AVZ Discussion 2022

wombat74

Top 20
Can’t really understate how unfortunate it is that the Zijin ICC hearing was postponed. Instead of having their case thrown out pronto, they (with Cominiere) have been given time propagate more bs and to file another bs ICC case.
That ‘conflict of schedule’ was a gift to them, almost to good to be true imo
It's part of Zijin's game plan . It will be postponed again in July . IMO
 
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CHB

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It's part of Zijin's game plan . It will be postponed again in July . IMO

I'm kinda inclined to agree. That's why I'd like to see Felix man up.

IF..zijin played a role in getting the judge to reschedule due to a "conflict of schedule" then are we not a little fucked? I'd be wanting to get that judge replaced ASAP.
 
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9cardomaha

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I'm kinda inclined to agree. That's why I'd like to see Felix man up.

IF..zijin played a role in getting the judge to reschedule due to a "conflict of schedule" then are we not a little fucked? I'd be wanting to get that judge replaced ASAP.
Its fucking crazy that such an important case, with such high monetary value stakes is being heard by a single arbitrator... Not sure what bullshit was spun by ZJ at the time.
 
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CHB

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Its fucking crazy that such an important case, with such high monetary value stakes is being heard by a single arbitrator... Not sure what bullshit was spun by ZJ at the time.
Didn't we end up getting three?

I think zijin wanted one but got rejected.
 
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Peterg

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Out come handed down in mid 2023 well that's now!
 
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CHB

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mouseflying

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Seems Mr Pei is doing someting right now.


According to the Zhitong Finance App, Tianhua New Energy (300390.SZ) announced that the company and Suzhou Tianhua Energy Industry Development Co., Ltd. signed an “Intent Agreement on the Acquisition of 60% of the Shares of Suzhou Tianhua Times New Energy Industry Investment Co., Ltd.” and reached a preliminary agreement to acquire 60% of the shares of Suzhou Tianhua Times New Energy Industry Investment Co., Ltd.

According to reports, Suzhou Tianhua Times New Energy Industry Investment Co., Ltd. is mainly engaged in equity investment business in the new energy sector. Currently, it holds shares in Australian listed companies AVZ Minerals Ltd and Lithium Plus Minerals Ltd.
AVZ Minerals Ltd and Lithium Plus Minerals Ltd are mainly engaged in exploration and mining of lithium ore and other mineral deposits.

Tianhua New Energy (300390.SZ) is Mr Pei's Listed company in China,

Suzhou Tianhua Energy Industry Development Co., Ltd.(all shares hold by Pei's family) - Hold 75% shares of CATH

Now his listed company agreed to buy 60% shares of his private company, interesting move at this sensitive time.

He might know some good news is coming to boost his list company's share price?
 
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marksmann007

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Right so we really are a bit fucked.
As would Zigin if the ICC judge wasn’t partial to a brown paper bag.
It‘s not the DRC, maybe the odds are with us for a change.
 
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I'm kinda inclined to agree. That's why I'd like to see Felix man up.

IF..zijin played a role in getting the judge to reschedule due to a "conflict of schedule" then are we not a little fucked? I'd be wanting to get that judge replaced ASAP.
If they did play a role, then yes imo. But only speculating this due to how convenient the delay was for Zijin.
Could certainly have been a genuine ‘conflict of schedule’ for the arbitrator, which was just very unlucky for us, and lucky for Z and Cominiere.

Imo the fact that Z didn’t get their way with keeping the ICC findings private would suggest it’s more likely the ‘conflict of schedule’ was genuine. Hopefully
 
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Juba1845

Regular
Right so we really are a bit fucked.
Why would we be fucked? The ICC hearing is for 15% . It's not part of the 75% we have legal title for . I am not concerned by this . Don't know why people are .What is important is that it gets sorted out one way or another so we can move on . My concern like some have pointed out is that Zijin keep pushing the date back until after the election
 
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Flight996

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Didn't we end up getting three?

I think zijin wanted one but got rejected.

