AVZ Discussion 2022

Onthefm

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Mate if they don't stop spending on preworks drilling on an asset we are not sure how much we own. We won't last the other 2 icc cases let alone a third. I wish they were spending more on flights accom and entertainment in drc.imo
On the crapper someone is saying the nige is going to London. Anyone know about this?
 
I know. Still the best thing I’ve seen to come out of the DRC which I can actually attribute value to. Some confirmation of the DRC stance relating to ownership and AVZ investment was greatly appreciated by me and I’m sure many others.
I only made the point that absolutely NOTHING has eventuated since the video was released.

Govt. happy to ignore which is really disappointing to say the least. No offence intended.
 
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TDITD

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I've been in contact with my Manono Taxi Driver recently who assures me that despite what we see on social media things are moving ahead at manono very quickly.
I asked him if he could send me any photo updates and he sent me this saying the crane seems to be working well
View attachment 27758

Yes looks like we have the all good from our project manager
Sacha Baron Cohen Thumbs Up GIF by Amazon Prime Video



Our Health and Safety Officer has everything under control.
Image result for Looks Good To Me GIF
 
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TDITD

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D

Deleted member 1612

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I only made the point that absolutely NOTHING has eventuated since the video was released.

Govt. happy to ignore which is really disappointing to say the least. No offence intended.
None taken. We’re all sick of this enduring shit show. Just clinging to the few things that look positive for us.
 
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Remark

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I've been in contact with my Manono Taxi Driver recently who assures me that despite what we see on social media things are moving ahead at manono very quickly.
I asked him if he could send me any photo updates and he sent me this saying the crane seems to be working well
View attachment 27758

Wow, that's a pretty decent bogging. Apparently it was on the way to save a bogged dozer or visa versa.

Some interesting pics here....

https://www.theconstructionindex.co.uk/the-digger-blog/view/crane-gets-stuck-followed-by-dozer

In WA somewhere going by the company name & phone number on the crane.
 
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Chilla

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Mate if they don't stop spending on preworks drilling on an asset we are not sure how much we own. We won't last the other 2 icc cases let alone a third. I wish they were spending more on flights accom and entertainment in drc.imo
I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.
 
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Remark

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I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.

"but you are starting to sound like the guy that posts 30 negative comments a day on the crapper"

I was thinking the same but then again I'm a little bit paranoid & suspicious (thanks for that Nigel!)
 
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Onthefm

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I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.
Fair enough cheers.
 
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Chilla

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Scoota30

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I sense your frustration and we all know why and we are all in the same position.....but you are starting to sound like the guy that posts 30 negative comments a day on the crapper...maybe try stepping back and looking at the big picture. Nige did say at Melb preso they will be reviewing and approving the future spend on a rolling quarterly basis. If they continue to approve spend then that i think is positive as it shows progress and confidence in resolving the issues. And they have the $50mil undrawn equity capital available ti use whenever for which shares have already been issued....so funding on current rate of spend will carry them through well into 2024....but i wouldnt expect that rate to be sustained as once the drilling is complete the spend will reduce until FID is approved imo.
Don't forget that by the time the drilling stops, there will be an increase from 500k to $5M per year payment for directors insurance, but that is because "the company is growing".
Nothing to see here....
 
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BRICK

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cruiser51

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"but you are starting to sound like the guy that posts 30 negative comments a day on the crapper"

I was thinking the same but then again I'm a little bit paranoid & suspicious (thanks for that Nigel!)
Looks like I am not the only one being slightly paranoid & suspicious.

It is obvious there are wolves in sheep's clothing on every social platform, even TSE.

To think otherwise is not smart.
There is too much at play.

For the big player(s) well in excess of a few billion dollars.
Just think along the lines of hegemony of the world lithium market.
It is the final play China is aiming for.

Just something to consider.

AIMO

Have a nice day and good luck to all.
 
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Frank

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Fuck me, Twiggy is having the same problems.

The only thing the chinese seem to be able to build are roadblocks

Minerals against infrastructure with China, Tshisekedi accuses the Chinese of having made a lot of profits and demands the reassessment of the "century contract"

Democratic Republic of Congo President Felix Tshisekedi has slammed a $6.2 billion minerals-for-infrastructure deal with China, saying the world's biggest producer of a key metal for batteries has failed benefited from the agreement.

Congo, Africa's second largest country by landmass, is rich in natural resources - including copper and cobalt which are major components of electric vehicles - but remains one of the world's least developed countries.

Most of its minerals end up in China, which signed a landmark deal with Tshisekedi's predecessor in 2008 to swap roads and buildings for the two metals.

“The Chinese, they made a lot of money and made a lot of profit from this contract,” Tshisekedi said in an interview at the World Economic Forum in Davos, Switzerland.

“Now our need is just to rebalance things so that it becomes a win-win.

The renegotiation of the contract is part of a campaign by the president to ensure that the country is paid for the full value of its resources, which are increasingly in demand.

The deal with China was signed at a time when Congo was emerging from decades of dictatorship and war and newly elected President Joseph Kabila was in desperate need of funding.

