AVZ Discussion 2022

wombat74

Top 20
Just goes to show corruption in the courts as well (just like here in Aus as well as the US). It’s obviously not as easy as a lot here seem to assume for Felix to clean up the corruption but at least with all the media exposure it’s more out in the open now.

Not easy also for Felix to replace the head of CAMI as he needs someone who knows all the systems and processes (digital and otherwise) involved in the mining sector.

Jean Mupande’s network of corruption extends broadly as he has been involved in the DRC Mining Week Conferences for years, receiving donations from some of the biggest companies in the world, like Glencore. Felix will also need to replace all Mupande’s corrupt staff and colleagues, some of whom are shown in the attachment below.

I also added an attachment below of Mupande’s phone number for anyone who has an interest in death threats

And of course, all information above is simply my opinion and tongue in cheek sense of humour, just in case the legal system turns around and seeks to take action against an honest shareholder giving his opinion on a dishonest practice in the DRC
So how do we get these bastards to hand over the mining rights ? They clearly have no intension of doing so .
 
  • Like
  • Thinking
  • Fire
Reactions: 6 users

cruiser51

Top 20

Justice: Vidiye Tshimanga obtains provisional release and leaves Makala prison​

27.09.2022
-

The former strategic adviser to the President of the Republic, Vidye Tshimanga has just left Makala central prison for his home.
According to judicial sources, he has benefited from the provisional release granted by the High Court of Gombe.

According to his lawyer, there is no evidence of guilt. Theodore Ngoyi observes that the acts of which his client is accused were committed abroad and in this case, Congolese law does not allow prosecution.

Vidye Tshimanga returned to his residence in the commune of Gombe immediately after his release.


Not to be too surprised, as long as you screw your country abroad it is ok.
 

Mickyb64

Regular
  • Like
Reactions: 5 users

Samus

Top 20
  • Like
  • Haha
  • Sad
Reactions: 14 users

Doc

Master of Quan
  • Like
  • Wow
Reactions: 5 users

antimatter

Regular
If we are not trading again after 10/10, instead of pineapple, Nigel should send those DRC officials some Durians stuffed with hand grenade and put these up their back side to hurry them up.
images.jpeg-1.jpg
images.jpeg-10.jpg
 
  • Haha
  • Like
  • Wow
Reactions: 11 users

wombat74

Top 20
So how do we get these bastards to hand over the mining rights ? They clearly have no intension of doing so .
Which brings me back to this : "The Company is confident of a positive outcome for it’s shareholders, resulting in the re-instatement of trading in its securities."

An outcome for it's shareholders . We have gone from becoming the richest Li producer on the planet to getting a "positive outcome for SH ." I'm thinking a deal is being negotiated . Get a price where all SH walk away with at least a profit . Nigel and crew obviously make a bit and company avoids any legal ramifications . Just a thought .
 
  • Like
  • Thinking
  • Fire
Reactions: 23 users
D

Deleted member 1612

Guest
Which brings me back to this : "The Company is confident of a positive outcome for it’s shareholders, resulting in the re-instatement of trading in its securities."

An outcome for it's shareholders . We have gone from becoming the richest Li producer on the planet to getting a "positive outcome for SH ." I'm thinking a deal is being negotiated . Get a price where all SH walk away with at least a profit . Nigel and crew obviously make a bit and company avoids any legal ramifications . Just a thought .
I would have been dead against the thought of this at the beginning of the suspension. But the deeper we get into this shitshow the better this sounds.
 
  • Like
  • Sad
Reactions: 12 users
So how do we get these bastards to hand over the mining rights ? They clearly have no intension of doing so .
Keep information on corruption in the DRC in the media. I think Felix is doing his best root it out, but half his government might have been corrupt so he has a lot of cleaning to do and has to have enough ministers to run the country.

As far as CAMI, I think they are an independent body with their own BOD, but I also think the world (including the US etc) will be providing support to Felix to get Manono up and running.

It’s a matter of patience unfortunately Wombat, but I look at Nigel’s announcements with a sense of positivity unlike some, and what we can do from the sidelines is try to the provide pressure on media platforms like this by sharing information.

