AVZ Discussion 2022

[wombat74]

I agree Wombat, the biggest issue to do with KoBold is the valuation issue. They seem to continually add in risk factors (which all should be eliminated under the security for minerals deal), and casting doubt on the dispute.

As far as the dispute, we legally fulfilled all the legal requirements for the ML and were granted the mining decree. Then Cominiere violated our FROR, then they terminated the Dathcom JV because we argued against them violating FROR, then the DRC terminated our PR13359 for reasons that were caused by Cominiere.

All the DRC’s above actions are in violation of their own mining code, but KoBold never acknowledge any of those things. An article in The Australian referred to Manono as being the crown jewel in the security for minerals deal so the question remains, are KoBold going to pay fair value.

It’s not looking like anyone else is going to enter into a bidding war against KoBold when all along they have been suggesting they have already negotiated deals with AVZ, Tshisekedi, the US government and Rio. Like I’ve said before, everything points to them coming in with a less than fair value offer and then making a major profit by forming a new JV with a major mining entity.

Like everyone else, I want a deal done, I just don’t want us getting ripped off by the opportunistic self serving efforts of KoBold when we know they really don’t give a shit about AVZ or its shareholders

Mate I don't disagree with what you are saying . It's going to be Nigel's call .

----------------------------------------------------------------------------------------------
“AVZ and KoBold are working cooperatively with all stakeholders, including the US government, the DRC government, and AVZ’s current development partner,” they said.

The Australian understands Mr Tshisekedi has given his blessing to the AVZ-KoBold deal.

AVZ will propose to the DRC government that they suspend the international arbitration proceedings to facilitate discussions on handing back its licence to clear the way for the KoBold deal.

Sources close to Mr Ferguson said he had been working tirelessly in Washington to secure the best possible deal for AVZ shareholders given there is no guarantee the DRC would adhere to any eventual arbitration ruling in AVZ’s favour."

 

[Strongman]

Haha cheers dude but where have you been? This has been counting down since 75. I just updated the sunrise.

Yeah thats what i meant. The sunset is perfect addition

 

[Spikerama]

Yeah thats what i meant. The sunset is perfect addition

Sunrise mate. Dawn of a new era. It's gonna get brighter.

 

[Doc]

Mate I don't disagree with what you are saying . It's going to be Nigel's call .

----------------------------------------------------------------------------------------------
“AVZ and KoBold are working cooperatively with all stakeholders, including the US government, the DRC government, and AVZ’s current development partner,” they said.

The Australian understands Mr Tshisekedi has given his blessing to the AVZ-KoBold deal.

AVZ will propose to the DRC government that they suspend the international arbitration proceedings to facilitate discussions on handing back its licence to clear the way for the KoBold deal.

Sources close to Mr Ferguson said he had been working tirelessly in Washington to secure the best possible deal for AVZ shareholders given there is no guarantee the DRC would adhere to any eventual arbitration ruling in AVZ’s favour."

No ML, no stay of proceedings

 

[Skar]

It’s not looking like anyone else is going to enter into a bidding war against KoBold when all along they have been suggesting they have already negotiated deals with AVZ, Tshisekedi, the US government and Rio. Like I’ve said before, everything points to them coming in with a less than fair value offer and then making a major profit by forming a new JV with a major mining entity.

I don't think anyone else would even bid until ownership is resolved because what are they bidding on? or it would be a very short list (I would love to see Elon stick it to Bezos and come though though).

Still if Kobold can show that the DRC Gov are willing to come to terms, then even if we say no to Kobold and the DRC keep us locked up in ICSID, down the track as the market heats up, we make legal headway and there is proof of stability with the US-DRC mineral deal from other ventures and the project economics surge, I think at that point more US partners or buyers would emerge.

 

[wombat74]

No ML, no stay of proceedings
View attachment 85004

I think the whole deal will be done in one parcel . Not AVZ get the ML then do a deal with Kobold . Blink and you miss it / ML now in Kobold's name . No AVZ Cami update needed. DRC have egg on their face . They want AVZ gone . IMO

 

[Stockinvesting]

I tend to think its this with Kobold or nothing. ML straight to Kobold, court cases gone, an offer from Kobold that Nige commits too. This or the court cases continue and we wait and see if CATH, RIO, the arabs or anyone else can broker a deal that manages to appease all parties.

There's surely no way Nige is gullible enough to suspend the court cases after all we've been through until we have an assured decent offer, I guess we'll find something out in a max of 10 days

I tend to agree with you, and Wombat.

I just hope to high heaven we're not waiting for an announcement after June 1st. Management don't have the best reputation for timely updates.
Fingers crossed big time there's only 10 days max to wait

 

[tonster66]

any ideas on what is going to happen with the chinese?

From yesterday on X




Manono Lithium SAS

@Manonolithium



In anticipation of the actual production,
@Manonolithium
grants a period of 52 days to artisanal miners to release its mining perimeter. From July 1, no access will be tolerated to any foreigner...
@Chris

We all know that manono lithiums current PR covers AVZs Camp Coline and the core library.

Will AVZ or the new owners allow manono lithium to keep the camp? It looks like they have stated where they stand and wont give them
access to it (They are actually foreigners themselves, so disrespectful)

It is going to be real interesting to see what happens here cause this is not the northern section.

any thoughts?

