"Importantly, AVZ notes that the commencement of the ICSID arbitration against the DRC regarding the failure to procure the exploitation permit was the catalyst for the start of the MoU negotiations. The entry into the MoU will be a significant step towards the development of the Manono Project. It will also help maintain the positive working relationships between all stakeholders".
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Carlos Danger
Top 20
But muh ArBiTrAtIoN iS MeAnInGlEsS
A good sign that the strategy has had an impact is that all our opponents are calling for the termination of the arbitration cases. Whilst its a shame it's gotten this far, this is obviously the only viable strategy remaining. Let's see what the DRC posits as the way forward towards a ML, I can't see us withdrawing these cases (particularly ICSID) without some relatively solid guarantees.
A captains call from the President is what is needed . Preferably before he potentially loses the election in a couple of months time .
Carlos Danger
Top 20
If Felix loses the election then a binding MoU will be far more valuable to us than a presidential order imo
Mr Inappropriate
Regular
If the ruling is that #FuckZijin is not part of Dathcom it has far greater meaning than “just” a jurisdictional ruling. All other actions are predicated on #FuckZijin having ownership so the jurisdictional ruling is a rug-pull of mammoth proportions. Win this and the other #FuckZijin cases die a wicked death.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.
Last edited:
Carlos Danger
Top 20
Worth noting the wording in last nights announcement regarding what the MoU will achieve. Cominiere is controlled by the DRC government so the ICC case against them will be dropped too. Leaving Cong all by himself at the ICC risking liability for delaying the project.
Felix may have some bigger fish to fry in terms of election issues such as civil unrest/violence/poverty etc. there is no doubt announcing the go ahead for one of the largest mining operations on the planet will be a rather large feather in the cap and a vote winner as election time approaches. Many thanks to the MMGA crew for being a wonderful catalyst in providing these updates and mustering the troops behind the AVZ BOD!! Job well done. We know you are reading this!
Could well mean that the compote at the Fleuve Hotel will be consisting out of watered down pineapple juice only.
Let's face it, Kong boy will have to resort to ripping people off in a different way in that case.
100 % Dazmac. MMGA own goal big time...Instant Karma for those fuckers.
ICSID has proven to be a masterstroke by our guys. Face to face with Felix invaluable.
Thanks MMGA you guys are the best
Its a comprehensive...
to MMGA / Dathomir / Zijin / Cominiere !!!
Plus, a very strong indication that ML is not that far away........whats the bet the MOU is all about CMOC, CATH, AVZ, DRC govt ?
Just gotta be a bit more patient peeps, the jigsaw puzzle is finally taking shape via formal ASX announcement.....finally.
PH and crew will be embarrassed come 23 / 11/ 23...........should they even attend.
Thats my interpretation.
imo
Winenut
Go AVZ!
Or my wife sowing my nads back on for me!!
Azzler
Top 20
"Shareholders are encouraged to carefully consider the underlying motivations of any persons or
companies that may purport to be acting in the best interests of shareholders ahead of voting at the
AGM. The Company will release further information ahead of the AGM which should also be
considered."
I wonder what other juicy dirt AVZ have on them? I guess we'll hear about it shortly
This one includes the point 7. Jens mentioned. Taking a dump right on Peter Hujich's face
companies that may purport to be acting in the best interests of shareholders ahead of voting at the
AGM. The Company will release further information ahead of the AGM which should also be
considered."
I wonder what other juicy dirt AVZ have on them? I guess we'll hear about it shortly
This one includes the point 7. Jens mentioned. Taking a dump right on Peter Hujich's face
I think we lost mine in the move, along with the other stuff we don't use like the abmaster 1000 and the pasta maker.
Just fukkum, I hope they read this, so they know my sentiment.100 % Dazmac. MMGA own goal big time...Instant Karma for those fuckers.
ICSID has proven to be a masterstroke by our guys. Face to face with Felix invaluable.
Thanks MMGA you guys are the best
If they still wish to contact me, I will let them know my feelings in not to misunderstanding way.
As far as I am concerned I hope they will not show their stupid faces at the AGM.
There is more important business on the agenda than those wankers.
I hope she put them on ice for you.
They will probably end up hanging from the rear view mirror of her Tesla as a reminder to never make investment decisions without her prior approval!I hope she put them on ice for you.
Similar threads
