Cumquat Cap
Regular
How hard would it be to not speak/communicate about the mountain of shit and corruption they’ve dealt with at every step. Fuck these DRC goons
AVZ Discussion 2022
- Thread starter GazDix
- Start date
RHyNO
Regular
Totally, I’d have “can you believe what these c***s have done now” set as a shortcut for every Twitter post. GO NIGEL!!!!
just wondering here. I thought the icisd case that was originally planned to commence on june 23rd was the actual commencement of the court case, was that correct? So they had a one month pause and so it was hands down for everyone and we dont have a new commencement date. so the actual delay by taking the one month pause is months? so agreeing to the delay has actually had a very big impact on the timelines. is my understanding correct?
are we getting fcked over or what.
are we getting fcked over or what.
Yep, that's my take on it. Restart proceedings and incur all the rescheduling delays.
Retrobyte
Hates a beer
One or both parties need to advise the court what they would like to happen next (eg. continue with proceedings, request a further suspension), and then the court has to find dates in the calendar to resume proceedings.
I asked the same question on 23rd June but haven’t had an answer. I think it’s imperative we get the hearing underway ASAP, just as important as the ICC win last week. Get all the wins and favourable rulings on our side of the ledger. No more Mr. Niceguy delays.
And delays everyone . Not just us . Kobold still silent ?
Which one of the following could be a possibility ?
A: The DRC/China have no intention , never had any intention , of doing a deal with the West for Manono.
B: DRC are holding out for a slice $$$ of the action re AVZ compensation settlement .
C: China want this held up as long as possible so CDL is up and running /shipping before anyone steps foot on Roche Dure .
D: None of the above ?
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Winenut
GO AVZ!!!!
E: All of the above
Anyone else following the Chinese takeover of PEK with interest and a feeling of incredulity?
There seem to be two sets of government policies around FIRB intervention, and inconsistent application of the same national interest rules.
Oh, and after two years, still no response from Minister Wong about what, if any assistance her department provided to AVZ in its David vs Golliath fight against the corrupt DRC government and their scheming Chinese masters.
Cheers
F
There seem to be two sets of government policies around FIRB intervention, and inconsistent application of the same national interest rules.
- In 2020, the FIRB blocked Yibin Tianyi’s proposed A$14.1 million investment for an 11.8% stake in AVZ Minerals (ASX-AVZ), citing that it was “contrary to the national interest”. At the time, the FIRB was concerned about significant Chinese influence or control in critical minerals, even when the underlying asset, Manono was outside Australia.
- Fast-forward five years, and here we have the same government approving a full Chinese acquisition of Peak Rare Earths (ASX-PEK), which operates a rare earths project in Tanzania. The takeover by Chinese Shenghe Resources was endorsed by PEK’s board and not blocked by FIRB on national interest criteria, despite similar geopolitical sensitivities and monopoly concerns as with the AVZ deal.
Oh, and after two years, still no response from Minister Wong about what, if any assistance her department provided to AVZ in its David vs Golliath fight against the corrupt DRC government and their scheming Chinese masters.
Cheers
F
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C & D?
When I think about this in a positive way, AVZ tried to do the right thing: showed positive intent in pausing the proceedings, presumably to comply with a request from the US.
Management had to have known about the impacts on ICSID timing (i.e. the restart delay) of doing so.
Something must have given them the confidentce to risk further delay; they must have been pretty sure that one way or another, the ICSID timing probably wouldn't matter. What would give them that confidence?
(Nevertheless they left open the possibility of seeing ICSID through to the bitter end, just in case.)
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Or, taking a negative view, they are instead guilty of hubris, over-confidence and not being able to see more than one move ahead in the game.
But for today at least, my glass is half full.
