The is a hearing at icc 15th to 18th October that’s news isn’t it??It’s an update which is great but it’s basically saying we in for a loooong wait
Any idea if there will be some ruling or interim order made on the 18th?The is a hearing at icc 15th to 18th October that’s news isn’t it??
Throw this into the mix : "so many exciting developments happening behind the scenes" from deboss .@geo_au - time to cut the riddles and say what you know..
TC.
The ICC hearing from the 15th to the 18th of October is for the Dathomir 2020 SPA not the emergency order for CominiereAny idea if there will be some ruling or interim order made on the 18th?
Maybe he means that he's getting company stationary with his name on it?Throw this into the mix : "so many exciting developments happening behind the scenes" from deboss .
Know idea,but still another box that must be tickedAny idea if there will be some ruling or interim order made on the 18th?
Load of shit
He’s just pissing in our pocket. What a load of bullshit. Why would he send out a little hint of hopium with the Announcement of an announcement lol? I don’t think much has changed since the last announcement of the legal proceedings.
Believe everything, then you may keep your sanity.Is this legitimate? I never know what to believe these days.
Great news!The legal proceeding update is out!:
AVZ Minerals Limited (ASX: AVZ) - Shareholder Update
AVZ Minerals Limited ("AVZ" or "the Company") wishes to inform shareholders of a unique compensation plan approved by the Board. Each shareholder will be compensated with 1 pineapple per share held in the Company as of the record date.
This initiative aims to acknowledge shareholder support and provide a tangible asset in lieu of traditional cash dividends or a successful operating mine. Distribution details will be provided in a subsequent announcement in which each shareholder will be asked to line up and take turns for "The Pinappling"
Please direct any questions regarding this update to the Company Secretary.
Thank you for your ongoing support.
By order of the Board
Jan de Jager
AVZ Minerals Limited
Carrick gets 15 million of the fucking things. I knew he knew more than we thought he knewGreat news!
I'm guessing a pineapple is worth $5 (dunno 'cos never buy them). So that means that at 1c we're receiving 50,000% of the value of our shares.
Just hope there's not a glut which would lower the re-sale value.
Maybe a staggering issue will occur, actually I'm sure it will.
There's gonna be a lot of sore botties
15 million pineappleings, they'll be ramming them up his desecrated corpse!Carrick gets 15 million of the fucking things. I knew he knew more than we thought he knew
Todays announcement is not the one promised, remember it was over the next few weeksLots of long timelines in that update that can for sure be demotivating.
But lets remember the more likely outcome is still a negotiated agreement with DRC. Keeping the court cases going is our main leverage in that respect but I think it unlikely the DRC would let it get that far given they know for sure they don't have a leg to stand on.
Our leverage is the courts.
The DRC wants a compromise, and their leverage is time - ie a solution is found sooner than it would be through the courts.
Closer we get to the court hearing, the more the DRC's leverage decreases.
June 2025 9 months away. Lets round it up to a year for an outcome from the hearing.
By that point we also have outcomes on many of the other cases too.
After putting up with ALREADY YEARS of getting screwed around by the DRC, how much time leverage do you think it would require for AVZ not to see out the court cases? I'm not a lawyer or involved with any behind the scenes discussions, but after all this can you imagine AVZ making a major compromise less the 6 months out from the massive additional leverage of having ICC cases delivered in our favour? I couldn't.
All of that is to say, we have already waited a FK%&NG LONG time.
So there needs to be a LONG time advantage to warrant a compromise that would involve ceasing legal action.
Court dates are NOT ALL THAT LONG away.
So hopefully (with a Manono-sized grain of salt) a resolution is much closer.
Comments from debos hint that there's more going on behind the scenes.
Comments from USA officals have made their involvment and position even more explicit.
Fingers crossed.
I assumed as much, and hope that's the case!Todays announcement is not the one promised, remember it was over the next few weeks
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Says who FFS.?Todays announcement is not the one promised, remember it was over the next few weeks
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You're such a tease Geo!Todays announcement is not the one promised, remember it was over the next few weeks
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Hopefully it is not something like: "the next ministerial shuffle is on the run" or "DRC want to attract Australian investors for mining operations"Todays announcement is not the one promised, remember it was over the next few weeks
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