AVZ Discussion 2022

[Xerof]

Fyi, fwiw, Probably @ 0.02c on the Crapper, maybe a bit more here if i'm lucky, as

DRC government to redouble its efforts to improve the business and investment climate​

In his communication during the 55th meeting of the Council of Ministers, the Head of State Félix Tshisekedi returned to the need to constantly support the impetus to improve the business and investment climate in the Democratic Republic of Congo.

By making the improvement of the business climate a pillar of the government program, the minutes of the meeting recall, the President of the Republic recalled that he had at heart the firm hope that the executive should give all attention that this issue deserves to enable the country to attract investors and capital.

With the digital table for monitoring and evaluating reforms, the President of the Republic ensures the daily monitoring of the execution of tasks by the 16 reforming ministers.

“While reserving the specific assessment of each ministry concerned, a forthcoming meeting relating thereto.

He invited the reforming ministers and the other members of the government to redouble their efforts to do better in this area, especially in the perfect control and supervision of their respective administrations, some actors of which are proving to be major obstacles to the implementation of the reforms” specifies the minutes of the meeting made Friday, May 27, 2022.

Since his accession to the supreme magistracy, the Head of State Félix Tshisekedi has always campaigned for the improvement of the business climate in the DRC.

To achieve this, he even created a business climate unit within his cabinet.

At the end of 2021, the Business Climate Unit had proposed a digital tool for monitoring and evaluating reforms and assignments within the public administration.

The same year was marked by the activism of the President of the Republic, Félix-Antoine Tshisekedi, in favor of improving the business climate.

Head of State Félix Tshisekedi has made it one of the key issues of his mandate as the supreme magistracy in order to mobilize national and foreign investments to improve the living conditions of the populations.

Following the partnership with the Tony Blair Institute, the Business Climate Unit (CCA) mobilized and made available a Tech Policy Advisor to achieve the aforementioned common objective.

The latter, in collaboration with the CCA staff, configured the structure of an innovative software and subsequently integrated the assignments and reforms related to the business climate in such a way that in real time it is possible to monitor the progress of the implementation of the said assignments and reforms by each reforming ministry.

May 29, 2022 arnbethnic


View attachment 8100

*To Remind,​

DRC President Felix Tshisekedi orders mining licences audit​

Congolese leader says measure is aimed at combatting fraud within the lucrative sector.

View attachment 8101

Felix Tshisekedi, president of the Democratic Republic of the Congo, has demanded a ban on issuing and trading mining permits until the country’s mining registry has been audited, a measure aimed at combatting fraud within the sector.

Tshisekedi told ministers he wanted to end the squandering of mining assets by unnamed political actors and officials involved in the administration of the mining register, which records mining concessions, according to minutes of the meeting seen by Reuters news agency on Saturday.

“This recommended clean-up will increase the contribution of the mining sector to the state’s budget and help, as a priority, the people benefit from the mineral wealth of our country,” Tshisekedi told ministers.

The move is an escalation of Tshisekedi’s continuing review of deals struck by his predecessor Joseph Kabila, which includes a $6bn “infrastructure-for-minerals” deal with Chinese investors.

The DRC is the world’s top producer of cobalt and Africa’s biggest copper producer, but more than 70 percent of its roughly 100 million people live on less than $1.90 per day, according to the World Bank.

Transparency activists have estimated the DRC has lost out on billions of dollars of revenue from mining deals over the past two decades.

Tshisekedi gained the presidency through a power-sharing settlement with Kabila, following the disputed 2018 election, but he has gradually taken almost all the levers of government, political analysts say, and been increasingly outspoken about Kabila’s mining deals.

Mining companies who fail to comply with their administrative and social obligations should have their licences revoked, Tshisekedi told Mining Minister Antoinette N’Samba.

He asked N’Samba to identify mining companies where the state had not gained 10 percent of shares when the permit flipped from exploration to exploitation, as required by the mining code.

www.aljazeera.com


View attachment 8104


View attachment 8107

Food for thought on the Road to Manono

Fingers Crossed for Felix

Frank

That’s worth $1.50 Frank

 

[Rediah]

Fyi, fwiw, Probably @ 0.02c on the Crapper, maybe a bit more here if i'm lucky, as

DRC government to redouble its efforts to improve the business and investment climate​

In his communication during the 55th meeting of the Council of Ministers, the Head of State Félix Tshisekedi returned to the need to constantly support the impetus to improve the business and investment climate in the Democratic Republic of Congo.

By making the improvement of the business climate a pillar of the government program, the minutes of the meeting recall, the President of the Republic recalled that he had at heart the firm hope that the executive should give all attention that this issue deserves to enable the country to attract investors and capital.

With the digital table for monitoring and evaluating reforms, the President of the Republic ensures the daily monitoring of the execution of tasks by the 16 reforming ministers.

