AVZ Discussion 2022

The Fox

Regular
Reach out to Jens on the bird….maybe he still has his mate with the Superyacht in Phuket lined up for the party that was going to happen 3 years ago?
That boat sank. 🥲 It was overloaded with too many girls. I mean, how many do you need per passenger, for crying out load. 🤦‍♂️
 
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JNRB

Regular
100% unfounded, but I've got a good feeling for July.
Let's get this thing moving
 
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I don't have access to the full article, screenshot below.

But hopefully once some lawyers look at this from the DRC side, we will see some movement.
Eg someone saying that its not worth letting it go through, and to fix it now.
 

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Elmitso

Regular
Here is the full translation of the above article.



le 03/07/2023 à 11h40, par Africa Business+

The arbitration was launched on June 8 by two subsidiaries of the Australian company AVZ Minerals and its joint venture in the DRC Dathcom Mining before the International Center for Dispute Settlement (ICSID) of the World Bank. AVZ accuses the DRC of not having respected the obligations arising from the mining code in its regard, in particular by refusing so far to grant it the exploitation permit for the Manono lithium project, located in the province of Tanganyika. AVZ, which has controlled the scope since 2016, is represented in this case by the Paris and Madrid offices of DLA Piper, in particular the partners Michael Ostrove, co-director of the firm's arbitration group, T. Alexander Brabant, member of its Africa board.

DR Congo, for its part, has appointed five law firms to advise it in this procedure concerning Manono, a project considered to be one of the largest deposits of hard rock lithium in the world, with 400 million tonnes of lithium ore. a grade of 1.65% Li2O.

Among them, the Cabinet Rachida Dati of the former French Minister of Justice (2007-2009), former MEP, and current mayor of the 7th arrondissement of Paris, since 2008. Another firm based in France, Oplus, co-founded by Olivier Pardo is also counsel for the DRC against AVZ. A former magistrate, Olivier Pardo has been a lawyer in several widely publicized cases, for example defending Equatorial Guinea in the case of “ill-gotten gains”; Ziad Takkiedine on the Karachi attacks; or more recently the polemicist and candidate for the French presidential election of 2022, Eric Zemmour.


Cabinet Rachida Dati and Oplus had advised the Congolese State in an arbitration initiated against two companies of Israeli billionaire Dan Gertler in 2021 concerning oil permits that the DRC intended to recover. The blocks were returned to the state as part of a deal struck last year with Dan Gertler, which also ended litigation against the businessman.

In addition to these firms, the Congolese State has also appointed firms based in Kinshasa to represent it, namely Adombe & Associés, Mulenda and BND Lawyers & Associates.

In parallel with this arbitration at Cirdi, several other legal or arbitration proceedings have been launched concerning the Manono lithium project, involving its co-shareholders - AVZ, the public company Cominière and Dathomir of the Chinese businessman Simon Cong - , but also companies claiming rights to the site, in particular the Chinese group Zijin Mining.

Litigation fund Omni Bridgeway announced at the end of 2022 that it had agreed to finance a class action against AVZ on the part of its shareholders due to the fall in the value of the company's securities. Omni Bridgeway is now inviting interested shareholders to come forward by August 31.



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John25

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W
That boat sank. 🥲 It was overloaded with too many girls. I mean, how many do you need per passenger, for crying out load. 🤦‍♂️
With sea experience its always been said “Too many cracks will sink a boat under heavy load”
 
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Dazmac66

Regular
Here is the full translation of the above article.



le 03/07/2023 à 11h40, par Africa Business+

The arbitration was launched on June 8 by two subsidiaries of the Australian company AVZ Minerals and its joint venture in the DRC Dathcom Mining before the International Center for Dispute Settlement (ICSID) of the World Bank. AVZ accuses the DRC of not having respected the obligations arising from the mining code in its regard, in particular by refusing so far to grant it the exploitation permit for the Manono lithium project, located in the province of Tanganyika. AVZ, which has controlled the scope since 2016, is represented in this case by the Paris and Madrid offices of DLA Piper, in particular the partners Michael Ostrove, co-director of the firm's arbitration group, T. Alexander Brabant, member of its Africa board.

DR Congo, for its part, has appointed five law firms to advise it in this procedure concerning Manono, a project considered to be one of the largest deposits of hard rock lithium in the world, with 400 million tonnes of lithium ore. a grade of 1.65% Li2O.

