AVZ Discussion 2022

[wombat74]

There’s been so much posted on the IGF Report and Minister of Portfolio (Kayinda) lately that I can’t keep up, but this was out today

Cession des parts de La COMINIERE à Zijin : entre Mme la ministre d’Etat du Portefeuille, IGF et AVZ, qui dit vrai ? - L'Info qui fait écho

La publication du rapport de la mission menée par l’Inspection générale des finances (IGF) autour de la cession des parts de l’entreprise du Portefeuille de…

econewsrdc.com

View attachment 23719

The publication of the report of the mission conducted by the General Inspectorate of Finance (IGF) around the sale of the shares of the company in the State Portfolio, the COMINIERE, to Zijin Mining Group Company, or 15% of its shares in the DATHCOM joint venture, raises many questions. To date, not all parties involved in this case speak the same language.

If the Minister of State for the Portfolio, Adèle Kayinda, says urbi and orbi that the sale of 15% of La COMINIERE's shares to Zijin took place in all regularity and at a "reasonable price", or $33,440,000, to the IGF, it is rather stated otherwise, estimating, in her report that there is a sale

Moreover, the IGF openly accuses the Minister of State in charge of the Portfolio of having covered by giving her consent to this transfer. This is confirmed by his letter dated September 2021 and addressed to the Chairman of the Acting Board of Directors of La COMINIERE.

Long before, the Minister of State for the Portfolio stated, in this letter (see facsimile), to have authorized this transaction between La COMINIERE and Zijin provided that "AVZ Minerals, one of the shareholders in DATHCOM, made prevail (of pre-emption ) without indicating whether he accepted the purchase price proposed by Zijin by the COMINIERE". At Civil Society, it is estimated that the incarceration of the Director General ai and the Technical Director of La COMINIERE is an opportunity to shed light on this transfer of shares. It is also time, she thinks, to establish responsibilities and bring the culprits to justice. Eco news

A statement rejected by AVZ which claims, according to information crossed by Econews, that it was rather excluded from this transaction. Its internal sources report that everything was negotiated at the Ministry of the Portfolio, without involving AVZ, yet a majority shareholder in DATHCOM.

Still, on the sidelines of the publication in Kinshasa of the agreement signed last February between the DRC and the Ventora Group of Israeli Dan Gertler, the Minister of Finance and the Deputy Chief of Staff of EcoFin of the President of the Republic, André Wameso, reassured the Civil Society Organizations (ACAJ, CERN CENCO, RND, TOUCHE PAS A MON COB
"Trust us and be calm," said Finance Minister Nicolas Kazadi, in the presence of Jules Alingete, head of the IGF, and prosecutor Kisula of CENAREF (National Financial Intelligence Cell).

"It is also time, she thinks, to establish responsibilities and bring the culprits to justice. "

Look in the mirror bitch and you'll find the culprit .

 

[Samus]

Hahaha
I think many shareholders will keel over if we hit $1:60 on open (if we open) Netoo!

 

[whales]

There’s been so much posted on the IGF Report and Minister of Portfolio (Kayinda) lately that I can’t keep up, but this was out today

Cession des parts de La COMINIERE à Zijin : entre Mme la ministre d’Etat du Portefeuille, IGF et AVZ, qui dit vrai ? - L'Info qui fait écho

La publication du rapport de la mission menée par l’Inspection générale des finances (IGF) autour de la cession des parts de l’entreprise du Portefeuille de…

econewsrdc.com

View attachment 23719

The publication of the report of the mission conducted by the General Inspectorate of Finance (IGF) around the sale of the shares of the company in the State Portfolio, the COMINIERE, to Zijin Mining Group Company, or 15% of its shares in the DATHCOM joint venture, raises many questions. To date, not all parties involved in this case speak the same language.

If the Minister of State for the Portfolio, Adèle Kayinda, says urbi and orbi that the sale of 15% of La COMINIERE's shares to Zijin took place in all regularity and at a "reasonable price", or $33,440,000, to the IGF, it is rather stated otherwise, estimating, in her report that there is a sale

Moreover, the IGF openly accuses the Minister of State in charge of the Portfolio of having covered by giving her consent to this transfer. This is confirmed by his letter dated September 2021 and addressed to the Chairman of the Acting Board of Directors of La COMINIERE.

