AVZ Discussion 2022
- Thread starter GazDix
- Start date
Mr Inappropriate
Regular
I gotta gree with @cruiser51 and others, $1m donation from China for a disaster of that magnitude, just confirms that they dont give a fuckn shit about the DRC locals welfare, just there for the rape and pillage of minerals for self gain........
If only the DRC govt had the foresight to grant AVZ the ML 12 months ago, the Manono construction period could of been close to completition , whereby DRC could of been close to reaping millions of dollars a day to cover such travesties with ease, or maybe a intermittant DSO operation could of been arranged to fill the gap until production.....
But alas, the greedy wankers Cominiere / Zijin decided they were more important.......
Just a very sad indictment .
imo
Mr Inappropriate
Regular
I gotta gree with @cruiser51 and others, $1m donation from China for a disaster of that magnitude, just confirms that they dont give a fuckn shit about the DRC locals welfare, just there for the rape and pillage of minerals for self gain........
If only the DRC govt had the foresight to grant AVZ the ML 12 months ago, the Manono construction period could of been close to completition , whereby DRC could of been close to reaping millions of dollars a day to cover such travesties with ease, or maybe a intermittant DSO operation could of been arranged to fill the gap until production.....
But alas, the greedy wankers Cominiere / Zijin decided they were more important.......
Just a very sad indictment .
imo
Yep, there would be thousands of people positively impacted through the development of a sustainable mine, not only in terms of personal income and skills development for those directly involved in operations, but also through secondary benefits. There would be a lots of money flowing through the local economy, supporting local businesses and creating the need for infrastructure investment and all the jobs that come with that.
Importantly, it would provide hope and optimism where that is (seemingly) in short supply.
Instead, we have a bunch of greedy khunts who want everything for themselves at the expense of those many thousands of people.
The will of the corrupt continues to grind its way through a people desperate to lift themselves out of poverty and into a more prosperous future. It must be sickening to the stomach for them to see this play out while their day-to-day needs remain unmet.
Frank
Top 20
I gotta gree with @cruiser51 and others, $1m donation from China for a disaster of that magnitude, just confirms that they dont give a fuckn shit about the DRC locals welfare, just there for the rape and pillage of minerals for self gain........
If only the DRC govt had the foresight to grant AVZ the ML 12 months ago, the Manono construction period could of been close to completition , whereby DRC could of been close to reaping millions of dollars a day to cover such travesties with ease, or maybe a intermittant DSO operation could of been arranged to fill the gap until production.....
But alas, the greedy wankers Cominiere / Zijin decided they were more important.......
Just a very sad indictment .
imo
"I gotta gree with @cruiser51 and others, $1m donation from China for a disaster of that magnitude, just confirms that they dont give a fuckn shit about the DRC locals welfare, just there for the rape and pillage of minerals for self gain"
Clearly the CCP and its companies don't give a damn about its people, a mine in the north of china collapsed with miners trapped inside. The boss of the mine said it would cost too much to get them out so they were left to die. They more than likely were slave labourers from the prisons or wigars.
It's the way the world has become with multiple, instant media.
Publicity and being seen doing the right thing Is all that matters.
Much like when a cop or politician says their 'thoughts are with the victim's family'. Box ticked.
2 mill bribe for z 15% illegal sale 1 mill from ccp for disaster. Dose the kitten and the general populace get it though. From what we've seen over the last 2 years the answer has to be no. If they can't help themselves there is no helping them. Jesus what more do they need to know.
David Krappenschitz
Regular
AVZ holders collectively would likely donate more than this to various initiatives in DRC. Hell, there’s possibly individual SHs with 10+ mil shares that given significant SP appreciation could donate more than the entire CCP. What a fucken slap in face from the CCP
Maybe to really drive the point home I'd be more than happy for avz to donate 2 million as long as it was promoted properly. Seams like an opportunity to me .
I guess we can only hope that Felix and his administration are equally peeved about Chins'a parsimonious $1m aid package, and finally see through China's self-serving propaganda in order to make the right call on Manono when the time comes. However, I'm not holding my breath while the same low-life retain their influential positions in Cominiere and CAMI in particular.
Still, all is not lost. July is just a month away and they will be getting nervous as their negotiating window closes and the ICC deadline approaches.
Cheers
F
Still, all is not lost. July is just a month away and they will be getting nervous as their negotiating window closes and the ICC deadline approaches.
