AVZ Discussion 2022
- Thread starter GazDix
- Start date
Carlos Danger
Top 20
I always took the CATH deal usually being extended around a month after the suspension deadline to mean that it will take a bit of time to finalise the ownership transfer after the licence is registered. Very interesting they are now due on the same day after all this time of them being separate.When is the next update, gave up remembering 6 months ago
Misfits
Regular
IMO, nothing to read into with the same date. Just the end of the month. Hope I am wrong. Nevertheless, I am confident we are making headway and hopefully by the end of the qtr we are trading. Reshuffle after the Pope has gone?
Carlos Danger
Top 20
Yeah most likely just a coincidence. Makes more sense to have them lined up anyway as announcements will come out as soon as bod are ready to make them so news will flow when it's ready not on the deadline day. But still a bit weird they haven't been on the same date before.
Reshuffle has already been done by Felix. Up to the prime minister to implement now. I don't think the pope being there will change when that happens but who fucking knows in the DRC.
Samus
Top 20
Makes it easier to extend both at the same time then go back to sipping pina colada's.
Carlos Danger
Top 20
The bod have been working double time like suckers
BRICK
Regular
“The Company is confident of a positive outcome in relation to the award of the Mining Licence and positive Financial Investment Decision (FID) to develop what is believed to be the largest undeveloped hard rock lithium deposit.” Last qtr 31/10/22 .
Lets see if they add any words of encouragement this time .
Lets see if they add any words of encouragement this time .
I think @obe wan post nails it on the head.Definitely going to be some selling due to many wanting/needing to access their cash.
The BOD said at the shitshow that they are aware of the situation and lining up the announcements so to speak, they will need too.
With lithium going strong and remaining strong we are with any luck in the 'rising tide lifts all boats' scenario and the drop isn't too bad.
I'm interested to see those announcements out and watch how long it takes for AVZ to start moving up again. There is a nagging part of me that is expecting the market to have lost faith in the BOD and DRC and in that case price would then stagnate and only really start to move a few months out from first concentrate produced.
Certainly hope not, what's others opinions on this when we open back up?
Lots of moving ball equations here.
On the one hand you have trapped shorters , jaded / bewildered longs who will want to get the fuck out plus insto rebalancing...... which will put pressure on the SP to the downside, but on the other hand, if AVZ is granted the ML, which also includes a good updated collaboration deal with CATH, plus a release of the updated BFS and confirmation that FT is indeed cleaning up the swamp and providing a better path way for international investment, then that could well and truly counter the bearish scenario.
Suffice to say, cant wait for that golden bell to arrive, confirming a bullish scenario, so we can all move past discussing corruption shit and actually discuss what matters the most, the developments of construction / production with divvies on top.
The dream is still very much alive for me, i still want to be a cog on the wheel to see Manono develop, the hugest, purest hard rock project in the world , which will be a huge influence to improving the lives of the DRC, but more importantly, a huge influence in getting our world carbon free......plus improve my bank balance exponentially.
Its all up to AVZ bod / DRC govt to realise that.
imo
It was probably over loaded with snacks too.......
Fuck me, does anything go right in DRC land ?
A post from the ESS forum interesting stuff:
Let's put things into perspective...here is a direct copy from the CXO quarterly report from a few days ago
- A shipment of 15,000dmt of DSO, with an average grade of
1.4% Li2O sold for US$951/dmtvia a tender using a digital
exchange platform.
Using the back of an envelope, if we simply put a lowball esimate on the value of say 1mil tonnes of DSO at say USD500(AUD700)per tonne given lower grade etc and a cost of mining and transport of say AUD250 per tonne, then we get AUD450m of net cash flow (LET'S SAY THAT AGAIN - $450M!!!!!!)....for only 1 million tonnes of our resource.
What is our current market capitalisation? Around $150m. Come on(?), to allow our company to be taken over at these prices would be crazy! I've been buying and will not be selling anywhere near current market valuation. TLEA knows the value, and surely so does MIN and various other potential suitors. Hold tight and consider buying if you can see the value that I can see.
regards
DF
The green dragon had put a pressie for the pope behind the curtains, so she would go to heaven and not Makala Prison.It was probably over loaded with snacks too.......
Fuck me, does anything go right in DRC land ?
The fukkin platform was not designed for a shitload of Cobalt Ore.
The ESS deal is pure horse crap...........management there has always been horse crap too.
Would love to do a bit of DSO with AVZ too.......
No doubt if everything goes positive with AVZ..............longer term $10 easy.
PLS.........$4.80, will probably be $10 EOY
AVZ needs the ML and a couple of years production before it gets anywhere near $10.
So thats another 4/5 years away..........assuming we eventually get the green light this year.
@Winenut is on the crack pipe............dont blame him tho.
This extended extension is making everyone...
Winenut
Go AVZ!
@BEISHA your charting is second to none but you have brush up on the psychology of "anchoring" in negotiationsThe ESS deal is pure horse crap...........management there has always been horse crap too.
Would love to do a bit of DSO with AVZ too.......
No doubt if everything goes positive with AVZ..............longer term $10 easy.
PLS.........$4.80, will probably be $10 EOY
AVZ needs the ML and a couple of years production before it gets anywhere near $10.
So thats another 4/5 years away..........assuming we eventually get the green light this year.
@Winenut is on the crack pipe............dont blame him tho.
This extended extension is making everyone...
View attachment 28317
$10......$10.........$10
If you superimpose the CXO deal for 1.4% Li2O @ US$ 951 to 1.65% Li2O, my old trusty HP calculator says ~US$1150....The ESS deal is pure horse crap...........management there has always been horse crap too.
Would love to do a bit of DSO with AVZ too.......
No doubt if everything goes positive with AVZ..............longer term $10 easy.
PLS.........$4.80, will probably be $10 EOY
AVZ needs the ML and a couple of years production before it gets anywhere near $10.
So thats another 4/5 years away..........assuming we eventually get the green light this year.
@Winenut is on the crack pipe............dont blame him tho.
This extended extension is making everyone...
View attachment 28317
BTW The Poster (dynofish) continues on the ESS forum and states that LTR is now planning to sell DSO for around $1bn in the next year and a half which product was designated as waste!
Interesting stuff
TheCount
Regular
Agreed. Isn't it funny that throughout the ENTIRE suspension process, people have been claiming "two weeks is a great sign" or "one month is a great sign" or "strategically aligning with XYZ" - and every single one of them has been wrong.
I understand human nature's need for 'certainty' but we're dealing with a BOD that has got absolutely no clue what is happening or when something is going to happen so save yourself a whole lot of grey hair and gloss over the news and move on..
Felix reminds me of Rudd - all show for the cameras and no substance.. I'm more worried about this than the ML.
When something big is happening you'll sense or see it, and won't miss out..
TC.
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