AVZ Discussion 2022

LINK: https://x.com/Dossantd511/status/2025777485464678616?s=20

SilentOne said:

LINK: https://x.com/Dossantd511/status/2025777485464678616?s=20

View attachment 95342

Click to expand...

All of these job ads relate to KoBold’s nearology plays imo

Also many moons ago I once applied to work for a research house. Before the interview they sent me a copy of one of their latest research papers dated the 31st of September. I didn’t bother going lol

SilentOne said:

LINK: https://x.com/Dossantd511/status/2025777485464678616?s=20

View attachment 95342

Click to expand...

Carlos Danger said:

All of these job ads relate to KoBold’s nearology plays imo

Also many moons ago I once applied to work for a research house. Before the interview they sent me a copy of one of their latest research papers dated the 31st of September. I didn’t bother going lol

View attachment 95345

Click to expand...

The thing about KoBold is they are so fucken full of shit. They started off by making outlandish claims and later we saw veiled threats saying they would walk away. I know what their last low-ball offer was…. Absolutely no doubt they are opportunistic scumbags trying to rip us off. They claim to be honest and won’t even publicly announce their pathetic offer, do not believe a word they say

Dave Evans said:

The thing about KoBold is they are so fucken full of shit. They started off by making outlandish claims and later even tried veiled threats of walking away. I can tell you I know what their last low-ball offer was…. Absolutely no doubt they are opportunistic scumbags trying to rip us off. Do not believe a word they say

Click to expand...

Was it costs plus gravy ? Not enough gravy .

wombat74 said:

Was it costs plus gravy ? Not enough gravy .

View attachment 95350

Click to expand...

That’s always been one of my favourite cartoons from the 70’s Wombles, here’s another from the same vintage

Dave Evans said:

That’s been one of my favourite cartoons since the 70’s Wombles, here’s another

Click to expand...

Likewise Dave . Fond memories indeed .

Dave Evans said:

The thing about KoBold is they are so fucken full of shit. They started off by making outlandish claims and later we saw veiled threats saying they would walk away. I know what their last low-ball offer was…. Absolutely no doubt they are opportunistic scumbags trying to rip us off. They claim to be honest and won’t even publicly announce their pathetic offer, do not believe a word they say

View attachment 95349

Click to expand...

Is there a reason you won't say what the offer was publicly?

Elmitso said:

Is there a reason you won't say what the offer was publicly?

Click to expand...

It was costs plus gravy . You can ball park AVZ's costs . Then add the gravy .

wombat74 said:

It was costs plus gravy . You can ball park AVZ's costs . Then add the gravy .

Click to expand...

The gravy.



If you know, you know.

Dave Evans said:

The thing about KoBold is they are so fucken full of shit. They started off by making outlandish claims and later we saw veiled threats saying they would walk away. I know what their last low-ball offer was…. Absolutely no doubt they are opportunistic scumbags trying to rip us off. They claim to be honest and won’t even publicly announce their pathetic offer, do not believe a word they say

View attachment 95349

Click to expand...

I went through an article that was released last year at the time KoBold was making its push for our project

In this article KoBold tried to talk themselves up as the great saviour of Manono, and not once did they mention AVZ’s work in developing the project

Seeing how KoBold want to undervalue our project, and us, I replaced their name in the article with “any US company” and this provides a better resource / method for valuing our project

The Significance of the Manono Lithium Project

Entrance into the Manono lithium project in southeastern DRC represents a strategic coup in the global race for battery metals.

This massive deposit is considered one of the world's largest hard rock lithium resources, with estimated reserves of 669 million tonnes of lithium-bearing ore.

What makes Manono particularly valuable:

1. Scale: Its sheer size places it among the top three global lithium deposits, behind only Thacker Pass (USA) and Greenbushes (Australia)
2. Quality: High-grade spodumene with favorable extraction economics
3. Strategic location: Positioned in Central Africa's mineral-rich copper belt
4. Development potential: Capacity to produce an estimated 1.2 million tonnes of lithium carbonate equivalent annually at full operation

The project's development timeline projects initial production by 2028, this timeline positions Manono to enter production just as global lithium demand is projected to triple from current levels, driven primarily by electric vehicle battery manufacturing

"Manono could supply up to 15% of global lithium demand by 2030, making it a cornerstone asset in the clean energy transition," according to mining industry analysts.

Click to expand...

What Are the Geopolitical Implications of This Deal?​

Any agreement extends far beyond business considerations, touching on strategic mineral security, great power competition, and the DRC's evolving diplomatic position in the global resource landscape.

