AVZ Discussion 2022
- Thread starter GazDix
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Top 20
I was hoping you would have gone with @CashishHey cunts your not a man until you’ve had a man
Thailand is great..
Ohh & Fuck off bags get in line…
Ohh same old me just name change btw.
GLTAH
CashKing
Regular
I’m hoping to get my cashish back actually..I was hoping you would have gone with @Cashish
It Means I wouldn’t have to work very hard for a lot longer…
Ahh well, keep pushing on and stay positive
seems to be working for me so far, hope it rubs off on all of you GLTAH
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DiscoDanNZ
Regular
The 5 law firms being hired is probably just another classic DRC case of everyone getting their piece of the pie. Everyones cousin is probably a lawyer.
Yup, and they can have fifty lawyers on board if they choose, but fifty times zero is still zero...
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Dijon101
Regular
Intimidation factor.
Works in a local kangaroo court, possibly not so much in an international court. (well here's hoping so any way)
TDITD
Top 20
Hang in there mate,To top off my excellent day the fathers in law's car parked on the street during a short visit has just been fucked over by a council owned gum tree dropping a branch on its roof
My dementia suffering mum's new solar hotwater system has stopped talking to the electric booster because the new Intellihub meter installed by Origin has fucked it up so she can't have a shower and no-one (Solahart, SAPN, Origin or Intellihub) wants to take reponsibility and I've been on hold for close to an hour and now the calls been disconnected
DRC better get their shit together soon or I'm going postal!!!!
Just think how much more damage you can do going postal with all that AVZ $$$$
Cumquat Cap
Regular
Surely they know how weak the DRC case is? or are we being too bullish as we're biased? don't think so.
Also, hope we get bought out soon as reading all the DRC propaganda is making my fucking sick
Also, hope we get bought out soon as reading all the DRC propaganda is making my fucking sick
MoneyBags1348
Top 20
Hey cunts your not a man until you’ve had a man
Ohh & Fuck off bags get in line…
Ohh same old me just name change btw.
GLTAH
I was thinking you could change your profile to TrashCity (now TrashKing) but you know me…. I didn’t want to be rude
It’s a sad thing going from pushing buttons on the pokies to having to push a lawn mower but I’m just happy you’re out of the asylum
By the way, can you pass on the number of that asylum, asking for @Xerof
Seriously fella’s, I hope you are hanging in there…. Staying focused on the facts and listening to old classic songs is what keeps me going
TDITD
Top 20
With all the propaganda and all the trolls stepping up their volume of vomit these past few years,
I'm a little tempted to save an assortment of these wisdom-filled comments as screenshots and once it's all over make a nice big A3 collage of them all as a motivational type message to place in the 'office', Placing with care the bold words over the top of this beautiful collage .......
"Conviction over the Cacophony of Cunts".
(The wife will complain but, If I strike while the irons hot
)I think Mr Pei and CATH 24% will have major influence with CATL on the outcome of Dathcom being awarded ML.
Mr Pei cannot be bought by Brown paper bags .
A battery plant by CATL in the DRC would influence decisions on Manono .
ALL IMO
Svetlana on the bird mentions visit by Industry minister to CATL in China ??
Xerof
Have a Cigar 1975
I was thinking you could change your profile to TrashCity (now TrashKing) but you know me…. I didn’t want to be rude
It’s a sad thing going from pushing buttons on the pokies to having to push a lawn mower but I’m just happy you’re out of the asylum
By the way, can you pass on the number of that asylum, asking for @Xerof
Seriously fella’s, I hope you are hanging in there…. Staying focused on the facts and listening to old classic songs is what keeps me going
Mate, I already have the phone number for the asylum
If these 5 fucking lawyers have any morals (oops, thats probably fucked my logic), they should be telling DRC to just give AVZ the fucking license.
