Hopeful Is exactly what I am. I agree until official company announcement it is not real news. Let’s hope we are all pleasantly surprised soon.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Remark
Top 20
Anyone else getting a blank map on the DRC Mining Cadastre website after entering 13359?
drclicences.cami.cd
DRC Mining Cadastre Map Portal - Spatial Dimension Landfolio
thorgin
Regular
yeahs been dodgy for a few days, works if you just zoom in and let it load.Anyone else getting a blank map on the DRC Mining Cadastre website after entering 13359?
View attachment 12204
DRC Mining Cadastre Map Portal - Spatial Dimension Landfolio
Remark
Top 20
Thanks Thorgin.
Bin59
Regular
MoneyBags1348
Top 20
An article on Tantalex Lithium and Manono’s tailings in The Africa Report today. The Tantalex CEO suggesting demand for lithium to rise about six times between now and 2030 and hoping for an agreement between them and the Govt to repair roads and bridges between Manono and Lubumbashi. Be nice for someone else to pay for infrastructure rather than AVZ paying everything but I think AVZ will probably already have this sorted before Tantalex get anything done. The Tantalex permit covers the surface area where AVZ has under ground rights. Not really the information I’m waiting for but I guess any information referring to AVZ and the lithium price going up six times might have to do today https://www.theafricareport.com/224...unds-for-drc-lithium-tantalum-tin-production/
Skar
Regular
I mean if you are shopping here is one that says 10x
Demand supply mismatch in lithium to intensify, 10x expansion of battery & mineral supply chain needed, warns IEA - ET Auto
Ev Battery: Explosive demand for EVs worldwide has seen a steep rise in prices of key raw materials like lithium, nickel and cobalt this year. Paris based autonomous intergovernmental agency IEA has warned of intense demand supply mismatch in lithium in years to come highlighting massive...
Mr Inappropriate
Regular
We really need the BFS to come out with the announcement to support the SP.
Does anyone know if the BFS needs to be approved by either partners or the government, or is it entirely in AVZ’s hands.
cruiser51
Top 20
This was posted only a couple of hours ago in The Africa Report:
THIRST FOR BATTERIES
Tantalex plans to raise funds for DRC lithium, tantalum, tin production
By David WhitehousePosted on Friday, 22 July 2022 06:00
Canada-headquartered Tantalex Lithium plans to raise funds to bring its assets in the Democratic Republic of Congo (DRC) into operation and continue exploration, CEO Eric Allard tells The Africa Report.
The company aims to raise $15m by early next year, which could be from an off-taker or strategic investor, Allard says. Tantalex is also working to secure bank loans and plans a small equity placement, he adds. Further fundraising would then be needed to build a mine at the largest project, Manono Tailings in south-east DRC, which contains lithium, tantalum and tin.
READ MORE DRC, Mali, Zimbabwe: The race to become a top lithium producer
Drilling continues at Manono Tailings, with a resource estimate due by mid-September and a final investment decision planned for 2023. Production could then start there by late 2024 or early 2025, which would coincide with a forecast peak in lithium demand, Allard says.
Lithium boom
Lithium is a key component in electric vehicle, wind turbine and solar panel batteries. Prices have surged this year as high oil prices accelerate global roll-outs of zero-emission transportation policies.According to Susan Zou, a senior analyst at Rystad Energy, the battery-grade lithium carbonate price in the domestic Chinese market currently is up by around 832% from the start of last year. Rystad says that the lithium carbonate price in China has room to increase further in the third quarter.
- Allard says that global demand for lithium is likely to rise by about six times between now and 2030, driven by climate change and electric vehicle adoption.
- Tantalex is listed in Canada and Frankfurt. This month, the stock started trading on the OTCQB venture market in the US.
- Executives including Allard hold 14% of its shares, and Swiss metals trader AfriMet Resources is a core shareholder.
Colonial roots
Mining activity at Manono was started by Belgian colonialists in 1913. Poorly maintained Belgian residences can still be seen there, says Allard, who lived for five years in the Republic of Congo and a year in the DRC.Parts of the road between Manono and Lubumbashi are difficult in the wet season, and some bridges need repairing, Allard says. He hopes to reach an agreement on paying for the repairs with the government, which is a minority partner in the project. It is “obviously in their interests” for the road to be fixed, he argues.
READ MORE Zimbabwe looks to lithium to power electric car revolution and its economy
The company has a smaller tin and tantalum project at Lubule, where it has invested $10m. Electronic components such as engine turbines and semiconductors contain tantalum, while tin is used in anti-corrosive plating and coating.
Allard is waiting for Tantalex’s exploration license to be converted into a mining permit. The process is “clearly procedural” and the permit is likely to be “days or weeks away,” he says.
- Starting production at Lubule would show investors that the company can operate in the region and generate positive cashflow to help fund more exploration, Allard says.
- The company’s Pegmatite corridor project also has great potential, Allard says. The lithium resource held by AVZ Minerals in the area is “the best lithium resource in the world,” he says.
