Beat me to it ,
Beat me to it ,
Buyout coming unless DRC want the worlds largest lithium mine to remain in the ground whilst they are the 4th poorest country on earth. I don’t think we mine either and sadly don’t want to, place is a fucking shitshow.
A world power can buy us out or we can sit on it and Pursue ICSID/icc charges with a vengeance.
Are you saying that once a company is delisted, it becomes impossible to keep any of their operations a secret?Question , as I see it there is no law on somebody saying something about a company's, activities , company announcements etc on a delisted company so I would think if anything was going on in the background we might have heard something by now once a 2nd person knows it no longer a secret , not even word on funding , just saying
Well that's true to a point Hemi,
because as we have seen a few times now, the fuckwits () watch this forum like hawks looking to cherry pick and attack at any opportunity. I'm not interested in playing into their hands, to the ultimate detriment of us SHs. We have an investment here no point talking it down, it certainly wont help sell it nor negotiate the best outcome. But it can help the detractors in showing them a sentiment they can try and leverage.
It's a pretty much nailed on certainty to say everyone is over this, frustrated, and pissed off at the corruption that's blocked every single poster here as well as the grand total of 20,000 AVZ SHs, that's crazy. The shit thats happened in the last two years is ridiculous and worthy of a Netflix film. The opportunity cost lost alone is huge.
It still matters mate, end of the day if they are complete cunts then ICSID comes in and gives them the pineapple treatment we have endured, an by fuck it'll hurt them. I know it'll take forever, I know it'll be a real pain in the arse to get the $$ off them, but it WILL happen. The ball is in their court, negotiate in good faith or go bankrupt via ICSID.
Alternatively, if they got this mine up, these corrupt tits could then syphon off all that juicy tax money and also their share of profits in their holding percentage. But instead, a few simpletons hold this up for two years and in effect for literal peanuts in comparison to the possible $$ flow.
Slow clap boys, slow clap.
Establishment of the government: the strong message from Tshisekedi facing the leaders of the Sacred Union!
View attachment 64407
He no longer pampers them as he did during the first term.
Félix Tshisekedi used his signature to erase the “wrens” who thought they were competing for power with him.
In the Suminwa government, the president prioritized his own pawns, the rest hardly interested him anymore.
Fatshi already knew he was the winner in this battle against crooked Congolese politicians ready to bend ten thousand bows to obtain a position.
Despite the storm, nothing will change in the sense of reviewing his order, warns a member of the leader's inner circle.
His decision remains and will remain upheld.
Tshisekedi before the 2023 elections is not the Tshisekedi who won the presidential election.
The man has clearly metamorphosed.
He dictates the course of action for his political family.
Fatshi refuses to give in to blackmail and establishes himself as the only leader of his camp to make the final decisions without consulting his so-called political partners.
In the last days of consultations, the head of state showed his claws.
He allocated most of the portfolios to his party.
The other forces and their leaders are content with only small fry.
Overwhelmingly, the UDPS-Tshisekedi and its mosaics won 21 departments against 6 for the platform of Jean-Michel Sama Lukonde, the now ex-Prime Minister, and 3 for the UNC-A of Vital Kamerhe, the new president of the National Assembly and 2 for the AFDC-A of Modeste Bahati.
The presidential party made its 185 elected officials prevail over the 450 deputies who are members of the majority to grab the big loot.
The ACP-A of the former Kin government, Gentiny Ngobila, did not obtain any portfolio. However, it has a dozen national deputies.
A sign that mathematical calculation no longer influences the political options of the leader. Quite a symbol.
Tshisekedi's strong message
Now with his stick in hand, the President of the Republic whistles a sort of end of recess.
Those who thought they were untouchable are hit.
Even the virulent Jean-Pierre Bemba was transferred from Defense to Transport without flinching.
Bahati, unhappy with the sharing of responsibilities, was conspicuous by his absence at the last meeting of the presidium.