Long before, the Minister of State for the Portfolio stated, in this letter (see facsimile), to have authorized this transaction between La COMINIERE and Zijin provided that "AVZ Minerals, one of the shareholders in DATHCOM, made prevail (of pre-emption ) without indicating whether he accepted the purchase price proposed by Zijin by the COMINIERE". At Civil Society, it is estimated that the incarceration of the Director General ai and the Technical Director of La COMINIERE is an opportunity to shed light on this transfer of shares. It is also time, she thinks, to establish responsibilities and bring the culprits to justice. Eco news

A statement rejected by AVZ which claims, according to information crossed by Econews, that it was rather excluded from this transaction. Its internal sources report that everything was negotiated at the Ministry of the Portfolio, without involving AVZ, yet a majority shareholder in DATHCOM.

Still, on the sidelines of the publication in Kinshasa of the agreement signed last February between the DRC and the Ventora Group of Israeli Dan Gertler, the Minister of Finance and the Deputy Chief of Staff of EcoFin of the President of the Republic, André Wameso, reassured the Civil Society Organizations (ACAJ, CERN CENCO, RND, TOUCHE PAS A MON COB
"Trust us and be calm," said Finance Minister Nicolas Kazadi, in the presence of Jules Alingete, head of the IGF, and prosecutor Kisula of CENAREF (National Financial Intelligence Cell).

So much on the Green Princess but nothing on DG of CAMI that controls the surface rights that need to be paid ?
Once appropriate surface rights paid then ML should be awarded.?
Why is this guy still in control ?

 

[Retrobyte]

The fucking toilets in the floor with the foot positions on the side where you have to squat ......fucking nearly shit in my pants everytime I used one of those.....and they're always filthy.

To this day I can't fathom how you're supposed to use the fucking things.

You take your daks off and hang them somewhere, and then take a crap.

 

[cruiser51]

You take your daks off and hang them somewhere, and then take a crap.

I have always wondered how it works with a zimmerframe, do you reverse in??

 

[Retrobyte]

I have always wondered how it works with a zimmerframe, do you reverse in??

The frame is handy to hang them from if there's not a nail or length of reo protuding from the wall somewhere

 

[Remark]

Doxx him Jag, Doxx him now!

 

[Deleted member 1612]

I'll put my hand up and apologise to everyone here for the outburst.

No excuse but definitely a pretty emotional day yesterday having to put our beloved dog to sleep then seeing 60% really pushed me over the edge.

No need for an apology Jag, I’m sorry about your doggo.

 

[CashKing]

Doxx him Jag, Doxx him now!

At least the ads are getting better

Ohh and for anyone that likes suspensions and trading halts I’m super good at picking them also

 

[MoneyBags1348]

So much on the Green Princess but nothing on DG of CAMI that controls the surface rights that need to be paid ?
Once appropriate surface rights paid then ML should be awarded.?
Why is this guy still in control ?

Whales, to be honest I wonder how much of the reason for the ML delay is due to the ownership and we are not getting the full story.

Dathcom has to pay the surface rights fee, and I have a vague recollection of seeing it but just can’t remember where it was (pretty sure I didn’t dream it, but you never know seeing how much time this occupies in our psyche)…. Like I said NOT SURE but think it was around $180k annually.

I know other shareholders have seen what ever I’ve seen so I would appreciate any sort of confirmation because I just can’t fucken remember where I saw it….

Anyway, moving on to my point on ownership, is Nigel trying to have us believe AVZ will pay 75% (of the annual fee) or 100% or what. Personally we could pay the full fee if it’s only around $180k….

But an invoice for the surface rights fee to Dathcom (by my reconning) would include each partner (AVZ, Dathomire, Comminiere or CATH) having their portion issued according to their % of ownership in Dathcom.

So there is a technicality that no one has addressed, only the fact that Mupande won’t issue it.

Anyway, as @Frank says “Food for thought” and if there is one thing that I try to do more than anything else on this forum…. It’s promote thoughts around matters relating to our investment, rather than just commenting

The other thing I try to do is get off this forum but I think (like Wombles and others here) I have become the victim of a now ingrained habit so if someone can answer the above question satisfactorily I will hopefully be able to move on

 

[Samus]

Whales, to be honest I wonder how much of the reason for the ML delay is due to the ownership and we are not getting the full story.

Dathcom has to pay the surface rights fee, and I have a vague recollection of seeing it but just can’t remember where it was (pretty sure I didn’t dream it, but you never know seeing how much time this occupies in our psyche)…. Like I said NOT SURE but think it was around $180k annually.

I know other shareholders have seen what ever I’ve seen so I would appreciate any sort of confirmation because I just can’t fucken remember where I saw it….

