AVZ Discussion 2022

wombat74

Top 20
Has anyone got a reply via email from AVZ lately? I’ve been ignored.
If anyone lives in Perth you can always pay Nigel and his crew a visit . New address is on the website .
 
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Flight996

Regular
On a lighter note...

Re: West African Aquaculture Ltd, Kurt Lennart Hansson and Martje Bolt Hansson v. Republic of The Gambia (ICSID Case No. ARB/18/10)

In April 2024, the ICSID ruled in favor of Swedish and Australian investors, ordering Gambia to pay damages for the unlawful expropriation of their tiger-prawn farming business. The case stemmed from actions taken by the Gambian government under former president Yahya Jammeh, which involved the direct seizure of the investors' aquaculture facility without compensation. Does that sound familiar?

The Tribunal awarded the investors approximately 95% of the damages they claimed, amounting to over £20 million ($AU39.3 million), along with interest at a rate of 8% from the date of expropriation until payment is made. Additionally, the investors were awarded full legal costs associated with the arbitration process. The Gambian government acknowledged the award, linking it to the previous administration's disregard for the rule of law and arbitrary decision-making practices.

As we are all aware, AVZ has a solid case against the corrupt DRC snake headed by Felix Tshisekedi. It just needs to remain sufficiently buoyant and engaged to see things through to completion.

Cheers
F

PS, still on Ko Samui and considering not coming home until this shit is resolved or I run out of money (whichever comes first).
 
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Remark

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Friday funnys?

  • What do you give a man who has everything?
    Penicillin.
 
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wombat74

Top 20
A guy walks into a bar and orders 12 shots. Before the bartender even returns with the bill, the man has slammed back half of them and shows no signs of slowing down. As the guy finishes his final shot, the bartender asks, "Why are you drinking so fast?"
The guy wipes his mouth and replies, "You would be drinking fast, too, if you had what I had." The bartender asks, "What do you have?"
The guy says, "75 cents,” and runs out the door.
 
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BRICK

Regular
A guy walks into a bar and orders 12 shots. Before the bartender even returns with the bill, the man has slammed back half of them and shows no signs of slowing down. As the guy finishes his final shot, the bartender asks, "Why are you drinking so fast?"
The guy wipes his mouth and replies, "You would be drinking fast, too, if you had what I had." The bartender asks, "What do you have?"
The guy says, "75 cents,” and runs out the door.
um... so, was his name Nigel?
 
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CashKing

Regular
um... so, was his name Nigel?
Nigel is still getting paid, more than likely a AVZ Shareholder….

75cents 🤔 I’d rather $1 and this ended but whatever.

GLTAH
 
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Jazz

Regular
If anyone lives in Perth you can always pay Nigel and his crew a visit . New address is on the website .
When next in Perth I would be more inclined to chase up Michael Carrick.
 
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oxxa23

Regular
When next in Perth I would be more inclined to chase up Michael Carrick.
For anyone going, happy to shout the drinks... 🤣
 

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Javman

Emerged
It’s likely been covered but has anyone written this off as a loss against tax? Could it be adjusted later if/when we get a return?
 
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Winenut

Go AVZ!
It’s likely been covered but has anyone written this off as a loss against tax? Could it be adjusted later if/when we get a return?
Check with your accountant/tax specialist..


1721999892806.png
 
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oxxa23

Regular
It’s likely been covered but has anyone written this off as a loss against tax? Could it be adjusted later if/when we get a return?
Technically not a capital loss yet... you still own shares in a company that's alive and kicking..... alive and limping....
 
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Winenut

Go AVZ!
Technically not a capital loss yet... you still own shares in a company that's alive and kicking..... alive and limping....
 
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cruiser51

Top 20

Chemical accident in Lualaba: two NGOs warn of the consequences​

Last updated: 2024/07/25 at 10:51 PM
MinesPublished July 25, 2024

IMG-20240725-WA0073.jpg


In the Lualaba province of the Democratic Republic of Congo (DRC), a tanker truck belonging to the COMMUS company and transporting sulfuric acid overturned on the night of Sunday, July 21, near the Kelangile River.

In a joint press release on Thursday, July 25, two Non-Governmental Organizations (NGOs) warned of the harmful consequences of this accident. They are Action for Integral and Sustainable Development (ADID) and Initiative for the Protection of Human Rights and Social Reintegration (IPDHOR).

