AVZ Discussion 2022

Flight996

Regular
So are we now certain that the DRC government is in contravention of the interim ICSID orders? Just checked the CAMI status and nothing has changed, I'll bet my left nut Zijin is still drilling the north, working on the power station and generally not giving a rats arse about the interim orders. Hope I am wrong, it would be nice to know what is going on. 9card, AVZ, Beuler....... Anyone??

It's possible that Zijin is drilling CDL with Dathcom's 'approval' in order to get a better measure of the resource before potentially eyeballing Nigel and team across the negotiating table. I guess the key is whether Zijin is doing step-out drilling, or drilling closer to the boundaries in order to better understand the dimensions of the ore body. As much as we distrust these thieving Chinese rodents, I suspect that at some stage AVZ and Dathcom may need to negotiate with them (I cannot see a western cavalry riding in to save the day).

If Nigel's negotiating team wants to get the best price for its asset, what better way than get that pack of slimy pricks to drill it for free. It's their sunk cost, not ours.

Perhaps this is also why there is radio silence on the matter.

Just thinking out aloud.
 
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Dazmac66

Regular
It's possible that Zijin is drilling CDL with Dathcom's 'approval' in order to get a better measure of the resource before potentially eyeballing Nigel and team across the negotiating table. I guess the key is whether Zijin is doing step-out drilling, or drilling closer to the boundaries in order to better understand the dimensions of the ore body. As much as we distrust these thieving Chinese rodents, I suspect that at some stage AVZ and Dathcom may need to negotiate with them (I cannot see a western cavalry riding in to save the day).

If Nigel's negotiating team wants to get the best price for its asset, what better way than get that pack of slimy pricks to drill it for free. It's their sunk cost, not ours.

Perhaps this is why there is radio silence on the matter.

Just thinking out aloud.
How would this work (hypothetically)? What arrangement could possibly protect AVZ from being in competition with a hostile world mining giant with zero morals.
 
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JasonM

Regular
I could seriously do with some positive news. I know a useless post.
 
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Dazmac66

Regular
I could seriously do with some positive news. I know a useless post.
Not a useless point - I would imagine a lot of members desperate for a glimmer of hope. They say the darkest hour is just before the dawn!
 
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JNRB

Regular
I could seriously do with some positive news. I know a useless post.
We're all feeling the same. Doesn't hurt to have someone vocalize it every now and then :)
 
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cruiser51

Top 20
Mining Indaba 2024: the DRC benefits from a deposit of 450 million USD for the construction of 180,000 km of roads!

After his fruitful stay in Cape Town, South Africa, where he went to represent the Head of State, Félix-Antoine Tshisekedi Tshilombo, at the 30th edition of Mining Indaba, the Prime Minister, Jean-Michel Sama has not returned to the country empty-handed.

In sans game, Jean-Michel Sama Lukonde returns with an agreement of 450 million USD, signed on behalf of the Congolese Government, with the South African development bank and the company Guma Africa Group.

This envelope must be used, according to the clauses of the said contract, for the construction of 180,000 km of roads, over the next three years, across the 26 provinces, and, in particular, the 145 territories of the DRC -Democratic Republic of Congo- .

A real boost for the PDL-145 T -Local development program for the 145 territories-.

For, the focus will be on construction equipment, road rehabilitation and maintenance, which will be carried out by the ITPR Ministry.

This partnership also involves improving the capacities of the OVD and the Roads Office, training and strengthening the capacity of the workforce, including operators and technicians.

It is appropriate to emphasize that this agreement for the benefit of the DRC, its government and its people, is the fruit of the managerial dexterity of the Prime Minister, Jean-Michel Sama Lukonde, who knew how to sell the image of his country, not without presenting the assets and potential that it abounds, to attract foreign investors and big capital. :rolleyes: :sick: :ROFLMAO:

Bearer of the message on the vision of the President of the Republic and of the entire country concerning the mining sector, Jean-Michel Sama Lukonde was able to identify the opportunities offered by the context of climate change and the need for the energy transition, the potential of the Democratic Republic of Congo, which brings to the world the strategic minerals essential to this transition, as well as this need, for the DRC, to see the exploitation of its resources create jobs for the benefit firstly of local communities, especially young people, thanks to the development of local value added chains in the DRC, with the responsible investments expected, particularly in the clean energy and connectivity infrastructure sectors. :rolleyes: :sick: :ROFLMAO:

He brandished the dynamic of cleaning up the business climate initiated by the country, with courageous reforms, with a view to upgrading itself in relation to global competition, to facilitate the activity of investors.