Anyway, moving on to my point on ownership, is Nigel trying to have us believe AVZ will pay 75% (of the annual fee) or 100% or what. Personally we could pay the full fee if it’s only around $180k….

But an invoice for the surface rights fee to Dathcom (by my reconning) would include each partner (AVZ, Dathomire, Comminiere or CATH) having their portion issued according to their % of ownership in Dathcom.

So there is a technicality that no one has addressed, only the fact that Mupande won’t issue it.

Anyway, as @Frank says “Food for thought” and if there is one thing that I try to do more than anything else on this forum…. It’s promote thoughts around matters relating to our investment, rather than just commenting

The other thing I try to do is get off this forum but I think (like Wombles and others here) I have become the victim of a now ingrained habit so if someone can answer the above question satisfactorily I will hopefully be able to move on

I feel like the divvying up of the payment may be an excuse to hold up the project as well, I'm sure AVZ would just pay it in full if a number was calculated by the cocksucker at CAMI.
Speaking of the number it was mentioned at one of the presos but I think it was along the lines of 220-250k annually maybe. I'm sure someone remembers better than me but yes a number was put out there and you are not imagining things.

 

[MoneyBags1348]

I feel like the divvying up of the payment may be an excuse to hold up the project as well, I'm sure AVZ would just pay it in full if a number was calculated by the cocksucker at CAMI.
Speaking of the number it was mentioned at one of the presos but I think it was along the lines of 220-250k annually maybe. I'm sure someone remembers better than me but yes a number was put out there and you are not imagining things.

Thank fuck for that Sam, I thought I’d seen the amount calculated, thanks mate

 

[Xerof]

Thank fuck for that Sam, I thought I’d seen the amount calculated, thanks mate

Sorry to interrupt, but wouldn’t DATHCOM get the invoice, for 100%? (I feel I have said this before, maybe twice or more times)

Yes, I’ve seen or heard a figure circa 200k too

 

[LOCKY82]

Why is it not allowed to ask critical questions here?

Of course it's allowed mate! But there's no guarantee users will like, agree with or trust your line of questioning that's all. Post away.

 

[Xerof]

I’m tired of being a Kunt, so have designated myself as a circle jerker, given most of my input these days is regurgitation of meaningless, repetitive crap

Sorry team, I’ll try harder, after Christmas

Unless of course you’re all happy with a Kunt

 

[Samus]

Sorry to interrupt, but wouldn’t DATHCOM get the invoice, for 100%?

Yes, I’ve seen or heard a figure circa 200k too

My thought process was along the line that Mapunde may be using the uncertainty around the dathcom share register to delay the calculation. Ie refuse to calculate until there is a definite percentage for each partner on the official record.
But that's only speculation, not sure what other excuses he might have. Fucker is hunkered down somewhere not saying a word.
Probably snorting coke in some gated mansion with his pet tiger and armed guards.

 

[Charbella]

Try to read and understand this Onto my third attempt.Very juicy!

 

[Retrobyte]

At least the ads are getting better

Ohh and for anyone that likes suspensions and trading halts I’m super good at picking them also




View attachment 23730

Here's the ad we want to see ....

 

[Onthefm]

I've been inside Chinese factory workers accommodation in China.

Looks exactly like what's in this vid.

The sleeping arrangements with a sheet or a blanket hanging up for privacy.

The ones I went to typically had about 8-16 people/beds to each room

The fucking toilets in the floor with the foot positions on the side where you have to squat ......fucking nearly shit in my pants everytime I used one of those.....and they're always filthy.

To this day I can't fathom how you're supposed to use the fucking things.

So that accomodation there just looks like a replica of workers accommodation in mainland China.

That's probably why it's set up like that.....the Chinese believe it to be acceptable accommodation for workers

If the DRC could just issue the fucking ML and let AVZ get on with the job the accommodation and conditions for the workers we would bring by Australian standards would be like chalk and fucking cheese compared to the Chinese

It would be the simplest, lowest hanging fruit you could ever pick in positive worker/management relations in bloody industrialised history

Yes mate but how many times do u see foot prints on western style crappers 100 % of the time. To me that's shit u live with. Its all about paying people properly and let them decide. I would hope that our company pays our people 2 to 3 times the going rate. The base rate is ridiculously low make a statement that we are hear for the long term and want to be the facilitator of change for the Congolese workers. Then it's a lay down maier.

 

[Mr Inappropriate]

Netoo on fire on the Musk Hellscape.