AVZ Discussion 2022

[Flight996]

Has shareholder fatigue fully set in?

The number of posts across all platforms has dropped off massively. No speculation, discussion or rumination rumination to be had, we're just tired..

Just waiting for the DRC to respond to AVZ's request about changes to CAMI, which show Monono Lithium (Cominiere-Zijin JV) as the lease holder (PR 15775) over the top of AVZ's PR 13359 tenement.

If confirmed, this is a clear breach of ICSID Tribunal's Procedural Order #3 dated 16 January 2024, which among other things ordered the DRC to "refrain from taking, either through its officials, bodies, emanations or companies (...) any new act likely to call into question PR13359 or which could lead to an aggravation of the present dispute or deprive the award to be made of its effect".

The DRC's response will inform AVZ's next move about getting the ICC's daily penalties actioned.

Cheers
F

 

[Winenut]

Has shareholder fatigue fully set in?

The number of posts across all platforms has dropped off massively. No speculation, discussion or rumination rumination to be had, we're just tired..

Yes I think fatigue has set in for shareholders

There is little anyone can do except wait for additional announcements from tribunals and then see any response from the DRC and Cominiere's Captain Kibeya

I also think the detractor fucking arshole wankers have pulled back on all platforms.

Those dicks know there's nothing they can fucking do to change the outcome. They're banking on corruption winning and siding with the DRC bandits fucking Cong Zijin and the MMGA/Fat Tail disgrace

They've simply resorted to ongoing personal attacks on decent bona fide shareholders who have been endlessly trying for years to rake through the awful muck and get a proper legal outcome in line with DRC mining codes and international law

Filthy fucking un-Australian lowlife fuckwits

 

[Winenut]

Hi Shane, hi Hoots, hi Michael/Peter/Ty, hi Tommy.....

 

[Remark]

Yes I think fatigue has set in for shareholders

There is little anyone can do except wait for additional announcements from tribunals and then see any response from the DRC and Cominiere's Captain Kibeya

I also think the detractor fucking arshole wankers have pulled back on all platforms.

Those dicks know there's nothing they can fucking do to change the outcome. They're banking on corruption winning and siding with the DRC bandits fucking Cong Zijin and the MMGA/Fat Tail disgrace

They've simply resorted to ongoing personal attacks on decent bona fide shareholders who have been endlessly trying for years to rake through the awful muck and get a proper legal outcome in line with DRC mining codes and international law

Filthy fucking un-Australian lowlife fuckwits

And the mantle is retained! Nice work Mr Nut

 

[robface]

Just waiting for the DRC to respond to AVZ's request about changes to CAMI, which show Monono Lithium (Cominiere-Zijin JV) as the lease holder (PR 15775) over the top of AVZ's PR 13359 tenement.

If confirmed, this is a clear breach of ICSID Tribunal's Procedural Order #3 dated 16 January 2024, which among other things ordered the DRC to "refrain from taking, either through its officials, bodies, emanations or companies (...) any new act likely to call into question PR13359 or which could lead to an aggravation of the present dispute or deprive the award to be made of its effect".

The DRC's response will inform AVZ's next move about getting the ICC's daily penalties actioned.

Cheers
F

Haven't AVZ already requested ICC fines to be paid/actioned?.

 

[Mr_Tones83]

My understanding is that AVZ asked the DRC govt to explain the changes to CAMI in breach of the ICSID's emergency orders of Nov 2023.

The DRC govt provided the following response to AVZ: To date, the defence team, under the coordination of the Ministry of Justice, is working on drafting the briefs which must be filed before the Arbitral Tribunal on July 31, 2024, at the latest late. To do this, I intend to urgently bring this team together to explore all the options exploit in the best interests of the country.

A detailed report will be sent to you.

The AVZ announcement of 5 Aug 2024, is here:

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/66b0937eae359976b9defbe1/1722848158511/20240805+Announcement+-+DRC+Government+Discussions+and+Further+Comini%C3%A8re+Breaches.pdf

AVZ has made no further announcements on this issue.

Cheers
F

The letter the MoM wrote was to the Prime Minister, not to AVZ (AVZ received a copy only). It was in relation to the DRC's counter memorial that was filed on 31st July (you can see this on the ICSID website as the latest development).

AVZ had already asked ICC to liquidate the fines (have them paid). A hearing was held on that earlier and we are waiting on ICC to make a ruling.
This ICC ruling isn't waiting on anything ICSID.

