CashKing
Regular
Yep seems like that bud… Hope Nigel and AVZ Crew have understood this now hence legal action taken place.
Let’s all get out of this mess would be the best 2025 ever
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Let’s all get out of this mess would be the best 2025 ever
Xerof
Flushed the Toilet
Infamous NZ blogger ran a site called Whale Oil Beef Hooked.
Bin59
Regular
Why ask a question of holders when one simple search can reveal an answer the poster is looking for, unless you’re baiting of course … There are no bilateral extradition agreements between Australia & DRC.
cruiser51
Top 20
And they are still trying to get info for their bosses about what is really going on.
If that fails they resort to step 2, bait, derail and destruct.
Ashlee
Regular
I am interested on members thoughts on when the Company might pay the fees to the ISCID.And they are still trying to get info for their bosses about what is really going on.
If that fails they resort to step 2, bait, derail and destruct.
Happy new year all !
So what will 2025 bring to the table ?
Same shit different year ?
Fucked if i know, but as always, I will continue to remain positive and hope this article has some truth in it, i think this has been shared before but doesnt hurt to present it again.
www.mining.com
Cmon Nige, make a deal son !
So what will 2025 bring to the table ?
Same shit different year ?
Fucked if i know, but as always, I will continue to remain positive and hope this article has some truth in it, i think this has been shared before but doesnt hurt to present it again.
Congo wants to pivot away from China’s dominance over its mining
The plan includes streamlining processes to pay customs and taxes, along with a partnership with the United Arab Emirates.
www.mining.com
Cmon Nige, make a deal son !
Would you wait and see if the Locke Funding has an influence on decisions made ? It's just taken 2.5 years for the China / DRC Gov to realize their stall tactics haven't worked . Give these Corrupt f--kers one last chance to reconsider , then lock and load the ICSID if they would rather remain low life Corrupt Criminal Scumbags . Simples
Winenut
GO AVZ!!!!
I thought they would have before the end of December
I can't recall exactly how long they have to pay before the action/case lapses
We're paying for both parties if my memory serves me correctly
I haven't read up (in a hurry to get somewhere right now) but here's a link to ICC and ICSID fee schedules
Hope it maybe helps
https://iccwbo.org/dispute-resolution/dispute-resolution-services/arbitration/costs-and-payment/
https://icsid.worldbank.org/services/cost-of-proceedings/schedule-fees/2023
I think It will only pay if the negotiations that are likely in play at this time break down.
Some see it as a negative not having paid the outstanding fee's, however I still presently chose to see it as a positive that we have not paid the fee's, maybe a deal has been struck or is close.
I realise that the recent AFP issue adds a degree of confusion or complexity to what might be in play at this time, but it's difficult to calculate what it's overall effect will be on our success without more factual details imo.
Last edited:
Schnitzelfresser
Regular
Do we expect an announcement regarding paying the fees?
No way Nigel is getting played again. The path from now on is crystal clear. Paying the fees, negotiate and push ahead the arbitration.
No way Nigel is getting played again. The path from now on is crystal clear. Paying the fees, negotiate and push ahead the arbitration.
Silence is golden .Better to keep idiots like tolate running round in circles jumping at shadows .
Hemicuda
Regular
yup clear as mud
I'm with you Wombat. Set a deadline for negotiated settlement talks or suspend all discussions and go full bore ICC and ICSID. Pay the fees and wait till June. Insist all the daily fines are paid when due. It's not as if this would deprive the locals of income because the DRC Government and Celestin are doing that to their own people anyway.
This way we don't have to guess where we are going and we are all fairly confident we will win. Obviously getting paid would be the next issue but it would send the message to every other foreign Country to look elsewhere and steer well clear of the DRC.
Last edited:
Well done Australia and well done Beau Webster.......a very good replacement for a miserably out of form Marsh !
Carlos Danger
Top 20
We have until the 5th of February to pay and even then proceedings only 'may' be discontinued
DRC will pay their fees when we do. There is no point for them to move the case forward as the respondent when the claimants haven't paid imo
Chapter III: Financial Provisions | ICSID
Case Details | ICSID
EarleofBarrow
Regular
At the AGM Nigel advised he would be making the first draw down on Locke Funds the following week to pay the outstanding legal fees.
I would not expect an announcement,but consider it already done
Similar threads
