Samus
Top 20
You mean like giving in to bribery and paying Cong 50 mil opening the flood gates to have Chinese and corrupt officials crawling all over eachother to grab nigel by the balls and demand a slice of pie?
Just another way to look at it.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Just another way to look at it.
Grabbing nigle by the dolls and demanding a bigger slice. Isn't that exactly what has happened? Even with all the drc laws and all the secret squirrel shit.
Rediah
Regular
Not AVZ related, but still indirectly it is.
I am not worried about us missing out on selling our goods, as long as we are allowed to mine, we will be fine
$5 $10 $15 $20
"That will need a lot of lithium," he said, according to The Detroit News. "Not only the lithium may not be enough, but the concentration of the mining of lithium may create other geopolitical issues."
I am not worried about us missing out on selling our goods, as long as we are allowed to mine, we will be fine
$5 $10 $15 $20
"That will need a lot of lithium," he said, according to The Detroit News. "Not only the lithium may not be enough, but the concentration of the mining of lithium may create other geopolitical issues."
Nothing new here, but just another deeply concerning video about the engrained deep rooted influence China has in not only the DRC but Africa as a whole.
In essence, China controls Africa and its decision making, which no doubt , is the core problem with AVZ obtaining a ML.
With the sheer size and grade of Manono as per this bubble chart (with AVZ bubble only representing RD and not CDL, so potentially 3 / 4 times bigger ), it completely encapsulates its world peers , so China influence is working really hard to garner control of this project , so they can ultimately control the global lithium price mechanism, like they do with rare earths and other commodities.
China has long seen Africa as the mineral solution to the worlds needs, which is why they have muscled their way into African culture decades before the west , belatedly the US and other european countries have seen the light and now making overtures towards Africa, so now its become a geopolitical football with China being the front runner by a country mile.
Speaking of geopolitical footballs, and this is slightly offtopic when it comes to the fight for Manono, but never the less demonstrates the lengths via corruption or otherwise China is prepared to go for world dominance......semiconductor micro chips.
You might have read stories about chip embargoes directed towards China from the west recently, well the facts remain, China is not a country that revolutionises technology, it steals technology ( similar to what they are trying to do with Manono ) or uses its financial clout to buy out leading companies.......something they have been doing for decades .
This is a fascinating video below that depicts that fact
So what is the REAL reason why China wants to invade / control TAIWAN ?
Forget about all this sovereignty bullshit that China claims it has over Taiwan and they should re unite , China couldnt give a shit about that........it has other motives, which also explains why the US are prepared to defend Taiwan even tho its not a NATO member......
I guess why i am highlighting all these reveals , which as i said before is nothing new if you study China progression over the years, is that i really didnt like the tone of the belated AVZ announcement via the ASX on Friday.........
"The Company is concerned that the continued activity of the hostile non-state
actors may influence the decisions of the key authorities in DRC in a manner that
is contrary to applicable law and materially adverse to the interests of the
Company."
I am not suggesting for one minute that Manono will be stolen from us completely, but me thinks that serious concessions will have to be considered by the BOD due to the mighty influence that China has over the DRC and FT, otherwise you would of thought that the IGF report would have been honoured and acted on a long time ago
Food for thought
imo
In essence, China controls Africa and its decision making, which no doubt , is the core problem with AVZ obtaining a ML.
With the sheer size and grade of Manono as per this bubble chart (with AVZ bubble only representing RD and not CDL, so potentially 3 / 4 times bigger ), it completely encapsulates its world peers , so China influence is working really hard to garner control of this project , so they can ultimately control the global lithium price mechanism, like they do with rare earths and other commodities.
China has long seen Africa as the mineral solution to the worlds needs, which is why they have muscled their way into African culture decades before the west , belatedly the US and other european countries have seen the light and now making overtures towards Africa, so now its become a geopolitical football with China being the front runner by a country mile.
Speaking of geopolitical footballs, and this is slightly offtopic when it comes to the fight for Manono, but never the less demonstrates the lengths via corruption or otherwise China is prepared to go for world dominance......semiconductor micro chips.
You might have read stories about chip embargoes directed towards China from the west recently, well the facts remain, China is not a country that revolutionises technology, it steals technology ( similar to what they are trying to do with Manono ) or uses its financial clout to buy out leading companies.......something they have been doing for decades .
This is a fascinating video below that depicts that fact
So what is the REAL reason why China wants to invade / control TAIWAN ?
Forget about all this sovereignty bullshit that China claims it has over Taiwan and they should re unite , China couldnt give a shit about that........it has other motives, which also explains why the US are prepared to defend Taiwan even tho its not a NATO member......
I guess why i am highlighting all these reveals , which as i said before is nothing new if you study China progression over the years, is that i really didnt like the tone of the belated AVZ announcement via the ASX on Friday.........
