AVZ Discussion 2022

[geo_au]

The Prince's gardener just told me that we'll have an announcement on Friday. Don't tell anybody

Another extension which is already on the cards.

Go AVZ

 

[Xerof]

An important piece of this mess of a puzzle would be the outcome of the ICC case between COMINIERE and MMCS, over the 5% illegally granted to MMCS by our beloved Princess. COMINIERE really, really need this 5% back, to be able to cede 10% to DRC state, with the 15% remaining clear for us to be able to negotiate with DRC over (or worst case Zijin keeps it)

The last I heard was the parties had 90 days to come to an agreement, but nothing has surfaced.

Would anyone with Congolese connections other than Princes and self appointed entrepreneurs called William, like to make enquiries? Marius, Franck or Kiki might be able shed light on this (although things have gone frighteningly quiet over there since the Cabinet reshuffle)

 

[FilthyRich2]

Thanks TC, completely agree


Thanks TC, completely agree with your comments. Jan should be on top of the numbers (being AVZ’s accountant) but it would be interesting to try work out some new figures before him.

Regarding today’s news, there have been posts made here several times in the past about possible TO offers from the likes of Albermarle, BHP and FMG and the BOD not entertaining anything under $3.50…. Following today’s news on LTR, I suspect the BOD would be looking well above that now.

I liked the information by @FilthyRich2 on the a battery manufacturing plant and maybe CATH might be interested in it, not us. We are a mining company who will hopefully be producing in around two years…. Not sure why we would want to fuck around any more than we already have by being involved in battery manufacturing. Here’s the spod or pls, you do what ever you want with it, we’ve done everything so far and all you lot have done is slow up the process.

Not sure if CATH would even be happy about building a battery manufacturing plant in the DRC when they’ve already built them in China but who ever does it they have two years.

I love the way @Frank added more information on how the Chinese miners have ripped off the DRC immediately after your post, I added it straight to the thread with all the other info on how the Chinese have been ripping off the DRC…. Mostly info provided by Frank

Apart from that a couple of trolls posting something about me on here…. There’s a reason I ignore them, they have nothing to offer the threads other than trolling

A lot of posters don't understand the rules around SEZ eligibility in DRC , mining companies are not eligible for SEZ benefits in DRC, as they don't value add, however as we are processing the SC6 into PLS we are adding value to the mining of SC6 by conversion into PLS, we are eligible for inclusion in the SEZ to the extent of the PLS plant. The PLS plant ideally should be in a SEZ zone, but is currently not, so may be annexed under the Lubumbashi SEZ. The PLS plant is integral to the battery manufacture process, it needs to be completed before battery manufacturing is even piloted. Otherwise the SC6 from Manono needs to be sent to test lab in Canada and back to DRC. AVZ holds the technology for the PLS plant, and isn't likely to release the technology to others.

So we will effectively have a mining operation (outside of SEZ Eligibility and paying taxes at normal DRC rates) which then sells part of its product to a PLS facility (Bean counters , will note transfer pricing rules apply here, unlike corrupt Chinese, yes I am a bean counter like the Count and hung out at same watering holes , at the same time, so I may have met him) , the value add provided by the PLS plant (ie profit, will be eligible for a SEZ hopefully) , trusting that BOD has worked this out.

We kind of have a partial eligibility to be on the battery council, as we are integral part of value adding via PLS plant, ideally we could put PLS plant in Lubumbashi, to simplify, but BOD want jobs in Manono, that is PLS Plant 1 and 2, there is also a rumour of PLS plant 3, 4 & 5, no idea where they would be located. (but hopefully in SEZ zone in Lubumbashi or close by to spread the joy to the East of DRC)

The monster of Manono that we have will benefit the DRC via setting up these SEZ elibile plants close to adequate power plants (limiting factor as to why Manono only has PLS 1 and 2)

So whether we like it or not we are integral to battery manufacturing in DRC, its just that the MK2 battery council hasn't worked this out yet

Huge profitability in developing the PLS plants in DRC, forget the Liontown, offer , not only do we have the resource, we have technology ready to rollout to take advantage of the lowest cost production of batteries in the world, and expand within country, wherever their is suitable power stations and infrastructure. $12 plus share price is a reality , our offer to DRC government is they will get 20% of what we get as a shareholder in the Dathcom venture (10% Dathcom / 10% AVZ), Zero cost base, say equivalent

AVZ 350 Million Shares as part of 15% offer (10% holding) x $12 then double it for their direct holding (my calculator doesnt have enough digits to work out the bonanza DRC goverment is sitting on , but has utterly lost track due to corruption and incompetance)

 

[Charbella]

Another extension which is already on the cards.

