AVZ Discussion 2022

[Winenut]

I am interested on members thoughts on when the Company might pay the fees to the ISCID.

I thought they would have before the end of December

I can't recall exactly how long they have to pay before the action/case lapses

We're paying for both parties if my memory serves me correctly

I haven't read up (in a hurry to get somewhere right now) but here's a link to ICC and ICSID fee schedules

Hope it maybe helps

https://iccwbo.org/dispute-resolution/dispute-resolution-services/arbitration/costs-and-payment/

https://icsid.worldbank.org/services/cost-of-proceedings/schedule-fees/2023

 

[tolate]

I thought they would have before the end of December

I can't recall exactly how long they have to pay before the action/case lapses

We're paying for both parties if my memory serves me correctly

I haven't read up (in a hurry to get somewhere right now) but here's a link to ICC and ICSID fee schedules

Hope it maybe helps

https://iccwbo.org/dispute-resolution/dispute-resolution-services/arbitration/costs-and-payment/

https://icsid.worldbank.org/services/cost-of-proceedings/schedule-fees/2023

Yes you are correct there is talk about AVZ paying both AVZ and the DRC ICSID FEES...??????
But unfortunately upto now, nothing has appened...imo
But again many other confusing ISSUES have popped up..????
Maybe not all, what many are saying...imo

 

[tolate]

Yes you are correct there is talk about AVZ paying both AVZ and the DRC ICSID FEES...??????
But unfortunately upto now, nothing has appened...imo
But again many other confusing ISSUES have popped up..????
Maybe not all, what many are saying...imo

One woud assume AVZ Nigel would keep all AVZ S H updated on a regular basis..!

How do I keep up to date with AVZ’s progress?
Progress will be reported to shareholders as appropriate and will be announced to shareholders via the AVZ website at www.avzminerals.com.au.

What happens to AVZ?
AVZ is an unlisted disclosing entity and continues to be required to fulfill all of the obligations of Australia’s Corporations Act, including continuous disclosure obligations.

 

[aon]

I am interested on members thoughts on when the Company might pay the fees to the ISCID.

I think It will only pay if the negotiations that are likely in play at this time break down.

Some see it as a negative not having paid the outstanding fee's, however I still presently chose to see it as a positive that we have not paid the fee's, maybe a deal has been struck or is close.

I realise that the recent AFP issue adds a degree of confusion or complexity to what might be in play at this time, but it's difficult to calculate what it's overall effect will be on our success without more factual details imo.

 

[tolate]

NIGEL needs to update AVZ SH in regards to all matters, not leave it up to a guessing GAME for S H...imo
These comments below ,were outlined in AVZ COMPANY Announcements by NIGEL..!

What happens to AVZ?
Now have they really fulfilled all their obligations, is the real QUESTION...imo..???

AVZ is an unlisted disclosing entity and continues to be required to fulfill all of the obligations of
""""""""Australia’s Corporations Act, including continuous disclosure obligations.""""

In future all AVZ announcements will be made on the Company’s website at www.avzminerals.com.au.

 

[Hemicuda]

I think It will only pay if the negotiations that are likely in play at this time break down.

Some see it as a negative not having paid the outstanding fee's, however I still presently chose to see it as a positive that we have not paid the fee's, maybe a deal has been struck or is close.

I realise that the recent AFP issue adds a degree of confusion or complexity to what might be in play at this time, but it's difficult to calculate what it's overall effect will be on our success without more factual details imo.

or nige is getting played again

 

[Schnitzelfresser]

Do we expect an announcement regarding paying the fees?

No way Nigel is getting played again. The path from now on is crystal clear. Paying the fees, negotiate and push ahead the arbitration.

 

[tolate]

Could the AFP have locked down access to their funds and ability to pay the fees?
Surely not.

Well something has slowed down AVZ progress...imo
WHY hasnt NIGEL updated S H on this first TRANCHE of FUNDS..!
Something not right...imo


Highlights •
Locke and AVZ have agreed the terms and conditions for a litigation funding facility of up to US$15,000,000. •
AVZ expects to drawdown a first tranche of funds during December 2024.

 

[wombat74]

Do we expect an announcement regarding paying the fees?

No way Nigel is getting played again. The path from now on is crystal clear. Paying the fees, negotiate and push ahead the arbitration.

Silence is golden .Better to keep idiots like tolate running round in circles jumping at shadows .

 

[tolate]

Silence is golden .Better to keep idiots like tolate running round in circles jumping at shadows .

