AVZ Discussion 2022
- Thread starter GazDix
- Start date
Samus
Top 20
You don't sue the government if prospects are looking good to work with them in the future, only as a last resort.
I'd love to know what proponents of anything other than a takeover or suing of the DRC government are thinking as an alternative?
You want to try to work with these corrupt pricks enduring constant hostility by the Chinese? After many years of legal battles to establish our rights? (Sounds to me like a delusional fantasy)
Nigel himself said the whole thing is worth next to nothing without a licence. We either need the licence as part of a negotiated outcome or we try to sue the arse off DRC for more than their entire gdp which sounds like pushing diahorea up hill without a shovel.
Best outcome imo is we sell to whatever corrupt Chinese schmucks of the DRC's choosing with the licence as part of the settlement. This unlocks the deposit for them and saves years of legal battles for AVZ.
We'll likely not get anything like what it's 'worth' but China and the DRC's government have rendered it effectively worthless anyway and they had better make a somewhat reasonable offer or it simply remains locked up. And with drc snuffling their 28% the higher the offer the better for them.
If we get a takeover the shorts still burn and the Chinese don't get the opportunity to buy up shares dirt cheap on re-listing.
Shareholders walk away with something in their pocket to put towards greener pastures.
Happy fucking days and lesson learned.
Alternately we can hang on for years in the hope to become exceedingly wealthy one day.
Imo there are more important things in life and the mental health is one of them.
Or we need that 'miracle'
in which case I'll renounce all my sins and blasphemy to Xerof.
But having said that if we get the licence by some miracle then fucking sell it anyway and gtfo of DRC! Red flags everywhere! Every fucking where!! The treacherous DRC government can't be trusted!
I'd love to know what proponents of anything other than a takeover or suing of the DRC government are thinking as an alternative?
You want to try to work with these corrupt pricks enduring constant hostility by the Chinese? After many years of legal battles to establish our rights? (Sounds to me like a delusional fantasy)
Nigel himself said the whole thing is worth next to nothing without a licence. We either need the licence as part of a negotiated outcome or we try to sue the arse off DRC for more than their entire gdp which sounds like pushing diahorea up hill without a shovel.
Best outcome imo is we sell to whatever corrupt Chinese schmucks of the DRC's choosing with the licence as part of the settlement. This unlocks the deposit for them and saves years of legal battles for AVZ.
We'll likely not get anything like what it's 'worth' but China and the DRC's government have rendered it effectively worthless anyway and they had better make a somewhat reasonable offer or it simply remains locked up. And with drc snuffling their 28% the higher the offer the better for them.
If we get a takeover the shorts still burn and the Chinese don't get the opportunity to buy up shares dirt cheap on re-listing.
Shareholders walk away with something in their pocket to put towards greener pastures.
Happy fucking days and lesson learned.
Alternately we can hang on for years in the hope to become exceedingly wealthy one day.
Imo there are more important things in life and the mental health is one of them.
Or we need that 'miracle'
in which case I'll renounce all my sins and blasphemy to Xerof.But having said that if we get the licence by some miracle then fucking sell it anyway and gtfo of DRC! Red flags everywhere! Every fucking where!! The treacherous DRC government can't be trusted!
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I reckon that about sums it up. Now BBOTasx get me out of this fucken cluster fuck ASAP.You don't sue the government if prospects are looking good to work with them in the future, only as a last resort.
I'd love to know what proponents of anything other than a takeover or suing of the DRC government are thinking as an alternative?
You want to try to work with these corrupt pricks enduring constant hostility by the Chinese? After many years of legal battles to establish our rights? (Sounds to me like a delusional fantasy)
Nigel himself said the whole thing is worth next to nothing without a licence. We either need the licence as part of a negotiated outcome or we try to sue the arse off DRC for more than their entire gdp which sounds like pushing diahorea up hill without a shovel.
Best outcome imo is we sell to whatever corrupt Chinese schmucks of the DRC's choosing with the licence as part of the settlement. This unlocks the deposit for them and saves years of legal battles for AVZ.
We'll likely not get anything like what it's 'worth' but China and the DRC's government have rendered it effectively worthless anyway and they had better make a somewhat reasonable offer or it simply remains locked up. And with drc snuffling their 28% the higher the offer the better for them.
If we get a takeover the shorts still burn and the Chinese don't get the opportunity to buy up shares dirt cheap on re-listing.