- The Tantalex permit covers surface areas, where operating costs will be low, while AVZ has underground rights. The area has “high potential for further discoveries,” Allard concludes.
The bottom line
The world needs the DRC’s lithium resources if a mass shift to electric vehicles is to become reality.I thought it was in AVZ's hands.
From what nigel has said in the past, it's all ready to go pending ML. So i don't see why it can't come out same time as ML announcement if they wanted to.
Mr Inappropriate
Regular
Hi All
Just looked up Joseph Kabila net worth.............over $2 billion dollars in offshore accounts from 2001 - 2019 as president of the DRC.
Presidential salary is roughly $150 / 160, 000 a year...................thats what Felix is currently on , so my guess it was less than that in previous years, especially around 2001 and the early years there after.
So 19yrs of presendential service for Kabila ................19 x $150,000 ( lets be generous )= around $2.8m.
So how the fuck is he worth $2b ?..............
DRC minerals value is around $24 trillion.
DRC is the second poorest country in the world.
The average earn for the common folk is less than $2 a day.
In western worlds, if a criminal / or anyone is found to be in posession of exhorbitant amounts of unexplained money, they confiscate it / and imprisonment.
China coys and Kabila need to be probed big time, need to be punished big time, like this mother fucker
en.wikipedia.org
Its a disgrace whats going on in the DRC, its a disgrace with whats going on with AVZ.
When will the DRC folk wise up ?
I am looking forward to future posts whereby AVZ get what they thoroughly deserve from this extended suspension, i am looking forward to discussing the updated BFS, SEZ, FID, construction processes, battery hub development, production, dividends and a better future for the poor suffering locals.
I am thoroughly sick of discussing corruption........it makes me vomit brown paper bags full of snacks
In Felix we trust, in Nigel we trust, in justice we hope.
imo
Just looked up Joseph Kabila net worth.............over $2 billion dollars in offshore accounts from 2001 - 2019 as president of the DRC.
Presidential salary is roughly $150 / 160, 000 a year...................thats what Felix is currently on , so my guess it was less than that in previous years, especially around 2001 and the early years there after.
So 19yrs of presendential service for Kabila ................19 x $150,000 ( lets be generous )= around $2.8m.
So how the fuck is he worth $2b ?..............
DRC minerals value is around $24 trillion.
DRC is the second poorest country in the world.
The average earn for the common folk is less than $2 a day.
In western worlds, if a criminal / or anyone is found to be in posession of exhorbitant amounts of unexplained money, they confiscate it / and imprisonment.
China coys and Kabila need to be probed big time, need to be punished big time, like this mother fucker
Vital Kamerhe - Wikipedia
Its a disgrace whats going on in the DRC, its a disgrace with whats going on with AVZ.
When will the DRC folk wise up ?
I am looking forward to future posts whereby AVZ get what they thoroughly deserve from this extended suspension, i am looking forward to discussing the updated BFS, SEZ, FID, construction processes, battery hub development, production, dividends and a better future for the poor suffering locals.
I am thoroughly sick of discussing corruption........it makes me vomit brown paper bags full of snacks
In Felix we trust, in Nigel we trust, in justice we hope.
imo
Winenut
GO AVZ!!!!
good one Beish...spot onHi All
Just looked up Joseph Kabila net worth.............over $2 billion dollars in offshore accounts from 2001 - 2019 as president of the DRC.
View attachment 12260
Presidential salary is roughly $150 / 160, 000 a year...................thats what Felix is currently on , so my guess it was less than that in previous years, especially around 2001 and the early years there after.
So 19yrs of presendential service for Kabila ................19 x $150,000 ( lets be generous )= around $2.8m.
So how the fuck is he worth $2b ?..............
DRC minerals value is around $24 trillion.
DRC is the second poorest country in the world.
The average earn for the common folk is less than $2 a day.
In western worlds, if a criminal / or anyone is found to be in posession of exhorbitant amounts of unexplained money, they confiscate it / and imprisonment.
China coys and Kabila need to be probed big time, need to be punished big time, like this mother fucker
Vital Kamerhe - Wikipedia
Its a disgrace whats going on in the DRC, its a disgrace with whats going on with AVZ.
When will the DRC folk wise up ?
I am looking forward to future posts whereby AVZ get what they thoroughly deserve from this extended suspension, i am looking forward to discussing the updated BFS, SEZ, FID, construction processes, battery hub development, production, dividends and a better future for the poor suffering locals.
I am thoroughly sick of discussing corruption........it makes me vomit brown paper bags full of snacks
In Felix we trust, in Nigel we trust, in justice we hope.
View attachment 12258
View attachment 12259
imo
Samus
Top 20
and that coming from Mr Inappropriate... Imagine the rest of us
Bin59
Regular
Hey Daz, just check at this site - they should come out tomorrow sometime.
Présidence de la RDC
site officiel de la présidence de la république démocratique du congo
www.presidence.cd
Similar threads
