AVZ Discussion 2022

[Retrobyte]

Kerr knows Africa .....

 

[Bin59]

Does anyone recall that for the DRC to agree to issue us a ML our intention had to be that we were going mining and not selling the project?

 

[Jazz]

Does anyone recall that for the DRC to agree to issue us a ML our intention had to be that we were going mining and not selling the project?

I do recall something along those lines, probably a good year or more ago. No idea where it came from though.

 

[Skar]

Does anyone recall that for the DRC to agree to issue us a ML our intention had to be that we were going mining and not selling the project?

Yes thats the purpose of the DFS and my understanding is that was a key component of bringing in CATH so early on. Its why you can sell X% to CATH for ~240M... then the balance of the % be valued in the billions (and not a direct multiple of CATH's % of the project). There is a corresponding transformation of value (and operations) to go from explorer to producer. We ticked all those boxes, did all the work but were not awarded the ML to start funding/building the mine - its part of why our damages are so high, we got all the approvals.

The only reason NF agreed to the Kobold framework (in principal) was to unstuck the project. There is no legal basis for what has happened to us, its pure corruption which is why we are going through ICC/ICSID.

Edit: If this deposit was in the Pilbara instead of the Congo, (ignoring the fact our entrance would never be as low as where we got in), we would be worth well over 10B by now, with the worlds largest mine and a lot of other miners would be mothballed.

We essentially have another Greenbushes here.

 

[Penskefile]

The other part of it was 'US State Department officials confirmed they want to boost “responsible and transparent” development of DRC’s critical minerals'

If AVZ can get rat fucked by China

Then the gringos can also get rat fucked by Chyyyyyyyyyna

And the gringo king won't tolerate that shit imo

No-one fucks with The Great Man, and those who’ve attempted to have had their asses handed to them.

In Trump We Trust

 

[Sammy_da_Smile]

Why does Kiki suddenly say Graham Kerr CEO of AVZ?
Is that a slip of the pen?

Graham Kerr is/was CEO of South32 from Oct 2014, an ex BHP man, studied accounting and business information systems.

As far as I know, Nigel Ferguson is AVZ's CEO and MD.

Just odd.

View attachment 87628

Can anyone confirm what statement from the company Kiki is quoting this from:

"We stand firm in the fight for our rights and compensation for the damage suffered in the context of the Manono project," said Graham Kerr, Managing Director of AVZ Minerals.

 

[PutUsernameHere]

@PutUsernameHere, I got mine at the March 2020 major shareholders meeting in Perth.

Ahh copy that, I'm not a major shareholder. Hopefully we're all awarded with something in future, both in returns and momento. But this shit will live rent free with me for a long time to come

 

[j.l]

In case you haven't had time this morning to give yourself a paper cut and squeeze lemon juice on it, here's the latest morale-booster as a quick pick-me-up.

Thank me later.

 

[timb89]

In case you haven't had time this morning to give yourself a paper cut and squeeze lemon juice on it, here's the latest morale-booster as a quick pick-me-up.

Thank me later.

View attachment 87633

What's wrong with anything said here?

 

[Winenut]

What's wrong with anything said here?

They forgot to mention $12....

 

[timb89]

If $2-6 was such a possibility, then $1.50 would be a certainty. And Nigel (as would any human) would have taken that deal by now, walking away with 75mil and silencing the class action crowd.

 

[Winenut]

If $2-6 was such a possibility, then $1.50 would be a certainty. And Nigel (as would any human) would have taken that deal by now, walking away with 75mil and silencing the class action crowd.

Don't think the Nige can "officially" take any deal offered just at the moment.....hands are tied

Even if one fiddy was on the table from Kobold we're still beholden to the peace deal being finalised and DRC sorting out the ML side of things plus acceptable terms to any arrangement being thrashed out before anything "potentially offered" can be offcially accepted and announced IMO

 

[timb89]

Don't think the Nige can "officially" take any deal offered just at the moment.....hands are tied

Even if one fiddy was on the table from Kobold we're still beholden to the peace deal being finalised and DRC sorting out the ML side of things plus acceptable terms to any arrangement being thrashed out before anything "potentially offered" can be offcially accepted and announced IMO

Likely true.

 

[Dazmac66]

If $2-6 was such a possibility, then $1.50 would be a certainty. And Nigel (as would any human) would have taken that deal by now, walking away with 75mil and silencing the class action crowd.

Well $12 is a possibility so $6 is a lay-down misère!!

 

[Jongo]

The fact that DLA Piper is assisting AVZ is comforting. I asked Copilot the following question.

"How good is DLA Piper at negotiating a favourable settlement in cases similar to the AVZ scenario, give examples."