Shareholders walk away with something in their pocket to put towards greener pastures.
Happy fucking days and lesson learned.
Alternately we can hang on for years in the hope to become exceedingly wealthy one day.
Imo there are more important things in life and the mental health is one of them.
Or we need that 'miracle'
But having said that if we get the licence by some miracle then fucking sell it anyway and gtfo of DRC! Red flags everywhere! Every fucking where!! The treacherous DRC government can't be trusted!
cruiser51
Top 20
Xerof would be making overtime, probably get a young Chinese student to do the job while he goes out surfing.You don't sue the government if prospects are looking good to work with them in the future, only as a last resort.
I'd love to know what proponents of anything other than a takeover or suing of the DRC government are thinking as an alternative?
You want to try to work with these corrupt pricks enduring constant hostility by the Chinese? After many years of legal battles to establish our rights? (Sounds to me like a delusional fantasy)
Nigel himself said the whole thing is worth next to nothing without a licence. We either need the licence as part of a negotiated outcome or we try to sue the arse off DRC for more than their entire gdp which sounds like pushing diahorea up hill without a shovel.
Best outcome imo is we sell to whatever corrupt Chinese schmucks of the DRC's choosing with the licence as part of the settlement. This unlocks the deposit for them and saves years of legal battles for AVZ.
We'll likely not get anything like what it's 'worth' but China and the DRC's government have rendered it effectively worthless anyway and they had better make a somewhat reasonable offer or it simply remains locked up. And with drc snuffling their 28% the higher the offer the better for them.
If we get a takeover the shorts still burn and the Chinese don't get the opportunity to buy up shares dirt cheap on re-listing.
Shareholders walk away with something in their pocket to put towards greener pastures.
Happy fucking days and lesson learned.
Alternately we can hang on for years in the hope to become exceedingly wealthy one day.
Imo there are more important things in life and the mental health is one of them.
Or we need that 'miracle'
But having said that if we get the licence by some miracle then fucking sell it anyway and gtfo of DRC! Red flags everywhere! Every fucking where!! The treacherous DRC government can't be trusted!
you and me both and i am 64 see my youngest and middle child 8 weeks per year , we all lived together before this , finding it hard to make extra money to travel to see the kids , but really i think the BOD have so much stress also , dont blame they there are so many more to blame and I am sure we will get out of this mess as they also have a vested interest in AVZ
Azzler
Top 20
I hear you mate, Feel ya too.
Roughest time of my life, from absolute hero, to just..... this shit... who knows where we end up.
Try our best to keep positive.
You are 64 ? Pigs fly .
yep mate 64 ,, married 4 times but still with the last . live in Java for 8 years Bali 5 years now back to sydney working in construction because of this shit fight , many people here know me but mate now with my 8 year old and my 20 year old for 1 month now , the gods love me hang in there all will be ok
Azzler
Top 20
That was a really nice boat though.
Frank
Top 20
* It's hard to believe, but The Business of doing Business in the DRC is in a Bad way - OMG call the Sheriff
Business climate: Félix Tshisekedi thunders after noticing excessive shenanigans at the one-stop shop
View attachment 38714
In his statement made during the meeting of the Council of Ministers of June 16, 2023, the President of the Republic Félix-Antoine Tshisekedi Tshilombo mentioned the deterioration of the conditions for creating businesses in the Democratic Republic of Congo.
In the report of the Council of Ministers, the Minister of Communication and Media, government spokesman, Patrick Muyaya, hammered home the recommendations of the Head of State who invited the Executive to the need to work to improving the business climate.
On the basis of the information in his possession, he underlined, the President of the Republic dwelt again on the more than worrying situation of the Single Window for Business Creation (GUCE).
"For the Head of State, this entity, though created to facilitate the installation of investors in the country and the formalization of the activities of economic operators, has unfortunately for some time been experiencing a dysfunction in its service characterized, in particular, by long waiting times and discontinuity of service,” said the government spokesman in his report after the meeting of the Council of Ministers.
According to him, the stakeholders were urgently invited to find solutions to put an end to the difficulties currently deplored.
"In view of the seriousness of the situation, the President of the Republic has asked the Prime Minister, Head of Government, to convene around him, as soon as possible, the main stakeholders to, in the very short term, resolve the difficulties of financing and taking charge of the agents and pooling of the intervening services which arise within the GUCE; in the medium term, proceed in parallel with an evaluation of the reform of the GUCE which should make it possible to identify the avenues likely to promote the optimization of the completion of business formalities”, indicated Minister Patrick Muyaya.
