Xerof
Flaming 1967
Thanks @Carlos Danger , crossed in the mail
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Stockinvesting
Regular
Disappointing but I'll live with it mate. But please, can you let me know if I should be excited?
Azzler
Top 20
I think the penny just dropped for me in regards to the Zijin & Cominiere case against AVZ.
Perhaps I'm just slow and you're all like "No shit sherlock."
I think most of us assumed it's just a part of some "play", but a little worried they might have something none the less.
So to realise their reason now gives me closure on it.
It's just for appearances of course, to save face.
AVZ are saying they have acted poorly/illegaly.
They're a company and have people to answer to, so if they're to be seen as the good guys, they have to act in accordance with a company doing the right thing. If they were doing the right thing then that would mean AVZ is doing the wrong thing.
It follows that by AVZ not agreeing to their "perfectly legal" 15% aquisition in Dathcom, the bad and evil AVZ must be sued for all the damage they're causing to the good guys.
So that's what they must be seen to be doing, suing AVZ for disruption to the project, and their financial losses.
Because that's what a company doing the right thing would be doing!
*Edit: Oh and of course to apply threatening pressure to their opponent AVZ is a bonus.*
Of course they will never go ahead with the case, they just had to initiate proceeedings as a public display. Because that's what they would do IF they were in the right and were the good guys here. They've got BILLIONS to squander on these kinds of games.
But I think they're finally bowing out anyway with the headline above.
And they have to give a reason why they're bowing out other than their illegal activities being thwarted, so instead they just say it's too expensive.
Fuckers.
Perhaps I'm just slow and you're all like "No shit sherlock."
I think most of us assumed it's just a part of some "play", but a little worried they might have something none the less.
So to realise their reason now gives me closure on it.
It's just for appearances of course, to save face.
AVZ are saying they have acted poorly/illegaly.
They're a company and have people to answer to, so if they're to be seen as the good guys, they have to act in accordance with a company doing the right thing. If they were doing the right thing then that would mean AVZ is doing the wrong thing.
It follows that by AVZ not agreeing to their "perfectly legal" 15% aquisition in Dathcom, the bad and evil AVZ must be sued for all the damage they're causing to the good guys.
So that's what they must be seen to be doing, suing AVZ for disruption to the project, and their financial losses.
Because that's what a company doing the right thing would be doing!
*Edit: Oh and of course to apply threatening pressure to their opponent AVZ is a bonus.*
Of course they will never go ahead with the case, they just had to initiate proceeedings as a public display. Because that's what they would do IF they were in the right and were the good guys here. They've got BILLIONS to squander on these kinds of games.
But I think they're finally bowing out anyway with the headline above.
And they have to give a reason why they're bowing out other than their illegal activities being thwarted, so instead they just say it's too expensive.
Fuckers.
cruiser51
Top 20
Having her legs broken, she probably meant, she was afraid the angry Perth mob was going to kneecap her, both.
Let's face it, the comments on social media weren't very kind to her, so she had a dream and thought not smart to come with empty hands.
Why come, if her presence would work like displaying a red flag to a bull?
I think it's more like stalling tactics in the hope AVZ would be intimidated and compromise / give in . An attempt to weaken our position/ resolve . Didn't work .
Xerof
Flaming 1967
I think he's agitating to see what ever happened to the MoU we had with BNBT - crickets after this announcement in March 2018 as far as I can see. I don't get his angle.....but then who ever does?
Sorry, had to edit the chairman references
21 March 2018
Beijing National Battery Technology Co., Ltd to visit the Manono Lithium Project
AVZ Minerals Limited (ASX: AVZ) (“AVZ” or “Company”) is pleased to advise that it is actively progressing the Memorandum of Understanding (“MOU") with Beijing National Battery Technology Co., Ltd (“BNB”) for potential investment and off-take opportunities.
As previously advised, discussions with BNB have been on-going for a number of months, and as part of BNB’s already-in-progress due diligence, the Company extended an invitation to visit the Manono Lithium Project in the Democratic Republic of Congo (“DRC”). Discussions have recently been held between BNB’s Chairman and AVZ Executive Management around working together to accelerate the development and production of the Manono Lithium Project. AVZ is pleased to confirm that the Chairman of BNB and their due diligence team will be attending site at Manono in the DRC next week with AVZ Management and its strategic advisor, Airguide International Pte Limited.
Beijing National Battery Technology Co., Ltd (www.nationalpower.com.cn) is headquartered in Beijing, China, and holds the dominant market position for the supply of batteries to China's bus industry and is the 7th largest battery maker globally with a focus on rapidly expanding its production facilities.
AVZ’s Executive Chairman Klaus Fuckoff commented: “We are very excited by the pace and professionalism demonstrated by BNB as they move through their due diligence process with AVZ. Their ambition to be a dominant player in the global battery market is an excellent match for AVZ given the size of Manono. The continued level of interest we are seeing in the Company following our recent record drill results, confirms once again the Manono Lithium Project as a world-class asset.”
AVZ also advises that discussions with other memoranda of understanding parties, Guangzhou Tinci Materials Technology Co. and Shanghai GreatPower Industry Co. remain ongoing.
