AVZ Discussion 2022

[Strongman]

Next week?


Edit: I'm guessing you may be getting expectation for next week from the anticipated date for the peace deal and minerals deal to be signed.

Peace agreement is expected to be signed on the week of June 15. June 15 is a Sunday and the US regards Sunday as the first day of the week. So I am interpreting this to mean that the expected date of signing to be within 15-21 June.

Just going a little further with that if the peace deal is signed say on the 16th then the Kobold/AVZ deal goes live pretty much immediately ie announced to the market on the 20th. Given AVZ is a public company ( albeit unlisted ) it will be required for shareholders to vote on the disposal of our principal asset. 75 % of the vote is required to pass the resolution and as far as iam aware AVZ have to give 21 days notice for an EGM to vote on the resolution ( sale agreement)
If that is the case why was the ICSID only suspended to 23 June ??

 

[cruiser51]

Just going a little further with that if the peace deal is signed say on the 16th then the Kobold/AVZ deal goes live pretty much immediately ie announced to the market on the 20th. Given AVZ is a public company ( albeit unlisted ) it will be required for shareholders to vote on the disposal of our principal asset. 75 % of the vote is required to pass the resolution and as far as iam aware AVZ have to give 21 days notice for an EGM to vote on the resolution ( sale agreement)
If that is the case why was the ICSID only suspended to 23 June ??

So we can immediately suspend the imminent ICSID arbitration case for another month.

Sorry it's Friday joke day.

 

[Strongman]

So we can immediately suspend the imminent ICSID arbitration case for another month.

Sorry it's Friday joke day.

Haha yeah i would have thought after the rolling suspensions after we were first suspended from asx and the never ending due diligence of the Locke deal the last thing Nigel would have wanted was to start rolling over the ICSID suspension. Maybe iam missing something here ?

 

[Samus]

Seem like something is missing from here

 

[Strongman]

@j.l

I’m watching him have a complete meltdown in his posts on X over the past few weeks.

We’re all "classless bogans" according to the messiah, who continually repeats what he sees as his moment of glory, after getting completely fucked over by Santa Klaus.

AND, he’s now back as tendoji on the crapper, whispering to the classless bogans on there too.

Thank fuck he’s no longer here, unless he’s the prick deleting all our posts.

Lets see what happens to this one

Yeah that little bitch tendoji has completely lost the plot over on the crapper. He just doesnt understand that 99.9 % of the punters over there dont even read his dribble. He does always get one vote though and we all know who that tool is.
Basically tendjodi...shane...der geist or whomever he decides to call himself is just a lost and lonely man with a lot of bitterness he cant get past. Him and lost lenny need to get a room and have a good cry

 

[Lichione]

Haha yeah i would have thought after the rolling suspensions after we were first suspended from asx and the never ending due diligence of the Locke deal the last thing Nigel would have wanted was to start rolling over the ICSID suspension. Maybe iam missing something here ?

According to my search, don't think AVZ has to pass the vote by shareholders
1. As a delisted company, it does not need to follow ASX rule
2. It's not mandatory as per ASIC rule or Corporate Law. Largely based on avz constitue or governance rules
3. AVZ 2019 constitute removed the clause. And don't believe Governance rule has mentioned it. Please refer to Avz website.

Of course AVZ Bod can call the EGM.

I am not sure whether it is 75% or a simple majority will do, if EGM does happen

 

[Strongman]

According to my search, don't think AVZ has to pass the vote by shareholders
1. As a delisted company, it does not need to follow ASX rule
2. It's not mandatory as per ASIC rule or Corporate Law. Largely based on avz constitue or governance rules
3. AVZ 2019 constitute removed the clause. And don't believe Governance rule has mentioned it. Please refer to Avz website.

Of course AVZ Bod can call the EGM.

I am not sure whether it is 75% or a simple majority will do, if EGM does happen

Ok thanks mate. Given the ICSID suspension date of 23rd that definately makes sense. Exciting couple weeks for sure

 

[Shrek]

@j.l

I’m watching him have a complete meltdown in his posts on X over the past few weeks.

We’re all "classless bogans" according to the messiah, who continually repeats what he sees as his moment of glory, after getting completely fucked over by Santa Klaus.

AND, he’s now back as tendoji on the crapper, whispering to the classless bogans on there too.

Thank fuck he’s no longer here, unless he’s the prick deleting all our posts.

Lets see what happens to this one

That Shane is a piece of work I heard he hags out with Carrotdick and they dress up in ladies panties.
You don't even want to know what they get up to after that.

