AVZ Discussion 2022
- Thread starter GazDix
- Start date
Azzler
Top 20
What a fucking piece of shit.
Please everyone let loose on this unbelievable tosser.
Fine
Is not 50c
oxxa23
Regular
per sabines post on the crapper and Australian article referenced bybwombat above
Aussie lithium explorer scores an international court legal victory over DRC and Chinese claim
BRAD THOMPSON
M23 rebels seize Bukavu amid intensified fighting in eastern DR Congo—residents flee as ports reopen after weeks of clashes.
8 minutes ago’
AVZ Minerals says it has had talks with US entities interested in acquiring a disputed lithium project in the Democratic Republic of Congo under a deal which shapes as a flashpoint in relations between the Trump administration and China.
Perth-headquartered AZV broke its silence on the talks after scoring a significant legal victory in its battle with the DRC and a Chinese mining giant over the Manono lithium project.
An international arbitration court in Paris ordered a DRC state-owned mining company to pay AVZ a penalty of €39.12m ($67.5m) plus interest in a bitter dispute over the rights to mine the massive Manono deposit.
The ruling strengthens the hand of AVZ, supported by the US, as it seeks to make a great escape from the DRC.
It has held high-level talks about the ownership and future of Manono and other mining projects as it tries to strike a critical minerals pact with the strife-torn African nation.
The US focus on the resources-rich DRC comes with a big question mark over Ukraine’s capacity to supply critical minerals.
The Trump administration also thumbed its nose at Australia’s offer to work more closely on critical minerals in return for an exemption from steel and aluminium tariffs.
AVZ confirmed the substance of The Australian’s reporting on the future of Manono on Friday in the wake of its partial victory over the DRC and giant Chinese miner Zijin in the International Court of Arbitration of the International Chamber of Commerce (ICC).
AVZ – valued at $4.6bn before a dispute over the Manono licence sent it into a tailspin – said it had been in the US for talks about raising funds to secure and develop the huge lithium project.
The talks involving managing director Nigel Ferguson and commercial manager Ben Cohen included sale options and a long-term deal for lithium offtake.
“During that visit, AVZ met with various parties who expressed interest in the Manono lithium project,” AVZ said on Friday.
“These discussions were of a fact-finding and preliminary nature and remain at an early stage. AVZ has not received any written proposal in relation to any investment or transaction and there is no certainty that any investment or transaction proposal will emerge.
“AVZ cannot comment further at this stage on the prospects or potential terms of any investment or transaction.”
It is understood both the Trump administration and the DRC favour some form of US ownership of at least the southern portion of Manono.
The disputed AVZ Minerals lithium project in the DRC.
Any deal is likely to hinge on whether the US reaches a critical minerals deal with the DRC in return for security.
President Felix Tshisekedi has reached out to the US as he fights to retain power as Rwandan-backed rebels wreak havoc and control parts of the country.
The US wants any sale by AVZ to not be complicated by residual links to China’s CATL – the world’s biggest electric vehicle battery manufacturer, which in January provided $20m in funding to AVZ to help the company continue the legal battle for Manono.
It is also understood the US wants both the DRC and AVZ to discontinue any legal action over Manono.
The ICC awarded the $67.5m penalty against DRC-owned mining company Cominière because it ignored previous emergency orders in the dispute.
It is unclear if the DRC will ever pay the penalty to AVZ.
The previous orders related to the DRC and Cominière and actions taken in splitting the Manono licence and allowing Zijin to forge ahead in the north of the deposit to the point where the multi-commodity Chinese miner is targeting first lithium production early in 2026.
AVZ maintains the DRC acted illegally by taking over its permit over the whole of Manono and then awarding the northern portion to a Zijin subsidiary in September 2023.
AVZ said it was considering steps to recover the penalty handed down by the ICC.
The ICC tribunal rejected Cominière’s application to set aside the emergency orders, and reaffirmed a series of injunctions imposed in previous hearings but ignored.
The injunctions essentially barred Cominière from performing any act or taking any action that would result from its purported termination of a joint venture company known as Dathcom, along with a penalty of €50,000 a day for any noncompliance.
The Dathcom joint venture between AVZ and Cominière at one time also involved a company controlled by Chinese businessman Cong Mao Huai, or Simon Cong.
Some of AVZ problems in the DRC can be traced back to Mr Cong’s Dathomir and a dispute over the sale of its stake.
Sources close to talks that played out in Washington earlier this month have said the US may back AVZ being handed back the southern licence only to avoid a full-blown conflict with China.
AVZ was suspended from trading on the ASX for two years before announcing it would de-list in May last year. Its West Perth offices were raided by Federal Police investigating bribery allegations – which AVZ denies – last December.
