AVZ Discussion 2022

[Goat]

DRC finance minister talks mining, smuggling and building batteries

Nicolas Kazadi, the Democratic Republic of Congo's finance minister, tells the FT Commodities Global Summit that DRC must export more products and fewer raw materials. FT energy correspondent Tom Wilson also asks him about relations with China, tensions with Rwanda and attitudes to the...

www.ft.com

Full transcript available.

15:53 minute mark the mention of AVZ.

"To move to another mineral which Congo has and which is probably also in my phone, lithium. Congo has got a big potential lithium project in Manono. It's also been in the news for various reasons. There's been a dispute with one of the owners, AVZ Minerals. As I understand it their licence has been cancelled. Can you tell us anything about what Congo plans for that deposit?

Yes. That was done a bit... it was not very, very transparent. It was not to the best of our interests as a country. That's why we went back to it. But I would... I don't like to say more on that because it is still on."

So the answer is very interesting.. It was not very transparent and not to the best of our interests as a country ..

So are they saying they are actually holding it up as it's going to be rewarding enough for them or something else? Why wouldn't it be in their best interests? What the heck??
IMHO - The DRC government want a big slice of the warm apple pie that AVZ will be baking.. hence our hold up!

 

[Bray]

They didn’t bargain for enough brown paper bags obviously

 

[CHB]

Same thing now, sit on this mountain and disrupt the country until they realise corruption doesn't pay.

 

[Mr Inappropriate]

Refer Frank’s comments.

 

[Rediah]

 

[Mr Inappropriate]

"it is not certain that the northern portion of PE 13359 will automatically return to Zijin or its subsidiary."

I find that statement odd and probably wrong????

Zijin didn't pay for the northen part of PE 13359 or buy it in any way....so how can it be returned or not returned??

Zijin purchased a 15% interest in Dathcom from Cominiere

Or have I lost my mind

Or did it purchase a 15% interest in the JV??

Sorry I've lost the plot on all this

We’ve seen this letter before and it’s classic Zinjin shit-fuckery. It includes a logic bomb that a) creates exit costs for Comminier so high that it amounts to extortion (ironic, hey?), and b) ensures that matters get tied up in red tape and court rooms for years to come if the lease over the northern section does not fall in their favour.

It was however, nice of them to record their naked corruption in this form for posterity.

 

[CHB]

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Sounds like the shitfight is still going and we could be weeks/months away still.

Must be like going around in circles.

 

[Mr Inappropriate]

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So we’re relying on divine intervention to get this ML now? FMD.

 

[Rediah]

So we’re relying on divine intervention to get this ML now? FMD.

These religious people are at times the mover and shakers and king makers comes the election time and can move the votes around.

 

[Bin59]

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More of the conversation:

 

[Rediah]

Frank on fire on twitter

 

[cruiser51]

These religious people are at times the mover and shakers and king makers comes the election time and can move the votes around.

Don't forget Xerof went to see the pope to kiss his ring, after the pope was very warm and fuzzy and came over to see the Felix.
Thanks Xerof for being so generous.

And now the local church got the message from the pope, don't deal with fukkin cheats, morons and liars.

I am not surprised.

With the current www the pope is forced to play a straight bat.

 

[Bin59]

Frank on fire on twitter
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[Charbella]

This is what we have to deal with? WhatsApp call?

 

[Bin59]

Cominiere’s poor manners and evasive behaviour won’t earn them any respect from others attending the meeting. The Meeting started in Manono at 10:00am - it’s still going at almost 2:00pm (4 hours) so hopefully they don’t finish until some progress has been made.

 

[Rediah]

 

[Rediah]

Presidential Development Project called PDL-145T, protect business climate & investors, and SNACKS

 

[Frank]

Marius absolutely feeding it to them in the last 10 minutes.

*To add, did you see Serge on the Tube lately,

 

[cruiser51]

CKK's non-appearance is not surprising.

How would you like to face people, after blatantly lying on television in view of the entire world?

It is the behaviour of a low piece of shit without any morals.

I don't believe Felix can be proud of this clown to be a stand in manager of a DRC State Company, a representative of the DRC.

If I would be Felix I would sack him instantly as a complete incompetent fool, an absolute embarrassment for the DRC.

For the lying bastard now to say 'how can we be partners?',

only deserves an honest answer 'without you!'.

 

[Samus]

Franck is giving a running commentary on twitter as we speak for anyone who is not aware.