AVZ Discussion 2022

Xerof

Flaming 1967
Just hope that one of those Chinese companies that already sits in AVZ's top 20 doesn't buy all $240 million worth of new shares and increase their influence over AVZ right!

Edit - I know I know.....not how capital raises work, but 600 shell companies later and shady intent and who knows what could happen :LOL:
CATH is buying 24% of the project via DATHCOM, not buying AVZ shares, as FIRB would tell them to piss off again. AVZ have total control over whether or not they will let this parcel go, to CATH or anyone else. Thankfully, that is something they CAN control, at the moment
 
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Xerof

Flaming 1967
AVZ made following ASX announcement on 01/06/2022:

Extension of End Date to the Transaction Implementation Agreement

AVZ Minerals Limited (ASX: AVZ, OTCQX: AZZVF) (“AVZ” or “Company”) refers to the Transaction Implementation Agreement (“TIA”) with Suzhou CATH Energy Technologies (“CATH”) as detailed in the Company’s ASX Announcements dated 27 September 2021 “Cornerstone investor secured for development of Manono Lithium and Tin Project” and 16 February 2022 “Expedited completion of US$240M cornerstone investment with CATH”.
The Company confirms that the parties to the TIA have agreed to amend the end date to 31 July 2022 to provide for completion of closure formalities.
The parties are committed to close the TIA as early as practically possible to progress the development of the Manono Lithium and Tin Project.
This announcement was authorised for release by Nigel Ferguson, Managing Director of AVZ Minerals Limited.

In other words, regardless of what has been written, the 24% of Dathcom has not been transferred to anybody and AVZ is still the majority holder as of today.

Which effectively means that the article that Cominiere could sell 15% of Dathcomn to Zijin, because AVZ is not the majority holder of Dathcom, regardless of the shimozzle about the Dathomir 15%, is simply put a lot of cock.

AVZ still has the option to tell CATH and friends to take a hike. Capital raise the $240 million and develop Manono without CATH.
Your last line: I genuinely hope they are assessing that as an option - raise AUD 500 mill, borrow the other 500, and go it alone. I saw an article today that G7 are to put 600 billion into infrastructure in low and middle income countries, with emphasis on battery infrastructure. I know a good site for that
 
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cruiser51

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The Rise and Precarious Reign of China’s Battery King​

Zeng Yuqun is China’s most prolific battery billionaire. His ascent has major implications for a world increasingly reliant on electric vehicles.

China's Electric Dream​

Western automakers built their fortunes on the internal combustion engine. Now China has ambitions to define the electric vehicle age.

THE HEADQUARTERS OF battery giant CATL tower over the coastal Chinese city of Ningde. To the untrained eye, the building resembles a huge slide rising out of the urban sprawl. It is, in fact, a giant monument to the company’s raison d'être: the lithium-ion battery pack.

You may have never heard of CATL, but you’ve definitely heard of the brands that rely on its batteries. The company supplies more than 30 percent of the world’s EV batteries and counts Tesla, Kia and BMW amongst its clients. Its founder and chairman, 54-year-old Zeng Yuqun, also known as Robin Zeng, has rapidly emerged as the industry’s kingmaker. Insiders describe Zeng as savvy, direct, and even abrasive. Under his leadership, CATL’s valuation has ballooned to 1.2 trillion Chinese yuan ($179 billion), more than General Motors and Ford combined. Part of that fortune is built on owning stakes in mining projects in China, the Democratic Republic of Congo, and Indonesia, giving CATL a tighter grip on an already strained global battery supply chain.

Such scale gives CATL huge influence—and allows the company to be picky with its contracts and push the rising prices of raw materials onto its clients. “They're pretty much dictating the terms,” says Mark Greeven, professor of innovation and strategy at IMD Business School in Lausanne, Switzerland. CATL pushes clients for long-term, five-year deals. and it’s reluctant to customize its batteries for different carmakers, he adds.


So far, these decisions have helped make Zeng rich—very rich. He ranks 29th on Forbes’ 2022 list of the world’s wealthiest people. On Bloomberg’s 2021 list of the world’s top green billionaires, he is second only to Tesla CEO Elon Musk. Musk might make more headlines, but Zeng holds almost as much power.

But Zeng is not Musk. He dodges the limelight and rarely gives interviews. Insiders point out that Zeng is operating in an environment where notoriety could hinder, not help, his business. “In the West, the personality-cult style of leadership is something that’s valued, encouraged, and celebrated. In China, it's dangerous,” says Bill Russo, former head of carmaker Chrysler’s northeast Asia business in Beijing who now runs the Shanghai-based advisory firm Automobility. “You can't be bigger than Beijing.” Carmakers are also becoming wary of how much power CATL has as they search elsewhere for batteries to power their vehicles.


