AVZ Discussion 2022

Shire

Regular
@Spikerama you were wondering why the calculator was out. The Tribunal calculated the days that the offences occurred and continued, and didn’t just add every day consecutively.

Plus they discounted the Tweets as their effect diminished over time.

Anyway, that’s some expensive Tweeting 😂
 

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Mute22

Regular
We’ve had more media coverage in the past 24 hours than in the last three years—so let’s keep the momentum going.

I’ve linked all the coverage below, and I expect even more in the next 48 hours, I will keep this updated:
💡 Media pressure works. It’s the fastest way to get legislative attention, and right now, we have it.

🚨 Got a quiet weekend? No you don't.

Your mission for the next 48 hours:
Amplify this message everywhere. Share it on X (Twitter), investment forums, Facebook comments, group chats, Discord investment servers, Reddit (r/stocks, r/investing, r/wallstreetbets, r/asx_bets, r/mining, r/lithium, r/australia.) , LinkedIn even message your old high school crush.

More engagement = more coverage = more pressure.

Get active and get in the fight.
 
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Frank

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Flight996

Regular
The full transcript is a read and a half.
The delays, the tactics and even the balls to ask the emergency arbitrator to have AVZ pay all legal costs even after we won 🤣 fucking clowns.


Thanks JAG

Interestingly, page 31 of this document shows AVZ's monetary claim:

In its counter, Cominiere asked that the ICC arbiter WITHDRAWS the requests made by the Applicants in paragraphs
488.14 to 488. y 6 of the Statement of Claim seeking an award of damages in the amount of $9,417,500,000.00 USD as unfounded;


$US9,417,500,000.00 USD is approximately $AU15 billion ($AU4.28/share)

I know there are many moving parts to this arbitration, and it still has a way to go, but this is the first time I have seen an official dollar figure put on AVZ's claim.

Cheers
F
 
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Mute22

Regular
We’ve had more media coverage in the past 24 hours than in the last three years—so let’s keep the momentum going.

I’ve linked all the coverage below, and I expect even more in the next 48 hours, I will keep this updated:
💡 Media pressure works. It’s the fastest way to get legislative attention, and right now, we have it.

🚨 Got a quiet weekend? No you don't.

Your mission for the next 48 hours:
Amplify this message everywhere. Share it on X (Twitter), investment forums, Facebook comments, group chats, Reddit, LinkedIn even message your old high school crush.

More engagement = more coverage = more pressure.

Get active and get in the fight.
Media coverage is crucial. When journalists and influencers cover our story, engaging with and amplifying their work increases the chances they’ll cover us again.

“But I don’t want to make an X account—I can’t stand Musk!” you might say.

In a few months, you might feel differently about him. Make the account.

If you’ve been on the sidelines for the past three years, now is the time to get in the game.

1741993947062.png
 
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Retrobyte

Hates a beer
Here's a snip of just the decision ....

1741994306226.png
 
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Flexi

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Goat

Regular
Found this gem! Seems all that nonsense on twitter cost them a whopping EU16 450 000!!!
What a total wanker!!! LOL
 

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Bray

Regular
They are so fucked hahaha

Imagining $15 p/s payout… I’m fully retired at 31 😭
 
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Pokok

Regular
Really looking forward to meeting everyone when this is all done.

Let's do a roadshow - start in QLD to watch Nells run over the bridge.
Next stop is Newcastle to pick up Dave.
Lob in Sydney, hire a bus so we can drive past MMGA offices in Artarmon and moon them on the way to The Rocks.
Bus continues down the Melbourne, short stay as there's not much to do down there.
Next, the Adelaide hills and pick up some nice Penfolds.
Then non-stop to Perth where we can buy Nigel a drink and work on that $26k session!

