AVZ Discussion 2022

Anyone know how much was owed and if AVZ had enough to even pay (if it was then or if they had enough to cover DRC)......?
 
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Hemicuda

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I'm curious whether geo's hint is related to this or whether it is invalid again.

it looks like another stalling tactic of the drc heist crew...incredible.
Geo is just full of shit like all the others ffs
 
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ICSID Administrative and Financial Regulation 16(2)(b) specifies that, in the event of non-payment by a party in arbitration proceedings, the Secretary-General may request the other party to make an advance payment on behalf of the non-paying party.

If fees remain unpaid after an ICSID case is suspended for non-payment, the proceedings may be permanently discontinued. ICSID allows for temporary suspension initially, giving parties time to fulfill their financial obligations. However, if payments are still not made after this period, the tribunal may issue an order for discontinuance. This effectively ends the arbitration process, and no further rulings or awards are issued on the dispute.
The non-paying party could face reputational damage, as well as limitations in pursuing future ICSID claims.
What a fucking joke that is. Definitely our opponents who haven't paid, more stalling tactics. This ICSID system is so ridiculous. Delay, delay, delay, delay, oh yeah, I can't pay, let's delay some more and see if my adversary will spot me :rolleyes: Incredible.

As others stated, they don't give a single fuck about reputational damage. They really are doing a good job on beating down on our willpower. Feels mentally draining every time there's an update.
 
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wombat74

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Anyone know how much was owed and if AVZ had enough to even pay......?
Surely Nigel would have been obliged to inform share holders of the situation and passed the tin around if AVZ was short ? Looks to me like more stall and delay tactics . What I want to know is can we still put the case before ICSID even if the DRC are a no show . If we can then that's a huge win for AVZ . What is the point of f--king ICSID if the guilty party can just walk away and not be punished . It makes no sense . What we need now is the Locke funds to show these c--ts we can drag their arses to the ICSID . I suspect @geo_au's promised jump for joy announcement is in regard to funding .
 
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Mr_Tones83

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Surely Nigel would have been obliged to inform share holders of the situation and passed the tin around if AVZ was short ? Looks to me like more stall and delay tactics . What I want to know is can we still put the case before ICSID even if the DRC are a no show . If we can then that's a huge win for AVZ . What is the point of f--king ICSID if the guilty party can just walk away and not be punished . It makes no sense . What we need now is the Locke funds to show these c--ts we can drag their arses to the ICSID . I suspect @geo_au's promised jump for joy announcement is in regard to funding .
If the DRC no-show then the case goes on... as long as it is funded for the tribunal to make a judgement based on the merits of the case. If the respondent doesn't pay their fees then it's up to AVZ keep the arbitration lights on (they won't automatically rule in favour of AVZ if the DRC don't pay though).
The non-funding and other antics would of course all be taken into consideration in the final rulings.
 
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aon

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Geo is just full of shit like all the others ffs
Well anyone suggesting we should be smiling (I'm certainly not smiling) I would suggest that needs to be addressed awful quick imo.
 
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aon

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Well anyone suggesting we should be smiling (I'm certainly not smiling) I would suggest that needs to be addressed awful quick imo.
This is way outside the 📦, beyond lateral thinking i feel, so forgive me if you think I'm stupid (which I probably am having got caught in this shit show come f'g disaster) but IF a deal has been done to our benefit 🤔 already, i guess we/they don't need to be paying icsid....in any case
 
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aon

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Just saw the email.
So this venue is tightening our belt.
I wonder if there will be screaming toddlers in the next room.
I won't be there to find out.
huh, gosh, go figure, some thought 🫧, 36 dodd st you say....how many mum 👨‍👩‍👧 and dad investors would that hold roughly ???? 🤔
well...probably nothing but I'm confused, living in the bush better light the camp fire 🔥 and boil a billy, mmhh... hey are there fire bands in WA at this time?

ps Just looking at pics of the Auditorium at 36 dood St...it's really, really big! huge, now will we be in the large concert hall or some small partitioned off section I wonder..
 
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Jazz

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IMG_5597.png
 
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CHB

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Hemicuda

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wombat74

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TheCount

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He had "more freedom to speak" BEFORE he was our supposed "advocate" so those words are bullshit.

All talk and no substance. I'm growing very tired of all those saying they've got "something to say" and fail to follow through.

Yes, I'm talking to you too @geo_au - you owe the forum an update. Even if you create a private conversation with those you know are safe - that's a start.. Well overdue for your "end game news".
TC.
 
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Dazmac66

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Time to move on from Geostradamus!
 
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TLH

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huh, gosh, go figure, thought 🫧, 36 dodd st you say....how many 👨 🧍‍♂️mum and dad avz'ers would that hold roughly ???? 🤔
well...probably nothing but I'm confused, living in the bush better light the camp fire 🔥 and boil a billy and get use to it I suppose, mmhh... hey are there fire bands in WA at this time?

ps Just looking at pics of the Auditorium at 36 dood St...it's really, really big! huge now will we be in the large concert hall or some small portioned off section I wonder..
It is a better place for an AGM. Easy parking and nice rooms.
 
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RHyNO

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Panther22

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Who is making the trek to Perth for the AGM? Is it worth going? Will we be able to ask questions and get answers or same as last year?
I don't really feel like spending more time & $$$ for little information and just the 2 resolutions of electing Directors.
 
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Bray

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Geo is full of shit - it’s proven

Wank wank wank
 
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Doc

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tonster66

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He had "more freedom to speak" BEFORE he was our supposed "advocate" so those words are bullshit.

All talk and no substance. I'm growing very tired of all those saying they've got "something to say" and fail to follow through.

Yes, I'm talking to you too @geo_au - you owe the forum an update. Even if you create a private conversation with those you know are safe - that's a start.. Well overdue for your "end game news".
TC.
Geo owes a public explanation as he released his shot publicly
 
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