We should get a decision by the ICC on the liquidation of Cominiere's fines relatively soon. The arbiters are clearly sick of their shit based on trend of decisions so far and today's announcement. Problem is Cominiere won't pay. But that will influence future decisions and flow into the ICSID case. It's obvious that it will take years for us to get anything out of this without a negotiated outcome. The DRC are very keen on having 'diverse' partners for this project. And they're willing to play the long game to get it imo
Another announcement.... Chinese doing what they do best - STALL STALL STALL.
Felix could have ended this long ago but he has NO BALLS so sits back and lets the Chinese continue to fuck over his local population because he does not GIVE A FUCK about the west (His comments). What a fart in the wind he is.
Here's one from June 25th . Just tack it onto the end of today's announcement for a cherry high .
"AVZ has re-established a strong line of communication with the Government of the Democratic Republic of Congo following the recent Presidential election. We are optimistic that a Memorandum of Understanding (MOU) can be agreed between the relevant parties in a timely manner." 25/06/24
50c a share I would be over the moon. 30c I can just about break even (and be able to cut my mortgage down a pretty chunk). I just hope PLS gets back to $4 and I will dump that, lithium will never get back to ATH imo.
Fuck they've been played the entire time! How can this shit happen with all their African experience!?!? And before anyone says why don't you run for board? We put our money in these people's hands because they're the experts with all the experience.
Apologies just fucking had enough of this shit storm.
50c a share I would be over the moon. 30c I can just about break even (and be able to cut my mortgage down a pretty chunk). I just hope PLS gets back to $4 and I will dump that, lithium will never get back to ATH imo.
Well all I see is a shit ton of "disputes" and a DRC legal system working in favour of the embezzlers and the Chinese in typical corrupt DRC fashion.
Should have changed our DRC legal team years ago oops!
FMD!
AVZ will never be in full scale production. No way they can work with the DRC imo. Shore up the legalities of ownership, sell this puppy and hit the pub