AVZ Discussion 2022

[Frank]

I liked this part :

Mr.Pei states
“thank fuck these Zimbabwean bastards aren’t tripping over paper bags to bribe at every single junction in the development like those corrupt cretins I’m dealing with in the DRC, AVZ the company we JV with are struggling to buy coffee without being rat-fucked by some corrupt Cominiere or CAMI snack laden, diabetes ridden, shit-stain. We just want to build a mine then expand until we control the lithium game with AVZ, sexy sexy beasts we are really. AVZ by the way, I was amazed and aroused in equal amounts as they have an extremely disproportionate number of extremely good looking and gobsmackingly handsome shareholders”.

I reckon he reads tse too as he used rat-fucked

January 20, 2019 - January 20, 2023: Félix Tshisekedi, 4 years already in power

After the provisional results of the Independent National Electoral Commission (Céni), the Constitutional Court confirmed, on January 20, 2019, the same results, after the appeal of the opponent Martin Fayulu.

And the Democratic Republic of Congo had known, finally, the successor of Joseph Kabila, namely Félix Tshisekedi, proclaimed winner of the presidential election. Today, he has four years in power.

At 55, Fatshi succeeded outgoing head of state Joseph Kabila, in power since January 26, 2001.

It was the first peaceful transfer of power since the independence of the DRC on June 30, 1960.

The Court had therefore validated as such the provisional results announced on January 10 by the Independent National Electoral Commission, giving Tshisekedi the winner with 38.5% of the vote, ahead of Martin Fayulu (34.8%) and the government candidate, Emmanuel Ramazani Shadary. (23%).

At the end of the appeal brought by the candidate of Lamuka, in his judgment read by Judge Noël Kilomba, the highest court of the country had considered that Martin Fayulu had "not provided proof" that the results announced by the National Electoral Commission independent were not in line with reality, but Fayulu was not satisfied.

"I now consider myself the only legitimate president of the DRC," he said, just after the Constitutional Court's announcement.

Supporters of Felix Tshisekedi exploded with joy and the messages of congratulations followed.

First country, South Africa, which called on "all stakeholders in the DRC to respect the decision of the Constitutional Court" despite the reservations expressed by the African Union and the European Union.

Covid and the war in the East are obstructing

A year after taking power, Fatshi's tenure was rocked by the Covid-19 pandemic that paralyzed the entire planet.

Shaken economy, some cities confined for months, the country has been idling.

As if that were not enough, the M23 returned to paralyze some territories in the province of North Kivu.

These elements killed, kidnapped and looted the civilian population, thus hindering the realization of Felix Tshisekedi's program.

Other collaborators of the latter have sabotaged important projects put in place.

Some have been sanctioned, others in the sights of the General Inspectorate of Finance, while many others still take it easy in the streets of Kinshasa.


The DRC has become a country of powerful advisers and a very weak government "(Francine Muyumba)

Since the advent of Félix Tshisekedi in power, several voices have continued to denounce the establishment of a government parallel to the presidential election.

Certain advisers of the fifth Congolese president are, rightly or wrongly, accused of diversion of public funds allocated to major works projects.

The Observatory of Public Expenditure (ODEP), in one of its reports, indicated that the 100 -day program and the Tshilejelu project were managed "by a parallel government established in the Presidency of the Republic, including the pilot is the chief of staff of the Head of State ”.

Other advisers from President Tshisekedi are cited in negotiations for mining contracts by the counter, short-circuiting government members.

According to ODEP, this "situation results in the race for illicit enrichment, trampling on the constitutional provisions, which do not recognize an advisor the right to take acts on behalf of the government".

Senator Francine Muyumba fulminates against this situation.

"The DRC has become a country of powerful advisers and a very weak government. Advisers immersed in scandalous diversions that accentuate the anger of the Congolese people when the blood of our fellow citizens continues to flow wildly in the east of the country, "she denounced.

"Despite what is criticized for the previous regime, the country has never known professional thieves of public money at this level. And at the same time, in Tshilenge there is not even a dispensary, women give birth on mats without medical assistance. The poor Congolese! ", Turs the former president of the Pan -African Youth Union.

