AVZ Discussion 2022

[BEISHA]

DRC Congo press discussing importance of Lithium again in this article

Actualité | Lithium de RDC : un minerai stratégique sur fond de conflit géopolitique | mediacongo.net

De toute évidence, le Congo compte réellement pour les États-Unis à cause de la géopolitique internationale. Et ce n’est pas pour rien. Le...

www.mediacongo.net

Obviously, Congo really matters to the United States because of international geopolitics. And it's not for nothing. The country is the largest cobalt producer in the world and the largest copper producer in Africa. That's not all: important strategic mineral deposits are also listed in its subsoil.

Manono's lithium is not only of interest to China. Canadians, Americans and Europeans are also on the breach.

U.S. INTEREST in Africa has declined significantly in recent years. With Joe Biden, the president of the United States, Washington wants to catch up with China and Russia, which are spectacularly extending their tentacles on the African continent. In this American quest to regain control in Africa, the Congo, where there are large deposits of lithium and other strategic minerals, represents great importance for Americans who seek to keep their traditional geopolitical influence there.

"Lithium is really the summary of the challenges of the world that is coming," analysts almost take up in chorus. It is certain, and in all likelihood, investors looking to possess one of the keys to the near future, should flock to the metal nicknamed "white gold" or "white oil", increasingly sought after and essential to carry out the energy transition. From batteries to medicines to batteries, the use of lithium has become essential to the manufacture of smartphones, computers, and especially the batteries of electric cars / EVs.

As a result, the price of lithium continues to rise. Analysts even predict that it should be multiplied by 40 by 2035, precisely because of the exploding demand. For example, the European Commission estimates that there will not be enough lithium mined to meet needs by 2030. And so the spectre of scarcity is already on the horizon.

Question: How much will the world need then? For the moment, it is difficult to give a precise answer while we are still in the middle of speculation, conjecture... And so, no one really knows what the future will be. Curious, however, to note that the world summit on lithium that was organized on November 28 and 29, 2022 in Buenos Aires, the Argentine capital, went largely unnoticed.

However, without lithium, there is no energy transition (?). The issue of lithium exploitation is today in a way a concentrate of the biggest geopolitical issues of the moment. Almost everything is there. White gold has become a crucial economic issue especially for car manufacturers and their customers who are considering owning an EV.

DRC's ambitions

On the subject of lithium exploitation, the Democratic Republic of Congo/DRC has crazy ambitions. The government wants to make the country a true world center for the manufacture of electric batteries. A project that is still littered with obstacles: poor state of roads, lack of electricity, lack of transparency, corruption... Will the DRC really be at the heart of the global energy transition tomorrow? This is in any case the ambition of the country's authorities who want to develop the country's lithium resources, by installing an electric battery manufacturing industry.

The country is said to have the largest reserves of hard rock lithium ever mined in the world. Only a reserve of 132 million tonnes has been proven and considered probable, and therefore immediately exploitable. It is also said that the DRC has the greatest potential on the African continent, which could make it the world's largest lithium producer ahead of Australia.

AVZ Minerals, an Australian company, plans to launch in 2023 the exploitation of this deposit considered the largest in the world, in the territory of Manono in the province of Tanganyika. This company has been present on the site since 2016 to develop a mine. Contemporary Amperex Technology Ltd/ CATL, a Chinese group and world leader in battery manufacturing, wants to partner with AVZ Minerals through its subsidiary Suzhou Cath Energy Technologies. CATL has put on the table $240 million for a 24% stake in the project and could spend up to $400 million in total.

The commissioning of the Manono mine is seen as a turning point by the Congolese government. Félix Antoine Tshisekedi Tshilombo, the President of the Republic, declares loud and clear that his country is "the most competitive destination in the world" to install battery manufacturing plants. In figures, the DRC hopes to capture part of the $ 8 trillion in revenue from the sale of EVs by 000, or $ 2025 trillion by 46. Indeed, a plant located in the DRC would cost less than in the United States or China.

