AVZ Discussion 2022

[Sammy_da_Smile]

Same here! The photo will worth million word. Fingers cross!

Yup they certainly do, and a few past announcements before covid when the team where there we were seeing heaps photos of the team with various officials. Hoping for some from Nigel's recent trip.

 

[Dijon101]

Slide 3
*describes incomplete transaction

At the end of the day, worst case we own 51%.

That last 15%, let's hope it gets cleared up in the near future.

 

[Winenut]

Oh....and Zijin and the DRC and Felix!

 

[Sammy_da_Smile]

Without being negative Nellie I like the clarity and straight-forward sense of the Powerpoint slide

BUT......

It ain't telling us anything we didn't already know

There's nothing in it that provides further evidence that our position is the true and correct and legally defendable position

Like I said I think it's good to maybe enlighten the public a bit and come out with a clear statement....but we already know those facts, the general public doesn't care and the trolls and downrampers will just continue to deny it

I'll be quietly waiting further to see what tomorrow, Mr Market and AVZ bring to the table

Yeh that's right mate, how else can they state it? Like they are abiding by asic's law of disclosure etc

I dunno, a photo with Nigel and Felix would be worth 1000000000000 words. Maybe one more 0

 

[cruiser51]

i damn well hope so!

I hope they immediately call a new TH, so they can produce the BFS with the 10Mtpa plant on it, using an updated Lithium, Tin and PLS price.

Just to make certain people in the DRC salivate and exercise their mind a little.

It almost looks like the DRC politicians can not look further than this afternoon and the Chinese know exactly where they are fighting for.

The 20 year mine plan only takes RD in consideration.

 

[BRICK]

I hope they immediately call a new TH, so they can produce the BFS with the 10Mtpa plant on it, using an updated Lithium, Tin and PLS price.

Just to make certain people in the DRC salivate and exercise their mind a little.

It almost looks like the DRC politicians can not look further than this afternoon and the Chinese know exactly where they are fighting for.

The 20 year mine plan only takes RD in consideration.

Good point. The Chinese arnt stupid negotiators either. They can be slippery and unemotional.

Best get some boots on the ground and shovels in the dirt quick smarts!! Let’s get it going nige

 

[Samus]

Without being negative Nellie I like the clarity and straight-forward sense of the Powerpoint slide

BUT......

It ain't telling us anything we didn't already know

There's nothing in it that provides further evidence that our position is the true and correct and legally defendable position

Like I said I think it's good to maybe enlighten the public a bit and come out with a clear statement....but we already know those facts, the general public doesn't care and the trolls and downrampers will just continue to deny it

I'll be quietly waiting further to see what tomorrow, Mr Market and AVZ bring to the table

Agree but it isn't the place. The time yes the place no.
Absolutely waiting with you for tomorrow.

I'm particularly curious as to why management would not have disclosed any of these background goings on to market if there's any truth to the ccp narrative. At face value it seems like a potential problem.

 

[BEISHA]

Hotcrapper at its best

I thought talking about AVZ issues on the AVZ thread is where you do that.
It looks like stiffshit has different ideas.

What a wanker, so are the moderators!

• This message has been removed from public view. on 10/05/22 09:59 because of (Off-topic)

Posted 09:38

You have got to be joking !!

The mind boggles..................maybe HC was bought out by the chinese...........

lol

 

[Winenut]

Agree but it isn't the place. The time yes the place no.
Absolutely waiting with you for tomorrow.

View attachment 6147

I'm particularly curious as to why management would not have disclosed any of these background goings on to market if there's any truth to the ccp narrative. At face value it seems like a potential problem.

You have highlighted exactly the singular issue that is at the heart of the current conundrum....

How do those AVZ "rights" and that Dathcom Shareholders Agreement in actual and legal reality pan out?

Bring on the new day and let's get on with it!

Cheers

 

[Bray]

Reckon we could make squillions shorting zinjin now, even better investment than AVZ?

 

[Samus]

You have highlighted exactly the singular issue that is at the heart of the current conundrum....

How do those AVZ "rights" and that Dathcom Shareholders Agreement in actual and legal reality pan out?

Bring on the new day and let's get on with it!

Cheers

Exactly while this graph is somewhat reassuring, it proves nothing relating to the issue at hand.

 

[Sammy_da_Smile]

Can't see any live streams to do with DRC or AVZ as yet at the mining conference. But this channel seems to be doing a fair bit of reporting. There is a live stream from day 1 that was put up, I flicked through it and didn't find anything of interest. Link below for those who wanna have a geez at a recent update. Trying to catch a glimpse of the AVZ stall.

