AVZ Discussion 2022

[David Krappenschitz]

Any truth in this? @Nellie17 @The Fox @9cardomaha

Does DRC want the bullshit arbitration cases filed by Zijin and Cominiere over the last year+ which have held up the development of Manono cancelled too? The preposterous >$1B damages claim by corrupt entities who have broken DRC laws, and whose illegal actions have been exposed by IGF?

FFS

 

[ptlas]

I was being flippant. I thought that was implied in the tone. I’ve read the MOU. And I think you’re right Re the choice about the west vs China. What a fucking lame way for us all to lose money. Because a corrupt asshole threw his people under the bus. I wonder if Cath might weigh in in our support.

CATH have done fuck all apart from sign a few MOUs

CATH are the fallback position.
They will do what CCP tells them to.

To believe anything else is extremely naive.

Straws, clutching.

Fatty now has a stark choice.

Either

Jump into bed with Zingy and continue getting raped. Seems to like it.
He may well choose to do that, but will want to get re-elected first.

If that is the case, then I'm really lost working out how people can quote figures of arund $1.50 for our shares.
Based on what? Slight premium to our previous high? WHY?
Double the suspension price? WHY?
If they can fuck us over for $1.50, then can fuck us over for 10c, so forget about discussing figures plucked from thin air.

OR

Pay us what it's worth (I've already given a financial justification for $12).
(Alternatively, give AVZ the ML and stop fuckwits making mischief around construction costs and timeline.
If they do, we can sell to Elon or whoever.)

Remember that China has many irons worldwide in the lithium fire.
DRC has only one.



But make no mistake, the application to ICSID means decision time for Fatty.
Stand against Chinois and have normal relations with the West or sell your country down the river again.
I for one, am not prepared to take a token sum to get that toad out of his hole.

This now gives the previously powerless AVZ some leverage.
Sit and wait.

Tick tock
The whole world is watching.

 

[Roon]

CATH have done fuck all apart from sign a few MOUs

CATH are the fallback position.
They will do what CCP tells them to.

To believe anything else is extremely naive.

Straws, clutching.

Fatty now has a stark choice.

Either

Jump into bed with Zingy and continue getting raped. Seems to like it.
He may well choose to do that, but will want to get re-elected first.

If that is the case, then I'm really lost working out how people can quote figures of arund $1.50 for our shares.
Based on what? Slight premium to our previous high? WHY?
Double the suspension price? WHY?
If they can fuck us over for $1.50, then can fuck us over for 10c, so forget about discussing figures plucked from thin air.

OR

Pay us what it's worth (I've already given a financial justification for $12).
(Alternatively, give AVZ the ML and stop fuckwits making mischief around construction costs and timeline.
If they do, we can sell to Elon or whoever.)

Remember that China has many irons worldwide in the lithium fire.
DRC has only one.



But make no mistake, the application to ICSID means decision time for Fatty.
Stand against Chinois and have normal relations with the West or sell your country down the river again.
I for one, am not prepared to take a token sum to get that toad out of his hole.

This now gives the preciously powerless AVZ some leverage.
Sit and wait.

Tick tock
The whole world is watching.

I thought the whole 12$ thing on here was a running joke. Is there actually people that believe this is a possibility? 42b AUD for 75% of a deposit in the DRC, with part of that ownership under dispute, with zero infrastructure or transportation, with the world watching whilst sovereign risk plays out in textbook fashion? There are producing companies that completely own numerous mines that don't approach that.

Sure this is an epic deposit, which probably wont be outshined anyime soon, with the discovered lithium likely to be worth about 50b, and probably larger when the rest is drilled, but getting 12$ for AVZ anytime soon is living in a fantasy land. I'll stick with the arbitrary 1.5$

 

[ptlas]

I thought the whole 12$ thing on here was a running joke. Is there actually people that believe this is a possibility? 42b AUD for 75% of a deposit in the DRC, with part of that ownership under dispute, with zero infrastructure or transportation, with the world watching whilst sovereign risk plays out in textbook fashion? There are producing companies that completely own numerous mines that don't approach that.

Sure the discovered lithium is likely to be worth about 50b, and larger when the rest is drilled, but getting 12$ for AVZ is living on a fantasy land

So you wanna talk $1.50 and then take a lowball offer???

 

[Roon]

So you wanna talk $1.50 and then take a lowball offer???

