AVZ Discussion 2022

When are these IGF reports going to get some credence and some action taken on their contents?
I see a lot more Twitter posts in AVZ favor by DRC locals which can only be a good thing.
I am just confused as to when this all comes to a head. Is it...........
1/ ICC hearing April/May?
2/ Removal of Ministers and new ones put everything back on track?
3./ Felix takes action and finally rights all the wrongs?
4/ Negotiation?
5/ Waiting game, one party relents?
6/ Reapply for mining decree and best offer wins?

If there isn't a resolution process how does it come to a head?
I spend far too much of my day following this saga as do most of you. Really appreciate the informative posts that educate me on the process and where its all at but desperate for a finish line.

The counter is brilliant, excellent work Spike. Thanks to Moneybags for amount of time, effort and research you put into your posts.
Others who are in the same boat as us thank you too.

Non holders, why do you feel the need to add your two bobs worth? Down rampers, l hope the pay is good because you look stupid a lot of the time. Best you stay anonymous.

I am well into the 7 figures for number of shares held. Obviously life changing should it all work out, not so good if it doesn't.

GLTAH

Sorry to disappoint you Panther, I’m not doing as much research anymore thanks to the great work being done by @Sammael @Carlos Danger @9cardomaha and a lot of others here that deserve to be named but I’m having a bit of a rest at the moment and hoping to spend some better quality time with my better half.

The depth and quality of information that has been provided on TSE by those above (and the others not mentioned!) has kept me feeling positive about the future and I guess I am able to be a little bit more patient and positive than others.

I greatly appreciate all the work done here and hope those in despair can fight on in spite of what has been a hard lot of months
 
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TDITD

Top 20
I don't mean to be a downer , but is there also possibility they just screw us over completely and give it all to someone else ? I'm not expecting it , but can it be ruled out ?
Naughty corner for 10 minutes should sort out that attitude 👉
 
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wombat74

Top 20
Sorry to disappoint you Panther, I’m not doing as much research anymore thanks to the great work being done by @Sammael @Carlos Danger @9cardomaha and a lot of others here that deserve to be named but I’m having a bit of a rest at the moment and hoping to spend some better quality time with my better half.

The depth and quality of information that has been provided on TSE by those above (and the others not mentioned!) has kept me feeling positive about the future and I guess I am able to be a little bit more patient and positive than others.

I greatly appreciate all the work done here and hope those in despair can fight on in spite of what has been a hard lot of months
This ones for you MoneyBags
 
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JAG

Top 20
Naughty corner for 10 minutes should sort out that attitude 👉
Nice work on the bird mate. About time you pulled your finger out and started spamming :ROFLMAO::ROFLMAO:
 
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wombat74

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Fletch77

Regular
I was thinking this….




Yeh..well that’s just your opinion man…

Also, didn’t realise that was Kenny Rogers..

And.. one of the most appropriate songs yet for the predicament we are in 🤦🏻‍♂️
 
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Or.....

$12 $12 $12!!
a legendary christmas preach GIF by NBC
 
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Flight996

Regular
Today, 22 Feb 2023, the director-general of the Australian Security Intelligence Organisation (ASIO), Mike Burgess gave his annual threat assessment.

Mr Burgess said that Australian security agencies had detected "repeated attempts to hack into scores of Australian media outlets – so many, it appears to be a concerted campaign".

In one disrupted plot a "lackey" was recruited to lure "senior journalists" on all-expenses-paid "study tours" of a foreign country to obtain privileged information.

"Once in-country, the lackey was expected to introduce the journalists to 'local officials' who were really spies in disguise.


Does this describe our little bed-wetter Tommy Traitor?
 
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Peterg

Member
Ok has the million dollar man come up with anything yet???
 
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cruiser51

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Translated from French by Google
In April, the International Court of Arbitration in Paris will hear
@AvzMinerals
's claim against Zijin for harmful activities at Dathcom Mining. This could be the big unpacking for the management of Cominiere and the officials involved against the interests of the country.

Funny thing....
Zijin requested this hearing (behind closed doors).

I'm pretty sure Zijin now regrets they made this bullying tactic.
 
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Onthefm

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Translated from French by Google
In April, the International Court of Arbitration in Paris will hear
@AvzMinerals
's claim against Zijin for harmful activities at Dathcom Mining. This could be the big unpacking for the management of Cominiere and the officials involved against the interests of the country.

