AVZ Discussion 2022

[j.l]

I found this part to be a powerful statement:

"the decision by the High Court of Kalemie on 3 May 2023 ordering CAMI to register PR 13359 in
the name of Cominière is contrary to law because:
• it is based on the fact that the Dathcom JV was validly terminated which is incorrect (and will
be considered by the arbitral tribunal in ICC Case 27720/SP);

My memory is crap, but I recall reading somewhere that Cominiere invoked some form of force majeure clause (war in the north?) to anull the JVA.

Wonder how it will stand up...

It was probably more a case of "force du bag brown" (pronounced with French accent).

 

[j.l]

Meow meow
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Hey mate, don't get ahead of yourself. Your lion stories leave a lot to be desired

 

[Chilla]

My memory is crap, but I recall reading somewhere that Cominiere invoked some form of force majeure clause (war in the north?) to anull the JVA.

Wonder how it will stand up...

It was probably more a case of "force du bag brown" (pronounced with French accent).

Wont stand up anywhere because JV articles of association state disputes must go through ICC first before any other action.

 

[Winenut]

My memory is crap, but I recall reading somewhere that Cominiere invoked some form of force majeure clause (war in the north?) to anull the JVA.

Wonder how it will stand up...

It was probably more a case of "force du bag brown" (pronounced with French accent).

Force du sac de brun.....

 

[Winenut]

Oh my god!!

MMGA just got torn a big, fat, fucking new one as a little side show to that latest announcement from AVZ

Absolute fucking GOLD!!!

 

[j.l]

Force du sac de brun.....

I actually checked the translation for brown bag before writing that. It's "sac en papier marron."
Doesn't quite have the same ring to it.

 

[j.l]

Wont stand up anywhere because JV articles of association state disputes must go through ICC first before any other action.

Yeah I thought it implied there was something about FM that trumped it. Anyway, dodgy memory...

 

[Doc]

Oh my god!!

MMGA just got torn a big, fat, fucking new one as a little side show to that latest announcement from AVZ

Absolute fucking GOLD!!!

 

[Carlos Danger]

My memory is crap, but I recall reading somewhere that Cominiere invoked some form of force majeure clause (war in the north?) to anull the JVA.

Wonder how it will stand up...

It was probably more a case of "force du bag brown" (pronounced with French accent).

Cominiere's main reasoning for the purported termination of the JVA is the non performance of AVZ in handing over financial records within 90 days upon request and most likely some of the other claims in this letter from December 2022 that the MoM cited in the cancellation decrees as far as I'm aware

The only reference to 'Force Majeure' that I have seen in official documents is in the now confirmed by AVZ to be real new ministerial decree purportedly renewing the PR for Cominiere but it is listed on the citation for CAMI not the Kalemie high court decision

We really need a copy of the high court decision to know why the purported termination of the Dathcom JVA was allowed within the DRC. Not that it matters to our good legal title since a termination claim raised by Cominiere for non performance by AVZ must go through arbitration at the ICC under Article 18.3 then Article 11.1 of the Dathcom JVA.

 

[Winenut]

Well surely MMGA aren't looking too flash after the last announcement when their whole strategy is to align themselves with the illegal carving off of the northern part of PR 13359, appeasing the corrupt activities of Cominiere and supporting Zijin!

They're fucking toast!!!

 

[Carlos Danger]

Hey mate, don't get ahead of yourself. Your lion stories leave a lot to be desired

That was the point haha

 

[Doc]

Well surely MMGA aren't looking too flash after the last announcement when their whole strategy is to align themselves with the illegal carving off of the northern part of PR 13359, appeasing the corrupt activities of Cominiere and supporting Zijin!

They're fucking toast!!!

Thought there were some juicy X posts or something

 

[Winenut]

Oh dear MMGA....

 

[Winenut]

Thought there were some juicy X posts or something

Sorry to disappoint

 

[j.l]

Cominiere's main reasoning for the purported termination of the JVA is the non performance of AVZ in handing over financial records within 90 days upon request and most likely some of the other claims in this letter from December 2022 that the MoM cited in the cancellation decrees as far as I'm aware

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The only reference to 'Force Majeur' that I have seen in official documents is in the now confirmed by AVZ to be real new ministerial decree purportedly renewing the PR for Cominiere but it is listed on the citation for CAMI not the Kalemie high court decision

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We really need a copy of the high court decision to know why the purported termination of the Dathcom JVA was allowed within the DRC. Not that it matters to our good legal title since a termination claim raised by Cominiere for non performance by AVZ must go through arbitration at the ICC under Article 18.3 then Article 11 of the Dathcom JVA.

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Roger that.

I was probably confusing the "war in the north" bit with Game of Thrones.

 

[ptlas]

Race to break China’s lithium stranglehold heats up

China’s dominance of the EV supply chain has raised global fears of a new trade war, as tensions between Beijing and Washington intensify over critical minerals.

www.afr.com

 

[DiscoDanNZ]

Sorry to disappoint

I was hoping the Tommy story had come out while I was at work.

Great announcement today, a nice big please go and fuck yourselves to all that are against us.

 

[Winenut]

Good bit of info on the emergency relief from the crapper

 

[Bin59]

AVZ Ann in the AFR, but the link doesn’t take you to the story, just the announcement. Can someone please post the whole article, thx

https://company-announcements.afr.com/asx/avz/a6d43d37-76c8-11ee-822f-c66395c1eae0.pdf

 

[Carlos Danger]

AVZ Ann in the AFR, but the link doesn’t take you to the story, just the announcement. Can someone please post the whole article, thx

View attachment 48390

https://company-announcements.afr.com/asx/avz/a6d43d37-76c8-11ee-822f-c66395c1eae0.pdf

It's just the announcement not a story. AFR also publish company announcements separately.