AVZ Discussion 2022

[Doc]

Comforting to see @Deboss winking again

@JAG you might need to find room on that hat for 'AVZ expect the unexpected'

 

[Spikerama]

@JAG you might need to find room on that hat for 'AVZ expect the unexpected'

Better than "Green Lithium"

 

[Samus]

AVZ Minerals delivers more strong results from resource extension drilling at Manono​

Night shift drillers at Roche Dure.
AVZ Minerals Ltd (ASX:AVZ) continues to deliver strong results from mineral resource extension drilling at the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC).
The company has fielded encouraging results from the third consignment of four drill holes out of 45 originally planned resource drill holes at the Roche Dure North-East Extension.
Originally, the drilling program design was only meant to be for 45 holes, however, AVZ expanded this after a significant change in the geometry of the orebody meant that deeper drill holes were no longer needed.
Results from these holes confirm further widespread, high-grade spodumene lithium mineralisation including 113.33 metres at 1.79% lithium (Li2O) and 860ppm tin which includes a higher grade zone of 36.0 metres at 2.06% Li2O and 887ppm tin.
Notably, the 54 samples returned values greater than 2% including five individual samples grading greater than 3% Li2O with the highest value being from hole MO22DD009 from 56 to 58 metres downhole grading 4.39% Li2O.
Results from Section 8,400mN are evidence of the Roche Dure orebody dipping at significantly shallower angles than from the current orebody model.
This is significant in that it gives AVZ a better understanding of the shape of the orebody, which has allowed it to reinterpret the location of the upper pegmatite contact as well as tracking some higher-grade zones within the orebody. In effect, Roche Dure remains open both along strike and down dip.

Summary of pegmatite intervals and grades from MO22DD009 to MO22DD012.

Demonstrating solid grade​

“Despite recent holdups at the assaying facility in Perth due to unprecedented demand for lithium analyses, our third lot of four holes drilled at Roche Dure, continue to demonstrate solid grade continuity both along strike and down dip from the current open pit design,” AVZ’s managing director Nigel Ferguson says.
“Drill hole MO22DD010, however, demonstrates late-stage metasomatic alteration of the pegmatite which is found in some places. 48 holes have now been completed with 33 holes sampled and dispatched to the laboratory in Perth.
Additionally, eight holes have been geotechnically logged and selected core samples sent for specialist laboratory tests to allow for a new mine design to be created once the updated JORC2012 compliant mineral resource estimate is completed.
“The objectives of this current round of drilling are to shore up future mineable reserves based on a likely upgrade of resource tonnes generated from this current round of drilling.
"It should be noted that this drilling program has filled in existing gaps in the current geological model caused by previous access issues in wet areas and that the drilling will extend our knowledge of the Roche Dure orebody for a further 600 metres of strike length up to section line 8,400 metres north.”

AVZ Minerals delivers more strong results from resource extension drilling at Manono

AVZ Minerals Ltd (ASX:AVZ) continues to deliver strong results from mineral resource extension drilling at the Manono Lithium and Tin Project in the...

www.proactiveinvestors.com.au

 

[Carlos Danger]

CATH deal extended until 31st of March. Stays aligned with the suspension extension.

 

[mouseflying]

President’s daughter?
Interesting

 

[Nudedomas59]

President’s daughter?
Interesting
View attachment 30846

Who is the "they" she is referring to?

 

[Xerof]

It’s either the Chinese or the Chinese, take a guess

 

[Xerof]

Has anyone got any insight into what is happening with the Comminiere vs MMCS bullshit ICC case?

@9cardomaha maybe your sleuthing skills can enlighten?

 

[TDITD]

Yeah I agree it's better to do it all at once but Cominiere were probs thinking we will add it later as there is already data and it doesn't need to be included in the PR process. It can be added later under Article 77 of the mining code. AVZ have an offtake for tin with Kalon Resources so obviously it's all good now probs just CAMI being lazy with their website.
View attachment 30836

IMO it wasn’t added for a reason, probably to do with the fact there are already artisanal miners on our tenement looking for tin. Cuminhere and CAMI probably looking to set up an illegal chain much like the ones that operate for cobalt, kids involved seriously underpaid blackmarket goes to China usually, add in simon cong an hey presto you have won fuckwit bingo.
we were talking tin smelting and artisanal tin mining is roughly the same time Cominiere turned. With no tin on the pr we likely can’t mine it, so they shaft us. Then they do the illegal right on our doorstep, knowing the poor will riot if we stop it. Or maybe I’m paranoid and need a water

 

[TDITD]

Has anyone got any insight into what is happening with the Comminiere vs MMCS bullshit ICC case?

@9cardomaha maybe your sleuthing skills can enlighten?

You’ll be happy to know I wrote down the 90 days on a calendar.

The wife decided we don’t need that calendar, so it’s in a tip in Brisbane somewhere if you want to know

 

[TDITD]

Comforting to see @Deboss winking again

Do I sense a drinking game being formed ?

