AVZ Discussion 2022
- Thread starter GazDix
- Start date
Is there a reason point 7 was not included in the ASX announcement as this would draw more eyeballs to this quite damning conduct and would be read more than their website IMO?
Ahh finally you want to stand up and have a crack, about time. Been putting up with your sooky posts for years!
You mean to tell me my posts have affected you for years ? You must be joking ? That is quite pathetic . Grow up .
9cardomaha
Regular
Winenut
Go AVZ!
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Carlos Danger
Top 20
Is there something in Nigel's front pocket that we should be aware about 9card?A dance contest???
Just having laff 9Card
Love your work
John25
Regular
CashKing
Regular
I can collect it all as I mow lawns guys and gals seeing some cunts don’t bother picking it up themselvesDoesn’t hurt to have a trial run
Keep up the good work everyone I’m just doing me and waiting for some kind of FUCKING END to all this bullshit but appreciate all you people putting in the effort every fuxking day…
Plus CXO has fucked me also so ahhhh
GLTAH & FUCK MMGA
NEWSECONOMY
Kiki Kienge
By Kiki Kienge
Jin Cheng Mining Company, a subsidiary of the Chinese mining giant, ZIJIN Mining, which claims to own 15% of the shares (of COMINIERE) in the Manono lithium joint venture in the province of Tanganyika in the Democratic Republic of Congo.
The purchase of this 15% of Congolese lithium was done illegally and trampled on the law of the country and joint venture agreements, according to the IGF (General Inspectorate of Finance), organ of the presidency of the republic, headed by the charismatic , Jules Alingete .
Details of the procedure, source Jusmundi:
MINERALS LIMITED.
ICC Arbitration Hearing, Jin Cheng Jurisdictional Challenge.
AVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (AVZ) provides an update on the ICC arbitration proceedings (No. 26986/SP) initiated by Jin Cheng Mining Company.
(Jin Cheng), a subsidiary of Zijin Mining Limited (Zijin), which claims to have acquired a 15% stake in Dathcom Mining SA (Dathcom) from La Congolaise d'Exploitation Minière (Cominière).
AVZ International Pty Ltd (AVZI) declared itself incompetent in this matter, on the grounds that Jin Cheng does not have the right to resort to arbitration, in particular because it is not a shareholder of Dathcom as such , because the alleged acquisition of its 15% stake from Cominière was ineffective and took place in violation of AVZl's right of pre-emption.
A hearing on AVZI's objection to jurisdiction was held on October 5 and 6, 2023 before the arbitral tribunal in Paris, the parties' lawyers will review and agree on the transcripts, and AVZ and Jing Cheng will submit briefs after the audience.
The sole arbitrator will determine a procedural timetable in the coming weeks, with the company providing an update.
As previously stated, AVZ is confident that the challenge to AVZI's jurisdiction will be successful, which will confirm that Jin Cheng has no right to initiate the ICC arbitration proceeding against AVZI based on the agreement concluded between the two parties on the grounds that he is a purported shareholder of Dathcom.
Paris ICC arbitration procedure between AVZ Int and Jing Cheng (ZIJIN) on the Congo lithium project, clarification by the Australians
October 9, 2023Kiki Kienge
By Kiki Kienge
Jin Cheng Mining Company, a subsidiary of the Chinese mining giant, ZIJIN Mining, which claims to own 15% of the shares (of COMINIERE) in the Manono lithium joint venture in the province of Tanganyika in the Democratic Republic of Congo.
The purchase of this 15% of Congolese lithium was done illegally and trampled on the law of the country and joint venture agreements, according to the IGF (General Inspectorate of Finance), organ of the presidency of the republic, headed by the charismatic , Jules Alingete .
- In addition to the pre-emption rights claimed by the Australian group AVZ MINERALS;
- the sale price judged by the IGF to be derisory given the value of lithium on the international market at the time of the sale, US$2,200,000 for 1% of the sale than the US$10,000,000 on the market;
- There is in particular an audio attributed to the former ad interim general director, Célestin Kibeya who was appointed by presidential order as now the general director of COMINIERE, who would ask a “commission agent” in the sale of the 15%, to reveal on the invoice 33,440,000 $US than the 35,500,000 $US that the Chinese of ZIJIN will actually pay, therefore a difference of 2,060,000 $US which will disappear from the coffers of the Congolese State.
