AVZ Discussion 2022

ACAJ have also put out some absolute bangers in the past imo
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Not really happy about being back on here posting when I was taking the week off but....

I agree with what @obe wan had to say about ACAJ and @Carlos Danger I like seeing shareholders dig and produce information like this post of yours.

I started a 'Corruption' thread last year that had four links (between June 2021 and March 2022) to Jean Felix Mupande and Chantal Bashizi

NGO's, women's rights groups and ACAJ called on Tshisekedi, Lukonde and Antoinette N'samba Kalambayi to replace Mupande with Chantal Bashizi. In her letter of June 16, 2021, the Minister of Mines, Antoinette Nsamba gave the reason for this postponement. According to her, this postponement was carried out on the instructions of Prime Minister Sama Lukonde. ACAJ denounced this discrimination based on gender and made a plea to respect the rights of Mrs. Chantal Lembo Bashizi.

On the thread I named several sus people in the DRC including the Director General and several Technical Directors at Cominiere.... I put a link to that thread below:



Anyway, I just see a new AVZ announcement that we have been issued two new Ministerial Decrees, so GOOD NEWS HOPEFULLY!
 
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Manook

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Screenshot_2023-02-06-10-21-21-87_1843fd3f74f49144123f76a000cd5e7e.jpg
 
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Manook

Member
Screenshot_2023-02-06-10-21-31-72_1843fd3f74f49144123f76a000cd5e7e.jpg
 
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TheCount

Regular
Let's all welcome our new partner, Zinjin.....

TC.
PS - this is one fucked up Country.. On your head FT.
 
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wombat74

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PLAN B
 
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CHB

Regular
is this at brenchmark, mining 121 or INDADA? They are presenting at 121 and benchmark for sure.
Mining121 from memory it was 10:10am cape town time I think
 
Sums me up right now

Angry Fuck Me GIF
 
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All eyes will be on Nigel during the presso, if he still conducts it that is. Can't say that will be easy after this news 😞
 
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Misfits

Regular
Going to be an interesting conversation between Nigel and the President at the conference today. Surely he seeks him out when there
 
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rocknrolla

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Goodbye $$$'s
 
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Samus

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Reads to me like we're seriously fucked.
 
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Misfits

Regular
A post from sf120 (who I regard as an astute investor) on the crapper. Makes sense. Could not be doom and gloom

sf120​

1,949 Posts.
1,578
Date:06/02/23Time:10:32:48Post #:66088878
New
The DRC doesnt have a way to take AVZ out of manono given we have done the hard work and invested the money to bring this to life.

The DRC is very much in bed with the USA and we know the international committe wont stand for AVZ to be ripped off having invested our money into the project. We cannot be taken out of the project for a lack of progress when what we are waiting for is a license from the government.

So these announcements for me is part of the process of making changes and demonstrates progress whether it be in our favour or against us; thats positive we are seeing progress.

The only question you have to ask is; is it in our favour or against us?

Nothing to believe we are not in the driving seat

Could the cancelling of mining decree be in order to issue the full mining decree? Or perhaps its cancelling what was a corrupt deal?

Irresepective, we wait and see - I just wouldnt conclude this is bad news until you know otherwise.

Posters will tell you its bad, thats all there is left in hotcrapper - dont get shaken


I am however annoyed AVZ waited a week to announce this; thats a joke given it was done jan 28th... There is a disclosure issue here..
 
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Powerage

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Reads to me like we're seriously fucked.
Im not so sure mate,

The original decree needed to be undone (it split the tenement)
The second decree also needed to be undone (it gave the go ahead for the southern part)
What we now need is a 3rd decree awarding the entirety of 13359..

The first part of the announcement alludes to exactly this, but the second part is ambiguous at best...

GLTAH

Powerage.
 
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RHyNO

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Can someone explain this like I’m a 7 year old child?
 
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M.Bison

Regular
Can't wait for the next decree in 2024. Exciting times.
 
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CHB

Regular
Looks like DRC acted without discussions with AVZ. Got to say it's disturbing.

Based on the announcement.

1) legal advice sought
2) needing to ascertain intent of DRC gov

Anyone who says it needs to happen may be correct but if it needs to happen you'd think there was discussion and communication with AVZ.

Track record of DRC isn't good.
 
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Lichione

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The question now is, friends, will AVZ uplift the suspension and let the SP free fall. This is really a crap
 
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WELCOME TO THE
DEMOCRATIC REPUBLIC OF CORRUPTION

Over the last 6 years in the DRC, AVZ have carried out Soil Sampling, Field Mapping, Consulting, Drilling, Metallurgical Testing, Completing a FEED Study, a 160 page Definitive Feasibility Study, a SEZ Agreement, Tendering for Mining Infrastructure, Legally Obtaining and Paying For an Increased Share of Dathcom, Obtaining Several Offtake Agreements for both Lithium and Tin, Raising Capital, Negotiating a Funding and Offtake Agreement with CATH, Presenting at the Battery Minerals Conference, Legally Fulfilling all Requirements to Obtain the Mining License, Including Receiving the Ministerial Decree to Award the Mining License and producing an 85 page Sustainability Report, Spending millions of dollars and Supporting the Local Community…. And still the Democratic Republic of Corruption and Director General of the DRC Mining Cadastre (CAMI) won’t grant AVZ a Mining License


1675640615341.png
 
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