The answer is good ...

"DLA Piper is widely regarded as one of the top global law firms for handling complex cross-border disputes, including investment treaty arbitration and mining sector negotiations—both highly relevant to the AVZ scenario.

While specific case outcomes are often confidential, here’s what we can draw from public records and their track record:

Strengths Relevant to AVZ’s Case

• Investor-State Dispute Settlement (ISDS): DLA Piper has represented both investors and states in ICSID and UNCITRAL arbitrations. Their experience includes disputes over expropriation, mining licenses, and regulatory interference—core issues in AVZ’s claim against the DRC.
• Mining & Energy Sector Expertise: The firm has advised on resource nationalization disputes, joint venture breakdowns, and permit revocations, often in Africa and Latin America.
• Settlement Strategy: DLA Piper emphasizes early dispute resolution where possible, using mediation, structured negotiations, and hybrid settlement frameworks—similar to the KoBold-AVZ framework.

Notable Examples

• Vedanta Resources v. Zambia: DLA Piper advised Vedanta in a dispute over the seizure of a copper mine. The case involved ICSID arbitration and complex negotiations with the Zambian government.
• Tethyan Copper Company v. Pakistan: While not directly involved, DLA Piper has cited this case in its publications as a benchmark for large-scale mining arbitration, showcasing their familiarity with billion-dollar claims.
• Confidential African Mining Dispute: In a matter involving a revoked mining license in West Africa, DLA Piper reportedly helped secure a favorable settlement through a combination of arbitration and diplomatic engagement.

Implications for AVZ
Given DLA Piper’s deep bench of arbitration specialists, sector-specific knowledge, and experience navigating political risk, they are well-positioned to negotiate a favorable outcome for AVZ—whether through a KoBold-facilitated settlement or a full ICSID ruling.

Would you like a breakdown of how DLA Piper might structure a hybrid settlement in this context?"

 

[cruiser51]

Kerr knows Africa ..... View attachment 87630

If he is now AVZ's CEO, wait till he adds the DRC to his CV.

 

[cruiser51]

Well $12 is a possibility so $6 is a lay-down misère!!

I hate to guess a price, so pointless.
We just have to wait and see how the ICSID verdict will be worded.

If Felix is trying to pull a shonky with Donald, he has shit for brains.
For Felix to put CKK on his advisory team might prove to be an extremely bloody stupid move, to be so fucking obvious with his intentions.
He highly likely thinks he is operating on the DRC scene only and is dealing with dickheads.

He might have forgotten that only 6 months ago he went on his knees to Trump, begging to save his sorry ass. Now after the negotiations he seems to be breathing easier and got a little of his dazzling behaviour back.

I love to see him squealing when Donald puts his testicles in a nutcracker and applies a little pressure.
Some people are suffering from convenient short memory syndrome and can do with a short sharp rerun through memory lane.

 

[wombat74]

In case you haven't had time this morning to give yourself a paper cut and squeeze lemon juice on it, here's the latest morale-booster as a quick pick-me-up.

Thank me later.

View attachment 87633

Can you imagine being a 10 year old child the night before Christmas every night for the last 3 years ? Only to wake up every morning to find Santa didn't leave you any presents . Not only that . Santa took a dump on the living room rug and stole your bicycle . Welcome to the world of an AVZ share holder with millions of shares .

 

[Mute22]

I'm just happy to strap-in, wait out the next few weeks and see where we are post US agreement signings.

 

[LEFOOL]

Anybody speak French?



Curious what the guy at 2:20 is on about, autotranslate is unreliable.

Not sure if he is just unpacking an article verbatim, or he is giving a local perspective.

Okay so i thought it would be easy for me to translate but fuck me... that guy is so angry i find it hard to understand wtf he's on about.. also he switches to some local dialect at some point and throws in random French words... anyway that's all i can get..

'' He welcomed them, and was very nice to them, and they were very much impressed by President Felix's welcome. President Felix gave them his blessing and said 'everything will be fine'. "
then he mentions AVZ and switches to his angry dialect cant help much more...


Also the bit where he mentions Kobold he's angry that Kobold were the ones making announcement about Manono and not the DRC governement..

Wait i've watched a bit more and he switches back to French. His problem is that according to him when the yanks (kobold/US representatives?) visited DRC they spoke to Felix and were very happy with the possible deal, but then when DRC sent a delegation to Washington that delegation said differents things that those that were talked about in DRC..

then he says that Felix's boys messed up big time as he says there's microphones everywhere and he's heard conversation where some Felix's boys were rude to some lady from AVZ (???) and made her cry she wanted to resign.. (????)

He teh says that he will personally speak to Felix about this matter.......