AVZ Discussion 2022

[ChrisU]

They usually head to UAE and have team meetings there.

 

[Stockinvesting]

Buddy it's been asked multiple times over the last few days, stop trying to waste people's time.

Like I said. Question was for Fox.

 

[The Fox]

Like I said. Question was for Fox.

Sorry I missed the question before. At this stage, yes I think before the 10th of October, that's my personal opinion. In saying that, I don't think AVZ management would know the exact date they expect to resume trading at this stage. So at this stage and based on a poor track record of resumption of trading expectations, I think it best I refrain from calling out anymore birthdays.

Besides, I'd hate to spoil the surprise

 

[wombat74]

As for the Cami dude away on leave . I wonder if it's at all possible if we can get those documents to him to sign . I wouldn't like to upset his holiday . If we could track down the hotel he's staying in and wait until he is pool side . Maybe deliver the documents with a pina colada . Sign here you low life scum bag . Love you Fox but that's the biggest bunch of bull shit I've read so far . Next thing we know someone will come down with covid with complications . They are on the mend but their fingers don't work and cannot sign necessary documents . Anyway all will be revealed during this current suspension . Times up . No more excuses after this . GLTAH

 

[The Fox]

Big effort there Foxy . Ever thought about becoming a novelist ?

Thanks Wombat.

I have a working title for the book already, however there might be some copywrite issues to overcome. The story has all the elements you need for a good book and maybe even a movie. The hero of the story has to work his way through an unfamiliar and unfriendly Kingdom with villains at every turn, plenty of trolls, dark magic and even a Princess. It will be a real page turner, will our hero survive and save the day?.......well you will just have to read the book.

Nigel: An Unexpected Journey

 

[Frank]

Nigel, brother, the DG of CAMI went on unexpected leave, he’s out of the country, we need his signature.

Unexpected leave?
Perhaps he has left permanently with all the internal investigations?

*Fyi, fwiw, I see where,

President Félix Tshisekedi promulgates a series of orders for the retirement of secretaries general​

President Félix Tshisekedi has, under the terms of a series of ordinance made public on Friday September 16, 2022, on the antennas of the Congolese National Radio and Television (RTNC) retired and admitted to emeritus the secretaries general of the public administration and honorary promotions of certain senior officials.

This retirement is consecutive to the fact that the persons concerned have rendered good and loyal service to the nation and fulfill the criteria required for the definitive cessation of their service, in accordance with the organic law establishing the organization and functioning of public services as well as the ordinances relating to the administrative regulations relating to the definitive termination of the services of the career staff.

In addition, the Head of State raised on the same day to an honorary title the senior civil servants of certain ministries to the ranks of general secretaries, directors and divisional officers, in particular, of foreign affairs and regional integration, of the budget, of higher education and university, trades and crafts vocational training, the civil service, family and children gender, industry, justice, tourism, interior and general territorial inspection, the secretariat and the general for customary affairs .

Kinshasa, Sept. 17, 2022 (ACP).

Vidiye Tshimanga retro commission file: Félix Tshisekedi's cabinet insists that the rigor of the law is taxable to all

The Presidency breaks its silence about the viral video of the Special Advisor to the Head of State on Strategy Vidiye Tshimanga.

Through a press release made public this Friday, September 16, 2022 in Kinshasa, the director of the communication unit Éric Nyindu informs national and international opinion of the good fight that President Tshisekedi has been waging since his accession to power to put an end to corruption.

“The Head of State has consistently shown firmness in combating this scourge which has impoverished our country for decades.

The creation of the National Agency for the Prevention and Fight against Corruption, the rehabilitation of the General Inspectorate of Finance, the revitalization of the Court of Auditors as well as the process of digitalization of public administration are tangible proof of this says Eric Nyindu

And to continue:

"The defense of the general interest, strict respect for the law and the promotion of the rule of law are at the heart of President Tshisekedi's vision to build social justice that benefits all Congolese"

At the same time, the Office of the President of the Republic warns that no one is above the law.

