AVZ Discussion 2022

[Flight996]

View attachment 30559

The report of the General Inspectorate of Finance qualified as without constructive value

The report of the General Inspectorate of Finance (IFG) of the Democratic Republic of Congo on the Sino-Congolese contract signed since 2008, is described by the Chinese Embassy in Kinshasa as "not credible and without constructive value".

“We learned with amazement of the publication of the report on the Chinese contract by the General Inspectorate of Finance (IGF) of the Democratic Republic of Congo.

We regret to note that the report, whose content is full of prejudices, does not correspond to reality, cannot be considered credible and has no constructive value. “, Can we read in this press release from the spokesman of the Chinese Embassy in the DRC.

For the Chinese Embassy, "the Chinese Contract is a fine example of a win-win partnership", affirming that "many tangible achievements prove that the Congolese side has effectively benefited from this cooperation".

The spokesperson for the Chinese Embassy in the DRC concluded by reassuring Chinese companies operating in the DRC to firmly defend their "legitimate rights and interests" and encouraged them to work with their Congolese partner to "improve cooperation by making it benefit more".

SICOMINES disputes the competence of the IGF

For its part, the Sino-Congolese mining company (SICOMINES S.A) emphasizes, in its press release, that it has read this document, while contesting both the competence of the IGF and the procedure followed, describing it as a violation of its rights as well as the content of these documents, which disregard the mechanism set up by the DRC through the Collaboration Agreement and the rights granted to SICOMINES, and in particular the right to be heard.

"In addition, the criticisms and justified measures implemented against SICOMINES are detrimental to the proper functioning of this company and the Cooperation Project, ultimately damaging the interests of the country and the Congolese people", underlines this company.

“The DRC is a rule of law where the right to defense is enshrined and guaranteed by the Constitution.

In particular, the security of private investments, national or foreign, is guaranteed in the DRC and the commitments made with regard to investors cannot be flouted", continues this joint venture, while indicating that SICOMINES will evaluate the follow-up that you have to give in order to protect your rights.

Recall of facts

On February 08, 2023, SICOMINES received an invitation from the General Inspectorate of Finance (IGF) to come to the meeting room of the General Inspectorate of Finance, with the purpose of: examining the conclusions and recommendations of the 'IGF in order to settle the situation of SICOMINES.

On February 15, 2023, SICOMINES appeared at the meeting covered by the press, during which the audience was provided with two documents entitled "IGF conclusions on the collaboration agreement of April 2008 between the DRC and the group of Chinese companies (Chinese Contract)”, on the one hand, and “Requirements of the IGF with regard to its conclusions on the Chinese Contract” on the other hand.

Thus, after carrying out investigations, the IGF published its conclusion on Wednesday, February 15, accusing, among other things, SICOMINE SA and the group of Chinese companies (GEC) of having won more than the Congolese country in this supposed contract. be win-win.

Also, that this deal signed in 2008 between Chinese companies and the Congolese state has had no visible impact on the population, accusations which China describes as not credible and without constructive value.

mediacongo - 24.02.2023

The only thing missing from the Chinese response to the IGF report (2022) are accusations that it interfered in China's internal affairs and that it promotes regional instability. They are the usual hyperventilating responses to pretty much anything that China does not like.

 

[JAG]

Fuck me, and there I was, thinking I took spamming to the next level

@TDITD has now taken over the mantle.

 

[Sparrowhawk12]

FYI. Off-topic but interesting ... but I don't see a replacement to Li-Ion batteries in EV's for next 10 years (IMO).

Sodium-Ion = 140-160Wh/Kg
Li-Ion = 300Wh/Kg approx. ("Panasonic’s “2170” NCA batteries used in 2020 in Tesla’s Model 3 is around 260 Wh/kg")

First passenger car equipped with sodium-ion batteries unveiled in China

Powering EVs with sodium-ion batteries seems to get closer to reality in China. Local carmaker SOL and battery manufacturer Hina Battery Technology unveiled a test vehicle equipped with sodium-ion batteries on February 23. The car came with a driving range of 252 kilometers.

www.digitimes.com

Lithium iron phosphate battery - Wikipedia

en.wikipedia.org

 

[Ozthescot]

Fuck me, and there I was, thinking I took spamming to the next level

@TDITD has now taken over the mantle.

View attachment 30560

Haha yes @TDITD

 

[ptlas]

FYI. Off-topic but interesting ... but I don't see a replacement to Li-Ion batteries in EV's for next 10 years (IMO).

Sodium-Ion = 140-160Wh/Kg
Li-Ion = 300Wh/Kg approx. ("Panasonic’s “2170” NCA batteries used in 2020 in Tesla’s Model 3 is around 260 Wh/kg")

First passenger car equipped with sodium-ion batteries unveiled in China

Powering EVs with sodium-ion batteries seems to get closer to reality in China. Local carmaker SOL and battery manufacturer Hina Battery Technology unveiled a test vehicle equipped with sodium-ion batteries on February 23. The car came with a driving range of 252 kilometers.

www.digitimes.com

Lithium iron phosphate battery - Wikipedia

en.wikipedia.org

The technology around both will improve.