ZENG’S ARRIVAL ON the EV battery scene can be traced back to 2010—and a meeting with Herbert Diess, who was purchasing manager for BMW at the time. Diess, who is now CEO of Volkswagen, had embarked on an international mission to persuade companies making mobile phone batteries to pivot to electric cars. He tried European companies, including Germany’s Bosch. But he also approached Zeng, who at the time was running a subsidiary of the Japanese electronics company TDK. Retelling the story in an internal meeting in May 2022, Diess described Zeng’s initial reaction as dismissive—it was, Zeng said, impossible for him to build such big batteries.


But, so the story goes, Diess’ plea for batteries stuck. In 2011, Zeng led a group of Chinese investors to acquire a 85 percent stake in TDK’s EV battery business, which they called CATL. BMW was its first key account. “Diess brought our company into the car battery business,” Zeng told Handelsblatt in 2020. “I am grateful to him for that.”


Diess might have inspired CATL to enter the EV market, but over the years Zeng earned a reputation as a founder who could master batteries as well as business. When he bought a US patent for mobile phone batteries in the early 2000s, he worked to improve the battery design himself, according to Lei Xing, former editor of Beijing-based media outlet China Auto Review. When BMW agreed to use CATL as its battery supplier, it was Zeng who read the 800 pages of requirements line by line, according to Yunfei Feng, a research associate at IMD Business School.

The attention Zeng paid to the technical details was crucial. When CATL started making car batteries, another Chinese company, BYD, was considered the market leader. But, as it grew, CATL made its technical supremacy pay. At the time, BYD used lithium iron phosphate batteries, while CATL used a combination of nickel, manganese, and cobalt, or NMC. “NMC had longer ranges,” says Xing. And when China rolled out EV subsidies in 2015, batteries with longer ranges received more support. “This benefited CATL tremendously,” Xing adds.

Subsidies were a crucial part of CATL’s success, and many analysts point to Beijing’s Made in China 2025 plan as key to the company’s evolution. The policy was designed to boost strategic high-tech sectors, including EVs. Between 2009 and 2021, around 100 billion yuan ($14.8 billion) in subsidies were handed to car buyers, according to an estimate by China Merchants Bank International. As a result, Chinese consumers received tax breaks for choosing EVs over combustion engines, but only if those EVs included batteries made with Chinese cells. That drove demand for CATL batteries not just among Chinese EV makers but also among international firms trying to tap into the lucrative Chinese market.

Buoyed by the subsidy, Zeng worked to raise money so the company could invest in its supply chain and pour cash into research and development. Between 2015 and 2017, CATL raised over $2 billion in equity financing before going public in June 2018, according to Kevin Shang, research analyst at Wood Mackenzie’s global energy storage team. “They were able to invest in the whole supply chain, from mining to materials manufacturing to the battery cells making and even to recycling.”

And as CATL grows, the company is expanding beyond China. Its first plant outside its home country is expected to open in the central German state of Thuringia later this year. In anticipation, Zeng has made himself accessible to the German car industry. “If you write him an email, he will answer very fast,” says Ferdinand Dudenhöffer, director of Germany’s Center for Automotive Research, a research institute that produces reports for the country’s carmakers. Dudenhöffer met Zeng at the Frankfurt Auto Show three years ago, where the CATL founder complained to him about the lack of government subsidies his firm was receiving in Germany. CATL decided to set up in Germany before EU subsidies for battery manufacturers had been finalized, meaning the company couldn’t apply for support, says Dudenhöffer. “He very quickly picked up on the problems.”

Germany, which produces more cars than any other European country, was quick to realize the importance of collaborating with Chinese firms, says Dudenhöffer. “The industry knows China is very important,” he says. “If you don't stay in contact, do business and joint research with Chinese companies, you will not be in a leading position.” But elsewhere, the automotive industry is growing wary of CATL’s influence.

The global shortage of semiconductors has made car firms hyper-aware of supply chain bottlenecks. That’s pushing them to strike deals with CATL’s competitors or to try to build out their own battery plants—a trend that is worrying Zeng’s investors. CATL’s stock dropped 7 percent after competitor BYD said it would supply batteries to Tesla “very soon.” General Motors, another CATL client, is planning a new US battery plant in partnership with South Korea's LG Energy Solution. Toyota is planning to open its own battery plantin North Carolina, and Ford is building twin battery plants in Kentucky.

