AVZ Discussion 2022

Azzler

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If you go back a bit, bro accused the BoD of lieing when they stated we have good legal title of 75%, and he hasn't retracted this statement.
So he is saying he believes the BoD know they don't have good legal title, and deliberately mislead shareholders.

When he was confronted with the rulings and interim measures that support AVZ's good legal title claim, of international courts such as ICC as ICSID that use a strictly legal framework to make their rulings, he claimed that these systems of justice were a fantasy, didn't exist and I was making it all up.
 
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Cumquat Cap

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Everyone knows to ignore old mate Tommy or whoever the fuck he is, panic merchant banging on about the same things over and over.

Plenty happening behind close doors where our detractors cannot fuck with avz’ progress. Avz hold good legal title over 75% and important to remember majority of this delay pertains to disputed north, no one disputing avz’ ownership of Roche Dire (just the %).
 
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GuruDukun

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Another call for applications. Only valid for 5 days… (not enough time for serious applicants?) i am sure they already have someone in mind and are just ticking boxes here…

Manono lithium call for tenders
 
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Everyone knows to ignore old mate Tommy or whoever the fuck he is, panic merchant banging on about the same things over and over.

Plenty happening behind close doors where our detractors cannot fuck with avz’ progress. Avz hold good legal title over 75% and important to remember majority of this delay pertains to disputed north, no one disputing avz’ ownership of Roche Dire (just the %).
Man I'd love to believe that no one's disputing avz's ownership of Roche Dure but all I can see is PR13359 being in Cominiere's name and the DRC not complying with the ICSID order to reinstate Dathcom's title to 13359.

I couldn't give a shit about the north part just get this shit sorted with the south this is dragging on far too long.

gltah
 
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Flight996

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Another call for applications. Only valid for 5 days… (not enough time for serious applicants?) i am sure they already have someone in mind and are just ticking boxes here…

Manono lithium call for tenders

And so it goes on...in conjunction with Cominiere, Zijin will never back down on its claimed ownership of the northern part of PR 13359.

And so it goes on...Interim ICC and ICSID orders continue to be ignored because everyone's in on it, all the way to the President himself.

And so it goes on...oh fuck, is it too early to start drinking?
 
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SilentOne

Regular
And so it goes on...in conjunction with Cominiere, Zijin will never back down on its claimed ownership of the northern part of PR 13359.

And so it goes on...Interim ICC and ICSID orders continue to be ignored because everyone's in on it, all the way to the President himself.

And so it goes on...oh fuck, is it too early to start drinking?

Well as much as this may drag on unnecessarily - isnt there some Gold Bullion held in a Bank in New York on behalf of the DRC.

The ICSID have a number tools at their disposal including the World Bank that is apparently holding billions in Aid for the DRC - lets see how this plays out - not happy about the delays but hey you are dealing with a 3rd World Country who wants to play with the big boys.

And then of course you have the ICC.

Lets just wait for the announcements.

Regards,

SilentOne
 
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Flight996

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Well as much as this may drag on unnecessarily - isnt there some Gold Bullion held in a Bank in New York on behalf of the DRC.

The ICSID have a number tools at their disposal including the World Bank that is apparently holding billions in Aid for the DRC - lets see how this plays out - not happy about the delays but hey you are dealing with a 3rd World Country who wants to play with the big boys.

And then of course you have the ICC.

Lets just wait for the announcements.

Regards,

SilentOne

Yes, the announcements will make for interesting reading.

We are awaiting the ICC announcement following AVZ's application to have the fines liquidated (paid to AVZ). These fines stretch back to May 2023 when Cominiere first decided to ignore the ICC's interim ruling (fifty thousand euros/day), PLUS a further fifty thousand euros/day from Nov 2023.

I'm guessing an announcement is imminent.
 
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Xerof

Biding my Time 1971
And so it goes on...in conjunction with Cominiere, Zijin will never back down on its claimed ownership of the northern part of PR 13359.

And so it goes on...Interim ICC and ICSID orders continue to be ignored because everyone's in on it, all the way to the President himself.

And so it goes on...oh fuck, is it too early to start drinking?
probably incorrect
yes but probably not a permanent position
NO
 
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Pokok

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probably incorrect
yes but probably not a permanent position
NO
I already started 10 mins ago as soon as I opened my computer and started reading .
cheers ice GIF by Monkey Shoulder
 
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Pokok

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I have sent a message to DRC mining week on Tiktok ,,, AVZ
 
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RHyNO

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RHyNO

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Bro is trying to reason around something being stolen means hey, maybe you never owned it in the first place?
If you’re referring to me “bro” I assure you I’m not trying to troll im trying to gauge opinion on lighting a fire under the asses of management to do something about Chinese actors taking our shit. Watch them accidentally extend their mining into our tenement. See also gold mining and cobalt mining through DRC. Our beautiful high strip ratio tenement we all paid for. I’m on board with the slamming and blaming of corrupt actors. I’m up on Twitter reminding everyone how it was stolen. I’ve just chosen this angle. Probably wrong one. Just saying if you don’t lock your bike in Dandenong it was never yours. All respect to you and fellow holders
 
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Spikerama

Regular
Wha
If you’re referring to me “bro” I assure you I’m not trying to troll im trying to gauge opinion on lighting a fire under the asses of management to do something about Chinese actors taking our shit. Watch them accidentally extend their mining into our tenement. See also gold mining and cobalt mining through DRC. Our beautiful high strip ratio tenement we all paid for. I’m on board with the slamming and blaming of corrupt actors. I’m up on Twitter reminding everyone how it was stolen. I’ve just chosen this angle. Probably wrong one. Just saying if you don’t lock your bike in Dandenong it was never yours. All respect to you and fellow holders
What’s your Twitter handle Rhyno? I will follow you.
 