Two second-hand portfolios were assigned to him, namely Vocational Training as well as Labor and Employment emptied of its true substance, namely social welfare which includes the CNSS and the INPP, two big penny boxes now attached to the Ministry of health.
Kamerhe only received a “full” minister (Hydrocarbons), the other (Urban Planning) is only a simple delegate.
On the other hand, Tshisekedi considers himself relieved for having given pride of place to technocrats.
11 personalities with no clear political affiliation found key roles within the Suminwa government.
They are the VPM of the Economy Mukoko Samba, the Minister of Finance Doudou Fwamba Likunde Likombio, the Minister of Industry Louis Kabamba Watum, the Minister of Mines Kizito Pakabomba Kapinga, the Minister of Health Samuel Roger Kamba Mulamba, of the Minister of Gender Léonie Kandolo, the Minister of Tourism Didier Mpambia Musanga, of Agriculture Grégoire Mutshail Mutomb, of Foreign Affairs Thérèse Kayiwamba Wagner, of Hydraulic Resources and Electricity Teddy Luamba Muba and finally of the ESU Safi Somba Ayane.
The president is gradually distancing himself from political actors who have tarnished the image of the regime because of the widespread misappropriation of public funds.
Stuck, the banished praise the head of state
Tshisekedi removed many leaders of political groups from the executive.
Christophe Lutundula, Adèle Kahinda, Pius Muabilu…, the list is long.
He didn't explain his choices to anyone.
Most of the leavers discovered their ostracism like everyone else on TV.
Faced with this harsh reality, the moral authorities could only bow.
They swallowed their pride and dealt with their disappointment.
The group leaders simply capitulated to the big Tshisekedi machine.
Because if he failed to flatten himself, anyone who dared to raise his head would have been crushed.
The elected officials lectured
USN elected officials threaten not to invest in the Suminwa government if corrections are not made to the copy deemed unbalanced and unrepresentative of the Suminwa executive.
A damp squib. However, they know full well that the head of state will never reverse his decision.
Tshisekedi is not used to discarding. He remains firm and does not move one iota from his starting positions.
Even if Kabuya, as a good politician, shows a glimmer of hope for the appointments of the frustrated in public companies, Tshisekedi moves forward and takes responsibility.
He alone will be accountable to the population at the end of his term.
The options already exercised, the protesters just have to line up.
Moreover, he had warned the elected officials during their last exchange that he would dissolve the Lower House if the blackmail returns as in the past legislature.
mediacongo
Yes but you make the statement like it's fact and not opinion.
If you're commenting from the sidelines without diving deeper to find out as much as you can what's going on, it's completely ignorant.
I don't mean to cause offence but why make these observations when you wouldn't have a clue what's going on in the background. It's completely ignorant conclusions.
I very much disagree with the conclusions you're making.
Oh no I don't believe AVZ will be developing Manono. I'm not sure anyone is still holding on to that dream.It's always good to have a variety of opinions and views on any subject. Group-think sucks.
At the same time we need the ability to read the room and draw some conclusions on where things are likely to go based on precidence and the available evidence.
The evidence to date, including AVZ announcements point to:
(1) potentially further arbitral wins, (2) ongoing lack of action by the DRC government in addressing endemic corruption and (3) a negotiated settlement in order that AVZ can extract value for its shareholders.
Regardless of arbitral outcomes, the DRC hierarchy, Cominiere, CAMI, Zijin and even CATL will most likely continue to roadblock and frustrate AVZ in order that it cannot make any meaningful progress at Manono.
Zijin, (inconjunction with Comminiere) is already drilling and developing Carriere de l'Este, restoring the Mpiana-Mwanga hydro-electric power plant, building access roads to the mine site...and probably passing off AVZ's drill cores as it own. The evidence is that the horse has bolted, and corruption so pervasive that it will be vertually impossible for AVZ to disentangle the mess and develop Manono.
Cheers
F
FYes, while that's true as it currently stands, neither the DRC (and Cominiere) nor Zijin will be able to ignore the final ICC and ICSID decisions. In conjunction with the final decisions will come enforceable compensation, penalties and interest.