“While reserving the specific assessment of each ministry concerned, a forthcoming meeting relating thereto.

He invited the reforming ministers and the other members of the government to redouble their efforts to do better in this area, especially in the perfect control and supervision of their respective administrations, some actors of which are proving to be major obstacles to the implementation of the reforms” specifies the minutes of the meeting made Friday, May 27, 2022.

Since his accession to the supreme magistracy, the Head of State Félix Tshisekedi has always campaigned for the improvement of the business climate in the DRC.

To achieve this, he even created a business climate unit within his cabinet.

At the end of 2021, the Business Climate Unit had proposed a digital tool for monitoring and evaluating reforms and assignments within the public administration.

The same year was marked by the activism of the President of the Republic, Félix-Antoine Tshisekedi, in favor of improving the business climate.

Head of State Félix Tshisekedi has made it one of the key issues of his mandate as the supreme magistracy in order to mobilize national and foreign investments to improve the living conditions of the populations.

Following the partnership with the Tony Blair Institute, the Business Climate Unit (CCA) mobilized and made available a Tech Policy Advisor to achieve the aforementioned common objective.

The latter, in collaboration with the CCA staff, configured the structure of an innovative software and subsequently integrated the assignments and reforms related to the business climate in such a way that in real time it is possible to monitor the progress of the implementation of the said assignments and reforms by each reforming ministry.

May 29, 2022 arnbethnic


View attachment 8100

*To Remind,​

DRC President Felix Tshisekedi orders mining licences audit​

Congolese leader says measure is aimed at combatting fraud within the lucrative sector.

View attachment 8101

Felix Tshisekedi, president of the Democratic Republic of the Congo, has demanded a ban on issuing and trading mining permits until the country’s mining registry has been audited, a measure aimed at combatting fraud within the sector.

Tshisekedi told ministers he wanted to end the squandering of mining assets by unnamed political actors and officials involved in the administration of the mining register, which records mining concessions, according to minutes of the meeting seen by Reuters news agency on Saturday.

“This recommended clean-up will increase the contribution of the mining sector to the state’s budget and help, as a priority, the people benefit from the mineral wealth of our country,” Tshisekedi told ministers.

The move is an escalation of Tshisekedi’s continuing review of deals struck by his predecessor Joseph Kabila, which includes a $6bn “infrastructure-for-minerals” deal with Chinese investors.

The DRC is the world’s top producer of cobalt and Africa’s biggest copper producer, but more than 70 percent of its roughly 100 million people live on less than $1.90 per day, according to the World Bank.

Transparency activists have estimated the DRC has lost out on billions of dollars of revenue from mining deals over the past two decades.

Tshisekedi gained the presidency through a power-sharing settlement with Kabila, following the disputed 2018 election, but he has gradually taken almost all the levers of government, political analysts say, and been increasingly outspoken about Kabila’s mining deals.

Mining companies who fail to comply with their administrative and social obligations should have their licences revoked, Tshisekedi told Mining Minister Antoinette N’Samba.

He asked N’Samba to identify mining companies where the state had not gained 10 percent of shares when the permit flipped from exploration to exploitation, as required by the mining code.

www.aljazeera.com


View attachment 8104


View attachment 8107

Food for thought on the Road to Manono

Fingers Crossed for Felix

Frank

I read that as

DRC government to "reduce" its efforts ....

Such is my inner pessimist ​

 

[Sparrowhawk12]

In case its not been posted already?

IEA - Global EV Outlook 2022​

Global EV Outlook 2022 – Analysis - IEA

Global EV Outlook 2022 - Analysis and key findings. A report by the International Energy Agency.

www.iea.org

 

[Samus]

 

[Lichione]

Is this the same guy?

 

[DoubleA]

View attachment 8121
You can almost smell these pricks I swear mods just let it all happen now…

See the positive last paragraph… Ahhh please this ain’t first rodeo with clown like this..

He had me at 66% and he’s negative start, who would believe such a 1 post muppet ??? Getting likes somehow….

If I could shut him down on HC I would but I’m still in the naughty corner for a bit.

Feel free anyone

GLTAH

With respect, are you sure you have not missed the point of that post?

 

[wombat74]

This whole BS about AVZ's fraudulent valuation for 15% because of it's dominating position within Dathcom is so absurd it's laughable . I mean is that the best these desperados can come up with . Oh, but it's ok for the Chinese to illegally acquire a 15% stake in Comminere for about a $150 million discount ??????? Are these morons for real ???

 

[Samus]

This whole BS about AVZ's fraudulent valuation for 15% because of it's dominating position within Dathcom is so absurd it's laughable . I mean is that the best these desperados can come up with . Oh, but it's ok for the Chinese to illegally acquire a 15% stake in Comminere for about a $150 million discount ??????? Are these morons for real ???

