Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

0.00%

78.0¢ avz minerals limited

ICSID and ICC are just one pressure point for a conclusion, the...

First 81920 Last

Share
Profile

Follow
Dazzmac66

841 Posts.

384

05/05/24

09:21

Post #: 73669452
Share

Originally posted by Brendo726: ↑

it doesn't matter if it's a clear case, it still goes through the same process as every other case. we may get an award but there are appeal processes then the fact that the drc courts are meant to chase the money, given Celestins wife is a judge, how do u think that will go? and as for seizing assess, yes that is correct, but it's not any asset they can grab. I've previously posted about holders reading about ICSID, the amount of yrs the average case takes, that there are many cases that go longer than a decade, and multiple countries that do nothing about judgments against them. 20 million funding will hardly rattle the Chinese, with multiple cases going on, even if/ when they lose they will keep appealing to burn the money up. AVZ can't even get the money owed from zinjin from the last case. u only have to look at the costs associated with the BRS and Higgins defo trials where it's 15-30mill just for those each to see the money won't go far, and don't forget the BOD on full wages still taking a nice bite out of the money as well. don't get me wrong I want AVZ to win as I stand to lose significant money here, but looking at it constructively it's not looking good at all

Expand

ICSID and ICC are just one pressure point for a conclusion, the people of the DRC are slowly but surely realizing the corruption is going unchecked and many are absolutely furious and screaming for justice. From my research Moise Katumbi is no lightweight!! He is directly calling out Cominiere and Zijin for their corruption. Instead of writing novel length posts on HC that vanish into a cesspit of swill from the trolls, get get on X and help the AVZ soldiers in the fight to raise awareness of corruption and the appalling treatment of AVZ.
JUST KEEP POSTING THIS ARTICLE WHEN THE TROLLS START DRIBBLING!

https://copperbeltkatangamining.com/moise-katumbi-exposes-corruption-scandal-in-congolese-mining-sector/

Last edited by Dazzmac66: 05/05/24

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
41 Upvote

11 Great analysis

Reply

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BUX

Buxton projects new graphite province discovery at WA Narryer play

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

There are more pages in this discussion • 2,138 more messages in this thread...

First 81920 Last

Add AVZ (ASX) to my watchlist

ICSID and ICC are just one pressure point for a conclusion, the...

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Featured News