BRICK
Top 20
What a soft cock but thanks for the free advertising turd burger
id kind of respect him more if he just kept hammering us.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
What a soft cock but thanks for the free advertising turd burger
id kind of respect him more if he just kept hammering us.
Samus
Top 20
He basically did by referencing it as an ad and stating what the company says instead of acknowledging what actually happened.
He's like one of those slimy dog shits with a mucus membrane.
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BRICK
Top 20
NEWS!
AFR REPORTER UNABLE TO FIND PRIMARY SOURCES, RESORTS TO QUOTING ADVERTISEMENTS IN OWN PAPER.
'muy naymes tOmmie, ima joornalist'
AVZ Minerals Secures ICC Injunction Against COMINIERE in Manono Lithium Project Dispute - Copperbelt Katanga Mining
The dispute between AVZ Minerals and COMINIERE regarding the Manono lithium project in the DRC is yet to reach a final resolution.
copperbeltkatangamining.com
Remark
Top 20
Just in case nobody mentioned it earlier, fuck off Peter (and obviously Tommy the "journalist - what a piece of shit
)
Chilla
Regular
The AFR page looks like a freebie peace offering from the AFR to make up for the malicious opinion pieces made out to be journalism from the turd man, so that AVZ doesn’t sue AFR. Print it as an advertisement so that AFR doesn’t have to print an apology and face defamation actions. Turd man probably told by AFR to acknowledge the article on his X platform and he does so with minimal words. Likely won’t be hearing much from turd man in the AFR in future….wings clipped. All imo.
I hope you're right, Chilla. It doesn't sit well with me to know how poorly AFR has treated us, and the idea of spending money to advertise in their paper is unsettling.
Chilla
Regular
My view as well and that’s partly why I think it’s a freebie peace offering from AFR so AVZ don’t sue them
What's the back up if Locke decide it's not worth the risk ? Would Nigel then need to go to share holders ? Apart from progress behind the scenes share holders are not privy to , I'm trying to wrap my head around why anyone would loan $20 mil to a company in this situation . Essentially AVZ is paying Locke US$200K to decide whether Locke would like to loan AVZ $20mil, and they have until end of March 2024 to make a decision . I think the meat of the $20 mil announcement got lost in the headline . So my question is , what's AVZ's back up plan if they cannot raise the $$$$ ?
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CashKing
Regular
Fuck that We definitely should sue the AFR IMO, That cock sucking Tommy should pay for he’s bullshit “Journalism” over the last few years.
That scum bag needs to be sacked & written apology front page AFR all the shit he has spread..
Scumbags like Tbag Tommy & He’s Short mates need to get called out…
Pathetic POS calling himself a Journalist
Don’t EVER think the AFR are on our side.
GLTAH
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AXINO CAPITAL
November 15, 2023
With its legal action, AVZ Minerals wants to force the government of Congo to fully apply the country's mining law with regard to the Manono project.
AVZ Minerals Ltd. (ASX: AVZ, FSE: 3A2), through its subsidiaries AVZ International Pty Ltd (AVZI) and Green Lithium Holdings Pte Ltd (GLH), together with Dathcom Mining SA (Dathcom), has entered into international arbitration against the Democratic Republic of the Congo under its Mining Law and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention) before the International Center for the Settlement of Investment Disputes (ICSID) in Washington.
The purpose of the ICSID process is twofold. It is intended to support the Company's negotiations with the Government of the Congo and additionally provide remedies for non-compliance by government institutions, thereby encouraging the Democratic Republic of the Congo to comply with the Mining Law in relation to the exploration license PR 13359.
The ICSID tribunal has now been appointed. It consists of the chairman Jan Paulsson and the assessors Salim H. Moollan (appointed by AVZ International, GLH and Dathcom) and Mohamed Shelbaya, appointed by the Democratic Republic of Congo. At the first hearing in the ICSID process, which took place on November 6, 2023, the parties submitted statements on the planning of the process and are now awaiting the ICSID tribunal's decision on the further course of the process.
Regarding the application for interim measures, the ICSID tribunal ordered that the State file a response to the action by November 20, 2023. AVZ Internaltional, GLH and Dathcom will submit a response to this by November 27, 2023. The state will then be given until December 4, 2023 to submit a rejoinder. A two-hour virtual hearing on the matter has been scheduled for December 11.
AVZ Minerals admits that Cominière is currently an opponent of AVZ, which is clear from various activities in the recent past. However, due to its relationship with the government of the Democratic Republic of Congo, AVZ Minerals, unlike other commentators on the case, does not believe that the government as a whole is opposed to AVZ or its involvement in the Manono Project. The residents of the Manono District, as direct beneficiaries of the development of the Manono Project, along with the residents of Tanganyika Province, have also provided significant support to AVZ Minerals to date.
