Winenut
Go AVZ!
Dont start me on Stalin or his love child Putin....
Poor taste
Best we leave that shit at the door....comrade
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Poor taste
Best we leave that shit at the door....comrade
There will be 30 from Northern NSW that will also be there.
Thunderpony
27 µg per 100 mL
We broke Tommy. Now he hates all lithium stocks. I guess Zijin are just trying to steal Manono for the lulz because apparently there is no money in mining it. What a fucking clown.
View attachment 29570
Lithium stock bubble pops for retail investors
Short-sellers are lifting bets against the most popular stocks to own among a new generation of investors in a direct clash of views.www.afr.com
Lithium stock bubble pops for retail investors
Benchmark lithium carbonate prices fell for an eleventh straight day in China on Monday to an 11-month low, as short sellers raised their bets on Australian lithium stocks falling in 2023.
The latest ASIC data shows that five of the 16 most shorted stocks on the ASX are lithium hopefuls, after a younger demographic of retail investors hooked on mobile share trading apps made the same businesses the most popular stocks to own in 2022.
Core Lithium, Liontown Resources, Lake Resources, Vulcan Energy and Sayona Mining all have between 6 per cent and 10 per cent of their outstanding shares shorted.
Core Lithium was the most popular stock to trade among retail traders using budget brokerage app Stake in 2022, with Lake Resources the fourth most popular stock to buy, and Sayona Mining the seventh most popular, Stake’s data shows.
In the past six months the short sellers won the upper hand over retail traders, with Core Lithium down 37 per cent, Lake Resources tumbling 52.7 per cent, and Sayona off 14.3 per cent.
The steep declines are on the back of valuation concerns, easing lithium prices and mixed operating updates.
Morgan Stanley’s forecasts
Morgan Stanley said it expects total lithium carbonate supply to increase from 684,000 tonnes in 2022 to 968,000 tonnes in 2023 and 1.24 million tonnes in 2024. Australia already leads the world as a supplier, ahead of China and Chile. Australia is expected to bring the most new supply to market between 2023 and 2025.
Morgan Stanley also expects the US and Canada to ramp up supply, but not until after 2025 as a bevy of Canadian lithium explorer hopefuls hit the ASX boards.
Long development times mean Morgan Stanley expects North America to contribute just 52,000 tonnes of lithium carbonate to global supply in 2025, before that jumps to 208,000 tonnes in 2030 as North American governments help finance the energy transition.
Elsewhere, broker Citi said Brazil is set to ship its first cargo of high-purity battery grade lithium to China in April.
Brazil will contribute about 51,000 tonnes per year of lithium carbonate to the market by 2025, which would equal 8.8 per cent of the total production out of Australia on Morgan Stanley’s numbers.
Four of the five most shorted lithium businesses are yet to reach production, as hedge funds bet the lithium boom will pass them by as more supply comes to market by 2030.
Spread the targets, hide behind 'bearish'.
Thunderpony
27 µg per 100 mL
"First" world originally referred to the capitalist and democratic countries aligned with the United States during the Cold War, while "second world" referred to the communist and socialist countries aligned with the Soviet Union.
"Third world" referred to countries that were not aligned with either side, and were often developing or newly independent.
"Third world" referred to countries that were not aligned with either side, and were often developing or newly independent.
DiscoDanNZ
Regular
We broke Tommy. Now he hates all lithium stocks. I guess Zijin are just trying to steal Manono for the lulz because apparently there is no money in mining it. What a fucking clown.
View attachment 29570
Lithium stock bubble pops for retail investors
Short-sellers are lifting bets against the most popular stocks to own among a new generation of investors in a direct clash of views.
Lithium stock bubble pops for retail investors
Benchmark lithium carbonate prices fell for an eleventh straight day in China on Monday to an 11-month low, as short sellers raised their bets on Australian lithium stocks falling in 2023.
The latest ASIC data shows that five of the 16 most shorted stocks on the ASX are lithium hopefuls, after a younger demographic of retail investors hooked on mobile share trading apps made the same businesses the most popular stocks to own in 2022.
Core Lithium, Liontown Resources, Lake Resources, Vulcan Energy and Sayona Mining all have between 6 per cent and 10 per cent of their outstanding shares shorted.
Core Lithium was the most popular stock to trade among retail traders using budget brokerage app Stake in 2022, with Lake Resources the fourth most popular stock to buy, and Sayona Mining the seventh most popular, Stake’s data shows.
