AVZ Discussion 2022

cruiser51

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Complete translation of previous item:

KIKI KIENGE
@KiengeKki

As in the case of #Manono #lithium where the #DRC risks paying US$10 billion, in the VERIDOS affair, the Congo is negotiating with the Germans so as not to pay US$750 million. Translated from French by Google
As in the case of #lithium of #Manono where #RDC risks
paying 10 billion $US, in the VERIDOS affair, Congo negotiates
with the Germans to avoid paying 750 million SUS.

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CEA SEP/2024/TH
RDC/ICC
THE EYE on Africa MWENGE:
analysis platform on African issues

The DRC risks paying SUS 750,000,000 in the event of a conviction by the Paris Arbitration Court (ICC) in the VERIDOS case
ICC, INTERNATIONAL CHAMBER OF COMMERCE


By Kiki Kienge

On August 19, 2021, the Minister of Primary, Secondary and Technical Education (EPST), Tony Mwaba Kazadi, gave his agreement to the international firm, in a 2017 project with the German company VERIDOS, to provide its expertise in the student identification project.

This project should make it possible to know the exact number of students in establishments, both public and private, across the entire national territory, with a view to accommodating the vision of the Head of State on the recovery of this sector.

After the Kinshasa authorities failed to comply with this contract with VERIDOS, the Germans filed a complaint before the Paris arbitration court.

On January 30, 2024, INCC sent a notification to the power of Kin Kinshasa on the complaint file, something which prompted Jean-Louis Esambo, special advisor on security matters of the President Félix Tshisekedi, to react by requesting the creation of a commission between both parties in search of a solution.

On January 17 of this year, the Paris Court notified the Congolese authorities of Jean-Louis Esambo Kangashe as special security advisor to President Félix Tshisekedi.

Even the cabinet of the new Prime Minister Judith Suminwa, on July 8, 2024, by the way of his director, requested a meeting with the Germans for Lukoki Nsimba requested a meeting with the leaders of Veridos to assess the situation of the contract

In the event of sanction from ICC, DR Congo risks paying US$250 million, plus US$570 million in damages, for a total of at least US$750 million.

But from our sources, some Congolese linked to this affair and linked to power current, would be for the DR Congo to be sanctioned, so it would have their retro commission.

kikikienge a gmail.com

4:46 AM Sep 10, 2024 272 Views
 
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Frank

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1725944305520.png

 
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Dazmac66

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The shit fight goes on and on! How can these f#kers get away with this?
 
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RHyNO

Regular
Company behind these original thefts and subsequent murder was a Chinese entity based out of Singapore called Coconut Logic, wonder if they’ve been consulted by Zijin or this is standard practice out of our Chinese friends. Cominiere bragging on weekend the avz file is empty after MoJ office broken into and MoJ subsequently poisened over weekend is fishy to say the least (fish heady I should say keeping with the Chinese theme)
Brutal for us if true. Fucking brutal.
 
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Remark

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Brutal for us if true. Fucking brutal.
"If true" is the important part of this.
 
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JasonM

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nice to hear catl shutting down a leopidite mine sending local miners up today. Hopefully bodes well for any negotiations on valuations that one can only hope are taking place.
 
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TLH

Regular
Is there any way of finding out how many shares have changed hands in the last year?
Zijin continue to steam roll along and hope there is not a reason for their growing confidence.
Would be nice to know what strategy AVZ have in place to prevent any possible hostile takeover- shareholders needs assurance we will take this all the way instead of dealing with the unknown for a every up-and-coming AGM.
Time to dilute AVZ by 50% and combine with a big American giant to back us - should have been done early on.
 
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Frank

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Pokok

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Lots of Lithium miners up big time today SYA 17% something to do with CATL's whatever , back to my vodka check it out on marketindex,com
 
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Pokok

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AND something else I can't get my head around is why another Australian wants to fuck over his fellow man I can guarantee these low life cunts would be called out one day for their actions , why they can't be happy if we all just make a little bit for life Alhamdulillah
 
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Colaci78

Member
Has anyone noticed on TSE that the page count over the past few days has gone backwards one to two pages at a time. I’ve noticed this twice. Yesterday there were 2575 pages, now 2573. I know it’s trivial, however I feel posts are being deleted??
 
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Mute22

Regular
Has shareholder fatigue fully set in?

The number of posts across all platforms has dropped off massively. No speculation, discussion or rumination rumination to be had, we're just tired..
 
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Samus

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Has shareholder fatigue fully set in?

The number of posts across all platforms has dropped off massively. No speculation, discussion or rumination rumination to be had, we're just tired..
Not much to talk about until we find out how we're going to force these cocksuckers to pay up!
DRC is a fucking disgrace and a shit hole infested by corrupt Chinese and shameless asshole crooks.
 