Among them, the Cabinet Rachida Dati of the former French Minister of Justice (2007-2009), former MEP, and current mayor of the 7th arrondissement of Paris, since 2008. Another firm based in France, Oplus, co-founded by Olivier Pardo is also counsel for the DRC against AVZ. A former magistrate, Olivier Pardo has been a lawyer in several widely publicized cases, for example defending Equatorial Guinea in the case of “ill-gotten gains”; Ziad Takkiedine on the Karachi attacks; or more recently the polemicist and candidate for the French presidential election of 2022, Eric Zemmour.


Cabinet Rachida Dati and Oplus had advised the Congolese State in an arbitration initiated against two companies of Israeli billionaire Dan Gertler in 2021 concerning oil permits that the DRC intended to recover. The blocks were returned to the state as part of a deal struck last year with Dan Gertler, which also ended litigation against the businessman.

In addition to these firms, the Congolese State has also appointed firms based in Kinshasa to represent it, namely Adombe & Associés, Mulenda and BND Lawyers & Associates.

In parallel with this arbitration at Cirdi, several other legal or arbitration proceedings have been launched concerning the Manono lithium project, involving its co-shareholders - AVZ, the public company Cominière and Dathomir of the Chinese businessman Simon Cong - , but also companies claiming rights to the site, in particular the Chinese group Zijin Mining.

Litigation fund Omni Bridgeway announced at the end of 2022 that it had agreed to finance a class action against AVZ on the part of its shareholders due to the fall in the value of the company's securities. Omni Bridgeway is now inviting interested shareholders to come forward by August 31.



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Well the DRC aren't backing down at this point, they have appointed 4 different law firms to represent them. The mind boggles at the cost of this! Obviously the DRC hierarchy are still listening to the Cominiere imbecile for advice.
 
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j.l

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I thought it's about time

Here is the full translation of the above article.



le 03/07/2023 à 11h40, par Africa Business+

The arbitration was launched on June 8 by two subsidiaries of the Australian company AVZ Minerals and its joint venture in the DRC Dathcom Mining before the International Center for Dispute Settlement (ICSID) of the World Bank. AVZ accuses the DRC of not having respected the obligations arising from the mining code in its regard, in particular by refusing so far to grant it the exploitation permit for the Manono lithium project, located in the province of Tanganyika. AVZ, which has controlled the scope since 2016, is represented in this case by the Paris and Madrid offices of DLA Piper, in particular the partners Michael Ostrove, co-director of the firm's arbitration group, T. Alexander Brabant, member of its Africa board.

DR Congo, for its part, has appointed five law firms to advise it in this procedure concerning Manono, a project considered to be one of the largest deposits of hard rock lithium in the world, with 400 million tonnes of lithium ore. a grade of 1.65% Li2O.

Among them, the Cabinet Rachida Dati of the former French Minister of Justice (2007-2009), former MEP, and current mayor of the 7th arrondissement of Paris, since 2008. Another firm based in France, Oplus, co-founded by Olivier Pardo is also counsel for the DRC against AVZ. A former magistrate, Olivier Pardo has been a lawyer in several widely publicized cases, for example defending Equatorial Guinea in the case of “ill-gotten gains”; Ziad Takkiedine on the Karachi attacks; or more recently the polemicist and candidate for the French presidential election of 2022, Eric Zemmour.


Cabinet Rachida Dati and Oplus had advised the Congolese State in an arbitration initiated against two companies of Israeli billionaire Dan Gertler in 2021 concerning oil permits that the DRC intended to recover. The blocks were returned to the state as part of a deal struck last year with Dan Gertler, which also ended litigation against the businessman.

In addition to these firms, the Congolese State has also appointed firms based in Kinshasa to represent it, namely Adombe & Associés, Mulenda and BND Lawyers & Associates.

In parallel with this arbitration at Cirdi, several other legal or arbitration proceedings have been launched concerning the Manono lithium project, involving its co-shareholders - AVZ, the public company Cominière and Dathomir of the Chinese businessman Simon Cong - , but also companies claiming rights to the site, in particular the Chinese group Zijin Mining.

Litigation fund Omni Bridgeway announced at the end of 2022 that it had agreed to finance a class action against AVZ on the part of its shareholders due to the fall in the value of the company's securities. Omni Bridgeway is now inviting interested shareholders to come forward by August 31.



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Sheesh! Game on it seems.
 
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John25

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BRICK

Regular
The key wording is “To advise” the Government
Hopefully they charge them a shitload of hours to tell them they should just capitulate and get on with it.
 
