AVZ Discussion 2022

[Dazmac66]

So AVZ go broke. What happens to the world's most significant ore body? China simply take control by handing out a few donations while Europe the US, Japan, Korea become more reliant on China. Massive political upheaval currently evolving to overcome China's monopoly on critical minerals! Something big has to happen for the Manono lithium deposit to avoid China taking control. It is just too strategic to be gifted to China.
At this point I really couldn't give a pineapple if China gets the whole lot as along as we get decent compensation. AVZ owes nothing to Australia, US etc they have not lifted a finger to assist in our fight! An acceptable Chinese offer and I'm out of Africa!!!

 

[wombat74]

So AVZ go broke. What happens to the world's most significant ore body? China simply take control by handing out a few donations while Europe the US, Japan, Korea become more reliant on China. Massive political upheaval currently evolving to overcome China's monopoly on critical minerals! Something big has to happen for the Manono lithium deposit to avoid China taking control. It is just too strategic to be gifted to China.
At this point I really couldn't give a pineapple if China gets the whole lot as along as we get decent compensation. AVZ owes nothing to Australia, US etc they have not lifted a finger to assist in our fight! An acceptable Chinese offer and I'm out of Africa!!!

From what I've heard AVZ is not going broke .

 

[Dazmac66]

Agreed - devil's advocate mate.

 

[Azzler]

I'm feeling a tickle.
In my pickle.

 

[Frank]

DRC-USA: Washington welcomes the new contract for the purchase and processing of Germanium

The United States of America, President of the Mineral Security Partnership (MSP) welcomed the new contract for the purchase and processing of Germanium finalized between STL, a subsidiary of Générale des Carrières et des Mines in the Democratic Republic of Congo and the Belgian company Umicore, the ACP learned on Friday May 10, 2024 from a press release.

“As Chair of the Mineral Security Partnership (MSP), the United States of America and its MSP partners welcome the new germanium purchase and processing contract finalized between the STL , a subsidiary of Générale des Carrières et des Mines (Gécamines) in the Democratic Republic of Congo (DRC), and the Belgian company Umicore, which is advancing cooperation in this area,” we read in the Department’s press release.

According to this press release, this collaboration between MSP partners and the private sector is powerful proof of MSP's ability to secure and diversify critical mineral supply chains, which bring economic benefits to local communities and countries like the DRC.

As highlighted by Umicore and Gécamines officials, this agreement will also support sustainable recycling and the circular economy, develop new technical skills and expertise in the DRC, and strengthen the role of Gécamines and the DRC in as an important player in the processing of critical minerals.

This important agreement, reached through close collaboration with the 15 MSP partners, significantly increases the global supply of germanium, which is used in semiconductors, optical cables, solar cells and many other products.

The processed germanium will ultimately strengthen the supply chains of the American, European and Japanese markets.

mediacongo

 

[Doc]

Until AVZ secure $$$ the DRC will sit back and wait for us to go broke . Stall/delay tactics still in play .

Here’s hoping this 4th order includes awarding of the accumulating penalties for failure to adhere to courts judgments. Locke would throw the money at us if we had that in the back pocket imo

 

[Azzler]

Incredible skies over Melbourne last night!
(not my photos)

I'm taking it as a good sign for us AVZ investors.

News can't be far away now.

 

[Frank]

So true

 

[JNRB]

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So true

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If you were to look at the website of a restaurant and it said "the moral basis of our operation is food hygiene. Our food absolutely for sure does not have salmonella"...
I'd be pretty suss

 

[Frank]

 

[Rediah]

 

[Rediah]

 

[BRICK]

ANN out

 

[CHB]

Lol so can't get any interim financial penalties... Fk me

 

[Pokok]

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Well now I am confused ,

 

[Rediah]

Well now I am confused ,

....
The Company’s preference remains to achieve a negotiated resolution of dispute with the DRC State. The Company understands it is expected the DRC Government’s new cabinet will be appointed shortly and is hopeful negotiations with the DRC State can then proceed. Nonetheless, the Company remains steadfast in its resolve to prosecute the ICSID arbitration proceedings to their conclusion if that proves to be necessary.....

 

[Hodlandwin69]

I thought cabinet was sorted? Fuck me takes a long time....

....
The Company’s preference remains to achieve a negotiated resolution of dispute with the DRC State. The Company understands it is expected the DRC Government’s new cabinet will be appointed shortly and is hopeful negotiations with the DRC State can then proceed. Nonetheless, the Company remains steadfast in its resolve to prosecute the ICSID arbitration proceedings to their conclusion if that proves to be necessary.....

 

[Pokok]

....
The Company’s preference remains to achieve a negotiated resolution of dispute with the DRC State. The Company understands it is expected the DRC Government’s new cabinet will be appointed shortly and is hopeful negotiations with the DRC State can then proceed. Nonetheless, the Company remains steadfast in its resolve to prosecute the ICSID arbitration proceedings to their conclusion if that proves to be necessary.....

That part I got but did I read no money coming our way at this time correct me if i'm wrong

 

[BRICK]

I thought cabinet was sorted? Fuck me takes a long time....

many bags to pass round....

 

[oxxa23]

Well now I am confused ,

It's accumulating but they can't order immediate payment....

Tbh, don't think we'll ever get cash from the penalties.
.. but, we may well get more of the project % in lieu of....