AVZ Discussion 2022

[Flight996]

Welcome to Thursday. Here's some boring shit to start your day off right.

Global debt stands at $US305t, of which $US161t is corporate debt, $US85t is government debt, and the remainder is personal debt such as house mortgages, car loans etc. Global debt is 10% higher than at the start of the COVID pandemic in 2020. Australia is the 12th biggest debtor, but contributes only about 2% of world trade.

Ref:

How does US debt rank compared with the rest of the world?

The United States has the world’s largest national debt at $31.4 trillion.

www.aljazeera.com

 

[Sparrowhawk12]

Hmm? Netoo_Sethi seems to have left twitter, account no longer exists. A glitch? Anyone know of a way to contact him? Please PM me. BR Sparrowhawk12

 

[wombat74]

When do Shareholders request Nigel and his team take a pay cut ? Must be getting close . If we remain in limbo , what is it they will actually be doing ? Waiting for ICC cases to come around ? Not worth a $9000 per week salary surely . Plan B Nigel .

 

[Frank]

100% Frank

Let's see what FT follows up with when back in the DRC....

*If this article that Xerof dug up is anything to go by, Then it sounds like FT is in for some Deep

Tshisekedi’s Trip to China Was a Total Waste of Time and It’s His Fault ​

Two somewhat perplexing stories today in the China-Africa space. First, the visit to China by President Félix Tshisekedi is wrapping up in Hong Kong and it appears, at least based on what we know so far, that the trip was a colossal waste of time for the Congolese leader.​

Rumors of a big minerals trading deal and progress in renegotiating the unfair mining deals with Chinese companies seem to have been nothing more than hype.



*Can't wait to here what Franck, Jonnno & Kiki have to say about that

 

[cruiser51]

Anyone able to get the full story? - using 12ft.io doesn't get above the parapet for me

Not full story, but ConDino's observation...
Don't forget Felix was summoned to china by Xi...

 

[cruiser51]

Franck Fwamba

@FranckFwamba
·
1m

Congolese NGOs who follow the Cominiere and Dathcom Dossier have total confidence in the Supreme Magistrate and Sole Defender elected for the interests of the people of Manono and the DRC who is the PR05
@fatshi13
for the respect of law, mining code, truth and justice towards @avzmin

 

[cruiser51]

Franck Fwamba

@FranckFwamba
·
14m

I support the PR05 mining policy
@fatshi13
therefore: -I support EGC and its financial partner Trafigura -I support Dathcom Mining and
@AvzMinerals
& management -I support VinMart Group and Chetan Chug -I support
@BarrickGold
and Mark Bristow - I support
@Gecamines






Franck Fwamba

@FranckFwamba
·
19m

Any Congolese who loves and supports the PR05
@fatshi13
must defend the start of operations of EGC (Entreprise Generale de Cobalt) for the country to speak on the world cobalt market and Dathcom with
@AvzMinerals
not to miss the momentum of lithium in the global market.

 

[wombat74]

Maybe China knows from next year they will be dealing with a new President? Perhaps one of their choosing ?

 

[cruiser51]

https://twitter.com/FranckFwamba
@FranckFwamba
·
27m

Block a promising project for the country, local development and the policy of the PDL-145T of
@fatshi13
PR05 as Cominiere did for 2 years for private interests and selling off according to the Report
@IgfRdc

@ALINGETEJULES_K
should be considered a crime of high treason




Franck Fwamba

@FranckFwamba
·
25m

DRC NGOs want the government to give mining permits to mining companies that invest their money in research & exploration, in community development and not those who come to profit, exploit what they have not discovered as Chinese




Franck Fwamba

@FranckFwamba
·
29m

Times and circumstances having changed,
@fatshi13
is not JKK,
@anskalambayi
is not Martin Kabwelulu,
@AvzMinerals
did not acquire a mining asset irregularly from Cominiere but bought shares in Dathomir. Any expropriation as for FQM will be very inexplicable






Franck Fwamba

@FranckFwamba
·
39m

The PR05
@fatshi13
is a pragmatic legalist leader who favors rights, dialogue, respect and investor security. The Civil Society is convinced that the leaders of Cominiere will be sanctioned for mismanagement and blocking of Dathcom after report
@igf






Franck Fwamba

@FranckFwamba
·
48m

NGOs and Civile Society in DR Congo supports
@BarrickGold
Mark Bristow,
@AvzMinerals
Nigel Ferguson and VinMart Group Chetan Chug managements because they do invest in exploration and researches when Chinese and others come just to buy for cheaper and loot. DRC needs explorers.




Franck Fwamba

@FranckFwamba
·
52m

-I like
@BarrickGold
and Kibali Gold Mine -I support Mark Bristow, defender and promoter of African national executives and friends of local communities, adopted son of the Kibali Chieftaincy in the DRC -I denounce the campaign against his management of Barrick by xenophobes





Franck Fwamba

@FranckFwamba
·
59m

Les 3 entreprises publiques minieres basees du Haut Katanga, Lualaba, Haut Lomami et Tanganyika (Cominiere, Kisenge Manganese, Sodimico) doivent etre dissoutes et tout leur patrimoine minier remis a
@Gecamines
sans les dettes a prendre par leurs actionnaires. Audits et sanctions







Franck Fwamba

@FranckFwamba
·
1h

Dathcom's Manono Lithium Project requires few things to move forward: 1) Cominiere's general audit by
@IgfRdc

@ALINGETEJULES_K
2) Cominiere's dissolution, all assets goes to
@Gecamines
3) Judicial inquiry and trial of looters 4) Zijin out 5) New shareholding State-
@AvzMinerals







Franck Fwamba

@FranckFwamba
·
2h

@BarrickGold
CEO and President Mark Bristow is the only boss of a big mining company in the world meeting, respecting, defending and promoting black African communities and managers where he mines since years with Randgold Resources and now with Barrick like in DRC, Tanzania, etc




Franck Fwamba

@FranckFwamba
·
2h

All
@BarrickGold
supporters must stand up to stop a cheap smearing campaign against its successful CEO and President Mark Bristow by some xenophobic people just because he is African at the helm of a big Multinational gold company.