The signing of a binding declaration of intent proposed to AVZ Minerals's opponents therefore remains a viable option. It would provide for a suspension of the ICSID process while the Congo government takes the necessary steps to comply with the country's mining law. At this point, the ICSID procedure could be withdrawn.
November 15, 2023
The proceedings before the ICSID are starting
With its legal action, AVZ Minerals wants to force the government of Congo to fully apply the country's mining law with regard to the Manono project.
AVZ Minerals Ltd. (ASX: AVZ, FSE: 3A2), through its subsidiaries AVZ International Pty Ltd (AVZI) and Green Lithium Holdings Pte Ltd (GLH), together with Dathcom Mining SA (Dathcom), has entered into international arbitration against the Democratic Republic of the Congo under its Mining Law and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention) before the International Center for the Settlement of Investment Disputes (ICSID) in Washington.
The purpose of the ICSID process is twofold. It is intended to support the Company's negotiations with the Government of the Congo and additionally provide remedies for non-compliance by government institutions, thereby encouraging the Democratic Republic of the Congo to comply with the Mining Law in relation to the exploration license PR 13359.
The ICSID tribunal has now been appointed. It consists of the chairman Jan Paulsson and the assessors Salim H. Moollan (appointed by AVZ International, GLH and Dathcom) and Mohamed Shelbaya, appointed by the Democratic Republic of Congo. At the first hearing in the ICSID process, which took place on November 6, 2023, the parties submitted statements on the planning of the process and are now awaiting the ICSID tribunal's decision on the further course of the process.
AVZ Minerals is defending itself against arbitrary steps by the government
AVZ Minerals previously reported that since the start of the ICSID process, some government officials have been making decisions related to exploration license PR 13359 that violate the law by usurping Dathcom's lawful rights for the benefit of others. As no steps were taken to stop these developments, AVZ International, GLH and Dathcom were forced to take interim measures. They include an urgent order maintaining the status quo and an order confirming or restoring ownership of PR 13359 to Dathcom.Regarding the application for interim measures, the ICSID tribunal ordered that the State file a response to the action by November 20, 2023. AVZ Internaltional, GLH and Dathcom will submit a response to this by November 27, 2023. The state will then be given until December 4, 2023 to submit a rejoinder. A two-hour virtual hearing on the matter has been scheduled for December 11.
An early termination of the ICSID procedure is still possible
AVZ Minerals reiterates that it is simply about upholding the rule of law in the Democratic Republic of Congo. This is a necessary basis for the development of the Manono Project, including the resolution of the disputes with Cominière, Dathomir Mining Resources SARL (Dathomir) and the Zijin Mining Group. The rule of law will continue to encourage future foreign investment in the Democratic Republic of Congo, thereby promoting the interests of the Congolese people.AVZ Minerals admits that Cominière is currently an opponent of AVZ, which is clear from various activities in the recent past. However, due to its relationship with the government of the Democratic Republic of Congo, AVZ Minerals, unlike other commentators on the case, does not believe that the government as a whole is opposed to AVZ or its involvement in the Manono Project. The residents of the Manono District, as direct beneficiaries of the development of the Manono Project, along with the residents of Tanganyika Province, have also provided significant support to AVZ Minerals to date.
The signing of a binding declaration of intent proposed to AVZ Minerals's opponents therefore remains a viable option. It would provide for a suspension of the ICSID process while the Congo government takes the necessary steps to comply with the country's mining law. At this point, the ICSID procedure could be withdrawn.
9cardomaha
Regular
I'd probably say Locke might have even been a backup plan.
Enforcement of injunctive breach is higher than 20mil already. This one is basically a slamdunk, you did read the second ruling where Cominiere was asked to pay the court fees and legal fees etc. Just waiting for the tribunal to come together and we can be on our way to getting that cash - late Jan. Also measures from ICSID have a penalty attached but they move a little slower, but still lightspeed for legal cases.
All these small things are pushing the needle in our favour for the dominoes to fall, ICC win, trickled into ICSID etc. When the dominoes come crashing down, the other parties will be paying DLA's fees as seen in the injunctive relief already obtained.
Note: these aren't the final verdicts which are for full damages and remedies, these are injunctive breaches which are payable basically as soon as a verdict is rendered, these move much faster and will all occur before March 2024.
To illustrate:
- ICC Emergency injunction submitted April 18, Emergency ruling May 4.
- ICC Emergency injunction 2 (post 15775) submitted October 30, emergency ruling Nov 15.
- ICC tribunal already formed and waiting for submissions before Dec 15 - enforcement will come around January for breaches already incurred.
- Emergency measures request ICSID Nov 7, Tribunal response Nov 20 with measures and timetables, sets Dec 11 hearing - verdict likely before Christmas.
Don't go drinking the MMGA cool-aid...
9cardomaha
Regular
Very interesting timestamp...
AXINO got the earlier draft submissions, below final timetable - December 11 hasn't shifted, but the responses are different.
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