In the past six months the short sellers won the upper hand over retail traders, with Core Lithium down 37 per cent, Lake Resources tumbling 52.7 per cent, and Sayona off 14.3 per cent.
The steep declines are on the back of valuation concerns, easing lithium prices and mixed operating updates.
Morgan Stanley’s forecasts
Morgan Stanley said it expects total lithium carbonate supply to increase from 684,000 tonnes in 2022 to 968,000 tonnes in 2023 and 1.24 million tonnes in 2024. Australia already leads the world as a supplier, ahead of China and Chile. Australia is expected to bring the most new supply to market between 2023 and 2025.
Morgan Stanley also expects the US and Canada to ramp up supply, but not until after 2025 as a bevy of Canadian lithium explorer hopefuls hit the ASX boards.
Long development times mean Morgan Stanley expects North America to contribute just 52,000 tonnes of lithium carbonate to global supply in 2025, before that jumps to 208,000 tonnes in 2030 as North American governments help finance the energy transition.
Elsewhere, broker Citi said Brazil is set to ship its first cargo of high-purity battery grade lithium to China in April.
Brazil will contribute about 51,000 tonnes per year of lithium carbonate to the market by 2025, which would equal 8.8 per cent of the total production out of Australia on Morgan Stanley’s numbers.
Four of the five most shorted lithium businesses are yet to reach production, as hedge funds bet the lithium boom will pass them by as more supply comes to market by 2030.
Not all lithium is dropping though Tommy, AVZ has been holding steady for coming up to 41 weeks now.
Fucken media scaremongering, its like when the 6 o'clock news says 'the ASX fell sharply today down .00025%' it's just a narrative.
Longunvest
Member
Bin59
Regular
Thanks, here’s the link to read the whole of Constantines conversation, as well as a quick look at the last few posts:
Samus
Top 20
Suspicions of fraud in Manono: The fortune of the CEO of AVZ amounted to 66 million dollars, yet the DRC got nothing
AVZ, initiator of the stagnation of the Dathcom mine for 6 years, once again puts itself at the center of concerns because COMINIERE requested the withdrawal of the PE from Dathcom and the Ministry of Mines reacted with a ministerial decree to withdraw the PE.
According to Australian media reports, AVZ said it owned 75% of the legal entity that controlled the exploration license, Dathcom Mining, and had reached an agreement to buy another 15%. In 2021, however, AVZ lost two separate challenges to its ownership, first to Chinese company Zijin Mining and another to a vehicle known as Dathomir. in May 2022 – AVZ never believed they were founded – as AVZ's shares on the stock market fell from 15 cents to $1.30, the company was valued at $4.6 billion. Nigel's fortune thus reached 66 million dollars.
According to an April 2022 statement from Dathcom, which is controlled solely by AVZ, it was confirmed that AVZ owned 60% of Dathcom's shares. In its market announcements, however, AVZ insisted that it owned 75% of the shares. Fraud, misleading advertising, non-disclosure of major information, contradictory information, its nature is thus fully revealed.
According to the same reports, AVZ still has $36 million in the bank. The company's top seven executives and chairman received $13.5 million last year, even though the company lost $20.4 million. At $3.2 million, Nigel was the highest paid.
In addition, Australian media recently revealed and reported on AVZ's alleged use of intermediaries in Congo to obtain the EP through bribes.
The huge amount of money and soaring stock prices have nothing to do with the Democratic Republic of Congo, the Manono region and its people. Six years have passed since January 2017 and the lithium mine is still dormant. The investments and development promised by AVZ have not been realized. This mine has brought no benefit to the country and the community. Manono's lithium mine is just a tool for Nigel and AVZ to hype and grab personal wealth, while the ASX is a platform for AVZ and Nigel to fake propaganda, insider trading and fraud.
According to letter N°CEM/DG/138/ckk/2022 of December 07, 2022 from the portfolio company COMINIERE, shareholder of DATHCOM MINING SA, and Ministerial Decree N°00031/CAB.MIN/MINES/01/2023 of the Ministry of Mines, the Dathcom PE was withdrawn because AVZ had chained violations of laws and contracts, false advertising, non-disclosure of major information, resale of shares, capital transactions, insider trading, abuse principal shareholder rights, etc. The purpose of the withdrawal of the EP by the State is to break the current stagnation of the mine and to maintain the economic security of Congo.