Each to their own I guess. Perhaps I'm just not feeling as comfortable as to our current circumstances as you are, or wish to set myself even semi realistic expectations. Frankly id be dancing on the roof if we got that, rather than potentially losing all. I do however think upon reflection that it was probably the right step, ICSID that is, to push us towards a boiling point in which we cant be ignored, and some kind of resolution occurs one way or the other.

 

[Stockinvesting]

So you wanna talk $1.50 and then take a lowball offer???

Anyone who says they wouldn't take $1.50, right now, is a liar.

 

[wombat74]

So you wanna talk $1.50 and then take a lowball offer???

Mate if $1.50 got us out of this mess right now I'm sure most would jump at it . As long as Nigel gives share holders the opportunity of course .

 

[ptlas]

I'm sure most would.

Not me

 

[Newcomer]

Can you back up your answer with examples of lithium supply where US can get their hands on which is not already controlled by the Chinese in Canada?

Canada orders three Chinese firms to exit lithium mining

 

[ptlas]

Each to their own I guess. Perhaps I'm just not feeling as comfortable as to our current circumstances as you are, or wish to set myself even semi realistic expectations. Frankly id be dancing on the roof if we got that, rather than potentially losing all. I do however think upon reflection that it was probably the right step, ICSID that is, to push us towards a boiling point in which we cant be ignored, and some kind of resolution occurs one way or the other.

That was esssentially my point mate.

But not $1.50

 

[Roger2018]

I’d be over the moon if we got $1.50 a share!

 

[CHB]

Plenty of risk investing in DRC and this stock.

If you accept $1.50 you might as well have sold out at $1.20 or whatever it was 1-1.5 years ago and saved the stress.

 

[Roon]

Plenty of risk investing in DRC and this stock.

If you accept $1.50 you might as well have sold out at $1.20 or whatever it was 1-1.5 years ago and saved the stress.

I wish I had! This last year has been unpleasant, and my focus on AVZ has really impacted my general wellbeing. Finding myself thinking about it far too often

Have certainly learned some lessons here about investing, that I'll try to carry with me into the future. Primarily about more diversification and spreading the love so that if one fails, as some invariably will, that it won't turn my life upside down as this one has.

 

[cruiser51]

NEWSECONOMYINTERNATIONAL

DRC excluded from the list of investments of the French group ERAMET, following the blocking of the PE of lithium of Manono by the government​

June 11, 2023
Kiki Kienge


By Kiki Kienge
It was last March that the DR Congo and the EU announced an agreement on rare minerals such as copper, cobalt and lithium, the two parties initiated negotiations for a partnership on the exploitation of rare minerals and strategic, for the next few months a "win-win" memorandum of understanding and a roadmap are announced on this cooperation and investment agreement in a mining sector in the DRC, so the EU intends to fight the Chinese monopoly in the DRC , reduce its dependence on China and accelerate its ecological transition.
The EU is focusing above all on the development of a value chain in the DR Congo and the creation of a market for the battery, electric vehicle and renewable energy industry, as pointed out by Mrs. Jutta Urpilainen, European Commissioner for International Partnerships :
“We want to create value in the DRC, local added value. Not just exporting your raw materials to Finland, Europe and then refining them in Europe. We do n't want to create dependency, nor do we want neocolonialism. We really want to create local value and we want to create a win-win partnership. »

During the visit of President Emmanuel Macron to Kinshasa, the two countries notably concluded an agreement for the mapping and sustainable management of the mining resources which abound in the Congolese subsoil, French companies and institutes will be invited to map and invest in the mining sector of the DR Congo according to this partnership.
But here is following the blocking of the delivery of the exploitation permit 13359 by the Congolese government to DATHCOM, of which the group AVZ MINERALS owns 75%, which must allow the start of the exploitation of the lithium of Manono, the French group, ERAMET has just excluded the DR Congo from its investment strategy in Africa for the time being.
“ Geoff Streeton , director of strategy for the company, and Christophe Thillier , in charge of exploration, have also drawn a line under the DRC for the moment, despite having identified its lithium potential.
The difficulties encountered by the Australian AVZ MINERALS on its Manono project in Tanganyka in the south-east of the country gave pause to the French company which has chosen to concentrate its investments in this sector on its Centenario-Ratones project in Argentina," said the media, Africa Intelligence.

