In my opinion AVZ should and will be very very careful about announcing anything relating to giving CATH 9% even to start with, as the implication would then be that they believe there is a chance that AVZ may lose the 15%.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
In my opinion AVZ should and will be very very careful about announcing anything relating to giving CATH 9% even to start with, as the implication would then be that they believe there is a chance that AVZ may lose the 15%.
Fuck me, another 2 month extension..........
This is getting ridiculous.!!
All this talk of CATH percentages, may as well not bother , just extend the JV deal until ICC arbitration deliberations in April........see where the dust lies then......
One thing is for sure, cant see AVZ producing in 2024.
farken
Carlos Danger
Top 20
No nexus there. We can amend deals whenever and however we want as long as the other party agrees imo
The question of law that the ICC will look at (If Cong is willing to risk being made liable for damages) is whether Cong objectively intended to enter into a binding contract and if he received his consideration after accepting the offer. Which he did.
I
Christ I've used shitshow that often that I only get to the sh and the first word that comes up is shitshow. That can't be good.
think It's not a good idea to be dependant on cath at all. Surely over this last 12 months bod have been talking to other suitors. Well I'm hoping so that's about the only silver lining that could possibly come out of this shitshow. Imo
Christ I've used shitshow that often that I only get to the sh and the first word that comes up is shitshow. That can't be good.
MoneyBags1348
Top 20
The only 'major' that would touch us is Chinese, who are globally known for paying a fair and equitable price for assets. If its Zijin a minimum fuckwit tax of $1 gets added to whatever the board would accept from others, they need to overpay.
CATL can have it for $3 after we have announced BFS but before we start construction and deal with the absolute cesspit of corruption, that will likely continue to plague the nations largest project.
Its like corruption on corruptions back stealing from corruption whose doing time for murdering corruption that was squatting illegally in corruptions house paid for with corrupt and counterfeit money !
Cynical tits out tonight
Well I’m glad the post drew some consideration around finance.
TITS…. Glad you added your comments. Considering financial possibilities going forward is good for shareholders. I learned a long time ago the importance of company financials, and a few hypothetical proposals at least bring some awareness around the different possibilities moving forward.
@DoubleA …. What would you say or think if I said the original suggestion of CATH only taking 9% came from the company?
After writing that post and having a base to work off, my view now is that finance won’t be sorted until ownership is sorted.
And at least if the company reads these threads, they know some shareholders are following the financials.
Carlos Danger
Top 20
The ICC arbitration in April is about the 15% from Cominiere which AVZ has never ownedFuck me, another 2 month extension..........
This is getting ridiculous.!!
All this talk of CATH percentages, may as well not bother , just extend the JV deal until ICC arbitration deliberations in April........see where the dust lies then......
One thing is for sure, cant see AVZ producing in 2024.
farken
We won't be waiting for any ICC ruling to get the licence imo
I am not saying that the deal cannot be amended.
I am not saying the ICC will side with Cong.
What I am saying is AVZ need to be very very careful about changing the CATH percentage as a result of Zijin/Cong's actions. AVZ's position is that AVZ have good legal title to 75% and could therefore sell 24% to CATH and retain 51%. If AVZ now change this by 15% (the exact amount of the dispute) the perception/questions that will likely arise are, well hang on, how sure are you that you really have good legal title?
If the percentages are changed how long do you think it will be before detractors use this to put out a heap of articles and misinformation saying AVZ had to reduce CATH sale agreement percentage as Zijin/Dathomir have good legal title etc? They would try and use whatever they can.
There are both benefits and drawbacks to changing the percentage. AVZ may do it as the best way to move the project forward, but I don't think it is a simple decision that AVZ will take lightly. As I said, I think AVZ should and will be very careful about announcing anything relating to giving CATH 9%. If they think things may be resolved in the next few months, then that may also be the course of action they take.
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I'd say, yeah I know, I heard Nigel say it too.
I still think they will be very careful about announcing anything like this and will try to explore other options as there are all sorts of implications for the project when you start making changes like that.
Edit - and by announcing I mean announcing that the agreement percentage has in fact been changed to 9%, not announcing in discussions/presentations CATH's willingness to accept a lower percentage.
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TDITD
Top 20
Should we get a group of us investors together and head over with shovels ? We can offer CATL DSOFuck me, another 2 month extension..........
This is getting ridiculous.!!
All this talk of CATH percentages, may as well not bother , just extend the JV deal until ICC arbitration deliberations in April........see where the dust lies then......
One thing is for sure, cant see AVZ producing in 2024.
farken
We can use the fancy new accommodation at AVZ sitting there doing nothing.
Carlos Danger
Top 20
Yeah I get it but let em hate. The problem is Mupande.
TDITD
Top 20
Agree with you the twats will be twats, but there is one thing you can count on, and that’s that twats will always be twats. Tommy tittle tattle and boatman will always look to misrepresent what has been announced as we have already seen.
As long as us shareholders and investors can see the deal is good and we are protected also that CATL are fully on board then really any BS from the shorters won’t really matter anyhow as it will be futile and fairly transparent.
Carlos Danger
Top 20
They will talk shit about us no matter what we do so we might as well get the project moving to shut them the fuck up imo
DiscoDanNZ
Regular
Do you think he was impressed by our extravagant lift lobby for the photo shoot?
TDITD
Top 20
Must be all the rage with the celebrities and high flyers…..
I hear this was fully booked out …
Mupande has had 7 months to work out the surface rights.
How is that possible if AJN has a claim to the northern part of Carrier and AVZ has legal title to it.
How did this occur?
The President knows about the deceit and trickery involved but what is he doing?
The positive news is that 13359 Northern section not involved.Mupande has had 7 months to work out the surface rights.
How is that possible if AJN has a claim to the northern part of Carrier and AVZ has legal title to it.
How did this occur?
The President knows about the deceit and trickery involved but what is he doing?
Hopefully, the IGF gets involved in how AJN was able to negotiate part of 13359
AJN Resources Announces Signing of Binding Term Sheet to Acquire 75% Indirect Interest in Highly Prospective Lithium Application Permit Located on the Kabunda Trend in Eastern DRC
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2023) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN" or the "Company") is pleased to a...
The positive news is that 13359 Northern section not involved.
AJN Resources Announces Signing of Binding Term Sheet to Acquire 75% Indirect Interest in Highly Prospective Lithium Application Permit Located on the Kabunda Trend in Eastern DRC
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2023) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN" or the "Company") is pleased to a...www.juniorminingnetwork.com
Still uncertain
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2022) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN" or the "Company") is pleased to announce that further to the Company's news release of November 1st, 2022, and pursuant to the Memorandum of Understanding (the "MoU") between the Company and the Government of the Democratic Republic of the Congo ("DRC" or the "State") announced on February 8th, 2022, which was endorsed by the State as announced on April 19th, 2022, the Cadastre Minier RDC (DRC Mining Register) ("CAMI") has now responded to applications from Congo Ressources SAU ("CRS") to acquire certain gold exploration permits, which are located in the Kilo-Moto Belt in the north-eastern DRC as shown in Figure 1, and an area located in Tanganyika Province that is prospective for lithium and that originates from the partial relinquishment (which is disputed) of exploration permit number PR 13359, which covers the northern portion of the Manono pegmatite as shown in Figures 2 and 3.
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2022) - AJN Resources Inc. (CSE: AJN) (FSE:
TDITD
Top 20
Keep going higher
Xerof
Biding my Time 1971
is there a link you can provide?
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