AVZ Discussion 2022
- Thread starter GazDix
- Start date
I recon your about right mate. the real perpetrators of this fraud are tight lipped and in the shadows under their rocks and out of public view. But pulling all the strings.
Frank
Top 20
The green witch is in trouble!
Manono's lithium file: Speculators and multinationals in search of financing at the base of the delay - The Dircab Clément Mushengezi fixes the opinion
Upon her accession to the Ministry of the Portfolio of the Democratic Republic of Congo (DRC), Her Highness Princess Adèle Kayinda Mahina, began first by making an inventory of the public companies under supervision before administering shock therapy to all these “lame ducks” including the Congolese mining company (COMINIERE), a semi-public limited company, according to OHADA business law, created on April 12, 2010 following the decision of the General Assembly of shareholders namely, the Ministry of Portfolio and the National Social Security Fund (CNSS).
The purpose of the company, both for itself and on behalf of third parties, is to carry out all study, prospecting, research and mining operations for tin, colombo-tantalite, and all transferable and recoverable mineral substances as well as all operations of concentration and metallurgical and chemical treatment, transformation, export marketing of these substances and their derivatives, mining engineering and all operations likely to promote the achievement of the social object.
And generally, all financial, commercial, industrial, movable and immovable transactions, all acquisition of interests or holdings, in any form whatsoever, in any company or company existing or to be created that may be directly or indirectly related to the object if above or to any similar or related object, likely to promote its realization, its extension or its development.
The share capital of COMINIERE SA is 90% owned by the Congolese State through the eponymous ministry and 10% by the former INSS.
The press has made it its bold picks lately. We are in 2022, more than 10 years after its creation, nothing has been done for its development while in the bowels of the old mining town of Manono (Editor's note: Territory located in the province of Tanganyika, born following the sharing , in 2015, in four of Katanga, a region in the south-east of the DRC abounding in minerals, copper and cobalt in particular.
Manono was created at the beginning of the 20th century, with the exploitation by Belgian settlers of a deposit of cassiterite, the ore of tin), lithium, the metal that has become the star of electric car batteries, has been discovered in an old and vast cassiterite quarry called “Roche Dure”, potentially one of the largest deposits of pegmatite LCT (lithium, cesium, tantalum) rich in lithium in the world.
“There is even talk of reserves estimated at more than 1.5 billion tons of this precious mineral. It is the future of the country that is at stake here in Manono.
If all the companies participating in the joint venture are serious, once the Manono lithium project reaches maturity, the entire Tanganyika region and its surroundings will undergo a real economic and social transformation.
Unfortunately, this is not yet the case and we have to make allowances”, declared Clément Mushengezi Cirhuza, former Director of Cabinet at the Ministry of the Portfolio, speaking on the antennas of the Congolese National Radio and Television (RTNC). .
For the record, AVZ entered the partnership in 2017 with 60% of the shares; COMMINIERE, as a public company, 30% at; and DATHOMIR 10%. AVZ had a duty to seek funding to develop these mining projects. Five (5) years later, there is still nothing. It is in this situation that Minister of State Adèle Kayinda Mahina arrives on Wagenia Avenue in 2021.
Having noted this lethargy, the warrior will decide to revitalize the activities of this important company in the State portfolio which holds the one of the most important lithium mines which can help the development of electric batteries in the DRC.
But unfortunately, nothing was done”, specified the Dircab of the Minister of State Adèle Kayinda who, at the time, had breathed new life into this company before setting two objectives for its management: 1) To revitalize its main activities and, 2) Advancing the Manono lithium project.
To do this, the boss of the Portfolio will accept, after discharge from the Council of Ministers, that another partner joins the project to provide the necessary funding sought.
This is Zijing who has already proven itself elsewhere.
It should be recalled with the Dircab Clément Mushengezi Cirhuza that for the majority of the projects to be developed here in the DRC, both natural and legal persons often come as speculators, they raise funds internationally and leave with it by enriching themselves on the back of the Congolese.
Observation: The Congolese State is still in this state of non-development of its mines.
The Congolese people in general and those of Tanganyika in particular do not benefit from this. The representations of the people including Célestin Mbuyu Kabango, Martin Kabwelulu Labilo, former minister of Mines, even came to Kinshasa, the capital, to both complain and denounce this sad situation.
In short, Adèle Kayinda Mahina, according to the words of Director Clément, is a hardworking, fervent Christian, honest and honest woman.
She never accepts compromises with regard to her dignity and her Christian values.
She is moreover Princess, dignified and a woman of values.
As such, Kayinda Mahina Adèle is very uncompromising.
