AVZ Discussion 2022

[Mute22]

Why now though?

Maybe the situation looks something like this:

The DRC has realised there's no more room to drag this out - they don’t want their dirty laundry aired on the world stage, nor do they want the mine tied up for years. Their expensive lawyers have likely told them there’s no way they come out of this looking good. However, their egos won’t allow them to backtrack and let AVZ be involved in the project after all this bad blood. So, they’ve made an offer to Nigel:

Find a serious Western buyer to take your place.

CATH keeps its stake, and they’ll issue the ML on the condition of this sale. This way, the mine operates with both Western and Chinese involvement, hedging their bets. No need for court battles, corruption gets swept under the rug, and the key players walk away with their ill-gotten gains. The DRC public remains none the wiser, and Felix gets a geopolitical win - keeping both sides happy while securing indirect US support against M23.

That’s my headcanon, anyway.

 

[Hodlandwin69]

 

[ptlas]

Maybe the situation looks something like this:

The DRC has realised there's no more room to drag this out - they don’t want their dirty laundry aired on the world stage, nor do they want the mine tied up for years. Their expensive lawyers have likely told them there’s no way they come out of this looking good. However, their egos won’t allow them to backtrack and let AVZ be involved in the project after all this bad blood. So, they’ve made an offer to Nigel:

Find a serious Western buyer to take your place.

CATH keeps its stake, and they’ll issue the ML on the condition of this sale. This way, the mine operates with both Western and Chinese involvement, hedging their bets. No need for court battles, corruption gets swept under the rug, and the key players walk away with their ill-gotten gains. The DRC public remains none the wiser, and Felix gets a geopolitical win - keeping both sides happy while securing indirect US support against M23.

That’s my headcanon, anyway.

Which means we don't need to go away on the cheap.

 

[RHyNO]

And now there’s a virus killing people in Kinshasa within 5 days of infection. Give me my $2 per share and I’m so completely out of here. Heart of darkness indeed!

 

[wombat74]

And now there’s a virus killing people in Kinshasa within 5 days of infection. Give me my $2 per share and I’m so completely out of here. Heart of darkness indeed!

"The first victims in one of the villages were children who ate a bat and died within 48 hours, the Africa office of the World Health Organization said this week."

While Felix eats a lobster lunch in Brussels .

 

[Uglybob]

Maybe the situation looks something like this:

The DRC has realised there's no more room to drag this out - they don’t want their dirty laundry aired on the world stage, nor do they want the mine tied up for years. Their expensive lawyers have likely told them there’s no way they come out of this looking good. However, their egos won’t allow them to backtrack and let AVZ be involved in the project after all this bad blood. So, they’ve made an offer to Nigel:

Find a serious Western buyer to take your place.

CATH keeps its stake, and they’ll issue the ML on the condition of this sale. This way, the mine operates with both Western and Chinese involvement, hedging their bets. No need for court battles, corruption gets swept under the rug, and the key players walk away with their ill-gotten gains. The DRC public remains none the wiser, and Felix gets a geopolitical win - keeping both sides happy while securing indirect US support against M23.

That’s my headcanon, anyway.

That's not an offer, that's a demand. The DRC are in no position to make demands and they know it. Potentially AVZ could have offered this outcome, but it would be unlikely to be DRC driven.

That said, as much as I'd love to see all involved in the corruption arrested and Felix the impotent's head on a pike, that doesn't get the $$$ in my pocket, so whatever it takes to get the deal done is fine my me (legally and justly of course, I'm not that much of a savage).

 

[Frank]

Conflict in Congo threatens supply of key mineral for smartphones and AI​

Conflicts in the Democratic Republic of Congo (DRC) could impact the global supply of tantalum, a key mineral used in capacitors for electronics such as smartphones, laptops, and AI systems.

According to a recent report by UN experts, Congo’s trade in gold, tin, and tantalum directly supports armed groups involved in widespread human rights abuses in the country.

In an interview with MINING.COM host Devan Murugan, Kyle Pronk, a research analyst at Project Blue, explains that, contrary to larger markets further south, like the copper industry, the tantalum market in Congo is concentrated in the north, an area of intense conflict.

Congo was responsible for 42% of global tantalum production in 2024.

Tantalum has not been mined in the United States since 1959.

Currently, the U.S. imports 12% of its tantalum from Congo.

India exploring critical minerals in Zambia, Congo and Australia​

India is exploring mining of critical minerals in Zambia, Congo and Australia, Mines Secretary V.L. Kantha Rao said on Thursday, as the world’s fastest-growing major economy aims to secure raw materials such as lithium.

Companies like Coal India, NMDC and ONGC Videsh are exploring critical minerals in Australia, Rao said.

The move comes as India is taking efforts to reduce its reliance on imports of minerals such as lithium, key to energy transition technologies.

India is still in the process of developing lithium processing technology, a sector predominantly led by China.