"The Company is concerned that the continued activity of the hostile non-state
actors may influence the decisions of the key authorities in DRC in a manner that
is contrary to applicable law and materially adverse to the interests of the
Company."
I am not suggesting for one minute that Manono will be stolen from us completely, but me thinks that serious concessions will have to be considered by the BOD due to the mighty influence that China has over the DRC and FT, otherwise you would of thought that the IGF report would have been honoured and acted on a long time ago
Food for thought
imo
Nothing new here, but just another deeply concerning video about the engrained deep rooted influence China has in not only the DRC but Africa as a whole.
In essence, China controls Africa and its decision making, which no doubt , is the core problem with AVZ obtaining a ML.
View attachment 33425
With the sheer size and grade of Manono as per this bubble chart (with AVZ bubble only representing RD and not CDL, so potentially 3 / 4 times bigger ), it completely encapsulates its world peers , so China influence is working really hard to garner control of this project , so they can ultimately control the global lithium price mechanism, like they do with rare earths and other commodities.
China has long seen Africa as the mineral solution to the worlds needs, which is why they have muscled their way into African culture decades before the west , belatedly the US and other european countries have seen the light and now making overtures towards Africa, so now its become a geopolitical football with China being the front runner by a country mile.
Speaking of geopolitical footballs, and this is slightly offtopic when it comes to the fight for Manono, but never the less demonstrates the lengths via corruption or otherwise China is prepared to go for world dominance......semiconductor micro chips.
You might have read stories about chip embargoes directed towards China from the west recently, well the facts remain, China is not a country that revolutionises technology, it steals technology ( similar to what they are trying to do with Manono ) or uses its financial clout to buy out leading companies.......something they have been doing for decades .
This is a fascinating video below that depicts that fact
So what is the REAL reason why China wants to invade / control TAIWAN ?
Forget about all this sovereignty bullshit that China claims it has over Taiwan and they should re unite , China couldnt give a shit about that........it has other motives, which also explains why the US are prepared to defend Taiwan even tho its not a NATO member......
I guess why i am highlighting all these reveals , which as i said before is nothing new if you study China progression over the years, is that i really didnt like the tone of the belated AVZ announcement via the ASX on Friday.........
"The Company is concerned that the continued activity of the hostile non-state
actors may influence the decisions of the key authorities in DRC in a manner that
is contrary to applicable law and materially adverse to the interests of the
Company."
I am not suggesting for one minute that Manono will be stolen from us completely, but me thinks that serious concessions will have to be considered by the BOD due to the mighty influence that China has over the DRC and FT, otherwise you would of thought that the IGF report would have been honoured and acted on a long time ago
Food for thought
imo
Great insight Biesha. I have said it before, unfortunately China is in Mr Presidents ear and pocket. There is no other plausible explanation for his silence and inaction.
9cardomaha
Regular
Realizing that Harare is in Zimbabwe, we could also be getting help from the Canadian Embassy in Kinshasa which would be nice in addition to the US. https://www.dfat.gov.au/geo/congo-democratic-republic-of
Scoota30
Regular
Auto translate must be broken, the Chinese ambassador to the DRC is agreeing with the DRC Gov??
https://mines.cd/rdc-accusee-de-vol...diatement-en-conformite-aux-lois-congolaises/
https://mines.cd/rdc-accusee-de-vol...diatement-en-conformite-aux-lois-congolaises/
Winenut
Go AVZ!
I'm back @John25
Roadtrip to Ballarat for a gig with a mate
Been away since Thursday
Back on deck now
I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle
Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill
So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ
Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem
Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:
Ministers we don't want and with question marks over their heads....still there
Felix Tshisekedi....still silent and no action
Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be
Response to the IGF report....still nothing actioned in regard to the explicit findings
Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me
AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept
On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday
John25
Regular
Give an idea of playlistI'm back @John25
Roadtrip to Ballarat for a gig with a mate
Been away since Thursday
Back on deck now
I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle
Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill
So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ
Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem
View attachment 33436
Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:
Ministers we don't want and with question marks over their heads....still there
Felix Tshisekedi....still silent and no action
Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be
Response to the IGF report....still nothing actioned in regard to the explicit findings
Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me
AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept
On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday
obe wan
Regular
April fools day
MoneyBags1348
Top 20
I'm back @John25
Roadtrip to Ballarat for a gig with a mate
Been away since Thursday
Back on deck now
I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle
Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill
So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ
Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem
View attachment 33436
Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:
Ministers we don't want and with question marks over their heads....still there
Felix Tshisekedi....still silent and no action
Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be
Response to the IGF report....still nothing actioned in regard to the explicit findings
Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me
AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept
On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday
Nuts you missed the the most important news of all. Nells had a pretty decent crack at the Mantle while you were away…. I nearly awarded it to her
Winenut
Go AVZ!
