Can anyone shed some light on this:
Dathcom JV Dispute
As announced on 8 May 2023, AVZI obtained emergency orders restraining Cominière from taking steps
to implement its purported termination of the Dathcom JVA and ordered that Cominière pay to AVZI a
fine of €50,000 per day for any non-compliance with that emergency order.
Am I to understand that this means that Cominiere owes us 15,500,000 Euros?
Also :
As announced on 17 November 2023, AVZI obtained further emergency orders restraining Cominière
from conducting exploration or mining within the boundaries of PR 13359 or PR 15775 and ordered
that Cominière pay a fine to AVZI of €50,000 per day for any non-compliance with that emergency
order.
Am I to understand that this means that Cominiere owes us as well another 5,850,000 Euros?
If so, We definitely do not need a capital raise or the Rocke Capital money.
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