US Strategic Minerals Policy​

The United States has increasingly recognized critical minerals as a national security priority, with the Biden administration implementing multiple initiatives to secure supply chains independent of Chinese control. Any American company’s entry into DRC aligns perfectly with these strategic objectives.

Key elements of the US approach include:

• The Inflation Reduction Act's provisions incentivizing non-Chinese mineral sourcing
• Formation of the US-EU Critical Minerals Agreement (2023) to coordinate Western access
• Diplomatic outreach to mineral-rich nations, particularly in Africa
• Support for private sector investments in strategic deposits

This policy framework received concrete expression when Senior Advisor Massad Boulos met with DRC President Félix Tshisekedi to discuss mineral cooperation.

These high-level diplomatic engagements signal the elevation of critical minerals to a top-tier foreign policy priority for the United States.

Any US company deal represents a significant win for this strategy, establishing a foothold for a US-aligned company in one of Africa's most important lithium resources, previously at risk of falling under exclusive Chinese influence.

What Impact Will This Have on Global Lithium Markets?​

Any US company’s development of Manono will significantly influence global lithium supply chains, pricing dynamics, and the competitive landscape for battery materials. The timing of this project coincides with projected supply shortfalls as electric vehicle adoption accelerates worldwide.

Supply Chain Implications​

When fully operational, Manono has the potential to produce approximately 1.2 million tonnes of lithium carbonate equivalent annually. This massive output would represent a substantial portion of global supply, potentially:

• Increasing global lithium production by up to 15%
• Diversifying supply away from the "lithium triangle" of Chile, Argentina and Bolivia
• Offering Western manufacturers a significant non-Chinese controlled source
• Altering pricing dynamics in what has been a volatile commodity market

The project's targeted production timeline of 2028 places it at a critical juncture when lithium demand is expected to exceed current production capacity by nearly 40%. Major battery and EV manufacturers are already seeking to secure long-term supply agreements to mitigate this anticipated shortage.

Any US company’s entry creates opportunities for strategic partnerships with:

• Electric vehicle manufacturers seeking supply security
• Battery cell producers requiring consistent lithium hydroxide or carbonate
• Energy storage system developers expanding beyond consumer electronics
• Western governments promoting domestic battery manufacturing

These potential offtake agreements could provide the financial certainty needed to accelerate Manono's development timeline, potentially bringing production online earlier than currently projected

What makes the Manono lithium deposit globally significant?​

The Manono lithium project stands among the world's premier hard rock lithium resources, distinguished by several exceptional characteristics:

• Scale: With 669 million tonnes of estimated resources, it ranks as the third-largest global lithium deposit by volume
• Grade quality: The deposit contains high-grade spodumene with lithium oxide (Li₂O) concentrations averaging 1.65%
• Mineral diversity: Beyond lithium, the site contains valuable tin and tantalum resources
• Geological accessibility: The pegmatite formations allow for conventional open-pit mining methods
• Expansion potential: Exploration to date has focused on known zones, with significant unexplored areas remaining

Compared to other major global lithium sources, Manono offers the advantage of being a hard rock resource rather than a brine operation. This allows for more consistent production regardless of seasonal variations and potentially lower water usage compared to South American operations in arid regions.

How might this affect other lithium producers globally?​

Manono will resonate throughout the global lithium industry in several ways:

1. Australian producers: Currently dominating hard rock lithium supply, Australia lithium innovations may face increased competition as Manono reaches production
2. South American operations: Brine producers in the "lithium triangle" may accelerate technology adoption to maintain cost competitiveness
3. Project timelines: Other developing lithium resources may accelerate development schedules to secure market position before Manono production
4. Industry consolidation: Smaller producers may seek mergers or acquisitions to compete with emerging large-scale operations
5. Processing innovation: Pressure to reduce costs may drive technological advancements in lithium processing and refining

The emergence of Manono as a major supplier will likely accelerate the industry's evolution from a relatively niche market to a mature, large-scale commodity business with more sophisticated price discovery mechanisms, standardized contracts, and potentially even futures markets.

For battery manufacturers and EV producers, Manono's development offers welcome supply diversification but also requires careful monitoring of how new production affects pricing dynamics in their supply chains.

Samus said:

View attachment 95310

https://x.com/JohnNgombua1/status/2025351560306348372

Click to expand...

worthless to say but ... this topic (DFC cap raise) in a world of having our project running under PE13359 and being listed at ASX these days ...

Elmitso said:

Is there a reason you won't say what the offer was publicly?

Click to expand...

