AVZ Discussion 2022

Dave Evans

Regular

Summit for a new global financial pact in Paris: Prime Minister Jean-Michel Sama Lukonde carries the message of the Head of State, Felix-Antoine Tshisekedi Tshilombo​

June 22, 2023 by COMMUNICATION CELL in NEWS

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The United Nations Sustainable Development Solutions Network (SDSN) is organizing an event with the City of Paris on strengthening access to long-term finance for sustainable development in cities and around the world.Arrived early this morning in Paris, capital of France, the Prime Minister, Jean-Michel Sama Lukonde, is at the head of a delegation made up of several members of the Government, in particular the Ministers of State for the Budget, the Environment, Regional Planning (Editor's note: he was already in Paris before the large delegation), the Deputy Minister of Foreign Affairs as well as the Minister of Communication and Media.

The event took place face-to-face on Wednesday, June 21, one day before the official opening of the Summit for a new global financial pact. It has a dual objective: financing sustainable development in cities and rethinking the global financial architecture to achieve the SDGs and the Paris Climate Agreement. Given the position of the DRC with regard to its resources, as a solution country in the fight against global warming, the Prime Minister is carrying a message from the President of the Republic to this world summit.

The Minister of Communication and government spokesman fixed the opinion by reaffirming that the DRC wants to see all the promises made, through its global role in the fight against climate change, materialize.
“We have just arrived in Paris to accompany the Prime Minister, Head of Government, who represents the President of the Republic, to this major Summit on the new global financial pact initiated by President Macron. During this work, it will be a question of rethinking the global financial system, 80 years after the Breton Woods agreements, which created the IMF and the World Bank. We must also look at how humanity responds to climatic imperatives. You know that the DRC is a solution country and in relation to all these subjects, there are opinions that the Democratic Republic of Congo intends to issue. This is why there is this delegation which has just arrived in Paris for this work. We are positioning ourselves as a solution country not because we want to say so, but because we have the necessary resources. And you know that every second that polluters pollute, every second also the DRC ensures that the global temperature is regulated, in particular through its forests. Many promises have been made. Here, we want to see these promises become concrete. Because we must stop this haemorrhage that affects our humanity. And so from this point of view as on other subjects, we have opinions to issue, ”said Patrick Muyaya to the press.

It should be noted that this summit for a new global financial pact is under the leadership of President Emmanuel Macron and has the participation of more than 100 Heads of State and Government from all continents.
This Paris Summit is being held on June 22 and 23. Convened by President Emmanuel Macron, it takes place in an international context marked by the repercussions of the multiple climate, energy, health and economic crises, particularly in the most vulnerable countries. It pursues four main objectives: Restore fiscal space to countries facing difficult short-term situations, in particular the most indebted countries; Foster private sector development in low-income countries; Encourage investment in “green” infrastructure for the energy transition in emerging and developing countries; Mobilize innovative financing for countries vulnerable to climate change.

Again, another reason to keep our story in the headlines. No doubt Lukonde will be spinning bullshit with any mention of AVZ

I know the following has been posted here a number of times already, but it’s important to keep it out there for occasions like this

Read the AVZ story. AVZ Minerals spent 6 years & millions of dollars developing the Manono Project, only to have the project, ML & ownership delayed by the illegal actions of Cominiere, Chinese company Zijin and Simon Cong (Read the IGF report)

For 6 years in the DRC AVZ Minerals carried out Soil Sampling; Field Mapping; Consulting; Drilling; Metallurgical Testing; FEED Study; Securing a lease on an Industrial Site for logistics including road haulage, rail & port services & infrastructure rehab to the road from Manono

AVZ produced a 160-page Definitive Feasibility Study; Received DFS Technical Approval; Had a SEZ Agreement; Tendered for Mining Infrastructure and followed the DRC Mining Code. AVZ satisfied all required approvals - Environmental Approval; Financial Capability (through Raising Capital, Negotiating Funding with Pan African DFI’s, Arranging funding and Offtake Agreements with CATH, Obtaining Several Offtake Agreements for both Lithium and Tin) Favourable Cadastral Opinion & Favourable Technical Opinion of the DFS for the Manono project. The Ministerial Decree to award the ML was granted last April then taken away

AVZ Minerals also produced an 85-page Sustainability Report committed to Environmental and Social Governance (ESG) including Socio - economic benefits, Preserving environmental values, Providing a transparent and ethical supply chain, Ending poverty, Improving health and education, Economic growth and employment, Minimising greenhouse gas emissions, Preserving biodiversity, Restoring the Mpiana Mwanga Power Plant and Supplying energy and contributing to the local communities. AVZ's Environmental Study and Impact Assessment Reports included 7 ESIA's and Groundwater Management.