As @9cardomaha notes, one of their French 'advisors' Rachida DATI knows how corruption is spelt
I notice that Julien, whilst never mentioned AVZ in any dialogue, is also not mentioning Zijin, rather it's CATL, COMC and his passion for the readings of Chairman Mao
I'm not sure I believe the stories about brokers trying to buy on behalf of Zijin but would like to, as it would signify desperation. If any of you larger holders have been approached, please let us know (@FilthyRich2, @muks)
CATL and CMOC now that would be a great partnership with Zijin and Comminiere out.Mate, I already have the phone number for the asylum
If these 5 fucking lawyers have any morals (oops, thats probably fucked my logic), they should be telling DRC to just give AVZ the fucking license.
As @9cardomaha notes, one of their French 'advisors' Rachida DATI knows how corruption is spelt
I notice that Julien, whilst never mentioned AVZ in any dialogue, is also not mentioning Zijin, rather it's CATL, COMC and his passion for the readings of Chairman Mao
I'm not sure I believe the stories about brokers trying to buy on behalf of Zijin but would like to, as it would signify desperation. If any of you larger holders have been approached, please let us know (@FilthyRich2, @muks)
Would explain court proceedings against AVZ by Zijin for loss of earnings.
Retrobyte
Hates a beer
Each of the defendents requires a separate lawyer, so there's no conflict of interest
Frank
Top 20
China jumps ahead in the rush to secure lithium from Africa
China’s early move to tap new centers of lithium supply across Africa is reaping rewards, helping the top electric-vehicle battery producer navigate a tight market for the key metal.
Spurred by a flurry of investment from Chinese companies, mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027, according to S&P Global Commodity Insights.
Africa will account for 12% of global supply by then, compared with 1% in 2022.
Diversifying supply sources will boost China’s efforts to defend its dominance in EV metals processing — transforming raw materials like lithium, nickel and cobalt into chemicals used in battery components — while the US ratchets up efforts to build out its own supply networks with free-trade partners and allies like Canada and Australia.
“It is a sure thing that Africa will play an important role for China,” particularly as an alternative source of raw materials to Australia, currently the top supplier and where exports could be constrained as domestic refineries come online, said Peng Xu, a Beijing-based analyst for BloombergNEF.
Mali, the Democratic Republic of Congo and Zimbabwe could all join the ranks of top mined-lithium producers by the end of the decade, according to BNEF data.
A first shipment of lithium concentrate reached Zhejiang Huayou Cobalt Co. last month from a Zimbabwe project, while Chengxin Lithium Group Co. said its Sabi Star lithium mine started production in the country.
Ganfeng Lithium Group Co. has invested in the Goulamina mine in Mali, while Contemporary Amperex Technology Co. has a unit that’s backed a project in the DRC. Sichuan Yahua Industrial Group Co. has a stake in a project in Ethiopia.
“Chinese investment in Africa is definitely the largest source of capital for battery material supply in recent years,” said Martin Jackson, London-based head of battery raw materials at CRU Group.
Investments in new regions are crucial for China’s supply chain to keep up with demand from its manufacturers, he said.
China’s battery producers, led by CATL and BYD Co., topped 1 terawatt-hours of production capacity in 2022 and are continuing to expand, BNEF said last month.
The US is also examining options for raw materials supply from Africa, but so far has only a few tentative plans, including preliminary cooperation agreements with the DRC and Zambia, said Alice Yu, a metals and mining analyst at S&P Global Commodity Insights.
“It will also take greater scrutiny for Africa to be included as a trade deal-friendly supplier,” she said.
Global supply of lithium raw materials is forecast to jump 35% this year, with about half that total coming from entirely new operations, BNEF said in a June 30 report.
The market for lithium resources will remain tight this year and in 2024, though it’s expected to ease from 2025 as more projects are commissioned, including across Africa and in Canada.
Still, nations in Africa are likely to follow other countries in seeking to keep more revenue from lithium supplies at home by adding processing or refining plants that can raise the value of exports.
Zimbabwe and Namibia have recently introduced measures to discourage or prohibit exports of raw lithium ore.
Morocco, which has a free trade agreement with the US, is already emerging as a potential hub for EV battery production, with advantages including its proximity to Europe and an abundance of phosphate needed in lithium iron phosphate, or LFP, cells.
