AVZ Discussion 2022

[LimitedEdition63]

My reading of the latest update:


ICC update
AVZ have made a jurisdictional challenge for the arbitration matter, related to whether the pre-emption rights were breached. A jurisdictional challenge is when a Respondent makes a submission challenging the adjudicator's jurisdiction to determine a dispute. ICC ruled in favour of AVZI to hear and determine the challenge.

The International Court of Arbitration of the International Chamber of Commerce18 (“ICC) is among those institutions that have empowered their respective boards or courts of arbitration to decide an objection to their jurisdiction, and thus to dismiss a case if they conclude that the institute has no jurisdiction over the dispute.

So a decision has not been made here yet. ICC could either dismiss the case if they do not believe they have jurisdiction or continue on with arbitration proceedings.



DRC tribunal decision
There has been a request by Dathomir for suspension of payments which have already been made.

Both Dathomir share purchase agreements (SPAs) are subject to arbitration agreements. My interpretation of this is that you can't just get any random run of the mill tribunal to hear arbitration matters in relation to these agreements as they have set requirements written into the agreements. Only a properly constituted arbitral tribunal has jurisdiction to overturn AVZI's acquisition. No such proceedings have commenced and the tribunal decision does not purport to have any effect on the SPAs. The tribunal decision mentioned did not happen within a properly constituted arbitral tribunal. Therefore it does not have jurisdiction. This is set out in the SPA.

AVZ considers 20 September decision immaterial. I would agree. They can suspend and hold the funds in whatever holding account they want, it does not change the fact that the transaction has occurred.
I could sell a car and receive the funds in one of my accounts by transfer. I could then give the car to the buyer then tell the bank not to transfer the funds to my main savings account...ok, so what? That doesn't mean I can get the car back.

Top effort AA, this is by far the most clear, sensible interpretation I have read on this matter on any platform, this one included. It explains why NF thinks the ML is immine I mean close

 

[Thehoneyguy]

 

[Xerof]

Here is a new Article on Monano from DRC Press

They are focusing on the electric vehicles they will produce (have a look at first picture - WTF)

Actualité | le gisement de lithium de Manono au centre des « palabres de la biennale » de Lubumbashi | mediacongo.net

Un important gisement de lithium a été découvert à Manono dans le Tanganyika. Si ce minerai fait l’objet d’une course « effrénée » dans...

www.mediacongo.net

I am hoping they are in jest, they can't be serious or is it artistic interpretation by locals of end product

A Biennale is typically a large scale art exhibition, held every 2 years. Artist will produce this stuff as an expression of opinion on any subject matter they think might be relevant.

I've been to one in Venice, and here is a good example of the stuff produced for display. This is a small aircraft turned inside out. Might be an improvement over what CongoAir are currently flying

 

[Xerof]

Not sure if you & Xerof are joking re receiving phone calls like that , but it would be worthwhile letting AVZ management know . I'm sure they would want to know about something like that .

Well, I was joking, but clearly Bags is taking it seriously. Apologies Bags if I upset you. Yes, a mention to management wouldn't go amiss, if you know what the purpose of the call was
@MoneyBags1348

 

[JAG]

 

[JAG]

 

[LOCKY82]

 

[Samus]

A whole lot more old recycled news ffs.
Going around in circles for 6 months.

 

[Sammy_da_Smile]

A Biennale is typically a large scale art exhibition, held every 2 years. Artist will produce this stuff as an expression of opinion on any subject matter they think might be relevant.

I've been to one in Venice, and here is a good example of the stuff produced for display. This is a small aircraft turned inside out. Might be an improvement over what CongoAir are currently flying
View attachment 19532

 

[Deleted member 1612]

Bloody hope he’s right

 

[Winenut]

Top effort AA, this is by far the most clear, sensible interpretation I have read on this matter on any platform, this one included. It explains why NF thinks the ML is immine I mean close

Totally agree 100%

 

[Winenut]

View attachment 19536
Bloody hope he’s right

With good 'ol Tom Richardson also going down with the ship...

 

[JAG]

With good 'ol Tom Richardson also going down with the ship...

View attachment 19538

 

[Winenut]

View attachment 19539

Nice one Jag

There's a few other shysters around that could use a good probing....

 

[Frank]

A whole lot more old recycled news ffs.
Going around in circles for 6 months.

 

[JAG]

Nice one Jag

There's a few other shysters around that could use a good probing....

 

[JAG]

 

[JAG]

 

[JAG]

 

[MoneyBags1348]

Just replying to your post so I can read it again in the light of day

Big thanks to @Mr Inappropriate, @DoubleA, @obe wan for your explanation’s on our current Arbitration, Tribunal and Court proceedings…. I’m still not sure what it all means, but then again I’m trying to shower my better half while reading the replies and posting this.

Also @Winenut perhaps those you mentioned in one of your many quality, highly expressive, informative, interesting and expletively well worded and enunciated posts, are simply vying for the gobbledegook mantel because they know there’s no chance of getting the ‘mantel of mantel’s’ off you, me, @TDITD and Mr I

Also @bloke383 and @Xerof as far as the phone call from the Chinese Embassy, it wasn’t the first, I hung up straight away and at this stage the only thing I will notify the company about is my disgust in the way they provide information to shareholders…. I’m even starting to get sus on the fucken Momentum Attorneys and the way they post information on twitter and then delete it…. Fucken incompetence everywhere.

Thankfully the tweet from Marius Mushagalusa Mihigo (who appears renowned and respected) and the letter to the Attorney General (posted on the threads today) provided a little ray of sunshine.

Only one last thing left to say…. @Cashcity, with a name like that, and you can’t afford to eat vegetables…. You deserve nothing less than this….