Funny thing....
Zijin requested this hearing (behind closed doors).

I'm pretty sure Zijin now regrets they made this bullying tactic.

Not sure the chinese are that shot sighted.
 
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ptlas

Regular
Today, 22 Feb 2023, the director-general of the Australian Security Intelligence Organisation (ASIO), Mike Burgess gave his annual threat assessment.

Mr Burgess said that Australian security agencies had detected "repeated attempts to hack into scores of Australian media outlets – so many, it appears to be a concerted campaign".

In one disrupted plot a "lackey" was recruited to lure "senior journalists" on all-expenses-paid "study tours" of a foreign country to obtain privileged information.

"Once in-country, the lackey was expected to introduce the journalists to 'local officials' who were really spies in disguise.


Does this describe our little bed-wetter Tommy Traitor?
Maybe they've got something on him.
Video whatever.
The old honey trap.


Translated from French by Google
In April, the International Court of Arbitration in Paris will hear
@AvzMinerals
's claim against Zijin for harmful activities at Dathcom Mining. This could be the big unpacking for the management of Cominiere and the officials involved against the interests of the country.

Funny thing....
Zijin requested this hearing (behind closed doors).

I'm pretty sure Zijin now regrets they made this bullying tactic.

So if it goes ahead, is it behind closed doors?
Apologies if this has been covered previously.
 
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Samus

Top 20

Without severe and exemplary sanctions against financial predators, the fight against corruption and embezzlement is unfortunately doomed, in the medium term, to failure. Bukangalonzo, cominiere, gecamines, Chinese contract, DRC holdup, etc., no sanctions so far.
 
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JAG

Top 20
Maybe they've got something on him.
Video whatever.
The old honey trap.

So if it goes ahead, is it behind closed doors?
Apologies if this has been covered previously.
It’s open for the world to see!
 
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Dazmac66

Regular
It’s open for the world to see!
Yes, Zijin wanted it behind closed doors but AVZ refused!
 
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Charbella

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Onthefm

Regular
It’s open for the world to see!
Mate it will be there for the world to see. But will they give a fuck answer NO. Because weather they get the shit from avz or zing they don't care it will be all about price of good that's it. Jesus it's not fairy land it's a commodity trade. That's it no more no less. Does anyone think the traders give a fuck about some poor little prick in drc. God fuck me dead drc politicians don't give a fuck about the real people of the drc. FUCK. Responsibility resourced materials. What a wank if that was the real case co would be 500,000 a ton. So let's be real in the real world. Imo rant over. No excuse it is what it is haaa
 
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Frank

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Congo watchdog wants billions of dollars more From China infra deal


Chinese companies have become major players in Congo’s mining industry over the past decade, often taking over projects previously owned by Western companies.

Congo is set to hold elections at the end of this year, and President Felix Tshisekedi plans to make nationwide infrastructure projects a cornerstone of his campaign.


The IGF also called for:
  • The Chinese partners to release $1 billion in infrastructure funding this year.
  • The accord to be amended, to ensure half of future infrastructure contracts go to Congolese companies.
  • An audit of the completed infrastructure projects related to the agreement.


View attachment 30172

Congo demands $17bn more in infrastructure investments from China deal


Among a list of 16 demands, the IGF called for the “renegotiation of the Convention to adjust and balance the duties and benefits of both parties and bring them into line with the value of their respective contributions”.

The auditor also demanded that Gecamines be given a bigger stake in Sicomines.

It currently has a 32% holding.

www.mining.com/category/battery-metals/


View attachment 30173


View attachment 30174

Sino-Congolese contract: "Stop politicizing the Sicomines affair"

“We send a message to all those who want to do political recovery of the Sicomines affair: stop.


The General Inspectorate of Finance has produced a technical report.

This mission started 6 months ago.

It is not because there are elections today that we have to stop working", declares, guest of the Special Edition on Top Congo FM, Jules Alingete, head of the services of the General Inspectorate of Finances (IGF), about the "misguided sons of the DRC" who accompanied (by passivity or complicity) Chinese companies in the selling off of natural resources within the framework of what were then called "Chinese contracts" signed in April 2008.

"Let those who are agitated, stop. My brothers Congolese politicians who were agitating, you are not concerned. Do not be afraid.

