Okay Mute, I’ll throw my hat into the ring. Obviously there will be announcement this week which will include our cash balance which we know has been substantially drained by litigation funding because that was the plan by the corrupt actors involved including everyone associated with Zijin.
I imagine Zijin’s lawyers (Fasken) have done everything they could do to stall our arbitration. I also imagine we will see remuneration cuts from the BOD and possibly an announcement that the Locke funding has finally been approved.
Why has it taken so long is a question that’s been brought up a number of times and no one has answered it. Here’s a few possibilities I can think of. The BOD may have put it off in the hopes that the DRC might negotiate a fair deal, but knowing the corruption in the DRC, the DRC more than likely kept leading us on with meetings in Belgium and France before the minister of lies, whoops, I mean minister of mines decided to come out with a lie and say there were no meetings between AVZ and DRC representatives.
Another reason could be, perhaps powerful people behind the scenes were trying to delay ICC and ICSID orders being enforced because they had their own plans for negotiations.
I’m talking about Bill Gates and his billionaire mates who are behind Kobold. We know one of those men in the group that recently visited our site was a geologist who worked with AVZ on our DFS and knows the value of our project.
By the way, if people working behind the scenes for Jeff Bezoss, Bill Gates and Kobold are looking at buying this project out and want AVZ to end arbitration, here’s my thoughts on what our project is worth
We have a defined lithium pegmatite deposit of 840 million tonnes (equal to 13.5 million tonnes of Li2O) multiplied by today’s price which is at a low) of US$800/tonne = $US10.8 billion.
Thats AU$15,654,000,000.00
= $15 billion 654 million Australian dollars
= > $4 per share
Li2O has been over US$8000/tonne
= Over $150 billion Australian dollars
= > $40 per share
Lithium futures prices recently were between US$1,000 - US$2,000/tonne
= Over $5 per share
Near term futures pricing is short to medium term and the life of mine pricing should be well above that
The only thing I would add is that if the members of Fat Tail BOD had rolled our BOD last year, there’s a good chance they would have sold out for $0.01 cent a share. That was what they seemingly thought it was worth.