Australian media reports:
“AFR: From $4.6b to suspension: would-be lithium giant hid dispute”
https://www.afr.com/markets/equity-markets/avz-hides-dispute-over-title-to -vast-lithium-resource-in-congo-20221209-p5c502
“AFR: A Tasmanian geologist's fortune implodes in the Congo”
https://www.afr.com/companies/minin...fortune-implodes-in-the-congo-20230209-p5cj6d
“AFR: Lithium miner CEO proposed to pay Congo middleman $US6m””
https://www.afr.com/markets/equity-markets/avz-ceo-proposed-to-pay-congo-middleman-us6m-in-cash -shares-20230206-p5cidy
Suspicions de fraude à Manono : La fortune du DG d’AVZ s'élevait à 66 millions de dollars, pourtant la RDC n'a rien eu | Politico.cd
1ère source de l’actualité politique et économique en temps réel en RDC. Les dernières nouvelles, les enquêtes et les révélations exclusives.
www.politico.cd
Fletch77
Regular
Suspicions of fraud in Manono: The fortune of the CEO of AVZ amounted to 66 million dollars, yet the DRC got nothing
By Writing KinshasaFebruary 14, 2023 at 5:24 PM
AVZ, initiator of the stagnation of the Dathcom mine for 6 years, once again puts itself at the center of concerns because COMINIERE requested the withdrawal of the PE from Dathcom and the Ministry of Mines reacted with a ministerial decree to withdraw the PE.
According to Australian media reports, AVZ said it owned 75% of the legal entity that controlled the exploration license, Dathcom Mining, and had reached an agreement to buy another 15%. In 2021, however, AVZ lost two separate challenges to its ownership, first to Chinese company Zijin Mining and another to a vehicle known as Dathomir. in May 2022 – AVZ never believed they were founded – as AVZ's shares on the stock market fell from 15 cents to $1.30, the company was valued at $4.6 billion. Nigel's fortune thus reached 66 million dollars.
According to an April 2022 statement from Dathcom, which is controlled solely by AVZ, it was confirmed that AVZ owned 60% of Dathcom's shares. In its market announcements, however, AVZ insisted that it owned 75% of the shares. Fraud, misleading advertising, non-disclosure of major information, contradictory information, its nature is thus fully revealed.
According to the same reports, AVZ still has $36 million in the bank. The company's top seven executives and chairman received $13.5 million last year, even though the company lost $20.4 million. At $3.2 million, Nigel was the highest paid.
In addition, Australian media recently revealed and reported on AVZ's alleged use of intermediaries in Congo to obtain the EP through bribes.
The huge amount of money and soaring stock prices have nothing to do with the Democratic Republic of Congo, the Manono region and its people. Six years have passed since January 2017 and the lithium mine is still dormant. The investments and development promised by AVZ have not been realized. This mine has brought no benefit to the country and the community. Manono's lithium mine is just a tool for Nigel and AVZ to hype and grab personal wealth, while the ASX is a platform for AVZ and Nigel to fake propaganda, insider trading and fraud.
According to letter N°CEM/DG/138/ckk/2022 of December 07, 2022 from the portfolio company COMINIERE, shareholder of DATHCOM MINING SA, and Ministerial Decree N°00031/CAB.MIN/MINES/01/2023 of the Ministry of Mines, the Dathcom PE was withdrawn because AVZ had chained violations of laws and contracts, false advertising, non-disclosure of major information, resale of shares, capital transactions, insider trading, abuse principal shareholder rights, etc. The purpose of the withdrawal of the EP by the State is to break the current stagnation of the mine and to maintain the economic security of Congo.
Australian media reports:
“AFR: From $4.6b to suspension: would-be lithium giant hid dispute”
https://www.afr.com/markets/equity-markets/avz-hides-dispute-over-title-to -vast-lithium-resource-in-congo-20221209-p5c502
“AFR: A Tasmanian geologist's fortune implodes in the Congo”
https://www.afr.com/companies/minin...fortune-implodes-in-the-congo-20230209-p5cj6d
“AFR: Lithium miner CEO proposed to pay Congo middleman $US6m””
https://www.afr.com/markets/equity-markets/avz-ceo-proposed-to-pay-congo-middleman-us6m-in-cash -shares-20230206-p5cidy
Suspicions de fraude à Manono : La fortune du DG d’AVZ s'élevait à 66 millions de dollars, pourtant la RDC n'a rien eu | Politico.cd
1ère source de l’actualité politique et économique en temps réel en RDC. Les dernières nouvelles, les enquêtes et les révélations exclusives.
That shit just makes you’re fucking blood boil
.I hope those Zijin Kunts get fuck all out of this !!!
Fletch77
Regular
That shit just makes you’re fucking blood boil
I hope those Zijin Kunts get fuck all out of this !!!