Change of government, which restored relations with China perhaps?
bloke383
Regular
Congolese defense associations and four former directors of Gécamines have filed a complaint against 9 members of the family of the President of the Democratic Republic of Congo (DRC), Félix #Tshisekedi, for the plundering of minerals in the provinces of Haut-Katanga and Lualaba, before the Belgian justice system, targeting nine members of the family of the President of the Democratic Republic of Congo (DRC), Félix Tshisekedi, for the looting of mining sites in the provinces of Haut-Katanga and Lualaba. These 9 members of the Tshisekedi presidential clan (sister-in-law, son, brothers, cousins, and even the country's first lady), presented as "co-authors and accomplices of acts of corruption" during the plundering of mining sites. The complaint has been submitted to Federal Prosecutor Ann Fransen by lawyers Bernard and Brieuc Maingain. The 9 accused are all Belgian citizens and can be prosecuted by the Belgian justice system. "Other complaints may be filed soon in other countries from which other looters of our wealth originate," explains one of the plaintiffs. Kiki
A, B & C.
But not just our old enemies.
As I've said before, China can open a mine adjacent to what remains of AVZ but US needs to provide protection for RD. WHY????
US has been awake to what's going down here since long before they ever invested in Lobito 10 million years ago.
I'm not going to go on, but there is much more that we all know that screams conspiracy. But I will say that none of these events are unrelated to the rest of this shit.
Nothing happens in isolation.
US and KoBold are not our mates or saviours. Peeps need to stop hoping that they are.
They are in it for themselves.
Just like YOU
I have no more ideas than anyone else here what the real events are. But the number of potential permutations are astronomical.
For that reason, I take nothing at face value.
Bizniz eez bizniz.
Six weeks ago, I said that this will run and run. The monstrous lithium, tin & tantalum deposits make it impossible for anyone to give up without the fight of their lives.
I still don't see a successful resolution anytime soon for the same reasons.
Hopefully, I'm wrong, but the rumour mill would suggest otherwise, and I have learned to believe negative rumours before positive ones.
jeeeezuz.......
you would think after literally YEARS of this saga people would have a bit more patience. But no, a few delays, a few cynically structured scenarios from Wombat, and people are pooping themselves again.
OPTION E
THINGS ARE STILL MOVING IT JUST TAKES SOME TIME.
- DRC and Rwanda have already singed a framework for a peace deal. That is a HUGE step.
- We know discussions are continuing around the minerals/commercial framework agreements to be signed with USA.
- USA is NOT going to get fkd around on this.
- KoBold has agreed to a framework to buy AVZ, contingent on their entrance to the DRC being backed up by the above minerals/commercial framework between USA and DRC.
No one has any information (that's been shared) that indicates anything to the contrary.
@wombat74
Their silence means nothing other than they're more patient than you are.
you would think after literally YEARS of this saga people would have a bit more patience. But no, a few delays, a few cynically structured scenarios from Wombat, and people are pooping themselves again.
OPTION E
THINGS ARE STILL MOVING IT JUST TAKES SOME TIME.
- DRC and Rwanda have already singed a framework for a peace deal. That is a HUGE step.
- We know discussions are continuing around the minerals/commercial framework agreements to be signed with USA.
- USA is NOT going to get fkd around on this.
- KoBold has agreed to a framework to buy AVZ, contingent on their entrance to the DRC being backed up by the above minerals/commercial framework between USA and DRC.
No one has any information (that's been shared) that indicates anything to the contrary.
@wombat74
Tell me wombat why is it you think that Kobold should have made any sort of public announcement at this stage?
Their silence means nothing other than they're more patient than you are.
PutUsernameHere
Regular
Fair call, but that was years when the most constant news we were getting was "suspension extended" for the most part, and anything else was few and far between. Now we're getting proposed/actual dates of things happening, but it's largely opaque on any detail. Can't blame human nature for getting a little ancy when after all these years we're seeing a light at the end of the tunnel. No one's sure if its a pin hole or a king's entrance. It's gambler's folly with information, now that I've had some, I want MORE
I can't and don't blame human nature,Fair call, but that was years when the most constant news we were getting was "suspension extended" for the most part, and anything else was few and far between. Now we're getting proposed/actual dates of things happening, but it's largely opaque on any detail. Can't blame human nature for getting a little ancy when after all these years we're seeing a light at the end of the tunnel. No one's sure if its a pin hole or a king's entrance. It's gambler's folly with information, now that I've had some, I want MORE
But can and do blame posters like wombat for exploiting that nature by l constantly presenting a selectively negative set of speculative scenarios
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