AVZ Discussion 2022

[Xerof]

Hasn't it already been established that COMINIERE's request for financing detail within 90 days is a load of bullshit and does not give them rights to terminate?

@Carlos Danger enter stage left

Anyway, as is usual in the DRC, this is not new news, it relates to events that happened months ago, and is just getting regurgitated for entertainment purposes. I see cuntLars has gone into hysteria over it on X

 

[RHyNO]

These idiots are getting desperate . They know they don't have a leg to stand on .

Yep absolutely stinks of final desperation. It’s like “yeah we are ready to go with our Chinese partners and have the funding, of course there’s the tricky little business of us not actually owning the rights to anything at all but we are certainly ready to go” I’d like to see cong explain his position in realistic terms!

 

[Lucas Don Velor]

Lithium RDC : Résiliation ou pas de DATHCOM par COMINIERE, accords officieux signés avec ZIJIN et DATHOMIR excluant AVZ ? - Kongo Presse

En même temps, la COMINIERE engage des négociations pour des collaboration futures sur le lithium avec le groupe Chinois ZIJIN (JIN CHENG) qui avait tenté de faire un achat illégale selon l'Inspection Générale des Finances...

kongopress.com

 

[Mr Inappropriate]

Hasn't it already been established that COMINIERE's request for financing detail within 90 days is a load of bullshit and does not give them rights to terminate?

@Carlos Danger enter stage left

Anyway, as is usual in the DRC, this is not new news, it relates to events that happened months ago, and is just getting regurgitated for entertainment purposes. I see cuntLars has gone into hysteria over it on X

I’m also interested in this.

I have a vague recollection of the request being interpreted by AVZ as a nefarious means for Cominier to obtain important commercial info help inform their attack on us along with their corrupt buddies (cough #Fuckzijin).

AVZ has seemingly done everything by the letter of the law and by the contract. It would truely suck if there was a minor technical breach that was being overblown by Cominere into a reason for dissolution.

 

[JAG]

Its seems our leaders are no longer in the DRC?

A - Has a deal been struck with an announcement due next week?

B - A deal has not been struck and they have said "f it, we go to court"

C - Returned home to prepare for Fathers Day?

 

[geo_au]

Hasn't it already been established that COMINIERE's request for financing detail within 90 days is a load of bullshit and does not give them rights to terminate?

@Carlos Danger enter stage left

Anyway, as is usual in the DRC, this is not new news, it relates to events that happened months ago, and is just getting regurgitated for entertainment purposes. I see cuntLars has gone into hysteria over it on X

The question one needs to ask and pay attention to are, who are our board talking to? simple answer, it is not Comminire but Cami. So what Cominiere says should be taken taken with a pinch of salt as they are fighting to stay alive by trying to hoodwink the gullible, that's why some are optomistic one week and pessimistic the next. Let's be clear what Comminire says is irrelevant to the high level discussions taking place between our board and Cami so suggest you all settle down and leave to the board to do their job and bring these matters to satisfactory conclusion.

 

[JasonM]

Its seems our leaders are no longer in the DRC?

A - Has a deal been struck with an announcement due next week?

B - A deal has not been struck and they have said "f it, we go to court"

C - Returned home to prepare for Fathers Day?

how do you know they are no longer there?

 

[kron]

I'd hate to get anyone's hopes up prematurely but I just read this...

 

[Xerof]

The question one needs to ask and pay attention to are, who are our board talking to? simple answer, it is not Comminire but Cami. So what Cominiere says should be taken taken with a pinch of salt as they are fighting to stay alive by trying to hoodwink the gullible, that's why some are optomistic one week and pessimistic the next. Let's be clear what Comminire says is irrelevant to the high level discussions taking place between our board and Cami so suggest you all settle down and leave to the board to do their job and bring these matters to satisfactory conclusion.

Why don't you pay attention to what some of us are trying to do here - dispel every shred of utter crap being put on SM by detractors and criminal players. If it's left to fester in the minds of the gullible, they will eventually get their way.

 

[Xerof]

I'd hate to get anyone's hopes up prematurely but I just read this...

I won't ejaculate until I see an AVZ announcement - anything else is premature

 

[Carlos Danger]

Hasn't it already been established that COMINIERE's request for financing detail within 90 days is a load of bullshit and does not give them rights to terminate?

