It still amazes me how openly short sighted and corrupt Felix Tshisekedi is prepared to be with regard to the dishonouring of the mining licence with AVZ, especially when you consider now all the unrelenting international exposure and dirty laundry that has come to bare and is now being magnified about his family and their corrupt ways. Titles like "Mafia Family" the clan will do anything that serves their own financial gains, with little regard to the DRC and it's citizens future and well being, also the blatant disregard and lack of respect for international investors that get caught up in his and his ministers greedy grubby corrupt ways, and the BS that he and his many cronies peddle to attempt to mask their distorted endeavour's, but we see through you and your mates as do many in this matter PAL.Haha, so King Felix-the-corrupt proposes upgrading China-Africa relations to the level of an all-weather China-Africa community with a shared future in the new era
Unfortunately, his vision of a shared future is a bit different from China's, which is: We'll bribe you and your officials; we'll corrupt your agencies; we'll lie and cheat at every opportunity in order to steal your resources; we'll make promises that we have no intention of keeping; we'll manipulate the export figures in order to pay SFA in royalties and taxes; we'll use shoddy materials on every project; we'll under-pay your workers and treat your citizens as our personal slaves, we'll pollute your waterways and your aquifers; and finally we'll pack up and leave after looting your country and turning it into a wasteland.
Cheers
F
One would have thought that a remotely intelligent leader with some common sense


But no, here we are 2.5yrs later and he and his families dirty laundry is now on display for everyone to see, now playing out on an international stage, also being scrutinised openly and acknowledged warts and all by everyone who dares to look. I'd go further to suggest that even those that previously had no idea about the extent of his corrupt ways, that he as the main architect to this extensive corrosive behaviour within his own government, would so blatantly dishonour his countries laws and mining code at such a late stage of the process, leaving he and his country exposed to significant financial and reputational damage and recourse.
It would appear Felix is yet to workout that its not X'pings reputation (& the CCP) in this matter that's being further sullied as that has long since been on the nose shot to bits

I feel it really didn't need to be this way, simply neg/broker a sensible deal and your dirty laundry although its unlikely to disappear now, i would think its just going to grow, and you will be further exposed over more and more media platforms, not only in your own countries press, but internationally exposing you and your families spleen to your advisories and enemies for which you have many i would think. Who will likely use this behaviour towards AVZ and add it to your extensive list of grubby acts and deceitfulness, simply to gain a few more browny points with X'ping Is it really worth the price to be his boy and instead not your peoples hero?
On NFs strategy going forward.. as much as I signed on for the whole shooting show and took on board at the time all the risks i could think of, which were quiet numerous all those years ago, such as, "is there even a commercial lithium deposit below the surface"....

What a tough and personally taxing gig and lost opportunities to all those that trusted the DRC to have finally turned the page on its gov's previous greed and corrupt ways. Legitimate investors have been dragged into this sewer simply due to an unscrupulous President who can only think about gorging himself for the benefit of his own insatiable and gluttonous greed, he lives a lie and there's nothing democratic about him at all, he is a traitor to his people. He will eventually pay a huge price imo.
ps I won't say what i think that is likely to be


Interesting read, and a bit sobering too.
For some time I've wondered about the potential effect of lower spodumine prices on the value of future arbitral awards. Spodumine prices are already low, having come off their highs by 80-90% in two years, and they seem headed further south at least in the short term. African supplies are increasing, and they're all headed for China.
While Manono is large, homogenous and strategically important, (which has value) it is nonetheless a creature of the global contestable market and China's hegemony and manipulation.
And while AVZ is likely to prevail at the the international courts of arbitration, unfortunately we maybe we need to adjust our compensation expectations.
Go Blues
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