Settlement before the hammer comes down ?
AVZ Discussion 2022
- Thread starter GazDix
- Start date
We know Zijin are drilling the crap out of the north. What if they know they going to lose it through the courts but want to know what the grounds really hold for negotiations? Would actually benefit us as we know it’s resource rich ( maybe some mica thrown in though hey Nige… )I was thinking about this last night. There's not enough information right now but what if, given ICSID procedures take quite a long time, that we had arranged/requested an mediated arbitration to discuss a way to an amicable resolution, but just to get it in the calendar to occur after the emergency orders are posted?
So, if this request doesn't impact the emergency ruling then this could be a masterstroke: get the emergency orders in and approved to fire a shot across the bow of the DRC, highlighting what could be expected to follow should this case proceed to award, and then follow that up with a sit-down sometime early in the New Year to find a mutually acceptable outcome. The old carrot-and-stick perhaps. NF has always said this is about pressuring a resolution, so maybe they think now is the time.
Of course that raises the question of why not just wait for the request until after the emergency orders are approved, so this could be all wrong, and the requested arbitration claim isnt even confirmed yet, but just some food for thought. Could be a very positive development if true, and AVZ had received some indication that a discussion could deliver a favorable result.
More wishful thinking than anything else but sitting on cruise in NZ gives one plenty of time to drink and think.
With all the shenanigans last 19 months, bit sceptical about this out of the blue meeting before ICSID injunction announced. Wouldn’t be surprised if it’s the DRC just wanting to buy more time so it doesn’t shed any bad light on Felix or new President so close after elections.
Settlement of US$10 per share (after DRC tax) and I will not object.Settlement before the hammer comes down ?
Winenut
Go AVZ!
$12...$12...$12....Settlement of US$10 per share (after DRC tax) and I will not object.
US????$12...$12...$12....
Winenut
Go AVZ!
My pension and super is paid in Euros there is a substantial difference.....ffs$12...$12...$12....
, I hope you don't want us to be paid in DRC FrancsI want to be paid fair value, a new experience for DRC and Zijin, they are trying to fuck us over big time....Wouldn't that be nice...
Why feel sorry for the low lives?
Winenut
Go AVZ!
Retrobyte
Hates a beer
or Yuan
Cumquat Cap
Regular
Wonder if avz recorded the meeting as evidence that all was above board and Fattail given ample opportunity to plead their case?
Surely nothing in this at all given how professional our team have acted
Surely nothing in this at all given how professional our team have acted
TheCount
Regular
mmga =
This isn't about the AGM per se, but about Fat Tail's wider claim that AVZ deceived shareholders about the saga over the voluntary relinquishment of the northern tenement area. It also likely looks intended to prop up Zijin/Cominiere's claim that this relinquishment was done without approval of the JV partners, in order to benefit NF through his connections with AJN, and thus was another reason that the dissolution of Dathcom should be legitimized.
Seems to be another effort to disrupt and undermine AVZ and it's management and ultimately hinder our prospects towards a favorable outcome, with the obvious aim of benefiting our opponents. Fat Tail at least could argue previously that they intended to gain board representation in order to steer the ship towards a settlement, however with this court action they have really shown their true colors and whose interests they are supporting.
Xerof
Have a Cigar 1975
Not related to the meeting result, looks more like Z's focus on Northern....
No need for guesses on who's funding it of course
Not pure vengeance, a pure legal strategy of shitfuckery in line with all previous efforts by Zijin and their DRC lackies to hamstring AVZ. It's so clearly backed by those trying to steal the project that I wonder how they could claim with a straight face that this isn't directed by our enemies. Wonder what they've been promised??
Not only does it tie our hands with more time consuming legal dramas, it gives Zijin/C another line of ammunition to present to DRC to undermine our negotiating position and state again why AVZ cant be trusted, and that it doesnt matter anyway as this means Dathcom can be dissolved and us fobbed off (as i heard this is an argument they put forward along with the financial issue and others as backing for that play) It also allows them to say again that the current leadership could be on the way out, as was the case prior to the AGM, and that they just need to hold the line...Whilst they continue to solidify their ground-level control over the tenement by pressing ahead with drilling, and obstruct our prospect of any other resolution. Dogs.
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