AVZ Discussion 2022
- Thread starter GazDix
- Start date
Nellie17
Regular
In my opinion, let's get RD sorted as in the mining licence etc, which as you said Fox should be very very soon, and then we get CDL sorted out.PS. Sorry, no word as yet on the Northern section. Frankly, don't care that much as RD has enough Lithium for 100 years.
Cheers,
Nells
bloke383
Regular
Don't care ? How much could CDL be worth to us if we proved it up & sold it off at a later date , or looked for another partner , American/European to help us develop it at a quicker pace ? It would be worth billions to us (it's possibly a larger , higher grade deposit) . Whereas if we lost it now , I think it would put a dampener on our share price when we resume trading again . I guess I'm just being greedyPS. Sorry, no word as yet on the Northern section. Frankly, don't care that much as RD has enough Lithium for 100 years.
In saying that , I don't think Nigel will let it get taken from us fraudulently , after being able to put Zijin in their place . It will be nice to get confirmation from AVZ via ASX though
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D
Deleted member 1612
Guest
True… but I do think NF has some merit in his ‘block out the noise and soldier on’ approach. The SP will work itself out - if you’re a long term holder these muppets and their articles and tweets won’t matter. I’d prefer to uphold our integrity as AVZ holders at the end of the day. Make like Buddha and sit under a tree, block out the noise and we will all find our Nirvana soon enough…
Nellie17
Regular
I don't think we will lose CDL, it just won't be part of the mining licence that is to be issued for RD.
Cheers,
Nells
CeckRaiseFold
Regular
Where is the currently ongoing drilling taking place, all RD or also CDL?
Retrobyte
Hates a beer
I believe it is just RD - drilling areas in the now dewatered pit
The Fox
Regular
I would not want to loose CDL, and I'd be surprised if it was taken off Dathcom and put into some tender / ballot / bribe systemDon't care ? How much could CDL be worth to us if we proved it up & sold it off at a later date , or looked for another partner , American/European to help us develop it at a quicker pace ? It would be worth billions to us (it's possibly a larger , higher grade deposit) . Whereas if we lost it now , I think it would put a dampener on our share price when we resume trading again . I guess I'm just being greedy
In saying that , I don't think Nigel will let it get taken from us fraudulently , after being able to put Zijin in their place . It will be nice to get confirmation from AVZ via ASX though
I agree and have said a number of times over the years its a great asset to either develop, sell or JV.To be more specific, I don't care about CDL right now in comparison to getting the ML through on RD and getting the show on the road, not in the literal sense.
No doubt there has been much lobbying by other parties to get a foothold in the Manono area for obvious reasons. Was Zijin's capitulation something to do with CDL? I doubt it and hope not. It would seem outlandish to catch a crook and then reward them for handing back what they stole.
Now that the size of the RD lithium resource is better know, is the DRC Gov thinking we should redistribute CDL on better terms than what has occurred with Dathcom? Are they thinking there are too many eggs in one basket with AVZ / Cominiere? maybe, yet I hope not very likely.
Momentum Attorneys now deleted tweets shared some insight into the enormity of the offer by AVZ being to Mine+SEZ+PPP+Value Chains by all accounts never happened before on such a grand scale to benefit the DRC.
If that is the case, you would expect AVZ / Dathcom would have to be favourites to secure a 5 year EL extension for CDL. Well it won't be long before we know a lot more.
Cheers The Fox
CeckRaiseFold
Regular
Fox, you hit on something important/interesting:I would not want to loose CDL, and I'd be surprised if it was taken off Dathcom and put into some tender / ballot / bribe system
To be more specific, I don't care about CDL right now in comparison to getting the ML through on RD and getting the show on the road, not in the literal sense.
No doubt there has been much lobbying by other parties to get a foothold in the Manono area for obvious reasons. Was Zijin's capitulation something to do with CDL? I doubt it and hope not. It would seem outlandish to catch a crook and then reward them for handing back what they stole.
Now that the size of the RD lithium resource is better know, is the DRC Gov thinking we should redistribute CDL on better terms than what has occurred with Dathcom? Are they thinking there are too many eggs in one basket with AVZ / Cominiere? maybe, yet I hope not very likely.
