Xerof
Biding my Time 1971
Carrick gets 15 million of the fucking things. I knew he knew more than we thought he knew
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Lots of long timelines in that update that can for sure be demotivating.
But lets remember the more likely outcome is still a negotiated agreement with DRC. Keeping the court cases going is our main leverage in that respect but I think it unlikely the DRC would let it get that far given they know for sure they don't have a leg to stand on.
Our leverage is the courts.
The DRC wants a compromise, and their leverage is time - ie a solution is found sooner than it would be through the courts.
Closer we get to the court hearing, the more the DRC's leverage decreases.
June 2025 9 months away. Lets round it up to a year for an outcome from the hearing.
By that point we also have outcomes on many of the other cases too.
After putting up with ALREADY YEARS of getting screwed around by the DRC, how much time leverage do you think it would require for AVZ not to see out the court cases? I'm not a lawyer or involved with any behind the scenes discussions, but after all this can you imagine AVZ making a major compromise less the 6 months out from the massive additional leverage of having ICC cases delivered in our favour? I couldn't.
All of that is to say, we have already waited a FK%&NG LONG time.
So there needs to be a LONG time advantage to warrant a compromise that would involve ceasing legal action.
Court dates are NOT ALL THAT LONG away.
So hopefully (with a Manono-sized grain of salt) a resolution is much closer.
Comments from debos hint that there's more going on behind the scenes.
Comments from USA officals have made their involvment and position even more explicit.
Fingers crossed.
But lets remember the more likely outcome is still a negotiated agreement with DRC. Keeping the court cases going is our main leverage in that respect but I think it unlikely the DRC would let it get that far given they know for sure they don't have a leg to stand on.
Our leverage is the courts.
The DRC wants a compromise, and their leverage is time - ie a solution is found sooner than it would be through the courts.
Closer we get to the court hearing, the more the DRC's leverage decreases.
June 2025 9 months away. Lets round it up to a year for an outcome from the hearing.
By that point we also have outcomes on many of the other cases too.
After putting up with ALREADY YEARS of getting screwed around by the DRC, how much time leverage do you think it would require for AVZ not to see out the court cases? I'm not a lawyer or involved with any behind the scenes discussions, but after all this can you imagine AVZ making a major compromise less the 6 months out from the massive additional leverage of having ICC cases delivered in our favour? I couldn't.
All of that is to say, we have already waited a FK%&NG LONG time.
So there needs to be a LONG time advantage to warrant a compromise that would involve ceasing legal action.
Court dates are NOT ALL THAT LONG away.
So hopefully (with a Manono-sized grain of salt) a resolution is much closer.
Comments from debos hint that there's more going on behind the scenes.
Comments from USA officals have made their involvment and position even more explicit.
Fingers crossed.
Samus
Top 20
15 million pineappleings, they'll be ramming them up his desecrated corpse!
Todays announcement is not the one promised, remember it was over the next few weeks
.
I assumed as much, and hope that's the case!
Stockinvesting
Regular
Remark
Top 20
Schnitzelfresser
Regular
Hopefully it is not something like: "the next ministerial shuffle is on the run" or "DRC want to attract Australian investors for mining operations"
Samus
Top 20
Funny, we heard the same a few months ago and plenty of times before that too.
I'm surprised anyone would even voice this type of hearsay any more instead of simply keeping it to themselves.
DRC/China has lied, cheated and stolen from every angle. They have destroyed every promising development to date as well as stolen all of our assets, our prospects to restore the power plant, coming up to three years of our development time, the camp we built, the water, our core samples, $20 million out of the bank and the list goes on. People would do well to remember that.
Management have not even been able to secure the fabled MOU which we know from experience would mean nothing anyway.
The winky winky inside crew has been proven absolutely full of shit as they jump the gun time and again.
Other than the slow gruelling arbitrations we have absolutely zero official evidence of any remotely positive progress.
We can hope you are right but your vague assurance that people will be jumping for joy at some mysterious expected announcement 'in a few weeks' is irresponsible and frankly pretty irritating and offensive because a few weeks is a lot of time for everything to go wrong in the shit hole that is the DRC just as it always has to date.
As if you've been entrusted with some sort of privileged information even though you are clearly stupid and untrustworthy enough to go and blab it on social media. Get a life and some common sense
Same goes for all the desperadoes who can't process the actual reality of our situation.
And anybody who tells me you may have to apologise, you can fuck off because the point is that this type of self-aggrandizing posting is irresponsible and stupid in the first place. Plus anyone who likes it is also a fuckwit imo.
Carlos Danger
Top 20
I liked geo’s post hahaFunny, we heard the same a few months ago and plenty of times before that too.
