I would've thought if the fees had been paid already then this would be reflected on the ICSID tracker. It seems to have been pretty up-to-date to this point. Anyway I'm sure we'll find out from the company or another channel soon enoughWhy? Because it's my impression every question you ask infers you are seeking evidence of someone having insider information, thats why.
But that's just my suspicious nature
The last announcement says AVZ no longer needs to draw upon the Locke funding facility, as CATH has provided a Pre-Completion funding facility. Not sure that can be read any other way than that no drawdowns had taken place.
I don't know for sure, but as an educated guess, I would say the funds raised from Convertible Noteholders was possibly used to pay the fees, or simply out of the general pot. I think it's too early to say the CATH funds are available, and AVZ say as much - 'end of January for $10m'
I'm assuming the fees have been paid - I don't know that either, but I am relying on comments from credible others. In the end it's a minor detail as they have a few more weeks to pay anyway
Hope this helps in some small way
The last ann says AVZ no longer needs to draw upon the LOCKE as CATh has provided a PRE COMPLETION FUNDING FACILITY .Why? Because it's my impression every question you ask infers you are seeking evidence of someone having insider information, thats why.
But that's just my suspicious nature
The last announcement says AVZ no longer needs to draw upon the Locke funding facility, as CATH has provided a Pre-Completion funding facility. Not sure that can be read any other way than that no drawdowns had taken place.
I don't know for sure, but as an educated guess, I would say the funds raised from Convertible Noteholders was possibly used to pay the fees, or simply out of the general pot. I think it's too early to say the CATH funds are available, and AVZ say as much - 'end of January for $10m'
I'm assuming the fees have been paid - I don't know that either, but I am relying on comments from credible others. In the end it's a minor detail as they have a few more weeks to pay anyway
Hope this helps in some small way
AVZ gonna last about 2 seconds after the ML is secured imo . Someone must have shown the thickheads in the DRC Gov the amount of $$$ they gonna get from the sale . Now they be on the down low working out what offshore bank accounts they can stuff a $$Billion $$ into . imoView attachment 76151
but don't know if there's any corresponding restrictions for AVZ to sell to a saudi company for example.
Saudi's and CATH would probably be quite happy with a JV. Both own the mine, CATH makes batteries in middle east
I detect a slight undertone of jealousy that sandgropers have a slight advantage, the AGM is always in their backyard.The use of the word HOSTILITY has many connotations which can be misinterpreted many ways....
View attachment 76183
No one has been " hostile " to @Ancient and no one has been " hostile " to you either, nor the fact you " cop it regurlarly ".......complete BS!
You are one of the most revered posters on this forum carlos.
This is a discussion form, where vigorous debate is a healthy thing, big difference between that and hostile .......IMO
"Just ask anyone claiming as fact that the outstanding fees at the ICSID had been paid with Locke funds lol "
Btw, nice subtle dig, could i construe that as being hostile ?
If you dont believe me, contact the BOD bud.
In keeping with the theme...Well I went out today to buy a pair of camouflage pants , but I could not find any
There is something written in the JV about selling/transferring, timing and FROR of shares in the Dathcom JV.AVZ gonna last about 2 seconds after the ML is secured imo . Someone must have shown the thickheads in the DRC Gov the amount of $$$ they gonna get from the sale . Now they be on the down low working out what offshore bank accounts they can stuff a $$Billion $$ into . imo
Maybe we should show the COMAPNY ANNOUNCEMENT and conditions...!"""""""DONT see no J V mentioned""""PRE-COMPLETION you twat
Thats pre-completion of the JV and other arrangements etc etc - no strings attached, only the usual 'no material adverse change and standard conditions' etc - 10m unsecured
everything else relates to the JV
margarita time down the road for me - bye
This post was to correct the bullshit and misinformation contained in the post that was reported and taken down within 5 minutes, bye again
Valuation sounds about right to me, anyone want to do math on what that works out to per share?
Only for 30.5% of the project indirectlyValuation sounds about right to me, anyone want to do math on what that works out to per share?
...or is not all just for AVZ?
I just wonder how many people beside the Chinese are prepared to invest in the DRC, as long as the AVZ mess is not sorted in the DRC in an acceptable way by the DRC government.![]()
Congo looks to Saudi mining investors to curb China’s dominance
The Democratic Republic of Congo wants to diversify its mining industry and reduce reliance on Chinese investmentafrica.businessinsider.com
I think you missed the context of the post I was replying toOnly for 30.5% of the project indirectly
What would the Saudis know about getting shit out of the ground and selling it?