Azzler
Top 20
After such agonizingly long and stagnant doldrums, it's a real breath of fresh air to see some positive movement in regards our investments into AVZ.
I would like to invite you guys to show a real backing of support to our Board of Directors at this stage. As we appear to be winding up to hit a massive sixer at the MCG with the whole of Australia watching with baited breath!!!!
It would be a real boon for Nigel Ferguson and the entire team to see us clapping them on at this possibly momentous and successful time.
So please, get on X and show your support, I promise it will mean a lot for them to hear it.
Here is a good place to begin:
Good Luck To All Shareholders!!!!!
<3
I would like to invite you guys to show a real backing of support to our Board of Directors at this stage. As we appear to be winding up to hit a massive sixer at the MCG with the whole of Australia watching with baited breath!!!!
It would be a real boon for Nigel Ferguson and the entire team to see us clapping them on at this possibly momentous and successful time.
So please, get on X and show your support, I promise it will mean a lot for them to hear it.
Here is a good place to begin:
Good Luck To All Shareholders!!!!!
<3
Azzler
Top 20
New Article in the Australian on AVZ.
From HC:
Aussie lithium explorer scores an international court legal victory over DRC and Chinese claim
BRAD THOMPSON
M23 rebels seize Bukavu amid intensified fighting in eastern DR Congo—residents flee as ports reopen after weeks of clashes.
8 minutes ago’
AVZ Minerals says it has had talks with US entities interested in acquiring a disputed lithium project in the Democratic Republic of Congo under a deal which shapes as a flashpoint in relations between the Trump administration and China.
Perth-headquartered AZV broke its silence on the talks after scoring a significant legal victory in its battle with the DRC and a Chinese mining giant over the Manono lithium project.
An international arbitration court in Paris ordered a DRC state-owned mining company to pay AVZ a penalty of €39.12m ($67.5m) plus interest in a bitter dispute over the rights to mine the massive Manono deposit.
The ruling strengthens the hand of AVZ, supported by the US, as it seeks to make a great escape from the DRC.
It has held high-level talks about the ownership and future of Manono and other mining projects as it tries to strike a critical minerals pact with the strife-torn African nation.
The US focus on the resources-rich DRC comes with a big question mark over Ukraine’s capacity to supply critical minerals.
The Trump administration also thumbed its nose at Australia’s offer to work more closely on critical minerals in return for an exemption from steel and aluminium tariffs.
AVZ confirmed the substance of The Australian’s reporting on the future of Manono on Friday in the wake of its partial victory over the DRC and giant Chinese miner Zijin in the International Court of Arbitration of the International Chamber of Commerce (ICC).
AVZ – valued at $4.6bn before a dispute over the Manono licence sent it into a tailspin – said it had been in the US for talks about raising funds to secure and develop the huge lithium project.
The talks involving managing director Nigel Ferguson and commercial manager Ben Cohen included sale options and a long-term deal for lithium offtake.
“During that visit, AVZ met with various parties who expressed interest in the Manono lithium project,” AVZ said on Friday.
“These discussions were of a fact-finding and preliminary nature and remain at an early stage. AVZ has not received any written proposal in relation to any investment or transaction and there is no certainty that any investment or transaction proposal will emerge.
“AVZ cannot comment further at this stage on the prospects or potential terms of any investment or transaction.”
It is understood both the Trump administration and the DRC favour some form of US ownership of at least the southern portion of Manono.
The disputed AVZ Minerals lithium project in the DRC.
Any deal is likely to hinge on whether the US reaches a critical minerals deal with the DRC in return for security.
President Felix Tshisekedi has reached out to the US as he fights to retain power as Rwandan-backed rebels wreak havoc and control parts of the country.
The US wants any sale by AVZ to not be complicated by residual links to China’s CATL – the world’s biggest electric vehicle battery manufacturer, which in January provided $20m in funding to AVZ to help the company continue the legal battle for Manono.
It is also understood the US wants both the DRC and AVZ to discontinue any legal action over Manono.
The ICC awarded the $67.5m penalty against DRC-owned mining company Cominière because it ignored previous emergency orders in the dispute.
It is unclear if the DRC will ever pay the penalty to AVZ.
The previous orders related to the DRC and Cominière and actions taken in splitting the Manono licence and allowing Zijin to forge ahead in the north of the deposit to the point where the multi-commodity Chinese miner is targeting first lithium production early in 2026.
AVZ maintains the DRC acted illegally by taking over its permit over the whole of Manono and then awarding the northern portion to a Zijin subsidiary in September 2023.
AVZ said it was considering steps to recover the penalty handed down by the ICC.
