AVZ Discussion 2022

[Winenut]

He looks extremely pleased to receive the award....

 

[Thaz]

He looks extremely pleased to receive the award....

He has seen some shit.

 

[Rediah]

Rediah, I’ve stopped contributing to the forum because way too much bullshit and unrelated and unresearched comments for me but I just wanted to reply to you.

PLS now have a market capital of $15billion, low grade product and half the size us, and although there are producing, battery manufacturers want high grade product and we have the highest.

Due to supply issues and rising interest rates world wide, battery factories and EV manufacturers are running behind schedule, but still investments around batteries are now heading toward the $trillion range and even though we are behind schedule, we should be in the sweet spot.

Too many panic merchants and shareholders who have had enough now wanting a TO…. short term perspective in my view. There’s already been infrastructure around Manono’s routes to market and agreements made between the DRC, Zambia and other states so there’s no facts that the project and transport won’t be built in the time frame…. just a lot of conjecture based around past corruption issues. Of course it’s been hard for Felix to clean up the politics and corruption, and it’s been hard for Nigel to give accurate timelines, we’ve all had the shits with him, but those of us that have spoken to him at length possibly have a different understanding than those who just post fucken bullshit.

Aside from that, I’m 95% sure that R2D2 is a troll, and suspect has mates ready to join in.

I don’t want a reply to this post because I’m sick of reading bullshit and want to spend my time on things that mean more to me, but finish by saying I don’t regard your post as part of the bullshit

Many thanks MB,
And really appreciate your contributions along with many others.

I dont want people to think that I am complaining about the TO and cant accept the reality, if and when it happens then I am sure my opinion wouldn't matter and whether I like it or not, have to take that TO deal whatever figure it might be. A good friend and AVZ SH told me to ignore the noise some 6 months ago, and its the best advise so far, and I am ignoring these all hopes lost, TO offers etc the same way I have ignored $3,$5,$10 and Dividend talks. My focus (and assume many others here) at this stage is that we trade again and let the process take its natural course of action in its reasonable time and worry about things when it happens where we have a flexibility to make decisions on personal level (sorry for stating the obvious).

So to clarify further, I am not asking for only up-ramping posts on here because TO or further suspension is making me nervous, would like to see facts which most of the guys do their best to provide. End of my rant/frustration.

So again, thank you MB and rest for you for your valuable contributions

 

[Bin59]

For those not watching Twitter, below is an interesting post by Svetlana - I’d missed Nigel making any reference to “Arab interests”, if true, it makes the USD$1Billion MOU with them very encouraging news for AVZ shareholders imo.

 

[Samus]

Attention!The world's largest lithium mine has obtained a mining license, and many Chinese lithium giants are involved​

https://inf.news/en/economy/196eeac86d551c339963d5c50c2ce045.html

 

[wombat74]

Attention!The world's largest lithium mine has obtained a mining license, and many Chinese lithium giants are involved​

https://inf.news/en/economy/196eeac86d551c339963d5c50c2ce045.html

"On the whole, AVZ has obtained the mining license of the Manono lithium-tin mine project this time, and Tianhua Times will obtain a 24% stake in the project. As a major shareholder of AVZ and a project participant, it can be described as a win-win."

 

[Rediah]

For those not watching Twitter, below is an interesting post by Svetlana - I’d missed Nigel making any reference to “Arab interests”, if true, it makes the USD$1Billion MOU with them very encouraging news for AVZ shareholders imo.

What all I know about Dubai (UAE) of last 40 years of my close connections, they would love to have the bargaining rights for the latest and greatest, if clean energy and moving away from oil gives them the edge on other Oil rich countries (Saudi, Kuwait and Qatar) at the cost of investing in DRC, they will accept it with open arms minus the pineapple. For them, $1B is pocket change as they have spent 100 times more on other projects (dont want to use financially failed ventures as they dont like it , such as World shape Island $20B is 17years and counting, DubaiLand $55B, Palm Islands, and now Moon Shaped Resort for $5B ) , as long as it gives the name (fame) in the world they are OK with it.

So might as well, this money, if and when it comes, can be spent on good cause such as on DRC/AVZ and would hate to see it goes into the hands of usual suspects.

 

[cruiser51]

Attention!The world's largest lithium mine has obtained a mining license, and many Chinese lithium giants are involved​

https://inf.news/en/economy/196eeac86d551c339963d5c50c2ce045.html

It is a Hong Kong based news item, it refers to HKT (Hong Kong Time) at the top of the article, further too many mistakes in the story.

