AVZ Discussion 2022

[Azzler]

Ahh good times at good ol' TSE

 

[Flight996]

More pain for AVZ Minerals (AVZ)​

Struggling Australian lithium hopeful, AVZ Minerals today suspended drilling after coming up empty in the final 36 of its 53 hole campaign at Manono in the Democratic Republic of China (DRC). The first 17 diamond drill holes were also disappointing.

AVZ CEO, Nigel Funston expressed disappointment at the drilling results, and said that the Chinese laboratory that tested the core samples assured him there was no lithium in any of the 56 samples sent for analysis. A laboratory spokesperson said that what initially appeared to be exposed pegmatites were in fact just valueless mica extrusions.

In 2022, AVZ Minerals was suspended from trading for breaches of ASX trading rules. Since then the company has been financially supported by its long-term partner Zijin Mining, and by the DRC government. Both entities reiterated their continued support for the company.

Both Zijin and the DRC government agreed that based on the analytical results, Manono appears uneconomic and no further drilling would occur at the site. The site would be mothballed until a buyer could be found. Representatives of Zijin Mining and AJN Resources, a Canadian listed explorer (TSX-AJN) said their companies would jointly step in to clean up the site and prevent it from falling into disrepair at no cost to the government. Security staff and heavy equipment, including excavators and haul trucks were already on site ready to commence the cleanup.

The DRC Mines Minister praised the community spirit of both companies, and said they represented the kind of responsible companies the nation is seeking to attract in order to spearhead its ambitious push for a place the global EV battery chain.

Mr Funston reiterated that although disappointed, Manono was just one of a suite of exploration tenements held by the company in mining friendly jurisdictions. Mr Funston said the company's focus would now shift to its exploration sites in Sudan and Somalia. Like the DRC, these nations have strong governance arrangements in place, and a commitment to the rule of law.

Tom Tosser

 

[Winenut]

Nice little sponsored article from Helen

Would be nice if she worked for the AFR

Maybe we should sponsor Tommy Richardson to get a positive article

Oh.....oh wait......can't do that

Tommy's already sponsored up the eyeballs by Boatman, Zijin, other Chinese interests and some corrupt DRC officials who have a few surplus paper bags laying around

 

[DiscoDanNZ]

There are different levels to humour. I suppose if your IQ is under 50 then someone simply saying things that are untrue is likely enough to make you clap your hands and howl.

View attachment 39115

Maybe the level of humour was just above your capacity. You do seem to be the only one that didn't get it. You certainly didn't raise the bar posting hate speech about the intellectually disabled.

What's the old saying about behind every angry woman there's a poor bloke waiting for his sammich to get made?

 

[Azzler]

Wierd times on here this week.

Company released some good news and it seems people just don't know how to respond to that anymore, so things just went a little bonkers

Lol mate everyone has serious PTSD and we're collectively batshit crazy.

 

[BRICK]

View attachment 39114

More pain for AVZ Minerals (AVZ)​

Struggling Australian lithium hopeful, AVZ Minerals today suspended drilling after coming up empty in the final 36 of its 53 hole campaign at Manono in the Democratic Republic of China (DRC). The first 17 diamond drill holes were also disappointing.

AVZ CEO, Nigel Funston expressed disappointment at the drilling results, and said that the Chinese laboratory that tested the core samples assured him there was no lithium in any of the 56 samples sent for analysis. A laboratory spokesperson said that what initially appeared to be exposed pegmatites were in fact just valueless mica extrusions.

In 2022, AVZ Minerals was suspended from trading for breaches of ASX trading rules. Since then the company has been financially supported by its long-term partner Zijin Mining, and by the DRC government. Both entities reiterated their continued support for the company.

Both Zijin and the DRC government agreed that based on the analytical results, Manono appears uneconomic and no further drilling would occur at the site. The site would be mothballed until a buyer could be found. Representatives of Zijin Mining and AJN Resources, a Canadian listed explorer (TSX-AJN) said their companies would jointly step in to clean up the site and prevent it from falling into disrepair at no cost to the government. Security staff and heavy equipment, including excavators and haul trucks were already on site ready to commence the cleanup.

The DRC Mines Minister praised the community spirit of both companies, and said they represented the kind of responsible companies the nation is seeking to attract in order to spearhead its ambitious push for a place the global EV battery chain.

Mr Funston reiterated that although disappointed, Manono was just one of a suite of exploration tenements held by the company in mining friendly jurisdictions. Mr Funston said the company's focus would now shift to its exploration sites in Sudan and Somalia. Like the DRC, these nations have strong governance arrangements in place, and a commitment to the rule of law.

Tom Tosser

How
Dare
You

 

[Retrobyte]

Tommy's already sponsored up the eyeballs by Boatman, Zijin, other Chinese interests and some corrupt DRC officials who have a few surplus paper bags laying around

Tommy's Chinese "sponsors" wouldn't reach his eyeballs. 3 inches inside his rectum is their limit.

 

[ptlas]

Beware of new trolls attempting to derail the thread

 

[DiscoDanNZ]

Seriously, how dumb are you? Are you not able to read? Intellectual disability is obviously an issue that is a sore subject for you and resonates a little too close to home.