Or something like that................
i'm in pick me up in maroubra then i can fly out from perth to java pissed as to splash 1mill IDR on the misses :ROFLMAO:
 
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Winenut

Go AVZ!
A great read @JAG and thanks for sharing

No doubt one that @Carlos Danger and @9cardomaha will enjoy. Very damning of Cominiere and reads like an open and shut case

Nigel and the BOD who kept up the legal fight through DLA Piper, and the shareholders who supported them and provided information every day on social media throughout the attacks from boatman, tommy the turd and the other stooges deserve a great result
Reading through this huge document one can only come to the conclusion that our BOD and particularly DLA Piper have done a fucking massively, incredible, super-human job in navigating the legalities of the hearings and achieving the positive determinations in favour of AVZ's interests

It's mind-blowing when you get into some of the detail of what they have had to deal with

I do understand along the way it has been difficult at times for shareholders to understand and appreciate what the board have been doing because of the necessary "radio-silence" while dealing with these complicated and detailed matters

All of us here responded to, managed and expressed that in different ways and at different times along this very emotional journey to date

However, I'm sure everybody on this forum (apart from the clear out and out fucked-up trolls) would now have some clearer appreciation of what the board and the DLA Piper legal team have worked tirelessly at, and achieved, over the last few years and would be feeling a very, very deep sense of respect and gratitude for what they have done on behalf of all shareholders

That respect and gratitude would also extend to the shareholders and forum members who actively took up the cause themselves. At times finding incredible information, delving deep into any available resources, developing careful, informed and considered insights, sharing them here as contributors and further taking the fight right up to the "bad actors" on multiple social media platforms

Carlos, 9Card, Frank, Dave, Obe Wan, Tits, Spike, Xerof, Beisha, Jag, Azzler, Ashlee are just a few names that spring to mind from the crew here at TSE

And also let's not forget Jonnno, Kiki Kienge and Franck Fwamba who have been beacons of honesty, principle and integrity in a sea of absolute filth and corruption in the DRC

Of course it's not over yet by a long, long way......

But it's worth taking a small moment to reflect on, and appreciate, the hard work and massive effort of the people who have helped AVZ overcome so many incredible difficulties to date, ultimately putting us now in the best possible position to achieve the absolute prime outcome for all shareholders and investors and the good people of the DRC in respect to the development of the resource at Manono

Onward and upward

RIP @John25
 
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Azzler

Top 20
Reading through this huge document one can only come to the conclusion that our BOD and particularly DLA Piper have done a fucking massively, incredible, super-human job in navigating the legalities of the hearings and achieving the positive determinations in favour of AVZ's interests

It's mind-blowing when you get into some of the detail of what they have had to deal with

I do understand along the way it has been difficult at times for shareholders to understand and appreciate what the board have been doing because of the necessary "radio-silence" while dealing with these complicated and detailed matters

All of us here responded to, managed and expressed that in different ways and at different times along this very emotional journey to date

However, I'm sure everybody on this forum (apart from the clear out and out fucked-up trolls) would now have some clearer appreciation of what the board and the DLA Piper legal team have worked tirelessly at, and achieved, over the last few years and would be feeling a very, very deep sense of respect and gratitude for what they have done on behalf of all shareholders

That respect and gratitude would also extend to the shareholders and forum members who actively took up the cause themselves. At times finding incredible information, delving deep into any available resources, developing careful, informed and considered insights, sharing them here as contributors and further taking the fight right up to the "bad actors" on multiple social media platforms

Carlos, 9Card, Frank, Dave, Obe Wan, Tits, Spike, Xerof, Beisha, Jag, Azzler, Ashlee are just a few names that spring to mind from the crew here at TSE

And also let's not forget Jonnno, Kiki Kienge and Franck Fwamba who have been beacons of honesty, principle and integrity in a sea of absolute filth and corruption in the DRC

Of course it's not over yet by a long, long way......

