TDITD
Top 20
40-45 years…..feels like it’s been that long, what about say 40-45 years longer to wait ?
AVZ Discussion 2022
- Thread starter GazDix
- Start date
40-45 years…..feels like it’s been that long, what about say 40-45 years longer to wait ?
Yeah, you are right.........more arbitration !!!
Yippee, yippee................snot.
MoneyBags1348
Top 20
Ruddy Hell It's Harry and Paul were classic comedians if you ever look them up TITS. A lot of their stuff was banned for being politically incorrect.... That clip was Charles and Sheridan, a couple of colorectal surgeons
We are all feeling it TITS, I was saying to Sam the only thing worse would be selling when we come out of suspension and AVZ going gangbusters. I'm fairly sure we are a $25 Billion plus company if we could just get going, unfortunately all the criminals (Cong, Eckof, Zigin etc) are all thinking the same thing.
@DiscoDanNZ was that you rebuilding the Charger.... this add keeps popping up when you post
Hi All
What a fucked up day I am having....
A) more bullshit news from Avz
B) more bullshit from Goldman sucks
C) Lrs putting up a pissant MRE, with crap grade.
Yeah, living my best life right now......
I had envisaged alot more swear words to be incorporated in this post, but in respect of the ladies in this forum, I refrained.
Now where is my fucking cigarette, ffs!!!!!!
What a fucked up day I am having....
A) more bullshit news from Avz
B) more bullshit from Goldman sucks
C) Lrs putting up a pissant MRE, with crap grade.
Yeah, living my best life right now......
I had envisaged alot more swear words to be incorporated in this post, but in respect of the ladies in this forum, I refrained.
Now where is my fucking cigarette, ffs!!!!!!
MoneyBags1348
Top 20
@TDITD I know I have put this up before, maybe it's just my old sense of humour but this is Harry and Paul doing one of their South African Gym Sketches.... I remember thinking it was one of the shareholders that went to the Sydney Roadshow
If you want a good laugh follow the links of their other stuff.... probably not really for the female and more sophisticated members here, but I know you'll get a laugh
Hang in there @BEISHA, don't have a durry mate, they are fucked, I gave them away after smoking for 30 years when my current better half of 19 years said she couldn't be with someone who smoked.... it was the best thing I ever did
If you want a good laugh follow the links of their other stuff.... probably not really for the female and more sophisticated members here, but I know you'll get a laugh
Hang in there @BEISHA, don't have a durry mate, they are fucked, I gave them away after smoking for 30 years when my current better half of 19 years said she couldn't be with someone who smoked.... it was the best thing I ever did
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LOCKY82
Regular
Not a bad summary actually, be great to play it over Christmas dinner with all the family 
podcasts.google.com
Google Podcasts is no longer available
DiscoDanNZ
Regular
@MoneyBags1348 yeah but 'rebuilding' is getting a bit ahead of where its up to, its at more of an awaiting a ministerial decree stage.
Edit: actually more of a haven't even applied for the license stage. I'm still cleaning and rust proofing parts just to put in the garage for storage. I keep finding other things to not finish doing.
Edit: actually more of a haven't even applied for the license stage. I'm still cleaning and rust proofing parts just to put in the garage for storage. I keep finding other things to not finish doing.
Mr Inappropriate
Regular
Fun fact: The ICC dispute cost calculator shows a lesser cost if you choose the “expedited” procedure. Save time AND money - i’ll be having some of that, thanks…Clearly the option of CATH taking 9% has been discussed and I think it now has to come into play
It's already been noted that Mr Pei wants supply and is willing to not only take a smaller equity position but also still provide the higher level of funding required to progress the project
The legal action will take for fucking EVER
We still have to get the ML granted with at least 51% undisputed ownership and get trading again while the legal action plays out
So as far as I can see we're still in the same fucking boat we were 8 months ago (trying to get the ML sorted).....except now with a potentially long and expensive court case to fund
Gee.....so glad the situation has markedly improved!!!
