AVZ Discussion 2022
- Thread starter GazDix
- Start date
BRICK
Where’s Zeebot 😶🌫️
No wonder he is bored then
cruiser51
Top 20
TheCount
Regular
Article on CATL:-
CATL musings
Careful, these guys do not recognise the DRC as a commercial source of Lithium. But then again maybe they're right?
TC.
CATL musings
Careful, these guys do not recognise the DRC as a commercial source of Lithium. But then again maybe they're right?
TC.
What’s stopping us from just selling to Zijin? I mean obviously it’s not what any of us wanted and it’s clear I’m having a bad day asking the question. It’s not the best outcome for the DRC but there seems to be no way of them breaking from the bribes and corruption. I’m sure they all want to avoid the ICC fines coming their way and the years and bad publicity they will face, not to mention the shade we throw them on X. It seems logical to just pay us our ATH and own the resource and get on with mining it..? I know this is very simplistic and I understand FIRB etc and there are much more educated, knowledgeable people than me on here who understand a lot more. But is this a possibility?
Cumquat Cap
Regular
Possibility of Zijin weren’t the most scumbag doggy company on earth. I heard a couple years ago they offered 13 cents and doubt they’d offer much more in this macro climate - they are absolute trash
They won’t pay for it. It’s much cheaper for them to steal it…..
I have no doubt management have tried this. Nothing to do with FIRB. Its not like Zijin are offering is $1-$2 and we are saying no.
"It is with this in mind that an expert was recruited to assess the risks that the country may incur following this dispute if it were to be resolved through legal channels."
A Chinese Expert has decided it's better for the DRC Gov to be a bunch of low life criminal scumbags and lose at ICSID .
Yeah I can't see why Zijin would contemplate shelling out literal billions for something that they have a reasonable chance of getting anyway for nearly nada. The north at least is well in their grasp, and thats what they are planning to build a mine on.
The only way I can see a viable offer coming from Zijin is further down the line, should it become apparent that the ICSID ruling is likely to bring them significant trouble, namely in terms calling 'their' tenement area and licence into question. Then we could plausibly see a buy-out attempt, just to secure the minerals beyond all doubt, though that would still be unlikely IMO to reach the levels any of us would deem warranted.
In the meantime I'd say they are content to let the questions over the 'south' continue to drag on, whilst they progress with mine development. Hard to argue with their prospect as a potential partner when one tenement lies dormant whilst another nears production. Even though that is 110% down to shitfuckery, it'll still make it easier for our corrupt enemies in DRC to press their case
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Cumquat Cap
Regular
I haven’t stopped preying for the last 18 months.
marksmann007
Regular
I feel the Americans are our best chance of getting some sort of resolution or deal done with the DRC Government for AVZ in the near term from here.
I'd like to be wrong but I reckon Shitsekedi and the DRC government couldn't give a flying fuck about the US
Rediah
Regular
US Government set to ban Chinese software and hardware in cars
A new regulation would ban Chinese software and hardware in new vehicles sold in the US within the next few years.
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