The nation’s government earlier this year said Chinese battery manufacturer Gotion High-Tech Co. reached a preliminary deal to build Africa’s first major EV battery factory, which would have annual capacity of 100 gigawatts and require investment of €6 billion ($6.5 billion).
www.mining.com
MoneyBags1348
Top 20
Mate, I already have the phone number for the asylum
If these 5 fucking lawyers have any morals (oops, thats probably fucked my logic), they should be telling DRC to just give AVZ the fucking license.
As @9cardomaha notes, one of their French 'advisors' Rachida DATI knows how corruption is spelt
I notice that Julien, whilst never mentioned AVZ in any dialogue, is also not mentioning Zijin, rather it's CATL, COMC and his passion for the readings of Chairman Mao
I'm not sure I believe the stories about brokers trying to buy on behalf of Zijin but would like to, as it would signify desperation. If any of you larger holders have been approached, please let us know (@FilthyRich2, @muks)
X I prefer to stick to facts but if I was speculating to myself, I would think Zijin’s desperation is because they know the law is on AVZ’s side at the ICC.
Same with the DRC (President, Prime Minister and MoM) retaining the services of five lawyers.
Of the five, two are French (one of those being corrupt), the other three from Kinshasa
We know how good the Kinshasa lawyers are at getting corrupt officials off in Kinshasa and Gombe, but do you really think they are up to the task in the ICSID in the US and in front of the World Bank
The DRC wasn’t even going to send lawyers to the ICC case with MMCS, how competent do people think they are?!
Basically the evidence of Cominiere’s corruption has been on display for the world to see (thanks mostly to the diligence of AVZ investors) and the corrupt mining and government officials are scrambling to save face
Keeping it all in the media is my approach
AVZ Minerals spent 6 years & millions of dollars developing the Manono Project, only to have the project, ML & ownership delayed by the illegal actions of Cominiere, Chinese company Zijin and Simon Cong (Read the IGF report)
For 6 years in the DRC AVZ Minerals carried out Soil Sampling; Field Mapping; Consulting; Drilling; Metallurgical Testing; FEED Study; Securing a lease on an Industrial Site for logistics including road haulage, rail & port services & infrastructure rehab to the road from Manono
AVZ produced a 160-page Definitive Feasibility Study; Received DFS Technical Approval; Had a SEZ Agreement; Tendered for Mining Infrastructure and followed the DRC Mining Code. AVZ satisfied all required approvals - Environmental Approval; Financial Capability (through Raising Capital, Negotiating Funding with Pan African DFI’s, Arranging funding and Offtake Agreements with CATH, Obtaining Several Offtake Agreements for both Lithium and Tin) Favourable Cadastral Opinion & Favourable Technical Opinion of the DFS for the Manono project. The Ministerial Decree to award the ML was granted last April then taken away
AVZ Minerals also produced an 85-page Sustainability Report committed to Environmental and Social Governance (ESG) including Socio - economic benefits, Preserving environmental values, Providing a transparent and ethical supply chain, Ending poverty, Improving health and education, Economic growth and employment, Minimising greenhouse gas emissions, Preserving biodiversity, Restoring the Mpiana Mwanga Power Plant and Supplying energy and contributing to the local communities. AVZ's Environmental Study and Impact Assessment Reports included 7 ESIA's and Groundwater Management.
Now, following the DRC taking away AVZ's ownership and delaying the Mining License, AVZ has been forced to take the DRC to International Centre For Settlement of Investment Disputes (ICSID)
Good find Frank.
Interestingly, within this article is this little gem:
The US is also examining options for raw materials supply from Africa, but so far has only a few tentative plans, including preliminary cooperation agreements with the DRC and Zambia, said Alice Yu, a metals and mining analyst at S&P Global Commodity Insights.
“It will also take greater scrutiny for Africa to be included as a trade deal-friendly supplier,” she said.
That statement supports the view that the USA considers Africa too risky at this stage, despite needing to hedge against China's stranglehold on supply. The DRC's endemic corruption comes to mind.
Cheers
F
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