I’m not involved in any of the Chinese whispers groups because the intel is usually of the same quality as sparkling wine

But from what I can gather from various snippets online by AVZ shareholders KoBold’s offer was around $500m AUD in tranches over a number of years with 10 being the widely rumoured duration. In share price terms that equals roughly 14c per share at around 1.4c per year over the next decade. Not sure if there was more cash up front then tailing off or if it was even per year but you get the gist. The Australian news agency last year said KoBold's offer was ‘up to’ $1.5b USD including a royalty which works out around up to 42c AUD per share spread out over a number of years to allow for said royalty. So to answer your question KoBold's 'offer' was somewhere in between 14c and up to 42c per share.

Clearly whatever KoBold offered was less well received by the AVZ BOD than Melinda Gates finding out she got a STD via a Russian hooker provided to Bill Gates by Jeffrey Epstein

KoBold can’t claim to be against corruption and then try and vulture capitalist a project away from a company like AVZ facing horrendous corruption instigated by Cominiere by trying to claim that we have a sTrAnDeD AsSeT. That makes them a willing enabler of the corruption.

Which means that dipshit Kurt House is nothing more than the Ghislaine to Celestin Kibeya’s Jeffrey imo

#Lithium_Manono

Why not also a restructuring at the management level of #COMINIERE ?

By Kiki #Kienge

As part of the strategic agreement negotiated in Washington, based on a sensitive and decisive exchange between Congolese minerals and strengthened military and diplomatic security, the Congolese president, Félix #Tshisekedi , recently restructured the management of several public mining companies.

These companies are on the list of mining assets that the DRC intends to highlight in this new strategic partnership, USA/DRC. Shovels:
- the #Gécamines , historical pillar of copper and cobalt;
- the #Sakima , holder of important deposits of gold, coltan and rare earths;
- the #Sokimo , an iconic gold mining company in the northeast of the country.

This reorganization appears to be part of a logic of credibility, transparency and efficiency, at a time when the DRC intends to enhance its resources to strengthen its geopolitical and security position. But a major question arises: why not also COMINIERE and the strategic lithium of Manono?

COMINIERE, a public company in charge of the lithium deposits in Manono, considered one of the world's largest, remains at the heart of serious controversies. Accusations of corruption, suspicions of embezzlement of public funds, administrative blockages and governance conflicts: all these factors have paralyzed the effective exploitation of this mineral, which is nevertheless strategic for the global energy transition, for year.

While lithium is currently at the center of international interest and the DRC could become a key player in the global electric battery chain, nothing is happening. Projects are stalled. Investments are on hold.

Opportunities are slipping away. And yet, no visible structural reform has been undertaken at COMINIERE. Lisette Kabanga #Tshibwabwa remains chair of the board of directors, while Célestin #Kibeya retains his position as general manager.

This continuity raises questions, especially at a time when other public mining companies are undergoing adjustments and strategic repositioning.

Why this exception? Why does the lithium from Manono, a resource of the future, remain on the margins of the priorities set by Félix Tshisekedi? How can we explain that, in a context of major international agreements involving Congolese mineral resources, the governance of COMINIERE is not receiving similar attention?

If the DRC truly wants to transform its lithium into levers of sovereignty, security and development, coherence in the governance of the public mining company, COMINIERE, is essential. The country's international credibility depends on it. So does the trust of its partners.

Copper, cobalt, gold and rare earth elements are not the only strategic minerals.
Is Manono's lithium just as important? Perhaps even more so for the future. So, once again: why not COMINIERE as well?

@LouisWKabamba
@portefeuille_cd
@SuminwaJudith
@Presidence_RDC
@US_SrAdvisorAF
@KoBold_Metals

Needs to be noted that one of the replacements at Gecamines is the fucking father-in-law of Felix’s daughter

Bin59 said:

https://x.com/kiengekki/status/2025995129031385167?s=42

#Lithium_Manono

Why not also a restructuring at the management level of #COMINIERE ?

By Kiki #Kienge

As part of the strategic agreement negotiated in Washington, based on a sensitive and decisive exchange between Congolese minerals and strengthened military and diplomatic security, the Congolese president, Félix #Tshisekedi , recently restructured the management of several public mining companies.

These companies are on the list of mining assets that the DRC intends to highlight in this new strategic partnership, USA/DRC. Shovels:
- the #Gécamines , historical pillar of copper and cobalt;
- the #Sakima , holder of important deposits of gold, coltan and rare earths;
- the #Sokimo , an iconic gold mining company in the northeast of the country.

This reorganization appears to be part of a logic of credibility, transparency and efficiency, at a time when the DRC intends to enhance its resources to strengthen its geopolitical and security position. But a major question arises: why not also COMINIERE and the strategic lithium of Manono?

