AVZ Discussion 2022

[Carlos Danger]

doesn't fill me with confidence this media release....
I guess it show's we're getting closer to resolution but it's hard to be enthusiatic when you've got lines like this
View attachment 47809

Me thinks a deal has been reluctantly struck by Nigel

 

[cruiser51]

When Nut ups the pressure on the board .....they deliver...

Grab um by the nuts

 

[Mr Inappropriate]

I guess it show's we're getting closer to resolution but it's hard to be enthusiatic when you've got lines like this
View attachment 47809

That caught my eye too. It could be as simple as AVZ agreeing NOT to pursue financial remedies for administrative malfeasance as stipulated by law or JV agreement.
I think we just let this go and see what it looks like when announced.

 

[Scoota30]

So AVZ are saying that not only is this MMGA utter crap, in fact they are hurting us on the ground and delaying progress.
Honestly, the 3 stooges can fuck right off. Does someone nominating for BoD have to be present an a AGM? I might just have to make the trip over

I don't think these fucktards ever had intent of showing up at the AGM, as they know they won't get voted in. The whole game plan is to undermine our current in country efforts and delay the finalization of the MoU and that sounds like exactly what they've done.

If there's ever a time for Australian law and order to do what it's designed for, it's now to hold these stooges accountable. Completely Unaustralian and you have to wonder what the board and shareholders of the other ASX companies they are all involved in think about their actions.

 

[BRICK]

That caught my eye too. It could be as simple as AVZ agreeing NOT to pursue financial remedies for administrative malfeasance as stipulated by law or JV agreement.
I think we just let this go and see what it looks like when announced.

Compromise of legal rights but not compromise of mining rights?

 

[Hudnut]

Compromise of legal rights but not compromise of mining rights?

That could be anything, from giving up part of a tenement, paying a bit extra, increase of DRC ownership, to not claiming damages due to delay.

One thing is for sure. The MMGA kunts have offered more a chucked a spanner in the works.

I'd be surprised if the DRC doesn't wait until at least the AGM to see if they get in now before agreeing to anything.

 

[Carlos Danger]

That caught my eye too. It could be as simple as AVZ agreeing NOT to pursue financial remedies for administrative malfeasance as stipulated by law or JV agreement.
I think we just let this go and see what it looks like when announced.

Compromise of legal rights but not compromise of mining rights?

That could be anything, from giving up part of a tenement, paying a bit extra, increase of DRC ownership, to not claiming damages due to delay.

One thing is for sure. The MMGA kunts have offered more a chucked a spanner in the works.

I'd be surprised if the DRC doesn't wait until at least the AGM to see if they get in now before agreeing to anything.

Key word significant imo

 

[BRICK]

Key word significant imo

Significant =

 

[Mr Inappropriate]

Compromise of legal rights but not compromise of mining rights?

Fair question - it could be mining rights or legal remedies we’ve compromised on.

 

[BRICK]

Fair question - it could be mining rights or legal remedies we’ve compromised on.

Be interesting to see what that means…

Imminently

 

[Cumquat Cap]

Did anyone notice the original plan as a MoU for settlement - does anyone read that like it was to be a TO?

 

[Misfits]

Did anyone notice the original plan as a MoU for settlement - does anyone read that like it was to be a TO?

Bloody hope so!

 

[Misfits]

Someone else thats had enough.

 

[Largus Averta]

"A significant compromise on our legal rights" Could be as simple as dropping all litigation against the DRC

 

[Carlos Danger]

Fair question - it could be mining rights or legal remedies we’ve compromised on.

Be interesting to see what that means…

Imminently

Did anyone notice the original plan as a MoU for settlement - does anyone read that like it was to be a TO?

Announcement says the bod were restricted in selling the north to Zijin. Lucky Cominiere are doing it instead. The answer is Manono Lithium imo

 

[Carlos Danger]

"A significant compromise on our legal rights" Could be as simple as dropping all litigation against the DRC

The ICSID case is literally about them not giving us the licence. It goes without saying that we would drop that claim if given the ML. It has to be something else significant.

 

[antimatter]

The ring leader is #Zj. They must have anticipated ICC is doom for them, so they creat Fat Tail to string us out further as evident in the below paragraph. We need to cut off the snake head.

"It is unfortunate that the Fat Tail Nominees have, without securing the mandate of the Shareholders at the AGM, already engaged with persons whose interests are adverse to the interests of Shareholders. This is further evidenced by their recent expedition to Kinshasa, to revisit proposals that are not possible of being implemented and which have already been explored and rejected, and consequently, have undermined the Company’s current efforts in-country and delayed finalisation of the MOU."

 

[Hudnut]

Dropping litigation could also drop compensation claims.

 

[Charbella]

PDF here

Did anyone notice the original plan as a MoU for settlement - does anyone read that like it was to be a TO?

settlement - an official agreement that finishes an argument

 

[Largus Averta]

The ICSID case is literally about them not giving us the licence. It goes without saying that we would drop that claim if given the ML. It has to be something else significant.

They would also want reassurances against further attempts to extract compensation for the delays and other illegal shit that went on.
My thoughts are we'll have include certain shit stains that aren't in government either.