Der Geist
Regular
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.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
9cardomaha
Regular
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
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
Regular
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?
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.
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
Regular
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.
Attachments
Der Geist
Regular
Would there be any reference to MMCS in that document or to the Dathcom RCCM file equity share?
Samus
Top 20
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
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....
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
Top 20
Unlike Der Geist
Like Klaus Eckof
Sorry @cruiser51 I wasn’t going to post again today but really…. Has the comedy festival come to tse??!!
I don't know if der geist has ever been to Europe, the way he talks he never did.
I even wonder if he has ever been outside Australia.
My feeling is that DG is trying to transform TSE into a second rate hotcrapper.
It is up to the posters as a collective to stop that, not me as an individual.
I thought that was the original deal with TSE, otherwise why bother?
All IMO.
Der Geist
Regular
Your focus, andyour clan, would be better off asking how is the Boatman appendix upload docs implicating the AFR in malfeasance starting with it’s first article nearly a year ago?
Questions of ownership aside which require an inscrutable detail for generalists, the recent revelation of tampering with official docs including already questionable docs makes the case black and white there is mischief and why didn’t AFR err on the side of caution. Professionals ought to detect fraud like this
The point being, AVZ’s reputation has been trashed by the AFR. I have it on good word that AVZ is damaged - ask any accountant or lawyer a little savvy on ASX things. See it from outside the echo chamber. Why then would you antagonise efforts to bring the spotlight on AFR’s alleged malfeasance?There’s a lot to consider about what AFR did and didn’t do. You must have had some good Intuitions about that to share rather than trying to undermine those who seek to revive the credibility of AVZ.
I apologise if you genuinely thought o forged your post. It is simply not true it was intentional. I’m sure there are other incidences Similar
Der Geist
Regular
The only person attempting a transformation of TSE into hotcrapper is yourself. In fact, “cruiser51” signifies for me everything that is tedious about HCI don't know if der geist has ever been to Europe, the way he talks he never did.
I even wonder if he has ever been outside Australia.
My feeling is that DG is trying to transform TSE into a second rate hotcrapper.
It is up to the posters as a collective to stop that, not me as an individual.
I thought that was the original deal with TSE, otherwise why bother?
All IMO.
How are we supposed to call you today?
Peter, Paul, or Mary?
Give us a hint, what is it this time? Klaus?
The moment you appear on TSE, we see an absolute hotcrapper circus appear, with one ceremony master the DG in person.
Xerof
Have a Cigar 1975
You seemed to have good access to RCCM in the past 2021 - what happened to your source?
Der Geist
Regular
What was wrong with your access? Genuine question
DiscoDanNZ
Regular
I thought DG was banished with ChrisU, why is he back? Is there trouble in the boaty/Tommy Twotbag Dutch rudder threesome?
Xerof
Have a Cigar 1975
Thanks for the great backgrounder
What you have revealed is that AVZ received this submission late April, but due to, in their words, viewing it as spurious, decided not to inform shareholders. Where have I read that before
They were very happy to tell us about the successful injunction asap, but not the new challenge from C/Z, so why today I ponder. Breaking story from someone from the dark side?
Was this the reason for the emergency hearing to injunct COMINIERE? I would think so - MMCS experience, although different circumstances entirely, could have been seen as another avenue to delay delay delay by revocation of the JVA via DRC courts, and set us back years more, with yet another court case
As you say, these late April filings make a mockery of the delay to the first Z case, but good on the lawyers for recognising the possibilities
No trigger of fines then.....
and yes, clever way of legitimately bankrolling COMINIERE's legal costs
Again, as you said somewhere else, their mutual complicity is now exposed before the eyes of the global mining fraternity
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