Governance

Manono's lithium is not only of interest to China, the world leader in battery production. Other lithium electric battery plant construction projects are also being led by Canadians, Americans and Europeans. Apparently, the Westerners are capped to the post by the Chinese. Seemingly. Indeed, Joe Lowry, the founder of consulting firm Global Lithium, recently told Voice of America/VOA that Western lithium producers have been caught off guard by the growth of the EV industry, and thus, by the lithium rush.

He pointed out that lithium has been a tiny niche market for 7 decades, and the global market for lithium-based chemicals did not reach $1 billion until 2015. And for good reason, according to him, the industry was not prepared for the electrification of transportation. "You can build a huge battery factory like Tesla does in a few years. It takes up to ten years to bring a fully integrated lithium chemicals project online," Lowry said.

After investing ahead of the resource curve outside of China, Chinese producers are looking at India and Africa. Africa's lithium is increasingly coveted as more than half of the world's mineral resources are in South America and Australia. Chinese conglomerate BYD, headquartered in Shenzen, is reportedly negotiating the purchase of six new lithium mines in unspecified African countries, according to Reuters. In Zimbabwe, which has large untapped deposits, China is buying up mines. According to Reuters, Zhejiang Huayou Cobalt is investing $300 million in the Arcadia Lithium mine on the outskirts of Harare, the country's capital. There is talk of building a processing plant for 400,000 metric tons of lithium concentrate per year. Shenzhen Chengxin Lithium Group and Sinomine Resource Group are also investing in lithium in Zimbabwe.

This country, economically unstable and hit by Western sanctions, wants to become a major player in the flourishing lithium sector.

The Chinese company Ganfeng Lithium, which has the largest lithium production capacity in the world, will build in partnership with Leo Lithium Limited, an Australian firm, the first lithium mine in West Africa, in Mali. Estimated cost: more than 160 billion FCFA. The Goulamina hard rock mine is considered one of the highest quality lithium assets in the world.

It is now that the United States also recognizes the importance of Africa. Indeed, Africa has vast untapped energy deposits, which are essential for the transition to clean energy, including for mobile phones, aircraft engines, hybrid electric vehicles and missile guidance systems.


It's all discussing AVZ and CATL , no discussion of Zinjin, so perhaps USA applying pressure to get the mess sorted out and production started.

I reckon the US is our best chance of getting a good price if AVZ bod were considering a TO.

Price wouldnt be a object if it meant putting a spanner in the works of China gaining control of the biggest hard rock lithium project in the world by a country mile, thus controlling the price.


imo

 

[Onthefm]

I reckon the US is our best chance of getting a good price if AVZ bod were considering a TO.

Price wouldnt be a object if it meant putting a spanner in the works of China gaining control of the biggest hard rock lithium project in the world by a country mile, thus controlling the price.


imo

And a us company would have the ml in a Newyork second as us gov looks after their company's. Not like sleepy don't give a fuck australian government.

 

[geo_au]

I very much doubt AVZ are communicating in any way with zijin other than telling Cominiere that they need to sort their shit out with Zijin and get the project rolling…

harmonious relations is only between shareholders of which Zijin legally are not … all that is in that pot, is Dathcom , AVZ , Cominiere and possibly Dathomir .

Zijin only conjured ICC up, in order to try and force a position for themselves at the negotiating table ; Zijins issue lies with Cominiere not AVZ ; AVZ have ROFR, it should be Cominiere that should be bringing AVZ to ICC if they have acted above board and are certain AVZ is blocking the sale; of which Zijin have only ever paid a ‘deposit’ …no sale has crossed the line.

At this stage in my view ; AVZ would be nuts to entertain anything from Zijin unless it had real financial benefit / clout to the project ; we’ve been suspended 10 months ; walk with then into ICC if they wish….

It will be interesting to see what Zijins considers their case is and what the mechanics they are running on ; I reckon it will be a wet bag of shit that Zijin , Cominiere , MoP etc would prefer never to be opened as the only thing it’s going to burn up, is a lot of reputations excluding that of AVZ; it also potentially widens the avenues up even more so , for AVZ to seek significant damages from Cominiere /Zijin ; let the lawyers become another source of revenue to the Dathcom project imo.

