Agree totally
Take over I do not think so .Me thinks Zijin has indicated their TO offer to AVZ. AVZ had refused to come to their table or participate in any discussions with them hence the most recent ICC request.
Stalling tactics? Purchased for $33million and now demanding $800million for doing nothing? There is definitely more to that then simply stalling one would think.Take over I do not think so .
More stalling tactics in my view .
So that AVZ run out of funds.
The problem is ZIJIN know they will be exposed for the fraudlent actions and the right of first refusal not been followed.
ICC ruling will clear the path for FT to take action IMO without any negative impact to him and up coming election .
"I am following the law the DRC is a good place to invest in "???.
Either El Presidente is knee deep in the corruption or he's biding his time/awaiting further developments, for whatever reason(s) before he sorts this scheisse.
Spoken withIt's clearly touching nerves when my posts are reported and moderated
Be very careful folks.....the ones who keep talking about an insular environment and echo chambers here are not LTH's friends
There's a narrative of opening up ideas, and different points of view from them but it's not genuine
It's purely an agenda to disrupt, deflect, provide doubt and divide
Stay on track
Look to the company announcements for the best insight into the truth and at all times call out corruption, bullshit, mysterious convoluted grandstanding posts, posters who purport to have intel and actually share nothing and above all recognise the shithouse orchestrated attempts by multiple "personalities" here who have zero interest in your wellbeing and even less interest in the success of AVZ
Hear, hear.Probably best if we just all shut the fuck up, stop providing info to the enemy and eat popcorn until ICC
This is what I’m doing
bye all
See you Bags
I would say a small coterie of individuals here believe they decide who is in and who is out and make it unsafe for people to interact with who ever they like because this coterie of self entitled are regularly bullying (what they want to say is “abrasive”) hence their claims of moderation suggest they might just be the trolls unwittingly.Spoken with
Hear, hear.
After being moderated several times, had a private talk with Zeeb0t and mentioned the influx of new posters with multiple accounts.
Stopped posting until the desperate arseholes leave, one way or the other way.
Zeeb0t has the tools to flush out the arseholes, at the end he is the owner of this forum.
If this forum is being abused and the abuse not corrected, the attractiveness of this forum disappears and just becomes another forum, infiltrated by people with alternative motives.
I hope the crap will stop, but in the meantime, it is excellent weather to go out fishing.
But Franck Fwamba claims the US don’t want China controlling the lithiumChina are the economy. I’m sorry to say it looks pretty bleak for us with most of their economy relying entirely on Chinese export. And Felix is obviously on the take. This will not spin our way and our government will be arguing about wether we use the term indigenous or aboriginal when performing a welcome to country at a footy match.
Wow just returning to the forum after taking a month away on holiday, and what a grade-A shitshow! Seems to have devolved somewhat..
Personally, after reading allll these pages and the announcements issued since i took a travel-based mental-health breather (which admittedly focused largely on alcohol consumption) I think Zijin and Cominiere coming together on this latest ICC action is likely a further expression of a simple yet multi-pronged strategy previously mentioned:
1. To allow Zijin to be seen as a cooperative actor with Cominiere, underpinning its claim that a new JV between it and the Government would progress this strategic Project - as "we are already working together against the culprit stalling the Project".
2. To allow Zijin to fund and support Cominiere at the ICC, including by managing its legal team, giving it a better hope of success amidst its typical uselessness, and avoiding its concerns at being unable to pay its way. Its not Zijin's first rodeo at using the legal system to stall, steal a project or undermine an opponent! Likely also presents another path for transmission of snacks if necessary, as an aside.
3. To allow more imminent ICC cases to be wrapped up into a later submitted umbrella case, pushing back the window again to post 2024 at earliest. Im convinced we will see such an attempt come to pass. This would mark part of what I assume is now their grand strategic plan of delayance, in which they are likely to bombard the government along with the Chinese authorities and their suborned DRC agents (aka MoP/CAMI/Cominiere et al) that the only way to get this very important Project moving is by removal of whom they portray as the blocking actor. I have seen firm indicators of this in all the Cominiere and Zijin statements and letters, which were unfortunately also echoed in the MoM's cancelation decree.
