AVZ Discussion 2022

ptlas

Regular
Wrong and dumb.
Another HC fly?
The other point about Locke, I believe, is that there is no way US & EU will allow them to enter a Faustian pact with the Chriminese to screw the west.
I would guess that this was discussed in detail prior to the recent agreement with AVZ, and certain undertakings given.
 
Last edited:
  • Like
  • Thinking
Reactions: 10 users

wombat74

Top 20
Thank you for pointing out the clear under-quoting in my original post. It seems that neither search took into account a whole range of costs in addition to periodic costs. My bad.

Here is a list of the main fees and charges applicable to an ICSID arbitration:
  1. Registration fee: US$25,000 (non-refundable) payable upon filing a request for arbitration
  2. Administrative charge: US$52,000 per year, typically divided equally between parties
  3. Tribunal costs: On average US$882,668.19, with a median of US$875,907.97
  4. Arbitrator fees: US$500 per hour for work performed in connection with the proceeding
  5. Secretary attendance fee: US$200 per hour when the Tribunal Secretary attends meetings
  6. Remote hearing hosting: US$2,500 per day
  7. In-person hearing facilities: US$4,000 per day for use of a hearing room and breakout/deliberation rooms at ICSID's Washington, D.C. center
  8. Travel expenses: Reimbursement for travel and subsistence expenses of the Secretary for meetings held away from ICSID's seat
  9. Arbitrator travel fees: Hourly fee for travel time to attend hearings, sessions, and meetings, plus per diem allowances and travel expense reimbursements
  10. Party costs: On average, US$5,619,261.74 for claimants and US$4,954,461.27 for respondents (including legal fees and other expenses)
Note that actual costs can vary significantly depending on the complexity and duration of the case

My sincere apologies, and I will delete the original erroneous post.
Some of that $80+million in fines will cover the costs . Isn't Cominiere 90% owned by the DRC ? Or they could just negotiate a deal and this goes away.
 
  • Like
  • Thinking
Reactions: 7 users

BRICK

Regular
So you and Lopu are in some sort of relationship , just asking
..
humancentipedemusical2023.jpg
..
 
  • Haha
  • Like
  • Fire
Reactions: 8 users

Scoota30

Regular
  • Haha
  • Like
  • Wow
Reactions: 13 users

Bonsoir

Regular
  • Like
  • Fire
Reactions: 14 users

Dave Evans

Regular
Well, well, well..... They aren't very good at hiding things.

Link to load of BS from the MoM

View attachment 73780

The good news is that AVZ will pay the arbitration costs within the required time and the ICC and ICSID will begin to action their findings on the cases.

Fasken (Zijin’s lawyers) have lodged voluminous submissions in their attempts to stall proceedings. The international courts hearing these cases are aware of that fact and must now be witnessing CAMI and the Minister of Mines protection of the corrupt parties involved (Cominiere, Zijin, Dathomir) as well as their roles in the violations of ICC and ICSID orders.

Here’s some information on Twitter and the Minister of Mines colluding with Zijin and wearing a Manono Lithium shirt 👇


IMG_8206.jpeg

IMG_8216.jpeg

IMG_8217.jpeg



BTW, thanks to @Cumquat Cap @Azzler @TheCount @cruiser51 and others for keeping the crapper trolls away. Every time we get positive news the low life’s try and spin negative bullshit into the forum and not one of them has posted any actual information.
 
Last edited:
  • Like
  • Fire
  • Love
Reactions: 34 users

Hudnut

Regular
  • Like
Reactions: 4 users

Frank

Top 20
Last edited:
  • Like
  • Fire
Reactions: 14 users

pow4ade

Regular
Don't rely on AI. The sentences it spits out are only statistically probable arrangements of words that should match your query according to their algorithm and what it trained on.

It doesn't really fact check anything.

The sooner people realise this the better. If you use it for general well known bullshit, it will probably be OK, because those word combinations are common. If you want specifics (think of accurate hands with 5 fingers), then it's going to take work to prod it to get that, and that will corrupt the answer anyway, because you led it there.

