AVZ Discussion 2022

mouseflying

Regular
Now back to what mouseflying wrote:

Now his listed company agreed to buy 60% shares of his private company, interesting move at this sensitive time.

He might know some good news is coming to boost his list company's share price?
From my understanding, it is always good to put valuable assets in listed company.

If keep it in private company:
He need to wait for manono goes to production, then make some money by sell lithium few years later.
and he need to use his own cash to finance the project

If keep it in listed company:
Once good news comes out, share price goes up, his net wealth will skyrocketed, and he can sell some shares to make some money.
and he can financing the project use other investor's money rather than use his own money.

Of course, all IMO
 
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Frank

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1685538793738.png


*Don't Hold back Randall from Randwick, Let it all out, Tell us what you really think (y) ;) (y)
 
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mouseflying

Regular
Thanks for letting us know. Interesting take.

I really hope you are right
As you said, it’s potentially just an unrelated restructure of his financeso_O
I hope I’m right as well.
 
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Frank

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1685539344968.png


WTF !!! One Minute it was, the next it wasn't, then it was :unsure:

Was it or Wasn't it on the Farkin' Table ?

Fuck it - Who cares :rolleyes:

What about Manono

Get on with it FFS !!! :mad:

Grow some Balls :rolleyes:
 
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Winenut

Go AVZ!
View attachment 37522

WTF !!! One Minute it was, the next it wasn't, then it was :unsure:

Was it or Wasn't it ?

Fuck it - Who cares :rolleyes:

What about Manono

Get on with it FFS !!! :mad:

Grow Up & Grow some Balls DRC :rolleyes:

100% Frank

Let's see what FT follows up with when back in the DRC....
 
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Frank

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1685539894774.png


*To Remind,

Mpiana Mwanga Hydro Electric Power Plant (HEPP)

AVZ has through its 100% owned DRC based legal entity, AVZ Power SAU (AVZP), successfully negotiated and signed an MOU with the DRC government.

This MOU now grants AVZP the right to begin full studies into the redundant and abandoned Hydro Electric Power Plant (HEPP) located 87 km south east of Manono at a town called Mpiana Mwanga, which is situated on the Luvua river a large tributary of the upper Congo river further to the north.

The intent of the MOU is to progress the studies to a point where ownership of the HEPP will transfer to AVZP for operation by AVZP or homever AVZP engages to do so.

AVZ has commissioned a DFS report on the HEPP and has determined that the power plant can be refurbished and that it could operate viably. The DFS determined that the HEPP could

be refurbished for USD 50.5 M16, including high voltage (HV) substations, HV powerline and a
contingency and produce power at an operating cost of USD 0.04/kWh.

The timeline to complete the reconstruction is 18 months start to finish. The Capital will
procure the following:
• All design engineering, construction management and direct man hour costs
• Reconstruction of Mpiana Mwanga No2 (MP2)(3 x 10.3 MW Kaplan turbines with
alternators and control systems)
• Repair of all building, pen stock and general civil works
• Installation of 2 new HV substations inclusive of all HV transformers (at HEPP and in
Manono)
• Installation of a new 60 MW, 120 kV aluminium overhead powerline with insulators,
optical ground wire (OPGW) and monopoles from the new Mpiana Mwanga HV
substation to the new Manono HV substation (~87 km)
• Service road refurbishment from Manono to Mpiana Mwanga.
The HEPP facilities are old and consist of two powerhouses, Mpiana Mwanga No 1 (MP1) and
Mpiana Mwanga no 2 (MP2), independent of one another. MP2, the newer of the two
powerhouses (built circa 1952) has capacity for 3 Kaplan vertical axis turbines each capable
of producing 10.3 MW once retrofitted giving a total installed generation capacity of 30.9
MW. 10% power losses are anticipated between generation source and take off user end of
the 120 kVa HV overhead powerline.

MP1, the older of the two powerhouses (built circa 1932) has the capacity for 3 Francis vertical axis turbines each capable of producing 4.5 MW once retrofitted giving a total generation capacity of 13.5 MW should the current civil work be re utilised as is.

If the civil work was significantly modified, then this facility could potentially also provide 3 x 10.3 MW Kaplan vertical axis turbines.