It is more a wishful thinking story, btw, the ML was decreed to Dathcom not AVZ.
Good to notice that they have the 75% right this time.

Thanks Sam for the laugh, but I am afraid the article is good for soaking up my old cooking oil.

 

[DiscoDanNZ]

Attention!The world's largest lithium mine has obtained a mining license, and many Chinese lithium giants are involved​

https://inf.news/en/economy/196eeac86d551c339963d5c50c2ce045.html

"On the whole, AVZ has obtained the mining license of the Manono lithium-tin mine project this time, and Tianhua Times will obtain a 24% stake in the project. As a major shareholder of AVZ and a project participant, it can be described as a win-win."

"In September 2021, Tianhua Times ( 75 % of Tianhua Energy / 25% of CATL) reached an agreement with AVZ of Australia to inject US$240 million (about 1.5 billion yuan) into Manono in Congo (DRC). For the project, Tianhua Times will also acquire 24% of the equity of the project company, while AVZ will retain 51% of the equity, and the remaining 25% will be held by the Congolese state-owned company Cominiere."

Was an enjoyable read until the next paragraph:

"At present, the identity of Zijin Mining in the project is still uncertain. But in addition to this project, Zijin Mining also signed a cooperation plan with Cominiere to develop the mining rights PE12453 and PE13427 outside the Manono lithium mine, and obtained two greenfield exploration and mining rights projects outside the Manono project."

There's a Simpsons scene for literally any scenario in life.

 

[Samus]

It is a Hong Kong based news item, it refers to HKT (Hong Kong Time) at the top of the article, further too many mistakes in the story.

It is more a wishful thinking story, btw, the ML was decreed to Dathcom not AVZ.
Good to notice that they have the 75% right this time.

Thanks Sam for the laugh, but I am afraid the article is good for soaking up my old cooking oil.

Just providing the latest and greatest from the People's Republic.

You might have noticed:

 

[wombat74]

"In September 2021, Tianhua Times ( 75 % of Tianhua Energy / 25% of CATL) reached an agreement with AVZ of Australia to inject US$240 million (about 1.5 billion yuan) into Manono in Congo (DRC). For the project, Tianhua Times will also acquire 24% of the equity of the project company, while AVZ will retain 51% of the equity, and the remaining 25% will be held by the Congolese state-owned company Cominiere."

Was an enjoyable read until the next paragraph:

"At present, the identity of Zijin Mining in the project is still uncertain. But in addition to this project, Zijin Mining also signed a cooperation plan with Cominiere to develop the mining rights PE12453 and PE13427 outside the Manono lithium mine, and obtained two greenfield exploration and mining rights projects outside the Manono project."

There's a Simpsons scene for literally any scenario in life.

I'm taking it as BS until proven otherwise . If the worst is 51% with the Cath deal I'm sure there would be a few punters breathing a sigh of relief . This journalist obviously not up to date regards Zijin . Zijin o%

 

[cruiser51]

Just providing the latest and greatest from the People's Republic.

You might have noticed:

I did and appreciate.
Btw I looked up permit 13427 on the cadastre and wasn't able to find it.

 

[Flight996]

Haha, Chinese propaganda...the gift that keeps giving.

 

[Xerof]

13427 is a typo dating back to the original Zijin news story on their website. The correct number is 13247, which sits within 12453.

 

[Winenut]

For those not watching Twitter, below is an interesting post by Svetlana - I’d missed Nigel making any reference to “Arab interests”, if true, it makes the USD$1Billion MOU with them very encouraging news for AVZ shareholders imo.

I'm sorry to ask

But what exactly the fuck is going on here??

 

[cruiser51]

13427 is a typo dating back to the original Zijin news story on their website. The correct number is 13247, which sits within 12453.

Thanks X found it and the original Zijin post, posted by Zijin while still publicly tight lipped about its endeavours regarding Dathcom.