He demanded that Chinese companies invest $3.2 billion in a copper-cobalt mine and another $3 billion in infrastructure funded by the mine's revenues.

" Nothing concrete "

The Congolese government says China has released less than a third of infrastructure funds.

“We are happy to be friends with the Chinese, but the contract was badly drafted, very badly,” Tshisekedi said.

“Today, the Democratic Republic of Congo has not benefited from it.


There is nothing tangible, no positive impact, I would say, for our population.

The Chinese embassy in Congo and the Chinese ambassador did not immediately respond to an email and text message seeking comment on the negotiations, which have been going on for more than a year.

"You know, the Chinese are the champions of marathon talks," Tshisekedi said.

“They are known around the world for this. We are living this experience now and so, we will see, but we remain optimistic.

Negotiations are also dragging on at the Grand Inga site with Australia's Fortescue Metals Group Ltd., which has a memorandum of understanding with Congo to develop what could be the world's biggest hydropower project, Tshisekedi said.

African investors

The president wants Fortescue to allow other investors to participate in the deal, particularly from Africa, and possibly scale back its ambitions to accelerate development, he said.

“We are not on the same wavelength,” he said, adding that he had met Andrew Forrest in Davos, the chairman of Fortescue.

“We want to make this a kind of opportunity to also unite other interests, especially African interests,” Tshisekedi said.

“We are open to everything, to all discussions, to all meetings.


Discussions with Fortescue are continuing, Tshisekedi's director of communications later confirmed.

Fortescue Future Industries Ltd. plans to use Inga's energy, which could potentially be twice as powerful as China's Three Gorges project, to produce green hydrogen and green ammonia.

The company is in "active discussions" about the project, FFI chief executive Mark Hutchinson said in an email response to a request for comment.

Tshisekedi plans to travel to Australia to continue those talks, he said.

“Fortescue has a team in the DRC and continues to work closely with the government to get things done,” Hutchinson said.

“Fortescue welcomes other partners in this important project.

There is no timetable for the next phase of Inga, the 10 gigawatt project known as Inga 3, Tshisekedi said.

mediacongo


fatshi.jpeg


*Funny how when your name is Forest you easily get the Presidents ( Felix ) attention (y)

But when your name is Nigel he ignores you and your massive Hard Rock deposit :rolleyes:

WTF Fatshi :unsure:

Frank :(


#Nigel's Plan V Reality.jpg
 
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Mickyb64

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Minerals against infrastructure with China, Tshisekedi accuses the Chinese of having made a lot of profits and demands the reassessment of the "century contract"

Democratic Republic of Congo President Felix Tshisekedi has slammed a $6.2 billion minerals-for-infrastructure deal with China, saying the world's biggest producer of a key metal for batteries has failed benefited from the agreement.

Congo, Africa's second largest country by landmass, is rich in natural resources - including copper and cobalt which are major components of electric vehicles - but remains one of the world's least developed countries.

Most of its minerals end up in China, which signed a landmark deal with Tshisekedi's predecessor in 2008 to swap roads and buildings for the two metals.

“The Chinese, they made a lot of money and made a lot of profit from this contract,” Tshisekedi said in an interview at the World Economic Forum in Davos, Switzerland.

“Now our need is just to rebalance things so that it becomes a win-win.


The renegotiation of the contract is part of a campaign by the president to ensure that the country is paid for the full value of its resources, which are increasingly in demand.

The deal with China was signed at a time when Congo was emerging from decades of dictatorship and war and newly elected President Joseph Kabila was in desperate need of funding.

He demanded that Chinese companies invest $3.2 billion in a copper-cobalt mine and another $3 billion in infrastructure funded by the mine's revenues.

" Nothing concrete "

The Congolese government says China has released less than a third of infrastructure funds.

“We are happy to be friends with the Chinese, but the contract was badly drafted, very badly,” Tshisekedi said.

“Today, the Democratic Republic of Congo has not benefited from it.

There is nothing tangible, no positive impact, I would say, for our population.

The Chinese embassy in Congo and the Chinese ambassador did not immediately respond to an email and text message seeking comment on the negotiations, which have been going on for more than a year.

"You know, the Chinese are the champions of marathon talks," Tshisekedi said.

“They are known around the world for this. We are living this experience now and so, we will see, but we remain optimistic.


Negotiations are also dragging on at the Grand Inga site with Australia's Fortescue Metals Group Ltd., which has a memorandum of understanding with Congo to develop what could be the world's biggest hydropower project, Tshisekedi said.

African investors

The president wants Fortescue to allow other investors to participate in the deal, particularly from Africa, and possibly scale back its ambitions to accelerate development, he said.

“We are not on the same wavelength,” he said, adding that he had met Andrew Forrest in Davos, the chairman of Fortescue.

“We want to make this a kind of opportunity to also unite other interests, especially African interests,” Tshisekedi said.


“We are open to everything, to all discussions, to all meetings.

Discussions with Fortescue are continuing, Tshisekedi's director of communications later confirmed.

Fortescue Future Industries Ltd. plans to use Inga's energy, which could potentially be twice as powerful as China's Three Gorges project, to produce green hydrogen and green ammonia.

