AVZ Discussion 2022

[TheGermanOne]

RDC : Les sociétés minières appelées au respect du règlement minier lors l’élaboration des études de faisabilité - MINES.CD - Premier média congolais du secteur minier

Le ministère des mines a appelé les sociétés minières œuvrant en République démocratique du Congo au respect du règlement minier lors des élaborations des études de faisabilités. La ministre des Mines, Antoinette N’samba Kalambay a ainsi décidé dans une note circulaire dont une copie est...

mines.cd

In my opinion the instruction from the ministry of mines in article above is a result of the ICSID arbitration request. I think she advises indirectly the commission in charge to comply with the drc mining code. Hopefully I am right and this is a step in the right direction...

 

[CashKing]

Got absolutely royally fucked by CXO

She’ll be right IMO..

 

[Onthefm]

View attachment 40651

*What if, Mining Companies ( AVZ ) called upon DRC Government to comply with Mining Regulations instead, as

To remind,

View attachment 40652

These fucken elite's just don't do shame , embarrassment or guilt as they think there were bourn to rule and plunder their country as they see fit. There is zero compassion for the vast majority of of Congolese they deem to be worthless.

 

[Winenut]

Just waiting for an official annoucement from AVZ

Nothing else matters

Everything else is just BS and conjecture

What a fucking joke

Seriously.....a complete fucking joke

 

[Xerof]

It's like walking into a beautiful house with dogshit on your shoes.

Hey, thats an idea, anyone going to the home open?

 

[Cumquat Cap]

These fucken elite's just don't do shame , embarrassment or guilt as they think there were bourn to rule and plunder their country as they see fit. There is zero compassion for the vast majority of of Congolese they deem to be worthless.

Man I want to blast Antoinette so bad on that Mines.CD post asking miners to follow the mining code, what a crock of shit. Assume we're still playing nice on Twitter?

 

[Samus]

Man I want to blast Antoinette so bad on that Mines.CD post asking miners to follow the mining code, what a crock of shit. Assume we're still playing nice on Twitter?

Only until the end of the week.

 

[timb89]

Man I want to blast Antoinette so bad on that Mines.CD post asking miners to follow the mining code, what a crock of shit. Assume we're still playing nice on Twitter?

Anyone going to mines down under in Sept?

Surely one person who is in AVZ is? Would be great to see this question posed directly to her.

 

[Cumquat Cap]

I'd love to go and still might if it's not wrapped up by then. I'll pose as a waiter at the 4 seasons and ask her some questions directly - she's a fucking liar pretending to virtuous.

 

[Frank]

*To remind, AVZ is still a lead sponsor 2 months out

The DRC-Africa Battery Metals Forum is the prime engagement platform for cobalt, copper, lithium, nickel, graphite, manganese, rare earths and 3 T producers, battery manufacturers, traders, investors, and NGOs in Africa.

The forum is the meeting place for government, mining companies, key stakeholders, technology providers and end-users to facilitate dialogue in defining and building a new industry in the DRC.

Driven by the demand for batteries and electric vehicles, in a transparent and open environment, DRC-Africa Battery Metals Forum is committed to positioning the country as the African hub for battery metals production and manufacture.

The DRC-Africa Battery Metals Forum will contribute to building an inclusive and equitable battery metals industry in the heart of Africa, underpinning broad-based sustainable growth, local beneficiation and socio-economic development.

www.drc-africabatterymetals.com

 

[Dazmac66]

If this shit-show was a book you would think the author was on crack! After all this you read - Battery Metals Forum DRC Africa - AVZ Cobalt sponsor. FFS - If AVZ have paid one cent of shareholders money to be involved I want an explanation.

 

[Cumquat Cap]

Agree, can we get a refund if we're bought out by then? Shameless fuckers

 

[9cardomaha]

 

[Doc]

View attachment 40669

 

[Xerof]

View attachment 40669

Is that third item a separate entity?

 

[Rediah]

View attachment 40669

I can vouch for the third item in that list, not particularly in the same order though.

 

[9cardomaha]

Is that third item a separate entity?

Wait what do you mean?

Are you saying yours isn't detachable and placed on the bed stand?

 

[Remark]

I can vouch for the third item in that list, not particularly in the same order though.

They're just renting mine.

 

[timb89]

Speculation/Theory

1. July 6. CMOC and Geca has long been rumoured to be part of the new JV and have expressed interest in Congolese lithium. CATL also present in these discussions.

2. Also July 6. African Battery Metals change the date of their upcoming conference. Moving a conference 3 months before an event is no mean feat. With hotels and flights booked from many attendees, they would need a significant reason to do so. Old venue unavailable? More capacity required? Core announcement concerning a battery hub? What better place to make the latter.

3. It is of note that AVZ were the lead sponsor at this event, announced Sept 26 2022 with the original dates announced alongside with it. This was the one of the first posts they made with respect to the 2023 event tying AVZ directly to the event. Did they have any discussions with AVZ as to why they would make a good fit as lead sponsor? Was it just money? Refer back to the article in 1, take note of the phrasing "ambitious battery project" and "Manono".

4. Recently the two companies were in the headlines. Gecamines claiming CMOC owed them $7.6 billion USD.
A $1.5 Billion Hoard of Copper and Cobalt Is Piling Up in Congo - BNN Bloomberg
At the heart of the issue is state miner Gecamines’ claim that CMOC has been lying about its mineral reserves and owes the company $7.6 billion in royalties and interest.

5. July 19. CMOC and Gecamines came to an agreement, $7.6 billion USD to $0.8 billion USD reduction from the initial Gecamines claim. Quite the discount.
UPDATE 3-China's CMOC agrees to pay $800 million to end row with Congo's Gecamines | Reuters
“CMOC will further consolidate partnerships with Gecamines and expand co-operation in the new energy and other sectors,” it said. The firm is “committed to economic development and people’s welfare in Congo and making a greater contribution to co-operation between China and Congo,” it said.

6. Why would Gecamines give such a discount? Do they have any direct interest in the upstream battery sector? See the below article from June 27 2023. The quote is of note.
DR Congo sounds alarm about cobalt prospects | Financial Times (ft.com)
The new head of Gécamines, the Democratic Republic of Congo’s state mining company, said the country had missed the opportunity to leverage its dominance in the cobalt market and attract investment off the back of the metal vital for batteries in electric cars and electronics.

7. Furthermore, the CMOC and CATL relationship extends further than the meeting above.
China's CATL to take near 25% stake in CMOC | Reuters

8. Could the $6.6 billion USD saving that CMOC just made with Geca be used toward the purchase of something else?
6.6 billion USD minus DRC Tax (28%) = 4.8 billion USD
USD to AUD = 7 billion AUD
Divided by 3.5 billion shares on issue = $2 AUD/Share

This would align with Nigel comments at roadshows in regard to takeover needing to be above $1.50 ($2 is still to low IMO) and would put any (frivolous or otherwise) class action suits to bed. Hope this absolutely speculative post is off interest to others. I have no inside information concerning any of the above topics.

 

[RHyNO]

View attachment 40669

Post of the year right here!