AVZ Discussion 2022

[Hudnut]

"However, as previously advised, the Company will continue to pursue its claims against the DRC
Government and hold La Congolaise d’Exploitation Minière (Cominière), Dathomir
Mining Resources SARLU (Dathomir) and Zijin Mining Limited (Zijin) to account until
such time as a settlement is formally agreed."

I reckon that should be "until such time as a settlement is formally received".

 

[Hudnut]

It's an anonymous forum, there is no 'we'.

If you'd heard the way Chinese speak about Westerners like I have, you'd understand they are unironically one of the most hateful, jealous and racist people on earth.

Ok then. I like to think I'm better than that.
When I was little, my Mum said it's not ok to be a racist prick just because little Johnny is also a racist prick. That doesn't make it ok.

 

[Mr_Tones83]

The entire problem in one sentence

From preliminary observations, it appears that the AVZ's claims, as formulated in the said project, are disadvantageous for the Republic where the defence team has recommended the continuation of the arbitration as long as AVZ does not diminish its ambitions.

The entire problem comes back to three words 'greed and corruption'.

Of course a first proposal for an MOU will be aggressive as it’s the starting point of negotiations and there has to be room to move in the other direction.

Detractors have made it clear that they aren't letting up at ICC even when faced with interim orders against them, while the DRC govt hasn't budged and has actually moved further against ICSID interim orders. Why would AVZ give up any leverage at this point?

 

[Thaz]

It's an anonymous forum

Not unless you're SNORTH89.

 

[Bray]

FFS. Really? I'd hoped we were better than this.

hes also asian too so just like aussies calling each other dickheads

 

[Winenut]

Dow Futures look well and truly fucked again......get ready for more pain on the market tomorrow me thinks

 

[Dazmac66]

Dow Futures look well and truly fucked again......get ready for more pain on the market tomorrow me thinks

Japan absolutely smashed! The next crash puts us closer to the next boom!!

 

[Scoota30]

The entire problem comes back to three words 'greed and corruption'.

Of course a first proposal for an MOU will be aggressive as it’s the starting point of negotiations and there has to be room to move in the other direction.

Detractors have made it clear that they aren't letting up at ICC even when faced with interim orders against them, while the DRC govt hasn't budged and has actually moved further against ICSID interim orders. Why would AVZ give up any leverage at this point?

Really wonder what the DRC's endgame is (if they even have a plan that far ahead - might be incapable of it). Everything they continue to keep doing only increases our leverage at the negotiation table, it's almost like they actually think they'll come out the end of this as a winner, maybe they are fully convinced from Chinese whispers that we will go bankrupt and they won't have to deal with us? It sounds like they have a committee to look at the potential risks of losing the entire case....

@Carlos Danger do you know if by them continually disregarding interim orders, will this further increase the final damages claim - or because they're mounting a defence for their decisions to ignore interim orders (even after being told a second time) does that mean they can get away with the stalling without any further repercussions?

 

[Hodlandwin69]

The "experts" must have been paid for by china

 

[Mr_Tones83]

Really wonder what the DRC's endgame is (if they even have a plan that far ahead - might be incapable of it). Everything they continue to keep doing only increases our leverage at the negotiation table, it's almost like they actually think they'll come out the end of this as a winner, maybe they are fully convinced from Chinese whispers that we will go bankrupt and they won't have to deal with us? It sounds like they have a committee to look at the potential risks of losing the entire case....

@Carlos Danger do you know if by them continually disregarding interim orders, will this further increase the final damages claim - or because they're mounting a defence for their decisions to ignore interim orders (even after being told a second time) does that mean they can get away with the stalling without any further repercussions?

In my view AVZ coming out with this now means that they're even more confident of our position after seeing Cominiere and DRC's statements of defence.

Failure to comply with interim orders would certainly play into the final outcome of ICSID and ICC. They have already been reminded that there is no defence or negotiation when it comes to the orders made so far, they are what they are. I'm not sure what the tribunals would do in the case that they are continually ignored on interim orders prior to final orders though.

 

[Hodlandwin69]

People give the board shit, but their legal chess game has been a masterclass..... Despite DRC and Chinese companies not adhering to the orders

 

[Scoota30]

In my view AVZ coming out with this now means that they're even more confident of our position after seeing Cominiere and DRC's statements of defence.