@Carlos Danger enter stage left

Anyway, as is usual in the DRC, this is not new news, it relates to events that happened months ago, and is just getting regurgitated for entertainment purposes. I see cuntLars has gone into hysteria over it on X

I’m also interested in this.

I have a vague recollection of the request being interpreted by AVZ as a nefarious means for Cominier to obtain important commercial info help inform their attack on us along with their corrupt buddies (cough #Fuckzijin).

AVZ has seemingly done everything by the letter of the law and by the contract. It would truely suck if there was a minor technical breach that was being overblown by Cominere into a reason for dissolution.

Here's Article 18.3 that CKK is citing to terminate the JVA

Here's Article 11 that 18.3 references

Here are Articles 19 and 20.8 that talk about requirements of producing documents

I haven't been able to find anything specifically about a 90 day window for producing financial records but Cominiere are most likely trying to use one of these rules as justification for the termination of the JVA

Article 19.1 includes a line about parties not being required to produce documents if it may 'affect the security and/or efficiency of the operations of Dathcom'. It's possible management are using this as their reasoning for why they didn't have to give Cominiere the financial records.

But considering everything about how we are financing this is on public record anyway through official announcements it seems a bit weird to me that management wouldn't have just complied with the request. Regardless of why AVZ didn't provide the documents Article 11 clearly states that only the ICC can settle disputes within the JVA. Not some back alley brown paper bag courts in the DRC.

 

[Mr Inappropriate]

I'd hate to get anyone's hopes up prematurely but I just read this...

FMD our situation is amazing. The roller-coaster metaphor does no justice to our ever-changing real world emotions.

I hope everyone is ok.

 

[Carlos Danger]

suggest you all settle down and leave to the board to do their job and bring these matters to satisfactory conclusion

It's not like we have a choice

 

[eqtrade]

IMO, AVZ should not negotiate with Z and Cominiere from now on to ICC. It's their another tactic to delay ICC one more time. They would request ICC for delay because we agree to sit down for negotiation, then nothing can be agreed. Can't be fooled any more.

 

[Mr Inappropriate]

Here's Article 18.3 that CKK is citing to terminate the JVA

View attachment 43064

Here's Article 11 that 18.3 references

View attachment 43060
View attachment 43061

Here are Articles 19 and 20.8 that talk about requirements of producing documents

View attachment 43062
View attachment 43063

I haven't been able to find anything specifically about a 90 day window for producing financial records but Cominiere are most likely trying to use one of these rules as justification for the termination of the JVA

Article 19.1 includes a line about parties not being required to produce documents if it may 'affect the security and/or efficiency of the operations of Dathcom'. It's possible management are using this as their reasoning for why they didn't have to give Cominiere the financial records.

But considering everything about how we are financing this is on public record anyway through official announcements it seems a bit weird to me that management wouldn't have just complied with the request. Regardless of why AVZ didn't provide the documents Article 11 clearly states that only the ICC can settle disputes within the JVA. Not some back alley brown paper bag courts in the DRC.

View attachment 43066

Good work as usual, @Carlos Danger - they are the clauses in question. I feel better reading those again as Cominier’s actions were seemingly unilateral i.e. no invocation of the Arbitrage arrangements from 11.1.

 

[wombat74]

I'd hate to get anyone's hopes up prematurely but I just read this...

Another chain puller ?

 

[Mr Inappropriate]

IMO, AVZ should not negotiate with Z and Cominiere from now on to ICC. It's their another tactic to delay ICC one more time. They would request ICC for delay because we agree to sit down for negotiation, then nothing can be agreed. Can't be fooled any more.

Sidenote: Bush’s actual quote was “There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again."

 

[geo_au]

Why don't you pay attention to what some of us are trying to do here - dispel every shred of utter crap being put on SM by detractors and criminal players. If it's left to fester in the minds of the gullible, they will eventually get their way.

I do and dismiss the crap while others take it as gospel resulting in depression. That is the point I was making. Simple.

 

[geo_au]

It's not like we have a choice

When we invest we no choice but to leave it in the hands of our competent board. We can speculate till the cows come home but they know more than any of us so get behind them.

 

[wombat74]

Can we go back to talking about how big the settlement is going to be .

$2.50 AU