CashKing
Regular
Na it was to small I threw the Baldie back , big dog got thrown back also
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Hemicuda
Regular
Yeah I’ve never had one, good on the bbq? We don’t get them over here,,,, nice aj in the pic
CashKing
Regular
Anything is good on the bbq, butter ,garlic , foil,Yeah I’ve never had one, good on the bbq? We don’t get them over here,,,, nice aj in the pic
Well not anything but the good ones only
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Hemicuda
Regular
TrueAnything is good on the bbq, butter ,garlic , foil,
Sammy_da_Smile
Regular
'Like sand through an hour glass'*What's the Word i'm looking for to describe this Episode of "DRC Days of Our Lives"
GECAMINES/Metakol over-the-counter market: COGEP denounces a shortfall of 2.630 billion on behalf of the Treasury and recommends legal action
The Coalition for the Governance of Public Enterprises (COGEP) denounces a shortfall of 2.630 billion US dollars on behalf of the public treasury, in connection with transactions around mining titles that Gécamines (General of Quarries and Mines) has sold to the company Metalkol, for a derisory sum of 60 million USD.
In its recently published report, COGEP denounces several irregularities, practices of financial embezzlement, corruption and mismanagement that have characterized the partnership relations between Gécamines and its two private partners within two joint ventures formed, namely Metalkol and Evelyne Investistment SA.
Through this report entitled “Gécamines, what does over-the-counter hide?, the COGEP affirms that, the consequences of the repeated violations of the laws, were not only on the legal level, but also caused enormous losses of income for Gécamines and the budget of the State.
For COGEP, Gécamines sold the mining titles at 60 million USD, while their real market value is estimated at 2.690 billion US dollars "This means that the Congolese State has lost 2.630 billion US dollars", can we read in this report.
In this document, COGEP, which points an accusing finger at public officials and political leaders, makes a few observations, namely the fact that the assets are transferred in flagrant violation of the legal and regulatory provisions which impose recourse to the appeal of offers and the approval of the Government in the Council of Ministers, is constitutive on the one hand, of penal offenses because of the legal obligations and, on the other hand, of fault of management because of the dilapidation of the mining assets; illegalities and the opacity that characterized the transactions are akin to financial embezzlement.
At no time were major transactions involving Gécamines in 2017 discussed at the General Assembly.
Further on, COGEP remains of the opinion that the various portfolio and mining ministers as well as the successive heads of government have also assumed their individual responsibilities. but, despite the serious indications described above, no precautionary measure or investigation has been carried out or ordered on this subject.
Indeed, COGEP criticizes the fact that the actions taken by the authorities with regard to the transfer of mining titles to Metalkol, which is a non-existent company, constitutes a conscious and criminal will to violate the laws or negligence which are personally attributable to them.
Consequently, COGEP recommends that the judicial authorities initiate, each as far as it is concerned, legal proceedings against the agents of Gécamines and the successive ministers suspected of being perpetrators or accomplices of fraud, embezzlement of public funds and acts of corruption inherent in improper disposals of mining assets; initiate, each as far as it is concerned, legal proceedings against the effective and legal owners of Metalkol and Evelyne Investment suspected of being perpetrators or accomplices of embezzlement of public funds and acts of corruption inherent in the irregular and fraudulent acquisitions of mining assets; adapt the existing incomplete legal framework with emphasis on the system of sanctions in terms of corruption, financial embezzlement and the squandering of public assets, in particular public mining assets.
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Gonna be interesting to see how this plays out
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TDITD
Top 20
More of the same, Michael Kavanagh should know better. One sided, no mention of IGF. 
https://www.bloomberg.com/news/arti...tle-for-largest-lithium-deposit?sref=rfb3qa2N
https://www.bloomberg.com/news/arti...tle-for-largest-lithium-deposit?sref=rfb3qa2N
LimitedEdition63
Regular
Im of a similar opinion. CATH dropped any conditions several months ago. I think they knew what was up and dropped all conditions so the transaction would proceed and they get their 24%. We all wondered why they didnt give us the cheque at the time. Looking back, CATH wanted to I think. But AVZ in fact are possibly the ones slowing things down for the time being. If thats the case, AVZ were aware enough of the situation not to take the deal (yet) and CATH may have had ulterior motives. China is China first and foremost.
I think Nige is the one holding off and rightly so. Because regardless of what scenario plays out we get to hold a minimum of 51%, something Z have factored in. And we as shareholders just need to buy into the loss of revenue from CATH (plus the $20M forfeiture).. So there are options regardless of how this plays out. Strong shareholders will mean a strong AVZ outcome regardless.
I think the bloomberg one is much better than the AFR one.More of the same, Michael Kavanagh should know better. One sided, no mention of IGF.
https://www.bloomberg.com/news/arti...tle-for-largest-lithium-deposit?sref=rfb3qa2N
Samus
Top 20
I bet you do
cant be worse than the AFR oneI bet you do
TDITD
Top 20
I think its clear neither have done any actual research or investigation into the boatman report and have simply copy pasted, yes the bloomberg one adds a little to 'pretend' it didn't copy paste from dingychild....oops I mean boatman.
The lack of reporting on IGF report is telling, as is the lack of mention of AVZs offer to cominiere that was far superior to Zijins, also no mention of Zijins past actions or AVZs communication with the Government and being the only inclusion on battery council.
DiscoDanNZ
Regular
God can you guys calm down, I just had to read like 8 pages to catch up. Lets see if I got everything...
Diamond hands, fuck China, Cash bbq'd some fish (very jealous of the lobster), we could have a mole, Kabila of all people is going to save DRC from foreign bribery and exploitation and again, fuck China somethings just need to be repeated.
Labour are in power here in Aus, what are your guys thoughts on that/what do you see happening to the ASX come next week with this change?
Diamond hands, fuck China, Cash bbq'd some fish (very jealous of the lobster), we could have a mole, Kabila of all people is going to save DRC from foreign bribery and exploitation and again, fuck China somethings just need to be repeated.
Labour are in power here in Aus, what are your guys thoughts on that/what do you see happening to the ASX come next week with this change?
Samus
Top 20
Pretty confident about the mole at this point
Samus
Top 20
<iframe src="https://hotcrapper.com.au/threads/running-discussion-on-sp.4111732/?post_id=61548307&embed=1" width="500" height="686" style="border:1px solid #DADADA;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true" allow="encrypted-media"></iframe>
lol
lol
Hemicuda
Regular
Pretty confident about the mole at this point
CashKing
Regular
DiscoDanNZ
Regular
<iframe src="https://hotcrapper.com.au/threads/running-discussion-on-sp.4111732/?post_id=61548307&embed=1" width="500" height="686" style="border:1px solid #DADADA;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true" allow="encrypted-media"></iframe>
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That link appears very broken to me @zeebot might want to take a look.
I found my way to the post though, YUGE IF TRUE!
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