AVZ Discussion 2022

[Lucas Don Velor]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

Nigel stated that CATH required a minimum of 300MT i.e. 10M pa over a 30Y period...

Some posters have suggested a 550MT JORC resource, however since AVZ is unable to comply with ASX requirements (ASX, ASIC, FIRB, embassies and Gov ministers are fully aware of the situation imo) I believe, if, there are closed door deals based on these numbers, air tight non-disclosure agreements would most likely be in place.

Without knowing whether AVZs legal percentage holding of DATHCOM i.e. 60%, 75% or 90%, we are either waiting for Sep arbitration or some form of remuneration to move forward with a JV/TO/buyout...AIMO!

 

[BEISHA]

Rep. James Introduces BRIDGE to DRC Act​

July 12, 2023
Press Release
Contact: Noah Sadlier
WASHINGTON, D.C. – Today, Representative John James (MI-10) introduced the Building Relationships and Increasing Democratic Governance through Engagement (BRIDGE) to DRC Act to the U.S. House of Representatives. The bill creates a national strategy to secure United States supply chains involving critical minerals sourced from the Democratic Republic of Congo (DRC).

The DRC’s critical minerals are required not just for U.S. industrial production but also for national security purposes - it is essential for fighter jet parts, precision munitions, and stealth technology. Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests. As a result of this supply chain reality, and with pivotal presidential elections scheduled in the DRC set for December 2023, it is imperative that the United States increases its engagement in the country.

Additionally, the bill outlines Congressional expectations to ensure that the DRC’s December 2023 presidential elections are free and fair and recognizes the role of state and non-state actors in perpetuating the violent conflict in Eastern DRC.

Rep. James issued the following statement regarding this legislation:

“As Chairman of the House Foreign Affairs Subcommittee on Africa, I believe that increasing engagement with the Democratic Republic of Congo (DRC) is of strategic interest to the United States and our allies. Ensuring reliable and consistent U.S. access to critical mineral supply chains which originate in the DRC is integral to bolstering our national security,” said Rep. James. “The BRIDGE to DRC Act will help secure our critical mineral supply chains from malign Chinese influence and highlights to Kinshasa the specific human rights and democracy benchmarks required to strengthen the U.S.-DRC bilateral relationship.”

The bill is co-sponsored by Reps. Jim Baird (R-IN), Young Kim (R-CA), Thomas Kean Jr. (R-NJ) and Cory Mills (R-FL).
###

Where was the US , when AVZ were putting out the " feelers " for offtake ?

I weas banging on about it for the longest time at HC.........AVZ needed diversity to avoid potential chinese collusion via the order of President Winnie the poo.......

Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests

Make no mistake, China want to dominate lithium supply too via Manono............the US only has themselves to blame for the predicament above.

Albermarle now getting desperate, tried a TO for LTR..................failed.

Albermarle now negotiating a JV with MIN.

Why didnt Albermarle seek a offtake with AVZ ?

Not to worry Albermarle, there is another option you can look at.............PARADOX , Utah..... ( monster in waiting )

BTW folks, what do you reckon the net worth is for Winnie the Poo ?

$1.2B...........

Thats a farken tonne of brown paper bags............and China is a communist country ...

One rule for him and different rules for his people, no wonder the POO extended his tenure of regime against the doctrine.

 

[BEISHA]

Set the count down timer for a moderation on this one...

View attachment 40427

Why do you even bother ?

 

[cruiser51]

Where was the US , when AVZ were putting out the " feelers " for offtake ?

I weas banging on about it for the longest time at HC.........AVZ needed diversity to avoid potential chinese collusion via the order of President Winnie the poo.......

View attachment 40469

Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests

Make no mistake, China want to dominate lithium supply too via Manono............the US only has themselves to blame for the predicament above.

Albermarle now getting desperate, tried a TO for LTR..................failed.

Albermarle now negotiating a JV with MIN.

Why didnt Albermarle seek a offtake with AVZ ?

Not to worry Albermarle, there is another option you can look at.............PARADOX , Utah..... ( monster in waiting )

BTW folks, what do you reckon the net worth is for Winnie the Poo ?

$1.2B...........

Thats a farken tonne of brown paper bags............and China is a communist country ...

One rule for him and different rules for his people, no wonder the POO extended his tenure of regime against the doctrine.

Talking about Mineral Resources:

MinRes pulls plug on lithium megadeal​

Chris Ellison’s Mineral Resources is eyeing sites in South-East Asia for a lithium processing plant after pulling out of a billion-dollar deal in which it would have acquired a stake in Chinese downstream assets owned by battery chemicals giant Albemarle.

