AVZ Discussion 2022

[BEISHA]

Argentina is a serial defaulter on international loans and IMF bail outs. Still won the World Cup

If these debtor nations were to get enough western support, then any future default would only really hurt china.

Look at what the west is doing to Russia presently. Keeping their assets

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.
J. Paul Getty

"If these debtor nations were to get enough western support, then any future default would only really hurt china."

Exactly, and to extend that further, if the west started to dramatically reduce their export reliance from China , like Australia are finally doing aka new trade agreements with UK & India etc, then Chinas 350% debt / GDP ratio will burn them to a crisp.

Russia is a pariah state in waiting, China could easily join them.

imo

 

[Samus]

You've just got to fucking laugh at this point.

 

[Bray]

Never thought would be sitting in front row seats at the circus once, let alone 12 months straight

Gotta love the special forces of ZIGCOM setting our TO price at near $2

 

[Xerof]

Meanwhile, back at the ranch

 

[cruiser51]

I don't recall- it awas zillions. But it's irrelevant as debt is in US$

Point is what's to stop the west saying to Sri Lanka (upto their necks in Chinese debt) or anyone else 'Come and join our gang and we'll ignore your debt to PRC and that will stop them keeping your people in poverty?'

International debts don't need to be paid if the creditor has no leverage and if there is no reputational loss / sanctions then there is no incentive to pay.

Straight from the PRC playbook.

When I was in BA, the steaks weren't inflated and better than Oztralia.

On top of that:
Argentina is the home of the second-largest shale formation in the world, containing an estimated 16 billion barrels of oil and 308 trillion cubic feet of natural gas.14 Mar 2023
And Oil production in Argentina amounted to 627 thousand barrels per day in 2021.
Argentina's current installed lithium carbonate production capacity stands at 37,500 tonnes, and the country produces 33,000 tonnes annually. The value of these exports is expected to reach $8.7bn by 2030. Argentina's two active lithium mines have been the key drivers for the rise in sales.24 Apr 2023

I don't think the margin on Dilma Tea is that high.

 

[TheCount]

When I was in BA, the steaks weren't inflated and better than Oztralia.

On top of that:
Argentina is the home of the second-largest shale formation in the world, containing an estimated 16 billion barrels of oil and 308 trillion cubic feet of natural gas.14 Mar 2023
And Oil production in Argentina amounted to 627 thousand barrels per day in 2021.
Argentina's current installed lithium carbonate production capacity stands at 37,500 tonnes, and the country produces 33,000 tonnes annually. The value of these exports is expected to reach $8.7bn by 2030. Argentina's two active lithium mines have been the key drivers for the rise in sales.24 Apr 2023

I don't think the margin on Dilma Tea is that high.

Margin not that high - but they grow it everywhere!!

TC.

 

[Der Geist]

Good point

COMINIERE claiming for 10%, Z for 15%, leaves a clear 75%, which even if you went with the Green Mamba declaration of DATHOMIR 15% and AVZ 60%, infers MMCS are out via an ICC determination.

So, where is it? Surely our fossickers on the ground in DRC should be able to get a copy of it, if it has been resolved

John, technically, without the issuance of the ML, wouldn't the 10% still remain with COMINIERE?

Oops, der geist, not John Reed, but oh well, same same

Would be great to see the documents to see if Dathomir is still considered.

We need access to the RCCM as well

 

[Der Geist]

Your writing style reminds me of a very high profile Lawyer, recently had a Birthday (mid 70's), worked in Sydney. We used to have many conversations about Redfire Resources back in the day......
TC.

Lawyers are always interesting for optics, is he saying anything on the AVZ matter?

 

[Der Geist]

Wasn't that discovered by Sir Les?

Try to keep up haha

View attachment 36472

Sir Les doesn’t have the credibility of real person name, Constantin Garlas and so reach. Also, I gather the Congolese like Constantin. The Germans always seem respected where ever they go.

 

[cruiser51]

Would be great to see the documents to see if Dathomir is still considered.

We need access to the RCCM as well

 

[9cardomaha]

The reason this concerns me is that I have been made aware of potential ICC action by Cominiere against AVZ - if this turns out to be true (it is heresay at the moment) then I think others would share the same concern - though i am uncertain what Cominiere could possible be filing at ICC.

