AVZ Discussion 2022

[CHB]

Probably sitting in a room so his china friends can listen in.

My guess is we are at least another month away. Frank's comments seem to defer to Felix for intervention and I think that's the hope.

 

[Doc]

WhatsApp is the primary personal comms tool in many developing countries. It's ubiquitous throughout Asia, so I'm assuming also the case in Africa.

Yes buy they committed to attending the recent meeting in person then were a no show more the point

 

[Frank]

I know a large chunk of Aussies don't think much of religious organisations, but you need to understand that for every dickhead exposed in the media for doing something bad, there are another 100 people doing something good for the better of the community because they care.

Here on the Gold Coast there are multiple groups ensuring the homeless can get a free hot meal every night of the week at multiple locations around the place.

They put together teams to help clean up after the floods.

The have renovated community centres out of their own funds for non-religions groups so they can better serve the community.

One church bought a house, renovated it with a bunch of bedrooms and then handed it over to the salvos to run as a safe place for homeless expectant mothers who had no where to go. For free, while covering the running costs.

There are stacks more things like this that are funded by the churches, not government money.

The same goes over in DRC. The churches are there from the Belgium days. They aren't rich but do care about the people in the community and have a good idea what's going on in the area. So if they see something that will greatly benefit the community and drag them out of the absolute poverty which is all around them, they will push for it.

*Fyi, fwiw, to add, I see where,

Manono lithium cases / DATHCOM project: civil society in a mission of good offices

Manono's lithium cases/DATHCOM project: civil society in a mission of good offices

This round table was organized at the initiative of the civil society of Manono with the accompaniment of experts in the field of natural resources of Lubumbashi and Kinshasa under the coordination of the Monsignor the diocesan bishop of Manono Vincent de Paul Kwanga and that of the Methodist Church, Monsignor Guy Mande Mutombo.

This mission of good offices puts around the same table, the managers of L'AVZ (majority shareholder with 60%) and COMINIERE (25% including 15% already sold to Xinjin) in order to understand the points of convergence and divergences within of the DACHTOM mining project, thus proposing exit routes in order to exploit the lithium of Manono with positive spin-offs for the development of the DRC from Manono in the Province of Tanganyika.

This civic approach beneficial for the population of Manono and two shareholders aimed at promoting the business climate and protecting investors in accordance with the commitments of the Congolese Government and good practices at the international level.

In face-to-face and videoconference, the civil society of Manono obtained the adhesion of the managers of both companies, the commitment to meet at the General Assembly of DACTHCOM after having obtained the opinion of their hierarchy respectively as well as the commitment to dialogue for the benefit of all stakeholders including the population of Manono.

It should be noted that a series of pleas will be carried out by the organizers of this round table at each level of institutional and associative responsibility in order to obtain the operating permit and the relaunch of the DACTHCOM Project, a guarantee of development of this Zone.


Adèle Kayinda: “Communicators and AFDC members insulted me for a year. I am in the SAMA II government on behalf of ALDEC”

The portfolio minister Adèle KAHINDA MAHINDA settles accounts with the members of the AFDC group and allies of Modeste BAHATI whom she dismissed from her cabinet because of the insults suffered for more than a year according to her own statements.

The Minister of State in charge of the portfolio renewed within the SAMA government says that she was appointed on the basis of her skills and her membership in the sacred union as ALDEC and not AFDC.

“I am in the government like ALDEC.

The word of God recommends me to love God and my neighbour. I was thanked with insults for more than a year by communicators and members of the AFDC and allies group. All of this belongs to the past. I joined the sacred union like ALDEC” declared the one who is now cold with Bahati Lukwebo the president of the Senate.

It should be noted that all the members of his cabinet from the AFDC-A and AFDC party group led by Professor Modeste Bahati Lukwebo, President of the Senate who were dismissed wrote letters of resignation to conceal their ejection from the cabinet.

It is exactly:

1. Advisor: Thierry Betu

2. Advisor: Kelly Mussamba

3. Advisor: Louis DIBERE

4. Councilor Faustin Kambala

5. Research officer: Bazin Pembe

6. Head of studies: Christian Baseme

7. Secaba: Sandra Loakondjo

8. Ops: Nyhoul Mongulu

9. Ops: Sylvie Muamini

10. Ops: Glory Kikobia

11. Hostess: Grandma Muchiga

https://foxtimes.cd/#

 

[MoneyBags1348]

Something you can add on the lying snake Celestin Kibeya to the Twitter campaign @Spikerama @JAG @TDITD
…. Why he didn’t attend the meeting on Dathcom’s PE and Cominiere’s grievances in Lubumbashi

