AVZ Discussion 2022

[Mr_Tones83]

I read on X that der geist (or one of his 500 aka's) thinks the AUD1.4m was clearly raised to settle the claim from Shane in his letter demanding AUD1.37m for lost income

Gee, he just might be on to something there, or might be on something there

Another case of Shane thinking the world revolves around him would be my take on it

 

[Xerof]

Another case of Shane thinking the world revolves around him would be my take on it

My earlier post should be read as dripping sarcasm, but I also read on X that Shane appears to be a disciple of Bin Gou. In case you haven't worked it out by now, he's the prick that warehouses shares for CCP (one of many), and he actually managed to convince MATH and Co to launch their board coup - just coz he wants his money out, apparently. He even recommends we phone Bin for a chat, as he seems a very nice man who knows everything that aligns with Shane's POV

Margarita time here

 

[TheCount]

I read on X that der geist (or one of his 500 aka's) thinks the AUD1.4m was clearly raised to settle the claim from Shane in his letter demanding AUD1.37m for lost income

Gee, he just might be on to something there, or might be on something there

Let me guess - the 3 likes his post got were from his other 3 known accounts?
TC.

 

[Samus]

These guys. Driving around in a 400k G wagon.

Couldn't possibly be corrupt driving around in a brabus G wagon as his constituents grovel around in the dirt for $2 a day.
Fuck I am sick of these assholes.

 

[Mute22]

 

[Flight996]

Just FI:

According to Global Aribtration Reviews (https://globalarbitrationreview.com/) today, Australia’s Sundance Resources has agreed to settle its US$17.6 billion ($AU26.7 billion) ICC claim against the Republic of the Congo over the expropriation of its mining licences and tenements.

While not the DRC, it's the principle that matters.

The back story to the dispute and eventual settlement is that Sundance Resources had been developing the Mbalam-Nabeba Iron Ore Project for over a decade. This project was intended to be a significant high-grade iron ore operation spanning the border of Congo and Cameroon, with a planned production of 40 million tonnes per year for at least 29 years.

In late 2020, Congo unlawfully expropriated the exploitation permit for the Nabeba iron ore tenement held by Sundance's subsidiary Congo Iron SA (sound familiar?). This action prompted Sundance to initiate arbitration proceedings against Congo at the International Chamber of Commerce (ICC) on March 25, 2021.

Sundance's claim against Congo was based on:

1. Breach of various provisions of the Nabeba Convention
2. Violation of the guarantee against expropriation

This dispute highlights the complexities and risks involved in international mining projects, particularly in regions with weak or evolving regulatory environments, or as in the case of the DRC, endemic corruption.

Cheers
F

 

[Pokok]

View attachment 68697
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After reading I thought it was FRIDAY

 

[BEISHA]

Just FI: According to Global Aribtration Reviews today (https://globalarbitrationreview.com/)

Australia’s Sundance Resources has agreed to settle its US$17.6 billion ICC claim against the Republic of the Congo over the expropriation of its mining licences and tenements.

While not the DRC, it's the principle that matters.

The back story to the dispute and eventual settlement is that Sundance Resources had been developing the Mbalam-Nabeba Iron Ore Project for over a decade. This project was intended to be a significant high-grade iron ore operation spanning the border of Congo and Cameroon, with a planned production of 40 million tonnes per year for at least 29 years.

In late 2020, Congo unlawfully expropriated the exploitation permit for the Nabeba iron ore tenement held by Sundance's subsidiary Congo Iron SA (sound familiar?). This action prompted Sundance to initiate arbitration proceedings against Congo at the International Chamber of Commerce (ICC) on March 25, 2021.

Sundance's claim against Congo was based on:

1. Breach of various provisions of the Nabeba Convention
2. Violation of the guarantee against expropriation

This dispute highlights the complexities and risks involved in international mining projects, particularly in regions with weak or evolving regulatory environments, or as in the case of the DRC, endemic corruption.

Cheers
F

I remember the Sundance story well, including half the BOD perishing in a aircraft crash. Common denominator there also, was China influence .

Surprise, surprise.

Cameroon: new frontline in China-Australia trade war? – The North Africa Post

northafricapost.com

 

[Mute22]

Day 842 since going into suspension.

 

[BEISHA]

Day 842 since going into suspension.

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I am a bit like this...

 

[LX600]

https://hotcrapper.com.au/asx/sdl/discussion/

Why toilet is also active in Sundance

 

[taofufa]

I remember the Sundance story well, including half the BOD perishing in a aircraft crash. Common denominator there also, was China influence .

Surprise, surprise.

Cameroon: new frontline in China-Australia trade war? – The North Africa Post

northafricapost.com

SDL, that's the first share I invested.

 

[Lucas Don Velor]

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x.com

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Hope he doesn't break both legs and cancel his visit!

 

[Frank]

x.com

x.com

 

[Frank]

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x.com

x.com

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x.com

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x.com

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[Jazz]

Africa down under schedule for day two:

 

[Dazmac66]

Africa down under schedule for day two:


View attachment 68714

Thanks for posting Jazz but seriously there is more chance that DLA Piper will announce they are giving AVZ a small discount on their latest invoice than this bloke showing up in Australia!

 

[Jazz]

Thanks for posting Jazz but seriously there is more chance that DLA Piper will announce they are giving AVZ a small discount on their latest invoice than this bloke showing up in Australia!

Well we can live in hope that there's a chance that both of these can happen. Makes little to no difference if he shows up anyway.

 

[JasonM]

Thanks for posting Jazz but seriously there is more chance that DLA Piper will announce they are giving AVZ a small discount on their latest invoice than this bloke showing up in Australia!

I think he'll be showing. he's had plenty of time to consider attending and would know the smell around the manono situation, so why put your name up to only pull out last minute? Doesnt make sense to me but then who really knows with the drc. I optimistically view it as an opportunity for avz and the mom to meet behind closed doors in a safe, non chinese scum bag environment.

Is anyone going to this event? If so, would be great to get some feedback.

 

[Flight996]

Africa down under schedule for day two:


View attachment 68714

I see that the Hon David Michael MLA, the WA govt's minister for mines and petroleum has a speaking spot on day two.

I assume that AVZ's Chairman has briefed with him about its situation in the DRC. While the minister probably will not mention it in his talk, there will be opportunities where the issue can be discussed on the sidelines.

Let's face it, we have nothing to lose; Red Penny and her trade minister have been MIA for the entirety of AVZ's suspension.

Cheers
F