But what won't change is the Periodic Table

Lithium is above sodium on the left meaning that it is lower mass ( lighter) than sodium.

The only issue is whether/when technology improves enough to allow the cheaper sodium to prevail.

I would guess that ten years would be an optimistic estimate. But what do I know!

 

[cruiser51]

#RDC 24.02.2023| #CitéUA The Head of State, Félix Antoine Tshisekedi Tshilombo chaired, by videoconference, this Friday, in his office at the Cité de l'Union Africaine, the eighty-eighth meeting of the Council of Ministers.

 

[geo_au]

Sorry fellow TSE members…. It was all the DRC politicians shaking hands with the people that are illegally trying to usurp the people of the DRC and our company that made me do it

That is normal protocol it does not mean they are bosom buddies. At the end of the day it is all about the Rule of Law and if applied the chinese and the corrupt congolese officials will pay the price.

 

[MoneyBags1348]

View attachment 30559

The report of the General Inspectorate of Finance qualified as without constructive value

The report of the General Inspectorate of Finance (IFG) of the Democratic Republic of Congo on the Sino-Congolese contract signed since 2008, is described by the Chinese Embassy in Kinshasa as "not credible and without constructive value".

“We learned with amazement of the publication of the report on the Chinese contract by the General Inspectorate of Finance (IGF) of the Democratic Republic of Congo.

We regret to note that the report, whose content is full of prejudices, does not correspond to reality, cannot be considered credible and has no constructive value. “, Can we read in this press release from the spokesman of the Chinese Embassy in the DRC.

For the Chinese Embassy, "the Chinese Contract is a fine example of a win-win partnership", affirming that "many tangible achievements prove that the Congolese side has effectively benefited from this cooperation".

The spokesperson for the Chinese Embassy in the DRC concluded by reassuring Chinese companies operating in the DRC to firmly defend their "legitimate rights and interests" and encouraged them to work with their Congolese partner to "improve cooperation by making it benefit more".

SICOMINES disputes the competence of the IGF

For its part, the Sino-Congolese mining company (SICOMINES S.A) emphasizes, in its press release, that it has read this document, while contesting both the competence of the IGF and the procedure followed, describing it as a violation of its rights as well as the content of these documents, which disregard the mechanism set up by the DRC through the Collaboration Agreement and the rights granted to SICOMINES, and in particular the right to be heard.

"In addition, the criticisms and justified measures implemented against SICOMINES are detrimental to the proper functioning of this company and the Cooperation Project, ultimately damaging the interests of the country and the Congolese people", underlines this company.

“The DRC is a rule of law where the right to defense is enshrined and guaranteed by the Constitution.

In particular, the security of private investments, national or foreign, is guaranteed in the DRC and the commitments made with regard to investors cannot be flouted", continues this joint venture, while indicating that SICOMINES will evaluate the follow-up that you have to give in order to protect your rights.

Recall of facts

On February 08, 2023, SICOMINES received an invitation from the General Inspectorate of Finance (IGF) to come to the meeting room of the General Inspectorate of Finance, with the purpose of: examining the conclusions and recommendations of the 'IGF in order to settle the situation of SICOMINES.

On February 15, 2023, SICOMINES appeared at the meeting covered by the press, during which the audience was provided with two documents entitled "IGF conclusions on the collaboration agreement of April 2008 between the DRC and the group of Chinese companies (Chinese Contract)”, on the one hand, and “Requirements of the IGF with regard to its conclusions on the Chinese Contract” on the other hand.

Thus, after carrying out investigations, the IGF published its conclusion on Wednesday, February 15, accusing, among other things, SICOMINE SA and the group of Chinese companies (GEC) of having won more than the Congolese country in this supposed contract. be win-win.

Also, that this deal signed in 2008 between Chinese companies and the Congolese state has had no visible impact on the population, accusations which China describes as not credible and without constructive value.

mediacongo - 24.02.2023

Here’s hoping that one day the people of China will be able to come out from under the spying eyes and oppression of their overlords ‘with their spy balloons’ and rise up and overthrow the corrupt communist leadership and companies that have slowly and insidiously been trying to install their corrupt activities in other countries such as we have seen in countries in and around our region.

The Chinese state usually starts by underpaying their own population so they can lend money to poor countries and hold them in debt, so they can then take ownership of their infrastructure, charge tolls on it and use it for the benefit of China, not the poor countries they usurp.

Seems African states have also forgotten where and how Covid started. With a bit of luck the population of the DRC might also rise up and flush the corrupt politicians out of power. I’ve been keeping an eye on the election process and seeing corruption running rampant around polling officials and areas where the government is not popular.

