AVZ Discussion 2022

[Flight996]

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.

 

[cruiser51]

Edit: "fuck off Shane".

How many aliases is Shane using this time?
He must realise by now nobody gives a fuk about what he dribbles on X under his magnitude names.

There seems to be an increase of irregular emerged regulars, every time something positive is around the corner trying to give their negative opinions, which are pretty funny if you attended the AGM. it really means they know SFA.
So in other words, it is highly likely a good sign to see the fukwits pop up.

 

[Retrobyte]

Wow, I will recheck my information sources, which are Perplexity.AI and Google Gemini.

This guy also relied on AI .... https://www.dailymail.co.uk/news/article-14144285/Tesla-DFO-control-crash-SUV-Homebush.html

 

[Winenut]

This guy also relied on AI .... https://www.dailymail.co.uk/news/article-14144285/Tesla-DFO-control-crash-SUV-Homebush.html

Might filter picked up some possible harmful content on that page Retro

Just so others are aware

 

[Largus Averta]

Wow, I will recheck my information sources, which are Perplexity.AI and Google Gemini.

In retrospect, the figures that both sources quote seem low in the scheme of things. I wonder if there are not other fees, which have not been taken into account. I will recheck.

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.

 

[Flight996]

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.

Well that explains why I regularly need both AI assistants to re-do their responses due to blatantly incorrect or inadequate information, or its just made-up fantasy bullshit. Pretty much the same issue when I ask the wife why our transaction account is empty.

 

[Azzler]

This is incorrect . The likely outcome if no settlement is the DRC through Chinese money will pay Locke to have all legal proceedings dropped, then legitimately take control of all Manono both north and south . Did Nigel explain to share holders what happens if legal proceedings are still ongoing come December 2026 or if AVZ win and compensation takes years ? Surely this is an incentive for continued delays . Nigel should have negotiated a longer contract . December 2028 .

Wrong and dumb.
Another HC fly?

 

[Pokok]

Might filter picked up some possible harmful content on that page Retro

View attachment 73760

Just so others are aware

I have been told I have no filter ,

 

[Pokok]

That’s where my head has been and the biggest concern of mine. They just sell assets to the Chinese as a fire sale. After all they’ve only put up a small sum and they’d make that back easy with a sell off. They aren’t in the business of mining.

But that is an issue for a future date. We live another two years and I hope the BOD are working behind the scenes to secure additional funding from somewhere else. Unsure how though if all of the assets are already given up to Locke.

So you and Lopu are in some sort of relationship , just asking

 

[Dazmac66]

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.

Fuck me! That price list looks like a shopping list for snacks at a government meeting in Kinshasa!

 

[ptlas]

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.

 

[wombat74]

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.

 

[BRICK]

So you and Lopu are in some sort of relationship , just asking

..

..

 

[Scoota30]

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

Link to load of BS from the MoM

 

[Bonsoir]

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

Link to load of BS from the MoM

View attachment 73780

Them fucks are so far removed from reality they think AVZ doesn’t exist any more and what they are doing is legit.

 

[Dave Evans]

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

x.com

x.com

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.

 

[Hudnut]

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.

Is that Celestin as well?

 

[Frank]

x.com

x.com

x.com

x.com

x.com

x.com

 

[pow4ade]

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]

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

Could almost pass as legalised snacks