AVZ Discussion 2022
- Thread starter GazDix
- Start date
Hodlandwin69
Regular
Next hearing is 27/02/2025, again it is a "strategic conference"
Xerof
Is There Anybody Out There 1979
I guess you made the effort to phone? Well done
I’m in Dubai for a while, so only just looking now. Nothing on site yet
Hodlandwin69
Regular
Yeh I checked on ecourtsI guess you made the effort to phone? Well done
I’m in Dubai for a while, so only just looking now. Nothing on site yet
Just asking does anyone know have the Arbitration fees been paid for AVZ?
Now is that TIMELINE right..????late JAN 2025
FAT TAIL matter still pending as i hear..!
On November 7 Notice was issued by the ICSID the Proceeding is suspended for non-payment of the required advances by either party.
Reports out of the AGM seemed to indicate these would be sorted prior to XMAS by the AVZ Finance team via Piper Lawyers. There is no notification confirming this has happened.
Once the AVZ team sort this out pressure reverts to the DRC. The timeline for the DRC to make this payment will close in late January 2025 according to the payment requirements
Now is that TIMELINE right..????late JAN 2025
FAT TAIL matter still pending as i hear..!
On November 7 Notice was issued by the ICSID the Proceeding is suspended for non-payment of the required advances by either party.
Reports out of the AGM seemed to indicate these would be sorted prior to XMAS by the AVZ Finance team via Piper Lawyers. There is no notification confirming this has happened.
Once the AVZ team sort this out pressure reverts to the DRC. The timeline for the DRC to make this payment will close in late January 2025 according to the payment requirements
I will try to have a great XMAS with my family...thanks for your cheers..
Yes the FAT TAIL court matter has been adjourned to the 25 FEB 2025 for a conference did NIGEL turn up this time..?
I wish all these COURT cases would go away just not a good look for AVZ could take years to come to a final decision
People love positive posts, it’s what they want to hear. But some posts are often more about gaining popularity than being realistic. The reality is, it’s a long road before retail holders see any return on this stock.
AVZ should have access to the Locke funding by the end of this month. However, have recent events jeopardized the Locke facility? Hard to say, but Graeme deleting that announcement from his LinkedIn might be a red flag...?
He has a professional following, he may want to make sure he provides accurate information. Deleting the Locke Funding announcement might mean nothing, we don’t know yet, but the first test of how serious the AFP action is? Whether AVZ can actually access those funds, we”ll find out soon enough.
Schnitzelfresser
Regular
We do not want you here. Go away and contaminate the Crapper with your rubbish.
ignored and reported
ignored and reported
Sammy_da_Smile
Regular
The issue is they generate click and page views, which in turn generates ad income for the provider.
It's a juggle, block the troll who is bringing in page views by stiring up trouble at the risk of losing some members? Or block the troll and risk losing some ad revenue?
Sammy_da_Smile
Regular
Whirlpool?
Pull your finger out Zeebot
Maybe some would like to know costs for these Suspended ICSID matters that fees were not paid..?
If this is wrong please get back and correct this assumption..!
If this is wrong please get back and correct this assumption..!
Estimated Costs for ICSID Arbitration:
- Initial Advances on Costs:
- ICSID typically requires an initial advance for arbitration proceedings.
- This amount often starts around $200,000–$300,000 per party, depending on the case's complexity.
- For both parties, AVZ may need to pay an estimated $400,000–$600,000 upfront.
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