AVZ Discussion 2022

TDITD

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I'm going by mainly this tweet and his responses to it. Not so much antiAVZ, just more pro DRC and I feel that he's saying AVZ are taking too much of the project from the DRC.


I took it as he was trying to flesh-out (not to be confused with the popular fleshlight) the idea/reality that PR05 in his wisdom (insert sarcasm) has appointed those two dickheads to fix the colossus of a mess they have created. Time is ticking, ICC and ICSID approach's mmmmmmm ICSID.

He is aware we want justice, he is also aware that's not a DRC pastime, they much prefer bribes and keeping their populace in poverty. So in my braincell deficient opinion I think he was trying to in essence say/highlight we will need to deal with Corruptomiere and they will HAVE to deal with us too (as they are broke and we have ROFR in the JV), kinda obvious to many here but he is a reporter, so he is bringing the news to those unaware.

He is definitely not against us, but he is definitely for DRC. Franck on the other hand, has a special dislike for Chinese companies in DRC, Francks good, be like Franck 😂
 
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oxxa23

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I took it as he was trying to flesh-out (not to be confused with the popular fleshlight) the idea/reality that PR05 in his wisdom (insert sarcasm) has appointed those two dickheads to fix the colossus of a mess they have created. Time is ticking, ICC and ICSID approach's mmmmmmm ICSID.

He is aware we want justice, he is also aware that's not a DRC pastime, they much prefer bribes and keeping their populace in poverty. So in my braincell deficient opinion I think he was trying to in essence say/highlight we will need to deal with Corruptomiere and they will HAVE to deal with us too (as they are broke and we have ROFR in the JV), kinda obvious to many here but he is a reporter, so he is bringing the news to those unaware.

He is definitely not against us, but he is definitely for DRC. Franck on the other hand, has a special dislike for Chinese companies in DRC, Francks good, be like Franck 😂
can we sponsor "be like franck" programs in DRC schools? :)
 
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Dazmac66

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So the price of 33mill has been set and accepted by Cominiere! I wonder if they will take 31? It is second hand!
 
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Azzler

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I'm probably clutching at straws, but just felt his tune has shifted a bit
Kiki and Franck are good people.
They aren't pro AVZ, they are pro DRC and they will always care about the interests of the DRC first.
AVZ just happen to be good for the DRC so we have their support for now, and thank god for them to be honest.
But they will cast a critical eye on our goings on there, as they should.

One thing that suprised me is that they wern't bribed by Zijin to shut up.

Remember that Kas fellow? He was very pro AVZ, but one day turned 180 on us.
I suspect he was offered something, and if so you know I wouldn't blame him, there's SO much poverty over there.
I don't mean to cast a bad light on him, it's just something I wondered about.
 
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Pokok

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BEISHA

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@BEISHA I wasn't referring to Zijin, they are not shareholders in MMCS, whereas some of the DRC pollies (or ex-pollies) allegedly are
Lol, who do you think funds the DRC pollies or hopefully soon to be ex , aka Celestine Kibeya & co ?

Who is funding the Cominiere / Zijin compensation claim against AVZ aka ICC arbitration ?

It certainly aint Cominiere...;)


imo
 
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I'm going by mainly this tweet and his responses to it. Not so much antiAVZ, just more pro DRC and I feel that he's saying AVZ are taking too much of the project from the DRC.


That’s nice that he wants more for the DRC. By extension it also means that the DRC should ignore its own laws, both legislative (mining code), and contract law (the JV).

He’s actually undermining the idea of rules/based order and (presumably) inadvertently providing cover for those who want to break the rules for their own corrupt purposes.

He needs to either pull back from this nonsense, or advocate for changes to the mining code.
 