In the same vein, the government spokesperson specified that the unit (Business climate) will have to be called upon to find solutions to this problem.
It should be understood that the remorse and anger of the President of the Republic will be able to move things forward in the direction of putting an end to the shenanigans that are already taking shape at the Single Window.
mediacongo
*Shame he doesn't feel / act the same about the "Excessive Shenanigans" at Manono
Because there's a Shitload of Shenanigans going on over there atm
Oh, that's right, I forgot - We don't talk about that in Public
Do we Fatshit
Tick - Tock
View attachment 38715
Frank
Top 20
*Fyi, In other News, I see where,
Sino-Congolese contract: the new Chinese ambassador to the DRC promises to get involved in the resolution of disputes
The new ambassador of the People's Republic of China in the Democratic Republic of Congo, Zhao Bin, during an interview this Wednesday, June 21 with the press, revealed his ambitions, in addition those of his country during his mandate.
Zhao Bin brushed off several topics, including Felix Tshisekedi's state visit to China last month and the Chinese contract.
Regarding the Chinese contract, the one who is already nicknamed "Buatu moko", has promised to get involved in the resolution of disputes between Chinese companies and the Congolese state under the otherwise-Congolese contract signed in 2007.
The Chinese diplomat believes that these disputes can be settled amicably.
This is one of his priorities as the new Chinese ambassador to the DRC.
“We have the same objective, which is to make this cooperation benefit the Chinese and Congolese people.
These disputes must be settled amicably.
I am convinced, in the light of the spirit of friendship, pragmatism and fairness, we will manage to find a happy settlement.
This will be one of the priorities for me after taking office and I will support the ongoing discussions between the Congolese authorities and Chinese companies to find a good methodology for settling these disputes,” he said.
Despite the divergence, noted Zhao Bin, this contract has created more than 20,000 jobs in the infrastructure sector and more than 10,000 in the mining sector.
He then announced that 150 million US dollars for the second wave of Chinese projects in the DRC have already been validated by the Congolese authorities.
The success of this contract, he believes, has attracted more investors who follow suit and allow the DRC to develop this sector.
Zhao Bin also assured that during his tenure as Chinese ambassador, he will ensure the smooth running of cooperation projects underway in the DRC.
In its mission, emphasis will also be placed on training.
According to him, the Congolese side will benefit from around 200 training opportunities in various fields, including security.
Facing the press, he also returned to the recent visit of the Head of State, Félix Tshisekedi, to China.
In this regard, the Chinese diplomat is delighted that this State visit has enabled the strengthening of cooperation agreements which cover not only the mining and infrastructure sectors, but also sectors of the future such as the green economy, the digital and renewable energy.
The visit of the Head of State to China took place in a tense context between the two countries following the publication of a report by the General Inspectorate of Finance (IGF) on the Chinese contract.
It helped to calm the tension between the two countries.
mediacongo
The World Bank is ready to support the government's strategic priorities and important reforms in
The outcome of World Bank projects in the Democratic Republic of Congo was at the center of discussions on Tuesday at the Cité de l'Union Africaine between a delegation from this institution and the Head of State, learned on Wednesday June 21. 2023 ACP Presidency.
“We discussed the partnership between the WB and the DRC. It is a growing partnership.
We discussed ways to ensure that all ongoing projects in the DRC can lead to positive results for the country,” said World Bank Vice President for Eastern and Southern Africa, Victoria Kwakwa, and head of the delegation, on a working visit to Kinshasa from June 17 to 24, 2023.
She acknowledged that the DRC is facing a situation of insecurity marked by armed conflicts and especially Rwandan aggression, via the M23, thus preventing it for several years from taking off properly or making its growth visible.
"Thus, to support the stabilization and development efforts of the DRC, the Board of Directors of the World Bank approved last year a new country partnership framework, running from 2022 to 2026", recalled a source of the Presidency.
“This instrument should support the Congolese government's strategic priorities and important governance reforms,” she added.
mediacongo
Food for thought
Frank
Sino-Congolese contract: the new Chinese ambassador to the DRC promises to get involved in the resolution of disputes
The new ambassador of the People's Republic of China in the Democratic Republic of Congo, Zhao Bin, during an interview this Wednesday, June 21 with the press, revealed his ambitions, in addition those of his country during his mandate.
