AVZ Discussion 2022

[Charbella]

We are working hard with the authorities in the Democratic Republic of Congo and with stakeholders from around the world to advance the Manono Project and to secure diverse critical minerals supply chains for the benefit of our shareholders and most importantly the people of the DRC. We will continue to pursue our objectives with care, while being sympathetic to the needs of our partners in country.

 

[Charbella]

I'm on a roll SilentOne . Leave me alone . What part of my post doesn't agree with you ?I'm being thought provoking . Out of curiosity does anyone know what we are paying the new members of the BoD ?Is it effective immediately ?

Litigation funders may vary in their practices, but it's not uncommon for some to charge an application fee to cover the costs associated with due diligence. This fee helps them assess the merits and risks of the case before deciding to provide funding.

 

[wombat74]

We are working hard with the authorities in the Democratic Republic of Congo and with stakeholders from around the world to advance the Manono Project and to secure diverse critical minerals supply chains for the benefit of our shareholders and most importantly the people of the DRC. We will continue to pursue our objectives with care, while being sympathetic to the needs of our partners in country.

 

[wombat74]

Litigation funders may vary in their practices, but it's not uncommon for some to charge an application fee to cover the costs associated with due diligence. This fee helps them assess the merits and risks of the case before deciding to provide funding.

"the fee helps them "

No pay . No play .

I knew a women like that .Pre marriage of course .

 

[Charbella]

"the fee helps them "

No pay . No play .

I knew a women like that .Pre marriage of course .

Would you work for free?

 

[wombat74]

Would you work for free?

End of the day AVZ have no choice .

 

[Scoota30]

Why would Felix simply not stop the ship from sinking rather than hatching some bizarre plan to let CKK be the fall guy while his vision of a battery hub in the DRC is potentially delayed in international arbitration courts?

Felix is on board with the mantra of resource nationalism. They want a bigger cut of the takings and ultimately aren't afraid to rat fuck us to get it if we won't do a deal as they see the lithium as their property. He literally promoted CKK by Presidential order after the purported termination of the Dathcom JVA and the initiation of the ICSID proceedings. This is all happening on his watch imo

If Felix really believed in AVZ running all of the pride lands he would have signed the MoU before the vote on MMGA. But instead he waited to see if a better option was available. The gringos obviously got him shook. But I think that has more to do with trying to avoid sanctions on his friends than anything else.

The ICSID is the only thing keeping us in the game which to me is a clear sign that he doesn't give a fuck about the law. The DRC mining code is crystal clear about reasons available to the state for termination of a PE. It shouldn't require outside forces to encourage him and the MoM to follow the path of reason but here we are.

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Let's give the toothless tiger some credit, he has managed to dangle that carrot and have us all believing he had a master plan behind the scenes, or that he can't be seen to publicly swing the axe "yet". Just imagine how much FaceTime Zijin and co have had with him, perhaps even a few wine and dine dinners.

I don't know why we keep defending him, but we probably shouldn't...

 

[wombat74]

Let's give the toothless tiger some credit, he has managed to dangle that carrot and have us all believing he had a master plan behind the scenes, or that he can't be seen to publicly swing the axe "yet". Just imagine how much FaceTime Zijin and co have had with him, perhaps even a few wine and dine dinners.

I don't know why we keep defending him, but we probably shouldn't...

Felix is Xi Jinping's puppet .

 

[cruiser51]

Let's give the toothless tiger some credit, he has managed to dangle that carrot and have us all believing he had a master plan behind the scenes, or that he can't be seen to publicly swing the axe "yet". Just imagine how much FaceTime Zijin and co have had with him, perhaps even a few wine and dine dinners.

I don't know why we keep defending him, but we probably shouldn't...