A couple of months I’d have been on the side of ‘let’s negotiate with Zijin’ ; it’s now March 23… ICC April 23 .. unless the board have been advised by their legal eagles to possibly consider negotiating the 15% I say fuck them and march straight to ICC.

I think the harmonious discussions need to be happening between Zijin / Cominiere and certain ministers and the best thing they can do is say amongst themselves is that ye we had a good shot at trying to steal the Manono project , but it hasn’t gone to plan and attempts to lure AVZ to the table with legal threats hasn’t worked ; but we really need to cut our loses here and pull the hand break on this ICC event which will highly likely expose how corrupt all these parties involved against AVZ have been and legal cases are likely to roll out of the AVZ legal team in gathering damages and winks

Zijin is complaining that AVZ is not communicating with them. This could be because AVZ's legal team have advised the company against any communication with Zijin while the case is before the ICC. It also suggests Zijin is worried.

 

[SilentOne]

Question - Have the minutes been released and was there a conversation around the Mining Licence?

Regards,

SilentOne

 

[cruiser51]

Question - Have the minutes been released and was there a conversation around the Mining Licence?

Regards,

SilentOne

Sorry, undertitle + translation was no available.

Oops is now working, go to settings, subtitles and translate

 

[Largus Averta]

100% Nells. Fuck Zijin, fuck the corrupt ministers

I agree, but apparently that's naughty.

 

[Dazmac66]

Not surprising but zero discussion about Spike's giffs or Manono. Got their knickers in a knot about Macron visiting. Mark my words, that's my last council of ministers viewing!

 

[BRICK]

I agree, but apparently that's naughty.
View attachment 31212

Fuck hot crapper right in the pooper

 

[BEISHA]

I agree, but apparently that's naughty.
View attachment 31212

You gotta love TSE, express how you want , with impunity.......

Just breathe the wrong way at the hot crapper and be moderated......

HC AVZ discussion threads are dominated by salty dumb fuck TOLATE ...........is that linda ?

Meanwhile AVZ TSE discussion threads are full of intel , robust differing of opinions with respect and humour.


Where would you rather be ?


imo

 

[cruiser51]

Are we expecting the Minister of Mines to do something after she has cancelled the Decree ?

Yeah dance the cancan

 

[Mr Inappropriate]

Are we expecting the Minister of Mines to do something after she has cancelled the Decree ?

Ah yes, she’ll definitely do something at some time in the future.

 

[Winenut]

You gotta love TSE, express how you want , with impunity.......

Just breathe the wrong way at the hot crapper and be moderated......

HC AVZ discussion threads are dominated by salty dumb fuck TOLATE ...........is that linda ?

Meanwhile AVZ TSE discussion threads are full of intel , robust differing of opinions with respect and humour.


Where would you rather be ?


imo

Like and give a thumbs up if you're old enough, Hot Crappish enough, glad to be on TSE enough to remember Linda, IBruce, The Trading Tranny and her multiple and deranged personalities and psychotic comments on AVZ and many other stocks on the ASX

Lost more money than she ever earned I reckon

Probably still watching here and twitching to post ....but can't

Seriously it's gold

 

[wombat74]

My point is not that I want Zijin in ICC above anything else .. I just don’t want AVZ to give them anything unless we don’t have any choice.

It’s up to Zijin to decide how much of a hole in the head they want to be to all the parties which are likely to get exposed including themselves ; ideally they’d just pull the pin on the ICC case and decide that their pressure cookers didn’t have the desired effect ….

Mate riddle me this : If the Chinese( Zijin first up then Dathomir at a later date yet to be decided ) are happy to go down the ICC path BUT the MoM (who is in the Chinese pocket ) wants the Manono project progressing forward ASAP , then who out of the 3 participants : DCR corruptors aka MoP/ MoM /Cami / Cominiere ,The Chinese Corruptors or AVZ Minerals , who out of these 3 is the likely participant to go Arse up Charlie if they don't change their line of attack/ thinking ? Add to this 10 months of nowhere land already down the sh1tter with the clock ticking at a million miles an hour and a bank balance being drained buy the second . Plan B Nigel ? Nigel maybe right . He maybe Righteous. He maybe Noble . But what he cannot be is reckless with SH investment.

