to spoil your day

Kunt
I mean Arsehole

I sound like Cleaver Greene off RAKE (one of the best TV series to come out of Australia btw)

The MMCS vs Cominiere is nothing new. Already ongoing since 2019. Status still pending meaning the alleged upcoming meeting is just another session in the ongoing process, not a new claim since the public notice by Amsterdam Lawyers was posted.

Jus Mundi | Smart Search for International Law and Arbitration

Global legal professionals use Jus Mundi’s AI-powered technology to efficiently deliver thorough legal research and due diligence with full confidence.

jusmundi.com

DYOR IMO

 

[Frank]

Never a dull moment in the DRC, a Chinese contract cancelled by Felix.

“As with the 100-day program, Tshilejelu is in particular a presidential project that is managed directly by the presidency through the Councillors of the Head of State.

The first consequence of this bitter finding by Head of State Félix Tshisekedi, the termination of the contract signed with the Chinese Company, CREC-7 on the Tshilejelu project.

The official reason would be the technical incapacity of the Chinese company requested for the deployment of the equipment and materials of the Tshilejelu project.”

*To add, fwiw,

Fiasco in the execution of the works of the Tshilejelu project: the presidency terminates the contract signed with Crec-7

Disappointed by the bitter observation made on the ground, the Presidency of the Republic terminated the contract for the execution of the works signed with the Chinese company Crec-7 following the slowness observed on the ground.

Information made public this Thursday, January 12, 2023.

According to concordant sources, the slowness observed in the execution of the work and the suspicion of embezzlement of public funds weighing on the file would be the straw that broke the camel's back at the level of the Presidency of the Republic.

It will be recalled that last March, the General Inspectorate of Finance predicted the fiasco of this project, which it described as a "planned scam".

In its report, it noted that after eight months of work: - 2 km of road were paved in Kinshasa;
– zero km in Mbuji-Mayi;
– only 6 km in all of Kasai Oriental out of the 25 km planned;
– in the cities of Tshikapa, Kabinda, Lusambo and Mwene-Ditu the work has not even started.

The price per km of road went from US$350,000/500,000 to be billed to the Congolese State to US$982,073.

– US$13,000,000 is said to have already been released by the bank between February and June 2021, but only US$4,061,583 has been used, US$8,938,417 has disappeared in obscure commissions (more than two thirds of the amount disbursed) .

As a reminder, Félix Tshisekedi had made an inspection visit in December in Grand Kasaï to inquire about the progress of the work.

Against all expectation, the finding was disappointing and it was in perfect contrast to the sums already released.

"I came to see with my own eyes whether they worked or not.

If they have not worked, they owe me relevant explanations, otherwise they will go to prison, "announced Félix Tshisekedi after going personally to Greater Kasai to inspect the progress of the work.

mediacongo


*Maybe he should visit Manono