The only aspect of the ICSID case that Felix and the other DRC lowlife have to fear is the monetary penalty imposed on their country, not them personally. Exposure of their corrupt actions will not influence them in any way. They see a different reality to us in this space, it is the norm, they will not be embarrsed as they just see it as a way of doing business. They also don't give a flying f#ck if their country is asked to pay $US10 billion in penalties. Means little when you are sipping cocktails in a safe-haven on a sunny afternoon in some corruption friendly backwater.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
To highlight this, Kobold have publicly stated they're aware of AVZ interest. They won't touch Manono without AVZ approval.
Spikerama
Regular
AVZ vs DRC @ ICSID - Final Countdown
Countdown to the ICSID tribunal of AVZ vs DRC (Congolese).
avz-icsid-final-countdown.netlify.app
TheCount
Regular
Hodlandwin69
Regular
Also if Kobold compensate us for relinquishing legal proceedings, then we aren't selling Roche Dure, we are relinquishing our legal claim, as according to DRCs records we do not own Roche Dure. So we would therefore not be liable to pay DRC taxes.... Right?
Carlos Danger
Top 20
KoBold will be buying AVZ’s rights. KoBold must hold our shares in Dathcom either directly or indirectly to get a ML under the DRC mining code. DRC tax may be avoided if waived by Felix or if we sell them AVZI.
Xerof
Flaming 1967
@Hodlandwin69 You make a good point.
@Carlos Danger over to you for Corporate tax advice in the DRC
Oh, beat me to it mate
@Carlos Danger over to you for Corporate tax advice in the DRC
Oh, beat me to it mate
Yes a waive by Felix of the DRC taxes was something I thought "the Nige" might request during the negotiation process
But yes also depending on the "structure" of any potential agreement a waive might not be required by FT as the DRC taxes may not necessarily be triggered
Xerof
Flaming 1967
No, this is the first time Wino, but yes, it is indeed fantastic to have the AVZ Discussion 2022 forum back. Hopefully contributors from far and wide will post on here again sometime soonDid I happen to mention how fantastic it is to have the AVZ Discussion 2022 forum thread back open for business!
IF a deal is in the bag , but hinges on the DRC/Rwanda peace agreement then Nigel needs to announce it as such . IMOWith four days to go on the temporary suspension of ICSID proceedings can we "please" find out something soon.....whatever it is
With you on this Wombie
Whatever is going to happen, or is potentially going to happen, or is contingent on something happening the shareholders should be informed
Stockinvesting
Regular
From the Crapper. Couldn't agree more.
GLTAH.
Great post Mute22.
IMO the ONLY reason we're still in this race (let's call it that) is because of the size of our asset. Nothing compares.
USA WILL NOT let this fall into Chinese hands. It may seem painfully slow, even nauseating at present, but can anyone see the US losing interest?
I certainly can't.
GLTAH.
Great post Mute22.
IMO the ONLY reason we're still in this race (let's call it that) is because of the size of our asset. Nothing compares.
USA WILL NOT let this fall into Chinese hands. It may seem painfully slow, even nauseating at present, but can anyone see the US losing interest?
I certainly can't.
Mute22
Regular
The quality of content on HC is so low, after not posting for ages, I can go poop out a shit post with no real substance and get a top rated post.
Sad state of affairs over there.
Remark
Top 20
I only go there to put shit on Tolate & Tendoji, I highly recommend it.
It's good to have a hobby.
Mute22
Regular
Something about the first point here (1) feels very deliberate. That was put as the first point for a reason, the highest priority and the geopolitical trigger point to get this deal done?
'KoBold and AVZ are advance the peace process by having reached consensus as to a commercial framework enabling the rapid development of the Manono deposit.'
The phrase 'advancing the peace process' implies to me KoBold playing a diplomatic role, potentially being involved in the peace discussions with Rwanda. As much as this is politicised, let's be real, a lot of this conflict is related to resource extraction. Therefor, is it reasonable to assume our deal is wrapped up in the peace negotiation?
'KoBold and AVZ are advance the peace process by having reached consensus as to a commercial framework enabling the rapid development of the Manono deposit.'
The phrase 'advancing the peace process' implies to me KoBold playing a diplomatic role, potentially being involved in the peace discussions with Rwanda. As much as this is politicised, let's be real, a lot of this conflict is related to resource extraction. Therefor, is it reasonable to assume our deal is wrapped up in the peace negotiation?
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