Details of the procedure, source Jusmundi:
- on October 5, 2022, the sole arbitrator granted AVZI's request to bifurcate the procedure, noting that the document production phase had ended on February 22, 2023;
- on December 9, 2022, Jin Cheng submitted his statement on jurisdiction and AVZI submitted his response on jurisdiction on March 10, 2023;
- Jin Cheng will submit a rejoinder on jurisdiction on March 22, 2023; And
- the jurisdictional hearing will take place on April 19 and 20, 2023.
MINERALS LIMITED.
ICC Arbitration Hearing, Jin Cheng Jurisdictional Challenge.
AVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (AVZ) provides an update on the ICC arbitration proceedings (No. 26986/SP) initiated by Jin Cheng Mining Company.
(Jin Cheng), a subsidiary of Zijin Mining Limited (Zijin), which claims to have acquired a 15% stake in Dathcom Mining SA (Dathcom) from La Congolaise d'Exploitation Minière (Cominière).
AVZ International Pty Ltd (AVZI) declared itself incompetent in this matter, on the grounds that Jin Cheng does not have the right to resort to arbitration, in particular because it is not a shareholder of Dathcom as such , because the alleged acquisition of its 15% stake from Cominière was ineffective and took place in violation of AVZl's right of pre-emption.
A hearing on AVZI's objection to jurisdiction was held on October 5 and 6, 2023 before the arbitral tribunal in Paris, the parties' lawyers will review and agree on the transcripts, and AVZ and Jing Cheng will submit briefs after the audience.
The sole arbitrator will determine a procedural timetable in the coming weeks, with the company providing an update.
As previously stated, AVZ is confident that the challenge to AVZI's jurisdiction will be successful, which will confirm that Jin Cheng has no right to initiate the ICC arbitration proceeding against AVZI based on the agreement concluded between the two parties on the grounds that he is a purported shareholder of Dathcom.
A welcomed announcement from our great BoD. That should put the lid on our detractors.
MoneyBags1348
Top 20
Did anyone else read Kikki’s article the same way I did…. Just for a second I thought I was going to have to get reading glasses
“A hearing on AVZI's objection to jurisdiction was held on October 5 and 6, 2023 before the arbitral tribunal in Paris, the parties' lawyers will review and agree on the transcripts, from AVZ and Jing Cheng will submit bribes after the audience”
Azzler
Top 20
Good morning AVZingers!
I noticed something interesting in the recent announcement.
"AVZ notes that the Lubumbashi High Court did not have jurisdiction to determine, and did not
determine, the issue of ownership of shares in Dathcom, which will be determined by the ICC"
"...which will be determined by the ICC"
AVZ have stated that this current ICC case with Zijin to determine Juristiction will not determine the 15% ownership issue.
So like me I'm sure people have been wonder what will determine the 15% ownership issue? There had been no notice of court cases yet regarding this.
It seem's they've just told us it will be the ICC, and the case has yet to be lodged.
I'm guessing that immediately after the current ruling is handed down, and assuming it's in our favor, we instigate action at the ICC to assert Zijin has no ownership in Dathcom, while holding the juristiction ruling in our hot little hands. Or Zijin may simply concede.
One would imagine this action wouldn't take very long to resolve.
And also thank you to the AVZ board for the shoutout to us in the announcement.
We also appreciate it
"The AVZ Board appreciates the support it continues to receive from its grassroot supporter base and
remains committed to progressing the development of the Manono Lithium and Tin Project, for the
advantage of all AVZ stakeholders and believes it has made considerable progress towards this."
EDIT: It's just occured to me that they are referring to Dathomir's 15% at the ICC so I'm wrong here in regards to AVZ saying that Zijin's 15% will be determined at the ICC.
However I won't delete this because I think you could fairly deduce from all this that it's probably how it will be happening anyway.
So consider it just my ponderings.
I noticed something interesting in the recent announcement.
"AVZ notes that the Lubumbashi High Court did not have jurisdiction to determine, and did not
determine, the issue of ownership of shares in Dathcom, which will be determined by the ICC"
"...which will be determined by the ICC"
AVZ have stated that this current ICC case with Zijin to determine Juristiction will not determine the 15% ownership issue.
So like me I'm sure people have been wonder what will determine the 15% ownership issue? There had been no notice of court cases yet regarding this.
It seem's they've just told us it will be the ICC, and the case has yet to be lodged.
I'm guessing that immediately after the current ruling is handed down, and assuming it's in our favor, we instigate action at the ICC to assert Zijin has no ownership in Dathcom, while holding the juristiction ruling in our hot little hands. Or Zijin may simply concede.
One would imagine this action wouldn't take very long to resolve.
And also thank you to the AVZ board for the shoutout to us in the announcement.