About Beijing National Battery Technology Co., Ltd
Beijing National Battery Technology Co., Ltd. engages in the research and development, production, and sales of lithium batteries. It offers lithium iron phosphate series of batteries for use in buses and cars. The company was founded in 2011 and is based in Beijing, China.
Beijing National Battery Technology Co., Ltd. operates as a subsidiary of State Power Group, Ltd (www.eng.spic.com.cn).
BNB has its own in-house team of more than 200 technical staff, with over 15-years of experience in China's lithium-ion battery sector, with the principals of BNB involved with the creation of BYD. The company holds more than 300 patents and has established production bases in Zhengzhou of Henan Province, Haining of Zhejiang Province, Xiangyang of Hubei Province, Nanchang of Jiangxi Province and Xinyu City of Jiangxi Province.
BNB has developed the next generation of lithium iron phosphate batteries with energy densities of 220 Wh/kg, and for its lithium nickel cobalt manganese (LiNiCoMn)O2 batteries, energy densities of 330 Wh/kg have been reached, both of these battery series are planned for mass production in 2020.
BNB holds the dominant market position for the supply of batteries to China's bus industry. The company has strategic supply agreements with Yutong Bus, Zhongtong Bus, King Long Bus, Yaxing Bus, Higer bus and Wuzhou Long Bus, with purchase orders in excess of 2 million kWh, and 5 billion yuan.
For further information, visit www.avzminerals.com.au or contact:
Mr Klaus Fuckoff
Executive Chairman
AVZ Minerals Limited
Phone: +377 680 866 300 Email: klauseckhof@monaco.mc
Mr Nigel Ferguson
Managing Director
AVZ Minerals Limited
Phone: +61 8 9380 6789
Email: nferguson@avzminerals.com.au
Last edited:
JAG
Top 20
Seems like someone has shat there pants......And I mean one of those farts you have then you realise its running down your legs.
1. 10 days...yeah so fn what, Cash is cutting my lawn you piece of Sh@t
stop reading into everything you read and maybe spend some time with your family or dog.
2. You obviously did not attend the roadshow cause you only hold 100 shares.Seems every other person in that room heard the same thing so this wasn't just made up. Do your home work pal.
3. A lot has happened in August, can you remind me exactly what I said again?
4. WOW, you didn't receive the WeChat info
5. Be careful making false accusations
6. If you actually did your own homework, connected with people in the DRC and here you would know what I know, but no, you want to be spoon fed by others who do all the work daily to keep informed get off ya arse and collaborate with people.
7. 12 posts on HC
1. 10 days...yeah so fn what, Cash is cutting my lawn you piece of Sh@t
stop reading into everything you read and maybe spend some time with your family or dog.2. You obviously did not attend the roadshow cause you only hold 100 shares.
Seems every other person in that room heard the same thing so this wasn't just made up. Do your home work pal.3. A lot has happened in August, can you remind me exactly what I said again?
4. WOW, you didn't receive the WeChat info
5. Be careful making false accusations
6. If you actually did your own homework, connected with people in the DRC and here you would know what I know, but no, you want to be spoon fed by others who do all the work daily to keep informed
get off ya arse and collaborate with people.7. 12 posts on HC
oxxa23
Regular
dont waste another minute thinking about the clown..Seems like someone has shat there pants......And I mean one of those farts you have then you realise its running down your legs.
1. 10 days...yeah so fn what, Cash is cutting my lawn you piece of Sh@t
2. You obviously did not attend the roadshow cause you only hold 100 shares.
3. A lot has happened in August, can you remind me exactly what I said again?
4. WOW, you didn't receive the WeChat info
5. Be careful making false accusations
6. If you actually did your own homework, connected with people in the DRC and here you would know what I know, but no, you want to be spoon fed by others who do all the work daily to keep informed
7. 12 posts on HC
View attachment 43472
Wow, $300k just to get a foot in the door
.............so you get royally fucked over prior to a ICC arbitration date, then get royally fucked over to get a hearing.........
Xerof
Flaming 1967
Wow, $300k just to get a foot in the door
View attachment 43480
But when you know you will get royally fucked over if you take the next step, why pay 300k for the privilege
and if you believe that some of the people behind MMCS are the very same players AVZ is dealing with in positions of responsibility, you can understand why they backed off in a hurry. But fuck, their ploy very nearly worked by refusing to pay for COMINIERE legal representation.
I think this will become a common theme at ICC - look forward to it
$300k is beer money for Zijin, worth it for them to pay and delay regardless, call it a tax deduction.....
However, pride and not "losing face " is a different matter altogether.
Remark
Top 20
$300k is beer money for Zijin, worth it for them to pay and delay regardless, call it a tax deduction.....
However, pride and not "losing face " is a different matter altogether.
Hodlandwin69
Regular
What happened to Kiki Kienge? He's gone rogue against AVZ all of a sudden?
Remark
Top 20
TheGermanOne
Member
Serge Ngandu seems a speaker at the battery metals day 2023...
www.drc-africabatterymetals.com
SPEAKERS | Drc Africa Battery M
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