ERAMET is a French mining and metallurgical company with a workforce of 9,090 employees spread over 17 mining and industrial sites in 15 countries. In 2022, it achieved a turnover of 5.014 billion euros.
On November 8, 2021, ERAMET announced the launch of its lithium mine project in the Andean highlands of northern Argentina. The construction of a plant will start in early 2022 and end in 2024 with the aim of producing 24,000 tonnes of lithium carbonate per year. Much of its lithium production will supply the European battery construction sector.

 

[Roger2018]

Plenty of risk investing in DRC and this stock.

If you accept $1.50 you might as well have sold out at $1.20 or whatever it was 1-1.5 years ago and saved the stress.

Hindsight is awesome! I don’t think there would be many who would not have sold if they knew what shit show was coming!

 

[Roger2018]

I wish I had! This last year has been unpleasant, and my focus on AVZ has really impacted my general wellbeing. Finding myself thinking about it far too often

Have certainly learned some lessons here about investing, that I'll try to carry with me into the future. Primarily about more diversification and spreading the love so that if one fails, as some invariably will, that it won't turn my life upside down as this one has.

Lessons all round!
1. Don’t invest in DRC they are corrupt fuckwits!
Everyone takes there brown paper bags why 60 odd million of them live off $2 a day! Fukn joke scummy greedy pricks

 

[CHB]

I wish I had! This last year has been unpleasant, and my focus on AVZ has really impacted my general wellbeing. Finding myself thinking about it far too often

Have certainly learned some lessons here about investing, that I'll try to carry with me into the future. Primarily about more diversification and spreading the love so that if one fails, as some invariably will, that it won't turn my life upside down.

Yeah definitely. Many will have wished. Probably would likely to be the better choice than holding. I think even with an ML this will open significantly lower in the first few weeks as those stuck will just sell.

So new investors can probably buy at a discount to LTH and not have had to go through the 1-1.5 years of stress.

 

[timb89]

Plenty of risk investing in DRC and this stock.

If you accept $1.50 you might as well have sold out at $1.20 or whatever it was 1-1.5 years ago and saved the stress.

Silly comment. Facts on the ground are much different to where they are now.

 

[Winenut]

I thought the whole 12$ thing on here was a running joke. Is there actually people that believe this is a possibility? 42b AUD for 75% of a deposit in the DRC, with part of that ownership under dispute, with zero infrastructure or transportation, with the world watching whilst sovereign risk plays out in textbook fashion? There are producing companies that completely own numerous mines that don't approach that.

Sure this is an epic deposit, which probably wont be outshined anyime soon, with the discovered lithium likely to be worth about 50b, and probably larger when the rest is drilled, but getting 12$ for AVZ anytime soon is living in a fantasy land. I'll stick with the arbitrary 1.5$

"I thought the whole 12$ thing on here was a running joke"


The price was introduced as $10 and is now more correctly $12 (inclusive of Zijin areshole premium)

In negotiating it's a strategy called "anchoring"

https://blog.hubspot.com/sales/anchoring-negotiation#:~:text=What is anchoring in negotiation,a smooth, efficient sales process.

I know because I'm the one who started it here on the TSE thread

I anchored $10......I think it was @TDITD who jumped on board and subsequently added the Zijin premium

So yeah it's been sort of a running joke but it was thoughtfully considered and introduced so idiots on the forum didn't keep anchoring a stupid $1.50 price tag to start negotiating from where you likely end up with fiddy cents

It was also aimed squarely at the aresholes out there watching from afar who want to gain control of the Manono resource as a price that might start sticking in their fucking heads

 

[Roon]

$10 or now more correctly $12 (inclusive of Zijin areshole premium)

In negotiating it's a strategy called "anchoring"

View attachment 38192

https://blog.hubspot.com/sales/anchoring-negotiation#:~:text=What is anchoring in negotiation,a smooth, efficient sales process.

I know because I'm the one who started it here on the TSE thread

I anchored $10......I think it was @TDITD who jumped on board and subsequently added the Zijin premium

So yeah it's been sort of a running joke but it was thoughtfully considered and introduced so idiots on the forum didn't keep anchoring a stupid $1.50 price tag to start negotiating from where you likely end up with fiddy cents

Point taken and I'll accept the insult. Will however stand by it given as its a stock forum discussion and not the negotiation team on the AVZ board. Retail holders will play no part in valuations of the company, and those who say the Chinese would be guaging the resistance of the company through an assessment of its mum and dad investors are sadly misguided.