AVZ Discussion 2022

[Charbella]

No CATH extension announcement currently means the TIA has been mutually allowed to expire......though i would doubt this.

CATH TIA announcement of either extension or expiry therefore must be tied in with the other ASX questions being responded to if its not announced today.

Not sure why CATH TIA announcing would be related to our suspension. Something is not adding up. What’s the hold up?

 

[Scoota30]

I did read a couple of days ago that CATL were on the blower to Australian lithium Companies, desperately seeking Susan Spoddy.

If I put 2 and 2 together, with the lack of CATH extension (so far) today, my calculator comes up with 24, i.e. 24% remaining with AVZ

Let's see, but if I had to dream up a good story, I'd go with AVZ not willing to go with a chinese partner anymore.

Second evil thought is: is CATH the distributor of AVZ info back to those other bastards?


Trust no-one, in fact I just blocked myself


GO WEST
24 hail Marys and definitely JMT

Wowwwww, this whole time most of us have imagined CATL as the respectful saving grace that will do nothing but brilliant things. Imagine if they have been feeding info to Zijin...

Till we wait for week or two, we can follow @JAG's footsteps, as I am sure it will lead us to his one day

If you got twitter, be sure to Like and Retweet his work from time to time.





View attachment 33547

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@JAG doing some lovely work over on the bird at the moment

 

[Onthefm]

The cancellation of the decree came without information. When the same shit happen with our cath deal I’m not sure how fast they get a new investor with all that shit that happened in the past. But maybe nigel is a magician and pull big investors out of his hat like rabbits.

Not sure he needs to be a magician. I would have thought that as the deal had not been done they the BOD would have been looking for a Western/euo partner for the last 12 months. Especially being the best bod on the asx. Certainly as cath and z are under control of the same master. I was hoping that's why we where drilling. If cath pull the pin now the thieves have another excuse for assholeing us. Surely they would know that. But just imo. Absolutely nothing surprises me with this mob.

 

[Onthefm]

Wowwwww, this whole time most of us have imagined CATL as the respectful saving grace that will do nothing but brilliant things. Imagine if they have been feeding info to Zijin...


@JAG doing some lovely work over on the bird at the moment

Not on bird but what I've seen is realy good cheers jag and thanks.

 

[Doc]

I should have gone on to suggest the next step, which is REPLACING CATH with a new partner

Don’t ask, I don’t know

As long as we are not seen to have broken the deal. AVZ can hardly afford the 20m to break the contract and we know the Chinese go for the jugular. Cant see CATH saying " yeah sweet forget the 20m"

 

[LX600]

If Cath cancel the deal, lots of problem solved. Such as $AVZ will have $20m more cash -_-

 

[GuruDukun]

Very lovely work Jag.

 

[obe wan]

If Cath cancel the deal, lots of problem solved. Such as $AVZ will have $20m more cash -_-

‘Both’ parties need to agree to extend once the extension date is up for renewal ; if either party doesn’t agree then the deal is off and both go on their way ; neither have to pay the $20m .

If either decided to cancel prior to the renewal date ; then that’s when payout would occur .

As we have currently passed the last extension date ; there’s no penalty for either party walking if they choose to

 

[DoubleA]

‘Both’ parties need to agree to extend once the extension date is up for renewal ; if either party doesn’t agree then the deal is off and both go on their way ; neither have to pay the $20m .

If either decided to cancel prior to the renewal date ; then that’s when payout would occur .

As we have currently passed the last extension date ; there’s no penalty for either party walking if they choose to

Why does AVZ need to agree to extend? I disagree.

What is to stop AVZ saying give us the $240m as agreed, no more extensions. The mining licence requirement has been waived. If the $240 million is not received then CATH have breached the agreement?

I think there are reasons to want to partner with CATH which is likely why AVZ have previously agreed to extend, but I don't believe AVZ have to.

 

[ptlas]

FYI

https://www.theaustralian.com.au/special-reports/electric-vehicles/new-battery-to-offer-1600km-range-and-even-power-electric-planes/news-story/0570d95e7a19665a913bd644e6a2d5d7?amp

 

[Chilla]

Why does AVZ need to agree to extend? I disagree.

What is to stop AVZ saying give us the $240m as agreed, no more extensions. The mining licence requirement has been waived. If the $240 million is not received then CATH have breached the agreement?

I think there are reasons to want to partner with CATH which is likely why AVZ have previously agreed to extend, but I don't believe AVZ have to.




View attachment 33556

AVZ needs to retain 51% majority JV control….so they won’t agree to finalise the 24% to CATH until they have full and final court decision on 75% ownership. As it stands 60% is undisputed so max they would agree to sell to CATH until highest court confirms the 75% is a sale of 9% to CATH. And we are told CATH are good with that as their main requirement is guaranteed Offtake. My opinion is if that’s the case do a Offtake Prepayment Agreement and take the ownership out of the transaction and proceed with guaranteed funding based on Offtake.

