AVZ Discussion 2022

[Rechnerhand]

I still dont understand why they have to suspend the court case? Surely they could still keep it going incase negotiations fall through like they did in July. Same things happening again.

at least 2 options I guess.

> Pressure internal - liquidity

> Pressure external - potential buyer request to do so before any further step ...

 

[P911]

at least 2 options I guess.

> Pressure internal - liquidity

> Pressure external - potential buyer request to do so before any further step ...

Well if it's option 1 we r in big trouble

If its Option 2 then I hope we r not being played coz we r bending over getting ready to cop it in ass.

Hopefully it's option 3 - deals already done pending sign off of peace deal

 

[Chancen1904]

Fuck off

Very thoughtful. You got no Idea so please stay calm and let more knowledgeable contribute.
I have no Idea either, that ist why i am asking

 

[Penskefile]

AVZ --> Corporate and Arbitration Update

View attachment 93137

Same shit, different day.

 

[yaseenmeoncebefore]

The announcement does mention funding, but those "in the know" are saying it is not to fund the litigation. There is likely a few more twists and turns to come yet.

 

[Dijon101]

Very thoughtful. You got no Idea so please stay calm and let more knowledgeable contribute.
I have no Idea either, that ist why i am asking

You're not asking a single thing.
Just another troll blow-in having a whinge.

 

[Sangster]

I still dont understand why they have to suspend the court case? Surely they could still keep it going incase negotiations fall through like they did in July. Same things happening again.

As much as I want our day in court and a final award for damages, it could be problematic for selling our interests to the Americans. I'm not an expert on the subject but I do know that it's illegal for American businesses and citizens to do business with foreign entities that have been sanctioned.

Hopefully I have the correct terminology here, as stated I am not an expert.

Our case involves substantial corruption by several congolese actors. Those we sell our interests to will need to do business with these individuals. I speculate this may not be possible or will at least be more difficult if we follow through to a final hearing and an award.

Our legal team will have advised the best path forward. This step may be a way to keep the floor open to the Americans, increasing both the number of bidders and the value of (by reducing complications associated with) what we are offering to sell.