AVZ Discussion 2022
- Thread starter GazDix
- Start date
Carlos Danger
Top 20
Every single person I've ever spoken to that works at Bell has been a fucking moron
Zero exceptions
This is a bigger sell signal than if Cramer was recommending PLS imo
Dave Evans
Regular
I think all those institutions are sus Carlos. UBS in my view is one of the worst and I wasn’t surprised when the articles came out about money from the DRC being laundered through their banks.
As far as lithium sentiment goes, the latest news from Benchmark Minerals shows EV uptake in Europe, Asia and Australia has increased by big percentages with the US being the one country where it’s lagging.
I think people keep forgetting just how desperate the US is to get battery minerals out of the DRC. The US has committed billions to infrastructure along the Lobito Corridor and it was alluded to many times that Roche Dure was the crown jewel of battery minerals that would be transported along that route.
My own view is do your own research and never trust any of those financial and broking institutions, I lost count of the number of times I watched them manipulate stocks and I still see it going on.
In the meantime, it’s good to see we’ve secured further funding for DLA Piper, ICC and ICSID moving forward.
Do we know what specific assets of AVZ or its subsidiaries are currently pledged as collateral?
What else do AVZ has to put up as collateral?
And Goldman Sachs are the worst of the worst for bare-faced self-interested manipulation.
And I tend to agree with Mr Dave that they are all manipulative pricks who would rip off their own grandmothers.
Last edited:
21,000 bottles of now vintage Champagne on ice?
Penskefile
Regular
Didn’t think AVZ had any assets other than what DRC and Zijin Cunts have stolen
Penskefile
Regular
And the Easter eggs
We own a crane truck that was left on site and has probably been used by Zijin in there illegal construction activities. Then there's our workers camp and core library. Not sure what else we own.
The only thing we could realistically put up as security is more of our interest in Manono.
Probably why the team seemed so keen to find another way to get funding. But that didn't seem to eventuate.
Fingers crossed all works out and that CATH isn't playing a 3D chess game!
I figure you're probably right, hence the complete lack of any detail on the subject. Undoubtedly all these bastards are in bed together trying to fuck us from all possible angles. We're going to look like Swiss cheese when this is over.
Winenut
GO AVZ!!!!
Better hope we get a sale and there's $20m to pay back CATH
Would hate to lose more of an interest in the asset/project to CATH for fuck all $
Bring on a fair value and a sale agreement......and really fucking quickly please
If it’s so good what are you doing here, sell your house, missus and kids and put it all on the stocks.
Penskefile
Regular
Sounds legit
Rediah
Regular
Link: https://www.ecofinagency.com/news/1...-s-cath-backs-australia-s-avz-despite-dispute
AVZ Minerals said on Jan. 15 it had received the full amount promised last year by its partner Suzhou CATH Energy Technologies. The Chinese company provided a $20 million funding facility to the Australian group, which says it holds the rights to develop the Manono lithium project in the Democratic Republic of Congo. The payment signals CATH’s continued support for AVZ despite growing uncertainty over the project’s future.
A deal signed in January 2025 gives CATH several rights if AVZ ultimately succeeds in securing its claim to Manono. These include the option to take 100% of lithium output for five years, or until the expenses facilitated by CATH are repaid. CATH would also be able to acquire an indirect 30.5% stake in the project.
Rival suitors
Manono is the largest lithium deposit discovered so far in the DRC. AVZ carried out exploration work there for several years under a joint venture with the Congolese state-owned miner Cominiere. Cominiere later ended the partnership and in 2023 teamed up with China’s Zijin Mining to develop the same project. AVZ has launched several cases in international courts to challenge the changes in ownership, but no final ruling has been made.
In this uncertain context, another player emerged a few months ago: KoBold Metals. As ties improved between Kinshasa and Washington and the United States pushed for new investments in the Congolese mining sector, the California-based startup expressed interest in Manono.
In May 2025, KoBold and AVZ announced a framework agreement aimed at moving the project forward. Under the terms outlined, AVZ would receive compensation in exchange for dropping its claims to the deposit. However, talks to finalize the deal failed. Consequently, AVZ, which had temporarily suspended its legal challenges during the negotiations, has since resumed its court proceedings.
KoBold has since maintained its interest in Congolese lithium, signing another framework agreement, this time with the Congolese government, on developing Manono. While Kinshasa and the U.S. company have not detailed their plans for the deposit, AVZ responded by saying it would continue to defend its interests while remaining open to dialogue.
Uncertainty persists
Developments over the past year have done little to clarify the future of Manono or which companies will ultimately be able to develop the deposit. Zijin has said production could start in 2026, but has provided few updates since then on the progress of mine construction.
AVZ has also come under scrutiny in Australia. In November 2025, the Australian Securities and Investments Commission (ASIC)—the country's stock market regulator—launched legal proceedings against the company, accusing it of failing to properly inform investors about problems encountered in the DRC.
The Congolese government has also provided few details on how it plans to turn Manono into the country’s first lithium mine. In December 2025, authorities signed an agreement with Washington to share with U.S. investors a list of mining projects that could be developed with American capital.
Mines Minister Louis Watum said the list would be sent to U.S. authorities this week, without saying whether Manono would be included. That appears unlikely, as the agreement with Washington states that no project should be added if it would conflict with international legal obligations. The coming months could prove decisive in resolving the disputes holding back Manono’s development. AVZ’s recent statements suggest any outcome may not involve its return to the project, as it says it is seeking “a commercial solution for shareholders.”
Emiliano Tossou
What an absolute moron - thought he could hide under some rock and avoid scrutiny - may he reap what he sows.
Link: https://x.com/lsiafrica/status/2012156482947629309?s=20
Link: https://x.com/lsiafrica/status/2012156482947629309?s=20
Attachments
Similar threads
