AVZ Discussion 2022
- Thread starter GazDix
- Start date
TDITD
Top 20
I like it Jules is sweeping through everywhere and everyone, makes them realise nobody is safe (which makes me nervous is he safe). Corruption is so endemic, its literally not thought of by vast swathes of politicians as a crime...bonkers. Thank god we are starting to see the change happening all around us, Felix wasn't full of shit and progress is happening albeit slowly.
Yes the waiting is a pain in the ass, but by god I don't want the alternative where we see our hard earned flushed down the shitter.
TDITD
Top 20
https://moam.info/coltan-traffickin...ratic-republic-_5bad5906097c472d358b45f8.html
How can he still be in the post in 2022 ?
Surely he is to go next ? If he stays after all this reshuffling happening it certainly shows Kabila klans influence remains
How can he still be in the post in 2022 ?
Surely he is to go next ? If he stays after all this reshuffling happening it certainly shows Kabila klans influence remains
That's some pretty good PR and press release imo.
Shows that AVZ cares about the people in the area
cruiser51
Top 20
He remains in the post thanks to his relationship with the presidential circle.
I don't know if he is on friendly terms with FT. Tim will tell.
You can bet your bottom dollar, that the entire CAMI hierarchy is populated by Jean Félix's men (he has had almost 20 years to accomplish that), so the entire mob needs cleaning out.
Just chopping off the head of the snake might not be sufficient.
All IMO.
Roller62
Regular
Yes he knows too much, so all loose ends need to be eliminated before they get rid of him.
TDITD
Top 20
Yes, the relationship with Kabilas presidential circle (PPRD party) not Felix (UDPS party).
Felix has made many changes, but Kabila still has many stooges still on his payroll as anyone would expect from a man who milked the country for almost 20 yrs. An so by extension Jean-Felix too having had since 2005 to build a team of crooks most likely has done so as you say.
I totally agree, throw them all out, no way binning just Felix will fix the rot. While we are at it reform it so this doesn't happen again, Cominiere for that matter too.
The positive with Felix is that it seems as soon as the Kabila stooges out themselves, they are replaced.
Tbh we need a fucking word with tim, he has shat on us relentlessly for years now.
Samus
Top 20
I've said it before but the 2021 DRC-Africa Business Forum when avz was asked to join the battery council was when it became very clear the DRC is way behind in terms of progress with regards to the aspirations of avz. Many of us watched it live and I'm sure felt the same way.
More recent revelations of corruption all the way up the food chain and throughout the judicial system directly effecting avz is a further blow to any quick progression shareholders might have hoped for and that management has implied almost every step of the way. It's also interesting to me that AVZ's intentions for a collaboration agreement have been greeted by nothing but crickets from the DRC side to date despite how much we've heard about it over the years.
Given the way it's been and how long it's taken up until this point and that seemingly an entire corrupt political cululture that is entrenched in the system needs to be weeded out for avz to progress fairly, it isn't all that hard to imagine that things still might take a fair bit more time imo.
Clearly there are whispers going around to the contrary, I've heard both here and outside of social media numerous times over the past few months tbh. It is increasingly hard seeing how those claims can marry up with the reality and progress (or lack thereof) that we're actually seeing officially.
I'm expecting to hear about one or two of these issues being ironed out over the next fortnight in order to start taking any of these claims seriously. Until then treating at as lip service and not being sucked in by any of it (again).
As an average shareholder I'm going to be wanting to see some pretty positive outcomes moving forward and a few key people living up to their word to feel comfortable to be remaining invested in this space regardless how much money could potentially be made.
This has been a pretty stressful and difficult stock to hold personally at a key time where I actually needed to take some profits for personal reasons and had hung in for much longer than expected to hopefully do that of the back of a positive dfs, the ongoing suspension has put me in a difficult financial position and created a lot of stress.
Still not at the point where I just want out but a good chunk that grows with every false promise, revelation of more corruption and further delays for whatever reason is going to be invested elsewhere (if that money can be withdrawn at all).
Anyway point is that I feel this might be a bit of an average Joe position and it isn't getting any more comfortable the more time that passes without any positive news.
Perhaps I'm wrong in those assumptions, I don't know.
Hope to be trading off the back of some positive news in the very near future as has been explicitly stated both here and elsewhere as personally I can't stomach much more bs from the top or from fellow holders seemingly clouding ones judgement as to the actual reality of the situation.
