AVZ Discussion 2022

John25

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MoM promoting DRC in France last week :

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Ambition Africa / Antoinette N'SAMBA KALAMBAYI, Minister of Mines of DR CONGO: "In this period of energy crisis, my country is full of everything that is necessary for France"​

October 7, 2022
Ambition Africa / Antoinette N'SAMBA KALAMBAYI, Minister of Mines of DR CONGO: In this period of energy crisis, my country is full of everything that is necessary for France'SAMBA KALAMBAYI, Minister of Mines of DR CONGO: In this period of energy crisis, my country is full of everything that is necessary for France

Mrs. Antoinette N'SAMBA KALAMBAYI, Minister of Mines of the Democratic Republic of Congo. © BF
Star guest of the IV Ambition Africa (4 and 5 October 2022) in Bercy, Mrs. Antoinette N'SAMBA KALAMBAYI, Minister of Mines of the Democratic Republic of Congo, made a real plea before French investors to encourage them to come and invest without delay in the DRC, where "French companies are welcome".
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Exclusive interview by Bruno FANUCCHI for AfricaPresse.Paris (APP)
@africa_presse

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APP - You are at the head of a large delegation from the Democratic Republic of the Congo (DRC) to Bercy for this Sixth Ambition Africa. What are your expectations?
Antoinette N'SAMBA KALAMBAYI -
We came to present, here in France, the opportunities that the Democratic Republic of Congo offers the world today in relation to my sector, which is mining.
We have indeed drawn up a list of all the mineral resources that the DRC is full of and, today, we are at a crossroads because it turns out that the DRC is a producer of all these green minerals that are part of the manufacture of electric batteries.
We therefore came to invite all potential partners who would like to invest in the DRC to come and operate, process and locally transform the products of the mining sector. In fact, we want to give added value to our minerals so that the Congolese population, which is poor today, can finally benefit from all the wealth of our subsoil.
APP - In the current energy crisis, the DRC appears as a "solution country", say...
Antoinette N'SAMBA KALAMBAYI -
We are full of real potential for bio-diversity with the Congo Basin, which is the second largest forest in the world after the Amazon. Today, the DRC is being asked to be resilient to protect its environment because we have better ecosystems and we do not generate many greenhouse gases.
However, because of the war in Ukraine, oil has now become a rare good. We are in the energy transition and the DRC is therefore a "solution country": tomorrow, we will no longer have to use fossil fuels. We are switching to green energies and the DRC is this country that is full - as you know - with the majority of all these minerals essential to our life tomorrow. Due to the current crisis, we are well aware that the DRC represents a little "the hope of the world"!
antoinette-ministre-de-rdc-a-aa-22-5a4b5.jpg

The Minister of mines of the DRC, Mrs. Antoinette N'SAMBA KALAMBAYI, during her speech IVe Ambition Africa, in Paris-Bercy, on October 4, 2022.© BF
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APP - Your country has had serious governance problems in the past, but is currently making efforts to improve the business climate. Can you give us concrete examples in the mining sector?
Antoinette N'SAMBA KALAMBAYI -
I confirm that today there is a clear improvement in the management of the public domain. The Head of State has re-enabled a structure that already existed: the General Inspectorate of Finance. With the IGF, the Court of Auditors has the mission to carry out ongoing checks on a daily basis so that, in administrations and public companies, everyone can better manage everything they have as finances at their disposal. The DRC is a member of regional and international organizations. We have in our legal arsenal all that there are conditions for good governance.
We are a member of the OECD and have been described as a "good student". We are a member of the EITI (Initiative for the Transparency of Extractive Industries), we have included this institution in the mining law and we extract our minerals from the well to the export, throughout the production and operating chain.
Thanks to the new mining legislation, everything has been done to ensure that things are now transparent by participating in the fight against corruption, removing illegal exploitation and regulating artisanal exploitation much better. To further increase this traceability, we publish all information relating to mining contracts on our ministry's website.
APP - Don't you also have the will - and this is relatively new - to now transform all products from mines locally?
Antoinette N'SAMBA KALAMBAYI -
The revised mining law of 2018 imposes local treatment and processing. However, because of our energy deficit, we allowed companies to export crude oil anyway. But we are working with experts to see how much we will finally encourage mining companies to be able to create hydro-electric footprints themselves to overcome this energy crisis.
These companies will be forced to deal locally tomorrow. In partnership with the Ministry of Energy, we are working with a group of experts and I hope that a sustainable solution will be found within two years at the latest. I will then make the decision by decree to say to everyone: "Now in the DRC, you do not sell your products, you process them and process them on the spot".
We have just created a Center of Excellence and Research - with a real exploitation strategy - to give us all the ability to extract the wealth of our subsoil ourselves and thus create a real chain of values that benefits our economy, the development of the country and the improvement of the living conditions of our populations.
Everything was also planned for operators, both domestic and foreign, to be bound by a "plyte" that makes them responsible for participating in the development of local communities living near mining sites.
w-se-mme-tschombe-et-minsitre-antoinette-rdc-156a9.jpg

