Maybe AVZ could file an ICSID claim for royalties against Zijin Mining. If the north is lost through illegal expropriation, then maybe pick up an income stream from those sleazy bastards. Seems like there is a precedent (below).
The estate of a British businessman in the mining sector has lodged an ICSID claim against Mexico, as it seeks royalties from a Mexican lithium project that is the subject of another case at the centre.
globalarbitrationreview.com
Cheers
F
I have thought about this, the biggest problem for us with this is still the corruption. DRC have problems tracking how much is being shipped out, China lies/bribes and can manipulate pricing so our "royalty" is not worth anything.... kind of like they have done to the entire lithium supply chain, miners operating at a loss\no margin and not cutting production... just like wtf.
AVZ doing it's bit fighting in the courts and winning . It's now up to whoever wants Roche Dure to make it work . The DRC maybe blocking AVZ , but AVZ is blocking the potential buyer. Surely something can be arranged$$ for AVZ to walk away ?
I thought we can have the asset seized/reclaimed if we don't advance the project and just shop it around for a sale or don't develop it?
Which is why
WE WANT to develop the resource and see it through to mining, its certainly not up to "whoever wants Roche Dure". DRC need to grant the ML and respect their own laws and we will get funding and go mine, relist etc - the project economics are proven now.
As forum posters we can say whatever we want.. If AVZ tries to play the quid pro quo game or do anything not absolutely 100% by the book, we lose - NF warned shareholders about that long ago, its a trap to trick us (which is why they never paid bribes, greased the wheels or did anything underhanded and also why we are winning cases now).
It would have been nice to have the corruption disclosed earlier but I was probably too blind/deaf to it all anyway.