The DRC, he said, "has embarked on digitalization reforms, but also the fight against corruption so that every day it can capture more resources for the benefit of its populations." :sick: (n) :ROFLMAO:


It was on February 7, 2024, that the DR Congolese Prime Minister summarized what constituted his agenda in Mandela's country.

mediacongo


*Sama Lukonde just another Snake in the grass who speaks with a Forked Tongue 🐍

Fyi,

The phrase "speaks with a forked tongue" means to deliberately say one thing and mean another or, to be hypocritical, or act in a duplicitous manner.
https://en.wikipedia.org/wiki/Forked_tongue
Just at minor point, the circumference at the equator is about 40,000 km, where do these fucking idiots intend to drive to?
Does Jean-Michel Sama Lukonde really understand what he is talking about?
Why am I not surprised that the DRC was standing still under the leadership of this absolute idiot.
 
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pow4ade

Regular
Care to elaborate on what you meant by the 'spirit of the deal'?
Spirit of the deal in hindsight is probably a misnomer. More accurately I'm referring to the fairness component required to ensure a successful contract in which both parties walk away happy.

It's not good enough to circle the wagons at the first sign of dissatisfaction claiming, 'Tough luck, we've got a contract...nah, nah, nah...see you in court'.

And where has that hairy-chested attitude got us three years later...nowhere with lost opportunity and much pain for holders with no end in sight.

Blind Freddy could see the deal was lopsided and an absolute bargain for AVZ. Thus there was enough meat on the bone for us to give ground and still emerge with a good deal. It's called pragmatism.
 
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tonster66

Regular
Spirit of the deal in hindsight is probably a misnomer. More accurately I'm referring to the fairness component required to ensure a successful contract in which both parties walk away happy.

It's not good enough to circle the wagons at the first sign of dissatisfaction claiming, 'Tough luck, we've got a contract...nah, nah, nah...see you in court'.

And where has that hairy-chested attitude got us three years later...nowhere with lost opportunity and much pain for holders with no end in sight.

Blind Freddy could see the deal was lopsided and an absolute bargain for AVZ. Thus there was enough meat on the bone for us to give ground and still emerge with a good deal. It's called pragmatism.
Cong was fully informed when the deal was made
 
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Winenut

Go AVZ!
Cong, Zijin and Cominiere can all go and get royally fucked

Simply criminals ignoring the law and legally binding agreements

Everything they do is in breach of rulings through appropriate courts and jurisdictions

Corrupt fucking cunts the lot of them

Sellers remorse from fucking Cong, corrupt lining of pockets from fucking Celestin/Cominiere and flagrant disregard for anything but benefit to China from fucking Zijin

There's your fucking reasons we are in this never ending fucking nightmare

Hope they all burn in hell
 
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Winenut

Go AVZ!
I'll get back on my meds now....
 
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SilentOne

Regular
You must be new to contracts

And notary deeds

I have been very critical of some of management's decisions eg the north waiver

But do I think that the guy who dumped, checks notes, 240 million fucking free AVZ shares while inking agreements eyes wide open to sell his holdings in Dathcom when the lithium price crashed got a raw deal just because it went back up again?

Absolutely fucking not

I think management are being extremely courteous by offering to negotiate an outcome with Cong but he clearly has other motives for his actions than just money for himself

If I was in Nigel's hot seat I would entertain a whole range of different deals with China to move the project forward. But I would burn this whole fucking shit show to the ground before I gave Cong another cent of our money.

The one thing that you do not want is a Chinese company as part of the JV/Dathcom.

Regards,

SilentOne
 
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Cumquat Cap

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The one thing that you do not want is a Chinese company as part of the JV/Dathcom.

Regards,

SilentOne
Tell that to CATH
20210707_132153.jpg
 
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SilentOne

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Hudnut

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Frank

Top 20
Just at minor point, the circumference at the equator is about 40,000 km, where do these fucking idiots intend to drive to?
Does Jean-Michel Sama Lukonde really understand what he is talking about?
Why am I not surprised that the DRC was standing still under the leadership of this absolute idiot.
*Speaking of this "Liar Liar Pants on Fire" standing still Snake in the Grass Government Minister,

Sama Lukonde government: soon a cascade of resignations

The Sama Lukonde government will soon have to empty itself of its members.


Several ministers elected as deputies are forced to resign from the central executive to keep their seats in the National Assembly.

The tone was set on Monday February 12 during the plenary of the National Assembly on the validation of powers.

The president of the lower house, Christophe Mboso N'kodia, is categorical: there will be no ministerial deputies.

Well, among the first people to leave the government, there is undoubtedly Prime Minister Jean-Michel Sama Lukonde, called to lead by example.

The interim prime minister will visibly be assumed by the deputy prime minister in charge of National Defense, Jean-Pierre Bemba Gombo.

Peter Kazadi of the Interior, JP Lihau of the Civil Service, Ève Bazaiba of the Environment, Patrick Muyaya of the Media, Vital Kamerhe of the Economy... have 8 days maximum to leave the government.

