AVZ Discussion 2022

[Mr_Tones83]

Good start, we need 15775 sorted too.

Given 13359 was returned to Dathcom I can't see how Manono Lithium can keep the northern area. It was sold/traded on the basis of Com owning it which just got tiger uppercutted.

Agreed. It doesn't make much sense that 13359 is returned to Dathcom, but 15575 (with a subsequently adjusted perimeter) is able to be transferred to a 'third party', especially when Cominiere is part of the JV associated with that area.

 

[Charbella]

Good start, we need 15775 sorted too.

Given 13359 was returned to Dathcom I can't see how Manono Lithium can keep the northern area. It was sold/traded on the basis of Com owning it which just got tiger uppercutted.

BRAVO!

The Company considers the unlawfulness of the transfer of PR 13359 from Dathcom to Cominiere,
which has been reversed under the Interim Orders, renders Cominiere’s relinquishment of the
northern portion of PR 13359 and the subsequent grant of PR 15775 to Manono Lithium SA to be
equally unlawful.

 

[Pokok]

Gen-X and older will get the reference... Old Australian saying/terminology for getting bashed/beaten up..
TC.

I'm 64 , I asked my 28 year old what generation I am , answer , cranky old bastard generation

 

[aanti.dumb]

Unless i'm reading it wrong, doesn't this mean it's all in effect as of right now
"
The Interim Orders are binding on all parties and take effect immediately but may be revised (or
revoked) by the ICSID tribunal in light of any comments provided by AVZI, GLH and Dathcom and the
State. The mandatory nature of the Interim Orders was reconfirmed and highlighted by the ICSID
tribunal in its decision.
"

yeah i guess so but immediately is open to interpretation / manipulation?

If this order was issued on the 16th there is still no change to the Cadastre site..

 

[BRICK]

What happens on Sunday?

Church. jesus will come for him. He has been a naughty boy

 

[Cumquat Cap]

I'm 64 , I asked my 28 year old what generation I am , answer , cranky old bastard generation

Old, pale and stale generation? - that's what I call my old man

 

[Dijon101]

That didn't age well

Like lighting a ciggy while waiting for the bus....


Hahaha

 

[Uglybob]

I'm just going to go against the people with knowledge on the subject and say we will get an announcement on Monday, andnot Friday like others are saying...

Why??? No idea. Just used to delays and shit taking longer than expected

 

[Carlos Danger]

 

[Bray]

yeah i guess so but immediately is open to interpretation / manipulation?

If this order was issued on the 16th there is still no change to the Cadastre site.. View attachment 54542

Agree with you there - open to interpretation.

But now the official announcement has been released i'd honestly expect a week before any changes happen on CAMI because they run on their own time (or it wont happen at all cause DRC)

 

[cruiser51]

yeah i guess so but immediately is open to interpretation / manipulation?

If this order was issued on the 16th there is still no change to the Cadastre site.. View attachment 54542

Whilst the Interim Orders require the State to take the necessary steps to record Dathcom as the holder of PR 13359, the Interim Orders do not operate to unwind Cominiere’s relinquishment of the northern portion of PR 13359 in October 2023 or the immediately subsequent grant of PR 15775 to Manono Lithium SA.
The ICSID tribunal declined to deal with title to the northern area on an interim basis because doing so could affect the interests of a third party to the proceedings (ie Manono Lithium SA), which will be dealt with on a final basis as part of the broader ICSID proceedings.

 

[Azzler]

Well we are moving in the right direction, and it's nice to feel we have gained ground for once.

But I don't think we got everything we wanted and it's puzzling as to why we didn't.

"The Company considers the unlawfulness of the transfer of PR 13359 from Dathcom to Cominiere,
which has been reversed under the Interim Orders, renders Cominiere’s relinquishment of the
northern portion of PR 13359 and the subsequent grant of PR 15775 to Manono Lithium SA to be
equally unlawful."

Here AVZ are saying they believe the 15775 was unlawful, but the tribunal didn't make any orders reversing that.
Which is of course the puzzling part if 13359 is owned by Dathcom (Tribunal interim enforced), how could some other cunts sell off part of something that's ours? You'd think this would follow naturally.

It looks like we gained strength but were left hanging.

There's always other sides and hidden sides to proceedings, in the interest of moving forward, perhaps this was the best outcome, maybe our BoD silently conceded to this, so they could still appear defiant to shareholders. These are just my musings of course.

IF the DRC actually abide and call 13359 belonging to Dathcom, and
IF the DRC grant Dathcom it's mining licence to only that southern portion...
Then hoo fucking raa! We hold an extremerly massively valuable asset still, and we'll be trading again and that's a win.

 

[Strongman]

Good start, we need 15775 sorted too.

Given 13359 was returned to Dathcom I can't see how Manono Lithium can keep the northern area. It was sold/traded on the basis of Com owning it which just got tiger uppercutted.

Yeah i think that the reason why 15775 has not been returned was merely a technical issue ie The third party ( Manono Lithium SA aka Zijin ) was not part of the Interim measure scope. The fact that 13359 has been returned to us automatically makes the creation and transfer of 15775 to Manono lithium SA illegal and will be delt with under our origial ICSID pending cases.
The interim measures are effective immediately and remain until the outcome of the original pending ICSID case

 

[Azzler]

Hey is anyone brave enough to post to Cominierie on twitter, "How does it feel to get fucked in the ass by the ISCID on the world stage?"

 

[wombat74]

 

[TheCount]

Don't know what's better - watching cominiere roast in the coming days or Hazelwood at Adelaide Oval! 4 wickets, 2 runs, 5 overs.....
TC.

 

[TheCount]

Hey is anyone brave enough to post to Cominierie on twitter, "How does it feel to get fucked in the ass by the ISCID on the world stage?"

Have done that - await a response..

 

[Pokok]

Old, pale and stale generation? - that's what I call my old man

Your grounded Sunday

 

[Xerof]

Yeah i think that the reason why 15775 has not been returned was merely a technical issue ie The third party ( Manono Lithium SA aka Zijin ) was not part of the Interim measure scope. The fact that 13359 has been returned to us automatically makes the creation and transfer of 15775 to Manono lithium SA illegal and will be delt with under our origial ICSID pending cases.
The interim measures are effective immediately and remain until the outcome of the original pending ICSID case

Dead right, and they're royally fucked in the fullness of time

 

[Dazmac66]

So Cominiere sells part of 15775 to Zijin (and becomes Manono lithium), ICSID says AVZ owns the lot so this becomes a dispute between Cominiere and Zijin! Nothing to do with AVZ and beyond the scope of the current proceedings. Am I reading this correctly?