 

[Winenut]

Exactly while this graph is somewhat reassuring, it proves nothing relating to the issue at hand.

 

[CashKing]

imagine after our nasty move down we get an ann, substantial holder Zijin Mining 250million shares aquired and they've also bought Dathomir's 260million shares, now no.1 shareholder with abt 13% of the company, and with CATH's 7% they are combing to own 20% of the company and Zijin will be sitting on the board, and both voting yes for a $1.50 takeover....just stirring the pot,,,gotta have a laugh here n there

and they change our name to AVZijin

They don’t need any more ideas mate…

 

[cruiser51]

Without being negative Nellie I like the clarity and straight-forward sense of the Powerpoint slide

BUT......

It ain't telling us anything we didn't already know

There's nothing in it that provides further evidence that our position is the true and correct and legally defendable position

Like I said I think it's good to maybe enlighten the public a bit and come out with a clear statement....but we already know those facts, the general public doesn't care and the trolls and downrampers will just continue to deny it

I'll be quietly waiting further to see what tomorrow, Mr Market and AVZ bring to the table

The DRC Court structure:
Yes the case wasn't heard in the highest court, but it wasn't heard in the local pub either.
The case was heard in the tribunaux de grande instance.
I really don't know in which court this case was supposed to be heard, I am not a DRC lawyer.

This is a little bit of an explanation:

8.4. The Constitutional Court​

Article 157 of the 2006 Congolese Constitution institutes the Constitutional Court. The government has passed in October 2013 an organic law on the Constitutional Court. Established in 2013, the Constitutional Court became operational in 2015.

8.4.1. Jurisdiction​

The Constitutional Court is the highest court in constitutional matters. It is not the highest court in the DRC but given that the Constitution is the supreme law of the land the Constitutional Court is practically the court defining and settling the most fundamental issues in the country. Moreover, the Court may hear appeals from the Council of State and the Court of Cassation on jurisdictional questions. In that sense, the Constitutional Court performs in the Congo the function that the Tribunal of Conflicts fills in France: deciding within which ordre de jurisdiction or court system a case falls.

The Constitutional Court has a mandate as broad and significant as the Constitution itself. The core function of the Constitutional Court is to check the constitutionality of laws and conduct with legal consequences. Anyone may seize the Court to call into question the constitutionality of an Act of Parliament or regulation. The Court checks the constitutionality of organic laws and regulations before their promulgation. It checks the constitutionality of the rules of order of the Parliament, the Independent Electoral Commission, and the CSAC. Any act the Court finds inconsistent with the Constitution is null and void. The decisions of the Constitutional Court are final and executory and bind all courts and persons in the country.

The Court interprets the Constitution upon request by the President of the Republic, the government, the President of the Senate or the Speaker of the National Assembly, one tenth of the members of either of the two parliamentary houses, Governors, and presidents of provincial assemblies. It resolves disputes on referenda and presidential and legislative elections, conflicts over the distribution of powers between the government and the Parliament and between the central and provincial governments. The Court also hears criminal cases against the President of the Republic and the Prime Minister, after two thirds of the congress vote in favor of prosecution. Upon conviction, the Court removes the President or Prime Minister from his or her office. The International Criminal Court exercises complementary jurisdiction in cases of war crimes and crimes against humanity.

8.4.2. Membership and Tenure​

The Constitutional Court is made up of nine judges appointed by the President of the Republic. The President chooses three judges for appointment as Constitutional Court judges; the congress (i.e., Senate and National Assembly, voting collectively) and the JSC each recommend three Constitutional Court judges. Appointed in July 2014, the first nine judges of the Constitutional Court were Eugène Lwape Banyaku, Jean-Louis Kangashe Esambo, Yvon Kele Oma Kalonda, Noël Ngozi Mala Kilomba, Luamba Bindu, Emmanuel-Janvier Bambi Lessa Luzolo, Mpunga Sungu, Félix Vunduawe Te Pemako, and Corneille Nsongo Wasenda.

Two thirds of the judges must be lawyers from the bench, the bar or academia, with at least 15 years of experience in law or politics. Constitutional Court judges serve for a non-renewable term of nine years. One third of the Court is renewed every three years. Judges choose who among them will be the Chief Justice. Once elected by his peers, the Chief Justice is formally elevated to the position of Chief Justice by the Congolese President by means of an ordinance. The Chief Justice serves for a once renewable term of three years. The current Chief Justice is Benoît Bindu Luamba.