“The policy of the automotive industry for a long time has been that they never single-source, because that gives too much power in the relationship to the supplier,” Russo says. “What does that mean for the likes of CATL? It means you’re going to have more competition.” CATL’s take-it-or-leave-it attitude is also pushing carmakers to consider working with smaller companies, who might have less experience but are more willing to customize their products, Greeven adds.


But weaning the industry off its reliance on CATL won’t be easy. Carmakers will find it difficult to manufacture high-quality batteries at a low enough cost, especially without CATL’s scale and expertise, says Shang.

Squeezed by an industry concerned by its position of power, CATL has doubled the number of its R&D employees between 2020 and 2021 to more than 10,000 people. It has also been securing new lithium supplies, spending $130 million in April on a mine in southern China. At the same time, the company has created new products to address existing industry problems, announcing plans in July 2021 to start producing sodium-ion batteries. Such breakthroughs could be crucial—sodium is the sixth-most-common element on earth, and batteries that use it would ease the car industry’s reliance on lithium, which could face major shortages as early as this year.

But it might not be the global car industry that ends Zeng’s rise—but China itself. His ascent coincides with an uneasy time for Chinese billionaires, with last year’s tech crackdown wiping billions off some of the country’s most profitable companies. The Chinese government had accused the technology industry of fueling wider inequality in the country, and Alibaba cofounder Jack Ma became the face of the crackdown. The billionaire, who had his own TV show called Africa’s Business Heroes and starred in his own action movie, fell from grace after giving a speech that criticized Chinese regulators for stifling innovation. Alibaba’s IPO was swiftly canceled and it received a record $2.8 billion antitrust fine. Around $10 billion has been wiped off Ma’s wealth since this time last year, according to Bloomberg’s billionaire index, as his fortune tracks Alibaba’s slide in value since the crackdown.

The move against Ma can be partly attributed to China’s “common prosperity” drive—an effort to reduce the gap between rich and poor—which president Xi Jinping has described as one of the country’s most important goals over the next 15 years. Although the pressure on tech has eased since last year, the push for common prosperity has continued. In June, banks in China were told to rein in executive pay. Ma’s downfall points to how the Chinese Community Party’s pursuit of “common prosperity” could affect Chinese billionaires, who also represent an alternative power base to Beijing.

As the most successful of China's growing cadre of EV billionaires, that puts Zeng at risk of becoming a target. “Zeng is richer than Jack Ma, but he is definitely not as noisy,” says Greeven. Despite that, CATL has already faced a soft rebuke for its behavior. In November 2021, the Shenzhen Stock Exchange raised concerns about CATL financing “excessively.” A crackdown on the electric vehicle and battery industries in China could have a profound impact on an industry the whole world is relying on for the green transition. China produced 44 percent of the world's EVs in the last decade and around 80 percent of the world’s lithium-ion batteries. In the short term, that share is projected to rise.
 
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Your last line: I genuinely hope they are assessing that as an option - raise AUD 500 mill, borrow the other 500, and go it alone. I saw an article today that G7 are to put 600 billion into infrastructure in low and middle income countries, with emphasis on battery infrastructure. I know a good site for that
Not that $20mil is all that much considering what is at stake, but you and Cruiser should remember that whoever breaks the TIA has to pay a break fee of $20mil. Personally I would be looking elsewhere to another battery manufacturer (or trying to amend the terms to 19%, AVZ keeping an extra 5%) but CAT is the world’s biggest battery manufacturer, I imagine the DRC is looking to them to build the facility near Manono, and I also imagine that CAT doesn’t even want to build it there as they have already spent billions building battery manufacturing plants in Yibin and elsewhere in China. I also wouldn’t be surprised if CATH are happy to just pay as little as they can for the offtake, partly meaning that they would be happy not building a battery manufacturing plant in the DRC and just expect AVZ to pay all freight, insurance and other costs to get the products to China. I don’t know how many here consider all the possibilities involved (these are just a few I consider) but I have close to 3 million shares in AVZ so I try to imagine what possibilities might affect my investment. Maybe this is a little too much information, but fuck it, I can tell you from my conversations with Nigel in Sydney, I have invested more of my own money in AVZ than he had. I’m not dirty on him having all his shares, he’s done all the work, but I do wish other investors would put more effort into researching the facts and possibilities and offer strategies that help Nigel and us all as shareholders
 
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cruiser51

Top 20
continuation of CATL story:

Concerns have been raised that Beijing would rather replace CATL and other battery giants with a network of small and medium-size businesses. But experts are divided on how much risk CATL is facing. “What Jack Ma does versus what Robin Zeng does, it's completely different,” says Xing. But Russo believes CATL’s risk depends on whether Zeng can continue to balance his government relationships with his public persona.