Cheers
F
Just have to hope that FT actually had " amicable " agreements with President Evil , that he got what he wanted in regards to a better arrangement with past mining contracts from the Kabila regime and told Evil to tell his " pack dogs " ( zijin ) to back off from Manono and that he would do the same to Cominiere, so as to award AVZ the ML and allow the battery hub vision to become a reality.
CATL / CATH , SHENZHEN, GANGFENG & KALON finally get their lithium & tin supply that they desperately need!!
That common sense approach would not only provide the DRC with a much needed boost to its finances in years to come, therefore a boost to the locals living conditions , but would also improve relations with Australia and boost its wretched reputation within the international community as a place to invest.
On the chinese equation, relations with Australia would get more of a boost , which currently is on the slight improve with China taking the brakes off trade sanctions with timber , coal and potentially other commodities ......
But what will the reality be and when ?
imo
cruiser51
Top 20
The reality is that Felix got 3 non internally interfering (yes China doesn't believe in interfering in a countries internal affairs) army drones to make sure the life of the people in Kivu, which were just hit with floods and mudslides, will be more pleasant.Just have to hope that FT actually had " amicable " agreements with President Evil , that he got what he wanted in regards to a better arrangement with past mining contracts from the Kabila regime and told Evil to tell his " pack dogs " ( zijin ) to back off from Manono and that he would do the same to Cominiere, so as to award AVZ the ML and allow the battery hub vision to become a reality.
CATL / CATH , SHENZHEN, GANGFENG & KALON finally get their lithium & tin supply that they desperately need!!
That common sense approach would not only provide the DRC with a much needed boost to its finances in years to come, therefore a boost to the locals living conditions , but would also improve relations with Australia and boost its wretched reputation within the international community as a place to invest.
On the chinese equation, relations with Australia would get more of a boost , which currently is on the slight improve with China taking the brakes off trade sanctions with timber , coal and potentially other commodities ......
But what will the reality be and when ?
imo
Maybe they are going to use the fukkin drones to make it rain 1million 1 dollar notes over Kivu.
China can be such a ball of fun.
Better make sure CKK doesn't get anywhere near the drones when they get charged with the dollar notes, he might see them as extra payment, all for Celestine.
When will Felix wake up???
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Frank
Top 20
*Poor old Pres not looking too Happy if he had a "Win-Win" with JinpingJust have to hope that FT actually had " amicable " agreements with President Evil , that he got what he wanted in regards to a better arrangement with past mining contracts from the Kabila regime and told Evil to tell his " pack dogs " ( zijin ) to back off from Manono and that he would do the same to Cominiere, so as to award AVZ the ML and allow the battery hub vision to become a reality.
CATL / CATH , SHENZHEN, GANGFENG & KALON finally get their lithium & tin supply that they desperately need!!
That common sense approach would not only provide the DRC with a much needed boost to its finances in years to come, therefore a boost to the locals living conditions , but would also improve relations with Australia and boost its wretched reputation within the international community as a place to invest.
On the chinese equation, relations with Australia would get more of a boost , which currently is on the slight improve with China taking the brakes off trade sanctions with timber , coal and potentially other commodities ......
But what will the reality be and when ?
imo
*Nice Watch, Not sure about the Shirt, looks a bit tight there Fatshi
*What time is it
time to cut back on Snacks and Cut all those corrupt Kunts who consume them back home imo*To remind,
Tshisekedi, who was born in capital Kinshasa, ran on a pledge to fight corruption and poverty.
The DRC is home to more than 60 percent of the world’s cobalt and is the continent’s second-biggest producer of copper but most of its citizens live in poverty.
*To remind,
A fool's bargain?
Last February, the Congolese General Inspectorate of Finance published an audit that caused a stir.
The document mentions overcharging in the work carried out in the DRC, but it notes above all that China has kept less than 50% of its commitments while it has earned ten billion dollars since the signing of the contract, including one billion just in interest paid to Chinese banks for their loans.
The DRC would have withdrawn only a little more than 880 million dollars in profits.
A “fiasco” such for the DRC that the General Inspectorate of Finance is claiming 20 billion dollars in compensation from the Group of Chinese companies.
The head of the IGF, Jules Alingete Key, denounces an “economic colonization” of China.
Mireille Manga, lecturer in political science at the Cameroon Institute of International Relations, refutes this term, even if she welcomes the review of the clauses of the “Chinese contract”.
“After 15 years of cooperation through this contract, multiple interactions, we stop to take stock.
The results observed on the ground do not correspond to the initial expectations and therefore it is normal, as partners and sovereign States, that one party or the other decides to question the agreements and renegotiate them. It is a normal process of international political life.”