And to make things worse that hit piece is quoting Tommy’s bullshit Grrrrrrr
Spikerama
Regular
Suspicions of fraud in Manono: The fortune of the CEO of AVZ amounted to 66 million dollars, yet the DRC got nothing
By Writing KinshasaFebruary 14, 2023 at 5:24 PM
AVZ, initiator of the stagnation of the Dathcom mine for 6 years, once again puts itself at the center of concerns because COMINIERE requested the withdrawal of the PE from Dathcom and the Ministry of Mines reacted with a ministerial decree to withdraw the PE.
According to Australian media reports, AVZ said it owned 75% of the legal entity that controlled the exploration license, Dathcom Mining, and had reached an agreement to buy another 15%. In 2021, however, AVZ lost two separate challenges to its ownership, first to Chinese company Zijin Mining and another to a vehicle known as Dathomir. in May 2022 – AVZ never believed they were founded – as AVZ's shares on the stock market fell from 15 cents to $1.30, the company was valued at $4.6 billion. Nigel's fortune thus reached 66 million dollars.
According to an April 2022 statement from Dathcom, which is controlled solely by AVZ, it was confirmed that AVZ owned 60% of Dathcom's shares. In its market announcements, however, AVZ insisted that it owned 75% of the shares. Fraud, misleading advertising, non-disclosure of major information, contradictory information, its nature is thus fully revealed.
According to the same reports, AVZ still has $36 million in the bank. The company's top seven executives and chairman received $13.5 million last year, even though the company lost $20.4 million. At $3.2 million, Nigel was the highest paid.
In addition, Australian media recently revealed and reported on AVZ's alleged use of intermediaries in Congo to obtain the EP through bribes.
The huge amount of money and soaring stock prices have nothing to do with the Democratic Republic of Congo, the Manono region and its people. Six years have passed since January 2017 and the lithium mine is still dormant. The investments and development promised by AVZ have not been realized. This mine has brought no benefit to the country and the community. Manono's lithium mine is just a tool for Nigel and AVZ to hype and grab personal wealth, while the ASX is a platform for AVZ and Nigel to fake propaganda, insider trading and fraud.
According to letter N°CEM/DG/138/ckk/2022 of December 07, 2022 from the portfolio company COMINIERE, shareholder of DATHCOM MINING SA, and Ministerial Decree N°00031/CAB.MIN/MINES/01/2023 of the Ministry of Mines, the Dathcom PE was withdrawn because AVZ had chained violations of laws and contracts, false advertising, non-disclosure of major information, resale of shares, capital transactions, insider trading, abuse principal shareholder rights, etc. The purpose of the withdrawal of the EP by the State is to break the current stagnation of the mine and to maintain the economic security of Congo.
Australian media reports:
“AFR: From $4.6b to suspension: would-be lithium giant hid dispute”
https://www.afr.com/markets/equity-markets/avz-hides-dispute-over-title-to -vast-lithium-resource-in-congo-20221209-p5c502
“AFR: A Tasmanian geologist's fortune implodes in the Congo”
https://www.afr.com/companies/minin...fortune-implodes-in-the-congo-20230209-p5cj6d
“AFR: Lithium miner CEO proposed to pay Congo middleman $US6m””
https://www.afr.com/markets/equity-markets/avz-ceo-proposed-to-pay-congo-middleman-us6m-in-cash -shares-20230206-p5cidy
Suspicions de fraude à Manono : La fortune du DG d’AVZ s'élevait à 66 millions de dollars, pourtant la RDC n'a rien eu | Politico.cd
1ère source de l’actualité politique et économique en temps réel en RDC. Les dernières nouvelles, les enquêtes et les révélations exclusives.
Nobody reads it. Don't bother retweeting it. Leave it alone and it will die.
Samus
Top 20
Absolutely, doesn't long for Zijin to pull some strings and spew more lies throughout the media if ever there is a sign of hope on our side.That shit just makes you’re fucking blood boil
I hope those Zijin Kunts get fuck all out of this !!!
A classic example of the damage that the AFR have done to the company.
Spikerama
Regular
Ok so this is as far as I have got with the counter. Just need to figure out how to make it update based on the date so it doesn't reset per use case.
Had some good advice from someone here on how to do that. Not sure if he want's me to share his name but I haven't yet been able to implement that advice correctly. It makes the dollar amount (counter) static.
Also need to figure out how to make it embeddable in social media. My secret mentor seems to think it's not possible due to in app security protocols.