But it's worth taking a small moment to reflect on, and appreciate, the hard work and massive effort of the people who have helped AVZ overcome so many incredible difficulties to date, ultimately putting us now in the best possible position to achieve the absolute prime outcome for all shareholders and investors and the good people of the DRC in respect to the development of the resource at Manono

Onward and upward

RIP @John25

Such a wonderful and thoughtful post @Winenut :)
 
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Pokok

Regular
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Xerof

Have a Cigar 1975
@Carlos Danger and/or @9cardomaha

One matter that still irks me:

The original case to ICC concluded that Jin Cheng was not a shareholder in DATHCOM etc etc, which according to announcements they were appealing to the Paris Court of Appeal. (this despite all the evidence that they seemingly gave it up and instead gave some crook a cheque for 70m which gave them the JV on 15575. Haha, what a shitfuckery thats turning into)

I read somewhere that they have yet to file their papers, and I read somewhere else that they only have a drop dead date this month sometime to actually file.

My question is if they aren't a SH in Dathcom, how come all these other cases are still live and progressing, i.e. the fucking rejoinder to bring Cong/Kabila via Dathomir into the frame as well. Is it simply because unless, or until, their appeal is dropped or dismissed, everything continues as if the ICC finding isn't yet set in concrete?
 
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Frank

Top 20
Media coverage is crucial. When journalists and influencers cover our story, engaging with and amplifying their work increases the chances they’ll cover us again.

“But I don’t want to make an X account—I can’t stand Musk!” you might say.

In a few months, you might feel differently about him. Make the account.

If you’ve been on the sidelines for the past three years, now is the time to get in the game.
Ditto Bro - Couldn't agree more with that first and last sentence ( Media coverage is Crucial - Get in the Game ) (y)

Fyi, I did have a Twitter Account ages ago, but pissed it off due to so many Women harassing Me :rolleyes:

Then i realised i could use an old Gmail account which works just fine (y)


1742005572568.png


#ThumbsUp.png


Food for thought :unsure:

Cheers 🍻

Frank :cool:
 
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cruiser51

Top 20
But there is more....

337.4 Consequently,

CONDEMN Cominière to pay AVZ!, on behalf of the Claimants, the total amount of the astreintes,
the cumulative total of which as at December 31, 2023 amounted to 39,400,000 euros^,
or any other sum set by the Arbitral Tribunal, in respect of the partial liquidation of the astreintes ordered under the terms of the Order of May S, 2023 and the Order of

November 15, 2023 (amount to be perfected on the date of the pronouncement of the partial award to be made);

I hope they got the fukkin 000's right, however this cumulative total stood at 39,400,000 Euros at December 31, 2023.

Just a minor point.
 
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cruiser51

Top 20
But there is more....

337.4 Consequently,

CONDEMN Cominière to pay AVZ!, on behalf of the Claimants, the total amount of the astreintes,
the cumulative total of which as at December 31, 2023 amounted to 39,400,000 euros^,
or any other sum set by the Arbitral Tribunal, in respect of the partial liquidation of the astreintes ordered under the terms of the Order of May S, 2023 and the Order of

November 15, 2023 (amount to be perfected on the date of the pronouncement of the partial award to be made);

I hope they got the fukkin 000's right, however this cumulative total stood at 39,400,000 Euros at December 31, 2023.

Just a minor point.
Does ICSID take also pain and suffering in account?

The amount of gin I had to consume to numb my brain is mind boggling, no wonder I fuk up with the 000's.
 
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BEISHA

Top 20
US confirms its critical minerals agenda as fallen miner AVZ chases an improbable African prize
Brad Thompson

The US wants to boost “responsible and transparent” development of critical minerals assets in the Democratic Republic of Congo, where a stricken Australian explorer, AVZ Minerals, has fought to regain control of a lithium deposit it claims was unlawfully seized by a Chinese company.

The Trump administration is set to intervene on behalf of AVZ to ensure the lion’s share of the Manono lithium project stays out of Chinese hands, The Australian revealed on Wednesday, and may also wade into a separate dispute over copper and cobalt mines owned by Chemaf Resources.

