Scoota30
Regular
Probably took more effort to write that post than it would to follow the ICSID interim order and update the CAMI portal. Always lots of words but no action to be seen, still waiting...
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Cumquat Cap
Regular
$1B withheld aid package might pique one of those dumb greedy fucks attention
People keep saying that, but it assumes they GAF.
As long as their personal pockets are lined, the rest of the country can continue to suffer.
Cumquat Cap
Regular
Yeah I feel ya, who knows sadly
Samus
Top 20
I'd say DRC officials could'nt give a fuck about anything other than their own personal gains and they could'nt give a fuck about what it costs their own image, people or country either. Ths is the norm for these criminals.
We've yet to see anything that proves otherwise, hopefully ICSID and the threat of losing billions that they can steal puts the squeeze on them...
Pity it takes so fucking long.
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Why?... this is to protect an asset critical to the western World. I don't know what the criteria is for access to these funds, but if this fiasco has the profile that is alleged on the world stage, then a $4b critical minerals warchest surely could fund a $20m litigation fund.
Pro tip, Google their website. To know the criteria.
It would be an interesting exercise to work out the opportunity cost to the Australian government in capital gains tax if the Chinese were to steal Manono. Would have to be close to a billion dollars at current price and much more at the all time high. $20 million is just a few cabbage leaves in comparison to the potential gains for the ATO!!
Azzler
Top 20
That's a really fucking good point, I hadn't even considered how huge it would be in tax revenue.
Azzler
Top 20
However, I'm fairly confident funding is already sorted, with multiple options.
Agreed and admire your confidence. Well if the funding is sorted maybe the government can contribute with some visible, impactful diplomatic support for their potential hundreds of millions in tax revenue.
Did anyone get a response back from 60 minutes, 4 corners or Pauline Hanson etc.. I have emailed many of the media organisations and heard crickets. Baffling!
Azzler
Top 20
I got a response back from my mate I texted about the situation.
He said, "Maaaaaaaate that's a bunch of fucking bullshit hey."
I sent my mate the matt birney article and he couldn't make sense of it. The guy is a data scientist too, smart guy.
Looks like the normal person who hasn't heard of AVZ may not understand what's gone on even in a well written article. Maybe why news outlets haven't touched it??
CGT is the tip of the iceberg.
The tax revenue from AVZ is in sales mode would be a significant boost to Australia.
Mate, unfortunately the federal government is risk averse to the extreme when assessing the merits of a proposal. Key criteria (amongst many) are financial risk, value for tax-payers' money and the potential for reputational damage.
Unfortunately, despite its overwhelming size and quality of its assets, AVZ does not get past first base.
Cheers
F
It is in the DNA of those that are in a position to receive and accept bribes/ corruption but accepted by those that aren't.
Thankfully we have some DRC locals who are pushing back on this but l feel it is like pushing waves back into the ocean.
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John25
Regular
No way in the wide World would our soft cock “Pretty Boy” PM do anything to upset his Chinese buddy Xi …wouldn't even shirt front him over the Chinese sonar attack on our Navy Divers …just skip Australian Government support
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