Perhaps at the same time these DRC politicians need to be aware that the foreign investors they are trying to attract are watching with interest and looking forward to seeing the full force of the law against the illegal and corrupt practices that are of full display here. Good for them to know they're not operating in some DRC bubble and are fully on display to the world.
Whats happened in the last 3 weeks thats turned to shit ,everything was fine & chummy ..Xmas champagne on ice with corks to pop according to Nige ..A new ATH then “POW” Halt followed by suspension ..Where’s our fearless leader ,had plenty of time to talk about Worlds best/largest deposite but tomorrow we need to come out of suspension .You can’t tell me this shit wasnt going down whilst we were trading .The DRC government are all over travelling ,photo shoots talking it up on the world stage ,shaking hands with X,Y & Z but get things sorted …Im with you TO @ $1.50+ & Get the fuck out of there …I don't think they're corrupt but they're walking a tight rope, one I'd never want to walk, unless I had a death wish, because I'd bring down the hammer swiftly
The problem is not so much losing as it is how long this will take to clean up properly. We could potentially be suspended until at least late this year if the progress remains at this speed, or come out of suspension prior to that with a management assurance that we are all good, which won't be good for the SP while all this shit continues in the background. All I can say is I hope I'm wrong and there's some bloody serious talks going on behind closed doors, and if there's not AVZ management right now would be thinking fuk a duk wth are we going to tell our shareholders for the next 3-9months(a guess) while this cesspool of fecal matter is hopefully sorted.
Two letters Nige: T O ...if you can get us at least $1.70
CATH we don't have your 24% but for circa $6-7b you can have majority ownership eg. everything we've got, and not even we are sure what % that is, go sort it out with ya mates, whom I'm sure you've been speaking to anyway
but yeah 15% just sold for $33m so at 75% best case AVZ is worth $165m(4.5cents) TO to these Chinese frauds?, fuk off, these same frauds have paid $1-3b TO's for resources not even 1/4 of Manono's potential....what an absolute shitshow, even the $240m for 24% is bs considering they haven't paid it....I'd dead set rather pay them the $20m and then turn around and say you can have ya 24% ONLY if you pay for a 10mtpa mine yourself straight out(and 24% of everything thereafter), otherwise eff off, cos we dont trust you either, and we'll do a CR or get other finance for the mine etc and ditch as many Chinamen as we can......orrrrr you can have your 24% for $240m if you go fight ya chinese dogs(Cong, Zijin, and Klaus) off and get them to withdraw their claims for any % and tailings on our ground...how's that sound cathy baby? yes? ok great, no? ok go hurry up and build the battery hub so we can feed it, in the mean time we'll go take some offtake offerings after PLS's latest auction compared to the price you offered us long ago while ya kept ya $240m in ya pocket, trying to hold all the cards.
How'd we get here? oh yeah, frauds paying money to the frauds and thus far not a single word from the government....they better bloody be doing something behind those closed doors
Im 65% there will be another extension and 45% i hope the fuck we smash it out of the park.So anyone for a bet there will be some shit short article out before kick off tomorrow?!
I'm willing to bet there will be some sort of attempt!
So anyone for a bet there will be some shit short article out before kick off tomorrow?!
I'm willing to bet there will be some sort of attempt!
Yea been wondering if they have learnt from last time, maybe they will release something once we are out ?So anyone for a bet there will be some shit short article out before kick off tomorrow?!
I'm willing to bet there will be some sort of attempt!
Possible mate, let’s see hey..
Yeah doesn't take long to smell the bullshit, that's for sure.
This is perfect for you Frank, your current car looks like this doesnt it ?Fyi, Fwiw, Anywhere between 0.02c and $1.50 atm
Westpac joins banks offering cheaper loans for electric and hybrid vehicles
One of Australia’s Big Four banks, Westpac, has launched an offer of lower interest rate loans for customers buying a new or used hybrid or electric vehicle.
The banking giant says it did its own research and found that more than two thirds (67%) of Australians were citing cost as the biggest barrier to buying a hybrid or electric vehicle.
To help overcome that barrier, Westpac is offering a new loan product targeting new or used (up to seven years’ old) hybrid or fully electric cars of anywhere between $10,000 – $100,000 at a fixed interest rate of 4.99% p.a. (compared to 6.21% p.a.) over 1-7 years.
There are some basic requirements for eligibility and a list of eligible cars – it’s 93 pages long and covers a LOT of non-plug-in hybrids) – and the bank also offers loans at 10% greater than the amount of the chosen car, to cover on-road costs.
Westpac says the survey of its customers also found that 70% of Australians plan to own a hybrid or electric vehicle in “the future,” with 34% of current petrol and diesel car drivers looking to make the switch for their next auto purchase.
“We know that cost is one of the biggest barriers to hybrid and electric vehicle uptake, so this offer can help more customers transition to a greener vehicle,” said Chris de Bruin, Westpac chief of consumer and business banking.
“Given the recent increase in petrol prices, electric and hybrid vehicles appeal to the environmentally conscious, and the financially conscious too.
“We expect demand for these vehicles will continue to rise, with many Australians already planning to make the change,” de Bruin added.
“We’re also seeing new government incentives, improved access to charging stations, and more manufacturers offering hybrid and electric vehicles, which will help accelerate the transition.”
Behyad Jafari, CEO of the Electric Vehicle Council said the new offer from Westpac represented another opportunity for Australians to save by going electric.
“We know the majority of Australians are now actively considering an electric vehicle as their next car and this initiative will help them make the shift.
“Given the average Australian household currently spends $3,700 a year on petrol and diesel, the purchase of an electric vehicle would ease real pressure on the monthly budget.”
Westpac is not the only Australian bank offering EV-friendly loans.
Macqurie Bank offers rates starting from 3.99% per annum as part of a specialised electric vehicle buying service that it has set up “to make the transition easier.”
Bendigo Bank, which has offered a “green loan” product for 20 years, earlier this year announced that the interest rate for a secured Green Loan to buy a second-hand EV would be reduced by 180 basis points to 4.99%.
Pepper Money – which is the company through which Tesla does its EV financing in Australia – also offers a fixed 3.99% p.a. with no ongoing monthly fees and “a host of soon-to-be-announced benefits” for the purchase of an EV.
Pepper’s electric car loan calculator offers an estimate on repayments for a new or used EV and claims to have financed one in nine electric vehicles sold in Australia, thus far.
Plenti, meanwhile, offers a slightly higher interest rate – from 5.49% p.a. – but perhaps offsets that with no monthly fees, no early repayment fees and the ability to be able to “bundle” the costs of buying an EV, including home charging and a promise of future access to discounted comprehensive insurance.
The Driven
The Driven is Australia’s most-read electric vehicle news site, covering the latest EV stories both in Australia and overseas.thedriven.io
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Food for thought on the Road buying a new or used EV.
Could be due to DRC Mining week starting June 1st till the 3rd.
www.drcminingweek.com