 

[Shrek]

Good pick up. Interesting language.

Partial claim settlement could mean a percentage of the $10b USD claim as you say. I would think it could also mean part of the claim settled now with part to be settled later (ongoing royalty?). Obviously we do not know the details yet, but interesting pick up for sure.

Not really, that long winded article is similar to many others recently and the partial claim settlement probably relates to the €39 million as Xerof said.
It's really just more of the same but they've stretched out the word count to make their article look unique compared to all the others.
It's old news.

 

[Rechnerhand]

DR Congo Joins UN Security Council as Non-Permanent Member ... in line with all efforts to finalize peace agreement and Minerals-for-peace deal ...

 

[Shrek]

@j.l

I’m watching him have a complete meltdown in his posts on X over the past few weeks.

We’re all "classless bogans" according to the messiah, who continually repeats what he sees as his moment of glory, after getting completely fucked over by Santa Klaus.

AND, he’s now back as tendoji on the crapper, whispering to the classless bogans on there too.

Thank fuck he’s no longer here, unless he’s the prick deleting all our posts.

Lets see what happens to this one

I heard a rumour that Shane is friendly with Michael Carrick and they dress each other up in ladies panties.

 

[Dave Evans]

The reports of a partial settlement in the articles mentioned refer to the compensation for the northern part of our tenement (which was illegally given to the Cominiere and Zijin JV) and so should be referred to in billions of dollars.

It had nothing to do with the €39 million which is the partial sum the ICSID ordered Cominiere to pay AVZ in penalties. Genuine shareholders know this, and the only reason I’m posting this is to see how long until my post is wiped

 

[Rechnerhand]

Qatar presents draft peace proposal to DRC and M23 rebels, source says --> 06 June 2025

 

[Frank]

Ok thanks mate. Given the ICSID suspension date of 23rd that definately makes sense. Exciting couple weeks for sure

 

[Papst]

Just going a little further with that if the peace deal is signed say on the 16th then the Kobold/AVZ deal goes live pretty much immediately ie announced to the market on the 20th. Given AVZ is a public company ( albeit unlisted ) it will be required for shareholders to vote on the disposal of our principal asset. 75 % of the vote is required to pass the resolution and as far as iam aware AVZ have to give 21 days notice for an EGM to vote on the resolution ( sale agreement)
If that is the case why was the ICSID only suspended to 23 June ??

If the whole deal blows up, we can imminently proceed with the icsid. Or put new pressure on the parties. Seems like a reasonable approach to me to suspend just for the minimum time frame.

 

[hedrox]

Actualité | Des lieutenants du chef nommés pour les derniers réglages avec l’équipe Trump | mediacongo.net

Qui veut aller loin avec succès, ménage expertise et efficience. Tshisekedi s’y applique. La battante Thérèse Kayikwamba Wagner, ci-devant...

www.mediacongo.net

 

[hedrox]

 

[Xerof]

We dont have a good track record with suspending things for a "minimum timeframe", but yeah think we all just want out of here with a fair price (including the said partial compensation), to me there's no way that partial compensation is referring to the $39m euro we are owed, that makes zero sense to me considering they already owe more than that with interest and the ongoing fines, even disregarding that it would still make no sense to me in the grand scope of things, Kobold cant possibly be talking about compensating an extra measley few mill, when we want billions, even Nige would laugh at that shit

I’ll rephrase it then

Exploration expenditure, plus partial claim settlement, including interest to date plus US1.5b, being the only published figure mentioned anywhere

Which I hasten to add drew the very cool response from AVZ - non-binding agreement

and someone said the ISCID is suspended and if finally dropped, the partial award won’t be able to be claimed. Well, Nigel would say thats absolute rubbish. It’s an Award already made, and Nigel will be trying to collect as mush of every penny of anything due as he can

 

[whales]

If the whole deal blows up, we can imminently proceed with the icsid. Or put new pressure on the parties. Seems like a reasonable approach to me to suspend just for the minimum time frame.

The desperation of Tshedeski to get the minerals for security signed off to save his personal wealth and political position will enable the deal to go through.
Rwanda would have analysed the consequences of going against the military strength of US.
Would be absolutely foolish IMO.
Best to get some processing benefits from trade in critical minerals than be militarily overcome in short time.
Hence minerals for security will be signed off.
Felix has re arranged his puppets
/ close at hand for Kobold to benefit with Manono.
Just need to wait what the final " fair compensation " is made known to shareholders.

 

[Lichione]

Anyone has an idea how much avz spent on the exploration, roughly? About 150m AUD? Or more