 

[MoneyBags1348]

I’m not sure what this is specifically referring to but thought I’d post it

Octroi « illégal » des avantages par les mandataires publics : Sama Lukonde appelé à siffler la fin de la récréation - Actu7.cd

Le Président de la République Démocratique du Congo (RDC) Félix-Antoine Tshisekedi Tshilombo a, lors de la 88è réunion du Conseil des Ministres qu'il a présidée par visioconférence, informé au Gouvernement que différentes patrouilles financières menées au niveau des entreprises et établissements...

actu7.cd

"illegal" Granting of benefits by public representatives: Sama Lukonde called to whistle the end of recess​

By:The Redaction
February 26, 2023
https://www.facebook.com/sharer.php...nde-appele-a-siffler-la-fin-de-la-recreation/

The President of the Democratic Republic of Congo (DRC) Félix-Antoine Tshisekedi Tshilombo, at the 88th meeting of the Council of Ministers he chaired by videoconference, informed the Government that various financial patrols carried out at the level of companies and public institutions report the "pressure exerted by newly appointed agents to grant themselves illegal advantages" under Decrees No. 13

According to the minutes of this weekly meeting, the Head of State recalled the requirement on the part of the supervisory authorities to ensure compliance with the principles of good management in the head of all representatives within companies and public institutions.

"A call to order should be sent to all public representatives by each of the responsible Ministers," notes the Council of Ministers.

According to Patrick Muyaya, Government spokesman who read this report on the antennas of Radio Télévision Nationale Congolaise (RTNC), Félix Tshisekedi asked the Prime Minister to do diligence to sign new decrees relating to the status of agents that can set the benefits of active and non-active agents once and for all.

Maybe it’s got something to do The Boss’s “expect the unexpected”

 

[Charbella]

I’m not sure what this is specifically referring to but thought I’d post it

Octroi « illégal » des avantages par les mandataires publics : Sama Lukonde appelé à siffler la fin de la récréation - Actu7.cd

Le Président de la République Démocratique du Congo (RDC) Félix-Antoine Tshisekedi Tshilombo a, lors de la 88è réunion du Conseil des Ministres qu'il a présidée par visioconférence, informé au Gouvernement que différentes patrouilles financières menées au niveau des entreprises et établissements...

actu7.cd

"illegal" Granting of benefits by public representatives: Sama Lukonde called to whistle the end of recess​

By:The Redaction
February 26, 2023
https://www.facebook.com/sharer.php?u=https://actu7.cd/2023/02/26/octroi-illegal-des-avantages-par-les-mandataires-publics-sama-lukonde-appele-a-siffler-la-fin-de-la-recreation/

The President of the Democratic Republic of Congo (DRC) Félix-Antoine Tshisekedi Tshilombo, at the 88th meeting of the Council of Ministers he chaired by videoconference, informed the Government that various financial patrols carried out at the level of companies and public institutions report the "pressure exerted by newly appointed agents to grant themselves illegal advantages" under Decrees No. 13

According to the minutes of this weekly meeting, the Head of State recalled the requirement on the part of the supervisory authorities to ensure compliance with the principles of good management in the head of all representatives within companies and public institutions.

"A call to order should be sent to all public representatives by each of the responsible Ministers," notes the Council of Ministers.

According to Patrick Muyaya, Government spokesman who read this report on the antennas of Radio Télévision Nationale Congolaise (RTNC), Félix Tshisekedi asked the Prime Minister to do diligence to sign new decrees relating to the status of agents that can set the benefits of active and non-active agents once and for all.

Maybe it’s got something to do The Boss’s “expect the unexpected”

Hi Bags, can’t make sense of this announcement. Care to elaborate?

 

[cruiser51]

IMO it wasn’t added for a reason, probably to do with the fact there are already artisanal miners on our tenement looking for tin. Cuminhere and CAMI probably looking to set up an illegal chain much like the ones that operate for cobalt, kids involved seriously underpaid blackmarket goes to China usually, add in simon cong an hey presto you have won fuckwit bingo.
we were talking tin smelting and artisanal tin mining is roughly the same time Cominiere turned. With no tin on the pr we likely can’t mine it, so they shaft us. Then they do the illegal right on our doorstep, knowing the poor will riot if we stop it. Or maybe I’m paranoid and need a water

I wonder if the artisan miners are going to dig 150 m. deep for 1000 ppm (=.1%) tin ore.

To bring that into perspective........ .1% of 1000 kg is 1 kg
Current tin price ~US$25,000/ton, or US$25/kg.

So to produce US$25 worth of tin, one will have to dig up 1 ton of ore and after the digging, process the ore and that is at 100% recovery rate.
That is roughly 1 carton of beer per ton of tin ore, without the cost of smelting the tin.

