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.
AVZ Discussion 2022
- Thread starter GazDix
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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.
Xerof
Flaming 1967
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
Flaming 1967
I won't ejaculate until I see an AVZ announcement - anything else is premature
Carlos Danger
Top 20
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
Regular
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
Top 20
It's not like we have a choice
Mr Inappropriate
Regular
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.
Another chain puller ?
Mr Inappropriate
Regular
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."
I do and dismiss the crap while others take it as gospel resulting in depression. That is the point I was making. Simple.
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.
We do by ignoring the crap and getting on with our lives.
Point Piper Dealer
Member
Geo_au you mentioned on HC that the board are all in the DRC, where did you hear that from?
kron
Regular
Perhaps. His Twitter info showed he's a journalist which is why I posted.
Frank
Top 20
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