It is extremely unlikely that KoBold will raise again in the short term having just done so 30 days ago. And while one of their investors is Breakthrough Energy Ventures that was founded by The Gates Foundation and has those big names attached in some capacity the fund is ran independently and they are just one of dozens of investors in KoBold so I can’t see Bill dumping Microsoft shares to fund a lithium mine in the DRC any time soon. KoBold is currently just an exploration company that have over 60 partnerships with mining companies in 14 countries around the world but not a single one of those projects is in production. Their CEO says he knows only one of those will become operational so far and that is in a JV with a local partner in Zambia that they plan to invest around 2.5 billion in over the next half a decade.
Their sojourn to our core library could just be as simple as wanting to add data to their AI algorithm calculations or perhaps using their advanced geological modelling method to map out the north. This seems to be the main focus of their operations at the moment as well as then in the future helping to assist local companies to bring the supply found online. Looking at it objectively it is actually an incredibly smart idea to approach exploration this way although it will put a lot of seasoned geologists out of a job in the coming years so any older boys in the profession should really make sure they secure one last great pay day asap as the machines are rapidly coming for their jobs and will do the work without a salary let alone needing a bonus for being in the country where the asset is located imo
Here is a video I found with the KoBold CEO from a month ago where he explains their plans:
That quote is from over a year ago and the CEO did not specify what material it was for but he did confirm later that the bid was unsuccessful" KoBold Metals is close to investing in the DRC, and has already bid on an asset."
Add to this both geo_au's and deboss' excitement , a curiously late Annual Report and Cami officials showing up in OZ . You know what it
smells like ?
View attachment 72305
Remember the good old days when Wombles was a grumpy, pessamistic old bastard?" KoBold Metals is close to investing in the DRC, and has already bid on an asset."
Add to this both geo_au's and deboss' excitement , a curiously late Annual Report and Cami officials showing up in OZ . You know what it
smells like ?
View attachment 72305
Yesterday?Remember the good old days when Wombles was a grumpy, pessamistic old bastard?
my vote was it doesnt matter.
Around 30% of AVZ is owned by China and all offtake’s are going to China and one of Trump’s main policy’s is destroying the ‘Green New Hoax’ by prioritising the use of fossil fuels again and there are people that think he will be our saviour. Sad.my vote was it doesnt matter.
Im not sure if DT will help us
Don't underestimate how much he hates China. Almost as much as AVZ Shareholders.Around 30% of AVZ is owned by China and all offtake’s are going to China and one of Trump’s main policy’s is destroying the ‘Green New Hoax’ by prioritising the use of fossil fuels again and there are people that think he will be our saviour. Sad.
Agree. Trump is not going to help any more than any other president. Although Elon has become a large donator for the Trump campaign so that might be influencing answers.Around 30% of AVZ is owned by China and all offtake’s are going to China and one of Trump’s main policy’s is destroying the ‘Green New Hoax’ by prioritising the use of fossil fuels again and there are people that think he will be our saviour. Sad.
That’s my point. China ultimately win each way here just depends on degree of control. Trump won’t care what happens to AVZ unless we start drilling oil imoDon't underestimate how much he hates China. Almost as much as AVZ Shareholders.
TC.
Around 30% of AVZ is owned by China and all offtake’s are going to China and one of Trump’s main policy’s is destroying the ‘Green New Hoax’ by prioritising the use of fossil fuels again and there are people that think he will be our saviour. Sad.
Now that we have a shareholder advocate for the company perhaps he could apply to HC to become an authorised company representative on the siteInteresting battle occurring at the crapper with elphamale's attempts to encourage shareholders updating their holdings with Automic being continually thwarted.
With the critical AGM looming it would appear that HC has taken a position in support of dissident holders.
Question is: why would they do this?
What's the point . Fat Tail won't show up .Their lawyers will kick the can down the road .10:00am FAT TAIL HOLDINGS PTY LTD v AVZ MINERALS LIMITED & Ors PER COR 198 2023 4 - 43
4th Floor, Court 43, all courts are open to the public. Anyone going, apart from Tolate?
He's a transactional president, who after his own interests puts USA second.my vote was it doesnt matter.
Im not sure if DT will help us
Women vote about to put the sword through Trumpy .He's a transactional president, who after his own interests puts USA second.
Wombat,Women vote about to put the sword through Trumpy .