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27/09/23
18:00
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Originally posted by Lithium_King:
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AVZ have updated the market which is the right thing to do, it shows the huge uphill battle they now have, but Jesus Christ there is a lot to unpack here. This is the biggest uphill battle for a company on the ASX I have ever seen. The lawyers will be the big winners here. ICC proceedings by Jin Cheng - Hopefully holders get an update shortly. This is a preliminary question which begs the question what more is to come? ICC proceedings against Cominiere - 3 member tribunal to hear this but no date given ICC proceedings by Cominiere and Jin Cheng - Panel of arbitrtors but no time frame Dathomir dispute - Two separate cases given the sale nature of both and governing laws. Dathomir trying to have Dathcom wound up ICSID proceedings - Gov't talks have failed and have been restarted but are being stifled Talk about bad actors within the DRC and corruption from top to bottom
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Yes looks like one HUGE MESS Hope this doesn't get dragged out in these court process,could take years. Yes agree all you have stated.....!