However, I think the corrupt pricks will simply delay and ignore interim orders until the 59th minute in the forlorn hope AVZ runs out of funds, and then make an offer to get us out of the room.
There is no white knight waiting to swoop in to save our butts. Zijin will eventually get the entire tenement; it's just a matter of time and price.
Jus' say'n
Cheers
F
AVZ does not need to disentangle anything - the SinBin transaction it has been reported as being based on illegal activity/corruption - if this is the case then in my opinion is, it has no standing. My thoughts are, just because they are working on the tenement illegally doesn't make it theirs - not a smart move.It's always good to have a variety of opinions and views on any subject. Group-think sucks.
At the same time we need the ability to read the room and draw some conclusions on where things are likely to go based on precidence and the available evidence.
The evidence to date, including AVZ announcements point to:
(1) potentially further arbitral wins, (2) ongoing lack of action by the DRC government in addressing endemic corruption and (3) a negotiated settlement in order that AVZ can extract value for its shareholders.
Regardless of arbitral outcomes, the DRC hierarchy, Cominiere, CAMI, Zijin and even CATL will most likely continue to roadblock and frustrate AVZ in order that it cannot make any meaningful progress at Manono.
Zijin, (inconjunction with Comminiere) is already drilling and developing Carriere de l'Este, restoring the Mpiana-Mwanga hydro-electric power plant, building access roads to the mine site...and probably passing off AVZ's drill cores as it own. The evidence is that the horse has bolted, and corruption so pervasive that it will be virtually impossible for AVZ to disentangle the mess and develop Manono.
Cheers
F
Yes mate , I am saying I don't think anything is happening because it would have leaked by now .Are you saying that once a company is delisted, it becomes impossible to keep any of their operations a secret?
That because you haven't heard of something happening, it means there must not be anything happening?
Just trying to get straight what you're saying.
Mate an ICSID result is years away . How are your arteries ? Plaque build up ok ?How's your mental health ? If you think shareholders should wait around for an ICSID result and the very remote possibility of compensation$$$ years later , you are living in a f--king fairytale world mate. Your narrative thus far has a million holes it .F
I dont believe thats true - the West is not going to allow China to control the lithium market through theft.
Lets wait and see the outcome of the ICC and the ICSID.
Regards,
SilentOne
I didn't draw any conclusion Azz, just making a statement. I'm not a herald sun reader and whatever else that implies, which actually sounds like you're trying to tar me with the wrong brush.Surely you can imagine that unless you're in the trenches, you would be completely unaware of any western involvement or influence?
The herald sun doesn't have a monopoly on all the goings on in the world.
The show ain't over yet, I'm just saying if you don't know, why draw such conclusions?
Wombat,Mate an ICSID result is years away . How are your arteries ? Plaque build up ok ?How's your mental health ? If you think shareholders should wait around for an ICSID result and the very very very very very very remote possibility of compensation$$$ years and years and years later , you are living in a f--king fairytale world mate. Your narrative thus far has a million holes it .
What kinda of work involves analysing attempted suicides? You do mental health research or something?Wombat,
If you think you have what is required - feel free to run for a board position and lead the charge.
I dont think things have years to run - but hey if I am wrong then you will feel the pain.
I am steadfast supporting the Board - otherwise your other option is to support MMGA and lets see where that goes.
I am happy to see the litigation to its end - but would prefer not to. And no, I can't afford to lose my investment, but I am not going to be bullied either (and no I don't see you as a bully).
Interesting foot note - not only am I an Analyst the group I work with specialise in attempted suicide - so both my mental health is fine, and my well being is good - I am glad that you care.
I take a matter-of-fact position on AVZ - lets simply wait for the ICC & ICSID rulings to play out.
Wishing you the best.
SilentOne
My point was that my mental health is fine - and if it wasn't then I have plenty of support - Wombat had asked me a question and I had answered it.What kinda of work involves analysing attempted suicides? You do mental health research or something?