Interesting to me is that Glencore is a diamond sponsor at the DRC Mining Week Conferences and is Swiss based. UBS is a Swiss based investment bank and they were caught out laundering millions of dollars out of the DRC earlier this year. It might have been under Kabila but it shows (along with DRC governmental and Chinese business entities) how much and how high corruption goes, so all in all, not too bad that we are still hanging in there.

I know it’s not easy, but as you and I have learned, that’s the stock market…. corruption everywhere, but construction goes ahead because of supply and demand.
 
Last edited:
  • Like
  • Fire
Reactions: 17 users

Doc

Master of Quan
Which brings me back to this : "The Company is confident of a positive outcome for it’s shareholders, resulting in the re-instatement of trading in its securities."

An outcome for it's shareholders . We have gone from becoming the richest Li producer on the planet to getting a "positive outcome for SH ." I'm thinking a deal is being negotiated . Get a price where all SH walk away with at least a profit . Nigel and crew obviously make a bit and company avoids any legal ramifications . Just a thought .
At even a lowly 50c Nige walks away with plenty to retire off!
 
  • Like
  • Thinking
Reactions: 4 users

Charbella

Regular
Many years ago I came across this story. Back in 2010, a couple crossed the DRC in a landcruiser. There is a pretty good blog of their trip, including the entrenched corruption and bribes that are pretty much written into their levels of Bureaucracy. Very interesting read if you want to get some background info.

Crossing DRC in a Landcruiser
Thank you for the recommendation 💥
 
  • Like
Reactions: 2 users

Bonsoir

Regular
At even a lowly 50c Nige walks away with plenty to retire off!
At .50 cents Nige will not see a cent of that, he will be dragged through the courts by SH for failure of disclosure and there will be nowhere to hide on this planet.
 
  • Like
  • Fire
Reactions: 22 users

LOCKY82

Regular
At even a lowly 50c Nige walks away with plenty to retire off!
Doc I think you might want to go see a Doctor! 50c!? I know this is getting tough but sweet baby jesus let's settle down a bit 🙏
 
  • Like
  • Haha
  • Fire
Reactions: 19 users

Dijon101

Regular
The only thing I can concentrate on is:

The whole mining sector is watching. If the DRC fucks us over, it will basically cost their country billions $ in future investment.

-----------

The reality of doing business in the DRC is kickbacks (unfortunately). The reason the ML was delayed? probably not enough kickbacks.
We knew the risk, high risk/ high reward. No point worrying about it because, no matter how much we personally worry it's completely out of our hands.

Good luck all, result for better or worse is just around the corner.

Also a positive is we are now probably all long term holders with appropriate capital gains tax benefit.
That is if we come out of this all with our shirt still on our backs;)
 
  • Like
Reactions: 16 users

Doc

Master of Quan
Doc I think you might want to go see a Doctor! 50c!? I know this is getting tough but sweet baby jesus let's settle down a bit 🙏
Lol. Just replying to wombats post that a deal being done in the back ground.
I’m happy with the 50c part as long long as there’s another number of 3 or larger in front.
 
  • Like
  • Haha
Reactions: 8 users

Frank

Top 20
Keep information on corruption in the DRC in the media. I think Felix is doing his best root it out, but half his government might have been corrupt so he has a lot of cleaning to do and has to have enough ministers to run the country.

As far as CAMI, I think they are an independent body with their own BOD, but I also think the world (including the US etc) will be providing support to Felix to get Manono up and running.

It’s a matter of patience unfortunately Wombat, but I look at Nigel’s announcements with a sense of positivity unlike some, and what we can do from the sidelines is try to the provide pressure on media platforms like this by sharing information.

Interesting to me is that Glencore is a diamond sponsor at the DRC Mining Week Conferences and is Swiss based. UBS is a Swiss based investment bank and they were caught out laundering millions of dollars out of the DRC earlier this year. It might have been under Kabila but it shows (along with DRC governmental and Chinese business entities) how much and how high corruption goes, so all in all, not too bad that we are still hanging in there.

I know it’s not easy, but as you and I have learned, that’s the stock market…. corruption everywhere, but construction goes ahead because of supply and demand.