CATL may have been crucial in helping China develop its EV supremacy, but the recent tech crackdown provides a warning that Beijing can abruptly reorganize its industries if they start to clash with wider political ambitions. There are already hints of how that might play out. In 2015, businesses controlled by a state-owned aerospace company and a district government cofounded CALB, a state-operated firm which also specializes in lithium-ion battery production. Such a move could pit CATL against the Chinese state itself.

The two firms have already clashed, with CATL accusing CALB of patent infringement and seeking damages of 518 million yuan ($77.4 million). And the legal dispute is intensifying just as CALB prepares to list on the Hong Kong Stock Exchange later this year. In its IPO prospectus, CALB describes itself as China’s second-largest EV battery company and seventh in the world. But with a state-owned company now vying for control of China’s battery production industry, it’s no sure thing that will remain the case. “Too much dominance is a bottleneck,” says Russo. “And that’s something that neither industry nor government would want.”
 
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Bin59

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Not that $20mil is all that much considering what is at stake, but you and Cruiser should remember that whoever breaks the TIA has to pay a break fee of $20mil. Personally I would be looking elsewhere to another battery manufacturer (or trying to amend the terms to 19%, AVZ keeping an extra 5%) but CAT is the world’s biggest battery manufacturer, I imagine the DRC is looking to them to build the facility near Manono, and I also imagine that CAT doesn’t even want to build it there as they have already spent billions building battery manufacturing plants in Yibin and elsewhere in China. I also wouldn’t be surprised if CATH are happy to just pay as little as they can for the offtake, partly meaning that they would be happy not building a battery manufacturing plant in the DRC and just expect AVZ to pay all freight, insurance and other costs to get the products to China. I don’t know how many here consider all the possibilities involved (these are just a few I consider) but I have close to 3 million shares in AVZ so I try to imagine what possibilities might affect my investment. Maybe this is a little too much information, but fuck it, I can tell you from my conversations with Nigel in Sydney, I have invested more of my own money in AVZ than he had. I’m not dirty on him having all his shares, he’s done all the work, but I do wish other investors would put more effort into researching the facts and possibilities and offer strategies that help Nigel and us all as shareholders
“I do wish other investors would put more effort into researching the facts and possibilities and offer strategies that help Nigel and us all as shareholders”

Hi MoneyBags, I appreciate your comments but without being privy to all the facts & information wouldn’t it be almost impossible for shareholders to try to work out strategies for the company, especially when out of necessity they’re holding their cards so close to their chest. I’m sure they / the board & legal team have varying strategies on the table for the different possible scenarios.
For what it’s worth, when I saw the 13359 tenement appearing as two parcels I did wonder if the the CL project (on the split tenement) might be progressed at the same time, by bringing on another “actor” in to ensure both projects are advanced in a timely manner.
 
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Xerof

Flaming 1967
13359 does not appear as 2 parcels. It has been clipped back to cover RD and the bit of CL that has had the drill into it. The other piece remains to this day unallocated, without a tenement number. BUT, I keep referring people to what AVZ have said

An area which was excluded under the Ministerial Decree to award the Mining Licence, will be renewed under a 5-year Exploration Licence to Dathcom, with discussions regarding the terms of the ongoing joint venture under discussion with the DRC Government
 
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Bin59

Regular
Gotcha! Thanks Xerof.

will be renewed under a 5-year Exploration Licence to Dathcom. 😁👌
 
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wombat74

Top 20
13359 does not appear as 2 parcels. It has been clipped back to cover RD and the bit of CL that has had the drill into it. The other piece remains to this day unallocated, without a tenement number. BUT, I keep referring people to what AVZ have said

An area which was excluded under the Ministerial Decree to award the Mining Licence, will be renewed under a 5-year Exploration Licence to Dathcom, with discussions regarding the terms of the ongoing joint venture under discussion with the DRC Government
Out of curiosity do we have any idea what that bit of CL we do have our hands on could be worth if by some chance we don't get the rest of it ?
 
