MoneyBags1348
Top 20
By the way, now that I’ve seen Nells…. Can we change the bridge race to something more along these lines
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Samus
Top 20
Also the original article states:Sam, a couple of things about that article….
The IGF (General Inspectorate of Finance), declared the sale by Cominiere to Zigin as fraudulent, not respecting Congolese law and violating the pre-emption rights AVZ Minerals:
"The transfer of the 15% of COMINIERE's shares in DATHCOM Mining to ZIJIN Mining was carried out in violation of the legal provisions on the disengagement of the State from the Portfolio companies (...)"
Following that, Civil Society NGOs accused the managers of COMINIERE SA (Congolese de l'exploitation minière) of mismanagement and selling off the Congolese state's mining assets, and stated:
"There is the inability of the a.i CEO of the COMINIERE company to ensure the protection of the state's mining heritage in the exploitation of Congolese lithium (...) The giants Zijin, Dathomir and Canadians are fighting clumsily at United Cominiere.
Given the slowness and "negligeny" of the case, the IGF (General Inspectorate of Finance), on October 19, 2022 notified the NGOs that they had already delegated the COMINIERE and DATHCOM case since April 21, 2022 to the Gombe High Court in Kinshasa for legal action.
A copy of the IGF Report was sent to the Attorney General near the Court of Cassation, in connection with what is being discussed on the sidelines.
“The file was transmitted to the Office of the Attorney General near the Court of Appeal of the Gombe for disposition and jurisdiction. ”
The IGF Report charged Athanase Mwamba Misao with mismanagement and selling off Cominiere’s assets…. I don’t know how or if he is still the MD of Cominiere…. but here’s a couple of links to refresh memories:
Lithium de Manono : Jules Alingete charge le DG a.i. de la COMINIERE pour bradage et mauvaise gestion - L'Info qui fait écho
Depuis quelques mois, le consortium « LA RDC ET SON PEUPLE D’ABORD », constitué d’organisations non gouvernementales et médias membres de la coalition « TOUS POUR LA RDC »,…econewsrdc.com
AVZ Discussion 2022
The blood letting of MPs and reshuffle can't be good for trying to get all this progressed quickly. It's another spanner in the works, even though in the long run it should be better for DRC and us Whilst likely, the other side of the coin is new MP's would be looking to make a mark early...thestockexchange.com.au
L'IGF notifie les ONG sur le dépôt du dossier COMINIERE et DATHCOM à la cour d'appel de la Gombe depuis le 21 avril 2022 - Kongo Presse
Par Kiki Kienge Un dossier sur le lithium de Manono dans la province du Tanganyika, qui fait couler beaucoup d’encre et en ce moment fait bouger le monde politique, économique…kongopress.com
And here’s a picture of those Cominiere scumbags eyeing off some of our drill cores
View attachment 22886
' 'The file had been brought to the attention of former Prime Minister Ilunga Ilu Nkamba. The latter had qualified this memorandum of understanding as illegal ''
Former prime minister looking for some Chinese takeaway?
Anyway whatever the whole thing is just exasperating, when is somebody with real power going to put a stop to it and insist on award of the licence? Ffs.
John25
Regular
Can team yourself up with @Novacastrien Bags ….you can start practicing ASAP …ML imminent
What's the connection ? RNU is an Aussie based graphite / gold explorer .
Winenut
GO AVZ!!!!
I'm going to recommend TSE administrators add a "creep" emoji so I can suitably respond to postsRightyo! Well looks like I'm moving to Story Bridge wherever that is, until the foreseeable future or until the ML is awarded.
Winenut
GO AVZ!!!!
There is none
He's havin' a laff at the outcomes on a couple of his holdings
Just a bit of fun
A lot of RNU in stock disclosures on TSE, it is the other end of the battery! Was made aware of RNU on TSE "other stocks of interest" thread.
Xerof
Flaming 1967
I've been waiting to buy RNU with cash from a modest AVZ liquidation, since when it was 16 cents. Fuck'n cunts.
"Always said ML for us and approval for RNU would happen together. "
Ok . Hope it goes well for you .
Samus
Top 20
I sold mine to buy AVZ
Worked out alright for a while there.
Now we're stuck in this shitbox.
Xerof
Flaming 1967
I suspect you did the right thing mate at least I'm fucking hoping soI sold mine to buy AVZ
Worked out alright for a while there.
Now we're stuck in this shitbox.
Samus
Top 20
Same
Haha, classic comment Xerof! I have a 30k trading parcel tied up in AVZ, would be worth 100k if I could have accessed when I wanted it with this new news out of RNU probably 150k! Oh well, will probably work out for the best if you believe young Nigel.
Goldbarr
Emerged
Ill take her contributions over your whining any dayCongratulations on your useless contribution imo
MoneyBags1348
Top 20
Also the original article states:
' 'The file had been brought to the attention of former Prime Minister Ilunga Ilu Nkamba. The latter had qualified this memorandum of understanding as illegal ''
Former prime minister looking for some Chinese takeaway?
Anyway whatever the whole thing is just exasperating, when is somebody with real power going to put a stop to it and insist on award of the licence? Ffs.
Yes, frustrating is an understatement Sam…. Cominiere have tried multiple attacks and diversionary tactics against us
Selling to Zigin
Denying our pre-emptive rights
Saying we didn’t include them in DFS
Saying we never sent them the DFS
Saying they only lent shares to Dathomir
Saying we haven’t spent capital on the project
Now it’s all about the hydro rehabilitation
All lies, and no doubt Athanase is in collusion with Lukonde, Kayinda, Cong, Mupande and Zigin.
Makes it hard for Felix to get them all convicted of corruption, but if he doesn’t do it soon the spotlight will turn on him.
I did the same with $100k of my EXR holding as the AVZ price dropped from low 90's to low 80'sI sold mine to buy AVZ
Worked out alright for a while there.
Now we're stuck in this shitbox.
Both have great natural resources, but fuck me dead I'd love AVZ even more if it's management were anything like EXR
Good luck to those doing it tough because of the suspension, hoping this is the dark before a fucking glorious dawn
Similar threads