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Mickyb64

Regular
Here is the full translation of the above article.



le 03/07/2023 à 11h40, par Africa Business+

The arbitration was launched on June 8 by two subsidiaries of the Australian company AVZ Minerals and its joint venture in the DRC Dathcom Mining before the International Center for Dispute Settlement (ICSID) of the World Bank. AVZ accuses the DRC of not having respected the obligations arising from the mining code in its regard, in particular by refusing so far to grant it the exploitation permit for the Manono lithium project, located in the province of Tanganyika. AVZ, which has controlled the scope since 2016, is represented in this case by the Paris and Madrid offices of DLA Piper, in particular the partners Michael Ostrove, co-director of the firm's arbitration group, T. Alexander Brabant, member of its Africa board.

DR Congo, for its part, has appointed five law firms to advise it in this procedure concerning Manono, a project considered to be one of the largest deposits of hard rock lithium in the world, with 400 million tonnes of lithium ore. a grade of 1.65% Li2O.

Among them, the Cabinet Rachida Dati of the former French Minister of Justice (2007-2009), former MEP, and current mayor of the 7th arrondissement of Paris, since 2008. Another firm based in France, Oplus, co-founded by Olivier Pardo is also counsel for the DRC against AVZ. A former magistrate, Olivier Pardo has been a lawyer in several widely publicized cases, for example defending Equatorial Guinea in the case of “ill-gotten gains”; Ziad Takkiedine on the Karachi attacks; or more recently the polemicist and candidate for the French presidential election of 2022, Eric Zemmour.


Cabinet Rachida Dati and Oplus had advised the Congolese State in an arbitration initiated against two companies of Israeli billionaire Dan Gertler in 2021 concerning oil permits that the DRC intended to recover. The blocks were returned to the state as part of a deal struck last year with Dan Gertler, which also ended litigation against the businessman.

In addition to these firms, the Congolese State has also appointed firms based in Kinshasa to represent it, namely Adombe & Associés, Mulenda and BND Lawyers & Associates.

In parallel with this arbitration at Cirdi, several other legal or arbitration proceedings have been launched concerning the Manono lithium project, involving its co-shareholders - AVZ, the public company Cominière and Dathomir of the Chinese businessman Simon Cong - , but also companies claiming rights to the site, in particular the Chinese group Zijin Mining.

Litigation fund Omni Bridgeway announced at the end of 2022 that it had agreed to finance a class action against AVZ on the part of its shareholders due to the fall in the value of the company's securities. Omni Bridgeway is now inviting interested shareholders to come forward by August 31.



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This is one of the most depressing articles I've seen in a while regarding the DRC and AVZ. This clearly shows that the DRC government aren't interested in working with AVZ.
 
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Xerof

Biding my Time 1971
I see off the bird that Julien has also been talking to COMC, who seem keen to be involved in the globally important lithium rescue mission for the world, run out of Africa.

So thats CATL, CATH, COMC and ZIJIN (which according to psychopath cunt at COMINIERE are signing up for mining, but he hasn't had the letter yet)

Could someone with a clear line of thought DM me with the plan please. I'm more confused than ever by imminent boat parties, sorted by end of July, end of year fuckfest in Thailand etc etc. I'm too fucking old for that shit, I'd just like some cash to spend on Margheritas thanks
 
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Dazmac66

Regular
This is one of the most depressing articles I've seen in a while regarding the DRC and AVZ. This clearly shows that the DRC government aren't interested in working with AVZ.
At least something is happening Micky. Better than endless silence.
 
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TDITD

Top 20
Here is the full translation of the above article.



le 03/07/2023 à 11h40, par Africa Business+

The arbitration was launched on June 8 by two subsidiaries of the Australian company AVZ Minerals and its joint venture in the DRC Dathcom Mining before the International Center for Dispute Settlement (ICSID) of the World Bank. AVZ accuses the DRC of not having respected the obligations arising from the mining code in its regard, in particular by refusing so far to grant it the exploitation permit for the Manono lithium project, located in the province of Tanganyika. AVZ, which has controlled the scope since 2016, is represented in this case by the Paris and Madrid offices of DLA Piper, in particular the partners Michael Ostrove, co-director of the firm's arbitration group, T. Alexander Brabant, member of its Africa board.

DR Congo, for its part, has appointed five law firms to advise it in this procedure concerning Manono, a project considered to be one of the largest deposits of hard rock lithium in the world, with 400 million tonnes of lithium ore. a grade of 1.65% Li2O.