Chalmers enters into Northern Minerals rare earths row

Australia is talking tough in an escalating dispute over Chinese attempts to maintain a monopoly on the supply of materials essential in defence and other industries.

www.afr.com

 

[Hudnut]

Chalmers enters into Northern Minerals rare earths row

Australia is talking tough in an escalating dispute over Chinese attempts to maintain a monopoly on the supply of materials essential in defence and other industries.

www.afr.com

The AFR? Should we believe it? Tommy's articles haven't exactly been a bastion of journalistic excellence.

 

[CashKing]

We are working hard with the authorities in the Democratic Republic of Congo and with stakeholders from around the world to advance the Manono Project and to secure diverse critical minerals supply chains for the benefit of our shareholders and most importantly the people of the DRC. We will continue to pursue our objectives with care, while being sympathetic to the needs of our partners in country.

Wouldn’t mind the company I’ve invested in and tied up a great deal of money being sympathetic towards my needs ffs.

Don’t mean to sound like a C@nt but Fuxk bro I’ll be living in the DRC if this shit keeps up.

I want my money..
GLTAH

 

[9cardomaha]

"After consultation and negotiations with various potential funders, the Board has elected to proceed to a phase of exclusive due diligence with Locke until, at latest, 31 March 2024"

Various potential funders ? Funders that declined?

"In the event that the Term Sheet is terminated by Locke on the basis of due diligence, or the formal agreement is not executed by 31 March 2024 AVZ must pay Locke’s reasonable costs in relation to the Transaction capped at US$200,000"

So its a little more complicated than just % win. Burford from recollection doesn't fund even if you are 100% going to win, if the counterparty is poor as fuck, or in a jurisdiction which is hard to enforce, period, herp derp DRC.

I think most of the tier one funders are like that - its like a credit score, if your case is against the DRC, you have a shit rating, unless someone with tangible assets like Zijin is actually 100% in the fray (they aren;t currently but likely will be). So the more niche funders like Locke who are open to taking these risks are viable.

Funders that touch the DRC are pretty scarce, and obviously the first round of DD is going to say this is a dispute against the DRC, so if Locke is okay with it, or sees the potential it is a positive.

Burford also has a DD breakfee, in case clients withhold critical information, its north of 200,000 as standard, but they also have a fucking high % recoup track record so...

 

[cruiser51]

Chalmers enters into Northern Minerals rare earths row

Australia is talking tough in an escalating dispute over Chinese attempts to maintain a monopoly on the supply of materials essential in defence and other industries.

www.afr.com

Page 7 AFR:

 

[Xerof]

Page 7 AFR:

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Well, that's the nicest thang Tommy has ever said about AVZ. I think I love him

For clarity, I'm fucking joking of course

 

[Pokok]

Wouldn’t mind the company I’ve invested in and tied up a great deal of money being sympathetic towards my needs ffs.

Don’t mean to sound like a C@nt but Fuxk bro I’ll be living in the DRC if this shit keeps up.

I want my money..
GLTAH

Me also , I think I could leave TSE for 1 year and come back and find everyone still talking and hoping for their money , 15 years of trading I have never seen shit , dishonesty like this , , I am now hoping if I do get some money back that the DRC is totally fucked or is totally fucked by the Chinese they deserve it .

 

[BRICK]

Page 7 AFR:

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I wonder if they are also going to put this into a few local DRC papers

 

[BRICK]

Well, that's the nicest thang Tommy has ever said about AVZ. I think I love him

For clarity, I'm fucking joking of course

Tommy will probably throw up his Nutri Grains when he sees this

 

[BRICK]

In other news, after constatnt posting, we havnt heard from Cominiere on X since the 25th.....



Correction, hahaha since... yesterday ...fuck i was hopeful he may have been disolved in acid

 

[JNRB]

Page 7 AFR:

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"...consistent with ... US policy"

what do you think made them feel need to specifically mention US? Bit of a freudian slip?

 

[Xerof]

"...consistent with ... US policy"

what do you think made them feel need to specifically mention US? Bit of a freudian slip?