AVZ Discussion 2022

[9cardomaha]

I've read and re-read, but what's the outcome listed at the end?

Think it is the price of playing nice with others to get this shit on the road.

Edit: think the withdrawl should also be pending a final tribunal decision.

 

[Strongman]

View attachment 31692

Think it is the price of playing nice with others to get this shit on the road.

Edit: think the withdrawl should also be pending a final tribunal decision.

So have i got this right ?? AVZ is withdrawing their action re the 15 % Zijin are claiming ??

ie we have AVZ 60 %
AVZ 10 %. subject to ICC case with Dathomir
AVZ 5 %. subject to ICC case with Dathomir
_____
AVZ 75 %
Zinjin 15 %
Cominiere 10 % to be ceded to DRC
____
Total 100 %

Dathcom now holds a PR ( exploration licence ) of the total tennament 13359 ( As per ministerial decrees )
We now have the Finance with Cath still live @ 24 % and we get the PE subject to Felix intervening and MoM issuing it asap
Final case AVZ 51 %
CATH 24%
Zinjin 15 %
DRC. 10 %
____
TOT. 100%
Still some issues with Dathomir but all they want is money so at worst we pay a bit more. Not sure where the Hydro has ended up but for now would be bloody happy to be reinstated to trading with the above scenario.
Happy to have input re the above if i got it wrong.

 

[LX600]

Did AVZ start any action against Zijin? And withdraw?

I thought it was Zijin started the ICC

 

[obe wan]

So have i got this right ?? AVZ is withdrawing their action re the 15 % Zijin are claiming ??

ie we have AVZ 60 %
AVZ 10 %. subject to ICC case with Dathomir
AVZ 5 %. subject to ICC case with Dathomir
_____
AVZ 75 %
Zinjin 15 %
Cominiere 10 % to be ceded to DRC
____
Total 100 %

Dathcom now holds a PR ( exploration licence ) of the total tennament 13359 ( As per ministerial decrees )
We now have the Finance with Cath still live @ 24 % and we get the PE subject to Felix intervening and MoM issuing it asap
Final case AVZ 51 %
CATH 24%
Zinjin 15 %
DRC. 10 %
____
TOT. 100%
Still some issues with Dathomir but all they want is money so at worst we pay a bit more. Not sure where the Hydro has ended up but for now would be bloody happy to be reinstated to trading with the above scenario.
Happy to have input re the above if i got it wrong.

Looks to me that they withdrawed their claim through that court because the court has been dragging the chain ; they’ve referred it to the ‘General’ ; no case pending , so possibly higher avenue of non court bumpkins can make decision on it

 

[Xerof]

OR, has it been withdrawn due to Jin Cheng handing back the 15% to COMINIERE, so no longer a case to pursue

AND, AVZ and COMINIERE have kissed and made up, and are living happily ever after

OH, fuck, I must have nodded off

Anyway, in case it isn't a dream, can anyone confirm the ICC case is still live between AVZI and Jin Cheng

Kunts

Arsehole

Afterthought - MM talks of presenting AVZ to Felix, in regard to 15% of COMINIERE 25%. Does that mean MMCS have been told to fuck off, along with Z, and COMINIERE is fully restored to 25% and ready to negotiate with us for that extra 15%, leaving a clear 10% to hand over to the State

??

Fuck me.........pinch me

 

[Modo]

I don’t know what’s got into shareholders here…. Marius explained pretty clearly what has happened.

Previous meetings with Felix where he has been manipulated by MoP, Cominiere, Dathomir and Mupande.

All these are high level actors who live in the DRC with years of corrupt experience and able to access him more easily, and no doubt doing it while he is focused on the thousands of people getting slaughtered by rebel groups in the north east of the country.

I’ve tried to be more considerate and respectful for a while now but I would punch several fucken whinging ignorant heads in if they were standing in front of me right now

Unbelievable how many fucken morons have invested in this company and have no fucken idea…. FUCK OFF

 

[9cardomaha]

For clarity - RCE7102 is AVZ‘s case against Cominiere regarding the sale to Zijin.

My personal opinion is that we will get the 15% at ICC, so to play nice with Cominiere, we just withdraw this.