Now following the DRC taking away AVZ's ownership and delaying the Mining License, AVZ has been forced to take the DRC to International Centre For Settlement of Investment Disputes (ICSID)
 
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pow4ade

Regular
Reads like an opinion piece with no intel supplied. Are you trying to incite people to malign the president,
Yes, correcto, a brain fart which on second thoughts I had deleted shortly thereafter as being too negative towards the dear leader. It was late after a rough day. 😖
 
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Frank

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Praise the Lord ( Of Lithium ) 🙏

Here's somebody who calls a Spade a Spade & Not a Shovel 😇

 
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Winenut

GO AVZ!!!!
Yes, correcto, a brain fart which on second thoughts I had deleted shortly thereafter as being too negative towards the dear leader. It was late after a rough day. 😖
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Frank

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Former collaborators of Félix Tshisekedi without exit benefits for six months

The President of the Republic Félix Tshisekedi is accused of not paying exit indemnities, for six months today, to his former collaborators.

The last alarm bell was sounded by Elisée Kaozi, former member of the investment cabinet, on Twitter this Friday, June 23, 2023.

Despite the correspondence addressed to the Director of Cabinet Guylain Nyembo, these correspondences remained unanswered, completely ignored.

However, with the budgetary surpluses of the presidency of the Republic, it is hardly thinkable that Félix Tshisekedi would thank his former agents in this way.

For those who have worked with integrity, loyalty and dedication, this is a violation of the Constitution and purely disrespectful.

Paradoxically, underline these agents, there is no shortage of money for "useless" trips, "imaginary" service missions. (y)

They are therefore forced to live miserably, despite being fathers and mothers of families.

A precarious situation that does not say its name, while they served the head of state with honesty.


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Frank

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Arrest of Franck Diongo: his mother takes Tshisekedi solely responsible!

More and more reactions after the arrest of the national president of the MLP, Franck Diongo.

After his political family, it is the turn of his biological family.

The mother of this opponent of Felix Tshisekedi comes out of her silence to denounce the arrest of her offspring.

Direct, the mother of Franck Diongo spoke about the state of health of her son as well as that of her husband.

And warns the President of the Republic Félix Antoine Tshisekedi of his responsibility if harm happens to Franck Diongo.

“We were all happy to see Felix Tshisekedi take power in this country.

But why did he do this to us?

Mobutu arrested Franck, Kabila the father and Kabila the son too.

But why you too?” she wondered.

And to add:

“My husband and I are totally dependent on him and at the moment his father is seriously ill. Who will take him to the hospital?

If something happens to my husband or to myself or even to Franck, you will be solely responsible for it”.

Arrested on Tuesday, June 20 by armed men while returning from mourning, the Congolese opponent Franck Diongo has so far been detained in a secret place, according to his relatives.

The reasons for his arrest remain unknown until now.

mediacongo


*Sounds like Tshisekedi has been taking lessons from Putin's play book to me :eek: :( :eek: :oops: :eek:
 
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Frank

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TDITD

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$12
 
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Retrobyte

Hates a beer
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Flight996

Regular
The Financial Action Task Force (FATF) is an intergovernmental organization that aims to combat money laundering and terrorist financing.

FATF maintains a list of countries that it considers to be high-risk or non-cooperative in the fight against money laundering and terrorist financing.

Guess which country is well-entrenched in this inglorious list of wrong-doers...the Democratic Republic of Corruption (DRC). This basket case of a country seems to feature in quite a number of undesirable lists...all of which result in reputational damage, and increase the DRC's costs of trade and international business.

Cheers
F
 
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Flight996

Regular


PLS:
PLS's MC is AU$14.69 billion ($4.90 x 2.977b SOI) and trading at 6.05 PE.
Its JORC compliant ore reserve is 159 Mt @ 1.2% Li ore for 1.9 Mt of Li.

That's AU$92.39 per tonne of JORC compliant ore in the ground.

AVZ:
AVZ's MC is AU$2.75 billion ($0.78 x 3.53b SOI)
Its current JORC compliant reserve is 401 MT @ 1.65% Li ore for 6.6 Mt of Li at Roche Dure only.

That's AU$6.86 per tonne of JORC compliant ore in the ground.