*Fyi, I see where all is not lost, as far as Alingete is concerned and the fight against corruption continues, as

In Brussels, Jules Alingete highlights the progress of the DRC in the fight against corruption

Accompanied by the DRC ambassador to Belgium, Christian Ndongala Nkuku, the inspector and head of services of the General Inspectorate of Finance (IGF), Jules Alingete, spoke on Tuesday, September 27, before elected officials Europeans to present to them the efforts that the Congolese government is making in the fight against corruption.

The objective of this trip, explained Jules Alingete to the press in Brussels, was to restore the image of international opinion in the DRC with regard to corruption in the management of public affairs.

For Jules Alingete, a lot of efforts have been made in the fight against corruption and, to date, in the DRC, the management of public affairs is no longer desacralized as before.

“We presented all the actions that are carried out by the Democratic Republic of Congo, the strategies put in place, the result we have reached today and what remains to be done.

We made pleas so that the international community could have another perception of the Democratic Republic of Congo, in terms of the fight against corruption, taking into account the real progress made by the country,” said Jules Alingete.


Praising the effectiveness of his financial patrol strategy, the number one of the IGF gave further explanations on this system to MEPs who, for several years, have included the control of their public resources upstream.

“We were pleasantly surprised by all the European services and to learn that Belgium has been in control a priori for more than 30 years, France too”, he said.

According to Jules Alingete, the a priori control of public resources remains the best strategy to fight effectively against corruption and the various forms of mismanagement that can be encountered in the management of public funds.

The a priori control of public resources, otherwise called financial patrol, aims to control the management of public resources upstream, that is to say, to involve the IGF in the design and execution of projects that require the disbursement public funds, in order to significantly reduce the risk of misappropriation.


Vidiye Tshimanga benefits from provisional release

Vidiye Tshimanga, former strategic adviser to the President of the Republic, has been on bail since Tuesday, September 27 evening.

He has just left Makala central prison where he has been detained since September 21.

But according to the prosecutor's office, he will continue to appear while being free at the general prosecutor's office near the Kinshasa-Gombe court of appeal, which is continuing its investigation into the attempted corruption and influence peddling, facts relating to his filmed conversations with supposed investors in the mining sector.


Vidiye Tshimanga, was heard on Wednesday, September 21 by the General Prosecutor's Office at the Kinshasa-Gombe Court of Appeal and placed under a provisional arrest warrant the same day.

The former strategic adviser to Félix Tshisekedi is being investigated for facts constituting the prevention of alleged corruption after a video showing him negotiating commission percentages for his company COBAMIN with pseudo investors in the mining sector.

Vidiye Tshimanga resigned from his post on September 16. This resignation followed the publication, on September 15, by the Swiss newspaper Le Temps, of several videos in which he negotiated money with pseudo-investors. Vidiye Tshimanga always talks about manipulation.

mediacongo
 
  • Like
Reactions: 15 users

DiscoDanNZ

Regular
*Fyi, I see where all is not lost, as far as Alingete is concerned and the fight against corruption continues, as

In Brussels, Jules Alingete highlights the progress of the DRC in the fight against corruption

Accompanied by the DRC ambassador to Belgium, Christian Ndongala Nkuku, the inspector and head of services of the General Inspectorate of Finance (IGF), Jules Alingete, spoke on Tuesday, September 27, before elected officials Europeans to present to them the efforts that the Congolese government is making in the fight against corruption.

The objective of this trip, explained Jules Alingete to the press in Brussels, was to restore the image of international opinion in the DRC with regard to corruption in the management of public affairs.

For Jules Alingete, a lot of efforts have been made in the fight against corruption and, to date, in the DRC, the management of public affairs is no longer desacralized as before.

“We presented all the actions that are carried out by the Democratic Republic of Congo, the strategies put in place, the result we have reached today and what remains to be done.

We made pleas so that the international community could have another perception of the Democratic Republic of Congo, in terms of the fight against corruption, taking into account the real progress made by the country,” said Jules Alingete.


Praising the effectiveness of his financial patrol strategy, the number one of the IGF gave further explanations on this system to MEPs who, for several years, have included the control of their public resources upstream.

“We were pleasantly surprised by all the European services and to learn that Belgium has been in control a priori for more than 30 years, France too”, he said.