 

[Largus Averta]

OR, has it been withdrawn due to Jin Cheng handing back the 15% to COMINIERE, so no longer a case to pursue

AND, AVZ and COMINIERE have kissed and made up, and are living happily ever after

OH, fuck, I must have nodded off

Anyway, in case it isn't a dream, can anyone confirm the ICC case is still live between AVZI and Jin Cheng

Kunts

Arsehole

Afterthought - MM talks of presenting AVZ to Felix, in regard to 15% of COMINIERE 25%. Does that mean MMCS have been told to fuck off, along with Z, and COMINIERE is fully restored to 25% and ready to negotiate with us for that extra 15%, leaving a clear 10% to hand over to the State

??

Fuck me.........pinch me

Maybe.
I read those translations that both sides have dropped that particular case "for personal convenience".
I honestly can't see AVZ giving Zinjin a cent going on what's been said, so far as how they view their legal standing, so something seems to be brewing that is maybe going in our favour?

 

[Xerof]

Hilarious, we get asked to back off the Princess for a week. was it to give MM a clear run at her?

 

[Strongman]

Looks to me that they withdrawed their claim through that court because the court has been dragging the chain ; they’ve referred it to the ‘General’ ; no case pending , so possibly higher avenue of non court bumpkins can make decision on it

Ah ok well that makes some sense. In AVZ withdrawing from the case v Cominiere then we are definately complying with the wishes of the Mom. Seems like Nigel and Co are bending a little to smooth the waters. As for the 15 % well it was never ours anyway and quite likely Zinjin or someone else would trump our offer anyway....highest bidder wins. Still confusing as fuck but finally in the past couple of weeks we appear to have some positive movement. Im still confident of a great outcome here but right now ive had enough of this circus and iam off to the beach for run and swim

 

[Carlos Danger]

Ah ok well that makes some sense. In AVZ withdrawing from the case v Cominiere then we are definately complying with the wishes of the Mom. Seems like Nigel and Co are bending a little to smooth the waters. As for the 15 % well it was never ours anyway and quite likely Zinjin or someone else would trump our offer anyway....highest bidder wins. Still confusing as fuck but finally in the past couple of weeks we appear to have some positive movement. Im still confident of a great outcome here but right now ive had enough of this circus and iam off to the beach for run and swim

Highest bidder only wins if AVZ can't match the offer under first right of refusal. Whatever Cominiere are willing to accept we have 40 days to match or we lose our rights. Key thing is Cominiere have to tell us the exact price of the offer for the 40 days countdown to begin which didn't happen in 2021. Technically we have every right to buy the 15% for 33m USD but we won't try to enforce that for obvious reasons.

 

[Boots]

I told your missus.....

Fucking gold!!!

Over to the tribe....

I don’t know what’s got into shareholders here…. Marius explained pretty clearly what has happened.

Previous meetings with Felix where he has been manipulated by MoP, Cominiere, Dathomir and Mupande.

All these are high level actors who live in the DRC with years of corrupt experience and able to access him more easily, and no doubt doing it while he is focused on the thousands of people getting slaughtered by rebel groups in the north east of the country.

I’ve tried to be more considerate and respectful for a while now but I would punch several fucken whinging ignorant heads in if they were standing in front of me right now

Unbelievable how many fucken morons have invested in this company and have no fucken idea…. FUCK OFF

Touche'

I don’t know what’s got into shareholders here…. Marius explained pretty clearly what has happened.

Previous meetings with Felix where he has been manipulated by MoP, Cominiere, Dathomir and Mupande.

All these are high level actors who live in the DRC with years of corrupt experience and able to access him more easily, and no doubt doing it while he is focused on the thousands of people getting slaughtered by rebel groups in the north east of the country.

I’ve tried to be more considerate and respectful for a while now but I would punch several fucken whinging ignorant heads in if they were standing in front of me right now

Unbelievable how many fucken morons have invested in this company and have no fucken idea…. FUCK OFF

 

[Mr Clean]

MM just publicly destroyed the Minister of Portfolio’s reputation and detailed her corruption for all to see. Something that the President will finally have to see - concerning that Felix has done Fck all on this project. Great move by MM. Goes to show our so called informed posters on the bird have NFI about what is at play here. Keep up the public campaign lads. It’s working.

Great move by Nige hiring MM as well. He is a gun. Perfect for this stinking corrupt country who barely want to help themselves get out of poverty. A real head scratcher that.

 

[9cardomaha]

Just waking up and see a ton of new documents can someone please make a summary?

Did I get it right, we withdraw and zijin got the 15% now and we build with them the mine? Oo

Need six coffee first for that shit to understand.