“Any person, including within the office of the President of the Republic, whose behavior has violated the law, the ethics of his office or the internal regulations of the presidential office, will suffer the rigor of their effects” concludes Éric Nyindu

It should be recalled that Vidiye Tshimanga has, in a video broadcast on social networks, promised to acquire mining licenses for investors in exchange for a commission in a joint venture.

In their discussions with the alleged investors, Vidiye Tshimanga describes how he could hide his share behind proxies and offshore companies.

 

[The Fox]

As for the Cami dude away on leave . I wonder if it's at all possible if we can get those documents to him to sign . I wouldn't like to upset his holiday . If we could track down the hotel he's staying in and wait until he is pool side . Maybe deliver the documents with a pina colada . Sign here you low life scum bag . Love you Fox but that's the biggest bunch of bull shit I've read so far . Next thing we know someone will come down with covid with complications . They are on the mend but their fingers don't work and cannot sign necessary documents . Anyway all will be revealed during this current suspension . Times up . No more excuses after this . GLTAH

I love you too. I even bought you a Ricky Gervais designed t-shirt.

 

[CeckRaiseFold]

I chatted with a long termer in AVZ who has Chinese business experience and he said, the Chinese would be hedging - willing to work with either. Working with Chinese would be easier for them but they don’t own the turf as you all know
@Xerof - it’s not true there is a lot of discussion outside public eye, just not giving oxygen to the thread naturally.

Tendoji post clearly showed how central Simon Cong has been to Chinese ventures and how threats could come from different directions and it’s not just hearsay- it’s on the record, that your enemy works for your customer.

It sheds new light on asking why Cong transacted with Eckhoff and associates rather than CATL’s Yuqun. Better value?

Some of us may have worked out from Langford or Nigel or even Joe Lowry commenting on PLS how mean CATL’s business manager was to deal with such that they only transacted with Tantalex February 2018 and earlier in NAL on the cheap (already Chinese owned).

Then interestingly you had the CR with Cantor client later in Feb and Klaus’s version of honesty: the Chinese want to see more progress before committing. This is despite Huayou already officially expressing interest in going to mine since August 2017 - imagine that? AVZ would clearly be ramping up to 4.5 to possibly 10mtpa if so… JORC economics would look after itself as the project progresses

It took about 2 years to see Yibin emerge. Other than that, LP’s Bin Guo early 2019.

CATL could have worked with Huayou and that didn’t work. And CATH working with Zijjn is not a certainty either just based on simple optic of precedent.

All along I think the big hold up on sentiment has been transport and the Chinese have been trying to move AVZ along. The French in an offical diplomatic news outlet made a note of this in 2019 some may recall.


Basically AVZ just can’t rely on Chinese money. There is a massive question on the $285mil for road works to Manono. Nigel as I recall has said on more than one occasion the completion is up to 100km from Manono. It just looks like industrial warfare. Nigel’s endearing trait is he just doesn’t give up ‘the ball’ no matter what condition it’s in from time to time.

Basically it seems US is getting more serious about making efforts to curb China influence. The issue is the Congolese are junkies on Chinese brown paper bags of stuff. A habit that started with Mobutu under whose influence? CIA?

The coup plan attempt by head of Congolese intel in January this year underscores how hard change is, and if anyone thinks FT is a white knight in AVZ favour needs to sober up out of the koolaid. This is politics and it’s not sealed for AVZ until it has been.
Further I stil harbour doubts AVZ wanted to go to mine. It might just be too hard to find the talent for lithium processing without CATH asking why they only have 24% of project….

It was extremely difficult to find a non executive chairman. Not many westerners want to work in Manono? Think about it. Contractors alone is not the way I assume.

I am happy to discuss where the rare talent for lithium processing comes from.

