AVZ Discussion 2022

[DiscoDanNZ]

Agreed

I am sure everyone is incredibly appreciative of the work Franck has done to shine a light on the awful state of corruption in the DRC

Unfortunately it would not be appropriate to provide him with any substantial gifts right now.....it's just not the right look

I do think we could get collectively put together a letter of appreciation and thanks and also individually those on the bird could send messages of support and appreciation for the work he has done and also recognise and note his strength of character and moral integrity in facing up to the corruption in his country

That said I do believe there will come a time in the future where a small gift or token of appreciation for Franck would not be considered inappropriate

In much the same way as is customary for the volunteer sports coach to receive a bottle of wine or some chocolates or a modest dinner voucher at the end of a season

We could fly him in for a $5 boats and hoes party as the honorary speaker then it's not a bribe. Wouldn't want to culture shock him at the $2 tranny party.

 

[MoneyBags1348]

Agreed

I am sure everyone is incredibly appreciative of the work Franck has done to shine a light on the awful state of corruption in the DRC

Unfortunately it would not be appropriate to provide him with any substantial gifts right now.....it's just not the right look

I do think we could get collectively put together a letter of appreciation and thanks and also individually those on the bird could send messages of support and appreciation for the work he has done and also recognise and note his strength of character and moral integrity in facing up to the corruption in his country

That said I do believe there will come a time in the future where a small gift or token of appreciation for Franck would not be considered inappropriate

In much the same way as is customary for the volunteer sports coach to receive a bottle of wine or some chocolates or a modest dinner voucher at the end of a season

How about a dozen of @JAG’s lobsters and poster of Nells…. If you send them to me I’ll be sure Frank gets them

 

[JAG]

How about a dozen of @JAG’s lobsters and poster of Nells…. If you send them to me I’ll be sure Frank gets them

Talking of crays…… think I’ll join my brother in law for another catch tomorrow morning then hit the BBQ

 

[oxxa23]

To start with, nobody is guilty until proven, that is a normal process.

The Cominiere heads are not accused of wrongly selling assets, but 'poor management of the proceeds', according to these reports.

Will the accused throw the MoP under the bus while defending themselves? Who knows? How can they?

The MoP stays clear at this stage, she approved the sale of assets, on advice of Cominiere.
The illegal part of this is not her approving, but Cominiere giving ill advice for reasons known to the BoD of Cominiere.
She has to deal with Cominiere, giving her wrong advice,

To be extremely honest, I don't give a rat's arse what Cominiere does with any sale proceeds, that has nothing to do with AVZ, but is DRC's business.

What I want to see is the DRC denouncing the Bullshit, declared by the MoP (on advice from Cominiere) and recognition by the DRC Government, that AVZ legally holds title over 75% of Dathcom and has a valid MOU over MM Powerplant and the ML and EP over the entire 188 squares of 13359 and not 139 squares as per CAMI map.

The rest is DRC's Days of my life nonsense noise and annoys the hell out of me.

I have to say Felix's process is the right process:
1: First remove the bad actors in the Judiciary.
2: Challenge the corrupt individuals through the court system.

This process will take more than 1 day.

He has to act above board, otherwise he can be accused of continuing with a dishonest process.

Just my 2 bob worth.

don't know cruiser, although just a headline here, this is suggesting was arrested for the sale...

 

[BEISHA]

All I want for Christmas is to throat punch every person on moneybags list

 

[BEISHA]

FMD; TSE has also become unreadable..... For those whom want to end of all, just get it over with; just grab a pineapple with another TSE equal, cross arms and ram those pineapples up your asses ; be free...

It's like listening to some bird with a 35 day a month period

CORRECTION...................HOT CRAPPER IS UNREADABLE, has been that way for a looooong time, also infested with cockroaches , turds . trolls and multi nics.

TSE is the most informed forum going around, passionate longs sharing their intel, thoughts, laughter and emotions.......beats the crapper any day !!

After 8 months of conspiracy theories, french translation, misinformation, everybody is entitled to feel weary, wary, bemused, disgruntled, .........stale ..............everyone is human here, not robots.

No disrespect.................but get a grip and pull yourself together.........you are better than that.

Just sayin.

