AVZ Discussion 2022

[Hemicuda]

After days of this going through my head, and as stated in other words previously, all I can say is if the DRC government do not intercede and revoke any share certificate or agreement that Cominiere has given Zijin asap, then to put it simply.... 'we need Zijin in on this'

What?, why? you may ask, we'll it is then time to face reality, there are rogues within the DRC that still have a huge amount of influence from behind closed doors (as is the case in almost every country but I guess at a whole different level in Africa), to the point that they can pull off illegal activity without the leader of the country being able to do a thing (yes yes I know many examples in the West too).

Felix and Co. have had months to clear this up, but have failed to do so thus far, now here we are with Zijin forcing us into arbitration. We all know whatever they have done is 'just not cricket', and I hope the tribunal rules in our favour, buuuut if Zijin win then it's time to drop the ego and get on with the show, full speed ahead.

Reasons I'll be content having Zijin on board IF FELIX AND CO. DONT STEP IN:
-They just proved they are smarter than us at navigating the DRC political landscape, 100% no if's or but's
-They're state backed by none other than China
-They're ruthless, cunning, money worshipping, unemotional and know how to get their way
-They have the cash (huuuuge cash), knowledge, and connections, not just around the world but specifically in the DRC too
-They've built a variety of mines all around the world and again specifically in the DRC months ahead of schedule
-They would of just outwitted AVZ management, the DRC gov and CATH, by paying peanuts for their %
-They will have us expanding to 10/20/30mtpa and the battery hub up and running quicker than we would without them regardless of who else we might pull in to build the mine without them
-If Felix loses the next election, or if there is any political unrest yrs down the track then you can almost bet that we'd wished we had them on board for all of the above reasons

I'm not saying I definitely want Zijin on board, I'd prefer Felix and the tribunal to teach them a lesson and also to reign in the rogues willing to do back door deals, but I am saying if the DRC gov do not intercede and the tribunal rules in their favour, then it is what it is and I will say "well played you sneaky dogs, good to have you on board, let's get on with the show" , because I'm here to make money, not whinge about how little sway a foreign leader has in his own country, or how corrupt that country might be, that's out of shareholders hands beyond contacting the relevant DRC officials and voicing your opinion. Sour grapes or allowing ego to get in the way wont solve anything. If you're beaten in any game then it's best to try and learn something from how you were beaten rather than sitting in the corner in a fetal position. So in answer to 'will I sell?'...'nope' is my answer, because there's plenty of money to be made here either way, and to be totally honest if some holders try to say 'that's not ethical' then I'd remind them that they seemed to have missed the memo on how we got our PE's to begin with.

Some holders may want to bitch slap me right now, but that's ok, I understand your anger, but anger won't reverse any decision the tribunal makes, nor will it make us money.

Will throw my point of view on HC too I guess, screw em all, show me the money!

Well said mate

 

[Samus]

Just had a look after a while away from the Crapper, wow it's really gone to shit over there!

Some seriously stupid people talking out of their arseholes, I mean more so than usual.

It sad how many "None, Not Held"s take pleasure from other's perceived pain.

View attachment 6235

I went there last night to have a bit of a chat with Sector, just not sure why I get modded for saying the appropriate things in the circumstance.

Not game to go there today, got to look after the mental health.

 

[Remark]

I went there last night to have a bit of a chat with Sector, just not sure why I get modded for saying the appropriate things in the circumstance.

View attachment 6247
Not game to go there today, got to look after the mental health.

That guy's the worst. Very chatty at the moment, offending our US guests.

 

[Fletch77]

After days of this going through my head, and as stated in other words previously, all I can say is if the DRC government do not intercede and revoke any share certificate or agreement that Cominiere has given Zijin asap, then to put it simply.... 'we need Zijin in on this'

What?, why? you may ask, we'll it is then time to face reality, there are rogues within the DRC that still have a huge amount of influence from behind closed doors (as is the case in almost every country but I guess at a whole different level in Africa), to the point that they can pull off illegal activity without the leader of the country being able to do a thing (yes yes I know many examples in the West too).

Felix and Co. have had months to clear this up, but have failed to do so thus far, now here we are with Zijin forcing us into arbitration. We all know whatever they have done is 'just not cricket', and I hope the tribunal rules in our favour, buuuut if Zijin win then it's time to drop the ego and get on with the show, full speed ahead.

