That’s sounds like the Australian arbitration process. I’m not...

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21/06/22

23:45

Post #: 62125044
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Originally posted by Cunial: ↑

Had a chat with someone who knows a little bit about arbitration for their thoughts on AVZ's situation and arbitration in general.

They said:

Arbitration cases are generally shorter
One of the benefits of Arbitration is that anything that surfaces during discovery remains confidential and not published to the public. As opposed to legal cases, lets say, within the DRC, then a bunch of private documents could be published for all to see.
Generally, not always but most of the time, you don't want to ignore arbitration requests
Once the arbitration judgement is made the winning party can take the judgement to almost any country where the defending party has assets to and submit a claim to those courts
One of the only ways that a country would deny the claim once the judgement has been made is if the defending party could show malpractice within the arbitration judgement
Arbitration is quite expensive
Arbitration is generally seen as highly unlikely to be compromised, not impossible but very unlikely
Zijin would likely be requesting an arbitrator they believe would rule in favor of them
It's common to select arbitrators from various backgrounds, e.g., one that knows about mining
If the parties cant agree on the choice of arbitrators there is a process where arbitrators are selected for them

Make of this what you will, the person isn't an arbitration guru by any means. Just a smart lawyer. Some of the above may be wrong or misunderstood by my lay self.

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That’s sounds like the Australian arbitration process. I’m not sure how it would apply in this case.
AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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