LOCKY82
Regular
We must be close if Nigel/DLA has given the go ahead for a temporary suspension.
I like that it's not an indefinite suspension, keeps the pressure on for a near-term resolution.
Case Details | ICSID
icsid.worldbank.org
Holy shit
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Holy shit
Mute22
Regular
Some light Saturday morning reading (too long to paste here):
www.atlanticcouncil.org
Beyond critical minerals: Capitalizing on the DRC's vast opportunities
Washington is trying to broker a peace deal between Rwanda and the DRC, and get access to Kinshasa’s mineral wealth in the process.
www.atlanticcouncil.org
So basically the following week after peace deal etc is supposed to be signed.
In other words, show up, get the deal the done or we keep going with Plan A
Attachments
JAG
Top 20
Gonna need another countdown @Spikerama
Samus
Top 20
Seems like we require an announcement, I'd like to know what the corrupt fucks actually agreed to.
"Pursuant to the parties' agreement" means that an action or decision is being taken in accordance with the terms and conditions of an agreement between the parties involved. It signifies that the action is being performed because it is stipulated in the agreement.
In simpler terms: It means something is being done as per the rules set out in their contract or agreement.
Facilitate discussions was the word. Sounds like delay to the beaten down ear of an AVZ investor who's been looking forward to the ICSID case for years.
"Pursuant to the parties' agreement" means that an action or decision is being taken in accordance with the terms and conditions of an agreement between the parties involved. It signifies that the action is being performed because it is stipulated in the agreement.
In simpler terms: It means something is being done as per the rules set out in their contract or agreement.
Facilitate discussions was the word. Sounds like delay to the beaten down ear of an AVZ investor who's been looking forward to the ICSID case for years.
Xerof
Flaming 1967
It's as simple as 'the parties have agreed to temporarily suspend the hearing for a month', nothing else IMO (both parties had to agree to the suspension)
I don't think anything can be signed or finalised with us by Felix until the Minerals for Security agreement is signed by US/DRC,Rwanda, but yes, perhaps it means discussions are still not finished
what do others think?
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TheCount
Regular
You don't read it as the President's agreed to the framework for Kobold to acquire AVZs share?
Samus
Top 20
The question is why did AVZ agree to that?
We've only had word from kobold on that front.
Anyway we've waited this long...
Xerof
Flaming 1967
Samus
Top 20
Oh fuck - the trauma!As long as we don't end up with further announcements saying "extension to voluntary suspension"
Xerof
Flaming 1967
I'm not sure what you mean. This is nothing to do with Kobold per se
So, AVZ proposed to DRC to suspend (as committed to in the joint announcement signed by Kobold and AVZ).
Both parties agreed.
Announced by ICSID that pursuant to the parties agreement to suspend, it's suspended until June 23rd, allegedly to facilitate discussions.
Thats my conservative take on it, but some think it's all done and dusted. Thats fine, show me the money
And @Scoota30 our delisting has been extended further
My reading is that one party (probably DRC) is yet to formally advise the ICSID that it agrees to suspend arbitration for a month. It will do this at the last minute.
It is likely that AVZ Minerals requested the suspension in order to conclude its behind-the-scenes negotiations with both KoBold and the DRC snakes.
This is a complex three-cornered negotiation, but Felix is in an existential fight. He can't afford to be too cute, or he'll be negotiating with Kabila and M23 next.
Cheers
F
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