Be with us to defend the interests of the Congo, don't play into the hands of these Chinese companies who put forward to make believe that this is a problem between Congolese.

Stop your useless agitations”, he urges.

"The message I send them is that we have no problem with you. We understand the circumstances in which you acted. We say to you (simply): Congo first", reassures Jules Alingete.


"The report is technical and can be summed up in one thing: what we were promised in the agreement has not been given to us. We are only asking that we be able to give it and that in addition, we revisit the agreement to rebalancing the benefits, just that," he insists.

The Chinese didn't execute the convention alone?

"There are also many Congolese, Congolese structures that have intervened, but I do not want to put them on the dock.

I would simply like these Congolese to be with us to ask, in the interest of Congo, the Chinese side, its companies, to fulfill their commitments.


A point, a line", pleads the chief inspector.

“We ask Chinese companies involved in the convention to fulfill their commitment.

Subsequently, we ask these companies to sit down with the agency responsible for monitoring and coordinating their activities to examine the review of this contract which is totally unbalanced", he explains.

What about the status quo?

And in the case of China or at least its companies did not move one iota, Jules Alingete begins by noting "that the Congolese government has done what it promised.

They (Chinese companies) have promised infrastructure, it's a commitment.

They have to keep it (as long as they) recognize that we are at 822 million dollars instead of 3 billion over 15 years”.


And it is precisely "where we can say that the Congolese have abused, it is in the 822 million dollars of infrastructure that we estimate to have been overcharged.

In this Congolese part, there is the Agency for Major Works which was responsible for monitoring", he reveals, before returning to the hypothesis where the Chinese part does not run.

"The operating permit is renewable by the government", begins by recalling this senior public official.

Already, “next year, it will have to be renewed.

The government may not renew the permits.

These are coercive measures to lead to negotiation.


It's not just that (need to know).

Today, they no longer have exemptions.

There are other measures we can take," he said.


The political class, a misfortune

However, "these are partners and we are within the framework of a convention.

Let's not set fires.

We ask them (simply) to fulfill their commitment and that we can examine the agreement to see which provisions will have to be revisited", resumes Jules Alingete before going there with his clear and absolutely sharp peak: "The misfortune of the Congolese people is their political class".

Certainly, "it is true that in this political class, we have values, but the majority, nearly 90% of the people who are part of the Congolese political class promote mediocrity, to paraphrase Cardinal Mosengwo", formulates he.

“I go even further: they promote hooliganism.

That is to say public governance by corrupt people.

We must be patriots, we must love Congo.

If we do not defend the interests of Congo, there is no one who will come to do it in our place", he says.


mediacongo

1677066319276.png



Chinese contract unpacked: Jules Alingete scratches and puts pressure, Sicomines already drops 700 million dollars!

Jules Alingete played and won the DR-Congo, which lost billions in the deal with China presented as the "contract of the century" which should be "win-win".

The investigation into this contract, carried out by the brigade of inspectors of the General Inspectorate of Finance -IGF- under the leadership of Alingete, revealed a flagrant imbalance in favor of Chinese interests.


The gain of the Grouping of Chinese companies -GEC-, born following the conclusion of the "contract of the century" in 2008, was evaluated at USD 76 billion by the IGF while the DR-Congo only obtained USD 3 billion.

In the end, revealed "Jeune Afrique", which got its hands on a still confidential part of the audit submitted to President Félix Tshisekedi, the Chinese side has only mobilized USD 4.47 billion in 14 years, of which only 822 million were used to finance the construction of infrastructures, moreover "invisible".

The IGF report caused an outcry on the web, not without putting "pressure" on the negotiations started last November between the GEC and the DR-Congolese State, represented by the Agence de pilotage de coordination et de follow-up of collaboration agreements -APSC.

The latter, created in March 2022 to monitor the various collaboration agreements between the DR-Congo and its private partners, replaced the Coordination and Monitoring Office of the Sino-Congolese Program - BCPSC.

The Director General of the APSC, Freddy Yody Chembo, during his speech on the airwaves of Top Congo, announced that the Sino-Congolese mines -SICOMINES-, one of the companies of the GEC, will release a total of USD 700 million this year for the construction of infrastructure for the benefit of the DR-Congo.

Thanks to this same intervention, Freddy Yody Chembo acknowledged that “the IGF report has increased the pressure” on Chinese companies which have already dropped USD 500 million while negotiations continue.

