Sorry I was thinking more along the lines of Trading Halts . In AVZ's case it's a self imposed suspension . Why wouldn't it trade again and let the share price take advantage of the offer . Could spark more offers . Added bonus it will burn shorters and Boatman to a cinder . If I was Nigel I would want to inflict as much pain on shorters as I could .
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Another bozo yanking our chain ?
Samus
Top 20
TO would be because AVZ has no way of getting the mine up and running. Out played. IMO.
China wins.
LOCKY82
Regular
Is that simon cong with the glasses? Or JFMK?
I don't think any of the relevant actors will allow china to control this asset.
jsbuser
Member
WTF is this talk of TOs and giving up all except Roche Dure? Where has this crap come from? CDL is critical to our ability to blend for higher grade and for extended minelife. TO, only if you want to close out on a crap multiple of what a working mine would be at this stage.
A little patience goes a long way here.
A little patience goes a long way here.
Winenut
GO AVZ!!!!
DRC loses....
cruiser51
Top 20
The one on his knees seems to be squinting, could be caused by an experience, or a permanent feature.
They say, in communication, specifically watch the body language. It explains a lot.
Just going back to my previous thoughts on CAMI splitting off CDL north, in light of what @Winenut dug up from the DRC mining code with regard to relinquishing 50% of unconverted exploration (PR) permits, it feels as though we're destined to lose at least some of CDL aren't we?
If we can't satisfy Dept of Mines that we're going to mine the lease, we lose 50%, which is what we've seen with the two wholly-owned tenements (as per the note in the Full Year Stat Accounts).
I wonder if this was short sighted play by Nigel...
If we can't satisfy Dept of Mines that we're going to mine the lease, we lose 50%, which is what we've seen with the two wholly-owned tenements (as per the note in the Full Year Stat Accounts).
I wonder if this was short sighted play by Nigel...
Samus
Top 20
Monumental fuck up if that's the case. But you wouldn't expect the explored lease to be split either. More like the corrupted cun#s saw an opportunity to embezzle more money from the same tenement.
If this @JFMK twit is real it seems to back up the theory somewhat.
Who knows...
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I'm sure if Nigel could go back in time he would have punched more holes into CDL . A Billion tonnes at Roche Dure will have to do plus what ever bit of CDL we have which someone mentioned previously would still be a around 200mil tonne . Pack it up with a big ribbon around it and flog it to RIO $2.50 - $3 .
Do you really think this way? 13359 was one tenement and AVZ did put all the effort to explore it. So it is different story with the other 100% own tenement, which was unexplored.
In my opinion, sooner or latter, justice will come and AVZ will shine, because this project is too significant. Any illegal play or corruption will be revealed eventually because it is monster of Lithium - the hottest metal in the next few decades.
I'm just speculating and trying to put some pieces together. In the absence of any real info that's all we can do. Not saying it's right or fair or anything else (other than incredibly frustrating of course!)
But did we fully explore it? Objectively, we have only really proven up to JORC standards a small area of the wider tenement. I can see the reasoning behind government being unwilling to include a vast unexplored area into an exploitation licence, and for it instead to be assigned a seperate new exploreration permit.
Would that represent a shakedown to cut 50% of that exploration tenement out of our allotment, thus opening up the lucrative opportunity to ransom it off to the highest bidder? Sure. But I can somewhat see where its coming from.
Under the Mining Act where it says we have to give up 50% area of the territory under any 'extension' of the exploration permit, would that be 50% of the territory that was carved off from the original 13359? Do we get to choose the territory we keep, like you can in similar circumstances in Australia? If we could asking our remaining exploration territory we could focus on the main pegmatite trail. Questions abound.
Just thoughts anyway
Misfits
Regular
There's another parody going on. The CEO of #CAMI Mr Jean-Felix Mupande
@JFMK
defies an order to issue the Mining Permit to
@AvzMinerals
for #ManonoLithium because he is acting for the Chinese looters of #ZijinMining & Simon Cong. Who will bring this man to justice?
@USTreasury
obe wan
Regular
The guy Is a self proclaimed alpha dog ; eventually there's only one way for disobedient, stubborn dog to be death with
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