AVZ Discussion 2022

Winenut

Go AVZ!
It fucking kills me that Zijin are just doing stuff on the tenement with impunity. FFS does anyone in authority in the DRC have the capacity and will to step in and put a stop to the illegal activity???.. Fuck me!🙄
 
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ChillaM

Member
Yu
I agree with you Ox. I posted that article here as more evidence of Zijin’s illegal actions (to add more proof to all the other illegal actions) not as a trigger to set off alarm bells. I also put it on a thread devoted to just Manono Lithium and in future I’ll just keep posting info to other threads.

I’m realising it’s too big a stretch for some people to use the information to help inform investors to what’s going on when they can more easily use it to spread their own fears to other investors who still believe the DLA Piper approach is the way to go and there’s a new DRC government that has only just formed in the last day or two.

Lukonde, Adele Kayinda, Antoinette N’samba all gone. Obviously no one else from the Steel City on TSE but whatever, get this into ya’s


Yup, I'm a Newie boy and remember the Star Hotel very well (maybe not a boy any more lol).
Used to drink there .... occasionally (front bar), back in the day lol
Keep up the posts Dave, we need as much good intel as we can get.
Cheers
 
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tonster66

Regular
I haven’t got the reference but I read last night on twitter that Biden has introduced a bill to remove the restrictions on Dan Gertler so the US could get access to critical minerals.
I remember when Felix first came to power he sent the US a letter (someone posted a copy of the letter) asking to remove the restrictions from Gertler.
Maybe the US have made a deal? Who knows?
The DRC have an out with China eg. ICSID and ICC are against the national interest.
Just my thoughts
 
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Azzler

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I haven’t got the reference but I read last night on twitter that Biden has introduced a bill to remove the restrictions on Dan Gertler so the US could get access to critical minerals.
I remember when Felix first came to power he sent the US a letter (someone posted a copy of the letter) asking to remove the restrictions from Gertler.
Maybe the US have made a deal? Who knows?
The DRC have an out with China eg. ICSID and ICC are against the national interest.
Just my thoughts
Yes I saw that and found it curious.
Until you mentioned about they maybe made a deal, I didn't consider they might be keeping that as a barganing chip.
Fark everything is politics isn't it, there seems to be no moral truth anywhere...

But yes that could absolutely be why they're doing this, the US are extremely keen on getting their influence into Africa, and IMHO, so they should and they're stupidly late to the party, but anyway, any ground they gain is good for us.
 
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Frank

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Chase

Regular
Fuck these Chinese raiders!
Let's unleash together the real truth.
I've been down about this for so long
But with latest info of Zijin scrupulous developments I'm enraged!!
Twitter onslaught coming!
Let's all share and do our bit for anti corruption...the betterment of the people of DRC and finally our hard earned money that has been stolen by Corrupt RDC Government Officals...
 
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Frank

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Sumwina Government 1: suggested avenues to straighten out the DRC

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Unless there is a last minute change, the inauguration of the Suminwa government will take place this Tuesday, June 11, 2024.


Emerging from the womb after severe labor pains, this team led for the first time by a woman, is the dream of many Congolese.

On the eve of the 64th anniversary of the country's accession to national and international sovereignty, some hope that the DRC will experience a decisive turning point.

It is true that the challenges are very numerous and enormous.

Everything seems to be a priority in the country.

Ms. Suminwa and her team will face a serious problem in prioritizing these priorities.

Where should you start? The restoration of state authority?

Basic infrastructure? Health ?

The end of the war in the East and the eradication of all small armed groups?

The fight against corruption for the establishment of good governance?

This list is not exhaustive as there are many other challenges for which ordinary citizens expect suitable solutions.

Labors of Hercules

Faced with these Herculean works, the government which will be invested in the following hours will have no time to lose.

As soon as approved by those elected to the lower house of Parliament, it will have to immediately get to work to translate into action the six axes of the program for the second five-year term of FĂ©lix Antoine Tshisekedi.