4: Connected to the above, ensuring that Zijin have access to an ICC case against AVZ that it can use to delay us into dust, in consideration that its initial challenge was likely to be thrown out due to jurisdictional issues in July/Aug.
Regarding the Zijin/Com inclusion of a 'value' as set by its damages claim, this could potentially be seen a statement of lost revenue due to 'AVZ's delay', as reflected against the timeline set in the DFS as to first sale of product if these disputes hadn't erupted. Just a theory.
But anyway this is where I see this game moving, and I think Cominiere's efforts (seemingly with CAMI involvement) to simple oust AVZ or reassign 13359 to Cominiere is part of this plan coming together. I think we all know examples of where governments have stripped licenses of those they claim weren't progressing their Projects. Mostly due to their own inability rather than the institutionalized and state-backed corruption in service of outside non-state actors we are seeing with AVZ, but we've seen it nonetheless. That's probably Objective A of the plot, but a secondary Objective B could be to push us towards accepting a low-ball TO after we run out of cash, should their efforts to win the Project outright through subterfuge not reach success.
I have been calling for a negotiated outcome to this for a year, however to my dismay (though not those of all here) I think we may have pushed past the point now where that is possible. It's a major roll of the dice by our management, and one I now think is going to be to our ultimate detriment, but the AVZ management have optics on all the aspects of this case and I do not, so some benefit of the doubt must be provided. As such I'm still backing them - though with considerable apprehension.
In any case best of luck to all our holders here, as we've still got a difficult road ahead! I continue to appreciate all the information being presented here by those you all know, with a special mention to 9card, Frank, Carlos and others, and to the efforts of those like Spike and JAG who are continuing to fight the good fight. Note I even appreciate the return of our old friend DG who whilst muddying the waters as ever, does provide some interesting avenues of thought. Would prefer them in English though, I must say.
Why do you think that is the case Powertrade ?
I have that occurrence at around 30% chance, as of today. Maybe the chances go up or down depending on who has their foot on the neck/throat of AVZ at any given time.
Wild card is someone steps in and removes said foot
$12Me thinks Zijin has indicated their TO offer to AVZ. AVZ had refused to come to their table or participate in any discussions with them hence the most recent ICC request.
You are so right wombat. It it a complex situation that Felix has inherited and as he said "sort it out amongst yourselves". The road our BoD is taking is through the ICC and as we've seen already a favourable result in round 1. Once we win the next round Felix will have no choice but to order the grant of an ML. If he fails to act all his talk about ridding the DRC of corruption has serious consequences for his presidency and nationally as no one will trust the DRC and the West will not invest there apart from the PRC's corrupt companies. This means Felix's vision has failed. So the ball is in his court.AVZ is on the road to victory and it's p1ssing some people off .
Agree if there's not more to it why not just say the pricks are taking us to court claiming x amount of dollars don't know y but it is the drc we've all been trained to cop vague announcements sweet. So why the extra information. Not normalThough it seems likely stalling shenannigans with this latest ICC action.
I still cant stop comming back to the commentary on the latest announcement.
Seemingly irrelevant (to the announcement of the ICC action) commentary by the company.
"whilst no substantive quantification as to the merits and the quantum of the
damages claim is provided in the Request, it appears on face value that the
amount of the damages claims is based on Jin Cheng holding a 15% interest
and Cominière a 10% interest in Dathcom, thus suggesting that the Claimants
are valuing the entirety of the Manono Project at US$5.66 billion;"
Stating it's not explained what the damages are for, is relevant.
But going on to point out the $ values have a relation to the claimed ownership of C and Z.
And going on to point out that it's in relation to what they value the entire company at.
It's not just some commentary or speculation made off hand in an interview, it's in an official announcement.
To me, AVZ are telling us they are suing for their claimed ownership in the entire project,
I can't think of a circumstance where anyone would do that if they hadn't lost their claimed ownership.
So much of it doesn't make sense, which to me means there's information yet to be released.
Apparently we're expecting an announcement this week, lets hope it's got something good for us
and clears some things up.