@Sammael posted this last December

Sale of the mining assets of Cominière SA: Technical director Célestin Kibeya accused of complicity and usurpation of competence​

Congolese civil society organizations and platforms specializing in mining issues (Justicia Asbl, LICOCO, RND Asbl, POM, MDR, GANVE, CDH, ESPOIR ONG, RCEN, CERN/CENCO, TPRDC, MAX IMPACT), monitoring exploitation of natural resources in the Democratic Republic of Congo, accused, in a press release, the technical director Célestin Kibeya Kabemba of being no stranger to the selling off of the mining assets of the Congolese mining company (Cominière SA).

Worse still, the man exercises the functions of interim Director General without presidential order, nor decree of the ministry of supervision, that of the Portfolio, even less a report of the Board of directors.

"Already on October 26, 2022, when the interim Managing Director Mwamba Athanase was not yet in the hands of Congolese justice, the same Mr. Kibeya had co-signed as '' Managing Director ai '' on behalf of Cominière SA a press release press attributed to UNITED COMINIERE SAS with Eric Allard, a convicted person in Lubumbashi for forgery and use of forgery, and Michel Kitwa Nelkin. “, denounce these NGOs.

These structures draw the particular attention of the President of the Republic, Félix Félix Tshisekedi and the Prime Minister, Jean-Michel Sama Lukonde to these facts. "Mr. Célestin Kibeya is one of the key players in the sale of Cominière SA shares to Jin Cheng Mining Company Limited (a subsidiary of Zijin) and the undervaluation of the market value castigated by the General Inspectorate of Finance ( IGF) and for which Mr. Mwamba is the only one warned to date, while several elements demonstrate internal teamwork at Cominière SA. “, warn these civil society structures.

Bradage des actifs miniers de la Cominière SA : Le directeur technique Célestin Kibeya accusé de complicité et d’usurpation de compétence – Congo nouveau

congo-nouveau.info

 

[whales]

I don't think there is any chance that Zijin will walk away . They know it's not legit but they are the buyer not the seller . The FROR between Cominiere and AVZ/Dath being upheld has nothing to do with Zijin . MoP & DG of C made that call . Zijin going to want their money back when they lose unless they get all of Nth CDL . The DG of C must be having a few sleepless nights .

Does anybody know for certain if Zijin do in fact still hold the 15% or they have handed it back to Cominiere.
It appears it still does otherwise the ICC case would not be proceeding.
Company update on this would be appreciated .
If they still hold then Cominiere at present only hold 5% and cannot transfer the required 10% to government and fulfill mining licence requirement.

 

[wombat74]

Does anybody know for certain if Zijin do in fact still hold the 15% or they have handed it back to Cominiere.
It appears it still does otherwise the ICC case would not be proceeding.
Company update on this would be appreciated .
If they still hold then Cominiere at present only hold 5% and cannot transfer the required 10% to government and fulfill mining licence requirement.

That's why in his interview he said he wants to take control of the project . He's a Zijin puppet . He doesn't have the money to pay Zijin back if they lose the 15% and he doesn't have the 10% to cede to the DRC gov if they win . He's only got one choice and that's to try and take down AVZ .

 

[BEISHA]

" Pushing forward the project with AVZ and Cominiere on a round table to sort out issues and then work together positively "

Avz...........You stole from us fucker !....


Com........Yep, it was a nice snack too i might add..


Avz.........So how are we going to work this out ?


Com.......Fucked if i know, we are broke now and Zijin playing hard ball........


Avz........Fair enough.

ffs

 

[Roon]

That's why in his interview he said he wants to take control of the project . He's a Zijin puppet . He doesn't have the money to pay Zijin back if they lose the 15% and he doesn't have the 10% to cede to the DRC gov if they win . He's only got one choice and that's to try and take down AVZ .

This is bang on, IMO. They've backed themselves into a corner where, under pressure from their corrupt overlords, the only way they can perceive to avoid absolute ruin is in supporting and facilitating a Zijin win. You know what they say about cornered rats.

Perhaps AVZ need to consider provide Cominiere with another pathway forward

 

[Bonsoir]

That's why in his interview he said he wants to take control of the project . He's a Zijin puppet . He doesn't have the money to pay Zijin back if they lose the 15% and he doesn't have the 10% to cede to the DRC gov if they win . He's only got one choice and that's to try and take down AVZ .

They should throw his arse in prison for being a corrupt prick.