Interesting

 

[Retrobyte]

Really wonder what the DRC's endgame is (if they even have a plan that far ahead - might be incapable of it). Everything they continue to keep doing only increases our leverage at the negotiation table, it's almost like they actually think they'll come out the end of this as a winner, maybe they are fully convinced from Chinese whispers that we will go bankrupt and they won't have to deal with us? It sounds like they have a committee to look at the potential risks of losing the entire case....

@Carlos Danger do you know if by them continually disregarding interim orders, will this further increase the final damages claim - or because they're mounting a defence for their decisions to ignore interim orders (even after being told a second time) does that mean they can get away with the stalling without any further repercussions?

Short term pocket stuffing, retire in Belgium. Solid, proven strategy for these cunts

 

[Retrobyte]

People give the board shit, but their legal chess game has been a masterclass..... Despite DRC and Chinese companies not adhering to the orders

This mob are whinging because they complain there's been no comms, and yet they are still whinging after 4 announcements in a week. Tough audience

 

[Bin59]

Great response to the announcement / Temple on HC by Amovatio

Amovatio
143 Posts.
1370
05/08/24. 21:22
Post #: 75081772

You called for the announcements and more detail so you could understand the complexity of the disputes AVZ finds itself in, now show some common decency, read them and get behind our Leadership team and its lawyers. We are going to be successful in our Legal challenges and the DRC will have to pay massive penalties for the wrong doings which have been allowed to take place.

You Temple7 continue to beat up our management team for the work they are doing each day to fight the battle on behalf of shareholders and our sophisticated investors. Take time to understand the complexity of the issues before the Courts and In the DRC and what has been allowed to happen to steal the interests of this project from underneath our eyes and the corruption that has gone on in an attempt to conceal their actions.

The tone of your posts is clear that you are a strong supporter of the Chinese lead MMGA and Fat Tail group with the sole intent to bring down the team. That's not going to happen because AVZ's success will be a direct reflection of our commitment, preparation and thoroughness, to flush out what has happened and who is responsible and to see the Project reinstated to AVZ through the proper channels. Yeh, this is going to take time if the DRC want to push this all the way but in the end they are going to pay a massive price for their unjust and corrupt practices whether they like it or not.
Attaching yourself to this bunch of expelled losers reflects the ungrateful degenerate you are. On ignore you go with the rest.

The DRC may not want AVZ to advance this project so lets see how quickly the ICSID & ICC rulings can change the focus of the DRC and force them back to the negotiation table to work out an amicable deal. The DRC have reviewed our DFS and know the enormity of the Project. Either partner with us through an MOU or Pay AVZ out for all the exploration work our Team has done to prove this resource. You can take back control, but first Pay AVZ and its shareholders a Fair price for showing you where the resources are and what you can expect to benefit over the life of the mine.

$3 PER SHARE is a small price to pay IMO. Then DRC, you can engage the International community to reap the enormous free trade benefits and infrastructure investment to advance your economy.

From todays announcements it is clear The DRC can end the litigation before the end of the year and ensure no more money is wasted on unnecessary legal costs and arbitration. If this has to happen AVZ will find a financial partner or partners to see this through to completion. That is a guarantee.

So Mr President Stop justifying your governments actions and those of your Ministers to International Courts. AVZ will persist with whatever action is necessary to bring about a good outcome for our Shareholders. The world is witness to what has happened here and the part played by the Chinese.
End the bribes and Stop the Corrupt dealings which are bringing adverse publicity on your Country. The International community is watching every step as this this saga continues and the hopes of the people are contingent on your actions to ensure the economic benefits for your economy are realised.
Pay out AVZ and take back control so we can all move forward before the end of the year.

Stand together true AVZ shareholders and keep pushing the positive path to get an equitable settlement.

 

[Dijon101]

Thats a bit of a read.

Anyway

Bit of education needed. With all the ICSID and ICC orders, if (when) they find in AVZ's favor. Will the DRC be able to sell the lithium if they choose to continue to ignore all the ICSID and ICC orders?