Tim will tell as they say.
More recent revelations of corruption all the way up the food chain and throughout the judicial system directly effecting avz is a further blow to any quick progression shareholders might have hoped for and that management has implied almost every step of the way. It's also interesting to me that AVZ's intentions for a collaboration agreement have been greeted by nothing but crickets from the DRC side to date despite how much we've heard about it over the years.
Given the way it's been and how long it's taken up until this point and that seemingly an entire corrupt political cululture that is entrenched in the system needs to be weeded out for avz to progress fairly, it isn't all that hard to imagine that things still might take a fair bit more time imo.
Clearly there are whispers going around to the contrary, I've heard both here and outside of social media numerous times over the past few months tbh. It is increasingly hard seeing how those claims can marry up with the reality and progress (or lack thereof) that we're actually seeing officially.
I'm expecting to hear about one or two of these issues being ironed out over the next fortnight in order to start taking any of these claims seriously. Until then treating at as lip service and not being sucked in by any of it (again).
As an average shareholder I'm going to be wanting to see some pretty positive outcomes moving forward and a few key people living up to their word to feel comfortable to be remaining invested in this space regardless how much money could potentially be made.
This has been a pretty stressful and difficult stock to hold personally at a key time where I actually needed to take some profits for personal reasons and had hung in for much longer than expected to hopefully do that of the back of a positive dfs, the ongoing suspension has put me in a difficult financial position and created a lot of stress.
Still not at the point where I just want out but a good chunk that grows with every false promise, revelation of more corruption and further delays for whatever reason is going to be invested elsewhere (if that money can be withdrawn at all).
Anyway point is that I feel this might be a bit of an average Joe position and it isn't getting any more comfortable the more time that passes without any positive news.
Perhaps I'm wrong in those assumptions, I don't know.
Hope to be trading off the back of some positive news in the very near future as has been explicitly stated both here and elsewhere as personally I can't stomach much more bs from the top or from fellow holders seemingly clouding ones judgement as to the actual reality of the situation.
Tim will tell as they say.
I think some people confuse bull sh1t with optimism . Either that or they are just here to yank our chain .
I know where you are coming from - the one thing that keeps me positive is the short extensions. The AVZ hierarchy and lawyers are not stupid and wouldn't deliberately set out to give false hope by initiating these two week extensions. They must think we are close to trading - surely! This must be massive news in DRC and the pressure for the mining lease to be issued intense. I wouldn't be surprised if some time before the next end date we get some good news. If we have further extensions even the most optimistic must ask why there is no reasoning and why extensions aren't set at realistic time frames.
I'd like to think AVZ are not continuing with drilling and other works ,spending all that money, just to have to then hand it over to the Chinese . I don't think Nigel is that kind of person .
MoneyBags1348
Top 20
I would give you 100 ‘likes’ for that post if I could Sammael. Unfortunately we’ve seen in our own country here, how hard it is to weasel out corrupt politicians. I have to say here in NSW, John (Pork) Barilaro’s way of getting out of being found corrupt is by making himself out to be the victim, even though Cominiere has tried that one, I don’t think it’s going to work over there. As Wombat says, they are still drilling so that’s a positive, but as you say, the speculation about good news coming is wearing thin, and I would rather hear that a FTA with the US is actually being done rather than being implied it is being done, but still, you gotta remain positive
MoneyBags1348
Top 20
While on the subject of politicians, Scomo, currently in the news again is another classic diversionary operator with his usual line “I’ll always do what’s best for Australia” when he means “I’ll always do what’s best for me!!” Today he’s making out he was doing his best for Newcastle NSW by secretly making himself minister for resources so he could stop the pep11 gas drilling off our coast going ahead. I didn’t want it to go ahead because I’ve surfed here for nearly 50 years, but he wasn’t doing it because he gave a shit about our coastline, anyway, the point is I used to keep an eye (now and then) on the news on the company that was going to do the drilling and I’m pretty sure it’s share holders got screwed between them thinking the resource minister approved the project and scotty from marketing undermining it just for his own personal gain. Anyway (again), please no replies, I’m way off topic and having a hard time getting off this social media / stock forum…. and I just always hated that sly dog scotty from marketing
CeckRaiseFold
Regular
Indeed, to think corruption, coercion or unfair practices do not exist in Australia is naïve. It's not as pervasive, not as blatant but it exists for sure. I know from experience in WA Oil and Gas.
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