Then demand zijin cede the 15% back ( if they have it in the first place ) with no return of money paid then fine zijin 50 mil for being corrupt little kunts and get the fuck out of the country if you don’t like it.

 

[ptlas]

Q

This is bang on, IMO. They've backed themselves into a corner where, under pressure from their corrupt overlords, the only way they can perceive to avoid absolute ruin is in supporting and facilitating a Zijin win. You know what they say about cornered rats.

Perhaps AVZ need to consider provide Cominiere with another pathway forward

That's my take.
The exits are ever so slowly being blocked and the music is starting to play.

我希望你有一個漫長而緩慢的痛苦死亡。
在你支付十二美元之後。
婊子

 

[ptlas]

Translation not perfect. But you get the gist.

 

[whales]

This is bang on, IMO. They've backed themselves into a corner where, under pressure from their corrupt overlords, the only way they can perceive to avoid absolute ruin is in supporting and facilitating a Zijin win. You know what they say about cornered rats.

Perhaps AVZ need to consider provide Cominiere with another pathway forward

As Xerof highlighted the MMCS versus Cominiere takes on far more Importance.
Cominiere win then it has the 10%.

 

[wombat74]

An AVZ stalwart feeling it today .

Svetlana

@NikkyIntheWorld
I have come to the end of my road at this point I want to be realistic and not promise myself a just/fair outcome, when there may not be one for $AVZ.

A heavy statement considering her optimistic commentary over many months . That village meeting may have been one step too far .

 

[SilentOne]

They should throw his arse in prison for being a corrupt prick.

Then demand zijin cede the 15% back ( if they have it in the first place ) with no return of money paid then fine zijin 50 mil for being corrupt little kunts and get the fuck out of the country if you don’t like it.

I thought that Zijin never actually completed the illegal purchase/sale of the 15% and by default it is incomplete. This transaction should have no impact on the approval of the Minning license I would think. Once the Surface Rights have been calculated and paid for then the mining license can then be issued to Dathcom. The only other condition that I know of is that one entity needs to hold over 51% of Dathcom for the Mining License to be issued which AVZ has and the relevant Decree issued.

The issues with Comm..... & Zijin are with them - not AVZ (if the payment is not sitting with DRC Treasury for the 15% then again that does not sit with AVZ).

These are my thoughts.

Regards,

Silent

 

[BEISHA]

As Xerof highlighted the MMCS versus Cominiere takes on far more Importance.
Cominiere win then it has the 10%.

 

[Mickyb64]

Seriously, if AVZ and Cominiere haven't been sitting around a table then WTF has been going on?

 

[Roon]

I thought that Zijin never actually completed the illegal purchase/sale of the 15% and by default it is incomplete. This transaction should have no impact on the approval of the Minning license I would think. Once the Surface Rights have been calculated and paid for then the mining license can then be issued to Dathcom. The only other condition that I know of is that one entity needs to hold over 51% of Dathcom for the Mining License to be issued which AVZ has and the relevant Decree issued.

The issues with Comm..... & Zijin are with them - not AVZ (if the payment is not sitting with DRC Treasury for the 15% then again that does not sit with AVZ).

These are my thoughts.

Regards,

Silent

We need to get a new Mining Licence Decree first from the MoM before the surface rights over the entire 221 Squares can be calculated - and we aren't in the loop as to what exactly is holding that up.

 

[TheV]

Based on my understanding of Dathcom agreement is that no transfers are allowed to non Dathcom shareholders until the mining license is approved anyway. Therefore Zijin and CATH can only legally have their percentage once mining licence is granted. So Zijin technically do not hold anything of Dathcom (yet), they are going to ICC to force AVZ to accept the transaction but really it is not legal at first place anyway.

 

[CHB]

An AVZ stalwart feeling it today .

Svetlana
@NikkyIntheWorld
I have come to the end of my road at this point I want to be realistic and not promise myself a just/fair outcome, when there may not be one for $AVZ.

A heavy statement considering her optimistic commentary over many months . That village meeting may have been one step too far .

Brother prince didn't come through eh

 

[Thaz]

Based on my understanding of Dathcom agreement is that no transfers are allowed to non Dathcom shareholders until the mining license is approved anyway. Therefore Zijin and CATH can only legally have their percentage once mining licence is granted. So Zijin technically do not hold anything of Dathcom (yet), they are going to ICC to force AVZ to accept the transaction but really it is not legal at first place anyway.

Not saying i doubt this - but is there any source on this? (Extract from the agreement confirming this?)

As far as I'm aware - the main argument used by the BoD is that they were not offered the first Right of Refusal - Which is required under the agreement.