They say they fear considerable damage to "aquatic ecosystems, including fish, crabs and plant species. Despite the ongoing identification of victims, some people are harvesting vegetables in the contaminated areas," the press release reads.

These two local civil society organizations stress the need to raze these fields in order to protect public health, destroy contaminated crops, decontaminate rivers and put in place preventive measures.

Daniel Bawuna


COMMUS:
China's Zijin owns 72% of COMMUS and the project is in the mining hub of Kolwezi in Lualaba province.
The state-owned Gecamines controls the balance.
Zijin also holds an interest in Congo's largest copper project, Ivanhoe Mines Ltd.'s Kamoa-Kakula.19 Apr 2024
 
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cruiser51

Top 20




Square profile picture

Ministère des Mines - RDC

@MinMinesRDC

#RDC_MINES Le compte X du Ministre des Mines, SEM KIZITO PAKABOMBA
@Kizpaka
est désormais certifié avec le badge gris
✅
! Voici une source authentique et fiable pour toutes les informations officielles. #CELLCOM
Translated from French by
#RDC_MINES The X account of the Minister of Mines, HE KIZITO PAKABOMBA
@Kizpaka
is now certified with the gray badge
✅
! Here is an authentic and reliable source for all official information. #CELLCOM
Was this translation accurate? Give us feedback so we can improve:




2:09 AM · Jul 25, 2024
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Spikerama

Regular

Chemical accident in Lualaba: two NGOs warn of the consequences​

Last updated: 2024/07/25 at 10:51 PM
MinesPublished July 25, 2024

IMG-20240725-WA0073.jpg


In the Lualaba province of the Democratic Republic of Congo (DRC), a tanker truck belonging to the COMMUS company and transporting sulfuric acid overturned on the night of Sunday, July 21, near the Kelangile River.

In a joint press release on Thursday, July 25, two Non-Governmental Organizations (NGOs) warned of the harmful consequences of this accident. They are Action for Integral and Sustainable Development (ADID) and Initiative for the Protection of Human Rights and Social Reintegration (IPDHOR).

They say they fear considerable damage to "aquatic ecosystems, including fish, crabs and plant species. Despite the ongoing identification of victims, some people are harvesting vegetables in the contaminated areas," the press release reads.

These two local civil society organizations stress the need to raze these fields in order to protect public health, destroy contaminated crops, decontaminate rivers and put in place preventive measures.

Daniel Bawuna


COMMUS:
China's Zijin owns 72% of COMMUS and the project is in the mining hub of Kolwezi in Lualaba province.
The state-owned Gecamines controls the balance.
Zijin also holds an interest in Congo's largest copper project, Ivanhoe Mines Ltd.'s Kamoa-Kakula.19 Apr 2024

That's almost like the truck carrying thousands of copies of Roget's Thesaurus that crashed last week as it left the New York publishing house.

According to the Associated Press, witnesses were stunned, startled, aghast, taken aback, stupefied, confused, punchy, shocked, rattled, paralysed, dazed, bewildered, mixed up, surprised, awed, dumbfounded, flabbergasted, astounded, amazed, confounded, astonished, boggled, overwhelmed, horrified, numbed, and perplexed.
 
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Bin59

Regular

Constant Mutamba: "Anyone who will hijack a single dollar from the Congolese will have his place in Makala prison"​

24.07.2024
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Constant Mutamba, Minister of Justice and Keeper of the Seals

During a press briefing, held on Tuesday, July 23, on the government's reforms undertaken in the justice sector, the Minister of State in charge of Justice and Keeper of the Seals, Constant Mutamba, answering the question about the perpetrators of financial embezzlement and embezzlement of public funds, indicated that anyone who will divert a single dollar from the Congolese will have his place in Makala prison.

"The Head of State gave us the mission to crack down. We will therefore be intransigent and intractable vis-à-vis all diverters of the state's public money. Anyone who will divert a single dollar from the Congolese will have his place in Makala prison. And we will reserve relentless answers to this, "he said.
Regarding the former Minister of Finance, Nicolas Kazadi Kadima, accused of embezzlement of public funds in the case of the purchase of drills and streetlights, the Minister of Justice made it known that "no one is above the law", while nevertheless evoking the principle of the presumption of innocence guaranteed by the country's Constitution.

"Alone the judge is authorized, in terms of our law, to be able to condemn someone for an offending fact. So, I wouldn't want to interfere in an ongoing instruction, "said Constant Mutamba.