I'm surprised anyone would even voice this type of hearsay any more instead of simply keeping it to themselves.
DRC/China has lied, cheated and stolen from every angle. They have destroyed every promising development to date as well as stolen all of our assets, our prospects to restore the power plant, coming up to three years of our development time, the camp we built, the water, our core samples, $20 million out of the bank and the list goes on. People would do well to remember that.
Management have not even been able to secure the fabled MOU which we know from experience would mean nothing anyway.
The winky winky inside crew has been proven absolutely full of shit as they jump the gun time and again.
Other than the slow gruelling arbitrations we have absolutely zero official evidence of any remotely positive progress.
We can hope you are right but your vague assurance that people will be jumping for joy at some mysterious expected announcement 'in a few weeks' is irresponsible and frankly pretty irritating and offensive because a few weeks is a lot of time for everything to go wrong in the shit hole that is the DRC just as it always has to date.
As if you've been entrusted with some sort of privileged information even though you are clearly stupid and untrustworthy enough to go and blab it on social media. Get a life and some common sense
Same goes for all the desperadoes who can't process the actual reality of our situation.
And anybody who tells me you may have to apologise, you can fuck off because the point is that this type of self-aggrandizing posting is irresponsible and stupid in the first place. Plus anyone who likes it is also a fuckwit imo.
He has usually been pretty spot on so let’s give him the benefit of the doubt for now
And that’s coming from someone that has stuck their neck out more than most to call bullshit on Chinese whispers and attempts to silence anyone with fair criticism of management or their messengers
Winenut
Go AVZ!
oxxa23
Regular
Do you feel big and good about yourself now?Funny, we heard the same a few months ago and plenty of times before that too.
I'm surprised anyone would even voice this type of hearsay any more instead of simply keeping it to themselves.
DRC/China has lied, cheated and stolen from every angle. They have destroyed every promising development to date as well as stolen all of our assets, our prospects to restore the power plant, coming up to three years of our development time, the camp we built, the water, our core samples, $20 million out of the bank and the list goes on. People would do well to remember that.
Management have not even been able to secure the fabled MOU which we know from experience would mean nothing anyway.
The winky winky inside crew has been proven absolutely full of shit as they jump the gun time and again.
Other than the slow gruelling arbitrations we have absolutely zero official evidence of any remotely positive progress.
We can hope you are right but your vague assurance that people will be jumping for joy at some mysterious expected announcement 'in a few weeks' is irresponsible and frankly pretty irritating and offensive because a few weeks is a lot of time for everything to go wrong in the shit hole that is the DRC just as it always has to date.
As if you've been entrusted with some sort of privileged information even though you are clearly stupid and untrustworthy enough to go and blab it on social media. Get a life and some common sense
Same goes for all the desperadoes who can't process the actual reality of our situation.
And anybody who tells me you may have to apologise, you can fuck off because the point is that this type of self-aggrandizing posting is irresponsible and stupid in the first place. Plus anyone who likes it is also a fuckwit imo.
If that sends you into a spiral you might be best giving tse, x and hc a rest for a while....
TheCount
Regular
Thanks Nigel.
Xerof
Biding my Time 1971
I can't recall seeing anything about GJ's appeal. Did he get the same courtesy as PAPALAS?
Carlos Danger
Top 20
Need for immediate arrest stopped. Dathcom’s damages bill reduced from 50m to 25m.
This is now pending appeal to the DRC Supreme Court which is on hold while the ICC does its thing
Important to remember that this was a criminal trial and appeal regarding whether the creation of the updated share certificate was valid. Even the original judge repeatedly says that this needs to go through arbitration to determine the merits. His and the appeal judge’s view is that Dathcom should have initiated the arbitration rather than proceeding with the lodging of the share transfer instruments but they are both wrong about that imo
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Mr_Tones83
Regular
How long is a piece of string!?
Award of costs will be determined on final resolution and depend on the strength of the oppositions' cases (as far as we all know extremely weak). We would likely get awarded majority of costs, but the lawyers will need to be paid along the way rather than all at the end (also subject to their ability to pay costs).
Award of costs will be determined on final resolution and depend on the strength of the oppositions' cases (as far as we all know extremely weak). We would likely get awarded majority of costs, but the lawyers will need to be paid along the way rather than all at the end (also subject to their ability to pay costs).
Cheers . Cong and Jin Cheng are not short of a quid . They can pay .
We were awarded legal costs last July I think it was, to the tune of 800k if memory serves me correct. Can’t say I’ve ever seen a cent of this come in on the books.
Even when we have a legal win and awarded costs they just ignore it. Have AVZ chased this money?
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