AVZ Discussion 2022

Pokok

Regular
Has anyone got a reply via email from AVZ lately? I’ve been ignored.
Because they have nothing to add to their last announcement IMO ,
 
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Pokok

Regular
Management need to come out of their bubble and answer some questions.

Like

how can this happen given that:
"AVZ has re-established a strong line of communication with the Government of the
Democratic Republic of Congo following the recent Presidential election."

What is our immediate response in local and international courts?

And

What are the timelines for these glacial pace arbitrations please??

Also

What is happening with our MoU you've been banging on about for 12 months which represents the only claim to any sort of positive progression?

What about funding??

I'm not really buying the silence is golden approach more than two years down the track when AVZ have already called out the corruption and given how swiftly things are moving against us. Why aren't they publicly condemning things like this when the courts have ordered the reinstatement of our tenement and issued fines against the illegal actions of cominiere? Somebody or multiple peoples are feeding them bullshit behind the scenes without any action to back it up as Zijin move full speed ahead doing whatever they like which is validated through official channels like CAMI against stop work and court orders.

We are stuck with inaction due to legalities as the enemy carries on ignoring any and every legal protocol that's in place.

It's entirely possible I've lost the plot but ffs put some real pressure on these criminals. It feels like a slow motion train wreck.
Nobody is going to buy this if Zijin is already set up next door with control of all the electric, water and other infrastructure.

10 years of seeking damages through arbitration is looking highly likely.
Now delisted they are not bound to tell us anything so I don't expect it , we have been fucked over by the chinks and corrupt DRC and there is not a thing we can do about it but sit and wait , financially in trouble for some shareholders is zero concern for Zijin , DRC , AVZ management that's how I see it .
 
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wombat74

Top 20
Management need to come out of their bubble and answer some questions.

Like

how can this happen given that:
"AVZ has re-established a strong line of communication with the Government of the
Democratic Republic of Congo following the recent Presidential election."

What is our immediate response in local and international courts?

And

What are the timelines for these glacial pace arbitrations please??

Also

What is happening with our MoU you've been banging on about for 12 months which represents the only claim to any sort of positive progression?

What about funding??

I'm not really buying the silence is golden approach more than two years down the track when AVZ have already called out the corruption and given how swiftly things are moving against us. Why aren't they publicly condemning things like this when the courts have ordered the reinstatement of our tenement and issued fines against the illegal actions of cominiere? Somebody or multiple peoples are feeding them bullshit behind the scenes without any action to back it up as Zijin move full speed ahead doing whatever they like which is validated through official channels like CAMI against stop work and court orders.

We are stuck with inaction due to legalities as the enemy carries on ignoring any and every legal protocol that's in place.

It's entirely possible I've lost the plot but ffs put some real pressure on these criminals. It feels like a slow motion train wreck.
Nobody is going to buy this if Zijin is already set up next door with control of all the electric, water and other infrastructure.

10 years of seeking damages through arbitration is looking highly likely.
What is our current cash situation ? I think I recall someone saying we are good until November . Do they have to report EOFY numbers ?
 
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wombat74

Top 20
Has anyone got a reply via email from AVZ lately? I’ve been ignored.
If anyone lives in Perth you can always pay Nigel and his crew a visit . New address is on the website .
 
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Flight996

Regular
On a lighter note...

Re: West African Aquaculture Ltd, Kurt Lennart Hansson and Martje Bolt Hansson v. Republic of The Gambia (ICSID Case No. ARB/18/10)

In April 2024, the ICSID ruled in favor of Swedish and Australian investors, ordering Gambia to pay damages for the unlawful expropriation of their tiger-prawn farming business. The case stemmed from actions taken by the Gambian government under former president Yahya Jammeh, which involved the direct seizure of the investors' aquaculture facility without compensation. Does that sound familiar?

The Tribunal awarded the investors approximately 95% of the damages they claimed, amounting to over £20 million ($AU39.3 million), along with interest at a rate of 8% from the date of expropriation until payment is made. Additionally, the investors were awarded full legal costs associated with the arbitration process. The Gambian government acknowledged the award, linking it to the previous administration's disregard for the rule of law and arbitrary decision-making practices.

As we are all aware, AVZ has a solid case against the corrupt DRC snake headed by Felix Tshisekedi. It just needs to remain sufficiently buoyant and engaged to see things through to completion.

Cheers
F

PS, still on Ko Samui and considering not coming home until this shit is resolved or I run out of money (whichever comes first).
 
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Remark

Top 20
Friday funnys?

  • What do you give a man who has everything?
    Penicillin.
 
