AVZ Discussion 2022

[Mute22]

AVZ announcement out:

Management very coy, making it sound like ICSID is the way forward keeping the pressure on, as they should.

 

[Exo324]

Does anyone know what this means?

 

[cruiser51]

$39,125,000 Euro equals $67,384,596.25 Australian Dollars (plus interest)

Noice.

 

[wombat74]

$39,125,000 Euro equals $67,384,596.25 Australian Dollars (plus interest)

Noice.

"AVZ will consider what steps it will take in relation to recovery of the penalty."

Any ideas on how we will do this ?

 

[Panther22]

If its commercial interest rates as in Australia its something like 8% plus the rate as determined by central bank.

 

[Spikerama]

Interesting the Counter is way off. I wonder where I went wrong.

 

[Doc]

"AVZ will consider what steps it will take in relation to recovery of the penalty."

Any ideas on how we will do this ?

Well they could let us build a mine and we'll take it out of the taxes to be paid....

 

[Doc]

Interesting the Counter is way off. I wonder where I went wrong.


View attachment 79258

The announcement stated its only a partial penalty

 

[Roon]

View attachment 79255

Does anyone know what this means?

Means that the Com + Zijin ICC case against AVZ, is now a Com + Zijin + Dathomir case against us.

 

[aanti.dumb]

"AVZ will consider what steps it will take in relation to recovery of the penalty."

Any ideas on how we will do this ?

An option is to sell the debt Cominière owes AVZ to a debt collection firm at a discount and use the funds to keep up the fight.

 

[rocknrolla]

Anyone got an understanding on this?

 

[Roon]

An option is to sell the debt Cominière owes AVZ to a debt collection firm at a discount and use the funds to keep up the fight.

I wonder if through the local courts we could get the order enforced through seizure of assets? A certain stake in Manono Lithium springs to mind...

Could make for a useful bargaining chip anyway in future negotiations

 

[cruiser51]

"AVZ will consider what steps it will take in relation to recovery of the penalty."

Any ideas on how we will do this ?

Brown paper bags is the go in the DRC and please don't be silly and deposit it in a DRC bank

 

[oxxa23]

"AVZ will consider what steps it will take in relation to recovery of the penalty."

Any ideas on how we will do this ?

well we assume they've got no cash... only assets.... so legal claim over their manono entitlement... as to what value, farked if i know... my head hurts...

 

[oxxa23]

I wonder if through the local courts we could get the order enforced through seizure of assets? A certain stake in Manono Lithium springs to mind...

Could make for a useful bargaining chip anyway in future negotiations

is there a straight, law abiding local court that you can count on in the DRC?

 

[Roon]

is there a straight, law abiding local court that you can count on in the DRC?

Certainly not the one headed by Mrs Kibeya!

 

[wombat74]

"The Australian understands both the White House Officials and the DRC want Manono to end up in US hands via AVZ ."

 

[Hodlandwin69]

I'd be cautious with the article. Could be biased and weakening out resolve.
It is trying to butter us up to accept splitting the north and south. We want it all! Hold strong!

 

[Mute22]

This guy is a literal headcase, AVZ living in there rent free.

I can't wait for the inevitable litigation.

 

[wombat74]

Date:14/03/25
New

https://www.theaustralian.com.au/bu...m/news-story/3d53570a43246115e86767573ef60af2

Aussie lithium explorer scores an international court legal victory over DRC and Chinese claim
BRAD THOMPSON