This was not studied in detail in this DFS as the power generated from MP2 already meets the demand for this phase of the Manono project.

This option may become viable in Stage 3 of the Manono Lithium and Tin project when the Hydroxide plant is
planned for and will be re studied as part of that DFS.

Stage 1 of the Manono Lithium and Tin Project, i.e. a dense media separation (DMS) plant and
a primary lithium sulphate plant, requires a total installed power of circa 26.5 MW and a
demand load of 23 MW.

This indicates that the 3 x 10.3 MW turbines will generate more power than required for initial Stage 1 requirements, resulting in the understanding that two turbines will be run on duty and the third one is the unit on standby (2n+1).

Under Stage 1, i.e. two turbines in duty and the third in standby mode, the power generated will exceed the demand side usage and so the balance of the power will be offered to the local population through the SNEL grid for use in electrifying the towns of Mpiana Mwanga and Manono or any other off-takers that present themselves to SNEL.

Manono Project Definitive Feasibility Study

 
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Frank

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100% Frank

Let's see what FT follows up with when back in the DRC....
1685540918205.png


Oh FFS !!! Make up your minds and get on with it and move onto Manono :rolleyes:
 
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John25

Regular
Sorry but have come to the reality that SFA is going to happen & might as well flush my almost 1.5mill share down the shitter …its been almost 13 months & no apparent meeting between our MD or BoD with anyone with a bit of pull/power …No MoP /No MoM or even Fat Cat but apparently our leaders are always sniffing around Manono …Not 1 single announcement to SH’s by our board since the AGM explaining the REAL delay /situation …its a slow death by a thousand lashes
 
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Xerof

Have a Cigar 1975

Anyone able to get the full story? - using 12ft.io doesn't get above the parapet for me
 
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Flight996

Regular
Welcome to Thursday. Here's some boring shit to start your day off right.

Global debt stands at $US305t, of which $US161t is corporate debt, $US85t is government debt, and the remainder is personal debt such as house mortgages, car loans etc. Global debt is 10% higher than at the start of the COVID pandemic in 2020. Australia is the 12th biggest debtor, but contributes only about 2% of world trade.

Ref:
1685569904731.png
 
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Hmm? Netoo_Sethi seems to have left twitter, account no longer exists. A glitch? Anyone know of a way to contact him? Please PM me. BR Sparrowhawk12
 
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wombat74

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When do Shareholders request Nigel and his team take a pay cut ? Must be getting close . If we remain in limbo , what is it they will actually be doing ? Waiting for ICC cases to come around ? Not worth a $9000 per week salary surely . Plan B Nigel .
 
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Frank

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100% Frank

Let's see what FT follows up with when back in the DRC....
*If this article that Xerof dug up is anything to go by, Then it sounds like FT is in for some :poop: Deep :poop:

Tshisekedi’s Trip to China Was a Total Waste of Time and It’s His Fault

Two somewhat perplexing stories today in the China-Africa space. First, the visit to China by President Félix Tshisekedi is wrapping up in Hong Kong and it appears, at least based on what we know so far, that the trip was a colossal waste of time for the Congolese leader.​

Rumors of a big minerals trading deal and progress in renegotiating the unfair mining deals with Chinese companies seem to have been nothing more than hype.

:eek: o_O :eek: :unsure: :eek:

*Can't wait to here what Franck, Jonnno & Kiki have to say about that :oops:
 
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cruiser51

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Anyone able to get the full story? - using 12ft.io doesn't get above the parapet for me
Not full story, but ConDino's observation...
Don't forget Felix was summoned to china by Xi...

 
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cruiser51

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Franck Fwamba

@FranckFwamba
·
1m

Congolese NGOs who follow the Cominiere and Dathcom Dossier have total confidence in the Supreme Magistrate and Sole Defender elected for the interests of the people of Manono and the DRC who is the PR05
@fatshi13
for the respect of law, mining code, truth and justice towards @avzmin
 
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cruiser51

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Franck Fwamba

@FranckFwamba
·
14m

I support the PR05 mining policy
@fatshi13
therefore: -I support EGC and its financial partner Trafigura -I support Dathcom Mining and
@AvzMinerals
& management -I support VinMart Group and Chetan Chug -I support
@BarrickGold
and Mark Bristow - I support
@Gecamines






Franck Fwamba

@FranckFwamba
·
19m

Any Congolese who loves and supports the PR05
@fatshi13
must defend the start of operations of EGC (Entreprise Generale de Cobalt) for the country to speak on the world cobalt market and Dathcom with
@AvzMinerals
not to miss the momentum of lithium in the global market.
 