Yes maybe not shadows, but definitely left in the DARK...!
Maybe one would ASSUME, the true idiots are the ones throwing more money at AVZ ..imo
Nigel is failing AVZ S H ....imo
The MESS is still a MESS..!

 

[Hemicuda]

Do we expect an announcement regarding paying the fees?

No way Nigel is getting played again. The path from now on is crystal clear. Paying the fees, negotiate and push ahead the arbitration.

yup clear as mud

 

[Panther22]

Would you wait and see if the Locke Funding has an influence on decisions made ? It's just taken 2.5 years for the China / DRC Gov to realize their stall tactics haven't worked . Give these Corrupt f--kers one last chance to reconsider , then lock and load the ICSID if they would rather remain low life Corrupt Criminal Scumbags . Simples

I'm with you Wombat. Set a deadline for negotiated settlement talks or suspend all discussions and go full bore ICC and ICSID. Pay the fees and wait till June. Insist all the daily fines are paid when due. It's not as if this would deprive the locals of income because the DRC Government and Celestin are doing that to their own people anyway.
This way we don't have to guess where we are going and we are all fairly confident we will win. Obviously getting paid would be the next issue but it would send the message to every other foreign Country to look elsewhere and steer well clear of the DRC.

 

[BEISHA]

Yes maybe not shadows, but definitely left in the DARK...!
Maybe one would ASSUME, the true idiots are the ones throwing more money at AVZ ..imo
Nigel is failing AVZ S H ....imo
The MESS is still a MESS..!

How on earth did you escape my IGNORE function ?

 

[BEISHA]

How does that cunt deserve to be anywhere near the border / gavaskar trophy ?

View attachment 75024

just sayin.

Aussies end 10-year drought to clinch ruthless series win

'They've found a way'

www.nine.com.au

Well done Australia and well done Beau Webster.......a very good replacement for a miserably out of form Marsh !

 

[Carlos Danger]

I am interested on members thoughts on when the Company might pay the fees to the ISCID.

I thought they would have before the end of December

I can't recall exactly how long they have to pay before the action/case lapses

We're paying for both parties if my memory serves me correctly

I haven't read up (in a hurry to get somewhere right now) but here's a link to ICC and ICSID fee schedules

Hope it maybe helps

https://iccwbo.org/dispute-resolution/dispute-resolution-services/arbitration/costs-and-payment/

https://icsid.worldbank.org/services/cost-of-proceedings/schedule-fees/2023

I think It will only pay if the negotiations that are likely in play at this time break down.

Some see it as a negative not having paid the outstanding fee's, however I still presently chose to see it as a positive that we have not paid the fee's, maybe a deal has been struck or is close.

I realise that the recent AFP issue adds a degree of confusion or complexity to what might be in play at this time, but it's difficult to calculate what it's overall effect will be on our success without more factual details imo.

We have until the 5th of February to pay and even then proceedings only 'may' be discontinued

DRC will pay their fees when we do. There is no point for them to move the case forward as the respondent when the claimants haven't paid imo

Chapter III: Financial Provisions | ICSID

icsid.worldbank.org

Case Details | ICSID

icsid.worldbank.org

 

[EarleofBarrow]

I am interested on members thoughts on when the Company might pay the fees to the ISCID.

At the AGM Nigel advised he would be making the first draw down on Locke Funds the following week to pay the outstanding legal fees.
I would not expect an announcement,but consider it already done

 

[Carlos Danger]

At the AGM Nigel advised he would be making the first draw down on Locke Funds the following week to pay the outstanding legal fees.
I would not expect an announcement,but consider it already done

You should let the ICSID know

Case Details | ICSID

icsid.worldbank.org

 

[Carlos Danger]

Aussies end 10-year drought to clinch ruthless series win

'They've found a way'

www.nine.com.au

Well done Australia and well done Beau Webster.......a very good replacement for a miserably out of form Marsh !

Can’t wait to see my boy Mitch Marsh put his feet up on the Border Gavaskar trophy

Great to see Mitch get a few days practice putting his feet up ahead of tonight's festivities

 

[tolate]

View attachment 75284

How on earth did you escape my IGNORE function ?

View attachment 75285

Great question ...!
That boot might be doing the right job ..
Hope thats not NIGEL fronting up to JUDGE JUDY...imo...lol

 

[tolate]

The ICSID matter has been SUSPENDED till further notice..!
Expect it already done ...on what authority..LMAO
Surely thats not just HEARSAY again..!