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Flight996

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Has shareholder fatigue fully set in?

The number of posts across all platforms has dropped off massively. No speculation, discussion or rumination rumination to be had, we're just tired..

Mr Bean Waiting GIF by MOODMAN


Just waiting for the DRC to respond to AVZ's request about changes to CAMI, which show Monono Lithium (Cominiere-Zijin JV) as the lease holder (PR 15775) over the top of AVZ's PR 13359 tenement.

If confirmed, this is a clear breach of ICSID Tribunal's Procedural Order #3 dated 16 January 2024, which among other things ordered the DRC to "refrain from taking, either through its officials, bodies, emanations or companies (...) any new act likely to call into question PR13359 or which could lead to an aggravation of the present dispute or deprive the award to be made of its effect".

The DRC's response will inform AVZ's next move about getting the ICC's daily penalties actioned.

Cheers
F
 
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Winenut

GO AVZ!!!!
Has shareholder fatigue fully set in?

The number of posts across all platforms has dropped off massively. No speculation, discussion or rumination rumination to be had, we're just tired..
Yes I think fatigue has set in for shareholders

There is little anyone can do except wait for additional announcements from tribunals and then see any response from the DRC and Cominiere's Captain Kibeya

I also think the detractor fucking arshole wankers have pulled back on all platforms.

Those dicks know there's nothing they can fucking do to change the outcome. They're banking on corruption winning and siding with the DRC bandits fucking Cong Zijin and the MMGA/Fat Tail disgrace

They've simply resorted to ongoing personal attacks on decent bona fide shareholders who have been endlessly trying for years to rake through the awful muck and get a proper legal outcome in line with DRC mining codes and international law

Filthy fucking un-Australian lowlife fuckwits
 
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Winenut

GO AVZ!!!!
Hi Shane, hi Hoots, hi Michael/Peter/Ty, hi Tommy.....

1726109833342.gif
 
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Remark

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Yes I think fatigue has set in for shareholders

There is little anyone can do except wait for additional announcements from tribunals and then see any response from the DRC and Cominiere's Captain Kibeya

I also think the detractor fucking arshole wankers have pulled back on all platforms.

Those dicks know there's nothing they can fucking do to change the outcome. They're banking on corruption winning and siding with the DRC bandits fucking Cong Zijin and the MMGA/Fat Tail disgrace

They've simply resorted to ongoing personal attacks on decent bona fide shareholders who have been endlessly trying for years to rake through the awful muck and get a proper legal outcome in line with DRC mining codes and international law

Filthy fucking un-Australian lowlife fuckwits
And the mantle is retained! Nice work Mr Nut :D
 
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robface

Regular
Mr Bean Waiting GIF by MOODMAN


Just waiting for the DRC to respond to AVZ's request about changes to CAMI, which show Monono Lithium (Cominiere-Zijin JV) as the lease holder (PR 15775) over the top of AVZ's PR 13359 tenement.

If confirmed, this is a clear breach of ICSID Tribunal's Procedural Order #3 dated 16 January 2024, which among other things ordered the DRC to "refrain from taking, either through its officials, bodies, emanations or companies (...) any new act likely to call into question PR13359 or which could lead to an aggravation of the present dispute or deprive the award to be made of its effect".

The DRC's response will inform AVZ's next move about getting the ICC's daily penalties actioned.

Cheers
F
Haven't AVZ already requested ICC fines to be paid/actioned?.
 

Mr_Tones83

Regular
My understanding is that AVZ asked the DRC govt to explain the changes to CAMI in breach of the ICSID's emergency orders of Nov 2023.

The DRC govt provided the following response to AVZ: To date, the defence team, under the coordination of the Ministry of Justice, is working on drafting the briefs which must be filed before the Arbitral Tribunal on July 31, 2024, at the latest late. To do this, I intend to urgently bring this team together to explore all the options exploit in the best interests of the country.

A detailed report will be sent to you.


The AVZ announcement of 5 Aug 2024, is here:


AVZ has made no further announcements on this issue.

Cheers
F
The letter the MoM wrote was to the Prime Minister, not to AVZ (AVZ received a copy only). It was in relation to the DRC's counter memorial that was filed on 31st July (you can see this on the ICSID website as the latest development).

AVZ had already asked ICC to liquidate the fines (have them paid). A hearing was held on that earlier and we are waiting on ICC to make a ruling.
This ICC ruling isn't waiting on anything ICSID.

The change at CAMI to show the 15775 PR being converted to PE would be investigated by ICSID separately to the ICC fines.
 
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