AVZ Discussion 2022

[whales]

This is very good news as it provides the DRC not to have total reliance on Chinese investment .
If conditions imposed on investment by China in the DRC are not favourable now can negotiate as the EU plus USA involvement provides an additional market.
This can only improve AVZ obtaining its rightful mining licence as Monano is a critical supply source .
No one will invest in DRC if ML is not awarded to AVZ.
Decision time for FT.
As for the bonus payment maybe management are hopeful for a resolution on ML.
All Imo

 

[Louweeza]

Revoked permits, unstable regimes and insurgent attacks – what can go wrong investing in Africa?

An increasing number of ASX-listed mining companies are falling victim to African sovereign risk.

www.smh.com.au

 

[Azzler]

Revoked permits, unstable regimes and insurgent attacks – what can go wrong investing in Africa?

An increasing number of ASX-listed mining companies are falling victim to African sovereign risk.

www.smh.com.au

It's nice to get a shoutout.

 

[Mr Inappropriate]

It's nice to get a shoutout.

I would love to have seen old mate T-bag's version of this article. Maybe T-bag's got rejected so they subbed this other guy in...

 

[Carlos Danger]

Revoked permits, unstable regimes and insurgent attacks – what can go wrong investing in Africa?

An increasing number of ASX-listed mining companies are falling victim to African sovereign risk.

www.smh.com.au

I would love to have seen old mate T-bag's version of this article. Maybe T-bag's got rejected so they subbed this other guy in...

This is not what happened. Looks like the SMH shares a fact check department with the AFR. Judging from the quality of this research it's better to invest in Africa than be a dipshit 'journalist' that writes about memes.

 

[Retrobyte]

I've gone back and had another look at this to try and absorb it properly.
I think the above is specifying the remuneration package. (ie. How much bonus they would be entitled to, not how much they actually got.)
I dont think they received these bonuses, as:

View attachment 46009

Would have to go through the financials to confirm, but the footy is about to start.

 

[Winenut]

View attachment 46028

I'm assuming you're happy with the result?

 

[Thunderpony]

This is not what happened. Looks like the SMH shares a fact check department with the AFR. Judging from the quality of this research it's better to invest in Africa than be a dipshit 'journalist' that writes about memes.
View attachment 46026

AI Generated, much like HC ads. Shame, SMH, shame.

 

[Carlos Danger]

AI Generated, much like HC ads. Shame, SMH, shame.

Freelance journalist and day trader are just euphemisms for unemployable

 

[oxxa23]

https://x.com/emil_jens/status/1708639285161676912?s=20

DRC REQUIRES A MINIMUM OF $30 BILLION FOR ELECTRIC BATTERY INDUSTRY DEVELOPMENT​

SEPTEMBER 25, 2023 CONSTANCE
The Arise firm has unveiled the results of its pre-feasibility study on the development of the electric battery industry in the Democratic Republic of Congo (DRC) on Thursday, September 21, 2023, in New York, United States. The report indicates that the investment required for this ambitious project is approximately $30 billion.
Although preliminary, the study reaffirms the feasibility of manufacturing battery precursors within the DRC.
Julien Paluku Kahongya, the Congolese Minister of Industry, hailed the significance of this study, emphasizing its potential to attract partners interested in investing in Africa, particularly the DRC.
He highlighted that this endeavor extends beyond battery production, encompassing investments in energy, infrastructure, and transportation.
The study’s projections suggest that this massive project could generate nearly $7 trillion by 2040. While African economies currently capture only 3% of the raw material market value, the study envisions raising this figure to between 30% and 40% through local processing.
Furthermore, the Arise firm predicts that establishing a factory for battery precursor production in the DRC would create approximately 40,000 direct jobs and over 160,000 indirect jobs.
The report also underscores the need for more than 380 mines to meet the demands of this expansive mining initiative.
Launched by the Democratic Republic of Congo two years ago and subsequently joined by Zambia, the electric battery precursor factory project aims to position Africa as a driving force in combating climate change while fostering economic emergence and shared prosperity with other continents.
Visits:116 Today: 15 Total: 6203069

LIKE THIS:​

 