This sum will be released in two stages: first USD 350 million and then USD 150 million.

It will, according to the director general of the APSC, be injected into projects “to be carried out by the Ministry of Infrastructure”.

The DR-Congolese party, he said, has requested an additional USD 200 million which will bring the total amount to be paid into the Treasury account this year to USD 700 million.

"The negotiations being in progress, it is likely to go beyond these 700 million which will allow the Republic to regain its rights", an observer told AfricaNews, while welcoming the "work of the titans" carried out by Jules Alingete, head of the General Inspectorate of Finance -IGF-, to "give a necessary push to the negotiations so that the Chinese contract can really benefit the DR-Congolese".

For Alingete and its inspectors, this contract, in its initial form, represented “unacceptable economic colonization”.


This, given that the country has lost 3,500 km of road, as many kilometers of railway, 31 hospitals and 145 health centers.

These various infrastructures should be built by Chinese companies in return for the exploitation of the DR-Congolese mines.

They should cost 6.5 billion.

To President Félix Tshisekedi, the IGF handed over a list of requirements to correct the “glaring imbalance” found in the Chinese contract.

These include the revision of the distribution of the capital of SICOMINES by taking into account the value of the deposits provided by Gécamines, the revaluation of the amount of infrastructure to be financed by the Chinese party to USD 20 billion USD.

mediacongo
 
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CashKing

Regular
Mate it will be there for the world to see. But will they give a fuck answer NO. Because weather they get the shit from avz or zing they don't care it will be all about price of good that's it. Jesus it's not fairy land it's a commodity trade. That's it no more no less. Does anyone think the traders give a fuck about some poor little prick in drc. God fuck me dead drc politicians don't give a fuck about the real people of the drc. FUCK. Responsibility resourced materials. What a wank if that was the real case co would be 500,000 a ton. So let's be real in the real world. Imo rant over. No excuse it is what it is haaa
It’s yours now SON OF AVZ…

The mantle has been passed…

Use it how you see fit 🙏

I agree with you and my time has come…

8CBC8AB1-B39B-4F71-9D1E-4740B7C538CC.jpeg


GLTAH THROUGH THIS BULLSHIT FUCKED UP TIME….
 
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Onthefm

Regular
Sino-Congolese contract: "Stop politicizing the Sicomines affair"

“We send a message to all those who want to do political recovery of the Sicomines affair: stop.


The General Inspectorate of Finance has produced a technical report.

This mission started 6 months ago.

It is not because there are elections today that we have to stop working", declares, guest of the Special Edition on Top Congo FM, Jules Alingete, head of the services of the General Inspectorate of Finances (IGF), about the "misguided sons of the DRC" who accompanied (by passivity or complicity) Chinese companies in the selling off of natural resources within the framework of what were then called "Chinese contracts" signed in April 2008.

"Let those who are agitated, stop. My brothers Congolese politicians who were agitating, you are not concerned. Do not be afraid.

Be with us to defend the interests of the Congo, don't play into the hands of these Chinese companies who put forward to make believe that this is a problem between Congolese.

Stop your useless agitations”, he urges.

"The message I send them is that we have no problem with you. We understand the circumstances in which you acted. We say to you (simply): Congo first", reassures Jules Alingete.


"The report is technical and can be summed up in one thing: what we were promised in the agreement has not been given to us. We are only asking that we be able to give it and that in addition, we revisit the agreement to rebalancing the benefits, just that," he insists.

The Chinese didn't execute the convention alone?

"There are also many Congolese, Congolese structures that have intervened, but I do not want to put them on the dock.

I would simply like these Congolese to be with us to ask, in the interest of Congo, the Chinese side, its companies, to fulfill their commitments.


A point, a line", pleads the chief inspector.

“We ask Chinese companies involved in the convention to fulfill their commitment.

Subsequently, we ask these companies to sit down with the agency responsible for monitoring and coordinating their activities to examine the review of this contract which is totally unbalanced", he explains.

What about the status quo?

And in the case of China or at least its companies did not move one iota, Jules Alingete begins by noting "that the Congolese government has done what it promised.

They (Chinese companies) have promised infrastructure, it's a commitment.


They have to keep it (as long as they) recognize that we are at 822 million dollars instead of 3 billion over 15 years”.

And it is precisely "where we can say that the Congolese have abused, it is in the 822 million dollars of infrastructure that we estimate to have been overcharged.