 

[Hemicuda]

Mate riddle me this : If the Chinese( Zijin first up then Dathomir at a later date yet to be decided ) are happy to go down the ICC path BUT the MoM (who is in the Chinese pocket ) wants the Manono project progressing forward ASAP , then who out of the 3 participants : DCR corruptors aka MoP/ MoM /Cami / Cominiere ,The Chinese Corruptors or AVZ Minerals , who out of these 3 is the likely participant to go Arse up Charlie if they don't change their line of attack/ thinking ? Add to this 10 months of nowhere land already down the sh1tter with the clock ticking at a million miles an hour and a bank balance being drained buy the second . Plan B Nigel ? Nigel maybe right . He maybe Righteous. He maybe Noble . But what he cannot be is reckless with SH money .

That ship has sailed wombi, reckless is all I see,,, love someone to show me different, I can’t find it,,,,, just fluff, wrapped up in an asx announcements, what has really happened in 10 months,,, apart from a few more core’s being drilled out of the ground?

 

[cruiser51]

Macron to DR Congo leaders:​

Do not look for culprits outside your country​

James Karuhanga
Saturday, March 04, 2023
Share
French President Emmanuel Macron on Saturday, March 4, advised the DR Congo leadership to look inward, stop living in denial about what really ails their country, as well as stop blaming other countries for all its ills.

During a joint press conference with Congolese President Felix Tshisekedi, in Kinshasa, Macron said: “Since 1994, you have never been able to restore the military, security or administrative sovereignty of your country. It's a reality. We must not look for culprits outside.”
Tshisekedi urged Macron to pursue international sanctions against Rwanda for its alleged support for the M23 rebellion, an allegation Kigali has refuted.

Relations between the two countries have gone from bad to worse in the past two years, with Kinshasa accusing Kigali of supporting the M23 rebels’ resurgence. Kigali maintains that the sustained collaboration between the Congolese army and armed groups, especially the FDLR – a militia formed nearly three decades ago by the masterminds of the 1994 genocide against the Tutsi – is at the heart of the insecurity affecting the region.

The FDLR, a UN sanctioned genocidal group based in eastern DR Congo for close to three decades, has launched attacks on Rwanda throughout the years, including in 2019 when fighters of its RUD Urunana faction killed 14 civilians in Musanze District in Northern Province.

A 2022 report by Pole Institute, a non-governmental organization operating in DR Congo, indicates that the genocidal militia makes enormous amounts of money in different illegal trade activities in eastern DR Congo. It shows that the economic empire of the FDLR is based on three pillars – illegal exploitation of the country’s timber, poaching, and collection of royalties for agriculture as well as transport exploitation.

Lately, 17 provincial members of parliament in North Kivu have asked President Felix Tshisekedi to address the issue of FDLR’s presence in eastern DR Congo as part of efforts to find a lasting solution to the crisis.
Peace talks aimed at restoring order in DR Congo have taken place in Nairobi, Kenya and Angola’s capital, Luanda as well as in Addis Ababa, Ethiopia, and New York, USA, among other places.

Regional leaders have called for a cease-fire in eastern DR Congo and for the M23 rebels to withdraw from territories they are holding, and the FDLR to disarm and embark on an unconditional repatriation. The M23 rebels withdrew from some areas but the genocidal militia has not budged.

President Paul Kagame has noted that blaming Rwanda without addressing the root causes of the conflict, which include failure by successive Congolese governments to honour several agreements it had signed with M23 to reintegrate them will not solve the problem.

Ahead of Macron’s arrival in Kinshasa, some Congolese demonstrated outside the French Embassy in Kinshasa and elsewhere against his trip to their country. Chanting “Macron assassin” or “Macron get out”, protestors accused Macron of backing Rwanda which their government claims is supporting the M23 rebels in eastern DR Congo.

The M23 rebels are fighting for the rights and the safety of their communities - Congolese Tutsi, who, for nearly 30 years, have been targeted and killed based solely on their ethnicity.
The continued persecution and a consistent threat to the lives and livelihood of Kinyarwanda speaking Congolese have forced close to 80,000 to seek refuge in Rwanda. Since November 2022, Rwanda has been receiving more than 100 Congolese refugees every day on average.