Momentum Attorneys now deleted tweets shared some insight into the enormity of the offer by AVZ being to Mine+SEZ+PPP+Value Chains by all accounts never happened before on such a grand scale to benefit the DRC.
If that is the case, you would expect AVZ / Dathcom would have to be favourites to secure a 5 year EL extension for CDL. Well it won't be long before we know a lot more.
Cheers The Fox
"Now that the size of the RD lithium resource is better know, is the DRC Gov thinking we should redistribute CDL on better terms than what has occurred with Dathcom? Are they thinking there are too many eggs in one basket with AVZ / Cominiere? maybe, yet I hope not very likely"
Two observations:
1) If indeed RD grows and grows in size as the sneaky drilling core pictures that have been taken off the web seem to show, then the mining of CDL, even in a 10 or 15MTpa scenario will be pushed out into the future and therefore becomes less valuable in NPV terms for AVZ. Full on focus on RD and getting mining must therefore be the most important thing to deliver value to shareholders. The news of a parcelled off CDL exploration permit will then not be that negative on our SP.
2) The DRC government is not interested in Dathcom sitting on a Li bank in the shape of CDL to be developed in 15 or 20 years time, they rightfully want to see CDL developed earlier and a new exploration permit separated from the ML of RD will be the most likely vehicle to achieve that for them. The same process is applied here in Australian O&G licence blocks when retention leases are renewed you only can hold on to the O&G resources you have discovered or otherwise proven their extend of, the rest you have to give back to the government.
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The Fox
Regular
All good points. FYI you might want to edit the use of "CD" in your post to "RD" some may not follow the discussion.
In a few countries you loose 50% of your EL every time you request an extension. It appears AVZ is very confident of holding CDL, yet what's another curve ball at the last minute
Fingers crossed there is nothing to worry about.
In a few countries you loose 50% of your EL every time you request an extension. It appears AVZ is very confident of holding CDL, yet what's another curve ball at the last minute
Fingers crossed there is nothing to worry about.
MoneyBags1348
Top 20
Don’t give them any ideas Fox, and to keep things clear, the EL referred to here is the PE in the DRC, signed MBAll good points. FYI you might want to edit the use of "CD" in your post to "RD" some may not follow the discussion.
In a few countries you loose 50% of your EL every time you request an extension. It appears AVZ is very confident of holding CDL, yet what's another curve ball at the last minute
Fingers crossed there is nothing to worry about.
Whoops I mean the PR 
…. Sorry for the constant sarcasm folks, the pressure was getting to me too, and now there’s light appearing at the end of the tunnel the pressure release valve is doing it’s own thing. There’s plenty of other related news like the Chinese now competing for infrastructure projects in and around the battery hub in Zambia as well as to do with us but I’ll just be happy when I don’t have to constantly be updating myself on all things related to AVZ. I’ve gone from complaining about unrelated post’s totying up these threads and being the worst offender. @Zeebot if you’re out there, mate a week’s suspension would do me the world of good please!!
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cruiser51
Top 20
Don’t forget about 50% of CdL is included in the current granted mining license (the section which has been drilled)I would not want to loose CDL, and I'd be surprised if it was taken off Dathcom and put into some tender / ballot / bribe system
To be more specific, I don't care about CDL right now in comparison to getting the ML through on RD and getting the show on the road, not in the literal sense.
No doubt there has been much lobbying by other parties to get a foothold in the Manono area for obvious reasons. Was Zijin's capitulation something to do with CDL? I doubt it and hope not. It would seem outlandish to catch a crook and then reward them for handing back what they stole.
Now that the size of the RD lithium resource is better know, is the DRC Gov thinking we should redistribute CDL on better terms than what has occurred with Dathcom? Are they thinking there are too many eggs in one basket with AVZ / Cominiere? maybe, yet I hope not very likely.
Momentum Attorneys now deleted tweets shared some insight into the enormity of the offer by AVZ being to Mine+SEZ+PPP+Value Chains by all accounts never happened before on such a grand scale to benefit the DRC.
If that is the case, you would expect AVZ / Dathcom would have to be favourites to secure a 5 year EL extension for CDL. Well it won't be long before we know a lot more.
Cheers The Fox
Why should AVZ be penalised for finding the resource CDL. It is part of the tenement and have every right to it.
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