That's a racist fukkin remark, wash your mouth with solvol and 36 hail maries!Now what the fuck is up with that?
Are you confirming that you are a multi niccer ?.....![]()
That's a racist fukkin remark, wash your mouth with solvol and 36 hail maries!Now what the fuck is up with that?
Are you confirming that you are a multi niccer ?.....![]()
I agree that China got an early advantage and has been doing everything they can to steal this project.
However at some stage USA has to wake up. The resources are in Africa. How stupid do they have to be to just let China take it all? USA are certainly aware of the critical role chips/Taiwan will play moving forward. They may even go to war for it. The battle for USA vs China dominance will involve chips as well as various resources including lithium.
As mentioned by Carlos, the USA has signed an MOU and obviously discussions have been held regarding the battery value chain. I am surprised at how late the USA's interest has been, but they have to figure out the value of these resources at some stage right?
Tell them to shove it up their arse!I'd be shocked if it wasn't the gringos that got the licence decree cancelled. No chance they will fund the battery value chain without controlling the primary asset. MOU was signed in December and a month later we lose our rights with the MoM citing bullshit and having a view to 'save the Manono project'.
Takeover incoming from the gringos imo
But none of the money can go to China. That's why Jin Cheng were removed from Dathcom. And Cominiere's share goes directly to the DRC government. Just a wild guess off the top of my head the takeover price for the entirety of the Manono project will be somewhere around 5.66b USD (1.81 AUD per AVZ share).
View attachment 38129
View attachment 38130
I would have thought more …”under the influence(r)”…If I realised I had the power to be an influencer I would have got on the piss and started ranting fucking ages ago!!![]()
Well said muks a balanced and reasonable post.AVZ are not going to mine, this in my opinion is thier last ditch effort to secure a mining licence though negotiated means prior to TO.
The two outcomes for AVZ IMO are TO without mining licence or TO with mining licence.
Rumour has it there is currently an offer on the table as the project stands, without the mining licence circa $1.50.
If we can force the Governments hand into issuing us a ML, then that price in my opinion increases to around $3.50.
Even if we don't get the ML, the price has just gone up. The DRC can influence the buyer to pay the $2.50 so the arbitration case can be dropped.
Make no mistake about it, the board are doing everything they can to maximise shareholder value and they have my full support.
In a perfect world DRC would have issued the mining licence as we all thought they would have. But most of us underestimated the corruption and the squeeze the Chinese have over the DRC. There were a few posters who rightfully recognised this risk.
The non issuance on the mining licence was and is a result of the Chinese exerting pressure through nefarious means. The Chinese have long held the belief that if we don't get the mining licence then they can just take our project for little or nothing. They've had plenty of opportunities to pay fair price for the project but that's just not how they do business. Unfortunately for them this arrogance has not served them well.
The Chinese have underestimated Nigel and our BOD and they have also underestimated the DRC.
As much as shareholders feel animosity towards DRC Government officials I believe they want to do the right thing and break away from Chinese influence, but as we know it's not easy and the Chinese will not give up without a fight. They have deep pockets and will use any means necessary to maintain influence. They are an unrivaled force in the DRC and breaking away from their stranglehold will take time, but there have been encouraging signs.
This ICSID arbitration process allows the DRC Government an opportunity to rule against Chinese wishes with limited backlash as this forum carries the weight required to go against the Chinese. I'm sure It's the decision they would have liked to have made in the first instance, a decision that would have been hard to make with the Chinese standing over you holding a gun to your head.
All my opinion (apart from the rumours)
110%. I'd be popping Nigels flat champagne and doing cartwheels if this happens. Finding it harder and harder to face either an outright loss or waiting the years that an ICSID case will take for an uncertain outcome. Let's hope this proves to be the milkshake that brings all the boys to the yard, and get this negotiated outcome happening.Would love a nice TO price, but honestly what does it matter the potential TO price when we appear to be at risk of being screwed over completely and losing everything. A TO at just $1.50 would be a massive relief after all this
I’m offended, I missed themSorry guys I lost the plot......
I have deleted a bunch of my frustrated venting posts
Apologies if I offended anyone
Where is this $1.50 rumour coming from?
That's what they want people to think/hope.Would love a nice TO price, but honestly what does it matter the potential TO price when we appear to be at risk of being screwed over completely and losing everything. A TO at just $1.50 would be a massive relief after all this
Me tooI’m offended, I missed them
I missed your comments that you deleted, were they mantle worthy?
Any influence you had went out the window when you posted that selfy. If you were as observant as you think you would notice a clear difference between your selfy and Nell’s.
Yes that little play on words did occur to me at the time JohnI would have thought more …”under the influence(r)”…![]()
I’m offended, I missed them
refer to the advice aboveMe too