AVZ Discussion 2022
- Thread starter GazDix
- Start date
Yeah i'd be wary about criticizing the IGF when they produced a public report stating truth about what has happened with AVZ...
Yes, and the biggest problem is the DRC legal system, which is arbitrary in its application, inconsistent in its decision-making, and replete with graft and corruption (just in case we didn't already know that).
Regardless of the legalities of who is responsible for ensuring the safe-keeping of funds in escrow, and how much or how little was unlawfully transferred from the escrow account, and who did it...the totally corrupt DRC legal system will make AVZ the fall guy.
Cheers
F
Dave Evans
Regular
I pointed out that this con artist Mills Tshibangu was using this staged arrest to once again deliver a reply to a greater audience platform for the purpose of trying to undermine AVZ, like he did with his staged arrest last year.
He is a pathetic con artist who is trying to con the Congolese and I suspect is backed by the President.
Here is his latest bullshit. Watch it YouTube, click on CC (subtitles) and change the translation to English
@RoyalViking I think you need to get onto Jens and Kiki and get the actual fucken facts out on X.
At least @Carlos Danger and @wombat74 are on to him here but shareholders on X might need to do a little more research
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Carlos Danger
Top 20
I pointed out that this con artist Mills Tshibangu was using this staged arrest to once again deliver a reply to a greater audience platform for the purpose of trying to undermine AVZ, like he did with his staged arrest last year.
He is a pathetic con artist who is trying to con the Congolese and I suspect is backed by the President.
Here is his latest bullshit. Watch it YouTube, click on CC (subtitles) and change the translation to English
@RoyalViking I think you need to get onto Jens and Kiki and get the actual fucken facts out on X.
At least @Carlos Danger and @wombat74 are on to him here but shareholders on X might need to do a little more research
This was even more painful to listen to than yesterday’s press conference
Despite being purportedly arrested yesterday (which wasn’t shown) he is somehow back today talking smack about everyone that has gone after Cominiere for their illegal selling of state assets below market value
He accuses Jules Alingete of being a traitor for purportedly supporting a foreign company (AVZ) over the Congolese state and suggests the DRC constitution should be rewritten to get rid of the IGF
Says Jules Alingete can’t prove why 1% of Dathcom is worth 10m USD (It’s the DFS dipshit)
But then hilariously doubles down on AVZ’s acquisition of Dathomir’s 15% being purportedly illegal because it is done below market value
And still claims to have evidence that the 20m was purportedly stolen by Jules Alingete and a government minister but again refuses to show it and says he will release it next time
Mills Tshibangu is by far the dumbest person involved in this whole saga which is really saying something considering Leonard Math is a constant commentator on events
Cumquat Cap
Regular
Being dumber than Leonard math is a real hard thing to do
AVZ hired him or was that klaus? we must have seen the light and got rid of him. Who knows how much damage he did
Winenut
GO AVZ!!!!
My collection of slugs and snails tried so hard but ultimately disappointed themselves and couldn't achieve the goal.....
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Mr_Tones83
Regular
I made it about 8mins in and couldn't watch any longer.
A few extra points to show the level of intelligence we are dealing with in our opposition (just in the first 8mins mind you):
1) He thinks that AVZ raised $4bill in cash (doesn't know what market cap is).
2) Has no understanding of how the right of first refusal works.
3) He purports that the DRC always knew the lithium was there and knew that it would increase in value even before AVZ was involved.
4) He claims that he brought all this video and documentary evidence that no work had been done and the project hadn't advanced.
Absolute muppets
elphamale
Emerged
Attention all Australian AVZ shareholders!
@AVZMinYianni
https://x.com/AVZMinYianni
during his short time as Strategic Advisor to the Board of Directors and Shareholders’ Advocate, has been doing a stellar job on behalf of all AVZ shareholders IMO.
VERY IMPORTANT! Please refer to the official Shareholders' Advocate updates below.
Access the portal here: https://investor.automic.com.au/#/signup
GLTA
Cheers
Elpha
@AVZMinYianni
https://x.com/AVZMinYianni
during his short time as Strategic Advisor to the Board of Directors and Shareholders’ Advocate, has been doing a stellar job on behalf of all AVZ shareholders IMO.
VERY IMPORTANT! Please refer to the official Shareholders' Advocate updates below.
Access the portal here: https://investor.automic.com.au/#/signup
GLTA
Cheers
Elpha
Attachments
Winenut
GO AVZ!!!!
Gee! It seems like only yesterday.....
Sarama Resources (SSR) has secured funding for their ICSID case through Locke .
Summary of Locke Facility
Non-Recourse Loan: The US$4.4 million loan is non-recourse, meaning repayment is only required if the Company wins or settles its arbitration claim.
No External Security Required: The loan is secured solely by the arbitration claim and potential proceeds, with no liens or encumbrances placed on the Company’s other assets or operations.
Isolated to Claim Proceeds: Repayment obligations are limited to proceeds from a successful award or settlement in the arbitration. If the claim is unsuccessful and there is no default, the Company has no repayment obligation.
Business Operations Unaffected: The Company can continue operations and consolidate assets outside the arbitration claim chain without any impact from the loan facility.
Limited Recovery for Funder: In the event of a material adverse change, the Funder can only recover unspent funds, with no claim on other Company assets.
Flexible Repayment Structure: Funder’s return and repayment amounts depend on successful claim proceeds and are structured by the LFA’s confidential distribution priorities.
Is AVZ the next cab off the rank ?
Summary of Locke Facility
Non-Recourse Loan: The US$4.4 million loan is non-recourse, meaning repayment is only required if the Company wins or settles its arbitration claim.
No External Security Required: The loan is secured solely by the arbitration claim and potential proceeds, with no liens or encumbrances placed on the Company’s other assets or operations.
Isolated to Claim Proceeds: Repayment obligations are limited to proceeds from a successful award or settlement in the arbitration. If the claim is unsuccessful and there is no default, the Company has no repayment obligation.
Business Operations Unaffected: The Company can continue operations and consolidate assets outside the arbitration claim chain without any impact from the loan facility.
Limited Recovery for Funder: In the event of a material adverse change, the Funder can only recover unspent funds, with no claim on other Company assets.
Flexible Repayment Structure: Funder’s return and repayment amounts depend on successful claim proceeds and are structured by the LFA’s confidential distribution priorities.
Is AVZ the next cab off the rank ?
TheCount
Regular
RIP John25.
Carlos Danger
Top 20
'Security of the Facility is limited to the Claim, associated potential proceeds and all benefits arising from the property and assets of the subsidiary companies comprising the ownership chain pertaining to the Project'
12 months for AVZ and Locke to agree on an appropriate $ or % repayment from the ICSID claim?
20m USD is a very particular number imo
Frank
Top 20
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