Those who stay after 8 days will accumulate portfolios, like in 2018 when Lisanga Bonganga found himself with more than four ministries to manage to fill the void.

This will last as long as it takes the informant Augustin Kabuya to detect the majority in the National Assembly, which will allow the head of state Félix Tshisekedi to form the new government.

According to legal provisions, Augustin Kabuya has at most two months, one month renewable only once, to present the conclusions to the President of the Republic.


mediacongo


liar-liar-pants-on-fire.jpg
 
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Winenut

Go AVZ!
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Frank

Top 20
*To Remind,

“The Constitutional Court examines the fate of national deputies in the DRC: a decisive turning point for the political future of the country”


National deputies in the Democratic Republic of Congo: the fate of their votes in the hands of the Constitutional Court

The Democratic Republic of Congo (DRC) is currently in a pivotal period in its political history.


The Constitutional Court, the body responsible for resolving electoral disputes, convened a hearing this Monday to examine the cases of national deputies whose votes had been canceled by the Independent National Electoral Commission (Céni) last December.

In a press release published on its official account, the Constitutional Court announced the holding of this public hearing which will take place at 11:30 a.m. in the Marcel Lihau room of the Court of Cassation. In total, 64 cases will be examined during this hearing.

It is important to remember that the Ceni had already published the provisional results of the national legislative elections on January 14.

According to these results, the number of voters stood at 17,976,051, and 477 national deputies were elected to sit in the Lower House of the Congolese Parliament, including 65 women.

Among the most notable elected deputies, we can cite Carole Agito (Bas-Uele), Jean-Marie Mangombe (Equateur), Adrien Bokele (Kasaï Central), Véronique Lumanu (Lomami), Edmond Mbaz (Lualaba), Matata Ponyo (Maniema ), Aimé Molendo (Mongala), She Okitundu (Sankuru) and Emmanuel Mukundu (Tanganyika).

However, it should be noted that 82 deputy candidates had been invalidated by the Ceni for reasons such as electoral fraud, vandalism against electoral agents or even the fraudulent possession of electronic voting devices.

These candidates were also prohibited from leaving the national territory by the Court of Cassation.

Once the electoral disputes have been resolved, the Constitutional Court will publish the final results of the national legislative elections in the DRC.

This step will be crucial for the formation of the Congolese Parliament and will lay the foundations for a new government.

It is undeniable that the outcome of this hearing by the Constitutional Court will have major repercussions on the future of the DRC.

The decisions taken regarding the canceled votes will have a direct impact on the composition and functioning of the National Assembly, as well as on future policies.

It is therefore appropriate to closely monitor developments in these cases, as they will shape the path that the DRC will take in the coming years.

Holding a public hearing shows the authorities’ desire to ensure the transparency and legitimacy of the electoral process, thus guaranteeing a democratic future for the Congolese people.



Legislative disputes: judgments of the Constitutional Court expected before March 23


The Constitutional Court sitting on Monday February 12, 2024, in the matter of contesting the results of the national legislative elections, promised to deliver its judgments before March 23, 2024 on the 81 applications introduced in relation to the elections organized in December in the Democratic Republic of Congo ( DRC).

“The debates are closed. The causes are taken under advisement. The Court's judgments will be delivered before March 23, 2024,” declared Dieudonné Kamuleta, President of the High Court.

For his part, the Attorney General at the Constitutional Court requested that the Court declare itself competent, declare certain requests “admissible, but unfounded”, and others “inadmissible”.


Previously, the Constitutional Court had declared inadmissible last Thursday, in its judgments, 35 files out of the 68 requests submitted.

Two cases were dismissed due to withdrawal of parties and 24 cases were declared unfounded during this same hearing.

81 national deputy candidates had been invalidated for electoral fraud, vandalism and possession of electronic voting devices (DEV) by the Independent National Electoral Commission (Céni).

Among the invalids whose appeals had been rejected by the Constitutional Court, Nsingi Pululu, Governor Gentiny Ngobila Mbaka and Tatiana Pembe Luemba were notably cited.

477 national deputies, including 65 women, were provisionally proclaimed by the Independent National Electoral Commission (Céni).

“The votes validly cast for this ballot amount to 17,976,051,” announced the Céni rapporteur.

Furthermore, among the best elected officials, were cited: Carole Agito (Bas-Uélé), Jean-Marie Mangombe (Equateur), Adrien Bokele (Kasaï Central), Véronique Lumanu (Lomami), Edmond Mbaz (Lualaba), Matata Ponyo ( Maniema), Aimé Molendo (Mongala), She Okitundu (Sankuru), Emmanuel Mukundu (Tanganyika).

mediacongo
 
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Cumquat Cap

Regular
Awfully quiet at the moment
 
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Mute22

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