The White House is open to striking a critical minerals pact with the DRC in return for security in a move that risks antagonising China, given the extent of its interests in the resource-rich central African economy.

DRC president Felix Tshisekedi hopes to broker a deal with the US to resolve a conflict with Rwandan-backed M23 rebels.

In response to questions from The Australian, the US State Department acknowledged the DRC was endowed with a big share of the world’s critical minerals required for advanced technologies in defence and electrification.

“The US is open to discussing partnerships in this sector that are aligned with the Trump administration’s America First Agenda under the Unleashing American Energy executive order,” a State Department spokesman said.

“The US has and continues to work with our DRC partners to boost US private sector investment in the DRC to develop mining resources in a responsible and transparent manner that contributes to the strength and prosperity of both the DRC and the US.

“Partnerships with US companies will strengthen both US and DRC economies, create higher-skilled jobs and integrate the country into regional and global value chains.”

The US is likely to insist that at least the southern part of the disputed Manono project is returned to AVZ on the understanding the embattled company will then sell the asset to a US entity.

Any US intervention is geopolitically sensitive given one of China’s biggest miners, Zijin, is developing the project and on track for first production of lithium early next year.

US authorities consider Zijin a state-controlled company and are understood to favour allowing it to keep control of the northern part of Manono in an attempt to minimise the backlash from China.

AVZ maintains it has legal rights to all of Manono even though the DRC has split the licence and Zijin has forged ahead in the north. The Australian company is pursuing its claim before the International Court of Arbitration and the International Centre for Settlement of Investment Disputes, but previous rulings in its favour have been ignored.

Meanwhile, Australian Federal Police raided the company’s offices in December investigating alleged bribery, which AVZ denies.

The White House wants any sale of the Manono asset to not be complicated by AVZ’s residual links to China’s CATL, the world’s biggest electric vehicle battery manufacturer, which in January provided $US20m in funding to AVZ.

AVZ was delisted from the ASX in 2024 after its shares were suspended in May 2022.

In the same month, the US effectively blackballed CATL when the Department of the Defence designated it as a “Chinese military company”. CATL is fighting this declaration and denies ever engaging in any military-related business or activities.

AVZ was once valued at $4.6bn but has no listed presence after it lost control of what it touted as the world’s biggest lithium deposit. It had 21,000 shareholders.

The US may also intercede in the future of DRC company Chemaf, to stop China’s Norinco extending its interests in copper and cobalt mines. DRC state-owned miner Gecamines has offered to buy Chemaf to stop Norinco. Norinco already owns the Comika and Lamikal mines in the DRC in partnership with Gecamines, but has been sanctioned by the US since 2021.

DRC businessman and physicist Jean Bele said his home country was walking a tightrope between two superpowers but needed to get maximum value from its critical minerals assets.

Mr Bele said he expected US investment in bring higher standards and greater benefits to the economy, and criticised the actions of Chinese miners.

“US investment require the respect of the environment, of human rights, and the many other things. Chinese investment is not doing that now,” he said. “US investment will help to make sure that good people come to the country and respect the country’s law.

“Chinese, sometimes they are coming here and they just don’t care about the legislation. They just come and they try to bribe people to get whatever they need. That’s not good.”

Asked if the DRC could balance competing US and Chinese interests in critical minerals, Mr Bele – regarded as an unofficial adviser to the government – said it didn’t have a choice. “It is a very tricky situation,” he said.
In the same month, the US effectively blackballed CATL when the Department of the Defence designated it as a “Chinese military company”. CATL is fighting this declaration and denies ever engaging in any military-related business or activities.

Some posters think US will appease CATL( in their quest to obtain Manono) by inviting them to set up a manufacturing battery hub in the US, the above statement appears to counter such a thought.

Interesting times.
 
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Frank

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