YesThankfully the AVZ situation in the DRC is not as dire as the outcome of the opening round of the AFL.....
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Totally agree, the only thing that worries me regarding the ICC is that the case can be potentially delayed/adjourned as a result of ridiculous counter claims/excuses by Cong…..
Dragging it out as long as possible with Congs desired effect being 2 fold -
1. the DRC state getting fed up of the delay - ie. this was eluded to as the excuse in the decrees - ‘dathcom shareholders not getting along’….
2. The longer this drags on Cong is hoping AVZ will run out of money
That’s exactly Congs game plan IMO
I’ve just seen ICC cases in the past drag on for years - hope the ICC arbitrators will play hard ball and see through the games
P.S the above could be just my paranoid/poker brain kicking into overdrive and over analysing the hand Cong is playing
AVZI submitted its Reply on Jurisdiction on 10 March 2023. Jin Cheng will submit a rejoinder on jurisdiction on 22 March 2023, and the hearing on jurisdiction will take place on 19 - 20 April 2023.
AVZI remains of the view that its jurisdictional challenge will be successful; an award on jurisdiction can reasonably be expected to be handed down mid-2023.
It should be noted that this does not finally determine whether the sale of shares from Cominière to Jin Cheng was effective, which will remain to be determined in separate proceedings.
Hi Carlos, your thoughts on the above two points?
Carlos Danger
Top 20
Yeah I've been trying to work out what management's game plan is regarding how we will get the 15% transfer from Cominiere to Jin Cheng reversed so we can exercise our FROR. Basically the ICC case brought by Zijin is to force AVZ to recognise them in Dathcom not whether the 15% transfer was illegal.
AVZ is saying that the ICC isn't the correct jurisdiction for this hearing. I assume that was originally because we had already lodged the case in the DRC that would test the legality of the transfer therefore the ICC case is legally redundant.
But now we have also dropped the case within the DRC because it was taking too long. So I'm unsure what legal avenue management plan to use to enforce our rights. My guess is a higher court in the DRC but that will take time.
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Thunderpony
27 µg per 100 mL
*reaches for bong*
Reading the half yearly, it would seem we are potentially in for the long haul with all the bullshit!
If the ML is dependant on ICC outcome then It would seem the game plan here for the enemy is just to play for time!
Hopefully its not gonna be the case though, the wait continues......
If the ML is dependant on ICC outcome then It would seem the game plan here for the enemy is just to play for time!
Hopefully its not gonna be the case though, the wait continues......
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Xerof
Flaming 1967
Not meaning to deflect your question, but that Dathomir bank statement posted by Carlos only shows the reversal of the 20M out of the bank account - the incoming deposit appears to be redacted.
Having Dathomir bank statement is a coup
the only person I know of who claims to have corresponded with Cong is der Giest. Just saying
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JAG
Top 20
Who got smashed? .......Thankfully the AVZ situation in the DRC is not as dire as the outcome of the opening round of the AFL.....
Dijon101
Regular
Well SH’s its that time of week …Happy 45 weeks in suspension
Stay Positive
View attachment 32400
View attachment 32399
How old I turned last month!
It's just the general vibe, time to celebrate
John25
Regular
How old I turned last month!
It's just the general vibe, time to celebrate
Spikerama
Regular
Folks I've updated the ICC Countdown to reflect the stated date of 19th April.
ICC International Court of Arbitration / Zijin vs AVZ Countdown
Shows the remaining days until the cheaters & liars & true law abiders are revealed to the world.
icc-zijin-vs-avz-corruption-countdown.netlify.app
MoneyBags1348
Top 20
Just started a ‘Thread’ on Cong this morning…. Only three posts of information so far and might be a bit too much reading for some, but the third post mentions how Felix’s children like to party at Cong’s hotel (last two paragraphs)
It’s starting to appear that corruption in the DRC still goes all the way to the top
Spikerama
Regular
Bags who was the guy who works in the same building as Mupande who got caught on camera soliciting bribes for favourable mining contracts? He wen't to jail for 5 mins and was released
Was it Vidiye Tshimanga?
With regards to the Legal Proceedings / ICC .
"This action does not impact the award of ML nor our ability to progress funding and development of the project." Ben Cohen Dec 2022.
A few things to consider if this sh1t shows continues : December elections / MoM / Finances / Delisting / Trading again without the ML .
So what of these so called Negotiations . Are they really happening ?
"This action does not impact the award of ML nor our ability to progress funding and development of the project." Ben Cohen Dec 2022.
A few things to consider if this sh1t shows continues : December elections / MoM / Finances / Delisting / Trading again without the ML .
So what of these so called Negotiations . Are they really happening ?
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MoneyBags1348
Top 20
Yes, page 1 on ‘Corruption’ thread
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