Reasons I'll be content having Zijin on board IF FELIX AND CO. DONT STEP IN:
-They just proved they are smarter than us at navigating the DRC political landscape, 100% no if's or but's
-They're state backed by none other than China
-They're ruthless, cunning, money worshipping, unemotional and know how to get their way
-They have the cash (huuuuge cash), knowledge, and connections, not just around the world but specifically in the DRC too
-They've built a variety of mines all around the world and again specifically in the DRC months ahead of schedule
-They would of just outwitted AVZ management, the DRC gov and CATH, by paying peanuts for their %
-They will have us expanding to 10/20/30mtpa and the battery hub up and running quicker than we would without them regardless of who else we might pull in to build the mine without them
-If Felix loses the next election, or if there is any political unrest yrs down the track then you can almost bet that we'd wished we had them on board for all of the above reasons

I'm not saying I definitely want Zijin on board, I'd prefer Felix and the tribunal to teach them a lesson and also to reign in the rogues willing to do back door deals, but I am saying if the DRC gov do not intercede and the tribunal rules in their favour, then it is what it is and I will say "well played you sneaky dogs, good to have you on board, let's get on with the show" , because I'm here to make money, not whinge about how little sway a foreign leader has in his own country, or how corrupt that country might be, that's out of shareholders hands beyond contacting the relevant DRC officials and voicing your opinion. Sour grapes or allowing ego to get in the way wont solve anything. If you're beaten in any game then it's best to try and learn something from how you were beaten rather than sitting in the corner in a fetal position. So in answer to 'will I sell?'...'nope' is my answer, because there's plenty of money to be made here either way, and to be totally honest if some holders try to say 'that's not ethical' then I'd remind them that they seemed to have missed the memo on how we got our PE's to begin with.

Some holders may want to bitch slap me right now, but that's ok, I understand your anger, but anger won't reverse any decision the tribunal makes, nor will it make us money.

Will throw my point of view on HC too I guess, screw em all, show me the money!

I agree with a lot of that, but wouldn’t say Zijin is smarter..

I would just say no they have no respect or morals and don’t give a fuck about anything or anyone except the bottom line.

AVZ are smart enough to give bags of cash to get their way also, unfortunately we have found out doing things the right way with good intentions doesn’t work when dealing with the Chinese.

I will repeat again, I’m hoping for a left field plan B,C,D,or E offer to surface from Europe, US or LG (Korea) and piss CATH and the rest of the Chinese off completely.

As Daryl Kerrigan said.. “Tell e’m to get stuffed”

As has been mentioned several times before, If we are still in bed with the Chinese when this is sorted out, it will have done massive damage to AVZ credibility going forward, and will show in the SP until production is cranking IMO

 

[Winenut]

mmmm...... @Remark

I just had a couple of juicy glasses of a classy McLaren Vale red blend

I've got Mexican on the stove with condiments to prepare for basically the "house of the never well"

Bloody PCR tests for the very crook daughter, non threatening hopefully but pain in the arse biopsy for the wife etc etc etc

Both asleep currently on the couch

mmmm.....

Might get them sorted and pour myself a few more.....

Who knows what might happen over on the crapper later!!!!

 

[Remark]

mmmm...... @Remark

I just had a couple of juicy glasses of a classy McLaren Vale red blend

I've got Mexican on the stove with condiments to prepare for basically the "house of the never well"

Bloody PCR tests for the very crook daughter, non threatening hopefully but pain in the arse biopsy for the wife etc etc etc

Both asleep currently on the couch

mmmm.....

Might get them sorted and pour myself a few more.....

Who knows what might happen over on the crapper later!!!!

I hope they both heal quickly.

I'll keep an eye out for the post wine trolling.

Keep an eye on the Yank, he can be a real trouble maker apparently

 

[Fletch77]

mmmm......

I just had a couple of juicy glasses of a classy McLaren Vale red blend

I've got Mexican on the stove with condiments to prepare for basically the "house of the never well"

Bloody PCR tests for the very crook daughter, non threatening hopefully but pain in the arse biopsy for the wife etc etc etc

Both asleep currently on the couch

mmmm.....

Might get them sorted and pour myself a few more.....

Who knows what might happen over on the crapper later!!!!

After the onslaught we have put up with on the HC threads from absolute fuckwits who like to see people suffer.. (And don’t realise if AVZ aren’t mining Manono and the Chinese do it it will affect their cute little lithium deposits even worse).

Maybe just for fun we should have a few Friday night drinks and go hard those wankers in a booze fuelled cordinated attack just for laughs

 

[Remark]

After the onslaught we have put up with on the HC threads from absolute fuckwits who like to see people suffer.. (And don’t realise if AVZ aren’t mining Manono and the Chinese do it it will affect their cute little lithium deposits even worse).