Go AVZ

Another extension?

 

[geo_au]

Another extension?

The ML hasn't been awarded yet so clearly we will have another extension.

 

[MoneyBags1348]

A lot of posters don't understand the rules around SEZ eligibility in DRC , mining companies are not eligible for SEZ benefits in DRC, as they don't value add, however as we are processing the SC6 into PLS we are adding value to the mining of SC6 by conversion into PLS, we are eligible for inclusion in the SEZ to the extent of the PLS plant. The PLS plant ideally should be in a SEZ zone, but is currently not, so may be annexed under the Lubumbashi SEZ. The PLS plant is integral to the battery manufacture process, it needs to be completed before battery manufacturing is even piloted. Otherwise the SC6 from Manono needs to be sent to test lab in Canada and back to DRC. AVZ holds the technology for the PLS plant, and isn't likely to release the technology to others.

So we will effectively have a mining operation (outside of SEZ Eligibility and paying taxes at normal DRC rates) which then sells part of its product to a PLS facility (Bean counters , will note transfer pricing rules apply here, unlike corrupt Chinese, yes I am a bean counter like the Count and hung out at same watering holes , at the same time, so I may have met him) , the value add provided by the PLS plant (ie profit, will be eligible for a SEZ hopefully) , trusting that BOD has worked this out.

We kind of have a partial eligibility to be on the battery council, as we are integral part of value adding via PLS plant, ideally we could put PLS plant in Lubumbashi, to simplify, but BOD want jobs in Manono, that is PLS Plant 1 and 2, there is also a rumour of PLS plant 3, 4 & 5, no idea where they would be located. (but hopefully in SEZ zone in Lubumbashi or close by to spread the joy to the East of DRC)

The monster of Manono that we have will benefit the DRC via setting up these SEZ elibile plants close to adequate power plants (limiting factor as to why Manono only has PLS 1 and 2)

So whether we like it or not we are integral to battery manufacturing in DRC, its just that the MK2 battery council hasn't worked this out yet

Huge profitability in developing the PLS plants in DRC, forget the Liontown, offer , not only do we have the resource, we have technology ready to rollout to take advantage of the lowest cost production of batteries in the world, and expand within country, wherever their is suitable power stations and infrastructure. $12 plus share price is a reality , our offer to DRC government is they will get 20% of what we get as a shareholder in the Dathcom venture (10% Dathcom / 10% AVZ), Zero cost base, say equivalent

AVZ 350 Million Shares as part of 15% offer (10% holding) x $12 then double it for their direct holding (my calculator doesnt have enough digits to work out the bonanza DRC goverment is sitting on , but has utterly lost track due to corruption and incompetance)

This is what I like about this forum, when knowledgeable people like you share valuable information like this. Can't tell you how much I appreciate your information.... Nothing to do with corruption but really important for our processes and share price when coming out of suspension and moving forward again

Sincere thanks FR

 

[Remark]

The ML hasn't been awarded yet so clearly we will have another extension.

Thank you Captain Obvious

 

[tonster66]

The chinese are starting to blame the corrupt officials. The corrupt officials will start to detail the bribes of the chinese. Interesting times ahead. IMO

 

[wombat74]

An important piece of this mess of a puzzle would be the outcome of the ICC case between COMINIERE and MMCS, over the 5% illegally granted to MMCS by our beloved Princess. COMINIERE really, really need this 5% back, to be able to cede 10% to DRC state, with the 15% remaining clear for us to be able to negotiate with DRC over (or worst case Zijin keeps it)

The last I heard was the parties had 90 days to come to an agreement, but nothing has surfaced.

Would anyone with Congolese connections other than Princes and self appointed entrepreneurs called William, like to make enquiries? Marius, Franck or Kiki might be able shed light on this (although things have gone frighteningly quiet over there since the Cabinet reshuffle)

It's also going to give us an indication on how the ICC run their show and how the DRC respond to the ICC decision . MMCS got blown out of the water . It's clear cut . Why is it taking so long ?

