AVZ Discussion 2022

Winenut

Go AVZ!
It's probably lost in translation.

The stint Zijin was trying to pull, was:

I give you the 15% of the southern section, for which I paid US$33.4 million and in return you give me 70% of the northern section and we call it quits.

Ever done business with Chinese people?

Zijin first learned this trick:



Got it?

Thanks for that Cruiser

Makes sense
 
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Winenut

Go AVZ!
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tonster66

Regular
As I said a couple of days ago, ICC case involving MMCS 5% holds the key to any real progress IMO. COMINIERE needs that back, as a minimum, to be able to cede the 10%

The other 15% can float about in a paper bag anywhere between COMINIERE, AVZI or Zijin, without upsetting any apple carts
If they get the 15% back from zijin they dont need the 5% from MMCS, so it wont hold up anything. IMO
It is my thoughts that the ICC will throw it out as AVZ have stated that are not party to any agreement. It will then be up to cominiere obtaining the 15% back from zijin which zijin have already said they would give it back because they are such nice corporate citizens.
Having said that the MMCS decision wont hold up anything, I do not believe that they will get it anyway.
With what the MoP has done by sacking 60% of her cabinet, could her cabinet been advising her and providing the wrong info. Maybe she was not corrupt but was a puppet to her cabinet?
It will be interesting to see how this plays out IMO
 
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Samus

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Charbella

Regular
Looks like nothing will happen until ICC.

 
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Samus

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DoubleA

Regular
If they get the 15% back from zijin they dont need the 5% from MMCS, so it wont hold up anything. IMO
It is my thoughts that the ICC will throw it out as AVZ have stated that are not party to any agreement. It will then be up to cominiere obtaining the 15% back from zijin which zijin have already said they would give it back because they are such nice corporate citizens.
Having said that the MMCS decision wont hold up anything, I do not believe that they will get it anyway.
With what the MoP has done by sacking 60% of her cabinet, could her cabinet been advising her and providing the wrong info. Maybe she was not corrupt but was a puppet to her cabinet?
It will be interesting to see how this plays out IMO


There is no real evidence that minister of Portfolio was provided incorrect info though.

What we know:

Modeste Bahati Lukwebo (AFDC party) and adele kayinda (ALDEC party) have been taking shots at each other for some time.

The portfolio minister, Adele Kayinda, has now dismissed all the members of her cabinet from the AFDC-A grouping and AFDC party led by Modeste Bahati Lukwebo.


If we want to have useful information to predict what may happen, then we need to do more research into this political battle that is going on.
 
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Goat

Regular

Full transcript available.

15:53 minute mark the mention of AVZ.

"To move to another mineral which Congo has and which is probably also in my phone, lithium. Congo has got a big potential lithium project in Manono. It's also been in the news for various reasons. There's been a dispute with one of the owners, AVZ Minerals. As I understand it their licence has been cancelled. Can you tell us anything about what Congo plans for that deposit?

Yes. That was done a bit... it was not very, very transparent. It was not to the best of our interests as a country. That's why we went back to it. But I would... I don't like to say more on that because it is still on."

So the answer is very interesting.. It was not very transparent and not to the best of our interests as a country ..

So are they saying they are actually holding it up as it's going to be rewarding enough for them or something else? Why wouldn't it be in their best interests? What the heck??
IMHO - The DRC government want a big slice of the warm apple pie that AVZ will be baking.. hence our hold up!
 
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Bray

Regular
They didn’t bargain for enough brown paper bags obviously

Judge Judy Eye Roll GIF
 
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CHB

Regular
Same thing now, sit on this mountain and disrupt the country until they realise corruption doesn't pay.
 


Refer Frank’s comments.
 
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Rediah

Regular
DCE8B0AD-FDB4-4D1D-92C6-B05BB1978197.jpeg

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"it is not certain that the northern portion of PE 13359 will automatically return to Zijin or its subsidiary."

I find that statement odd and probably wrong????

Zijin didn't pay for the northen part of PE 13359 or buy it in any way....so how can it be returned or not returned??

Zijin purchased a 15% interest in Dathcom from Cominiere

Or have I lost my mind

Or did it purchase a 15% interest in the JV??

Sorry I've lost the plot on all this :rolleyes:
We’ve seen this letter before and it’s classic Zinjin shit-fuckery. It includes a logic bomb that a) creates exit costs for Comminier so high that it amounts to extortion (ironic, hey?), and b) ensures that matters get tied up in red tape and court rooms for years to come if the lease over the northern section does not fall in their favour.

It was however, nice of them to record their naked corruption in this form for posterity.
 
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Rediah

Regular
So we’re relying on divine intervention to get this ML now? FMD.
These religious people are at times the mover and shakers and king makers comes the election time and can move the votes around. 😬
 
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Rediah

Regular
Frank on fire on twitter
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2DFC4D89-8AEB-4925-8A9B-86FEA7CA88FF.jpeg


2DFC4D89-8AEB-4925-8A9B-86FEA7CA88FF.jpeg
 
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cruiser51

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These religious people are at times the mover and shakers and king makers comes the election time and can move the votes around. 😬
Don't forget Xerof went to see the pope to kiss his ring, after the pope was very warm and fuzzy and came over to see the Felix.
Thanks Xerof for being so generous.

And now the local church got the message from the pope, don't deal with fukkin cheats, morons and liars.

I am not surprised.

With the current www the pope is forced to play a straight bat.
 
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