I’ve been banging on about this for years now. And I don’t think the situation has really been appreciated by the majority of posters here. And as I have consistently said on this issue if I were in the DRC’s shoes I would take my chances in arbitration against the delisted exploration company that almost went bankrupt rather than the multi billion dollar market cap miner.'I doubt anyone would think that'
Well it’s the logical action that would be taken by a party who only thought they could win if their opponents ran out of money after seeing said opponents get money one would think. Unless they think they can win, at least partially, for other reasons. The ’southern portion 95% of value’ comment isn’t the first time Nigel has tried to frame the idea of us only getting the non mica infested south as a positive outcome.
There were two other things that Nigel said at the AGM that really stuck out to me
‘The president now has a problem: either AVZ litigates or Zijin does’
I’ve been banging on about this for years now. And I don’t think the situation has really been appreciated by the majority of posters here. And as I have consistently said on this issue if I were in the DRC’s shoes I would take my chances in arbitration against the delisted exploration company that almost went bankrupt rather than the multi billion dollar market cap miner.
‘Expects legal proceedings to end 2026/2027’
This is the exact same time frame I mentioned a few months ago. Amazing the amount of dipshits that felt the need to attack me over this forecast when my main point was that management weren’t doing themselves any favours by not giving an accurate prediction of how long this will take. It’s a good thing that the majority of shareholders apart from the clowns still saying the ICSID will be done in 2025 now understands this fact imo
‘Expects legal proceedings to end 2026/2027’
My personal concerns are how wil they pay all their costs upto then,they AVZ struggled after 12 mths to get some sort of LOCKE DEAL done.
Started with a 20 mill deal, that never happened
Ended up maybe 15 mill..??????
So the longer this bleeds out,maybe not good for AVZ
DYOR please, just IMO