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wombat74

Top 20
A guy walks into a bar and orders 12 shots. Before the bartender even returns with the bill, the man has slammed back half of them and shows no signs of slowing down. As the guy finishes his final shot, the bartender asks, "Why are you drinking so fast?"
The guy wipes his mouth and replies, "You would be drinking fast, too, if you had what I had." The bartender asks, "What do you have?"
The guy says, "75 cents,” and runs out the door.
 
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BRICK

Regular
A guy walks into a bar and orders 12 shots. Before the bartender even returns with the bill, the man has slammed back half of them and shows no signs of slowing down. As the guy finishes his final shot, the bartender asks, "Why are you drinking so fast?"
The guy wipes his mouth and replies, "You would be drinking fast, too, if you had what I had." The bartender asks, "What do you have?"
The guy says, "75 cents,” and runs out the door.
um... so, was his name Nigel?
 
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CashKing

Regular
um... so, was his name Nigel?
Nigel is still getting paid, more than likely a AVZ Shareholder….

75cents 🤔 I’d rather $1 and this ended but whatever.

GLTAH
 
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Jazz

Regular
If anyone lives in Perth you can always pay Nigel and his crew a visit . New address is on the website .
When next in Perth I would be more inclined to chase up Michael Carrick.
 
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oxxa23

Regular
When next in Perth I would be more inclined to chase up Michael Carrick.
For anyone going, happy to shout the drinks... 🤣
 

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Javman

Emerged
It’s likely been covered but has anyone written this off as a loss against tax? Could it be adjusted later if/when we get a return?
 
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Winenut

Go AVZ!
It’s likely been covered but has anyone written this off as a loss against tax? Could it be adjusted later if/when we get a return?
Check with your accountant/tax specialist..


1721999892806.png
 
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oxxa23

Regular
It’s likely been covered but has anyone written this off as a loss against tax? Could it be adjusted later if/when we get a return?
Technically not a capital loss yet... you still own shares in a company that's alive and kicking..... alive and limping....
 
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Winenut

Go AVZ!
Technically not a capital loss yet... you still own shares in a company that's alive and kicking..... alive and limping....
 
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cruiser51

Top 20

Chemical accident in Lualaba: two NGOs warn of the consequences​

Last updated: 2024/07/25 at 10:51 PM
MinesPublished July 25, 2024

IMG-20240725-WA0073.jpg


In the Lualaba province of the Democratic Republic of Congo (DRC), a tanker truck belonging to the COMMUS company and transporting sulfuric acid overturned on the night of Sunday, July 21, near the Kelangile River.

In a joint press release on Thursday, July 25, two Non-Governmental Organizations (NGOs) warned of the harmful consequences of this accident. They are Action for Integral and Sustainable Development (ADID) and Initiative for the Protection of Human Rights and Social Reintegration (IPDHOR).

They say they fear considerable damage to "aquatic ecosystems, including fish, crabs and plant species. Despite the ongoing identification of victims, some people are harvesting vegetables in the contaminated areas," the press release reads.

These two local civil society organizations stress the need to raze these fields in order to protect public health, destroy contaminated crops, decontaminate rivers and put in place preventive measures.

Daniel Bawuna


COMMUS:
China's Zijin owns 72% of COMMUS and the project is in the mining hub of Kolwezi in Lualaba province.
The state-owned Gecamines controls the balance.
Zijin also holds an interest in Congo's largest copper project, Ivanhoe Mines Ltd.'s Kamoa-Kakula.19 Apr 2024
 
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cruiser51

Top 20




Square profile picture

Ministère des Mines - RDC

@MinMinesRDC

#RDC_MINES Le compte X du Ministre des Mines, SEM KIZITO PAKABOMBA
@Kizpaka
est désormais certifié avec le badge gris
✅
! Voici une source authentique et fiable pour toutes les informations officielles. #CELLCOM
Translated from French by
#RDC_MINES The X account of the Minister of Mines, HE KIZITO PAKABOMBA
@Kizpaka
is now certified with the gray badge
✅
! Here is an authentic and reliable source for all official information. #CELLCOM
Was this translation accurate? Give us feedback so we can improve:




2:09 AM · Jul 25, 2024
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Spikerama

Regular

Chemical accident in Lualaba: two NGOs warn of the consequences​

Last updated: 2024/07/25 at 10:51 PM
MinesPublished July 25, 2024

IMG-20240725-WA0073.jpg


In the Lualaba province of the Democratic Republic of Congo (DRC), a tanker truck belonging to the COMMUS company and transporting sulfuric acid overturned on the night of Sunday, July 21, near the Kelangile River.

In a joint press release on Thursday, July 25, two Non-Governmental Organizations (NGOs) warned of the harmful consequences of this accident. They are Action for Integral and Sustainable Development (ADID) and Initiative for the Protection of Human Rights and Social Reintegration (IPDHOR).