Maybe just for fun we should have a few Friday night drinks and go hard those wankers in a booze fuelled cordinated attack just for laughs

That sounds like a good plan

 

[Sammy_da_Smile]

Should we muster the troops and empty our piggie banks to raise the 240M ourselves?

 

[Winenut]

After the onslaught we have put up with on the HC threads from absolute fuckwits who like to see people suffer.. (And don’t realise if AVZ aren’t mining Manono and the Chinese do it it will affect their cute little lithium deposits even worse).

Maybe just for fun we should have a few Friday night drinks and go hard those wankers in a booze fuelled cordinated attack just for laughs

That sounds like a good plan

OMG.....get the horses!!!!!!

The posse is saddling up!

 

[Winenut]

Should we muster the troops and empty our piggie banks to raise the 240M ourselves?

You know that's interesting

I actually thought if the CATH deal falls over why not cap raise calling on existing shareholders to raise funds and have the opportunity for further equity

Of course those who participate and get further equity might not be ...ummmm......exactly "who we might want" but all sorts of strategies were going through my mind given the current situation

mmm....

 

[Tunedin]

Good to see everyone’s keeping it together, loving the posts today. Now I would share my age too if I could only remember. Stoped counting some time ago. Basically I’m an old koala who climbed one tree to many.

 

[BRICK]

That guy's the worst. Very chatty at the moment, offending our US guests.

 

[BEISHA]

Joe Biden visited DRC recently didnt he ?

A US participant would be the ULTIMATE FU to CHINA GOVT!!

Fyi, fwiw,

DRC investment climate has improved under Felix Tshisekedi’s administration, US report says​

From openness to foreign direct investment to the fight against corruption, including the return of the DRC to AGOA, the implementation of reforms to improve the judicial system, transparency in the management of public finances, the facilitation business through the Single Window for Business Creation, the raising of the country’s sovereign rating, are all assets taken into account by an American report on investments in the DRC and which make the administration of Félix Tshisekedi in his efforts to improve the business climate.

At a time when all the countries of the world are competing in initiatives to attract and retain private investment that will help sustain growth, create jobs and promote inclusive development, the Democratic Republic of Congo has also been working, since election of Félix Tshisekedi in January 2019, to create an environment conducive to doing business by adopting regulations that help entrepreneurs start businesses, hire and grow their businesses.

A process notably taken up as one of the pillars of the Action Program of the President of the Republic, as well as that of the Government, and whose objective is to promote the emergence of the private sector and to impose the country as a investment destination of choice in Africa.

This bet is particularly appreciated by the Americans who, in a report on investments in the DRC, note certain efforts in improving the business climate.

Since the election of Félix Tshisekedi, the Democratic Republic of Congo has not only emerged from political isolation but also the country has taken a big step in facilitating foreign investment on its soil.

As proof, the American giant Pepsi is in the process of establishing itself during this month of April 2022 in the pilot economic zone of Maluku, on the outskirts of Kinshasa.

The DRC becomes more attractive

After a careful analysis of the business climate indicators in the DRC, Americans note in the report the openness to foreign direct investment (FDI), particularly from the United States of America.

It is precisely in this perspective that the Head of State Félix Tshisekedi created a Unit dealing with the Business Climate within the Presidency of the Republic, the highest institution in the country to monitor the improvement of the economic environment and business climate, and interface with the business community.

This American report also justifies this improvement in the business climate by raising the sovereign credit rating of the DRC with the rating agencies.

In July 2020, the Standard & Poor’s rating agency downgraded the DRC’s outlook from “positive” to “stable” due to the likely impacts of the pandemic.

Early on, the DRC showed resilience in 2020, as the global recession did not devastate its commodity-dependent economy as deeply as many economists had expected.

Thus, while the World Bank predicted a recession in the Congolese economy with a negative growth of our GDP of 3.5% (for the first time since 2001), the Congolese economy thwarted this prognosis by posting a growth of its GDP around 0.8% in 2020 due to the “dynamism of extractive activity”.

In view of these improvements, Standards & Poor’s Global Ratings raised the sovereign credit rating of the DRC from “CCC+/C” to “B-/B” in January 2022, thus allowing the DRC to join the club of African countries rated ” B-” by the Agency, including Nigeria and Cameroon.