Costs and Payment - ICC - International Chamber of Commerce
Advances on costs The ICC advance on costs system is designed to ensure that an arbitration may proceed as soon as the relevant fees and expenses of the arbitrators and the institution are covered. The advances do not cover legal costs or the fees and expenses of any expert. Payment is...
iccwbo.org
"AVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (AVZ or Company) advises that, with or through its wholly owned subsidiary AVZ International Pty Ltd (AVZI), on 1 December 2022 it has filed the first of two International Chamber of Commerce (ICC) arbitrations against Dathomir Mining Resources "
Today being the 8th , why the 7 day delay informing SH ? Dathomir announcement not far away I suspect . Of course they will be rejecting AVZ's claims and will be looking forward to the many months of legal battle ahead .
Today being the 8th , why the 7 day delay informing SH ? Dathomir announcement not far away I suspect . Of course they will be rejecting AVZ's claims and will be looking forward to the many months of legal battle ahead .
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Samus
Top 20
Must be like an "expedited" ML that takes 2+ yearsFun fact: The ICC dispute cost calculator shows a lesser cost if you choose the “expedited” procedure. Save time AND money - i’ll be having some of that, thanks…
Costs and Payment - ICC - International Chamber of Commerce
Advances on costs The ICC advance on costs system is designed to ensure that an arbitration may proceed as soon as the relevant fees and expenses of the arbitrators and the institution are covered. The advances do not cover legal costs or the fees and expenses of any expert. Payment is...
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I am fucking angry right now, not because I don't believe AVZ legality, but because NIGEL gave a strong impression that the ML , was nudge nudge wink wink in November to sophs at perth RS.
Clearly that ain't going to happen, providing false hope is not cool when longs have been head fucked for 8 months and counting.
I sincerely hope that ML is not reliant on ICC ARBITRATION, cause if it is, then ground hog day will have new meaning.....
Imo
MoneyBags1348
Top 20
Fun fact: The ICC dispute cost calculator shows a lesser cost if you choose the “expedited” procedure. Save time AND money - i’ll be having some of that, thanks…
Costs and Payment - ICC - International Chamber of Commerce
Advances on costs The ICC advance on costs system is designed to ensure that an arbitration may proceed as soon as the relevant fees and expenses of the arbitrators and the institution are covered. The advances do not cover legal costs or the fees and expenses of any expert. Payment is...
If you put in the dispute claim for $1 Billion dollars, the arbitrators fee comes to the same amount as Nigel's quarterly salary
cruiser51
Top 20
CMOC pushes back as Congo's Gecamines demands compensation in cobalt mine dispute
7TH DECEMBER 2022
BY: REUTERS
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China's CMOC Group hit back at what it called "wild overcharges" from Congo's state mining company Gecamines, which is demanding compensation for higher copper and cobalt reserves at its Tenke Fungurume mine in the country.
Congo suspects CMOC understated the mine's reserves to reduce the amount of royalties it pays to Gecamines, which holds 20% of Tenke Fungurume Mining (TFM). CMOC, previously known as China Molybdenum, denies having done so.
The dispute between the two shareholders began in August 2021 when CMOC announced plans to invest $2.5-billion in expanding Tenke Fungurume, the world's second-biggest cobalt mine. The expansion would roughly double the mine's production.
"If we have to evaluate all the lost revenue, we are beyond $7-billion," Gecamines deputy director general Leon Mwine Kabiena said. "We told them CMOC that if they didn't have enough money to pay the full amount, they should look at how to compensate with the shares and deposits."
Mwine did not detail how Gecamines arrived at the $7-billion figure. According to a 2010 convention between Gecamines and TFM, TFM must pay Gecamines additional royalties of $1.2-million for every 100 000 tonnes of copperreserves above a baseline of 2.5-million tonnes.
Now Gecamines is asking CMOC for between $2-billion and $2.5-billion in cash and a bigger stake of between 49% and 51% in TFM, an official close to the negotiations said, declining to be named because the talks are confidential.
Mwine declined to comment on the possible request for an increased stake.
"We trust and accept fair evaluation by independent international third-party if there were any opposing views to the additional reserves, but we would not accept any groundless wild overcharges as manipulated by few from GCM Read full story," CMOC spokesman Vincent Zhou said in a written response to Reuters' questions.
The feasibility study for the TFM expansion was approved by Congo's ministry of mines, Zhou added.
CMOC in March said "significant progress" had been made towards resolving the dispute, but in July exports from TFM were suspended on an order from a Congolese temporary administrator, and the company on Monday told Reuters it could take legal action against Gecamines.
