Running discussion on SP, page-84704

Annual report 2022

We didnt get a 2024..???????

Be here is 2022
AVZ’s Majority Interest in the Manono Project
AVZ confirms it retains legal title to a 75% interest in the Manono Project, after exercising its option(s) in August 2021
over a 5% and 10% equity interest in Dathcom paying the final instalment of US$20 million (~A$27 million) under the
two Sale and Purchase Agreements (Dathomir SPAs) signed with Dathomir Mining Resources SARL (Dathomir) back in
2019 and 2020, with the remaining 25% held by La Congolaise d’Exploitation Minière SA (Cominiere).
Following the official award of the Mining Licence, Cominiere will cede a free carried 10% of its remaining interest in
the Manono Project to the DRC Government under the terms of the Joint Venture Agreement.
AVZI is in advanced discussions with the DRC Government regarding the purchase of Cominiere’s remaining 15%
interest in Dathcom, under its pre-emptive right provided under the existing Dathcom Shareholder Agreement.
AVZ and AVZI are progressing the sale of a 24% equity interest in the Manono Project to CATH under the multi-faceted

"""""TIA signed in September 2021. Post completion of the TIA, AVZ will hold an indirect interest in 51% in the project,""""""""
excluding the Cominiere’s 15% equity interest, which is subject to its existing perpetual pre-emptive right and is
currently under discussion with the DRC Government

""""""""""""But now it has gone up to 30 .6 % for the TIA"""""So the 51 % is not 51% no MORE..????