Fight against corruption

The other positive point of the attractiveness of investments in the DRC is the fight against corruption and money laundering in which Kinshasa is committed.

Moreover, Kinshasa and Washington are linked by a partnership relating to the promotion of democracy, human rights and the fight against corruption.

This report fully appreciates the efforts of current leaders to prosecute managers of institutions implicated in corruption and others.

*Better, Félix Tshisekedi has created an entire anti-corruption agency to improve the DRC’s reputation for corruption, thus improving the DRC’s sore on the corruption perception index in 2021: 169th out of 180.

In view of these advances, the United States is very involved in supporting efforts for change in the DRC.

They continue to engage in discussions on the importance of the fight against corruption, the fight against money laundering, and also on how to promote competition and attract American investors.

It should be noted that ANAPI (Agency for the Promotion of Investments), in its roadmap, has four strategic orientations, namely: (i) simplification, dematerialization and strengthening of the transparency of administrative procedures; (ii) simplification of taxation and promotion of access to credit; (iii) modernization of commercial justice and improvement of the resolution of commercial disputes; and (iv) improvement of consultation, communication and reform monitoring.

These reforms are all part of a systemic and sustainable perspective; that of the elimination of all obstacles to good business practice for any economic operator, synonymous with economic profitability for the private sector, improvement in the level of employment, increased tax revenue and increased income .

These are all essential elements to increase the attractiveness and improve the competitiveness of the Congolese economy.

Copperbelt Katanga Mining - African Copperbelt's Top Mining News

African Copperbelt's Top Mining News

copperbeltkatangamining.com

According to the IMF: the advancement of structural reforms remains essential to promote inclusive growth and social inclusion

During the Troika meeting chaired Tuesday, May 10 by the Minister of Finance, Nicolas Kazadi in the presence of a IMF delegation, the two parties exchanged on the reforms at the Central Bank of Congo (BCC) to improve backups; Strengthen the framework of monetary policy by increasing international reserves and improving banking supervision, while supporting financial inclusion.

According to the IMF, the progress of structural reforms remains essential to promote inclusive growth and social inclusion.

To support economic activity, it will be necessary to meet the important infrastructure needs, with strict hierarchy and a timely implementation of investment projects conducive to growth.

In addition, the simplification of the tax system and the improvement of the business climate and governance remain essential to support economic diversification, mobilize investments and promote growth driven by the private sector, especially since the global energy transition offers opportunities , especially in the mobilization of climate funding.

www.mediacongo.net


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Jin Cheng has no legal claim to the 15%

AVZ DO!!!!

And if Cominiere has had its palms greased and sold it illegally, then they are screwed too.

Arbitration Seems to have been instigated by Jin Cheng, so they may feel they have a case....but I don't think their shifty ways will fly in Paris.

I don't think the French are too sympathetic to the Chinese at the moment!!!

GT3loui​

View attachment 6229

Ditto, I concur GT3

Food for thought on the Road to Paris

Frank

Thats absolutely LITHIUM GOLD my friend, thats where i read it, of course it was you, where else ?

Appreciate the confirmation.

 

[BRICK]

OMG.....get the horses!!!!!!

The posse is saddling up!

I wonder how much traffic it would take to crash HC

 

[Flexi]

I still don't get it.

If the 4.5 mt pa mine construction costs $545 approx as per DFS and as per media reports African banks are providing this ...Why than do we need CATH?
There must be more to it than what we currently know.

 

[Xerof]

I still don't get it.

If the 4.5 mt pa mine construction costs $545 approx as per DFS and as per media reports African banks are providing this ...Why than do we need CATH?
There must be more to it than what we currently know.

Going straight to 10mt pa aren't they?

 

[BEISHA]

I'm 67, but I feel like a 27 year old........is there one available?

Your avatar makes you look like a drugged up 20 something......

The old adage, dont judge a book by its cover......

67 , wow, and one of the sharpest tools we have in the shed too.

And one of the oldest

Love your work ole timer

lol

 

[Sammy_da_Smile]

I still don't get it.

If the 4.5 mt pa mine construction costs $545 approx as per DFS and as per media reports African banks are providing this ...Why than do we need CATH?
There must be more to it than what we currently know.

I did ponder this and think it was more of a general statement of investment towards the 545 manono lithium and tin mine.

But who knows really we don't even know how the 10mpta studies are going? I'd assume we'd need a dfs 2.0 before we even look at 10mpta? Environmental studies, power, plant etc etc?

 

[Flexi]

X
They haven't officially announced anything to that effect as yet.