13th Feb 2023 local DRC court document highlights that AVZ and Cominiere (including Dathcom representative) agree to withdraw case number RCE7102. AVZ lawyer notes that due to the extended and drawn out process they would like to withdraw the case which was agreed by all parties. The tribunal (local DRC court) acknowledges the request for withdrawal pending final deliberation.

RCE7102 original case was issued by AVZ against Cominiere in 2021 for breach of the Datchcom JV agreement (article 10 and 12) which is related to the exercise of preemptive rights. AVZ's case against Cominiere is related to the illegal sale of 15% to Chinese Zijin. The original case was to be heard October 26, 2021.

 

[JAG]

After all this time, we still want to get a new meeting with the president and hope he will help us. Nigel is still not in the DRC.

Marius often talked with the MoP, what didn’t go well. And talked with the MoM and at the moment it looks like this didn’t go as well as hoped.

And now he is jumping in every interview to make the case more public and to increase the pressure of the government. That gives me the taste the negotiations are not going well too.

Can someone tell me what progress did they make the last 10 months with the DRC government? Personally I don’t see many.
Only that we still have no support from the government.

It's all good mate.....

 

[Onthefm]

After all this time, we still want to get a new meeting with the president and hope he will help us. Nigel is still not in the DRC.

Marius often talked with the MoP, what didn’t go well. And talked with the MoM and at the moment it looks like this didn’t go as well as hoped.

And now he is jumping in every interview to make the case more public and to increase the pressure of the government. That gives me the taste the negotiations are not going well too.

Can someone tell me what progress did they make the last 10 months with the DRC government? Personally I don’t see many.
Only that we still have no support from the government.

Well not a lawyer or a md of a lithiumco. but I would imagine that being in the same country as the government people of that country that u are negotiating with would probably be a prerequisite. Especially when your only asset is in that country. Anyhow just fuck it off to the highest bidder. Why give a fuck get rid of it and we can all move on. Imo

 

[ptlas]

Well not a lawyer or a md of a lithiumco. but I would imagine that being in the same country as the government people of that country that u are negotiating with would probably be a prerequisite. Especially when your only asset is in that country. Anyhow just fuck it off to the highest bidder. Why give a fuck get rid of it and we can all move on. Imo

Fair point.
But if that is what eventuates then it will not occur until ML & ownership is sorted.
Then let the bidding begin, but if they wanna be tight arses then take it to production.

$10

 

[Winenut]

Well not a lawyer or a md of a lithiumco. but I would imagine that being in the same country as the government people of that country that u are negotiating with would probably be a prerequisite. Especially when your only asset is in that country. Anyhow just fuck it off to the highest bidder. Why give a fuck get rid of it and we can all move on. Imo

Unfortunately we can't fuck "it" off because we don't have a clue what "it" is and apparently neither does Management

How do you sell what you don't know you have??????

And then there's that little problem of being in suspension........ooops

Oh fuck me!!....

We can't sell the thing, that we don't have a fucking clue about, and nobody from the top can fill us in on what "it' fucking is and anyway technically the ASX says ....nah....you're fucked and in suspension so you can sit the fuck down, shut up and find a way to take a pineapple up the arse

 

[Winenut]

Fair point.
But if that is what eventuates then it will not occur until ML & ownership is sorted.
Then let the bidding begin, but if they wanna be tight arses then take it to production.

$10

$12 for those arsehole crooks Zijin

 

[ptlas]

I get it mate.
It's doing everybody's heads in.

I'm hardly the most reserved here when it comes to blowing up/ off.
or giving it to Twitter posters or DRC politicians.

Thing with me is after I've had my rant, I move on all serene for a week or so then go off again.
But I'm good in between. Really good.

What I do manage to do is not let others or the general feeling at a moment in time pray on my emotions.

That's why I can continually make jokes at others' expense. Yeah, I know most of them are crap.
I'm not really angry, just giving fuck wits what I think they deserve.

Overall, I don't let the situation eat away at me

Maybe some here need to just go to the beach with their loved ones or well anything really, just leave here for a day or two.
Same with Twitter.

If previous experience is anything to go by, you will not miss much and your mental health probably will make a substantial uptick.
And yes, most of you would be missed but we'll get over it.

There's more to life than this shit.

Just saying.

Right
We've had our whisky.

Now I've been summoned to the bedroom.

Remember, life goes on.
Don't need to stay up all night reading AVZ crap.