AVZ Discussion 2022

CHB

Regular
School me on my ignorance. But how the hell are AVZ lawyers conducting a public display with no mention by AVZ management to shareholders through official channels?
Didn't we lose some court battle last November or something and we didn't hear a peep?

This is nothing :cool:
 
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Retrobyte

Hates a beer
Here's the transcript, translated to English online ....
 

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  • Momentum presser 15 July 2022 French.fr.en.pdf
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Retrobyte

Hates a beer
It's a tough read given firstly software did the transcript and secondly software did the translation - I am wading through it to find any gems
 
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blu

Regular
Just checked the drc mining cadestral - this is all I’m seeing - somethings changing? 🤔

View attachment 11498

View attachment 11499
View attachment 11500
Are we witnessing some fuckery here, or is it CAMI putting in place what AVZ reported in 4th May announcement

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Latest from cadastre map


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Droit Dechu translates to

1657945730450.png


some other examples here https://www.linguee.com/french-english/translation/droit+déchu.html

I cant find geographical reference to those 2 exploration permits 12454 or 12459.

Anyone with more info?
 
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Nbaz

Regular
Are we witnessing some fuckery here, or is it CAMI putting in place what AVZ reported in 4th May announcement

View attachment 11542

View attachment 11541
View attachment 11544

Latest from cadastre map


View attachment 11537

View attachment 11538

View attachment 11539

Droit Dechu translates to

View attachment 11540

some other examples here https://www.linguee.com/french-english/translation/droit+déchu.html

I cant find geographical reference to those 2 exploration permits 12454 or 12459.

Anyone with more info?
As long as they are not part of roch or carier, I don't care to much. Not sure where those permits relate to.
 
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Retrobyte

Hates a beer
"the presence of the feasibility study soon generated conflict"

"They realized that this feasibility study in just two stages revealed that the DRC had the largest deposit of lithium. Phenomenon afterwards. But it is not the most common in the world and the second after that of Australia"

"the environmental issues were addressed to me and a favorable opinion on the environmental impact studies and the environmental management plan. All these studies received a favorable opinion"

"And there are fifteen experts who sit down to be able to demonstrate that it complies with the diagrams given in the mining code on the presentation of feasibility studies. They gave a positive notice of compliance which sent a letter to the mine management which implied a favorable technical price or a favorable opinion"

"When Zimbabwe learned that the DRC was going to set up one of the biggest fields, they probed this little unicorn project."

"To be able to make parties, you need decision-makers. There are brilliant people, financial engineers who can advise the State at this level to unlock all our business at the same table and therefore decide on this State market and think of the children who have gone further below of us to understand this length. To do a study, Google did a study on the best destination to be able to do the value chain of a country. Well in this study, the DRC was shown to be safe compared to all countries on a set of things. And so this study was presented at the forum."

"We are coming on an investment adventure that can work but cannot. But when it works, elected officials talk about development"

"The Minister has the obligation to apply section 75 and therefore we find ourselves today only in terms of operating permits, which permit does not allow us to be able. So another condition of the partnership was met $500 million available to start the project, $500 million."

"They submitted the report to me for voting. We will give our favorable opinion. We heard, we did things. They have the means to be able to develop the project and therefore it was supported. Your project is stuck in your environment for whatever reasons you can imagine. Then the money is available"

"He calculates the pro rata temporis, ie the time remaining to run, because the calculation of rights over the year is that of the year. But if it is yes, less, effectively, we calculate on a pro rata basis, in other words to the company and the company has a period of fifteen days to be able to pay. But he also has a significant deadline for a state of affairs not only to pay the superficial weight, but he has to give 10% per annum miscellaneous to the state. That's why we gave him not to make a decision after the fact. Questioning the decision that was made by the cadastre and unfortunately underlined is a public event on the right of reserve in the space of public officials such as the course of conducting public money in the DRC and it issued opinions in public remind us of the beginning since 2021, we have a new transparency law that protects personal data"

"So the next question is do you intend to transfer the 10% to the Congolese state by saying We are unable to because we are waiting to be identified by capacity, so the law does not give the possibility. Oh dear, it's just us! Why am I telling you that simple? And so, what will happen in the meantime? It will happen that unfortunately this implies. I will take the train to go to Mali. $1 million in losses a day. Do a little math we are at 69,960, or 160 days. This thing is over $60 million. And who pays the company in which there are the following shareholders? So the State which must return? You have a trial for five years and they lose. It is the shareholders who lose. So it's not just to make a little time, it's the country that is losing. But think, in addition to those thousands of jobs that should already be
[00:47:05] paid, those thousands of jobs that's already started. Think of the boomerang effect of the various activities on the territory tomorrow. But also think about the effect of the special economic zone which was in fact the element that we wanted to use to attract other pharmaceutical investors, others, and so on."

