AVZ Discussion 2022

[Chilla]

I guess the question is do management have the fortitude to endure more of this if and when the licence is said and done?
Same with holders really...

This will be relative to what we end up with as opposed to what by right we should legally own and what sort of conditions are imposed on us.

If we end up cheated it doesn't instill a lot of confidence moving forward.
The mess that's been created by the DRC administration is bad enough already.
If they can simply change their mind and break their own laws instead of adhering to their own mining code TO would be preferable imo.

Followed by suing everyone of course.

“I guess the question is do management have the fortitude to endure more of this”

I guess their answer would be ….. yes!

No TO imo.

 

[Frank]

Next stop, over the cliff

 

[JNRB]

I guess the question is do management have the fortitude to endure more of this if and when the licence is said and done?
Same with holders really...

This will be relative to what we end up with as opposed to what by right we should legally own and what sort of conditions are imposed on us.

If we end up cheated it doesn't instill a lot of confidence moving forward.
The mess that's been created by the DRC administration is bad enough already.
If they can simply change their mind and break their own laws instead of adhering to their own mining code TO would be preferable imo.

Followed by suing everyone of course.

Difference is, management is already getting $$$ to endure this.
Holders not.

 

[Samus]

Contract revision @SICOMINES #Sino_congolais !
"The attitude of Chinese companies is akin to a form of neo-colonialism that the DRC today is no longer willing to accept." After the civil society,
@ALINGETEJULES_K and the @IgfRdc against the arrogance of the Chinese.

 

[Samus]

It has always been said: an amicable settlement is better than a good trial. The @cominiereSA claims to $AVZ @AvzMinerals the withdrawal of its complaint in arbitration for the revival of the project #lithium_Manono .
@SelwaMasimango
@anskalambayi
@adelekayinda01
@Presidence_RDC

 

[Azzler]

It has always been said: an amicable settlement is better than a good trial. The @cominiereSA claims to $AVZ @AvzMinerals the withdrawal of its complaint in arbitration for the revival of the project #lithium_Manono .
@SelwaMasimango
@anskalambayi
@adelekayinda01
@Presidence_RDC

This is an extremerly eyebrow raising tweet!
If those who know who she is know.

 

[Azzler]

Hopefully the EP will be reset to $AVZ and DRC's shares will be well negotiated in this new partnership before the arbitration claim is withdrawn.

"in this new partnership"
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Samus]

May the @Presidence_RDC propose to Zijin a collaboration with Gécamines in their lithium project, thus avoiding, among other things, retro commissions as in the sale of the 15%.

 

[Azzler]

That the
@Presidence_RDC
offers the Chinese to #Zijin the collaboration with Gécamines in its lithium project, so we will avoid in particular the retro commissions as in the sale of the 15%."

 

[SilentOne]

View attachment 42957


View attachment 42956

Clearly the moron doesnt understand how an aussie thinks. We would sooner swim towards the titanic and stand with the Captain than give an inch to a corrupt fuck.

Just a thought bubble and clearly not investment advice

 

[geo_au]

Speaking of Cliffs, I see where

Stagnation of growth, demographic decline, real estate and financial sectors in bad shape..

Why is the Chinese economy doing so badly?

Stagnation of growth, demographic decline, real estate and financial sectors in bad shape… The machine is jammed.

The Chinese economy is in disarray.

After decades of insolent growth, and after a post-Covid recovery, all the indicators available show signs of a definite slowdown: the HCI, the Hong Kong stock market index, is down 20% the yuan has hit its lowest level in 16 years from its peak in January, growth is stagnating, exports are at half mast and youth unemployment is at worrying levels, recalls CNN, which wonders why of this mess.

The government's inability to improve the situation worries analysts so much that they are now counting on growth below 5%, barely 2 points more than in 2022, well below what the country had accustomed us to.

Vicious circle

According to Laura He, a CNN journalist based in Hong Kong, several causes explain this slowdown.

First, the real estate crisis: after the failure of real estate giant Evergrande in 2021, this year another major Chinese developer, Country Garden, finds itself in great difficulty.

A new area of turbulence could hurt a weakened economy and a chaotic real estate market.

Because despite the repeated addresses of the authorities to the leaders of the main banks and financial companies of the country to grant more loans and other support to the economy, the demand for credit is running out of steam.

And despite the flexibility of financial institutions, the construction and sale of new homes are not advancing.

This sluggish market is not doing the business for the sector: more than fifty real estate developers are short of money, leaving hundreds of thousands of unfinished apartments that many families, mainly middle class, had already bought by taking out loans, mortgages, reports the New York Times.

