AVZ Discussion 2022

Winenut

GO AVZ!!!!
Ffs how did I get myself into talking to two of Der Giests ‘Characters’ on the bird. They, well he via two accounts is trying to play the Dathomir is legitimate claim because they bribed a local judge to win the case so it’s on RCCM so it must be true and my dads bigger than yours an he will beat up your dad easy so there and my mum said we didn’t land on the moon and the earth is flat and my mum is the cleverest person in the world so it’s definitely true and if you don’t think so you must be a dumb head.
I know I know but seriously that’s the idiocy they remind me of (clearly Der is an intelligent if troubled individual, but the other ‘character’ is clearly being obtuse)

Jesus Christ on a bike it’s Sunday an I’m conversing on social media with one person ‘playing’ two different characters ffs 🤦🏼‍♂️
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Bin59

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Fourth minister from the top of the screen is our Favourite Princess the Minister of Portfolio.
I thought she was booted out, however in this Video she is happy and alive taking part of this Ministerial meeting on the 19th of August.
DW, just saw emil_jens post- V is for Visitor 😉

 
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BEISHA

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*Fyi, To Remind Red,

Ignorance of the IGF report or complicit silence from the government?

Illegal transfers of undervalued shares in DATHCOM Mining for the benefit of the Chinese and mismanagement of income

According to this two-page correspondence, signed by MM MUHIYA LUMBU Nicolas (Inspector General of Finance Head of Brigade of Revenue and Tax Services) and ALINGETE KEY Jules (Inspector General of Finance - Head of Service), it is written this on page 2 “The mission made three main observations, namely:

The violation, by the partners of COMINIERE SA, of the contractual provisions prohibiting them from selling their shares before the date of commercial production without giving rise to any reaction on your part; The choice of consultants FOCUS PLAIDOIRIE, Alpha BUSINESS COMPANY and Association of Mining and Quarrying Agents, over the counter in violation of public procurement legislation;

The transfer of Exploration Permits without payment of the transfer price to COMINIERE when the transfer contract provides for it;

Illegal assignments of Mining Titles by Assignees to the detriment of COMINIERE SA…”.

The feasibility study that the IGF talks about is the one made by AVZ and presented by DATHCOM Mining to the government in accordance with the mining legislation of the Democratic Republic of Congo, our consortium has read a copy of the summary.


The criminal liability of the manager, according to the IGF The transfer of 15% of the shares of COMINIERE to ZIJIN Mining Ldt (a Chinese group shareholder of Gécamines in COMMUS and of IVANHOE in Kamoa Copper in Lualaba) was made with authorization "by the two owners (Congolese State and CNSS)" , according to letter Ref: CEM/DG/074/amm/2021 of 09/17/2021 signed by Athanase MWAMBA MISAO, Acting Managing Director of COMINIERE SA, addressed "To Mr. Christian LUKUSA, legal counsel for AVZ Minerals, of whom we saw a copy. And in his letter Ref: CEM/DG/073/amm/2021 of 09/17/2021 signed by Athanase MWAMBA MISAO, addressed "To Mr. NIGEL FERGUSON.

The Ministry of Portfolio appears to be the great accomplice of the current poor health of this State mining company for several reasons, including the non-renewal of representatives and the poor health of this company under its supervision, while the Ministry of Justice seems to have ignored the clear recommendations of the recent audit of the General Inspectorate of Finance as well as the decisions of its own services in addition to the judgments of the courts and tribunals of Lubumbashi against certain partners.

Justice to these serious revelations of the General Inspectorate of Finance (IGF) having established the criminal responsibility of the general manager of COMINIERE on the illegal and irregular transfer of shares, their undervaluation, the misuse of income as well as the sale money not traced by the financial watchdog of the Presidency in the accounts of this State Portfolio company since the beginning of April 2022?

When will the appointment of new patriotic and conscientious agents at the head of public mining companies such as COMINIERE and SOKIMO under the management of temporary workers for several years, at SODIMICO, ENTREPRISE MINIERE KISENGE MANGANESE, SAKIMA as well as MIBA which do not seem to interest the leaders of the country?

The rule of law that the President of the Republic, Félix Tshisekedi wants and the efficient management of the people's mineral resources also depend on it.

The colleagues of the Kinshasa newspaper "Le Soft International" had already launched the alert on the scandal committed by COMINIERE in its edition N ° 1550 of April 11, 2022 without any institution of the Republic reacting, we repeat it and will continue to do so. to do by way of our support for the fight of the Head of State against the predators of public goods, a pillar of his vision of natural resources which must benefit the people first and not a few individuals whoever they are.



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Thats the best post of the week Frank !!

The humour posts a close second, .............🤣:ROFLMAO:

I sense that the winds of change are in AVZ favour...........:unsure:

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Cmon Felix...............drop the bomb brother !!

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BEISHA

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Thats the best post of the week Frank !!

The humour posts a close second, .............🤣:ROFLMAO:

I sense that the winds of change are in AVZ favour...........:unsure:

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Cmon Felix...............drop the bomb brother !!

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Errrrrr................I just noticed the Fox post..................(y)(y)(y)

Sorry Frank...............but your post may have to be relegated to second...........;)🤣🤣🤣

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BEISHA

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Re our transport solutions which state:

“A due diligence study for the transport route options was conducted by the Australian based railway consultancy Infraology Pty Ltd (Infraology).