 

[Sparrowhawk12]

Hmm? Netoo_Sethi seems to have left twitter, account no longer exists. A glitch? Anyone know of a way to contact him? Please PM me. BR Sparrowhawk12

Seems Netoo has edited his profile to @hala_bala_jala and cleaned all personal info. Maybe he was under attack?

 

[Xerof]

Seems Netoo has edited his profile to @hala_bala_jala and cleaned all personal info. Maybe he was under attack?

This was his latest tweet...interesting comment re Pei

 

[Xerof]

NGO's are informed of a 'question' of COMINIERE by a deputy at the National Assembly about his selling of 15% to Zijin

various interests will have to ensure he doesn't lie about AVZ for the benefit of Z

my translation

 

[wombat74]

NGO's are informed of a 'question' of COMINIERE by a deputy at the National Assembly about his selling of 15% to Zijin

various interests will have to ensure he doesn't lie about AVZ for the benefit of Z

my translation

My translation : NGOs are informed of an 'ARREST' of Cominiere by a deputy in @AssembleeN_RDC about his sale of 15% in Dathcom .

 

[Onthefm]

The response to that article gives us an idea of how the locals takes even the slightest criticism of el president or their country. Imo ofcause.

 

[Flexi]

Franck Fwamba

@FranckFwamba
·
26m

NGOs are informed of an arrest of Cominiere by a deputy in
@AssembleeN_RDC
about his sale of 15% in Dathcom to the benefit of Zijin.
@IgfRdc

@ALINGETEJULES_K
,
@anskalambayi
et
@WamesoAndre
will have to ensure that the sellers do not lie on AVZ for Zijin.

1

4

10

224

Interesting translation by google ?? "question" or "arrest"

 

[geo_au]

Welcome to Thursday. Here's some boring shit to start your day off right.

Global debt stands at $US305t, of which $US161t is corporate debt, $US85t is government debt, and the remainder is personal debt such as house mortgages, car loans etc. Global debt is 10% higher than at the start of the COVID pandemic in 2020. Australia is the 12th biggest debtor, but contributes only about 2% of world trade.

Ref:

How does US debt rank compared with the rest of the world?

The United States has the world’s largest national debt at $31.4 trillion.

www.aljazeera.com

View attachment 37531

China is not in good shape with Trillions in debt not reported.

MSN

Everywhere You Look in China Are Signs of More Market Misery

(Bloomberg) -- Things are going from bad to worse for Chinese equities, with a key index tumbling into a bear market as disappointing manufacturing data added to the bleak outlook.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustWinklevoss Twins Attempt Pivot...

finance.yahoo.com

 

[Sparrowhawk12]

Jens just replied: CKK "called to their National Assembly (500 seats) to explain his corrupt actions."

 

[Roon]

Jens just replied: CKK "called to their National Assembly (500 seats) to explain his corrupt actions."

If indeed it is Celestin that has been called in to provide a briefing, and if that is indeed about the AVZ/Zijin file, I hope that the Member who called on CKK (along with any other delegates) are forearmed with all the requisite and truthful information regarding this situation.

As we saw with FT, our opponents lies can take hold if there isn't any counter information put forward. Further, it wouldn't be the first time that a question is put forward in Parliament to a bad actor with their foreknowledge, to advance their agendas. China has used that tactic before, as have a lot of other political actors.

But should this alleged questioning be to highlight the shady elements of this case, that would be a real opportunity for us to socialize the truth amongst the DRC elite and apply pressure on the government to back those operating within the law - namely AVZ. I wonder whether we (maybe through our relentless DRC supporters online) could look to ensure that those purportedly tackling CKK in Parliament have a full handle on the facts by forwarding them the documents such as the IGF report and other supporting information. They probably are aware of most particulars already, but unlike us haven't been living this saga day to day, so may not know all of the underhand tactics used by our opponents to undermine DRC and us. Even if they know the generals, spreading that knowledge around could help avoid sugarcoating by CKK and also help avoid any risk of the above nefariously planted question - known in the trade in oz at least as a 'Dorothy Dixer'.

 

[cruiser51]

Jens just replied: CKK "called to their National Assembly (500 seats) to explain his corrupt actions."

Length of term
Political groups	Government (391) Sacred Union (391) Opposition (109) Common Front for Congo (69) Lamuka Coalition (40)

Does that mean Zijin has to bribe a minimum of 251 members of the National Assembly, or just the leader of the Sacred Union, or both?

 

[Flight996]

China is not in good shape with Trillions in debt not reported.

MSN

Everywhere You Look in China Are Signs of More Market Misery

(Bloomberg) -- Things are going from bad to worse for Chinese equities, with a key index tumbling into a bear market as disappointing manufacturing data added to the bleak outlook.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustWinklevoss Twins Attempt Pivot...

finance.yahoo.com

Absolutely correct geo

Local and provincial hidden debt is a major headache, particularly when the loans are not being repaid. It is difficult to get an accurate estimate of off-the-books debt because these loans are not reported. However, I understand they approximate the value of on-the-books debt.

Therefore China's true indebtedness is about equal to that of the USA. Let's hope they are both too big to fail (LOL).

Cheers
F