AVZ Discussion 2022

[pow4ade]

Cruiser I suspect hoots might be perthbrokerasx (on twitter) and has been lending shares to shorter’s and is now in full on desperation mode. The common trait is not actually knowing anything about what’s going on with AVZ and just keeps posting lies and bullshit.

The cocksucker is now watching TSE in between watching gay porno’s. Couldn’t even describe him as a loser because that would be offensive to loser’s

How did your appeal to the World Bank go, did you take my advice re addressees? Be interesting to hear how it was received.

 

[Samus]

​

CMOC AGREES TO PAY $800 MILLION TO END ROW WITH CONGO’S GECAMINES​

JULY 20, 2023 CONSTANCE
China’s CMOC Group has agreed to pay Congo state mining firm Gecamines $800 million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the country, the Chinese company said on Tuesday July18th.
CMOC said in a statement it will start paying the settlement fee this year and complete payment by 2028.
The Chinese mining company also said TFM will pay cumulatively at least $1.2 billion in dividends to Gecamines over the life of the project starting this year.
“CMOC will further consolidate partnerships with Gecamines and expand co-operation in the new energy and other sectors,” it said.
The firm is “committed to economic development and people’s welfare in Congo and making a greater contribution to co-operation between China and Congo,” it said.
Gecamines did not immediately respond to Reuters‘ request for comment.
An anticipated rise in earnings as more copper and cobalt is mined at TFM and another project called KFM means CMOC will fund an annual $133 million settlement fee and $67 million in dividend payments to Gecamines without hurting its net profit, Citigroup analysts said in a note.
“Considering the cash flow contribution from the ramp-up of TFM mixed ore and KFM project, we expect the impact of dispute settlement payment on cash flow will be insignificant,” the analysts said.
CMOC told Reuters last week it had resumed exports of copper and cobalt from its TFM mine. The exports had been blocked by authorities in the country following the dispute.
Copper and cobalt shipments were halted in July 2022 after Gecamines said it suspected that CMOC understated TFM’s reserve levels to reduce the amount of royalties it should pay to the state miner.
CMOC, which owns 80% of TFM, denied the allegations.
Both companies also reached an agreement on future additional reserves and on the operation and management of TFM, CMOC said.
Gecamines will also be entitled to 20% of the total value of the project’s subcontracting and a right to acquire a volume of output proportional to its 20% stake in TFM in market terms, CMOC added.
CMOC produced 254,286 metric tons of copper and 20,286 metric tons of cobalt from the TFM operations in Congo last year.
The settlement will help TFM mines to expand its copper and cobalt capacity, CMOC said.

CMOC agrees to pay $800 million to end row with Congo’s Gecamines - Copperbelt Katanga Mining

China’s CMOC Group has agreed to pay Congo state mining firm Gecamines $800 million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the

copperbeltkatangamining.com

 

[John25]

 

[Cumquat Cap]

Another week with no news from Management, when do we start the revolt?

Nigel and team MUST be embarrassed by this lack of execution and I hope they see this

 

[John25]

This event is IMPOSSIBLE if your a LTSH of AVZ

Fuckin Gringos

 

[Onthefm]

N

Another week with no news from Management, when do we start the revolt?

Nigel and team MUST be embarrassed by this lack of execution and I hope they see this

No mate they don't do embarrassment. That's the only thing they did learn with 20 years of experience in the drc.

 

[MoneyBags1348]

While there seems to be a slight resurgence in scare tactics, lies and desperation from the trolls, I did a survey with shareholders I chat with privately and the following list resulted. It doesn’t include the regular trolls on TSE, some of whom have lost their previous profiles and made up new ones, but it does give you an idea of the number involved.

The Weasels and wannabes will lose everything they have wasted the last year and half on, but the poor old desperate short sellers will be the worst off, especially those brokers who have borrowed shares without their clients consent

Weasels (Group 1)
Jean Felix Mupande Kapwa
Celestin Kibeya Kabemba
Simon Cong
Klaus Jerkoff
Eric Allard

Wannabe Mafia
CAMI
Cominiere
Dathomir
Zijin
AJN
TTX

Short Seller Brokers
Boatman
Perthbrokerasx
Eztrang
Hoots

Weasels (Group 2)
tommy tb
Der Geist / Sir Les
Li Tao
RAM
Lars

Obviously there’s a lot more in this list, but these are the main weasels and wannabes

 

[M.Bison]

Dear lord please let this nightmare end soon.

 

[TDITD]

Dear lord please let this nightmare end soon.

No not you jesus, he said Lord.

 

[Winenut]

This event is IMPOSSIBLE if your a LTSH of AVZ
View attachment 40439 View attachment 40440
Fuckin Gringos
View attachment 40441

I know....I had to get additional supplies

 

[Doc]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

 

[Winenut]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

I'd like to think both

 

[Onthefm]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

And the long awaited dfs vol 2

 

[Onthefm]

And the long awaited dfs vol 2

Which I think is more important as it puts a dollar figure next to the resource. So we all know what we are selling. Ofcause if we can sell. Imo

 

[Cumquat Cap]

They we're originally reluctant to release the DFS/BFS as DRC will undoubtedly ask for more money/% ownership - that's all out the window now. I would prefer them hold it back on the chance we're back trading as that will help share price revival if required. I remember waiting for the licsnse with baited breath as they had held several announcements back until the ML was ecacted to avoid this issue.