The Zambian government has recently agreed to give 9,000 square kilometers to India for exploration of cobalt and copper, Rao said in a media conference, adding that India is also looking at Congo and Tanzania for mining critical minerals.

Meanwhile, India’s Mines Minister G Kishan Reddy said the country has decided to explore lithium reserves in Jammu and Kashmir and clarity on this is expected by May 2025.

The government in February 2023 found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million metric tons, but has failed to get any bids to auction mining rights in the state.

In 2023, India identified over 20 minerals, including lithium, as “critical” for its energy transition efforts and to meet the growing demand from industries and the infrastructure sector.

New Delhi in January 2025 approved 163 billion rupees ($1.88 billion) to develop the critical minerals sector.

mining.com

https://x.com/_smogdaddy/status/1895194826641232206

 

[Doc]

Last week my contact said there was no one in the board room as they were out trying to get the best deal for shareholders, my contact added no one was authorised to divulge their whereabouts. Then we heard later that nigel was in the US. The feeling I get is they're trying to sell the mine to the highest bidder.

Whilst I appreciate any update your email is fluff. The fact is that the BoD have been ( or should have been ) out trying to get the best deal for the last 2 years already. And for the last 2 years they have not divulged their whereabouts.
Trying to sell the mine to the highest bidder? Dont need to be Einstein to work that one out.

My update, I heard the sun will rise tomorrow

 

[Remark]

Whilst I appreciate any update your email is fluff. The fact is that the BoD have been ( or should have been ) out trying to get the best deal for the last 2 years already. And for the last 2 years they have not divulged their whereabouts.
Trying to sell the mine to highest bidder? Dont need to be Einstein to work that one out.

My update, I heard the sun will rise tomorrow

I'm having a meeting with Nigel tomorrow for a nice steak & a bottle of red.

It must be true because you're reading it on an anonymous web forum.

 

[Bray]

Typically geo’s comments are written in a secret squirrel business manner, this time he’s been pretty direct. Gotta say im usually one of the first to call his comments bullshit but I’m gonna give him the benefit of a doubt this time

 

[Mute22]

That's not an offer, that's a demand. The DRC are in no position to make demands and they know it. Potentially AVZ could have offered this outcome, but it would be unlikely to be DRC driven.

That said, as much as I'd love to see all involved in the corruption arrested and Felix the impotent's head on a pike, that doesn't get the $$$ in my pocket, so whatever it takes to get the deal done is fine my me (legally and justly of course, I'm not that much of a savage).

Except the individuals on their side are absolutely in a position to make demands, you forget these people are happy to skim from the top and let the country pay for the consequences.

Of course Nigel likely would have proposed providing the ML in conjunction with a sale, but that might have been completely stonewalled until now, where they have for the first time been open to the proposition. Entirely because of CATH involvement and having to face the music in June.

All I know is I wouldn't get your hopes up for any arrests or accountability when we get out of this.

 

[Scoota30]

Last week my contact said there was no one in the board room as they were out trying to get the best deal for shareholders, my contact added no one was authorised to divulge their whereabouts. Then we heard later that nigel was in the US. The feeling I get is they're trying to sell the mine to the highest bidder.

Come on Geo.... spill the beans please, what is the best current offer on the table in AUD per share?? has to be north of $2 as it stands surely.

US or Saudi interested?

 

[Stockinvesting]

Last week my contact said there was no one in the board room as they were out trying to get the best deal for shareholders, my contact added no one was authorised to divulge their whereabouts. Then we heard later that nigel was in the US. The feeling I get is they're trying to sell the mine to the highest bidder.

I call BS .

 

[Spikerama]

Come on Geo.... spill the beans please, what is the best current offer on the table in AUD per share?? has to be north of $2 as it stands surely.

US or Saudi interested?

$12




US

 

[Scoota30]

$12




US

That is north of $2 AUD so it checks out

 

[wombat74]

“I went to a bookstore and asked the saleswoman, 'Where’s the self-help section?' She said if she told me, it would defeat the purpose.”

“Why isn’t the word “phonetically” spelled with an “f”?

“Whose cruel idea was it for the word “lisp” to have an “s” in it?”

 

[BRICK]

I'm having a meeting with Nigel tomorrow for a nice steak & a bottle of red.

It must be true because you're reading it on an anonymous web forum.

I hope hes paying

 

[Spikerama]

I know everyone's mourning the death of Gene Hackman and all but did you know we also lost the couple responsible for inventing the "brochure".

Rest in peace, Mrs Pam Flett and her husband, Lee.

 

[PutUsernameHere]

Come on Geo.... spill the beans please, what is the best current offer on the table in AUD per share?? has to be north of $2 as it stands surely.

US or Saudi interested?

 

[Carlos Danger]

"The first victims in one of the villages were children who ate a bat and died within 48 hours, the Africa office of the World Health Organization said this week."

While Felix eats a lobster lunch in Brussels .

Maybe it was a pangolin