These difficulties are not only the lot of real estate: Chinese investment funds, which weigh nearly 2.900 billion dollars, are also struggling to keep up – this is the case of Zhongrong International Trust.

The investment group, which manages $87 billion in funds for businesses and individuals, failed to secure payments to some of its clients to the tune of $19 million, so much so that protesters protested in front of the company's headquarters to demand their due.

Another major problem: the debt of local administrations has exploded with the cost of the various confinements.

The decline in the real estate market has led to a drop in property income related to the sale of land to developers, creating budgetary tensions.

As a result, local governments do not have the means to support growth in an attempt to revive.

Finally, a possible demographic crisis could add to the chaos: the fertility rate continues its steady decline, to reach 1.15 children per woman in 2021, below the 2.1 needed to renew the population.

Thus, for the first time in sixty years, the population declined in 2022, posting a drop of 850,000 inhabitants.

As the country ages, the workforce is likely to become scarcer and health expenditure could increase, straining the budget a little more and increasing the debt.

mediacongo


View attachment 42952



View attachment 42953

China's so-called miracle economy is stuffed and there is worse to come over comming years. Communism/dicatorships have no place in the modern world

 

[pow4ade]

May the @Presidence_RDC propose to Zijin a collaboration with Gécamines in their lithium project, thus avoiding, among other things, retro commissions as in the sale of the 15%.

Clearly Zijin want an ROI snack wise so offering them a deal with Gecamines lithium would free up Comminere to clean the slate with AVZ. However they then need to either lock in the ML or enable TO offer before we even consider dropping legal actions.

Whatever, it would appear developments are afoot at Comminere no doubt motivated by the looming ICC hearing next month. Anyone know if a firm date has been set?

 

[Hudnut]

After over a year of lip service from the DRC (if not outright hostility from CKK), finally getting fed up and going to the ICSID is the only thing that brought the DRC back to the table.

No way should we drop any proceeding and go to the back of the queue in the event we need to start all over again once the lip service recommences.

As for the ICC, "Well, you started it."

 

[Dazmac66]

Pilbara’s record lithium profit blew out office calculator

Pilbara Minerals has flagged pushing production at its Pilgangoora mine in Western Australia beyond a million tonnes a year after posting a $2.4 billion profit.

www.afr.com

This is why we are all here. A profit the size of AVZ market cap. So your share holding equal to the dividend you would receive(roughly). Come on Nige!

 

[tonster66]

zijin are the ones who initiated the ICC. If AVZ withdraws from this then zijin would win by default and zijin would have their illegal % and kibeya would be safe from his chinese masters, no broken legs

 

[Carlos Danger]

zijin are the ones who initiated the ICC. If AVZ withdraws from this then zijin would win by default and zijin would have their illegal % and kibeya would be safe from his chinese masters, no broken legs

Pretty sure CKK is talking about AVZ and Dathcom Vs Cominiere which was initiated in April this year to prevent Cominiere illegally terminating the Dathcom JV. This is the case preventing him from illegally selling off the JV's assets so he can personally benefit from bribes for rat fucking his own people to keep his Chinese sugar daddy's happy. The fact that we still have to deal with this clown after he was literally caught on tape taking a bribe from Zijin is beyond insulting.

 

[Dijon101]

Pretty sure CKK is talking about AVZ and Dathcom Vs Cominiere which was initiated in April this year to prevent Cominiere illegally terminating the Dathcom JV. This is the case preventing him from illegally selling off the JV's assets so he can personally benefit from bribes for rat fucking his own people to keep his Chinese sugar daddy's happy. The fact that we still have to deal with this clown after he was literally caught on tape taking a bribe from Zijin is beyond insulting.
View attachment 42964

Pretty much spot on.

 

[Mr Inappropriate]

Wombat that would be good news for all sorts of reasons one being that if they don't show up they are likely to have incurred fees regardless, which will need to be paid.

I would speculate that these fees will not go away if they are incurred.

SilentOne

May the @Presidence_RDC propose to Zijin a collaboration with Gécamines in their lithium project, thus avoiding, among other things, retro commissions as in the sale of the 15%.

That’s a reference to Zijin’s poisoned-well contract. Slimy, corrupt kunts they are.
#Fuckzijin

 

[Samus]

 

[Samus]

URGENT Serious revelations about economic crimes under the regime of Mr. Félix #Tshilombo. The Congolese people are awaiting the resignation of three ministers responsible for the disposal of mining assets. While we await justice in the #COMMINIERE case. #Diaconesse.