I rather drink the beer and watch them. fukit

 

[BenGriffo]

I wonder if the artisan miners are going to dig 150 m. deep for 1000 ppm (=.1%) tin ore.

To bring that into perspective........ .1% of 1000 kg is 1 kg
Current tin price ~US$25,000/ton, or US$25/kg.

So to produce US$25 worth of tin, one will have to dig up 1 ton of ore and after the digging, process the ore and that is at 100% recovery rate.
That is roughly 1 carton of beer per ton of tin ore, without the cost of smelting the tin.

I rather drink the beer and watch them. fukit

There is the alluvial tin on the flood plains and banks of the river (coupled with the tin mixed through the main ore body). My understanding was that AVZ was going to support the locals panning for it and pay/treat them properly for their service. Similarly, I would prefer to be drinking a tinny (sorry) or 10 too. Hard yakka but not as crazy as digging 150m deep

AVZ Minerals to evaluate alluvial tin potential at Manono lithium project

Advanced lithium explorer AVZ Minerals (ASX: AVZ) has unveiled an exploration target for the alluvial-hosted tin component of its flagship Manono spodumene project in the Democratic Republic of Congo.

smallcaps.com.au

 

[MoneyBags1348]

Hi Bags, can’t make sense of this announcement. Care to elaborate?

I guess it’s open to interpretation, I had a few thoughts on what it might mean but to be honest, I’m too tired tonight to work through it and express what I think so I just put the link here to be considered.

My thoughts on our overall situation…. based on speculation by @Deboss and others in private along with my view that AVZ would hold off drill assay results to as close as possible to the ML being granted is that progress may be being made behind the scenes and that’s how I relate to the link I posted above.

Don’t want to appear to have access to anything or be suggesting anything is imminent, just too tired to express myself better

@Xerof I came across the result of the ICC arbitration between MMC and Cominiere (2 or 3 weeks ago) but the site wouldn’t allow me to copy and paste the information so I saved the site on my phone and later fucken deleted the link and I looked everywhere for it the last few days and couldn’t find it. Really disappointed but I think I assumed after reading it that the case was over.

 

[Mr Inappropriate]

Comforting to see @Deboss winking again

Let’s be clear: @Deboss has now got 9 days for the ML to come through (a.k.a. the @Carlos Danger rule). If no ML after that date he gets a cock-punch from @MoneyBags1348.

 

[Hudnut]

I guess it’s open to interpretation, I had a few thoughts on what it might mean but to be honest, I’m too tired tonight to work through it and express what I think so I just put the link here to be considered.

My thoughts on our overall situation…. based on speculation by @Deboss and others in private along with my view that AVZ would hold off drill assay results to as close as possible to the ML being granted is that progress may be being made behind the scenes and that’s how I relate to the link I posted above.

Don’t want to appear to have access to anything or be suggesting anything is imminent, just too tired to express myself better

@Xerof I came across the result of the ICC arbitration between MMC and Cominiere (2 or 3 weeks ago) but the site wouldn’t allow me to copy and paste the information so I saved the site on my phone and later fucken deleted the link and I looked everywhere for it the last few days and couldn’t find it. Really disappointed but I think I assumed after reading it that the case was over.

I haven't been able to find anything either, but I understand after the last session on 16th Jan there is 30-90 days before a judgement. Today is day 42.

 

[The Fox]

I'd say this is article is relevant to AVZ, albeit indirectly

Gécamines : Tshisekedi nomme une nouvelle équipe "pour tenter de ressusciter l'entreprise" - Actu7.cd

La Générale des Carrières et des Mines a une nouvelle équipe. Le Chef de l'État Félix Tshisekedi a procédé à la nomination, par ordonnances présidentielles lues lundi 27 février dans la soirée sur la télévision nationale, de nouveaux animateurs de l'Eldorado congolais qui peine toujours à...

actu7.cd

 

[obe wan]

I guess it’s open to interpretation, I had a few thoughts on what it might mean but to be honest, I’m too tired tonight to work through it and express what I think so I just put the link here to be considered.

My thoughts on our overall situation…. based on speculation by @Deboss and others in private along with my view that AVZ would hold off drill assay results to as close as possible to the ML being granted is that progress may be being made behind the scenes and that’s how I relate to the link I posted above.

Don’t want to appear to have access to anything or be suggesting anything is imminent, just too tired to express myself better

@Xerof I came across the result of the ICC arbitration between MMC and Cominiere (2 or 3 weeks ago) but the site wouldn’t allow me to copy and paste the information so I saved the site on my phone and later fucken deleted the link and I looked everywhere for it the last few days and couldn’t find it. Really disappointed but I think I assumed after reading it that the case was over.

Was this the site @MoneyBags1348 ? Still down as pending ; pending decision I assume

Jus Mundi - Search Engine for International Law and Arbitration

Jus Mundi provides intelligent research tools for international arbitration lawyers. Rely on the most comprehensive and up to date international law resource on the market.

jusmundi.com