Cong never took the cash. But he recieved it. Which is legally good enough.with regards to ICC... this first case with jin cheng has no connection what so ever to dathomir's claims against AVZ... so it wont effect that in the slightest.... Having said that, not worried about the dathomir case in the slightest.... cong sold it, took the cash, then cried poor when the lithium tide had turned...
According to AVZ the SPA's contained a clause for arbitration outside the DRC. I've never seen the agreements but I'd say they have similar clauses to the Dathcom JVA regarding going through the ICC. Even without a specific clause in the SPA's any dispute between shareholders of Dathcom must go through the ICC anyway under Article 11 of the JVA.You are not concerned about a DRC judge that will almost certainly be paid off by the Chinese to rule against AVZ ?
yep.... fair chance dathomir will be the next to liquidate as soon as they lose against AVZ.... i bet you cong has already fleeced any assets out of dathomir to try and reduce exposure....According to AVZ the SPA's contained a clause for arbitration outside the DRC. I've never seen the agreements but I'd say they have similar clauses to the Dathcom JVA regarding going through the ICC. Even without a specific clause in the SPA's any dispute between shareholders of Dathcom must go through the ICC anyway under Article 11 of the JVA.
The fact that Cong didn't follow these rules when trying to weasel his way out of the contracts he intended to be bound by shows that he knows that he has no chance of winning based on the facts of the case. Worth remembering AVZ's claims against Dathomir at the ICC include damages.
Not quite every challenge. Jin Cheng prevailed in the 1v3 arbitrator dispute. That could backfire on them though given what others have raised as to the JVA mandating 3.Based on the series of successes AVZ has had at every challenge from the other parties:
We want confidentiality at hearings - ICC says fuck off, it's public
We want to combine the hearings into one - ICC says fuck off, they remain separate, and by the way, see you on October 5th
And the revelation that DATHOMIR have moved in the DRC for dissolution of DATHCOM, based on two disputed measures, JVA terminated and 13359 transferred, basically on behalf of COMINIERE because they are injuncted, (fucking laughable)
leads me to think that ICC can already see the claims are vexatious and spurious. Of course it will use the full process if needed, but I would not be surprised if they were a no-show
JMT
So if we bring it back to basics it's still about stall tactics . The ball is in Felix's court and I can't see him doing anything prior the election . Can't afford to p1ss off the Chinese at election time . If he loses the election then it's not his problem . What does AVZ still mentioning ICSID as an option tell us ? Glad the AGM isn't far away .Not quite every challenge. Jin Cheng prevailed in the 1v3 arbitrator dispute. That could backfire on them though given what others have raised as to the JVA mandating 3.
One question I've got is that an earlier release said the jurisdictional challenge does not rule on the merits of the sale itself to JC and that this would require separate proceedings. Where would these be held, surely not in the DRC? Perhaps it wouldn't be needed, as a succesful jurisdictional challenge would suggest that the ICC indicate tangentially that JC arent covered by the JVA and that the sale was thus invalid. Also i guess the seperate proceedings could be meaning the case against Cominiere, which would ostensibly be covering the same ground. So the Cominiere ICC cases are pretty criticial IMO.
Agree that Dathomirs challenge is laughable, but I still think it's of concern. Our opponents have got shady rulings passed in DRC courts before, and Dathcom is a DRC-registered entity. Sure the JVA indicates an ICC pathway for its dispute resolutions, however if they can get Dathcom derigestered following a dodgy DRC court ruling then that could open up a number of tricky issues, and would be further fodder to muddy the waters as part of their disinformation campaign. Hopefully AVZ lawyers can bat this one away.
I think though outside this we seem in good stead at the ICC. Just need to get this first jurisdictional challenge in the bag, and that should help set the tone for what follows. While we are awaiting the long ICC ruling process, Then hopefully in the interim we can get a timeline set for the key Cominiere challenges.
I'll be dancing around like that when all this is said and done!Welcome to Thursday …AGM 8 weeks away …
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I agree AVZ better have proof however it doesn’t deter cheng, dathomir & cominiere being openly corrupt lying criminal scum whenever and wherever they like, it’s unjust that it’s allowed to get this far.What did i miss yesterday? hahah
Ive read this mother fucker about 5 times.