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wombat74

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cruiser51

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https://twitter.com/FranckFwamba
@FranckFwamba
·
27m

Block a promising project for the country, local development and the policy of the PDL-145T of
@fatshi13
PR05 as Cominiere did for 2 years for private interests and selling off according to the Report
@IgfRdc

@ALINGETEJULES_K
should be considered a crime of high treason




Franck Fwamba

@FranckFwamba
·
25m

DRC NGOs want the government to give mining permits to mining companies that invest their money in research & exploration, in community development and not those who come to profit, exploit what they have not discovered as Chinese




Franck Fwamba

@FranckFwamba
·
29m

Times and circumstances having changed,
@fatshi13
is not JKK,
@anskalambayi
is not Martin Kabwelulu,
@AvzMinerals
did not acquire a mining asset irregularly from Cominiere but bought shares in Dathomir. Any expropriation as for FQM will be very inexplicable






Franck Fwamba

@FranckFwamba
·
39m

The PR05
@fatshi13
is a pragmatic legalist leader who favors rights, dialogue, respect and investor security. The Civil Society is convinced that the leaders of Cominiere will be sanctioned for mismanagement and blocking of Dathcom after report
@igf






Franck Fwamba

@FranckFwamba
·
48m

NGOs and Civile Society in DR Congo supports
@BarrickGold
Mark Bristow,
@AvzMinerals
Nigel Ferguson and VinMart Group Chetan Chug managements because they do invest in exploration and researches when Chinese and others come just to buy for cheaper and loot. DRC needs explorers.




Franck Fwamba

@FranckFwamba
·
52m

-I like
@BarrickGold
and Kibali Gold Mine -I support Mark Bristow, defender and promoter of African national executives and friends of local communities, adopted son of the Kibali Chieftaincy in the DRC -I denounce the campaign against his management of Barrick by xenophobes





Franck Fwamba

@FranckFwamba
·
59m

Les 3 entreprises publiques minieres basees du Haut Katanga, Lualaba, Haut Lomami et Tanganyika (Cominiere, Kisenge Manganese, Sodimico) doivent etre dissoutes et tout leur patrimoine minier remis a
@Gecamines
sans les dettes a prendre par leurs actionnaires. Audits et sanctions







Franck Fwamba

@FranckFwamba
·
1h

Dathcom's Manono Lithium Project requires few things to move forward: 1) Cominiere's general audit by
@IgfRdc

@ALINGETEJULES_K
2) Cominiere's dissolution, all assets goes to
@Gecamines
3) Judicial inquiry and trial of looters 4) Zijin out 5) New shareholding State-
@AvzMinerals







Franck Fwamba

@FranckFwamba
·
2h

@BarrickGold
CEO and President Mark Bristow is the only boss of a big mining company in the world meeting, respecting, defending and promoting black African communities and managers where he mines since years with Randgold Resources and now with Barrick like in DRC, Tanzania, etc




Franck Fwamba

@FranckFwamba
·
2h

All
@BarrickGold
supporters must stand up to stop a cheap smearing campaign against its successful CEO and President Mark Bristow by some xenophobic people just because he is African at the helm of a big Multinational gold company.
 
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Hmm? Netoo_Sethi seems to have left twitter, account no longer exists. A glitch? Anyone know of a way to contact him? Please PM me. BR Sparrowhawk12
Seems Netoo has edited his profile to @hala_bala_jala and cleaned all personal info. Maybe he was under attack?
 
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Xerof

Have a Cigar 1975
Seems Netoo has edited his profile to @hala_bala_jala and cleaned all personal info. Maybe he was under attack?
This was his latest tweet...interesting comment re Pei
 
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