In February, Rwanda announced that it was reinforcing defensive and preventive mechanisms to guard against violations of the country’s airspace and borders, given its legitimate security concerns triggered by DR Congo's deliberate defiance of regional peace processes.

Some Congolese claim that Rwanda is backing the M23 rebels as part of Kigali’s ploy to plunder the country’s riches. But this theory is debunked by, among others, the simple fact that the country’s leaders have never used its enormous resources to benefit its citizens.

Much of the vast natural resource-rich country is mired in conflict, with more than 130 armed groups operating in the east alone. Despite being endowed with rich natural resources, the second-largest country in Africa is among the five poorest nations in the world.

According to the World Bank, DR Congo is endowed with exceptional natural resources, including minerals such as cobalt and copper, hydropower potential, significant arable land, immense biodiversity, and the world’s second-largest rainforest.

A long history of conflict, political upheaval and instability, and authoritarian rule have led to a grave, ongoing humanitarian crisis. In addition, thousands of Congolese citizens live in neighbouring countries as refugees while thousands others languish in internally displaced peoples’ camps in the country.

In 2021, nearly 64 percent of Congolese, just under 60 million people, lived on less than $2.15 a day. About one out of six people living in extreme poverty in Sub-Saharan Africa lives in DR Congo.

 

[Onthefm]

Macron to DR Congo leaders:​

Do not look for culprits outside your country​

James Karuhanga
Saturday, March 04, 2023
Share
French President Emmanuel Macron on Saturday, March 4, advised the DR Congo leadership to look inward, stop living in denial about what really ails their country, as well as stop blaming other countries for all its ills.

During a joint press conference with Congolese President Felix Tshisekedi, in Kinshasa, Macron said: “Since 1994, you have never been able to restore the military, security or administrative sovereignty of your country. It's a reality. We must not look for culprits outside.”
Tshisekedi urged Macron to pursue international sanctions against Rwanda for its alleged support for the M23 rebellion, an allegation Kigali has refuted.

Relations between the two countries have gone from bad to worse in the past two years, with Kinshasa accusing Kigali of supporting the M23 rebels’ resurgence. Kigali maintains that the sustained collaboration between the Congolese army and armed groups, especially the FDLR – a militia formed nearly three decades ago by the masterminds of the 1994 genocide against the Tutsi – is at the heart of the insecurity affecting the region.

The FDLR, a UN sanctioned genocidal group based in eastern DR Congo for close to three decades, has launched attacks on Rwanda throughout the years, including in 2019 when fighters of its RUD Urunana faction killed 14 civilians in Musanze District in Northern Province.

A 2022 report by Pole Institute, a non-governmental organization operating in DR Congo, indicates that the genocidal militia makes enormous amounts of money in different illegal trade activities in eastern DR Congo. It shows that the economic empire of the FDLR is based on three pillars – illegal exploitation of the country’s timber, poaching, and collection of royalties for agriculture as well as transport exploitation.

Lately, 17 provincial members of parliament in North Kivu have asked President Felix Tshisekedi to address the issue of FDLR’s presence in eastern DR Congo as part of efforts to find a lasting solution to the crisis.
Peace talks aimed at restoring order in DR Congo have taken place in Nairobi, Kenya and Angola’s capital, Luanda as well as in Addis Ababa, Ethiopia, and New York, USA, among other places.

Regional leaders have called for a cease-fire in eastern DR Congo and for the M23 rebels to withdraw from territories they are holding, and the FDLR to disarm and embark on an unconditional repatriation. The M23 rebels withdrew from some areas but the genocidal militia has not budged.

President Paul Kagame has noted that blaming Rwanda without addressing the root causes of the conflict, which include failure by successive Congolese governments to honour several agreements it had signed with M23 to reintegrate them will not solve the problem.

Ahead of Macron’s arrival in Kinshasa, some Congolese demonstrated outside the French Embassy in Kinshasa and elsewhere against his trip to their country. Chanting “Macron assassin” or “Macron get out”, protestors accused Macron of backing Rwanda which their government claims is supporting the M23 rebels in eastern DR Congo.