It's not a search engine, though it shares similarities, it's a language learning model.
Pretty sure AI is on the money here, compiling info from the ICSID site:

I. FEES

1. Members receive a fee of US$500 for each hour of work performed in connection with the proceeding, including each hour spent participating in hearings, sessions and meetings.

https://icsid.worldbank.org/services/cost-of-proceedings/memorandum-fees-expenses/2022
 

Yaseen

Regular
  • Haha
  • Like
Reactions: 2 users

Winenut

Go AVZ!
  • Like
  • Sad
Reactions: 6 users

JohnJoyce

Regular
The good news is that AVZ will pay the arbitration costs within the required time and the ICC and ICSID will begin to action their findings on the cases.

Fasken (Zijin’s lawyers) have lodged voluminous submissions in their attempts to stall proceedings. The international courts hearing these cases are aware of that fact and must now be witnessing CAMI and the Minister of Mines protection of the corrupt parties involved (Cominiere, Zijin, Dathomir) as well as their roles in the violations of ICC and ICSID orders.

Here’s some information on Twitter and the Minister of Mines colluding with Zijin and wearing a Manono Lithium shirt 👇


View attachment 73781
View attachment 73783
View attachment 73784


BTW, thanks to @Cumquat Cap @Azzler @TheCount @cruiser51 and others for keeping the crapper trolls away. Every time we get positive news the low life’s try and spin negative bullshit into the forum and not one of them has posted any actual information.
These pictures make me physically
Sick.
 
  • Like
  • Fire
Reactions: 13 users

BRICK

Regular
The good news is that AVZ will pay the arbitration costs within the required time and the ICC and ICSID will begin to action their findings on the cases.

Fasken (Zijin’s lawyers) have lodged voluminous submissions in their attempts to stall proceedings. The international courts hearing these cases are aware of that fact and must now be witnessing CAMI and the Minister of Mines protection of the corrupt parties involved (Cominiere, Zijin, Dathomir) as well as their roles in the violations of ICC and ICSID orders.

Here’s some information on Twitter and the Minister of Mines colluding with Zijin and wearing a Manono Lithium shirt 👇


View attachment 73781
View attachment 73783
View attachment 73784


BTW, thanks to @Cumquat Cap @Azzler @TheCount @cruiser51 and others for keeping the crapper trolls away. Every time we get positive news the low life’s try and spin negative bullshit into the forum and not one of them has posted any actual information.
Ive found a concerning detail in one of the images.... @Carlos Danger care to explain?
:ROFLMAO:

InkedIMG_8206_LI.jpg
 
  • Haha
  • Thinking
Reactions: 8 users

Dave Evans

Regular
Last edited:
  • Like
Reactions: 2 users

Dazmac66

Regular
Zijin's lawyers are obviously ok with it. Wouldn't you advise your client to refrain from posting evidence clearly breaching court orders. Unless you knew the case was unwinnable and a settlement would be negotiated for them to keep the asset.
 
  • Like
Reactions: 2 users

PhatCatz

Emerged
the issue is DRC are balls deep in this now and will get reamed by either us or the Chinese. I think most likely both of AVZ and the Chinese will take turns reaming these corrupt dogs. Chinese will play dumb if this goes the distance and sue them for signing mining licences etc. on basis of false information provided to them.
 
  • Like
Reactions: 3 users

wombat74

Top 20
Zijin's lawyers are obviously ok with it. Wouldn't you advise your client to refrain from posting evidence clearly breaching court orders. Unless you knew the case was unwinnable and a settlement would be negotiated for them to keep the asset.
" I bring to your particular attention that at the request of the company AVZ, the parties have agreed to settle the dispute amicably. However the defence team has recommended the continuation of the arbitration as long as AVZ does not diminish its ambitions." MoM to Prime Minister 18/07/24

MoM's amnesia might have cured itself now we $$flush$$ and taking their corrupt arses to the ICSID .
1733450063746.gif
 
  • Like
  • Fire
Reactions: 13 users

mikejoho

Member
the issue is DRC are balls deep in this now and will get reamed by either us or the Chinese. I think most likely both of AVZ and the Chinese will take turns reaming these corrupt dogs. Chinese will play dumb if this goes the distance and sue them for signing mining licences etc. on basis of false information provided to them.
Well, IMO, the Chinese are the Major corrupt dogs in this.

