"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"