$10b USD - 30% TAX = $7b USD
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Love your work Spikerama.Ok I got this looking and functioning a bit better now and it works ok on Mobile too. I still need to work on the scrolling story (placeholders only on mobile) but at least we have this.
ICSID Arbitration Countdown
Countdown to the ICSID tribunal of AVZ vs DRC (Congolese).avz-icsid-final-countdown.netlify.app
If anyone wants to PM me a screenshot of what it looks like on theirs please do I'd love to see in order to address any major issues. As it even changes for me on the various laptops and PC's I have around the house. Thanks.
View attachment 79935
The cycle probably is about the same as upgrading their private jets and rennovating their mansions in switzerland...
This article seems to contradict the letter that was sent?From the Equities Club this morning
AVZ’s Manono gets even messier — KoBold makes its move
Last week, Donald Trump muscled into the AVZ Minerals' saga. This week, Bill Gates fancied a piece of the world's largest hard rock lithium deposit. The battle for Manono just went from wild to surreal.
The Gates-backed KoBold Metals has now thrown their hat into the ring, bidding for a majority stake in the monster Congolese lithium project. The US-based private company wants to buy in through Cominiere, the state-owned company with 30% of the asset.
The never ending saga of Manono. Source: Bloomberg
Why is this huge? KoBold is one of the most well-capitalised and technically sophisticated entrants in the critical minerals space. Their interest validates the scale and strategic importance of Manono.
Rarely has a mining asset become such a geopolitical prize. The US wants Manono out of Chinese hands, and Western governments are keenly aware of what's at stake - the world's largest hardrock lithium deposit in an increasingly lithium-hungry world.
With a resource of over 400Mt at 1.65% Li₂O, Manono remains one of the most coveted lithium assets on the planet. The fact that KoBold would enter this legal minefield speaks volumes about the deposit's significance.
“KoBold would welcome the opportunity to develop the asset.”
- KoBold Chief Legal Officer Sandy Alexander wrote to Congo President Felix Tshisekedi’s chief of staff in January 2025
The possibility of KoBold unlocking this asset with the technical and financial support of Silicon Valley's cleantech elite may accelerate development and revive stalled infrastructure planning.
The implications for AVZ shareholders are complex.
It's unlikely KoBold would buy out AVZ directly, as AVZ's equity interest in Manono has been under dispute since 2022. Instead, KoBold's deal appears aimed at acquiring control through Cominiere, effectively bypassing AVZ altogether.
Unfrotunately this raises the possibility that AVZ shareholders could be sidelined entirely,unless the company succeeds in international arbitration or reaches a negotiated settlement. Both of which are very possible outcomes.
If AVZ wins its case or forces a settlement, compensation could come from Cominiere, the DRC government, or potentially KoBold, depending on how many overlapping claims are resolved.
However, if KoBold moves forward and AVZ is unable to reassert its ownership stake, shareholders could be left holding equity in a company with no asset. The next 3–6 months are crucial, with arbitration outcomes and political negotiations likely to determine whether AVZ shareholders recover any value.
The Manono saga has now drawn in Chinese mining giants, the US government, a tech billionaire, and 21,000 stranded shareholders. The world's biggest lithium deposit has become a corporate and geopolitical battlefield.
The legal win last week was further validation in AVZ’s management to pursue Manono. Source: Reuters.com
If DATHCOM is reinstated as the holder of the tenement, then a TO would need to buy COMINIERE's share (although I agree it's not 30%)
I actually wrote “anos” as in the specific pronunciation by Borat when describing that part of the human anatomy…just sounds funnier than anus
What a strange point for them to make regarding Avz being sidelined. Kobold are obviously not going to make a takeover bid just for the pleasure of having a resource that’s still stuck in the courts. Hence the suggestion by kobold that Avz need to be fairly compensated.From the Equities Club this morning
AVZ’s Manono gets even messier — KoBold makes its move
Last week, Donald Trump muscled into the AVZ Minerals' saga. This week, Bill Gates fancied a piece of the world's largest hard rock lithium deposit. The battle for Manono just went from wild to surreal.
The Gates-backed KoBold Metals has now thrown their hat into the ring, bidding for a majority stake in the monster Congolese lithium project. The US-based private company wants to buy in through Cominiere, the state-owned company with 30% of the asset.
The never ending saga of Manono. Source: Bloomberg
Why is this huge? KoBold is one of the most well-capitalised and technically sophisticated entrants in the critical minerals space. Their interest validates the scale and strategic importance of Manono.
Rarely has a mining asset become such a geopolitical prize. The US wants Manono out of Chinese hands, and Western governments are keenly aware of what's at stake - the world's largest hardrock lithium deposit in an increasingly lithium-hungry world.
With a resource of over 400Mt at 1.65% Li₂O, Manono remains one of the most coveted lithium assets on the planet. The fact that KoBold would enter this legal minefield speaks volumes about the deposit's significance.
