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ImminentHave been told they are still working on it so may not be today but should be sometime next week.
In my opinion it will be the best if BoD stop the TH and open the Market. So everybody of us can decide if he want to sell or not.
I don't like the colour of my fuchsia's against the backdrop of the deep green ivy and muted dark grey pallete of the distanced textured wallWhat's your problem ?
pretty sure he hasn't found the cheese yetI don't like the colour of my fuchsia's against the backdrop of the deep green ivy and muted dark grey pallete of the distanced textured wall
What's yours?
pretty sure he hasn't found the cheese yet
Hurry up Nut …running out of Time/Cash
If you want a view of where we could be headed, read the following:
In 2016, DIGOIL (a US oil and gas explorer) took the DRC govt to the International Court of Arbitration over the DRC's failure to honor two contracts for oil exploration and production, causing DIGOIL to incur significant losses and lose the opportunity to develop the oil fields (sound familiar?).
DIGOIL was vindicated, and awarded over $619 million in damages, including legal costs by the International Court of Arbitration in Paris (all good so far).
In 2019, the DRC govt appealed to the Paris Court of Appeal, which rejected the DRC's arguments and authorized enforcement of the arbitral award. DIGOIL then sought to confirm the award in the United States District Court for the District of Columbia, which entered a default judgment against the DRC and confirmed the arbitral award against them (three years later, still good).
Since the DRC is a signatory to the International Centre for Settlement of Investment Disputes (ICSID) Convention, and a Contracting State to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention), it is bound by its rules. If the DRC decides to not cough up any future settlement amount, the appellant can apply to have the DRC’s local assets forfeited in order to meet the arbital award (the appellant can also utilise the legal system of any other nation where the DRC has assets in order to get restitution).
If this is not resolved this year, we potentially risk a decade of court cases and appeals. Happy days…
Cheers
F
I don't think the DRC gives two shits about a ICC ruling or have any intention of abiding to any ruling or paying any fine.
The mentally of corruption is so engrained into the culture that I see little hope of change.
Absolute shit show. Tribalism, corruption, poverty, political instability, insurgency, warfare.
I feel sorry for the common people who have to put up with those higher up that just exploit them and their countries wealth for the benefit of the few.
Short sighted currupt fucking kunts running things.
Peter is a pet. He has his uses. If he didn’t say anything, it may have taken days before someone recognised the change on the CAMI portal.Peter Clark.
Turns up, posts rubbish in broken english, gets ridiculed, continues on with agenda.
Like ffs I think most of understand we invested in a country with MASSIVE sovereign risk. Our BoD followed all the rules, followed the mining code. Hired competent lawyers well versed in DRC laws . AVZ spent the money, did the exploration. We uncovered a monster deposit.
We then proceeded to get fucked over by corruption and the Chinese who wanted to take the resource illegally.
The law is on our side, corruption and dirty politics are not.
OMG PLEASE put this on twitter and tag him
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CODE | TYPE | OBSERVATION | JV EN COULEUR |
---|---|---|---|
12202 | PE | DECHU | MANOMIN |
12203 | PR | SEGMAL | |
12204 | PR | SEGMAL | |
12205 | PR | SEGMAL | |
12206 | PR | COMINIERE | |
12436 | PR | DATHCOM mining SAS | |
12437 | PR | COMINIERE | |
12438 | PR | UATT | |
12439 | PR | UATT | |
12440 | PR | UATT | |
12441 | PR | UATT | |
12442 | PR | TANbGANIKA | |
12443 | PR | SOMIMI | |
12444 | PR | SOMIMI | |
12445 | PR | SOMIMI | |
12447 | PR | UNITED COMINIERE SAS | |
12448 | PR | UNITED COMINIERE SAS | |
12449 | PR | DATHCOM mining SAS | |
12450 | PR | DATHCOM mining SAS | |
12452 | PR | LOND HAO COM | |
12453 | PR | COMFORCE | |
12454 | PR | DATHCOM mining SAS | |
12455 | PR | UATT | |
12456 | PR | SOMIMI | |
12457 | PE | COMINIERE | |
12458 | PR | TANbGANIKA | |
12459 | PR | DATHCOM mining SAS | |
12460 | PR | UNITED COMINIERE SAS | |
12461 | PR | COMINIERE | |
12462 | PR | UNITED COMINIERE SAS | |
12463 | PR | COMINIERE | |
12707 | PR | MURUMBI mineral | |
12708 | PR | MURUMBI mineral | |
13065 | PE | SEGMALE | |
13244 | PE | UATT | |
13245 | PE | UATT | |
13246 | PE | UATT | |
13247 | PE | COMFORCE | |
13348 | PR | MINOCOM mining SAS | |
13359 | PR | DATHCOM mining SAS | |
13698 | PER | MINOCOM mining SAS |