The task is arduous and the expectations of the population are numerous.

For this, it is important to carry out a general mobilization so that everyone gets their hands dirty.

Therefore, the government must not neglect the work of changing the mentality of citizens.

They are forced to understand that they are not spectators, but rather active players in the development of their country.

The Ministry of Youth and New Citizenship has a lot to do in this area.

The role of churches

In the same vein, the churches which abound in the DRC are called to innovate in their evangelization.

Faced with the anti-values that undermine society, those we call “men of God” must imperatively change the content of their preaching.

Today, their preaching is oriented towards the request for visas, marriages, jobs, and what else do we know while at this moment when the country is going through a lean period, the strategy must consist of raising awareness among the population to invest in development activities.

Instead, we experience spectacles where the faithful are held for hours in worship to ask God to bring down manna from heaven, while the Holy Scriptures emphasize that man must feed himself with the sweat of his forehead.

It is a call for sacrifices that churches must make to their faithful.

Furthermore, it is established that most of the perpetrators of embezzlement of public funds and other reprehensible acts are believers seen in churches.

The tax non-compliance that we deplore is caused by those who follow the Holy Scriptures every day or every Sunday.

Likewise, parents who cover up the acts of banditry of their delinquent children are recruited from among those who regularly attend places of prayer.

Furthermore, the unsanitary condition in which most of our churches are floundering proves sufficiently that the teachings given in these churches are of low level.

From now on, they must become aware of their role in the development of the DRC, instead of being “the opium of the people”.

Better supervision of young people

Young people must also be mobilized in this fight.

For this, the authorities are invited to lead a relentless fight against all those who lead this category of society into delinquency, in particular sellers of drugs and other strong liquors.

They must be repressed with all rigor.

The Suminwa government raises a lot of hope among the population.

If the DRC misses this turn, the future of the country will be more than uncertain.

This is a scenario that the Congolese would not like to experience.


mediacongo


*I think we all know and have known for some time who the perpetrators of embezzlement of public funds and other reprehensible acts are :rolleyes:


The DRC, 4th poorest country in the world: “this must concern us”

According to the latest IMF-Global Finance report of 2024, the Democratic Republic of Congo is the fourth poorest country in the world.

Unable to remain indifferent to this situation, Eugène Diomi Ndongala gave, Monday June 10, 2024, during an interview with MCP, some possible solutions to get the country out of the drift.

The national president of the Christian Democracy (DC) believes that it is important to promote the virtuous circle between peace, development and the rebuilding of the State, with the proposal of a new social contract based on the fight against “destructive predation”.

The decline of a state

To develop its ranking, Global Finance based itself on GDP (Gross Domestic Product) per capita, as shown in the most recent IMF report.

“This must concern us!” exclaims Diomi, who thinks that it would undoubtedly be recommended that Congolese leaders ask themselves the right questions about the causes of the decline of a country so well endowed with natural resources, in order to “ vivisect" the large sick body of Congo-Kinshasa and understand its illness.

The Congolese paradox

In Congo, the inhabitants are poor while the country is rich: 75% of Congo's inhabitants live below the poverty line.

The subsoil of Congo is among the richest in the world thanks to its mining resources (diamond, copper, tin, coltan, cobalt, gold, etc.).

The country also has abundant forest resources as well as fertile soils, ideal for agriculture.

Today, mineral exports represent more than 90% of the country's exports, and more than half go to China.

But these mining resources only constitute 30% of tax revenue today.

“Bad governance and corruption have something to do with the decline of the State,” he believes.

Minerals in the DRC are a bit like oil in Venezuela.

This rent creates, paradoxically, a cycle of inflation and corruption, according to raw materials specialists, rather than enriching the country.

Agricultural production, for its part, slowed to growth of 2.2% in 2023 (compared to 2.4% in 2022), making the food autonomy of the DRC even more volatile, ever more dependent on imports.