It's an embarrassment to their legal system really, blatant corruption at the expense of the actual law. Both of the matters in question.
How any of it got through any 'court' is stupefying.

 

[Samus]

Let's hope so @ohreally !

 

[wombat74]

Let's hope so @ohreally !

The only way AVZ lose this is if the current DRC government/ President / M of Mines are corrupt to the eyeballs .

 

[DoubleA]

oh great the arseclown is back just before the 1st, who would of thought, and yeah as I've brought up here many times, tantalex have tailings rights in the area, but now Franck says that's sold too, and it's not on the portal, even though I've read about 10 articles in the last few months stating tantalex/Klaus have the rights, either way now it's another pls explain..."permit expired and its on top of our land that we are paying surface rights for and now we're told its sold as well"....seriously wtf is going here lol, and now also AJN/Klaus are in the area and so to is one of Zijin's new PR's while they try to rape our 15% and Cong coming in from the rear too. Cong, Zijin and Klaus think that they own whatever the fuk they want to own and they clearly have connections in most departments that matter.

ffs every single government departement in the DRC could not be more of a disorganised pack of useless shit talkers if they tried, don't get me wrong it's clear Felix and a few others are trying to fix 'some' things but look what they're up against, it's apparent to me that Felix's way of helping is to sell the DRC to foreign investors beyond China and just hope they muscle out the Chinese and justice prevails, but instead all he's creating is a shitstorm or legal proceedings that thus far have been judged by a corrupt court system and ruled against the foreign investors he's tried to bring in, unfortunately it's not working but I give full credit to Felix and Co. for being better than all their opposition.

Felix you need to stop selling to the world and just concentrate on cleaning up the corruption, clearly easier said than done. But come on, 'Oh battery hub, let's have another 20 conferences and instigate talks with another 20 countries and 20 foreign companies who will get raped in the DRC too because the entire system is in support of Chinese brown paper bags. START ISSUING SOME PRESIDENTIAL DECREES, or watch your country and your presidency go down the dunny.

Nige $2 takeover, sell it off mate, let the seagulls devour themselves over there, fuk me. Seriously not joking, if we stay suspended after the 1st, then unless a resolution is actually imminent(not AVZ imminent) then sell it off. I'll even take $1.70-$1.80 and sit back and watch the shitshow unfold with my money in my pocket. Is it worth more? hell yes, but who's gonna sort this shit out in a few weeks??? hope I'm wrong, but hmmmm

Good work on flying the AVZ flag on twitter mate. I do think we have to be really careful calling the DRC Government incompetent though, especially if it is obvious it comes from AVZ holders. We don't want to offend the DRC people. Hopefully with mining journalists like Franck being involved there will be more awareness as to how much better off the DRC people would be with AVZ as opposed to China/Zijin.

I do agree though, the lack of action is extremely frustrating.

 

[Samus]

Good work on flying the AVZ flag on twitter mate. I do think we have to be really careful calling the DRC Government incompetent though, especially if it is obvious it comes from AVZ holders. We don't want to offend the DRC people. Hopefully with mining journalists like Franck being involved there will be more awareness as to how much better off the DRC people would be with AVZ as opposed to China/Zijin.

I do agree though, the lack of action is extremely frustrating.

Perhaps at the same time these DRC politicians need to be aware that the foreign investors they are trying to attract are watching with interest and looking forward to seeing the full force of the law against the illegal and corrupt practices that are of full display here. Good for them to know they're not operating in some DRC bubble and are fully on display to the world.

Half of this stuff you wouldn't get away with in a year 9 legal studies court case mock up.

 

[BRICK]

oh great the arseclown is back just before the 1st, who would of thought, and yeah as I've brought up here many times, tantalex have tailings rights in the area, but now Franck says that's sold too, and it's not on the portal, even though I've read about 10 articles in the last few months stating tantalex/Klaus have the rights, either way now it's another pls explain..."permit expired and its on top of our land that we are paying surface rights for and now we're told its sold as well"....seriously wtf is going here lol, and now also AJN/Klaus are in the area and so to is one of Zijin's new PR's while they try to rape our 15% and Cong coming in from the rear too. Cong, Zijin and Klaus think that they own whatever the fuk they want to own and they clearly have connections in most departments that matter.

ffs every single government departement in the DRC could not be more of a disorganised pack of useless shit talkers if they tried, don't get me wrong it's clear Felix and a few others are trying to fix 'some' things but look what they're up against, it's apparent to me that Felix's way of helping is to sell the DRC to foreign investors beyond China and just hope they muscle out the Chinese and justice prevails, but instead all he's creating is a shitstorm or legal proceedings that thus far have been judged by a corrupt court system and ruled against the foreign investors he's tried to bring in, unfortunately it's not working but I give full credit to Felix and Co. for being better than all their opposition.