 

[Onthefm]

They we're originally reluctant to release the DFS/BFS as DRC will undoubtedly ask for more money/% ownership - that's all out the window now. I would prefer them hold it back on the chance we're back trading as that will help share price revival if required. I remember waiting for the licsnse with baited breath as they had held several announcements back until the ML was ecacted to avoid this issue.

Could be right if we get back trading. Mybe there's a hint in there somewhere?

 

[Lucas Don Velor]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

Nigel stated that CATH required a minimum of 300MT i.e. 10M pa over a 30Y period...

Some posters have suggested a 550MT JORC resource, however since AVZ is unable to comply with ASX requirements (ASX, ASIC, FIRB, embassies and Gov ministers are fully aware of the situation imo) I believe, if, there are closed door deals based on these numbers, air tight non-disclosure agreements would most likely be in place.

Without knowing whether AVZs legal percentage holding of DATHCOM i.e. 60%, 75% or 90%, we are either waiting for Sep arbitration or some form of remuneration to move forward with a JV/TO/buyout...AIMO!

 

[BEISHA]

Rep. James Introduces BRIDGE to DRC Act​

July 12, 2023
Press Release
Contact: Noah Sadlier
WASHINGTON, D.C. – Today, Representative John James (MI-10) introduced the Building Relationships and Increasing Democratic Governance through Engagement (BRIDGE) to DRC Act to the U.S. House of Representatives. The bill creates a national strategy to secure United States supply chains involving critical minerals sourced from the Democratic Republic of Congo (DRC).

The DRC’s critical minerals are required not just for U.S. industrial production but also for national security purposes - it is essential for fighter jet parts, precision munitions, and stealth technology. Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests. As a result of this supply chain reality, and with pivotal presidential elections scheduled in the DRC set for December 2023, it is imperative that the United States increases its engagement in the country.

Additionally, the bill outlines Congressional expectations to ensure that the DRC’s December 2023 presidential elections are free and fair and recognizes the role of state and non-state actors in perpetuating the violent conflict in Eastern DRC.

Rep. James issued the following statement regarding this legislation:

“As Chairman of the House Foreign Affairs Subcommittee on Africa, I believe that increasing engagement with the Democratic Republic of Congo (DRC) is of strategic interest to the United States and our allies. Ensuring reliable and consistent U.S. access to critical mineral supply chains which originate in the DRC is integral to bolstering our national security,” said Rep. James. “The BRIDGE to DRC Act will help secure our critical mineral supply chains from malign Chinese influence and highlights to Kinshasa the specific human rights and democracy benchmarks required to strengthen the U.S.-DRC bilateral relationship.”

The bill is co-sponsored by Reps. Jim Baird (R-IN), Young Kim (R-CA), Thomas Kean Jr. (R-NJ) and Cory Mills (R-FL).
###

Where was the US , when AVZ were putting out the " feelers " for offtake ?

I weas banging on about it for the longest time at HC.........AVZ needed diversity to avoid potential chinese collusion via the order of President Winnie the poo.......

Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests

Make no mistake, China want to dominate lithium supply too via Manono............the US only has themselves to blame for the predicament above.

Albermarle now getting desperate, tried a TO for LTR..................failed.

Albermarle now negotiating a JV with MIN.

Why didnt Albermarle seek a offtake with AVZ ?

Not to worry Albermarle, there is another option you can look at.............PARADOX , Utah..... ( monster in waiting )

BTW folks, what do you reckon the net worth is for Winnie the Poo ?

$1.2B...........

Thats a farken tonne of brown paper bags............and China is a communist country ...

One rule for him and different rules for his people, no wonder the POO extended his tenure of regime against the doctrine.

 

[BEISHA]

Set the count down timer for a moderation on this one...

View attachment 40427

Why do you even bother ?

 

[cruiser51]

Where was the US , when AVZ were putting out the " feelers " for offtake ?

I weas banging on about it for the longest time at HC.........AVZ needed diversity to avoid potential chinese collusion via the order of President Winnie the poo.......

View attachment 40469

Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests

Make no mistake, China want to dominate lithium supply too via Manono............the US only has themselves to blame for the predicament above.

Albermarle now getting desperate, tried a TO for LTR..................failed.

Albermarle now negotiating a JV with MIN.

Why didnt Albermarle seek a offtake with AVZ ?

Not to worry Albermarle, there is another option you can look at.............PARADOX , Utah..... ( monster in waiting )

BTW folks, what do you reckon the net worth is for Winnie the Poo ?

$1.2B...........

Thats a farken tonne of brown paper bags............and China is a communist country ...

One rule for him and different rules for his people, no wonder the POO extended his tenure of regime against the doctrine.

Talking about Mineral Resources:

MinRes pulls plug on lithium megadeal​

Chris Ellison’s Mineral Resources is eyeing sites in South-East Asia for a lithium processing plant after pulling out of a billion-dollar deal in which it would have acquired a stake in Chinese downstream assets owned by battery chemicals giant Albemarle.

MinRes is also selling its stake in Albemarle’s Kemerton lithium hydroxide plant in Western Australia’s southwest as Mr Ellison moves to try to fund and build his own downstream processing plant, and ramps up pressure on the federal and WA governments to subsidise an investment onshore.

MinRes lithium chief executive Josh Thurlow said the Perth-headquartered company had unlocked capital in a move that opened the door to investing in its own integrated lithium hydroxide assets onshore or overseas.