“Finally, an escalation of the war in the east and continued political volatility only worsen the economic situation,” he adds.

And to continue, "behind an unstable political situation, also due to elections undermined by electoral fraud, a dark financial horizon emerges.

All Congolese indicators are red.

These disruptions in economic balance are almost always the consequence of bad governance:


Unaccountable or non-responsive institutions, inequitable access to services and resources, lack of inclusive participation in democratization processes and weak capacity of civil society and political opposition (often marginalized and entrenched) to address these challenges ".

Resistance to reforms, although they are essential

The DRC presents, in fact, a textbook case of resistance to reforms which, it must be admitted, "have not been seriously considered in recent years, even though they prove essential."

The reforms are well cited in the various government programs. But, in reality, they are not implemented.

In other words, “the recurring evils of our political life are known: we find “petty corruption” alongside “major corruption”, nepotism, influence peddling, abuse of corporate assets, crime of interference, but also looting in its violent forms, especially in conflict zones.

The rebuilding of the Congolese state must be characterized by an end to impunity.

The strong should not be immune and the weak sacrificed. Therefore, the law must apply to everyone in the same way.

The scourge of corruption is omnipresent and must be fought

Corruption from below is designated by multiple euphemisms which clearly show that it is a practice that has become commonplace: bribes, sweethearts, kickbacks, illegal commissions, monitoring costs, motivation, invisible cooperation. ..


The level of abuse among police officers, for example, is 97%, according to a 2010 University of Kinshasa survey, not updated to date.

The right of elites to “pick”

“From the top to the bottom of the state apparatus, the assimilation of a position of power to a right to “pick” is becoming widespread,” notes Diomi.

The result is the ruin of public goods and services, hyperinflation, negative growth and a destructive headlong rush that impoverishes the Congolese.

Political actors, for their part, often do not have very precise ideological references, as is the case of the political groups which constitute the current majority of the USN (Sacred Union of the Nation).

They are above all attached, once "elected", to managing their interests and their alliances, within the framework of power sharing.

Faced with them, voters, once they have received the payment for their vote, hardly use the modest information available to supervise the implementation of the campaign commitments of elected officials.

Especially since the use of privatized voting machines, at the time of recent elections, makes voters completely useless vis-à-vis the “elected officials” who are only beholden to the system of patronage which placed them in power!

Diomi asks the leaders of the DRC to take ownership of good governance without which the restoration of peace would be non-existent.

Food, water, electricity, education, health care and housing constitute basic fundamental needs that the State must ensure for the achievement of social and distributive justice allowing the Congolese people to live in a balanced society.

One of the essential conditions is to economically insure the population by providing it with basic needs for survival: food, health, housing, educational institutions, etc.

The DRC is virtually rich, considering its potential.

But as the current war has the effect of focusing the available energies and attention of the State on it, the minimum conditions for achieving this objective are only possible at the end of hostilities.

In other words, peace in the DRC is strictly linked to political and economic parameters: corruption, electoral fraud, tribalism, nepotism only aggravate the impoverishment of the country and its exposure to war, because of its unstructured army, a failing administration and a security of the country weakened by the lack of means, absorbed by systemic corruption and the extravagant lifestyle of the leaders of the institutions.

L.M.

mediacongo
 
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Frank

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Frank

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TheCount

Regular
Shorts closing out...

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Source www.shortman.com.au
TC.
 