Felix you need to stop selling to the world and just concentrate on cleaning up the corruption, clearly easier said than done. But come on, 'Oh battery hub, let's have another 20 conferences and instigate talks with another 20 countries and 20 foreign companies who will get raped in the DRC too because the entire system is in support of Chinese brown paper bags. START ISSUING SOME PRESIDENTIAL DECREES, or watch your country and your presidency go down the dunny.

Nige $2 takeover, sell it off mate, let the seagulls devour themselves over there, fuk me. Seriously not joking, if we stay suspended after the 1st, then unless a resolution is actually imminent(not AVZ imminent) then sell it off. I'll even take $1.70-$1.80 and sit back and watch the shitshow unfold with my money in my pocket. Is it worth more? hell yes, but who's gonna sort this shit out in a few weeks??? hope I'm wrong, but hmmmm

Getting to the pointy end now.

 

[John25]

I don't think they're corrupt but they're walking a tight rope, one I'd never want to walk, unless I had a death wish, because I'd bring down the hammer swiftly

The problem is not so much losing as it is how long this will take to clean up properly. We could potentially be suspended until at least late this year if the progress remains at this speed, or come out of suspension prior to that with a management assurance that we are all good, which won't be good for the SP while all this shit continues in the background. All I can say is I hope I'm wrong and there's some bloody serious talks going on behind closed doors, and if there's not AVZ management right now would be thinking fuk a duk wth are we going to tell our shareholders for the next 3-9months(a guess) while this cesspool of fecal matter is hopefully sorted.

Two letters Nige: T O ...if you can get us at least $1.70

CATH we don't have your 24% but for circa $6-7b you can have majority ownership eg. everything we've got, and not even we are sure what % that is, go sort it out with ya mates, whom I'm sure you've been speaking to anyway

but yeah 15% just sold for $33m so at 75% best case AVZ is worth $165m(4.5cents) TO to these Chinese frauds?, fuk off, these same frauds have paid $1-3b TO's for resources not even 1/4 of Manono's potential....what an absolute shitshow, even the $240m for 24% is bs considering they haven't paid it....I'd dead set rather pay them the $20m and then turn around and say you can have ya 24% ONLY if you pay for a 10mtpa mine yourself straight out(and 24% of everything thereafter), otherwise eff off, cos we dont trust you either, and we'll do a CR or get other finance for the mine etc and ditch as many Chinamen as we can......orrrrr you can have your 24% for $240m if you go fight ya chinese dogs(Cong, Zijin, and Klaus) off and get them to withdraw their claims for any % and tailings on our ground...how's that sound cathy baby? yes? ok great, no? ok go hurry up and build the battery hub so we can feed it, in the mean time we'll go take some offtake offerings after PLS's latest auction compared to the price you offered us long ago while ya kept ya $240m in ya pocket, trying to hold all the cards.

How'd we get here? oh yeah, frauds paying money to the frauds and thus far not a single word from the government....they better bloody be doing something behind those closed doors

Whats happened in the last 3 weeks thats turned to shit ,everything was fine & chummy ..Xmas champagne on ice with corks to pop according to Nige ..A new ATH then “POW” Halt followed by suspension ..Where’s our fearless leader ,had plenty of time to talk about Worlds best/largest deposite but tomorrow we need to come out of suspension .You can’t tell me this shit wasnt going down whilst we were trading .The DRC government are all over travelling ,photo shoots talking it up on the world stage ,shaking hands with X,Y & Z but get things sorted …Im with you TO @ $1.50+ & Get the fuck out of there …

 

[tonster66]

give (someone) enough rope​

If you give someone the opportunity to do something wrong or detrimental to themselves, they will usually do it; one does not need to interfere to bring about someone's downfall. The full version is "Give one enough rope, and one will hang oneself."

This is the stance that I believe the DRC government and AVZ have taken throughout this scenario. How much easier is it now to get rid of Jijin.

 

[John25]

Ok ok ok …Have had my early 4.50am vent ..feeling a bit better now ive had coffee …enjoy your day …

 

[Ozthescot]

So anyone for a bet there will be some shit short article out before kick off tomorrow?!

I'm willing to bet there will be some sort of attempt!

 

[BRICK]

So anyone for a bet there will be some shit short article out before kick off tomorrow?!

I'm willing to bet there will be some sort of attempt!

Im 65% there will be another extension and 45% i hope the fuck we smash it out of the park.

 

[DiscoDanNZ]

So anyone for a bet there will be some shit short article out before kick off tomorrow?!

I'm willing to bet there will be some sort of attempt!

With all the obvious trademarks that take 10 seconds for a regular holder to see through but the hot crapper trolls lap it up as gospel.

 

[TDITD]

So anyone for a bet there will be some shit short article out before kick off tomorrow?!

I'm willing to bet there will be some sort of attempt!

Yea been wondering if they have learnt from last time, maybe they will release something once we are out ?