“KoBold would welcome the opportunity to develop the asset.”
- KoBold Chief Legal Officer Sandy Alexander wrote to Congo President Felix Tshisekedi’s chief of staff in January 2025
The possibility of KoBold unlocking this asset with the technical and financial support of Silicon Valley's cleantech elite may accelerate development and revive stalled infrastructure planning.
The implications for AVZ shareholders are complex.
It's unlikely KoBold would buy out AVZ directly, as AVZ's equity interest in Manono has been under dispute since 2022. Instead, KoBold's deal appears aimed at acquiring control through Cominiere, effectively bypassing AVZ altogether.
Unfrotunately this raises the possibility that AVZ shareholders could be sidelined entirely,unless the company succeeds in international arbitration or reaches a negotiated settlement. Both of which are very possible outcomes.
If AVZ wins its case or forces a settlement, compensation could come from Cominiere, the DRC government, or potentially KoBold, depending on how many overlapping claims are resolved.
However, if KoBold moves forward and AVZ is unable to reassert its ownership stake, shareholders could be left holding equity in a company with no asset. The next 3–6 months are crucial, with arbitration outcomes and political negotiations likely to determine whether AVZ shareholders recover any value.
The Manono saga has now drawn in Chinese mining giants, the US government, a tech billionaire, and 21,000 stranded shareholders. The world's biggest lithium deposit has become a corporate and geopolitical battlefield.
The legal win last week was further validation in AVZ’s management to pursue Manono. Source: Reuters.com
Clearly you don't know much about Elon Musk.
I would gladly lose my investment if I could see that piece of shit Celestin Kibeya & his pillow biting sidekick Alain Monga drawn and quartered.
Wait, did I go too far
Yeah it doesn’t match up with the White House’s reported comments either which in my view are key for establishing confidence in the DRC business climate for the gringos. And it’s impossible for KoBold to buy a majority holding from Cominiere that holds 25% (not 30%) of the project unless they plan to continue on the basis that the Dathcom JVA has been legally dissolved which in unlikely. But it is possible that KoBold is seeking another deal if the valuation they verbally put on offer wasn’t palatable to AVZ management during their recent trip to gringoland (therefore no need for it to be submitted in writing) imo
Hey Carlos,
In that case our ICSID case runs its full measure. $10bn, plus the accumulated financial penalties, thanks.From the Equities Club this morning
AVZ’s Manono gets even messier — KoBold makes its move
Last week, Donald Trump muscled into the AVZ Minerals' saga. This week, Bill Gates fancied a piece of the world's largest hard rock lithium deposit. The battle for Manono just went from wild to surreal.
The Gates-backed KoBold Metals has now thrown their hat into the ring, bidding for a majority stake in the monster Congolese lithium project. The US-based private company wants to buy in through Cominiere, the state-owned company with 30% of the asset.
The never ending saga of Manono. Source: Bloomberg
Why is this huge? KoBold is one of the most well-capitalised and technically sophisticated entrants in the critical minerals space. Their interest validates the scale and strategic importance of Manono.
Rarely has a mining asset become such a geopolitical prize. The US wants Manono out of Chinese hands, and Western governments are keenly aware of what's at stake - the world's largest hardrock lithium deposit in an increasingly lithium-hungry world.
With a resource of over 400Mt at 1.65% Li₂O, Manono remains one of the most coveted lithium assets on the planet. The fact that KoBold would enter this legal minefield speaks volumes about the deposit's significance.
“KoBold would welcome the opportunity to develop the asset.”
- KoBold Chief Legal Officer Sandy Alexander wrote to Congo President Felix Tshisekedi’s chief of staff in January 2025
The possibility of KoBold unlocking this asset with the technical and financial support of Silicon Valley's cleantech elite may accelerate development and revive stalled infrastructure planning.
The implications for AVZ shareholders are complex.
It's unlikely KoBold would buy out AVZ directly, as AVZ's equity interest in Manono has been under dispute since 2022. Instead, KoBold's deal appears aimed at acquiring control through Cominiere, effectively bypassing AVZ altogether.
Unfrotunately this raises the possibility that AVZ shareholders could be sidelined entirely,unless the company succeeds in international arbitration or reaches a negotiated settlement. Both of which are very possible outcomes.
If AVZ wins its case or forces a settlement, compensation could come from Cominiere, the DRC government, or potentially KoBold, depending on how many overlapping claims are resolved.
However, if KoBold moves forward and AVZ is unable to reassert its ownership stake, shareholders could be left holding equity in a company with no asset. The next 3–6 months are crucial, with arbitration outcomes and political negotiations likely to determine whether AVZ shareholders recover any value.
The Manono saga has now drawn in Chinese mining giants, the US government, a tech billionaire, and 21,000 stranded shareholders. The world's biggest lithium deposit has become a corporate and geopolitical battlefield.
The legal win last week was further validation in AVZ’s management to pursue Manono. Source: Reuters.com