According to Jules Alingete, the a priori control of public resources remains the best strategy to fight effectively against corruption and the various forms of mismanagement that can be encountered in the management of public funds.

The a priori control of public resources, otherwise called financial patrol, aims to control the management of public resources upstream, that is to say, to involve the IGF in the design and execution of projects that require the disbursement public funds, in order to significantly reduce the risk of misappropriation.


Vidiye Tshimanga benefits from provisional release

Vidiye Tshimanga, former strategic adviser to the President of the Republic, has been on bail since Tuesday, September 27 evening.

He has just left Makala central prison where he has been detained since September 21.

But according to the prosecutor's office, he will continue to appear while being free at the general prosecutor's office near the Kinshasa-Gombe court of appeal, which is continuing its investigation into the attempted corruption and influence peddling, facts relating to his filmed conversations with supposed investors in the mining sector.


Vidiye Tshimanga, was heard on Wednesday, September 21 by the General Prosecutor's Office at the Kinshasa-Gombe Court of Appeal and placed under a provisional arrest warrant the same day.

The former strategic adviser to Félix Tshisekedi is being investigated for facts constituting the prevention of alleged corruption after a video showing him negotiating commission percentages for his company COBAMIN with pseudo investors in the mining sector.

Vidiye Tshimanga resigned from his post on September 16. This resignation followed the publication, on September 15, by the Swiss newspaper Le Temps, of several videos in which he negotiated money with pseudo-investors. Vidiye Tshimanga always talks about manipulation.

mediacongo

"Jules Alingete highlights the progress of the DRC in the fight against corruption" - I could highlight every page of War and Peace, doesn't mean I've read it.
 
  • Like
  • Haha
Reactions: 8 users
*Fyi, I see where all is not lost, as far as Alingete is concerned and the fight against corruption continues, as

In Brussels, Jules Alingete highlights the progress of the DRC in the fight against corruption

Accompanied by the DRC ambassador to Belgium, Christian Ndongala Nkuku, the inspector and head of services of the General Inspectorate of Finance (IGF), Jules Alingete, spoke on Tuesday, September 27, before elected officials Europeans to present to them the efforts that the Congolese government is making in the fight against corruption.

The objective of this trip, explained Jules Alingete to the press in Brussels, was to restore the image of international opinion in the DRC with regard to corruption in the management of public affairs.

For Jules Alingete, a lot of efforts have been made in the fight against corruption and, to date, in the DRC, the management of public affairs is no longer desacralized as before.

“We presented all the actions that are carried out by the Democratic Republic of Congo, the strategies put in place, the result we have reached today and what remains to be done.

We made pleas so that the international community could have another perception of the Democratic Republic of Congo, in terms of the fight against corruption, taking into account the real progress made by the country,” said Jules Alingete.


Praising the effectiveness of his financial patrol strategy, the number one of the IGF gave further explanations on this system to MEPs who, for several years, have included the control of their public resources upstream.

“We were pleasantly surprised by all the European services and to learn that Belgium has been in control a priori for more than 30 years, France too”, he said.

According to Jules Alingete, the a priori control of public resources remains the best strategy to fight effectively against corruption and the various forms of mismanagement that can be encountered in the management of public funds.

The a priori control of public resources, otherwise called financial patrol, aims to control the management of public resources upstream, that is to say, to involve the IGF in the design and execution of projects that require the disbursement public funds, in order to significantly reduce the risk of misappropriation.


Vidiye Tshimanga benefits from provisional release

Vidiye Tshimanga, former strategic adviser to the President of the Republic, has been on bail since Tuesday, September 27 evening.

He has just left Makala central prison where he has been detained since September 21.

But according to the prosecutor's office, he will continue to appear while being free at the general prosecutor's office near the Kinshasa-Gombe court of appeal, which is continuing its investigation into the attempted corruption and influence peddling, facts relating to his filmed conversations with supposed investors in the mining sector.


Vidiye Tshimanga, was heard on Wednesday, September 21 by the General Prosecutor's Office at the Kinshasa-Gombe Court of Appeal and placed under a provisional arrest warrant the same day.

The former strategic adviser to Félix Tshisekedi is being investigated for facts constituting the prevention of alleged corruption after a video showing him negotiating commission percentages for his company COBAMIN with pseudo investors in the mining sector.