In addition, the latter said he had set up a framework for consultation with the Attorney General at the Court of Cassation, in order to prosecute all cases related to embezzlement of public funds.
(Can only hope he follows through on his promise to review all files of corruption/ embezzlement sent to their office over the past 3 years).

Much more, the Minister also indicated that parallel investigation mechanisms against money laundering have been put in place. These mechanisms provide for unconditional confiscation of property, in accordance with Article 130 of the new Money Laundering Act.


Joslin Lomba
congo-press.com (MCP) / mediacongo.net
 
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Pokok

Regular

Constant Mutamba: "Anyone who will hijack a single dollar from the Congolese will have his place in Makala prison"​

24.07.2024
policy
Add to Favourites
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Constant Mutamba, Minister of Justice and Keeper of the Seals

During a press briefing, held on Tuesday, July 23, on the government's reforms undertaken in the justice sector, the Minister of State in charge of Justice and Keeper of the Seals, Constant Mutamba, answering the question about the perpetrators of financial embezzlement and embezzlement of public funds, indicated that anyone who will divert a single dollar from the Congolese will have his place in Makala prison.

"The Head of State gave us the mission to crack down. We will therefore be intransigent and intractable vis-à-vis all diverters of the state's public money. Anyone who will divert a single dollar from the Congolese will have his place in Makala prison. And we will reserve relentless answers to this, "he said.
Regarding the former Minister of Finance, Nicolas Kazadi Kadima, accused of embezzlement of public funds in the case of the purchase of drills and streetlights, the Minister of Justice made it known that "no one is above the law", while nevertheless evoking the principle of the presumption of innocence guaranteed by the country's Constitution.

"Alone the judge is authorized, in terms of our law, to be able to condemn someone for an offending fact. So, I wouldn't want to interfere in an ongoing instruction, "said Constant Mutamba.

In addition, the latter said he had set up a framework for consultation with the Attorney General at the Court of Cassation, in order to prosecute all cases related to embezzlement of public funds.
(Can only hope he follows through on his promise to review all files of corruption/ embezzlement sent to their office over the past 3 years).

Much more, the Minister also indicated that parallel investigation mechanisms against money laundering have been put in place. These mechanisms provide for unconditional confiscation of property, in accordance with Article 130 of the new Money Laundering Act.


Joslin Lomba
congo-press.com (MCP) / mediacongo.net
Means nothing , if you get court just say your sick and need to visit another country , NEXT
 
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wombat74

Top 20
The DRC needs to pull their finger out and sort their shit out sooner than later - they are likely going to get a better outcome while the Democrats are in power with any agreement/negotiations. Should the Republicans get in, Trump is likely to drive a tougher deal that benefits America more than the DRC - he loves the deal.

Trumpy is not one to be blackmailed - it also seems there is a theme/undercurrent that the DRC are wanting support in their boarder wars which they are seemingly trying to leverage for outcomes in mining (Felix I suspect is playing off Europe/China/America off each other).

The DRC are going to do more harm to themselves by delaying positive outcomes for Dathcoms tenement while we progress through the ICSID / ICC and the potential swing to the Republicans - but Tim (time) will tell.

The DRC reaps what they sow - at the moment it is nothing for their poor and disenfranchised population. Dathcom will assist in growing wealth in the local community of Manono for the poor and destitute.

SilentOne
Trump is a nut job ,and his new vice idiot who is a redneck Hill Billy Mountain Dew moron , is going to make sure Trump gets his arse kicked at the next election . IMO
 
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BEISHA

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BEISHA

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IMO if RIO were to take over as a deal with the DRC Gov I would not be surprised to see a minority stake to China (Not Zijin).
However, the longer this all takes and the further we continue to press with ICSID my view is China's strength at the negotiating table continues to erode.
If Felix wanted to please his Chinese masters I would have thought he would want a resolution sooner rather than later (like 6 months ago lol) but it will get to a point when the cat is so far out of the bag that he has no choice - whether that time is already upon him or if it is not far away I have no idea.

Would be nice to get another "Arbitration update" announcement with the next dates for all of the cases, not that it will change anything but it would give all shareholders at least something to be waiting for. The way things are going though, the next AGM if it even happens is closer to happening that it has been since the last one.
If FT was a true leader, the IGF report should of been enuff evidence to tell his chinese masters where to go, instead, he has allowed his true saviour ( AVZ ) to bleed dry and disregarded Jules Alingete great work .........all at the same time.

Its been 7 months since fat cat was re elected, what has the fuck tard achieved in that time ?
 
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