The chairman of the ODEP board of directors has also raised their tone.

"When we talk about financial scandals, it is the employees of the head of state who are pointed out.

The Constitution gives power to the government to manage daily life, but it is the presidency of the Republic that manages. It makes no sense, "sentenced Florimond Muteba.

Food for thought

Frank

 

[CHB]

Good find!

 

[Dazmac66]

View attachment 27616

#RDC 20.01.2023|#Bruxelles Le Chef de l'État, Félix-Antoine Tshisekedi préside, par visioconférence, depuis son bureau de l'Ambassade de la RDC en Belgique, la 83ème réunion du Conseil des Ministres, assisté par M. André Wameso, Directeur de Cabinet adjoint/Questions Économiques.
Translated from French by
#RDC 20.01.2023| #Bruxelles The Head of State, Félix-Antoine Tshisekedi chairs, by videoconference, from his office at the Embassy of the DRC in Belgium, the 83rd meeting of the Council of Ministers, assisted by Mr. André Wameso, Deputy Director of Cabinet / Questions Economic.

The green princess still happily in her seat.
How long?

So can we assume that all this talk of a new cabinet is all fake news? Seems like an elaborate hoax as there she sits in Friday's meeting as usual. Am I missing something?

 

[John25]

Not sure it’s been shared here yet but looks like Nigel is presenting in Cape Town on 7 Feb as part of the benchmark minerals world tour. Surely there must be some announcement on the ML otherwise what new news can he shared?

We had Road Shows with SFA news …so hes use to babbling on about shit

 

[Rediah]

Not sure it’s been shared here yet but looks like Nigel is presenting in Cape Town on 7 Feb as part of the benchmark minerals world tour. Surely there must be some announcement on the ML otherwise what new news can he shared?

Not sure about the ML.

But definitely he will present the same slideshow which he shared during the roadshows here, followed by more smiles and …..

 

[John25]

Not sure about the ML.

But definitely he will present the same slideshow which he shared during the roadshows here, followed by more smiles and …..

Suppose he has to justify his salary plus expenses …should be in the DRC taking happy snaps with locals & politicians .The whole world knows our stats wont need notes ,should know spiel backwards maybe throw a bit of french in there as well ,Who knows …WE’RE TOLD SFA

For you NUT

 

[Carlos Danger]

Working with the highest level of the competent drc government…protect long term shareholder value…camp progressing well…new drilling results with a excellent jorc update…backing by a shareholders and cath….

Did I miss anything?

Die Abbaulizenz steht kurz bevor

 

[Mickyb64]

So can we assume that all this talk of a new cabinet is all fake news? Seems like an elaborate hoax as there she sits in Friday's meeting as usual. Am I missing something?

Surely there would be a transition period. I'm hoping she's gone but I'm not convinced.

 

[Samus]

Lithium de Manono, la RDC échappe à une arnaque à Paris - Ouragan.cd

Le procès COMINIERE contre MMCS STRATEGIC 1 ouvert lundi 16 janvier 2023 à la Chambre internationale d’arbitrage à Paris est déterminant pour la RDC. Mardi, la deuxième audience a été décisive pour la partie congolaise, défendue par les avocats du Cabinet Élite. Les arguments techniques les plus...

ouragan.cd

NEWS

Manono's lithium, the DRC escapes a scam in Paris​

The COMINIERE trial against MMCS STRATEGIC 1 opened on Monday, January 16, 2023 at the International Chamber of Arbitration in Paris is decisive for the DRC. On Tuesday, the second hearing was decisive for the Congolese party, defended by the lawyers of Cabinet Élite. The strongest and most inattachable technical arguments foreshadow the victory of the DRC, but extreme caution is required. A verdict in favor of the COMINIERE, will make the exploitation of Manono lithium by AVZ a reality.

