
Congo copper mine suspended amid radiation concerns
The La Compagnie Minière de Musonoie project, known as COMMUS, is held 72% by Zijin and 28% by Gecamines.

At it again
Is this for real? Any link to source?Add to that mate the new ministry has been announced -
No Sama Lukonde
No Adele Kayinda
No Antoinette N’samba
No Guy Loando
All Gone
Thanks, Rattlerock. Your open mind gives me a sliver of hope that other AVZ shareholders will also start asking if the narrative offered by Nigel Ferguson is true.
AVZ shareholders need only consider four or five questions, which led me to come to the conclusion that Nigel has his own self-serving agenda, which is diametrically opposed to the interests of AVZ Shareholders.
If AVZ have an ICSID claim that has a high probability of success why has Locke not signed a funding agreement yet?
If AVZ really has the potential for a significant financial windfall, why is the company months away being insolvent with no viable financiers in sight?
[some shareholders will refute the suggestion insolvency is imminent but the numbers dont lie. AVZ's recent Half Year Report revealed that AVZ spent around $6m on legal fees and litigation related expenses in the second half of last year. AVZ are currently involved in more legal disputes now than at the start of the second half of last year. On the 31st of December, AVZ had just $6.2 million in cash less. Assuming the same burn rate as the recent HY, AVZ will be insolvent before the 30th June]
Is it a coincidence that the MOU never eventuated, and that Locke funding is just a few diligence questions away, and that these excuses have allowed Nigel to stay at the helm and steer the company toward being delisted, at which point Nigel need never answer these question
Last week he was saying we didn’t pay lawyer fees, this week he saying we paying millions. What will next week bring?
Where has this been announced? I haven't seen anything official released on the formation of governmentAdd to that mate the new ministry has been announced -
No Sama Lukonde
No Adele Kayinda
No Antoinette N’samba
No Guy Loando
All Gone
a real knob jocky
Hey Dave, is it worth opening a thread on these assholes on the crapper who are accusing Nigel of deliberately sending AVZ into delisting? Don't want to upset your filing system!
Where has this been announced? I haven't seen anything official released on the formation of government
Daz you can start any thread you want (that’s what I did) and it won’t bother me, I do it to store information. As far as the crapper, I haven’t looked at that cesspit in years.
Roon, my apologies to you and everyone else if the list of ministers I saw isn’t right. It’s not official from the government so it’s still a case of wait and see. Sama Lukonde and Guy Loando are members of various parties but it doesn’t mean they will get ministerial positions, the other two duds mentioned I haven’t seen listed in parties but I stopped looking through that list months ago because from memory there was about 300 representatives in it.
The list I saw came from the source in the link below, who is familiar with AVZ’s plight but he also stated it wasn’t official. I hate to post stuff that’s not fact so if those four ministers are still in the ministry I’ll delete that post and disappear back into my own threads.
Carrotdick recently contacted Nigel to try and make some sort of deal and after Nigel ignored him, Dudbrook and Shane Eastw… (who owes the ATO a tax bill he’s been unable to pay off for his capital gains made on AVZ before buying back more at a higher price) aka Der Geist and his other new aliases have ramped up their bullshit against Nigel, so I suspect the new ministers could be officially announced soon and the stooges back room dealings with Cong and the corrupt ministers could be falling apart. That’s the view I’m taking
Here’s the bloke who posted the unofficial list of ministers
I'm very much enjoying seeing the spread of the latest Lisette / Cominiere/ Zijin corruption stories online. If that gains more traction it'll be in the key DRC news outlets soon, and hopefully shine a spotlight again on the whole mess.In the early days I questioned the coverage and hence the value of the campaign against avz detractors on social media, I felt we had very little support from the wider DRC press and population. However this latest set of allegations seems to be getting a lot of coverage from influencers with large followings, feels like maybe the noose is finally tightening on commiere and others. One can only hope but surely the government must finally take action. Early days still and no happy ending (will there ever be one?) but I think the BOD and Nigel must be applauded for their tenacity and persistence in playing the long game. I'm looking forward to the coming days and weeks to see what transpires out of this $70m scandal, hopefully it moves the needle for AVZ shareholders and the people of the drc.
Not sure why, just a hunch I suppose, but I'm not worried about funding, somehow I just think nigel will have it sorted such that we'll still be going as long as it takes.
News is certainly spreading like wildfire on X, keep up the momentum.
Shorts and MMGA seem truly desperate to proliferate their narratives which means they’re struggling to gain traction in any tactics to kill avz.
Board has done a good job and next Ann’s should be good, I’m not worried about finances also from what I’ve heard
Add to that mate the new ministry has been announced -
No Sama Lukonde
No Adele Kayinda
No Antoinette N’samba
No Guy Loando
All Gone
Nice to see the chat on X about the corruption is dominated by Congolese. Some of them sound like they have had an absolute gut full of being ripped off. Haven't heard from Comminiere for a while. They would be absolutely sh#tting themselves at this point.News is certainly spreading like wildfire on X, keep up the momentum.
Shorts and MMGA seem truly desperate to proliferate their narratives which means they’re struggling to gain traction in any tactics to kill avz.
Board has done a good job and next Ann’s should be good, I’m not worried about finances also from what I’ve heard