MoM then reinstated 13359 in full, no split.I'm still willing to give AVZ management the benefit of the doubt that they have the goods about retaining the north or at least have a legally solid guarantee about being in a JV with the DRC government for a PR
But the mining code is pretty clear that once a waiver is submitted the area given up goes back to the state for the tender process so whatever they potentially have needs to be iron clad
The case by MMGA should bring all facts out in the open for this matter or lead to a deal for the north. Either of those outcomes would be positive for shareholders.
MoM cancelled the original decree not the waiver. There is nothing stopping that waiver being enforced again as far as I'm aware. Our entire case at the ICSID is about the survival of our acquired rights which is a PE for the south only so obviously management still legally see a split occurring as the basis of our claims.MoM then reinstated 13359 in full, no split.
Looks like CATH requirement of 10MT ore feed/yr for 30yrs can be realised with an infered upgrade to 301MT...CDE MRE out![]()
Just to confirm Carlos, the original "waiver" that we signed for to do a JV for the northern tenement, originally had the permiter higher north and didn't include the camp, the core shed and all the other infrastructure.MoM cancelled the original decree not the waiver. There is nothing stopping that waiver being enforced again as far as I'm aware. Our entire case at the ICSID is about the survival of our acquired rights which is a PE for the south only so obviously management still legally see a split occurring as the basis of our claims.
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Wasnt too far offResource from recent drill results will be around 550Mt……worlds biggest Li resource.
Anchor price has gone up accordingly
$15 …. Or FO.
Can't believe management missed the opportunity to put an updated bubble graph into the announcement!Wasnt too far off![]()
A very professional announcement and nothing like the amateurish misleading bullshit from Zijin, Cong and the MMGA stooges
There was a time some shareholders (like der geist) complained about not getting announcements. We have been getting announcements on everything since AVZ decided that being polite and respectful to the DRC wasn’t getting us anywhere and our best course of action was through ICC and ICSID arbitration.
I wonder if the latest farcical attempt at stalling by the stooges leaves a money trail back to Zijin and the CCP or Cong and Jerkoff, but whoever it leads back to will be footing the bill for this latest Supreme Court action. Blind Freddy can see all the misleading statements these MMGA stooges made in the lead up to the AGM.
And @Carlos, you’re legal attributes are greatly appreciated and provide a good balance to this forum
Thanks Bags but I'm definitely not a lawyer hahaAnd @Carlos, you’re legal attributes are greatly appreciated and provide a good balance to this forum
An upgrade announcement like that would have had whale pics coming left right and centre thick and fast once upon a time.
I miss the good ‘ol days
Just to confirm Carlos, the original "waiver" that we signed for to do a JV for the northern tenement, originally had the permiter higher north and didn't include the camp, the core shed and all the other infrastructure.
If they were so certain of holding on to that northern tenement because we "waived" it, why then did the manono Lithium JV permiter push further south to include all of the infrastructure? Would they not keep it as the original permiter, and fight that avenue if they thought we had legitamitely and legally waived the north? In moving further south on our land they've either shot themselves in the foot, OR, knowing that we still have full legal rights to the entire tenement, are trying to be sneaky fucks by pushing further south than they're entitled (as per their argument) in order to fuck with our infrastructure and play with the cores.