AVZ Discussion 2022
- Thread starter GazDix
- Start date
MoneyBags1348
Top 20
MoneyBags1348
Top 20
Ok, ok…. I know that’s enough!!
Sammy_da_Smile
Regular
Tell me in writing where it says we are not at ARBITRATION and I'll apologise.
Where does it say we are at ARBITRATION??
First sentence of the ann?? Company provides an update on the ARBITRATION proceedings before the ICC in Paris.
AVZ have filed its response. Note the word here "FILED ITS RESPONSE".
Which is oh wait, let me do some research here,
cause err umm I need to use my brain
Arbitration - ICC - International Chamber of Commerce
With 12 case management teams across the globe, we stand ready to assist you at any stage of your dispute.
iccwbo.org
What does that heading say you might ask?
Commencing the ARBITRATION
Responding to the request is Article 5 which we have done and also the last paragraph from the ann, the ICC will now decide whether the tribunal will consist of one or three arbitrator's.
This step is article 12.
Am I actually a dumb dog? How can one think we aren't at arbitration?
Can you explain why you think we are not arbitration?
I think the theory is that Zijin have openly said they are giving the 15% back. Essentially this being an admission of wrongdoing. Therefore proceeding with arbitration for that 15% would seem counterintuitive.First sentence of the ann?? Company provides an update on the ARBITRATION proceedings before the ICC in Paris.
AVZ have filed its response. Note the word here "FILED ITS RESPONSE".
Which is oh wait, let me do some research here,
cause err umm I need to use my brain
Arbitration - ICC - International Chamber of Commerce
With 12 case management teams across the globe, we stand ready to assist you at any stage of your dispute.
View attachment 14700
What does that heading say you might ask?
Commencing the ARBITRATION
Responding to the request is Article 5 which we have done and also the last paragraph from the ann, the ICC will now decide whether the tribunal will consist of one or three arbitrator's.
This step is article 12.
View attachment 14701
View attachment 14690
Am I actually a dumb dog? How can one think we aren't at arbitration?
Can you explain why you think we are not arbitration?
Sammy_da_Smile
Regular
Hey M, yes that's fine and i get that and as I said earlier, if the news is true then Zijjn will have rescind the arbitration request.
One tweet regarding the potential 15% being returned does not magically mean arbitration isn't happening. It would simply mean in due course that the arbitration request will be withdrawn for which it should be.
No doubt the sensible approach to these things. As we’ve learnt, sources are hard to trust, even when it appears to be AVZs lawyers. Fingers crossed for clarity soon!
MoneyBags1348
Top 20
Geez, here I am trying to organise getting a Manono board game going. @JAG has gone missing, although I think he reported he was well on the way to drunkeness a few hours ago and all the talk is on arbitration. The ICC informed AVZ of Zigin’s actions, AVZ informed the ICC they wanted 3 arbitrator’s. The ICC will have to notify AVZ of Zigin’s actions as soon as official and then AVZ will have to notify ASX as soon as official because it’s price sensitive. So sit back and have an official cone while you wait, geez when has AVZ ever been on time?! By the way, I choose to believe this twitter news, and I’m also choosing to believe it comes straight from Nells. Looks like I’m just going to have to email GameStop to get this board game going
Misfits
Regular
Agree, enough. So much crap on here of late. Good that Fox keeps posting.
The Fox
Regular
Well boys and girls, what an interesting 24 hours, how things can turn and turn quickly. Sure there are some outliers to rope and bring in, however the Zijin fiasco is all but dead and buried.
Finally we are at the pointy end of the stick and in coming days more positive information and announcements should follow. Very good chance IMO of announcements and out of suspension by the end of this week, assuming no more delays on the DRC / Cami side of things. Let's see what tomorrow brings.
Good to know big Nigel is now in town (meaning the DRC) ready to accept the ML and attend the signing ceremony.
Cheers The Fox
Finally we are at the pointy end of the stick and in coming days more positive information and announcements should follow. Very good chance IMO of announcements and out of suspension by the end of this week, assuming no more delays on the DRC / Cami side of things. Let's see what tomorrow brings.
Good to know big Nigel is now in town (meaning the DRC) ready to accept the ML and attend the signing ceremony.
Cheers The Fox
The Fox
Regular
PS. Sorry, no word as yet on the Northern section. Frankly, don't care that much as RD has enough Lithium for 100 years.Well boys and girls, what an interesting 24 hours, how things can turn and turn quickly. Sure there are some outliers to rope and bring in, however the Zijin fiasco is all but dead and buried.
Finally we are at the pointy end of the stick and in coming days more positive information and announcements should follow. Very good chance IMO of announcements and out of suspension by the end of this week, assuming no more delays on the DRC / Cami side of things. Let's see what tomorrow brings.
Good to know big Nigel is now in town (meaning the DRC) ready to accept the ML and attend the signing ceremony.
Cheers The Fox
The Fox
Regular
Cheers Big Ears.
Funny thing is that you get a bit of news and for what ever reason it changes, then changes again and again. I've cracked the champagne a few times in the last couple of months only to be advised, Oh, there's a delay, oh there's another issue to sort out, so I have been very hesitant to say much.Only days ago the feedback on the ground was so confident and forthright that I felt confident of sharing some info. I likely got the same intel that Nellie did a couple of weeks ago when it was expected Zijin was dust, but thought it best to keep my powder dry a little longer just in case the timeline blows out again, and it did.
As I've said before, Nellie was on the money at that time as there was significant confidence around major announcements being made in AVZ's favour a week and a half ago.
The video of Zijin's capitulation was almost a week ago BTW, thats how long it takes for these things to come out sometimes. So in short, it takes more time then expected (obviously) for things to flow through not just to the public but to Cami and the Ministry of Mines to organise issuance of surface rights and payment, and a signing ceremony etc, all of which is out of AVZ's hands timeline wise.
High confidence that later this week AVZ is out of suspension with a bunch of positive announcements.
Cheers The Fox
Last edited:
bloke383
Regular
I don't think Nigel would want that much talk from our lawyers until everything is signed , sealed , & delivered via ASX announcements
Make sense
oxxa23
Regular
along with possibly laying low and letting the DRC govt take the limelight on the corruption clean out... nigel knows better than to even remotely resemble stealing the thunder from a govt...
he's (frustratingly) shown this whole time he can play the patient, low key game...
Skar
Regular
You gotta wonder if this TH hasn't been a godsend for him not having to worry about announcing every thing he is working away on in the background, under the guise of letting things take their due course... he can get everything done, leaky ships not detrimental & share price cant be messed with, then drop the news once its all sorted... if we have an ML, FID, SEZ, possible new BFS with an upscaled 10 Mtpa mine... then transport sorted the railroad and two ships was it? whatever multi jurisdictional agreements and collaboration on battery council... its all rumour but there has been some very interesting chatter around here and the other place (thanks for the conversion table too).
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