AVZ Discussion 2022
- Thread starter GazDix
- Start date
Mickyb64
Regular
Cheers mate, trying to translate the French is doing my head in. It does get easier the more I drink. Thank fuck it's Friday.
Mickyb64
Regular
Cheers mate, trying to translate the French is doing my head in. It do get easier the more I drink. Thank fuck it's Friday
Starting early....
MoneyBags1348
Top 20
We actually do have a private group chat going dipshit and many of us picked you as a troll early on
Thanks for your efforts in trying to turn this into another crapper, now fuck off
Funny you noticed.
Not only that, they use the same game, the same language, the same lipstick, highly likely even share a toothbrush and G-string.
I keep saying.
If everyone totally ignored these trolls.
No engagement, no arguing, no taking offence.
They will fuck off.
Nobody likes to perform to an empty theatre.
And don't quote their posts from other social media here.
Just ignore.
Simples
I had to laugh when he mentioned that Kong doesn't communicate with him anymore.
Why the fuck would Kong communicate with him?
No need, he served his purpose.
AVZ : " It follows that only a properly constituted arbitral tribunal has jurisdiction to overturn AVZI’s August 2021 acquisition of a further 15% interest in Dathcom from Dathomir. As far as AVZ is aware, no such arbitration proceedings have been commenced."
Can or will Cong go down this path ? Tie things up for many months to come ?We know the Chinese will not surrender and CAMI head and Cong are close .
Can or will Cong go down this path ? Tie things up for many months to come ?We know the Chinese will not surrender and CAMI head and Cong are close .
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It is good that the blocking by CAMI is being reported in the press.
Lithium Manono: Analysis of IGF reports and COMINERE accusations. Does the IGF give reason to AVZ, the silence of the Congolese government?
October 20, 2022Kiki Kienge
By Kiki Kienge
If we come back to his two files of the accusations of COMINIERE , a mining and commercial exploitation company under Congolese law, to the Australian-Americans of AVZ Minerals , in particular on the report of the IGF (General Inspectorate of Finances), it is simply because the start of work for the exploitation of lithium is blocked by the non-delivery of the exploitation permit to AVZ Minerals by the CAMI (mining cadastre).
It was following the report of the General Inspectorate of Finance on COMINIERE S. A that the lawyer for the Congolese mining company, Me Popol Muamba Mukengeshayi had reacted on Saturday July 30 of this year during a conference held in Kinshasa in the commune of Gombe.
Accusations of COMINIERE SA to AVZ Minerals
According to Me Popol Muamba Mukengeshayi on the feasibility study made by AVZ Minerals;“Under the terms of article 8.3 of the joint-venture contract, the feasibility study must be sent to COMINIERE for its opinion within a period not exceeding 15 months from the date of the start of its preparation. What was not done. It is only after request that we will be sent a feasibility study in English, contrary to our agreements. We may believe that our partner is acting in bad faith. We have never been informed of the level of investment committed by AVZ in DATHCOM MINING SA for carrying out the research work. All expenses incurred during operations were made in total opacity. COMINIERE learned through the media that amounts of around 30 to 70 million were used.
Me Popol Muamba Mukengeshayi speaks of lies on the sale of 5% of COMINIERE's shares in DATHCOM to MMS, he accuses AVZ Minerals of having included in the feasibility study the Mpiana Mwanga plant which is 100% owned by COMINIERE . Of the US$6,800,000 received from AVZ Minerals and already spent by COMINIERE, for the lawyer it is a non-refundable signature bonus as provided for in the provisions of the joint venture contract.
Me Popol Muamba Mukengeshayi denounces the management without the consultation of the other partners of the DATHCOM, he speaks in particular of the regularity on the sale of the 15% of the shares of the COMINIERE to the Chinese of the company JIN CHEN.
Me Popol Mutamba had concluded his accusations against AVZ Minerals as follows;
"By attempting to turn the signature bonus into a doorstep, by undermining DATHCOM's social governance, by intervening to prevent COMINIERE from regularly selling some of its shares to partners with genuine financial and technical capacity, by proof of opacity in the development of the feasibility study and by insisting on transferring more shares than those it holds, the company AVZ ceases to show good faith and jeopardizes the outcome of the project.
Report of the IGF (General Inspectorate of Finance)
This report was signed by Muhiya Lumbu Nicolas , Inspector General of Finance Head of Revenue and Tax Services Brigade and Jules Alingete Key , Inspector General of Finance and Head of Service. Here are a few passages.
On the "regularity" alleged by Me Popol Muamba Mukengeshayi of the transfer of the 15% of COMINIERE in DATHCOM Mining to ZIJIN Mining, the IGf had proved the opposite:
- The sale of the 15% of COMINIERE's shares in DATHCOM Mining to ZIJIN Mining was carried out in violation of the legal provisions on the withdrawal of the State from the companies in the Portfolio and caused, with regard to the assessments made in the study of feasibility, a significant shortfall for the Public Treasury estimated at US$116,560,000. It was a real sale of the State's mining heritage, for which you are responsible.
- Out of the total amount of proceeds from the sale of 15% of the shares, which amounts to US$33,440,000, you have already used approximately US$6,800,000 for operating needs to the detriment of productive investments, including USD 5,438,198 $US for commissions, collations, fees, exceptional remuneration of all those who would have contributed to the operation.
- The presumed free and provisional transfer of 5% of COMINIERE's shares in DATHCOM Mining to DATHOMIR Mining Sarl, but which with regard to the transfer contract, was final and irrevocable without the income from the transfer being traced to COMINIERE.
“The control team maintains the observation, because the Managing Director ai is effectively content to cede the mining rights without first valuing them. Aware that the partnerships initiated do not really benefit the State-owner, the Managing Director ai is embarrassed to display the meager results he has obtained. He was therefore unable to prove the contrary.
Remember that we are witnessing until today a total silence on the part of the government on the report of the IGFF. Is this a position taken by the Congolese government in favor of the Chinese ZIJIN Mining Ldt and against AVZ Minerals or the opposite?
JAG
Top 20
DiscoDanNZ
Regular
Can't trust anyone around here...
And don't even get me started on how he knew Luke and Leia were brother and sister yet he still let them make out the sicko.
And don't even get me started on how he knew Luke and Leia were brother and sister yet he still let them make out the sicko.
Interesting how certain posters don’t post for a while then 2 accounts suddenly post at the same time.
The games afoot Dr.Watson!!!!
MoneyBags1348
Top 20
JAG
Top 20
DiscoDanNZ
Regular
Here's something I noticed the other day and thought it was odd but it seems a lot more relevant today.
That same error on top of the fact neither of them (both of them/they/them/him/her?) have figured out how to reply to multiple messages at once resulting in double or triple posting and always appear within an hour or two of eachother seems odd. Similar sentence structure too.
Maybe I'm just paranoid, bored or feel like being painful today though, TGIF.
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