 

[obe wan]

An important piece of this mess of a puzzle would be the outcome of the ICC case between COMINIERE and MMCS, over the 5% illegally granted to MMCS by our beloved Princess. COMINIERE really, really need this 5% back, to be able to cede 10% to DRC state, with the 15% remaining clear for us to be able to negotiate with DRC over (or worst case Zijin keeps it)

The last I heard was the parties had 90 days to come to an agreement, but nothing has surfaced.

Would anyone with Congolese connections other than Princes and self appointed entrepreneurs called William, like to make enquiries? Marius, Franck or Kiki might be able shed light on this (although things have gone frighteningly quiet over there since the Cabinet reshuffle)

From memory that case was around the 13th’ish’ of Jan ; so 90 calendar days with be with the next two weeks ‘ish’

ICC clearly act like a government department ; get given 90 days to make a decision and looks like they take every minute of it

The way it came across was that MMC basically got steamrolled…. It’s bollox if that’s the case and ICC run down the whole 90 days when they prob lt could have done it in 30

 

[Onthefm]

It's also going to give us an indication on how the ICC run their show and how the DRC respond to the ICC decision . MMCS got blown out of the water . It's clear cut . Why is it taking so long ?

Because no matter how simple or straightforward a situation is. when these parasite lawers get involved it becomes not simple and not straightforward it becomes a nightmare that costs infinitely more than you could possibly think. And they are all mates.

 

[obe wan]

Because no matter how simple or straightforward a situation is. when these parasite lawers get involved it becomes not simple and not straightforward it becomes a nightmare that costs infinitely more than you could possibly think. And they are all mates.

Well maybe Marius gets a bit more incentive to upping it up a gear and pushing it out of ‘lawyers time’ , because the LTR offer today does up markets perception of Lithium resources valuations....so those shares that he’ll pick up when ML gets across the line should provide him with added bonus

 

[Roon]

Well maybe Marius gets a bit more incentive to upping it up a gear and pushing it out of ‘lawyers time’ , because the LTR offer today does up markets perception of Lithium resources valuations....so those shares that he’ll pick up when ML gets across the line should provide him with added bonus

I thought the shares and cash success bonus plans were rejected after legal DD

 

[Onthefm]

Well maybe Marius gets a bit more incentive to upping it up a gear and pushing it out of ‘lawyers time’ , because the LTR offer today does up markets perception of Lithium resources valuations....so those shares that he’ll pick up when ML gets across the line should provide him with added bonus

Indeed it will. Go you greedy thing! Go!

 

[obe wan]

I thought the shares and cash success bonus plans were rejected after legal DD

Pretty sure in the interview he said he was to receive part shares in lieu of cash as payment

 

[Onthefm]

From memory that case was around the 13th’ish’ of Jan ; so 90 calendar days with be with the next two weeks ‘ish’

ICC clearly act like a government department ; get given 90 days to make a decision and looks like they take every minute of it

The way it came across was that MMC basically got steamrolled…. It’s bollox if that’s the case and ICC run down the whole 90 days when they prob lt could have done it in 30

Minutes

 

[djhome]

Whales are ready, just waiting around ready for some action

 

[wombat74]

From memory that case was around the 13th’ish’ of Jan ; so 90 calendar days with be with the next two weeks ‘ish’

ICC clearly act like a government department ; get given 90 days to make a decision and looks like they take every minute of it

The way it came across was that MMC basically got steamrolled…. It’s bollox if that’s the case and ICC run down the whole 90 days when they prob lt could have done it in 30

It's already over 100 days so it should be imminent .

 

[Hodlandwin69]

It's already over 100 days so it should be imminent .

It's been like 74 days since then. But I think the end of the hearing was like the 18th Jan decision due in about 3 weeks

 

[obe wan]

It's already over 100 days so it should be imminent .

Had a root around after reading your reply wombat ; but case was16th of Jan since the hearing started , so we still have around 2-3 weeks to go for the 90 days, but fucking hell ; time costs $$$ and these arbitrator act like they are on day works clocking and clocking ever every day of their allocation