 

[BEISHA]

Here's a good one for you :

Tribune: AVZ transfers 24% of Dathcom shares to CATH. Have the pre-emption rights which give priority to other shareholders been respected? Has the approval of the shareholders' meeting been obtained?​

According to AVZ's announcement on November 23 on the Australian Stock Exchange (AXS), AVZ owns 75% of Dathcom shares, still retains 51% after transferring 24% to CATH, and AVZ acquires 15% of Dathcom shares. held by Cominière, which ultimately enabled it to hold 66% of the shares.

AVZ's announcements are a contempt of the judgment of the DRC court, a contempt for the DRC government, an arrogance to other shareholders and a deception of the stock market and investors.

According to the court judgment, AVZ's contract for the transfer of 15% of Dathcom's shares with Dathomir was terminated on May 14, 2021, and the general manager of Dathcom, appointed by AVZ, was sentenced for falsifying certificates of shareholders and shareholder registers.

The transfer of 24% of the shares of Dathcom by AVZ to CATH was illegal, and did not comply with the provisions of the Joint-Venture Agreement concerning the right of first refusal which gives priority of purchase to the other shareholders. Moreover, it did not obtain the approval of the shareholders' meeting.

On November 7, 2022, Her Excellency the Minister of State, Minister of the Portfolio held a press conference and announced that the interests of the State defended through COMINIERE, that moreover AVZ has not undertaken anything on the ground since joining Dathcom Mine 6 years ago. Therefore, AVZ's acquisition of Dathcom's 15% stake from COMINIERE is a lie.
C/P Kambale Kakule Christian

Tribune : AVZ transfère 24% des actions de Dathcom à CATH. Est ce que les droits de préemption qui donne priorité aux autres actionnaires ont été respectés? Est ce que l’approbation de l’assemblée des actionnaires a été obtenue ?

Selon l’annonce d’AVZ à la date 23 novembre à la Bourse australienne (AXS), AVZ détient 75% des actions de Dathcom, conserve encore 51% après avoir transféré 24% à CATH, et AVZ acquiert 15% des actions de Dathcom détenues par Cominière, ce qui lui permet de détenir finalement 66% d’actions .

7sur7.cd

 

[BEISHA]

View attachment 22926

 

[Samus]

View attachment 22945

Indeed, perhaps also good news for us given MoP (the green mamba) seems to be digging herself a big hole:

'On November 7, 2022, Her Excellency the Minister of State, Minister of the Portfolio held a press conference and announced that the interests of the State defended through COMINIERE, that moreover AVZ has not undertaken anything on the ground since joining Dathcom Mine 6 years ago.'

Wonder if that is the same COMINIERE whose executives are said to have been arrested for illegally selling Dathcom shares to Zigin Mining for peanuts on the dollar and then keeping the money for themselves

Should be an interesting weekend starting tonight when hopefully some local articles go into more detail on these charges.



The CEO and the DT of Cominiere were finally arrested by the courts for having, according to the documented report of the IGF, sold at a low price, the shares of this state-owned company in a large lithium project. We demanded their arrest earlier. At the Min portfolio to prepare.

 

[Winenut]

Indeed, perhaps also good news for us given MoP (the green mamba) seems to be digging herself a big hole:

'On November 7, 2022, Her Excellency the Minister of State, Minister of the Portfolio held a press conference and announced that the interests of the State defended through COMINIERE, that moreover AVZ has not undertaken anything on the ground since joining Dathcom Mine 6 years ago.'

Wonder if that is the same COMINIERE whose executives are said to have been arrested for illegally selling Dathcom shares to Zigin Mining for peanuts on the dollar and then keeping the money for themselves

Should be an interesting weekend starting tonight when hopefully some local articles go into more detail on these charges.



The CEO and the DT of Cominiere were finally arrested by the courts for having, according to the documented report of the IGF, sold at a low price, the shares of this state-owned company in a large lithium project. We demanded their arrest earlier. At the Min portfolio to prepare.

My only issue is they haven't said the sale was illegal and should not have been allowed....they're basically saying the people involved sold it at a low price and maybe squandered or misused the proceeds

There seems to be no voice at the moment saying the sale will not be allowed to stand or that it will be overturned

 

[Samus]

My only issue is they haven't said the sale was illegal and should not have been allowed....they're basically saying the people involved sold it at a low price and maybe squandered or misused the proceeds

There seems to be no voice at the moment saying the sale will not be allowed to stand or that it will be overturned

Hopefully some more details forthcoming, only so much you can fit in a tweet. These NGO's seem to be on top of the details for the most part.