Remember: Nigel wanted to start out quite simple with DMS only 2mtpa, and work up. But then ambition for more surfaces and I don’t think it was Nigel’s ambition but one born from reducing transport costs but also ESG stuff and, get this: FT’s political ambition. I remember seeing Nigel’s face first time he uttered a lithium hydroxide plan and he looked a bit weary not delighted. Is it possible the Chinese are saying AVZ are just speculators and not miners, get them to give up the ghost?

Of course there is lots of dirty work going on. And hopefully corruption is burnt to the stake. No one should get away with his criminal undertaking. In fact it’s interesting because Cong would be scared but also menacing at same time. The more light on his misconduct the more he is scared and he also doesn’t want to damage AVZ outright because that might limit concessions he can draw from them because in the scheme of things Cong is quite powerful. But can that change? I’d say the CIA would like to see him move back to Gansu Provice or Monaco

It’s important that positives and negatives are covered and that cowards don’t bully and censor the detail for wealth preservation decision making. We saw how holders were misled in 2018, simply because they followed the word of a guru ninja, and the herd.

Isn’t that right @Nellie17 ? I’ve never noticed this ID in 6 years but they have strong opinions - what’s with all the conspiracy doxxing? I’ve also noted charbella or similar pontificating on my earlier in the year claims as answered by the company. I have no idea what you’re talking about so I’d like you to itemise what it is. Because I don’t think you know what you’re talking about and in fact anyone coming after me just isn’t thinking with their head screwed on but toying with an electrical consent.
Mark my words

I've got to agree and I said so in earlier posts, AVZ is not a mining company, definitely not staffed or experienced for a10MTPa plant in DRC with hydro power, roads and rail, hydroxy plant. Have you checked their organisation?
They need to prove up the reserves, get the ML, offtakes, BFS and SEZ, then sell down or sell out.
Nobody tells me that any contracts tendered 2 to 3 years ago are still valid and ready to go once ML and financing is in place. I asked about that during investor event in April 2021 and the responses were very cagey and evasive. Neither are those contracts for the upscaled plant. Where does AVZ get the skills and bodies from to run such a huge undertaking with all the challenges along the way? Sell down or TO is the realistic endgame IMO. $2 - $3 per share and I'll be very, very satisfied.
All this talk about $2 - $3 dividends is fairy stuff. Woodside energy having its best year revenue wise is paying just around 3 dollars a share with a SP of over thirty dollars. That's just not gonna happen for AVZ.

 

[Samus]

All those twitter bots are following Elon Musk.
I wonder how many of his followers are bots

 

[Winenut]

 

[Stockinvesting]

Sorry I missed the question before. At this stage, yes I think before the 10th of October, that's my personal opinion. In saying that, I don't think AVZ management would not know the exact date they expect to resume trading at this stage. So at this stage and based on a poor track record of resumption of trading expectations, I think it best I refrain from calling out anymore birthdays.

Besides, I'd hate to spoil the surprise

Thanks for taking the time to reply mate. Appreciate it.

 

[wombat74]

View attachment 16854

Great T-shirt Fox . In a recent post you mentioned the following : "Cong has agreed not to claim any ownership percentage of AVZ so all in the clear there around ownership issues, although Cong still has his hand out, but we can sort that out don’t worry."
Do you know this for a fact ? If true who is the "We" in "we can sort it out ?"

You also mentioned something about Nigel flying back to the DRC on request as everything was ready to go only to find it wasn't.
Is Nigel currently flying back and forth to finalize things only to be stuffed around ?

Sorry mate I wasn't quite sure if you were practicing your creative writing skills or you were giving us a run down on what's been happening . Cheers

 

[BEISHA]

Hi All

Fuck me............feels like a bunsen burner in this forum atm........


I may as well add to the fire.........


MYSOGYNY ?

Give me a break, when that was mentioned, i looked back on all the posts and couldnt find squat........am i to assume feelings were hurt when @JAG sent another girly pic ?

Like many on this forum , i am a male, have a wife and a daughter, so by me giving JAG a " like " for a gorgeous girl, does that make me a mysogynist ?

I have much respect for the female brigade as i am sure everyone here does, feel utterly disgusted that in the great nation of OZ, that 1 in 3 females get domestically abused.........