Mireille Manga, who coordinated a book published by Éditions Palgrave Macmillan, in October 2022, on “The new Chinese silk roads and new forms of nationalism”, continues: “The General Inspectorate of Finances of the DRC wanted to highlight the imbalance of this cooperation and the need to renegotiate the partnership.
But it is in no way a question of colonization, because it is about two conscious and very lucid actors in relation to their interests.
The Chinese authorities did not appreciate the new attitude of the Congolese authorities, but they promised the disbursement of 500 million dollars of investment.
This is much less than the three billion from which the DRC hoped to benefit in infrastructure.
mediacongo
*Things that make me go hmm
IGF v China - useful / use it
IGF v Zinjin / Corruption
*Food for thought
Frank
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The IGF asks for 20 billion in compensation, xi gives 1 million in aid (could be considered a bribe as it is way too low for aid).
xi states that chinese companies should comply with their agreements eg. infrastructure developments.
Felix calls for government-government agreements.
This says to me that xi has separated chinese companies from the chinese government to place the blame of corruption on the individual companies.
This is a good thing as the DRC can redo the contracts without the threat from the chinese government.
I know what you will say, that the chinese companies are puppets of xi, and you would be correct but xi has drawn a line in the sand.
chinese government commitments = $1 million and a few MOUs.
chinese companies = contracts redrawn for the benefit of the DRC
Manono will be decided in the ICC as the independent umpire and AVZ will be the victor.
xi states that chinese companies should comply with their agreements eg. infrastructure developments.
Felix calls for government-government agreements.
This says to me that xi has separated chinese companies from the chinese government to place the blame of corruption on the individual companies.
This is a good thing as the DRC can redo the contracts without the threat from the chinese government.
I know what you will say, that the chinese companies are puppets of xi, and you would be correct but xi has drawn a line in the sand.
chinese government commitments = $1 million and a few MOUs.
chinese companies = contracts redrawn for the benefit of the DRC
Manono will be decided in the ICC as the independent umpire and AVZ will be the victor.
Frank
Top 20
Felix Tshisekedi visits Shanghai, the economic lung of modern China
President Félix-Antoine Tshisekedi visited on Saturday May 27, for the second stage of his state visit to China, the city of Shanghai, the economic heart of modern China.
He met with the town's Communist Party secretary, Chen Jining, at the local people's palace.
The latter highlighted the role of Shanghai, which wants to become a centerpiece in the strategic partnership between China and the DRC in order to broaden the prospects for cooperation between China and the DRC, reports the Communication Unit of the Presidency of the DRC.
Chen Jining also stressed China's willingness to deepen traditional friendship not only with the DRC, but also with African countries through a new philosophy based on sincerity, candor and substantial relations.
The President of the Democratic Republic of Congo insisted on the protection of the achievements of revitalizing relations between his country and China as initiated with his Chinese counterpart.
The Head of State of the DRC recalled that his country and China have maintained excellent relations for more than 50 years now.
Relations that have left their mark in his country, particularly in the field of infrastructure.
mediacongo
*They've "Left their Mark" alright
President Félix-Antoine Tshisekedi visited on Saturday May 27, for the second stage of his state visit to China, the city of Shanghai, the economic heart of modern China.
He met with the town's Communist Party secretary, Chen Jining, at the local people's palace.
The latter highlighted the role of Shanghai, which wants to become a centerpiece in the strategic partnership between China and the DRC in order to broaden the prospects for cooperation between China and the DRC, reports the Communication Unit of the Presidency of the DRC.
Chen Jining also stressed China's willingness to deepen traditional friendship not only with the DRC, but also with African countries through a new philosophy based on sincerity, candor and substantial relations.
The President of the Democratic Republic of Congo insisted on the protection of the achievements of revitalizing relations between his country and China as initiated with his Chinese counterpart.
The Head of State of the DRC recalled that his country and China have maintained excellent relations for more than 50 years now.
Relations that have left their mark in his country, particularly in the field of infrastructure.
mediacongo
*They've "Left their Mark" alright
Hi Tonster
Exept that Zijin Mining is a Chinese state owned enterprise (SOE). This means that the Chinese government is the beneficial owner, and its activities are ultimately directed by Beijing. Its largest shareholder is Shanghang Minxi Xinghang State-Owned Property Investment Company (Interestingly, the Chinese state gets >30% of its revenue from property sales...just like the Andrews govt in Vic (LOL)).
I don't see evidence of a line in the sand, but just the same shit.
I agree that AVZ will be vindicated, but I think it will be through a negotiated settlement.
It's good to have divergent views.
Cheers
F
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