The M23 rebels are fighting for the rights and the safety of their communities - Congolese Tutsi, who, for nearly 30 years, have been targeted and killed based solely on their ethnicity.
The continued persecution and a consistent threat to the lives and livelihood of Kinyarwanda speaking Congolese have forced close to 80,000 to seek refuge in Rwanda. Since November 2022, Rwanda has been receiving more than 100 Congolese refugees every day on average.

In February, Rwanda announced that it was reinforcing defensive and preventive mechanisms to guard against violations of the country’s airspace and borders, given its legitimate security concerns triggered by DR Congo's deliberate defiance of regional peace processes.

Some Congolese claim that Rwanda is backing the M23 rebels as part of Kigali’s ploy to plunder the country’s riches. But this theory is debunked by, among others, the simple fact that the country’s leaders have never used its enormous resources to benefit its citizens.

Much of the vast natural resource-rich country is mired in conflict, with more than 130 armed groups operating in the east alone. Despite being endowed with rich natural resources, the second-largest country in Africa is among the five poorest nations in the world.

According to the World Bank, DR Congo is endowed with exceptional natural resources, including minerals such as cobalt and copper, hydropower potential, significant arable land, immense biodiversity, and the world’s second-largest rainforest.

A long history of conflict, political upheaval and instability, and authoritarian rule have led to a grave, ongoing humanitarian crisis. In addition, thousands of Congolese citizens live in neighbouring countries as refugees while thousands others languish in internally displaced peoples’ camps in the country.

In 2021, nearly 64 percent of Congolese, just under 60 million people, lived on less than $2.15 a day. About one out of six people living in extreme poverty in Sub-Saharan Africa lives in DR Congo.

Yep sell the fucking thing Nigel.

 

[cruiser51]

Politics

Congo President Tells Macron Conflict in East May Delay Election​

• French president says violators of peace process risk sanction
• Tshisekedi, Macron talk war, trade, climate at Congo meeting

Felix Tshisekedi, right, and Emmanuel Macron hold a joint press conference during their meeting at the Palace of the Nation in Kinshasa, Democratic Republic of the Congo, on March 4.Photographer: Ludovic Marin/AFP/Getty Images
By
Michael J Kavanagh
5 March 2023 at 00:42 GMT+8

Violence in eastern Democratic Republic of Congo that’s displaced nearly 7 million people could delay elections scheduled for December, President Felix Tshisekedi told French President Emmanuel Macron.
Voter enrollment has started in the rest of the country, and Tshisekedi, during a meeting Saturday in Kinshasa, urged Macron and the European Union to support a peace plan and a process for displaced people to return home and register to vote.
“If not, we risk a considerable delay that could impact the planned date” for the vote, Tshisekedi told reporters.

A surge in violence in eastern Congo has displaced more Congolese than at any time in the 30-year history of conflict in the region, according to United Nations figures. More than one hundred armed groups are active in the mineral-rich east, which borders Uganda, Rwanda and Burundi.

Residents dismantle a vehicle belonging to the UN Stabilization Mission in the Democratic Republic of Congo in Kanyaruchinya, Nyiragongo territory, DRC, on Feb. 8.
Photographer: Guerchom Ndebo/AFP/Getty Images

Tshisekedi and a UN group of experts accuse Rwanda of supporting one of the armed groups, the M23, which says it’s protecting Congolese of Rwandan heritage. An ongoing offensive by the group has forced hundreds of thousands to flee and threatens the trading hub of Goma.

Rwanda denies backing the rebels, and has committed to a regional peace plan overseen by ex-Kenyan President Uhuru Kenyatta and Angolan President Joao Lourenco.
“Those who are obstacles to this plan know what they’re exposed to, including sanctions,” Macron said.
Macron met with Lourenco on Friday as part of a four-nation tour to shore up French relations in Central Africa and highlight the importance of the Congo Basin, the world’s second largest tropical rainforest, in the fight against climate change.

On Saturday, Tshisekedi and Macron spoke about the protection of Congo’s forests as well as trade and the mining of strategic minerals. Congo is a major producer of copper and cobalt, key metals in the global energy transition.