3. TO THE MINISTER OF PORTFOLIO
- To stop sowing confusion and playing a role that blocks the development of the mining project of
Dathcom Mining SA and take into account the conclusions of the IGF roadmap (Report) on
his bad role in the illegal sale of 15% of the shares to a Zijin company as well as the sell-off
of the assets of Cominière SA by its interim management, then draw all the conclusions of fact
and by law;
- To respect and support the Memorandum of Understanding signed by the Government of the Republic,
through the Minister in charge of the energy sector, and AVZ POWER SAU for the rehabilitation of
Mpiana-Mwanga power stations;
- To stop taking sides with a private company (Dathomir Mining Resources SARLU) in its
commercial dispute with AVZ International Pty Ltd nor for the Chinese group Zijin, beneficiary of a
sale of Cominière SA shares qualified as illegal by the Report of the General Inspectorate of
Finance, with all the risks of undermining the efforts of His Excellency Mr.
President of the Republic and Head of State for a healthier business climate and the rule of law;
- To proceed urgently, in the name of the higher interest of the nation and in respect of the vision
of the Head of State, to the recruitment by selective test of State agents who can manage
rationally with productive governance this state mining company whose assets
serve only a small group of individuals identified by reports from other organizations not
governmental.

La Société civile pointe le coupable et se mobilise pour sauver le projet d’exploitation du lithium de Manono - L'info qui fait échos

Le projet d’exploitation du lithium de Manono, dans la province du Tanganyika, piétine. Et la Société civile, évoluant dans le secteur des ressources naturelles, n’hésite <a class="mh-excerpt-more"...

econewsrdc.com

 

[JAG]

Hmm

 

[wombat74]

This all looks promising. Is our only source Twitter ? If so I call it BS until proven otherwise. A warrant for their arrest . Where's the photos? I'm guessing they aren't hiding out in mountains with the gorillas .

 

[JNRB]

I'm not sure gifts to Frank is the right appearance to thanks him for reporting on corruption and gifts...

Maybe a donation to charity of his choice...

I think people took the idea of a gift a little too literally.

But donating to a charity he wants to support is a great idea.
Is anyone on here in contact with him?

 

[JNRB]

My only issue is they haven't said the sale was illegal and should not have been allowed....they're basically saying the people involved sold it at a low price and maybe squandered or misused the proceeds

There seems to be no voice at the moment saying the sale will not be allowed to stand or that it will be overturned

I didn't want to be a downer but yeah I was thinking the same.
It's good to get these crooks out but hopefully we're still able to unwind the dodgy actions that got then in trouble.
We shall see.

 

[JAG]

 

[BEISHA]

View attachment 22952

" He accuses them of mismanagement of funds resulting from the sale of 15% of shares to a chinese coy "

I gotta agree with @Winenut , concerns me that it only references " mismanagement " of the sale, not the ILLEGAL SALE in itself.

I got a giggle when it states COMINIERE is only a " young " coy, formulated in 2010............its fucking 12 yrs in existence and should know the LAW ...............young or old !!!


What a disgrace this coy is .........an indictment to the DRC and a juxtaposition to what Felix is trying to sell to the world !!

imo

 

[Spikerama]

I think people took the idea of a gift a little too literally.

But donating to a charity he wants to support is a great idea.
Is anyone on here in contact with hi

I would recommend not even suggesting gifts or donations or anything connected to Franck at this point.

Unlike a volunteer school coach Franck is a journalist who has the ability to influence en masse. So it would be wise for him to not be seen to be influenced by wagers, charity et al

Just saying.

Do what I did and get on the bird and personally thank him for all his efforts. He would appreciate it I'm sure.

 

[Samus]

Anyone else reading so much French that their phone now wants to translate everything to French all of the time?

 

[9cardomaha]

This all looks promising. Is our only source Twitter ? If so I call it BS until proven otherwise. A warrant for their arrest . Where's the photos? I'm guessing they aren't hiding out in mountains with the gorillas .

The news is pretty hard not to be positive on, so maybe some upper class pink salt? I'll share with you Wombat and any others who would like a pinch just to tide us over till something outside of twitter confirms