 

[CashKing]

Why does AVZ need to agree to extend? I disagree.

What is to stop AVZ saying give us the $240m as agreed, no more extensions. The mining licence requirement has been waived. If the $240 million is not received then CATH have breached the agreement?

I think there are reasons to want to partner with CATH which is likely why AVZ have previously agreed to extend, but I don't believe AVZ have to.




View attachment 33556

Like Fuck they would stump up 240mill in this mess with no ML in hand , CATH would have an out that’s not in AVZ’s announcements that we can see for sure..

I reckon Z and CATH would be speaking to each and have a better understanding on how to pineapple company’s together..

DP IF YOU WILL…

CATH would still be keen & it’s part of their milking system IMO…

They longer they fuck with us stalling the project the cheaper it gets unless we keep drilling etc etc & hope for a TO but when the money runs out we have a issue….

Can Nige can play poker ?

IMO if Manono was Chinese owned and operated it would be producing by now..

As old mate said which made me laugh it’s 2023 and you can identify as anything even corrupt and get away with it…

Let’s hope Marius has a Easter Egg for all of us

 

[The Fox]

Slow news day

No squid at Brighton off the jetty mid morning today

When is the best time for squid normally off that jetty? dusk / dawn or all day round?

Can meet you there sometime to discuss AVZ if you want, and catch a squid or two.

 

[The Fox]

I did read a couple of days ago that CATL were on the blower to Australian lithium Companies, desperately seeking Susan Spoddy.

If I put 2 and 2 together, with the lack of CATH extension (so far) today, my calculator comes up with 24, i.e. 24% remaining with AVZ

Let's see, but if I had to dream up a good story, I'd go with AVZ not willing to go with a chinese partner anymore.

Second evil thought is: is CATH the distributor of AVZ info back to those other bastards?


Trust no-one, in fact I just blocked myself


GO WEST
24 hail Marys and definitely JMT

Exit stage left CATL, enter stage right US company. Well wouldn't that be nice.

 

[Goat]

Like Fuck they would stump up 240mill in this mess with no ML in hand , CATH would have an out that’s not in AVZ’s announcements that we can see for sure..

I reckon Z and CATH would be speaking to each and have a better understanding on how to pineapple company’s together..

DP IF YOU WILL…

CATH would still be keen & it’s part of their milking system IMO…

They longer they fuck with us stalling the project the cheaper it gets unless we keep drilling etc etc & hope for a TO but when the money runs out we have a issue….

Can Nige can play poker ?

IMO if Manono was Chinese owned and operated it would be producing by now..

As old mate said which made me laugh it’s 2023 and you can identify as anything even corrupt and get away with it…

Let’s hope Marius has a Easter Egg for all of us

This is exactly how it will play out.
This will drag out, AVZ will have no money, they will not be able to conjure up funding without some positive news in their arsenal.
It's sad..
I'm secretly hoping AVZ have been digging around in the WA outback looking for a Manono V2.0.
Nige needs to stop the flamin digging, revert to an absolute shoe string budget and just wait it out.

 

[CashKing]

I’m

This is exactly how it will play out.
This will drag out, AVZ will have no money, they will not be able to conjure up funding without some positive news in their arsenal.
It's sad..
I'm secretly hoping AVZ have been digging around in the WA outback looking for a Manono V2.0.
Nige needs to stop the flamin digging, revert to an absolute shoe string budget and just wait it out.

I’m 95% sure by now he would know this but fucking around digging isn’t helping mining Manono, it may just may help with selling it but probably not seeing as we already have some crazy bullshit proven deposit…

Add what’s in the storage yard from the thousands of core samples ontop…

We need to sort this shit out and get on with the job or sell it as is…

1 positive is that we will all soon have a capital gains discount for holding for 12months huh

 

[Frank]

I did read a couple of days ago that CATL were on the blower to Australian lithium Companies, desperately seeking Susan Spoddy.

If I put 2 and 2 together, with the lack of CATH extension (so far) today, my calculator comes up with 24, i.e. 24% remaining with AVZ

Let's see, but if I had to dream up a good story, I'd go with AVZ not willing to go with a chinese partner anymore.

Second evil thought is: is CATH the distributor of AVZ info back to those other bastards?

Trust no-one, in fact I just blocked myself

GO WEST
24 hail Marys and definitely JMT

*Jonnno + Manono = Nail on Head, give the man some

 

[Azzler]

This very interesting post on the crapper by Amovatio for those who shun that place.


"Well done Combaste for your positive comments. It is highly unlikely AVZ will walk away with zero.

