You'd think a conference room like at the Novotel would already have the setup for this
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Cumquat Cap
Regular
How the fuck can MMGA fly into a country and negotiate with corrupt parties on behalf of ASX listed entity and not be arrested? I hope DLA Piper are working on this because it makes a mockery of our country
By the sounds of it ( or the lack of information ) things seemed to have grinded to a halt in the DRC for us.
I certainly hope AVZ, with their small army of lawyers on retainer, have asked the question if any action can be taken against the three stooges for falsely representing AVZ's interests.
A question for the AGM....
I certainly hope AVZ, with their small army of lawyers on retainer, have asked the question if any action can be taken against the three stooges for falsely representing AVZ's interests.
A question for the AGM....
haha beat me by a few seconds
Dave Evans
Regular
Cumquat Cap
Regular
Anyone think it's worth it contacting all of Peter's employers to make them aware of how he acts against Australian interests?
Agree with this...!
Plus my estimate of $5k or less includes the schmick platform whereby viewers can engage, ask questions and essentially have a moderator ensuring the smooth running.
Not much to ask considering the extenuating circumstances and shitfuckery that's gone on with our investment.
Carlos Danger
Top 20
I would be happy even with it being recorded and uploaded to youtube afterwards. Would cost literally nothing.
Azzler
Top 20
Look this would be fantastic if someone can simply do this. Audio would likely suck but better than nothing.
You might need to be discreet.
It actually freaks me slightly that they aren't streaming it, like they are hiding.
I really think shareholders deserve better, especially after what we've all been through.
Insulting even.
10 days to go, wish it was over already.
Hodlandwin69
Regular
MMGA will probs use this disgruntlement of us all and say "the current board is not being transparent by having the AGM in person only"
TDITD
Top 20
Your right Hodl MMGA always quick to jump on a cheap and weak angle, desperate to distract from their painfully obvious sponsored attempt at theft.
If anyone is interested in what MMGA has to say at this point, then that individual is a lost cause.
After the AGM our BOD need to be full steam ahead. Remind the criminals masquerading as ministers that the AVZ BOD mutiny failed, so now you've pissed us off and we are stepping up our litigation ICC fines are coming along with emergency injunctions and ICSID is shaping up nicely $12B please. Of course, we are happy to sign the MOU if you want to act like fucking adults.
If anyone is interested in what MMGA has to say at this point, then that individual is a lost cause.
After the AGM our BOD need to be full steam ahead. Remind the criminals masquerading as ministers that the AVZ BOD mutiny failed, so now you've pissed us off and we are stepping up our litigation ICC fines are coming along with emergency injunctions and ICSID is shaping up nicely $12B please. Of course, we are happy to sign the MOU if you want to act like fucking adults.
BRICK
Top 20
MAYBE
its because they dont want any footage released for either media or other related issues?
On balance, probably the smart decision is not to be online.
AVZ need to tightly manage the meeting.
Online would give a stage for folk to grandstand and also provide video that could be misrepresented or used out of context.
Not implying MAGA would grandstand or stoop so low, of course.
Not expecting much new info to come out of the meeting anyway. Just want to see the vote go our way. Hopefully that will spur on DRC to finalise the MOU, or generate a buy out.
AVZ need to tightly manage the meeting.
Online would give a stage for folk to grandstand and also provide video that could be misrepresented or used out of context.
Not implying MAGA would grandstand or stoop so low, of course.
Not expecting much new info to come out of the meeting anyway. Just want to see the vote go our way. Hopefully that will spur on DRC to finalise the MOU, or generate a buy out.
9cardomaha
Regular
First domino to fall is now looking like the increased emergency injunction, which conveninently is 24th Nov. Cominiere managed to delay submissions to 9th of November... + 15 days, whoops missed the AGM.
They didn't even do anything particularly clever, just copped the late submission fine of a few thousand euros - paid for by Z. But at least it gives a bad impression for the arbitrator who was already favouring AVZ.
DLA Piper earning their keep, and doubling down on the favourable ruling for 50k penalty - in the modified injunction are things like rolling back 15775, verdict on hydro and increasing penalty to 150k as i've mentioned. Everyone worried about enforcement needs to understand how injunctions with penalties work.....
The injunction is provisional and will continue to count upward until AVZ decides to go before a tribunal to enforce. Once it is enforced, the counter stops and we are paid whatever sum we are owed, along with any verdicts which are stipulated in the injunction. ICC has a very high enforcement rate for injunctions and only under extreme circumstances does an injunction not get enforced when it goes to tribunal.
As for monetary fines, these are placed on Cominiere but ICC's jurisdiction gives it power over all major international financial institutions. So Z wants to pay money to C.... it'll get flagged and paid to AVZ until the fines are all paid off. So the money is going to come our way regardless... not optimal but could be fucking worse.
On ownership rights, ICC are a little weaker, the judgements need to be taken back to local DRC courts for enforcement.... this is a pretty big issue because i don't think anyone here trusts the DRC judicial system. But silver lining is, if DRC local courts refuse to enforce, we have grounds to recalculate to monetary damages, and the ICC can just continue adding to the monetary penalty. Again, not optimal but better than nothing.
My assumption is that if we can get the monetary penalty high enough upon enforcement, then Cominiere can't pay and Z doesn't want to foot the bill, then we can negotiate something.
On another note, we submitted an emergency request to have the 15% ICC case withdrawn. Z has managed to delay that to early decemember
They didn't even do anything particularly clever, just copped the late submission fine of a few thousand euros - paid for by Z. But at least it gives a bad impression for the arbitrator who was already favouring AVZ.
DLA Piper earning their keep, and doubling down on the favourable ruling for 50k penalty - in the modified injunction are things like rolling back 15775, verdict on hydro and increasing penalty to 150k as i've mentioned. Everyone worried about enforcement needs to understand how injunctions with penalties work.....
The injunction is provisional and will continue to count upward until AVZ decides to go before a tribunal to enforce. Once it is enforced, the counter stops and we are paid whatever sum we are owed, along with any verdicts which are stipulated in the injunction. ICC has a very high enforcement rate for injunctions and only under extreme circumstances does an injunction not get enforced when it goes to tribunal.
As for monetary fines, these are placed on Cominiere but ICC's jurisdiction gives it power over all major international financial institutions. So Z wants to pay money to C.... it'll get flagged and paid to AVZ until the fines are all paid off. So the money is going to come our way regardless... not optimal but could be fucking worse.
On ownership rights, ICC are a little weaker, the judgements need to be taken back to local DRC courts for enforcement.... this is a pretty big issue because i don't think anyone here trusts the DRC judicial system. But silver lining is, if DRC local courts refuse to enforce, we have grounds to recalculate to monetary damages, and the ICC can just continue adding to the monetary penalty. Again, not optimal but better than nothing.
My assumption is that if we can get the monetary penalty high enough upon enforcement, then Cominiere can't pay and Z doesn't want to foot the bill, then we can negotiate something.
On another note, we submitted an emergency request to have the 15% ICC case withdrawn. Z has managed to delay that to early decemember
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