AVZ Discussion 2022
- Thread starter GazDix
- Start date
cruiser51
Top 20
I came to that conclusion a long time ago and put him on ignore.
Everybody is entitled to their opinion, however there isn't a rule which forces me to take any notice of his utter unhinged nonsense.
Attachments
My take on the current situation:
Locke Funding - Either the BoD are holding their cards close to their chest so that the enemy thinks they don't have funding, OR, they don't have a dollar promised in and they'll just ride it out until a hopeful agreement is made with the DRC. There's nothing stopping the BoD pursuing the court cases on a shoe string budget for another year or even without pay. My question would be along that line of thought is that someone has to be paying court fees as there's surely no cash in the kitty by now.
Lets say tomorrow everyone shakes hands and coughs up what is rightfully theirs, the next stage will require some huge funding.
The penalties imposed by the ICC/ICSID won't be received this decade, so to go mining is going to require a huge CR or debt funding or something else magically excreted by a unicorn.
The silence by Cominiere on Twitter is very interesting. Either they have been gagged or are laughing on a tropical island sipping pina coladas out of the pineapple leftovers they reamed us with!
I did speak to someone close to heart who has been involved with the AVZ project (not recently however, but did appear in the top 20 shareholder register), they believe that the project is done and AVZ won't ever mine it - the damage done and relationship breakdown between BoD & DRC is not reversible. Again, take that with a pinch of salt as to if that has any merit..
Anyways. Lets see how the remainder of the calendar year plays out!
Locke Funding - Either the BoD are holding their cards close to their chest so that the enemy thinks they don't have funding, OR, they don't have a dollar promised in and they'll just ride it out until a hopeful agreement is made with the DRC. There's nothing stopping the BoD pursuing the court cases on a shoe string budget for another year or even without pay. My question would be along that line of thought is that someone has to be paying court fees as there's surely no cash in the kitty by now.
Lets say tomorrow everyone shakes hands and coughs up what is rightfully theirs, the next stage will require some huge funding.
The penalties imposed by the ICC/ICSID won't be received this decade, so to go mining is going to require a huge CR or debt funding or something else magically excreted by a unicorn.
The silence by Cominiere on Twitter is very interesting. Either they have been gagged or are laughing on a tropical island sipping pina coladas out of the pineapple leftovers they reamed us with!
I did speak to someone close to heart who has been involved with the AVZ project (not recently however, but did appear in the top 20 shareholder register), they believe that the project is done and AVZ won't ever mine it - the damage done and relationship breakdown between BoD & DRC is not reversible. Again, take that with a pinch of salt as to if that has any merit..
Anyways. Lets see how the remainder of the calendar year plays out!
Dave Evans
Regular
“The penalties imposed by the ICC/ICSID won't be received this decade”
If Zijin were to develop the north, the ICSID can enforce the awarding of the penalties to AVZ as soon as Zijin began producing and paying royalties to the DRC. In which case the DRC would not receive the royalty payments from Zijin because they would go to AVZ.
Zijin say they could build a plant inside two years, so we wouldn’t be waiting a decade to receive penalties.
Cumquat Cap
Regular
Buyout coming unless DRC want the worlds largest lithium mine to remain in the ground whilst they are the 4th poorest country on earth. I don’t think we mine either and sadly don’t want to, place is a fucking shitshow.
A world power can buy us out or we can sit on it and Pursue ICSID/icc charges with a vengeance.
A world power can buy us out or we can sit on it and Pursue ICSID/icc charges with a vengeance.
I don't think royalties will be paid OR in the event they magically are, that will be able to be channeled out and diverted to AVZ. I'm sure the corrupt players up in the higher echelons of the governments will work out a definitive way. Hey, they've bypassed the very mining code whic awards licenses, so surely the payments of royalties will suffer the same demise.
Dave Evans
Regular
“Think, magically, channeled out and diverted”
Glad DLA Piper, ICC and ICSID are handling our case and not you. I used to have to teach legislation in different areas and I never once came across those magical words in any of the Act’s.
Fuck you wanker! go back and see my previous posts in this forum.
Dave, I'm going on past events that have occurred thus far. We haven't received any penalty payments to date when we should have. DRC are ignoring everything legally imposed by ICC/ICSID!
I hope we do get payments that we are entitled to!
Remark
Top 20
Lucas Don Velor
Regular
You know what they say... "You f@%k one goat"... anyway, a gentlemanly way of settling this dispute could be via a coin toss!?
@Dave Evans - Heads he wins... @Goat - Tails you lose...
