David Krappenschitz
Regular
Of course no probs at all
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Carlos Danger
Top 20
This is what spooked Felix about the gringos into negotiating with us. AVZ says it is in possession of evidence that shows potential improper and illegal conduct of a number of the parties involved that could lead to bribery and corruption charges. Felix personally wrote a letter to Biden literally the day before we went into suspension last year pleading for Dan Gertler's sanctions under the Magnitsky act to be dropped. Felix doesn't care about a potential damages claim that could be years away. He wants to avoid having his government officials and others close to him involved in the blatant corruption around Manono sanctioned imo
Here's a copy of the letter. Try not to laugh when he talks about how dropping the sanctions is necessary for attracting investors to the DRC.
Schnitzelfresser
Regular
I smell poop while reading this letter.
The world has gone in to a tailspin after China recently enforced export restrictions on graphite and other rare earth elements critical to the energy transition. Was always going to happen. As we know, China are responsible for at least 60% of world's lithium processing. This would increase If China were to control the output of manono. Yet, for two years AVZ have been left to fend off the Chinese on their little Aussie Pat Malone! Are the Yanks, EU, Australian government etc happy for this globally significant deposit to fall into Chinese hands and increase China's dominance of the most critical component for the global energy transition? The BOD have done an amazing job so far but the lack of urgency and recognition from world powers is quite extraordinary. The BOD deserve every cent they are entitled to and all the support we can give them because it seems nobody else gives a fuck!
BRICK
Regular
I think id been reading this last bit out of context yesterday:
"More importantly, it should be noted:
• the Company’s evidence (compiled in connection with its ICC arbitration proceedings) in relation to the potential improper and illegal conduct of a number of the parties involved, significantly restricts AVZ’s ability to entertain these proposals without exposing AVZ, and its directors and officers to potential criminal liability under Australia’s anti bribery and corruption legislation, together with other applicable international bribery and corruption laws; and
(We cant do anything illegal duh)
• the Company has already invested considerable time and money exploring the resolution of matters with the DRC Government and the other parties on the basis of a significant compromise of AVZ’s legal rights.
(We looked at some other options that would have basicially rat fucked us becase we give away all our legal rights)
Past tense, not present tense
"More importantly, it should be noted:
• the Company’s evidence (compiled in connection with its ICC arbitration proceedings) in relation to the potential improper and illegal conduct of a number of the parties involved, significantly restricts AVZ’s ability to entertain these proposals without exposing AVZ, and its directors and officers to potential criminal liability under Australia’s anti bribery and corruption legislation, together with other applicable international bribery and corruption laws; and
(We cant do anything illegal duh)
• the Company has already invested considerable time and money exploring the resolution of matters with the DRC Government and the other parties on the basis of a significant compromise of AVZ’s legal rights.
(We looked at some other options that would have basicially rat fucked us becase we give away all our legal rights)
Past tense, not present tense
Retrobyte
Hates a beer
Imminently
Too big to fail? When will the Gringos appear in our blockbuster movie? Tik Tok.
Controlling Manono, China will control critical supplies for electric vehicle (EV): Lithium, Cobalt and Graphite. The Gringos can say good-bye to winning the EV race.
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If only they could see this and act accordingly...
Spikerama
Regular
All right so, when I thought of this, I laughed my head off for about five minutes straight. Then I decided not to share it because it's not really my style and breaks a few of my core principles.
But I know a lot of you will love it. So just this once, have a go at this.
If you want a video with sound let me know.
But I know a lot of you will love it. So just this once, have a go at this.
If you want a video with sound let me know.
RHyNO
Regular
I hate being bi-polar it’s awesome, can’t help but think this could all play well into our hands. Management finding evidence of corruption of ministers through Fat Tail and being able to clearly distance the real AVZ from the fake Fat Tail, could all bode well for us as Felix wants to avoid corruption we more and more become the clean legal solution to his problems. Dream a little dream!
Cumquat Cap
Regular
Confusing about what LArs the cunt is saying, are we all more comfortable this is just a ploy to scare shareholders or are we shit scared we are being usurped? Surely with ICC and ICSID cases they won't just strip us of 13359 - yes i'm thinking emotionally I can't help it
Carlos Danger
Top 20
I've been saying all year that Cominiere signed that offer from Zijin. Looks like it's been completed. The DRC government would have faced arbitration from them too if Felix didn't give them the north. I can't think of anything else 'significant' that Nigel could have given away. Although the deal probs includes Cong being paid by the Chinese and us getting Cominiere's 15% so we are left with 66% of RD imo
I think Zijin intends to act on this while the court cases are happening. I can see them attempt to gain access to the site by the end of the week / early next. Much in the same way they have ploughed ahead with the power plant refurb.
I wonder what defences we have on site to stop this from happening. I heard how Zijin attempted to get some sort of construction vehicle on site a while back. Can the local people stop a small army of them? I think not.
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