Yes I did edit a few words . However that was my take on it .
There were some positive take aways from AVZ's report . Enough to perhaps promote a potential successful CR . Something the Chinese/DRC became aware of and are now trying to foil. IMO
AVZ Discussion 2022
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There were some positive take aways from AVZ's report . Enough to perhaps promote a potential successful CR . Something the Chinese/DRC became aware of and are now trying to foil. IMO
cruiser51
Top 20
If you are a lawyer, wouldn't you recommend to continue the fight?
Isn't that the same as a your car mechanic recommending don't stop with your car maintenance?
At the end, if the lawyer doesn't win he will say 'Well mate we did our best', Ka fucking ching.
It is not in the best interest of a lawyer, if you kiss and make up.
If everybody did, the legal fraternity would have to take up a newspaper round, or pull beer in the pub, they are great in the talking shit department.
Mr_Tones83
Regular
Yep, I'm not disputing that the lawyers would say to keep going. Aside from the bribe-takers, they're the main winners in this saga so far.
What I meant to highlight was the fact that the DRC MoM likely hasn't had their recruited 'expert' complete the assessment as to the potential risks of the legal cases running their course as yet. If that were to be done by a competent person then it could put extra pressure on them to come to the table and get a deal done quicker.
More than likely it'll be a Zijin shill used to keep kicking the can down the road though.
cruiser51
Top 20
Don't forget that the current vice MoM, Godard Motemona Gibolum
Who knows maybe the left hand is not talking with the right hand, or he is pissed off that he is not MoM.
Creating a bit of animosity to undermine the current MoM, could well be a game of the Chinese.
I interpreted MoM letter differently also, when read in full context:
From preliminary observations, it appears that the AVZ's claims, as formulated in the said project, are
disadvantageous for the Republic where the defence team has recommended the continuation of the
arbitration as long as AVZ does not diminish its ambitions.
To wit, we will not countenance any claim to CDL, it's gone. AVZ should be happy with RD, or what's left of it. Until they accept that reality we continue arbitration. End of discussion.
AIMO
View attachment 67930
Geez you read a fair few tea leaves into that......to wit.....
"To wit, we will not countenance any claim to CDL, it's gone. AVZ should be happy with RD, or what's left of it. Until they accept that reality we continue arbitration. End of discussion."
Not sure how you managed to extrapolate all that detail and put it into the words of the MoM?
marksmann007
Regular
Nothing was or is going to happen until AVZ secure funding . We are still in the stall and bleed AVZ dry phase . IMO
marksmann007
Regular
Plenty of issues for RIO‘s jadar project..
Might be better to partner up with AVZ to support & assist in our efforts in the DRC to restore our rights & mine Manono.
Might be better to partner up with AVZ to support & assist in our efforts in the DRC to restore our rights & mine Manono.
Well at least we know that the locals at Manono will embrace Rio should Rio take up the opportunity.
Regards,
SilentOne
"Is AVZ Minerals Limited Deceiving its Shareholders and Investors to Raise Funds on the Stock Market? "
The title of this article says it all . Cominiere are sh1t scared of AVZ destroying them at ICSID .
Nigel should open up a Capital Raise to all shareholders if necessary . A limited uptake per shareholder so as not to lose control . Remember Nigel you've got back up if you need it . Lets make sure we go after these grubs to the full extent of International Law.
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Cumquat Cap
Regular
Completely agree Wonby, we need to rally around team we have who are hell bent on making coniniere and Zijin’s life fucking hell via the courts (for now hopefully not forever).
I would contribute to a raise but I’m sure it would be challenging opening up to the entire shareholder base with so many Chinese sharks waiting for a chance to build a bigger position. Tough spot but it is abundantly clear the strategy is to drain us at all costs which means they will badly lose all cases and hopefully stymie their own economy in the process.
I would contribute to a raise but I’m sure it would be challenging opening up to the entire shareholder base with so many Chinese sharks waiting for a chance to build a bigger position. Tough spot but it is abundantly clear the strategy is to drain us at all costs which means they will badly lose all cases and hopefully stymie their own economy in the process.
Agree, so is it a Capital Raise or a Fighting Fund? CR opens up to non believers. FF would be for believers. Or as someone mentioned the Company can offer shares to whomever they wish. Is this possible?
Mate, I would be surprised if RIO willingly wedged itself into the current shit-fight, regardless of Manono's world class credentials and potential for a tier one mine.
If interested, RIO will probably take the least risky option of waiting for the arbitration award to land, and dust to settle.
Having said that, DD should be a breeze; just one-page double-spaced.
Cheers
F
Flight,
Its a given of course Rio is going to wait until the dust settles in my opinion. Everyone is waiting for that.
I am definitely waiting with bated breath for outcomes from ICSID and ICC and I am sure that there is allot of interest in Manono from external parties, but Tim will tell.
The future value of the Mine, the life of the mine and the potential to influence the Lithium Spot Market makes Manono in my opinion even more valuable - you may find potentially that someone might even jump the gun, but we will see.
Regards,
SilentOne
Would the Aus government let it all crumble over unpaid ICC/ICSID fines?.
Really wish the company would announce what/if any government AU, US or EU support they've had.
Perfect opportunity to invite some gov reps to the meeting in Brussels.
Who were the advisors that got the invite in the latest announcement
?.
Really wish the company would announce what/if any government AU, US or EU support they've had.
Perfect opportunity to invite some gov reps to the meeting in Brussels.
Who were the advisors that got the invite in the latest announcement
?.
cruiser51
Top 20
I wonder who is going to be allowed to buy lithium, batteries, or EV cars (even Chinese manufactured Teslas) which have lithium ex Manono in them while this case is under dispute in front of ICC and ICSID. People tend to forget the power of ICSID.
China might have to stock all their Chinese made cars for a few years, until is sorted.
Will be fun to see how powerful ICSID is, they slowly must be getting pissed off with team DRC/China, which say we want to be a member, but you can stick your rulings up your clacker.
cruiser51
Top 20
Is definitely on the card!
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