AVZ Discussion 2022

[Sammy_da_Smile]

My concern with the wording of the arbitration announcement is this: "AVZ has received a request for arbitration ... from Jin".

That means is Jin taking us to arbitration, meaning they obviously think they have a decent case.

Yes they are demanding to be recognised as a shareholder at 15% is my view.

 

[investinvest]

My concern with the wording of the arbitration announcement is this: "AVZ has received a request for arbitration ... from Jin".

That means is Jin taking us to arbitration, meaning they obviously think they have a decent case.

Even if Jin Cheng does't have a legal case to make they would still do it anyway as they have the cash to burn and would make it as difficult as possible for AVZ to proceed and create more bad press going ahead. Spiteful

 

[Doc]

Ok that’s the 15% zijin saying they bought from COM but what about the 75% that zijin are stating we don’t own all of?

 

[CHB]

Arbitration - ICC - International Chamber of Commerce

With 12 case management teams across the globe, we stand ready to assist you at any stage of your dispute.

iccwbo.org

 

[Doc]

At the end of the day isn’t this really zijin vs DRC? We didn’t actually own the 15% being disputed, it’s a legality issues between them. We just piggy in the middle

 

[BRICK]

Just goes to show whats at stake and how important the deposit is.

What a day to go to the beach and im stuck in fucken ISO!

agggghhhh

 

[Fletch77]

I know Nigel and Co. will have their hands full, but what this now does is is give plenty of time now to get plans..

B.
C.
D.
E.
and
F. in place with either US or Europeans to become involved and cut CATH’s 24% right back or cut them out completely if this is the way they have to go.

This is disgeacreful behaviour from Z, and the DRC govt and AVZ directors might want to change plans and eliminate the Chinese all together after this bullshit

It‘s not like the world is not screaming out for high grade lithium. Enter Bosch and LG for example..

 

[Samus]

Felix needs to squash this. I guess we find out just how good our relationship with the DRC government really is.

 

[BRICK]

Does the DRC really want to be in business with these guys.
i doubt it.

 

[Misfits]

I am happy with the suspension. They will not just sit still and wait for the 20th - 9 days away. So many good things coming up and the buy - sell side is now wiped. Will the shorts get burnt and replace their orders when we come out of suspension?

I am a happy camper and see big upside once we win this battle, followed by several key announcements and the possibility shorters numbers slashed.

 

[TDITD]

Arbitration request and suspension.
Zijin are trying everything.

Let’s be honest here, if Zijin went through the proper avenues to acquire equity in the project their so called ‘holding’ wouldn’t be up for discussion.

Now they want to talk, nothing to talk about boys you guys illegally tried to backdoor into the project at the last minute.

Be nice if the authorities in DRC who we know have been investigating reverse any ‘transactions’ made between Zijin and Cominiere

 

[TheV]

At the end of the day isn’t this really zijin vs DRC? We didn’t actually own the 15% being disputed, it’s a legality issues between them. We just piggy in the middle

I read somewhere that AVZ as majority holder and has preemptive rights have to approve the transfer for it to be valid

 

[DiscoDanNZ]

At the end of the day isn’t this really zijin vs DRC? We didn’t actually own the 15% being disputed, it’s a legality issues between them. We just piggy in the middle

I imagine DRC government are called to it and we are as we're party to it. AVZ only needs to announce what they have and thats the simple fact that they've received the request.

 

[BRICK]

Glad to be long hey.

 

[John25]

Is this the issue we went into a TH for or seperate altogether

 

[BRICK]

Is this the issue we went into a TH for or seperate altogether
View attachment 6204

I think maybe its different?. Feels like last night or last 24 hours they got served.

 

[Doc]

Is this the issue we went into a TH for or seperate altogether
View attachment 6204

Same same I’d say. It’s about who holds what shares IMO

 

[Sammy_da_Smile]

So Jin is actually claiming the 15% we acquired to go to 75%? Is that what I'm reading in the ann?

 

[yeowiepower]

Relieved this is going into suspension. Too much ambiguity in the air and so far Zijin has released minimal information on their case (in English at least).

Ill play devils advocate, there are two sides to every story and the truth usually lies somewhere in between. At least the ICC is located in Paris and not the DRC so would therefore be independent and unbiased to 'lobbying'. From what I understand Nigel and co are supremely confident somewhat of a relief.

On the plus side I can now take a mental break from all these shenanigans for a while. Unnecessary anxiety to say the least.

Big thanks to all the AVZ internet sleuths for finding these gems of information floating around.

Good luck to all holders!

 

[BEISHA]

So did the tough guy and put up with pain in the middle of my back for 5 days. Now in hospital with undiagnosed covid which has caused major clots in both lungs and killed parts of my lungs. Get to the doctor early guys
Due some good news today good luck everyone.

God speed for a full recovery DAZ, get well soon brother !!