Nothing you'd know mateGive an idea of playlist
....all originals from a low-fi, underground, indie guitar, pop/rock with a slight twang, bunch of washed-up old has-beens!But still a heap of fun
Tell me something . How did we gET from this:I'm back @John25
Roadtrip to Ballarat for a gig with a mate
Been away since Thursday
Back on deck now
I see a lot's been happening while I've been indulging in the rock 'n roll lifestyle
Can't add much to the discussion around the announcement but for me management seem to have now somewhat more openly stated that they are indeed pushing shit up a big, fat, fucking compromised/corrupt hill
So it's nothing we didn't know......just now it's being communicated to the market directly from AVZ
Some of the new language in the announcement did zap my confidence a bit ....particularly this little gem
View attachment 33436
Unfortunately, on-balance, what I've seen recently has not instilled me with any renewed confidence:
Ministers we don't want and with question marks over their heads....still there
Felix Tshisekedi....still silent and no action
Illegal sales and dodgy deals from Cominiere.......not reversed and no indication they will be
Response to the IGF report....still nothing actioned in regard to the explicit findings
Potential ongoing issues with our continued security and confidentiality in our discussions and dealings....fuck me
AVZ Management now calling in the troops from The Australian Embassy in Harare to assist .......Jesus wept
On the bright side.....it was a fucking great gig and a hoot at the Ballarat Trades Hall on Friday
"The Company is confident of a positive outcome in relation to the award of the Mining Licence." 22/03 /23
TO the perception we are flogging a dead horse . 31/ 03 / 23. ???
It might have something to do with the ASX ?
If were take a look at the Half Yearly report only a few weeks ago we see this :
"The Company has become aware of the conduct of various non-state actors generally compromising AVZ’s ability to develop the Manono Project, including by surreptitiously obtaining unauthorised access to and disseminating AVZ’s confidential and legally privileged information."
There is nothing in the latest announcement we didn't already know . ASX have just asked for more detail because on a daily basis I am sure they are getting pressure from shareholders / shorters and those anti AVZ to end this suspension and start trading .
Maybe shorters and anti avz'ers not well informed shareholders..
Carlos Danger
Top 20
The announcement reads to me like the preparation for a deal being made with Cominiere. The legal talk is all about letting shareholders know that management think that a path forward where we retain all of our legal rights is unlikely at this stage imo. The hope that the reshuffle would bring an outlet for justice has proven to be as useless as a cowardly lion.
There's a good chance that we will be forced to trade on Monday or soon after. The ASX are obviously asking what material progress has been made since suspension began. Management seem to be trying to extend it on interference grounds but I doubt that will hold sway now given the fact that we have gone backwards on paper compared to 11 months ago. The meeting this week in Manono, while positive in intent, gives a crystal clear indication that we are no closer to an outcome than when suspension started. This time last year we were trading in basically the same position. No decree for a PE and a PR for 221 carrés of 13359.
I still think that a big reason management went into suspension was to preserve the value of their offer to the DRC government for the 15% from Cominiere being eroded by the delays, disinformation and share price manipulation caused by Zijin. If we do trade before the Mining Licence is issued then our offer to the DRC government will potentially be greatly diminished if the share price crashes. We can still offer the same amount but would need to do so at a higher dilution of existing shareholder value.
Ultimately pragmatism is now the order of the day. It's what the Chinese do better than most imo. I can't blame them for wanting control. Look at the top 20. When the chips were down it was Chinese money that kept things rolling along at Manono a lot of the time. I'm sure they are still happy to play the long game. 51% now and let's see what happens with the 5% needed to cede to the DRC government when the PE is renewed each time (DRC mining code Article 80h). Just a small blip on the lifespan of this mine.
So management have a choice. Either take 51% now or risk being forced to trade without the ML. I think the timing and content of this latest announcement speaks volumes as to what their next move will be. I just hope whatever happens next it is announced on time. It is an absolute embarrassment to both AVZ and the ASX that we should have technically started trading yesterday but didn't. I understand why but when there are international investors staying up through the night due to the uncertainty it reflects poorly on us as a country. I can tolerate a lot of shit from company's and the exchanges they are on but maintaining order in official announcements is the very least I expect.
Frank
Top 20
Last edited:
Azzler
Top 20
The anouncement gives us suspension until May 1st, I can't see the ASX approving it for release if they haven't already agreed to keep it suspended until then, so I don't see it comming out next week.
To be honest with you though, I don't think it's right for them to prevent trading for this long, a few months sure but really this is now just plain wrong. Sure it'll be detrimental to the share price, but when an outcome of a company is not good, such as in this case, you can't just lock it up because shareholders are selling.
I think its wrong and we should be trading.
Anyway what does my opinion matter...
I think the grim tone in the anouncement was for the ASX's benefit.
Similar threads
