AVZ Discussion 2022

[Remark]

And.... on August 18th i plow all my funds back into the lithium resurgance (if it turns out to be one)

I'll be looking for the next great African opportunity

 

[Goldenboy]

I want to know what Kobold are doing . So far not a word/leak . They talked the Manono deal up . We have an MoU . At some point soon they will have to show their hand . Either they are in or they are out . If they are in we are in .IMO

There are whispers in the wind that there are other parties interested …. Who … ?? Maybe the whole ICSID is a smokescreen.

 

[Pokok]

I'll be looking for the next great African opportunity

And it's not even friday

 

[JNRB]

I want to know what Kobold are doing . So far not a word/leak . They talked the Manono deal up . We have an MoU . At some point soon they will have to show their hand . Either they are in or they are out . If they are in we are in .IMO

?
Why so impatient. We know the milestones that Kobold are waiting on.
Peace deal signed.
Commercial deal with DRC set to follow soon.
What is it you think has changed for Kobold that they need show?

 

[Rechnerhand]

The contours of peace deal between Kigali and Kinshasa take shape

 

[Rechnerhand]

" ... As a central player in the governance of the mining sector, CAMI reaffirms its
commitment to the parsimonious management of our mineral and
to support the vision of the Head of State, who places the development of our resources in the
natural sources for national development and the well-being of
Citizens. ..."

Independence of the DRC: CAMI reaffirms its commitment to mining governance at the service of the people

 

[Rechnerhand]

DRC: Manganese project in Luozi aligns the 5 axes of mining diversification advocated by Kizito Pakabomba --> a good example how it could work between DRC and foreign investors and their governments.

also this --> DRC-Japan: A historic joint venture for the exploitation and processing of manganese in Kongo-Central

 

[Rechnerhand]

U.S. Embassy in the
Democratic Republic of the Congo​

Peace Agreement Between the Democratic Republic of the Congo and the Republic of Rwanda

 

[Jongo]

With Kobold, and presumably RIO, planning to begin construction in 2026, the sooner the better for Kobold/RIO to take ownership of the mining licence, and probably no later than August. I recall that a few months ago someone from X, whom claimed to be in the know, stated that the target for us shareholders receiving funds is July/August 2025.

"Initial Production Target: KoBold aims to bring the Manono project online by 2028, which implies construction would need to begin by 2026 to meet that schedule."

 

[cruiser51]

$3 Billion under reported by KKC!

20% is owned by the DRC state, 39.6% is owned by Ivanhoe Mines, 39.6% by Zijin Mining Group and .8% by Crystal River Global Ltd.

 

[Penskefile]

View attachment 87833 View attachment 87834

$3 Billion under reported by KKC!
View attachment 87835
20% is owned by the DRC state, 39.6% is owned by Ivanhoe Mines, 39.6% by Zijin Mining Group and .8% by Crystal River Global Ltd.

Can’t believe that the cost of snacks has tripled over the past 3 years.

 

[Hudnut]

I just got called and told the DRC signing with Trump is on at the moment on Sky News extra.

 

[Mute22]

I just got called and told the DRC signing with Trump is on at the moment on Sky News extra.

Likely a re-run of this:

 

[Rechnerhand]

Whoever is looking from time to time to our respectful (temporarily) neighbor at the CdL-site will notice a silent update.

Manono Northeast Lithium Project

 

[Winenut]

Whoever is looking from time to time to our respectful (temporarily) neighbor at the CdL-site will notice a silent update.

View attachment 87842

Manono Northeast Lithium Project

fuck me....

Nothing like fast tracking your project with a $70M bribe and fuck all else....

Makes me sick reading about these fucking arseholes

 

[guppy390]

Can anyone think why Felix would be going to Cyprus?

 

[Remark]

Can anyone think why Felix would be going to Cyprus?
View attachment 87843

Souvlaki? The fat fuck has got to be sick of Chinese by now.

 

[pow4ade]

I'll be looking for the next great African opportunity

With Trump positively looming large over African minerals supply, Kobold has partnered with a Vancouver miner in a copper play in Zambia. May be worth a look at a promising early stage prospect:

https://midnightsunmining.com/presentation/

 

[Winenut]

Can anyone think why Felix would be going to Cyprus?
View attachment 87843

Massive Rolex sale......

 

[Dave Evans]

Have just been having a look at the ICSID website and it seems that both parties ie Claimant and Respondent have to agree to recommence the hearing. My thoughts were that Fasken and co would try to delay this as long as possible. If the parties dont agree then the tribunal makes the decision
In the AVZ announcement it says that the proceedings will now resume. Do we know for sure the proceedings have recommenced and if so when would the new trial date be ( originally 2-5 June) Also anyone know what the injunction pursuant to procedural order No. 3 ?

The ICSID Proceedings will now resume, and the Company is taking steps to hold the DRC to account for its failure to comply with the injunctions ordered pursuant to Procedural Order n°3, including with the filing of a new application with the ICSID Tribunal.

I went over my reply to @muks last week and added a few things in this post that hopefully provides something to stay focused on

ICC Decision Against Cominière to Liquidate an Accrued Penalty of €39M in ENG & FRE

https://static1.squarespace.com/sta...de+Courtoisie+de+la+Sentence+Partielle_en.pdf

Page 25 shows the damages of US$9.417billion resulting from Cominiere violating AVZ’s FROR, then illegally terminating the Dathcom joint venture giving the false and implausible reason “not advancing the project fast enough” and the DRC (Ministry of Mines & CAMI) revoking AVZ’s Mining Decree (PR/PE) and granting a PR/PE to Manono Lithium with the equally illegal and implausible reason “due to disagreements between shareholders”

The ‘Damages’ of over US$9.417billion are what is being claimed in the ICSID by AVZ through DLA Piper

To date, AVZ has won all cases against Cominiere before the ICC Court of Arbitration; this recent decision (shown above) by the ICC refuted all claims by Cominiere and ordered Cominiere to pay AVZ penalties of €39million (equal to US$46million or AU$70million); and the DRC has violated the orders handed down by the ICSID to re-establish Dathcom as the holder if PR13359