That is even if the DRC wanted to sell the lithium would they be able to ship or transport it out of the country?
i.e the countries surrounding Manono are all signitures with the ICSID (or is it world bank?), would they block the transport of the lithium?

If you get the gist of what im trying to understand.
I can remember reading something about this ages ago?

 

[CashKing]

People give the board shit, but their legal chess game has been a masterclass..... Despite DRC and Chinese companies not adhering to the orders

Yeah but what happens after that ? We all get paid out $2 a share and bugger off ?

What a nightmare trying to mine this

What should have been simple if grubby hands were grease has become Hard enough just to get to this stage playing via the code.

Ahhh Keep up the good fight AVZ as we have come this far but Fuxk me what a headache the DRC is..

 

[djhome]

 

[David Krappenschitz]

Really wonder what the DRC's endgame is (if they even have a plan that far ahead - might be incapable of it). Everything they continue to keep doing only increases our leverage at the negotiation table, it's almost like they actually think they'll come out the end of this as a winner, maybe they are fully convinced from Chinese whispers that we will go bankrupt and they won't have to deal with us? It sounds like they have a committee to look at the potential risks of losing the entire case....

@Carlos Danger do you know if by them continually disregarding interim orders, will this further increase the final damages claim - or because they're mounting a defence for their decisions to ignore interim orders (even after being told a second time) does that mean they can get away with the stalling without any further repercussions?

Endgame imo is planning on/making AVZ run out of money so this all goes away quietly, they take their bribes, AVZ gone, and China and corrupt DRC officials are happy, and they don't face the full level of global scrutiny and exposure for their corrupt thievery that they will if the arbitration cases go all the way. DRC has the same lawyers as Zijin apparently? No doubt doing the bidding of CCP and corrupt DRC officials.
This is why they cried foul at criticism from AVZ shareholders on social media. They don't want the exposure of their actions, so they deflect and make out that it's AVZ that's the problem and not them. With this announcement you see AVZ now showing more information and exposing the DRC's non-compliance and corruption. DRC wanted the details of engagements with AVZ all kept private so their actions won't be exposed imo, and AVZ was obliging thinking that they'd get a deal done soon. AVZ now publishing more info says (potentially) gloves are off and we'll expose your corruption if you choose to not comply with ICSID rulings and settle this amicably.
All IMO

Fully backing the board. This corruption from the DRC has been utterly fucking disgraceful. If they want to back the utter sociopathic scum that is Cominiere and Zijin at the expense their own people and an improved business climate that they've been parading around for the last several years then expose them to the world.
The Manono Project is the work of AVZ/Dathcom. Period. You can't just fucking let it be stolen and expect no consequences, DRC.
Time to get a deal done, settle amicably as AVZ/Dathcom wish to.

GLTAH

 

[Charbella]

Endgame imo is planning on/making AVZ run out of money so this all goes away quietly, they take their bribes, AVZ gone, and China and corrupt DRC officials are happy, and they don't face the full level of global scrutiny and exposure for their corrupt thievery that they will if the arbitration cases go all the way. DRC has the same lawyers as Zijin apparently? No doubt doing the bidding of CCP and corrupt DRC officials.
This is why they cried foul at criticism from AVZ shareholders on social media. They don't want the exposure of their actions, so they deflect and make out that it's AVZ that's the problem and not them. With this announcement you see AVZ now showing more information and exposing the DRC's non-compliance and corruption. DRC wanted the details of engagements with AVZ all kept private so their actions won't be exposed imo, and AVZ was obliging thinking that they'd get a deal done soon. AVZ now publishing more info says (potentially) gloves are off and we'll expose your corruption if you choose to not comply with ICSID rulings and settle this amicably.
All IMO

Fully backing the board. This corruption from the DRC has been utterly fucking disgraceful. If they want to back the utter sociopathic scum that is Cominiere and Zijin at the expense their own people and an improved business climate that they've been parading around for the last several years then expose them to the world.
The Manono Project is the work of AVZ/Dathcom. Period. You can't just fucking let it be stolen and expect no consequences, DRC.
Time to get a deal done, settle amicably as AVZ/Dathcom wish to.

GLTAH

Well said, this is one of the best posts on TSE in a long time. Time to show your hands!