All national flags should be flown equally. It seems from this angle the chinese are flying theirs a little higher than the rest. Maybe a small thing but it says a lot*Speaking of the Chinese overlords, I see where a bit of "Arse Kissing" in the DRC was going on last week, with
50 years of the normalization of Sino-Congolese diplomatic relations: the Chinese Embassy expresses satisfaction with win-win cooperation
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The Chinese Embassy in the Democratic Republic of Congo celebrated, Wednesday, October 12, 2022, the Fiftieth Anniversary of the normalization of diplomatic relations between China and the DRC, established by the two governments, since November 24, 1972, after the meeting between the Presidents Mobutu and Mao Zedong.
On this occasion, a seminar was organized at the Hotel du Fleuve in Kinshasa, which brought together several participants from different social strata.
In his speech, the Chinese Ambassador to the DRC, Zhu Jing, said that China is to date one of the first economic partners and investor of the DRC.
A proof, according to him, of the good breathing of Sino-Congolese relations.
"China is one of the first states that supported the independence of the DRC and established diplomatic relations with it.
At 50, the joint search for peace, development, defense of sovereignty and national dignity have led our two countries, two giants on the Asian and African continents, to come together.
The decision taken by President Mobutu to unite on the principle of one China allowed the normalization of our bilateral relations on November 24, 1972.
Today, 50 years later, our diplomatic relations have experienced enormous development.
China has become the first economic partner of the DRC and one of the first investors," said Ambassador Zhu Jing.
For his part, the Deputy Minister of Foreign Affairs, Samy Adubango Awotho, praised the attitude of China which, according to him, has never ceased to accompany and support the DRC.
"The DRC has gone through difficult times, and we have never seen China stop supporting us. The Congolese people bear witness to the behavior of certain countries that claim to be partners of the DRC. China is supporting us," he said. he says.
50 years later, China has several infrastructure projects in the DRC in its bag.
She has contributed in several areas of the Congolese State, this is what MP Jérôme Bikenge Musimbi recalled.
“China has not been far from the DRC in the past. There are several Chinese interventions in the DRC.
There is the military agreement.
Many of the Congolese soldiers were trained in China.
China has even offered several military equipment to our army. The economic agreement also, the DRC has benefited from several financial flows from China.
There are several works carried out thanks to China in the DRC.
China has offered several scholarships to Congolese," said MP Jérôme Bikenge.
Need to build trust
For his part, the Charge d'Affaires of the Chinese Embassy in the DRC, Mr. Wang Hailong, insisted on the strengthening of confidence between the DRC and China, in order to preserve its good diplomatic relations which reign between the two States.
"I consider that China and the DRC have an immense need to build confidence.
Our relationship is still going strong.
What maintains relations between friendly countries is the ability to negotiate at every jolt.
Between the DRC and China there is great mutual respect.
China and the DRC are genuine and reliable partners."
The past 50 years, cloudless in our relationship, have proven that our two countries are genuine friends, reliable partners for each other, who are qualified to think bigger and see further," he said. .
In addition, workshops were organized on major topics including: politics, high-tech, socio-culture, cooperation and investment... with a view to further consolidating Sino-Congolese relations.
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Come to think of it
That's the same thing i wanted last Year ffs !!!
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AVZ Discussion 2022
- Thread starter GazDix
- Start date
John25
Regular
The more i think about it …no way in the wide world would AVZ hold a Road Shitshow plus invite the so called heavy hitters of the company who have literally $$$Millions in suspension that things are progressing nicely or a ML is imminent
If this is the case fucking lock me up now & throw away the key
If this is the case fucking lock me up now & throw away the key
Samus
Top 20
Also:Just like to say Hi to anyone from HQ watching with interest atm
In no particular order
BOARD OF DIRECTORS
JOHN CLARKE
Nigel Ferguson
RHETT BRANS
GRAEME JOHNSTON
EXECUTIVE TEAM
Jan de Jager
BEN COHEN
David Paget
Perhaps, Perhaps, Perhaps
Hey Chaps
Cos if i wanted to know how Shareholders were feeling, get the vibe before a Roadshow / AGM
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Then i know what I'd be doing in my spare time
Either on the Weekend or on the Crapper
In my Lunch break or after Hrs
Food for thought
Frank
JAG
Top 20
Pity it's not on a KIA...those plates would look much better on a KIA
I tend to agree. Or they've done some sort of shitty deal and need to try and smooth things over a bit before agm.
The Fox
Regular
Current article, old news.
DRC: Accused of mismanagement by the IGF, Tshisekedi seized for the "immediate transfer" of DG ai of the COMINIÈRE in court
MinesOctober 16, 2022Civil society organizations and platforms have appealed to the Head of State, Félix Antoine Tshisekedi, to obtain the immediate transfer to justice of the Acting Director General of COMINIERE SA. He is, "like other managers of Congolese state-based companies working in the mining sector", accused of mismanagement in a recent report by the General Inspectorate of Finance. These civil society organizations and platforms made it known in a correspondence addressed to the Head of State dated October 11, a copy of which was sent to the editorial staff of MINES.CD on Saturday, October 15, 2022.
These organizations call on Félix Tshisekedi to urgently instruct the government so that the process of replacing mendataires takes place as quickly as possible, in particular at the COMINIERE, and that they are presented to a judge to answer for their actions.