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I had a dream last night that Nigel DMed me and told me that people will make at least a 6% profit by end of year. I think he was referring to max share price. So by end of year share price or TO will be $1.45
 
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John25

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Thanks for the reminder , now I have to pay my ex her monthly money ,, :mad:
Maybe your ex might like to join our BoD …apparently they get paid monthly as well …we’re all winners with that winning grin
AA05E3FB-E14E-4127-8A88-3C00C57CA781.png
 
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John25

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Geez @JAG you’ve upset that Koolade Kunt …maybe a bit pissed you never sent him/her/it an AVZ cap…just visited the Crapper …no fun there 😐😝🤷‍♂️the only person ive ever put on ignore here but forgot to on Crapper…think it does need a new cap whilst posting
1693535465993.gif
 
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Remark

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Geez @JAG you’ve upset that Koolade Kunt …maybe a bit pissed you never sent him/her/it an AVZ cap…just visited the Crapper …no fun there 😐😝🤷‍♂️the only person ive ever put on ignore here but forgot to on Crapper…think it does need a new cap whilst posting
View attachment 43542
Firstly, fuck you John for making me visit the Crapper😂

Koolade really has it in for @JAG,

1693537092441.png


but it's good to see @wombat74 got your back @JAG.

1693537231169.png


Apologies for bringing the Crapper here but @John25 made me do it.
 
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cruiser51

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Kiki and Franck are good people.
They aren't pro AVZ, they are pro DRC and they will always care about the interests of the DRC first.
AVZ just happen to be good for the DRC so we have their support for now, and thank god for them to be honest.
But they will cast a critical eye on our goings on there, as they should.

One thing that suprised me is that they wern't bribed by Zijin to shut up.

Remember that Kas fellow? He was very pro AVZ, but one day turned 180 on us.
I suspect he was offered something, and if so you know I wouldn't blame him, there's SO much poverty over there.
I don't mean to cast a bad light on him, it's just something I wondered about.
Just to remember...

The average Congolese person is 500% more patriotic pro DRC than the average Australian is pro Australia.
Insulting their President, or their leaders is seen in a different light than us writing against our PM, or our ministers.

The DRC is a very young nation, fighting for its independence, still is, and yes as part of that with corruption.
The Congolese are very passionate in everything they do, even their patriotism.
Not understanding this, while investing in countries like the DRC is not smart.

Maybe some could take some history classes this weekend about the DRC to help shaping their understanding of that country and its population.

I hope this helps.
 
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Xerof

Biding my Time 1971
Lol, who do you think funds the DRC pollies or hopefully soon to be ex , aka Celestine Kibeya & co ?

Who is funding the Cominiere / Zijin compensation claim against AVZ aka ICC arbitration ?

It certainly aint Cominiere...;)


imo
Forget it, not worth trying to explain. I'm not a stupid dumb cunt, and not many have picked up on what was actually happening with that particular case.

So COMINIERE have the 5% back, (yet to see any proof on RCCM of that, but will assume it's there). That will enable them to cede 10% to the STATE as required by THEIR fucking laws when the ML is issued. 8
 
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geo_au

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P
Kiki and Franck are good people.
They aren't pro AVZ, they are pro DRC and they will always care about the interests of the DRC first.
AVZ just happen to be good for the DRC so we have their support for now, and thank god for them to be honest.
But they will cast a critical eye on our goings on there, as they should.

One thing that suprised me is that they wern't bribed by Zijin to shut up.

Remember that Kas fellow? He was very pro AVZ, but one day turned 180 on us.
I suspect he was offered something, and if so you know I wouldn't blame him, there's SO much poverty over there.
I don't mean to cast a bad light on him, it's just something I wondered about.

Poverty on a mass scale is the result of extremely poor governance and corruption. Many african leaders will tell us how proud they are of their countries but in reality they are looking after their own interests not the general populace who they don't give a damn about. An exception to this is Botswana. Further, too much reliance is placed on donating countries to feed the poor and that has to STOP.
 
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Xerof

Biding my Time 1971
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TDITD

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can we sponsor "be like franck" programs in DRC schools? :)
This is a great idea, something we should push the AVZ charity to sponsor when we finally get mining !!

