AVZ Discussion 2022

LOCKY82

Regular
Just to remember cath are happy to go to 9% so whatever happens we have 51% worst case and are majority shareholders!
 
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John25

Regular
Have a safe Weekend All
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CHB

Regular
All this talk about CATH just wanting offtake, then happy just having 9%.

Remember when they were happy to waive the ML requirements? Lol
 
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Miljew91

Regular
Found podcast with a legal perspective on our situation and it think it’s worth a listen. He starts talking about avz at the 12:10 mark. He said he had a podcast from yesterday about avz as well bu I can’t find it. I’ll try again later and post if I have any luck.


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Lichione

Regular
Agree, form a private group on something like Signal - end-to-end encryption, and invite only.

For now, I still back the cone of silence approach taken by AVZ, despite from time to time questioning my own judgement on whether I should trust them (I still bristle at the 2021 AGM shitshow, and semi-bristle at the 2022 AGM shut-down too). They have their backs to the wall at every turn fighting these cunts, but I think they have excellent legal strategic advice. This is clearly evident in their announcements, which are carefully crafted in legalese, beyond the comprehension of most (me included)
Totally agreed
 
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wombat74

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All this talk about CATH just wanting offtake, then happy just having 9%.

Remember when they were happy to waive the ML requirements? Lol
Very good point .Was that an attempted stitch up by Cath?
 

CHB

Regular
\
Very good point .Was that an attempted stitch up by Cath?
I don't think it's a stitch up, I just think it's games being played by our management.

Personally think their focus is on getting the ML (which it should be) and they just say whatever to appease shareholders.

Lets see if CATH takes a lower %
 
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Samus

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On this day of December 9, I invite all Congolese to fight corruption in #RDC for our collective well-being
@IgfRdc
 
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Bin59

Regular
Good point to remember (by Franck) :

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Charbella

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JAG

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Onthefm

Regular
N

Not that hard to spend share holders money. Can I have a go? But I might have 50 cents each way so I'll buy 3.8% ajn shares. Mmmm cunning plan I'll get on it.
 
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Onthefm

Regular
I don't think it's a stitch up, I just think it's games being played by our management.

Personally think their focus is on getting the ML (which it should be) and they just say whatever to appease shareholders.

Lets see if CATH takes a lower %
A game being played by our management. Your are definitely taking the piss . Our management have been PLAYED for the last 2 years. You don't get that. Jesus fucking christ?
 
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CHB

Regular
A game being played by our management. Your are definitely taking the piss . Our management have been PLAYED for the last 2 years. You don't get that. Jesus fucking christ?
I definitely get it.

Maybe game is the wrong word. But I definitely do think they like to try to quell shareholder anger by putting scenarios out there whether it is an actual possibility or not.
 
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JAG

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Just havin a few drinks and some fun on the bird….. goin off! The Jagster is bring some moves😎😂
Young Gifted And Black Dancing GIF by MOODMAN
 
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Samus

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"The problem of La Cominiere is a group of incorrigible financial delinquents"

Lithium Manono: Alingete denounces a media campaign by "financial criminals" to cover up the embezzlement and sell-off of Cominiere shares in Zijin and MMCS​

December 9, 2022
Kiki Kienge

By Kiki Kienge
“From US$154 million, his incorrigible offenders sold US$33.4 million (…) they even embezzled them from the state coffers. »
The Manono lithium affair in Tanganyika has become TV news for many Congolese media and journalists, who have read their articles and investigations well, confuse the Cominiere conflict, the Congolese state and the Chinese group Zijin with the company AVZ Minerals which has nothing to do with the sale of 15% and 5% of Congolese state assets.
As a reminder, AVZ bought its 15% from the Dathomir group of the Chinese Simon Cong to have its current 75%, the report of the IGF (General Inspectorate of Finance) speaks of the embezzlement of 116 million $US on the sale of 15% of the Cominiere to the Chinese group, Zijin and 5% given at US$0 to MMCS.
This media amalgamation is not out of unconsciousness or ignorance of the case by its media and journalists, but a dark financial hand is hiding behind this campaign in order to create confusion in the Cominiere affair.
In short, the Congolese state lost $116 million in the sale with the endorsement and blessing of the portfolio ministry, as these documents show below, of the 15% of Cominiere to the Chinese of Zijin and 5% to $0 to MMCS.
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Zijin acknowledged the scheming and asked to reimburse without compensation, they even offered to leave Dathcom for another site, since they were aware of their fraud in the "purchase" of 15% of the Congolese State.
$AVZ has nothing to do with this fraud.
The IGF report speaks of Cominiere, Zijin and the portfolio ministry and not of AVZ Minerals, which is waiting for its exploitation permit to be blocked by the CEO of CAMI for some unknown reason.
Here is the message of the head of the IGF, Alingete translated into French by our editorial staff:
“It is necessary that you understand that we of the General Inspectorate of Finance (IGF), if we give you a report and that we publish it, you must believe since we are agents of the truth.
The problem of La Cominiere is a group of incorrigible financial offenders, while the head of state asks them to align themselves with the vision of good governance to give Congo a chance. Give the chance to the Congolese men and women so that tomorrow they can live in good conditions, this group of incorrigible financial delinquents open their eyes but do not want to see, they pull their ears like people who listen, but do not listen. Because in their hearts they always have plans to strike (embezzlement) against public finances.
The problem of the Cominiere is that its incorrigible financial delinquents have created a (mafia) group.
Know that lithium deposits, lithium is used for the manufacture of electric batteries, a deposit of the future.
They (the incorrigible financial offenders got together and sold the assets of the Congolese State in La Cominiere. Its assets were worth US$154 million, its incorrigible offenders sold it for US$33.4 million.
When people like that sell assets worth 154 million to 33.4 million, it means they have their stake in it. In addition to the US$33 million, instead of being used for the development of La Cominiere, they even diverted them from the state coffers.
Now if the inspectors discover their scheming and give them a public show, they begin to send their puppets (journalists and media), members of their families, their room boys to entertain on the television channels.
We must not follow them, we must only remember that they sold the assets of the Congolese State which had a value of 154 million $US to 33.4 million $US.
They sold those assets on September 21, 2021, only a year ago. Everyone can go see September 21, 2021 who was there and sold.
They speak, but do not know that Justice has already arrested those responsible for the Cominiere, while they are the intellectual and main authors that the others pay in prison.
You have to believe them, because it's the bone that gets stuck in their throat (…) they are real incorrigible financial bandits, we won't get tired, we won't let them go.
That's our job, the President of the Republic gave us this mission. »

“We have tried to remain faithful in the translation from Lingala into French to the message of Jules Alingete, any error of interpretation (if he would have) is voluntary and please accept our apologies in advance. » The editorial staff of KongoPress.

 
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JAG

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JAG

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JAG

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Jack Black GIF


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JAG

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