MinRes is also selling its stake in Albemarle’s Kemerton lithium hydroxide plant in Western Australia’s southwest as Mr Ellison moves to try to fund and build his own downstream processing plant, and ramps up pressure on the federal and WA governments to subsidise an investment onshore.

MinRes lithium chief executive Josh Thurlow said the Perth-headquartered company had unlocked capital in a move that opened the door to investing in its own integrated lithium hydroxide assets onshore or overseas.

 

[9cardomaha]

152

Didn't have a stroke (maybe of my willy but that's neither here nor there), just some cryptic bullshit from me.

 

[JasonM]

152

View attachment 40474

Didn't have a stroke (maybe of my willy but that's neither here nor there), just some cryptic bullshit from me.

hmmm, lets see, another 152 days to go or TO at $1.52/sh, you've only got $1.52 left as all you're money is with avz, dont know, give up.

 

[geo_au]

For gods sake Cumquat stop complaining, our Management are still negotiating in order to sort out this mess. We will either go mining or a deal will be struck. If we have to remain in suspension for a while longer then so be it.

 

[geo_au]

Where was the US , when AVZ were putting out the " feelers " for offtake ?

I weas banging on about it for the longest time at HC.........AVZ needed diversity to avoid potential chinese collusion via the order of President Winnie the poo.......

View attachment 40469

Currently, China operates 15 of the 19 cobalt producing mines in the DRC, which has created dominance for the Chinese Communist Party over global critical mineral supply chains which directly harms U.S. strategic interests

Make no mistake, China want to dominate lithium supply too via Manono............the US only has themselves to blame for the predicament above.

Albermarle now getting desperate, tried a TO for LTR..................failed.

Albermarle now negotiating a JV with MIN.

Why didnt Albermarle seek a offtake with AVZ ?

Not to worry Albermarle, there is another option you can look at.............PARADOX , Utah..... ( monster in waiting )

BTW folks, what do you reckon the net worth is for Winnie the Poo ?

$1.2B...........

Thats a farken tonne of brown paper bags............and China is a communist country ...

One rule for him and different rules for his people, no wonder the POO extended his tenure of regime against the doctrine.

All things not well in China at this point in time. The communist party is rethinking how to do business with the West. In a nutshell the dragon is licking its wounds.

 

[Xerof]

152

View attachment 40474

Didn't have a stroke (maybe of my willy but that's neither here nor there), just some cryptic bullshit from me.

15.2 billion for half in a JV - nothing cryptic there 9card

Oh, USD plus a cap

 

[Remark]

152

View attachment 40474

Didn't have a stroke (maybe of my willy but that's neither here nor there), just some cryptic bullshit from me.

So you're saying USD$12.33 a share

 

[cruiser51]

View attachment 40475

So you're saying USD$12.33 a share

Are you der geist?

 

[Remark]

Are you der geist?

Indubitably

 

[Skar]

So will AVZ be releasing a new JORC compliant resource figure after all this drilling or we thinking the drilling was to cement ( or try to ) some form of deal behind closed doors?

I emailed the company asking this, they directed me to the latest drilling announcement (i.e politely told me to get stuffed).

Until the court cases are concluded I don't think we will see much of anything... which leaves shareholders out in the lurch when the company is spending all our investment $$$ developing this resource when it could very well be stolen from us (if you believe the detractors).

 

[MoneyBags1348]

Just for a moment you reminded me of this bloke

 

[RHyNO]

How are there so many trolls with the same pot stirring bullshit coming out of woodwork.

 

[9cardomaha]

View attachment 40475

So you're saying USD$12.33 a share

 

[wombat74]

I emailed the company asking this, they directed me to the latest drilling announcement (i.e politely told me to get stuffed).

Until the court cases are concluded I don't think we will see much of anything... which leaves shareholders out in the lurch when the company is spending all our investment $$$ developing this resource when it could very well be stolen from us (if you believe the detractors).

There won't be any court cases . IMO

 

[9cardomaha]

There won't be any court cases . IMO

I don't know, wife keeps talking about divorce, that's gonna be a court case

 

[Skar]

There won't be any court cases . IMO

I am hopeful there will not be either... common sense would be for all parties to come together to an amicable arrangement (respect the laws).

Common sense has thus far not prevailed though.

 

[cruiser51]

I don't know, wife keeps talking about divorce, that's gonna be a court case

Maybe it makes more sense to do the financial settlement right now, don't wait for the divorce.
Don't forget US$12 = AUD$ 17.72.