AVZ Discussion 2022

Panther22

Regular
I've asked this genuine question on the crapper after a post by Amovatio who I greatly respect

I'm not really getting any comments over there not sure if they think I'm being negative or something

Anyhoo I thought I'd pose the question here in relation to AVZ not paying the arbitration fees and letting the action lapse IF the DRC grant AVZ the ML prior to 7th Feb 2025 (I think that's the deadline for the fees to be paid) which is what Amovatio was suggesting

Any thoughts here????

I sort of consider the arbitration a kind of necessary "insurance policy" to keep the fucking DRC to their word until absolutely EVERYTHING is 100% signed sealed delivered and unequivocally ratified in fucking blood!

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Totally agree Winenut. We have to pay the fees so that we remain in the que and proposed hearing dates are kept.

Beisha says rest assured the fees have been paid but what concerns me is how?
AVZ had very little cash which was probably the reason the fees had not been paid to date. We didn't go ahead with Locke and assume we hadn't taken any funds from them and CATL, under the new arrangement, is not due to pay anything until the end of the month (l think that is right) so l ask, if the fees have been paid, where did the $$ come from?

I would hope the fees are paid irrespective if something is going on in the back ground, no matter how positive. These people have form, no scruples, no conscience.

I believe in the BOD and l'm positive of the outcomes of ICC and ICSID in the future. I f negotiations or sale are in the background so be it. I am leaning towards going the whole hog via the Courts to teach the DRC a lesson, send them bankrupt for the World to see, several end up in jail so then maybe they can get on the right path for their people but that is me just dreaming.

Sunday rant over, off to the pub l go for a few Carlton Draughts on this fine Australia Day.
 
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Panther22

Regular
Smart Traveler advice posted yesterday 25/1 by DFAT

Travel advice update​

Democratic Republic of the Congo


08:42 am - 25 January 2025
The security situation in the Democratic Republic of the Congo (DRC) is volatile. Conflict in Eastern DRC is escalating, particularly around Goma, North Kivu. If it is safe to do so, leave affected areas while commercial routes remain available. The ability of the Australian Government to deliver consular services to Australians in Eastern DRC is extremely limited. Monitor local media for updates, follow the advice of local authorities, arrange effective personal safety measures and ensure travel documents are up to date.

 
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cruiser51

Top 20
Cruiser maybe you could cut a deal on behalf of the BoD and advise Chyna they can have the entire tennament of 13329 if little old AVZ could just hold onto all of 13359 😉
Thank you for paying attention.
It takes all sorts of tricks to make sure people pay attention to the finer details of the story.
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cruiser51

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Smart Traveler advice posted yesterday 25/1 by DFAT

Travel advice update​

Democratic Republic of the Congo


08:42 am - 25 January 2025
The security situation in the Democratic Republic of the Congo (DRC) is volatile. Conflict in Eastern DRC is escalating, particularly around Goma, North Kivu. If it is safe to do so, leave affected areas while commercial routes remain available. The ability of the Australian Government to deliver consular services to Australians in Eastern DRC is extremely limited. Monitor local media for updates, follow the advice of local authorities, arrange effective personal safety measures and ensure travel documents are up to date.

Which, what, or how consular services?

I think the big missing link in the AVZ sordid affair is the absolute lack of any presence displayed by the Australian Government.

I have the feeling Penny Wong believes that the DRC is on a different planet.

The PRC knows very well why and how the DRC has to be massaged in every possible way.
 
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GuruDukun

Regular

Mention of a case of corruption involving Zijin and the NGO, Le Bouclier, with the embezzlement of 70 million, in one of the major online news sites.
 
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Panther22

Regular
Which, what, or how consular services?

I think the big missing link in the AVZ sordid affair is the absolute lack of any presence displayed by the Australian Government.

I have the feeling Penny Wong believes that the DRC is on a different planet.

The PRC knows very well why and how the DRC has to be massaged in every possible way.
Any criticism of DRC by Australian Government would also mean some criticism of CCP and that is not going to happen from Labor.
 
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Retrobyte

Hates a beer
Sunday rant over, off to the pub l go for a few Carlton Draughts on this fine Australia Day.

Hopefully we get a payday from AVZ in the foreseeable future so you are not condemned to drinking Carlton Draught forever
 
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Azzler

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Hopefully we get a payday from AVZ in the foreseeable future so you are not condemned to drinking Carlton Draught forever
A fucking MEN to that mate.
 
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ptlas

Regular
I've asked this genuine question on the crapper after a post by Amovatio who I greatly respect

I'm not really getting any comments over there not sure if they think I'm being negative or something

Anyhoo I thought I'd pose the question here in relation to AVZ not paying the arbitration fees and letting the action lapse IF the DRC grant AVZ the ML prior to 7th Feb 2025 (I think that's the deadline for the fees to be paid) which is what Amovatio was suggesting

Any thoughts here????

I sort of consider the arbitration a kind of necessary "insurance policy" to keep the fucking DRC to their word until absolutely EVERYTHING is 100% signed sealed delivered and unequivocally ratified in fucking blood!

View attachment 76681
I think that it's been proven beyond doubt that DRC, Z and imo, all Chinese in this debacle cannot ever be trusted.
For that reason , continue with the 'arbitration', until things are signed, sealed etc which has been mentioned by others.

More simply, it is bad business practice to trust anyone without cast iron guarantees.
This applies no matter how good your relationship and certainly one that the other party has violated on multiple occasions.
The very fact that THEY have driven us to legal action only strengthens that argument.

Finally, on a psychological level, continuance of ICSID demonstrates that AVZ is not the gimp that they have tried to make us.
It's a statement of strength and confidence.

Play ball or face the consequences MoFos
 
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Happy Australia Day.

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Bray

Regular
Hopefully we get a payday from AVZ in the foreseeable future so you are not condemned to drinking Carlton Draught forever
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Happy blessed to live in a beautiful country day 🍻🍻
 
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DiscoDanNZ

Regular
I'm a few schooners deep so skimmed the last page but...

100% we shouldn't be dropping any court cases until we have everything signed, sealed and delivered and when we return the signed documents to them it had better be in suppository form the size of a football.

Only alternative option is that the suppository is a pineapple.

Anywho, happy Straya day fuckers.
 
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Frank

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Frank

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Samus

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A fucking MEN to that mate.
Obviously you fellas haven't had Carlton draught out of the copper beer tanks they've been setting up around the place.
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If you know, you know 🤤
 
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tolate

Emerged
Any new AVZ updates in regards to these matters..????????
No news on ICSID fines paid
Locke Deal was all but, smoke and mirrors for 12 mths....imo


Surely our MANGEMENT need to update their S H on these DRAWDOWNS...!!!!!!!!!
This was in AVZ last announcement....!!!!!

Availability Period • The funds will be available to AVZ until the earlier of: - a Mining Licence is granted over the Manono Project and completion of the revised TIA; or - completion of scheduled drawdowns in December 2025 or in 2026. Drawdown

• Drawdowns scheduled as US$10m by end of January 2025, plus two further US$5m drawdowns as and when required by AVZ’s budgeted requirements
 

DiscoDanNZ

Regular
Fuck off pimple dick
 
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DiscoDanNZ

Regular
^^ Get back under your bridge

Obviously you fellas haven't had Carlton draught out of the copper beer tanks they've been setting up around the place.
View attachment 76778
If you know, you know 🤤

Those are great used to drink it all the time in Sydney but now that I'm in Queensland it's hard enough finding Carlton on tap
 
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