So to even up the score

Enjoy ladies...........


@Der Geist , @R2D2

Whats with the chinese symbols ?............wtf ?

Not being discrimintory , cause i have alot of chinese clients, some are also mates, but considering chinese state backed coys like Zijin ( amongst others ) plus Cong are the core evil in this ROYAL SHIT SHOW aka @John25 , i consider that to be a red flag to a bull in the TSE AVZ community.....

I reckon @The Fox has nailed the current situation succinctly, this is completely out of Nigels hands this royal shit show, probably the reason why a whole heap of " deadlines " havnt been met in the past either........

Should Nigel have been a little bit more transparent with shareholders / ASX about a possible shit storm brewing ?.............possibly, or possibly not, like i said in a previous post, if Nigel did allude, then AVZ SP might have tanked regardless...........markets hate ambiguity !

Damned if you do, damned if you dont.

Given what we know now with all this corruption shit, i reckon he has done a hell of a job to navigate AVZ to the ML decree stage..........

Easy to criticise, but what a unforgiving job having to deal with corrupt DRC officials plus back stabbing chinese coy looking to take away your prized possessions that you have worked your tits off to achieve !!

It reminds me when i was a kid when i won the 14 & under state tennis title, i received this awesome trophy, i was proud as punch.........only to then have that taken away from me due to a mistake and was handed another trophy that looked like a door stop..............

Anyway..............another extended suspension........

But.......there is hope.

" The company is confident of a positive outcome for its share holders , resulting in the re-instatement of trading in its securities. "

Nigel wouldnt make such a comment if indeed it wasnt true....


I reckon @Nellie17 and @The Fox have been on the money all along............just not the time lines.

I reckon Felix is finally showing his true colours.

All the jigsaw pieces i read from the great sleuths in this forum point to a positive outcome.


But i will only believe its TRUE..............once that formal ASX announcement drops on the 10/10 or earlier.


Stay strong my brothers and sisters................party time may not be that far away.

imo

 

[Soapy]

I've got to agree and I said so in earlier posts, AVZ is not a mining company, definitely not staffed or experienced for a10MTPa plant in DRC with hydro power, roads and rail, hydroxy plant. Have you checked their organisation?
They need to prove up the reserves, get the ML, offtakes, BFS and SEZ, then sell down or sell out.
Nobody tells me that any contracts tendered 2 to 3 years ago are still valid and ready to go once ML and financing is in place. I asked about that during investor event in April 2021 and the responses were very cagey and evasive. Neither are those contracts for the upscaled plant. Where does AVZ get the skills and bodies from to run such a huge undertaking with all the challenges along the way? Sell down or TO is the realistic endgame IMO. $2 - $3 per share and I'll be very, very satisfied.
All this talk about $2 - $3 dividends is fairy stuff. Woodside energy having its best year revenue wise is paying just around 3 dollars a share with a SP of over thirty dollars. That's just not gonna happen for AVZ.

In my opinion i believe what you have said is right on point and well we are back on the TO caper I'm going to burst you bubble and say $2-3 is overly optimistic. I feel $1.50 will be max and that the line in the latest announcement "The company is confident of a positive outcome for its shareholders" in my opinion possibly refers to a TO being negotiated. this is completely a gut feeling, holds no merit and I'm clutching at straws with a big guess. However I just thought I would have a ramble on a Sunday afternoon as its a change from Pineapples, Boats, Steak, Red wine and golden Easter eggs.

On a side note NF has many million reasons to negotiate a take over and for a lot of holders $1.50 would be life changing and a heroic move. Not too many GEOs go from explorer 4c to multi billion dollar TO. JUST THINK ABOUT THAT. its very easy to get side distracted with rose tinted goggles when people are throwing around figures of $5,$7....... but is this reality???

Don't get me wrong I'm arms wide open to $2-$3-$5 but I think its a little dreamy.

all in my own opinion of course and guessing and speculating is all we can do until we get official news.

