AVZ Discussion 2022

[Cumquat Cap]

Haha what? Nigel’s been good actually and put up with a lot of shit especially when in country. Him and Ben definitely have my respect I’ve heard a few things.

Rest of them can probably move on they’ve got plenty of shares and will be rewarded if we are

 

[Cumquat Cap]

Except Jan who managed to sell all his shares before the halt…..

 

[Jazz]

Haha what? Nigel’s been good actually and put up with a lot of shit especially when in country. Him and Ben definitely have my respect I’ve heard a few things.

Rest of them can probably move on they’ve got plenty of shares and will be rewarded if we are

Fair enough, just thought it was a bit much to say it was time to execute Nigel.

 

[Samus]

WTF have these new board members been up to since we voted them in I wonder?
Or any of the BOD for that matter...

Do they still have to disclose to us in some way? Those rare scraps that we sometimes get like a pack of filthy downtrodden beggars.

 

[Cumquat Cap]

WTF have these new board members been up to since we voted them in I wonder?
Or any of the BOD for that matter...

Do they still have to disclose to us in some way? Those rare scraps that we sometimes get like a pack of filthy downtrodden beggars.

Here here

 

[Carlos Danger]

"operating as a listed entity gives rise to inherent complications for the Company as it seeks to advance its strategy for the resolution of the key disputes and the advancement of the development of the Manono Project."

"AVZ will continue to seek value realisation opportunities for shareholders, including through the resolution of the prevailing disputes and development of the Manono Project, admission to a recognised stock exchange and/or partial or complete disposal of one or more assets."

 

[Carlos Danger]

My perspective is and this is only my opinion is that they have made the correct decision to de-list

Agreed

 

[Scoota30]

View attachment 61916

 

[CHB]

I'm going to be out looking for a place to rent in a few months. Jeez the cash would have been nice.

 

[Miljew91]

How I read it is we have the funding to continue the fight to end up selling.

 

[Cumquat Cap]

I think the wording general working cap funding plus lit funding is interesting, bread crumbs as usual though they should fully inform shareholders

 

[TLH]

Have AVZ been delisted on the U.S and German exchanges also? not sure how this works....
Tough day we knew was coming....disappointing the Loche finance hasn't yet been finalised as this would have softened the blow.
Still plenty of positive comments out there so I will digest things tonight.
The biggest disappointment for me is the lack of national and international support plus the fact that the international court system is useless if there is no way of enforcing penalties.
Hold on AVZ investors as no doubt this fight has a long way to go!

 

[Carlos Danger]

Have AVZ been delisted on the U.S and German exchanges also? not sure how this works....
Tough day we knew was coming....disappointing the Loche finance hasn't yet been finalised as this would have softened the blow.
Still plenty of positive comments out there so I will digest things tonight.
The biggest disappointment for me is the lack of national and international support plus the fact that the international court system is useless if there is no way of enforcing penalties.
Hold on AVZ investors as no doubt this fight has a long way to go!

USA was over the counter (OTC) so not technically a listed entity there but from memory the brokers were buying through Frankfurt. Not sure about Frankfurt itself. Could be different listing rules or may mirror ASX as the primary exchange.

 

[Remark]

Good to see that some posters here have survived with their sense of humours intact. Death by a thousand cunts IMO

 

[Frank]

Tshisekedi-Macron face-to-face this Tuesday at the Elysée

The President of the Republic, Félix Tshisekedi, began a two-day official visit to France yesterday, Monday, April 29, with a view to strengthening relations between the two countries.

Several subjects will be discussed during his visit, notably the conflict situation in the east of the Democratic Republic of Congo and cooperation issues between the two nations.

Upon his arrival in the French capital in the morning, the Congolese Head of State was warmly welcomed by several political figures.

Military honors were paid to him in the courtyard of the Invalides, thus testifying to the respect and esteem accorded to the Democratic Republic of Congo.

The highlight of this visit will be the meeting between Félix Tshisekedi and Emmanuel Macron, scheduled for tomorrow at the Elysée.

The stakes of this face-to-face are both diplomatic and economic.

On the diplomatic front, resolving the crisis in the Great Lakes region will also be an item on the agenda, given France's role as a permanent member of the United Nations Security Council, which could propose resolutions relating to the situation in the east of the country.

Furthermore, President Tshisekedi will also have a meeting planned with French employers, the Movement of Companies of France (MEDEF).

This meeting will explore possibilities for strengthening economic and commercial partnerships between Congolese and French companies, thus promoting the growth and prosperity of both nations.

A DRC-France business forum will be organized in Bercy, headquarters of the French Ministry of the Economy, in the presence of President Tshisekedi.

This event aims to strengthen economic relations between the two countries.

Investment opportunities in the strategic minerals, energy and infrastructure sectors in the DRC will be presented on occasion to French investors.

Another important aspect of this visit is the question of development aid.

Budget agreements of around 500 million euros will be discussed, involving the French Development Agency.

This aid aims to support the economic development of the DRC.

mediacongo

 

[Frank]

 

[Roon]

Tommy,

Need I remind you that we still have the ICSID and ICC to play out - I am quietly confident.

Lets see how the shorters go - poor things it must be hurting.

Regards,

SilentOne

Although the announcement begs the question that if the DRC are currently ignoring both ICSID and ICC rulings, then what's the expectation that this will change upon final award should we unfortunately need to get that far?

 

[BRICK]

Good to see that some posters here have survived with their sense of humours intact. Death by a thousand cunts IMO

Or… Death by a thousand cunts….

 

[Remark]

Ummm

 

[Roon]

The ICC and ICSD work closely with the World Bank and other organisations whom give billions of dollars worth of aid to the DRC each year. Should it be needed we can get compensation from that. But I don’t think that is the goal. Instead using ICC and ICSD to motivate the DRC to do what they are bound to do by DRC LAW! Instead of ridding them of the aid that the people of the DRC so direly needs.

Compensation made to AVZ through diverting billions of dollars of World Bank funds earmarked for DRC? Dream on. We could however hope for pressure to be placed on DRC by the World Bank to come to terms.

Though they've not seemed that fazed so far given that a big tranche of WB funds is already being withheld from DRC and yet the authorities are still deciding to ignore the ICSID rulings. And it's not just because they don't have a government in place.

I do agree that this kind of pressure from their international donors may be our best (or only) option in the end to get the folks around a table. But saying oh we'll just get compensation out of donor funds "should it be needed" shows a misunderstanding of how that kind of tied aid works.