Ann: Arbitration update and HY report clarification, page-40

on 9 December 2022, Jin Cheng submitted its Statement on Jurisdiction and AVZI submitted its Reply on Jurisdiction on 10 March 2023;

Little wonder icc takes so long

then there are responses by avz still outstanding

massive obscene salaries and fees to directors overlooking drilling contractors and speaking with a lawyer is telling

no updated dfs for years- no updated resource and reserve stmt- not even an update on legal advice following ml decree cancellations- did you make another application - can Avz make another application? If not that’s the end

avz management will just, as previously stated last year just spend all the capital paying themselves and have an incomplete series of legal proceeding - no mining lic and an incomplete set of r and r and dfs imo

meantime some excited by a group of people that visit the area once again hyped by twitter mouthpiece that turns it into presidential visit and who has said soon- very soon- shortly and the mining kic decree was cancelled

there will be nothing left for shareholders, nothing left to sue over- the money is going into the boards pocket in salaries wages and consulting fees and to drillers- and lawyers who take weeks and months to reply to icc and who still haven’t replied to a number of issues for actions instigated by avz

Tried telling some the roadshows and what was disclosed to a new shareholder group was wrong and wouldn’t work

and here it is again- no ml decree- no idea what is happening there- legal cases still not ready to go , incomplete drilling- no r and r update and cash burn continues- everyone else’s fault , drc, corruption blah blah— but avz management are working hard for shareholders sure, but anyone can say that, what have they delivered that is material

hope is all that is left, there is nothing on the table- the only thing humming along unobstructed is the free flow of money directly to management