AVZ Discussion 2022

[LOCKY82]

This outcome is being interpreted like a victory by each side, can someone please explain to me like I just learned the English language what the result actually means and what the next steps likely are from both camps? Thanks in advance

 

[Cumquat Cap]

Major loss for Zijin who brought this on, we’re told they aren’t a shareholder and hence cannot bring ICC into the fold. Zijin like cowards will never accept/acknowledge a loss so they’re saying it’s back through the courts at DRC which hold no Wright or value as JV stipulates. Zijin will have to pay avz’ legal fees also the dumb cunts. Don’t listen to 7sur it’s paid Chinese propaganda

 

[Dazmac66]

This outcome is being interpreted like a victory by each side, can someone please explain to me like I just learned the English language what the result actually means and what the next steps likely are from both camps? Thanks in advance

Read the last 2 pages brother!

 

[Azzler]

Chilax bruthas and muthas!

You're just seeing china's damage control panic spin doctoring.
Get their bullshit report on the case out first, inform all their scumbag allies like Tommy.

Hilarious that they phrase it like the ICC not having enough authority to rule on the case.

Wait for the announcement, there's gonna be good shit in it I hear.

Then lets give them all hell on twitter!

 

[wombat74]

It just shows us how f--ked up the legal system/process is . How was this case given the green light to go ahead in the first place ? It has no grounds to even is exist .The fight is between AVZ and Cominiere who illegally sold the 15% .

 

[RHyNO]

I did some deep diving on the old lithium market last night. Does anyone find it a little too serendipitous that our sudden fall from favour coincided with Gina Reinharts Lithium interests? Seems odd that AFR interest and slander and Fat Tail have sprung to existence just as Gina has set up to buy into Azure? Am I crazy? AFR is majority owned by her and fat tail are a bunch of failed hacks from the sector that would be easily swayed by a phone call from her staff. All to undermine our position so Gina could be victorious. I don’t know of her connections with Zinjin but would not put it past her. Just a theory I am hatching. Happy to be wrong. Love to to be right and get her on treason. Money talks bullshit walks. Good luck Nigel.

 

[Panther22]

Chilax bruthas and muthas!

You're just seeing china's damage control panic spin doctoring.
Get their bullshit report on the case out first, inform all their scumbag allies like Tommy.

Hilarious that they phrase it like the ICC not having enough authority to rule on the case.

Wait for the announcement, there's gonna be good shit in it I hear.

Then lets give them all hell on twitter!

Exactly. China will spin in their favor, wait till AVZ announcement. It must be due today if Chinese are writing things.

 

[Sammy_da_Smile]

Exactly. China will spin in their favor, wait till AVZ announcement. It must be due today if Chinese are writing things.

100% they will, Jin need to be on the front foot to deflect losing the first ICC they brought against AVZ. Not a good look for Jin to have it thrown out due to the jurisdiction technicality. Youd think their lawyers would have known this already? Time and money wasting perhaps? Maybe not so if they have to cover our legal expenses lol Looking forward to further details.

 

[Samus]

if they have to cover our legal expenses lol Looking forward to further details.

Hope so, cunts!

 

[JAG]

 

[Sammy_da_Smile]

Hope so, cunts!

Yup as announced

 

[Azzler]

3 Million Euros in costs for Zijin.
Now pay up cunts!

 

[Samus]

Hope so, cunts!

"The ICC tribunal held that Jin Cheng’s recourse to arbitration was unjustified, and
ordered that Jin Cheng reimburse AVZI USD 75,000 in respect of its arbitration
costs and AUD 813,474 in respect of defence costs, and that it bear its legal costs
(in excess of €3 million)."

 

[Cumquat Cap]

A Small win for the good guys, let’s see if this turns the pressure up on Felix and his rag tag ministers

 

[Dazmac66]

"The ICC tribunal held that Jin Cheng’s recourse to arbitration was unjustified, and
ordered that Jin Cheng reimburse AVZI USD 75,000 in respect of its arbitration
costs and AUD 813,474 in respect of defence costs, and that it bear its legal costs
(in excess of €3 million)."

Over $5 mill AUD!! Drop in the bucket to Zijin budget but they must be wondering why they listened to old snake head! I just wonder what Rolex boy thinks when he reads this, useless c#nt!

 

[TheCount]

3 Million Euros in costs for Zijin.
Now pay up cunts!

That amount goes to the ICC.. AVZI gets $900k.

 

[Azzler]

3 Million Euros in costs for Zijin.
Now pay up cunts!

Ok so aparrently the 3 Mil euros just refers to their own legal costs.
They would have been asking for AVZ to pay their costs, so in this announcement, AVZ is stating they lost that point and are showing how much they've spent on this.
We get just under 1 Mil AUD from Z in costs.

(Not verified info)

Still, hand over the cash you slimey pricks!

 

[Flight996]

Will Celestin's wife be preceding over this one too?

The good thing is that arbitration rulings made by both the ICC and ICSID cannot be appealed in local courts. Good luck Jin Cheng parasites.

 

[Dijon101]

Correct me if I'm wrong, but this process was to stop Zijin claiming damages against AVZ???

As in Zijin cannot claim damages against AVZ at the ICC as they are not part of the JV..

If so, just another win for AVZ.

 

[Azzler]

So what's next?
It's easy to get lost in it all.

I believe we have an ICC session on the 24th in regards to Dathomir.
At this hearing, Dathomir is to confirm that it has withdrawn it's legal action in the DRC to wind up Dathcom. They said they would do this at the last hearing.

Does anyone know what ICC action we are taking against Cominierie and if court dates have been set for this?