AVZ Discussion 2022
- Thread starter GazDix
- Start date
Frank
Top 20
Billionaires in the race for AVZ Africa jewel
A cutting-edge mining company that counts the ultra-rich Bill Gates and Jeff Bezos as investors could reportedly throw Australian-based AVZ Minerals a lifeline for part control over one of the world’s largest hard-rock lithium deposits.
The US-based KoBold Metals recently wrote a letter to the Democratic Republic of Congo’s rulers, Bloomberg has reported, amid early-stage conversations between the US and the DRC to form a critical minerals and security partnership.
KoBold, which is known for using artificial intelligence to explore for commodities such as lithium and copper, has proposed taking over part of the Manono mining licence.
KoBold’s proposal also reportedly aims to resolve a long-drawn dispute involving AVZ Minerals, China’s Zijin Mining Group and the DRC government, according to a letter seen by Bloomberg.
The deposit “has the potential to become a large-scale, long-lived lithium mine”, KoBold chief legal officer Sandy Alexander wrote in a letter to Congo President Felix Tshisekedi’s chief-of-staff on January 21.
The company “would welcome the opportunity to develop the asset,” Mr Alexander said.
KoBold has more than 70 exploration projects around the world and is developing a copper mine in neighbouring Zambia.
The KoBold offer reportedly came days before Mr Tshisekedi proposed a minerals-for-security deal with US President Donald Trump’s administration.
DRC’s Government is battling a Rwanda-backed rebellion in its mineral-rich eastern provinces.
AVZ was developing the Manono mining project in the DRC — touted as “the biggest lithium discovery on the planet”. But in 2023 the DRC’s Government controversially split the licence and gave Zijin the northern portion.
The value of AVZ, which was listed on the ASX, was savaged by the licence split and its shares are currently delisted.
It is fighting a bitter legal battle in hopes of winning back the whole deposit.
KoBold’s plan is contingent on AVZ receiving “appropriate compensation” and agreeing to transfer all its interests in the DRC.
Adrian Rauso
Frank
Top 20
" A cutting-edge mining company that counts the ultra-rich Bill Gates and Jeff Bezos as investors could reportedly throw Australian-based AVZ Minerals a lifeline for part control over one of the world’s largest hard-rock lithium deposits."
The sort of lifeline where AVZ has a luxury superyacht. Having failed to stow away, they are on the quayside offering to be Jim Hawkins.
Captain Nige' will decide.
" KoBold’s plan is contingent on AVZ receiving “appropriate compensation” and agreeing to transfer all its interests in the DRC. "
And guess what, you won't be deciding what is appropriate - unless NF decides that you won the auction.
I know the decision is up to NF and the board ,but ,I think the more we speculate on a fair price the more he has to go on what is best for the shareholders in the long run , I'm very happy to leave it in his hands but I have been thinking the south is worth US$5 and the north is worth US$3 because it is pure theft so payable by the masters , that's US$8 below that its a bargain for the years of production , what I do think is what will the Australian government do to explain to the oz lithium mining companies why they did not support AVZ and allowed it to fall into hands of other nations , I feel sorry for the oz lithium miners , and I have not had a drink in 5 days , too excited
Frank
Top 20
*I know it's not Friday Funnies yet, but this is too Funny to wait til then 
*We all know what the "Challenges" are, You and your Corrupt mates for starters
Take a long hard look in the Mirror you Clowns
*To remind,
*We all know what the "Challenges" are, You and your Corrupt mates for starters
Take a long hard look in the Mirror you Clowns
*To remind,
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I went and had a look, are you happy now Frank? ARE YOU!?
I need a shower, i feel dirty after looking at the crapper....
oxxa23
Regular
In that case... avz..... oh, and you're a farkwit
Winenut
Go AVZ!
Mute22
Regular
2nd!?
Pick ya game up Mute.....
I'm out here GRINDING in the trenches of X and hotcrapper.
I will never be the same after this is done.
#enclair | Merveille EMONGO
#ENCLAIR/ KoBold Metals, société notamment detenue par les milliardaires américains @JeffBezos et @BillGates a fait une offre à la RDC. Une première pour une…
Mute22
Regular
2nd!?
Pick ya game up Mute.....
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SERA2g
Founding Member
This made me piss
well done. Fkn love mad men.Jokes aside and the recent hate for me, I have historically checked in on the AVZ threads to wish you guys well. Absolutely criminal where things are at and I wish all the Aussie holders the absolute best
Dave Evans
Regular
This made me piss
Jokes aside and the recent hate for me, I have historically checked in on the AVZ threads to wish you guys well. Absolutely criminal where things are at and I wish all the Aussie holders the absolute best
Mate you’ve never checked in here to wish AVZ holder’s well. Your post to me fell flat today and your “lol” at the end shows your level of maturity is well below what I’d expect from someone who considers himself a TSE founding member.
I hold more BRN shares than a lot of the commentators there and I follow the financials. You lot don’t seem to realise your playing on the stock market, not your Game Boy. Try posting with integrity
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