By Gaby Kuba Bekanga​

Delegation of the COMINIERE to the trial in Paris @Photo Third-party rights
published on January 20, 2023 at 07:00:00
The ICC had notified the COMINIERE since June 2022 that the pleading would take place from 16 to 20 January 2023 in Paris. The MMCS complainant fully agreed. But, with the attention of the Congolese authorities more focused on the aggression that the country is suffering from its Rwandan and Ugandan neighbors, MMCS wanted to take advantage of the probable absence of the DRC from the trial to raise the auction. In the absence of the COMINIERE, the DRC should have been convicted by default because of negligence like the past. In such a case, the Mauritian company would claim damages. For what investment in Congo? Is taken, who thought to take, it is said. MMCS was unpleasantly surprised by the arrival of the Congolese delegation in Paris.

Deciful arguments to block the AVZ project​

Litigation has two aspects: legal and technical. The last component better explains MMCS failures. The argument that MMCS did not conduct research and carried out a feasibility study is archifal.
Read also:
Electric batteries: the memorandum of understanding signed by the USA, DRC and Zambia published by the Biden administration
According to our sources, the mining engineer, Raphaël Ngoy Mushila, a mining and career agent with 36 years of experience in the sector, was a major contribution to the defense of the DRC. Recruited by the Cabinet Élite to give technical advice, the expert enriched the debate. Having worked in Canada, Australia, Latin America and Africa in mines, he demonstrated in black and white that the argument of the energy deficit invoked by MMCS was "s charlatanism and mining heresy".
The company required 15 megawatts of the COMINIERE before carrying out any research and carrying out a feasibility study. According to expert Ngoy, "MMCS didn't even need an amp or a watt. Not even a candle." Such a claim is comparable to a concession freeze prohibited by the mining code. The mining law also provides for the forfeiture of securities when the operator has not developed the project within the legal period. This gave arguments to the government at the time to remove MMCS of its titles.

From trial to arrangement, a strategy or a failure?​

From Paris, we learn that MMCS has "upupted" the Court to suspend pleadings to grant two months to the parties for an amicable settlement. A request that reflects the weakness of MMCS at the trial. But the COMINIERE understood that this elastic strategy aims to block the evolution of the lithium exploitation project, because the arbitration has been going on for 5 years. The elasticity of the approach would allow MMCS to bounce back differently. In arguing, the Court must rule within 90 days. This is how the COMINIERE opted for pleading.
This timing gives MMCS the opportunity to negotiate before the verdict and asks it to act urgently. Because, by dragging the step, the sentence will fall before the desired compromise. However, the saying "better be a bad arrangement than a good trial" remains valid for all parties.

While waiting for the sentence...​

The 3- to 90-day window is important for the negotiations that MMCS is now forced to conduct, with its back to the wall. It is therefore necessary to update the challenges of this project with a feasibility study taking into account lithium prices. It is urgent to reassess the contribution of each party to the project to restart the construction phase. It makes sense to involve the Elite firm on this file to divert the recurring and fatal mistake of parachute UFOs, businessmen and combinards. Congo is not entitled to make a mistake!
With anticipations before November 2023, President Tshisekedi can end his first five-year term with the production of lithium and rare earths, essential for technological innovation. The launch of the lithium-tantal-tungsten-tain and rare earth plant will be a success. The project will be profitable. Natural resource diplomacy can be played at this level, because all the world's powers need lithium, staniferous minerals and the rare earths available to the DRC.

Vigilance and extreme caution for the COMINIERE​

The MMCS party tried to save the furniture by aligning 4 witnesses. But their performance in the Court's questions showed that MMCS had never done "due diligence" when entering a joint venture. No credible miner can skip this step. It makes it possible to identify all risks and binding tasks, including non-negotiable tasks that result in the forfeiture of securities.

Cut off suspicious connections and networks​

MMCS has not yet abdicated. A reliable source indicates that one of the witnesses, chosen by MMCS, is a mining agent. Son of a former Attorney General of the Republic, he is also a bar president. Curiously, he is both a judge and a party. He was one of the leaders of the "JV stillborn, Manono Mineral (MANOMINE)" between COMINIERE and MMCS. It represents the interests of MMCS. Therefore, he has a conflict of interest. Another credible source, based in Kinshasa, has reportedly intercepted bizarre contacts and calls between a relative of MMCS and the Ministries of Justice, Mines and Portfolio since the beginning of the trial this week. A simple coincidence or a suspicious movement tending to influence the game against the DRC? He is under the radar.
The general manager of MMMCS acknowledged that she has never developed a business plan, a compass for any serious mining operator. It is clear that its management mode was a visual navigation without any landmark. This project was nowhere to go.