Few tidbits from me:

• I have confirmed that Zijin and Comniniere's joint case for damages was submitted on/around the 28th of April to the ICC - it is not impacted by the emergency arbitration ruling.
• The favourable AVZ ruling at ICC emergency arbitration stops Cominiere from terminating JVA at DRC local court, it also stops them from any shenanigans like when MMCS had their license revoked (ie, Cominiere sold to Dathomir, new JV was established, and new licenses were issued for a new tenement)
• The acknowledgement by Zijin on the value of the project will bite them in the ass and is proof that they underpaid for their supposed 15% - they supposedly even cited our feasibility study in the ICC claim to justify the value.
• If the original ICC case by Zijin flops then this second case would also flop, since the precedence would be that Zijin as a non-shareholder, doesn't even have the right to bring either ICC case. (the conflict in schedule seems even more suspect now...)
  • In this event, not sure if the case would be then trimmed down to just Cominiere's damages, but this is a pretty nifty way for Zijin to bankroll the legal proceedings IMO - the lead counsel for the newest case are Zijin's legal team

 

[Hudnut]

Never thought would be sitting in front row seats at the circus once, let alone 12 months straight

Gotta love the special forces of ZIGCOM setting our TO price at near $2

Just something else they are wrong about.
As we are all told regularly, they are all glued to TSE (hence why the twitter moratorium).
So they should all know it's....

$12!

 

[LithiumKing]

Can someone confirm that Zijin needed to bring commiere onto this ICC case given they are not an official shareholder? Further brown paper bags to get commiere to the table?

 

[Doc]

This ICC nonsense means one of two things for me.
1) Simply a delay tactic. Maybe they hoping the election goes a certain way that will favor them
2) That they have failed having AVZ kicked out through back channel negotiations ( a nice way to say to say their corruption has failed to achieve the desired results ) and that now they resorting to the good old Hail Mary plays.

Im going with 2 so in a round about way this is good news for us.

 

[9cardomaha]

Can someone confirm that Zijin needed to bring commiere onto this ICC case given they are not an official shareholder? Further brown paper bags to get commiere to the table?

Zijin do not need to include Cominiere in their current ICC case since the first case is still pending. However as I mentioned above, this seems like a failsafe to ensure the case is heard even if ICC determines it doesn't have jurisdiction given Zijin are a bunch of rat fucking scumbags. If the original case had kept its jurisdiction hearing, then Zijin wouldn't be able to bring this case and Cominiere would have to go it alone (if at all)

Given the way the latest ICC claim is structured, I also believe Zijin is attempting to drag Dathomir into the case.... AVZ's ann is pretty good though since it puts a spotlight on those actors who are in cahoots. If Dathomir does jump on board, it just confirms what we've all known about, that Dathomir, Cominiere and Zijin are all giving each other the reach around, trying to fuck AVZ.

 

[Der Geist]

Zijin and Comniniere's joint case for damages was submitted on/around the 28th of Apri

Would there be any reference to MMCS in that document or to the Dathcom RCCM file equity share?

 

[Samus]

After his failure to acquire 15% of Dathcom at the undervalued price of Usd33M according to @IgfRdc, Zijin, and his accomplice in the sell-off Cominiere, seized the Court of Arbitration claiming USD 850M in damages from a project carried out by @AvzMinerals without financial contribution from another. WITCHCRAFT

 

[JNRB]

Hi all. I think @Azzler summed up pretty great what I'm also thinking in this, but just to add one thing,

I don't believe we're under any obligation to participate in this, right?

JV partners are obligated to go to ICC for disputes that can't be resolved. But this isn't about resolving a dispute, they've jumped straight to claiming damages. There are other ICC cases already covering the actual dispute. So we're not obligated to participate?

As Azz pointed out, this makes me wonder if some sort of resolution has already happened....

 

[MoneyBags1348]

Sir Les doesn’t have the credibility of real person name

Unlike Der Geist

The Germans always seem respected where ever they go.

Like Klaus Eckof

Sorry @cruiser51 I wasn’t going to post again today but really…. Has the comedy festival come to tse??!!

 

[cruiser51]