From Amovatio on the Crapper.
Danny, did you give any thought to the chronology of current and future events in relation to your statement? Why would AVZ walk away and cancel the legal proceedings when the Court hearing is scheduled to kick off in under 4 weeks? AVZ would lose its strategic advantage if it withdrew the legal proceedings before the ICSID without any form of confirmed settlement to our claim.
What would be the catalyst for a buyout/payout to occur when the USA hasn’t signed an Agreement with the DRC and there is no commitment from either party to include AVZ’S CLAIM in the settlement terms. KoBold metals and RIO would not be interested until the USA Administration has a formal legal commitment.
AVZ Lawyers and the ICSID judicial party are about to issue subpoena's on the DRC to ensure they have adequate time to arrange flights to the hearing.
The ICSID Hearing may not be a critical timeline on the agenda of the USA but you can bet it’s a high priority for the DRC.
Why hasn’t the DRC been more proactive in looking for a settlement? The answer is simple, they just don’t understand the context of International Law and don’t get the actions they orchestrated against AVZ were in fact illegal.
I don’t think they even understand the complexity of the organisation that has to happen for delegates from the DRC, Cominiere, Dathomir, Zijin Mining group and the President of the DRC all having to attend the Court Hearing to take the stand and answer questions from AVZ Lawyers to give context to the depth of corruption and fraudulent actions that caused AVZ's Mining Licence to be cancelled. I can see them all lining up one by one and throwing each other under the bus if the Court hearing is to go ahead.
The DRC is about to learn in a big way what is going to happen one way or another and very soon. Any agreement the DRC signs with the USA (before June) will most certainly include, the settlement terms AVZ has submitted under its claim before the ICSID Hearing or should the ICSID Hearing go ahead as scheduled the payment terms from the verdict decided upon from the ICSID including the totality of fines and sanctions that are handed down (2-3 months post hearing).
IMO the USA has already stipulated to the DRC and Rwanda they need to sign a Peace Deal asap before the USA will sign off on any Minerals deal. The Declaration of Principles which they both signed was a significant step they both signed for peace and prosperity in their regions More recently both regions submitted their terms to the USA administration for the Peace deal suggesting these ISSUES are of extreme importance.
The compelling date for the DRC, more importantly, is very soon (before June), not in a couple of months, so this is becoming very urgent for them and they seem to be moving quickly, with very good reason.
In President Trumps's first 100 days he suspended the payment of $4M in international AID to the DRC and Rwanda and said he would review this over the next 3 months. Well that time is about now so the USA is also using this as leverage.
If the price being paid to AVZ is going to come from USA financial sources or investment companies there is every reason for the DRC to get a settlement done with AVZ asap. The total investment being discussed with the USA including the Lobito corridor and other Mining projects for copper, cobalt, uranium and many other critical minerals on the USA agenda put the payout to AVZ as being relatively small.
Nigel and Piper lawyers are in the USA so we know their presence in country has significance and meetings/ negotiations we can assume are happening to bring about an amicable resolution.
AVZ SHS would all be hoping a settlement announcement is made very soon or we continue with our Claim before the ICSID.