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Samus

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So he saying Felix fked us over?
Idk, I interpreted as Felix was Pro AVZ, but various people/advisors made decisions without him and in contrary to his vision and the various ministries signed off on it
 
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RHyNO

Regular
It fucking kills me that Zijin are just doing stuff on the tenement with impunity. FFS does anyone in authority in the DRC have the capacity and will to step in and put a stop to the illegal activity???.. Fuck me!🙄
We have legal title over the tenement, so why are we letting zinjin? I think is the real question. Of course I’ll get the hit brigade here shouting me down. But why if our legal title is so good. Are we not securing the tenement? How is this not top of our list? A nice shareholder announcement “we have secured our tenement with contracted security and ensured all entities other than AVZ are expelled from what is legally ours”. But of course this would require 2 things.
1. Actual good legal title (looking less good and less legal now)
2. A CEO and BOD interested in working for their money.
I don’t see either, but maybe that’s because the guys have gone quiet. (Cue the hopium addicts screaming “I have faith” “ there are things going on behind the scenes”
 
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Samus

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Idk, I interpreted as Felix was Pro AVZ, but various people/advisors made decisions without him and in contrary to his vision and the various ministries signed off on it
Felix or his government haven't even mentioned AVZ since he introduced us as a member of the DRC battery council in November 2021 two and a half years ago.
Meanwhile the Chinese progress the stolen tenement despite stop work orders and costly arbitrations. :unsure:
Seems to me that the Chinese have either got Felix by the balls or by the hip pocket and likely both.
 
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oxxa23

Regular
We have legal title over the tenement, so why are we letting zinjin? I think is the real question. Of course I’ll get the hit brigade here shouting me down. But why if our legal title is so good. Are we not securing the tenement? How is this not top of our list? A nice shareholder announcement “we have secured our tenement with contracted security and ensured all entities other than AVZ are expelled from what is legally ours”. But of course this would require 2 things.
1. Actual good legal title (looking less good and less legal now)
2. A CEO and BOD interested in working for their money.
I don’t see either, but maybe that’s because the guys have gone quiet. (Cue the hopium addicts screaming “I have faith” “ there are things going on behind the scenes”
perhaps they've been advised that having security guards on the boundary with guns isn't such a pragmatic approach... we don't know that they haven't been advised against this... things escalate with jijin with guns in hand... well the ML will be the least of our issues potentially then...
 
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wombat74

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Idk, I interpreted as Felix was Pro AVZ, but various people/advisors made decisions without him and in contrary to his vision and the various ministries signed off on it
Felix is a Chinese Puppet . China wants Lithium . Felix f--ks AVZ . His Ministers are just the layer of bull sh1t he is using to distance himself from the situation . Ever heard Felix say the words AVZ Minerals ?Nigel was obviously getting some good vibes in the early days . It's called being hood winked . Even Nigel with more than 20 years experience in the corrupted cesspit sh1t hole of Africa was unable to detect it . Felix was sweeping clean . The DRC was heading into a brand new era of rainbows and lollipops . Lets just hope the Yanks give a f--k about who controls the world Lithium market for the next 50 years . Giddy Up . IMO
 
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RHyNO

Regular
perhaps they've been advised that having security guards on the boundary with guns isn't such a pragmatic approach... we don't know that they haven't been advised against this... things escalate with jijin with guns in hand... well the ML will be the least of our issues potentially then...
Agree. But you’re assuming that it would elevate to a gunfight. Good security would simply secure the site using fencing and maintain a regular patrol. If shots are fired while securing something that is legally ours against a corrupt Chinese company. I say fire away!
 

Panther22

Regular
With Zijin movements on our tenement surely there is some mechanism that we can apply to ICSID and ICC to give them an update of what is actually happening. An “interim order update” or similar so that ICSID and ICC can give an official warning to all involved of repercussions if orders are continually ignored.
Having to wait for timeline and hearing dates only exacerbates the situation.

Fingers crossed for some good news soon.
 
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Doc

Master of Quan
With Zijin movements on our tenement surely there is some mechanism that we can apply to ICSID and ICC to give them an update of what is actually happening. An “interim order update” or similar so that ICSID and ICC can give an official warning to all involved of repercussions if orders are continually ignored.
Having to wait for timeline and hearing dates only exacerbates the situation.

Fingers crossed for some good news soon.
We have pushed emergency arbitration in a timely manner through ICC before. Not sure why they not doing so again.
 
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