Zijin Mining to Explore for Lithium in DRC
Back
2022/02/03 627
Zijin News – Zijin Mining has secured opportunities for further development in the Democratic Republic of the Congo, thanks to its outstanding performance in the development of the Kolwezi and Kamoa-Kakula copper mines in the country. Zijin’s first lithium exploration project was recently launched through Katamba Mining, following a shareholders meeting held by the company. Katamba Mining is a joint venture between Zijin and Congolaise d'Exploitation Minière (COMINIERE) of the DRC.
To enhance its competitiveness in minerals critical to the renewable energy transition, Zijin Mining, through its DRC team, strengthened cooperation with COMINIERE in August last year. In addition to purchasing shares of some mining projects owned by COMINIERE, Zijin signed a cooperation agreement with the company to jointly develop two mining licenses - PE12453 and PE13427 at the periphery of the Manono lithium mine in the DRC. Zijin holds a 70% stake in Katamba Mining, and has secured rights to explore and develop two greenfield projects at the periphery of the Manono project.
The Manono lithium mine, which is majority-owned by AVZ Minerals of Australia, is one of the world’s largest lithium-rich LCT (lithium, cesium, tantalum) pegmatite deposits that can be developed through open-pit mining. The presence of lithium mineralization in pegmatite at Manono extends along strike for more than 13km, with a thickness of 20 to 230 meters. The mine’s reserve of lithium oxides stands at 8.78 million tonnes.
The two peripheral exploration projects launched by Zijin are on the extension of the Manono mine, and cover about 435 square kilometers, with potential for lithium-niobium-tantalum pegmatite deposits.
The head of Zijin’s DRC team said the PE12453 and PE13427 permits are situated on important metallogenic belts, and therefore have good mineralization conditions and prospects for discoveries. Field exploration activities will commence soon after the shareholders meeting of Katamba Mining.

 

[cruiser51]

View attachment 17096

I'm sorry to ask

But what exactly the fuck is going on here??

View attachment 17097

Look at 10 o'clock behind the MoM, our friend mister CAMI himself, showed up for the group photo

 

[Flight996]

Thanks X found it and the original Zijin post, posted by Zijin while still publicly tight lipped about its endeavours regarding Dathcom.

Zijin Mining to Explore for Lithium in DRC
Back
2022/02/03 627
Zijin News – Zijin Mining has secured opportunities for further development in the Democratic Republic of the Congo, thanks to its outstanding performance in the development of the Kolwezi and Kamoa-Kakula copper mines in the country. Zijin’s first lithium exploration project was recently launched through Katamba Mining, following a shareholders meeting held by the company. Katamba Mining is a joint venture between Zijin and Congolaise d'Exploitation Minière (COMINIERE) of the DRC.
To enhance its competitiveness in minerals critical to the renewable energy transition, Zijin Mining, through its DRC team, strengthened cooperation with COMINIERE in August last year. In addition to purchasing shares of some mining projects owned by COMINIERE, Zijin signed a cooperation agreement with the company to jointly develop two mining licenses - PE12453 and PE13427 at the periphery of the Manono lithium mine in the DRC. Zijin holds a 70% stake in Katamba Mining, and has secured rights to explore and develop two greenfield projects at the periphery of the Manono project.
The Manono lithium mine, which is majority-owned by AVZ Minerals of Australia, is one of the world’s largest lithium-rich LCT (lithium, cesium, tantalum) pegmatite deposits that can be developed through open-pit mining. The presence of lithium mineralization in pegmatite at Manono extends along strike for more than 13km, with a thickness of 20 to 230 meters. The mine’s reserve of lithium oxides stands at 8.78 million tonnes.
The two peripheral exploration projects launched by Zijin are on the extension of the Manono mine, and cover about 435 square kilometers, with potential for lithium-niobium-tantalum pegmatite deposits.
The head of Zijin’s DRC team said the PE12453 and PE13427 permits are situated on important metallogenic belts, and therefore have good mineralization conditions and prospects for discoveries. Field exploration activities will commence soon after the shareholders meeting of Katamba Mining.

Nice pickup Cruiser51

I took note of this sentence..."Field exploration activities will commence soon after the shareholders meeting of Katamba Mining" which makes me wonder if any of those hawking Chinese rodents have also been trespassing and poking their shovels into AVZ's turf.

Cheers
F

 

[Samus]

Look at 10 o'clock behind the MoM, our friend mister CAMI himself, showed up for the group photo

Jean Felix Mupande Kapwa is a slippery weasel, likes to keep out of the spotlight. I run a good search on him at least once a week which rarely yields any results... He's dug in.

 

[Winenut]

View attachment 17096

I'm sorry to ask

But what exactly the fuck is going on here??

View attachment 17097

Personally I was just a bit shocked and surprised to find that Groucho Marx was black and did drag....