We also appreciate it
"The AVZ Board appreciates the support it continues to receive from its grassroot supporter base and
remains committed to progressing the development of the Manono Lithium and Tin Project, for the
advantage of all AVZ stakeholders and believes it has made considerable progress towards this."
EDIT: It's just occured to me that they are referring to Dathomir's 15% at the ICC so I'm wrong here in regards to AVZ saying that Zijin's 15% will be determined at the ICC.
However I won't delete this because I think you could fairly deduce from all this that it's probably how it will be happening anyway.
So consider it just my ponderings.
antimatter
Regular
I think it says "Jing Cheng will submit briefs (not bribes) after the audience”?
They mean the Cominiere ICC case, which is intended to rule on whether the purported transfer of Cominiere's 15% is valid or whether we should be able to apply our right of refusal, and also to the Dathomir ICC case, which us intended to rule on the validity of the earlier transfer of Dathcom shares to AVZ. Together these should clear up Dathcom's ownership disputes.Good morning AVZingers!
I noticed something interesting in the recent announcement.
"AVZ notes that the Lubumbashi High Court did not have jurisdiction to determine, and did not
determine, the issue of ownership of shares in Dathcom, which will be determined by the ICC"
"...which will be determined by the ICC"
AVZ have stated that this current ICC case with Zijin to determine Juristiction will not determine the 15% ownership issue.
So like me I'm sure people have been wonder what will determine the 15% ownership issue? There had been no notice of court cases yet regarding this.
It seem's they've just told us it will be the ICC, and the case has yet to be lodged.
I'm guessing that immediately after the current ruling is handed down, and assuming it's in our favor, we instigate action at the ICC to assert Zijin has no ownership in Dathcom, while holding the juristiction ruling in our hot little hands. Or Zijin may simply concede.
One would imagine this action wouldn't take very long to resolve.
And also thank you to the AVZ board for the shoutout to us in the announcement.
We also appreciate it
"The AVZ Board appreciates the support it continues to receive from its grassroot supporter base and
remains committed to progressing the development of the Manono Lithium and Tin Project, for the
advantage of all AVZ stakeholders and believes it has made considerable progress towards this."
EDIT: It's just occured to me that they are referring to Dathomir's 15% at the ICC so I'm wrong here in regards to AVZ saying that Zijin's 15% will be determined at the ICC.
However I won't delete this because I think you could fairly deduce from all this that it's probably how it will be happening anyway.
So consider it just my ponderings.
MoneyBags1348
Top 20
Just my sense of humour mate, some people don’t get it…. It’s a bit like Leslie Neilson’s sense of humour
Here’s an example
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antimatter
Regular
haha....I did get it after I post the reply while driving.
Carlos Danger
Top 20
Good morning AVZingers!
I noticed something interesting in the recent announcement.
"AVZ notes that the Lubumbashi High Court did not have jurisdiction to determine, and did not
determine, the issue of ownership of shares in Dathcom, which will be determined by the ICC"
"...which will be determined by the ICC"
AVZ have stated that this current ICC case with Zijin to determine Juristiction will not determine the 15% ownership issue.
So like me I'm sure people have been wonder what will determine the 15% ownership issue? There had been no notice of court cases yet regarding this.
It seem's they've just told us it will be the ICC, and the case has yet to be lodged.
I'm guessing that immediately after the current ruling is handed down, and assuming it's in our favor, we instigate action at the ICC to assert Zijin has no ownership in Dathcom, while holding the juristiction ruling in our hot little hands. Or Zijin may simply concede.
One would imagine this action wouldn't take very long to resolve.
And also thank you to the AVZ board for the shoutout to us in the announcement.
We also appreciate it
"The AVZ Board appreciates the support it continues to receive from its grassroot supporter base and
remains committed to progressing the development of the Manono Lithium and Tin Project, for the
advantage of all AVZ stakeholders and believes it has made considerable progress towards this."
EDIT: It's just occured to me that they are referring to Dathomir's 15% at the ICC so I'm wrong here in regards to AVZ saying that Zijin's 15% will be determined at the ICC.
However I won't delete this because I think you could fairly deduce from all this that it's probably how it will be happening anyway.
So consider it just my ponderings.
The 15% that Cominiere purportedly sold to Zijin in breach of our pre-emptive right and at a price that would have robbed the DRC people of 120m USD (except that traitor CKK who would have personally benefited from rat fucking his own country) will be determined in the case brought by AVZ against Cominiere at the ICC if the jurisdictional challenge against Zijin is successful as explained in the announcement on September 27th.
The Dathomir matter will also be handled by the ICC in accordance with the Dathcom JVA and all known history of contract law
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