One standout for me is, which i assume would have been scrutinised by the legal team :
"AVZ believes Jin Cheng, Dathomir and Cominière are acting in concert to crystalise disputes with AVZ and disrupt and delay the development of the Manono Project with the aim of seizing control of the Manono Project. Their conduct has contributed to the delay by the DRC in granting the exploitation permit and therefore led to the commencement of the ICSID proceedings"
The reason for this standing out to me is that they have called it out clearly which means they better have, or do have, good fucking proof that stands up in an actual court of law because to make statments (an accusation) like that, you want to be sure you have the evidence.
Back in your box for now Gina, im happy to watch this play out but goota stay out of DRC courts?
Avz doe have proof that is why they are confident.What did i miss yesterday? hahah
Ive read this mother fucker about 5 times.
One standout for me is, which i assume would have been scrutinised by the legal team :
"AVZ believes Jin Cheng, Dathomir and Cominière are acting in concert to crystalise disputes with AVZ and disrupt and delay the development of the Manono Project with the aim of seizing control of the Manono Project. Their conduct has contributed to the delay by the DRC in granting the exploitation permit and therefore led to the commencement of the ICSID proceedings"
The reason for this standing out to me is that they have called it out clearly which means they better have, or do have, good fucking proof that stands up in an actual court of law because to make statments (an accusation) like that, you want to be sure you have the evidence.
Back in your box for now Gina, im happy to watch this play out but goota stay out of DRC courts?
I had resolved that Jin Cheng were comfortably taking the piss out of the ICC on an extreme level. Culminating in maybe a November meeting with more stalling techniques thrown in to push a hearing back further. Based on their unabated actions to date.So the first part of ICC case involving Jen Cheng is to be held 5/6 October.
In part this is a general ‘fuck you’ to levertv on X, who claimed it had been moved to end of October. Confirming status as troll.
Good bit of further detail, and pleasing to see Cong and co are now REALLY desperate with their futile attempts to overrule ICC and ISCID cases that are all in train
This is how I'm interpreting this. Maybe things have once again stalled with DRC ministers pocketing more Chinese flavored snacks, and AVZ are politely saying fuck around and find out. Maybe things are going 'well', however we are simply not as naive anymore and are pushing for signatures on dotted lines. The DRC only seem to respond to Chinese tactics, we can't bribe but we can strongarm with the ICSID."The ICSID Tribunal has not yet been fully constituted and AVZ remains hopeful a resolution can be achieved before further steps need to be taken in the ICSID proceedings"
I really hope the company have put a short-term deadline for DRC to put forward a resolution hence a ministerial decree for a mining license. If not, push the button hard on the way to the ICSID proceedings. Please don't give in any further excuses.
I don't know why but I find this gif reply highly amusing, always makes me laugh
I feel like that GIF is Donald Trump to every woman once he gets them alone.I don't know why but I find this gif reply highly amusing, always makes me laugh
To be honest that would be their best move. They are fighting the indefensible, cant fucking wait!!!!!Is anyone expecting Jin Chen/Zijin to be a no show in Paris ?
According to AVZ the SPA's contained a clause for arbitration outside the DRC. I've never seen the agreements but I'd say they have similar clauses to the Dathcom JVA regarding going through the ICC. Even without a specific clause in the SPA's any dispute between shareholders of Dathcom must go through the ICC anyway under Article 11 of the JVA.
The fact that Cong didn't follow these rules when trying to weasel his way out of the contracts he intended to be bound by shows that he knows that he has no chance of winning based on the facts of the case. Worth remembering AVZ's claims against Dathomir at the ICC include damages.
Time is now critical for us. The project has been delayed for years and we can't lose any more time. AVZ should just push hard along with ICSID proceedings with hearing dates so it's clear for DRC not to use any Chinese tactics to delay further. It's then in DRC's court to decide whether to issue the mining decree prior to the hearing date or not. If they do issue, it's not too late to cancel the hearing at the 12 hour.This is how I'm interpreting this. Maybe things have once again stalled with DRC ministers pocketing more Chinese flavored snacks, and AVZ are politely saying fuck around and find out. Maybe things are going 'well', however we are simply not as naive anymore and are pushing for signatures on dotted lines. The DRC only seem to respond to Chinese tactics, we can't bribe but we can strongarm with the ICSID.
ICC is good, but it very much seems the ICSID has been their kryptonite.
Excellent work BOD.
I know there are bigger legal issues at play / that are the priority, but, jeeeeeze I can't wait to see his time come....Notice how Tommy Turd has not tweeted or released an article on last night’s legal update? Normally salivates on that news. Wonder why the silence of all of a sudden? Probably because it means that his future pay packets will cease and no longer worth his time.