"What do you mean we didn't pay our taxes? It was all in that paper bag we gave you"Been said a thousand times on here, they bribe off the officials and just dont give a fuck. the world knows it, eveyone knows it and Felix dont give a fuck.
Manono: The suspension of Manono Lithium's activities is debated
The governor of Tanganyika province suspends the quarrying activities of the Manono Lithium mining company for an indefinite period. She criticizes this Chinese company for non-payment of taxes without specifying them. Civil society actors in Manono are demanding more transparency from the authorities in the measures they take.
The provincial authority expressed its decision in a decree signed on January 6. According to this document, “ the Manono Lithium company exploits gravel, rubble, and sand without authorization from the province. In addition, says the governor , the company does not pay state taxes.
Quarry work on behalf of the company Manono Lithium is suspended for non-payment of taxes due to the province and lack of prior authorization.
In addition, this measure applies to the transport and use of construction materials.
Transparency!
The Manono company, for its part, is asking the provincial authority for a little more precision in the accusations made against this company. Dieu Merci Kabila, coordinator of the Dynamic Regroupment for Christian Integration, demands more transparency.
Read also: https://magazinelaguardia.info/2024...-du-lithium-manono-toujours-dans-la-pauvrete/
We met this Wednesday with the administrator of the Manono territory to try to understand this dispute. What taxes does the company not pay? However, we have information that Manono Lithium pays fees to the service of SAEMAP . This gives the impression that the money is not reaching the state coffers. This is why, at the community level, we do not see benefits from our mineral wealth. And to continue, the territorial authority has undertaken to provide us with this information this Friday.
The civil society of Manono reminds that companies have the obligation to pay taxes. For its part, the State should improve the business climate.
Manono Lithium is a Chinese company which is in the Lithium exploration phase. She has just opened a road of almost 3 km which leads to her accommodation site. With the suspension of activities, nearly 200 local agents have been made unemployed.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Azzler
Top 20
Oh fucking dear, what now????
You have been suspended as of 11/01/24. The suspension will expire on 18/01/24. The reason given for the suspension is: Avoid doxing other users. The forum should be anonymous. Even the appearance of doxing or outing a member is a violation regardless of validity. Just an inappropriate topic to post or imply about.
Today, 03:05
Don't know what, who, or when I doxxed, would be nice if these unprofessional idiots would be a bit more specific.
It is called common curtesy, not everybody possesses that, or even can spell it.
So without really a reason one gets suspended, whoops doo, going to have sleepless nights about that one
But yeah Hoots, toilet and Geisty continue with their crap, it only shows what a forum hotcrapper is.
Best guess is because you said that Der Geist is Shanè Eastwood !
Well he got a post of me moderated the other day, about 4 months old, I wonder what they call that? Paranormal, or Paranoid?Best guess is because you said that Der Geist is Shanè Eastwood !
And poor hoots is panicking, he can't see why I got suspended.
Knowing that he reads every post on TSE, I might as well say: Hoots you are an absolute tosser, I hope one day the locals at your Queensland golf club will strangle you with your own golf clubs.
From Franck....
The Falchani property in Peru. Credit: Plateau Energy Metals
Canadian miner American Lithium said on Wednesday that the estimated value of its Falchani lithium project in Peru had tripled from the previous forecast to $5.11 billion and that it would have a potential operating life of 32 years.
Demand for lithium, a key metal used in rechargeable batteries for electric vehicles and other electronics, has soared in recent years.
Shares in American Lithium were up more than 5% mid-morning after the company raised the after-tax value of the Falchani project from the $1.5 billion estimated in 2019 on the current price of high-purity lithium carbonate.
The project, located in southern Peru near the border with Bolivia, is awaiting government approval of an early environmental permit study, which could fast track construction permits.
American Lithium last year quadrupled its deposit estimate at Falchani to 5.53 million metric tons of lithium carbonate equivalent following new drilling at the project.
It is the only lithium project underway in Peru, which neighbors the so-called “lithium triangle” of Chile, Argentina and Bolivia, which all hold significant deposits of the white metal.
Peru is also the second-largest copper producer in the world.
Falchani could also produce potash sulfate and cesium sulfate byproducts alongside lithium carbonate, which would bring the project’s after-tax value to $5.58 billion, American Lithium said.
The preliminary economic assessment demonstrates “the existing potential for high annual production and long mine-life at Falchani,” CEO Simon Clarke said in a statement.
(By Marco Aquino and Kylie Madry; Editing by Emelia Sithole-Matarise)
American Lithium sees Peru project value triple to $5 billion
Reuters | January 10, 2024 | 9:42 am Battery Metals Latin America Lithium
The Falchani property in Peru. Credit: Plateau Energy Metals
Canadian miner American Lithium said on Wednesday that the estimated value of its Falchani lithium project in Peru had tripled from the previous forecast to $5.11 billion and that it would have a potential operating life of 32 years.
Demand for lithium, a key metal used in rechargeable batteries for electric vehicles and other electronics, has soared in recent years.
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Shares in American Lithium were up more than 5% mid-morning after the company raised the after-tax value of the Falchani project from the $1.5 billion estimated in 2019 on the current price of high-purity lithium carbonate.
The project, located in southern Peru near the border with Bolivia, is awaiting government approval of an early environmental permit study, which could fast track construction permits.
American Lithium last year quadrupled its deposit estimate at Falchani to 5.53 million metric tons of lithium carbonate equivalent following new drilling at the project.
It is the only lithium project underway in Peru, which neighbors the so-called “lithium triangle” of Chile, Argentina and Bolivia, which all hold significant deposits of the white metal.
Peru is also the second-largest copper producer in the world.