Zijin, as a large corporate with large resources, would/ should have performed their level of due diligence when entering into the initial illegal slice of 13359. They would / should have known about AVZ and its status, and then elected to plan their dirty game from a long way out. Their sophisticated corruption then led the DRC to sign a ridiculously unfavourable contract for the North, which could be considered ‘unconscionable conduct’ at best. It was like a large fat corrupt cat toying with a helpless mouse.

Good luck with the ‘playing dumb’ and the false information defence. It is as transparent as the ‘this new Rolex is just a Christmas gift’ routine.

Don’t let anyone tell you they ‘outplayed’ and was ‘too smart’ etc. This was just disgusting, and I hope they are outed on the world stage for the grubby gangsters that they are.
 
  • Like
  • Fire
Reactions: 25 users

Dave Evans

Regular
Well, IMO, the Chinese are the Major corrupt dogs in this.

Zijin, as a large corporate with large resources, would/ should have performed their level of due diligence when entering into the initial illegal slice of 13359. They would / should have known about AVZ and its status, and then elected to plan their dirty game from a long way out. Their sophisticated corruption then led the DRC to sign a ridiculously unfavourable contract for the North, which could be considered ‘unconscionable conduct’ at best. It was like a large fat corrupt cat toying with a helpless mouse.

Good luck with the ‘playing dumb’ and the false information defence. It is as transparent as the ‘this new Rolex is just a Christmas gift’ routine.

Don’t let anyone tell you they ‘outplayed’ and was ‘too smart’ etc. This was just disgusting, and I hope they are outed on the world stage for the grubby gangsters that they are.

My take on it this

The DRC (Cominiere) violated our FROR, illegally sold 15% of Dathcom to Zijin and then illegally seized our project (Easily proved in ICC and ICSID).

Even though Zijin was part of this collusion they know it was Cominiere who broke the law. It was actually Zijin who released the tape of Kibeya taking the bribe and then made threats to Cominiere if Cominiere broke their agreement.

Since then Cominiere has used Zijin’s lawyers to fight their case because they are broke.

Sama Lukonde, Adele Kayinda, Antoinette N’samba, Athanase Mwamba, JF Mupande, Guy Loando and Simon Cong were involved in various ways in this case.

Tshisekedi thought he could replace Lukonde, Kayinda, N’samba, Athanase Mwamba and JF Mupande and the new ministers etc would take care of the problem.

Unfortunately for them AVZ’s lawyers and shareholders continued to expose the corruption which now includes the new Minister of Mines, Kibeya and the new head of CAMI.

The DRC have been desperately trying to get new investors to invest in their corrupt mining sector for months now, travelling around the world and trying to promote themselves at every forum and failing woefully.

With the US and EU investing billions in the Lobito Corridor, the spotlight is constantly being shone on the DRC’s corruption.

The DRC’s attempt at turning a blind eye to their own corruption has failed and they know Zijin won’t let them off the hook so now they are trying to swing a deal with western investors that would include Zijin getting paid compensation for the illegal work they have done.

There are rumours of a consortium of influential western investors wanting to take over the whole project and Tshisekedi wanting to get this done so that they don’t have to pay penalties to AVZ or Zijin
 
  • Like
  • Thinking
  • Love
Reactions: 56 users

Pokok

Regular
Joke Friday , lets see who I can upset ... Why is there no Disneyland in China ?? Because nobody is tall enough to go on the good rides . what do you call a chinese business Billionaire ? Cha Ching
 
  • Haha
  • Like
Reactions: 8 users
Top Bottom