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.
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.$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 $1.50 price tag to start negotiating from where you likely end up with fiddy cents
I would not support such a low ball offer.
wasn't intending to insult .....it was ages ago and so many on the forum were posting such silly low prices when it was known the resource was worth much much more
12$ it is then, and a big "get fucked" to Zijin for good measure!
Yeah mate, $12 is a running joke, i always give a
to posters that quote that sum...
C'mon Beish....you know about the anchoring!!Yeah mate, $12 is a running joke, i always give a
View attachment 38191
Your best bet in getting a fair TO price is from the USA, i do think @Carlos Danger has merit in what he says in regards to the MOU proposal to DRC / Zambia, they wouldnt offer that up if unless MANONO wasnt tilted their way with the " in country battery hub vision " that supposedly is shared with FT and they would want to see DRC clean up their massive corruption problem too ( Section 2 & 3 MOU ) , a vision also purportedly shared by FT , but i have my doubts given what has transpired the last 13 months or so.........ALL TALK BUT NO ACTION !!
USA is a strategic partner with Australia, they wont insult AVZ / AUS with some cheap low ball offer, they need the lithium badly going by this article....
US has huge lithium reserves, but concerns mount over mining – DW – 12/15/2022
As President Joe Biden courts domestic lithium production for electric vehicle batteries, opposition by affected local communities grows against the impacts.www.dw.com
No wonder that TESLA and FORD sought out LTR for offtake......
Altho there is a shining light for the USA, in 2yrs, my ASN ( Paradox project based in utah ) will be in production...
What i would like to know tho , what becomes of the binding mou offtakes that AVZ executed in the event of a USA TO ?
Can they be made to be redundant given the geopolitical tug of war with China ?
imo
What intellect ?
Sounds like you and I are in a similar boat mate. You’re not the only one. All signs led me to believe they were not going to end up being so useless.
www.mining.com
ZIJIN premium for being A grade cunce!!"I thought the whole 12$ 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"
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
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
Hey tits...........great work on the twitter mate, continue to shine the light on those corrupt arseholes !!!
Thanks France.
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.
rtnc.cd
www.politico.cd