They say they fear considerable damage to "aquatic ecosystems, including fish, crabs and plant species. Despite the ongoing identification of victims, some people are harvesting vegetables in the contaminated areas," the press release reads.

These two local civil society organizations stress the need to raze these fields in order to protect public health, destroy contaminated crops, decontaminate rivers and put in place preventive measures.

Daniel Bawuna


COMMUS:
China's Zijin owns 72% of COMMUS and the project is in the mining hub of Kolwezi in Lualaba province.
The state-owned Gecamines controls the balance.
Zijin also holds an interest in Congo's largest copper project, Ivanhoe Mines Ltd.'s Kamoa-Kakula.19 Apr 2024

That's almost like the truck carrying thousands of copies of Roget's Thesaurus that crashed last week as it left the New York publishing house.

According to the Associated Press, witnesses were stunned, startled, aghast, taken aback, stupefied, confused, punchy, shocked, rattled, paralysed, dazed, bewildered, mixed up, surprised, awed, dumbfounded, flabbergasted, astounded, amazed, confounded, astonished, boggled, overwhelmed, horrified, numbed, and perplexed.
 
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Bin59

Regular

Constant Mutamba: "Anyone who will hijack a single dollar from the Congolese will have his place in Makala prison"​

24.07.2024
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Constant Mutamba, Minister of Justice and Keeper of the Seals

During a press briefing, held on Tuesday, July 23, on the government's reforms undertaken in the justice sector, the Minister of State in charge of Justice and Keeper of the Seals, Constant Mutamba, answering the question about the perpetrators of financial embezzlement and embezzlement of public funds, indicated that anyone who will divert a single dollar from the Congolese will have his place in Makala prison.

"The Head of State gave us the mission to crack down. We will therefore be intransigent and intractable vis-à-vis all diverters of the state's public money. Anyone who will divert a single dollar from the Congolese will have his place in Makala prison. And we will reserve relentless answers to this, "he said.
Regarding the former Minister of Finance, Nicolas Kazadi Kadima, accused of embezzlement of public funds in the case of the purchase of drills and streetlights, the Minister of Justice made it known that "no one is above the law", while nevertheless evoking the principle of the presumption of innocence guaranteed by the country's Constitution.

"Alone the judge is authorized, in terms of our law, to be able to condemn someone for an offending fact. So, I wouldn't want to interfere in an ongoing instruction, "said Constant Mutamba.

In addition, the latter said he had set up a framework for consultation with the Attorney General at the Court of Cassation, in order to prosecute all cases related to embezzlement of public funds.
(Can only hope he follows through on his promise to review all files of corruption/ embezzlement sent to their office over the past 3 years).

Much more, the Minister also indicated that parallel investigation mechanisms against money laundering have been put in place. These mechanisms provide for unconditional confiscation of property, in accordance with Article 130 of the new Money Laundering Act.


Joslin Lomba
congo-press.com (MCP) / mediacongo.net
 
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Pokok

Regular

Constant Mutamba: "Anyone who will hijack a single dollar from the Congolese will have his place in Makala prison"​

24.07.2024
policy
Add to Favourites
email sharing button

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Constant Mutamba, Minister of Justice and Keeper of the Seals

During a press briefing, held on Tuesday, July 23, on the government's reforms undertaken in the justice sector, the Minister of State in charge of Justice and Keeper of the Seals, Constant Mutamba, answering the question about the perpetrators of financial embezzlement and embezzlement of public funds, indicated that anyone who will divert a single dollar from the Congolese will have his place in Makala prison.

"The Head of State gave us the mission to crack down. We will therefore be intransigent and intractable vis-à-vis all diverters of the state's public money. Anyone who will divert a single dollar from the Congolese will have his place in Makala prison. And we will reserve relentless answers to this, "he said.
Regarding the former Minister of Finance, Nicolas Kazadi Kadima, accused of embezzlement of public funds in the case of the purchase of drills and streetlights, the Minister of Justice made it known that "no one is above the law", while nevertheless evoking the principle of the presumption of innocence guaranteed by the country's Constitution.

"Alone the judge is authorized, in terms of our law, to be able to condemn someone for an offending fact. So, I wouldn't want to interfere in an ongoing instruction, "said Constant Mutamba.

In addition, the latter said he had set up a framework for consultation with the Attorney General at the Court of Cassation, in order to prosecute all cases related to embezzlement of public funds.
(Can only hope he follows through on his promise to review all files of corruption/ embezzlement sent to their office over the past 3 years).

Much more, the Minister also indicated that parallel investigation mechanisms against money laundering have been put in place. These mechanisms provide for unconditional confiscation of property, in accordance with Article 130 of the new Money Laundering Act.


Joslin Lomba
congo-press.com (MCP) / mediacongo.net
Means nothing , if you get court just say your sick and need to visit another country , NEXT
 
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