8.5. The Court of Cassation​

Article 153 of the Constitution creates the Court of Cassation (Cour de cassation) and puts civil and military courts under its control. Stated differently, the ordinary court system is headed by the Court of Cassation. In April 2013, the Congolese Parliament passed an organic law on the ordinary court system, which is the vast private and criminal law court system that encompasses the magistrates’ courts (tribunaux de paix), military courts, the Tribunal de Grande Instance, commercial courts, Courts of Appeals, the Military High Court and the Court of Cassation. Ordinary courts mediate the extensive range of civil and criminal litigation; they are the heart of the judicial system.

The Court of Cassation is composed of one “first president” or chief judge (Premier président), associate justices (présidents), and advisors (conseillers). Jérôme Kimpele Kitoko serves as the President of the Court of Cassation. The Court of Cassation is divided in four chambers: one chamber for civil matters, another for commercial matters, a third chamber for social matters and a fourth one for criminal matters. Each chamber has five members. The Parliament signed legislation on the procedure before the Court of Cassation in February 2013.

The Court of Cassation is the court of last resort. It hears appeals from decisions and judgments made by civil and military courts and tribunals. Yet when a case is appealed to the Court of Cassation, the Court does not decide the case itself; it decides only the legal questions referred to it. The Court either upholds the decision from a lower court or quashes it; in such event the Court will remand the case for reconsideration to the lower court in the light of the Court of Cassation’s decision on the legal questions.

One exception exists, though. The Court of Cassation has original and appellate jurisdictions in criminal cases against senior government officers. It decides both the facts and the legal question(s) in criminal cases against members of Parliament, government members other than the Prime Minister, members of the Constitutional Court, judges of the Court of Cassation and prosecutors appearing before that Court, members of the Council of State and prosecutors appearing before the Council, members of the Court des Comptes and prosecutors appearing before that Court, the chief judges of courts of appeals and the prosecutors appearing before those courts, the chief judges of administrative courts of appeals and the prosecutors appearing before those courts, the Governors and vice-governors, provincial ministers, and the presidents of provincial assemblies.

8.6. The Council of State​

Article 154 of the Constitution unfolds a system of administrative courts, formed by the Council of State (Conseil d’État), the Administrative Court of Appeals, administrative courts and tribunals. Unlike the Council of State in France, the Council of State in the DRC is part of the judiciary, not part of the executive branch of government. The Congolese Council of State hears and determines cases brought against the acts, regulations and decisions of national administrative bodies and officials. It hears appeals against decisions of administrative courts of appeals. In instances where there are no competent courts to hear claims for damages caused by measures taken or ordered by the state, the Council adjudicates. It bases its decisions on equity taking into account all circumstances relevant to the parties. Félix Vunduawe Te Pemako is the President of the Council.

8.7. Special Courts​

8.7.1. Commercial Courts​

A 2001 law establishes commercial courts in the Congo. Situated within a Tribunal de Grande Instance, a commercial court (tribunal de commerce) bench is composed of three persons: one permanent judge (appointed by the minister responsible for the administration of justice) and two businesspersons acting as lay judges, although the judge presides over the court. Commercial courts sit in judgment of cases involving bankruptcy, partnerships, unfair competition and commercial papers.

This is the website:

Overview of the Legal System of the Democratic Republic of the Congo (DRC) and Research

GlobaLex is an open-access electronic legal publication dedicated to international, comparative, and foreign law research.

www.nyulawglobal.org

 

[Sammy_da_Smile]

Just saw on twitter. Not sure what it means though?

Source - https://www.election-net.com/articl...ete-d-etat-cominiere-sa#.YnomeAlmHr8.whatsapp


DRC/MINES: ACAJ DENOUNCES THE SELLING OFF OF THE MINING ASSETS OF THE STATE-OWNED COMPANY COMINIERE SA
Lievin Luzolo 10 May, 2022 08:45 am

ACAJ denounces the selling off of the mining assets of the state-owned company COMINIERE SA relating to the Manono Lithium deposits.

the NGO directed by Le Georges Kapiamba asks, for this purpose, to the Government, to require the revisitation of the contract of Jont-Venture DATHCOM.

Below is the full letter from ACAJ addressed to the Minister of Mines, sent to ELECTION-NET.COM on Tuesday, May 10.

 

[Sammy_da_Smile]

Wouldn't let me upload these above.

 

[Sammy_da_Smile]

Shit does that say suspend PE?

 

[Costi]

Great find Sammy, if this is legit this looks promising!

 

[Mickdavo]

Shit does that say suspend PE?

Google translate has it as suspend the PE to conduct an independent investigation..