 

[Hudnut]

"From July 1, no access will be tolerated to any foreigner..."

Hopefully that means all Chinese will piss off from the lease, but I don't think that's what they meant.

 

[wombat74]

any ideas on what is going to happen with the chinese?

From yesterday on X

Manono Lithium SAS
@Manonolithium



In anticipation of the actual production,
@Manonolithium
grants a period of 52 days to artisanal miners to release its mining perimeter. From July 1, no access will be tolerated to any foreigner...
@Chris

We all know that manono lithiums current PR covers AVZs Camp Coline and the core library.

Will AVZ or the new owners allow manono lithium to keep the camp? It looks like they have stated where they stand and wont give them
access to it (They are actually foreigners themselves, so disrespectful)

It is going to be real interesting to see what happens here cause this is not the northern section.

any thoughts?

Looks like they are expecting an influx of foreigners to the area ? Won't be AVZ's problem .

 

[Cumquat Cap]

I tend to agree with you, and Wombat.

I just hope to high heaven we're not waiting for an announcement after June 1st. Management don't have the best reputation for timely updates.
Fingers crossed big time there's only 10 days max to wait

I say ley ICSID get underway, will only out a massive fire under America to pay a fair value and get this wrapped up. We need leverage and ICSID can be halted at any time. Bring it on, wait til peace agreement signed and prey for competitive pressure

 

[Bray]

10 pages of banter and bickering caught up on, hope everyone is doing alright xx
View attachment IMG_4645.jpeg

 

[Dave Evans]

any ideas on what is going to happen with the chinese?

From yesterday on X

Manono Lithium SAS
@Manonolithium



In anticipation of the actual production,
@Manonolithium
grants a period of 52 days to artisanal miners to release its mining perimeter. From July 1, no access will be tolerated to any foreigner...
@Chris

We all know that manono lithiums current PR covers AVZs Camp Coline and the core library.

Will AVZ or the new owners allow manono lithium to keep the camp? It looks like they have stated where they stand and wont give them
access to it (They are actually foreigners themselves, so disrespectful)

It is going to be real interesting to see what happens here cause this is not the northern section.

any thoughts?

Don’t know if Zijin (Manono Lithium) has taken over our camp or if they built another one but if you look closely at this photo of their camp taken a few weeks ago it shows barbed wire around the top of their fencing

Makes your blood boil when you compare that photo to the photos in this link

Gallery — AVZ Minerals Limited

Projects Gallery

avzminerals.squarespace.com

 

[wombat74]

I say ley ICSID get underway, will only out a massive fire under America to pay a fair value and get this wrapped up. We need leverage and ICSID can be halted at any time. Bring it on, wait til peace agreement signed and prey for competitive pressure

Where's the competitive pressure coming from ?

 

[Xerof]

Another fucking spam bot
Joined 55 minutes ago, 28 posts
Fuck off j19/himybaggywaggys

 

[Samus]

Another fucking spam bot
Joined 55 minutes ago, 28 posts
Fuck off j19/himybaggywaggys

Another one for the ignore list, funny how they all pop up 3 years into this shitshow and act like everybody's best mate

 

[Doc]

Another fucking spam bot
Joined 55 minutes ago, 28 posts
Fuck off j19/himybaggywaggys

Reminds of that info Jag posted years ago about the types of trolls and their mo.
This one seems to fit the play nice, gain their trust and then subtly subvert the narrative from positives to negatives type

 

[SilentOne]

Trump and the Congo.

BREAKING NEWS: President Hitler (Formerly Known as Donald J. Trump) Nominated for Nobel Peace Prize — Media Demands Immediate Revocation of Peace Itself WASHINGTON, D.C. — In a development so outrageous it caused MSNBC staff to spontaneously combust, President Donald J. Trump… yes, the 47th President, the man the media swore would nuke the planet for fun… has done the unthinkable: he’s brokered peace. Not in Europe. Not in the Middle East. But in the blood-soaked heart of Africa, where the deadliest ongoing war on Earth has quietly claimed over 6 million lives… with zero Netflix specials to show for it. The peace deal, negotiated over several weeks by the Trump administration’s team and signed in principle by Congo and Rwanda, could finally bring an end to three decades of slaughter, rape, displacement, and mineral-fuelled carnage. But because there’s no oil pipeline, no photogenic refugees, and no opportunity to blame white Western men… the media is in full blackout mode.

See the full story

https://x.com/mdtlion/status/1925388141399351712

 

[Jazz]

Don’t know if Zijin (Manono Lithium) has taken over our camp or if they built another one but if you look closely at this photo of their camp taken a few weeks ago it shows barbed wire around the top of their fencing

View attachment 85013

Makes your blood boil when you compare that photo to the photos in this link

Gallery — AVZ Minerals Limited

Projects Gallery

avzminerals.squarespace.com

Zijin don't need our camp.

Our camp is circled on the left. The new works on the right has been done just in the last 12 months! And that's not all of it, there is other significant works outside of this shot. It looks like they are excavating the tailings also, as that white spot in the middle of the shot is recently excavated spoil.

Anyone know where tantalex is at with their plant? or whatever they were doing?

 

[Shire]

Look who is standing next to Elon

https://x.com/behizytweets/status/1925231207458996497?s=46