AVZ Discussion 2022

[tolate]

You need to update yourself tolate . The DRC Government made a statement recently .They want all matters between the DRC Government and AVZ Minerals concerning the Manono Project to be sorted out via the International Courts/ The ICSID final Verdict . AVZ Minerals and it's Share Holder's fully support the DRC Governments wishes to resolve these matters via International Arbitration in the absence of a Negotiated Outcome .

This was discussed at the last AGM I just updated myself...sorry i haven't shared it with others
12/ Chance of favourable relations with DRC

Question 7 – What are the chances of favourable relations with DRC / positive outcome with DRC now that we have leverage of USD 15 million funding too

Nigel – Only key players in DRC have final say.
Some key players have been misled and told that AVZ is going to roll over which has not happened.
Now we have funding
There is hearsay that President has another problem – If they support us, then China/Jincheng could take out arbitration against DRC, as they have done with some other country
Southern portion 95% of value
President needs to come to table

 

[Doc]

 

[Carlos Danger]

You need to update yourself tolate . The DRC Government made a statement recently .They want all matters between the DRC Government and AVZ Minerals concerning the Manono Project to be sorted out via the International Courts/ The ICSID final Verdict . AVZ Minerals and it's Share Holder's fully support the DRC Governments wishes to resolve these matters via International Arbitration in the absence of a Negotiated Outcome .

Why do you think that is?

Also, what do you think Nigel meant at the AGM when he said ‘Southern portion 95% of value’?

 

[wombat74]

Why do you think that is?

Also, what do you think Nigel meant at the AGM when he said ‘Southern portion 95% of value’?

MoM statements made pre Locke funding .

 

[tolate]

Why do you think that is?

Also, what do you think Nigel meant at the AGM when he said ‘Southern portion 95% of value’?

Maybe these other AGM updates will help you understand..!
Nigel has not been to the DRC much, in my opinion that would make it hard to communicate with FELIX


14/ ICSID - shortfall in fees payment

Question 9 – Who did not pay ICSID fees

Nigel – Neither side has paid (My comment - I wonder if I heard this part right https://hotcrapper.com.au/styles/default/xenforo/clear.pnghttps://hotcrapper.com.au/styles/default/xenforo/clear.png) and we too have been looking after our funds carefully. Now finance department will get it sorted

15/ AVZ Trips to DRC

Question 10 – How often have you guys gone to DRC

Nigel – It is costly and there have been 2 trips this year. Hopefully that will change

 

[Doc]

@zeeb0t I think you’ve had enough reports.
Time for paid subscriptions to be cancelled

 

[Cumquat Cap]

@zeeb0t please remove Tolate or we will leave this forum. He’s a cancer and the reason we all defected from hc

 

[cruiser51]

Thank you zeeb0t

 

[Hodlandwin69]

Can’t see any rescheduling for this, so perhaps it was finally thrown out. Have any of you locals phoned the Court for an update?

Next hearing is 27/02/2025, again it is a "strategic conference"

 

[Xerof]

Next hearing is 27/02/2025, again it is a "strategic conference"

I guess you made the effort to phone? Well done
I’m in Dubai for a while, so only just looking now. Nothing on site yet

 

[Hodlandwin69]

I guess you made the effort to phone? Well done
I’m in Dubai for a while, so only just looking now. Nothing on site yet

Yeh I checked on ecourts

 

[tolate]

Just asking does anyone know have the Arbitration fees been paid for AVZ?
Now is that TIMELINE right..????late JAN 2025
FAT TAIL matter still pending as i hear..!

On November 7 Notice was issued by the ICSID the Proceeding is suspended for non-payment of the required advances by either party.

Reports out of the AGM seemed to indicate these would be sorted prior to XMAS by the AVZ Finance team via Piper Lawyers. There is no notification confirming this has happened.

Once the AVZ team sort this out pressure reverts to the DRC. The timeline for the DRC to make this payment will close in late January 2025 according to the payment requirements

 

[tolate]

Quick check in... hope everyones doing as well as can be? Merry Christmas to you all, well, mostly all.

It's clear @tolate isn't the same deadbeat... but, hey, go get farked you ar$ehole anyway... hope you have a really shit Christmas....

Onwards and upwards... thanks to those continuing their efforts...

I will try to have a great XMAS with my family...thanks for your cheers..

 

[Winenut]

Ignore button activated Toilet

You complete fkn tool

 

[tolate]

Next hearing is 27/02/2025, again it is a "strategic conference"

Yes the FAT TAIL court matter has been adjourned to the 25 FEB 2025 for a conference did NIGEL turn up this time..?

 

[Samus]

Looks like a piece of shit floated out from the crapper.

 

[tolate]

Yes the FAT TAIL court matter has been adjourned to the 25 FEB 2025 for a conference did NIGEL turn up this time..?

I wish all these COURT cases would go away just not a good look for AVZ could take years to come to a final decision

People love positive posts, it’s what they want to hear. But some posts are often more about gaining popularity than being realistic. The reality is, it’s a long road before retail holders see any return on this stock.

AVZ should have access to the Locke funding by the end of this month. However, have recent events jeopardized the Locke facility? Hard to say, but Graeme deleting that announcement from his LinkedIn might be a red flag...?
He has a professional following, he may want to make sure he provides accurate information. Deleting the Locke Funding announcement might mean nothing, we don’t know yet, but the first test of how serious the AFP action is? Whether AVZ can actually access those funds, we”ll find out soon enough.

 

[Doc]

Keep reporting folks. It’ll happen
I miss @JAG ,he wouldnt put up with this crap from TSE

 

[Schnitzelfresser]

We do not want you here. Go away and contaminate the Crapper with your rubbish.

ignored and reported

 

[M.Bison]

Really guys just put him on ignore. I did after the very first post of his. Not hard.