Vidiye Tshimanga resigned from his post on September 16. This resignation followed the publication, on September 15, by the Swiss newspaper Le Temps, of several videos in which he negotiated money with pseudo-investors. Vidiye Tshimanga always talks about manipulation.

mediacongo
Thanks Frank, thank God you are here as a great source of information and the voice of reason!!!!

Once again I’m over the bullshit and winging of poster’s here, like posts getting an instant 12 ‘likes’ because of throwing shit at Nigel and suggesting shareholders will take him to court…. yeh best of fucken luck with that!! Nigel has been led on by CAMI just as much as the rest of us and had he disclosed everything he knew about the DRC we wouldn’t have got to 50 cents

I’m fucken out of here…. perhaps a few fucken whinges should either consider posting some actual information or have a look on the news today and see what’s going on in Pakistan…. millions of acres of crops destroyed and the banks wanting the poor farmers left with nothing to still pay off their loans. There’s corruption everywhere you fucken idiots

Sorry for posting this on my reply to you Frank, I know you are suffering like the rest of us but I’m glad you’re here!
 
  • Like
  • Fire
  • Love
Reactions: 34 users
Keep information on corruption in the DRC in the media. I think Felix is doing his best root it out, but half his government might have been corrupt so he has a lot of cleaning to do and has to have enough ministers to run the country.

As far as CAMI, I think they are an independent body with their own BOD, but I also think the world (including the US etc) will be providing support to Felix to get Manono up and running.

It’s a matter of patience unfortunately Wombat, but I look at Nigel’s announcements with a sense of positivity unlike some, and what we can do from the sidelines is try to the provide pressure on media platforms like this by sharing information.

Interesting to me is that Glencore is a diamond sponsor at the DRC Mining Week Conferences and is Swiss based. UBS is a Swiss based investment bank and they were caught out laundering millions of dollars out of the DRC earlier this year. It might have been under Kabila but it shows (along with DRC governmental and Chinese business entities) how much and how high corruption goes, so all in all, not too bad that we are still hanging in there.

I know it’s not easy, but as you and I have learned, that’s the stock market…. corruption everywhere, but construction goes ahead because of supply and demand.
"...Not too bad that we are still hanging in there."

About a year after Nigel expect a ML and about 9 months since the expected Christmas celebration of a ML, I'm starting to feel that way too @MoneyBags1348 just the fact we have not been totally removed or someone else been given the ML sadly starts to feel positive by now.
 
  • Like
Reactions: 8 users

Bonsoir

Regular
Thanks Frank, thank God you are here as a great source of information and the voice of reason!!!!

Once again I’m over the bullshit and winging of poster’s here, like posts getting an instant 12 ‘likes’ because of throwing shit at Nigel and suggesting shareholders will take him to court…. yeh best of fucken luck with that!! Nigel has been led on by CAMI just as much as the rest of us and had he disclosed everything he knew about the DRC we wouldn’t have got to 50 cents

I’m fucken out of here…. perhaps a few fucken whinges should either consider posting some actual information or have a look on the news today and see what’s going on in Pakistan…. millions of acres of crops destroyed and the banks wanting the poor farmers left with nothing to still pay off their loans. There’s corruption everywhere you fucken idiots

Sorry for posting this on my reply to you Frank, I know you are suffering like the rest of us but I’m glad you’re here!
Calm down drama queen, if we had some actual information in the form of facts we would be far more educated in what our hard earned is up against.

Neither you or anyone else here knows for fact why we are suspended and I mean the exact nitty gritty of the suspension. Is it arbitration for the 15% AVZ had first rights to….or the 15% we paid for but was reversed in a court of law and given back to cong…or the changing of our tenement area hence the massive reduction in ownership that some Chinese company offered 240 ml for 24% of the original tenement or the corrupt slime that won’t hand over mining licence???

From the start of the suspension the announcement has been very vague on the specific reason.

Share holders have a legal right to be kept informed and should have been regarding court proceedings on the reversal of ownership percentages regardless of AVZ claim to 75%.
 
  • Like
  • Fire
Reactions: 22 users
Top Bottom