Running discussion on SP, page-70784

Anyone with half a brain who does their research is well aware that various Chinese entities have been ATTEMPTING to gain control of the project for many months due to the huge value of the resource.

Zijin reported the supposed 15% Dathcom purchase in their 2021 annual report. This information has been available for months and AVZ shareholders who actually do any research at all have been well aware of these attempts for months. Nigel stated that the reason for delays was that there were certain entities trying to act in their own self interest. Nigel is also well aware of these attempts and discussions are ongoing with the DRC Government to resolve. There is nothing new here.

Selling 15% of Dathcom to the Chinese for $33 million is exactly the kind of transaction the DRC Government are clamping down on. AVZ did have first right of refusal on this share of the project and Zijin is making a deliberate and illegal effort to try and obtain this share of the project. The Zijin purchase should be ruled to be invalid and there have been DRC media articles stating that investigations are ongoing.

The drop in the AVZ share price is as a result of a combination of factors. The overall market conditions have deteriorated and there has been large amounts of selling and shorting by various entities. Make no mistake, the Chinese are working together on this, but AVZ management and the DRC Government are well aware of these dirty tricks and are putting in place measures to prevent this.