"As we are wasting our time, I speak every minute that passes. We are losing money on this continent. So the situation is so dramatic that it is when we are a country of exploitation that we have the obligation to negotiate specifications"

"We are sending out a very bad message in terms of the business climate for the DRC when the president is not traveling at all, and so on And so there are difficulties in the debates between the shareholders who do not touch on the first . And you have many examples or even the situation to be done, but the law presents us with the project and that of other projects. But we still have discussions that are going to come to an agreement in the coming days."

"The dispute started exactly when the company released a feasibility study. Let's all agree that no one is complaining about the context of this feasibility study and the was done"

"We want to convince the government to inform, to be transparent all the same"
 
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Retrobyte

Hates a beer
Here's another version translated with Microsoft Translator ....
 

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  • Momentum presser English MS Translator.pdf
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solo

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Bin59

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Here's another version translated with Microsoft Translator ....
Thanks for taking them time to provide the translations Retrobyte - much appreciated 👍
 
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Flight996

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BRICK

Where’s Zeebot 😶‍🌫️
MDRY and hedrox shared Momentum Lawyers and Advisors' press briefing (English) on the other forum. It is available at the following URL:

https://www-election--net-com.trans...l=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

Thanks MDRY and hedrox

Cheers
F
actually the thanks for to @solo for the link here!

It’s hard when translating to read the nuances of what they are saying in the translation of the article to English and the upload from @Retrobyte
It’s times like these I wish I’d studied French at school instead of being a shit student!
😂
 
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Samus

Top 20
MDRY and hedrox shared Momentum Lawyers and Advisors' press briefing (English) on the other forum. It is available at the following URL:

https://www-election--net-com.trans...l=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

Thanks MDRY and hedrox

Cheers
F
Interesting that he states the mining Cadastre has 'blocked us'
Remember that head of CAMI Kabila cronie playing nice at the recent NGO press conference?
Guess he stands to loose a lot of snacks?

More days of our DRC lives @Frank
 
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JAG

Top 20
Nite ........
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But more importantly.....

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Goat

Regular
Excuse my anger, but is it really that hard for AVZ, AVZI, Com, Dath and the DRC to just front up with an official statement and say why the bloody hell the mining license is being held up still? Come on!
There's that much bullshit floating around on twitter, hotshitter, facebook and telegram it's not even remotely funny. Just issue a bloody 1 page document and say 5 dot points and be done with it. Who gives a flying fart what the issue is, just stop treating us like mushroom people!
I've got bloody 4 million shares sitting there in no mans land why all these cock gobblers piss around going back and forth with fluffy innuendo baseless announcements. FFS, lets mine this stuff out the ground and stop pissing about looking who to blame for cocking up some paperwork.
 
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Frank

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Interesting that he states the mining Cadastre has 'blocked us'
Remember that head of CAMI Kabila cronie playing nice at the recent NGO press conference?
Guess he stands to loose a lot of snacks?

More days of our DRC lives @Frank

*Speaking of "Days of our DRC Lives" - "Snacks & Snakes Alive", I see where,

Congo Hold-up: legal repercussions in France, Switzerland and Belgium

Based on the analysis of millions of leaked bank documents and financial transactions, the vast international Congo hold-up investigation revealed last December the names of those who allegedly participated in the embezzlement of the DRC's wealth.

French, Belgian and Swiss courts have since opened investigations.

In Belgium, the investigation for “corruption” targets businessman Philippe de Moerloose.

This is one of the 100 largest fortunes in Belgium and runs the companies SDA Holding and African Equities, specializing in the distribution of agricultural equipment and public works.

Philippe de Moerloose is said to have overcharged equipment, for a total amount of 740 million dollars to the DRC of the then president Joseph Kabila.

On June 14, Belgian anti-corruption officers raided three private homes of the wealthy businessman, as well as three of his companies.

The name of the Belgian businessman has also been mentioned in Switzerland.

Three NGOs have lodged a criminal complaint with the Federal Public Prosecutor's Office.

According to the revelations of Congo Hold-up, Philippe de Moerloose would have received 19 million dollars of dubious origin on his accounts in Zurich and Geneva opened in the Swiss bank UBS.

The latter is suspected of being involved in the laundering of Congolese public funds embezzled by the clan of Joseph Kabila.

The French national financial prosecutor's office has opened an investigation into flows deemed "suspicious" between the subsidiaries of the Congolese bank BGFI and France.