I was not the only one, numerous others agreed that it was moronic.

Oh I didn't realise it wasn't just you. In that case, to quote the great New Zealand broadcaster Paul Henry: "Oh well, start a group."

I just noticed your avatar is a woman laughing, a CCP authorised stock image no doubt.

 

[JAG]

Oh I didn't realise it wasn't just you. In that case, to quote the great New Zealand broadcaster Paul Henry: "Oh well, start a group."

I just noticed your avatar is a woman laughing, a CCP authorised stock image no doubt.

Potentially they could join the new on fire 2023 thread? I hear it’s going off……

 

[Mr Inappropriate]

View attachment 39114

More pain for AVZ Minerals (AVZ)​

Struggling Australian lithium hopeful, AVZ Minerals today suspended drilling after coming up empty in the final 36 of its 53 hole campaign at Manono in the Democratic Republic of China (DRC). The first 17 diamond drill holes were also disappointing.

AVZ CEO, Nigel Funston expressed disappointment at the drilling results, and said that the Chinese laboratory that tested the core samples assured him there was no lithium in any of the 56 samples sent for analysis. A laboratory spokesperson said that what initially appeared to be exposed pegmatites were in fact just valueless mica extrusions.

In 2022, AVZ Minerals was suspended from trading for breaches of ASX trading rules. Since then the company has been financially supported by its long-term partner Zijin Mining, and by the DRC government. Both entities reiterated their continued support for the company.

Both Zijin and the DRC government agreed that based on the analytical results, Manono appears uneconomic and no further drilling would occur at the site. The site would be mothballed until a buyer could be found. Representatives of Zijin Mining and AJN Resources, a Canadian listed explorer (TSX-AJN) said their companies would jointly step in to clean up the site and prevent it from falling into disrepair at no cost to the government. Security staff and heavy equipment, including excavators and haul trucks were already on site ready to commence the cleanup.

The DRC Mines Minister praised the community spirit of both companies, and said they represented the kind of responsible companies the nation is seeking to attract in order to spearhead its ambitious push for a place the global EV battery chain.

Mr Funston reiterated that although disappointed, Manono was just one of a suite of exploration tenements held by the company in mining friendly jurisdictions. Mr Funston said the company's focus would now shift to its exploration sites in Sudan and Somalia. Like the DRC, these nations have strong governance arrangements in place, and a commitment to the rule of law.

Tom Tosser

Good work, although that morally bankrupt kunk Lars will probably repost it on the Musk Hellscape to sow further confusion.

 

[Strongman]

View attachment 39114

More pain for AVZ Minerals (AVZ)​

Struggling Australian lithium hopeful, AVZ Minerals today suspended drilling after coming up empty in the final 36 of its 53 hole campaign at Manono in the Democratic Republic of China (DRC). The first 17 diamond drill holes were also disappointing.

AVZ CEO, Nigel Funston expressed disappointment at the drilling results, and said that the Chinese laboratory that tested the core samples assured him there was no lithium in any of the 56 samples sent for analysis. A laboratory spokesperson said that what initially appeared to be exposed pegmatites were in fact just valueless mica extrusions.

In 2022, AVZ Minerals was suspended from trading for breaches of ASX trading rules. Since then the company has been financially supported by its long-term partner Zijin Mining, and by the DRC government. Both entities reiterated their continued support for the company.

Both Zijin and the DRC government agreed that based on the analytical results, Manono appears uneconomic and no further drilling would occur at the site. The site would be mothballed until a buyer could be found. Representatives of Zijin Mining and AJN Resources, a Canadian listed explorer (TSX-AJN) said their companies would jointly step in to clean up the site and prevent it from falling into disrepair at no cost to the government. Security staff and heavy equipment, including excavators and haul trucks were already on site ready to commence the cleanup.

The DRC Mines Minister praised the community spirit of both companies, and said they represented the kind of responsible companies the nation is seeking to attract in order to spearhead its ambitious push for a place the global EV battery chain.

Mr Funston reiterated that although disappointed, Manono was just one of a suite of exploration tenements held by the company in mining friendly jurisdictions. Mr Funston said the company's focus would now shift to its exploration sites in Sudan and Somalia. Like the DRC, these nations have strong governance arrangements in place, and a commitment to the rule of law.

Tom Tosser

Haha absolute classic Flight. To you bags and all the others on here trying to lighten the mood and get a bit of positive energy ( fun ) happening in the middle of this farken shit show then more power to you
To GI Jane and the others who are so deep in the gloom of the shit show just lighten up a bit and remember your true Aussie spirit. In this big wide world Aussies are renowned for their laid back attitude and their skill at taking the piss...both to themselves and others
And as Mel famously said in Braveheart " They may take our lives but they will never take our freedom " ...or in our case They make take our mining licence but they will never take our Aussie spirit

 

[Winenut]

Beware of new trolls attempting to derail the thread

 

[Winenut]

Seriously, how dumb are you? Are you not able to read? Intellectual disability is obviously an issue that is a sore subject for you and resonates a little too close to home.

I was not the only one, numerous others agreed that it was moronic.

I can get you a date with this bloke if you're interested

You'd get on like a house on fire

 

[Winenut]

Go on......knock yourselves out

 

[Xerof]