Felix didn't commission the Democratic Republic of Congo’s (DRC)General Inspectorate of Finance to conduct an investigation and release its report on the management of mining assets in the DRC by La Congolaise d’Exploitation Minière (Cominière)(IGF Report)." for no reason.

The President is acutely aware of the corruption that exists and of the continued activity of the hostile non state actors who are trying to influence the decisions of key authorities in the DRC. He will know who and what interests these non state actors represent and who they are engaging with in the DRC.

The non state actors are desperate to interrupt the confidential discussions with the DRC govt. and continue to unsettle the current regime because they know Court cases are impending and an election is coming (end of year). The non state actors are continually trying to do everything to undermine the negotiations and delay any settlement to bring down the credibility of the current DRC Govt. It is their only hope for the continuance of this form of corruption.

Felix knows the process his Govt. is undertaking and that is why this takes time. His recent appointment of a new Ministry that will lead the Govt. to the next election is excellent timing and sends a clear message the landscape of influence for the continuity of corruption within Govt.is changing for the better, as slow as this is happening. The first 100 days of the new Ministry and their actions that are continuing to uncover corrupt processes will be critical to their success. IMO this activity will have a direct influence on the progress of the current negotiations taking place and the award of the Mining Licence, hopefully before the first court case begins.


If the legal cases proceed any outcomes will most likely be immediately be reflected in the DRC’s President’s decision to award the ML.


Our Company should be concerned that the continued activity of the hostile non-state actors may influence the decisions of the key authorities in DRC. Decision time is imminent. However, the future of the DRC in the eyes of attracting Western investment and support particularly from the USA is why the DRC is following proper process to ensure the laws of the Land are upheld in the interests of the DRC and its people. The world is watching with strong interest how this plays out. The President and his new Ministry’s survival is dependent on following the process The President has undoubtedly laid out and having competent authorities hand down outcomes that will be accepted by the world.

I don’t see any evidence where the Chinese authorities have had delegation meetings with the DRC President to explain the investment activities they have adopted to show the worth of Manono. What have they articulated to improve the lives of people in the DRC and what are they doing to advance their interests in this World class project?

However, I have read and continue to watch with considerable interest the engagement that AVZ has made with Marius Mihigo and how he is engaging with the DRC President to show how AVZ has followed all applicable laws and has made significant investment in the DRC to confirm the value of Manono and also to outline its plans to advance the interests of the DRC people. IMO this engagement by AVZ has been critical to swinging the pendulum back in favour of AVZ.

Why else would legally privileged information and content of negotiations be slipping out. We all know this MUST be coming from Dathomir and Cominière as they have the most to lose in the negotiation process that precedes their Legal cases on the horizon. IMO Zijin is already defeated and the legal ruling on their activity will soon be released from the jurisdiction on April 20. Any delay caused by Zijin to the legal process is only to delay the inevitable and disrupt the upcoming election campaign. The aim of the Chinese and their Govt. is to ensure unrest is brought into the democratic process. This won’t be allowed to happen by the President and rest assured an outcome on the decision concerning the ML is imminent.

Hence. Our Company is taking extra precautions to ensure its confidential discussions with the DRC Government are not being leaked prior to resolving the prevailing uncertainty with regards to the mining and exploration rights for the Manono Project.

Which leaves the question of why has the ASX asked AVZ for clarity and further information without disclosing what was asked and what the response was from AVZ management. Well imo the simple answer from my investigations is that SHs or wannabe SHs are now writing to ASX looking for answers which they cannot obtain from writing to or contacting AVZ directly. And all along here we are thinking the beseigement was happening from non state actors and corrupt officials in the DRC.

I remain committed to supporting the Management team and all they are doing for us true LTSHs. A little more patience is required until the outcomes start to be revealed later this month.

Wishing an enjoyable and safe Easter Break to All."

 

[Samus]

#RDC In what Kinshasa describes as a "debacle" of the Chinese contract, Jean-Claude Mputu of "Congo is not for sale" also pinpoints @GuyLoando_ among the "beneficiaries" of "diversion" of several million USD intended for infrastructure.

 

[BEISHA]

What I cannot understand is why AVZ has to bend over backwards for corrupt scum bags that have caused the shit show. In my view AVZ as 75% majority owner be given the ML and start building the mine as per FT aspirations. Whilst the mine is being built, the scum bags, Commierie Zingin and MMCS can sort the shit show they created. Cong has no leg to stand and has no place in the venture. DRC govt needs to wake up and get this project moving, the crap can be sorted in the background.

Theoretically you are absolutely spot on...........but we are dealing with the corrupt DRC and the corrupt chinese actors and rule of law doesnt apply it appears.....

I tell you what, they used to describe WA as the " wild , wild west "........well , how does one describe the DRC ?