The leaders discussed the support of French geological survey, BRGM, in mapping Congo’s mineral deposits, Tshisekedi said.
Both presidents also mentioned the checkered, post-colonial history of France in Africa, and called for a change in their relationship.
In 2021, Macron traveled to Rwanda to accept some responsibility for supporting the perpetrators of the 1994 genocide there. Violence later spread to eastern Congo; its legacy still haunts the region and is at the root of many of the east’s conflicts.

Macron pushed back against claims that France bore ongoing responsibility for the persistent violence.
“Since 1994, it’s not the fault of France, forgive me for saying it in such raw terms, that you have not been capable of restoring sovereignty — neither military, security, or administrative — in your country. This is the reality,” Macron said Saturday. “You don’t need to search for guilty parties outside the country.”

Congo was colonized by Belgium but has long had close ties to France. It’s now the world’s largest French-speaking nation and has become “the center of gravity” of the language, Macron said.

 

[obe wan]

Mate riddle me this : If the Chinese( Zijin first up then Dathomir at a later date yet to be decided ) are happy to go down the ICC path BUT the MoM (who is in the Chinese pocket ) wants the Manono project progressing forward ASAP , then who out of the 3 participants : DCR corruptors aka MoP/ MoM /Cami / Cominiere ,The Chinese Corruptors or AVZ Minerals , who out of these 3 is the likely participant to go Arse up Charlie if they don't change their line of attack/ thinking ? Add to this 10 months of nowhere land already down the sh1tter with the clock ticking at a million miles an hour and a bank balance being drained buy the second . Plan B Nigel ? Nigel maybe right . He maybe Righteous. He maybe Noble . But what he cannot be is reckless with SH investment.

you want me to riddle worst case scenario? of course, worst case scenario would be that AVZ goes arse up Charlie, as you put it .

If I thought, management weren't doing a thing about it and just swinging their dicks in Perth; AVZ lawyers and Million dollar man werent doing a tap and just buying Gucci manbags with shareholders coffers; US had zero say or care for the cause, AVZ were about to tell the drillers to drill another 20,000meters after this ;last hole in carrier ... then yes id probably be in the worse case scenario bus; but no i don't think any of those things, I hold a few million of these shares, so its been stressful, but management are very active in trying to get this resolved and in the DRC doing it...at this stage after all these months ; now is when I'm probably most comfortable with it all ...end is in sight ; of course we could get worse case scenario or a number of ok to great....either ways; it going to be an end to this shite from which we can move on from one way or the other.....ideally we'd never have been in this scenario, its certainly lead to a number of large magnifying glasses being pulled out...it has put the spotlight on Felix / DRC from a heavy foreign investment point of view.

Legally AVZ appear to have played well above board .... if companies invest in your country, they do everything right and above board...but you get fucked over anyway and the Chinese take what you've invested in ...and this continues under the FT era ...well then I think all the work that's been done in routing out corruption, IGF etc , US involvements etc etc has all been just a fake and DRC need to just learn that the Chinese is all they will ever deal with and the Congolaise people are just going to have to reside to the fact that they are slaves to the Chinese and reelect FT or maybe just bring back Kabaila at the next election because it doesnt really matter

 

[geo_au]

Then there's another scenario China controls the world and wombat becomes its slave i.e. has to work hard for 1 meal a day and loses his right to mouth off/whinge about the occupiers. This man's vision must be putting him close to ending up in the looney bin.

 

[wombat74]

Then there's another scenario China controls the world and wombat becomes its slave i.e. has to work hard for 1 meal a day and loses his right to mouth off/whinge about the occupiers. This man's vision must be putting him close to ending up in the looney bin.

Fair enough geo -au . Weren't you a top 20 holder in AVQ (Axiom Mining ) ranting about it's amazing future as you watched all of your investment go down the sh1tter . So I'll give you some cred for actually being someone who has experience in this kind of sh1t storm and coming up a sucker . I'm not bitching , I'm putting out the argument that a compromise is better than losing ones investment . Some want the all or nothing approach , give the Chinese nothing . That's cool but I don't agree and I'm just responding to that . And I'm cool with you being a smart arse . Water off a duck's back .