AVZ Discussion 2022
- Thread starter GazDix
- Start date
Xerof
Flaming 1967
Let it go Obe. My point was if deboss had said it’s P and C in that initial tweet, I would never have made my suggestion and we wouldn’t be having this conversation
TheGermanOne
Member
Another vote in full support for the current board from me.
Make Manono great again without @MMGACIC... ;-)
Make Manono great again without @MMGACIC... ;-)
Retrobyte
Hates a beer
Attachments
Bin59
Regular
Bin59
Regular
Cases
Case Details
AVZ International Pty Ltd., Dathcom Mining SA and Green Lithium Holdings Pte Ltd. v. Democratic Republic of the Congo (ICSID Case No. ARB/23/20)
- Subject of Dispute:
Mining concession - Economic Sector:
Oil, Gas & Mining - Instrument(s) Invoked:
Law – Mining Code - Applicable Rules:
ICSID Convention - Arbitration Rules (a) Original Proceeding
- Claimant(s)/Nationality(ies):
Green Lithium Holdings Pte Ltd. (Singaporean), AVZ International Pty Ltd. (Australian), Dathcom Mining SA (Congolese (D.R.)) - Respondent(s):
Democratic Republic of the Congo (Congolese (D.R.)) - Date Registered:
June 8, 2023 - Date of Constitution of Tribunal:
September 28, 2023 Composition of Tribunal
- President:
Jan PAULSSON (Bahraini, French, Swedish) - Appointed by the Parties - Arbitrators:
Salim MOOLLAN (French, Mauritian) - Appointed by the Claimant(s)
Mohamed SHELBAYA (Egyptian, French) - Appointed by the Respondent(s) Party Representatives
- Claimant(s):
DLA Piper, Paris, France and Madrid, Spain - Respondent(s):
Rachida DATI, Paris, France
SELAS OPLUS, Paris, France
Cabinet Adombe & Associés, Kinshasa, Democratic Republic of the Congo
Cabinet Mulenda, Kinshasa, Democratic Republic of the Congo
Cabinet BND LAWYERS & ASSOCIATES, Kinshasa, Democratic Republic of the Congo - Status of Proceeding:
Pending - Latest Development:
November 6, 2023 - The Tribunal holds a first session by video conference.
Just had a quick skim - basically CKK ducking for cover (even claiming tapes had been doctored etc)...
But, interesting softening of tone in last 2 paras:
Precursors or electric batteries, the ideal is to see Manono's lithium produce a real socio-economic development for the local population like copper and cobalt for the provinces of Haut-Katanga and Lualaba. This is why, several voices are rising, out of any politicization and politics, to support the pooling of efforts between all partners interested in the project, including the Congolese COMINIERE SA, the Australians of AVZ International and the Chinese of ZIJIN. Some even call for negotiations. Position defended by other stakeholders including the bishopric of Manono.
The Bishop of Manono, Mr. Vincent de Paul Kwanga, the customary chiefs, the
population of Manono, the administrator of the territory of Manono, Mr. Cyprien Kitanga, the
civil society, all want mediation between AVZ International and COMINIERE SA for the effective start of lithium exploitation. But unfortunately, COMINIERE SA would place a condition on AVZ International before any negotiation with a view to: the withdrawal of the new complaint in arbitration at the Arbitration Court of the International Chamber of Commerce (ICC). File to follow.
Again, looks like CKK back against the wall and asking for negotiations (without actually asking for them). Given our last Ann (last para) hinted at same, and both ICC and ICSID progressing in parallel you'd think there maybe some movement behind the scenes... and im sure theres absolutely no way known that we'd drop any legals without surety.
Cheers,
Powerage.
Cumquat Cap
Regular
It's obvious that ICSID would be disastrous to the DRC and their Lobito Corridor/Battery Hub plans - question is, why is Felix letting it get this far? Allowing ministers to run amok and absolutely scumbags in Celestin decide policy matters - beggars belief honestly
China .
Perhaps he using the age old method of if you gave a person enough rope eventually they’ll hang themself
Cumquat Cap
Regular
CHYYYNNAAA - fucking dogs
Azzler
Top 20
IMO Zijin and co have assured President and DRC that their MMGA Goons have the numbers to be voted in, they'd have conjured up an illusion behind the scenes that they have the support. All bullshit of course but their game is to delay and to complicate.
The tenament split is all part of this plan and illusion, they're putting on a show for the president.
It was super interesting how it all came together quickly.
Someone pointed out that the update at the CAMI portal showing the permit happend in the middle of the night, something which has never happened before, so it would cooincide with AVZ's announcment for the AGM, as well as MMGA's response.
It's all smoke and fucking mirrors and orchestrated by Zijin.
Funny thing is though I'm sure they believed there would be a least a small shareholder backlash as a result of this, a group turning against the board in panic and calling for MMGA to save them.
They got absolutely nothing from it.
They would still have another play up their sleeves ready to go after MMGA fail, probably legal action against DRC.
The show continues.
The tenament split is all part of this plan and illusion, they're putting on a show for the president.
It was super interesting how it all came together quickly.
Someone pointed out that the update at the CAMI portal showing the permit happend in the middle of the night, something which has never happened before, so it would cooincide with AVZ's announcment for the AGM, as well as MMGA's response.
It's all smoke and fucking mirrors and orchestrated by Zijin.
Funny thing is though I'm sure they believed there would be a least a small shareholder backlash as a result of this, a group turning against the board in panic and calling for MMGA to save them.
They got absolutely nothing from it.
They would still have another play up their sleeves ready to go after MMGA fail, probably legal action against DRC.
The show continues.
Last edited:
TheCount
Regular
Wonderful news - getting the first action just before an election!!
FT had better wake up and start to act..
TC.
TDITD
Top 20
Yea this was passed onto Rose Mutumbo the MOJ at a ministers council meeting. Presumably to hurry this along,so where us it then, is she part of the problem?
Her role in this is getting a free pass so far
The MOU is surely sorted now, it is under MOJ jurisdiction to sign off is it not?
Time is of the essence for DRC here. ICSID approaches with a virtually guaranteed loss, as their lawyers would have informed them.
Was AVZ passed over to MOJ by PM as he got wind the MOU was going well or even completed, PM may have known or wasnt sure MOM would sign so passed it over to MOJ knowing she would hold it up if asked?
Her role in this is getting a free pass so far
The MOU is surely sorted now, it is under MOJ jurisdiction to sign off is it not?
Time is of the essence for DRC here. ICSID approaches with a virtually guaranteed loss, as their lawyers would have informed them.
Was AVZ passed over to MOJ by PM as he got wind the MOU was going well or even completed, PM may have known or wasnt sure MOM would sign so passed it over to MOJ knowing she would hold it up if asked?
TDITD
Top 20
What if this is a move against Felix by his enemies in Government. What if PM along with MOP, MOJ are now holding this up to put pressure or possibly oust PR05?
Heard it aptly described as an excruciating Chinese nipple cripple!
Cumquat Cap
Regular
Could be on the money there Paul - Lukonde is certaintly as bent as all of them and Adele, Guy Loando are all linked to him - i'm sure he learnt alot working in Gecamines/alot of chinese connections.
Fucking disgusting
Fucking disgusting
TheCount
Regular
2 years ago I would have said you're dreaming - but this whole experience has changed my perspective on just how bad people can be. I have zero respect for the DRC and China.
TC.
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