According to Jus Mundi, AVZ vs Dathmir (I) case has a single arbiter, Caroline Duclercq who has been an arbitrator in at least five (5) international cases. Four of these are pending, and zero International Center for Settlement of Investor Disputes (ICSID) are pending annulment (whatever that means).

She was appointed by the respondent, which I presume is Dathmir.

Cheers
F
 
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Azzler

Top 20
I'd like to remind everyone that it was stated by NF at the AGM, as well as specificaly stated in an official announcement, that the granting of the mining licence does not depend on the outcome of the ownership disputes.

Many voices are saying this ICC case in July must be resolved before the licence can be granted.

Of course, maybe those statements were misleading, or the situation has changed since then, or TIA!


Rumblings of a new arrangement were underway, with some big financiers, and we just needed to be patient.

I like to imagine the DRC Government are well aware of how decieteful and criminal and impossible to work with Cominiere are, and well aware it is because of their shitful actions that the project is held up and in such a mess. They should be in jail.

It's possible negociations are indeed underway with AVZ to advance the project, that Cominiere have indeed been left outside, and this is why we see a damages case against AVZ. I don't know why no one else seems to be entertaining this idea.
AVZ have suprised us in the past, the CATH funding and offtake agreements came out of nowhere, with no whispers beforehand. They can keep secrets if they want to.

I know it's hard to dream with so much blatant corruption going on, again I'm just thinking out loud, and I obviously don't know shit.

Peace...☮️
 
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Charbella

Regular
Seems Mr Pei is doing someting right now.


According to the Zhitong Finance App, Tianhua New Energy (300390.SZ) announced that the company and Suzhou Tianhua Energy Industry Development Co., Ltd. signed an “Intent Agreement on the Acquisition of 60% of the Shares of Suzhou Tianhua Times New Energy Industry Investment Co., Ltd.” and reached a preliminary agreement to acquire 60% of the shares of Suzhou Tianhua Times New Energy Industry Investment Co., Ltd.

According to reports, Suzhou Tianhua Times New Energy Industry Investment Co., Ltd. is mainly engaged in equity investment business in the new energy sector. Currently, it holds shares in Australian listed companies AVZ Minerals Ltd and Lithium Plus Minerals Ltd.
AVZ Minerals Ltd and Lithium Plus Minerals Ltd are mainly engaged in exploration and mining of lithium ore and other mineral deposits.

Tianhua New Energy (300390.SZ) is Mr Pei's Listed company in China,

Suzhou Tianhua Energy Industry Development Co., Ltd.(all shares hold by Pei's family) - Hold 75% shares of CATH

Now his listed company agreed to buy 60% shares of his private company, interesting move at this sensitive time.

He might know some good news is coming to boost his list company's share price?
 

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I'd like to remind everyone that it was stated by NF at the AGM, as well as specificaly stated in an official announcement, that the granting of the mining licence does not depend on the outcome of the ownership disputes.

Many voices are saying this ICC case in July must be resolved before the licence can be granted.

Of course, maybe those statements were misleading, or the situation has changed since then, or TIA!


Rumblings of a new arrangement were underway, with some big financiers, and we just needed to be patient.

I like to imagine the DRC Government are well aware of how decieteful and criminal and impossible to work with Cominiere are, and well aware it is because of their shitful actions that the project is held up and in such a mess. They should be in jail.

It's possible negociations are indeed underway with AVZ to advance the project, that Cominiere have indeed been left outside, and this is why we see a damages case against AVZ. I don't know why no one else seems to be entertaining this idea.
AVZ have suprised us in the past, the CATH funding and offtake agreements came out of nowhere, with no whispers beforehand. They can keep secrets if they want to.

I know it's hard to dream with so much blatant corruption going on, again I'm just thinking out loud, and I obviously don't know shit.

Peace...☮️
There is reasonable logic in the suggestion, but there have been too many false dawns for people to get excitied by such whispers. I think it's just self-preservation.
 
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Hudnut

Regular
I'd like to remind everyone that it was stated by NF at the AGM, as well as specificaly stated in an official announcement, that the granting of the mining licence does not depend on the outcome of the ownership disputes.

Many voices are saying this ICC case in July must be resolved before the licence can be granted.