RHyNO
Regular
Don’t you know this is the forum for positive posting only where Nigel and the bod are golden gods who do no wrong and the DRC ministers read X and change their behaviour based on AI generated memes. Don’t worry you’ll get it mate. Sheriff Dave is in town and you are wearing the wrong coloured boots!
Hemicuda
Regular
No one is winning, just give it a rest, no amount of calling out the situation for what it is, or never ending tyre pumping about our chances are gunna achieve shit,,,, it s fucking retarded, the chances of seeing our original investment back, sadly feels like like zero,,, fuck me happy to be wrong. But that’s it
Not a pumper, never have been. Just think in this world of social media with 100% exposure of the corruption on such a globally significant resource in such an anti China environment!! If china get away with it then as Fatty would say - "that'll do me".
PS go QLD
Azzler
Top 20
I think all the flogs on HC are feeling deflated now that most people left and now it's just trolls and downrampers talking to each other with no shareholders to scare anymore.
So they come here of course to get their thrills.
Nearly every time they throw out the old line that it's an echo chamber here, that negative viewpoints are not allowed and it's cheer squad only.
But people here recognise a good constructive negative analasys and appreciate people who bring previous unknown ideas or research to the collective, whether it's positive or negative for AVZ.
And we know when it's just shitposting in disguise, which again is always followed by the same "oh cheer squad only here is it?" rubbish.
This forum is community moderated, so it means you don't have the right to be a fuckwit here (well you can as long as you're lovable in some way).
Sharks and fuckwits are definately circling, waiting to jump on our insecurities. Aren't they just revolting?
Stay strong guys
So they come here of course to get their thrills.
Nearly every time they throw out the old line that it's an echo chamber here, that negative viewpoints are not allowed and it's cheer squad only.
But people here recognise a good constructive negative analasys and appreciate people who bring previous unknown ideas or research to the collective, whether it's positive or negative for AVZ.
And we know when it's just shitposting in disguise, which again is always followed by the same "oh cheer squad only here is it?" rubbish.
This forum is community moderated, so it means you don't have the right to be a fuckwit here (well you can as long as you're lovable in some way).
Sharks and fuckwits are definately circling, waiting to jump on our insecurities. Aren't they just revolting?
Stay strong guys
Hemicuda
Regular
At this point what does it matter? We are trapped and nothing said hear there or anywhere is changing that ffs
Go where ???
TDITD
Top 20
Well that's true to a point Hemi,
because as we have seen a few times now, the fuckwits (
) watch this forum like hawks looking to cherry pick and attack at any opportunity. I'm not interested in playing into their hands, to the ultimate detriment of us SHs. We have an investment here no point talking it down, it certainly wont help sell it nor negotiate the best outcome. But it can help the detractors in showing them a sentiment they can try and leverage.It's a pretty much nailed on certainty to say everyone is over this, frustrated, and pissed off at the corruption that's blocked every single poster here as well as the grand total of 20,000 AVZ SHs, that's crazy. The shit thats happened in the last two years is ridiculous and worthy of a Netflix film. The opportunity cost lost alone is huge.
It still matters mate, end of the day if they are complete cunts then ICSID comes in and gives them the pineapple treatment we have endured, an by fuck it'll hurt them. I know it'll take forever, I know it'll be a real pain in the arse to get the $$ off them, but it WILL happen. The ball is in their court, negotiate in good faith or go bankrupt via ICSID.
Alternatively, if they got this mine up, these corrupt tits could then syphon off all that juicy tax money and also their share of profits in their holding percentage. But instead, a few simpletons hold this up for two years and in effect for literal peanuts in comparison to the possible $$ flow.
Slow clap boys, slow clap.
Xerof
Flaming 1967
Frank will update in a fulsome manner in due course, but it seems the inauguration of the full fucking monty DRC shitshow is now set for next week sometime, after various interventions from slime ball cunts who have self appointed themselves, family and mates, into the positions they want, after the final list was published. Felix seems to have had Hobsons choice on the matter
Perhaps all the angst on here should take this into account, and if there is anything significant to be signed/authorised/ratified at a weekly meeting/whatever, it would be prudent to fucking wait for the Ministers involved to get their fucking feet under the fucking table and fill their fucking fountain pens with fucking ink first
Perhaps all the angst on here should take this into account, and if there is anything significant to be signed/authorised/ratified at a weekly meeting/whatever, it would be prudent to fucking wait for the Ministers involved to get their fucking feet under the fucking table and fill their fucking fountain pens with fucking ink first
Lucas Don Velor
Regular
William of Ockham would be jealous of your reductionist attitude!
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