Four potential concentrate product transport routes were identified during the study. The Feasibility Study concluded to use two of these transport routes from Manono.
The first is to Dar es Salaam in Tanzania through Zambia, using the Tanzania and Zambia Railway Authority (TAZARA) rail.
The TAZARA rail is equally owned by the United Republic of Tanzania and the Republic of Zambia. The TAZARA railway will require upgrade and maintenance to reduce the frequency of derailments. The route includes 340 km of unsealed road to the DRC State owned SNCC rail allocated at Kabondo Dianda. From Kabondo Dianda there is 772 km of rail to Ndola (in Zambia) and then 165 km of rail to Kapiri Mposhi on the Zambian Railways Limited (ZRL) rail which is wholly owned by the Republic of Zambia. From Kapiri Mposhi to Dar es Salaam is 1,860 km on the TAZARA rail. The route has two border crossings between the DRC, Zambia, and Tanzania. Figure 5 shows the proposed transport route in red.”

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The good news is in a recent article (9 August 2022) we see that the TAZARA Railway will get the needed upgrade:


August 9, 2022
Written by Simon Artymiuk
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Tanzania's president says the Tazara railway in its current 1067mm gauge form is not delivering what is expected of it, hence the plan reached with Zambia to upgrade it to standard gauge.
Photo Credit: Richard Stupart/Wikipedia Commons
TANZANIA and Zambia have agreed to upgrade the Tazara railway that connects the two countries as part of measures to improve bilateral ties.
The 1160km cross-border railway linking Kapiri-Mposhi in Zambia with the port of Dar es Salaam in Tanzania will now be upgraded to standard gauge through a partnership with the private sector and development partners.
Tanzania’s president, Ms Samia Suluhu Hassan, says the 1067mm gauge, single-track Tazara line does not deliver what is expected of it and an upgrade is needed to open up new business opportunities along the route.
“In today’s world, railway is standard gauge,” says Hassan. “So through a Public-Private Partnership (PPP) we have agreed to come up with a project to improve the Tazara railway to that level.”
Tanzania is also constructing a 1219km standard-gauge line from Dar es Salaam to the city of Mwanza on the southern shores of Lake Victoria.
Known as the Tanzania Standard Gauge Railway, the system is being designed to link Tanzania with Rwanda and Uganda, and continuing to Burundi and the Democratic Republic of Congo. The work is included in the East African Railway Master Plan aimed at rejuvenating the region’s railways and increasing efficiency and speed while lowering transport of freight costs and furthering economic development. The railway will use electric power and transport of goods to Uganda from Mwanza will be by lake ferries.
As of April 2022, the 300km Phase 1 from Dar es Salaam to Morogoro had been completed while work on the 426km Phase 2 Morogoro – Makutopora, 294km Phase 3 Lot 1 Makutupora – Tabora, and 341km Phase 5 Isaka - Mwanza sections was in progress. Phase 5 is being built by China Civil Engineering Construction (CCEC) and China Railway Construction Company (CRCC).
In July 2022 Tanzania Railway Corporation (TRC) signed a $US 900.1m contract with Yapi Merkezi for the construction of the 130km Phase 3 Lot 2 Tabora – Isaka section, along with its 35km of branches, the same company having previously won a $US 1.9bn contract for Phase 3 Lot 1.
TRC has also signed a contract with Korean national operator Korail to provide training In rail construction and operations following the line’s opening.
The first locomotives being used for testing of the electrified Phase 1 of the Tanzania SGR are former class 1014 locomotives purchased from Austrian Federal Railways (ÖBB).
Africa, Freight, Infrastructure, Main line, Passenger, Policy, Track
Tags: Electrification, SGR, Standard gauge, Tanzania, Tazara, Zambia
You are on fire BIN too.........(y)(y)

Thanks for all your sharing, discussing transport, discussing construction ( the phases ), discussing updated DFS, discussing SEZ, discussing FID , discussing production figures, future dividends is all i want to do once this " shit show " ultimately concludes..........

Thats what investing is all about, not knifing ones back for snacks...........:(:(
 
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hedrox

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Zijin is capitulating...I guess no arbitration
Jeez, aren’t Zinjin good corporate citizens? You could just about give them a cuddle, hey?

If AVZ gets what they are entitled to, justice for Z can wait. Let’s get this show on the road.
 
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hedrox

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TDITD

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Jeez, aren’t Zinjin good corporate citizens? You could just about give them a cuddle, hey?

If AVZ gets what they are entitle to, justice for Z can wait. Let’s get this show on the road.
Indeed, a new transparently negotiated deal might be to the benefit of all. Having Zinjin on board at clear and market valued terms could much help get this mine build in record time.
 
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Nbaz

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Indeed, a new transparently negotiated deal might be to the benefit of all. Having Zinjin on board at clear and market valued terms could much help get this mine build in record time.
Or...they take take their new offer and shove it up them! Don't give them a sniff now. The only issue is if they put forward a massive offer, we'll need to match it and perhaps go back to the well to pay for it.
 
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Rediah

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Would rather give that 8% free to Tesla than giving it to Zijin thieve..
 
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DiscoDanNZ

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Speaking of the shitter, has anyone else started getting non stop notifications in the passed few weeks of posts by slightly above average woman that aren't remotely connected to anything you've done on Twitter designed to attract comments from thirsty internet sex pests?

I've stopped even opening Twitter because of them, pretty sure it's the bots Elon was talking about
 
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Bray

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We might be in for an interesting week ahead
 
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Bin59

Regular
Here’s the video of the meeting:

 
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Speaking of the shitter, has anyone else started getting non stop notifications in the passed few weeks of posts by slightly above average woman that aren't remotely connected to anything you've done on Twitter designed to attract comments from thirsty internet sex pests?

I've stopped even opening Twitter because of them, pretty sure it's the bots Elon was talking about
Very poor signal to noise ratio on Twitter. The bots make it just about unbearable,
 
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JPIck

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So is my understanding correct that we should be expecting an announcement tomorrow and the suspension should lifted !!!
Finally!!!
 
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