Falchani could also produce potash sulfate and cesium sulfate byproducts alongside lithium carbonate, which would bring the project’s after-tax value to $5.58 billion, American Lithium said.
The preliminary economic assessment demonstrates “the existing potential for high annual production and long mine-life at Falchani,” CEO Simon Clarke said in a statement.
(By Marco Aquino and Kylie Madry; Editing by Emelia Sithole-Matarise)
Manono project:From Franck....
American Lithium sees Peru project value triple to $5 billion
Reuters | January 10, 2024 | 9:42 am Battery Metals Latin America Lithium
The Falchani property in Peru. Credit: Plateau Energy Metals
Canadian miner American Lithium said on Wednesday that the estimated value of its Falchani lithium project in Peru had tripled from the previous forecast to $5.11 billion and that it would have a potential operating life of 32 years.
Demand for lithium, a key metal used in rechargeable batteries for electric vehicles and other electronics, has soared in recent years.
SIGN UP FOR THE BATTERY METALS DIGEST
SIGN UP
Shares in American Lithium were up more than 5% mid-morning after the company raised the after-tax value of the Falchani project from the $1.5 billion estimated in 2019 on the current price of high-purity lithium carbonate.
The project, located in southern Peru near the border with Bolivia, is awaiting government approval of an early environmental permit study, which could fast track construction permits.
American Lithium last year quadrupled its deposit estimate at Falchani to 5.53 million metric tons of lithium carbonate equivalent following new drilling at the project.
It is the only lithium project underway in Peru, which neighbors the so-called “lithium triangle” of Chile, Argentina and Bolivia, which all hold significant deposits of the white metal.
Peru is also the second-largest copper producer in the world.
Falchani could also produce potash sulfate and cesium sulfate byproducts alongside lithium carbonate, which would bring the project’s after-tax value to $5.58 billion, American Lithium said.
The preliminary economic assessment demonstrates “the existing potential for high annual production and long mine-life at Falchani,” CEO Simon Clarke said in a statement.
(By Marco Aquino and Kylie Madry; Editing by Emelia Sithole-Matarise)
"Hoots you are an absolute tosser, I hope one day the locals at your Queensland golf club will strangle you with your own golf clubs."
four !!!
I got your DM, but cant reply.....
ozmacca
Regular
A thought/question after a few (too many) Thursday tins... say there's damages awarded at ICSID, be it $[2], [5], [10]b etc., and of course assuming DRC can pay this somehow, there's a lot of talk of a "buyout" and us SH's get our cash. (I think DR tax would take a cut first?).
Realistically this money would go to AVZ, and there's no obligation on them to pay out SHs is there, which would basically dissolve the company? Nigel has mentioned at 2022 roadshow i went to and i think in the the AGM recording recently that they are looking at other projects, so what would stop them saying hey we're taking that cash and funding our exploration in to other territories. AVZ stays as AVZ, Market realises AVZ no longer has a Manono cash cow and SP tanks. and SHs are screwed.
Is this realistic at all or am I on a hops trip?
Realistically this money would go to AVZ, and there's no obligation on them to pay out SHs is there, which would basically dissolve the company? Nigel has mentioned at 2022 roadshow i went to and i think in the the AGM recording recently that they are looking at other projects, so what would stop them saying hey we're taking that cash and funding our exploration in to other territories. AVZ stays as AVZ, Market realises AVZ no longer has a Manono cash cow and SP tanks. and SHs are screwed.
Is this realistic at all or am I on a hops trip?
It's a possibility. Either way the market cap will move to cash backing. I do think the company will pay and keep a portion for another project if that's what they want to keep doing.
Nooooo, I said he posts under about 800 different names and it was probably too close for him to the truth.Best guess is because you said that Der Geist is Shanè Eastwood !
Truth always hurts Shano.
Don't forget he lurks and posts here as well, same as wanker Hoots.
Ahh Groundhog Day. I remember the previous election and we were so happy Felix got in as he was the voice for change for the DRC. 5 years later here we are, sweet FA has changed. Just hope we not here in 5 years hinging our hopes on another election.
Get it done Felix, not for us but the people you represent. You can make a generational change for the people of the DRC ( and make me a few quid in the process )
Fingers crossed
Get it done Felix, not for us but the people you represent. You can make a generational change for the people of the DRC ( and make me a few quid in the process )
Fingers crossed
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Scoota30
Regular
Call me cynical but i wouldn't even bank on the reshuffle being a catalyst for the ML. Regardless, the ICSID provision hearing "should" be here any day/week now putting the brakes on the whole enterprise, and if they are going to agree to an MoU then you'd hope they would do it before May otherwise the ICSID rolls on to the next stage.
Could FIRB block a buyout?
Yep a reshuffle won't mean sh1t . AVZ does not have until May .It's all time wasting and excuses . DRC/China want AVZ to run out of money and f--k off . It's not rocket science .
Winenut
Go AVZ!
Not if the buyout is of Dathcom I don't think
Dathcom is the key to the ML and Manono
Dathcom is not domiciled in Australia so I'm not sure FIRB has any jurisdiction
Wouldn't be able to buyout AVZ directly per se but Dathcom a different kettle of fish
Happy to stand corrected if my interpretation isn't quite right
Carlos Danger
Top 20
If AVZ management and shareholders are happy to sell then what right do FIRB have to force us to stay in suspension with no end in sight
If the Australian government are serious about securing critical minerals supply chains then they need to either step the fuck up and help us or they can buy us out themselves if they don't want us selling to China
Carlos Danger
Top 20
We can also sell the buyer AVZI which will avoid FIRB and DRC taxes
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