So the price of 33mill has been set and accepted by Cominiere! I wonder if they will take 31? It is second hand!
Agreed, and its Cominiere or more accurately Kibeya ($2M) & Lisette ($1.6M) soooooo in theory $31M as its second-hand, but also we must take away the money the thieves have stolen from the state = $27.4M. Deal.

Although in a fleeting moment of weakness, they could possibly take advantage by accepting $50M and a public apology from Kibeya wearing a dunce hat.
 
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cruiser51

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This is a great idea, something we should push the AVZ charity to sponsor when we finally get mining !!


Agreed, and its Cominiere or more accurately Kibeya ($2M) & Lisette ($1.6M) soooooo in theory $31M as its second-hand, but also we must take away the money the thieves have stolen from the state = $27.4M. Deal.

Although in a fleeting moment of weakness, they could possibly take advantage by accepting $50M and a public apology from Kibeya wearing a dunce hat.
Doesn't Cominiere still has to pay 25% of the drilling etc and DFS costs?
The DRC 10% becomes free carried after Cominiere cedes it to the government.
I reckon if Cominiere gives us the 15% they still owes us plus in excess of the US$ 500 million for holding up the project, plus all legal costs.

I don't give a fuck how much CKK stole from the DRC, that is something for the DRC to deal with, it is not for AVZ to meddle in that.
 
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TDITD

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I had a dream last night that Nigel DMed me and told me that people will make at least a 6% profit by end of year. I think he was referring to max share price. So by end of year share price or TO will be $1.45
$1.45 pardon-fuck that wasn't a dream my friend that was a hellish nightmare you were put through. A solid regime of intensive and repetitive beer consumption during at least a 10hr period should solve this.(y)

That lowly price will be surpassed within a month of us being back on the market good sir.

That sort of SP should be reserved for those poor, unlucky projects who cannot feasibly produce SC6 from simply DMS, for those whose strip ratio reads like a rugby score, for those unfortunate companies whose thin veined white gold is stuck hundreds of meters below the surface, for those poor souls whose grade tis not second only to Greenbushes, whose jorc resource is not over 400M tonnes at 1.65% Li2O (soon to be sizeably increased).

P.s

#DontForgetTheTin
 
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TDITD

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Doesn't Cominiere still has to pay 25% of the drilling etc and DFS costs?
The DRC 10% becomes free carried after Cominiere cedes it to the government.
I reckon if Cominiere gives us the 15% they still owes us plus in excess of the US$ 500 million for holding up the project, plus all legal costs.

I don't give a fuck how much CKK stole from the DRC, that is something for the DRC to deal with, it is not for AVZ to meddle in that.
Haha, well if we can get $3.6M off paying that cretinous oxygen thief then I'm all over it.

Cominiere don't owe us for drilling or DFS costs, but surely a court would favour us in lost $$ over their holding up of the project.

That would be hilarious, we pay them for the 15%, then go get it back and more in court for their shitfuckery. Obviously, they are broke but what a great display of karma that would be. If there was a way to freeze the $$ we pay them for the 15% then sue the twat that would be a cherry on top.

15% for free, and a debt they will never be able to repay to us so off to ICSID for the remainder. DRC being the one to take the fall here as its state owned, which is perfect medicine for them as they are the incompetent fools who have allowed this to happen. A nice out of court settlement on favourable changes to the SEZ for us, no doubt a fix too for the next fuckwittery out of Zijin which is likely the hydro plant.

One can dream I suppose, but this is business and IMO some motherfuckers need some lessons taught to them.
We will afterall be looking after those in Manono through jobs, knock-on effect of the mine bringing further economic growth, electricity and the AVZ charity, this route would predominatly hit the elite class, perfect.
 
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Xerof

Biding my Time 1971
Did someone mention pure DMS?????, without flotation? Let alone flotation only :cry::cry:

An interesting guy to follow on X. The poor bastards are going to be shitting bricks when AVZ is running up the hill (Kate Bush)

8



If a spodumene lithium miner can produce an SC6 product using DMS (dense media separation) with high recoveries, its the next best thing to having a money printer.

