AVZ Discussion 2022

[JAG]

 

[JAG]

 

[Remark]

Thanks mate, i think i spewed out the last of the flem , now have to catch up with mounting work load, getting there, which is the reason why i have been a bit quiet......( some would say .." thank fuck for that ! " )

Hoping for the best tomorrow, but dont have great expectations, much prefer that we have all our ducks lined up first

The positive is, when AVZ gets back on board, we will have a stable if not a slightly bull tinge MACRO to work with !

View attachment 12650

View attachment 12651

imo

Good to see you back Beisha. Nigel may surprise some people (well pretty much all of us) tomorrow.

In reality I should stop being such an optimist

 

[Winenut]

God I would love to see everything sorted and this thing trading again, zooming past $1.365 on our way to mining and providing opportunities for the people of Manono while giving FT a super boost of support for the elections in 2023!!!

 

[John25]

Oh well …we will see soon enough ..edgy /stressful ..might need some of “Nuts” Mushrooms
https://www.google.com.au/imgres?im...hUKEwjV2YGV3Zr5AhU9_DgGHbZlA9cQMygAegUIARCzAQ

 

[JAG]

Ouch!!!!!!

 

[Frank]

Where was the US / Europe when AVZ were spruiking offtakes ?

I preyed and preyed on the hot crapper for some balance.............instead we / AVZ are dominated by chinese entities ...........all under the guise and instruction of President Xi.

Maybe the US / Europe knew about all the " brown paper bags snack " corruption sagas before us retail plebs and decided to stay on the sidelines ?

I guess better late than never, something has to be done to keep those chinese entities " honest "...

*Welcome back from the C - B

Re: US / EU - What J said, plus a bit extra from F thanks to Q on the C, as

Since his election in 2019, when he completed the country’s first peaceful democratic transition of power, President Félix Tshisekedi has governed through a reformist agenda aimed at improving the DRC’s economic outlook.

A central pillar of his strategy has been to counter corruption within the mining sector, which has traditionally prevented the country from fully benefiting from its cobalt riches.

To this end, Tshisekedi committed last year to audit and, if necessary, renegotiating all existing mining contracts.

With the DRC now putting its full weight fighting corruption in its mining sector, the EU can have greater confidence in the country as a reliable trade partner.

Lastly, Europe should concentrate on trading partnerships that could give it access to copper, which is required in large quantities to produce wind, solar and nuclear power plants.

Unfortunately, the EU is likely to face a series of obstacles to achieving this goal, since mining in the two largest exporters of copper – Peru and Chile – is being threatened by recent political developments.

In Peru, weeks of protests have brought copper mining to a standstill, with President Castillo resorting to calling the army to restore production.

In Chile, instead, the recent election of the far-left President Gabriel Boric, who plans to increase taxation and royalties for mining activities, has caused unease for companies operating in the region.

Even if the political trajectory in both countries seems to put mining exports at greater risk, the EU can still turn to Australia, the DRC, and the United States, which are all sitting on large untapped reserves of copper.

Regardless of what the political challenges may be, if Europe is serious about turning the energy crisis caused by Russia’s invasion of Ukraine into a seminal moment for its green transition, it cannot merely think about the short-term.

Transforming carbon reduction targets into reality mean the EU must start now securing the raw materials and minerals it will need to build clean energy infrastructure and electric batteries.

Crafting strategic partnerships and closer trade agreements with key exporting countries is therefore the biggest investment the EU can make for its green future.

EU Today - Your Source for News from the EU and Beyond

Stay up-to-date with the latest news, insights, and analysis from EU Today, your trusted source for EU and international news.

eutoday.net

The DRC mining industry produced 572,983 tonnes of copper from January to March 2022​

The mining industry in the Democratic Republic of the Congo produced 572,983 tonnes of copper between January and March 2022 compared to 379,755 tonnes of copper in the same period in 2021, an increase in production of 193,228 tonnes, according to Bank data. central Congo in its compendium of statistical information.

During the first three months of this year, Gécamines produced 805 tons of copper, less than 1% (or more exactly 0.14%) of the production volume of the Congolese mining industry.

Recall that for the whole of 2021, the Democratic Republic of the Congo produced 1 million 797,836 tonnes of copper.

copperbeltkatangamining.com

More Food for thought on the Road to Mining Manono Bro's

Cheers

Frank

 

[JAG]

GLAH

 

[JAG]

Any chance someone can remind Stevo and Chilla that they need to get there arse over here for the backslapping unicorn party that's to be paid for by the rodent?

 

[Helios]

Avz'rs, wondering if anyone can answer this one.

Example.

If you shorted AVZ by way of CFD for simplicity sakes, but whilst in suspension the margin requirement went to 100% and you could no longer fund the margin. The CFD position was then forced closed by provider.

Does that mean on re commencement of trading the broker is forced to buy at market and the loss is transferred to the original shorter. Or does the broker elect when to buy back that position.

Just trying to work out how fucked some people are when avz starts trading

 

[TDITD]

About this fucked Helios :

 

[JAG]

Gotta be a better way.......

 

[JAG]

My boats sold today & gone tomorrow pending money transfer, perfect timing if there is a dip I’ll be buying the shit out of it and will buy a bigger boat eventually..

You will see my AVZ Flag from the breaky hopefully

GLTAH

Apparently this is now yours? Thanks for the invite

 

[Winenut]

Apparently this is now yours? Thanks for the invite
View attachment 12694

 

[Azzler]

Excuse me but I for one, would like to know more about the lady on the boat.

 

[JAG]

 

[JAG]

Excuse me but I for one, would like to know more about the lady on the boat.

Oh, thats Abby

 

[Azzler]

Oh, thats Abby

I would like to charter your boat sir.

 

[BEISHA]

About this fucked Helios :

God I love TSE, if that was posted on the hot crapper, how long would it last before being modded ?

About this long......

Oh dear........just caught a stiffy.

Shorters fucked both ways.....lol

Sorry for the off topic @MoneyBags1348 .....

 

[ptlas]

Avz'rs, wondering if anyone can answer this one.

Example.

If you shorted AVZ by way of CFD for simplicity sakes, but whilst in suspension the margin requirement went to 100% and you could no longer fund the margin. The CFD position was then forced closed by provider.

Does that mean on re commencement of trading the broker is forced to buy at market and the loss is transferred to the original shorter. Or does the broker elect when to buy back that position.

Just trying to work out how fucked some people are when avz starts trading

Assuming CFDs, would guess the broker would hold the position open during suspension to maximise fees.

Their algo will probably decide when to close a position based purely on price and aimed to maximise their profits.

So game on once trading recommences.

The brokers won't make a loss as the whole set up is skewed in their favour.

Unless these big hitters have specific arrangements with the brokers, they will be at their mercy. Or lack thereof.

This scenario assumes the news is good and price rises.
Alternatively, they keep their todgers up our bottoms