A copy and paste that does not hold​

The calculation of the damage allegedly suffered by MMCS was based on data from the AVZ feasibility study. Plagiarism or copy and paste vigorously contested by the COMINIERE during the trial. Study data are never transposable. We are not far from the forgery and use of forgery. Even two bidders on the same mining project will never have the same process, the same recovery yield, the same operating costs, the same capex and the same impurities in the finished product. MMCS was unable to produce a feasibility study.

Extreme caution for the DRC and not blissful optimism​

The last hearing took place this Wednesday. By mid-April, a series of activities will take place: the circulation of pleading transcripts, the transmission of post-punishments and possible replicas.
Read also:
Seabed: the Assembly calls for an international moratorium on mining
It is strongly recommended that the COMINIERE be careful with regard to the "full-contact" that has just taken place. It is certain that MMCS will seek an outcome before the sentence. But this step must be carefully prepared on the Congolese side by resource persons who master this file. The Cabinet Élite has proven that it can do the job well. The government must avoid unnecessarily inflating the team with per diem hunters, arrivals, profiteers and calculators as is often the case in Congo.

Ouch my head!

 

[John25]

Surely there would be a transition period. I'm hoping she's gone but I'm not convinced.

Transition period gone …has well/truly overstayed welcome…time to take the trash out

 

[Carlos Danger]

Yeah of course Mining license imminent.

As close as the next Christmas party!

Didn’t expect that the company I have the most money invested becoming a running gag one day. Now we need a matching meme all can identify with.

Here's some of my previous meme work for your consideration

 

[Mickyb64]

Transition period gone …has well/truly overstayed welcome
View attachment 27630

Agree 100%, I'm just pinning my hopes on the usual change over bullshit with any government job.

 

[Mr Inappropriate]

Surely there would be a transition period. I'm hoping she's gone but I'm not convinced.

I’d expect the new ministers would have to be sworn in, which would terminate the previous minister’s tenure at the same time. Some photos of such a ceremony would be nice.

 

[Mickyb64]

I’d expect the new ministers would have to be sworn in, which would terminate the previous minister’s tenure at the same time. Some photos of such a ceremony would be nice.

When I read the post from MB at the bottom it stated the announcement was pending the signature and implementation of the Prime Minister. I'm not expecting that Kunt to do AVZ any favours.

 

[Dazmac66]

There is

Working with the highest level of the competent drc government…protect long term shareholder value…camp progressing well…new drilling results with a excellent jorc update…backing by our shareholders and cath….

Did I miss anything?

Why doesn't he just man up and tell the truth about the corruption? It can't make the situation any worse than it already is.
Anyhow, I have been googling news out of DRC and not a single mention of a massive government overhaul????

 

[Carlos Danger]

There is

Why doesn't he just man up and tell the truth about the corruption? It can't make the situation any worse than it already is.
Anyhow, I have been googling news out of DRC and not a single mention of a massive government overhaul????

Announcement about the government reshuffle will be Sunday night DRC time imo

 

[Rambo]

Surely there would be a transition period. I'm hoping she's gone but I'm not convinced.

I wonder if it’s imminent. If you take DG of cami for example, they’re pretty lax on transition period.

 

[Onthefm]

There is

Why doesn't he just man up and tell the truth about the corruption? It can't make the situation any worse than it already is.
Anyhow, I have been googling news out of DRC and not a single mention of a massive government overhaul????

That's probably because there's no such thing. Going on history lots of talk but fuck all action. A bit of tinkering at best imo.

 

[Dazmac66]

I just don't think it's plausible the she is sitting there at the Friday meeting perusing documents if she is being deposed. Really hope I am wrong. Severely jaded and wary of getting led down the path again.

 

[Dijon101]

I think the best thing to do is ask when is the next AVZ extension due???

30th of Jan??

That way there is no let down if it is another extension.
However, if it's the opposite... massive surprise and party