AVZ Discussion 2022
- Thread starter GazDix
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Rediah
Regular
In other news...
More pressure on China on these essential minerals too. They can steal it but then they wont be able to sell it.....
www.drive.com.au
More pressure on China on these essential minerals too. They can steal it but then they wont be able to sell it.....
Canada imposes 100 per cent tariffs on Chinese electric vehicles – report
Canada joins the United States and European Union in increasing levies on electric vehicles built and shipped from China, including Tesla models.
Winenut
GO AVZ!!!!
You still have a wife??!!!......
Interesting to hear whether further details are released as to the US intentions for their investments. Seems to me their Lobito corridor plans include a serious interest in Manono.
It's an opportunity for the US plus makes strategic sense to blunt China's ability to control global lithium market.
Who knows but something is brewing on the diplomatic front. And with a development like this our US ambassador KRudd should be pressed into action. It's in Australia's interest also to thwart Chinese control of Manono. Or should be.
Chase
Regular
Yeah agree Ryhno well said..Heres hoping management contributing towards a positive mood for a win win imminent decision
As I mentioned earlier, there is no Locke funding deal required. I believe it was just a "kick the can down the road" exercise to appease shareholders or a last resort in the event that the DRC handed over the mining license and made things right.
It's quite clear in this announcement that the first port of call is to follow through with ICC/ICSID and force the DRC to settle as they are not wanting AVZ to mine. AVZ is not going mining in the next 500 years in the DRC. It's also quite clear that Zijin will take over mining duties.
Going by the language of the announcement the attempt is to get a percentage of the last traded share price.
The small funding provision is also indication that AVZ requires the cash to just get some ink to paper and cover costs.
The lack of intervention by Felix also indicates that Cominiere is calling the shots.
IMHO - AVZ will get a payout, distribute to shareholders, Nigel & Co with a golden handshake and GTFO of the DRC once and for all.
Disclaimer* - it's just my opinion and I could be totally wrong, don't hate me.
It's quite clear in this announcement that the first port of call is to follow through with ICC/ICSID and force the DRC to settle as they are not wanting AVZ to mine. AVZ is not going mining in the next 500 years in the DRC. It's also quite clear that Zijin will take over mining duties.
Going by the language of the announcement the attempt is to get a percentage of the last traded share price.
The small funding provision is also indication that AVZ requires the cash to just get some ink to paper and cover costs.
The lack of intervention by Felix also indicates that Cominiere is calling the shots.
IMHO - AVZ will get a payout, distribute to shareholders, Nigel & Co with a golden handshake and GTFO of the DRC once and for all.
Disclaimer* - it's just my opinion and I could be totally wrong, don't hate me.
I am indeed!
Good to hear another's take on the situation.
yes number 4You still have a wife??!!!......
hopefully a pay out soon im over the black and yellow
Mr_Tones83
Regular
"Going by the language of the announcement the attempt is to get a percentage of the last traded share price."
Just curious as to what language in the announcement you think displays this as a desired outcome?
"whilst ensuring any such settlement or value realisation opportunity is in the best interest of all shareholders."
I think this would mean highest traded price at a minimum.
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Uglybob
Regular
Sounds like a possible plan, but I can't get behind this part. Everyone knows that if this whole debacle never happened we'd be mining and the share price would be well above the ATH. Settling now for a fraction of the last traded value won't fly. Shareholders would be out for blood.
It'll be interesting to see where this lands.
“Shareholders would be out for blood” I’m sorry but this seems Naive, AVZ will be doing incredibly well to get anything back if the last 3 years are anything to go by, I’d be happy with anything near or above my purchase price and at a guess (as I can’t speak for anyone) I think most would to be rid of this! Consumed to much of my life! Although I don’t post here I do read everything both here and X and I try to not let it bother me but it honestly has! Sorry for rant, all the best 
Who's paying out ? The DRC hasn't got a pot to p1ss in . More like Nigel is going for Roche Dure . IMO
DRC aren't expected to buy their own asset. If Zijin want it and the ICSID say AVZ own it then Zijin will have to pay for it. All fines against DRC will be absorbed into a settlement. IMHO
Given its history of dirty tricks, Zijin might attempt to subtract the amount of its bribes from the final settlement amount. Now wouldn't that make for an interesting conversation haha.
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