AVZ Discussion 2022

[Carlos Danger]

Rep. James Introduces BRIDGE to DRC Act​

July 12, 2023
Press Release
Contact: Noah Sadlier
WASHINGTON, D.C. – Today, Representative John James (MI-10) introduced the Building Relationships and Increasing Democratic Governance through Engagement (BRIDGE) to DRC Act to the U.S. House of Representatives. The bill creates a national strategy to secure United States supply chains involving critical minerals sourced from the Democratic Republic of Congo (DRC).

The DRC’s critical minerals are required not just for U.S. industrial production but also for national security purposes - it is essential for fighter jet parts, precision munitions, and stealth technology. Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests. As a result of this supply chain reality, and with pivotal presidential elections scheduled in the DRC set for December 2023, it is imperative that the United States increases its engagement in the country.

Additionally, the bill outlines Congressional expectations to ensure that the DRC’s December 2023 presidential elections are free and fair and recognizes the role of state and non-state actors in perpetuating the violent conflict in Eastern DRC.

Rep. James issued the following statement regarding this legislation:

“As Chairman of the House Foreign Affairs Subcommittee on Africa, I believe that increasing engagement with the Democratic Republic of Congo (DRC) is of strategic interest to the United States and our allies. Ensuring reliable and consistent U.S. access to critical mineral supply chains which originate in the DRC is integral to bolstering our national security,” said Rep. James. “The BRIDGE to DRC Act will help secure our critical mineral supply chains from malign Chinese influence and highlights to Kinshasa the specific human rights and democracy benchmarks required to strengthen the U.S.-DRC bilateral relationship.”

The bill is co-sponsored by Reps. Jim Baird (R-IN), Young Kim (R-CA), Thomas Kean Jr. (R-NJ) and Cory Mills (R-FL).
###

 

[Chilla]

 

[Charbella]

View attachment 40424

Hi Chilla, care to share your thoughts on HSBC Custody Nominees?

 

[Chilla]

Hi Chilla, care to share your thoughts on HSBC Custody Nominees?

Not sure?

Maybe the holding account for ASX200 index funds plus a few others?

 

[Remark]

FFS, this is like a death by a thousand cunts!

 

[MoneyBags1348]

We have to thank h00ts for the free PR he has given us on the crapper.

Cruiser I suspect hoots might be perthbrokerasx (on twitter) and has been lending shares to shorter’s and is now in full on desperation mode. The common trait is not actually knowing anything about what’s going on with AVZ and just keeps posting lies and bullshit.

The wanker is now watching TSE in between watching gay porno’s. Couldn’t even describe him as a loser because that would be offensive to loser’s

 

[CashKing]

View attachment 40424

Huayou have always been so silent on this

 

[Winenut]

Set the count down timer for a moderation on this one...

 

[pow4ade]

Cruiser I suspect hoots might be perthbrokerasx (on twitter) and has been lending shares to shorter’s and is now in full on desperation mode. The common trait is not actually knowing anything about what’s going on with AVZ and just keeps posting lies and bullshit.

The cocksucker is now watching TSE in between watching gay porno’s. Couldn’t even describe him as a loser because that would be offensive to loser’s

How did your appeal to the World Bank go, did you take my advice re addressees? Be interesting to hear how it was received.

 

[Samus]

​

CMOC AGREES TO PAY $800 MILLION TO END ROW WITH CONGO’S GECAMINES​

JULY 20, 2023 CONSTANCE
China’s CMOC Group has agreed to pay Congo state mining firm Gecamines $800 million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the country, the Chinese company said on Tuesday July18th.
CMOC said in a statement it will start paying the settlement fee this year and complete payment by 2028.
The Chinese mining company also said TFM will pay cumulatively at least $1.2 billion in dividends to Gecamines over the life of the project starting this year.
“CMOC will further consolidate partnerships with Gecamines and expand co-operation in the new energy and other sectors,” it said.
The firm is “committed to economic development and people’s welfare in Congo and making a greater contribution to co-operation between China and Congo,” it said.
Gecamines did not immediately respond to Reuters‘ request for comment.
An anticipated rise in earnings as more copper and cobalt is mined at TFM and another project called KFM means CMOC will fund an annual $133 million settlement fee and $67 million in dividend payments to Gecamines without hurting its net profit, Citigroup analysts said in a note.
“Considering the cash flow contribution from the ramp-up of TFM mixed ore and KFM project, we expect the impact of dispute settlement payment on cash flow will be insignificant,” the analysts said.
CMOC told Reuters last week it had resumed exports of copper and cobalt from its TFM mine. The exports had been blocked by authorities in the country following the dispute.
Copper and cobalt shipments were halted in July 2022 after Gecamines said it suspected that CMOC understated TFM’s reserve levels to reduce the amount of royalties it should pay to the state miner.
CMOC, which owns 80% of TFM, denied the allegations.
Both companies also reached an agreement on future additional reserves and on the operation and management of TFM, CMOC said.
Gecamines will also be entitled to 20% of the total value of the project’s subcontracting and a right to acquire a volume of output proportional to its 20% stake in TFM in market terms, CMOC added.
CMOC produced 254,286 metric tons of copper and 20,286 metric tons of cobalt from the TFM operations in Congo last year.
The settlement will help TFM mines to expand its copper and cobalt capacity, CMOC said.

CMOC agrees to pay $800 million to end row with Congo’s Gecamines - Copperbelt Katanga Mining

China’s CMOC Group has agreed to pay Congo state mining firm Gecamines $800 million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the

copperbeltkatangamining.com

 

[John25]

 

[Cumquat Cap]

Another week with no news from Management, when do we start the revolt?

Nigel and team MUST be embarrassed by this lack of execution and I hope they see this

 

[John25]

This event is IMPOSSIBLE if your a LTSH of AVZ

Fuckin Gringos

 

[Onthefm]

N

Another week with no news from Management, when do we start the revolt?

Nigel and team MUST be embarrassed by this lack of execution and I hope they see this

No mate they don't do embarrassment. That's the only thing they did learn with 20 years of experience in the drc.

 

[MoneyBags1348]

While there seems to be a slight resurgence in scare tactics, lies and desperation from the trolls, I did a survey with shareholders I chat with privately and the following list resulted. It doesn’t include the regular trolls on TSE, some of whom have lost their previous profiles and made up new ones, but it does give you an idea of the number involved.

The Weasels and wannabes will lose everything they have wasted the last year and half on, but the poor old desperate short sellers will be the worst off, especially those brokers who have borrowed shares without their clients consent

Weasels (Group 1)
Jean Felix Mupande Kapwa
Celestin Kibeya Kabemba
Simon Cong
Klaus Jerkoff
Eric Allard

Wannabe Mafia
CAMI
Cominiere
Dathomir
Zijin
AJN
TTX

Short Seller Brokers
Boatman
Perthbrokerasx
Eztrang
Hoots

Weasels (Group 2)
tommy tb
Der Geist / Sir Les
Li Tao
RAM
Lars

Obviously there’s a lot more in this list, but these are the main weasels and wannabes

 

[M.Bison]

Dear lord please let this nightmare end soon.

 

[TDITD]

Dear lord please let this nightmare end soon.

No not you jesus, he said Lord.

 

[Winenut]

This event is IMPOSSIBLE if your a LTSH of AVZ
View attachment 40439 View attachment 40440
Fuckin Gringos
View attachment 40441

I know....I had to get additional supplies

 

[Doc]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

 

[Winenut]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

I'd like to think both