"(...) Our organizations ask you to instruct the Government of the Republic on the urgent replacement of the public mendataires of COMINIERE SA after selective recruitment as recommended by COPIREP (as well as for other mining companies in the State portfolio) and the immediate transfer of the Acting Director General to the Public Prosecutor's Office of the Republic with a view to answering for his actions before an instruct
Indeed, the mendaries of the COMINIERE are accused by the IGF of mismanagement of the country's mining and energy assets, in addition to undermining the vision of the Head of State, according to these civil society organizations.
"The facts charged to the Acting Director General of COMINIERE by the report of the General Inspectorate of Finance since 2022 are contrary to the Code of Ethics applicable to state officials, the laws and regulations that govern mining in our country as well as the efforts that you and your government are constantly making to improve the business climate and the conditions of the socio-economic lives of the Congolese through a good governance
Civil society has also criticized the facts of mismanagement in other public companies in the mining sector, in particular within the mining cadastre (CAMI) where its Director General granted "unsary notification of the operating permit to Dathcom Mining, which does not respect the legal deadline and is contrary to the provisions of the Mining Code and Regulations and the Laws of the Republic".
These associations also denounce "the clumsy management of the country's mining and energy assets by the outgoing committee of SOKIMO".
Emmanuel Lufiauluisu
That's my take
May get a few winks etc at pressos and AGM.
Watch the body language carefully.
Of course ML and subsequent trading would only be imminent at the moment.
So don't hold your breath on the 2 weeks.
I'm hoping so mate!
Attachments
I'll do it for her.
"The cha-cha-cha, is a dance of Cuban origin. It is danced to the music of the same name introduced by the Cuban composer and violinist Enrique Jorrin in the early 1950s. This rhythm was developed from the danzón-mambo."
The Mpiana-Mwanga hydroelectric plant in the territory of Manono, province of Tanganyika (formerly greater Katanga) on the Luvua River, it is located 85 km from Manono-Kitolo next lithium mining site.
Built in 1933 under Belgian colonization, with a capacity of 54 MW, it should provide the electrical energy necessary for the tin mining industry by the company Congo Étain, which became Zaire Étain, currently Cominière.
The Mpiana-Mwanga power plant has been shut down since 1982 following the closure of the tin plant for which it was intended.
The plant should be rehabilitated very soon by the Australian company AVZ Power, a subsidiary of AVZ Minerals which should start the exploitation of lithium in 2023. AVZ Minerals would reduce its electrical energy expenses by 90%, which could go from $0.42/kwh current with the 16 kW solar plant supported by diesel electric generators. at $0.3 with the use of the Mpiana-Mwanga hydroelectric power plant.
In 2021, AVZ Minerals signed an agreement with the Ministry of Water Resources and Energy of the Democratic Republic of Congo for its rehabilitation.
According to the director of AVZ Minerals, Nigel Ferguson, the rehabilitation of the Mpiana-Mwanga hydroelectric power plant will be carried out in two phases:
- By the production of 18 MW with the revival of two turbines.
- Then the expansion of the existing plant, which will reach 54 MW of its maximum capacity with 6 turbines.
AVZ Minerals is expected to produce about 700,000 tons of lithium per year.
As for the construction of the plant, the rehabilitation work of the Mpiana-Mwanga hydroelectric power plant is only waiting for the Kinshasa operating permit, whose final feasibility study was transmitted several months ago to the central government which should decide.
MoneyBags1348
Top 20
Jason, I know a lot here are hopeful and like your post. I’m probably going to appear controversial and possibly negative but I see things differently.
Hope I’m wrong, but it’s just too close to the AGM for me not to be suspicious and if they let us down, I doubt there would be many here who actually have what it takes to put them under the hammer and keep them there, and not back down if the executive team (Nigel in particular) shut down the hard questions and move on.
I’ve seen different management’s do it, it’s been done to me at two different AGM’s and you have to be ready for it because all management teams are experienced in this and I can tell everyone here it’s a little harder to stop them in their tracks and get the whole truth out of them than many think.
I have to say that any other time I would be more positive and optimistic, it’s just the AGM aspect that makes this hard for me to swallow
@BEISHA you will be first up mate, I’m just saying…. be prepared
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Winenut
GO AVZ!!!!
Keep 'em on their toes and fly the flag there Bags
MoneyBags1348
Top 20
Nuts as far as announcements, I think the one we need to get us out of suspension is that CAMI has determined our mining and exploration rights and we are now able to pay the fee.Keep 'em on their toes and fly the flag there Bags
I remember last December when our PR ran out and was due for renewal that I was concerned at not hearing anything about it. I’m not sure about the details around renewing the license (a question for @obe wan) all I think it is for 5 years and exploration (drilling etc) needed to be ongoing which it was…. Again clarification from @obe wan or someone else would be helpful to this question.
Second to that is we want clarity, no make that confirmation around Dathomir, Cominiere and Zigin ownership issues so the market can regain confidence
After that it’s the ML, BFS, FID and Financial Close matters to deal with followed by CATH and upgraded DFS etc
I’m still sorry we didn’t manage to get you nominated as a director as it seems you invested around the same amount in shares as they have
Always a pleasure chatting with you!
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