Zhao Bin brushed off several topics, including Felix Tshisekedi's state visit to China last month and the Chinese contract.
Regarding the Chinese contract, the one who is already nicknamed "Buatu moko", has promised to get involved in the resolution of disputes between Chinese companies and the Congolese state under the otherwise-Congolese contract signed in 2007.
The Chinese diplomat believes that these disputes can be settled amicably.
This is one of his priorities as the new Chinese ambassador to the DRC.
“We have the same objective, which is to make this cooperation benefit the Chinese and Congolese people.
These disputes must be settled amicably.
I am convinced, in the light of the spirit of friendship, pragmatism and fairness, we will manage to find a happy settlement.
This will be one of the priorities for me after taking office and I will support the ongoing discussions between the Congolese authorities and Chinese companies to find a good methodology for settling these disputes,” he said.
Despite the divergence, noted Zhao Bin, this contract has created more than 20,000 jobs in the infrastructure sector and more than 10,000 in the mining sector.
He then announced that 150 million US dollars for the second wave of Chinese projects in the DRC have already been validated by the Congolese authorities.
The success of this contract, he believes, has attracted more investors who follow suit and allow the DRC to develop this sector.
Zhao Bin also assured that during his tenure as Chinese ambassador, he will ensure the smooth running of cooperation projects underway in the DRC.
In its mission, emphasis will also be placed on training.
According to him, the Congolese side will benefit from around 200 training opportunities in various fields, including security.
Facing the press, he also returned to the recent visit of the Head of State, Félix Tshisekedi, to China.
In this regard, the Chinese diplomat is delighted that this State visit has enabled the strengthening of cooperation agreements which cover not only the mining and infrastructure sectors, but also sectors of the future such as the green economy, the digital and renewable energy.
The visit of the Head of State to China took place in a tense context between the two countries following the publication of a report by the General Inspectorate of Finance (IGF) on the Chinese contract.
It helped to calm the tension between the two countries.
mediacongo
The World Bank is ready to support the government's strategic priorities and important reforms in
The outcome of World Bank projects in the Democratic Republic of Congo was at the center of discussions on Tuesday at the Cité de l'Union Africaine between a delegation from this institution and the Head of State, learned on Wednesday June 21. 2023 ACP Presidency.
“We discussed the partnership between the WB and the DRC. It is a growing partnership.
We discussed ways to ensure that all ongoing projects in the DRC can lead to positive results for the country,” said World Bank Vice President for Eastern and Southern Africa, Victoria Kwakwa, and head of the delegation, on a working visit to Kinshasa from June 17 to 24, 2023.
She acknowledged that the DRC is facing a situation of insecurity marked by armed conflicts and especially Rwandan aggression, via the M23, thus preventing it for several years from taking off properly or making its growth visible.
"Thus, to support the stabilization and development efforts of the DRC, the Board of Directors of the World Bank approved last year a new country partnership framework, running from 2022 to 2026", recalled a source of the Presidency.
“This instrument should support the Congolese government's strategic priorities and important governance reforms,” she added.
mediacongo
Food for thought
Frank
Sparrowhawk12
Regular
Reads like an opinion piece with no intel supplied. Are you trying to incite people to malign the president, who stays at arms length so he may yet cause justice for AVZ? Do you know or remember there were reports of a thwarted assassination/coup early this year. FT cannot be perfectly clean to be where he is - he's a Pollie at the top of the tree. But he's surrounded by snakes, jackals & worse. Would you rather go back to Kabila?
CashKing
Regular
Shit pretty rough to get modded around here mate.. Your post wasn’t mod worthy IMO.. You didn’t even call anyone a Cunt
Very Odd.. Fucking boats..
cruiser51
Top 20
He is not surrounded by snakes, jackals and worse, but snakes, jackals and whores.
You forgot the h hawk.
Felix absolutely 100% wants to be re-elected.
It looks like he is going to attempt to rig the election:
DR Congo is heading towards another sham election
But it is not too late to prevent it and ensure a free and fair vote.
RHyNO
Regular
So clearly the DRC govt are an extractive institution. And they all want their beaks wet. Why would they be so keen to stop producing this? Can’t wet beaks if you can’t sell lithium. Can’t extract from a non working mine. I think the BOD have made the right call at the international level. I just hope they’ve done the right thing by the political elite. Ensured them of moist beaks. It’s not tennis it’s MMA. I hope Nigel realises you have strike while they are falling.
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