The company is in "active discussions" about the project, FFI chief executive Mark Hutchinson said in an email response to a request for comment.

Tshisekedi plans to travel to Australia to continue those talks, he said.

“Fortescue has a team in the DRC and continues to work closely with the government to get things done,” Hutchinson said.

“Fortescue welcomes other partners in this important project.

There is no timetable for the next phase of Inga, the 10 gigawatt project known as Inga 3, Tshisekedi said.

mediacongo


View attachment 27768

*Funny how when your name is Forest you easily get the Presidents ( Felix ) attention (y)

But when your name is Nigel he ignores you and your massive Hard Rock deposit :rolleyes:

WTF Fatshi :unsure:

Frank :(


View attachment 27772
Wow, FT has been in a good paddock. Obviously can't fit in the old blue suit anymore.
 
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Xerof

Biding my Time 1971
Looks like I am not the only one being slightly paranoid & suspicious.

It is obvious there are wolves in sheep's clothing on every social platform, even TSE.

To think otherwise is not smart.
There is too much at play.

For the big player(s) well in excess of a few billion dollars.
Just think along the lines of hegemony of the world lithium market.
It is the final play China is aiming for.

Just something to consider.

AIMO

Have a nice day and good luck to all.
The wolves here know they can’t say too much, as they will get run out of town. Instead the cunts read all our posts, then hurl insults on Twitter. What a bunch of weak kneed cunts they are.
 
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wombat74

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Minerals against infrastructure with China, Tshisekedi accuses the Chinese of having made a lot of profits and demands the reassessment of the "century contract"

Democratic Republic of Congo President Felix Tshisekedi has slammed a $6.2 billion minerals-for-infrastructure deal with China, saying the world's biggest producer of a key metal for batteries has failed benefited from the agreement.

Congo, Africa's second largest country by landmass, is rich in natural resources - including copper and cobalt which are major components of electric vehicles - but remains one of the world's least developed countries.

Most of its minerals end up in China, which signed a landmark deal with Tshisekedi's predecessor in 2008 to swap roads and buildings for the two metals.

“The Chinese, they made a lot of money and made a lot of profit from this contract,” Tshisekedi said in an interview at the World Economic Forum in Davos, Switzerland.

“Now our need is just to rebalance things so that it becomes a win-win.

The renegotiation of the contract is part of a campaign by the president to ensure that the country is paid for the full value of its resources, which are increasingly in demand.

The deal with China was signed at a time when Congo was emerging from decades of dictatorship and war and newly elected President Joseph Kabila was in desperate need of funding.

He demanded that Chinese companies invest $3.2 billion in a copper-cobalt mine and another $3 billion in infrastructure funded by the mine's revenues.

" Nothing concrete "

The Congolese government says China has released less than a third of infrastructure funds.

“We are happy to be friends with the Chinese, but the contract was badly drafted, very badly,” Tshisekedi said.

“Today, the Democratic Republic of Congo has not benefited from it.

There is nothing tangible, no positive impact, I would say, for our population.

The Chinese embassy in Congo and the Chinese ambassador did not immediately respond to an email and text message seeking comment on the negotiations, which have been going on for more than a year.

"You know, the Chinese are the champions of marathon talks," Tshisekedi said.

“They are known around the world for this. We are living this experience now and so, we will see, but we remain optimistic.


Negotiations are also dragging on at the Grand Inga site with Australia's Fortescue Metals Group Ltd., which has a memorandum of understanding with Congo to develop what could be the world's biggest hydropower project, Tshisekedi said.

African investors

The president wants Fortescue to allow other investors to participate in the deal, particularly from Africa, and possibly scale back its ambitions to accelerate development, he said.

“We are not on the same wavelength,” he said, adding that he had met Andrew Forrest in Davos, the chairman of Fortescue.

“We want to make this a kind of opportunity to also unite other interests, especially African interests,” Tshisekedi said.


“We are open to everything, to all discussions, to all meetings.

Discussions with Fortescue are continuing, Tshisekedi's director of communications later confirmed.

Fortescue Future Industries Ltd. plans to use Inga's energy, which could potentially be twice as powerful as China's Three Gorges project, to produce green hydrogen and green ammonia.

The company is in "active discussions" about the project, FFI chief executive Mark Hutchinson said in an email response to a request for comment.

Tshisekedi plans to travel to Australia to continue those talks, he said.

“Fortescue has a team in the DRC and continues to work closely with the government to get things done,” Hutchinson said.

“Fortescue welcomes other partners in this important project.

There is no timetable for the next phase of Inga, the 10 gigawatt project known as Inga 3, Tshisekedi said.

mediacongo


View attachment 27768

*Funny how when your name is Forest you easily get the Presidents ( Felix ) attention (y)

But when your name is Nigel he ignores you and your massive Hard Rock deposit :rolleyes:

WTF Fatshi :unsure:

Frank :(


View attachment 27772
Where's Nigel's photo with Felix ? Only the most important photo opportunity in AVZ history . If someone has it could you please post it here .
1674452054357.png
 
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BRICK

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