The ICC tribunal rejected Cominière’s application to set aside the emergency orders, and reaffirmed a series of injunctions imposed in previous hearings but ignored.
The injunctions essentially barred Cominière from performing any act or taking any action that would result from its purported termination of a joint venture company known as Dathcom, along with a penalty of €50,000 a day for any noncompliance.
The Dathcom joint venture between AVZ and Cominière at one time also involved a company controlled by Chinese businessman Cong Mao Huai, or Simon Cong.
Some of AVZ problems in the DRC can be traced back to Mr Cong’s Dathomir and a dispute over the sale of its stake.
Sources close to talks that played out in Washington earlier this month have said the US may back AVZ being handed back the southern licence only to avoid a full-blown conflict with China.
AVZ was suspended from trading on the ASX for two years before announcing it would de-list in May last year. Its West Perth offices were raided by Federal Police investigating bribery allegations – which AVZ denies – last December.
From HC:
Aussie lithium explorer scores an international court legal victory over DRC and Chinese claim
BRAD THOMPSON
M23 rebels seize Bukavu amid intensified fighting in eastern DR Congo—residents flee as ports reopen after weeks of clashes.
8 minutes ago’
AVZ Minerals says it has had talks with US entities interested in acquiring a disputed lithium project in the Democratic Republic of Congo under a deal which shapes as a flashpoint in relations between the Trump administration and China.
Perth-headquartered AZV broke its silence on the talks after scoring a significant legal victory in its battle with the DRC and a Chinese mining giant over the Manono lithium project.
An international arbitration court in Paris ordered a DRC state-owned mining company to pay AVZ a penalty of €39.12m ($67.5m) plus interest in a bitter dispute over the rights to mine the massive Manono deposit.
The ruling strengthens the hand of AVZ, supported by the US, as it seeks to make a great escape from the DRC.
It has held high-level talks about the ownership and future of Manono and other mining projects as it tries to strike a critical minerals pact with the strife-torn African nation.
The US focus on the resources-rich DRC comes with a big question mark over Ukraine’s capacity to supply critical minerals.
The Trump administration also thumbed its nose at Australia’s offer to work more closely on critical minerals in return for an exemption from steel and aluminium tariffs.
AVZ confirmed the substance of The Australian’s reporting on the future of Manono on Friday in the wake of its partial victory over the DRC and giant Chinese miner Zijin in the International Court of Arbitration of the International Chamber of Commerce (ICC).
AVZ – valued at $4.6bn before a dispute over the Manono licence sent it into a tailspin – said it had been in the US for talks about raising funds to secure and develop the huge lithium project.
The talks involving managing director Nigel Ferguson and commercial manager Ben Cohen included sale options and a long-term deal for lithium offtake.
“During that visit, AVZ met with various parties who expressed interest in the Manono lithium project,” AVZ said on Friday.
“These discussions were of a fact-finding and preliminary nature and remain at an early stage. AVZ has not received any written proposal in relation to any investment or transaction and there is no certainty that any investment or transaction proposal will emerge.
“AVZ cannot comment further at this stage on the prospects or potential terms of any investment or transaction.”
It is understood both the Trump administration and the DRC favour some form of US ownership of at least the southern portion of Manono.
The disputed AVZ Minerals lithium project in the DRC.
Any deal is likely to hinge on whether the US reaches a critical minerals deal with the DRC in return for security.
President Felix Tshisekedi has reached out to the US as he fights to retain power as Rwandan-backed rebels wreak havoc and control parts of the country.
The US wants any sale by AVZ to not be complicated by residual links to China’s CATL – the world’s biggest electric vehicle battery manufacturer, which in January provided $20m in funding to AVZ to help the company continue the legal battle for Manono.
It is also understood the US wants both the DRC and AVZ to discontinue any legal action over Manono.
The ICC awarded the $67.5m penalty against DRC-owned mining company Cominière because it ignored previous emergency orders in the dispute.
It is unclear if the DRC will ever pay the penalty to AVZ.
The previous orders related to the DRC and Cominière and actions taken in splitting the Manono licence and allowing Zijin to forge ahead in the north of the deposit to the point where the multi-commodity Chinese miner is targeting first lithium production early in 2026.
AVZ maintains the DRC acted illegally by taking over its permit over the whole of Manono and then awarding the northern portion to a Zijin subsidiary in September 2023.
AVZ said it was considering steps to recover the penalty handed down by the ICC.
The ICC tribunal rejected Cominière’s application to set aside the emergency orders, and reaffirmed a series of injunctions imposed in previous hearings but ignored.