 

[Winenut]

Hi All

Fuck me............feels like a bunsen burner in this forum atm........


I may as well add to the fire.........


MYSOGYNY ?

Give me a break, when that was mentioned, i looked back on all the posts and couldnt find squat........am i to assume feelings were hurt when @JAG sent another girly pic ?

Like many on this forum , i am a male, have a wife and a daughter, so by me giving JAG a " like " for a gorgeous girl, does that make me a mysogynist ?

I have much respect for the female brigade as i am sure everyone here does, feel utterly disgusted that in the great nation of OZ, that 1 in 3 females get domestically abused.........

So to even up the score

View attachment 16842

Enjoy ladies...........


@Der Geist , @R2D2

Whats with the chinese symbols ?............wtf ?

Not being discrimintory , cause i have alot of chinese clients, some are also mates, but considering chinese state backed coys like Zijin ( amongst others ) plus Cong are the core evil in this ROYAL SHIT SHOW aka @John25 , i consider that to be a red flag to a bull in the TSE AVZ community.....

I reckon @The Fox has nailed the current situation succinctly, this is completely out of Nigels hands this royal shit show, probably the reason why a whole heap of " deadlines " havnt been met in the past either........

Should Nigel have been a little bit more transparent with shareholders / ASX about a possible shit storm brewing ?.............possibly, or possibly not, like i said in a previous post, if Nigel did allude, then AVZ SP might have tanked regardless...........markets hate ambiguity !

Damned if you do, damned if you dont.

Given what we know now with all this corruption shit, i reckon he has done a hell of a job to navigate AVZ to the ML decree stage..........

Easy to criticise, but what a unforgiving job having to deal with corrupt DRC officials plus back stabbing chinese coy looking to take away your prized possessions that you have worked your tits off to achieve !!

It reminds me when i was a kid when i won the 14 & under state tennis title, i received this awesome trophy, i was proud as punch.........only to then have that taken away from me due to a mistake and was handed another trophy that looked like a door stop..............

Anyway..............another extended suspension........

But.......there is hope.

" The company is confident of a positive outcome for its share holders , resulting in the re-instatement of trading in its securities. "

Nigel wouldnt make such a comment if indeed it wasnt true....


I reckon @Nellie17 and @The Fox have been on the money all along............just not the time lines.

I reckon Felix is finally showing his true colours.

All the jigsaw pieces i read from the great sleuths in this forum point to a positive outcome.


But i will only believe its TRUE..............once that formal ASX announcement drops on the 10/10 or earlier.


Stay strong my brothers and sisters................party time may not be that far away.

View attachment 16870

View attachment 16871

imo

That tennis trophy side story was funny as shit

Nevertheless kudos for winning the U14 title you must have been pretty damn good!

I played tennis on the grass courts at Applecross once back in the day and then dragged a net up and down the Swan catching prawns which were then promptly dumped into a huge pot of boiling water on a fire right near the rivers edge and then consumed

Unbelievable.....would have been around mid-late 70's

Had to wear sandshoes in the river when dragging for the prawns so you didn't get spiked accidently by the Cobblers

 

[The Fox]

Great T-shirt Fox . In a recent post you mentioned the following : "Cong has agreed not to claim any ownership percentage of AVZ so all in the clear there around ownership issues, although Cong still has his hand out, but we can sort that out don’t worry."
Do you know this for a fact ? If true who is the "We" in "we can sort it out ?"

You also mentioned something about Nigel flying back to the DRC on request as everything was ready to go only to find it wasn't.
Is Nigel currently flying back and forth to finalize things only to be stuffed around ?