“This whole campaign of demonization is only the fruit of the wickedness of people who only see their selfish interests in danger”, he concluded before shouting haro on the speculators.
www.geopolismagazine.net/dossier-lithium-de-manono-speculateurs-et-multinationales-en-quete-de-financement-a-la-base-du-retard-le-dircab-clement-mushengezi-fixe-lopinion/
Samus
Top 20
Alingete resents Adèle Kayinda with unreliable reports in COMMINIERE case
ADMIN DECEMBER 5, 2022 3 MIN READ
A fake news industry set up to destabilize Princess Adèle Kayinda
As the elections approach, the industry of fake news, cabals and gratuitous accusations are running at full speed. From this industry came a shameless accusation fomented for the sole purpose of smearing and tarnishing the honor of the Minister of State in charge of the Portfolio, Adèle Kayinda, pillar of the government for the reform of public enterprises.
A group of twelve NGOs wanted to offer the skin of the min'Etat to the Portfolio by relaying, in a press release, fake news according to which Adèle Kayinda actively participated in the selling off of the Congolese exploitation's heritage. mining (COMMINIERE), a public company whose shares are shared between the government (90%) and the National Social Security Fund (10%).
Thus, these NGOs called for the dismissal of Adèle Kayinda.
Sleuths believe that this press release constitutes an “attempt at media lynching made in a language of despair to undermine the image, dignity and honor of Princess Adèle Kayinda”.
They explained that concerning the COMMINIERE, investigations were carried out both by the General Inspectorate of Finance (IGF) and other authorized public structures, reports drawn up and presented to the Prime Minister for assessment and for decisions which impose.
None of these investigations, affirmed concordant sources, concluded on the implication of the person of Adèle Kayinda in the selling off of the heritage of this public company.
They recalled that by decision of the Prime Minister, Sama Lukonde, public companies have been authorized to associate with private capital or foreign direct investment (FDI), through joint ventures, for the development of strategic minerals.
“It is this reform, led by Adèle Kayinda within COMMINIERE, which is pushing under-informed people to cry out, without reason, for the selling off of this public company”, our sources maintained.
And to specify:
"When one knows the functioning of the structures of the government of the Republic, it is unwise to consider that a minister, even a minister of state, has the power to initiate alone such a reform which affects the life of the State, public finances and the lives of citizens on major mining projects that take an average of 30 years to complete”.
Even her own party has given up on her?Attachments
Last edited:
dont think that will happen. They are trying to address corruption, this scenario will only feed in to the narrative of the political opposition.
LOL . That would be Chinese Yuan . Peter Clark . You should have gone with Tom Smith .
DiscoDanNZ
Regular
Alingete resents Adèle Kayinda with unreliable reports in COMMINIERE case
ADMIN DECEMBER 5, 2022 3 MIN READ
A fake news industry set up to destabilize Princess Adèle Kayinda
As the elections approach, the industry of fake news, cabals and gratuitous accusations are running at full speed. From this industry came a shameless accusation fomented for the sole purpose of smearing and tarnishing the honor of the Minister of State in charge of the Portfolio, Adèle Kayinda, pillar of the government for the reform of public enterprises.
A group of twelve NGOs wanted to offer the skin of the min'Etat to the Portfolio by relaying, in a press release, fake news according to which Adèle Kayinda actively participated in the selling off of the Congolese exploitation's heritage. mining (COMMINIERE), a public company whose shares are shared between the government (90%) and the National Social Security Fund (10%).
Thus, these NGOs called for the dismissal of Adèle Kayinda.
Sleuths believe that this press release constitutes an “attempt at media lynching made in a language of despair to undermine the image, dignity and honor of Princess Adèle Kayinda”.
They explained that concerning the COMMINIERE, investigations were carried out both by the General Inspectorate of Finance (IGF) and other authorized public structures, reports drawn up and presented to the Prime Minister for assessment and for decisions which impose.
None of these investigations, affirmed concordant sources, concluded on the implication of the person of Adèle Kayinda in the selling off of the heritage of this public company.
They recalled that by decision of the Prime Minister, Sama Lukonde, public companies have been authorized to associate with private capital or foreign direct investment (FDI), through joint ventures, for the development of strategic minerals.
“It is this reform, led by Adèle Kayinda within COMMINIERE, which is pushing under-informed people to cry out, without reason, for the selling off of this public company”, our sources maintained.
And to specify:
"When one knows the functioning of the structures of the government of the Republic, it is unwise to consider that a minister, even a minister of state, has the power to initiate alone such a reform which affects the life of the State, public finances and the lives of citizens on major mining projects that take an average of 30 years to complete”.
Hang on so all the independent reports and media articles calling out her corrupt dealings are just fake news? So her signature on dodgy deals are fake?
She's still claiming AVZ has done nothing.