I'll leave you to decide or guess a figure that better reflects the true worth of AVZ's 75% of dathcom, taking into account that PLS is producing and AVZ is not (capex approx $0.5 billion), AVZ's ore is homogenous from surface, the ongoing DRC shitfuckery and scheduled arbitration cases, and the likelihood of Carriere de l’Est and others eventually doubling the the company's ore reserves.

While simplistic, it still indicates that two, three, four and five dollars per share are unrealistically low assessments of AVZ's value.

Cheers, and hope your team has a win.
F
 
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Samus

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Arrest of Franck Diongo: his mother takes Tshisekedi solely responsible!

More and more reactions after the arrest of the national president of the MLP, Franck Diongo.

After his political family, it is the turn of his biological family.

The mother of this opponent of Felix Tshisekedi comes out of her silence to denounce the arrest of her offspring.

Direct, the mother of Franck Diongo spoke about the state of health of her son as well as that of her husband.

And warns the President of the Republic Félix Antoine Tshisekedi of his responsibility if harm happens to Franck Diongo.

“We were all happy to see Felix Tshisekedi take power in this country.

But why did he do this to us?

Mobutu arrested Franck, Kabila the father and Kabila the son too.

But why you too?” she wondered.

And to add:

“My husband and I are totally dependent on him and at the moment his father is seriously ill. Who will take him to the hospital?

If something happens to my husband or to myself or even to Franck, you will be solely responsible for it”.

Arrested on Tuesday, June 20 by armed men while returning from mourning, the Congolese opponent Franck Diongo has so far been detained in a secret place, according to his relatives.

The reasons for his arrest remain unknown until now.

mediacongo


*Sounds like Tshisekedi has been taking lessons from Putin's play book to me :eek: :( :eek: :oops: :eek:

Also reading on twitter this potential operation against Kabila.
But knows what to believe on social media coming out of the DRC.
:unsure:
 
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Remark

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Let's forget about our shared shitshow for the night, happy hangover people:D
 
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CashKing

Regular
Let's forget about our shared shitshow for the night, happy hangover people:D
Couple of VB’s should sort that out mate 👍
 
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Dazmac66

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Samus

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Time to crack out the Diplimatico then 🥃
Cheers! 🥴
 
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Frank

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Embezzlement of public funds is the basis of lack of Infrastructure

The whole of humanity celebrates every June 13 of the year, the international day for the protection of whistleblowers.

On the sidelines of this day, the Congolese League for the Fight against Corruption, (LICOCO) and the Observation of Public Expenditure, (Odep) co-organized the morning of exchange, this Friday, June 23, 2023 in the amphitheater of the General Inspectorate of Finance (IGF) located in the commune of the commune of Gombe, for the sharing of information.

During this morning of discussion, the General Inspectorate of Finance explained all the contours of corruption in the DRC and the work done by whistleblowers in the fight against corrupt practices.

For the Head of the IGF, Jules ALINGETE NKEY, since independence, the DRC has gone from fifteen million inhabitants to 100 million inhabitants with the same infrastructure without job creation.

“It follows today that we have serious problems in the big cities, we have serious problems at the level of society, problems created by unemployment, by bad management of finances and if we do not manage very well these problems we risk having anti-values almost at the entire level of the country,” he said.

And to add that it will be necessary to militate and privilege first the collective well-being than individual because the collective well-being will reduce corruption.

The Congolese must make the general disapproval of the embezzlers of taxpayers' money so that these financial criminals who mortgage the future of our children cannot express themselves.

Despite the struggle of whistleblowers, the DRC does not have a legal framework to protect whistleblowers.

The Democratic Republic of Congo is full of enormous resources, does not advance because of the diversion of the last public.

And whistleblowers must not expose themselves to the predator in public finance but must do so discreetly in order to avoid threats.

"The impression I sometimes have, we are all in a culture where there is no red line and the crimes of embezzlement are trivialized and we swim in this culture and even the desire to denounce it we have it not”, testified Florimond Muteba PCA of Odep.

Corruption is a scourge that must be fought.

And there is a direct correlation between development and corruption, the statistics of the world prove them that the most developed countries are countries where corruption is fought and countries where corruption is high, the degree of misery is also too high.


www.tsieleka.com/2023/06/24/rdc-le-detournement-des-deniers-publics-est-a-la-base-de-manque-dinfrastructures-jules-alingete/



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SilentOne

Regular


View attachment 38865


* Hmm, about 910 Corrupt Kunts too many tbo :unsure: :rolleyes: :(

Well it would be another round of Brown Paper Bags if FT doesnt get back in - can Sin Bin afford it? No Mine no Battery Hub in the DRC.

Regards - Silent
Just a thought bubble
 
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