Sorry mate I wasn't quite sure if you were practicing your creative writing skills or you were giving us a run down on what's been happening . Cheers

Howdy Wombat, I don't know where Nigel is presently or exactly what he is told or by whom in the DRC. I would not suggest anyone consider information on these threads as fact, far too strong a word. The AVZ story has been all over the shop IMO so hard to take comfort in any information being accurate or at best, only for a short time. Persons on the ground I connected with a few months ago (that are not part of AVZ's team or advisors) do paint a picture of what is going on and that leads to filling in some gaps with conjecture or assumptions. That's the best I can do while we wait for offical or formal information. Cheers The Fox

 

[tonster66]

In my opinion i believe what you have said is right on point and well we are back on the TO caper I'm going to burst you bubble and say $2-3 is overly optimistic. I feel $1.50 will be max and that the line in the latest announcement "The company is confident of a positive outcome for its shareholders" in my opinion possibly refers to a TO being negotiated. this is completely a gut feeling, holds no merit and I'm clutching at straws with a big guess. However I just thought I would have a ramble on a Sunday afternoon as its a change from Pineapples, Boats, Steak, Red wine and golden Easter eggs.

On a side note NF has many million reasons to negotiate a take over and for a lot of holders $1.50 would be life changing and a heroic move. Not too many GEOs go from explorer 4c to multi billion dollar TO. JUST THINK ABOUT THAT. its very easy to get side distracted with rose tinted goggles when people are throwing around figures of $5,$7....... but is this reality???

Don't get me wrong I'm arms wide open to $2-$3-$5 but I think its a little dreamy.

all in my own opinion of course and guessing and speculating is all we can do until we get official news.

$1.90 for KDR, surely this resource is far superior.

 

[Soapy]

$1.90 for KDR, surely this resource is far superior.

But what was their Market cap with $1.90? I thought it was in the millions not billions happy to be wrong Tonster

 

[Samus]

In my opinion i believe what you have said is right on point and well we are back on the TO caper I'm going to burst you bubble and say $2-3 is overly optimistic. I feel $1.50 will be max and that the line in the latest announcement "The company is confident of a positive outcome for its shareholders" in my opinion possibly refers to a TO being negotiated. this is completely a gut feeling, holds no merit and I'm clutching at straws with a big guess. However I just thought I would have a ramble on a Sunday afternoon as its a change from Pineapples, Boats, Steak, Red wine and golden Easter eggs.

On a side note NF has many million reasons to negotiate a take over and for a lot of holders $1.50 would be life changing and a heroic move. Not too many GEOs go from explorer 4c to multi billion dollar TO. JUST THINK ABOUT THAT. its very easy to get side distracted with rose tinted goggles when people are throwing around figures of $5,$7....... but is this reality???

Don't get me wrong I'm arms wide open to $2-$3-$5 but I think its a little dreamy.

all in my own opinion of course and guessing and speculating is all we can do until we get official news.

Yes 7-11b takeover seems like fantasy land imo. Even 5.4b for this headache looks pretty far fetched.
It's starting to feel like if we walk away from this clusterfuck with $1.5 we could thank our lucky stars and I'd rather do that than have my money tied up under suspension for years as the market loses faith.
I'm not sure what the DRC are playing at but it doesn't feel right. The apparent support we enjoy from the government isn't on display, the battery council is starting to feel like carrot on a stick as the only public support to date.
Still no collaboration agreement, mining licence, HEPP agreement etc. All things that were touted to be ready to go months if not years ago.
WTF are these dodgy pricks playing at?
We're caught up in a mess of politics and corruption while the production date slips away to the point we'll miss the peak demand for lithium over the coming years.
I'll be glad to be out of this shit tbh if everything isn't 100% above board and ready to go very very soon. After the time that's passed it really should be and hopefully with 85-90% ownership.
The worst fear is a slide back into the 20-50c range after resumption of trading along with another forced period of holding for years until the price recovers.

 

[Carlos Danger]

$1.90 for KDR, surely this resource is far superior.

But what was their Market cap with $1.90? I thought it was in the millions not billions happy to be wrong Tonster

Kidman had around 408m shares outstanding valuing Wesfarmers take over for $1.90 per share at $776m AUD

AVZ has 3.52b shares outstanding which at current share price of $0.78 is a market value of $2.75b AUD