S.E. Mrs. Ruth TSHOMBE, Ambassador RD CONGO, with the Minister of Mines, Mrs. Antoinette N'SAMBA KALAMBAYI, together at the IVe Ambition Africa, in Paris-Bercy, on October 4, 2022. © BF
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APP - In terms of PPP, what can we do with your country?
Antoinette N'SAMBA KALAMBAYI
- Public-Private Partnerships (PPP) have always existed. When an investor arrives, he approaches us to explain his approach.
We have many very different opportunities at home: you can come to Congo, for example, to create a diamond or gold buying counter, you can come to open a small mine or to set up and create a mining industry. If you follow all the procedures listed in the Mining Code, all initiatives are welcome and PPPs are of course of interest to us.
To date, moreover, all the flourishing mining companies we have are already in PPP contracts, whether the companies are Chinese or other nationalities... French companies are welcome at home!
APP - A final message specifically for French decision-makers and investors met in Paris-Bercy, where Ambition Africa is taking place?
Antoinette N'SAMBA KALAMBAYI -
In his opening speech by Ambition Africa, Mr. Olivier Becht, Minister Delegate for Foreign Trade, Attractiveness and French Abroad, recalled that Africa's vision towards France must change, and vice versa France's vision towards Africa.
In the past, we had a really unbalanced trade balance between us, but today things are about to change because we are full of everything that is necessary for France in this period of energy crisis.
You must switch from fossil fuels to green energies. However, you do not have cobalt (of which we are the largest producer), lithium, etc. in your basement. It is therefore in your interest to come to us to share your technological experience and we, in return, will let you exploit mines and deposits to reach a "win-win" partnership together.
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LEARN MORE:
www.ambition-africa.comhttps://www.africapresse.paris/Retr...les-et-contributions-de-notre-dossier-CMAAP-4

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“My country is full of everything “ so true Antoinette
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All this waitin' around and nothing happening....


I wish I was as bored as you Winenuts, I’ve been up since 4am, making my partner what turned out to be a less than sumptuous breakfast and coffees, helping back and forth to the toilet, washing and wiping up, putting away dried washing and putting on another load, just spotted fruit flies hanging around my fruiting mango tree that I have to take care of, wondering what I can make for dinner that is more sumptuous than breakfast was, trying to post helpful info for BEISH and if I get any time at all today I might restring my acoustasonic strat and finish learning the lead breaks to Comfortably Numb and Hotel California, and maybe even enough time to ring @Frank and discuss me spending too much time on TSE

Oh…. I just remembered, I’ve got to put that bucket full of the broken glass vase that was full of water and bleach (she was cleaning it when she went over) in the bin that’s been sitting there for over a week and make a comfrey poultice to put on her broken kneecap…. Maybe I’ll use this thread to keep a list of my jobs’ 🤔

If you have any spare time, come on over and I’ll give directions to the Martinsville cow paddocks cause I could really do with a pick me up at this stage…. Perhaps some music will get me going?!

 
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JAG

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Roller62

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Not wanting to be the sceptic here, but it’s taken him a month before he’s due to face the AGM before he actually does anything, it’s suspect and not good enough! And frankly, not the kind of thing I hope they are thinking will appease shareholders at the upcoming presentations or AGM

But I, like everyone else here appreciate any updates on AVZ
 
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Roller62

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Not wanting to be the sceptic here, but it’s taken him a month before he’s due to face the AGM before he actually does anything, it’s suspect and not good enough!

But I, like everyone else here appreciate any updates on AVZ
I would say John is in the area for a number of meetings. Its all coming to a head now.
 
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j.l

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CHB

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I daresay it's the DRC government driving this now. AVZ are kind of like employees taking direction (obviously can provide suggestions).

IMO
 
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whales

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Charbella

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Look closer he might be the link to RIO.

Hi Whales, I can’t seem to find any information regarding the link.
 

Bray

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If anything it’ll be Graeme Johnston with the link to RIO as he worked for them
 
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John25

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Doc

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First time I've seen John's name in front of anything.
Not true. I saw his name in front of performance shares last year…..
 