Among them, the Cabinet Rachida Dati of the former French Minister of Justice (2007-2009), former MEP, and current mayor of the 7th arrondissement of Paris, since 2008. Another firm based in France, Oplus, co-founded by Olivier Pardo is also counsel for the DRC against AVZ. A former magistrate, Olivier Pardo has been a lawyer in several widely publicized cases, for example defending Equatorial Guinea in the case of “ill-gotten gains”; Ziad Takkiedine on the Karachi attacks; or more recently the polemicist and candidate for the French presidential election of 2022, Eric Zemmour.


Cabinet Rachida Dati and Oplus had advised the Congolese State in an arbitration initiated against two companies of Israeli billionaire Dan Gertler in 2021 concerning oil permits that the DRC intended to recover. The blocks were returned to the state as part of a deal struck last year with Dan Gertler, which also ended litigation against the businessman.

In addition to these firms, the Congolese State has also appointed firms based in Kinshasa to represent it, namely Adombe & Associés, Mulenda and BND Lawyers & Associates.

In parallel with this arbitration at Cirdi, several other legal or arbitration proceedings have been launched concerning the Manono lithium project, involving its co-shareholders - AVZ, the public company Cominière and Dathomir of the Chinese businessman Simon Cong - , but also companies claiming rights to the site, in particular the Chinese group Zijin Mining.

Litigation fund Omni Bridgeway announced at the end of 2022 that it had agreed to finance a class action against AVZ on the part of its shareholders due to the fall in the value of the company's securities. Omni Bridgeway is now inviting interested shareholders to come forward by August 31.



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DRC Government has appointed FIVE law firms, yep FIVE. DRC Govt are flat broke. Sure, this is being funded by the DRC Govt ;).............................or should I say their backers/bribers/daddies (🇨🇳) are happy to splash out :unsure:. Its not just any old 5 run of the mill firms, it's the cream. .

Either way, all those 5 firms can really say is "yea, by the words of the law, legally your fucked, but we can try some BS"

Enjoy being captured DRC (that's going real well for you so far, well the politicians). China can pay us out properly or we will go mining

Fuck the number 5, I prefer $12 (USD)

$12

$12

$12
 
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Panther22

Regular
Now that I'm feeling the end game approaching, and pondering celebration, an idea is formulating in my head.
And that is a meetup/celebration week in Phuket, Thailand.

I know a few of you bastards are already veterans of this paradise. It looks amazing!

Okokok it's a bit soon, a bit soon, but think about it everyone. It could be amazing. :)
Koh Samui and l'm there!!
 
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Samus

Top 20
I see off the bird that Julien has also been talking to COMC, who seem keen to be involved in the globally important lithium rescue mission for the world, run out of Africa.

So thats CATL, CATH, COMC and ZIJIN (which according to psychopath cunt at COMINIERE are signing up for mining, but he hasn't had the letter yet)

Could someone with a clear line of thought DM me with the plan please. I'm more confused than ever by imminent boat parties, sorted by end of July, end of year fuckfest in Thailand etc etc. I'm too fucking old for that shit, I'd just like some cash to spend on Margheritas thanks
gz2xd3 (1).gif
 
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Azzler

Top 20
The DRC are being taken to court, they're caught up in illegal activities.
Of course they're going to hire lawyers.

Who knows their intentions, but on it's own it doesnt signal anything.
 
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Samus

Top 20
The DRC are being taken to court, they're caught up in illegal activities.
Of course they're going to hire lawyers.

Who knows their intentions, but on it's own it doesnt signal anything.
At least they seem to be taking it seriously. They'd be crazy not to advocate for a takeover whereby they receive the tax revenue and then take whatever stake in the project negotiated with the new owners as well.
Very good outcome for a pack of greedy cunts, I'm sure they can even negotiate a sales bonus for themselves one way or another with the Chinese.
Payday bonanza for the elites. Watches and snacks all round.
 
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9cardomaha

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1688518260543.png

Lets get the show on the road.
 
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Rediah

Regular
The DRC are being taken to court, they're caught up in illegal activities.
Of course they're going to hire lawyers.
Exactly.

Harvey Weinstein arrested and taken to court, he hired the best and expensive lawyers he could. But the judge wasnt like, "Mr Eeinstein since you got the best and most number of lawyers (six lawyers including a retired judge and a former Fox News analyst) to represent you so we might as well skip this trial and let you off, please sign here and here and there is a super yacht full of 16 years old, sail away at your convenience".
 
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TDITD

Top 20
View attachment 39277
Lets get the show on the road.
Could be a bit of a shitshow with the 5 firms and god knows how many egos at these firms all clashing on a strategy to muddy the waters on AVZs obvious position of strength (being on the right side of the law).

Too many cooks spoil the broth
 
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