DRC still not happy with the Chinois......
Mr Inappropriate
Regular
It‘s either hubris or a rookie mistake (I.e. expressing confidence when in fact you have no control over the process).I am fucking angry right now, not because I don't believe AVZ legality, but because NIGEL gave a strong impression that the ML , was nudge nudge wink wink in November to sophs at perth RS.
Clearly that ain't going to happen, providing false hope is not cool when longs have been head fucked for 8 months and counting.
I sincerely hope that ML is not reliant on ICC ARBITRATION, cause if it is, then ground hog day will have new meaning.....
Imo
JAG
Top 20
I'm hearing you Beisha....I'm that angry I don't even know what FN day it is, apparently its Thursday......like WTF MANI am fucking angry right now, not because I don't believe AVZ legality, but because NIGEL gave a strong impression that the ML , was nudge nudge wink wink in November to sophs at perth RS.
Clearly that ain't going to happen, providing false hope is not cool when longs have been head fucked for 8 months and counting.
I sincerely hope that ML is not reliant on ICC ARBITRATION, cause if it is, then ground hog day will have new meaning.....
Imo
Retrobyte
Hates a beer
We got a wink update on the bird from DEBOSS . So everyone just calm the f--k down .
DEBOSS : "The ML can still be issued.........regardless of the pending court cases"
Atthe Sydney RS Nigel inferred we may stay in suspension until the arbitration was resolved or dropped. He understands the risk to share price if any uncertainly remains upon listing, ML or not.
A revised CATH deal ML is my go to at the minute . Then the other sh1t can take as long as it takes .I am fucking angry right now, not because I don't believe AVZ legality, but because NIGEL gave a strong impression that the ML , was nudge nudge wink wink in November to sophs at perth RS.
Clearly that ain't going to happen, providing false hope is not cool when longs have been head fucked for 8 months and counting.
I sincerely hope that ML is not reliant on ICC ARBITRATION, cause if it is, then ground hog day will have new meaning.....
Imo
That doesn’t sit right with me. You can’t do that to shareholders.
Is that just Nigel's way of saying the ML cannot be awarded until arbitration is sorted ? Sounds like it .
Samus
Top 20
Manono lithium/tin: AVZ Minerals in international legal crusade against Dathomir and confirms its 75% in Dathcom
December 8, 2022Kiki Kienge
By Kiki Kienge
Since the arrest of the general and technical director of Cominier (Congolese state mining company) by the Congolese justice system, following the report of the IGF (Inspection Générale des Finances) which revealed the mismanagement and the selling off of 15 % (33 million $US than the 150 million of its real value) of the shares of the Congolese company (Cominiere) to the Chinese of Zijin in Datcom, things are starting to move in Kinshasa, Manono and Perth in Australia where AVZ Minerals is headquartered.
As a reminder, the Australian company AVZ Minerals, had made an agreement to buy 15% of the shares in Dathcom (joint venture of La Cominiere and other companies) from Dathomir of the Chinese Somon Cong; After accepting and signing the deal, Dathomir went back on his signature claiming a higher sum than in the deal with AVZ Minerals, following the increase in the value of lithium and the company in international stock exchanges, after the publication by AVZ Minerals of the results of the research permit in Tanganyika on lithium. Research that would have cost the Australian company more than US$75 million.
Avz Minerals already owns 60% of the shares in Dathcom, with the 15% “bought” from Dathomir, Avz now owns 75% of the Manono lithium and tin project. Something that Dathomir disputes today, who wants to enter the project with “his 15%”.
It was on November 8 that the Perth company published a press release on its decision of its legal crusade before the International Chamber of Commerce to affirm its interests in the Manono lithium and tin project.
To read the AVZ Minerals press release translated into French from English by our editorial staff:
- the ASX release follows
Manono lithium/étain: AVZ Minerals en croisade judiciaire internationale contre Dathomir et confirme ses 75% dans Dathcom - Kongo Presse
Par Kiki Kienge Depuis l’interpellation du directeur général et technique de la Cominier (société minière de l’État Congolais) par la justice Congolaise, suite au rapport de l’IGF (Inspection Générale des…
kongopress.com
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