Also no one is putting that much effort into creating a website for a lowball valuation unless they're being paid to do it.
So our new low-ball anchor price has moved from 0.60c (from the random journalist) to $1.35 from some random git who i speculate is being paid to try and set low expectation. Keep doubling it a few more times and we'll start getting somewhere.
Whether your dream is a fifty foot Cadillac, an overseas holiday, paying off the mortgage or something completely off the wall (mine is a beach house so close to the water that the waves drown out the 6 o'clock news and my plastic coffee mug rusts out in a week)...don't stop dreaming.
It's getting closer each day...it's almost imminent.
Whether your dream is a fifty foot Cadillac, an overseas holiday, paying off the mortgage or something completely off the wall (mine is a beach house so close to the water that the waves drown out the 6 o'clock news and my plastic coffee mug rusts out in a week)...don't stop dreaming.
It's getting closer each day...it's almost imminent.
I am not ready to start dreaming just yet. There is part of me that believes the names being thrown around will pay fair value, factoring in a premium for DRC saving face (by waiving legal disputes/damages and fostering a positive outlook on Africa Investments), the future earning potential as we enter the upswing of the lithium cycle (~3-5 years to build a mine and ramp up production will place this likely right at peak cycle to sell material), the future exploration value (we haven't drilled out much of the resource because its at surface and many many decades of supply), the sheer size of project and its strategic importance breaking China deathgrip (locally in africa and global supply chain).... you start adding up all these factors, I just feel any low ball offer, we gotta keep going with courts and debt fund the project as much as possible over giving up equity for a sliver of potential value.
I hate a doof stick. But if this goes above even $2 I’m going to make a bunch of horrible large ones out of franks memes, so you’ll all know where to come at merideth and pitch festivals for the AVZ celebratory vodkas
Whether your dream is a fifty foot Cadillac, an overseas holiday, paying off the mortgage or something completely off the wall (mine is a beach house so close to the water that the waves drown out the 6 o'clock news and my plastic coffee mug rusts out in a week)...don't stop dreaming.
It's getting closer each day...it's almost imminent.
then there's no chance it's anything except a paid for piece of bullshit propaganda with a lovely dash of photoshop and a few neat signature scans most likely garnered through the judicious application of brown paper bags at the behest of our most favourite collection of bad actors and corrupt fuckwits
then there's no chance it's anything except a paid for piece of bullshit propaganda with a lovely dash of photoshop and a few neat signature scans most likely garnered through the judicious application of brown paper bags at the behest of our most favourite collection of bad actors and corrupt fuckwits
It's probably just responses related to the procedural matters. Maybe DRC requested certain things not transpire or arguing some crap delay tactics and AVZ has the opportunity to respond to these requests.
Sounds like DRC has said there is no jurisdiction to be hearing the case in international court. I think remember that from last time.
I asked Copilot what that means in simple terms. The answer is shown below, and noting that my understanding is that AVZ is the claimant.
"In simple terms, the Claimants (the people who started the case) have sent their comments or arguments about whether the court or tribunal should deal with jurisdictional issues before looking at the rest of the case.
Jurisdiction is about whether the court has the power to hear the case at all. Sometimes, one side argues that the court doesn’t have authority, and they want that issue settled first. The Claimants are responding to that request—they're saying whether they agree or disagree and explaining their reasons."
I’m no fancy big city lawyer but I’m extremely confident it went something like this…
AVZ apply for arbitration at the ICSID and jurisdiction is accepted
DRC continue for almost 2 years and don’t say anything about jurisdiction
After a series of humiliating losses DRC decide to throw a Hail Mary and ask for the case to be thrown out on jurisdiction because it should be handled by cOnGoLeSe LaW
AVZ respond saying we observe you dipshits literally wrote this arbitration process in your mining code lol