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Xerof

Flaming 1967
Out of curiosity do we have any idea what that bit of CL we do have our hands on could be worth if by some chance we don't get the rest of it ?
Not sure what it's worth but we have pretty much all of it

http://research.iress.com.au/IDS/ol...3052000013C4C964D7D8E540093D250091850000&ppv=

If you look at the illustration of section 22300, there's a bit more to the left, but the bulk is to the right, which is what's included in the ML area I believe (drill hole 4). So, if they say CL is bigger than RD, then we've got YUUUGE

See you at $2, raise you to $4
 
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Samus

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Can't be said enough that it would be very fucking nice to have some clarity around something. Even something as little as why exactly we're in suspension.
And if anybody tells me it's because of: 'The voluntary suspension is requested in connection with the finalisation and release of an announcement in relation to its mining and exploration rights for the Manono Lithium and Tin Project.'
Well I'm liable to wring their neck at this point, got that management? 😫
Suspect another months sufferance though tbh. 🙄
And we can all repeat the same speculation we forgot we said last month (again) and digest a few more bs articles (again). 😑
Maybe I'll take up yoga. 🤔
 
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“I do wish other investors would put more effort into researching the facts and possibilities and offer strategies that help Nigel and us all as shareholders”

Hi MoneyBags, I appreciate your comments but without being privy to all the facts & information wouldn’t it be almost impossible for shareholders to try to work out strategies for the company, especially when out of necessity they’re holding their cards so close to their chest. I’m sure they / the board & legal team have varying strategies on the table for the different possible scenarios.
For what it’s worth, when I saw the 13359 tenement appearing as two parcels I did wonder if the the CL project (on the split tenement) might be progressed at the same time, by bringing on another “actor” in to ensure both projects are advanced in a timely manner.
I agree with you Bin, but focusing discussions around specific areas (like ownership) has allowed you, Obe and Xerof (to name a few) to provide specific, valuable and targeted information that gives us a better understanding of one area management is dealing with, which I find useful and essential, and I would rather be posing these types of questions to management than less relevant ones, even though I know they aren’t going to let me know what they are up to 👍 PS I appreciate your replies to my comments!
 
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cruiser51

Top 20
“I do wish other investors would put more effort into researching the facts and possibilities and offer strategies that help Nigel and us all as shareholders”

Hi MoneyBags, I appreciate your comments but without being privy to all the facts & information wouldn’t it be almost impossible for shareholders to try to work out strategies for the company, especially when out of necessity they’re holding their cards so close to their chest. I’m sure they / the board & legal team have varying strategies on the table for the different possible scenarios.
For what it’s worth, when I saw the 13359 tenement appearing as two parcels I did wonder if the the CL project (on the split tenement) might be progressed at the same time, by bringing on another “actor” in to ensure both projects are advanced in a timely manner.
ASX announcement 4/5/2022, regarding the split tenement (The surface rights only have to be paid over the area covered by the mining license):


• The Ministerial Decree to award the Mining Licence covers the entirety of the Roche Dure JORC Mineral Resource and Reserve (note 2&3) and the Carriere de l’Este exploration target (note 4)

• An area which was excluded under the Ministerial Decree to award the Mining Licence, will be renewed under a 5-year Exploration Licence to Dathcom, with discussions regarding the terms of the ongoing joint venture under discussion with the DRC Government


Notes:
2 Refer to ASX Announcement dated 14 July 2021 “JORC Ore Reserves increase by 41.6% at Roche Dure”

3 Refer to ASX Announcement dated 24 May 2021 “Updated Mineral Resource Estimate Includes Pit Floor “Wedge” Drill Results”

4 Refer to ASX Announcement dated 16 August 2021 “Assays from Carriere de l'Este drilling confirms deposit a likely rival to Roche Dure”
 
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wombat74

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Can't be said enough that it would be very fucking nice to have some clarity around something. Even something as little as why exactly we're in suspension.
And if anybody tells me it's because of: 'The voluntary suspension is requested in connection with the finalisation and release of an announcement in relation to its mining and exploration rights for the Manono Lithium and Tin Project.'
Well I'm liable to wring their neck at this point, got that management? 😫
Suspect another months sufferance though tbh. 🙄
And we can all repeat the same speculation we forgot we said last month (again) and digest a few more bs articles (again). 😑
Maybe I'll take up yoga. 🤔
I'm thinking about taking up archery . It might come in handy .
 