In addition, two whistleblowers and former BGFI employees, Jean-Jacques Lumumba and Guylain Luwere, have obtained the right to sue the Congolese bank in France.

Both men were allegedly intimidated after reporting illegal activities within the BGFI in 2016.


think-happy-thoughts.jpg


Food for thought :unsure:

Frank (y)
 
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Spikerama

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Samus

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Sort of off topic (but not really) I found this little story strangely entertaining in light of what were going through. Starts right at the bottom:

DRC: Drivers in Kinshasa reward honest police officers​


DRC: Drivers in Kinshasa reward honest police officers

A traffic police officer talks to his colleagues in Kinshasa, DRC, 6 July 2022 -

DEMOCRATIC REPUBLIC OF CONGO

At dawn, in a working-class neighbourhood of Kinshasa, a driver stops and hands a handful of small bills to the traffic warden.
The scene is common in the buzzing capital of the Democratic Republic of Congo (DRC), where police officers frequently shake down citizens to supplement their meagre salaries. Unlike some of her less scrupulous colleagues, Cécile Bakindo did not ask for money. The driver stopped to thank her.
"They love me a lot," says the woman who prefers not to say her age and wears a beret, white gloves and a fluorescent orange waistcoat over her navy uniform. "They give me lots of presents.

Known as "roulages", traffic wardens in the megacity of some 15 million people have a reputation for corruption. It is not uncommon to see them getting into a car and grabbing the ignition key in the hope of extracting money, or ripping off the number plate on the pretext of often made-up offences.
Policemen of integrity
Users are so fed up with this type of behaviour that police officers of integrity quickly become institutions in their eyes, which must be encouraged and rewarded. Officiating from an elevated platform in the middle of a busy intersection, Cecile Bakindo smiles as she channels swarms of motorbikes and beat-up public transport vehicles dubbed "spirits of death".
A driver slows down to give her some money. "She's really great," says Patient Kanuf, a 32-year-old motorbike taxi driver, buying fuel near the crossroads. "She has a heart of love," he says.
At another crossroads in the city centre, a police captain, dark glasses, tall stature and soft voice, has also become a local celebrity, known for being incorruptible.
Jean-Pierre Beya, 64, has been policing the same intersection for about 15 years, he says, also smiling cordially at drivers weaving in and out of the late afternoon traffic. If one of them enters the intersection dangerously, he or she gets a scolding.
According to Isaac Woto, 45, a taxi driver, Jean-Pierre Beya and Cécile Bakindo are known throughout Kinshasa. "They are serious," he says, while "the others are just looking for money.
Endemic corruption
Corruption is endemic in the DRC, which ranks 169th out of 180 countries in the NGO Transparency International's corruption index. According to a study by researchers from the Universities of Chicago and Antwerp and the Catholic University of Congo, bribes account for about 80% of the income of traffic police in Kinshasa.
Harassment of drivers is the cause of almost all fender-benders at junctions and 65% of traffic jams, according to the study. In 2015, each police station reportedly collected an average of US$12,120 in baksheesh per month.
The sums are significant in a country where nearly three-quarters of the 90 million inhabitants live below the poverty line and where police officers at the bottom of the ladder, according to Jean-Pierre Beya, earn about $100 a month.
Police harassment
Interviewed on a Kinshasa street, a traffic policewoman, who asked to remain anonymous, denied that soliciting bribes was a habit. But she says that senior police officers and politicians allow themselves to drive dangerously with impunity.
Captain Beya, on the other hand, does not believe that poverty is the cause of police harassment. "We all get the same salary. The problem is the mentality," he says, while taking a break in the shade. He says he was trained to "live with the people and stay with them". "I work for the Republic".
Local residents appreciate Jean-Pierre Beya, offer him tips and greet him as he passes. "This is not corruption," says the policeman, claiming that the gifts do not change his impartiality. "If you do things with respect and courtesy, you'll get something out of it," he says simply.

 
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Bin59

Regular
Good news … Felix is taking steps to effect change and improve the legal system at the grassroots level.



“3,000 magistrates will be recruited next month and about forty will be dismissed for compromising themselves.

A window of hope in the improvement of the judicial system, we cross our fingers.

Thank you to the Supreme Magistrate @fatshi13 who listened to our claims for sanction.”
 
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Frank

Top 20
Interesting that he states the mining Cadastre has 'blocked us'
Remember that head of CAMI Kabila cronie playing nice at the recent NGO press conference?
Guess he stands to loose a lot of snacks?

More days of our DRC lives @Frank

*Fyi, fwiw, Apologies if already posted, but did you see where,

 
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