The change at CAMI to show the 15775 PR being converted to PE would be investigated by ICSID separately to the ICC fines.

 

[wombat74]

The letter the MoM wrote was to the Prime Minister, not to AVZ (AVZ received a copy only). It was in relation to the DRC's counter memorial that was filed on 31st July (you can see this on the ICSID website as the latest development).

AVZ had already asked ICC to liquidate the fines (have them paid). A hearing was held on that earlier and we are waiting on ICC to make a ruling.
This ICC ruling isn't waiting on anything ICSID.

The change at CAMI to show the 15775 PR being converted to PE would be investigated by ICSID separately to the ICC fines.

So is this still in play or not ?
"Following up on this, I bring to your particular attention that at the request of the company AVZ, the parties have agreed to settle the dispute amicably." MoM

 

[Mr_Tones83]

So is this still in play or not ?
"Following up on this, I bring to your particular attention that at the request of the company AVZ, the parties have agreed to settle the dispute amicably." MoM

Assume so, as from 27th August:
"In addition to the Company's continued pursuit of its legal strategy with a view to achieving a negotiated settlement, the Company continues to identify and explore realisation opportunities whilst ensuring any such settlement or value realisation opportunity is in the best interest of all shareholders."

As to the status of discussions... I'm not privy

 

[tonster66]

As AVZ is now unlisted do they have to hold an AGM?

 

[Mute22]

As AVZ is now unlisted do they have to hold an AGM?

I don't think we'll see one unless they have something to say.

 

[Flight996]

The letter the MoM wrote was to the Prime Minister, not to AVZ (AVZ received a copy only). It was in relation to the DRC's counter memorial that was filed on 31st July (you can see this on the ICSID website as the latest development).

AVZ had already asked ICC to liquidate the fines (have them paid). A hearing was held on that earlier and we are waiting on ICC to make a ruling.
This ICC ruling isn't waiting on anything ICSID.

The change at CAMI to show the 15775 PR being converted to PE would be investigated by ICSID separately to the ICC fines.

Yes, you are correct and thank you for the clarification.
I misread the letter. I always get confused by their convoluted and verbose intros.

Cheers
F

 

[Flight996]

I removed my post from earlier today because it was wide of the mark.
I clearly skipped school on the day they taught comprehension.

Cheers
F

 

[Carlos Danger]

As AVZ is now unlisted do they have to hold an AGM?

I don't think we'll see one unless they have something to say.

Yes. But the cone of silence will continue imo

 

[BRICK]

Hi Shane, hi Hoots, hi Michael/Peter/Ty, hi Tommy.....

View attachment 69162

 

[Xerof]

I don't think we'll see one unless they have something to say.

AFAIK, we're still a public company so will be required to hold an AGM. AFAIK, 2 directors will be required to be up for re-election, those being Rhett Brans, and one other, determined by (the short) straw poll, as all others were elected (re-elected) at the 2023 AGM, with the exception of MD, who does not stand for re-election.

Currently 7 directors - maximum number is 9

 

[Frank]

x.com

x.com

x.com

x.com

 

[Pokok]

Yes I think fatigue has set in for shareholders

There is little anyone can do except wait for additional announcements from tribunals and then see any response from the DRC and Cominiere's Captain Kibeya

I also think the detractor fucking arshole wankers have pulled back on all platforms.

Those dicks know there's nothing they can fucking do to change the outcome. They're banking on corruption winning and siding with the DRC bandits fucking Cong Zijin and the MMGA/Fat Tail disgrace

They've simply resorted to ongoing personal attacks on decent bona fide shareholders who have been endlessly trying for years to rake through the awful muck and get a proper legal outcome in line with DRC mining codes and international law

Filthy fucking un-Australian lowlife fuckwits

I love the last line

 

[Pokok]

early friday joke it's only 1027pm vodka time here sooo.
Mambo and Rasta were next to the train tracks but Mambo said to Rasta don't get too close to the tracks because if the train comes it will suck you right off ... Rasta said well come onnnnn the train

 

[BEISHA]

Ding dong the witch is dead
View attachment 69033

 

[BEISHA]

early friday joke it's only 1027pm vodka time here sooo.
Mambo and Rasta were next to the train tracks but Mambo said to Rasta don't get too close to the tracks because if the train comes it will suck you right off ... Rasta said well come onnnnn the train