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Frank

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Frank

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Frank

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DoL.jpg


Keynote speech by Judith Suminwa: “The trivialized economic, political and security crisis” (Eugène Diomi Ndongala)

After a "cockfight" between members of the office of the National Assembly, the Congolese were finally entitled to the presentation of the government program and the leaders of the executive carried to the baptismal font by Judith Suminwa, Prime Minister of DR Congo.

For Eugène Diomi Ndongala, who closely followed this event, from a formal point of view, the elephantine nature of the government which has just been invested by the National Assembly fits poorly with the stated desire to reduce the lifestyle of institutions.

The large number of former ministers from the previous Sama Lukonde 1 and 2 government does not allow a new wind to blow through this executive.

“It is not by chance that some observers nicknamed this executive Sama Lukonde 3,” he said.


Regarding the “so-called” pillars of government action, he continues, it is above all the prioritization of objectives which is surprising.

Indeed, rather than finding, at the first place of the "pillars" of this program, the return to peace and the fight against the "destructive predation" of the elites who give themselves an absolute right to "harvest" the money of the Congolese taxpayer, a series of objectives (called pillars) have been listed which can be the result of good economic management, but which are not directly achievable, without a real macro-economic recovery of the DRC.

Indeed, the revival of employment, contrary to what Judith Suminwa said, can never be obtained by the "discovery of niches" in the current socio-economic panorama of an "economy in crisis".


Employment could be increased by a revival of productive investment, in industry (still embryonic, in the DRC), extensive agriculture or a Keynesian public works policy.

In a country like DR Congo, which has fallen, according to the latest data on its GDP (gross domestic product) published by the IMF (International Monetary Fund), to fourth place among the poorest countries in the world, reversing the order of priorities is a serious mistake that the Congolese can no longer afford.

What can we say about the security crisis situation affecting the DRC?

"It is barely touched upon by the Prime Minister, with a certain lightness, whereas without pacification of the DRC, through a broad inclusive political dialogue, the objectives of her government will be a vague inventory of good intentions."

According to Diomi Ndongala, it is still very serious that no serious action is envisaged to help the 7.5 million war-displaced people who have lived, until today, on 150 francs per year, per person. , mobilized by the previous government!

The same analysis is valid for the stated desire to highlight the protection of the purchasing power of the Congolese, as a “pillar” of government action.

More than an objective in itself, "this pillar of government can be seriously achieved only in a context of relaunching internal agricultural production (to achieve food autonomy), but also industrialization which could balance the balance of payments and make the economy less dependent on foreign currency imports and, consequently, the currency more stable against the dollar.

The promotion of sport, culture or the desired "universal" health coverage are noble objectives, although always dependent on the restoration of macro-economic balances and a fight, without sparing, against the "destructive predation" of leaders who appropriate huge portions of the national budget, making it impossible to implement essential reforms in the Army, the Civil Service, Justice and Administration, without which the public service can never be effective.

The general impression given by the excessively light and optimistic tone of the executive's keynote speech, "is that of a leader who does not want to assume the seriousness of the situation which is overwhelming the DRC at the moment", according to this leader Ne Kongo.

The economic, security, political and humanitarian crises have simply been trivialized, certainly so as not to overwhelm the previous Sama-Lukonde government, which has become legendary for its passivity in the face of the serious problems that have shaken the Democratic Congo in recent years, he believes.

“This is not surprising, given that many of the current ministers served in the previous government, including Ms. Suminwa herself.”


This tendency to trivialize the real situation of economic and political crisis in the DRC is not surprising and we find it in the inflated figures of future national budgets.

Planning for an increase in the budget which would be fueled exclusively by the tax base and external budgetary cooperation appears unrealistic, without a pacification of the DRC and a revival, through investment, of internal production, the war having the unfortunate tendency to absorb all the meager resources available.

Without forgetting the average interest rate on the public debt portfolio which was contracted entirely by the previous government and which also weighs heavily on the national budget.

Not highlighting the fight against corruption is a negligence which risks destroying the efforts of governmental praxis, even if the "famous pillars" of its action were placed in the right hierarchical order.

Denying the seriousness of the situation, through a complacent diagnosis of the ills that are gnawing at the country, is never a good attitude.

"This is why I fear that the weaknesses of previous Sama-Lukonde governments 1 and 2 could be repeated in the government of Ms. Suminwa, herself a member of this executive.

This is why I invite Ms. Suminwa to give a chance for peace in the DRC and to add to the "pillars" of the action of its government, the fight against destructive predation which has impoverished the entire nation and which risks seriously hampering the action of its executive, if corruption, embezzlement, over-invoicing as well as budgetary surpluses allocated to institutions are not immediately controlled", concluded Eugène Diomi Ndongala.


mediacongo


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Azzler

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CashKing

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BEISHA

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BEISHA

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