AVZ Discussion 2022

[JasonM]

sounds to me they've agreed to sit down and thrash out a deal. backs up geo's claim ml for north and south coming.
I can only hope until the next time we're fucked over by something.

 

[Deleted member 2378]

Is it more likely that there is an agreement to suspend rather than an order to suspend in this case? Surely AVZ would have had fierce objections to the ordering of a suspension.

(3) The Tribunal shall give the parties the opportunity to make observations before ordering a suspension pursuant to paragraph (2).

After cominiere laughed about the provisional measures I don’t think it’s likely that AVZ would agree to a suspension of the proceedings. Our management knows the DRC is not trustworthy and the proceedings can only be stopped if the DRC follows their laws and give us a ML. A suspension with delay of the proceeding dates would be a shot in the own knee, because the proceedings could easily continue until the DRC really follow the rules and laws or a deal is done. Personally I think the DRC lawyers found a way against the measures or a way to delay the proceedings.

 

[wombat74]

I think it’s a delay tactic from the DRC.
c) a modified procedural calendar to take effect on resumption of the proceeding, if necessary.
That would also mean, if a final order really exist for measures, it’s suspended now.

After trading suspension the chance against the trading suspension is suspended. Ironically.

Not surprised . Has been stall and delay tactics from day 1 of this sh1t fight . It's the only way they can defeat AVZ .

 

[wombat74]

After our recent ICSID victory I'd like to start seeing photos of the AVZ team on sight at Roche Dure and at the Power Station . Maybe Nigel in a hard hat and a shovel in his hands (or a riffle ).

 

[Mr_Tones83]

After cominiere laughed about the provisional measures I don’t think it’s likely that AVZ would agree to a suspension of the proceedings. Our management knows the DRC is not trustworthy and the proceedings can only be stopped if the DRC follows their laws and give us a ML. A suspension with delay of the proceeding dates would be a shot in the own knee, because the proceedings could easily continue until the DRC really follow the rules and laws or a deal is done. Personally I think the DRC lawyers found a way against the measures or a way to delay the proceedings.

Cominiere were laughing because they were saying they weren't a party to the ICSID arbitration. But they are ruled by the MoP and the government. If the government have formalised something to discuss with AVZ to avoid proceedings going any further then maybe (just MAYBE) management is willing to see what can be done.
Caveat being we all know how untrustworthy everyone involved has been so far.
Guess we'll find out sooner or later...

 

[Frank]

Not neccessarily public criticism but I fully endorse full engagement and your 3rd and 4th points make a lot of sense

• Now would be a perfect opportunity for our federal government to build a relationship with the DRC and introduce an ambassador directly to the DRC
• Would be a perfect opportunity for Serge, Dr Casta, Ambassador Salmone & Balthazar to go over and do long form interviews or podcasts with someone like Kiki as well as another one of those small video documentaries of them at site and with the locals

Get jonnno @jonnnono in there as well

He is truly a champion for the good of the DRC

View attachment 56055

Get jonnno @jonnnono in there as well

He is truly a champion for the good of the DRC

https://x.com/jonnnono/status/1754855212521529725?s=20

 

[timb89]

I think it’s a delay tactic from the DRC.
c) a modified procedural calendar to take effect on resumption of the proceeding, if necessary.
That would also mean, if a final order really exist for measures, it’s suspended now.

After trading suspension the chance against the trading suspension is suspended. Ironically.

Wouldn't AVZ have had to agree to the suspension though? I can't see Nigel taking the Nuclear option down ICSID and DRC going "Ok ok we are ready to talk" and Nigel just saying "Oh ok".

Surely, to suspend proceedings (that were going in our favour) he would have had agreed to suspend under certain minimum conditions?

 

[Cumquat Cap]

I think it’s a delay tactic from the DRC.
c) a modified procedural calendar to take effect on resumption of the proceeding, if necessary.
That would also mean, if a final order really exist for measures, it’s suspended now.

After trading suspension the chance against the trading suspension is suspended. Ironically.