Anyway, it looks cool
Had some good advice from someone here on how to do that. Not sure if he want's me to share his name but I haven't yet been able to implement that advice correctly. It makes the dollar amount (counter) static.
Also need to figure out how to make it embeddable in social media. My secret mentor seems to think it's not possible due to in app security protocols.
Anyway, it looks cool
Last edited:
Agree 100%
We've all seen this shit
So why do people continue to post it? Really why????
Once is enough
Same goes for the next bunch of lies
Spikerama
Regular
Ok so this is as far as I have got with the counter. Just need to figure out how to make it update based on the date so it doesn't reset per use case.
Had some good advice from someone here on how to do that. Not sure if he want's me to share his name but I haven't yet been able to implement that advice correctly. It makes the dollar amount (counter) static.
Also need to figure out how to make it embeddable in social media. My secret mentor seems to think it's not possible for in app security protocols.
Anyway, it looks cool
It's not optimised for mobile either so if it looks scrunched up on your handset, that's why.
At this point it would seem safe to assume that the DRC does not want AVZ to mine this, or at the very least is in some way incapable of providing the mining license.
Buy us out and lets move on. Even at $2, Zijin and DRC will make monster profits. Let the DRC deal with the consequences of corruption.
The alternative is this gets caught up in the courts for the next 2 years which no party wants.
Buy us out and lets move on. Even at $2, Zijin and DRC will make monster profits. Let the DRC deal with the consequences of corruption.
The alternative is this gets caught up in the courts for the next 2 years which no party wants.
Sorry Frank, lost interest in that article when i saw ......MORGAN STANLEY mentioned......We broke Tommy. Now he hates all lithium stocks. I guess Zijin are just trying to steal Manono for the lulz because apparently there is no money in mining it. What a fucking clown.
View attachment 29570
Lithium stock bubble pops for retail investors
Short-sellers are lifting bets against the most popular stocks to own among a new generation of investors in a direct clash of views.
Lithium stock bubble pops for retail investors
Benchmark lithium carbonate prices fell for an eleventh straight day in China on Monday to an 11-month low, as short sellers raised their bets on Australian lithium stocks falling in 2023.
The latest ASIC data shows that five of the 16 most shorted stocks on the ASX are lithium hopefuls, after a younger demographic of retail investors hooked on mobile share trading apps made the same businesses the most popular stocks to own in 2022.
Core Lithium, Liontown Resources, Lake Resources, Vulcan Energy and Sayona Mining all have between 6 per cent and 10 per cent of their outstanding shares shorted.
Core Lithium was the most popular stock to trade among retail traders using budget brokerage app Stake in 2022, with Lake Resources the fourth most popular stock to buy, and Sayona Mining the seventh most popular, Stake’s data shows.
In the past six months the short sellers won the upper hand over retail traders, with Core Lithium down 37 per cent, Lake Resources tumbling 52.7 per cent, and Sayona off 14.3 per cent.
The steep declines are on the back of valuation concerns, easing lithium prices and mixed operating updates.
Morgan Stanley’s forecasts
Morgan Stanley said it expects total lithium carbonate supply to increase from 684,000 tonnes in 2022 to 968,000 tonnes in 2023 and 1.24 million tonnes in 2024. Australia already leads the world as a supplier, ahead of China and Chile. Australia is expected to bring the most new supply to market between 2023 and 2025.
Morgan Stanley also expects the US and Canada to ramp up supply, but not until after 2025 as a bevy of Canadian lithium explorer hopefuls hit the ASX boards.
Long development times mean Morgan Stanley expects North America to contribute just 52,000 tonnes of lithium carbonate to global supply in 2025, before that jumps to 208,000 tonnes in 2030 as North American governments help finance the energy transition.
Elsewhere, broker Citi said Brazil is set to ship its first cargo of high-purity battery grade lithium to China in April.
Brazil will contribute about 51,000 tonnes per year of lithium carbonate to the market by 2025, which would equal 8.8 per cent of the total production out of Australia on Morgan Stanley’s numbers.
Four of the five most shorted lithium businesses are yet to reach production, as hedge funds bet the lithium boom will pass them by as more supply comes to market by 2030.
BRICK
Regular
$10.00
Easy $10 imho
Samus
Top 20
I'm sure others would rather be on top of every facet of the situation as I would.
It's clearly a pack of lies sure.
This is what Zijin are pumping out to mainstream media in the DRC, one article after another while AVZ rarely rates a positive mention.
No point pretending it doesn't exist.
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