AVZ Discussion 2022

[Samus]

Mining News Magazine was one of the media platforms I sent AVZ’s story to

…. Just saying you can make a difference if you have a fucken go

One to the crooks!

 

[Flight996]

And just in case you somehow thought that Goldman Sach-style market manipulation of lithium explorers was a thing of the past...

A piece in today's AFR shows that Night Market Research, a recidivist shorter with little credibility employs the same GS style of exaggeration, misinterpretation and accusations of board of mismanagement in order to drive PMT's SP down and profit from stop-losses and gullible shareholders. Does that sound familiar?

Patriot Battery Metals shares dive as short seller claims risks rising

The ASX-listed lithium explorer working on a project in Quebec used “curiously timed buyout rumours” to inflate its share price, the research house alleges.

www.afr.com

12ft

If you are blocked from reading the full article by a paywall, simply use a 12 foot ladder to climb over it.

Cheers
F

 

[muks]

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)

I haven't been approached. But heard there was or is an attempt to close a reasonably small short position. That's all I know, I don't know anything further about it. It didn't sound like Zijin was involved, but can't confirm that.

 

[Samus]

While the DRC torpedoes the start of the works of $AVZ with less logistical acts. A Chinese operator is commissioning a 300 million USD lithium plant in Zimbabwe. Congolese lithium has no value in the subsoil. https://mines.cd/un-operateur-chinois-met-en-service-une-usine-de-lithium-de-300-millions-usd-au-zimbabwe/… through
@MINES_CD

 

[Charbella]

Hi Guys. A mate of mine at a brokerage has let me know that a they had been approached to buy shares by a consultant on behalf of Chinese interests. This was knocked back by compliance.

I don't see any reasons why Jens or Deboss would lie about the calls.
Whether it is on behalf of Zijin is a different story.

 

[cruiser51]

From today's AFR

 

[MoneyBags1348]

I hate going off topic and was going to have the weekend off here but I just found something beautiful on YouTube

Being old school and listening to classic bands from the Beatles era through the years of Led Zeppelin, Pink Floyd, The Stones (with legendary guitarists) and singers of the calibre of Joe Cocker etc, through to good grunge bands on the 90’s I had pretty well lost faith in today’s music

Today I found this young Irish busker whose interpretations of the songs she covers are absolutely gorgeous. For any of you that appreciate a beautiful young singer and are sick of the bullshit we have had to focus on for the last 61 weeks check her out…. Her name is Allie Sherlock

 

[Frank]

Mr Pei
Major shareholder of CATL.
Major shareholder of CATH and Yibin .
His support for AVZ last announcement regarding 24%
So where is his long term lithium coming from .?
Last off take agreements with AVZ accounted for 4.5 mtpa which the majority of the output went to companies he is directly a shareholder with.
He would not be wanting to take off takes from Zijin and Comminiere .
Now DRC have support from CMOC plus CATL for value adding in the DRC .
I am looking forward to a T/O.

​

*Fyi, Re:- So where is his long term lithium coming from ?

I see where,

CATL seals $1.4 billion deal to develop Bolivia lithium​

Chinese battery giant CATL confirmed a $1.4 billion investment to help develop Bolivia’s huge, but largely untapped reserves of lithium, cementing on Sunday a partnership with the government made in January.

The agreement connects CATL, the world’s largest manufacturer of electric vehicle batteries, with Bolivia’s salt flats that are home to the world’s largest lithium resources.

Following a meeting with CATL executives on Sunday, Bolivian President Luis Arce confirmed the commitment to build two lithium plants to extract minerals from the country’s Uyuni and Oruro salt flats.

“We met with Burton Roy (Yu Bo), CEO of the Investment Committee of CATL to confirm the investment of $1.4 billion,” the president said via Twitter, adding that as partners they would “evaluate the possibility” of increasing investments to 2028.

Construction of both plants could begin as soon as July, according to the country’s energy ministry, with overall investment climbing to around $9.9 billion during the project’s industrial process.

Sunday’s announcement follows a partnership deal signed on January 20 between Bolivia’s state-run lithium company, Yacimientos del Litio Bolivianos (YLB), and a Chinese consortium, in which CATL would invest over $1 billion in the project’s first stage in exchange for rights to develop the two lithium plants, which could each produce up to 25,000 metric tons of battery-grade lithium carbonate per year.

CATL does not currently produce any lithium, although it has invested in a number of Chinese projects.

mining.com


Food for thought Felix

Frank

 

[ptlas]

Anyone else got a rumour?
No?
So those creative writing courses were wasted.

It's Friday:

One for today:

 

[Frank]

 

[Doc]

What id give to see Nigel in one of these pics shaking hands with a smile on his dial!

 

[BEISHA]

ICSID Website updated with the pending case details. (unsure if this has already been posted)

Pending Cases | ICSID

icsid.worldbank.org

For the newbies and anyone else wondering where is a safe sovereign juristiction to invest, ISCID pending cases tells you all you want to know........

I have been in the investing caper for over 30 yrs and still learning........

Note to ones self, never invest in the following countries.

1) Peru
2) Mexico
3) Spain
4) Tanzania / Nigeria / DRC........ lets just round it off with AFRICA continent in general.
5) Argentina .......( hmmm I am a big investor of GLN .... )
6) Venezuala
7) Egypt.


I could list alot more , but you get the gist.

Whats the common denominators of all these countries ?

Banana republic and generally fucked up.


imo

 

[Flight996]

You can also add the UK to the list for the time being...at least until the Bairstow thing is off the front pages. The Kiwis have been dirty on us for forty years, so it might be a while.

You're welcome.

 

[BEISHA]

If only TSE had a “what the fuck” button or emoji to use in these instances.

 

[BEISHA]

@Azzler I got information tonight (legally disclosed as we are not bound by ASX disclosure rules while suspended)

AVZ has successfully negotiated ownership with Dathomir and Cominiere. Zijin is out and ICC cases now null and void.

Awaiting documents for the legal transfer of ownership to AVZ to be officially signed ahead of the PE for 13359 being granted, including cassiterite.

90% ownership confirmed ahead of CATH TIA with CATH to then take the original agreed amount.

Felix ministerial reshuffle currently underway and Nigel is giving me all his shares in return for me having negotiated all the above on his behalf.

Announcement confirming all the above imminent

 

[BEISHA]

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

I found that post even funnier than Moneys.......

Cracker !!

 

[BEISHA]

Turning 44 this Thursday, I thought I will have the house paid off last year, will marry again and will have sex again after lets keep that number hidden forever days/nights/morning. To make matters worse, last year around this time, foolishly declared that I will be observing celibacy till we get to $2.....


View attachment 39234

If its any consolation to you, i have been celibate for 16yrs..........

2 C sections on delivering 2 rug rats destroyed my " sexy " career....probably the reason why i turned to

and

Just to let you know how crazy i was.......I asked the missus if she would consider adding to the rug rat count so I could remember the feeling one more time.........

 

[Carlos Danger]

You can also add the UK to the list for the time being...at least until the Bairstow thing is off the front pages. The Kiwis have been dirty on us for forty years, so it might be a while.

You're welcome.

Same old poms always whinging

 

[Samus]

Zijin cannot feel owner of our minerals and decided as it sees fit. Already going to court alongside La Comminiere as a shareholder of #Dathcom is not only a lack of respect for the Congolese people, but a shameless SCAM.

 

[BEISHA]

View attachment 39434

View attachment 39435

View attachment 39436

Lol, looks like SCHMI1000 has been reading the " anchor " posts on TSE and actually believes it........