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Xerof

Flaming 1967
Can't be said enough that it would be very fucking nice to have some clarity around something. Even something as little as why exactly we're in suspension.
And if anybody tells me it's because of: 'The voluntary suspension is requested in connection with the finalisation and release of an announcement in relation to its mining and exploration rights for the Manono Lithium and Tin Project.'
Well I'm liable to wring their neck at this point, got that management? 😫
Suspect another months sufferance though tbh. 🙄
And we can all repeat the same speculation we forgot we said last month (again) and digest a few more bs articles (again). 😑
Maybe I'll take up yoga. 🤔
it's because of: 'The voluntary suspension is requested in connection with the finalisation and release of an announcement in relation to its mining and exploration rights for the Manono Lithium and Tin Project.'
 
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Bin59

Regular
Let’s have another look at the drilling results for CDL:

1656478904113.jpeg


 
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Bin59

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What an amazing deposit - reminds us why so many are fighting to get a piece of our projects 🤑
 
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TDITD

Top 20
Not that $20mil is all that much considering what is at stake, but you and Cruiser should remember that whoever breaks the TIA has to pay a break fee of $20mil. Personally I would be looking elsewhere to another battery manufacturer (or trying to amend the terms to 19%, AVZ keeping an extra 5%) but CAT is the world’s biggest battery manufacturer, I imagine the DRC is looking to them to build the facility near Manono, and I also imagine that CAT doesn’t even want to build it there as they have already spent billions building battery manufacturing plants in Yibin and elsewhere in China. I also wouldn’t be surprised if CATH are happy to just pay as little as they can for the offtake, partly meaning that they would be happy not building a battery manufacturing plant in the DRC and just expect AVZ to pay all freight, insurance and other costs to get the products to China. I don’t know how many here consider all the possibilities involved (these are just a few I consider) but I have close to 3 million shares in AVZ so I try to imagine what possibilities might affect my investment. Maybe this is a little too much information, but fuck it, I can tell you from my conversations with Nigel in Sydney, I have invested more of my own money in AVZ than he had. I’m not dirty on him having all his shares, he’s done all the work, but I do wish other investors would put more effort into researching the facts and possibilities and offer strategies that help Nigel and us all as shareholders

It would be great if AVZ have been talking to another player, remember the south Koreans were on the scene in the DRC not too long ago. They also have ambitions on being #1. Ideally a deal involving SK, LG, Samsung and also a battery JV nearby........ 9% for 180mil guys ? (we keep 51% then in worst case skyfall scenario). I know dreamin...

But the DRC leadership knows China have been pillaging them and many instances are now being uncovered. (chinese miners polluting, not paying royalties, employing Chinese only.....the usual).

The IGF have uncovered Zijins assholery in conjunction with snack loving Cominiere, suggesting corruption. $5million in snacks, oh the diabetes.
Also who is on the DRC battery council ?
Importantly, who is not ! The optics would suggest DRC govt are well aware of the Chinese and have them at arms length. CATL the worlds largest battery producer not on the countries battery council ? why ? yet AVZ a minnow in comparison is ! - This speaks volumes.

The shorters and Zijin have been quite relentless in spewing their disinformation. As usual like swami (lol) a tid-bit of truth then a whole great big fucking container ship of bullshit is built around it, shit for you, shit for you, shit for you. The naïve lap it up and those who have done their homework question it which leads them to research further.........

Which is where we are now, its obvious we have a short campaign against us and also have the chinese (very likely CATL included) conspiring against us to steal Manono from us. Instead of just paying up the crooked twats do this thanks in large to the easily corruptible in the DRC.
To add further smell to the shit, enter good ol santa klaus everybody's favourite German since Hitler. The signs all point to DRC being wary of china $$ and control, so it would seem logical to think AVZ are the DRC Govts choice to hold this project, Australian miners are well regarded worldwide. All Zijin have so far is $5mil in snacks paid out to a few corrupt in Cominere with diabetes and a damning IGF report.
Its Nigel and boards time to earn their crazy handouts. This is a 20 billion dollar company in the making.

ffs gone on too long
 
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John25

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Ok ... I think I’ve snapped
1656479574873.gif
 
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CashKing

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Can't be said enough that it would be very fucking nice to have some clarity around something. Even something as little as why exactly we're in suspension.
And if anybody tells me it's because of: 'The voluntary suspension is requested in connection with the finalisation and release of an announcement in relation to its mining and exploration rights for the Manono Lithium and Tin Project.'
Well I'm liable to wring their neck at this point, got that management? 😫
Suspect another months sufferance though tbh. 🙄
And we can all repeat the same speculation we forgot we said last month (again) and digest a few more bs articles (again). 😑
Maybe I'll take up yoga. 🤔
Sounds like you need a snack or something mate o_O
 
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