So why does a company such as $PLS need to use a combination of both DMS + Flotation? You'll probably need to understand some basics about DMS first. 👇

DMS is a very simple processing technique. It essentially separates minerals based on their density. Some typical densities for different minerals:

Quartz - 2.64 g/cm3
Feldspar - 2.58 g/cm3
Spodumene - 3.11 g/cm3
Iron Oxide - 5.24 g/cm3

The ore is first crushed to help liberate the spodumene from the other minerals. The ore is then placed into a DMS cyclone along with a HLS (heavy Liquid separation). The HLS generally has a density of 2.9g/cm3, slightly below the mineral you want to extract. The cyclone spins, the lighter minerals "float" through the HLS and the heavier minerals "sink" through it. Simple process! See below for a typical DMS.

That's why larger crystal sizes for spodumene are better, because they can be liberated (separated) from the waste materials with less crushing. Finer crystals are generally harder to separate from the junk material. They generally need to be crushed to powder in a ball mill and sent to flotation.

The main issue occurs when the spodumene can't be liberated from the junk (industry uses the term gangue) and if you imagine, if a sample is half spodumene and half feldspar, the new density will be (3.11+2.58)/2= 2.84g/cm3. So this will just float out with the junk and your recoveries will be bad!

4 products generally come out of a DMS.

1. A high grade spodumene concentrate
2. A low grade, waste product (lots of quartz and feldspar).
3. An intermediate product that contains composites of spodumene and waste.
4. Ore too small to be treated by DMS.

It is my understanding that $PLS introduced flotation to deal with points 3 and 4 above. Also, one of my previous posts I mentioned how $PLS purchased Altura Mining whose ore was quite coarse. They blend this ore with their own to improve the overall consistency of the feed grade.

$PLS are a well oiled machine with their processing. It will be interesting to see how companies such as $LTR go with pure flotation when they commission.

Ever wondered why some lithium hard rock companies are producing SC6 and others a product containing less lithium (SC5.5, etc.)?

Here's why whilst I sip my morning coffee (the crema is amazing today).

$PLS - SC5.5 $AKE - SC5.3 $MIN - SC6.0

First, understand that there are specifications set by converters that spodumene hard rock producers need to meet depending on how their product is graded.

There are two main grades of spodumene concentrate:
1.) Chemical
2.) Technical

A lot of people don't realise this but technical grade concentrate is more strict than chemical. Funnily enough, technical grade is used in glass and ceramics, and chemical is used for battery applications.

I believe the current specifications (what is preferred by converters) for each grade are as follows:

Chemical - (<0.8% Fe2O3, SC5.0-SC6.0)

Technical - (0.15% to 0.5% Fe2O3, >SC6.5)

Fe2O3 is iron oxide Li2O is lithium oxide

It really is a balancing act between the recovery rates and meeting the above specifications. You could produce SC6 but if your waste content (iron, mica, etc.) is high, your recoveries are going to fall through the floor.

Example: Say you've got a deposit that's li2O is 1.0%, 1.2% Fe2O3, a recovery rate of 75%. If you want to get SC6 and meet the specifications, you're going to need 8 tonnes of ore and you're going to have to deal with 9.6% Fe2O3!! An expensive process.

Compare that with a company that has 1.5% li2O, 0.6% Fe2O3 and a recovery rate of 75%. They need 5.3 tonnes of ore to achieve SC6 and only have to deal with 3.2% Fe2O3...

So companies will produce a product that gives them the most volume whilst still meeting the specifications. I should add that converters can still accept ore outside of these specs, but the high iron content will produce "clinkers" when they roast the spod at 1080degrees (a step in converting to hydroxide) which are difficult and costly to remove.

Summary: Waste content (iron, mica, etc.) is extremely important for lithium miners! Make sure you study the met work before investing. No two deposits are equal.



Off to exchange library books at the old school house for a few hours - actually, for Friday night drinks with the locals. Don't taunt me with shit later tonight
 
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