The injunctions essentially barred Cominière from performing any act or taking any action that would result from its purported termination of a joint venture company known as Dathcom, along with a penalty of €50,000 a day for any noncompliance.
The Dathcom joint venture between AVZ and Cominière at one time also involved a company controlled by Chinese businessman Cong Mao Huai, or Simon Cong.
Some of AVZ problems in the DRC can be traced back to Mr Cong’s Dathomir and a dispute over the sale of its stake.
Sources close to talks that played out in Washington earlier this month have said the US may back AVZ being handed back the southern licence only to avoid a full-blown conflict with China.
AVZ was suspended from trading on the ASX for two years before announcing it would de-list in May last year. Its West Perth offices were raided by Federal Police investigating bribery allegations – which AVZ denies – last December.
"It is understood both the Trump administration and the DRC favour some form of US ownership of at least the southern portion of Manono."
Be careful what you wish for.
Trumps interests in descending order of priority here:
1 Donald J Trump
2 His mates and big business generally - including the c***s who will continue to make $$ out of Ukraine arms supplies.
3 USA
The rest, may or may not be taken care of but we don't know if AVZ is #4 or 44
After what he did with Zelensky, expect the unexpected. But NO favours is guaranteed.
Maybe we will need to pay for security of the mine.
Just saying.
Long way to go.
Winenut
Go AVZ!
We'll squeeze Celestin's nuts in a fucking vice until he gives us the PIN to his French bank account
Throw all the losers in together is my take. Get it all done at onceIf it hasn't been noted before it means Dathomir will be joining with Cominiere and Jin Cheng / Zijin in proceedings against AVZI accusing us of breaches of the Dathcom JVA
That's my take on it
Happy for @Xerof to correct me!
TheCount
Regular
Hey TBag Tommy, we know you read this.
If you had threats you are weak-arse wanker to go crying to the authorities. Stop the lies and report the truth. Would make a nice change.
Mute22
Regular
Listen up cadets, your mission: Counter the downrampers. They’re out flooding every platform with "50c buyout is the best you can hope for" nonsense right now!
Get off your bum and hit X, The Crapper, article comments, Facebook - everywhere. Crank up the pressure. Turn the screws on these miserable fucks.
We’re not here to roll over for a lowball offer - we set the price, not them.
Or are you a side sitting nancyboy?
Would you like to know more?
Get off your bum and hit X, The Crapper, article comments, Facebook - everywhere. Crank up the pressure. Turn the screws on these miserable fucks.
We’re not here to roll over for a lowball offer - we set the price, not them.
Or are you a side sitting nancyboy?
Would you like to know more?
Cominiere received US$70,000 for the northern section.
Please transfer to AVZ's bank account in Paris.
Thank you
UtterMoron
Member
He's right about that, I wouldn't bat an eye for a price south of $2 a pop for what we've been through
Penskefile
Regular
1. The same Donald J Trump who is the only US President in history to leave the White House with a lower net wealth than prior to entry into the WH? Right now he could be sitting on a golf course amongst his billions without a care in the world. Instead he literally took a bullet for his country and chose to stand up to the DC swamp and blue-haired freaks. We here in Australia could do with a Trump at the helm, but instead we’ve inherited a pissant PM who lets a bellicose China have their way with him and his constituents.
2. Do not conflate DT‘s mates with the Corporate Elite and the Military Industrial Complex including Liz Cheney, Elizabeth Warren and co.
3. USA - yes, the USA who saved democracy’s arse over 2 world wars - particularly Europe who continue to freeload off the goodwill of the US taxpayer.
The party’s over and there is now a price to pay if a country is wanting US military and financial assistance.
As far as AVZ is concerned, like with Zelenskyy, beggars can’t be choosers, and there are two choices here: be at China’s mercy or Trump’s. The choice is obvious.
Frank
Top 20
After such agonizingly long and stagnant doldrums, it's a real breath of fresh air to see some positive movement in regards our investments into AVZ.
I would like to invite you guys to show a real backing of support to our Board of Directors at this stage. As we appear to be winding up to hit a massive sixer at the MCG with the whole of Australia watching with baited breath!!!!
It would be a real boon for Nigel Ferguson and the entire team to see us clapping them on at this possibly momentous and successful time.
So please, get on X and show your support, I promise it will mean a lot for them to hear it.
Here is a good place to begin:
Good Luck To All Shareholders!!!!!
Here Here - Ditto Bro,
Not to mention our loyal friends / followers on X along the way like Jonnno
What an absolute Legend he has been keeping the pressure on !
By Naming and Shaming the Shit out these Corrupt Bastards !
Frank
Top 20
On Ya Emma for spreading the Word who ever you are- every bit Helps every Day
Last edited:
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