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Retrobyte

Hates a beer
If anything it’ll be Graeme Johnston with the link to RIO as he worked for them

Graeme is currently undercover with a fake beard and glasses, to avoid arrest
 
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bloke383

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With some talk of the upcoming roadshows being to promote a TO approach ,can anyone provide an example of this being done by any company before?
I can't imagine a roadshow trying to promote a TO by a Chinese company . It would mean we have lost the battle , & our fate would already have been decided anyway .
If it's a roadshow trying to promote a TO by the likes of RIO (example only) , I think that would mean all licences , permits & all issues had been sorted in our favour , otherwise why would a RIO want to take over a mess that we have found ourselves in . What would a RIO do differently ? So after all this time & effort we have everything sorted in our favour , why on earth would we sell out now ? I don't think this is the reason for the roadshow either .
In my limited experience , retail shareholders influence over any sort of TO is normally insignificant . Also , why would we have been announced as the major sponsor of DRC-Africa Battery Metals Event (?) in late 2023 ?
I'm hoping it's our victory lap roadshow showcasing that we have kicked Cong/Klaus/Cami & co to the curb , that our path to production has changed including bigger & bolder plans , & what shareholders can look forward to .
Here's hoping anyway ...
 
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Azzler

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In my opinion (just a chumps opinion, I'm not business savvy), there is no take over happening, we are 100% going mining.

Our lawyers have stated on camera that AVZ want to become a major miner, they want to go mining like Glencore did.
Nigel has stated on camera that he has bigger plans than just being a one trick pony miner.
To me this not only states he has no interest in selling and walking off into the sunset, but that he wants AVZ to become more than a mining company, and I think it's safe to assume he wants in on the chemical processing, and perhaps even having a stake in battery manufacturing. Whatever plans he has, it sounds far from selling out to a TO and moving on.
Also roadshow doesn't say TO to me, it says they plan to ride the PR tsunami of all the brilliant news they are about to release. Get the world excited about this, pump up the price and then raise money.

If he was a flipper, he would have exited when Klaus Eckhoff did, Klaus is a flipper, Fergurson sees opportunity.

I mean jesus christ, with the insane demand of lithium at the moment, and we haven't even begun to touch on the supply demand that's comming in the next 5 years+. What ambitious executive with vision wouldn't want to take the chance on leading something this big and important, you would never get an opportunity like this again.
And I think for investors, its the same deal, a once in a lifetime chance to get on board something this big.

From what I can best make out, through this shitstorm, we have managed to hold on to our ownership, and our full tenement.

It's looking like we have the exclusive, first class tickets that we all thought we might have owning this stock.

Good luck to all, the darkness hasn't lifted yet.
 
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j.l

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oxxa23

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In my opinion (just a chumps opinion, I'm not business savvy), there is no take over happening, we are 100% going mining.

Our lawyers have stated on camera that AVZ want to become a major miner, they want to go mining like Glencore did.
Nigel has stated on camera that he has bigger plans than just being a one trick pony miner.
To me this not only states he has no interest in selling and walking off into the sunset, but that he wants AVZ to become more than a mining company, and I think it's safe to assume he wants in on the chemical processing, and perhaps even having a stake in battery manufacturing. Whatever plans he has, it sounds far from selling out to a TO and moving on.
Also roadshow doesn't say TO to me, it says they plan to ride the PR tsunami of all the brilliant news they are about to release. Get the world excited about this, pump up the price and then raise money.

If he was a flipper, he would have exited when Klaus Eckhoff did, Klaus is a flipper, Fergurson sees opportunity.

I mean jesus christ, with the insane demand of lithium at the moment, and we haven't even begun to touch on the supply demand that's comming in the next 5 years+. What ambitious executive with vision wouldn't want to take the chance on leading something this big and important, you would never get an opportunity like this again.
And I think for investors, its the same deal, a once in a lifetime chance to get on board something this big.

From what I can best make out, through this shitstorm, we have managed to hold on to our ownership, and our full tenement.

It's looking like we have the exclusive, first class tickets that we all thought we might have owning this stock.

Good luck to all, the darkness hasn't lifted yet.
That's bullshit positivity, I won't have it.... Na, I'm with you azzler... I think we're getting there...

I know team USA being involved could be a stretch...but, shit, they've visited a few times now and want in on the drc action and battery minerals... there's no grander resource related to battery minerals...

Imagine the dumb luck of us being delayed by the Chinese which leads to opportunity with the usa... it may not be in manono specifically... but, reckon they'll have fingers in the battery hub potentially...

Something is a cooking... and it's not a turd...or pineapple related...

Well, fuck I hope so anyway
 
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j.l

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If anything it’ll be Graeme Johnston with the link to RIO as he worked for them
I'd be really surprised if Rio Tinto got involved after the whole Guinea / Simandou corruption mess, plus their ongoing issues with the Serbian government over Jadar.
 
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Uglybob

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If you have something that's not officially for sale which is rare and valuable like AVZ, would you be stating you intend to sell , leaving everyone to wonder why, ie too hard, has a few hairs on it. Or would you go around gloating about how it's the best thing ever and there's no way you'd be selling it like it's a sure thing that will make bank for years to come?
 
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