Yeah i'll probably avoid taking anything on board from you, i'm sure you think all could be sorted if Management resigned, you are a troll and cocksucka

 

[Cumquat Cap]

100% avz would have had to agree to suspension - arbitration courts don't work to serve the entity who is being shown to be corrupt - unless they have proven an arbitrator is biased it would have had to been accepted by avz

 

[Scoota30]

My pleb understanding of the situation was that the ICSID proceedings would only agree to be suspended if the DRC signed an MoU with a specific date period assigned to it - i.e 30 or 60 days to do all of the below stated otherwise the ICSID proceeding continues to roll on.

Either way, that ICSID suspension is on the 2nd of Feb, it is now the 7th of Feb. Does it take 5 days for a pigeon to get from ICSID to AVZ and then from AVZ to the ASX? Wtf is going on.

 

[Carlos Danger]

Wouldn't AVZ have had to agree to the suspension though? I can't see Nigel taking the Nuclear option down ICSID and DRC going "Ok ok we are ready to talk" and Nigel just saying "Oh ok".

Surely, to suspend proceedings (that were going in our favour) he would have had agreed to suspend under certain minimum conditions?

100% avz would have had to agree to suspension - arbitration courts don't work to serve the entity who is being shown to be corrupt - unless they have proven an arbitrator is biased it would have had to been accepted by avz

This requires an official announcement from AVZ to explain the exact reason for and duration of the suspension. Right after Nigel works out how much cash bonus he receives for doing his fucking job obvs

Chapter VIII: Suspension, Settlement and Discontinuance | ICSID

icsid.worldbank.org

Rule 54: Suspension of the Proceeding

(1) The Tribunal shall suspend the proceeding by agreement of the parties.

(2) The Tribunal may suspend the proceeding upon the request of either party or on its own initiative, except as otherwise provided in the ICSID Administrative and Financial Regulations or these Rules.

(3) The Tribunal shall give the parties the opportunity to make observations before ordering a suspension pursuant to paragraph (2).

(4) In its order suspending the proceeding, the Tribunal shall specify:

(a) the period of the suspension;

(b) any relevant terms; and

(c) a modified procedural calendar to take effect on resumption of the proceeding, if necessary.

(5) The Tribunal shall extend the period of a suspension prior to its expiry by agreement of the parties.

(6) The Tribunal may extend the period of a suspension prior to its expiry, on its own initiative or upon a party’s request, after giving the parties an opportunity to make observations.

(7) The Secretary-General shall suspend the proceeding pursuant to paragraph (1) or extend the suspension pursuant to paragraph (5) if the Tribunal has not yet been constituted or if there is a vacancy on the Tribunal. The parties shall inform the Secretary-General of the period of the suspension and any terms agreed to by the parties.

 

[Dave Evans]

Yeah i'll probably avoid taking anything on board from you, i'm sure you think all could be sorted if Management resigned, you are a troll and cocksucka

Exactly mate, look at the panic set up by that german histrionic der geist clone. It’s one of the reasons I gave up putting information on the main thread.

 

[marksmann007]

Hey Dave for those here not on X I see you posted Zijin now have 16 drill rigs operating on the area illegally seized from Dathcom.

That sounds like an unprecedented large number of drill rigs on site as the DRC authorities continue to look the other way.

 

[Penskefile]

Beginning to wonder if this shitfuckery would’ve been over by now if MMGA muppets had been voted in.

I’ll see myself out

 

[CHB]

Beginning to wonder if this shitfuckery would’ve been over by now if MMGA muppets had been voted in.

I’ll see myself out

Yeah it would have and so would your money.

 

[Cumquat Cap]

yeah it would be at about 15 cents a share

 

[robface]

yeah it would be at about 15 cents a share

Still a profit

 

[Dazmac66]

Surely the suspension means negotiations are taking place. Not sure why we have not had an update if suspension was imposed on the 5th - announcement surely incoming.

 

[Mute22]

Still a profit

15c with no ML and the current sector sentiment would be a pipe-dream. Think <5c.

 

[Scoota30]

Surely the suspension means negotiations are taking place. Not sure why we have not had an update if suspension was imposed on the 5th - announcement surely incoming.

2nd of Feb not 5th* Pigeons do take a while though.