Power to the population of the DRC and China…. Not their corrupt leaders and ambassadors

1989 Tiananmen Square protests and massacre - Wikipedia

en.m.wikipedia.org

 

[cruiser51]

DRC CHINESE CONTRACT: The population of BUKAVU is stunned to learn from the IGF report that the BUKAVU stadium above in the image has been invoiced to the DRC by CHINESE COMPANIES for an amount of 10 MILLION USD in a WIN-WIN AGREEMENT .

 

[JAG]

DRC CHINESE CONTRACT: The population of BUKAVU is stunned to learn from the IGF report that the BUKAVU stadium above in the image has been invoiced to the DRC by CHINESE COMPANIES for an amount of 10 MILLION USD in a WIN-WIN AGREEMENT .

True that.....just another Chinese belt and road initiative yet the fuckers keep falling for it....

 

[Charbella]

He owes me money

Hi Bags, how did you go tracking him down? I thought he was Greek. Doran doesn’t sound very Greek.

 

[Spikerama]

Hi Bags, how did you go tracking him down? I thought he was Greek. Doran doesn’t sound very Greek.

Before anyone posts this can I get a sense check from @MoneyBags1348 please?

Is it accurate and fair? I had to paraphrase the copy to make it snackable. Once ok I will put it in the archive.

I will do a French version too.

 

[JAG]

Before anyone posts this can I get a sense check from @MoneyBags1348 please?

Is it accurate and fair? I had to paraphrase the copy to make it snackable. Once ok I will put it in the archive.

I will do a French version too.

Love it mate, brilliant

 

[SilentOne]

Before anyone posts this can I get a sense check from @MoneyBags1348 please?

Is it accurate and fair? I had to paraphrase the copy to make it snackable. Once ok I will put it in the archive.

I will do a French version too.

Hi Spiker great job - maybe also emphasize what AVZ valued those shares at.

Regards Silent

 

[Spikerama]

Hi Spiker great job - maybe also emphasize what AVZ valued those shares at.

Regards Silent

Yeah, I'm sort of trying to leave AVZ out of it for now as I don't want to politicise them. I just want to focus on the key issue here which is the illegal sell off of Dathcom shares at a discount price but if I add in the true value then I have to add in to price i was sold to Zijin which was around $66million and then it all starts to get a bit wordy.

But I will have a look at it again after some consolidated feedback but really these things are designed to make a powerful impact in the social feeds and start the conversation or disrupt it. They are to be used with additional information added by the tweeter. Links to the IGF report, other facts that are missing from the image and so on.

I am making more to sort of come at it from different angles. China next target.

 

[LithiumKing]

Looks like this prominent DRC figure is starting to get involved and ask serious questions on what is happening with AVZ. Has over 85k followers and was a former presidential candidate. Big believer in getting foreign investment (non Chinese) into DRC to progress development and create win win scenarios for the DRC people and foreign investment companies. Very concerned that this will impact the credibility of the DRC with confidence in foreign investment

 

[MoneyBags1348]

Before anyone posts this can I get a sense check from @MoneyBags1348 please?

Is it accurate and fair? I had to paraphrase the copy to make it snackable. Once ok I will put it in the archive.

I will do a French version too.

Hi Spike…. I can usually get myself into trouble without anyone else’s help!!

The way I’m feeling about Felix and Lukonde shaking hands with the Chinese fuckers trying to usurp AVZ and all of us shareholders might make my opinions a little harsh, but I’m not going to object to your post!

My targeting now is more towards Felix, Lukonde and those promoting the mining sector without promoting accountability now and like you I do it from the point of a shareholder rather than from the actual company

You may press the ‘Send’ button

 

[MoneyBags1348]

To be honest I wouldn’t be surprised if Kayinda kept her position in cabinet and I think she has been exposed enough, I think we need to aim higher now, and more focused at the Chinese

I love the way you have grabbed this new approach by the horns @Spikerama

Personally I’m nearly at the stage I just want this all to go to the ICC, and I think it’s interesting that Antoinette had to take a trip to Japan to get away from it all…. Looks like they are getting desperate for investors

Tshisekedi is getting desperate ahead of the election and hoping the Chinese will build infrastructure in the next few months before the election, pity for him that he doesn’t have people behind him as dedicated as we are

 

[JAG]

Yeah, I'm sort of trying to leave AVZ out of it for now as I don't want to politicise them. I just want to focus on the key issue here which is the illegal sell off of Dathcom shares at a discount price but if I add in the true value then I have to add in to price i was sold to Zijin which was around $66million and then it all starts to get a bit wordy.

But I will have a look at it again after some consolidated feedback but really these things are designed to make a powerful impact in the social feeds and start the conversation or disrupt it. They are to be used with additional information added by the tweeter. Links to the IGF report, other facts that are missing from the image and so on.

I am making more to sort of come at it from different angles. China next target.

Let me know when its ready to go spike..... @TDITD and I are ready to spam the DRC

 

[MoneyBags1348]

Hi Bags, how did you go tracking him down? I thought he was Greek. Doran doesn’t sound very Greek.

Thanks Charbella, I know he’s not Doran. I ended up tracking him down through a bullion dealer we both use