AVZ Discussion 2022

Samus

Top 20
Always thinking of others... selfless.
Absolutely, it's almost charity at that price. The general consensus is they're actually worth $12 ... USD!
 
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cruiser51

Top 20
How quickly can a SMSF be set up?
Depends on you and the missus.
It didn't take that long. Had a word with my accountant and it was a piece of cake.

However do not forget every person's circumstance is different, it saves me heaps and much more convenient, but it takes some time input.
Nothing for nothing. 😂
 
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Spikerama

Regular
There's a theory that crop circles are caused by alien spacecraft.

My theory is that they are done by cereal killers.
 
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pow4ade

Regular
Does anyone know of a good tax/accountant on gold coast
Used GCQ at Burleigh for basic tax preparation, relaxed no dramas. Upstairs from Justin Lane bar.
 
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Frank

Top 20
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Lithium from Manono: zijin mining is expanding the Mpiana-Mwanga plant

Katamba Mining, a subsidiary of the Chinese company, the company (70 % of the shares), launched a tender on 14 April 2025 to hire a subcontractor to build and operate a crushing power plant.

The aim is to produce gravel and sand needed for the work of the Mpiana-Mwanga III hydroelectric power plant, located more than 90 km north-east of Manono, Tanganyika province.

The services expected cover the installation of temporary infrastructure, the construction of a production system, the mobilisation of equipment and personnel, the logistics of the site, the transport of materials, the disposal of waste, maintenance and the production of technical reports. Interested companies have until 22 April to submit their applications.

This extension project comes a few months after the rehabilitation of the first two phases of this hydroelectric power plant built 97 years ago, which has been shut down since 1998.

In a Communiqué Born on 15 December 2024, Katamba Mining announced that it had invested 80 million dollars to restore the old facilities and increase their capacity to 40 MW, an increase of 30 per cent.

However, during a visit to the site in March 2025, the chairman of the Tanganyika national MP caucus, John Banza Lunda, told the press that only the first group had been put into service, with a production of 4 megawatts.

Details of the Mpiana Mwanga III project are still limited. But on January 13, following a board of directors of the Congolese Mining Company (Cominière), Katamba Mining’s second shareholder with 30% of the shares, its managing director, Célestin Kibeya Kabemba, estimated that the new plant should have a capacity of around 150 MW.

In the long term, the entire complex could therefore have an installed capacity close to 200 MW.


Energy supply to the Manono mine

It can also be said that the work should last at least until 31 January 2027. Activities linked to the crushing plant should, according to the invitation to tender, be extended from 1 May 2025 to 31 January 2027.

“The recommissioning of the Mpiana-Mwanga hydroelectric plant as an on-site renewable energy source ensures that the Manono mine, its processing facilities and the local community can once again be a centre for investment and economic development,” said James Wang, Vice-President of the Manono mine, at the end of the rehabilitation work.

These investments are therefore clearly aimed at securing the electricity supply of the Manono mining site, which is considered to be one of the largest high-grade lithium deposits in the world.

Mining plans to start production there in the first quarter of 2026.

The rehabilitation of the Mpiana-Mwanga was also included in the feasibility study of Cominière, partner until 2022 of Cominière for the exploitation of the Manono deposit.

The joint venture, controlled by the Australian company, was close to obtaining a operating permit when tensions arose between the two parties.

Disgusted with the draft, AVZ contested this decision before the International Chamber of Commerce.


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Shame !!! .jpg
 
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Retrobyte

Hates a beer
So nobody watched this?

Massad Boulos is giving a broadcasted briefing of his trip, including potential private sector investment by US firms, in 1 hour at 8:00am Thursday the 17th Washington DC time (10pm Sydney time).

Looks like you can watch over Zoom for free as long as you do the ticketing process, and then even have a question prepared. Link is Here
 
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oxxa23

Regular
So nobody watched this?
It was full up already... audio said it would be available an hour later here..

 
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Winenut

Go AVZ!
Used GCQ at Burleigh for basic tax preparation, relaxed no dramas. Upstairs from Justin Lane bar.
Always a good start when your accountant's office is upstairs from a bar
 
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Aeolian

Member
It was full up already... audio said it would be available an hour later here..

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Spikerama

Regular
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cruiser51

Top 20


So they can calculate the value......
 
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Mute22

Regular
Easter eggs?

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Flight996

Regular
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Skar

Regular
And if the above is correct and you had an SMSF, wouldn't you be better off selling your personally held unlisted AVZ shares to your SMSF for pennies, so the dividend would be taxed at 15% instead? This would also realise your capital loss in personal tax.

Before anyone thinks of doing something like this, please speak to an accountant and familiarize yourself with the concept of a wash sale.
 
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