In this Congolese part, there is the Agency for Major Works which was responsible for monitoring", he reveals, before returning to the hypothesis where the Chinese part does not run.

"The operating permit is renewable by the government", begins by recalling this senior public official.

Already, “next year, it will have to be renewed.

The government may not renew the permits.

These are coercive measures to lead to negotiation.


It's not just that (need to know).

Today, they no longer have exemptions.

There are other measures we can take," he said.


The political class, a misfortune

However, "these are partners and we are within the framework of a convention.

Let's not set fires.

We ask them (simply) to fulfill their commitment and that we can examine the agreement to see which provisions will have to be revisited", resumes Jules Alingete before going there with his clear and absolutely sharp peak: "The misfortune of the Congolese people is their political class".

Certainly, "it is true that in this political class, we have values, but the majority, nearly 90% of the people who are part of the Congolese political class promote mediocrity, to paraphrase Cardinal Mosengwo", formulates he.

“I go even further: they promote hooliganism.


That is to say public governance by corrupt people.

We must be patriots, we must love Congo.

If we do not defend the interests of Congo, there is no one who will come to do it in our place", he says.


mediacongo

View attachment 30316


Chinese contract unpacked: Jules Alingete scratches and puts pressure, Sicomines already drops 700 million dollars!

Jules Alingete played and won the DR-Congo, which lost billions in the deal with China presented as the "contract of the century" which should be "win-win".

The investigation into this contract, carried out by the brigade of inspectors of the General Inspectorate of Finance -IGF- under the leadership of Alingete, revealed a flagrant imbalance in favor of Chinese interests.


The gain of the Grouping of Chinese companies -GEC-, born following the conclusion of the "contract of the century" in 2008, was evaluated at USD 76 billion by the IGF while the DR-Congo only obtained USD 3 billion.

In the end, revealed "Jeune Afrique", which got its hands on a still confidential part of the audit submitted to President Félix Tshisekedi, the Chinese side has only mobilized USD 4.47 billion in 14 years, of which only 822 million were used to finance the construction of infrastructures, moreover "invisible".

The IGF report caused an outcry on the web, not without putting "pressure" on the negotiations started last November between the GEC and the DR-Congolese State, represented by the Agence de pilotage de coordination et de follow-up of collaboration agreements -APSC.

The latter, created in March 2022 to monitor the various collaboration agreements between the DR-Congo and its private partners, replaced the Coordination and Monitoring Office of the Sino-Congolese Program - BCPSC.

The Director General of the APSC, Freddy Yody Chembo, during his speech on the airwaves of Top Congo, announced that the Sino-Congolese mines -SICOMINES-, one of the companies of the GEC, will release a total of USD 700 million this year for the construction of infrastructure for the benefit of the DR-Congo.

Thanks to this same intervention, Freddy Yody Chembo acknowledged that “the IGF report has increased the pressure” on Chinese companies which have already dropped USD 500 million while negotiations continue.


This sum will be released in two stages: first USD 350 million and then USD 150 million.

It will, according to the director general of the APSC, be injected into projects “to be carried out by the Ministry of Infrastructure”.

The DR-Congolese party, he said, has requested an additional USD 200 million which will bring the total amount to be paid into the Treasury account this year to USD 700 million.

"The negotiations being in progress, it is likely to go beyond these 700 million which will allow the Republic to regain its rights", an observer told AfricaNews, while welcoming the "work of the titans" carried out by Jules Alingete, head of the General Inspectorate of Finance -IGF-, to "give a necessary push to the negotiations so that the Chinese contract can really benefit the DR-Congolese".

For Alingete and its inspectors, this contract, in its initial form, represented “unacceptable economic colonization”.


This, given that the country has lost 3,500 km of road, as many kilometers of railway, 31 hospitals and 145 health centers.

These various infrastructures should be built by Chinese companies in return for the exploitation of the DR-Congolese mines.

They should cost 6.5 billion.

To President Félix Tshisekedi, the IGF handed over a list of requirements to correct the “glaring imbalance” found in the Chinese contract.

These include the revision of the distribution of the capital of SICOMINES by taking into account the value of the deposits provided by Gécamines, the revaluation of the amount of infrastructure to be financed by the Chinese party to USD 20 billion USD.

mediacongo
Sounds like a run for the top job sooner or later to me.
 
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