How stupid is that when all the documentation is publicly available!
Surely even DRC isn't corrupt enough for this to have any legs to stand on.
"Surely even DRC isn't corrupt enough for this to have any legs to stand on"
And yet they probably are.
Let me fix this for you:
"Good morning everyone except AVZ shareholders."
I've started the search for your last hope.
Mate, go back and read the tweet again from the party communicator. He is clearly condemning her for challenging Alingete’s report in public.no they giving her back up. saying alingete (IGF) wants to discredit her and shoot against him. I just thinking the last few hours about that shit with the following thoughts:
-avz waiting for the mining license since may 2021, spend 100 million in the project and have a partner with enought money to develop the project since september 2021
--> avz ready to go for over one year now and only waiting for the license, taxes for the DRC and benefit for the people of manono
-but instead a lot of people say avz have done nothing, a important minister gives a fuck about a legal 15% deal with dathomir, but selling illegal 15% to zijin for peanuts and praise zijin as the rescue hero of the project. What the fuck is wrong with you?!
--> the two guys from cominiere who give the power station for free to zijin, blocked avz and helped her, are getting arrested after months of knowledge, the prime minister think everything she is doing is ok for him instead of talking about the real facts that she sold 15% cheap to zijin and 5% free to MMCS. To left the DRC with 5%. Unbelievable, i wonder why he is compliant with that shit. a rogue who thinks evil
-this prime minister was a general manager of a big corrupt company and was appointed to this position from the President Felix in 2019 and appointed to the prime minister in 2021
-the minister of portfolio dont get fired by the president or the prime minister after accusing of missmanagment by the toothless tiger the IGF, instead she shooting against the IGF and a lot NGOs, because she is a beautiful christian princess who did not doing anything wrong
-cami blocked us too, we dont really know why, maybe because of the nothern tenement, maybe because of the who owns what problem
--> but the interesting thing is, when this is true, why did nobody say anyhing agains the DG of cami? President? Prime Minister? Minister of Mines? and solve that problem that all partys can benefit
Ok, one thing is sure, their real motivation is not to help their country, they would all act in a complete different way when this would be the case.
Against AVZ:
-No person of the government ever had a good word for us or said they would help us.
-We lost all court cases against zijin or dathomir
-AVZ never talked about the problems, for the pain of the shareholders, which brings us in this situation
-after 7 months no timetable for a close solution
-big boys have enought money for the long game, we not and spending more than 20 million per quarter
-a lot of fluffy unicorns over the last few years, last unicorns given to us a few weeks ago at the roadshows
Pro Avz:
-Main sponsor of the Mining Week 2023
-contract with one of the richest man (nr. 225) on earth, who hopefully have a idea to help us
-money for construction when license is really given
-clarke 100% confident of sez and collaboration agreement and Nigel confident of trading again soon ( 7 weeks ago, fluffy unicorn again?)
-the cominiere block maybe removed now???
Possibilities:
1. Drc gives a fuck and screw us over, they will find other companies that will invest, no australien, maybe no europe but there will always be a chinese one. The DRC image will damage, but they still have no good image, so who cares? in the end they say its our fault. illegal acquirement
2. AVZ really get the mining license, but after 20/7 months i have my doubts about this now
3. behind the scences they give us a chance to sell it cheap
4. they will drag it as long as possibile until we got delisted or give up to sell it cheap, but this could take more than a year from now. and the question....will anybody buy it when we are in suspension?
1. they pineappled us the hard way 2. hopefully 3. shit but we get some money back 4. super frustrating shit to wait so long to get some money back
For the moment no chance of find out whats really going on, only have some unicorns and a few wink winks.
Conclusion: Mindfuck, waiting for extension after extension after extension after extension to have a solution one day. Or maybe tomorrow? In this time everyone get headache of finding some informations on twitter until hopefully not the first suicides begins (german forum guy or girl spokes about this in a way that seemed serious -.-)
so nigel cmon! what ever you and the management have done to bring us in this situation, you said you only need to pay the surface rights in may! people relied on it that this is the truth! some are beginning to become mentally unhealthy and in a part you are responsible for it!
Last edited:
LOCKY82
Regular
Jesus this 7sur7 crowd are having a right crack 
God loves a trier
7sur7.cd
God loves a trier
Mine de lithium de Manono - Violations du contrat de JV par AVZ : la COMINIERE a le droit de récupérer les droits miniers qui font l’objet de son apport (tribune)
Selon l'annonce de AVZ à la bourse australienne (ASX), AVZ a soumis l'étude de faisabilité finale de Dathcom au ministère des Mines en avril 2021 et a reçu l'avis favorable du ministère des Mines.
Similar threads