[Bonsoir]

https://x.com/emil_jens/status/1708639285161676912?s=20

DRC REQUIRES A MINIMUM OF $30 BILLION FOR ELECTRIC BATTERY INDUSTRY DEVELOPMENT​

SEPTEMBER 25, 2023 CONSTANCE
The Arise firm has unveiled the results of its pre-feasibility study on the development of the electric battery industry in the Democratic Republic of Congo (DRC) on Thursday, September 21, 2023, in New York, United States. The report indicates that the investment required for this ambitious project is approximately $30 billion.
Although preliminary, the study reaffirms the feasibility of manufacturing battery precursors within the DRC.
Julien Paluku Kahongya, the Congolese Minister of Industry, hailed the significance of this study, emphasizing its potential to attract partners interested in investing in Africa, particularly the DRC.
He highlighted that this endeavor extends beyond battery production, encompassing investments in energy, infrastructure, and transportation.
The study’s projections suggest that this massive project could generate nearly $7 trillion by 2040. While African economies currently capture only 3% of the raw material market value, the study envisions raising this figure to between 30% and 40% through local processing.
Furthermore, the Arise firm predicts that establishing a factory for battery precursor production in the DRC would create approximately 40,000 direct jobs and over 160,000 indirect jobs.
The report also underscores the need for more than 380 mines to meet the demands of this expansive mining initiative.
Launched by the Democratic Republic of Congo two years ago and subsequently joined by Zambia, the electric battery precursor factory project aims to position Africa as a driving force in combating climate change while fostering economic emergence and shared prosperity with other continents.
Visits:116 Today: 15 Total: 6203069

LIKE THIS:​

10 billion required for development & 20 billion for corruption.

 

[Carlos Danger]

https://x.com/emil_jens/status/1708639285161676912?s=20

DRC REQUIRES A MINIMUM OF $30 BILLION FOR ELECTRIC BATTERY INDUSTRY DEVELOPMENT​

SEPTEMBER 25, 2023 CONSTANCE
The Arise firm has unveiled the results of its pre-feasibility study on the development of the electric battery industry in the Democratic Republic of Congo (DRC) on Thursday, September 21, 2023, in New York, United States. The report indicates that the investment required for this ambitious project is approximately $30 billion.
Although preliminary, the study reaffirms the feasibility of manufacturing battery precursors within the DRC.
Julien Paluku Kahongya, the Congolese Minister of Industry, hailed the significance of this study, emphasizing its potential to attract partners interested in investing in Africa, particularly the DRC.
He highlighted that this endeavor extends beyond battery production, encompassing investments in energy, infrastructure, and transportation.
The study’s projections suggest that this massive project could generate nearly $7 trillion by 2040. While African economies currently capture only 3% of the raw material market value, the study envisions raising this figure to between 30% and 40% through local processing.
Furthermore, the Arise firm predicts that establishing a factory for battery precursor production in the DRC would create approximately 40,000 direct jobs and over 160,000 indirect jobs.
The report also underscores the need for more than 380 mines to meet the demands of this expansive mining initiative.
Launched by the Democratic Republic of Congo two years ago and subsequently joined by Zambia, the electric battery precursor factory project aims to position Africa as a driving force in combating climate change while fostering economic emergence and shared prosperity with other continents.
Visits:116 Today: 15 Total: 6203069

LIKE THIS:​

We've put up 182m and look at how we have been treated. No fucking chance anyone will risk 30b on Felix's fantasy.

 

[Hodlandwin69]

Quiet arvo

 

[Winenut]

Quiet arvo

Sorry...

I didn't quite hear you...

 

[Beetleb]

I'm waiting for the 5th and 6th - I am thinking we will have a fair indication after this proceeding whether we should be confident about going mining or an continued up hill slog. Can we expect a decision on the 6th or will need to wait for a deecision? Can't wait for this to be over - with a positive outcome.

 

[Winenut]

I'm waiting for the 5th and 6th - I am thinking we will have a fair indication after this proceeding whether we should be confident about going mining or an continued up hill slog. Can we expect a decision on the 6th or will need to wait for a deecision? Can't wait for this to be over - with a positive outcome.

What are you hoping for on the 5th and 6th?

Do you have some intel?

 

[Carlos Danger]

I'm waiting for the 5th and 6th - I am thinking we will have a fair indication after this proceeding whether we should be confident about going mining or an continued up hill slog. Can we expect a decision on the 6th or will need to wait for a deecision? Can't wait for this to be over - with a positive outcome.

What are you hoping for on the 5th and 6th?

Do you have some intel?

Not sure when the decision will be known but we will probably hear whispers about how it went by the weekend. Franck Fwamba is usually all over these events.

From the announcement last week:

 

[CHB]

Surely everyone is excited to have a court case finally fucking happen.

In my mind it's already delayed again lol

 

[wombat74]

Not sure when the decision will be known but we will probably hear whispers about how it went by the weekend. Franck Fwamba is usually all over these events.

From the announcement last week:
View attachment 46112

Being a time wasting exercise on Zijin's part , how long will the official verdict take ? Can they appeal ? They will be shooting for an 11 hour delay . We can be sure of that .

 

[Carlos Danger]

They will be shooting for an 11 hour delay

@JAG better hope so