Of course, maybe those statements were misleading, or the situation has changed since then, or TIA!


Rumblings of a new arrangement were underway, with some big financiers, and we just needed to be patient.

I like to imagine the DRC Government are well aware of how decieteful and criminal and impossible to work with Cominiere are, and well aware it is because of their shitful actions that the project is held up and in such a mess. They should be in jail.

It's possible negociations are indeed underway with AVZ to advance the project, that Cominiere have indeed been left outside, and this is why we see a damages case against AVZ. I don't know why no one else seems to be entertaining this idea.
AVZ have suprised us in the past, the CATH funding and offtake agreements came out of nowhere, with no whispers beforehand. They can keep secrets if they want to.

I know it's hard to dream with so much blatant corruption going on, again I'm just thinking out loud, and I obviously don't know shit.

Peace...☮️

I disagree with NF. Maybe nothing to do with AVZ ownership disputes, but the MMCS dispute certainly will be. Cominiere needs to have 10% to give to the DRC government, and 5% of that is subject to the ICC decision we are waiting on.
 
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ptlas

Regular
Just a couple of observations:

1. Earlier this week the thread was overwhelmingly negative (imo), now it's getting it's positivity / realism back.
This is partly a reflection of how we influence each other and contribute to each other's confirmation bias - even if it regularly changes.
This is what trolls play on.

2. On the subject of trolls, I am still suspicious, to varying degrees, of three ( possibly four) posters here.
I am not gonna name them, but would appreciate any PMs with suspicions or evidence.
Fingers X I'm overthinking it and it's just the normal AVZ paranoia.
🤣

Hopefully, then ZB is up for another conversation.

Please understand that I may well not respond as I suspect that one of the previous PM replies was disingenuous.

Don't wanna be the thread cop, but these c*nts almost derailed this thread a few weeks ago and I don't wanna go there again.

As a football commentator in England once said:
"Get your retaliation in first".

US$12

Mr Stasi to you
 
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CHB

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According to Jus Mundi, AVZ vs Dathmir (I) case has a single arbiter, Caroline Duclercq who has been an arbitrator in at least five (5) international cases. Four of these are pending, and zero International Center for Settlement of Investor Disputes (ICSID) are pending annulment (whatever that means).

She was appointed by the respondent, which I presume is Dathmir.

Cheers
F
Are the 4 cases pending because she keeps rescheduling?

🤣😂
 
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Flight996

Regular
Are the 4 cases pending because she keeps rescheduling?

🤣😂
I understand the International Center for Settlement of Investor Disputes (ICSID) is sponsored by the World bank, and is not the same as the International Court of Arbitration of the International Chamber of Commerce (ICC) that will arbitrate on AVZ's issues. The DRC govt is a signatory to the ICSID, which binds the country to any judgements, agreements or settlements handed down by the ICC.
My head hurts.

Cheers
F
 
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bloke383

Regular
To anyone concerned that the delayed ICC case due to a conflict of schedule may be the result of Zijin & brown paper bags , why wouldn't Zijin just pay enough to make sure a decision is awarded in their favour ? Has there previously been cases where bribery has influenced , or thought to have influenced decisions at the ICC ? Maybe I'm just too naive but I'm confident there will be no brown paper bags swaying any decisions in our cases at the ICC .
 
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To anyone concerned that the delayed ICC case due to a conflict of schedule may be the result of Zijin & brown paper bags , why wouldn't Zijin just pay enough to make sure a decision is awarded in their favour ? Has there previously been cases where bribery has influenced , or thought to have influenced decisions at the ICC ? Maybe I'm just too naive but I'm confident there will be no brown paper bags swaying any decisions in our cases at the ICC .
Yeah I had this exact same thought while reading the concerns here. While it would be naive to think that the ICC is squeaky clean from corruption it would be in Zijin's best interest to put up the W and put pressure back on AVZ in the eyes of the DRC government if the arbitrator was taking snacks rather than delay a few months. This jurisdictional challenge is pivotal in the ownership 'dispute' and will be sorted well before AVZ is anywhere near running out of money imo
 
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