COMINIERE, a public company in charge of the lithium deposits in Manono, considered one of the world's largest, remains at the heart of serious controversies. Accusations of corruption, suspicions of embezzlement of public funds, administrative blockages and governance conflicts: all these factors have paralyzed the effective exploitation of this mineral, which is nevertheless strategic for the global energy transition, for year.

While lithium is currently at the center of international interest and the DRC could become a key player in the global electric battery chain, nothing is happening. Projects are stalled. Investments are on hold.

Opportunities are slipping away. And yet, no visible structural reform has been undertaken at COMINIERE. Lisette Kabanga #Tshibwabwa remains chair of the board of directors, while Célestin #Kibeya retains his position as general manager.

This continuity raises questions, especially at a time when other public mining companies are undergoing adjustments and strategic repositioning.

Why this exception? Why does the lithium from Manono, a resource of the future, remain on the margins of the priorities set by Félix Tshisekedi? How can we explain that, in a context of major international agreements involving Congolese mineral resources, the governance of COMINIERE is not receiving similar attention?

If the DRC truly wants to transform its lithium into levers of sovereignty, security and development, coherence in the governance of the public mining company, COMINIERE, is essential. The country's international credibility depends on it. So does the trust of its partners.

Copper, cobalt, gold and rare earth elements are not the only strategic minerals.
Is Manono's lithium just as important? Perhaps even more so for the future. So, once again: why not COMINIERE as well?

@LouisWKabamba
@portefeuille_cd
@SuminwaJudith
@Presidence_RDC
@US_SrAdvisorAF
@KoBold_Metals


View attachment 95369

Click to expand...

Good time to start another wave on social media against Cominiere’s Directors. It’s unbelievable how they can be getting away with their corruption in plain sight


Reuters Africa
@ReutersAfrica

The Democratic Republic of Congo’s president has replaced the board chair and chief executive of state miner Gecamines, the government said on Monday, a major shake-up that comes at a time when negotiations with Washington over a minerals deal take shape.
https://t.co/Jamip6QLn9
reuters.com
Congo replaces Gecamines leadership amid minerals talks with US


Dave Evans
@DaveEva12049801

Why are @cominiereSA Directors still in charge of mining in the DRC

@WorldBankAfrica @IMFAfrica @USTreasury @SecScottBessent

Their corruption is in reports by @ALINGETEJULES_K @iccwbo @icsid $AVZ

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/638ee2df77e76824d82d6fff/1670308576126/20221130+-+IGF+Report+on+the+Management+of+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf

https://thestockexchange.com.au/threads/cominieres-corruption.254349/







Dave Evans
@DaveEva12049801

May 25, 2024

Cominiere’s corruption in the DRC has been documented in the @IgfRdc report & Celestin Kibeya was recorded taking a bribe from Zijin. Still the corruption continues.

See the facts in the links below

https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf

Dave Evans said:

Good time to start another wave on social media against Cominiere’s Directors. It’s unbelievable how they can be getting away with their corruption in plain sight


Reuters Africa
@ReutersAfrica

The Democratic Republic of Congo’s president has replaced the board chair and chief executive of state miner Gecamines, the government said on Monday, a major shake-up that comes at a time when negotiations with Washington over a minerals deal take shape.
https://t.co/Jamip6QLn9
reuters.com
Congo replaces Gecamines leadership amid minerals talks with US


Dave Evans
@DaveEva12049801

Why are @cominiereSA Directors still in charge of mining in the DRC

@WorldBankAfrica @IMFAfrica @USTreasury @SecScottBessent

Their corruption is in reports by @ALINGETEJULES_K @iccwbo @icsid $AVZ

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/638ee2df77e76824d82d6fff/1670308576126/20221130+-+IGF+Report+on+the+Management+of+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf

https://thestockexchange.com.au/threads/cominieres-corruption.254349/

Dave Evans
@DaveEva12049801

May 25, 2024

Cominiere’s corruption in the DRC has been documented in the @IgfRdc report & Celestin Kibeya was recorded taking a bribe from Zijin. Still the corruption continues.

See the facts in the links below

https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf

Cominiere’s Corruption

Cominiere’s Corruption Investors, mining companies, battery maker’s and EV manufacturer’s around the world know the story of AVZ Minerals and how DRC state miner Cominiere seized the Manono lithium project from Dathcom and sold it to Chinese Zijin Mining Follow the links below to see 1. The...

thestockexchange.com.au

x.com

x.com

https://x.com/DaveEva12049801/status/2026050331218780210

Click to expand...

Reuters and Minister of Mines now seem to be blocking my replies this morning Oh well, one thing about AVZ shareholders is we don’t give up